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Company Profile: Alkyl Amines Chemicals – Business Overview with Financials

Alkyl-Logo.gif

Alkyl Logo

Alkyl Amines Chemicals is a global supplier of amines and amine-based chemicals to the pharmaceutical, agrochemical, rubber chemical & water treatment industries, among others. The company has a significant stake in Diamines and Chemicals Ltd., the only
manufacturer of ethylene‐amines in India.

Amines could be classified as Specialty Chemicals. Amines are products derived from Ammonia (NH3) by displacement of H2 in the Ammonia molecule by other radicals (R) such as Methyl, Ethylene and Propanol.Alkyl Share Price June 2016

Production

Alkyl has two manufacturing sites with 11 plants (9 Manufacturing plants at Kurkumbh, Pune and 2 Manufacturing plants at Patalganga, Raigad). Most of the manufacturing is done at:

  • The Patalganga site of around 10 acres manufactures Methylamines & higher aliphatic amines.
  • The Kurkumbh site covering 70 acres is manufactures Ethyl amines, Amine Derivatives and Specialty Amines
  • A new site of approx. 25 acres is being developed to expand Amines and Amines derivative capacities in Dahej, Gujarat.

Products and Markets

Alkyl’s Industry Profile for 2015-16 topped with Pharma at 56%, followed by Agro at 9% while the remaining 35% is constituted by Dyes, Specialty Chemicals, Foundry Chemicals, Laboratory Regent and others.

Alkyl Industry Profile

Here are the markets that the company caters to:

Alkyl Products and Markets

Financial Performance

The latest ratings from CRISIL puts the company’s long term debts (Rs. 1,605 million) at a stable A while the short term (Rs. 230 million) debts at A1.

  • Sales volume has increased by 12% from 36,565 MT for year ended March 31, 2015 to 41,039 MT for year ended March 31, 2016.

Alkyl Sales Quantity

  • EBIDTA for year ended March 31, 2016 stood at Rs. 93 cr.

Alkyl Yearly Financials EBIDTA

Here are the financials for year ended March, 2016

Alkyl Yearly Financials

Here are the financials for quarter ended March, 2016

Alkyl Quarterly Financials

(Source: latest investor presentation)

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Disclaimer

Nothing in this newsletter is financial advice and should not be construed as such. Please do not take trading decisions based solely on the matter above; if you do, it is entirely at your own risk without any liability to Capital Mind. This is educational or informational matter only, and is provided as an opinion. 

Disclosure: The authors at Capital Mind have positions in the market and some of them may support or contradict the material given above, or may involve a direction derived from independent analysis. Analyst does not have any positions in the above stock.