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 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:
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.
Here are the markets that the company caters to:
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.
Here are the financials for year ended March, 2016
Here are the financials for quarter ended March, 2016
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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.