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Alkyl Amines Chemicals Limited (ALKYLAMINE)

📊 NSE: ALKYLAMINE 🏢 Chemicals 📅 Last Updated: 12/13/2025 18:09

📢 Recent Corporate Announcements

Alkyl Amines Issues Postal Ballot for Leadership Re-Designations and Director Remuneration

🟡 NEUTRAL ⭐ 4/10

MANAGEMENT 📅 18 Aug 2026, 02:06 PM

Alkyl Amines Chemicals Limited has issued a Postal Ballot notice seeking shareholder approval for key managerial re-designations effective October 1, 2026. Proposed changes include re-designating Mr. Yogesh M. Kothari as Executive Chairman until March 31, 2030, and appointing Mr. Kirat M. Patel and Mr. Suneet Y. Kothari as Joint Managing Directors until December 31, 2029. Additionally, the company seeks approval for appointing Mr. Rakesh Goyal as Executive Director (Operations) for 5 years starting April 1, 2027, and renewing non-executive director commission up to 1% of net profits. Remote e-voting runs from August 21, 2026, to September 19, 2026, with results declared by September 22, 2026.

Re-designation of Mr. Yogesh M. Kothari as Executive Chairman w.e.f. October 1, 2026 to March 31, 2030
Re-designation of Mr. Kirat M. Patel and Mr. Suneet Y. Kothari as Joint MDs w.e.f. October 1, 2026 to December 31, 2029
Appointment of Mr. Rakesh Goyal as Executive Director (Operations) for 5 years from April 1, 2027, with 0.40% profit commission
Approval sought for payment of commission not exceeding 1% of net profit to Non-Executive Directors for 5 years from April 1, 2027
E-voting window open between August 21, 2026, and September 19, 2026; results due by September 22, 2026

💡 Track the outcome of the postal ballot voting to be declared on or before September 22, 2026, regarding governance and top management role transitions.

Alkyl Amines Q1 PAT Jumps 91% to ₹94.6 Cr; Announces Top Management Succession Plan

🟢 POSITIVE ⭐ 8/10

MANAGEMENT 📅 04 Aug 2026, 02:47 PM

Alkyl Amines reported a robust Q1 FY27 with revenue growing 30.2% YoY to ₹528.01 Cr and Net Profit surging 91.4% YoY to ₹94.63 Cr. The company has initiated a leadership transition where the founder, Mr. Yogesh M. Kothari (77), will move from CMD to Executive Chairman effective October 1, 2026. Concurrently, Mr. Kirat M. Patel and Mr. Suneet Y. Kothari have been elevated to Joint Managing Directors to ensure business continuity. The board also approved a 1% net profit commission for Non-Executive Directors starting FY28.

Q1 FY27 Net Profit increased 91.4% YoY to ₹94.63 Cr from ₹49.44 Cr in the previous year.
Revenue from operations grew 30.2% YoY to ₹528.01 Cr for the quarter ended June 30, 2026.
Leadership transition effective October 1, 2026, creating two Joint Managing Director positions.
Mr. Rakesh Goyal re-appointed as Executive Director - Operations for a 5-year term until 2032.
Non-Executive Director commission approved at a rate not exceeding 1% of net profits for 5 years.

💡 Investors should monitor the smooth transition of executive responsibilities in October 2026 and track if the sharp margin improvement in Q1 is sustainable across the fiscal year.

91% PAT Growth in Q1 FY27; Management Re-designation for Succession Planning

🟢 POSITIVE ⭐ 8/10

EARNINGS 📅 04 Aug 2026, 02:30 PM

Alkyl Amines reported a robust Q1 FY27 with revenue growing 30.2% YoY to ₹528.01 cr and PAT surging 91.4% YoY to ₹94.63 cr. The board approved a significant leadership transition effective October 1, 2026, elevating two directors to Joint Managing Director roles to ensure business continuity. Profitability showed sharp improvement with Profit Before Tax (PBT) rising to ₹124.67 cr from ₹66.34 cr in the year-ago quarter. The company also proposed a 1% commission on net profits for non-executive directors starting FY28.

Revenue from operations increased 30.2% YoY to ₹528.01 cr in Q1 FY27
Net Profit (PAT) surged 91.4% YoY to ₹94.63 cr compared to ₹49.44 cr in Q1 FY26
Profit Before Tax (PBT) nearly doubled to ₹124.67 cr from ₹66.34 cr YoY
Management reshuffle elevates Mr. Kirat M. Patel and Mr. Suneet Y. Kothari to Joint Managing Directors
Proposed commission for Non-Executive Directors capped at 1% of net profits for 5 years from April 2027

💡 Monitor the sustainability of these improved margins and the volume ramp-up from the ₹400 cr Ethyl Amines plant. Investors should also track the shareholder approval process for the proposed management re-designations via postal ballot.

Alkyl Amines Shareholders Approve ₹10 Dividend and FY26 Financials at 46th AGM

🟡 NEUTRAL ⭐ 3/10

ROUTINE 📅 07 Jul 2026, 06:39 PM

Alkyl Amines Chemicals Limited has announced the voting results of its 46th Annual General Meeting held on July 3, 2026. Shareholders approved all four resolutions, including the adoption of FY26 audited financial statements and a dividend of ₹10 per share (500% of face value). The dividend resolution received 100% approval from the votes polled. The company continues to maintain a strong balance sheet with a TTM PAT of ₹206 Cr and negligible debt of ₹1 Cr.

Dividend of ₹10 per share approved for the financial year ended March 31, 2026.
Resolution for adoption of FY26 financial statements passed with 3,94,02,227 votes in favor (100%).
Re-appointment of Director Mr. Premal N. Kapadia approved with 96.22% votes in favor.
Total of 58 shareholders attended the meeting through video conferencing.
Remote e-voting period was conducted from June 30 to July 2, 2026.

💡 Investors should note the formal approval of the ₹10 dividend; the next key monitorable is the execution and ramp-up of the ₹400 Cr Ethyl Amines plant to drive the targeted 10-15% growth.

Alkyl Amines Submits Routine Quarterly Dematerialization Certificate for Q1 FY27

🟡 NEUTRAL ⭐ 2/10

ROUTINE 📅 07 Jul 2026, 02:38 PM

Alkyl Amines Chemicals Limited has filed its quarterly compliance certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018. The document confirms that share certificates received for dematerialization during the quarter ended June 30, 2026, were processed and the names of depositories were updated in the register of members. This is a standard administrative filing issued by the company's Registrar and Share Transfer Agent, MUFG Intime India Private Limited. It has no impact on the company's financial health or business operations.

Compliance certificate issued for the quarter ended June 30, 2026
Registrar MUFG Intime India Private Limited confirmed processing of demat requests within prescribed timelines
Securities comprised in the certificates have been listed on the relevant stock exchanges
Physical certificates were mutilated and cancelled after due verification

💡 This is a routine regulatory filing. Investors should monitor the company's upcoming quarterly financial results for updates on the ramp-up of the Rs 400 Cr Ethyl Amines plant.

₹10 Dividend Declared; Anti-Dumping Duty on Acetonitrile Approved at 46th AGM

🟢 POSITIVE ⭐ 6/10

BOARD_MEETING 📅 03 Jul 2026, 07:57 PM

Alkyl Amines Chemicals Limited concluded its 46th AGM, confirming a dividend of ₹10 per share for FY26. A significant regulatory update was shared regarding the Ministry of Finance's approval for anti-dumping duties on Acetonitrile imports, which is expected to bolster the company's domestic market position. Management also disclosed that they are evaluating new capital expenditure for equipment upgrades and capacity expansions across all three manufacturing sites. Despite geopolitical concerns in West Asia, the company remains focused on increasing market share and new product introductions for FY27.

Declared a final dividend of ₹10 per share on a face value of ₹2 for FY26.
Received Ministry of Finance approval for the imposition of anti-dumping duty on Acetonitrile imports.
Evaluating new capital expenditure projects for capacity expansion across 3 manufacturing sites.
Remote e-voting concluded on July 2, 2026, with the AGM held via video conferencing on July 3, 2026.
Management confirmed a focus on sustainable growth and market share expansion for the 2026-27 financial year.

💡 Investors should monitor the specific scale and timeline of the newly proposed capex once finalized, and track the margin improvement in the Acetonitrile segment following the anti-dumping duty implementation.

Alkyl Amines Allots 2,125 Equity Shares Under ESOP 2018

🟡 NEUTRAL ⭐ 3/10

ROUTINE 📅 16 Jun 2026, 06:13 PM

Alkyl Amines Chemicals Limited has approved the allotment of 2,125 equity shares to employees under its Employee Stock Option Plan 2018. The allotment was made at exercise prices of Rs. 280 and Rs. 1,040 per share. Consequently, the company's paid-up equity share capital has increased from Rs. 10,22,88,104 to Rs. 10,22,92,354. This is a routine exercise of options and results in a negligible dilution of the existing shareholding.

Allotment of 2,125 equity shares of face value Rs. 2 each.
Total paid-up equity shares increased to 5,11,46,177 from 5,11,44,052.
Exercise prices for the shares were fixed at Rs. 280 and Rs. 1,040 per share.
Post-allotment paid-up capital stands at Rs. 10,22,92,354.
New shares rank pari passu with existing equity shares of the company.

💡 No action is required as the equity dilution is extremely minimal (approximately 0.004%). Investors should continue to monitor the company's core business performance.

Alkyl Amines Dispatches Web-Link for FY 2025-26 Annual Report to Shareholders

🟡 NEUTRAL ⭐ 2/10

ROUTINE 📅 09 Jun 2026, 07:38 PM

Alkyl Amines Chemicals Limited has initiated the dispatch of physical letters to shareholders whose email addresses are not registered with the company or depositories. These letters, sent on June 9, 2026, provide the specific web-link and navigation path to access the Annual Report for the financial year 2025-26. This action is a standard compliance measure under Regulation 36(1)(b) of SEBI (LODR) Regulations, 2015. The information is also hosted on the company's official investor relations website for public access.

Dispatch of Annual Report FY 2025-26 access details commenced on June 9, 2026.
Complies with SEBI (Listing Obligations and Disclosure Requirements) Regulation 36(1)(b).
Specifically targets shareholders without registered email addresses in RTA/Depository records.
Provides a direct web-link and path for digital access to the full annual report.
Information is simultaneously made available on the company's website under the announcements section.

💡 This is a routine administrative update; investors should review the Annual Report once accessed to evaluate the company's FY26 performance. No immediate portfolio action is required based on this notification.

Alkyl Amines Dispatches Annual Report and BRSR Web-link for FY 2025-26

🟡 NEUTRAL ⭐ 3/10

ROUTINE 📅 09 Jun 2026, 07:11 PM

Alkyl Amines Chemicals Limited has informed the exchanges that it has commenced the dispatch of physical letters to shareholders whose email addresses are not registered with the company. These letters, sent on June 9, 2026, provide the specific web-link and navigation path to access the Annual Report and Business Responsibility and Sustainability Report (BRSR) for the financial year 2025-26. This action is a standard compliance measure under Regulation 36(1)(b) of SEBI (LODR) Regulations, 2015. The reports are also available for public viewing on the company's official investor relations website.

Dispatch of letters to shareholders without registered emails initiated on June 9, 2026.
Letters contain the direct web-link to the Annual Report and BRSR for the financial year 2025-26.
Complies with Regulation 36(1)(b) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The information is hosted on the company's website under the 'Announcements' section for all investors.

💡 Investors should access the Annual Report via the provided link to review the company's detailed financial performance and sustainability disclosures for FY 2025-26. This is a routine administrative update and does not require any immediate trading action.

Alkyl Amines Announces 46th AGM, Proposes 500% Dividend for FY 2025-26

🟡 NEUTRAL ⭐ 6/10

BOARD_MEETING 📅 09 Jun 2026, 06:27 PM

Alkyl Amines Chemicals Limited has scheduled its 46th Annual General Meeting (AGM) for July 3, 2026, via video conferencing. The company has proposed a final dividend of ’ 10 per share (500% on a face value of ’ 2) for FY 2025-26, with June 26, 2026, fixed as the record date. Financially, the company reported a slight decline in gross revenue to ’ 1,70,579.83 lakhs for FY26 compared to ’ 1,74,197.96 lakhs in FY25. Profit After Tax (PAT) also decreased by 3.29% to ’ 17,999.91 lakhs from ’ 18,611.44 lakhs in the previous fiscal year.

Proposed dividend of ’ 10 per share (500%) on a face value of ’ 2 for the financial year ended March 31, 2026.
Gross Revenue for FY 2025-26 stood at ’ 1,70,579.83 lakhs, a minor decline of 2.08% year-on-year.
Profit After Tax (PAT) decreased by 3.29% to ’ 17,999.91 lakhs, down from ’ 18,611.44 lakhs in FY 2024-25.
EBIDTA for FY 2025-26 was ’ 31,629.58 lakhs with an EBIDTA margin of 18.54% to Gross Revenue.
Record date for dividend entitlement is set for Friday, June 26, 2026, with payment starting on or after July 14, 2026.

💡 Investors seeking the 500% dividend payout should ensure they hold the stock before the record date of June 26, 2026. Long-term investors should monitor the company's stagnant revenue growth and slight margin compression over the last fiscal year.

Alkyl Amines Clarifies on Volume Spurt; No Undisclosed Material Information

🟡 NEUTRAL ⭐ 3/10

REGULATORY 📅 03 Jun 2026, 10:21 AM

Alkyl Amines Chemicals Limited has responded to a clarification request from the National Stock Exchange (NSE) regarding a recent significant increase in trading volume. The company stated on June 3, 2026, that it has already made all necessary disclosures as per SEBI Regulation 30. Management confirmed there is no pending or undisclosed information that could impact the stock's price or volume behavior. Consequently, the company is unaware of the specific reasons behind the recent market activity in its shares.

NSE issued a surveillance letter (NSE/CM/Surveillance/17037) on June 2, 2026, seeking clarification on volume spikes.
Company confirms full compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Management explicitly denies having any price-sensitive information or impending announcements that would affect trading.
The response clarifies that the volume movement is not linked to any internal corporate developments known to the board.

💡 Investors should note that the recent volume increase appears to be market-driven rather than fundamental, as the company has denied any undisclosed news. Continue to monitor the stock based on existing fundamentals and technical levels rather than speculative rumors.

Alkyl Amines Sets June 26, 2026, as Record Date for Dividend Entitlement

🟡 NEUTRAL ⭐ 4/10

DIVIDEND 📅 28 May 2026, 05:20 PM

Alkyl Amines Chemicals Limited has officially fixed June 26, 2026, as the record date to identify shareholders eligible for the dividend of FY 2025-26. The dividend payment is contingent upon approval by shareholders at the upcoming 46th Annual General Meeting. This meeting is scheduled to take place on July 3, 2026, via video conferencing. This announcement follows the completion of the financial year ending March 31, 2026.

Record date for dividend eligibility is Friday, June 26, 2026
46th Annual General Meeting (AGM) to be held on July 3, 2026
Dividend pertains to the financial year ended March 31, 2026
AGM will be conducted through Video Conferencing / Other Audio-Visual Means

💡 Investors should ensure they hold shares before the ex-dividend date to be eligible for the payout. Monitor the AGM outcomes for final approval and the specific dividend amount.

Alkyl Amines Sets July 3 for 46th AGM; June 26 Fixed as Record Date for Dividend

🟡 NEUTRAL ⭐ 4/10

DIVIDEND 📅 28 May 2026, 05:14 PM

Alkyl Amines Chemicals Limited has scheduled its 46th Annual General Meeting (AGM) for July 3, 2026, to be conducted via video conferencing. The company has established June 26, 2026, as the record date to identify shareholders eligible for the dividend for the financial year ended March 31, 2026. This dividend payout is subject to formal approval by the members during the AGM. Investors should monitor the company's annual report for the specific dividend amount recommended by the board.

46th Annual General Meeting (AGM) to be held on Friday, July 3, 2026, at 3:00 P.M. IST.
Record date for determining dividend entitlement fixed as Friday, June 26, 2026.
Dividend pertains to the financial year ended March 31, 2026, pending shareholder approval.
The meeting will be held through Video Conferencing / Other Audio-Visual Means.

💡 Investors seeking to receive the dividend should ensure they hold the company's shares before the record date of June 26, 2026. Review the AGM proceedings for updates on company performance and future guidance.

Alkyl Amines Launches 'Saksham Niveshak' Campaign to Resolve Unclaimed Dividends

🟡 NEUTRAL ⭐ 3/10

ROUTINE 📅 27 May 2026, 06:41 PM

Alkyl Amines Chemicals has launched the 'Saksham Niveshak' campaign, a 100-day initiative directed by the Ministry of Corporate Affairs to assist shareholders in claiming unpaid dividends. The program targets funds and shares that have remained unclaimed for seven consecutive years, which are otherwise liable for transfer to the Investor Education and Protection Fund (IEPF). Investors are required to update their KYC details and submit claims to the Registrar, MUFG Intime Private Limited, by July 9, 2026. This move reflects the company's commitment to shareholder transparency and regulatory compliance.

100-day 'Saksham Niveshak' campaign launched to facilitate recovery of unpaid dividends.
Covers unclaimed dividends for the past 7 years to prevent transfer to the IEPF.
Deadline for shareholders to submit documents and claim entitlements is July 9, 2026.
Requires mandatory KYC compliance including PAN, bank details, and specimen signatures for processing claims.

💡 Investors should verify their status on the company's website and ensure all KYC details are updated with the RTA to claim any pending dividends. Action must be taken before July 9, 2026, to avoid the transfer of shares and funds to the IEPF.

Alkyl Amines Clarifies on Significant Volume Spurt; No Undisclosed Information

🟡 NEUTRAL ⭐ 3/10

ROUTINE 📅 15 May 2026, 09:26 AM

Alkyl Amines Chemicals Limited has responded to a surveillance inquiry from the National Stock Exchange regarding a recent significant increase in trading volume. The company clarified that it has made all necessary disclosures under SEBI Regulation 30 and is not withholding any price-sensitive information. Management stated they have no knowledge of any impending announcements or reasons that could have triggered the volume movement. This response is a standard regulatory procedure following unusual market activity in the scrip.

NSE issued a surveillance letter (Ref: NSE/CM/Surveillance/17004) on May 14, 2026, regarding volume spurt.
Company confirmed full compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Management explicitly stated there is no undisclosed information that could impact price or volume behavior.
The official response was filed on May 15, 2026, by the General Manager (Legal) & Company Secretary.

💡 Investors should note that the volume increase is currently not backed by any official fundamental news or corporate actions. Exercise caution and avoid speculative trading based solely on volume spikes without fundamental changes.

View All ALKYLAMINE Announcements on Live Market Tracking →

💰 Financial Performance

Revenue Growth by Segment

The company operates in a single segment, Specialty Chemicals, which generated a total income of INR 1,601.62 Cr in FY25, representing a 10% growth compared to INR 1,455.66 Cr in FY24. Domestic sales grew 9.1% to INR 1,391.47 Cr from INR 1,275.65 Cr YoY.

Geographic Revenue Split

Domestic sales contributed 86.8% (INR 1,391.47 Cr) of total income in FY25. Export sales contributed 21.4% (INR 343.09 Cr) of total income in FY25, up 7.9% from INR 317.79 Cr in FY24. Exports are expected to increase gradually over the medium term.

Profitability Margins

Profitability has seen compression; PAT margins declined from 13.48% in FY23 to 10.23% in FY24. Profit Before Tax (PBT) for FY25 was INR 248.64 Cr, a 22.8% increase from INR 202.47 Cr in FY24, though margins remain sensitive to raw material price volatility.

EBITDA Margin

Operating margins remained above 20% in FY23 despite raw material volatility. However, credit rating sensitivities suggest a downward risk if margins drop below 17-18% on a sustained basis due to loss of market share or inability to pass on input costs.

Capital Expenditure

The company recently completed a major capital expenditure of INR 400 Cr for a new Ethyl Amines plant at the Kurkumbh site in Maharashtra, which is now fully operational. Further investments in various projects are expected to add to the top-line in FY26.

Credit Rating & Borrowing

The company holds a 'CRISIL AA-/Stable' long-term rating and 'CRISIL A1+' short-term rating (upgraded in May 2023). It maintains a strong financial risk profile with nil long-term debt and low bank limit utilization of approximately 29%.

⚙️ Operational Drivers

Raw Materials

Key raw materials include Alcohols (Ethanol and Methanol), Ammonia, and Acetic Acid. These inputs are highly volatile; Ethanol is linked to the sugar cycle, while Methanol is driven by crude oil prices and global demand-supply dynamics.

Import Sources

Raw materials are sourced both domestically and through imports. Methanol prices are specifically noted to be driven by international market dynamics, and a portion of raw material requirements is met through imports, exposing the company to forex risks.

Key Suppliers

Not specifically named in the documents, but the company relies on suppliers from the sugar industry for Ethanol and international commodity markets for Methanol and Ammonia.

Capacity Expansion

Current saleable capacity is approximately 1.5 lakh tons (representing 75% of total production). A new Ethyl Amines plant (INR 400 Cr investment) is fully operational, and a 5,000-ton capacity for Diethyl Ketone (DEK) was previously commercialized.

Raw Material Costs

Raw material costs are a significant portion of the cost structure. Ammonia prices have recently softened, but the company operates in an oligopolistic environment where passing on price increases can be difficult, making margins susceptible to unfavorable price movements.

Manufacturing Efficiency

The company focuses on ramp-ups in enhanced capacities and sustained operating efficiency backed by volume growth. Approximately 25% of production is consumed internally for derivative manufacturing.

📈 Strategic Growth

Expected Growth Rate

10-15%

Growth Strategy

Growth will be driven by the ramp-up of the new INR 400 Cr Ethyl Amines plant, increasing the contribution of the export segment (target for gradual increase), and expanding the product range in the specialty chemicals and amine derivatives segments.

Products & Services

Aliphatic amines (Ethylamine, Methylamine), amine derivatives, specialty chemicals, and Diethyl Ketone (DEK). These are sold to the pharmaceutical, agro-chemical, water treatment, and rubber chemical industries.

Brand Portfolio

Alkyl Amines Chemicals Limited (AACL).

New Products/Services

The company is expanding its product range and recently commercialized Diethyl Ketone (DEK) with a 5,000-ton capacity, although current utilization is under pressure due to agrochemical market conditions.

Market Expansion

The company is focusing on increasing its export footprint (currently 21.4% of revenue) and leveraging its leadership position in the domestic oligopolistic amines market to capture growing demand in Asia.

Market Share & Ranking

AACL is a leading player with a significant and dominant market share in the Indian aliphatic amines industry, which is characterized as oligopolistic.

Strategic Alliances

The company was promoted by Mr. Yogesh Kothari and family in association with DSP Financial Consultants Ltd.

🌍 External Factors

Industry Trends

The chemical industry is shifting focus toward Asia. While the current environment is complex with subdued pricing, the long-term trend is growing demand for amines in pharma and agro-chemicals, with the industry evolving toward more complex supply chains.

Competitive Landscape

The industry is oligopolistic with intense competition from both local and international producers. AACL is one of the top players in India.

Competitive Moat

The moat is built on a leadership position in an oligopolistic market, high entry barriers due to complex manufacturing, and a strong financial profile with nil long-term debt, making it highly sustainable.

Macro Economic Sensitivity

Highly sensitive to commodity price cycles (sugar and crude oil) and inflationary pressures. A sustained operating margin below 17% is a key monitorable for credit rating downgrades.

Consumer Behavior

Demand is driven by end-user industries like pharmaceuticals and agro-chemicals; recent pressure in the agro-chemical sector has led to lower utilization for specific products like DEK.

Geopolitical Risks

Recent performance in H1 FY26 was described as 'subdued' due to geopolitical pressures and actions by the US government affecting global demand and pricing.

⚖️ Regulatory & Governance

Industry Regulations

Operations are subject to statutory regulations regarding health, safety, and environment. The company underwent a secretarial audit for FY25 to ensure compliance with the Companies Act and SEBI Listing Regulations.

Environmental Compliance

The company adheres to 'Responsible Care' standards and monitors manufacturing sites for environmental protection and operational safety in line with statutory regulations.

⚠️ Risk Analysis

Key Uncertainties

Volatility in raw material prices (Ammonia, Methanol, Ethanol) and forex rates are the primary uncertainties. A decline in operating margins below 18% could trigger a rating downgrade.