Ticker – 506655/ SURDARSCHEM
ISIN – INE659A01023
Industry Overview :
Speciality Chemicals are particular chemical products which provide wide variety of effects on which many other industries and sector depends. – Wikipedia
In simple words, the product of Speciality Chemicals is Raw material for Others. Different from Commodities, the composition of specialty Chemicals makes a difference in the performance of the customer product, which uses specialty Chemicals as Raw material.
The specialty chemicals industry is mature; many enterprises have utilized manufacturing and finished goods for decades. Some categories are adhesives, Agrochemicals, cleaning materials, cosmetics, construction chemicals, eatable flavor, food coloring, Fragrance, Industrial gasses, lubricants, polymers, Textile related chemicals.
Growth in demand for Speciality Chemicals depends upon industrial activities. Therefore, the need for specialty Chemicals increases whenever the industrial activities increase. Mainly the driving sectors are Automobile, Textile, Infrastructure, and construction. Although the food industry is not making so much sense as the food industry, the cost of Speciality Chemicals is low.
During the last ten years, specialty Chemicals have seen Lower growth and Low profitability. Consumption also shows up’s and down. But in recent times, trying to improve Margin and going through the transition by increasing Price, especially in adhesive, polymer, paper water treatment, etc. During 2014-19, 4% growth is expected in the value of consumption of specialty Chemicals all over the world.
The market is also concentrated. Top 5 specialty Chemicals like polymer, construction chemicals, industrial cleaner, electronics, and electronic chemical segments account for 37%. The top 10 segments account for 61% of annual sales. Also, as Industrialisation is taking place in Asia and Africa, the sector is developing in Asian economies. Then, dominant players in the Sector were North American and Western European companies. But in recent days, it is changing. As the global chemical industry is shifting towards the Middle East, the Speciality Chemicals industry is also no exception for That.
The emergence of India as a manufacturer and supplier of Speciality Chemicals has had a significant impact on the market. Some Large players are listed and Operating in India directly or indirectly. Some of them are BASF, Clariant Chemical, AkzoNobel, etc. The Market in India is huge for Industry as well as agriculture. As Infrastructure and Textile also exist in India, India may play a key role.
Company Overview :
Sudarshan Chemical Industries company was incorporated on February 19, 1951, at Pune as a private limited company and converted into a public limited company on December 31, 1974.
It is a holding company operating in various segments in the business of Pigments, through which it earns 90% of its revenue. As per the company website, it is serving in 85 countries, including the USA and the Netherlands. The company supplies Pigments to many industries Paints, plastic, and ink. The company makes all its products–house in its production plants in Roha and Mahad, in the Maharastra state of India. Its extensive range of products includes organic and inorganic pigments, mica-based effect pigments, chemical intermediates, and pesticides. The company also has a continuous R&D program, with over 100 technologists working on new and customized solutions.
Products: Colour
- Plastics
- Industrial coatings
- Decorative paints
- Powder castings
- Liquid inks and Offset inks
- Textile
- Cosmetics
Effect Products
- Industrial coatings
- Powder castings
- Offset inks
- Textile
- Cosmetics
- Architectural coatings
- Automotive coatings
- Leather coatings
- Seed coatings
- Bead coatings
SHAREHOLDING :
Financials and Ratios
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Future Prospectus :
The future of the sector is looking good. But the position of the company is also essential. Now doing well and Operating with its total operating efficiency.
When the sector is growing merely 2%, the company is growing fast and showing a Good Profit Margin. Pigment, the Industry in which the company operates, is essential and has access worldwide. Important thing.
Check the valuation before investing.
