BC FINEOTEX CHEM
Saved by @shanki03

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
The capacities for the company are fungible across segments and products. This has resulted in better revenue generation on every unit of investment. Additionally, the investment required to put up additional capacities is low for the company and this has supported the strong
RoCE at 21-22% and asset turnover of more than 5 times over the past few years
Business Segment -
- Textile ( Major Revenue)
- Home Care and Hygiene( Recent Entry )
- Drilling ( Recent entry)
-Other Specialities
-Speciality textiles - FCL manufactures chemicals for entire valve chain in textile segment from weaving to finishing.
- Major Customer ( See Below)
Sales in 60+ countries including Brazil, Bangladesh, Germany, Indonesia, Malaysia, Singapore, Syria, Thailand, USA, Venezuela and Vietnam
-Revenue mix ( FY 21) 57% international 43% india
Aquastrike VCF–( Product developed by Malaysian subsidiary ) waiting for WHO Approval since last 3 yrs ( Not sure whether they will get approval or not but its a interesting product )
It is a non toxic, non polluting, Eco-friendly solution, produced
• Simply poured on the water surface at a rate of 1ml per square meter, the silicon based
liquid forms a molecule thick film, that doesn't stop water oxygenation (so no effect on fish, worms, snails and vegetals) but alter the water surface tension
. As a result, larvae and pupae are unable to attach their breathing syphon and end up drowning.
• The adult mosquitoes while trying to lay eggs on the surface of the water, drown because of the lower surface tension.
• It doesn't kill the mosquitoes by poisoning. Aquastrike effect is physical not chemical,
which eliminates the risk of mosquito developing immunity to the product as it is the case
with some insecticides or even BTI.
Risk -
1- Big European competitors
Clariant ( Archroma)
Huntsman
Woodolf
CHT
Woolera
ICI Croda
2-Sebi Fined Promotors for IPO case
3- Many family transections ( Probably to save Tax) Read article by Dr Vijay Malik for Details .
Why I bought shares of FCL
1- New capacity in coming up
2- Tie Up with Health Guard Australia for products
3- Growth in Textile industry
4- Recent entry in Home care and Hygiene Products
5- R&D will be better with SASMIRA tie-up.

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drprashantmishra
drprashantmishra
@drprashantmish6
GSFC Some Facts -
1- Its a Government company with mcap of around 5000cr
2-Its having Debt of only 35 Cr with Deposit of 1000 Cr
3-Its investment value
GNFC -almost 3 cr shares X437=1300 cr
Guj Ind power 2.23crX 85=189 Cr
GACL 16 lacX = 107 cr

Guj https://t.co/v6Yk7U34AA corp 9 lacX6.8=63 lac
Gujarat Gas 4.7 CrX=2968 cr
Bandhan Bank 11.35X284 =32 cr
IDBI 5.5 lacX 44= 2.4 cr
MCFL 5.8 lac X 76= 4.4 cr
Total value of investment =4700 Cr

Production capacity of Its plant for Various products + Methanol plant plus Melamine plants


Major Raw Material
Rock phosphate
Ammonia
Benzene
Phosphoric acid
sulfur

Expansion-
1-ammonium sulphate 4th plant of 400 metric tonnes capacity - Revenue estimated 230 Cr
2- sulphuric acid, fifth plant. 600 metric tonnes per day for captive consumption.
GSFC
drprashantmishra
drprashantmishra
@drprashantmish6
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).
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EV MISHRA
EV MISHRA
@drprashantmish6
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 )
JUBLIANTINGREVIA
drprashantmishra
drprashantmishra
@drprashantmish6
# 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
DYNEMICPRODUCTS
drprashantmishra
drprashantmishra
@drprashantmish6
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
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"Mom, has a man ever touched you without your consent?"
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Dad was unmoved and told the guy to stop arguing with him.

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Andhakasuravadha Samharamurti -#story #Thread
Sculpture of Bhagwan Shiva as the destroyer of the Asura Andhaka - Cave 29,Ellora caves

Asura Andhaka hangs on to a trishula held by 6-armed Shiva.

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