Vinyl Chemicals
(I) Ltd ( 524129 ) closes
at ₹146.75 with a Loss of -3.70% on
14-May-2021 with formation of a Red Candle on Daily Price
Chart.
About the Company : Vinyl Chemicals (India) Ltd. is engaged
in trading of chemicals. The Company is involved in the business of selling
various specialty chemicals to textile, paints and adhesive sectors. The
Company is engaged mainly in trading of Vinyl Acetate Monomer (VAM). The VAM is
imported/sourced from various global suppliers and distributed/traded in India
Sector Update : Positive
Strength : VAM costs surged 186% YoY
and 19.1% QoQ.
Financials : Vinyl Chemicals (I) Ltd has posted Net Sales / Revenue of ₹404.00Cr &
Net Profit of ₹11.00 Cr in FY2021.
Valuations : The Company is now
Trading at X 1.50 of its valuations (
last 4Quaters earnings considered here) with ~50 % premium .
Margin of Safety (1Yr Bond Yield: Value>1
) is now 1.1 which
makes is attractive after a ~10% fall in market price. The Equity Value Per Share ( Enterprise Value Method
) is ₹140.
Whats
best in It : Vinyl Chemicals (I) Ltd is a Debt Free Company
.Owners Cash profit has turned positive and it finds place in our Growth
Candidate matrix.
If We factor its earnings/valuations, its Price arrives
at ₹198 with
consideration FY2022 earnings.
Disclaimer : We are / may going to take exposure shortly.
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Data
Source | NSE Website | Screener.In | Capital Line | Money Control |
The
author tracks economic, behavioural and corporate tends, hoping to gauge good
avenues of return based on Fundamental Valuations of Stocks, a follower of EPV
method. You can reach me/us at |
Twitter # NiftyNext1 | e-Mail :
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