Balaji Amines
Balaji Amines Limited is a publicly listed Indian specialty chemical manufacturer producing aliphatic amines, derivatives, specialty solvents, and pharma excipients for pharmaceutical, agrochemical, specialty chemical, and EV battery manufacturers across 50+ countries.
- Company typePublic
- Founded1988
- HeadquartersSolapur, India
- Headcount101–250
- GTM typeB2B
- OfferingHardware or Manufacturing
What Balaji Amines does
Balaji Amines Limited is a publicly listed Indian specialty chemical manufacturer founded in 1988 by Ande Prathap Reddy, headquartered in Solapur, Maharashtra, with manufacturing operations across four units (three in Solapur and one in Hyderabad/Bollaram). The company produces aliphatic amines (MMA, DMA, TMA, MEA, DEA, TEA), amine derivatives (DMAHCL, DMAC, choline chloride variants, urea derivatives), specialty chemicals (NMP, Morpholine, GBL, DMF, DMC, Propylene Glycol, Propylene Carbonate, Acetonitrile), and pharma excipients (PVPK-30). It holds the world's largest DMAHCL production capacity, India's largest single-site methylamines facility at 88,000 TPA, and is the sole Indian manufacturer of GBL, NMP, and Morpholine. All process technologies are developed in-house with zero external licences, supported by a DSIR-recognised R&D centre in Hyderabad and DCS/ZLD-enabled manufacturing infrastructure.
The company generates revenue primarily through B2B direct sales of manufactured chemicals to enterprise customers in pharmaceuticals, agrochemicals, specialty chemicals, and — increasingly — the EV battery supply chain via India's first electronic-grade Dimethyl Carbonate plant commissioned in May 2025. FY26 consolidated revenue stood at ₹1,454 crore with PAT of ₹169 crore (Q4 FY26 PAT up 62% YoY, 25% EBITDA margin). Distribution operates through dedicated domestic and export sales teams serving 65+ international clients across 50+ countries, with WHO-GMP, EDQM, and REACH certifications enabling access to regulated markets in Europe, the USA, and Japan. Exports contributed 14.30% of FY26 revenue.
The company is pursuing its most consequential expansion to date through wholly-owned subsidiary Balaji Speciality Chemicals Limited (BSCL), a ₹750 crore mega project for EDA derivatives (DETA, TETA, Piperazine, AEEA, AEP), HCN, NaCN, and EDTA products, with Unit I commissioning targeted for September 2026 and Unit II for Q4 FY27. The company has 1,200+ employees and is controlled by its founders, with Reddy-family members serving as Executive Chairman, Managing Director, and Whole-time Director/CFO.
Balaji Amines firmographics
Firmographics- Name
- Balaji Amines
- Legal name
- Balaji Amines Limited
- Website
- https://balajiamines.com
- Company type
- Public
- Founded year
- 1988
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- Balaji Amines Limited is a publicly listed Indian specialty chemical manufacturer producing aliphatic amines, derivatives, specialty solvents, and pharma excipients for pharmaceutical, agrochemical, specialty chemical, and EV battery manufacturers across 50+ countries.
- Ownership category
- akta.pro rank
Balaji Amines industry classification
Industry- Product category
- Specialty Chemicals
- NAICS
- Chemical Manufacturing (325), Other Basic Organic Chemical Manufacturing (32519), Basic Chemical Manufacturing (3251)
- SIC
- Industrial Organic Chemicals (2860), Chemicals & Allied Products (2800)
- akta.pro primary industry
- Electronic & High-Purity Specialty Chemicals (IMAEABAD)
- akta.pro secondary industry
- GMP Scale-Up, Tech Transfer & Process Validation (PPQ) (HLAGAHAL)
Keywords
Where Balaji Amines is headquartered
LocationHeadquarters
- HQ city
- Solapur
- HQ country
- India
- HQ region
- Asia
Offices6 records
Markets served
Balaji Amines business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales
Revenue model
- Chemical Products Manufacturing and Sales: Balaji Amines generates revenue through the manufacture and sale of aliphatic amines (Methylamines, Ethylamines), derivatives of specialty chemicals, specialty solvents, and pharma excipients to pharmaceutical, agrochemical, and specialty chemical industries. FY26 full-year consolidated revenue stood at ₹1,454 crore.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | B2B chemical product pricing - quote-based for enterprise customers |
Go-to-market motion2 records
Distribution channels2 records
Marketing channels4 records
Balaji Amines product offering
Product offeringCore offering
Balaji Amines manufactures and sells aliphatic amines (methylamines and ethylamines), amine derivatives, specialty chemicals (solvents like NMP, Morpholine, GBL, DMF, DMC), and pharma excipients (PVPK30) for pharmaceutical, agrochemical, specialty materials, and electric mobility industries. The company operates four manufacturing units in Solapur and Hyderabad with 2,93,600+ MTPA installed capacity, using fully proprietary in-house process technology with zero external licences. Its products serve as critical chemical intermediates and solvents for drug manufacturing, pesticides, EV battery electrolytes, and industrial applications across 50+ countries.
Product overview
Balaji Amines is a chemical manufacturing company specializing in aliphatic amines and specialty chemicals for critical industries including pharmaceuticals, agrochemicals, specialty materials, and electric mobility. The company operates a multi-platform manufacturing ecosystem with four units producing four product lines: (1) Amines including methylamines (MMA, DMA, TMA) and ethylamines (MEA, DEA, TEA) as core building blocks; (2) Derivatives including amine hydrochlorides (DMA HCL, TMA HCL, DEA HCL, TEA HCL, MEA HCL), Dimethyl Acetamide, Di-Methyl Urea, Choline Chloride variants, and Benzyl Tri Ethyl Ammonium Chloride; (3) Specialty Chemicals including NMP, Morpholine, GBL (all sole Indian manufacturers), DMF, Acetonitrile, Dimethyl Carbonate, Propylene Glycol, Propylene Carbonate, and other pyrrolidones; (4) Pharma Excipients including PVPK30 in multiple grades. The company has achieved import substitution for India by developing indigenous process technologies across all product lines.
Differentiator
Problem solved
Functional benefit
Products and services
- Methylamines (MMA, DMA, TMA) Aliphatic amines including Monomethylamine (MMA), Dimethylamine (DMA), and Trimethylamine (TMA) - essential building blocks for various chemical syntheses in pharmaceuticals, agrochemicals, and specialty materials.
- Ethylamines (MEA, DEA, TEA) Aliphatic amines including Monoethylamine (MEA), Diethylamine (DEA), and Triethylamine (TEA) - used as intermediates in pharmaceutical, agrochemical, and specialty chemical manufacturing.
- Dimethyl Amine Hydrochloride (DMAHCL) Drug intermediate used in production of Metformin, a generic diabetic drug. Balaji Amines is the largest producer of this product in the world.
- Amine Hydrochloride Derivatives (TMA HCL, DEA HCL, TEA HCL, MEA HCL) Aminium salt derivatives used as intermediates in pharmaceutical and specialty chemical synthesis and organic synthesis.
- Dimethyl Acetamide (DMAC) Polar aprotic solvent used in pharmaceutical manufacturing and petrochemical processes.
- Dimethyl Amino Ethanol (DMAE) and Diethyl Amino Ethanol (DEAE) Amino alcohol derivatives used in pharmaceutical intermediates and specialty chemical manufacturing.
- Choline Chloride Products Available in multiple forms: 60% corn cob formulation, 75% aqueous solution, and 98% powder. Used in animal feed and pharmaceutical applications.
- Benzyl Tri Ethyl Ammonium Chloride (BTEAC) Quaternary ammonium salt used as a phase transfer catalyst in organic synthesis.
- N-Methyl Pyrrolidone (NMP) High-performance polar aprotic solvent used in petrochemical processing, agrochemical formulations, and electronics manufacturing. Balaji Amines is the first and sole manufacturer in India.
- Morpholine Heterocyclic amine solvent used in pharmaceutical, agrochemical, and specialty chemical manufacturing. Balaji Amines is the first and sole manufacturer in India.
- Gamma-Butyrolactone (GBL) High-boiling solvent used in petrochemical processing and electronics manufacturing. Balaji Amines is the first and sole manufacturer in India.
- Dimethylformamide (DMF) Polar aprotic solvent used in pharmaceutical manufacturing and petrochemical processing. Plant commissioned at Unit III with 18,000 MTA capacity.
- Dimethyl Carbonate (DMC) - Electronic Grade Green solvent and intermediate used in EV battery chemistry and clean energy applications. Balaji Amines is India's first Electronic Grade DMC manufacturer.
- Propylene Glycol (Pharma Grade) Diol used in pharmaceutical, food, and specialty chemical applications. Pharma-grade production commissioned.
- Poly Vinyl Pyrrolidone (PVPK30) Available in IP/BP/JP grade for pharmaceutical applications and Technical grade for industrial uses. Holds Certificate of Suitability from EDQM and WHO-GMP certified production.
- 2-Pyrrolidone and N-Ethyl-2-Pyrrolidone (NEP) Cycloamide and ethylated pyrrolidone solvents used in pharmaceutical, specialty chemical applications, industrial cleaning, and specialty chemical formulations.
- Acetonitrile (ACN) Nitrile solvent used in pharmaceutical and electronics manufacturing applications.
- Propylene Carbonate (PC) Cyclic carbonate solvent used in specialty chemical and industrial applications.
- Di-Methyl Urea (DMU) Urea derivative used in specialty chemical applications.
Quantifiable outcome
- Full-year consolidated revenue ₹1,454 crore, PAT ₹169 crore in FY26
- +3 more outcomes
Companies that use Balaji Amines
Customer profileNamed customers4 records
Segments4 records
Ideal customer profiles4 records
Balaji Amines technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature5 records
Balaji Amines partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Balaji Speciality Chemicals Limited (BSCL)coreSubsidiary company developing ₹750 crore mega project for next-generation specialty chemicals including EDA derivatives (DETA, TETA, Piperazine, AEEA, AEP), HCN, NaCN, EDTA and EDTA-2Na. BSCL Unit I expected to commission September 2026; BSCL Unit II expected Q4 FY27. This is the company's most consequential capex programme.
Scale indicators15 records
Recent moves6 records
Expansion highlights5 records
Balaji Amines competitors and assessment
Company assessmentDirect peers
- Deepak Nitrite: Indian basic and specialty chemicals manufacturer with phenol, acetone, and intermediates; comparable as an Indian-listed specialty platform with regulated-market customers and vertical integration across intermediates.
- Jubilant Ingrevia: Indian specialty chemicals and life sciences intermediates producer (pyridines, amines, CDMO); comparable on indigenous process technology and pharma/agchem customer mix.
- Navin Fluorine International: Indian specialty fluorochemicals and intermediates producer with regulated-market exposure; comparable as a domestic specialty platform serving pharma and agrochemical customers with proprietary process technology.
- Atul Limited: Diversified Indian specialty chemicals company serving pharma, agrochemical, and performance chemical markets; comparable on multi-product specialty platform and integrated manufacturing approach.
- Alkyl Amines Chemicals: Indian aliphatic amines manufacturer (methylamines, ethylamines, derivatives) — the closest direct comparable to Balaji Amines given near-identical product portfolio, end-markets, and Indian market positioning.
- Aarti Industries: Large Indian specialty chemicals manufacturer serving pharma and agrochemical end-markets globally; directly comparable on scale, customer overlap, and India-based specialty chemicals platform.
- SRF Limited: Indian specialty chemicals manufacturer with strong specialty intermediates, fluorochemicals, and packaging films; comparable on B2B specialty chemicals scale, exports to regulated markets, and pharma/agchem customer base.
Broad incumbents
- Tata Chemicals: Indian-listed diversified chemicals platform (soda ash, specialty, agri); comparable as an Indian specialty chemicals incumbent with broader portfolio reach though different product mix.
- Lanxess: Global specialty chemicals incumbent with presence in amines, additives, and industrial chemicals; overlaps with BAL's specialty intermediates but covers a much broader portfolio across multiple chemistries.
- BASF: Global chemical incumbent with broad amines, intermediates, and battery materials portfolios; directly competes in methylamines and DMC but operates at much larger scale with global reach.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
Balaji Amines social profiles
Digital presenceBalaji Amines compliance and trust
Trust signalCompliance7 records
Balaji Amines financial estimates
Financial estimateRevenue estimate
Valuation estimate
Balaji Amines leadership team
Management profileNumber of profiles
Profiles15 records
Balaji Amines subsidiaries and ownership
Company hierarchySubsidiaries1 record
Balaji Amines funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Balaji Amines M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Balaji Amines
What does Balaji Amines do?
Balaji Amines manufactures and sells aliphatic amines (methylamines and ethylamines), amine derivatives, specialty chemicals (solvents like NMP, Morpholine, GBL, DMF, DMC), and pharma excipients (PVPK30) for pharmaceutical, agrochemical, specialty materials, and electric mobility industries. The company operates four manufacturing units in Solapur and Hyderabad with 2,93,600+ MTPA installed capacity, using fully proprietary in-house process technology with zero external licences. Its products serve as critical chemical intermediates and solvents for drug manufacturing, pesticides, EV battery electrolytes, and industrial applications across 50+ countries.
Is Balaji Amines a public or private company?
Balaji Amines is a public company. It is classified as public and is currently operating.
When was Balaji Amines founded?
Balaji Amines was founded in 1988. It employs 101 to 250 people.
Where is Balaji Amines based?
Balaji Amines is headquartered in Solapur, India, in the Asia region.
How does Balaji Amines make money?
One revenue line is on record: chemical Products Manufacturing and Sales.
Who are Balaji Amines's main competitors?
Direct peers on record are Deepak Nitrite, Jubilant Ingrevia, Navin Fluorine International, Atul Limited, Alkyl Amines Chemicals, Aarti Industries and SRF Limited. Broad incumbents are Tata Chemicals, Lanxess and BASF.
Does Balaji Amines have an API?
No public API is recorded for Balaji Amines.
What industry is Balaji Amines in?
Balaji Amines's product category is Specialty Chemicals. Its primary akta.pro industry code is IMAEABAD, Electronic & High-Purity Specialty Chemicals, with a secondary code of HLAGAHAL, GMP Scale-Up, Tech Transfer & Process Validation (PPQ). Its NAICS code is 325 and its SIC code is 2860.