Chemplast Sanmar Ltd
Chemplast Sanmar Ltd (CHEMPLASTS)

Chemplast Sanmar Ltd (CHEMPLASTS)

₹460.252.33%

Key Stats

₹446.45
Day's Price Range
₹463
₹382.7
52-Week Price Range
₹826
1 Month Return-3.01 %
3 Month Return-12.76 %

Company Financials

  • Quarterly
  • Annual
Value in ₹ crore

Peer Comparsion

PE
Rank 77
10.63
EPS
Rank 46
₹42.29
BVPS
Rank 312
₹-141.71
Dividend Yield
Rank 176
ROE
Rank 327
5.73%
Price To Book Ratio
Rank 236
-3.18
Debt To Asset
Rank 32
0.81

Company Information

Chemplast Sanmar Ltd formerly knwon as Chemicals Plastics India CPIL incorporated in 1962 was promoted as Urethanes India by Chemplast the flagship of the Sanmar group Tamilnadu. It became a fullyowned subsidiary of Chemplast in 1991 when the name was changed to the present one.The company set up a 2500 tpa thermoplastic polyurethane plant in Tamilnadu in technical collaboration with BF Goodrich Company US. It manufactures caustic soda chlorine chlorinated solvents PVC refrigerant gases and industrial alcohol. In 199192 the capacity of PVC was enhanced to 48000 tpa making it the third largest manufacturer of PVC resin in the country. The company formed Peroxides India in collaboration with Atochem US for a wide variety of polymerisation initiators and Drechem Speciality Chemicals in technical collaboration with Dragoco Germany to manufacture aromatic chemicals. The PVC capacity is being enhanced from 48000 tpa to 60000 tpa and that of chloromethanes is being enhanced to 25000 tpa. In 199596 Metkem Silicon a subsidiary of the company manufacturing poly and mono crystalline silicon was merged with the holding company. During the same period the thermoplastics polyuerthane division of the company was spunoff into a joint venture with Bayer Germany. It also has entered into a joint venture with Cabot Corporation US for the manufacture of fumed silica as a springboard.The company is in advanced stage of discussing raw material tieups for its proposed shorebased PVC project. As a measure of conservation of power the company is replacing shell and tube acid cooler and condensers with plate heat exchangers in the Chloralkali process.The company has taken on hand a backward integration captive project for setting up an oxychlorination with the capital outlay of over Rs 60 crores. This will help the company to improve captive feedstock EDC capacity leading to lower dependence on imported feedstock.During 200001 the company brought on stream an oxychlorination plant which would increase captive production of EDC and reduce dependence on imports and also significantly reduce the environmental impact of its operations.Subject to necessary approvals the company planned to amalgamate Sanmar Properties Investments LtdSPIL excluding its Investment and Shipping business w.e.f. Nov 2 2003. SPILs Investment and Shipping division would be demerged to Sanmar Holdings Ltd effective from Nov 1 2003. SPIL sharehodlers get one equity share of Chemplast sanmar for every share in SPIL.
OrganisationChemplast Sanmar Ltd
HeadquartersChennai
IndustryChemicals