Ami Organics Ltd. (AMIORG) AI Stock Analysis

• Market Cap: ₹149.92B
• Dividend Yield: 0.08%
• Average Volume (3M): 14.81K
• Price to Earnings (P/E): 66.9
• Beta (1Y): 1.11
• Revenue Growth: 34.62%
• EPS Growth: 126.53%
• Country: IN
• Employees: 676
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Chemicals - Specialty
• EPS (TTM): 6.00
• Shares Outstanding: 81,871,124
• 10 Day Avg. Volume: 15,850
• 30 Day Avg. Volume: 14,806
• PEG Ratio: 0.91
• Price to Book (P/B): 7.73
• Price to Sales (P/S): 10.06
• P/FCF Ratio: -132.71
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: Hold
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 71 Outperform
• Price Target: ₹2,071.00 ▲(15.53% Upside)

Ami Organics Ltd. shows strong financial performance with significant revenue and profit growth, supported by a robust balance sheet. Technical indicators suggest a bullish trend, although caution is advised due to the high RSI. The valuation appears stretched with a high P/E ratio and low dividend yield, which may limit upside potential.

Positive Factors

Revenue Growth

The significant revenue growth indicates expanding market reach and effective business strategies, supporting long-term sustainability.

Balance Sheet Health

Minimal reliance on debt financing enhances financial stability and flexibility, reducing risk and supporting future growth.

Profitability

Improved profitability reflects efficient operations and cost management, contributing to sustainable earnings and competitive positioning.

Negative Factors

Cash Flow Challenges

Negative free cash flow indicates high capital expenditures, which can strain liquidity and limit investment capacity in the long term.

EBITDA Margin Pressure

A declining EBITDA margin suggests rising non-operating costs, potentially impacting profitability and operational efficiency over time.

High Capital Expenditures

High capital expenditures can limit cash availability for other strategic initiatives, affecting long-term financial flexibility and growth potential.

Ami Organics Ltd. Business Overview & Revenue Model

Company Description

Ami Organics Limited engages in the research and development, manufacture, and sale of pharmaceutical intermediates in India. The company offers approximately 450 pharma intermediates for use in regulated and generic active pharmaceutical ingredients for anti-retroviral, anti-inflammatory, anti-psychotic, anti-cancer, anti-parkinson, antidepressant, and anticoagulant applications, as well as in new chemical entities. It also provides preservatives, such as parabens and parabens formulations for use in cosmetics, animal food, and personal care industries; and specialty chemicals for use in cosmetics, dyes, polymers, and agrochemicals. In addition, the company exports its products. Ami Organics Limited was founded in 2004 and is based in Surat, India.

How the Company Makes Money

Ami Organics generates revenue through the sale of its specialty chemicals and intermediates to various industries, including agriculture, pharmaceuticals, and personal care. The company’s revenue model is primarily based on direct sales to customers, which include both domestic and international clients. Key revenue streams include the production of agrochemical intermediates, pharmaceutical ingredients, and personal care products. Additionally, Ami Organics benefits from strategic partnerships with major players in these sectors, allowing them to expand their market reach and enhance their product offerings. The company's focus on research and development also positions it to capitalize on emerging market trends, further contributing to its earnings.

Ami Organics Ltd. Financial Statement Overview

Summary

Ami Organics Ltd. shows strong financial performance with significant revenue and profit growth, efficient production, and a robust balance sheet with minimal debt. However, negative free cash flow due to high capital expenditures presents a challenge.

Income Statement

Ami Organics Ltd. demonstrates strong revenue growth with a 40.3% increase from 2024 to 2025. The net profit margin improved significantly to 15.8% in 2025, reflecting better profitability. The gross profit margin increased to 45.2%, indicating efficient production and cost management. The EBIT margin of 36.8% also highlights operational efficiency. However, the EBITDA margin decreased slightly to 23.0%, suggesting potential cost pressures in non-operating expenses.

Balance Sheet

The company has a robust balance sheet with a low debt-to-equity ratio of 0.01, indicating minimal reliance on debt financing. The equity ratio is strong at 84.5%, reflecting a solid equity base. Return on equity is healthy at 12.1%, driven by increased net income. The company's assets are well-funded by equity, reducing financial risk.

Cash Flow

Ami Organics Ltd. shows a decrease in free cash flow, which remains negative at -763 million in 2025, indicating challenges in generating surplus cash. However, the operating cash flow to net income ratio is positive at 0.75, highlighting adequate cash generation from operations. Free cash flow to net income remains negative, pointing to high capital expenditures impacting liquidity.

Breakdown	TTM	Dec 2025	Dec 2023	Dec 2022	Dec 2022	Dec 2021
Income Statement
Total Revenue	10.07B	10.07B	7.17B	5.18B	6.17B	3.41B
Gross Profit	4.03B	4.55B	2.63B	1.94B	2.86B	1.22B
EBITDA	2.43B	2.32B	1.04B	1.08B	1.27B	811.14M
Net Income	1.59B	1.59B	427.73M	719.46M	832.90M	539.99M
Balance Sheet
Total Assets	15.49B	15.49B	10.96B	6.59B	7.67B	4.13B
Cash, Cash Equivalents and Short-Term Investments	2.49B	2.49B	533.12M	615.46M	586.70M	26.85M
Total Debt	129.39M	129.39M	2.17B	8.44M	36.00M	1.37B
Total Liabilities	2.29B	2.29B	4.13B	1.37B	1.73B	2.46B
Stockholders Equity	13.10B	13.10B	6.74B	5.22B	5.94B	1.67B
Cash Flow
Free Cash Flow	0.00	-763.00M	-1.56B	-424.18M	-308.73M	-794.33M
Operating Cash Flow	0.00	1.18B	1.25B	-86.60M	655.30M	271.45M
Investing Cash Flow	0.00	-2.24B	-3.68B	-1.24B	-330.44M	-1.00B
Financing Cash Flow	0.00	2.61B	2.39B	1.40B	-122.50M	721.08M

Ami Organics Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 1792.65
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:AMIORG, the sentiment is Positive. The current price of 1792.65 is above the 20-day moving average (MA) of 1747.24, above the 50-day MA of 1602.12, and above the 200-day MA of 1298.05, indicating a bullish trend. The MACD of 45.10 indicates Positive momentum. The RSI at 58.79 is Neutral, neither overbought nor oversold. The STOCH value of 64.94 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:AMIORG.

Ami Organics Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
AMIORG	71 Outperform	₹149.92B	66.94	―	0.08%	34.62%	126.53%
ANURAS	66 Neutral	₹122.24B	78.69	―	0.06%	69.32%	113.55%
HEG	62 Neutral	₹111.80B	56.80	―	0.33%	3.93%	41.77%
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
ALKYLAMINE	61 Neutral	₹93.53B	51.34	―	0.58%	3.95%	8.28%
BALAMINES	61 Neutral	₹45.54B	29.91	―	0.94%	-10.76%	-27.70%
RALLIS	56 Neutral	₹50.89B	28.92	―	0.96%	0.91%	18.12%