BUSINESS BRIEF
The company is engaged in manufacturing of 2 speciality chemical compounds namely Calcium Nitrate and Sodium Nitrate. The plant is operating at 60% of its capacity.
- It has an inhouse fleet of 12 stainless steel insulated tankers for inbound and outbound logistics,
- It is externally debt free
Product application:
The speciality chemicals are used in:
- Glass,
- Explosives,
- Water Coolant,
- Cement,
- Surgical gloves,
- Sewage water treatment and water deodorize,
- Fertilizers,
- Adhesives,
- Heat Treatments,
- Preservation of meat etc.
Explosive and Mining comprise major customers. The others listed are sectors where the product can be used.
Business Divisions
Not applicableProducts & Services
Commodity ChemicalProposal
Industry
Chemicals, Petrochems, Fertilizers
Sub Industry
Commodity Chemicals
Sector
Manufacturing
Reason for sell-off
Succession
Top Customer
Deal Size
INR 25 - 40 Cr
Justification
Method used is Discounted Cash flow as well as EBITDA multiple
Business Operation Information
Financial Information |
2023 (in INR Cr) | 2022 (in INR Cr) | 2021 (in INR Cr) | 2020 (in INR Cr) |
|---|---|---|---|---|
Sales |
50.60 | 21.40 | 90.50 | 10.80 |
EBITDA |
N.D | N.D | N.D | N.D |
PAT |
N.D | N.D | N.D | N.D |
