#RossariBiotech is coming with #IPO on July 13-15th. Here are few interesting facts about this comp
Business fundamental- They are broadly into 3 segments
1⃣ Home, personal care and performance chemicals
2⃣ Textile specialty chemicals
3⃣ Animal health and nutrition products (1/n)
Business fundamental- They are broadly into 3 segments
1⃣ Home, personal care and performance chemicals
2⃣ Textile specialty chemicals
3⃣ Animal health and nutrition products (1/n)
About Products - The products are used in the manufacture of soaps and detergents, paints, inks, tiles, papers, natural and man-made textiles. They have 2,030 different products sold across above categories. (so proxy to consumer products) (2/n)
➡️Clients - HUL, IFB Industries & Arvind Ltd are some of its key customers.
➡️Competitors - Aarti Industries, Vinati Organics, Atul, Galaxy Surfactants and Fine Organic Industries and MNCs like Merck, BASF and Wacher AG
➡️Operations in 17 countries (3/n)
➡️Competitors - Aarti Industries, Vinati Organics, Atul, Galaxy Surfactants and Fine Organic Industries and MNCs like Merck, BASF and Wacher AG
➡️Operations in 17 countries (3/n)
Strong financials (FY18-20) in CAGR
➡️Revenue 41.65%
➡️EBITDA 56.58%
➡️PAT 60.27%
Segment revenue share
➡️ Home, personal care & performance chemical 46.81%
➡️Textile specialty chemical 43.71%
➡️Animal health and nutrition product (~9%)
IPO fund will be used to pay debts (4/4)
➡️Revenue 41.65%
➡️EBITDA 56.58%
➡️PAT 60.27%
Segment revenue share
➡️ Home, personal care & performance chemical 46.81%
➡️Textile specialty chemical 43.71%
➡️Animal health and nutrition product (~9%)
IPO fund will be used to pay debts (4/4)
