Amines & Plasticizers Ltd

About

Amines & Plasticizers Limited manufactures and sells specialty chemicals in India. The company offers alkyl alkanol amines, including methyl monoethanolamine, methyl diethanolamine, di-methyl ethanolamine, di-ethyl ethanolamine, ethyl monoethanolamine, ethyl diethanolamine, mono-n-propyl monoethanolamine, mono-n-propyl diethanolamine, mono-n-butyl ethanolamine, mono-n-butyl diethanolamine, di-butyl ethanolamine, poly ethanolamine, tertiary butyl monoethanolamine, and tertiary butyl diethanolamine. It also offers alkanolamines, such as triisopropanolamine, monoethanolamine, diethanolamine, triethanolamine-tech, triethanolamine-pure, and diethanolamine LFG products, as well as morpholine and substituted morpholines comprising morpholine, N-methyl morpholine, N-methyl morpholine oxide, N-ethyl morpholine, N-formyl morpholine, hydroxy ethyl morpholine, N-acetyl morpholine, and N-butyl morpholine. In addition, the company provides specialty ethylene oxide/propylene oxide products that include 2-phenoxy ethanol, 1-piperidine ethanol, diethanol isopropanolamine, N-2 hydroxy ethyl pyrrolidine, and N-benzyl ethanolamine, as well as ethylene oxide/propylene oxide derivatives, such as polypropylene glycol, polyethylene glycol, APOL, amine polyols, glycerol polyol, polyethylene glycol adipates, sorbitol mixture ethoxylates, and alcohol ethoxylates. Further, it offers gas treating products and technologies, such as generic amines, MDEA based specialty amines, and specialty additives, as well as antifoaming agents for gas treating applications. The company serves the pharmaceutical; textile; paints, coatings, printing inks, polyurethanes, metal working fluids, and corrosion inhibitors; agro chemicals; rubber industries and mold releasing agents; photographic chemicals; cement; cosmetic; oil field; acid gas treating; and molecular sieves industries. It also exports its products. Amines & Plasticizers Limited was founded in 1970 and is headquartered in Mumbai, India.

Key Metrics

as of Sep 2026

Market Cap951 Cr

P/E24.70

Div Yield0.29 %

Book Value₹53.10

52w High₹255.00

52w Low₹127.00

Face Value₹2.00

Quarterly Results

Rs. Crores · hover row for definition

Metric	Jun 2026	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024	Jun 2024	Mar 2024	Dec 2023	Sep 2023	Jun 2023
Sales	150.53	155.14	142.46	133.14	140.29	165.81	190.79	166.64	137.48	177.34	175.27	157.40	137.00
Expenses	135.59	131.69	129.92	122.35	127.30	144.84	173.83	150.36	122.68	155.30	158.25	141.48	122.86
Operating Profit	14.94	23.45	12.54	10.79	12.99	20.97	16.96	16.28	14.80	22.04	17.02	15.92	14.14
OPM %	9.92	15.12	8.80	8.10	9.26	12.65	8.89	9.77	10.77	12.43	9.71	10.11	10.32
Other Income	0.20	0.25	0.31	0.08	0.08	0.18	0.22	0.46	0.38	0.13	0.98	1.10	0.49
Depreciation	1.44	1.41	1.42	1.42	1.41	1.41	1.41	1.37	1.35	1.36	1.28	1.27	1.22
Interest	0.96	1.68	0.88	1.24	1.66	2.57	2.57	2.38	2.29	3.32	3.33	3.52	2.92
Profit before tax	12.74	20.61	10.55	8.21	10.00	17.17	13.20	12.99	11.54	17.49	13.39	12.23	10.49
Tax %	25.67	25.47	28.15	24.85	25.70	25.39	26.06	24.71	25.04	25.96	26.21	25.59	24.59
Net Profit	9.47	15.35	7.58	6.17	7.43	12.81	9.76	9.78	8.66	12.94	9.88	9.09	7.92
EPS in Rs	1.72	2.79	1.38	1.12	1.35	2.33	1.77	1.78	1.57	2.35	1.80	1.65	1.44

Profit & Loss

Annual · Rs. Crores

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015
Sales	571.00	661.00	647.00	597.00	563.00	442.00	399.00	455.00	326.00	295.00	262.00	302.00
Expenses	511.00	592.00	578.00	555.00	523.00	389.00	357.00	421.00	298.00	267.00	239.00	279.00
Operating Profit	60.00	69.00	69.00	42.00	40.00	53.00	42.00	34.00	28.00	28.00	23.00	23.00
OPM %	10.00	10.00	11.00	7.00	7.00	12.00	10.00	7.00	9.00	10.00	9.00	8.00
Other Income	1.00	1.00	3.00	3.00	5.00	5.00	1.00	3.00	4.00	1.00	0.00	0.00
Interest	5.00	10.00	13.00	10.00	9.00	10.00	9.00	8.00	7.00	6.00	8.00	10.00
Depreciation	6.00	6.00	5.00	5.00	4.00	4.00	3.00	3.00	3.00	2.00	2.00	2.00
Profit before tax	49.00	55.00	54.00	30.00	32.00	44.00	30.00	26.00	23.00	21.00	14.00	10.00
Tax %	26.00	25.00	26.00	24.00	26.00	26.00	19.00	36.00	36.00	30.00	34.00	38.00
Net Profit	37.00	41.00	40.00	23.00	24.00	33.00	25.00	16.00	15.00	15.00	9.00	6.00
EPS in Rs	6.64	7.45	7.24	4.16	4.34	5.92	4.47	2.99	2.68	2.69	1.64	1.14
Dividend Payout %	8.00	7.00	7.00	12.00	9.00	0.00	7.00	10.00	11.00	11.00	24.00	9.00

Balance Sheet

Annual · Rs. Crores — latest first

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015
Equity Capital	11.00	11.00	11.00	11.00	11.00	11.00	11.00	11.00	11.00	11.00	11.00	6.00
Reserves	281.00	248.00	209.00	172.00	151.00	130.00	97.00	71.00	57.00	44.00	30.00	28.00
Borrowings	27.00	77.00	85.00	85.00	72.00	74.00	58.00	79.00	54.00	59.00	59.00	62.00
Other Liabilities	103.00	81.00	84.00	77.00	76.00	91.00	65.00	91.00	68.00	47.00	40.00	43.00
Total Liabilities	422.00	416.00	389.00	344.00	310.00	305.00	232.00	252.00	190.00	161.00	140.00	138.00
Fixed Assets	76.00	80.00	80.00	80.00	84.00	73.00	75.00	43.00	40.00	36.00	35.00	36.00
CWIP	0.00	0.00	3.00	5.00	3.00	11.00	3.00	23.00	11.00	10.00	8.00	8.00
Investments	2.00	1.00	1.00	1.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Other Assets	344.00	335.00	305.00	258.00	223.00	221.00	154.00	186.00	139.00	115.00	97.00	95.00
Total Assets	422.00	416.00	389.00	344.00	310.00	305.00	232.00	252.00	190.00	161.00	140.00	138.00

Cash Flows

Annual · Rs. Crores — latest first

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015
Cash from Operating Activity	66.00	29.00	47.00	5.00	-27.00	44.00	31.00	10.00	22.00	10.00	14.00	7.00
Cash from Investing Activity	-1.00	-3.00	-1.00	-2.00	-4.00	-6.00	-17.00	-16.00	-4.00	-5.00	-1.00	-3.00
Cash from Financing Activity	-58.00	-20.00	-16.00	0.00	-13.00	6.00	-22.00	12.00	-14.00	-5.00	-13.00	-3.00
Net Cash Flow	7.00	6.00	30.00	3.00	-43.00	44.00	-8.00	6.00	4.00	0.00	-1.00	0.00
Free Cash Flow	66.00	26.00	43.00	2.00	-35.00	33.00	4.00	-8.00	14.00	4.00	12.00	3.00
CFO/OP %	131.00	62.00	86.00	25.00	-46.00	103.00	92.00	52.00	102.00	58.00	74.00	38.00

Ratios

Annual · Days / % — latest first

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015
Debtor Days	89.00	74.00	55.00	74.00	66.00	73.00	63.00	62.00	49.00	55.00	54.00	49.00
Inventory Days	79.00	72.00	76.00	66.00	81.00	73.00	84.00	65.00	98.00	76.00	64.00	62.00
Days Payable	60.00	48.00	57.00	54.00	56.00	100.00	76.00	83.00	92.00	72.00	61.00	57.00
Cash Conversion Cycle	109.00	99.00	75.00	86.00	91.00	47.00	71.00	43.00	55.00	60.00	57.00	54.00
Working Capital Days	114.00	82.00	70.00	71.00	64.00	32.00	51.00	24.00	32.00	30.00	22.00	11.00
ROCE %	17.00	20.00	23.00	16.00	18.00	28.00	26.00	24.00	25.00	26.00	22.00	23.00

Shareholding Pattern

% holding — latest first

Holder	Jun 2026	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024	Jun 2024	Mar 2024	Dec 2023	Sep 2023
Promoters	73.17	73.17	73.17	73.17	73.17	73.17	73.17	73.17	73.17	73.17	73.17	73.17
Public	26.82	26.85	26.84	26.83	26.83	26.83	26.84	26.83	26.82	26.83	26.83	26.82
No. of Shareholders	9,460	9,541	9,873	9,794	9,931	10,242	9,957	9,944	9,194	8,348	8,370	8,845

Corporate Actions

18 records

Action	Ex Date	Record Date	Ratio	Amount (₹)	Notes
Dividend	12 Sep 2025	12 Sep 2025	—	0.50
Dividend	13 Sep 2024	13 Sep 2024	—	0.50
Other	13 Sep 2024	—	—	—	Annual General Meeting
Dividend	15 Sep 2023	—	—	0.50
Dividend	14 Sep 2022	—	—	0.40
Dividend	27 Aug 2021	30 Aug 2021	—	0.40
Dividend	13 Mar 2020	16 Mar 2020	—	0.30
Dividend	16 Sep 2019	—	—	0.30
Dividend	12 Sep 2018	—	—	0.30
Dividend	14 Sep 2017	—	—	0.30
Dividend	22 Mar 2016	24 Mar 2016	—	0.20
Bonus	08 Oct 2015	09 Oct 2015	1:1	—
Dividend	19 Aug 2015	—	—	0.20
Split	27 Feb 2015	02 Mar 2015	10:2	—
Dividend	18 Sep 2014	—	—	1.00
Dividend	19 Sep 2013	—	—	0.50
Dividend	20 Sep 2012	—	—	0.50
Dividend	08 Sep 2010	—	—	1.00