Ami Organics Ltd

Ami Organics Ltd

₹ 1,229 1.24%
29 Apr 4:01 p.m.
About

Ami Organics Limited is one of the leading research and development-driven manufacturers of specialty chemicals. The company manufactures different types of Advanced Pharmaceutical Intermediates and Active Pharmaceutical Ingredients (API) for New Chemical Entities, and materials for agrochemicals and fine chemicals.[1]

Key Points

Business Overview
AMI Organics is a manufacturer of specialty chemicals with varied end usage and is focused on the development and manufacturing of advanced pharmaceutical intermediates for regulated and generic APIs and New Chemical Entities (NCE) and key starting material for agrochemical and fine chemicals. It has developed and commercialized over 520 products across 50 countries, supplied to over 500 customers. [1]

  • Market Cap 4,533 Cr.
  • Current Price 1,229
  • High / Low 1,389 / 1,004
  • Stock P/E 69.1
  • Book Value 170
  • Dividend Yield 0.25 %
  • ROCE 20.9 %
  • ROE 15.2 %
  • Face Value 10.0

Pros

  • Company has delivered good profit growth of 35.5% CAGR over last 5 years

Cons

  • Stock is trading at 7.29 times its book value

* 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

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
92 93 113 122 141 144 131 147 152 186 142 164 162
70 70 91 95 111 118 108 119 122 146 117 145 138
Operating Profit 22 23 22 27 30 26 23 28 31 41 25 19 24
OPM % 24% 25% 20% 22% 21% 18% 17% 19% 20% 22% 18% 11% 15%
0 0 1 0 1 0 1 1 3 -0 1 -30 3
Interest 2 1 3 3 0 1 0 0 1 1 1 1 3
Depreciation 1 1 2 2 2 3 3 3 3 3 3 3 4
Profit before tax 19 21 18 23 29 22 20 26 30 37 23 -16 20
Tax % 25% 25% 24% 22% 32% 4% 27% 26% 25% 26% 25% -31% 23%
14 15 14 17 19 21 15 19 22 27 17 -21 16
EPS in Rs 13.77 4.89 4.36 4.79 5.34 5.84 4.08 5.23 6.11 7.45 4.63 -5.68 4.26
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Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
160 188 236 240 341 520 617 654
137 158 193 198 259 415 493 546
Operating Profit 23 31 43 42 81 105 124 108
OPM % 14% 16% 18% 18% 24% 20% 20% 17%
0 3 1 2 0 3 3 -27
Interest 3 3 5 6 6 6 2 4
Depreciation 1 2 3 4 4 10 12 14
Profit before tax 19 28 37 35 72 91 112 63
Tax % 35% 35% 33% 21% 25% 21% 26%
12 18 25 27 54 72 83 39
EPS in Rs 80.33 122.87 23.46 26.16 17.14 19.75 22.87 10.66
Dividend Payout % 0% 0% 0% 0% 0% 15% 13%
Compounded Sales Growth
10 Years: %
5 Years: 27%
3 Years: 37%
TTM: 14%
Compounded Profit Growth
10 Years: %
5 Years: 35%
3 Years: 44%
TTM: -15%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: 14%
Return on Equity
10 Years: %
5 Years: 22%
3 Years: 20%
Last Year: 15%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 2 2 10 10 32 36 36 37
Reserves 38 56 71 97 132 482 550 589
26 41 54 59 137 1 3 99
43 56 77 61 110 136 169 221
Total Liabilities 109 155 212 228 410 655 759 946
14 15 58 62 161 178 222 232
CWIP 11 30 2 12 0 3 30 92
Investments 15 21 28 28 33 33 33 70
68 89 124 126 216 440 474 551
Total Assets 109 155 212 228 410 655 759 946

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
29 10 22 27 27 -10 56
-19 -27 -25 -24 -101 -122 -20
-7 14 3 0 72 140 -14
Net Cash Flow 2 -2 -0 3 -2 8 21

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 83 97 113 80 127 113 136
Inventory Days 76 89 95 148 123 150 131
Days Payable 148 154 168 146 172 158 157
Cash Conversion Cycle 11 31 40 83 78 105 111
Working Capital Days 46 59 63 80 117 139 148
ROCE % 38% 35% 27% 33% 24% 21%

Shareholding Pattern

Numbers in percentages

1 Recently
Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
41.05% 41.05% 41.05% 41.05% 39.41% 39.41% 39.41% 39.41% 38.93% 39.91% 39.91%
2.51% 1.34% 2.23% 1.84% 5.76% 6.41% 6.36% 6.73% 7.15% 11.66% 8.98%
6.30% 3.81% 5.63% 4.20% 3.61% 3.73% 3.63% 5.12% 5.95% 7.58% 6.80%
50.14% 53.80% 51.08% 52.91% 51.22% 50.47% 50.62% 48.74% 47.97% 40.85% 44.31%
No. of Shareholders 92,45997,54793,92287,04485,56380,53178,78670,35272,89783,34495,784

* 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.

Click on the line-items to see the names of individual entities.

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