# Dynemic Products Limited is one of the largest global man…

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

Company at present export to almost 65 countries, Company has two manufacturing plant in Ankleshwar ( Gujarat) All products manufactured according to regulatory requirements of FSSAI, EU, USFDA, WHO GMP certification

Global food colour market growth is projected at 9.8% from 2019-2023. In Fy 18-19 - Revenue split
Food colour around 80% revenue
Dye intermediates around 20% revenue

Promoters holding in company at present holding is 41.43%( increasing) mcap around 135 Cr , BV 103, PE 6.39 , regular dividend paying. Last 3 yrs ROCE > 20%,Average ROE > 19.2%, sales growth last 3 yrs not very encouraging

Borrowing 46 Cr. Dahej project-According to company Dahej project will complete by Aug 2020 but because of lockdown it may take 3-4 months more time for completion and then trial run and commercial production will start

And revenue will start reflecting from 2021-22 q1 In Dahej apart from food colours it’s planning to manufacture bulk drug Chlorzoxazne ( commonly used muscle relaxant) oxyclozanide ( veterinary uses)

Chlor hexidine ( disinfectant , antiseptic,mouth wash )Topic acid ( for manufacturing Atropin which is very commonly used drug ) Para Anisic acid ( for Manufacturing Amidarone - used for heart rhythm related problems)

In Dahej they will also manufacture PANA (N-Phenyl-alpha-naphthylamine) is a high-purity product widely used as an antioxidant in petroleum products, synthetic lubricants, rubber products, and as an organic intermediate.

In Dahej they will also manufacture para anisic aldehyde and para anisic alcohol ( perfume ) , para anisic acid ( sunscream lotion )

Another listed company from this segment is vidhi speciality food which seems to be better then Dynemic in financial parameters as if now ( I am invested in both ) This is what I know about Dynemic , please add more if you know .

@threadreaderapp unroll

Dynemic products ltd good results in this scenario, long term debt is up probably because of expansion.