Case study

BALAMINES

Balaji Amines Limited

Tread carefully1y model +1.3%

Each stock's 10,000-path forecast, rendered as light.

34Score

Balaji Amines Limited (BALAMINES) Stock Analysis & Case Study

Is BALAMINES a good buy? The data-driven verdict.

Balaji Amines Limited (BALAMINES) trades at ₹2,030,on the numbers it tread carefully, a Downstox Snapshot Score of 34/100.

On the numbers, Balaji Amines Limited (BALAMINES) tread carefully, a Downstox Snapshot Score of 34/100, weighing premium at 32.2× earnings, ROE of 8.7%, a 51% model probability of trading higher in a year. Below: the full bull case, bear case, sector-relative valuation, and a probability-weighted price target for 2027-2031.

Last updated . Data snapshot for research, not investment advice.

BALAMINES fundamentals at a glance, PE, PB, ROE, ROCE, market cap, dividend yield

Market cap
₹6,576 Cr
Current price
₹2,030
P/E ratio
32.2×
P/B ratio
3.33×
Book value
₹610
Dividend yield
0.54%
ROCE
11.0%
ROE
8.7%
Piotroski F-Score
4/8

How BALAMINES ranks against the 2,373 companies in our screener

Is BALAMINES overvalued? BALAMINES P/E vs peers

BALAMINES trades at 32.2× earnings. We don't have a verified sector peer group for this stock yet, so no sector peer median or peer comparison table is shown here. Showing one anyway would compare it against an arbitrary set of large-cap names, not real sector peers.

BALAMINES share price target 2027, 2028, 2029, 2030, 2031, a probability view

Unlike a single guessed number, this is a probability-weighted range from a 10,000-path Monte-Carlo simulation on 9.8y of BALAMINES history (19%/yr drift, 47%/yr volatility).

YearLow (P10)Median target (P50)High (P90)Upside vs today
BALAMINES 2027₹1,129₹2,056₹3,747+1%
BALAMINES 2028₹905₹2,083₹4,795+3%
BALAMINES 2029₹752₹2,111₹5,922+4%
BALAMINES 2030₹657₹2,139₹6,962+5%
BALAMINES 2031₹579₹2,167₹8,107+7%

Median (P50) is the central estimate; the P10-P90 band is the 80% confidence range. Probabilities, not promises.

What is the probability BALAMINES goes up, or doubles?

51%
Higher in 1 year
Modelled chance the price is above today in 12 months
53%
Higher in 5 years
Modelled chance the price is above today in 5 years
27%
Doubles in 5 years
Modelled chance of reaching ₹4,059 within 5 years

The bull case for BALAMINES

  • Balaji Amines Limited is part of the nifty500 universe with live, tracked fundamentals on Downstox.
  • Upside scenario: the model's optimistic (P90) 3-year path reaches ₹5,922.

The bear case & risks

  • BALAMINES's P/E of 32.2x is lower than 43% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
  • BALAMINES's return on equity of 8.7% ranks in the 43rd percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
  • High historical volatility (47%/yr) means a wide, bumpy range of outcomes, size positions accordingly.
  • Downside scenario: the model's pessimistic (P10) 3-year path falls to ₹752.

BALAMINES volatility & expected range, how bumpy is the ride?

Over the last 9.8 years BALAMINES compounded at 19%/year with annualized volatility of 47%. That volatility implies a 1-year 80% range of ₹1,129-₹3,747, the honest backbone behind any single price target.

BALAMINES price forecast, the full 60-month probability fan

Spot Price · Today
₹0
Based on 9.8 years of daily NSE data ·0.0% annualised volatility
5-yr median forecast
₹0
P(price ↑ in 5y)
0%
1-Year Forecast
2027
₹0
Median (P50)
1.3%
80% range₹1,129-₹3,747
P(price ↑)51%
P(price 2×)7%
3-Year Forecast
2029
₹0
Median (P50)
4.0%
80% range₹752-₹5,922
P(price ↑)52%
P(price 2×)21%
5-Year Forecast
2031
₹0
Median (P50)
6.8%
80% range₹579-₹8,107
P(price ↑)53%
P(price 2×)27%

BALAMINES price probability fan

Each band shows where 10,000 simulated paths land. The wider the fan, the more uncertainty.

Probability Fan
BALAMINES simulated paths · 60 months · 10,000 trials
P10-P90 (80%)P25-P75 (50%)Median (P50)

Probability of key outcomes

What are the odds BALAMINES hits common targets within the simulated horizon?

0%
P(↑ 1Y)
Above today's price in 1 year
0%
P(↑ 5Y)
Above today's price in 5 years
0%
P(2×)
Doubles within 5 years
0%
P(↓)
Falls below today in 5 years

Full multi-horizon detail on the BALAMINES price target & forecast page.

BALAMINES Piotroski F-Score: 4/8, how financially strong is it?

4/8

The Piotroski F-Score grades financial strength on profitability, leverage and efficiency checks. Downstox scores the eight checks it can verify from published filings, so 8 is full marks. BALAMINES scores 4/8, mixed financial health.

BALAMINES MTF margin & leverage across 7 brokers

Margin Trading Facility lets you buy BALAMINES with part of the capital. Lower margin % = higher leverage. Rates compared across 7 brokers (no competitor publishes this):

BrokerMargin requiredApprox. leverage
Zerodha39.73%2.5×
Groww39.76%2.5×
Kotak Neo39.68%2.5×
Paytm Money100.00%1.0×
PocketfulCHEAPEST39.56%2.5×
Anand Rathi100.00%1.0×
Share India39.76%2.5×

Compare every broker on the BALAMINES MTF page.

About Balaji Amines Limited: sector, index & market-cap context

Balaji Amines Limited (BALAMINES) is a small-cap NSE-listed company, with a market capitalisation of ₹6,576 Cr. See more stocks on our screener.

How the BALAMINES Snapshot Score & forecast are built

The Downstox Snapshot Score is a transparent, rules-based read of Balaji Amines Limited's public fundamentals plus a statistical forecast, not an analyst opinion. It rewards low-to-fair valuation, high ROE/ROCE, a strong Piotroski F-Score, a dividend, low volatility and a favourable probability of upside; it penalises rich valuations, weak capital efficiency, a low F-Score and high volatility. The price target is a 10,000-path Monte-Carlo simulation on real historical volatility, a distribution, not a single guess. The bull and bear cases are generated from the same data, so you always see both sides.

This is information, not investment advice. Do your own due diligence and consult a SEBI-registered adviser before investing.

BALAMINES analysis, FAQs

Is Balaji Amines Limited (BALAMINES) a good buy?

On the numbers, Balaji Amines Limited (BALAMINES) tread carefully, a Downstox Snapshot Score of 34/100, weighing premium at 32.2× earnings, ROE of 8.7%, a 51% model probability of trading higher in a year. This is a data snapshot for research, not investment advice.

Is BALAMINES overvalued or undervalued?

BALAMINES trades at 32.2× earnings, premium versus the ~22× long-run Nifty average.

What is the BALAMINES share price target for 2031?

BALAMINES's probability-weighted 2031 median target is ₹2,167, with an 80% range of ₹579-₹8,107 (10,000-path Monte-Carlo).

What is the probability BALAMINES doubles in 5 years?

The modelled probability of BALAMINES reaching ₹4,059 (2×) within 5 years is 27%.

What is the bull case for BALAMINES?

Balaji Amines Limited is part of the nifty500 universe with live, tracked fundamentals on Downstox.

What are the risks in BALAMINES?

BALAMINES's P/E of 32.2x is lower than 43% of the 2,373 NSE companies in our screener, as of 9 Aug 2026. BALAMINES's return on equity of 8.7% ranks in the 43rd percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026. High historical volatility (47%/yr) means a wide, bumpy range of outcomes, size positions accordingly.

More on BALAMINES