What am I missing in Insecticides India?

Hi Everyone,

This is my first post in the forum. I have been investing in stocks for quite some time, but based on some basic analysis and few blogs / recommendations.

I am writing this blog to get views on Insecticides India.

I see that there have been quite a few recommendations on PI industries. From the same industry we have Insecticides India. If we look at the numbers, insecticides is –
1) Insecticides is at PE of 13 while other top companies are at 50
2) Insecticides is at 1 times sales while others are at 4 or 5 times sale.
3) Profit of Insecticides has been decent from year on year basis.
4) OPM is around 12% ( not very high but still looks decent)
5) Promoter shareholding is decent at 68% ( though it has come down in last quarter). but it’s pretty high compared to few others. And DII / FII holding has increased. ( Not sure if some of promoter holding has been reclassified as DII in last quarter).

So here are few of the questions that I have on why insecticides is valued lower than others –
1) Is growth not enough or projections are lower?
2) Any concerns on Promoters?
3) Are products just not good enough?

Appreciate any feedback on my post.

Disc – Invested in Insecticides.

Thanks,
Anurag