Scrip Watch

Scrip Sanctuaries for protection from the wildlife in this jungle of Indian Equities

 

Sadhana Nitrochem Ltd
Commodity Chemicals
FV – Rs 1; 52wks H/L – 146.7/13.57; TTQ – 88 K; CMP – Rs 146 (As On February 4, 2022);                      

            Market Cap – Rs 2870 Crs

Consolidated Financials and Valuations for FY21 (Amt in Rs Crs unless specified)


Equity Capital

Net worth
 Debt
Total
Sales
PAT
BV
(Rs)

EPS (Rs)

P/E

P/BV

Promoter’s
Stake
13.97 130 80 103 16 9 1.2 122 16.2 74.02

 

Consolidated Financials and Valuations for H1 FY22 (Amt in Rs Crs unless specified)


Equity Capital

Net worth
 Debt
Total
Sales
PAT
BV
(Rs)

EPS (Rs)

P/E

P/BV

Promoter’s
Stake
19.56 134 105 60 4 7 0.2 730 21 74.02

 

Key Updates :

  • The Board of Directors of the Company made a preferential issue of 65,20,606 (Sixty- Five Lakhs Twenty Thousand Six Hundred and Six) Share Warrants, convertible into 65,20,606 equity shares of face value of Rs. 1/- each, to be issued at Rs. 153.36 per Share Warrant/ Equity Share(including premium of Rs. 152.36) approximately aggregating to Rs. 1,00,00,00,137 (Rupees One Hundred Crore One Hundred and Thirty Seven Only). https://www.bseindia.com/xml-data/corpfiling/AttachLive/faca704b-cdf3-4034-a2bd-9c734aace9d9.pdf
  • The company is in the stage of rolling out PAP plants of capacity of 36000TPA which will be installed over couple of years. The first phase of 6000TPA will be live for production for FY21-22.
  • The global 1,2,3,4-Butanetetracarboxylic Acid (CAS 1703-58-8) market is valued at 17.41 Million USD in 2021 and will grow with a CAGR of 1.48% from 2021 to 2027 and the company is key player in this segment.

 

Overview:

The company is engaged in manufacture of chemical intermediaries, heavy organic chemicals and performance chemicals.

Management :

Mr. Asit D. Javeri – Chairman

Mr. Abhishek A. Javeri – CFO

 

Share Price Trend :

 

Share Price Snapshot:

Year Open (Rs.) High (Rs.) Low (Rs.) Close (Rs.)  
2016 27.7 39.85 15.1 27.2
2017 29.95 108.35 27.3 94.7
2018 95.1 1,349.95 89.35 881.1
2019 880 887.8 78.75 112.7
2020 111 249.4 18.05 24.3
2021 24.9 74.75 19 57.4
2022 58.4 139.75 52 139.75

 

Financials : (Rs. In Lakhs)

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