Fineotex Chemical Ltd ( My Observation ,no recommendations )
Market Cap 1,232 Cr.
Current Price 111
High / Low 120 / 29.2
Book Value 18.9
Promotors holding-around 65% ( In Last 3 yrs from 72.36 to 64.72 and last few month 64.72 to 64.82)

-OPM betwee 18-19% ( consolidated )in last 3-4 yrs
standalone between 20-25%
-sales growth last 3 yrs 16% and profit growth 23%
- Almost debt free
- High debtor days
-Good ROCE and ROE
EBITDA Margins - Company is hopeful for maintaining margins of 18-19%

-Manufacturing ,JV and R&D
1- Navi Mumbai- Capacity 36000 MT
2 Malaysia -6500 MT
3- Upcoming- Ambernath facility - 36000 TPA

4-JV with HealthGuard Australia for durable metal-free sustainable chemistry solutions that are anti-microbial and anti-viral(textile,detergent, leather and allied products)

5-Sasmira-Setting up a state of art Research & Development centre in collaboration with Sasmira Institute, one of India’s premier textile institutes
-Fy 21 R&D expenses 1.85 cr with top line of 219 cr ( I hope after Sasmira Tie up R&D will be much better

What is Biotechnology( i am trying to keep it very simple)
•Biotechnology is the study and manipulation of living things or their component molecules, cells, tissues, or organs for the benefit of humans (or other animals).
Example -

1Recombinant DNA (rDNA) technology
2Polymerase Chain Reaction (PCR)
3Cloning
4Fermentation
5The creation of
(a)Insulin to treat diabetes
(b)Proteases (enzymes used to remove stains from clothing)
(C)Antibodies (for recognizing and fighting certain diseases

(D)Selective Breeding (dog breeds, flowers, fruits)
(E)Pharmaceutical drugs
•Cellular manipulation products (growing human ears on mice
just see how Biotechnology produces Hepatitis B vaccine

Insulin Production is also a Biotechnology

The biotechnology sector encompasses five segments that cater to different sectors;
1-biopharma -
2 bio-agriculture
3 - bio-service
4- bio-industry and
5- bioinformatics (or BioIT).

DCW Ltd - CMP 28 rs ,some observations
1- CPVC - its only manufacturer of CPVC resin with capacity of 1000 MTPA( Meghmani and Grasim both are coming up with CPVC manufacturing capacity in next 2 yrs)provisional anti-dumping duty announced on 26th August 2019

has resulted into improvement in demand and average realisation improvement in demand and average realisation ,current capacity utilization of CPVC resin is 100%
2- SIOP- now 40% capacity utilization The SIOP segment turned profitable in 1HFY21

Both SIOP and CPVC contributed to 31% to the company’s EBITDA in 9month (FY20: 18%, FY19: 5%).
3-The PVC segment turned profitable and reported segment EBITDA of INR 650M with margins 14.5% (1HFY20: EBITDA loss of 11 million, FY20: EBITDA loss of INR109 million, FY19: INR166 m

mainly on account of a surge in PVC resin prices,
4- Caustic soda and soda ash segment profitability likely to remain subdued and i am not very much optimistic on this commodity business
5-Current revenue of specialty chemical - around 14% and company is focusing on increasing

with current capacity revenue share can increase up to 25-30% of total revenue
6-Balance sheet is stretched The interest coverage (EBITDA/gross interest expense) at 1.5x in 1HFY21 (FY20: 1.4x, FY19: 1.6x) and net leverage (net debt/EBITDA) at 3.8x

Jubilant ingrevia - Products integration ( Source Hemant Bubna)

Products integration -For Vitamin B3

Jubilant Ingrevia

Life science chemicals -Market Share

Ethyl acetate-One of the key products of Jubilant’s Life science business
Manufacturing from -bio-ethanol and acetic acid.
Jubilant is also the 7th largest Ethyl Acetate manufacturer in the world and has the largest market share in the domestic market.( See Below )

# Dynemic Products Limited is one of the largest global manufacturer & exporter of food colours in the world, offering wide range of1-Food Colours, 2-Lake Colours, 3-Blended Colours4-US-FDA certified FD&C Colours 5-Dye Intermediates 6-Natural food Colours 7-Salt free dyes

Food and drug Colors are used in food items , Beverages, cosmetics, Tablet, capsules, Gel , liquid, paste to enhance their visual appeal. Synthetic Food colours are in more use than the Natural colours, because of availability of wide range and competitive prices.

Dynemic Provides complete range of FD & C (Food Drug & Cosmetic) colours, which are approved by US FDA. Lake colours are more stable than the water-soluble colours, thus it is widely used in Cosmetic & Pharmaceutical industry

Salt free dyes are used in Cartridge Ink, Roller Ball point Ink, etc. Blended colours are mixture of two or more water-soluble colour or lake colours. It's customized products.

Dye intermediate -Pyrazolone based dye intermediate,Naphthalene and benzene based dye intermediate used in Food Colours
Reactive Dyes
Metal Complex Dyes
Acid Dyes
Ramazol Dyes
Direct Dyes