Vinati Organics Limited Initiating Coverage Report By Motilal Oswal

Tagged: Motilal Oswal, Vinati Organics

This topic has 0 replies, 1 voice, and was last updated 8 years, 12 months ago by Vidhi Khanna.

Viewing 1 post (of 1 total)

Author

Posts
December 27, 2015 at 6:08 pm #2677

Vidhi Khanna
Keymaster

Valuations & View: As a diversified specialty chemicals company, VOL is a play on three key emerging trends: (1) Rising demand for specialty chemicals in India (15% CAGR FY15-FY20E),(2) Migration of global chemical manufacturing from China to India (Asia to have 70% production share by 2030), (3) established product positioning & lowest cost producer. We value VOL at 18x FY 18E EPS of INR 33.1 with a target price of INR 595, which is an upside of 32% from CMP.

Vinati-Organics-Motilal-Oswal
Author

Posts

Viewing 1 post (of 1 total)

You must be logged in to reply to this topic.