Date: 29 Apr 2024

Petrochemicals

Sector	Market Cap	No of Companies
Petrochemicals	30228.01	12

 

NetWorth	3471.46	TTM Sales	10213.95	TTM Sales Var (%)	-2.85
Debt	221.49	TTM OP	883.87	TTM NP Var (%)	-28.60
Capital Employed	3811.40	TTM OPM (%)	10.19	EV/TM Sales	2.96
Net Block	1108.95	TTM PATM (%)	6.54	EV/TTM EBITDA	33.52
Current Assets	2885.54	Debt / Equity	0.06	P/E	45.26
ROCE (%)	85.35	RONW (%)	19.24	P/B	8.71

The above figures are in Rs. Crores as of 29 Apr 2024

TTM ended December 2023

	29 Apr 2024	31 Mar 2023	31 Mar 2022	MoM Var. (%)	YoY Var. (%)
Sector Marketcap	30228.01	17190.55	33452.18	75.84	-9.64
Total Marketcap	40881718.68	25956454.87	26857769.69	57.5	52.22
Sector's share	0.07	0.07	0.12	0	-0.05
Sector No of companies	12	12	12	0	0
Total Listed companies	4588	4285	4116	303	472
Sector's share	0.26	0.28	0.29	-0.02	-0.03
Nifty 50	22643.4	22326.9	18065	1.42	25.34

 

Gainers
Company Name	29/04/2024	28/03/2024	Var%
Manali Petrochem	76.49	56.20	36.10
Savita Oil Tech	591.65	460.30	28.54
Goa Carbon	911.20	737.40	23.57
Styrenix Perfor.	1665.45	1434.60	16.09
Bhansali Engg.	100.71	89.30	12.78
Losers
Company Name	29/04/2024	28/03/2024	Var%
Panama Petrochem	330.95	330.95	0.00

 

During the month of April 2024, Petrochemicals sector’s Marketcap increased 75.84% to Rs 30228.01 crore, compared to 57.5% rise in total listed marketcap to Rs 40881718.68 crore.

Sector’s share of total listed marketcap moved to 0.07% in April 2024 from 0.07% in March 2023 and 0.12% in March 2022.

In terms of price appreciation in the sector, there were 10 gainers and 1 losers in the month of Apr 2024. The gainers accounted for 83.33% of sector companies, losers accounted for 8.33% of sector companies, while 1% remained unchanged.

The top 3 gainers were Manali Petrochem (36.10% gain), Savita Oil Tech (28.54% gain) and Goa Carbon (23.57% gain).

Panama Petrochem (0.00% fall) was the only one loser.

During the month Bhansali Engineering Polymers Ltd and Supreme Petrochem Ltd announced their results. Of these Bhansali Engineering Polymers Ltd reported rise in net profit attributable to shareholders. Companies like Supreme Petrochem Ltd reported fall in net profit attributable to shareholders.

During the month DCW Ltd, Goa Carbon Ltd, Polychem Ltd, Styrenix Performance Materials Ltd, Hindustan Fluoro Carbons Ltd, Bhansali Engineering Polymers Ltd, Manali Petrochemicals Ltd, Supreme Petrochem Ltd, Savita Oil Technologies Ltd, Panama Petrochem Ltd, Agarwal Industrial Corporation Ltd and Kothari Petrochemicals Ltd filed their shareholding patterns.

FIIs increased their shareholding in Panama Petrochem Ltd from 7.54% to 9.44%, Supreme Petrochem Ltd from 2.45% to 2.90%, Goa Carbon Ltd from 0.00% to 0.13% and Agarwal Industrial Corporation Ltd from 6.24% to 6.32%. FIIs reduced their shareholding in Manali Petrochemicals Ltd from 0.86% to 0.79%, Savita Oil Technologies Ltd from 1.41% to 1.33%, Styrenix Performance Materials Ltd from 2.53% to 2.09% and DCW Ltd from 7.87% to 7.26%.

DIIs increased their shareholding in Savita Oil Technologies Ltd from 7.40% to 10.45% and Bhansali Engineering Polymers Ltd from 0.05% to 0.06%. DIIs reduced their shareholding in Supreme Petrochem Ltd from 2.43% to 2.42% and Styrenix Performance Materials Ltd from 4.09% to 4.05%.

Promoters increased their shareholding in Panama Petrochem Ltd from 60.98% to 61.94%. Promoters reduced their shareholding in DCW Ltd from 45.10% to 44.08% and Savita Oil Technologies Ltd from 71.92% to 68.92%.

During the month Annual reports of DCW Ltd, Goa Carbon Ltd, Polychem Ltd, Styrenix Performance Materials Ltd, Hindustan Fluoro Carbons Ltd, Bhansali Engineering Polymers Ltd, Manali Petrochemicals Ltd, Supreme Petrochem Ltd, Pearl Engineering Polymers Ltd, Savita Oil Technologies Ltd, Panama Petrochem Ltd, Resins & Plastics Ltd, Agarwal Industrial Corporation Ltd, Haldia Petrochemicals Ltd, Kothari Petrochemicals Ltd, Assam Petrochemicals Ltd, Shriram Polytech Ltd, Cetex Petrochemicals Ltd, Brahmaputra Cracker & Polymer Ltd, ONGC Petro Additions Ltd, Ashland India Pvt Ltd, Gail Mangalore Petrochemicals Ltd, New Horizons Asphalt Pvt Ltd, Nitrex Chemicals India Ltd, Westin Resins & Polymers Pvt Ltd, Network Polymers Pvt Ltd, Ecmas Resins Pvt Ltd, Excelex Biopolymers Pvt Ltd, Renaissance Corporation Ltd, Arkema Chemicals India Pvt Ltd, S N F (India) Private Limited, Motherson Polymers Compounding Solutions Ltd, Aditya Thermopack Pvt Ltd, Omega Plasto Ltd, Astra Specialty Compounds India Pvt Ltd, Supreme Shavers India Pvt Ltd, Mitsui Prime Advanced Composites India Pvt Ltd, S C J Plastics Pvt Ltd, Basell Polyolefins India Pvt Ltd, Next Polymers Ltd, Fluorotech Polymers Pvt Ltd, Ampacet Speciality Products Pvt Ltd, Coromandel Packaging Pvt Ltd, Sarovar Insulation Pvt Ltd, Jindal Buildsys Ltd, Solvay Specialities India Pvt Ltd, Mas Sealing Systems Pvt Ltd, Desi Aangan Pvt Ltd and Sipra Engineers Pvt Ltd were updated in Capitaline.