Amines & Plasticizers Ltd. (AMNPLST) AI Stock Analysis

• Market Cap: ₹9.33B
• Dividend Yield: 0.26%
• Average Volume (3M): 709.00
• Price to Earnings (P/E): 25.8
• Beta (1Y): 1.33
• Revenue Growth: -4.07%
• EPS Growth: -12.36%
• Country: IN
• Employees: 260
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Chemicals
• EPS (TTM): 1.12
• Shares Outstanding: 55,020,000
• 10 Day Avg. Volume: 679
• 30 Day Avg. Volume: 709
• PEG Ratio: 10.08
• Price to Book (P/B): 4.64
• Price to Sales (P/S): 1.81
• P/FCF Ratio: 46.77
• 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: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 60 Neutral
• Price Target: ₹178.00 ▼(-9.02% Downside)

Amines & Plasticizers Ltd. has a strong financial foundation with solid profitability and effective cash flow management. However, the technical analysis indicates bearish momentum, and the valuation metrics suggest the stock may be overvalued. These factors contribute to a moderate overall stock score.

Positive Factors

Profitability Margins

Sustained gross and operating margins show durable cost control and pricing power in the chemicals segment, supporting consistent cash generation and reinvestment capacity. Healthy margins reduce sensitivity to revenue volatility and underpin long-term return on capital.

Balance Sheet Strength

High equity ratio and low leverage provide financial flexibility to fund operations and growth without heavy debt costs. Strong ROE indicates efficient equity use, lowering default risk and enabling longer-term strategic investments or resilience through industry cycles.

Operating Cash Flow Quality

Robust operating cash flow relative to income signals high cash conversion and underlying business quality. Reliable OCF supports working capital, dividends, and selective capex, ensuring the company can sustain operations and fund growth without frequent external financing.

Negative Factors

Negative Free Cash Flow Trend

Declining free cash flow growth, even with positive OCF, reduces the company's ability to self-fund expansion, deleverages, or smooth dividends over time. Persistent FCF contraction can force funding from debt or equity, constraining strategic flexibility.

Earnings Per Share Contraction

Material EPS decline reflects margin pressure or lower profitability per share, which can limit internal capital generation and investor confidence in earnings durability. Prolonged EPS weakness undermines capacity for reinvestment and reduces buffer for adverse cycles.

Revenue Trend Weakness

Negative recent revenue growth suggests demand softness or market share pressure. A shrinking top line constrains operating leverage, limits margin expansion opportunities, and can make sustaining fixed-cost coverage and profitable reinvestment more difficult over the medium term.

Amines & Plasticizers Ltd. Business Overview & Revenue Model

Company Description

Amines & Plasticizers Ltd. is a holding company, which engages in the production of organic chemicals. Its products include ethanolamines, alkyl alkonolamines, morpholine, alkyl morpholine, and gas treating solvents. It operates through the Chemicals and Software business segments. The company was founded in 1973 and is headquartered in Mumbai, India.

How the Company Makes Money

Amines & Plasticizers Ltd. generates revenue primarily through the production and sale of its chemical products, such as amines and plasticizers. The company operates on a business-to-business (B2B) model, supplying its products to manufacturers in various industries, which forms the core of its revenue stream. Key revenue sources include long-term contracts with major clients in the plastics and textiles sectors, as well as spot sales to smaller companies. Additionally, AMNPLST benefits from strategic partnerships with other chemical manufacturers and distributors, enabling broader market access and enhanced product offerings. The company also invests in research and development to innovate new products, which can lead to increased market share and profitability over time.

Amines & Plasticizers Ltd. Financial Statement Overview

Summary

Amines & Plasticizers Ltd. demonstrates strong financial performance with solid profitability, robust equity, and effective cash flow management. The income statement shows strong profitability with a net profit margin of 6.2% and healthy operational management. The balance sheet reflects a solid equity position with a strong return on equity of 15.9%. The cash flow statement indicates robust operating cash flow, though free cash flow growth is negative due to lower capital expenditures.

Income Statement

Amines & Plasticizers Ltd. exhibits strong profitability with a gross profit margin of approximately 25.6% and a net profit margin of 6.2% for the latest fiscal year. The revenue growth rate of 2.1% indicates steady growth, and both EBIT and EBITDA margins are healthy at 9.6% and 10.6%, respectively, showing efficient operational management.

Balance Sheet

The company's balance sheet reflects a solid equity position with an equity ratio of 62.1% and a moderate debt-to-equity ratio of 0.30, suggesting prudent financial leverage. The return on equity is strong at 15.9%, indicating effective utilization of equity to generate profits.

Cash Flow

The cash flow statement shows a positive trend in free cash flow, albeit with a decrease compared to the previous year. Operating cash flow is robust, providing a healthy operating cash flow to net income ratio of 0.71. However, free cash flow growth is negative due to lower capital expenditures.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	6.64B	6.61B	6.47B	5.97B	5.63B	4.39B
Gross Profit	1.73B	1.69B	1.50B	840.89M	814.93M	1.01B
EBITDA	681.36M	702.57M	718.20M	452.35M	453.66M	574.96M
Net Income	397.75M	410.01M	398.28M	228.72M	238.57M	325.94M
Balance Sheet
Total Assets	0.00	4.16B	3.89B	3.44B	3.10B	3.05B
Cash, Cash Equivalents and Short-Term Investments	457.46M	461.28M	392.63M	91.95M	33.12M	459.47M
Total Debt	0.00	772.00M	850.00M	847.93M	721.21M	736.53M
Total Liabilities	-2.59B	1.58B	1.69B	1.61B	1.48B	1.64B
Stockholders Equity	2.59B	2.59B	2.20B	1.83B	1.62B	1.41B
Cash Flow
Free Cash Flow	0.00	256.37M	431.38M	-77.72M	-349.00M	277.57M
Operating Cash Flow	0.00	291.39M	468.50M	-55.82M	-265.60M	386.57M
Investing Cash Flow	0.00	-27.29M	-13.93M	-23.92M	-35.31M	-58.70M
Financing Cash Flow	0.00	-203.67M	-156.27M	4.00M	-125.44M	60.55M

Amines & Plasticizers Ltd. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 195.65
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:AMNPLST, the sentiment is Negative. The current price of 195.65 is above the 20-day moving average (MA) of 181.53, above the 50-day MA of 188.88, and below the 200-day MA of 215.02, indicating a bearish trend. The MACD of -7.02 indicates Positive momentum. The RSI at 30.63 is Neutral, neither overbought nor oversold. The STOCH value of 15.06 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:AMNPLST.

Amines & Plasticizers Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
HARIOMPIPE	66 Neutral	₹12.79B	20.47	―	0.17%	17.98%	-0.62%
INDOAMIN	63 Neutral	₹8.19B	11.63	―	0.38%	13.01%	32.44%
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
JAYAGROGN	60 Neutral	₹8.81B	10.67	―	1.23%	0.69%	-7.54%
AMNPLST	60 Neutral	₹9.33B	25.79	―	0.26%	-4.07%	-12.36%
MANALIPETC	49 Neutral	₹9.88B	8.85	―	0.82%	-2.41%	178.19%
OAL	46 Neutral	₹9.65B	98.35	―	0.17%	12.25%	-74.52%

Amines & Plasticizers Ltd. Corporate Events

Exchange Seeks Clarification from Amines & Plasticizers on Sharp Share Price Move

The stock of Amines & Plasticizers Ltd. has seen significant price movement, prompting the stock exchange to seek clarification from the company. The exchange has requested updated, relevant information to safeguard investor interests and ensure transparent disclosure to the market, and the company’s response is currently awaited, leaving stakeholders watching for any clarification that could explain the volatility.