Backward-integrated maker of sulphur, boron and ethanol chemistry — sulphuric acid, benzene-sulfonyl-chloride derivatives and boron chemicals — from twin plants in Dahej (Gujarat) and Roha (Maharashtra), exporting to 25+ countries.
Price
Market Cap
Sector
Commodities
Rank
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | FY26 |
|---|---|---|---|---|---|---|---|---|
| LiabilitiesEquity Capital | 25 | 25 | 25 | 25 | 25 | 25 | 25 | 25 |
| Reserves | 120 | 148 | 168 | 173 | 184 | 202 | 209 | 223 |
| Borrowings | 25 | 35 | 93 | 101 | 88 | 72 | 40 | 87 |
| Other Liabilities | 42 | 55 | 97 | 101 | 80 | 81 | 101 | 111 |
| Total Liabilities | 212 | 263 | 383 | 400 | 377 | 380 | 374 | 445 |
| AssetsFixed Assets | 101 | 108 | 174 | 230 | 238 | 234 | 226 | 219 |
| CWIP | 9 | 38 | 63 | 11 | 6 | 0 | 0 | 5 |
| Investments | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 2 |
| Other Assets | 98 | 116 | 146 | 159 | 132 | 145 | 147 | 219 |
| Total Assets | 212 | 263 | 383 | 400 | 377 | 380 | 374 | 445 |
| Line item | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | 21 | 27 | 32 | 51 | 30 | 38 | 38 | -18 |
| Cash from Investing | -13 | -17 | -40 | -98 | -21 | -10 | -7 | -7 |
| Cash from Financing | -8 | -6 | 3 | 45 | -10 | -27 | -30 | 22 |
| SummaryCapital Expenditure | — | — | — | — | — | — | — | — |
| Free Cash Flow | 7 | 10 | -10 | -47 | 8 | 19 | 31 | -24 |
| 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.
DMCC · CYCLICAL_UNMODELABLE
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