Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
post
Last Updated on: 23 April, 2024|Author: Getaka | Social: X Twitter Profile
Stock Ticker - BSE: 506248 | NSE: AMNPLST

Fundamental Analysis of Amines & Plasticizers Ltd

Basic Stock Data

Last Updated: April 23, 2024, 11:27 am

Market Cap 1,173 Cr.
Current Price 213
High / Low235/70.0
Stock P/E33.1
Book Value 35.8
Dividend Yield0.24 %
ROCE16.1 %
ROE13.3 %
Face Value 2.00

Data Source: screener.in

Competitors of Amines & Plasticizers Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Industry Average0 Cr0000%0%0%0

Quarterly Result

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Sales111.40142.88134.59133.17142.66152.76138.40131.39160.63166.88137.00157.40175.27
Expenses98.63129.75122.48122.26135.27143.00127.55122.86151.42153.01122.86141.48158.25
Operating Profit12.7713.1312.1110.917.399.7610.858.539.2113.8714.1415.9217.02
OPM %11.46%9.19%9.00%8.19%5.18%6.39%7.84%6.49%5.73%8.31%10.32%10.11%9.71%
Other Income1.321.291.291.561.261.090.560.170.901.040.491.100.98
Interest2.311.941.932.162.362.352.592.552.452.512.923.523.33
Depreciation1.070.951.051.041.201.101.211.211.211.211.221.271.28
Profit before tax10.7111.5310.429.275.097.407.614.946.4511.1910.4912.2313.39
Tax %27.08%26.11%25.24%25.57%29.08%24.73%25.36%26.72%23.72%23.59%24.59%25.59%26.21%
Net Profit7.828.527.796.903.605.565.693.614.928.557.929.099.88
EPS in Rs1.421.551.421.250.651.011.030.660.891.551.441.651.80

Last Updated: April 10, 2024, 6:00 am

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: April 6, 2024, 1:40 pm

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales189192244302262295326455399442563597637
Expenses177179227279239267298421357389523555576
Operating Profit12131723232828344253404261
OPM %7%7%7%8%9%10%9%7%10%12%7%7%10%
Other Income100-0014315534
Interest891010867891091012
Depreciation1222223334455
Profit before tax42510142123263044323047
Tax %31%49%39%38%34%30%36%36%19%26%26%24%
Net Profit313691515162533242335
EPS in Rs0.520.230.601.141.642.692.682.994.475.924.344.166.44
Dividend Payout %10%22%17%9%24%11%11%10%7%0%9%12%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2012-20132013-20142014-20152015-20162016-20172017-20182018-20192019-20202020-20212021-20222022-2023
YoY Net Profit Growth (%)-66.67%200.00%100.00%50.00%66.67%0.00%6.67%56.25%32.00%-27.27%-4.17%
Change in YoY Net Profit Growth (%)0.00%266.67%-100.00%-50.00%16.67%-66.67%6.67%49.58%-24.25%-59.27%23.11%

Growth

Compounded Sales Growth
10 Years:12%
5 Years:13%
3 Years:14%
TTM:9%
Compounded Profit Growth
10 Years:34%
5 Years:9%
3 Years:-5%
TTM:79%
Stock Price CAGR
10 Years:48%
5 Years:41%
3 Years:32%
1 Year:107%
Return on Equity
10 Years:21%
5 Years:20%
3 Years:18%
Last Year:13%

Last Updated: April 16, 2024, 6:07 pm

Balance Sheet

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital6666111111111111111111
Reserves192022283044577197130151172186
Borrowings48565462595954795874728583
Other Liabilities49526243404768916591767776
Total Liabilities122133144138140161190252232305310344355
Fixed Assets28303536353640437573848081
CWIP66788101123311353
Investments1110000000011
Other Assets87951019597115139186154221223258270
Total Assets122133144138140161190252232305310344355

Reserves and Borrowings Chart

Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity 17207141022103144-275
Cash from Investing Activity -7-4-7-3-1-5-4-16-17-6-4-2
Cash from Financing Activity 6-2-12-3-13-5-1412-226-130
Net Cash Flow0-010-1046-844-433

Free Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Free Cash Flow-36.00-43.00-37.00-39.00-36.00-31.00-26.00-45.00-16.00-21.00-32.00-43.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days676762495455496263736674
Inventory Days879778626476986584738166
Days Payable1161101005761729283761005654
Cash Conversion Cycle385539545760554371479186
Working Capital Days6471495772776759757095109
ROCE %18%15%19%23%22%26%25%24%26%28%18%16%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthMar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Promoters73.17%73.17%73.17%73.17%73.17%73.17%73.17%73.17%73.17%73.17%73.17%73.17%
Public26.83%26.83%26.83%26.83%26.83%26.83%26.84%26.84%26.82%26.83%26.82%26.83%
No. of Shareholders8,3279,83610,68510,45810,96110,99710,54310,28110,2009,8568,8458,370

Shareholding Pattern Chart

No. of Shareholders

This stock is not held by any mutual fund

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 23Mar 22Mar 21Mar 20Mar 19
FaceValue2.002.002.002.002.00
Basic EPS (Rs.)4.164.345.924.472.99
Diluted EPS (Rs.)4.164.345.924.472.99
Cash EPS (Rs.)5.045.136.675.013.48
Book Value[Excl.RevalReserv]/Share (Rs.)33.2029.4925.5819.6514.97
Book Value[Incl.RevalReserv]/Share (Rs.)33.2029.4925.5819.6514.97
Revenue From Operations / Share (Rs.)108.56102.3680.3272.5582.71
PBDIT / Share (Rs.)8.228.2510.488.316.63
PBIT / Share (Rs.)7.347.459.737.776.14
PBT / Share (Rs.)5.505.857.995.524.69
Net Profit / Share (Rs.)4.164.345.924.472.99
NP After MI And SOA / Share (Rs.)4.164.345.924.472.99
PBDIT Margin (%)7.578.0513.0411.458.01
PBIT Margin (%)6.767.2712.1110.717.42
PBT Margin (%)5.075.719.947.615.66
Net Profit Margin (%)3.824.237.376.163.61
NP After MI And SOA Margin (%)3.824.237.376.163.61
Return on Networth / Equity (%)12.5214.7023.1522.7520.05
Return on Capital Employeed (%)18.9321.0030.6429.9027.69
Return On Assets (%)6.647.6910.6810.626.52
Long Term Debt / Equity (X)0.120.150.190.260.39
Total Debt / Equity (X)0.460.440.500.500.92
Asset Turnover Ratio (%)1.831.831.651.652.10
Current Ratio (X)1.961.911.671.681.34
Quick Ratio (X)1.381.161.251.010.90
Inventory Turnover Ratio (X)4.905.924.814.605.69
Dividend Payout Ratio (NP) (%)9.620.000.0013.4110.04
Dividend Payout Ratio (CP) (%)7.940.000.0011.978.63
Earning Retention Ratio (%)90.380.000.0086.5989.96
Cash Earning Retention Ratio (%)92.060.000.0088.0391.37
Interest Coverage Ratio (X)4.475.156.004.884.56
Interest Coverage Ratio (Post Tax) (X)3.263.714.393.953.05
Enterprise Value (Cr.)460.41667.54442.76160.90245.67
EV / Net Operating Revenue (X)0.771.191.000.400.53
EV / EBITDA (X)10.1814.717.683.526.74
MarketCap / Net Operating Revenue (X)0.641.070.950.270.40
Retention Ratios (%)90.370.000.0086.5889.95
Price / BV (X)2.113.702.991.022.23
Price / Net Operating Revenue (X)0.641.070.950.270.40
EarningsYield0.050.030.070.220.08

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value: 157.98

The stock is overvalued by 25.83% compared to the current price ₹213

Calculation basis:

  • Fair value = (P/E Ratio * (Return on Equity / 100) * Book Value) * (1 + Dividend Yield / 100)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

*Investments are subject to market risks

Strength and Weakness

StrengthWeakness
  1. The stock has a high average ROCE of 21.67%, which is a positive sign.
  2. The company has higher reserves (79.00 cr) compared to borrowings (64.85 cr), indicating strong financial stability.
  3. The company has shown consistent growth in sales (377.15 cr) and profit (22.15 cr) over the years.
  1. The stock has a high average Working Capital Days of 72.08, which may not be favorable.
  2. The stock has a high average Cash Conversion Cycle of 58.00, which may not be favorable.

Stock Analysis

  • Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Amines & Plasticizers Ltd:
    1. Net Profit Margin: 3.82%
      • Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
    2. ROCE: 18.93% (Industry Average ROCE: 0%)
      • ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
    3. ROE%: 12.52% (Industry Average ROE: 0%)
      • ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
    4. Interest Coverage Ratio (Post Tax): 3.26
      • Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
    5. Quick Ratio: 1.38
      • Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
    6. Stock P/E: 33.1 (Industry average Stock P/E: 0)
      • Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
    7. ✓ Total Debt / Equity: 0.46
      • Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
    The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
    Stock Rating: ★★★★☆

About the Company

Amines & Plasticizers Ltd. is a Public Limited Listed company incorporated on 05/09/1973 and has its registered office in the State of Assam, India. Company’s Corporate Identification Number(CIN) is L24229AS1973PLC001446 and registration number is 001446. Currently Company is involved in the business activities of Manufacture of basic chemicals, fertilizer and nitrogen compounds, plastics and synthetic rubber in primary forms. Company’s Total Operating Revenue is Rs. 562.89 Cr. and Equity Capital is Rs. 11.00 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Chemicals - Speciality - PlasticizersT-11, 3 Floor, Grand Plaza, Guwahati Assam 781008legal@amines.com
http://www.amines.com
Management
NamePosition Held
Mr. Hemant Kumar RuiaChairman & Managing Director
Mr. Yashvardhan RuiaExecutive Director
Dr. P H VaidyaDirector
Mr. A S NagarDirector
Mr. B M JindelDirector
Ms. Nimisha DutiaDirector

Amines & Plasticizers Ltd. Share Price Update

Share PriceValue
Today₹211.50
Previous Day₹188.85

FAQ

What is the latest fair value of Amines & Plasticizers Ltd?

The latest fair value of Amines & Plasticizers Ltd is ₹157.98.

What is the Market Cap of Amines & Plasticizers Ltd?

The Market Cap of Amines & Plasticizers Ltd is 1,173 Cr..

What is the current Stock Price of Amines & Plasticizers Ltd as on 23 April 2024?

The current stock price of Amines & Plasticizers Ltd as on 23 April 2024 is 213.

What is the High / Low of Amines & Plasticizers Ltd stocks in FY 2024?

In FY 2024, the High / Low of Amines & Plasticizers Ltd stocks is ₹235/70.0.

What is the Stock P/E of Amines & Plasticizers Ltd?

The Stock P/E of Amines & Plasticizers Ltd is 33.1.

What is the Book Value of Amines & Plasticizers Ltd?

The Book Value of Amines & Plasticizers Ltd is 35.8.

What is the Dividend Yield of Amines & Plasticizers Ltd?

The Dividend Yield of Amines & Plasticizers Ltd is 0.24 %.

What is the ROCE of Amines & Plasticizers Ltd?

The ROCE of Amines & Plasticizers Ltd is 16.1 %.

What is the ROE of Amines & Plasticizers Ltd?

The ROE of Amines & Plasticizers Ltd is 13.3 %.

What is the Face Value of Amines & Plasticizers Ltd?

The Face Value of Amines & Plasticizers Ltd is 2.00.

About the Author

Author Avatar
Getaka

Getaka, CFA, a financial analyst with 15 years of experience in the industry. Getaka holds an MBA degree and the Chartered Financial Analyst designation, demonstrating his profound understanding of financial analysis and investment management. Throughout his career, he has conducted numerous financial analyses and due diligence processes for companies in the industry, and has a strong track record of identifying key trends and opportunities. He leverages his expertise to deliver a thorough financial analysis of a company, encompassing its financial performance, key ratios, future prospects, and risks. Getaka is committed to providing accurate, reliable, and trustworthy information to help readers make informed decisions about their finances and investments.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in Amines & Plasticizers Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE