Acutaas Chemicals Ltd
Ami Organics Limited is one of the leading research and development-driven manufacturers of specialty chemicals. The company manufactures different types of Advanced Pharmaceutical Intermediates and Active Pharmaceutical Ingredients (API) for New Chemical Entities, and materials for agrochemicals and fine chemicals.[1]
Strengths
- +Company is almost debt free.
- +Company is expected to give good quarter
- +Company has delivered good profit growth of 46.3% CAGR over last 5 years
Weaknesses
- −Stock is trading at 13.6 times its book value
- −Promoter holding has decreased over last 3 years: -6.75%
Shareholding Pattern
| Category | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters | 35.98% | 35.97%▼0.0 | 35.96%▼0.0 | 35.96% | 32.66%▼3.3 | 32.66% | 32.66% | 32.66% |
| FIIs | 12.93% | 13.87%▲0.9 | 15.52%▲1.7 | 16.48%▲1.0 | 16.94%▲0.5 | 16.84%▼0.1 | 16.67%▼0.2 | 19.48%▲2.8 |
| DIIs | 14.81% | 19.93%▲5.1 | 20.23%▲0.3 | 18.31%▼1.9 | 22.38%▲4.1 | 22.59%▲0.2 | 21.7%▼0.9 | 19.6%▼2.1 |
| Public | 36.28% | 30.24%▼6.0 | 28.27%▼2.0 | 29.22%▲0.9 | 28%▼1.2 | 27.89%▼0.1 | 28.96%▲1.1 | 28.24%▼0.7 |
Financial Statements
| Metric | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 162 | 220 | 171 | 244 | 271 | 304 | 206 | 305 | 391 | 422 |
| Expenses | 138 | 180 | 145 | 195 | 204 | 220 | 155 | 209 | 237 | 241 |
| Operating Profit | 24 | 40 | 26 | 48 | 67 | 84 | 51 | 97 | 154 | 181 |
| OPM % | 15% | 18% | 15% | 20% | 25% | 28% | 25% | 32% | 39% | 43% |
| Net Profit | 16 | 32 | 14 | 38 | 45 | 63 | 45 | 73 | 112 | 137 |
| EPS ₹ | 2.13 | 4.35 | 1.68 | 4.6 | 5.53 | 7.67 | 5.45 | 8.9 | 13.63 | 16.74 |
AI Insights
Mar 2026 revenue at ₹1,324Cr, up 33.7% YoY. OPM at 36%.
Borrowings at ₹32Cr. Debt-to-equity ratio: 0.02x. Healthy balance sheet.
CWIP at ₹228Cr (38% of fixed assets). Significant capex underway — growth runway building.
DIIs: 19.6% (+14.48pp change). FIIs: 19.48% (+12.75pp change). Promoters hold 32.66%.
ROCE improving from 0% (Mar 2017) to 33% (Mar 2026). Working capital days: 116.
PE 62.7x with 32.8% ROCE. Price is 1274% above book value of ₹204. Dividend yield: 0.05%.
Recent Announcements
- Announcement under Regulation 30 (LODR)-Investor Presentation 1d - Corporate Presentation which shall be discussed at the upcoming Investor Conferences/Meets is herewith enclosed.
- Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 14 May - Intimation of schedule of Conferences Meet as per details attached.
- Announcement under Regulation 30 (LODR)-Earnings Call Transcript 6 May - Transcript of Earnings Call for Q4 FY26 Financial Results held on April 30, 2026 is enclosed.
- Announcement under Regulation 30 (LODR)-Newspaper Publication 1 May - Newspaper Publication of Standalone and Consolidated Audited Financial Results for the fourth quarter and year ended on March 31, 2026 is attached.
- Compliances-Reg.24(A)-Annual Secretarial Compliance 1 May - Annual Secretarial Compliance Report for FY ended March 31, 2026; no non-compliances reported.
- Financial Year 2025 from bse
- Financial Year 2024 from bse
- Financial Year 2023 from bse