"We add matter to the world"Alkyl Amines Chemicals Ltd - CMP - 1250
About
Incorporated in 1979 by Mr Yogesh Kothari, Alkyl Amines is a leading manufacturer of aliphatic amines in India. Aliphatic amines are products derived from Ammonia (NH3) by displacement of H2 in the Ammonia molecule by other radicals (R) such as Methyl, Ethyl and Propyl.
Key Points
Business Leadership
The co. offers 100+ products, it is a global leader in many products including acetonitrile, DEHA, DMA-HCLA, and Triethylamine.
Product-Wise Revenue Mix
Aliphatic Amines: 47%
Amine Derivatives: 29%
Specialty Chemicals: 24%
Industries Served
The Co. serves several industries such as pharmaceuticals, agro-chemicals, water treatment chemicals, rubber chemicals, mining, foundry chemicals, surfactants, etc.
Geographical Split FY24
Apart from India, It has a global presence in Mexico, USA, UAE, China, Thailand, Spain; Ireland; United Kingdom, etc.
Domestic: 80%
International: 20%
Manufacturing Capabilities
The co. operates over 20 production plants over three manufacturing sites covering over 110 acres of land in the western states of Maharashtra and Gujarat. Capacity utilization was ~55% in H2 FY24.
It also has a Solar Plant at Bhoom, Maharashtra, and another one at Manwath, Maharashtra which was commissioned in Sept 2022.
Expansion Projects
The co. commissioned the ethylamine plant at about Rs. 375 Crs., which commenced commercial production in Oct 2023. It is planning to convert the old ethylamine plant into methylamines in the next 2 years (by FY26). The demand for ethylamines is expected to be 70,000 to 75,000 tons
Capex
Co. spent 120 Crs as Capex in FY24 towards routine maintenance capex and commissioned a solar plant.
In FY25, the co. will spend about Rs 60-80 Crs on capex, focusing on maintenance and debottlenecking.
Focus
The Co. continues to focus on sustainable growth by taking measures to increase its market share of existing products and also introducing new products.
This is just to boost my confidence. No Suggestions for buying. I will keep checking and updating my mistake if last post gone wrong...
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