Saturday, July 23, 2022
HomeMutual FundAlpha | Chemplast Sanmar Ltd.

Alpha | Chemplast Sanmar Ltd.


Chemplast Sanmar Ltd. – PVC Resin Participant

Chemplast Sanmar Ltd., a part of South India-based Sanmar Group, is among the many main PVC and specialty chemical compounds producers in India the place it began operations in 1967 with a concentrate on specialty paste PVC resin and customized manufacturing of beginning supplies and intermediates for pharmaceutical, agrochemical, and superb chemical compounds sectors.

CSL is certainly one of India’s main producers of specialty paste PVC resin on the idea of put in manufacturing capability. It is usually the third largest caustic soda producer and the biggest hydrogen peroxide producer in South India.

Pursuant to the CCVL Acquisition, it acquired 100.0% fairness curiosity in CCVL, the second largest suspension PVC resin producer in India and the biggest producer within the South India area.

Valuation:

Sturdy income development and sustenance of working margins at ~18-20%, supported by higher income range and elevated contribution from the Customized Manufactured Chemical compounds phase, resulting in increased than anticipated money era. We advocate a BUY ranking within the inventory with the goal worth (TP) of Rs.580, 14x FY24E EPS. 

Different articles you could like



Publish Views:
358

RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Most Popular

Recent Comments