Balaji Amines Targets ₹1,800 Crore Revenue In FY27, Maintains 22-24% EBITDA Margin Guidance | ET Now
ET Now · 03 Nov 2026 · 8 min
Management interview of Balaji Amines Ltd (BALAMINES), with 6 key numbers discussed.
- D Ram Reddy, Managing Director, Balaji Amines
Balaji Amines is on track to achieve Rs 1,700-1,800 cr revenue in FY27 with 22-24% EBITDA margins, while targeting Rs 3,500-4,000 cr by FY29. Elevated freight rates linked to West Asia disruptions and raw material volatility continue to hit exports, which declined 6-7% YoY in H1. New capacities in acetonitrile are ramping up and expected to contribute Rs 50-100 cr in the next two quarters. The board will evaluate an IPO or merger for subsidiary Balaji Speciality Chemicals by the end of 2028.