Andhra Petrochemicals Ltd
ANDHRAPETAndhra Petrochemicals Ltd
ANDHRAPETPrice Chart
Scorecard
Performance
LowHasn't fared well - amongst the low performers
Valuation
AvgCan be considered moderately valued vs the market
Growth
LowLagging behind the market in financials growth
Profitability
HighShowing good signs of profitability & efficiency
Entry point
AvgThe stock is not in the overbought zone
Red flags
LowNo red flag found
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Key Metrics
No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
---|---|---|
9.60 | 1.14 | 2.68% |
Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
---|---|---|
30.27 | 3.43 | 1.35% |
Forecast & Ratings
Detailed Forecast Price
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
Company Profile
The Andhra Petrochemicals Limited is engaged in the manufacturing of oxo-alcohols like 2 Ethyl Hexanol and Butanols. Its products have applications in plasticizers, stabilizers, solvents, acrylates and finishing compounds for ink etc.
Peers
Compare with peersSolar Industries India Ltd
Linde India Ltd
Deepak Nitrite Ltd
Sumitomo Chemical India Ltd
Himadri Speciality Chemical Ltd
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Forecasts
Price
Revenue
Earnings
Price Forecast
Revenue Forecast
Earnings Per Share Forecast
Income
Balance Sheet
Cash Flow
Income Statement
Financial Year | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | TTM | ||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Total Revenue | 342.34 | 330.96 | 522.35 | 668.58 | 459.26 | 569.94 | 979.89 | 701.66 | 814.09 | 678.64 | ||||||||||
Raw Materials | 273.35 | 259.84 | 358.39 | 463.95 | 347.90 | 338.93 | 569.66 | 544.22 | 558.15 | 566.27 | ||||||||||
Power & Fuel Cost | 39.47 | 33.99 | 42.37 | 47.79 | 38.96 | 37.99 | 48.47 | 55.00 | 62.73 | |||||||||||
Employee Cost | 15.33 | 16.77 | 18.13 | 19.27 | 20.60 | 21.49 | 26.45 | 25.59 | 27.20 | |||||||||||
Selling & Administrative Expenses | 1.30 | 1.12 | 1.19 | 3.83 | 1.71 | 1.39 | 2.29 | 2.24 | 1.83 | |||||||||||
Operating & Other expenses | 15.96 | 5.54 | 33.66 | 22.34 | 14.28 | 29.04 | 9.19 | 21.31 | 54.61 | |||||||||||
EBITDA | -3.07 | 13.70 | 68.61 | 111.40 | 35.81 | 141.10 | 323.83 | 53.30 | 109.57 | 112.37 | ||||||||||
Depreciation/Amortization | 9.86 | 9.04 | 9.49 | 10.49 | 12.81 | 14.03 | 14.14 | 15.39 | 14.83 | 14.70 | ||||||||||
PBIT | -12.93 | 4.66 | 59.12 | 100.91 | 23.00 | 127.07 | 309.69 | 37.91 | 94.74 | 97.67 | ||||||||||
Interest & Other Items | 13.38 | 15.58 | 11.87 | 5.92 | 1.52 | 9.13 | 8.61 | 8.64 | 8.66 | 8.71 | ||||||||||
PBT | -26.31 | -10.92 | 47.25 | 94.99 | 21.48 | 117.94 | 301.08 | 29.27 | 86.08 | 88.96 | ||||||||||
Taxes & Other Items | -2.63 | -3.54 | 0.76 | 25.15 | 7.59 | 41.47 | 74.34 | 8.87 | 22.67 | 22.95 | ||||||||||
Net Income | -23.68 | -7.38 | 46.49 | 69.84 | 13.89 | 76.47 | 226.74 | 20.40 | 63.41 | 66.01 | ||||||||||
EPS | -2.79 | -0.87 | 5.47 | 8.22 | 1.63 | 9.00 | 26.68 | 2.40 | 7.46 | 7.77 | ||||||||||
DPS | 0.00 | 0.00 | 0.00 | 1.50 | 0.00 | 1.50 | 3.00 | 1.50 | 2.00 | 2.00 | ||||||||||
Payout ratio | 0.00 | 0.00 | 0.00 | 0.18 | 0.00 | 0.17 | 0.11 | 0.62 | 0.27 | 0.26 |
Company Updates
Annual report
PDFAnnual report
PDFAnnual report
PDFAnnual report
PDFAnnual report
PDFAnnual report
PDFAnnual report
PDFAnnual report
PDFAnnual report
PDFAnnual report
PDFPeers & Comparison
MaterialsCommodity Chemicals
Valuation
Technical
Forecast
Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
---|---|---|---|
Andhra Petrochemicals Ltd | 10.00 | 1.14 | 2.68% |
Solar Industries India Ltd | 115.62 | 28.20 | 0.08% |
Linde India Ltd | 135.97 | 17.02 | 0.17% |
Deepak Nitrite Ltd | 45.87 | 7.71 | 0.28% |
Price Comparison
Compare ANDHRAPET with any stock or ETFShareholdings
Promoter Holdings Trend
Total Promoter Holding
In last 6 months, promoter holding in the company has almost stayed constant
Low Pledged Promoter Holding
Pledged promoter holdings is insignificant
Institutional Holdings Trend
Increased Total Retail Holding
In last 3 months, retail holding in the company has increased by 1.63%
Foreign Institutional Holding
In last 3 months, foreign institutional holding of the company has almost stayed constant
Shareholding Pattern
Dec 2023
Mar 2024
Jun 2024
Sep 2024
Shareholding History
smallcases
Looks like this stock is not in any smallcase yet.
Events
Dividend Trend
No dividend trend available
Dividends
Corp. Actions
Announcements
Legal Orders
Upcoming Dividends
No upcoming dividends are available
Past Dividends
Cash Dividend
Ex DateEx DateJun 28, 2024
Dividend/Share
₹2.00
Ex DateEx Date
Jun 28, 2024
Cash Dividend
Ex DateEx DateJul 25, 2023
Dividend/Share
₹1.50
Ex DateEx Date
Jul 25, 2023
Cash Dividend
Ex DateEx DateSep 12, 2022
Dividend/Share
₹1.50
Ex DateEx Date
Sep 12, 2022
Cash Dividend
Ex DateEx DateFeb 25, 2022
Dividend/Share
₹1.50
Ex DateEx Date
Feb 25, 2022
Cash Dividend
Ex DateEx DateSep 16, 2021
Dividend/Share
₹1.50
Ex DateEx Date
Sep 16, 2021
Net loss of Andhra Petrochemicals reported to Rs 3.63 crore in the quarter ended September 2024 as against net profit of Rs 8.47 crore during the previous quarter ended September 2023. Sales declined 42.27% to Rs 104.29 crore in the quarter ended September 2024 as against Rs 180.64 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales104.29180.64 -42 OPM %-5.056.49 - PBDT-0.7316.03 PL PBT-4.3912.31 PL NP-3.638.47 PL Powered by Capital Market - Live
Andhra Petrochemicals will hold a meeting of the Board of Directors of the Company on 9 November 2024.Powered by Capital Market - Live
The agency has also affirmed the company's short term rating at '[ICRA] A2+'. ICRA stated that the reaffirmation of the ratings factor in The Andhra Petrochemicals' (APL) established track record in manufacturing oxo-alcohols in India and its financial risk profile characterised by healthy capital structure and comfortable coverage metrics. The company's long-term debt is nil, and its working capital utilisation is low. The liquidity profile has remained strong with healthy unencumbered cash & cash equivalents of nearly Rs 350.15 crore as on 31 March 2024, along with liquid investments of Rs 64.46 crore. ICRA also notes that the company benefits from the trade protection measures, such as the anti-dumping duty (ADD) imposed on several countries for the import of NBA and 2EH, and the duopoly in the domestic oxo-alcohol market with Bharat Petroleum Corporation (BPCL) being the other player. ICRA also takes note of APL being a part of The Andhra Sugars Group. The ratings are constrained by the exposure of APL's profitability to the fluctuation in the spread between oxo-alcohols and feedstock. The operating margins declined sharply in FY2023 owing to the reduction in the spreads after product prices dropped because of subdued global demand, though there is recovery in margins since Q2 FY2024 resulting in improved margins in FY2024. However, the margins remain exposed to continued weak global demand scenario. Moreover, APL is exposed to force majeure risk because of its dependence on a single supplier (HPCL) for the key raw material, propylene. ICRA notes that in the last three years, in times of requirement and healthy margins, the company has been procuring the raw material from BPCL-Kochi and Gas Authority of India Limited (GAIL)-Pata, though at a higher cost, which provides some diversification. ICRA also notes that the company's earlier planned sizeable proposed capex plans to set up facilities for the production of value-added products are on hold until there is a sustained improvement in the global scenario. The company has moderate capex plans in the near term towards value-added product, to be funded by internal accruals. The Andhra Petrochemicals (APL)is one of the two producers of oxo-alcohols in India. Oxo-alcohol is primarily used as a raw material to manufacture PVC plasticisers. APL's factory is located adjacent to HPCL's Visakhapatnam refinery, with which it has entered into a long-term contract for the procurement of propylene, the key raw material in the manufacturing process. Powered by Capital Market - Live
Andhra Petrochemicals standalone net profit rises 1248.31% in the June 2024 quarter
Net profit of Andhra Petrochemicals rose 1248.31% to Rs 15.91 crore in the quarter ended June 2024 as against Rs 1.18 crore during the previous quarter ended June 2023. Sales declined 32.02% to Rs 129.62 crore in the quarter ended June 2024 as against Rs 190.67 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales129.62190.67 -32 OPM %14.920.77 - PBDT24.705.16 379 PBT21.081.48 1324 NP15.911.18 1248 Powered by Capital Market - Live
Ramco Systems: Can the downtrend reverse?
Andhra Petrochemicals standalone net profit declines 98.26% in the December 2022 quarter
Andhra Petrochemicals to resume plant operations from Sep 1; Stock surges 2.7%
Andhra Petrochemicals standalone net profit rises 125.71% in the December 2021 quarter
Andhra Petrochemicals standalone net profit rises 1151.66% in the September 2021 quarter
Lower than Industry Revenue Growth
Over the last 5 years, revenue has grown at a yearly rate of 4.02%, vs industry avg of 9.38%
Decreasing Market Share
Over the last 5 years, market share decreased from 0.92% to 0.7%
Lower than Industry Net Income
Over the last 5 years, net income has grown at a yearly rate of -1.91%, vs industry avg of 4.35%