Amines & Plasticizers Ltd - Stock Valuation and Financial Performance

BSE: 506248 | NSE: AMNPLST | Chemicals | Small Cap

Amines & Plastic Share Price

287.45 3.20 1.13%
as on 14-Nov'24 15:31

DeciZen - make an informed investing decision on Amines & Plastic

Overall Rating
Bole Toh

1. Quality

2. Valuation

Overvalued

3. Price Trend

Amines & Plasticizers stock performance -

mw4me loader
P/E Ratio (SA):
37.62
Market Cap:
1,508.9 Cr.
52-wk low:
146
52-wk high:
359

Is Amines & Plasticizers Ltd an attractive stock to invest in?

1. Is Amines & Plasticizers Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Amines & Plasticizers Ltd is a good quality company.

2. Is Amines & Plasticizers Ltd undervalued or overvalued?

The key valuation ratios of Amines & Plasticizers Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

3. Is Amines & Plasticizers Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Amines & Plasticizers Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Amines & Plastic:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Amines & Plasticizers Ltd has performed well in majority of the past ten years indicating its past ten year financial track record is very good

Value Creation

Value Creation Index Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
ROCE % 24.6%22.6%26.8%27%25.4%24.8%28.1%18.2%15.3%23.2%-
Value Creation
Index
0.80.60.90.90.80.81.00.30.10.7-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 300260295326455399442563593645646
Sales YoY Gr.--13.3%13.5%10.7%39.4%-12.3%10.7%27.4%5.4%8.8%-
Adj EPS 1.41.82.82.83.14.85.94.33.87.17.3
YoY Gr.-27.1%57.9%0%11.7%53.8%23%-27.3%-12.3%88.4%-
BVPS (₹) 6.98.410.813.31619.725.729.632.939.641.1
Adj Net
Profit
7.79.815.515.517.326.632.723.820.939.340
Cash Flow from Ops. 3.712.210.7218.737.243.6-27.92.647.2-
Debt/CF from Ops. 15.34.44.92.17.71.61.7-2.632.81.8-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 8.9%7.2%13.4%8.8%
Adj EPS 19.8%17.9%6.3%88.4%
BVPS21.4%19.9%15.5%20.3%
Share Price 47.5% 52.5% 32.3% 83.3%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
Return on
Equity %
21.522.628.923.321.527.126.215.612.119.718.1
Op. Profit
Mgn %
7.48.79.68.77.510.5127.17.110.710.8
Net Profit
Mgn %
2.63.85.24.73.86.77.44.23.56.16.2
Debt to
Equity
1.51.10.90.60.80.50.50.40.50.4-
Working Cap
Days
11813612713812614913312714414576
Cash Conv.
Cycle
3245404437565162786840

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 18.10%

Sales growth is growing at healthy rate in last 3 years 13.44%

Net Profit has been subdued in last 3 years 6.33%

Sales growth is not so good in last 4 quarters at 9.38%

Latest Financials - Amines & Plasticizers Ltd.

Standalone Consolidated
TTM EPS (₹) 7.3 7.4
TTM Sales (₹ Cr.) 646 648
BVPS (₹.) 41.1 41.6
Reserves (₹ Cr.) 215 218
P/BV 6.67 6.60
PE 37.62 37.20
From the Market
52 Week Low / High (₹) 146.00 / 359.00
All Time Low / High (₹) 0.22 / 359.00
Market Cap (₹ Cr.) 1,509
Equity (₹ Cr.) 11
Face Value (₹) 2
Industry PE 55.7

Management X-Ray of Amines & Plastic:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Amines & Plastic

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Sales300260295326455399442563593645
Operating Expenses 278237267298421357389523551576
Manufacturing Costs30282928394048717671
Material Costs211171186218318257270389416427
Employee Cost 881012121515171921
Other Costs 29304241524655454057
Operating Profit 22232828344253404269
Operating Profit Margin (%) 7.4%8.7%9.6%8.7%7.4%10.5%12.0%7.1%7.1%10.7%
Other Income 1125345512
Interest 10867891091013
Depreciation 2223334455
Exceptional Items 00000-30000
Profit Before Tax 12142224273144322853
Tax 456896118714
Profit After Tax 8101515172533242139
PAT Margin (%) 2.6%3.8%5.2%4.7%3.8%6.2%7.4%4.2%3.5%6.1%
Adjusted EPS (₹)1.41.82.82.83.14.55.94.33.87.1
Dividend Payout Ratio (%)7%11%11%11%10%7%7%9%13%7%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24

Equity and Liabilities

Shareholders Fund 3948607388108141163181218
Share Capital 6111111111111111111
Reserves 343749627797130152170207
Minority Interest0000000000
Debt54515145645571698285
Long Term Debt17151314212927262322
Short Term Debt38363831432643445963
Trade Payables32303755725474605967
Others Liabilities 10121013191520191816
Total Liabilities 137140157185244232306310340386

Fixed Assets

Gross Block50513845518588103104109
Accumulated Depreciation20222581115192429
Net Fixed Assets30293640437573848080
CWIP 001111311353
Investments 1100000011
Inventories35313958575954877589
Trade Receivables40384544776889102122100
Cash Equivalents 3337134484637
Others Assets27373335432230305176
Total Assets 137140157185244232306310340386

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Cash Flow From Operating Activity 412112193744-28347
PBT 12142224273144322853
Adjustment 1187588991416
Changes in Working Capital -17-8-11-0-1861-61-33-9
Tax Paid -2-3-7-7-8-8-11-8-6-13
Cash Flow From Investing Activity -20-3-1-13-23-6-4-2-1
Capex -3-1-5-6-16-27-11-8-2-4
Net Investments 10000000-10
Others 0125345512
Cash Flow From Financing Activity -2-12-8-1610-236-131-15
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 12-2-4078-1-2-3-1
Interest Paid -10-8-6-7-8-9-10-9-10-13
Dividend Paid -1-10-2-2-30-2-2-3
Others -3-22-712-18170161
Net Cash Flow 00045-844-44130
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Ratios
ROE (%)22.2323.2329.2223.3421.4525.1726.1915.6312.1419.7
ROCE (%)24.622.6226.7726.9625.3624.7828.1418.1715.2923.18
Asset Turnover Ratio2.342.022.161.952.121.681.641.831.821.78
PAT to CFO Conversion(x)0.51.20.731.40.531.481.33-1.170.141.21
Working Capital Days
Receivable Days46514748486665626963
Inventory Days41434053465347465047
Payable Days70666577739086635254

Amines & Plasticizers Ltd Stock News

Amines & Plasticizers Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Amines & Plastic on 14-Nov-2024 15:31 is ₹287.4.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 14-Nov-2024 15:31 the market cap of Amines & Plastic stood at ₹1,508.9.
The latest P/E ratio of Amines & Plastic as of 14-Nov-2024 15:31 is 37.62.
The latest P/B ratio of Amines & Plastic as of 14-Nov-2024 15:31 is 6.67.
The 52-week high of Amines & Plastic is ₹359.0 and the 52-week low is ₹146.0.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Amines & Plastic is ₹645.7 ( Cr.) .

About Amines & Plasticizers Ltd

Amines and Plasticizers (APL) was incorporated in 1973 as a public limited company, registered under the Indian Companies Act of 1956 and is the pioneer and largest producer of Ethanolamines, Alkyl Alkanolamines, Plasticizers, Morpholine, Alkyl Morpholines and Gas Treating Solvents in India.

APL was set up in technical collaboration with the erstwhile Napthachemie, France (now a part of British Petroleum) and plant engineering was done by Ralph M. Parsons, USA. APL is an ISO-9001:2000 certified company and is a global supplier of organic chemicals used in Oil Refineries, Natural Gas Plants, Ammonia Plants, Petrochemical Plants, Pharmaceuticals, Agrochemicals etc. meeting customers’ demands to their utmost satisfaction in keeping with APL's Quality Policy. In the field of Ethanolamines and Alkyl Alkanolamines, APL is serving approximately 75-80% of the total demand of the Indian Market and is regularly exporting material to over 35 countries globally including USA, Canada, Germany, Korea, Japan, Australia, New Zealand, the Middle East, etc. It has also pioneered the manufacture of the Methyl Diethanolamine (MDEA), an Ethylene Oxide derivative and is constantly striving to develop new products through its R&D efforts so as to expand its current product range to meet customer requirements. APL has been awarded the highest award by the Government of India for 'Import Substitution and Technical development' for pioneering the manufacture of Methyl Diethanolamine in 1991.

APL has entered into a strategic alliance with the Dow Chemical Company, USA for Technology, products and services provided by its Specialty Amines Group to cater to the total sour gas treatment requirements of Refineries, Ammonia Plants etc. and has offered the technology for the first time in India. APL has a dedicated team of engineers / chemists providing a range of Gas Treating Technologies / Services to Refineries, Natural Gas Plants, Ammonia Plants etc in India and overseas.

APL is committed to total customer satisfaction by delivering quality products and services worldwide and this has helped it to become one of the world’s leading manufacturers of Amines. In the field of Plasticizers, APL manufactures a wide range of products which include Phthalates, Sebacates, Trimellitates, Acetates, Maleates, etc. APL can also custom manufacture a range of Esters / Plasticizers to cater to specific customers’ needs.

APL has also pioneered the manufacture of Morpholine & Alkyl Morpholines in India. It is the world’s third largest producer of N-Methyl Morpholine Oxide, which is the preferred solvent used for the manufacture of Viscose Staple Fibre by the Solvent Spun Process. APL's range of Alkyl Morpholines includes Lauryl, Methyl, Ethyl, Hydroxy Ethyl Morpholines etc. APL is diversified into the manufacture of the Industrial Gases, namely, Oxygen, Nitrogen and Acetylene in the year 1984 at its facilities in Khopoli, 80 Kms. from Mumbai.

APL also offers consultancy services for setting up plants for the manufacture of the Ethanolamines and Plasticizers on a case to case basis and its range of services extend for technology transfer, designing, and procurement of equipment, erection, testing and commissioning of plant and training of plant personnel. APL has also set-up Plasticizer plants in India and in Pakistan and is currently executing a turnkey project for a Viscose Rayon manufacturer for the recovery, regeneration and purification of solvent in the new 'Solvent Spun Process'. At APL, where growth maintaining service and quality are a way of life, it constantly looks forward to expanding the company's operations, both within India and abroad with suitable two way transfer of technology and product. Amines & Plasticizers (APL) also obtained the right from the DOW Chemical Company (Dow) use of the Methyl Diethanolamine (MDEA) based Specialty Amine products supplied in India.

Products:

1. Morpholine 

2. Pharma Intermediates 

3. Ethanolamines / Alkyl Alkanolamines

4. Other Products

Services:

1. Simulation Services

2. Ongoing Technical Support

3. Analytical Laboratory Services

4. Analytical Frequency

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