Elara Capital Maintains Accumulate Rating on Alkyl Amines with Target Price of ₹21,927
Elara Capital has maintained an Accumulate rating on Alkyl Amines Chemicals with a target price of ₹21,927, supported by stable Q4FY26 performance, price pass-through, and specialty product ramp-up. Recovery in the acetonitrile segment amid easing China imports and stable ethylamines dynamics are cited as positives. However, methylamines overcapacity, limited margin expansion, and FY27 being a consolidation phase are expected to result in only a gradual earnings recovery rather than a full-cycle upturn.
Alkyl Amines Chemicals Declares ₹10.00 Per Share Dividend
Alkyl Amines Chemicals Ltd. has announced a dividend of ₹10.00 per share. The company, known for producing aliphatic amines and amine derivatives, has demonstrated confidence in its financial position through this payout. This decision reflects stable financial performance and a strong cash flow position. The exact record and payment dates for the dividend have not been specified.
Alkyl Amines Chemicals, a leading manufacturer of aliphatic amines, has reported strong Q4 results. Revenue increased by 8.43% to ₹386.00 crore, while net profit surged by 17.95% to ₹46.00 crore. EBITDA grew marginally by 1.95% to ₹68.00 crore, though the EBITDA margin declined by 170 basis points to 17.60%. The company has recommended a final dividend of ₹10.00 per equity share.