Amines & Plasticizers Ltd

Amines & Plasticizers Ltd

₹ 196 1.55%
27 May - close price
About

Incorporated in 1973, Amines & Plasticizers Ltd manufactures over 60 different varieties of organic chemicals, amines, solvents, and
fertilizers. [1]

Key Points

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.

  • Market Cap 1,078 Cr.
  • Current Price 196
  • High / Low 289 / 127
  • Stock P/E 29.5
  • Book Value 53.1
  • Dividend Yield 0.26 %
  • ROCE 16.7 %
  • ROE 13.3 %
  • Face Value 2.00

Pros

  • Company has reduced debt.
  • Company is almost debt free.

Cons

  • The company has delivered a poor sales growth of 5.26% over past five years.
  • Debtor days have increased from 72.8 to 89.0 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

Consolidated Figures in Rs. Crores / View Standalone

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
167 137 157 175 177 137 167 191 166 140 133 142 155
153 123 141 158 155 123 150 174 145 127 122 130 132
Operating Profit 14 14 16 17 22 15 16 17 21 13 11 13 23
OPM % 8% 10% 10% 10% 12% 11% 10% 9% 13% 9% 8% 9% 15%
1 0 1 1 0 0 0 0 0 0 0 0 0
Interest 3 3 4 3 3 2 2 3 3 2 1 1 2
Depreciation 1 1 1 1 1 1 1 1 1 1 1 1 1
Profit before tax 11 10 12 13 17 12 13 13 17 10 8 11 21
Tax % 24% 25% 26% 26% 26% 25% 25% 26% 25% 26% 25% 28% 25%
9 8 9 10 13 9 10 10 13 7 6 8 15
EPS in Rs 1.55 1.44 1.65 1.80 2.35 1.57 1.78 1.77 2.33 1.35 1.12 1.38 2.79
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Upcoming result date: today

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
302 262 295 326 455 399 442 563 597 647 661 571
279 239 267 298 421 357 389 523 555 578 592 511
Operating Profit 23 23 28 28 34 42 53 40 42 69 69 60
OPM % 8% 9% 10% 9% 7% 10% 12% 7% 7% 11% 10% 10%
-0 0 1 4 3 1 5 5 3 3 1 1
Interest 10 8 6 7 8 9 10 9 10 13 10 5
Depreciation 2 2 2 3 3 3 4 4 5 5 6 6
Profit before tax 10 14 21 23 26 30 44 32 30 54 55 49
Tax % 38% 34% 30% 36% 36% 19% 26% 26% 24% 26% 25% 26%
6 9 15 15 16 25 33 24 23 40 41 37
EPS in Rs 1.14 1.64 2.69 2.68 2.99 4.47 5.92 4.34 4.16 7.24 7.45 6.64
Dividend Payout % 9% 24% 11% 11% 10% 7% 0% 9% 12% 7% 7% 8%
Compounded Sales Growth
10 Years: 8%
5 Years: 5%
3 Years: -1%
TTM: -14%
Compounded Profit Growth
10 Years: 15%
5 Years: 2%
3 Years: 17%
TTM: -11%
Stock Price CAGR
10 Years: 26%
5 Years: 13%
3 Years: 31%
1 Year: -12%
Return on Equity
10 Years: 19%
5 Years: 16%
3 Years: 16%
Last Year: 13%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

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 6 11 11 11 11 11 11 11 11 11 11 11
Reserves 28 30 44 57 71 97 130 151 172 209 248 281
62 59 59 54 79 58 74 72 85 85 77 27
43 40 47 68 91 65 91 76 77 84 81 103
Total Liabilities 138 140 161 190 252 232 305 310 344 389 416 422
36 35 36 40 43 75 73 84 80 80 80 76
CWIP 8 8 10 11 23 3 11 3 5 3 0 0
Investments 0 0 0 0 0 0 0 0 1 1 1 2
95 97 115 139 186 154 221 223 258 305 335 344
Total Assets 138 140 161 190 252 232 305 310 344 389 416 422

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
7 14 10 22 10 31 44 -27 5 47 29
-3 -1 -5 -4 -16 -17 -6 -4 -2 -1 -3
-3 -13 -5 -14 12 -22 6 -13 0 -16 -20
Net Cash Flow 0 -1 0 4 6 -8 44 -43 3 30 6
Free Cash Flow 3 12 4 14 -8 4 33 -35 2 43 26
CFO/OP 38% 74% 58% 102% 52% 92% 103% -46% 25% 86% 62%

Ratios

Consolidated Figures in Rs. Crores / View Standalone

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 49 54 55 49 62 63 73 66 74 55 74 89
Inventory Days 62 64 76 98 65 84 73 81 66 76 72 79
Days Payable 57 61 72 92 83 76 100 56 54 57 48 60
Cash Conversion Cycle 54 57 60 55 43 71 47 91 86 75 99 109
Working Capital Days 11 22 30 32 24 51 32 64 71 70 82 114
ROCE % 23% 22% 26% 25% 24% 26% 28% 18% 16% 23% 20% 17%

Insights

In beta
Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Export Share of Total Revenue
%

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Domestic Market Share in Ethanolamines
% ・Standalone data
Briquette Consumption per MT of production
Kg ・Standalone data
Installed Capacity - Engineering Services (Pressure Equipments)
Ton per month ・Standalone data
Installed Capacity - Industrial Gases (Dissolved Acetylene)
Lakh Cum per year ・Standalone data
Installed Capacity - Speciality Amines
MTPA ・Standalone data
Capacity Utilisation - Engineering Services (Unit 03)
% ・Standalone data
Capacity Utilisation - Industrial Gases (Unit 02)
% ・Standalone data
Capacity Utilisation - Navi Mumbai (Unit 01)
% ・Standalone data
Number of Countries Served
Number
Number of New Products Commercialised (Last 5 Years)
Number ・Standalone data

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
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% 26.82% 26.83% 26.83% 26.82% 26.83% 26.84% 26.83% 26.83% 26.83% 26.84% 26.85%
No. of Shareholders 9,8568,8458,3708,3489,1949,9449,95710,2429,9319,7949,8739,541

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