Indian manufacturer of specialty surfactants for home-care and personal-care FMCG brands, exporting to 30+ countries across Asia, Europe, Africa and the Americas.
Price
Market Cap
Sector
Commodities
Rank
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | FY26 |
|---|---|---|---|---|---|---|---|---|
| LiabilitiesEquity Capital | 8 | 8 | 8 | 8 | 8 | 8 | 8 | 8 |
| Reserves | 103 | 125 | 128 | 160 | 211 | 226 | 228 | 238 |
| Borrowings | 109 | 152 | 162 | 149 | 99 | 110 | 118 | 104 |
| Other Liabilities | 42 | 102 | 105 | 86 | 105 | 134 | 135 | 167 |
| Total Liabilities | 262 | 387 | 402 | 404 | 423 | 479 | 490 | 518 |
| AssetsFixed Assets | 151 | 187 | 173 | 204 | 206 | 201 | 201 | 202 |
| CWIP | 14 | 20 | 48 | 7 | 7 | 13 | 29 | 40 |
| Investments | 0 | 0 | 0 | 5 | 5 | 6 | 0 | 6 |
| Other Assets | 97 | 180 | 182 | 188 | 206 | 258 | 260 | 271 |
| Total Assets | 262 | 387 | 402 | 404 | 423 | 479 | 490 | 518 |
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | 18 | 36 | 23 | 24 | 52 | 11 | 77 |
| Cash from Investing | -2 | -60 | -23 | -11 | -16 | -16 | -46 |
| Cash from Financing | -16 | 32 | -6 | -8 | -37 | 0 | -20 |
| SummaryCapital Expenditure | — | — | — | — | — | — | — |
| Free Cash Flow | -7 | -25 | 5 | 14 | 36 | -9 | 32 |
| FCF Margin | — | — | — | — | — | — | — |
This looks cyclical, and we don't have enough quarters to establish a through-cycle earnings base. Valuing it off the current point in the cycle would be misleading.
AARTISURF · CYCLICAL_UNMODELABLE
Guides on how to read this kind of business and the numbers that matter.