Balaji Amines Q1 FY26: Revenue Rs 358 Cr, PAT Rs 38 Cr

Stock check: BSE and NSE prices on June 16, 2026

Balaji Amines traded lower on both exchanges in the session captured in the market snapshot dated Tuesday, June 16, 2026. On the BSE, the stock was quoted at Rs 2,073.95, down Rs 33.25 or 1.58%, with reported volume of 14.38K. On the NSE, it was at Rs 2,070, down Rs 38.10 or 1.81%. The day’s range was shown as Rs 2,048.50 to Rs 2,107.25. The 52-week range in the data was Rs 905.15 to Rs 2,260.00. These levels framed investor attention around the company’s latest quarterly and full-year disclosures.

Q1 FY26 headline: revenue up sequentially, down year-on-year

For the quarter ended June (Q1 FY26), Balaji Amines reported consolidated revenue of Rs 358.34 crore and net income (PAT) of Rs 38.00 crore, based on the quarterly table provided. The same table showed diluted normalised EPS of Rs 11.73. The dataset also described the quarter as showing revenue growth on a quarter-on-quarter basis, while indicating a year-on-year decline. Separately, the text noted consolidated revenue of Rs 367.00 crore for Q1 FY26, describing it as a 2% increase from Q4 FY25 but around a 7% decline from Q1 FY25. Total income for the quarter was stated at Rs 367.36 crore, down 6.5% year-on-year from Rs 392.87 crore. Taken together, the information points to steady topline levels with a softer year-on-year comparison.

Profitability: PAT and EPS reflected pressure

Profitability metrics were mixed across the inputs shared. One section stated profit for the period declined 12.2% to Rs 37.99 crore in Q1 FY26 from Rs 43.29 crore in Q1 FY25. Another section summarised Q1 FY26 EBITDA at Rs 64 crore versus Rs 68 crore in Q4 FY25 and Rs 74 crore in Q1 FY25. EBITDA margin for Q1 FY26 was stated at 17%, compared with 19% in Q4 FY25 and 19% in Q1 FY25. The quarterly table listed net income at Rs 38.00 crore and operating income at Rs 40.72 crore. It also reported diluted normalised EPS at Rs 11.73 for the quarter.

Costs and operating line items highlighted in the quarterly table

The quarterly table (all figures in Rs crore except per share values) provided a cost and profit breakdown. Total operating expense was shown at Rs 317.62 crore for the quarter. Depreciation and amortisation was listed at Rs 13.97 crore. Selling, general and administrative expenses were Rs 20.48 crore, while other operating expenses totalled Rs 71.16 crore. Net income before taxes (PBT line) was shown at Rs 49.01 crore. These line items help explain why margins can tighten even when revenue holds up, especially when operating expenses remain elevated.

Volumes: higher tonnage reported alongside stable pricing commentary

Operationally, the company reported total volumes of 27,570 MT for Q1 FY26, compared with 25,871 MT in Q4 FY25. It also shared product-level volumes for the quarter, including amines volume of 7,573 MT. The accompanying commentary cited stable commodity prices as a factor supporting performance continuity even as volumes rose. In another place, Q1 FY26 volumes were referenced with amines volumes at 7,746 metric tons, alongside other segment tonnages, but the quarter context remained Q1 FY26. The consistent takeaway from the provided inputs is that volume growth was present, while profitability did not rise in tandem.

Q4 FY26 was described as the strongest in years

Beyond Q1, the material highlighted Q4 FY26 as a standout quarter. The company was described as delivering revenue of Rs 403 crore, EBITDA of Rs 102 crore at a 25% margin, and PAT of Rs 65 crore, up 62% year-on-year. A detailed data block added that revenue from operations in Q4 FY26 was Rs 394.79 crore, up 11.92% year-on-year from Rs 352.73 crore and up 19.16% quarter-on-quarter from Rs 331.30 crore. Total income for Q4 FY26 was Rs 402.52 crore. Profit before tax was Rs 85.86 crore and net profit was Rs 64.77 crore for the quarter, based on conversions from the provided lakh figures. EPS for Q4 FY26 was stated at Rs 19.99.

FY26 full-year performance and cash flow items

For FY26, the company reported consolidated revenue increasing to Rs 1,454 crore with profit after tax at Rs 169 crore. Another dataset line specified consolidated revenue from operations at Rs 1,424.98 crore for FY26 versus Rs 1,397.08 crore in FY25, an increase of 2.00%. Full-year EBITDA was stated at Rs 294 crore compared with Rs 265 crore year-on-year, with EBITDA margin cited at 20%. PAT margin was stated at 12% versus 11% in FY25, alongside PAT of Rs 169 crore versus Rs 159 crore in FY25. The cash flow snapshot included net cash from operations of Rs 184 crore and cash flow from investing activities of negative Rs 344 crore.

Dividend: board recommendation and expected cash outflow

The Board recommended a dividend of Rs 11 per equity share for FY 2025-26, subject to shareholder approval at the AGM. The dividend was described as 550% of the face value of Rs 2 each. If approved, the cash outflow was stated at Rs 3,564.11 lakh, which equals about Rs 35.64 crore. The material also noted that the company had only announced results, with no additional announcement such as bonus mentioned in the same context.

Key numbers at a glance

Market impact and what investors tracked

The market snapshot shows the stock trading lower on the day of the price capture, indicating that investors were weighing earnings data amid near-term margin commentary. Q1 FY26 numbers included a year-on-year decline in total income and a drop in PAT versus the prior year, which often draws attention in result-season trading. At the same time, FY26 disclosures pointed to a higher full-year revenue base and improved PAT versus FY25, alongside a stronger Q4. The dividend recommendation provided an additional shareholder return datapoint, with the expected cash outflow quantified. Operationally, the reported rise in volumes in Q1 FY26 added context, because higher tonnage did not fully translate into higher profitability metrics in the quarter. Investors also had multiple revenue references across datasets (total revenue, revenue from operations, and total income), which can lead to a closer reading of what each line represents.

Conclusion

Balaji Amines’ Q1 FY26 disclosures showed consolidated revenue of Rs 358.34 crore with PAT of about Rs 38 crore, alongside volume growth and a softer year-on-year profitability comparison. Separately, FY26 was presented as improved on a full-year basis, and the board recommended a dividend of Rs 11 per share subject to shareholder approval at the AGM. The next clear milestone in the provided information is the shareholder decision on the dividend, along with future quarterly updates that will show whether margins stabilise alongside the reported volume momentum.