Amines & Plasticizers Ltd
Incorporated in 1973, Amines & Plasticizers Ltd manufactures over 60 different varieties of organic chemicals, amines, solvents, and
fertilizers. [1]
- Market Cap ₹ 1,146 Cr.
- Current Price ₹ 208
- High / Low ₹ 350 / 185
- Stock P/E 29.4
- Book Value ₹ 46.3
- Dividend Yield 0.24 %
- ROCE 20.0 %
- ROE 16.9 %
- Face Value ₹ 2.00
Pros
Cons
- The company has delivered a poor sales growth of 10.4% over past five years.
* 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
Commodities Chemicals Chemicals & Petrochemicals Commodity Chemicals
Part of BSE SmallCap BSE Allcap BSE Commodities
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 243 | 300 | 260 | 295 | 326 | 455 | 399 | 442 | 563 | 593 | 645 | 656 | 659 | |
| 225 | 278 | 237 | 267 | 298 | 421 | 357 | 389 | 523 | 551 | 576 | 587 | 592 | |
| Operating Profit | 17 | 22 | 23 | 28 | 28 | 34 | 42 | 53 | 40 | 42 | 69 | 68 | 67 |
| OPM % | 7% | 7% | 9% | 10% | 9% | 7% | 10% | 12% | 7% | 7% | 11% | 10% | 10% |
| 1 | 1 | 1 | 2 | 5 | 3 | 1 | 5 | 5 | 1 | 2 | 1 | 0 | |
| Interest | 9 | 10 | 8 | 6 | 7 | 8 | 9 | 10 | 9 | 10 | 13 | 10 | 9 |
| Depreciation | 2 | 2 | 2 | 2 | 3 | 3 | 3 | 4 | 4 | 5 | 5 | 6 | 6 |
| Profit before tax | 7 | 12 | 14 | 22 | 24 | 27 | 31 | 44 | 32 | 28 | 53 | 54 | 53 |
| Tax % | 30% | 33% | 32% | 29% | 35% | 35% | 19% | 26% | 26% | 26% | 26% | 26% | |
| 5 | 8 | 10 | 15 | 15 | 17 | 25 | 33 | 24 | 21 | 39 | 40 | 39 | |
| EPS in Rs | 0.92 | 1.40 | 1.78 | 2.81 | 2.81 | 3.14 | 4.50 | 5.95 | 4.32 | 3.79 | 7.14 | 7.25 | 7.09 |
| Dividend Payout % | 11% | 7% | 11% | 11% | 11% | 10% | 7% | 7% | 9% | 13% | 7% | 7% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 8% |
| 5 Years: | 10% |
| 3 Years: | 5% |
| TTM: | 2% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 18% |
| 5 Years: | 8% |
| 3 Years: | 19% |
| TTM: | -3% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 27% |
| 5 Years: | 31% |
| 3 Years: | 29% |
| 1 Year: | -28% |
| Return on Equity | |
|---|---|
| 10 Years: | 20% |
| 5 Years: | 18% |
| 3 Years: | 16% |
| Last Year: | 17% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 6 | 6 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 |
| Reserves | 27 | 34 | 37 | 49 | 62 | 77 | 97 | 130 | 152 | 170 | 207 | 244 |
| 48 | 56 | 53 | 52 | 45 | 67 | 58 | 74 | 72 | 85 | 85 | 77 | |
| 61 | 41 | 39 | 46 | 67 | 88 | 65 | 91 | 75 | 74 | 83 | 68 | |
| Total Liabilities | 141 | 137 | 140 | 157 | 185 | 244 | 232 | 306 | 310 | 340 | 386 | 400 |
| 29 | 30 | 29 | 36 | 40 | 43 | 75 | 73 | 84 | 80 | 80 | 80 | |
| CWIP | 1 | 0 | 0 | 1 | 1 | 11 | 3 | 11 | 3 | 5 | 3 | 0 |
| Investments | 2 | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 |
| 110 | 105 | 109 | 120 | 144 | 189 | 154 | 221 | 223 | 254 | 302 | 317 | |
| Total Assets | 141 | 137 | 140 | 157 | 185 | 244 | 232 | 306 | 310 | 340 | 386 | 400 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 17 | 4 | 12 | 11 | 21 | 9 | 37 | 44 | -28 | 3 | 47 | 24 | |
| -6 | -2 | -0 | -3 | -1 | -13 | -23 | -6 | -4 | -2 | -1 | -3 | |
| -10 | -2 | -12 | -8 | -16 | 10 | -23 | 6 | -13 | 1 | -15 | -20 | |
| Net Cash Flow | 1 | 0 | -0 | 0 | 4 | 5 | -8 | 44 | -44 | 1 | 30 | 1 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 62 | 48 | 54 | 55 | 49 | 62 | 63 | 73 | 66 | 75 | 56 | 69 |
| Inventory Days | 77 | 61 | 63 | 76 | 98 | 65 | 84 | 73 | 81 | 66 | 76 | 72 |
| Days Payable | 100 | 56 | 61 | 72 | 92 | 83 | 76 | 100 | 56 | 52 | 57 | 45 |
| Cash Conversion Cycle | 39 | 54 | 57 | 60 | 55 | 43 | 71 | 47 | 91 | 90 | 75 | 96 |
| Working Capital Days | 4 | 26 | 33 | 32 | 35 | 27 | 51 | 32 | 65 | 72 | 71 | 85 |
| ROCE % | 21% | 24% | 22% | 27% | 27% | 25% | 26% | 28% | 18% | 15% | 23% | 20% |
Documents
Announcements
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Intimation Under Regulation 30 Of SEBI (LODR) Regulations, 2015 - Intimation To Members Regarding Circulation Of Form DPT-1, I.E., Circular Inviting Unsecured Deposits From Members.
3 Nov - Filed circular (Form DPT-1) to invite unsecured deposits of Rs.2,500.00 lakhs (Rs25 crore); valid till Sept 30, 2026.
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Board Meeting Intimation for Inter-Alia, To Consider, Approve And Take On Record The Unaudited (Standalone & Consolidated) Financial Results Of The Company For The Quarter And Half Year Ended September 30, 2025.
3 Nov - Board meeting Nov 13, 2025 to approve results for quarter/half-year ended Sep 30, 2025; trading closed until Nov 15, 2025.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
30 Oct - Newspaper Advertisement regarding Notice to the concerned shareholders about "SPECIAL WINDOW" for re-lodgement of the transfer requests of physical shares and also awareness about 100 …
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Announcement under Regulation 30 (LODR)-Credit Rating
27 Oct - ICRA reaffirmed [ICRA]A (Stable) on Rs100.00Cr; assigned/enhanced A1 for Rs29.75Cr and Rs50.00Cr (27-Oct-2025).
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Intimation Of Change In Email Address Of Registrar And Share Transfer Agent ('RTA') Of Amines & Plasticizers Ltd. ('The Company')
10 Oct - RTA email updated to Investor.helpdesk@in.mpms.mufg.com; service-request link and contact details confirmed.
Annual reports
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Financial Year 2025
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Concalls
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Aug 2025TranscriptNotesPPT
Business Overview:[1]
APL was initially formed to take over India Carbons Ltd.’s project for manufacturing 3,000 tonnes of DOP plasticizers used in PVC applications. Over time, it evolved into a manufacturer and trader of organic and inorganic chemicals, including ethanolamines, morpholine, plasticizers, alkyl morpholine, gas treating solvents (like methyl diethanolamine), and morpholine oxide. Today, APL is a global supplier serving a wide range of industries.