Time to read some annual reports and get confidence in the companies you invest .
Else in the panic we will miss good Biz.
This is the #Revenue split from Tatva , THought the EV theme part has minimal contribution now , growth is expected from that Space ..
Phase Transfer Catalyst and Tatva being among the Leaders in this segment
SDA
Mostly this segment has good opportunity due to Sanitization in Developed Country .
Tatva is the second largest in the manufacture of SDA
This section has the Key to make difference . Accounting to only 1% of Revenue now but with 26% CAGR Growth expected and Tatva being the Largest in India can make the difference !
Intermediates Market
PASC
Tatva with all the said is ready for growth clearly ..
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Why the business deserves such valuations is very clear. There are almost no other business which ever sector having such gross margins . Ignore Chemical sector etc. Any business you take this Margins is exceptional and can do magic
With such increase in the Raw material price they have maintained the margins to a great extend without passing the raw material prices .. Exceptional Work
Strong and Biggest Capex is underway for Clean Science and this will definitely increase the sales and margins will be kept near these 50-60 odd percent which will take the PAT exponentially ( Compounding )
Dominant producer of paste PVC
2nd Largest in PVC Suspension
EPS CAGR = 37%
PE 22.5
When ROCE / ROE is above the PE then it generally means that there is a good chance of Revaluation .. ( Backtesting some value winners )
Acc to Management they will be able to sustain the margins to a good level
Execution from management should be good , but lets see