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Net Sales are expected to decrease by 15.4 percent Y-o-Y (down 8.5 percent Q-o-Q) to Rs. 217 crore, according to HDFC Securities.
Balaji Amines’ management said the current developments have contributed to a price premium of about 25 percent, which can ease as these developments subside
Based on near term capacity expansion plans, improving end markets, product pricing scenario, expanding product portfolio both Balaji Amines (16.3x 2019e earnings) and Alkyl Amines ( 17.5x 2019e earnings) are well placed for growth in the near duopoly market.