TraderRahulPal

A specialty organic stock has good fundamental, given breakout.

Long
NSE:VINATIORGA   VINATI ORGANICS
Hello, everyone, i have brought another stock which has given breakout and ready to fly in blue sky,, Stock name is Vinati Organics Ltd and it is incorporated in 1989, It manufactures specialty organic intermediaries and Monomers.

KEY POINTS
Product Profile:

a) Specialty Aromatics
Iso butyl benzene/ IBB, N-Butyl Benzene, Secondary Butyl Benzene, Tertiary Amyl Benzene,
3- Phenylpentane, The C10 Aromatic solvent,
4 -Butylaniline.

b) Specialty Monomers:
2-acrylamido 2-methyl Propane Sulphonic
Acid (ATBS), Sodium Salt Of 2-acrylamido-2-methylpropane Sulphonic Acid (NAATBS), N-tertiary Butyl Acrylamide (TBA), N-tertiary
Octyl Acrylamide (TOA)

c) Butyl Phenols:
Ortho Tertiary Butyl Phenol/2 Tert Butylphenol, Para Tertiary Butyl Phenol/ 4 Tert Butyl Phenol,
2, 4 Di Tert Butylphenol, 2, 6 Di Tert Butylphenol

d) Other Specialty Products:
Isobutylene, Methanol, High purity Methyl Tertiary Butyl Ether, Tertiary Butylamine, Para tertiary butyl Benzoic Acid, Methyl 4-Tertiary butyl benzoate, Mixed Hexene

e) Miscellaneous Polymers:
Vintreat Polymer, VINPLAST 245,
VINFLOW HT, Isohexane, CAS
64742-49-0

Clientele:
Chemtall Inc., BASF Corporation, Mitsubishi Corporation, SNF, Dow Europe GMBH

Capex:
Company is currently undertaking capex of
~Rs.580 crore through internal accruals, viz. around Rs.300 crore in VOL for ATBS capacity expansion and Rs.280 crore in Veeral Organics Private Limited which will enable it to manufacture additional derivatives of Isobutylene. The ATBS capacity is to be expanded from 40,000 MT to ~60,000 MT.

Market Share:
Company is the only backward-integrated manufacturer of ATBS and butyl phenols with its own Isobutylene manufacturing unit. It ranks no.1 in the production for ATBS and IBB, commanding 65%+
market share for both these products.

Market Cap
₹ 20,129 Cr.
Current Price
₹ 1,958
High / Low
₹ 1,985 / 1,462
Stock P/E
62.2
Book Value
₹ 240
Dividend Yield
0.36 %
ROCE
18.6 %
ROE
13.8 %
Face Value
₹ 1.00
Industry PE
39.5
Debt
₹ 4.65 Cr.
EPS
₹ 31.5
Promoter holding
74.3 %
Intrinsic Value
₹ 453
Pledged percentage
0.84 %
EVEBITDA
39.5
Change in Prom Hold
0.22 %
Profit Var 5Yrs
2.72 %
Sales growth 5Years
11.0 %
Return over 5years
12.8 %
Debt to equity
0.00
Net profit
₹ 323 Cr.
ROE 5Yr
20.1 %
Profit growth
-29.4 %

Disclaimer:-
Please always do your own analysis or consult with your financial advisor before taking any kind of trades.

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Thankyou.

Best Regards,
Rahul Pal
(Full Time Trader & Investor)

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