@Mahesh Shah, a good exploration and walk through of Flavours and Fragrance @ Camphor & Allied products. I have had the patience (Hero Honda’s Punch line- Fill it and Forget it) to stay with the company right from IPO, when the greens stripes etc were predominantly decorated on the white paper in share certificates which are still available with me at my residence (temporarily I am abroad on a visit). I recall CAP was involved in producing natural products from MInt like – Mentha Oil, Menthol, and (maybe some derivatives like Cornmint Oil, Menthone, and Menthyl Acetate) apart from extracting turpentine oils etc (not forgetting Camphor made organically from Natural products).; until it was given competition from the industries which produced Mint flavours and products artificially. Organic chemistry and organic produce have a competition always ( Viz Mangalam Organics
Ltd since 1981); and the AR’s of CAP cited constraints to support their dismal performance, and cover denial of say – Dividends.
Since I was never impressed with performance of Mangalam Organics Ltd most of times, never considered switching.
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