Detail analysis on 'mere' 635 Crore market cap stock 👉
"Black Rose Industries Ltd"
CMP: Rs 125

(definitely not a recommendation to buy)

Thread 👇
2. Asia Fab Limited now known as Black Rose Industries was incorporated in 1990 with the following businesses:
A. Chemicals
~ Chemical Distribution - Speciality Chemical & Performance Chemical
~ Chemical Manufacturing
B. Textile &
C. Renewable Energy
3. Management
Exe Director: Anup Jatia (Chemical Engg. & Economics)

Responsible for overall ops, manages relationships with principals and clients. Brought up in Japan & is fluent in the language...
Japan connection we will discuss in detail later.
blackrosechemicals.com/team
4. Thread Focus on Chemical Business
The company produce & supply acrylamide solution under the brand name BRILMIDE ®

Recently they have entered in the niche space of manufacturing of Polyacrylamide (commercialized in Jan 2020) & expanded its manufacturing in Acrylamide Soln
5. Their business progression was:
Chemical Distribution
🔽
Acrylamide Soln Manufacturing
🔽
Polyacrylamide Soln Manufacturing

They have Foreign Technology License Agreement with Mitsui Chemicals of Japan for manufacture of acrylamide monomer in India.
6. Acrylamide division operates India’s first & only acrylamide manufacturing plant.

y Acrylamide?
Domestic Demand:
7K MT (100% Solid Basis)
14K MT (50% Soln)
Mitsui Tech is highly efficient & provides high purity acrylamide, an environmentally friendly zero discharge process.
7. Global Consumption of Acrylamide:
Source: chemarc.com

Recent expansion of capacity from 10,000MT to 14,000MT in order to meet both domestic and export market demand.

From below distribution chart we get to know China, US & Western Europe r major consumers.
8. Forgot to mention what are the application of "Acrylamide"

Acrylamide is used in:
1. Waste Water Treatment
2. Shale gas extraction
3. Shale Strengthening
4. Waterproofing Chemicals
5. Coating & Paint Emulsions
6. Sugar Manufacturing
7. Cosmetics &
8. EOR
9. PolyAcrylamide is used in:
1. EOR - Enhanced Oil Recovery
2. Textiles
3. Paper
4. Textiles
5. Ceramic Tiles
6. Base Metal Linings

Market Size (Global): $4.5 B @ 6% growth rate.

Didi not find market size for Acrylamide.. ..
10. Distribution Business:
Black Rose distributes more than 40 specialty chemicals of which Resorcinol (consume Tyre Industry) is the major contributor.
11. Potential, Competition & Risk:
Potential: The demand in India is expected to grow at 20%.

At this rate the demand can be expected at around 42,000-tons on 50% basis and 21,000-tons on 100% basis.

Current CAPEX should yield in 2021..
12. Competition & Risk: SNF Flopam entry in India or Domestic players entry in future may affect margins..

snf-india.com in India has bought up with the expansion plans of more than 5X of BRIL 😢
13. Financials:
Source: screener.in
Positives: Good ROCE, ROE, Zero Pledge & Promoter Holdings
14. Products:
1. Speciality Chemicals
2. Performance Chemicals
3. Water & Wastewater Treatment
4. Exports
5. Dental
6. Acrylamide
7. Ceramic Binder
15. Sharing few pictures of Dental product: brildent.in
16. a stock with v low Market Cap does attract 'Retailers'. I see hardly any holdings by FIIs & DIIs, others holding is 19.6% not sure if they are retail investors 🙂.

Latest Capex should enhance revenue from 2021 & stock should climb-up.

Do your *through* research before u buy

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More from @Kiran24Rajput

19 Oct
Who are "Work From Home (WFH)" Technology Solution Providers, Opportunities & Potential..

Thread 👇
1. Work From home ~ Solution(BCP) comprises of the following:

1. Hardware – PC, Headphones, Power Backup & Other Accessories
2. Internet – Data
3. Video-telephony App &
4. Secured Environment to Work

& of-course things like physical space, noise proof room, table & chair
2. *Hardware*
The business sales does have positive impact & its momentary only. Desktop users purchase Laptops, head-phones, UPS etc

Few names: Dell, HP, Lenovo, Logitech, Lumax etc
Read 14 tweets
11 Oct
Finished watching 'Bad Boy Billionaires', if Saharasri Subrata Roy gets 6 Cr individual investors to invest in his 'Chit Fund'..

.. what stops @MFSahiHai @NileshShah68 to get these daily wagers & lower middle-class to invest in Legit SIP?

Lets Understand, Thread 👇
2. For any Indian Individual to start an SIP, he or she required the following:
1. Money - min Rs 500/ month
2. Bank Account
3. PAN
4. Internet Skills
5. Bit of knowledge
3. Most of these labours, lower middle-class have:
1. Money - easily afford Rs 100/ week
2. Bank Account - Courtesy Jan Dhan Yojana
3. Aadhaar Card

What they dont have?
1. PAN
2. Internet Skills
3. MF Knowledge
Read 7 tweets
10 Oct
🔥LIC’s Jeevan Labh Plan, Table No. 936🔥

How a middle-class individual benefited, if he separates ‘Protection & Insurance’ from Jeevan Labh Plan, Table No. 936.

Detail Thread 👇👇
Y'day, I received a call from LIC’s well trained ‘Inside Sales Team’. The objective was to sell me a ‘Jeevan Labh Plan’.

Let me share with u plan details, FYI, I have recorded the whole conversation so that, later LIC should not sue me for wrong data presentation if any..
LIC Execute & his Senior Colleague Proposed 1 Lac pa premium with the following benefits:

** Pay 1 lac annually for 16 years
** The policy takes another 10 yrs to mature
** On 26th yr you get guaranteed money of 54 Lacs
....
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18 Sep
📲India's Super-App: Jio?
Still many of us are guessing Jio is just an another mobile & e-commerce service provider..

If that's the case why so many well known brands - FB, Google, Qualcomm, Silver Lake, Vista, KKR & many other invested in Jio?

Thread 👇 1/17... Image
2/ What I observed is the categories of people - grapes are sour intellects & limited insight analysts keep ranting that Jio is one more Airtel or BigBasket with poor services, whats so great about it.

Not many of us are aware, why these investments in Jio 👇 Image
3/ What could be the reason behind Jio's strategic stake sale, lets understand the concept of "Super-App"

What is "Super-App or Mini-Programs"
Read 22 tweets
12 Sep
1/ *CAMS IPO*
Not a recommendation to invest.
Information Source: Internet & CAMS Website

CAMS is a Registrar and Transfer Agency to the Asset Management Industry of India &
&
Technology enabled service solutions partner to
Pvt Life Insurance
Pvt Equity Funds
Banks
NBFC..
2/ CAMS - (Computer Age Management Services) IPO Details:
IPO Price: Rs 1,100-1,200 per share
Raise capital between Rs 1500-Rs 1600 crores

CAMS Valuation: 6,000 Cr (a small cap 😉)
3/ CAMS - Highlights
1. Market Share: 69.4%
2. Clients: Top 4/5 AUMs - HDFC, ICICI, SBI & Birla
3. Competition: Karvy, Sundaram & Franklin
4. Services: Transaction Agency, Customer Care, e-Payments & Collection Service
5. 80% of their rev flow from Transaction Agency Services
Read 18 tweets
11 Sep
1/17 Footwear Industry & Bata India
The global footwear market size is valued at $365.5 billion in 2020 & estimated to reach 530 billion in next 6-7 years. CAGR of approx 6%

The global footwear market is segmented into type, material, end users, distribution channel, and region
2/ Footwear
~market categorized into athletic & non athletic
~material bifurcated into leather & non.
~distribution classified hypermarket, supermarket, speciality stores, brand outlets, online & others
Large Players: Nike, Adidas, Puma, Under Armour, Skechers, Crocs & WWW
3/ Business Opportunity Region, yes its APAC extend more opportunities for footwear market in coming years.

China & India are emerging markets expected to grow with a CAGR of 8% & 7.5%
Read 20 tweets

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