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Amines & Plasticizers Ltd (AMNPLST)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 506248 NSE: AMNPLST Chemicals | Small Cap | Amines & Plasticizer Share Price

₹158.05 -5.50 (-3.36%)

As on 05-Oct'26 16:01

Amines & Plasticizers Ltd (AMNPLST)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 506248 NSE: AMNPLST Chemicals | Small Cap | Amines & Plasticizer Share Price

₹158.05 -5.50 (-3.36%)

As on 05-Oct'26 16:01

Key Metrics
Valuation Multiples
Market Cap
₹910 Cr.
Current Price
₹158.1
52-Week Low / High
₹132 / 250
TTM EPS
₹7
TTM Sales
₹581 Cr.
Book Value per Share
₹54.8
P/E Ratio
23.60
Lower than its 5-year historical median
Industry PE
46.6
Price to Book (P/B)
3.02
Lower than its 5-year historical median
Price to Sales (P/S)
1.57
Higher than its 5-year historical median
EV/EBITDA
14.13
Lower than its 5-year historical median
Dividend Yield
0.32%
Profitability Efficiency
Return on Equity (ROE)
13.26%
Outperforms industry median
Return on Capital Employed (ROCE)
16.73%
Outperforms industry median
Return on Assets (ROA)
8.71%
Operating Profit Margin
10.5%
Net Profit Margin
6.4%
Gross Profit Margin
9.6%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Slowing versus 3-year growth rate
-12.99%
Operating Profit Growth (1 Year)
Slowing versus 3-year growth rate
-13.4%
Net Profit Growth (1 Year)
Slowing versus 3-year growth rate
-10.9%
Asset Quality
Promoter Holding
73.17%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹291 Cr.
Equity
₹11 Cr.
Face Value
₹2
All Time Low / High
₹0.22 / 359.00

Amines & Plasticizers stock performance

Key Ratios
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Valuation

Fair

Price Trend

Weak
Q.1 Is Amines & Plasticizers Ltd a good quality company?
Amines & Plasticizers Ltd is a good quality company, based on a consistently good multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

How does Amines & Plasticizers Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Amines & Plasticizers Ltd vs industry peers?
Amines & Plasticizers Ltd revenue CAGR is 5.26%, compared to the industry median CAGR of 0%, indicating faster growth and gaining its market share.
Q.1 Promoter shareholding and pledge status of Amines & Plasticizers Ltd?
Promoters hold 73.17% of the Amines & Plasticizers Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Amines & Plasticizers Ltd over the last decade?
Over the last 9 year(s), the stock has delivered a CAGR of 19% based on the current price.

10 Year X-Ray :

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 ⓘ

Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26TTM
ROCE % ⓘ26.8%27%25.4%24.8%28.1%18.2%15.3%23.2%20%16.9%-
Value Creation
Index ⓘ
0.90.90.80.81.00.30.10.70.40.2-

Growth Parameters ⓘ

Sales ⓘ295326455399442563593645656571581
Sales YoY Gr.-10.7%39.4%-12.3%10.7%27.4%5.4%8.8%1.7%-13%-
Adj EPS ⓘ2.82.83.14.85.94.33.87.17.26.67
YoY Gr.-0%11.7%53.8%23%-27.3%-12.3%88.4%1.4%-8.4%-
BVPS (₹) ⓘ10.813.31619.725.729.632.939.646.352.454.1
Adj Net
Profit ⓘ
15.515.517.326.632.723.820.939.339.936.539
Cash Flow from Ops. ⓘ10.7218.737.243.6-27.92.647.224.163.5-
Debt/CF from Ops. ⓘ4.92.17.71.61.7-2.632.81.83.20.4-

CAGR ⓘ

9 Years 5 Years 3 Years 1 Years
Sales ⓘ7.6%5.3%-1.3%-13%
Adj EPS ⓘ10%2.2%20.5%-8.4%
BVPSⓘ19.1%15.3%16.8%13.2%
Share Price 18.6% 5.4% 7.4% -28.8%

Key Financial Parameters ⓘ

Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26TTM
Return on
Equity % ⓘ
28.923.321.527.126.215.612.119.716.913.413.2
Op. Profit
Mgn % ⓘ
9.68.77.510.5127.17.110.710.410.510.6
Net Profit
Mgn % ⓘ
5.24.73.86.77.44.23.56.16.16.46.6
Debt to
Equity ⓘ
0.90.60.80.50.50.40.50.40.30.1-
Working Cap
Days ⓘ
12713812614913312714414515118196
Cash Conv.
Cycle ⓘ
4044375651627868729568

Valuation of Amines & Plasticizer - Consolidated

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

mw4me loader

Analyst's Notes

data not found
No data found!

Management X-Ray

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 (%)

Financials

PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Sales295326455399442563597647661571
Operating Expenses ⓘ + 267298421357389523555578592511
Manufacturing Costs29283940487176717270
Material Costs186218318257270389415426431367
Employee Cost 10121215151719212224
Other Costs ⓘ 42415246554645606850
Operating Profit ⓘ 28283442534042696960
Operating Profit Margin (%) 9.6%8.7%7.4%10.4%11.9%7.1%7.1%10.7%10.4%10.5%
Other Income ⓘ + 1434553311
Exceptional Items ⓘ 000-3000000
Interest ⓘ 67891091013105
Depreciation ⓘ 2333445566
Profit Before Tax ⓘ 21232630443230545549
Tax ⓘ 68961187141413
Profit After Tax 15151625332423404137
PAT Margin (%) 5.0%4.5%3.6%6.2%7.4%4.2%3.8%6.2%6.2%6.4%
Adjusted EPS (₹)2.72.73.04.55.94.34.27.27.56.6
Dividend Payout Ratio (%)11.20%11.20%10.10%6.70%6.80%9.20%12%6.90%6.70%7.50%
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26

Equity and Liabilities

Shareholders Fund + 556882108141162183220259292
Share Capital ⓘ 11111111111111111111
Reserves ⓘ 44577197130151172209248281
Debt +59547655716982857727
Long Term Debt21233229272623221112
Short Term Debt38314326434459636515
Minority Interest0000000000
Trade Payables37557254746061665663
Others Liabilities ⓘ 10132215201918192541
Total Liabilities ⓘ 161190252232305310344389416422

Fixed Assets

Net Fixed Assets ⓘ +36404375738480808076
Gross Block3845518588103104109114115
Accumulated Depreciation25811151924293439
CWIP ⓘ 10112331135300
Investments ⓘ 0000001112
Inventories39585759548775898583
Trade Receivables454477688910212198134139
Cash Equivalents 371344869394653
Others Assets ⓘ 28293922302852796969
Total Assets ⓘ 161190252232305310344389416422
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Cash Flow From Operating Activity ⓘ + 922103144-275472966
PBT ⓘ 21232630443230545549
Adjustment ⓘ 76889914161510
Changes in Working Capital ⓘ -120-17-01-60-34-10-2718
Tax Paid ⓘ -7-7-8-8-11-8-6-13-14-12
Cash Flow From Investing Activity ⓘ + -5-4-16-17-6-4-2-1-3-1
Capex -6-8-8-27-11-8-2-4-3-1
Net Investments 000000-100-0
Others ⓘ 14-710551211
Cash Flow From Financing Activity ⓘ + -5-1412-226-130-16-20-58
Net Proceeds from Shares ⓘ 0000000000
Net Proceeds from Borrowing ⓘ -0298-1-2-3-1-110
Interest Paid ⓘ -6-7-8-9-10-9-10-13-10-5
Dividend Paid ⓘ 0-2-2-30-2-2-3-3-3
Others ⓘ 2-712-181701613-50
Net Cash Flow ⓘ 046-844-4333067
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Ratios
ROE (%)31.1923.9221.9125.8926.215.7513.2619.7817.1313.26
ROCE (%)25.7825.4523.8824.3328.1618.2616.123.320.1916.73
Asset Turnover Ratio2.131.92.061.651.651.831.831.761.641.36
PAT to CFO Conversion(x)0.61.470.631.241.33-1.130.221.180.711.78
Working Capital Days
Receivable Days47.5048.4048.4066.30656268.4061.9064.1087.40
Inventory Days39.805346.1053.1046.8045.5049.5046.4048.2053.80
Payable Days65.2076.507389.608662.7053.3054.6051.8059.10

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Amines & Plasticizers Ltd FAQs

The current trading price of Amines & Plasticizer on 05-Oct-2026 16:01 is ₹158.1.

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 04-Oct-2026 the market cap of Amines & Plasticizer stood at ₹910.2 Cr

The latest P/E ratio of Amines & Plasticizer as of 04-Oct-2026 is 23.63.

The latest P/B ratio of Amines & Plasticizer as of 04-Oct-2026 is 3.06.

The 52-week high of Amines & Plasticizer is ₹249.9 and the 52-week low is ₹132.2.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Amines & Plasticizer is ₹581 ( Cr.) .

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

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

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.

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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