Amines & Plasticizers Ltd

Amines & Plasticizers Ltd

₹ 165 5.22%
28 Mar - close price
About

Amines & Plasticisers is engaged in the production of alkyl alkanolamines, morpholine, alkyl morpholine and gas treating solvents having end-use in oil refineries, natural gas plants, ammonia plants, petrochemical plants, pharmaceuticals and agrochemicals. The Company manufactures over 50 different varieties of amines and Agrochemicals. [1] [2]

Key Points

Product Portfolio
The Company manufactures over 60 different varieties of organic chemicals/amines/solvents /fertilizers. The main products manufactured are Methyl Diethonalamine (MDEA) and N Methyl Morpholine Oxide (NMMO) which are used in Petrochemicals and Oil refineries, Gas plants, and Textiles. [1]
During FY22, Co ventured into trading of molecular sieves which are used in Industrial Gases, Fuel Ethanol Production, miscellaneous petrochemicals, a liquid used in an oxygen concentrator, drying agent, packaging industries, polymer processing, and many such industries. [2]

  • Market Cap 910 Cr.
  • Current Price 165
  • High / Low 235 / 68.0
  • Stock P/E 26.6
  • Book Value 35.4
  • Dividend Yield 0.30 %
  • ROCE 15.3 %
  • ROE 12.1 %
  • Face Value 2.00

Pros

Cons

* 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.

Peer comparison

Sector: Chemicals Industry: Chemicals

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
111.40 142.88 134.48 133.17 142.60 152.64 138.40 131.34 158.95 164.36 136.55 157.39 174.11
98.61 129.72 122.45 122.24 135.18 142.98 127.65 122.67 150.24 150.42 122.72 141.33 157.24
Operating Profit 12.79 13.16 12.03 10.93 7.42 9.66 10.75 8.67 8.71 13.94 13.83 16.06 16.87
OPM % 11.48% 9.21% 8.95% 8.21% 5.20% 6.33% 7.77% 6.60% 5.48% 8.48% 10.13% 10.20% 9.69%
1.32 1.29 1.29 1.56 1.26 1.09 0.58 0.18 0.11 0.16 0.36 1.07 0.74
Interest 2.30 1.94 1.92 2.16 2.36 2.34 2.58 2.55 2.39 2.47 2.83 3.43 3.29
Depreciation 1.07 0.95 1.05 1.04 1.20 1.10 1.21 1.21 1.21 1.21 1.22 1.27 1.28
Profit before tax 10.74 11.56 10.35 9.29 5.12 7.31 7.54 5.09 5.22 10.42 10.14 12.43 13.04
Tax % 27.00% 26.04% 25.41% 25.51% 28.91% 25.03% 25.60% 25.93% 29.31% 25.34% 25.44% 25.18% 26.92%
7.85 8.55 7.72 6.92 3.63 5.47 5.62 3.76 3.69 7.78 7.57 9.29 9.53
EPS in Rs 1.43 1.55 1.40 1.26 0.66 0.99 1.02 0.68 0.67 1.41 1.38 1.69 1.73
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
189 192 243 300 260 295 326 455 399 442 563 593 632
176 178 225 278 237 267 298 421 357 389 523 551 572
Operating Profit 13 14 17 22 23 28 28 34 42 53 40 42 61
OPM % 7% 7% 7% 7% 9% 10% 9% 7% 10% 12% 7% 7% 10%
1 1 1 1 1 2 5 3 1 5 5 1 2
Interest 8 9 9 10 8 6 7 8 9 10 9 10 12
Depreciation 1 2 2 2 2 2 3 3 3 4 4 5 5
Profit before tax 4 4 7 12 14 22 24 27 31 44 32 28 46
Tax % 28% 28% 30% 33% 32% 29% 35% 35% 19% 26% 26% 26%
3 3 5 8 10 15 15 17 25 33 24 21 34
EPS in Rs 0.56 0.57 0.92 1.40 1.78 2.81 2.81 3.14 4.50 5.95 4.32 3.79 6.21
Dividend Payout % 9% 9% 11% 7% 11% 11% 11% 10% 7% 7% 9% 13%
Compounded Sales Growth
10 Years: 12%
5 Years: 13%
3 Years: 14%
TTM: 9%
Compounded Profit Growth
10 Years: 21%
5 Years: 6%
3 Years: -8%
TTM: 84%
Stock Price CAGR
10 Years: 47%
5 Years: 38%
3 Years: 29%
1 Year: 140%
Return on Equity
10 Years: 20%
5 Years: 19%
3 Years: 17%
Last Year: 12%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 6 6 6 6 11 11 11 11 11 11 11 11 11
Reserves 20 23 27 34 37 49 62 77 97 130 152 170 184
43 48 48 56 53 52 45 67 58 74 72 85 83
48 51 61 41 39 46 67 88 65 91 75 74 72
Total Liabilities 117 127 141 137 140 157 185 244 232 306 310 340 350
22 24 29 30 29 36 40 43 75 73 84 80 81
CWIP 0 1 1 0 0 1 1 11 3 11 3 5 3
Investments 2 2 2 1 1 0 0 0 0 0 0 1 1
93 101 110 105 109 120 144 189 154 221 223 254 265
Total Assets 117 127 141 137 140 157 185 244 232 306 310 340 350

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
-1 7 17 4 12 11 21 9 37 44 -28 3
-5 -3 -6 -2 -0 -3 -1 -13 -23 -6 -4 -2
6 -4 -10 -2 -12 -8 -16 10 -23 6 -13 1
Net Cash Flow 0 -0 1 0 -0 0 4 5 -8 44 -44 1

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 66 68 62 48 54 55 49 62 63 73 66 75
Inventory Days 87 97 77 61 63 76 98 65 84 73 81 66
Days Payable 115 109 100 56 61 72 92 83 76 100 56 52
Cash Conversion Cycle 38 55 39 54 57 60 55 43 71 47 91 90
Working Capital Days 77 85 65 72 84 79 69 61 75 70 95 110
ROCE % 20% 18% 21% 24% 22% 27% 27% 25% 26% 28% 18% 15%

Shareholding Pattern

Numbers in percentages

Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
73.17% 73.17% 73.17% 73.17% 73.17% 73.17% 73.17% 73.17% 73.17% 73.17% 73.17% 73.17%
26.83% 26.83% 26.83% 26.83% 26.83% 26.83% 26.84% 26.84% 26.82% 26.83% 26.82% 26.83%
No. of Shareholders 8,3279,83610,68510,45810,96110,99710,54310,28110,2009,8568,8458,370

Documents