Andhra Petrochemicals Ltd

Andhra Petrochemicals Ltd

₹ 50.1 -7.19%
10 Jun - close price
About

Incorporated in 1984, Andhra Petrochemicals Ltd manufactures and sells Oxo Alcohols[1]

Key Points

Product Profile: [1][2]
a) 2 Ethyl Hexanol:[3]
Application in resins, animal fats, vegetable
oils, dyestuffs & coating industries. The main application is as a feedstock in the manufacture of Di-Octyl Phthalate (DOP or DEHP)

  • Market Cap 426 Cr.
  • Current Price 50.1
  • High / Low 63.5 / 29.4
  • Stock P/E
  • Book Value 59.5
  • Dividend Yield 0.00 %
  • ROCE -1.62 %
  • ROE -2.45 %
  • Face Value 10.0

Pros

  • Stock is trading at 0.84 times its book value

Cons

  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of -4.24% over past five years.
  • Company has a low return on equity of 2.27% over last 3 years.
  • Earnings include an other income of Rs.22.2 Cr.
  • Working capital days have increased from 40.1 days to 79.3 days

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

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Quarterly Results

Figures in Rs. Crores

Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
162.44 190.67 180.64 138.91 278.46 129.62 104.29 124.53 143.45 141.46 167.64 67.39 79.32
153.79 189.20 168.92 126.27 220.14 110.29 109.56 145.10 159.87 151.95 166.72 79.17 78.27
Operating Profit 8.65 1.47 11.72 12.64 58.32 19.33 -5.27 -20.57 -16.42 -10.49 0.92 -11.78 1.05
OPM % 5.33% 0.77% 6.49% 9.10% 20.94% 14.91% -5.05% -16.52% -11.45% -7.42% 0.55% -17.48% 1.32%
5.94 5.87 6.45 6.36 6.74 7.53 6.73 6.90 3.27 6.97 6.07 5.91 3.30
Interest 2.17 2.17 2.14 2.18 2.17 2.17 2.19 2.20 2.48 2.18 2.19 2.19 2.38
Depreciation 4.02 3.68 3.72 3.72 3.70 3.62 3.66 3.66 3.64 3.61 3.69 3.70 3.73
Profit before tax 8.40 1.49 12.31 13.10 59.19 21.07 -4.39 -19.53 -19.27 -9.31 1.11 -11.76 -1.76
Tax % 28.21% 20.13% 31.19% 25.04% 25.78% 24.54% -17.31% -22.43% -20.81% -9.56% -93.69% -8.42% -178.41%
6.02 1.18 8.47 9.82 43.93 15.91 -3.63 -15.15 -15.25 -8.42 2.14 -10.77 1.38
EPS in Rs 0.71 0.14 1.00 1.16 5.17 1.87 -0.43 -1.78 -1.79 -0.99 0.25 -1.27 0.16
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
140 334 329 520 666 456 566 965 683 789 502 456
170 345 316 453 557 423 429 656 648 705 525 476
Operating Profit -30 -11 13 66 109 32 137 309 35 84 -23 -20
OPM % -21% -3% 4% 13% 16% 7% 24% 32% 5% 11% -5% -4%
1 8 1 2 3 3 4 15 19 25 24 22
Interest 10 13 16 12 6 2 9 9 9 9 9 9
Depreciation 9 10 9 9 10 13 14 14 15 15 15 15
Profit before tax -47 -26 -11 47 95 21 118 301 29 86 -22 -22
Tax % -6% -10% -32% 2% 26% 35% 35% 25% 30% 26% -18% -28%
-45 -24 -7 46 70 14 76 227 20 63 -18 -16
EPS in Rs -5.24 -2.79 -0.87 5.47 8.22 1.63 9.00 26.68 2.40 7.46 -2.13 -1.84
Dividend Payout % 0% 0% 0% 0% 18% 0% 17% 11% 62% 27% 0% 0%
Compounded Sales Growth
10 Years: 3%
5 Years: -4%
3 Years: -13%
TTM: -9%
Compounded Profit Growth
10 Years: 5%
5 Years: %
3 Years: %
TTM: 15%
Stock Price CAGR
10 Years: 13%
5 Years: -11%
3 Years: -6%
1 Year: -10%
Return on Equity
10 Years: 14%
5 Years: 11%
3 Years: 2%
Last Year: -2%

Balance Sheet

Figures in Rs. Crores

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Equity Capital 85 85 85 85 85 85 85 85 85 85 85 85
Reserves 59 32 28 73 142 138 219 419 420 471 436 420
77 79 111 71 14 85 79 88 88 84 86 82
44 46 40 18 20 29 64 51 43 57 47 36
Total Liabilities 265 243 264 247 261 337 446 642 636 696 653 623
200 192 184 181 172 247 235 224 221 209 196 198
CWIP 0 0 0 1 0 0 0 7 0 1 3 7
Investments 15 14 8 5 21 32 150 118 45 64 68 84
49 36 73 59 68 58 61 294 370 422 386 335
Total Assets 265 243 264 247 261 337 446 642 636 696 653 623

Cash Flows

Figures in Rs. Crores

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
-32 -17 -14 60 79 41 125 177 16 103 -57 13
1 -1 12 -8 -15 -15 -112 -167 2 -72 77 -0
34 16 2 -52 -63 -24 -7 -17 -21 -26 -23 -12
Net Cash Flow 2 -2 -0 1 1 1 6 -7 -3 5 -3 0
Free Cash Flow -32 -19 -14 51 78 35 124 168 8 99 -60 -8
CFO/OP 108% 153% -115% 106% 91% 144% 105% 82% 83% 150% 204% -36%

Ratios

Figures in Rs. Crores

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Debtor Days 2 4 24 24 20 5 3 1 1 2 0 0
Inventory Days 75 28 52 16 15 38 34 39 45 24 47 29
Days Payable 26 5 8 6 4 10 17 5 3 4 11 8
Cash Conversion Cycle 51 27 68 34 31 33 20 36 42 22 36 22
Working Capital Days -45 -9 4 -14 20 14 4 17 30 10 31 79
ROCE % -16% -10% 3% 26% 43% 8% 37% 63% 6% 15% -2% -2%

Insights

In beta
Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Capacity Utilization
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Installed Capacity (Oxo-Alcohols)
MTPA
Number of Permanent Employees
Numbers
Production Volume (Oxo-Alcohols)
MT
Sales Volume (Oxo-Alcohols)
MT
Oxo-Alcohols Spread (Price - Feedstock)
Rs./MT

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
45.04% 45.04% 45.04% 45.04% 45.04% 45.04% 45.04% 45.04% 45.04% 45.04% 45.04% 45.04%
0.35% 0.32% 0.32% 0.74% 1.23% 1.13% 0.95% 0.95% 0.94% 0.91% 0.90% 0.90%
0.02% 0.02% 0.02% 0.02% 0.02% 0.02% 0.02% 0.02% 0.02% 0.02% 0.02% 0.02%
54.57% 54.60% 54.61% 54.18% 53.68% 53.80% 53.97% 53.97% 53.99% 54.02% 54.03% 54.03%
No. of Shareholders 73,71771,16369,06767,77576,52079,79279,84079,18378,27079,11278,11576,164

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

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