Shares of Balaji Amines surged 20% to hit the upper circuit in morning trades after the specialty chemicals maker reported a strong set of earnings for the quarter ended March 2026.

At 9:54 AM, Balaji Amines shares were trading sharply higher after touching an intraday high of Rs 1,623.40 on heavy volumes. The stock opened at Rs 1,496 compared to its previous close of Rs 1,352.90. During the session, the stock traded between Rs 1,496 and Rs 1,623.40, while the counter witnessed live volume of over 8.07 lakh shares.

The rally came after the company posted robust year-on-year growth across revenue, operating profit, and net profit in the March quarter.

Balaji Amines Q4 FY26 Results

Balaji Amines reported revenue of Rs 395 crore in Q4 FY26, up 11.9% from Rs 353 crore in the corresponding quarter last year.

The company’s EBITDA rose 39.8% year-on-year to Rs 94.3 crore versus Rs 67.4 crore in the year-ago period. EBITDA margin expanded sharply by 480 basis points to 23.9% from 19.1%, indicating improved operational efficiency and better profitability.

Net profit for the quarter jumped 57.6% to Rs 63.2 crore compared to Rs 40.1 crore reported in Q4 FY25.