Is Balaji Phosphates Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Balaji Phosphates Ltd (BALAJIPHOS.NS) is currently classified as HALAL as of March 2026. The classification is based on an evaluation of the company's business activities and financial ratios to determine whether it meets Islamic investment guidelines.

Is Balaji Phosphates Ltd a Shariah-compliant stock?

A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Balaji Phosphates Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Balaji Phosphates Ltd?

Muslim investors may consider investing in Balaji Phosphates Ltd if it meets Shariah compliance standards. Investors typically review the company's business activities, debt levels, and non-permissible income before making a decision.

Why is Balaji Phosphates Ltd classified as HALAL?

Musaffa determines the Shariah status of Balaji Phosphates Ltd by analyzing whether the company's core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.

How often is the Shariah compliance for Balaji Phosphates Ltd updated?

The Shariah compliance status of Balaji Phosphates Ltd may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like Balaji Phosphates Ltd become non-compliant?

Yes. A stock that is currently Shariah-compliant may become non-compliant if the company's financial ratios exceed Shariah thresholds or its business activities change.

Where can I check the Shariah status of Balaji Phosphates Ltd?

You can check the latest Shariah compliance status of Balaji Phosphates Ltd on Musaffa's stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.

Balaji Phosphates Ltd BALAJIPHOS.NS

₹99.00

Last Updated: May 14, 12:00 AM·NSE

BALAJIPHOS.NS Shariah Compliance

Screening Methodology: AAOIFI

HALAL

Last Updated: March 13, 2026

Report Source: 2026 2nd Quarter Report

Balaji Phosphates Ltd. Stock Analysis BALAJIPHOS.NS

India Materials Nano Cap Report: Q2, 2026

Balaji Phosphates Ltd. engages in the manufacturing of various types of fertilizers. The company is headquartered in Indore, Madhya Pradesh and currently employs 0 full-time employees. The company went IPO on 2025-03-07. The company sells its products under the brand names of RATNAM and BPPL to a diverse range of customers, including retailers, wholesalers and state-owned cooperatives, with farmers being the end users of the products. Its range of phosphate fertilizers comprising Single Super Phosphate (SSP), zinc sulfate, and NPK granulated and mixed fertilizers are used in agricultural soils to enhance plant growth and development. The Company’s products cater to farmers in Madhya Pradesh, Chhattisgarh, Maharashtra, Telangana, and Andhra Pradesh, supporting local agricultural growth. The company has an inhouse testing laboratory, which regulates and monitors the quality of fertilizer mixers, packaging and marking on the fertilizer bags. Its subsidiary is Jyoti Weighing Systems Pvt. Ltd.

Key Statistics of Balaji Phosphates Ltd (BALAJIPHOS.NS)

Key statistics in the stock market are essential financial indicators that measure a company's performance, valuation, profitability, and risk.

Today's Range

₹99.00₹99.00

Today's Open

₹99.00

Volume

3000.00

P/E Ratio (TTM)

52 Week Range

₹97.20₹184.70

Market Cap

2.39B

Avg. Volume

22.74K

Dividend Yield

Financial Metrics & Statements of Balaji Phosphates Ltd (BALAJIPHOS.NS)

FAQ's for Balaji Phosphates Ltd (BALAJIPHOS.NS)

According to Musaffa’s Shariah screening methodology, Balaji Phosphates Ltd (BALAJIPHOS.NS) is currently classified as HALAL as of March 2026. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.