Harsh Gandhi, CPA Profile picture
Senior Auditor, A Certified Public Accountant (USA) by profession and equity research analyst by passion.
Jul 31, 2021 15 tweets 3 min read
A thread on Fairchem Organics

1.The Company is in the business of oleochemicals and nutraceuticals. 97% of the total revenue comes from oleochemicals. Hence, in this analysis, I have ignored Nutraceuticals.

Now what are the oleochemicals and where are they used? (1/n) Olechemicals are basically derived from plants, processed through and end products are different fatty acids which are used mainly in Paints, Ink, Amines, Soaps detergents, personal care and pharmaceutical industries.