If the story that I just wrote plays out well, than I dont think valuation will soft any near time. IMHO, 1300s was good range to enter!!

IMHO, Clean science is poised at very interesting stage. long term investors who got in at 1300-1600 range is patiently waiting for their last 2-3 years capex on CleanFinoChem to start adding meaningfully on topline driven by HALS basket. Their very recent capex on I think 2 more new products will take couple of Qtrs to start contributing in my understanding. my expectation is HALS should start doing adding incrementally to topline in next 6 Qtrs and margin will start good improvement from Q4 onwards when HALS has good volume. While this is expectation, we also assuming their current set of products which are holding volume continues to marginally grow or atleast sustain where we are today.

On Promoter side, I am actually very much impressed by Siddhardh, he is been very professional in guiding investors. if above thesis plays out well, it will just add credibility to his name.

Couple of questions to people here

1. Cleanscience’s set of promoters are highly competent in chemical segment. They have many interest in other companies some of them unlisted like Matrix life science (run by Sidhharth’s brother Kunal) plus Mr Rathi is promoter in Sudharshan as well. plus there is one more unlisted co where all of them are in play. what is postive and negative here?

2. Sometime back I read Vinati is starting backward integration of MEHQ. Anyone can throw more light here? where they stand? What is impact to cleanscience as I am guessing cleanscience delivers to Vinati today? Can someone ask this question in next concall?

disclaimer – Invested at 1390!! Long and 12% of my PF.