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Report as on 20 August 2021 at 09:33 AM

HIGH
MANAGEMENT EFFICIENCY
Low Debt Andhra
Petrochem
Outstanding
Results in Jun 21 Strong buy

Bullish CMP: 149.85


Technical Trend
STOCK INFO:

Fair
BSE – 500012/ NSE – ANDHRAPET
Market Cap - Small Cap (Rs. 1,273 cr)
Sector – Petrochem
Valuation 52 w H/L (Rs.) – 197.4/25.8
Dividend Yield: 0%
Debt Equity: -0.24%
Return on Equity: 46.48%
Price to Book: 4.41

www.marketsmojo.com
Andhra Petrochem
CMP: 149.85 Strong Buy 87
Report as on 20 August 2021 at 09:33 AM
Strong Sell Sell Hold Buy Strong Buy

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WHY IT’S A STRONG BUY? IS THIS STOCK FOR YOU?


High Risk, High Return (1 Year)
High Management Efficiency with a high ROCE of
20.36% Absolute Risk Volatility
Adjusted
Company has a low Debt to Equity ratio (avg) at Andhra Petrochem 428.57% 7.69 55.74%
0.21 times SENSEX 44.83% 2.70 16.59%
With a growth in Net Profit of 33.49%, the How much should you buy? -
company declared Outstanding results in Jun 21 Overall Portfolio exposure to Andhra Petrochem should
-The company has declared positive results for the be less than 10%
last 3 consecutive quarters Overall Portfolio exposure to Petrochem should be less
-OPERATING PROFIT TO INTEREST(Q) Highest at than 30%
47.17 times (If sector exposure > 30%, please use optimiser tool to
-NET SALES(Q) Highest at Rs 244.07 cr see which are the best stocks to hold in Petrochem)
-PBDIT(Q) Highest at Rs 100.01 cr. When to exit? - We will constantly monitor the company
and suggest at the appropriate time to exit from the
Stock is technically in a Bullish range stock
-The technical trend has improved from Mildly
Bullish on 10-May-21 and has generated 108.56% RETURNS SUMMARY (Price + Dividend)
returns since then The stock gave a total returns of 433.86% in the last 1 year
-Multiple factors for the stock are Bullish like MACD, Outperforming Sensex returns of 44.83%
KST, DOW and OBV 200%

With ROE of 46.5, it has a Fair valuation with a 4.4 100%


Price to Book Value
-The stock is trading at a fair value compared to its 0%

average historical valuations


-100%
-Over the past year, while the stock has generated a
O 18

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return of 428.57%, its profits have risen by 6545.2%


Se -1 9

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Company is among the highest 1% of companies Andhra Petrochemicals Ltd SMLCAP


rated by MarketsMojo across all 4,000 stocks
-It is ranked 1 across all Small Cap and 4 across the
entire market Investors Returns (3 years) –

Period 6M 1Y 2Y 3Y
Stock (%) 204.39% 433.86% 277.91% 91.97%

WHAT ARE YOUR RISKS? Sector (%) 122.79% 122.79% 219.62% 58.86%
Sensex (%) 8.78% 44.83% 48.30% 44.61%
Despite the size of the company, domestic mutual
funds hold only 0.04% of the company
-Domestic mutual funds have capability to do in-depth
on-the-ground research on companies- their small
stake may signify either they are not comfortable at the
price or the business

MOJO PROFESSIONAL 1
Andhra Petrochem STRONG BUY | Report as on 20 August 2021 at 09:33 AM

BEFORE PROCEEDING AHEAD


This Real-Time Stock Analysis service is only for
PAID SUBSCRIBERS of www.marketsmojo.com

This Real-Time Stock Analysis Report was


generated on 20th August, 2021 at 09:33 AM, and
may not be valid if you are reading it later.

Some factors/data, as well as the buy/sell/hold call


might have changed.

To access the LATEST version of this report.

Click Here

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Andhra Petrochem STRONG BUY | Report as on 20 August 2021 at 09:33 AM

MANAGEMENT RISK

HIGH MANAGEMENT EFFICIENCY WITH A


HIGH ROCE OF 20.36%

ROCE
The company has been able to generate a Return on Capital
20.36% ROCE
Employed (avg) of 20.36% signifying high profitability per unit
of total capital (equity and debt)

Dividend Payout Ratio


The company has not declared dividend for the year
NA
Dividend Payout Ratio

Tax Ratio
High Tax Ratio signifies that the profits generated by the
38.71% Tax Ratio
company are real and it is making adequate contributions
towards by paying due taxes

Institutional Holding
Low Institutional Holdings at 0.03%- These investors have
0.03%
Institutional Holding
better capability and resources to analyse fundamentals of
companies than most retail investors

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Andhra Petrochem STRONG BUY | Report as on 20 August 2021 at 09:33 AM

CAPITAL STRUCTURE

COMPANY HAS A LOW DEBT TO EQUITY


RATIO (AVG) AT 0.21 TIMES
Total Debt Debt to Equity Ratio
Low Debt to Equity Ratio Jun 2021 79.25 0.21
Company’s average Debt to Equity ratio over the past few Jun 2020 84.06 0.35
years is low at 0.21 times
Jun 2019 6.23 0.42
No clear trend in Debt to Equity Ratio numbers Jun 2018 11.55 0.47
Jun 2017 65.45 0.43

Total Debt Debt to EBITDA Ratio


Average Debt to EBITDA Ratio Jun 2021 79.25 1.82
Company’s average Debt to EBITDA ratio over the past few Jun 2020 84.06 2.18
years is average at 1.96 times
Jun 2019 6.23 2.43
Debt to EBITDA Ratio has seen a high fall of -50% over previous Jun 2017 65.45 -1
period

Total Debt EBIT to Interest


Healthy EBIT to Interest Jun 2021 79.25 9.25
Company has healthy average EBIT to Interest ratio of 9.25 Jun 2020 84.06 5.11
times
Jun 2019 6.23 4.91
Company has experienced an increase in its EBIT to Interest in Jun 2017 65.45 -1.33
each of the past 3 consecutive years,Company’s EBIT to
Interest growth has increased in each of the past 3 consecutive
years,EBIT to Interest has seen a high growth of 80% over
previous period

MOJO PROFESSIONAL 4
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Andhra Petrochem STRONG BUY | Report as on 20 August 2021 at 09:33 AM

FINANCIAL TREND
Positive

WITH A GROWTH IN NET PROFIT


results for

OF 33.49%, THE COMPANY 3


DECLARED OUTSTANDING consecutive
quarters

RESULTS IN JUN 21
The company's ability to manage 47.17

47.2 interest payments is improving 33.2

times Operating Profit to Interest


Highest at 47.17 times and Grown 18.96
Interest each quarter in the last five quarters
Coverage Ratio - 6.72
Quarterly 0.99

Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021

Near term PBT trend is very 94.4

positive
71.55

Rs 94.4
cr
36.52
PBT less Other Income (Rs Cr)
Highest at Rs 94.40 cr. and Grown 9.52
PBT - Quarterly each quarter in the last five quarters
-3.51

Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021

Near term PAT trend is very 62.74

Rs 62.7 cr positive 47

PAT (Rs Cr) 24.5


PAT - Quarterly Highest at Rs 62.74 cr. and Grown
6.91
each quarter in the last five quarters
-1.93

Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021

MOJO PROFESSIONAL 5
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Andhra Petrochem STRONG BUY | Report as on 20 August 2021 at 09:33 AM

FINANCIAL TREND

Near term sales trend is very


positive
244.07

72.5% 218.34

Net Sales (Rs Cr) 155.61


Sales Growth At Rs 244.07 cr has Grown at 72.5 % 133.73

over average Net Sales of the previous four quarters


58.39
of Rs 141.52 Cr

Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021

Near term Operating Profit trend


Rs 100.0 is quite positive 100.01

cr Operating Profit (Rs Cr)


Highest at Rs 100.01 cr. and Grown
77.36

Operating Profit each quarter in the last five quarters 42.28

- Quarterly 15.33
2.26

Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021

Company's efficiency has


41.0% improved 40.98
35.43
Operating Profit to Sales
Operating Profit Highest at 40.98% and Grown 27.17
Margin - each quarter in the last five quarters
Quarterly 11.46
3.87

Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021

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Andhra Petrochem STRONG BUY | Report as on 20 August 2021 at 09:33 AM

FINANCIAL TREND

Increasing profitability; company


Rs 7.4 cr has created higher earnings for 7.38

shareholders 5.53

Earnings per 2.88


EPS (Rs)
Share (EPS) -
Highest at Rs 7.38 0.81
Quarterly
in the last five quarters
-0.23

Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021

Short Term liquidity is improving


Rs 10.4 cr
10.42
Cash and Cash Equivalents
Highest at Rs 10.42 cr
Cash and Eqv - in the last six half yearly periods 4.06 3.95
2.95 2.8 3.08
Half Yearly

20

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Company has been able to settle 129.24

129.2 its Debtors faster


times Debtors Turnover Ratio
Highest at 129.24 times
75.61

Debtors in the last five half yearly periods


Turnover Ratio- 24.26 20.86
18.7
Half Yearly
Mar 2019 Sep 2019 Mar 2020 Sep 2020 Mar 2021

Jun'21 Mar'21 Change%


Net Sales 244.1 218.3 11.8%
Key Operating Profit (PBDIT) excl Other Income 100.0 77.4 29.3%
Result Interest 2.1 2.3 -9.0%
Highlights Exceptional Items 0.0 0.0
Standaloned Net Profit 62.7 47.0 33.5%

Operating Profit Margin (Excl OI) 41.0 35.4 5.6%


Standalone- figures in Rs
Cr

MOJO PROFESSIONAL 7
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Andhra Petrochem STRONG BUY | Report as on 20 August 2021 at 09:33 AM

TECHNICALS

STOCK IS TECHNICALLY IN A BULLISH


RANGE
Bullish Daily Moving Averages indicating near term price strength
Current Price 50 Day Moving Average 200 Day Moving Average

149.85 139.51 77.10

Factors with upward momentum


Indicator Technical Trend
MACD Bullish (weekly)
MACD Bullish (monthly)
Bollinger Band Mildly Bullish (weekly)
Bollinger Band Mildly Bullish (monthly)
KST Bullish (weekly)
KST Bullish (monthly)

Consistent Returns over the last 3 years


3 Months 1 Year 3 Years
428.57% 89.44%

101.95%

42.97%

10.00% 49.96%

Stock BSE 500 Stock BSE 500 Stock BSE 500

MOJO PROFESSIONAL 8
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a violation of law and it may also result in cancellation of your subscription package without any refund and may lead to legal action.

Andhra Petrochem STRONG BUY | Report as on 20 August 2021 at 09:33 AM

VALUATION

WITH ROE OF 46.5, IT HAS A FAIR


VALUATION WITH A 4.4 PRICE TO BOOK
VALUE
Expensive

Fair Vikas Lifecare

valuation
T N Petro Prod.

Valuation Manali Petrochem


Andhra Petrochem

Agarwal Indl.

as compared to its Fundamentals


Attractive
Weak Fundamental Strong

Price to Book Value vs ROE

Fair 60 4.8
Fundamental

Valuation
as compared to its 20 2.4

past valuations -20 0

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0
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Company Valuation Price to Book PE Ratio PEG Ratio Dividend


Ratio Yield
Key
Andhra Petrochem Fair 4.4 9.5 0 0%
Valuation
Multiples Manali Petrochem Fair 2.3 5.4 0 0.8%
vs Peers
T N Petro Prod. Expensive 1.8 7.1 0 1.3%
Agarwal Indl. Attractive 2 7.5 0.1 0.4%
Vikas Lifecare Very Expensive 4.9 35.5 0.2 0%

MOJO PROFESSIONAL 9
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Andhra Petrochem STRONG BUY | Report as on 20 August 2021 at 09:33 AM

MOJOSTOCK

PART OF MOJO STOCKS


Mojo Stocks are the highest rated stocks across thee market.
1% Less than 1% of the companies qualify as a Mojo Stock
For a company to Qualify as Mojo Stock it has to score highly across Mojo Parameters of
QUALIFY
Quality: Long Term Fundamental Performance
Valuation: Attractiveness of Stock Price at the current fundamentals
Financial Trend: Near term fundamental strength
Technicals: Price and volume momentum

Mojo Analysis of Andhra Petrochem

NEAR TERM DRIVERS: VERY POSITIVE


QUARTERLY FINANCIAL TREND TECHNICALS

Net Sales (HY) At Rs 462.41 cr has Technical trend turned Bullish


Grown at 252.66 % from Mildly Bullish on 10 May
Outstanding PAT (HY) At Rs 109.74 cr has Grown
2021 at Rs 71.85 Bullish
at 801.66 % Moving Averages (daily) turned
Bullish from Mildly Bullish on 22
Net Sales (9M) At Rs 618.02 cr has
Feb 2021 at Rs 52.15
Grown at 156.31 %

LONG TERM DRIVERS: POSITIVE


QUALITY VALUATION

Second largest company in At the current stock price and


Petrochem sector financial performance the stock
Good has Fair valuation Fair

MOJO PROFESSIONAL 10
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Andhra Petrochem STRONG BUY | Report as on 20 August 2021 at 09:33 AM

RETURNS

MARKET BEATING PERFORMANCE IN


LONG TERM AS WELL AS NEAR TERM
Along with generating 200%
428.57% returns in the last
1 year, the stock has 100%

428.57% outperformed BSE 500 in


the last 3 years, 1 year 0%

UP and 3 months -100%

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Andhra Petrochemicals Ltd BSE500

Inconsistent Performance against Small Cap


companies
Andhra Petrochemicals Ltd has not been a
consistent performer in the YTD

1st
Quartile
2ndQuartile
3rd
Quartile
Stock has been in the 2nd quartile in 2020
and in 1st in YTD period

YTD 2020 2019


210.13% 40.08% -36.76%

Company 1 Month 3 Month 1 Year 3 Years


Andhra Petrochem 2.08% 101.95% 428.57% 89.44%
Return Manali Petrochem 10.81% 9.47% 318.56% 121.08%
Comparison
T N Petro Prod. -3.49% 25.13% 188.2% 202.08%
with Peers
Closest peers by Agarwal Indl. -8.26% 43.17% 178.5% 0.24%
market cap Vikas Lifecare -13.65% 18.77% -76.93% -

MOJO PROFESSIONAL 11
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Andhra Petrochem STRONG BUY | Report as on 20 August 2021 at 09:33 AM

FACTORS
NOT WORKING
FOR THE COMPANY

MOJO PROFESSIONAL 12
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Andhra Petrochem STRONG BUY | Report as on 20 August 2021 at 09:33 AM

SHAREHOLDING

MUTUAL FUND HOLD ONLY 0.04% OF THE


COMPANY
Domestic mutual funds have capability to do in- 0.025%

depth on-the-ground research on companies- their 0.02% 0.02% 0.02% 0.02% 0.02%
small stake may signify either they are not 0.02%

comfortable at the price or the business


0.015%

0.01%

0.005%

0%
Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021

Non Institution
54.88%
Shareholding Snapshot : Jun 21
Majority shareholders : Non Institution
FIIs
0.05%
Pledged Promoter Holdings : None
Mutual Fu…
0.02% Mutual Funds : Held in 2.00 Schemes (0.02%)
Other DIIs
0.01% FIIs : Held by 3 FIIs (0.05%)
Promoters Promoter with highest holding : The Andhra Sugars Ltd (33.054%)
45.04%
Highest Public shareholder : Lakshminarayanan T (4.898%)
Individual Investors Holdings : 42.53%

FII
0.06%

0.05%

holding has increased by 0.05%


0.04%
Number of FIIs holding stake in the company has
increased to 3 from 1
0.02%

0.00% 0.00% 0.00% 0.00%


0%
Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021

MOJO PROFESSIONAL 13
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Andhra Petrochem STRONG BUY | Report as on 20 August 2021 at 09:33 AM

RESULT
ANALYSIS 

MOJO PROFESSIONAL 14
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Andhra Petrochem STRONG BUY | Report as on 20 August 2021 at 09:33 AM

QUARTERLY VARIANCE

QUARTER RESULTS VARIANCE ANALYSIS


Jun'21 Mar'21 QoQ Jun'20 YoY Comments
Total Operating income 244 218 11.8% 58 318% High Growth in previous quarter
and same quarter last year
Total Expenditure (Excl Depreciation) 144 141 2.2% 56 156.7% QoQ and YoY increase
Operating Profit (PBDIT) excl Other Income 100 77 29.3% 2 4% QoQ and YoY increase
Other Income 2 1 134.1% 1 227.7% High Growth in previous quarter
and same quarter last year
Operating Profit (PBDIT) 102 78 30.5% 3 3% QoQ and YoY increase
Interest 2 2 -9% 2 -7% Fall in previous quarter and same
quarter last year
Exceptional Items 0 0 0% 0 0%
Depreciation 3 3 0.3% 3 0%
Profit Before Tax 97 72 33.2% -3 -3%
Tax 34 25 32.7% -1 -3%
Provisions and contingencies 0 0 0% 0 0%
Net Profit 63 47 33.5% -2 -3%

Standalone results triggered in Rs Cr

Margins
Jun'21 Mar'21 Dec'20 Sep'20 Jun'20 Avg. (4 Comments
Qtrs)
OPM 41.0% 35.4% 27.2% 11.5% 3.9% 19.5% Higher than average (4 Qtrs) – Promising
GPM 41.0% 34.8% 26.5% 10.6% 1.1% 18.2% Higher than average (4 Qtrs) – Promising
NPM 25.7% 21.5% 15.7% 5.2% -3.3% 9.8% Higher than average (4 Qtrs) – Promising

MOJO PROFESSIONAL 15
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Andhra Petrochem STRONG BUY | Report as on 20 August 2021 at 09:33 AM

ANNUAL RESULT

NET SALES - YOY GROWTH IN YEAR ENDED


MAR 2021 IS 24.16% VS -31.53% IN MAR
2020
Standaloned Net Profit: YoY Growth in year ended Mar 2021 is 462.69% vs -80.54% in Mar
2020
Operating Profit (PBDIT) excl Other Income: YoY Growth in year ended Mar 2021 is
328.58% vs -70.54% in Mar 2020
Interest: YoY Growth in year ended Mar 2021 is 500.66% vs -74.32% in Mar 2020 24.16%
Operating Profit Margin (Excl OI): YoY Growth in year ended Mar 2021 has improved from NET SALES
Mar 2020

Mar'21 Mar'20 Change(%)


Net Sales 566.07 455.93 24.16%
Key Operating Profit (PBDIT) excl Other Income 137.23 32.02 328.58%
Annual Interest 9.13 1.52 500.66%
Results Exceptional Items 0.00 0.00
Standaloned Net Profit 76.47 13.59 462.69%
Operating Profit Margin (Excl OI) 24.24 7.02 17.22%
Figures in Rs Cr | Seasonal companies are compared with the same quarter last year

Net Sales-YoY Growth in year ended Mar 2021 is 24.16% vs - Standaloned Net Profit-YoY Growth in year ended Mar 2021
31.53% in Mar 2020 is 462.69% vs -80.54% in Mar 2020
1000 100 76.47
69.83
665.86 46.50
532.75 566.07 50
455.93 13.59
500 370.43
0
-7.36
0 -50
Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021

Operating Profit (PBDIT) excl Other Income-YoY Growth in Operating Profit Margin (Excl OI)-YoY Growth in year ended
year ended Mar 2021 is 328.58% vs -70.54% in Mar 2020 Mar 2021 has improved from Mar 2020
200 40
137.23
24.24
108.68
100 20 16.32
66.19 12.42
32.02 7.02
12.80 3.46
0 0
Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021

Figures in Rs Crore

MOJO PROFESSIONAL 16
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Andhra Petrochem STRONG BUY | Report as on 20 August 2021 at 09:33 AM

BALANCESHEET AND CASHFLOW

BALANCE SHEET AND CASH FLOW


ANALYSIS

-94.67% Borrowings
Mar'20
0.63
Mar'19
11.81
Change%
-94.67%

Increase
Other Long Term Liabilities 71.16 0.05 1,42,220.00%
Fixed Assets 165.76 172.46 -3.88%
Investments 3.09 4.46 -30.72%
in Borrowings in quarter Current Assets 81.81 79.31 3.15%
ended Mar 2020 vs in
Figures in Rs Cr
Mar 2019

Other Long Term Liabilities: YoY Growth in year ended Mar 2020 is 1,42,220.00% vs 0.00% in Mar 2019
Fixed Assets: YoY Growth in year ended Mar 2020 is -3.88% vs -5.26% in Mar 2019
Investments: YoY Growth in year ended Mar 2020 is -30.72% vs -16.95% in Mar 2019
Current Assets: YoY Growth in year ended Mar 2020 is 3.15% vs 43.70% in Mar 2019

Cash From Operation - YoY Growth in year ended Mar


-48.26% 2020 is -48.26% vs 30.33% in Mar 2019
Mar'20 Mar'19 Change%
GROWTH Cash Flow from Operating Activities 40.73 78.72 -48.26%
Figures in Rs Cr

100
78.72
60.40

50 40.73

-17.34 -14.25

-50
Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020

MOJO PROFESSIONAL 17
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Andhra Petrochem STRONG BUY | Report as on 20 August 2021 at 09:33 AM

PEER COMPARISION

PEER COMPARISON
Andhra Manali T N Petro Prod. Agarwal Indl. Vikas Lifecare
Petrochem Petrochem
Size
Market Cap (Cr.) 1,273 1,558 1,048 371 341
Annual Sales (TTM) (Cr.) 752 1,261 1,387 1,164 95
Annual Net Profit (TTM) (Cr.) 141 297 151 52 9
Growth Factors (TTM)
Net Sales Growth 1 year 103.1% 84.2% 25.9% 73.2% -0.5%
Operating Profit Growth 1 year 7273.7% 75% 215.1% 112.1% 24%
Net Profit Growth 1 year 6545.2% 584.1% 165.7% 124.3% 352%
Net Sales Growth 5 year 19.4% 24.7% 2.8% 33.6% -41.1%
Operating Profit Growth 5 year 66.7% 118.3% 54.4% 46.2% 19.7%
Net Profit Growth 5 year 46.7% 120.6% 50.3% 73.3% 114.7%
Capital Structure Factors
EBIT to Interest 24.7 70.8 29.2 5.9 1.4

Debt to EBITDA 0.6 0.1 0.3 2 5.3


Net Debt to Equity -0.2 -0.4 -0.4 0.5 0.6
Sales to Capital Employed 2.5 2.5 3.4 3 0.7
Management Quality Factors
ROCE (latest) 53.7% 67.5% 42.7% 19.4% 6.6%
ROE(latest) 46.5% 31.9% 18.4% 20.7% 13.7%
Tax Ratio 38.7% 25.1% 24.4% 18.9% 100%
Operating CF to Net Profit 299.5% 162.6% 135.5% 193.6% 185.4%
Dividend Payout Ratio - 27.7% 21.3% 6% -
Valuation Factors
PE Ratio 9.5 5.4 7.1 7.5 35.5
Price to Book 4.4 2.3 1.8 2 4.9
PEG Ratio 0 0 0 0.1 0.2
Dividend Yield - 0.8% 1.3% 0.4% -
EV to EBITDA 5.4 3.3 3.7 5.5 42.1
EV to Capital Employed 5.5 3.2 2.5 1.6 3.4
Shareholding
Promoter Holdings 45% 44.9% 34.5% 61.4% 20.1%
Promoter Pledged Holdings - - - - -
Total Institutional Holding 0.1% 0.9% 5.3% - 1.2%
FII Holdings 0% 0.9% 5.2% - 1.2%
Returns
1 Month 2.1% 11.3% -3.1% -8.3% -13.7%
3 Months 102% 10% 25.7% 43.2% 18.8%
YTD 194.7% 152% 172.5% 202.2% -31.5%
1 Year 428.6% 320.4% 189.4% 178.5% -76.9%
3 Years 89.4% 122.1% 203.4% 0.2% -

MOJO PROFESSIONAL 18
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Andhra Petrochem STRONG BUY | Report as on 20 August 2021 at 09:33 AM

COMPANY BACKGROUND

COMPANY BACKGROUND

About the Company


Andhra Petrochemicals limited is engaged in the manufacture and sale of oxo
INDUSTRY : Petrochem alcohols. The oxo alcohol products are ethyl hexanol, normal butanol and iso
butanol. Following are the facilities offered by the company:Storage for raw-
material and products,Steam generation,Diesel power generation,Sea water
1,273 cr (Small Cap) cooling tower,Raw water storage,APGPCL power (share), Fire and foam tender &
Green belt.

Board of Directors
P Narendranath Managing Director
Chowdary
Director
M Thimmaraja
Director
Ravi Pendyala
Independent Director
D Manjulata
Nominee (IDBI)
Animesh Kumar Sinha

8 more board of directors

Company Coordinates

Company Details: Registrat Details:


Venkatarayapuram, West Godavari Tanuku Andhra Pradesh : XL Softech Systems Ltd , 3 Sagar Society Road , No 2 Banjara
534215 Hills, Hyderabad
Tel: 08819- 224075 / 220975 Fax: 040-23553214
Fax: 08819- 224168
Email: investors@andhrapetrochemicals.com /
info.tnk@andhrapetrochemicals.com
Website: www.andhrapetrochemicals.com

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