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Chemfab Alkalis Ltd Performance

Today's Low
549.00
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Today's High
564.85
52 Wk Low
282.95
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52 Wk High
744.00


Open

558.1

Traded Value (Cr)

40.64 L

Prev. Close

558

VWAP

562.33

Volume

10,614

Face Value

10

Chemfab Alkalis Ltd Fundamentals

Market Cap
₹ 812 Cr
P/E Ratio (TTM)
22.45
P/B Ratio
2.17
Debt to Equity
0.06
ROE
11.78 %
EPS (TTM)
25.43
Dividend Yield
0.22%
Book Value
262.67

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Chemfab Alkalis Ltd Financials

Chemfab Alkalis Ltd Financials

Chemfab Alkalis Ltd Shareholding Pattern

Held By Mar 2024 Dec 2023 Sep 2023 Jun 2023
Promoters 72.88 % 72.88 % 72.99 % 73.11 %
Retail 20.83 % 21.40 % 21.14 % 21.31 %
Others 5.86 % 5.36 % 5.57 % 5.22 %
FII 0.35 % 0.29 % 0.24 % 0.28 %
Mutual Funds 0.07 % 0.07 % 0.07 % 0.07 %

Promoters

72.88%

Retail

20.83%

Others

5.86%

FII

0.35%

Mutual Funds

0.07%

Promoters

72.88%

Retail

21.40%

Others

5.36%

FII

0.29%

Mutual Funds

0.07%

Promoters

72.99%

Retail

21.14%

Others

5.57%

FII

0.24%

Mutual Funds

0.07%

Promoters

73.11%

Retail

21.31%

Others

5.22%

FII

0.28%

Mutual Funds

0.07%

Resistance and Support

₹566.88

PIVOT

resistance-arrow
Resistance
First Resistance₹573.717
Second Resistance₹580.783
Third Resistance₹587.617
support-arrow
Support
First Resistance₹559.817
Second Resistance₹552.983
Third Resistance₹545.917
RSI20.334
MACD-42.469
ADX19.920
CCI-154.300

Delivery and Volume

PeriodDelivery Volume Traded Volume Delivery Volume %
Day10,6146,24958.88
Week11,0846,23655.70
1 Month15,4659,48261.88
6 Months6,1612,71744.10

About Chemfab Alkalis Ltd

The Company formerly known as Teamec Chlorates Limited was incorporated on 06 May 2009. The name of the Company was changed from Teamec Chlorates Limited to Chemfab Alkalis Limited on July 21, 2017, vide Revised Certi?cate of Incorporation issued by the Registrar of Companies pursuant to the Scheme of Amalgamation approved by the National Company Law Tribunal (NCLT) Chennai vide its Order dated 30 March 2017. The Company is a manufacturer of caustic soda lye, ?akes, liquid chlorine, hydrogen gas, PVCO pipes and other products. The Company is engaged in the business of manufacturing of basic inorganic chemicals. The Company presently operates in two segments viz, Chemicals and related Products/Services and PVC-O Pipes. In 1985, the Company was the first to introduce the Monopolar Electrolysers from M/s. Chlorine Engineers Corporation, Japan (CEC). The Company has repeated history by introducing, for the first time in the Country, a new BiTACr Electrolysers from CEC, Japan. In 2013, the Company completely replaced the existing Fire Hydrant System, which had pipes running underground with a new fully automatic system along with the hydrant pipes, above the ground level, to prevent corrosion of pipes and water leakages. The New Plant was commissioned during August 2014. The Company also replaced the old Caustic Concentration plant with a new Plant and this was commissioned in the month of March 2015. The National Company Law Tribunal (NCLT), Division Bench, Chennai had, vide its Order dated 30th March 2017, approved the Scheme of Arrangement and Amalgamation of Chemfab Alkalis Limited (Transferor Company / 'Amalgamated Company) with Teamec Chlorates Limited (Transferee Company). As a consequence, and as per Clause 11 of the Order of the NCLT, Chemfab Alkalis Limited (Transferor Company) stands dissolved without winding up. Prior to this amalgamation, the Transferor Company (i.e., Teamec Chlorates Ltd.) had manufactured Sodium Chlorate (lye and crystal) with an installed capacity of 31.57 MT per day and Hydrogen whose capacity is linked to Sodium Chlorate Production at the plant situated at Gundlapalli (Village), Maddipadu in Andhra Pradesh. On 30 May 2017, the Company allotted 1,31,02,424 Equity Shares of Rs. 10/- each to the Shareholders of the merged entity 'Chemfab Alkalis Limited' and 7,28,080 Equity Shares of Rs. 10/- each were issued to the existing Shareholders of the Company post reduction of Share Capital as per theScheme of Amalgamation. In November 2019, the Company received BIS approval for PVCO Pipes. The Company had incorporated, a wholly-owned subsidiary namely Chemfab Alkalis Karaikal Limited' on 19 December 2019 to manufacture all types of chemicals, chemical compounds, and chemical products including, but not limited to alkali, acids, Acids, Bases, Solvents, Alcohols, Gases, Ethers, Aliphatics, Aromatics, Aldehydes Ketones, Amines, Alkaloids, caustic soda, Potassium Chlorate, Sodium Chlorate, Per chlorate, other chemicals and their by-products or derivatives in all forms and kinds. The said Company had obtained a provisional allotment of undeveloped land comprising of 65 acres (2,63,055 sq.m.) located at extreme Southwest corner of the layout at Industrial Growth Centre, Polagam, Karaikal on premium lease basis for a period of 30 years initially and extendable up to a maximum period of 99 years, for setting up of a unit for the manufacture of 'Caustic Soda Lye'. The Company is in process of getting firm allotment of land after land survey and get it registered along with obtaining statutory approvals for setting up business activities. The Company increased its production capacity from 125 tpd to 155 tpd during April 2021 and is closely following up with the government authorities to further scale up the operations to 200 tpd. The Company commissioned the state-of-the-art RO Plant with Treated Sewage Water as feed in March 2021. This RO Plant has a capacity to produce 1 MLD of process water from either the Treated Sewage Water or from Seawater. This has enhanced strong commitment of the Company towards preservation of natural resources and at the same time will help to scale up the operations to 200 TPD. Further the business plans are firmed up for the green field project expansion at Karaikal location through wholly owned subsidiary company, viz., Chemfab Alkalis Karaikal Limited. During March 2021, The Company successfully commissioned the second production line at the PVCO plant. The Company obtained Certification of Registration for ISO 14001:2015 in Environmental Management System and OHSAS 18001:2007 systems to take care of critical operational areas. It also utilizes the services of professional bodies like Central Leather Research Institute (CLRI) / The Energy and Resources Institute (TERI) / National Environmental Engineering Research Institute (NEERI) as also consultants to continuously analyze and upgrade its operations. The Company have implemented Process Safety Management (PSM) to maintain the process safely of production plant from process development to process design, plant construction, operations & maintenance.

Managing Director

Founded

2009

NSE Symbol

CHEMFAB

Chemfab Alkalis Ltd Management

NameDesignation
Suresh Krishnamurthi RaoChairman(Non Exe)&Dir(Non-Ind)
C S RameshNon-Exec & Non-Independent Dir
R MahendranNon-Exec & Non-Independent Dir
Sujatha JayarajanIndependent Director
Drushti DesaiIndependent Director
A JanakiramanIndependent Director
T RamabadranIndependent Director
Nitin S CowlagiNon-Exec & Non-Independent Dir

Chemfab Alkalis Ltd News

Chemfab Alkalis to conduct board meeting
On 22 May 2024
Chemfab Alkalis Ltd leads gainers in 'B' group
Lords Chloro Alkali Ltd, Ambica Agarbathies Aroma & Industries Ltd, Biofil Chemicals & Pharmaceuticals Ltd and Sundaram Multi Pap Ltd are among the other gainers in the BSE's 'B' group today, 07 March 2024.
Chemfab Alkalis consolidated net profit declines 52.48% in the December 2023 quarter
Sales rise 2.85% to Rs 86.33 crore
Chemfab Alkalis schedules board meeting
On 8 February 2024
Chemfab Alkalis consolidated net profit declines 67.02% in the September 2023 quarter
Sales rise 4.70% to Rs 79.58 crore
Chemfab Alkalis to hold board meeting
On 26 October 2023
Chemfab Alkalis to hold AGM
On 29 August 2023
Chemfab Alkalis allots 13,300 equity shares under ESOS
Chemfab Alkalis consolidated net profit declines 55.46% in the June 2023 quarter
Sales decline 19.40% to Rs 79.08 crore
Chemfab Alkalis to hold board meeting
On 27 July 2023

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Chemfab Alkalis Ltd FAQ

By opening a demat account and having your KYC papers confirmed online, you may simply purchase Chemfab Alkalis Ltd shares in BlinkX

The share price of any stock is volatile and changes during the day due to a variety of variables. Chemfab Alkalis Ltd's share price is ₹560.60 as of May 10, 2024

Chemfab Alkalis Ltd's P/E ratio is 22.45 times as of May 10, 2024.

Chemfab Alkalis Ltd's most recent financial reports indicate a price-to-book ratio of 2.17, showing the company's stock market valuation in relation to the value of its real assets.

Market capitalisation, often known as market cap, is the market value of all outstanding shares of a publicly listed corporation. Chemfab Alkalis Ltd's market is 812 Cr as on May 10, 2024.

The current financial records of Chemfab Alkalis Ltd show a 11.78% ROE, showing great financial performance and effective capital utilisation, making it a significant statistic for investors.

The 52-week high/low price of a Chemfab Alkalis Ltd stock is the highest and lowest price at which it has traded over that period (about one year) and is used as a technical indicator. Chemfab Alkalis Ltd's 52-week high and low as of May 10, 2024 are ₹564.85 and ₹549 respectively.

As of the Mar 2024 quarter, the promoter shareholding in Chemfab Alkalis Ltd stands at 72.88%. During the same period, Institutional Investors have shown a slight increase in their holdings, rising from 0.29% to 0.35%.