Alkali Metals
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Alkali Metals held its 58th annual general meeting on 21 August 2026 through video conferencing with 87 shareholders present, transacting seven resolutions. Shareholders approved adoption of the FY26 financial statements, a final dividend of Rs 1 per equity share, reappointment of two retiring directors and appointment of Sivarama Prasad Bhamidi as independent director for five years from 20 July 2026. The special resolutions to reappoint Y.S.R. Venkata Rao as managing director for three years from 1 May 2027 and to appoint Y.V. Prashanth as executive director for three years from 1 June 2026 were not passed, polling 12,640 votes for against 7,326 and 13,970 for against 5,726 respectively. The meeting had been convened under a 29 July notice that proposed the managing director's continuation past age 75 and the executive director's term alongside the independent director appointment. Venkata Rao holds 67.81% of the company, which reported turnover of Rs 9,302.90 lakh and net profit of Rs 55.64 lakh in FY26. The company makes sodium derivatives, pyridine derivatives and fine chemicals across plants at Uppal, Dommara Pochampally and JN Pharma City.
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Alkali Metals held its 58th annual general meeting on 21 August 2026 through video conferencing with 87 shareholders present, transacting seven resolutions. Shareholders approved adoption of the FY26 financial statements, a final dividend of Rs 1 per equity share, reappointment of two retiring directors and appointment of Sivarama Prasad Bhamidi as independent director for five years from 20 July 2026. The special resolutions to reappoint Y.S.R. Venkata Rao as managing director for three years from 1 May 2027 and to appoint Y.V. Prashanth as executive director for three years from 1 June 2026 were not passed, polling 12,640 votes for against 7,326 and 13,970 for against 5,726 respectively. The meeting had been convened under a 29 July notice that proposed the managing director's continuation past age 75 and the executive director's term alongside the independent director appointment. Venkata Rao holds 67.81% of the company, which reported turnover of Rs 9,302.90 lakh and net profit of Rs 55.64 lakh in FY26. The company makes sodium derivatives, pyridine derivatives and fine chemicals across plants at Uppal, Dommara Pochampally and JN Pharma City.
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May 26 (Reuters) - Alkali Metals Ltd ALML.NS:
ALKALI METALS LTD - RECOMMENDS DIVIDEND OF 1 RUPEE PER EQUITY SHARE
Source text: ID:nNSE8TJ3Tf
Further company coverage: ALML.NS
(([email protected];))
May 26 (Reuters) - Alkali Metals Ltd ALML.NS:
ALKALI METALS LTD - RECOMMENDS DIVIDEND OF 1 RUPEE PER EQUITY SHARE
Source text: ID:nNSE8TJ3Tf
Further company coverage: ALML.NS
(([email protected];))
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What does Alkali Metals do?
Alkali Metals Limited, established in 1968, is a renowned player in the chemical industry. With a global presence spanning multiple countries, the company manufactures a wide range of chemical products while focusing on innovation, collaboration, and customer-centricity.
Who are the competitors of Alkali Metals?
Alkali Metals major competitors are AG Ventures, Archit Organosys, Polson, Par Drugs & Chem., Kanchi Karpooram, Rite Zone Chemcon, Multibase India. Market Cap of Alkali Metals is ₹87 Crs. While the median market cap of its peers are ₹127 Crs.
Is Alkali Metals financially stable compared to its competitors?
Alkali Metals seems to be less financially stable compared to its competitors. Altman Z score of Alkali Metals is 2.73 and is ranked 7 out of its 8 competitors.
Does Alkali Metals pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. Alkali Metals latest dividend payout ratio is 182.98% and 3yr average dividend payout ratio is 136.59%
How has Alkali Metals allocated its funds?
Companies resources are allocated to majorly unproductive assets like Inventory, Accounts Receivable
How strong is Alkali Metals balance sheet?
Balance sheet of Alkali Metals is moderately strong, But short term working capital might become an issue for this company.
Is the profitablity of Alkali Metals improving?
Yes, profit is increasing. The profit of Alkali Metals is ₹1.06 Crs for TTM, ₹0.56 Crs for Mar 2026 and -₹5.8 Crs for Mar 2025.
Is the debt of Alkali Metals increasing or decreasing?
The net debt of Alkali Metals is decreasing. Latest net debt of Alkali Metals is ₹16.18 Crs as of Mar-26. This is less than Mar-25 when it was ₹16.99 Crs.
Is Alkali Metals stock expensive?
Alkali Metals is expensive when considering the PE ratio, however latest EV/EBIDTA is < 3 yr avg EV/EBIDTA. Latest PE of Alkali Metals is 81.92, while 3 year average PE is 44.93. Also latest EV/EBITDA of Alkali Metals is 18.39 while 3yr average is 18.47.
Has the share price of Alkali Metals grown faster than its competition?
Alkali Metals has given lower returns compared to its competitors. Alkali Metals has grown at ~-12.92% over the last 3yrs while peers have grown at a median rate of -8.88%
Is the promoter bullish about Alkali Metals?
Promoters stake in the company seems stable, and we need to go through filings and allocation of resources to gauge promoter bullishness. Latest quarter promoter holding in Alkali Metals is 69.59% and last quarter promoter holding is 69.59%.
Are mutual funds buying/selling Alkali Metals?
There is Insufficient data to gauge this.