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Archean Chemical Industries Share Price

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NSEBSE

660.00-20.80 (-3.06%)

03:49 PM,18th Apr 2024

661.00-19.70 (-2.89%)

04:01 PM,18th Apr 2024

BSE : 543657

NSE : ACI

Sector : Industrials

ISIN Code : INE128X01021

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Last Updated: Apr 18 2024 | 04:01 PM IST

Market Cap (₹ Cr)

8144

Turnover (₹ Cr)

3.47

Volume (Shares)

525443

Face Value

2

52-WK High

837.70

52-WK High Date

27 Feb 2024

52-WK Low

494.15

52-WK Low Date

03 Aug 2023

All Time High

837.70

All Time High Date

27 Feb 2024

All Time Low

440.20

All Time Low Date

21 Nov 2022

Archean Chemical Industries Ltd

Archean Chemical Industries Limited was originally formed as a Partnership Firm under the name of Archean Chemical Industries at Chennai pursuant to a Partnership Deed dated November 20 2003 which was registered under the Indian Partnership Act 1932 with the Registrar of Firms Chennai. Subsequently the Partnership Firm converted into Private Limited Company under the Companies Act 1956 with the name Archean Chemical Industries Private Limited and a Certificate of Incorporation dated July 14 2009 was issued by the Registrar of Companies at Chennai. Consequent upon conversion into a Public Limited Company on November 15 2021 name of the Company was changed to Archean Chemical Industries Limited.The Company is a leading specialty marine chemical manufacturer in India and focused on producing and exporting bromine industrial salt and sulphate of potash to customers around the world. It produce products from brine reserves in the Rann of Kutch located on the Coast of Gujarat and manufacture products at their facility near Hajipir in Gujarat. Their bromine is used as key initial level materials which have applications in the pharmaceuticals agrochemicals water treatment flame retardant additives oil & gas and energy storage batteries. Industrial salt is an important raw material used in chemical industry for production of sodium carbonate (soda ash) caustic soda hydrochloric acid chlorine bleaching powders chlorate sodium sulphate (salt cake) and sodium metal. Sulphate of potash is used as a fertilizer and also has medical uses.Apart from this the Company has an integrated production facility for bromine industrial salt and sulphate of potash operations located at Hajipir Gujarat. Its manufacturing facility is located to captive Jakhau Jetty and Mundra Port where the Company transport products to their customers internationally. The facility and its surrounding salt fields and brine reservoirs span approximately 240 sq.km.In 2011 the Company made strategic investments of approximately Rs. 225.05 million in Sojitz Corporation.In 2013 it commenced the operations of industrial salt to Japan and South Korea.In 2014 it commenced operations on production of bromine in China.In 2015 it commissioned production of sulphate of potash in Belgium.In 2021 the Company's manufacturing facility had an installed capacity of 28500 MT per annum of bromine 3000000 MT per annum of industrial salt and 130000 MT per annum of sulphate of potash. Their industrial salt washing facility has three washeries each having a capacity of 200 tons/hour which is equipped with its own quality department effluent treatment plant sewage treatment plant andstockyard. The Company came out with a Public Issue during November 2022 by raising Rs. 2420 crores through fresh issue amounting to Rs. 805 crores and Offer for Sale amounting to Rs. 1615 crores.

Archean Chemical Industries Ltd - Key Fundamentals

PARAMETER VALUES
Market Cap (₹ Cr)

8144

EPS - TTM (₹) [S]

32.38

P/E Ratio (X) [S]

5.19

Face Value (₹) 2
Latest Dividend (%)50.00
Latest Dividend Date 14 Feb 2024
Dividend Yield (%) 0.38
Book Value Share (₹) [S]127.23
P/B Ratio (₹) [S]5.19
[*C] Consolidated [*S] Standalone

Funds Owing this Stock

Scheme Name Amount Invested ( ₹ Cr ) No Of Shares Net Asset (%)
SBI Small Cap Fund - Direct (IDCW) 294.36 4400000 1.16
SBI Small Cap Fund (G) 294.36 4400000 1.16
SBI Small Cap Fund (IDCW) 294.36 4400000 1.16
SBI Small Cap Fund - Direct (G) 294.36 4400000 1.16
SBI Multicap Fund - Direct (IDCW) 273.92 4094476 1.84
SBI Multicap Fund (G) 273.92 4094476 1.84
SBI Multicap Fund (IDCW) 273.92 4094476 1.84
SBI Multicap Fund - Direct (G) 273.92 4094476 1.84
DSP Small Cap Fund (IDCW) 153.69 2297376 1.18
DSP Small Cap Fund (G) 153.69 2297376 1.18

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Research Reports

Date BrokerActionPrices(Rs)Report
22-03-2023IIFL Buy 622

Stock Strength

Today's Low/High

654.95

690.20

Week Low/High

611.80

717.00

Month Low/High

596.05

717.00

Year Low/High

494.15

838.00

All time Low/High

440.05

838.00

Share Price Returns

Period BSENSE SENSEXNIFTY
1 Week0.92%0.99%-3.40-3.33%
1 Month7.37%7.42%-0.36-0.27%
3 Month9.89%9.97%1.832.49%
6 Month0.10%-0.07%10.0411.82%
1 Year20.77%21.00%21.3724.55%
3 Year%%48.4550.47%

Company Info

Company Information

Director : P Ravi

Independent Director : C G Sethuram

Independent Director : KANDHERI MUNUSWAMY MOHANDASS

Company Sec. & Compli. Officer : G Arunmozhi

Registered Office: No 2 North Crescent Road, T Nagar,Chennai,Tamil Nadu-600017 Ph: 91-44-61099999

Email:arunmozhi@archeangroup.com

URL:http://www.archeanchemicals.com