Price
Financials
Consolidated, Rs crore| Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| Sales | 55 | 62 | 64 | 85 | 86 |
| Expenses | 52 | 56 | 57 | 72 | 79 |
| Operating Profit | 3 | 6 | 7 | 13 | 6 |
| OPM % | 6% | 10% | 11% | 15% | 7% |
| Other Income | 0 | 2 | 0 | 1 | 0 |
| Interest | 2 | 2 | 2 | 2 | 2 |
| Depreciation | 0 | 0 | 1 | 1 | 1 |
| Profit before tax | 1 | 6 | 5 | 11 | 4 |
| Tax % | 30% | 24% | 27% | 26% | 47% |
| Net Profit | 1 | 4 | 4 | 8 | 2 |
| EPS in Rs | 0.49 | 2.43 | 1.51 | 3.39 | 0.92 |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Sales | 59 | 103 | 127 | 145 | 152 | 127 | 170 |
| Expenses | 52 | 98 | 120 | 133 | 139 | 113 | 151 |
| Operating Profit | 7 | 5 | 8 | 12 | 12 | 13 | 19 |
| OPM % | 12% | 4.9% | 6% | 8% | 8% | 11% | 11% |
| Other Income | 1 | 0 | 1 | 0 | 0 | 2 | 1 |
| Interest | 2 | 2 | 3 | 3 | 3 | 4 | 4 |
| Depreciation | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Profit before tax | 4 | 2 | 5 | 8 | 8 | 11 | 15 |
| Tax % | 43% | 45% | 30% | 26% | 28% | 26% | 32% |
| Net Profit | 3 | 1 | 3 | 6 | 6 | 8 | 10 |
| EPS in Rs | 2.27 | 5.43 | 6.83 | 3.39 | 3.33 | 4.30 | |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | % | 11% | 6% | 35% | ||
| Compounded Profit Growth | % | 48% | 19% | 29% | ||
| Stock Price CAGR | % | % | % | -35% | ||
| Return on Equity | % | 15% | 14% | 12% |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 8 | 6 | 6 | 9 | 18 | 24 | 24 |
| Reserves | 11 | 15 | 18 | 20 | 17 | 56 | 67 |
| Borrowings | 14 | 20 | 20 | 26 | 33 | 31 | 42 |
| Other Liabilities | 26 | 32 | 40 | 42 | 20 | 13 | 30 |
| Total Liabilities | 59 | 72 | 83 | 97 | 88 | 124 | 163 |
| Fixed Assets | 8 | 13 | 13 | 12 | 12 | 12 | 12 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 1 | 12 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 52 | 59 | 70 | 85 | 77 | 111 | 139 |
| Total Assets | 59 | 72 | 83 | 97 | 88 | 124 | 163 |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 6 | 7 | 3 | -4 | -3 | -36 | 5 |
| Cash from Investing Activity | -0 | -7 | -1 | -0 | -1 | 5 | -13 |
| Cash from Financing Activity | -6 | 1 | -2 | 4 | 4 | 31 | 8 |
| Net Cash Flow | -0 | 1 | 0 | 0 | -0 | 0 | -0 |
| Free Cash Flow | 6 | 14 | 3 | -4 | -4 | -39 | -8 |
| CFO/OP | 108% | 159% | 55% | -21% | -9% | -238% | 30% |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Debtor Days | 149 | 93 | 82 | 76 | 75 | 129 | 145 |
| Inventory Days | 196 | 116 | 94 | 152 | 106 | 173 | 186 |
| Days Payable | 169 | 125 | 60 | 70 | 33 | 31 | 62 |
| Cash Conversion Cycle | 175 | 83 | 116 | 157 | 148 | 271 | 270 |
| Working Capital Days | 102 | 48 | 50 | 58 | 67 | 174 | 152 |
| ROCE % | 12% | 17% | 22% | 19% | 16% | 15% |
| Mar 2025 | Sep 2025 | Mar 2026 | |
|---|---|---|---|
| Promoters | 69.90% | 69.90% | 69.90% |
| FIIs | 3.55% | 3.54% | 3.54% |
| DIIs | 1.35% | 0.77% | 0.11% |
| Public | 25.20% | 25.79% | 26.45% |
| No. of Shareholders | 583 | 347 | 392 |
Fundamentals
Market Cap₹ 251 Cr.
Current Price₹ 106
Stock P/E24.6
Book Value₹ 38.1
ROCE15.2 %
ROE12.0 %
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)35%
Compounded Profit Growth (TTM)29%
Consolidated figures.
Valuation
Market capRs 253 Cr
Enterprise valueRs 277 Cr
P/E (TTM)41.54x
Price to book8.73x
Price to sales1.75x
EV / EBITDA23.44x
EV / EBIT25.24x
EV / sales1.91x
Earnings yield2.41%
Profitability
Operating margin (excl. other income)8.09%
Operating margin (incl. other income)8.16%
EBITDA margin8.16%
Pre-tax margin5.73%
Net profit margin4.21%
ROE23.06%
ROCE22.17%
ROA6.76%
ROE, 3-year average14.80%
ROCE, 3-year average16.93%
ROA, 3-year average4.32%
ROIC (approx.)15.35%
Tax rate26.33%
Other income / net worth0.35%
Growth
Sales growth (latest year)13.49%
Profit growth (latest year)88.54%
Sales CAGR, 3 years34.99%
Profit CAGR, 3 years33.67%
Per share
EPS (TTM)Rs 2.56
EPS (latest year)Rs 6.83
EPS, 3-year averageRs 4.84
Book value per shareRs 12.18
Sales per shareRs 60.79
Cash flow per shareRs -1.53
Free cash flow per shareRs -3.36
Efficiency
Asset turnover1.49x
Fixed asset turnover12.47x
Inventory turnover2.70x
Inventory days135 days
Debtor days76 days
Debtors turnover4.82x
Creditor days62 days
Cash conversion cycle270 days
Working capital days152 days
Leverage
Total debtRs 26 Cr
Cash and bankRs 3 Cr
Net debtRs 24 Cr
Debt to equity0.91x
Net debt / EBITDA2.00x
Interest coverage4.09x
Owners' fund to total sources29.92%
Debt to assets27.17%
Cash flow
Cash from Operating Activity (latest year)Rs -4 Cr
Cash from Investing Activity (latest year)Rs -0 Cr
Cash from Financing Activity (latest year)Rs 4 Cr
Net Cash Flow (latest year)Rs 0 Cr
Free cash flow (latest year)Rs -8 Cr
FCFE (approx.: FCF + change in debt)Rs -1 Cr
Cash from ops / profit, 5 years-1.06x
Statement figures
Net sales (TTM)Rs 145 Cr
Net sales (latest year)Rs 145 Cr
Operating profit excl. other income (latest year)Rs 12 Cr
Other income (TTM)Rs 0 Cr
EBITDA (TTM)Rs 12 Cr
PBDT (TTM)Rs 9 Cr
Profit before tax (TTM)Rs 8 Cr
Tax (latest year)Rs 2 Cr
Net profit (TTM)Rs 6 Cr
Net profit (latest year)Rs 6 Cr
Depreciation (TTM)Rs 1 Cr
Interest (TTM)Rs 3 Cr
Cost of goods sold (latest year)Rs 113 Cr
Total expenditure (latest year)Rs 133 Cr
Total income (latest year)Rs 145 Cr
Share capitalRs 9 Cr
ReservesRs 20 Cr
Shareholders' fundsRs 29 Cr
Total assetsRs 97 Cr
Net blockRs 12 Cr
ReceivablesRs 30 Cr
InventoryRs 42 Cr
Other liabilitiesRs 42 Cr
Shares outstanding (crore)2.38
Ownership
Promoter holding69.90%
Computed by MarketFriction from the consolidated statements. Returns use average balances.
Not enough history to build valuation bands (needs two years of profits and prices).
| Period | BALAJIPHOS | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | -5.0% | -2.8% | -2.3 pts |
| 1 month | +18.9% | -6.8% | +25.7 pts |
| 3 months | +18.2% | -7.6% | +25.8 pts |
| 6 months | -20.0% | +0.4% | -20.4 pts |
| 1 year | -24.1% | -9.9% | -14.1 pts |
Red flags
F-score 3 of 7| explain | High accruals Profit exceeded operating cash by 10% of total assets in 2026 |
| look | Inventory outrunning sales Inventory grew 78% vs sales +13% in 2026 |
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.
Latest quarter
Mar 2026Sales ₹86 Cr +56.4% vs Mar 2024.
Net profit ₹2 Cr +100.0%.
Activity
Compare| Company | Mcap (Cr) | P/E | ROCE |
|---|---|---|---|
| Coromandel International Ltd | 52,894 | 28.3 | 22.0 % |
| Fertilizers & Chemicals Travancore Ltd | 48,996 | 4.02 % | |
| Chambal Fertilisers & Chemicals Ltd | 16,569 | 8.59 | 25.2 % |
| Paradeep Phosphates Ltd | 16,002 | 14.7 | 15.4 % |
| Madhya Bharat Agro Products Ltd | 7,310 | 47.2 | 19.3 % |
| Gujarat State Fertilizers & Chemicals Ltd | 6,043 | 8.72 | 7.16 % |
| Rashtriya Chemicals & Fertilizers Ltd | 5,964 | 14.3 | 10.4 % |
| Krishana Phoschem Ltd | 5,725 | 29.1 | 27.2 % |
| National Fertilizer Ltd | 3,185 | 8.74 | 9.10 % |
| Southern Petrochemicals Industries Corporation Ltd | 1,290 | 6.29 | 16.8 % |
| Madras Fertilizers Ltd | 939 | 12.0 | 14.8 % |
| Zuari Agro Chemicals Ltd | 934 | 3.02 | 16.4 % |
| Aries Agro Ltd | 614 | 12.8 | 20.5 % |
| Khaitan Chemicals & Fertilizers Ltd | 482 | 8.27 | 18.5 % |
| Rama Phosphates Ltd | 425 | 7.92 | 15.4 % |
No bulk or block deals on record.
No corporate actions on record.
No announcements in our files yet.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Less than 100 unique PAN traded in previous 30 daysSME scrip is not regularly traded
Quick answers
What is the market cap of Balaji Phosphates Ltd?
Balaji Phosphates Ltd (BALAJIPHOS) has a market capitalisation of Rs 251 Cr. at the 2026-10-01 close.
What is the P/E ratio of Balaji Phosphates Ltd?
Balaji Phosphates Ltd trades at a P/E of 24.6 on trailing twelve-month profit, at the 2026-10-01 close.
What were Balaji Phosphates Ltd's latest quarterly results?
In the Mar 2026 quarter, Balaji Phosphates Ltd sales was Rs 86 Cr (+56.4% vs Mar 2024) and net profit was Rs 2 Cr.
What is the 52-week high and low of Balaji Phosphates Ltd?
The 52-week high is Rs 163.00 and the 52-week low is Rs 78.80.