Latest news with #AlkylAminesChemicals
&w=3840&q=100)
Business Standard
9 hours ago
- Business
- Business Standard
Alkyl Amines Chemicals surges 8% on healthy outlook; zooms 46% from May low
Alkyl Amines Chemicals share price: Shares of Alkyl Amines Chemicals hit an eight-month high of ₹2,368, surging 8 per cent on the BSE in Wednesday's intra-day trade amid heavy volumes on a healthy business outlook. The stock of specialty chemicals firm is trading at its highest level since October 2024. It had hit a 52-week high of ₹2,497.95 on September 19, 2024. The stock has bounced back 46 per cent from its previous month low of ₹1,622 touched on May 9, 2025. Thus far in the calendar year 2025, Alkyl Amines Chemicals has outperformed the market by gaining 28 per cent, as compared to a 5 per cent rise in the BSE Sensex. Track LIVE Stock Market Updates Here Alkyl Amines outlook Alkyl Amines Chemicals has established a leading position in the domestic market and a presence in the international market with a reputation for reliable service and quality products. For the financial year 2025-26, the management said the company's focus will continue on sustainable growth by taking measures for increasing its market share of existing products and also introducing new products. The company's customers in the agrochemicals and pharmaceuticals sectors continue to face global competition from Chinese manufacturers resulting in business uncertainty. This has impacted sales of the company's products to major customers. Dumping of low-price imports of Acetonitrile continues to increase, resulting in a reduction in its sales and creating margin pressures. Alkyl Amines Chemicals in its FY25 annual report, said that the company has applied for an anti-dumping duty on Acetonitrile imports and is awaiting approval from the Ministry of Finance. The company's sales to the US of total sales is around 4.5 per cent. Change in USA tariffs on some of the company's products may have an impact on volumes and margins for such sales. However, with the global growth of chemicals focused more on Asia, it is expected that there will be further growth in the chemical industry. In order to meet the growing demand for the company's products, a newly set up plant at an investment cost of ₹400 crore at its existing Kurkumbh site, Maharashtra, for enhancing the manufacturing capacity of Ethyl Amines is fully operational. During the financial year 2025-26, the management expects the company's investments in various other projects to add to both top-line and bottom-line. Brokerages' view on Alkyl Amines Chemicals Alkyl Amines Chemicals increased its research and development (R&D) spend to ₹890 crore in FY25 (0.6 per cent of sales), focusing on new product development, process efficiency, and sustainability. It has developed three new products, one set for launch in FY26, with a growing emphasis on value-added innovation and environmental impact reduction. The company expanded aliphatic amines capacity by ~30 per cent in FY24 and is entering higher margin specialty products. Motilal Oswal Financial Services estimates a revenue/EPS CAGR of 11 per cent/14 per cent over FY25- 27. However, pricing pressure from imports and certain commoditised products poses risks, the brokerage firm said. Management is hopeful of 10-15 per cent volume growth in FY26 but indicates pricing pressure may be sustained, due to overcapacity in the base amines segment. Alkyl Amines Chemicals has set an ₹150 crore FY26 capex target and expects the new products facility to be completed by December 2025-January 2026. Regarding anti-dumping duties on acetonitrile, management expects a favourable decision from the Ministry of Finance by late Q2FY26, analysts at Elara Capital said. The brokerage firm expects the company to continue to face margin pressure, due to overcapacity in ethyl amines and its specialty chemicals products. Therefore, analysts decrease EPS of FY26E by 3 per cent and FY27E by 9 per cent.
Mint
a day ago
- Business
- Mint
Vedanta share price in focus as will trade ex-dividend today
Dividend Stocks: Vedanta share price will remain in focus on Tuesday as it will trade ex-dividend today. Polycab India and Alkyl Amines Chemicals are the other stocks to trade ex-date today. Check for dividend payout and other details. Vedanta had set Tuesday, 24 June 2025, as the record date for identifying the list of eligible shareholders to receive the final dividend announced by the company. Polycab India and Alkyl Amines, too, had set 25 June as the record date for the dividend. Record date implies that, taking into consideration the T+1 settlement method, investors who wish to take advantage of dividend announcements by these companies 'should have bought shares at least one day before the record date so that their names would appear on the list of eligible shareholders to receive dividends. The first interim dividend of ₹ 7/- per equity share on a face value of ₹ 1/- per equity share for the financial year 2025-26, totaling around ₹ 2,737 crores, was recommended by Vedanta's Board at its meeting on Wednesday, June 18, 2025. With a dividend yield of more than 7.0%, Vedanta is among the stocks that has a strong dividend history Polycab India Ltd.—For the fiscal year 2024–2025, a dividend recommendation of 350%, or ₹ 35 per equity share with a face value of ₹ 10 each, was approved by Polycab India. The dividend is subject to member approval at the subsequent Annual General Meeting. Alkyl Amines Chemicals—For the fiscal year (F.Y.) 2024–2025, a final dividend of Rs. 10 per equity share of Rs. 2 each (i.e., 500% considering the face value of the share) has been approved by Alkyl Amines Chemicals. Following approval by the shareholders at the subsequent Annual General Meeting, the same will be payable to the investors. Disclaimer: The views and recommendations made above are those of individual analysts or broking companies and not of Mint. We advise investors to check with certified experts before making any investment decisions.
&w=3840&q=100)
Business Standard
2 days ago
- Business
- Business Standard
Vedanta, 2 others to trade ex-dividend on June 24; do you own any?
Dividend stocks: Shares of Vedanta, Polycab India, and Alkyl Amines Chemicals are set to remain in spotlight today, June 23, following their announcement of dividend rewards for their shareholders. These shares, BSE data suggest, will trade ex-dividend tomorrow, June 24. The ex-dividend date is when a stock starts trading without the right to receive the declared dividend. To be eligible, investors must own the stock before this date. Companies determine the list of eligible shareholders based on their records on the record date. Vedanta dividend 2025 Metal and mining major Vedanta informed the exchanges that its board of directors has considered and approved the first interim dividend of ₹7 per equity share on face value of ₹1 per equity share for the Financial Year 2025-26, amounting to ₹2,737 crore. The record date for the purpose of payment of dividend, Vedanta said, shall be Tuesday, June 24, 2025, and the interim dividend shall be duly paid within the stipulated timelines as prescribed under law. Polycab India dividend 2025 Wires and cables manufacturer Polycab India 's board has recommended a dividend @ 350 per cent i.e. ₹35 per equity share of face value of ₹10 each for the Financial Year 2024-25, subject to approval of members at the ensuing Annual General Meeting. "The dividend, if approved by the members in the ensuing Annual General Meeting, will be paid on or before 30 days from the date of the Annual General Meeting," said the company in an exchange filing. Alkyl Amines Chemicals dividend 2025 Specialty chemicals manufacturer Alkyl Amines Chemicals has informed the exchanges that its board has recommended a final dividend of ₹10 per equity share of ₹2 each (i.e., 500 per cent) for the Financial Year (F.Y.) 2024-25. The dividend is, however, subject to approval by the shareholders at the ensuing Annual General Meeting. Alkyl Amines Chemicals has fixed Tuesday, June 24, 2025, as the 'record date' for determining entitlement of members to dividend for the financial year ended March 31, 2025, if approved at the AGM.
Business Standard
09-05-2025
- Business
- Business Standard
Alkyl Amines Chemicals standalone net profit rises 19.69% in the March 2025 quarter
Sales rise 8.25% to Rs 386.05 crore Net profit of Alkyl Amines Chemicals rose 19.69% to Rs 46.02 crore in the quarter ended March 2025 as against Rs 38.45 crore during the previous quarter ended March 2024. Sales rose 8.25% to Rs 386.05 crore in the quarter ended March 2025 as against Rs 356.62 crore during the previous quarter ended March 2024. For the full year,net profit rose 25.02% to Rs 186.11 crore in the year ended March 2025 as against Rs 148.87 crore during the previous year ended March 2024. Sales rose 9.11% to Rs 1571.82 crore in the year ended March 2025 as against Rs 1440.61 crore during the previous year ended March 2024. Particulars Quarter Ended Year Ended Mar. 2025 Mar. 2024 % Var. Mar. 2025 Mar. 2024 % Var. Sales 386.05356.62 8 1571.821440.61 9 OPM % 17.5719.29 - 18.5217.39 - PBDT 76.9670.77 9 319.87261.39 22 PBT 59.3553.34 11 248.64202.47 23 NP 46.0238.45 20 186.11148.87 25
Business Standard
09-05-2025
- Business
- Business Standard
Alkyl Amines Q4 PAT rises 20% YoY to Rs 46 cr; declares dividend of Rs 10/sh
Alkyl Amines Chemicals reported a 19.69% jump in net profit to Rs 46.02 crore on an 8.25% rise in revenue from operations to Rs 386.05 crore in Q4 FY25 over Q4 FY24. Profit before tax in the fourth quarter of FY25 stood at Rs 59.35 crore, up by 11.27% from Rs 53.34 crore in Q4 FY24. Total expenses grew 9.85% YoY to Rs 336.02 crore in the March 2025 quarter. The cost of materials consumed stood at Rs 216.77 crore (up 8.84%), while other expenses were at Rs 84.49 crore (up 1.67% YoY) during the period under review. On a full-year basis, the company's net profit jumped 25.04% to Rs 186.14 crore on a 9.11% rise in revenue to Rs 1,571.82 crore in FY25 over FY24. Meanwhile, the board has recommended a final dividend of Rs 10 per equity share of Rs 2 each for FY 24-25. Alkyl Amines Chemicals is a global supplier of aliphatic amines, specialty amines and amine derivatives to the pharmaceutical, agrochemical, water treatment, rubber chemical and a variety of industries. Shares of Alkyl Amines Chemicals fell 2.63% to Rs 1,631.70 on the BSE.
