Alkyl Amines Chemicals Ltd

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NSEBSE

2153.50-2.10 (-0.10%)

03:47 PM,28th Feb 2024

2151.00-4.00 (-0.19%)

04:01 PM,28th Feb 2024

BSE : 506767

NSE : ALKYLAMINE

Sector : Industrials

ISIN Code : INE150B01039

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Last Updated: Feb 28 2024 | 04:01 PM IST

Market Cap (₹ Cr)

11004

Turnover (₹ Cr)

0.50

Volume (Shares)

23153

Face Value

2

52-WK High

2797.70

52-WK High Date

19 Jun 2023

52-WK Low

2120.00

52-WK Low Date

21 Nov 2023

All Time High

4749.00

All Time High Date

27 Jul 2021

All Time Low

0.84

All Time Low Date

05 Oct 2001

Alkyl Amines Chemicals Ltd

Alkyl Amines Chemicals (AACL) is a global manufacturer and supplier of amines amine derivatives and other specialty chemicals. The Company has 3 manufacturing sites 2 in Maharashtra i.e. at Patalganga and at Kurkumbh and 1in Gujarat i.e. at Dahej. It has a R&D Centre at Pune Maharashtra equipped with advanced equipment and analytical instruments. It also has a Solar Plant at Bhoom Maharashtra. Its products have application in industries like pharmaceuticals agrochemicals water treatment chemicals foundry chemicals rubber chemicals etc. The Company was incorporated on October 17th 1979 and is presently engaged in manufacturing and selling of specialty chemicals. Some of the new products developed by the company are diethyl hydroxylamine (DEHA) dimethyl cyclohexylamine (DMCHA) speciality intermediates insect repellents such as diethyl toluamide (DETA) besides dimethyl amino propylamine (DMAPA) various hydrochlorides and speciality corrosion inhibitors.The plant for these was set up in technical collaboration with Leonard Process Co Inc US in 1962. The Company started commercialproduction in 1982. A second plant was set up in 1991 to manufacture ethyl and methyl amines in technical collaboration with Acid Amine Technologies Inc US. AACL's products find applications in agro chemicals pesticides rubber chemicals water treatment chemicals and other speciality chemicals. In 1996-97 the paid up equity capital is enhanced from Rs 2.66 Cr to 3.66 Cr due to equity warrants were converted into equity shares of Rs 10 at a premium of Rs 30 per share. The installed capacity of Aliphatic Amines & Derivatives has expanded from 11000 to 13300 mtpa.The company had set up a 10000 mtpa of Ethylamines plant at Kurkumbh and was commissioned on March 2000. It has also set up a Hydrogen plant at Kurkumbh and which was commissioned on November 1999.In 2000-2001 the company has started commissioning Ethylamines plant at Kurkumbh and because of that the production has increased substantially with reduction in costs due to economies of scale.The commercial production of betaines for Goldschmidt Alkyl Speciality Chemicals Private Limited have commenced. During 2001-02 the company had acquired 32% of shareholding of Diamines and Chemicals LtdBaroda which is a BIFR company under revival. Alkyl Finance & Trading Ltd was amalgamated with DACL.Alkyl Technology Ventures Limited had become a defunct company and therefore had applied to the Registrar of Companies Maharashtra for striking its name off the register framed by the Department of Company Affairs Government of India in 2004. In 2009 Company had registered a wholly owned subsidiary company in the name of Alkyl Amines (Europe) SPRL in Belgium with an initial share capital of Euro 12400 of expanding and consolidating the company's export business in Europe.During the year 2012-13 Company commissioned a new Boiler at Kurkumbh at a cost of around Rs. 6 crores. It commissioned new plant to produce Acetonitrile a chemical which has applications in pharma and agrochemical sectors. The Company sub-divided equity share of Rs. 10/- each into equity share of Rs. 5/- each with effect from September 9 2014.On March 24 2018 Company commenced Methylamines Plant at Dahej which was delayed due to unexpected heavy rains. Application for merger of a subsidiary company Alkyl Speciality Chemicals Limited was approved by National Company Law Tribunal and was merged with Company with effect from April 1 2016. On November 18 2019 the Company disposed of equity shares representing 30.44% stake held in its associate Diamines and Chemicals Limited and ceased to be an Associate Company of Company.During the year 2020-21 Company enhanced production capacity of Methylamines at Dahej and capacities of DMAHCL powder plantand Hydrogenation plant at Kurkumbh.During the financial year 2021-22 a New Acetonitrile Plant at Dahej was commissioned. During the financial year 2022-23 a new Solar Plant of 3 MW was commissioned in Western Maharashtra.

Alkyl Amines Chemicals Ltd - Key Fundamentals

PARAMETER VALUES
Market Cap (₹ Cr)

11004

EPS - TTM (₹) [S]

31.12

P/E Ratio (X) [S]

9.21

Face Value (₹) 2
Latest Dividend (%)500.00
Latest Dividend Date 04 Jul 2023
Dividend Yield (%) 0.46
Book Value Share (₹) [S]233.73
P/B Ratio (₹) [S]9.21
[*C] Consolidated [*S] Standalone

Funds Owing this Stock

Scheme Name Amount Invested ( ₹ Cr ) No Of Shares Net Asset (%)
Groww Nifty Total Market Index Fund-Regular (G) 0.02 83 0.02
Groww Nifty Total Market Index Fund-Direct (G) 0.02 83 0.02

Research Reports

Date BrokerActionPrices(Rs)Report
Data Not Found

Stock Strength

Today's Low/High

2133.00

2174.20

Week Low/High

2133.00

2233.00

Month Low/High

2133.00

2399.00

Year Low/High

2120.00

2798.00

All time Low/High

1.30

4749.00

Share Price Returns

Period BSENSE SENSEXNIFTY
1 Week-2.58%-2.68%-0.44-0.47%
1 Month-4.56%-4.47%2.272.80%
3 Month0.85%0.84%9.2610.36%
6 Month-7.15%-7.12%11.2413.70%
1 Year-12.79%-13.92%22.6326.86%
3 Year6.42%6.58%47.2651.08%

Company Info

Company Information

Chairman & Managing Director : Yogesh M Kothari

Executive Director : Suneet Y Kothari

Independent Director : Shyam B Ghia

Independent Director : Shobhan M Thakore

Independent Director : Dilip G Piramal

Director : Premal N Kapadia

Independent Director : Leja Hattiangadi

Company Sec. & Compli. Officer : Chintamani Thatte

Independent Director : Chandrashekhar R Gupte

Whole Time Director (Operatio : Rakesh Goyal

Additional Director : Ravi Brijmohan Kapoor

Additional Director : Ashwin Ramanathan

Registered Office: 401-407 Nirman Vyapar Kendra, Plot No 10 Sector 17 DBC Vashi,Navi Mumbai,Maharashtra-400703 Ph: 91-22-67946618

Email:legal@alkylamines.com

URL:http://www.alkylamines.com