This stock manufactures life science-related speciality chemicals; do you hold it?
The company's clients include Syngenta, Adama, Sumitomo Chemical, and UPL.
On September 22, Anupam Rasayan India Ltd is among the Top Gainers. Anupam Rasayan India Ltd shares had increased by 4.38 per cent and closed at Rs 751.55. The stock opened at Rs 754.35 and reached an intraday high and low of Rs 823 and Rs 749.1, respectively.
Anupam Rasayan India Ltd specialises in the custom synthesis and production of speciality chemicals. It has 48 complex products in its product portfolio.
The company is divided into two business segments:
- Life science-related speciality chemicals- agrochemicals, personal care, and pharmaceuticals.
- Other speciality chemicals- speciality pigments and dyes and polymer additives.
The company operates six manufacturing plants, all of which are located in Gujarat. The total installed capacity of these plants is 27,200 MTPA. The company’s clients include Syngenta, Adama, Sumitomo Chemical, and UPL.
Anupam Rasayan India reported consolidated revenue of Rs 1066 crore and a net profit of Rs 151 crore for FY22. The company's ROE and ROCE are 9.16 per cent and 11 per cent, respectively, as of the FY22 period ending.
Over the last five years, the company has delivered strong financial growth, with sales and net profit CAGRs remaining at 30 per cent and 34 per cent, respectively.
The company is currently trading at a PE multiple of 48.25x and has a market capitalization of Rs 7974 crore. In terms of shareholding, the promoters own 65.17 per cent of the company, FIIs own 4.98 per cent, DIIs own 4.4 per cent, and non-institutional investors own the remaining 25.45 per cent. The 52-week high and low for the stock are Rs 1106 and Rs 547.1, respectively.