Amines & Plasticizers Ltd. (AMNPLST) AI Stock Analysis

0 Followers

Amines & Plasticizers Ltd.

(NSE:AMNPLST)

Select Model

Rating:62Neutral

Price Target:INR 159.00▲(5.54% Upside)

Action:reiterated

Date:10/07/26

Amines & Plasticizers earns a moderate score. The strongest support comes from a materially de-levered balance sheet and a projected rebound in free cash flow, backed by multi-year revenue and equity growth. These positives are offset by thin and volatile margins, an inconsistent operating cash flow history, and a projected FY2026 decline in both revenue and net income. Technicals are mildly supportive, with the stock holding above most key moving averages and momentum in neutral-to-positive territory. Valuation is the main drag: a P/E near 27 alongside a minimal dividend yield leaves little cushion if the expected earnings softness materialises.

Positive Factors

Lower LeverageThe sharp reduction in debt strengthens financial resilience and reduces the burden of interest and refinancing obligations. Greater balance-sheet flexibility can help Amines & Plasticizers withstand weaker demand while preserving capacity to fund operations and future growth.

Negative Factors

Revenue ContractionThe latest revenue decline signals weaker demand or reduced activity across the company’s industrial customer base. If this contraction persists, lower sales volumes can limit operating leverage, reduce reinvestment capacity, and make recovery in earnings more dependent on cost control.

Amines & Plasticizers Ltd. (AMNPLST) vs. iShares MSCI India ETF (INDA)

Market Cap: INR 8.36B
Dividend Yield: 0.34%
Average Volume (3M): 1,349
Price to Earnings (P/E): 20.5
Beta (1Y): 1.05
Revenue Growth: -5.09%
EPS Growth: 12.63%
Country: India
Employees: 292
Sector: General
Sector Strength: 55
Industry: Chemicals - Specialty

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...

Amines & Plasticizers Ltd. Financial Statement Overview

Summary

A solid balance sheet is the standout pillar (score 68): equity has roughly doubled since FY2021 and debt-to-equity is projected to fall from ~0.30 to ~0.09 in FY2026, sharply reducing financial risk. Cash flow (65) is recovering, with free cash flow projected to surge to ₹600M, though the track record is volatile with two recent years of negative operating cash flow, pointing to working capital strain. The income statement (62) is the weakest element: revenue grew steadily from ₹4.39B to ₹6.61B through FY2025, but FY2026 projects a ~9.4% revenue decline and lower net income, with historically thin net margins (3.8%-7.4%) and swinging gross margins that reflect commodity cost cyclicality.

Income Statement

62Positive

Balance Sheet

68Positive

Cash Flow

65Positive

Financial statement breakdown
Breakdown	TTM	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022
Income Statement
Total Revenue	5.81B	5.71B	6.61B	6.47B	5.97B	5.63B
Gross Profit	1.29B	1.17B	1.69B	1.50B	840.89M	814.93M
EBITDA	618.09M	604.86M	702.57M	718.20M	452.35M	453.66M
Net Income	385.65M	365.32M	410.01M	398.28M	228.72M	238.57M
Balance Sheet
Total Assets	0	4.22B	4.16B	3.89B	3.44B	3.10B
Cash, Cash Equivalents and Short-Term Investments	531.46M	531.46M	461.28M	392.63M	91.95M	33.12M
Total Debt	0	272.14M	772.00M	850.00M	847.93M	721.21M
Total Liabilities	-2.92B	1.30B	1.58B	1.69B	1.61B	1.48B
Stockholders Equity	2.92B	2.92B	2.59B	2.20B	1.83B	1.62B
Cash Flow
Free Cash Flow	356.54M	600.45M	256.37M	431.38M	-77.72M	-349.00M
Operating Cash Flow	362.66M	609.57M	291.39M	468.50M	-55.82M	-265.60M
Investing Cash Flow	-4.64M	-7.34M	-27.29M	-13.93M	-23.92M	-35.31M
Financing Cash Flow	-523.54M	-527.37M	-203.67M	-156.27M	4.00M	-125.44M

Amines & Plasticizers Ltd. Technical Analysis

Technical Analysis SentimentNeutral

Last Price150.65

Price Trends

50DMA162.09Negative

100DMA177.94Negative

200DMA173.73Negative

Market Momentum

MACD-4.57Negative

RSI47.06Neutral

STOCH59.26Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:AMNPLST, the sentiment is Neutral. The current price of 150.65 is above the 20-day moving average (MA) of 149.91, below the 50-day MA of 162.09, and below the 200-day MA of 173.73, indicating a neutral trend. The MACD of -4.57 indicates Negative momentum. The RSI at 47.06 is Neutral, neither overbought nor oversold. The STOCH value of 59.26 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for IN:AMNPLST.

Amines & Plasticizers Ltd. Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

IN:AMNPLST against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
IN:FINEORG	75Outperform	INR 163.53B	33.93	―	0.21%	12.93%	18.83%
IN:AMNPLST	62Neutral	INR 8.26B	20.54	―	0.34%	-5.09%	12.63%
IN:ALKYLAMINE	60Neutral	INR 82.57B	33.28	―	0.62%	13.38%	35.82%
IN:JUBLINGREA	60Neutral	INR 95.43B	27.01	―	0.83%	15.41%	21.76%
IN:BALAMINES	58Neutral	INR 59.05B	25.45	―	0.59%	20.91%	62.44%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
IN:LXCHEM	46Neutral	INR 45.90B	26.46	―	0.18%	21.34%	105.39%

* General Sector Average

Performance Comparison

IN:AMNPLST and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
IN:AMNPLST	Amines & Plasticizers Ltd.	150.65	-45.96	-23.38%
IN:ALKYLAMINE	Alkyl Amines Chemicals Limited	1608.65	-154.90	-8.78%
IN:BALAMINES	Balaji Amines Limited	1865.65	642.01	52.47%
IN:FINEORG	Fine Organic Industries Ltd.	5334.25	835.56	18.57%
IN:JUBLINGREA	Jubilant Ingrevia Ltd.	599.90	-77.95	-11.50%
IN:LXCHEM	Laxmi Organic Industries Ltd.	163.95	-23.68	-12.62%

Amines & Plasticizers Ltd. Corporate Events

Amines & Plasticizers Reports Strong Q2FY27 Profit Growth

Nov 6, 2026

Amines & Plasticizers Ltd. reported consolidated Q2FY27 revenue of ₹149.84 crore, up 13% year on year, while EBITDA rose 22% to ₹13.31 crore and profit after tax increased 35% to ₹8.33 crore. For H1FY27, revenue grew 10% to ₹300.36 crore, EBITDA incr...

Amines & Plasticizers Secures Shareholder Approval at 51st AGM Through E-Voting

Sep 24, 2026

Amines & Plasticizers Ltd., a listed Indian chemicals manufacturer specializing in amines, plasticizers and related specialty inputs, serves industrial clients and trades its shares on BSE and NSE under the symbol AMNPLST.The company announced that s...

Amines & Plasticizers sets virtual date for 51st AGM on September 23, 2026

Aug 27, 2026

Amines & Plasticizers Ltd. has announced that its 51st Annual General Meeting will be held on September 23, 2026, at 4:00 p.m. IST through two-way video conferencing and other audio-visual means, with details communicated via newspaper advertisements...

Amines & Plasticizers Publishes Q1 FY27 Unaudited Results and Enhances Disclosure Access

Aug 15, 2026

Amines & Plasticizers Ltd. has published unaudited standalone and consolidated financial results for the quarter ended 30 June 2026 and has issued newspaper advertisements in Financial Express and Dainandin Barta to disclose where the complete result...

Glossary

BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.

Date of analysis: Oct 07, 2026

Amines & Plasticizers Ltd. AI Stock Analysis