Few highlights of first detailed presentation by the Company:
- Higher margin biz (Specialty chemicals) to contribute >60% in future (currently it seems 40%)
- In Specialty
fb8f6228-4032-48c5-bca4-11aa4e99ca06.pdf (4.4 MB)
chemicals:
a. Evolved from 20-50 tonnes/year to 80-100 tonnes/year, now
receiving inquiries for > 500 tonnes per year
b. At inflextion point, scaling up with global giants - 40 team of R&D: 20 PHDs
- Marquee client: BASF, Laurus, Aarti, Dipharma, Lonza, Cipla
- Land parcel available for future expansion
- Block 8 is operational since Q1 FY’25, to contribute meaningfully in Q3 FY’25
- Block 7 to be completed in 18 months (Dec’25): production of complex, niche specialty chemicals using automated plants, targeting low volume, high-profitability molecules
- They focus on products requiring 3-4 different chemistries rather than just 3-4 reaction steps reducing competition
- enter into product which fits their margin profile
- Sustainable EBIDTA: 24 to 28%; last two quarters higher EBIDTA due to RM pricing
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