Alkyl Amines Chem Share Price

Alkyl Amines Chemicals Ltd (AACL) is a chemicals company that makes and sells aliphatic amines, speciality amines and amine derivatives. It was founded in 1979.

The market capitalisation of Alkyl Amines Limited was over ₹12,700 crore as of December 27, 2023. Alkyl Amines Limited share price has gained 57.85% in three years.

Business operations

Alkyl Amines Chemicals Ltd (AACL) supplies amines and amine-based chemicals worldwide, catering to industries such as pharmaceuticals, agrochemicals and rubber. The company offers a diverse product line that includes aliphatic amines, amine derivatives and fine chemicals. Aliphatic amines account for 47% of the total turnover. Amine derivatives contribute 29% and speciality chemicals/amines make up the remaining 24% of the total turnover.

AACL's entire product range is created by its team of research scientists and engineers based at its technology centre in Hadapsar, Pune. It collaborates with its clients to pinpoint specific molecules for scaling up, transitioning from small-scale grams to commercial quantities.

Alkyl Amines Chemicals Ltd's manufacturing presence spans three sites: two in Maharashtra (Patalganga and Kurkumbh) and one in Gujarat (Dahej). Its research & development centre (r&d) and technology and projects office are situated in Pune. It has also established a solar plant in Maharashtra’s Osmanabad and a newly commissioned plant in Parbhani, also in Maharashtra, starting operations in September 2022.

The company manages a network of more than 20 production plants spread across three manufacturing sites with a combined area of over 110 acres in the western regions of Maharashtra and Gujarat. Its operations include:

The company also has two dedicated solar power plants in Maharashtra for its internal use.

In 2022, Alkyl Amines commissioned its second hydrogen plant at the Kurkumbh facility in Maharashtra, enhancing production capacities and reinforcing its commitment to sustainable practices. The year 2022 also saw the opening of the DEK plant at Kurkumbh. Later the company witnessed the commissioning of a captive solar power plant at Manwath, Maharashtra.

In 2021, AAC opened a specialty amine plant at the Kurkumbh site. Simultaneously, the expansion of the methyl amines plant at the Dahej location showcased the company's strategic focus on scaling up specific production lines to meet growing market demands. It also commissioned the acetonitrile plant -2.

The company operates a widespread network with 18 locations within India and an international presence in 20 countries. Approximately 25% of the total turnover stems from export activities. The company had 700 employees as of March 31, 2023.

Alkyl Amines Chem Financial Highlights

• Revenue: Alkyl Amines Chem reported revenue of ₹999.30 crore in FY20 vs ₹848.71 crore in FY19. It showed an increase of 17.74% on a yearly basis.
• Operating Profit: Alkyl Amines Chem reported an operating profit of ₹245.75 crore in FY20 vs ₹132.55 crore in FY19. It showed an increase of 85.40% on a year-on-year basis.
• Net Profit: Alkyl Amines Chem reported a net profit of ₹201.32 crore in FY20 vs ₹86.10 crore in FY19. It showed an increase of 133.82% on a yearly basis.

Alkyl Amines Chem Quarterly Result Highlights

• Alkyl Amines Chem reported revenue of ₹237.39 crore in Mar 2020, compared with ₹259.08 crore in Dec 2019, representing a decrease of 8.37% on a quarter-on-quarter (QoQ) basis.
• Alkyl Amines Chem reported an operating profit of ₹61.11 crore in Mar 2020, compared with ₹81.97 crore in Dec 2019, representing a decrease of 25.45% on a quarter-on-quarter (QoQ) basis.
• Alkyl Amines Chem reported a profit of ₹49.21 crore in Mar 2020, compared with ₹60.41 crore in Dec 2019, reflecting a decrease of 18.54% on a QoQ basis.
• The earnings per share (EPS) of Alkyl Amines Chem stood at ₹98.71 during Mar 2020.