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Amines & Plasticizers Ltd.

Amines & Plasticizers Ltd.

AMNPLST.NS
Amines & Plasticizers Ltd.IN flagNational Stock Exchange of India
189.19
INR
-4.12
- -
10.41BMarket Cap
Amines & Plasticizers Ltd.
AMNPLST.NS
(National Stock Exchange of India)

Recent

price

189.19

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
FRC
34.36
34.35
34.97
44.33
54.86
47.3
53.21
58.91
82.08
71.95
79.77
102.36
108.56
117.61
120.05
103.79
103.79
Revenue per Share
0.31
0.52
0.23
0.6
1.14
1.64
2.69
2.68
2.99
4.47
5.92
4.34
4.16
7.24
7.45
6.64
6.64
Basic EPS, GAAP
-0.44
-1.22
0.39
2.25
0.53
2.16
0.65
2.49
-1.53
0.73
5.93
-6.34
0.43
7.84
4.66
11.91
- -
Free Cash Flow per Basic Share
- -
- -
0.06
0.06
0.12
0.35
0.01
0.36
0.36
0.72
- -
0.4
0.4
0.5
0.5
0.5
- -
Dividend per Share
3.57
4.04
4.21
4.69
5.66
7.22
9.84
12.13
14.62
19.48
25.34
29.22
32.91
39.63
47.1
2
2
Book Value per Share
3.27
3.54
3.61
3.96
4.77
6.09
8.5
10.5
12.68
19.64
25.58
29.49
33.19
40
46.99
53.07
53.07
Tangible Book Value per Share
55
55
55
55
55
55
55
55
55
55
55
55
55
55
55
55
55
Basic Weighted Avg Shares
1,891
1,890
1,924
2,439
3,018
2,603
2,928
3,241
4,516
3,959
4,389
5,632
5,973
6,470
6,607
5,710
5,710
Sales/Revenue/Turnover
4.57
5.95
6
6.17
6.81
8.09
8.9
7.98
6.9
9.78
11.09
6.35
6.3
9.89
9.61
9.48
9.48
Operating Margin (%)
7
12
18
21
21
22
23
26
27
30
41
44
48
51
55
57
57
Depreciation Expense
17
29
13
33
63
90
148
148
164
246
326
239
229
398
410
365
365
Net Income, GAAP
33.75
30.65
48.91
39.53
37.86
33.65
29.9
35.78
36.27
19.01
25.83
25.84
24.49
25.7
25.31
26
26
Effective Tax Rate (%)
0.92
1.53
0.65
1.36
2.08
3.48
5.06
4.55
3.64
6.21
7.43
4.24
3.83
6.16
6.21
6.4
6.4
Profit Margin (%)
-6
-16
-44
-42
126
185
278
364
438
604
870
1,049
1,254
1,644
1,946
2,321
2,321
Working Capital
51
80
75
109
227
214
211
231
323
289
275
255
227
220
113
116
116
LT Debt
223
247
256
283
336
412
558
685
824
1,081
1,408
1,623
1,826
2,201
2,587
2,923
2,923
Total Equity
10.55
12.45
8.07
11.63
14.57
14.1
16.76
13.91
13.9
19.02
18.88
11.77
11.28
16.51
14.7
12.12
12.12
Return on Invested Capital (%)
3.33
4.96
1.77
9.28
11.75
14.78
18.09
16.46
15.33
19.82
21.01
13.63
12.23
17.42
15.12
21.66
64.18
Return on Capital (%)
9.07
13.77
5.55
13.52
22.03
25.53
31.53
24.41
22.33
26.22
26.43
15.9
13.38
19.96
17.18
27.04
331.98
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
ST Debt
187
- -
157
LT Borrowings
118
- -
116
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
55
- -
55
Market Capitalization
11,787
10,179
7,088

Working Capital

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
Total Current Assets
3,081
- -
3,415
Cash, Cash Equivalents & STI
323
- -
536
Accounts Receivable, Net
1,173
- -
1,392
Inventories
892
- -
830
Total Current Liabilities
1,004
- -
1,094
Payables & Accruals
- -
- -
- -
ST Debt
187
- -
157
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
21.88%
15.77%
12.99%
Free Cash Flow
216.04%
309.13%
155.5%
Net Income, GAAP
19.21%
7.05%
-10.9%
Sales/Revenue/Turnover
9.23%
6.25%
-13.58%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,370
1,574
1,753
1,773
6,470
2025
1,375
1,666
1,908
1,658
6,607
2026
1,403
1,331
1,425
1,551
5,710

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1.44
1.65
1.79
- -
7.24
2025
1.57
1.78
1.77
2.33
7.45
2026
1.35
1.12
1.38
2.79
6.64

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.5
2025
- -
- -
- -
- -
0.5
2026
- -
- -
- -
- -
0.5
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Business
Amines & Plasticizers Limited is an Indian specialty chemicals company engaged in the manufacturing and sale of organic chemicals, primarily ethanolamines, alkyl alkanolamines, morpholine derivatives, gas treating solvents, and plasticizers. Its product portfolio includes ethanolamines such as methyl monoethanolamine and methyl diethanolamine (MDEA); alkyl alkanol amines; morpholine and substituted morpholines including N-methylmorpholine N-oxide (NMMO 50%); specialty ethylene oxide (EO) and propylene oxide (PO) derivatives and surfactants; and plasticizers like phthalates, sebacates, trimellitates, and acetates. These products serve diverse industrial applications including petrochemicals, oil refining, gas plants, textiles, paints, coatings, printing inks, polyurethanes, metalworking fluids, corrosion inhibitors, agrochemicals, and photographic chemicals. Founded in 1973 and headquartered in Mumbai with manufacturing facilities in Navi Mumbai, Amines & Plasticizers Limited operates domestically and internationally, exporting to over 35 countries including the USA, Canada, Germany, and South Korea. The company maintains a wholly owned subsidiary in the UAE for general trading to support its global presence. It has a market leadership position in the Indian ethanolamines and alkyl alkanolamines segments, supplying approximately 75-80% of domestic demand. Recent major developments include the acquisition of a 26% equity stake in Radiance MH Sunrise Six Pvt Ltd in 2024, marking a strategic expansion. The company has intensified research and development efforts, entering a partnership with a leading Japanese multinational corporation to manufacture new carbon capture solvents, enabling it to move up the value chain. It is expanding offerings in epoxylates and propoxylates. Operationally, Amines & Plasticizers has undertaken minor debottlenecking projects to improve plant efficiencies and invested in its own fleet of ethylene oxide tanks to secure raw material logistics. The company continues to focus on sustainability, completing a comprehensive carbon footprint assessment and committing to environmental impact reduction. Amines & Plasticizers Limited employs around 260 people and is ISO-certified for quality, environmental, and occupational health and safety standards. It operates in the commodity chemicals sub-sector within materials, targeting industries such as pharmaceuticals, agrochemicals, oil and gas, textiles, and coatings. The company reported a revenue of approximately Rs. 660 crore and a profit after tax of Rs. 41 crore for FY25, reflecting stable operational performance despite global market uncertainties. This combination of broad product offerings, international reach, recent strategic investments, innovation in green chemistry, and operational enhancements position Amines & Plasticizers Limited as a prominent player in specialty chemicals in India and globally.