✍️ SCIL has 2% global mkt revenue share of the organics pigment mkt
✍️ The exit of global biggies wil help SCIL to improve mkt share
✍️ Dominates Indian Pigment Ind. with 35% mkt share
✍️ Key positives: Low cost mfging advantage,Technical capabilities & Environmental compliance
✍️ The exit of global biggies wil help SCIL to improve mkt share
✍️ Dominates Indian Pigment Ind. with 35% mkt share
✍️ Key positives: Low cost mfging advantage,Technical capabilities & Environmental compliance
✍️ Global colour pigment mkt to be $10 Bn & the oppotunity available for SCIL to be $8.6 Bn (Organic-$5 Bn, Inorganic-$3 Bn & Effect-$0.6 Bn)
✍️ Global organic pigment mkt is expected to grow @ CAGR of ~3% over the next 5 yrs
✍️ China's woes are blessings for Indian Chemical Cos
✍️ Global organic pigment mkt is expected to grow @ CAGR of ~3% over the next 5 yrs
✍️ China's woes are blessings for Indian Chemical Cos
✍️ FY19 performance was impacted by global slowdown
✍️ Divesting its non-core biz to free up cash to be utilized for debt reduction & capacity expansion
✍️ Focus on high margin speciality pigment portfolio
✍️ Currently It has >400 products & wil keep adding 25-35 products yearly
✍️ Divesting its non-core biz to free up cash to be utilized for debt reduction & capacity expansion
✍️ Focus on high margin speciality pigment portfolio
✍️ Currently It has >400 products & wil keep adding 25-35 products yearly
✍️ In last 10 yrs, ~800 crs of CapEx funded from internal accruals with no equity dilution
✍️ CapEx ~300 crs in the CY & ~200 crs nxt yr to expand its capacities which will rise ~40% in the nxt 3-4 yrs
✍️ Export share rose to 46% in FY19 as its global reach spread to 85 countries
✍️ CapEx ~300 crs in the CY & ~200 crs nxt yr to expand its capacities which will rise ~40% in the nxt 3-4 yrs
✍️ Export share rose to 46% in FY19 as its global reach spread to 85 countries
✍️ Diversified product portfolio
✍️ Focus continues on decorative coatings & plastics
✍️ Spends ~$4 Mn on R&D & technical services
✍️ Significant expansion plans of ~1000 crs to be incurred over a period of 5 yrs
✍️ Expansion is expected to be at the Co's Roha facility
#SCIL
✍️ Focus continues on decorative coatings & plastics
✍️ Spends ~$4 Mn on R&D & technical services
✍️ Significant expansion plans of ~1000 crs to be incurred over a period of 5 yrs
✍️ Expansion is expected to be at the Co's Roha facility
#SCIL
✍️ ~75% CapEx will move towards speciality pigments & other wil be deployed for debottlenecking of capacities in non-speciality pigment
✍️ SCIL able to generate an asset turnover of 2.5-3x & expects payback period of 4 yrs with return on invested capital of over 20%
@Stockstudy8
✍️ SCIL able to generate an asset turnover of 2.5-3x & expects payback period of 4 yrs with return on invested capital of over 20%
@Stockstudy8
✍️ Risks: Higher RM prices & delay in the ability to pass on price hikes adequately, adverse Forex fluctuations
✍️ Overall Outlook remains bullish considering major expansion, lower corporate tax rate, exit of biggies, margin expansion
@Rishikesh_ADX @StocksNerd @AnyBodyCanFly
✍️ Overall Outlook remains bullish considering major expansion, lower corporate tax rate, exit of biggies, margin expansion
@Rishikesh_ADX @StocksNerd @AnyBodyCanFly
