Partner With Us NRI

Ashok Alco-Chem Ltd

Company details

6M Return 2.26%
1Y Return -12.08%
Mkt Cap.(Cr) 38.50
Volume 8,457
Div Yield 0.60%
OI Chg %
Volume 8,457

Open Free Demat Account Online with ICICIDIRECT



Operating Profit

Profit after Tax


Reserves and Surplus



Operating Profit

Profit after Tax






Equity Capital: 41.32 Cr FV: 10.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 17,871.26 -28,732.63
LAST 3M 35,065.84 -30,146.79
LAST 6M 57,360.50 38,576.46
LAST 12M 186,944.70 -113,961.48


Stock PE (TTM)


Promoter Holding


Book Value







  • Promoted by the Kadakia family, Ashok Alo-Chem forms part of the Ashok Organics group. It acquired a distillery to manufacture industrial alcohol, and an acetic acid plant, set up by Ashok Organic Industries, the flagship of the group, for the specific purpose of handing it over to the company on 1 Apr.`93. Its entire production of industrial alcohol is used captively to manufacture alcohol-based chemicals, including acetic acid. Acetic acid, known as a universal solvent, finds application in a variety of industries such as textiles, food processing, dyes, plastics, paper, bulk drugs and pharmaceuticals. Ashok Alo-Chem`s reputed customers include Colour-Chem (India), Indian Dyestuff, Reliance Industries, E Merck and Vinyl Chemicals. In 1994-95, the company commissioned a bio-gas effluent treatment plant to produce methane gas in technical collaboration with Aqua Technos, Bangkok, and modernised its distillery. The modernisation involved a change from the batch-processing to the continuous fermentation process which enhanced the yield per tonne of molasses by 20%. The projects were financed partly by a public issue in May `94. The capacities of both units have been increased by 50%; the distillery to 1 cr ltr and acetic acid to 9000 tpa. Ashok Alo-Chem now plans to further expand the capacity of acetic acid by 5000 tpa, produce extra-neutral alcohol (ENA) at the distillery and set up a plant to manufacture down-stream products from acetic acid. It proposes to set up a plant to manufacture high-value-addition dye-intermediates. Company`s expansion Acetic Acid Unit & Ester Unit has been sucessfully commissioned in March`99. Demand for acetic acid and ester at home and abroad is expected to be stable & company is hopeful about performance of 1999-2000 will give better results. During the year 2000-01, capacity utilisation of acetic acid plant cound be marginally augmented to 64% . Realisations during the year also remained better than those of the previous year. However, the realisation from the downstream products have not been commensurate with the prices of acetic acid. The company is hopeful to revert back to the profitable operations during the next financial year.

Registered Address

12/13 Jeevan Udyog Building, 278 Dr D N Road Fort, Mumbai, Maharashtra, 400001

Tel : 91-22-66106338
Email : info:ashokalcochem.com
Website : http://www.ashokalcochem.com


Link Intime India Pvt Ltd

AGM Date (Month) : Sep
Face Value Equity Shares : 10
Market Lot Equity Shares : 1
BSE Code : 524594
Book Closure Date (Month) : Sep
BSE Group : X
ISIN : INE994D01010

ICICIdirect Ashok Alco-Chem Ltd FAQ

You can buy Ashok Alco-Chem Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Ashok Alco-Chem Ltd Share.
Company share prices and volatile and keep changing according to the market conditions. As of Feb 03, 2023 04:01 PM the closing price of Ashok Alco-Chem Ltd was ₹ 83.70.
Market capitalization or market cap is determined by multiplying the current market price of a company’s shares with the total number of shares outstanding. As of Feb 03, 2023 04:01 PM, the market cap of Ashok Alco-Chem Ltd stood at ₹ 38.50.
The latest PE ratio of Ashok Alco-Chem Ltd as of Feb 03, 2023 04:01 PM is 30.31
The latest PB ratio of Ashok Alco-Chem Ltd as of Feb 03, 2023 04:01 PM is 1.08
The 52-week high of Ashok Alco-Chem Ltd is ₹ 100.70 while the 52-week low is ₹ 62.00

Download Our App

market app
market app