BSE:506248

Stock Analysis Report

Amines & Plasticizers

Executive Summary

Amines & Plasticizers Limited manufactures and sells specialty chemicals in India.

Snowflake

Fundamentals

Solid track record with adequate balance sheet.


Similar Companies

Share Price & News

How has Amines & Plasticizers's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

1.5%

506248

1.1%

IN Chemicals

2.4%

IN Market


1 Year Return

-8.7%

506248

22.1%

IN Chemicals

8.0%

IN Market

Return vs Industry: 506248 underperformed the Indian Chemicals industry which returned 22.1% over the past year.

Return vs Market: 506248 underperformed the Indian Market which returned 8% over the past year.


Shareholder returns

506248IndustryMarket
7 Day1.5%1.1%2.4%
30 Day-15.4%3.7%2.5%
90 Day4.6%10.4%3.6%
1 Year-7.9%-8.7%25.2%22.1%10.3%8.0%
3 Year4.8%2.9%37.0%31.6%22.3%16.0%
5 Year453.7%433.2%130.3%112.8%42.8%29.3%

Price Volatility Vs. Market

How volatile is Amines & Plasticizers's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Amines & Plasticizers undervalued compared to its fair value and its price relative to the market?

8.87x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 506248 (₹30.5) is trading above our estimate of fair value (₹3.08)

Significantly Below Fair Value: 506248 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 506248 is good value based on its PE Ratio (8.9x) compared to the Chemicals industry average (10.8x).

PE vs Market: 506248 is good value based on its PE Ratio (8.9x) compared to the Indian market (13x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 506248's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 506248 is overvalued based on its PB Ratio (2x) compared to the IN Chemicals industry average (1.1x).


Next Steps

Future Growth

How is Amines & Plasticizers forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

1.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 506248's forecast earnings growth (1.8% per year) is below the savings rate (7.6%).

Earnings vs Market: 506248's earnings (1.8% per year) are forecast to grow slower than the Indian market (18.4% per year).

High Growth Earnings: 506248's earnings are forecast to grow, but not significantly.

Revenue vs Market: Insufficient data to determine if 506248's revenue is forecast to grow faster than the Indian market.

High Growth Revenue: Insufficient data to determine if 506248's revenue is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if 506248's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Amines & Plasticizers performed over the past 5 years?

20.2%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: 506248's earnings have grown significantly by 20.2% per year over the past 5 years.

Accelerating Growth: 506248's earnings growth over the past year (24.6%) exceeds its 5-year average (20.2% per year).

Earnings vs Industry: 506248 earnings growth over the past year (24.6%) exceeded the Chemicals industry 10.4%.


Return on Equity

High ROE: 506248's Return on Equity (23%) is considered high.


Return on Assets

ROA vs Industry: 506248 has a higher Return on Assets than the Chemicals industry average last year.


Return on Capital Employed

ROCE Improving: 506248's Return on Capital Employed has declined over the past 3 years.


Next Steps

Financial Health

How is Amines & Plasticizers's financial position?


Financial Position Analysis

Short Term Liabilities: 506248's short term assets (₹1.7B) exceeds its short term liabilities (₹1.3B)

Long Term Liabilities: 506248's short term assets (1.7B) exceeds its long term liabilities (396.0M)


Debt to Equity History and Analysis

Debt Level: 506248's debt to equity ratio (91.9%) is considered high

Reducing Debt: 506248's debt to equity ratio has reduced from 189.6% to 91.9% over the past 5 years.

Debt Coverage: 506248's debt is not well covered by operating cash flow (12.9%).

Interest Coverage: 506248's interest payments on its debt are well covered by EBIT (3.9x coverage).


Balance Sheet

Inventory Level: 506248 has a high level of physical assets or inventory.

Debt Coverage by Assets: 506248's debt is covered by short term assets (assets are 2.297750x debt).


Next Steps

Dividend

What is Amines & Plasticizers's current dividend yield, its reliability and sustainability?

0.98%

Current Dividend Yield


Dividend Yield vs Market

company1.0%marketbottom25%0.6%markettop25%2.4%industryaverage0.9%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: 506248's dividend (0.98%) is higher than the bottom 25% of dividend payers in the Indian market (0.6%).

High Dividend: 506248's dividend (0.98%) is low compared to the top 25% of dividend payers in the Indian market (2.41%).

Stable Dividend: 506248 has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: 506248's dividend payments have increased, but the company has only paid a dividend for 9 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (8.7%), 506248's dividend payments are thoroughly covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

What is the CEO of Amines & Plasticizers's salary, the management and board of directors tenure and is there insider trading?

14.8yrs

Average board tenure


CEO

Hemant Ruia (61yo)

0yrs

Tenure

₹10,094,914

Compensation

Mr. Hemant Kumar Ruia serves as Managing Director and Chairman of Amines & Plasticizers Ltd. Mr. Ruia has been an Executive Director of Amines & Plasticizers Ltd. since May 30, 1992. He has been associated ...


CEO Compensation Analysis

Compensation vs. Market: Insufficient data to establish whether Hemant's total compensation is reasonable compared to companies of similar size in the Indian market.

Compensation vs Earnings: Hemant's compensation has increased by more than 20% in the past year.


Board Age and Tenure

14.8yrs

Average Tenure

73yo

Average Age

Experienced Board: 506248's board of directors are seasoned and experienced ( 14.8 years average tenure).


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown


Management Team

  • Ajay Puranik

    President of Legal & Company Secretary

    • Tenure: 1.4yrs
    • Compensation: ₹3.44m
  • Hemant Ruia (61yo)

    Chairman & MD

    • Tenure: 0yrs
    • Compensation: ₹10.09m
  • Pramod Sharma

    Chief Financial Officer

    • Tenure: 5.4yrs
    • Compensation: ₹1.95m
  • Yashvardhan Hemant Ruia (31yo)

    Executive Director

    • Tenure: 2.4yrs
    • Compensation: ₹2.26m

Board Members

  • Brijmohan Jindel (74yo)

    Non-Executive Independent Director

    • Tenure: 12.8yrs
    • Compensation: ₹62.50k
  • MK Sinha (84yo)

    Non-Executive Independent Director

    • Tenure: 21.8yrs
    • Compensation: ₹62.50k
  • Pandurang Vaidya (80yo)

    Non-Executive Independent Director

    • Tenure: 21.1yrs
    • Compensation: ₹50.00k
  • Arun Nagar (73yo)

    Non-Executive Independent Director

    • Tenure: 16.8yrs
    • Compensation: ₹47.50k
  • Hemant Ruia (61yo)

    Chairman & MD

    • Tenure: 0yrs
    • Compensation: ₹10.09m
  • Nimisha Dutia (47yo)

    Non-Executive Director

    • Tenure: 5.2yrs
    • Compensation: ₹20.00k
  • Yashvardhan Hemant Ruia (31yo)

    Executive Director

    • Tenure: 2.4yrs
    • Compensation: ₹2.26m

Company Information

Amines & Plasticizers Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Amines & Plasticizers Limited
  • Ticker: 506248
  • Exchange: BSE
  • Founded: 1970
  • Industry: Commodity Chemicals
  • Sector: Materials
  • Market Cap: ₹1.673b
  • Shares outstanding: 55.02m
  • Website: https://www.amines.com

Number of Employees


Location

  • Amines & Plasticizers Limited
  • 'D' Building
  • 6th Floor
  • Mumbai
  • Maharashtra
  • 400018
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
506248BSE (Mumbai Stock Exchange)YesEquity SharesININRNov 2004

Biography

Amines & Plasticizers Limited manufactures and sells specialty chemicals in India. The company offers alkyl alkanol amines, such as methyl monoethanolamine, methyl diethanolamine, Di-methyl ethanolamine, D ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/23 12:34
End of Day Share Price2019/10/23 00:00
Earnings2019/06/30
Annual Earnings2019/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.