---
title: "Aditya Birla Chemicals (India) Ltd(Merged) (ABCIL) — Share Price, Financials & Analysis"
symbol: "ABCIL"
company: "Aditya Birla Chemicals (India) Ltd(Merged)"
canonical: "https://tapetide.com/stocks/ABCIL"
nse_symbol: "ABCIL"
sector: "Commodities"
industry: "Chemicals & Petrochemicals"
generated_at: "2026-09-13T18:19:24.655Z"
---

# Aditya Birla Chemicals (India) Ltd(Merged) (ABCIL)

Canonical page: https://tapetide.com/stocks/ABCIL

## Company

- **NSE Symbol:** ABCIL
- **Sector:** Commodities
- **Industry:** Chemicals & Petrochemicals
- **Macro Sector:** Commodities
- **Stock Type:** DELISTED
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** adityabirlachemicalsindia.com

## About

Aditya Birla Chemicals (India) Limited is an India-based company engaged in the business of chemicals. The Company is a manufacturer of bulk and specialty chemicals and viscose filament yarn.

## Latest Price

## Key Insights

### Strengths

- Stock is trading at 1.08 times its book value

### Weaknesses

- Company has low interest coverage ratio.
- Company has a low return on equity of 8.99% over last 3 years.

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| net income growth | 14% | 45% | -12% |
| revenue growth | 0% | 22% | 38% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Dec 2012 | Mar 2013 | Jun 2013 | Sep 2013 | Dec 2013 | Mar 2014 | Jun 2014 | Sep 2014 | Dec 2014 | Mar 2015 | Jun 2015 | Sep 2015 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 202 | 212 | 230 | 267 | 287 | 282 | 286 | 292 | 276 | 272 | 290 | 307 |
| Expenses | 149 | 168 | 165 | 212 | 222 | 221 | 212 | 226 | 223 | 218 | 212 | 230 |
| Operating Profit | 53 | 44 | 65 | 55 | 65 | 61 | 74 | 66 | 54 | 53 | 78 | 76 |
| OPM % | 26 | 21 | 28 | 21 | 23 | 22 | 26 | 23 | 19 | 20 | 27 | 25 |
| Other Income | -8 | 2 | 5 | 2 | 1 | 3 | 1 | 0 | 3 | 14 | 1 | 1 |
| Interest | 23 | 21 | 21 | 21 | 23 | 25 | 28 | 27 | 27 | 27 | 27 | 26 |
| Depreciation | 15 | 15 | 17 | 18 | 18 | 24 | 15 | 17 | 15 | 16 | 16 | 16 |
| Profit before tax | 7 | 10 | 32 | 18 | 24 | 15 | 32 | 23 | 14 | 24 | 35 | 34 |
| Tax % | 97 | 19 | 36 | 32 | 33 | 95 | 54 | 53 | 76 | 64 | 42 | 41 |
| Net Profit | 0 | 8 | 20 | 12 | 16 | 1 | 15 | 11 | 3 | 9 | 20 | 20 |
| EPS in Rs | 0.09 | 3.35 | 8.65 | 5.3 | 6.99 | 0.32 | 6.22 | 4.6 | 1.46 | 3.66 | 8.7 | 8.52 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 141 | 173 | 204 | 222 | 238 | 614 | 803 | 1066 | 1126 | 1145 |
| Expenses | 76 | 96 | 132 | 149 | 160 | 451 | 602 | 820 | 879 | 884 |
| Operating Profit | 65 | 77 | 72 | 73 | 78 | 163 | 200 | 246 | 246 | 261 |
| OPM % | 46 | 45 | 35 | 33 | 33 | 27 | 25 | 23 | 22 | 23 |
| Other Income | 6 | 8 | 8 | 22 | 17 | -12 | -4 | 11 | 19 | 18 |
| Interest | 11 | 9 | 6 | 4 | 3 | 81 | 90 | 91 | 109 | 108 |
| Depreciation | 16 | 17 | 19 | 20 | 20 | 54 | 60 | 77 | 63 | 64 |
| Profit before tax | 45 | 58 | 56 | 71 | 71 | 17 | 46 | 89 | 93 | 107 |
| Tax % | 25 | 16 | 17 | 15 | 13 | 74 | 57 | 44 | 60 | — |
| Net Profit | 34 | 49 | 46 | 61 | 62 | 4 | 20 | 50 | 37 | 52 |
| EPS in Rs | 14.43 | 21.06 | 19.69 | 25.96 | 26.62 | 1.83 | 8.4 | 21.26 | 15.94 | 22.34 |
| Dividend Payout % | 10 | 7 | 8 | 6 | 2 | 27 | 12 | 7 | 31 | — |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 23 | 23 | 23 | 23 | 23 | 23 | 23 | 23 | 23 | 23 |
| Reserves | 88 | 124 | 174 | 217 | 266 | 329 | 337 | 354 | 399 | 423 |
| Borrowings | 111 | 112 | 80 | 46 | 44 | 26 | 789 | 816 | 1004 | 1052 |
| Other Liabilities | 70 | 69 | 73 | 78 | 69 | 59 | 142 | 263 | 353 | 347 |
| Total Liabilities | 292 | 329 | 350 | 364 | 402 | 437 | 1291 | 1456 | 1780 | 1845 |
| Fixed Assets | 234 | 235 | 240 | 269 | 254 | 241 | 952 | 1078 | 1311 | 1434 |
| CWIP | 6 | 16 | 14 | 1 | 3 | 9 | 36 | 21 | 58 | 26 |
| Investments | 0 | 4 | 25 | 0 | 31 | 46 | 19 | 7 | 0 | 5 |
| Other Assets | 52 | 74 | 71 | 94 | 115 | 141 | 284 | 351 | 411 | 380 |
| Total Assets | 292 | 329 | 350 | 364 | 402 | 437 | 1291 | 1456 | 1780 | 1845 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 49 | 56 | 65 | 62 | 59 | 12 | 84 | 242 | 204 | 232 |
| Cash from Investing Activity | -99 | -29 | -39 | -5 | -34 | -24 | -783 | -165 | -315 | -170 |
| Cash from Financing Activity | 46 | -4 | -45 | -43 | -10 | -23 | 690 | -61 | 97 | -63 |
| Net Cash Flow | -4 | 24 | -18 | 14 | 15 | -35 | -9 | 16 | -15 | -1 |
| Free Cash Flow | -50 | 30 | 45 | 28 | 52 | -2 | -732 | 59 | -120 | 65 |
| CFO/OP | 119 | 95 | 94 | 95 | 93 | 36 | 55 | 126 | 91 | 102 |

### Ratios

| Item | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 29 | 32 | 32 | 37 | 41 | 39 | 45 | 47 | 46 | 39 |
| Inventory Days | 119 | 70 | 79 | 46 | 83 | 72 | 79 | 77 | 105 | 87 |
| Days Payable | 487 | 245 | 185 | 128 | 82 | 6 | 10 | 15 | 34 | 30 |
| Cash Conversion Cycle | -339 | -143 | -74 | -45 | 42 | 105 | 115 | 109 | 117 | 97 |
| Working Capital Days | -38 | -14 | 19 | 35 | 60 | 57 | 60 | 44 | 39 | 46 |
| ROCE % | — | 23 | 25 | 22 | 24 | 20 | 16 | 13 | 14 | 13 |

## Shareholding Pattern

### annual

| Category | Mar 2017 | Mar 2018 | Dec 2018 |
| --- | --- | --- | --- |
| Promoters | 22.89% | 22.89% | 22.89% |
| Public | 77.11% | 77.11% | 77.11% |
| No. of Shareholders | 11220 | 11251 | 11413 |

### Quarterly

| Category | Jun 2016 | Sep 2016 | Dec 2016 | Mar 2017 | Jun 2017 | Sep 2017 | Dec 2017 | Mar 2018 | Jun 2018 | Sep 2018 | Dec 2018 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 45.85% | 45.86% | 22.89% | 22.89% | 22.89% | 22.89% | 22.89% | 22.89% | 22.89% | 22.89% | 22.89% |
| Public | 54.15% | 54.15% | 77.11% | 77.11% | 77.11% | 77.11% | 77.11% | 77.11% | 77.11% | 77.11% | 77.11% |
| No. of Shareholders | 9608 | 10224 | 11125 | 11220 | 11172 | 11183 | 11331 | 11251 | 11175 | 11332 | 11413 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 3 / 5 / 11

### Moving Averages — summary: **Strong Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 112.95 | Sell |
| EMA (10) | 111.03 | Sell |
| SMA (20) | 109.9 | Sell |
| EMA (20) | 110.37 | Sell |
| SMA (50) | 107.55 | Sell |
| EMA (50) | 109.41 | Sell |
| SMA (100) | 109.9 | Sell |
| EMA (100) | 111.4 | Sell |
| SMA (200) | 117.66 | Sell |
| EMA (200) | 117.79 | Sell |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 45.13 | Neutral |
| MACD (12,26,9) | 1.02 | Sell |
| Stochastic (14,3,3) | 42.39 | Neutral |
| ADX (14) | 18.61 | Neutral |
| Williams %R (14) | -84.1 | Buy |
| ATR (14) | 6.46 | High Volatility |
| ROC (12) | 1.49 | Buy |
| Stoch RSI (14) | 0 | Buy |
| UO (7,14,28) | 52.1 | Neutral |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 4 Jan 2016 - Aditya Birla Chemicals (India) Ltd has informed BSE regarding a Press Release dated January 04, 2016 titled "Aditya Birla Chemicals (India) Ltd merged with Grasim … | [Aditya Birla Chemicals (India) Ltd merged with Grasim Industries Ltd 4 Jan 2016 - Aditya Birla Chemicals (India) Ltd has informed BSE regarding a Press Release dated January 04, 2016 titled "Aditya Birla Chemicals (India) Ltd merged with Grasim …](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=55AE2976_629C_42D6_B2B1_78849CB3F1B1_190211.pdf) |
| 4 Jan 2016 - Aditya Birla Chemicals (India) Ltd has informed BSE regarding a Press Release dated January 04, 2016 titled "Aditya Birla Chemicals (India) Ltd merged with Grasim … | [Aditya Birla Chemicals (India) Ltd merged with Grasim Industries Ltd 4 Jan 2016 - Aditya Birla Chemicals (India) Ltd has informed BSE regarding a Press Release dated January 04, 2016 titled "Aditya Birla Chemicals (India) Ltd merged with Grasim …](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2016/1/55AE2976_629C_42D6_B2B1_78849CB3F1B1_190211.pdf) |
| — | [Board Meeting Intimation for Notice Of Meeting Of Board To Consider And Approve Unaudited Financial Results For The Quarter Ended On June 30, 2019 Along With Other Routine Businesses. 7 Aug 2019](https://www.bseindia.com/xml-data/corpfiling/AttachHis/c7a484c2-22b2-4974-9463-23e03ed4f5cc.pdf) |
| — | [Closure of Trading Window 1 Jul 2019](https://www.bseindia.com/xml-data/corpfiling/AttachHis/c43ae0eb-cb8b-4f06-b74a-7f7fc89ab449.pdf) |
| — | [Revised Audited Results For The Financial Year Ended On 31.03.2019. 27 Jun 2019](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ce98742d-d6d2-4a78-9987-f61631a2bfba.pdf) |
| — | [Outcome of Board Meeting 30 May 2019](https://www.bseindia.com/xml-data/corpfiling/AttachHis/21dbdb69-7de9-42a8-b461-afec594e60eb.pdf) |
| — | [Audited Financial Results For The Quarter And Year Ended On 31St March, 2019 30 May 2019](https://www.bseindia.com/xml-data/corpfiling/AttachHis/db502970-4cb6-4ac4-b142-2f3a16ae8ce0.pdf) |
| — | [Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 12 Feb 2016](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=448716A1_8792_4AA0_86B3_56A5AF6E594C_150618.pdf) |
| — | [Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 12 Feb 2016](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2016/2/448716A1_8792_4AA0_86B3_56A5AF6E594C_150618.pdf) |
| — | [Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 11 Feb 2016](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=C75BD968_E0ED_4871_B9AA_FB8667EC7E7F_173545.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Annual Report 2013 from nse](https://archives.nseindia.com/annual_reports/AR_1273_ABCIL_2012_2013_29082013100245.zip) |
| from nse | [Financial Year 2012 from nse](https://archives.nseindia.com/annual_reports/AR_SITASHREE_2011_2012_14092012110328.zip) |
| from nse | [Annual Report 2010 from nse](https://archives.nseindia.com/annual_reports/AR_ABCIL_2009_2010_25082010120000.zip) |
| from bse | [Financial Year 2018 from bse](https://www.bseindia.com/bseplus/AnnualReport/532961/5329610318.pdf) |
| from bse | [Financial Year 2017 from bse](https://www.bseindia.com/bseplus/AnnualReport/532961/5329610317.pdf) |
| from bse | [Financial Year 2016 from bse](https://www.bseindia.com/bseplus/AnnualReport/532961/5329610316.pdf) |
| from bse | [Annual Report 2015 from bse](https://www.bseindia.com/bseplus/AnnualReport/500057/5000570315.pdf) |
| from bse | [Financial Year 2015 from bse](https://www.bseindia.com/bseplus/AnnualReport/532961/5329610315.pdf) |
| from bse | [Annual Report 2014 from bse](https://www.bseindia.com/bseplus/AnnualReport/500057/5000570314.pdf) |
| from bse | [Financial Year 2014 from bse](https://www.bseindia.com/bseplus/AnnualReport/532961/5329610314.pdf) |

---

Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T18:19:24.655Z.