Thread by @Arthavruksha12

Here are my notes ✍️of Q3 FY22 Concall of #BlackRoseIndustries

A Thread 🧵

- Out of their 32,000 MTPA Capex for Acrylamide Liquid 20,000 MTPA is for Merchant Sales

And other 12,000 MTPA is for Captive Requirement

- Awaiting Clearance for their 3,600 MTPA Capex for Acrylamide Solid

- Subdued and Low Growth in this Quarter is due to the Covid 3rd Wave

- Revenue degrowth by 9% although EBITDA and PAT Margins Improved

- Company is almost a Debt Free Company Now

- Revenue Break Up -

34% - Chemical Manufacturing
65% - Chemical Distribution
1% - Others

In this Quarter Revenue from Chemical Manufacturing has drastically increased which was 23-25% last Quarter

- Hexamine is one of the new product added in their Chemical Distribution Business

- Chemical Manufacturing Business saw a very good growth in revenue from 25 Cr in the previous Quarter to 31 Cr in this Quarter

- Capacity Utilization Level is around 60% in Acrylamide Liquid & Polyacrylamide Liquid

- Acrylamide Solid & NMA to add in their revenue from Q4

- Acrylonitrile key raw material for acrylamide prices have touched low and company expects good realisation

- Demand for Acrylamide Liquid has remained Stable and company has gained market share in in Acrylamide Liquid

Thats all from my side Guys

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