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Chemcon Speciality Chemicals Ltd Fundamentals

Market Cap
₹ 950.93 Cr
P/E Ratio (TTM)
35.51
P/B Ratio
2.03
Debt to Equity
0.11
ROE
12.60
EPS (TTM)
7.31
Dividend Yield
1.54 %
Book Value
128.06

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Chemcon Speciality Chemicals Ltd Financials

Chemcon Speciality Chemicals Ltd Financials

Chemcon Speciality Chemicals Ltd Shareholding Pattern

Held By Mar 2024 Dec 2023 Sep 2023 Jun 2023
Promoters 74.47 % 74.47 % 74.47 % 74.47 %
Retail 22.88 % 22.82 % 22.89 % 22.82 %
Others 2.13 % 2.39 % 2.36 % 2.43 %
Mutual Funds 0.27 % 0.27 % 0.27 % 0.27 %
FII 0.25 % 0.05 % 0.01 % 0.01 %

Promoters

74.47%

Retail

22.88%

Others

2.13%

Mutual Funds

0.27%

FII

0.25%

Promoters

74.47%

Retail

22.82%

Others

2.39%

Mutual Funds

0.27%

FII

0.05%

Promoters

74.47%

Retail

22.89%

Others

2.36%

Mutual Funds

0.27%

FII

0.01%

Promoters

74.47%

Retail

22.82%

Others

2.43%

Mutual Funds

0.27%

FII

0.01%

Resistance and Support

₹259.08

PIVOT

resistance-arrow
Resistance
First Resistance₹261.867
Second Resistance₹263.783
Third Resistance₹266.567
support-arrow
Support
First Support₹257.167
Second Support₹254.383
Third Support₹252.467

Delivery and Volume

PeriodDelivery Volume Traded Volume Delivery Volume %
Day25,56412,99475.23
Week17,27315,4747.91
1 Month17,27321,1117.91
6 Months10,767,9004,962,36452.02

About Chemcon Speciality Chemicals Ltd

Chemcon Speciality Chemicals Limited was formerly incorporated as a Private Limited Company with the name 'Chemcon Speciality Chemicals Private Limited' in December 15, 1988 and later on, converted to a Public Limited Company effective from 10th April 2019 in Ahemdabad, Gujarat. The Company is into production of pharmaceutical intermediates, Silanes and Oilfield Chemicals (Completion Fluids) industry. The Company is a leading manufacturer of specialized chemicals, such as Hexamethyldisilazane (HMDS) and Chloromethyl Isopropyl Carbonate (CMIC) which are predominantly used in the pharmaceuticals industry and inorganic bromides, predominantly used as completion fluids in the oilfield industry. The Company is one of the reliable partners for completion brines and the largest manufacturer of calcium bromide in India. Its manufacturing plant are located at Manjusar, Vadodara in Gujarat. Within manufacturing facilities, the Company currently has 8 individual operational plants, along with 6 warehouses for storage of products and raw materials. The Company also has an in-house laboratory to test raw materials procured and the products at various stages of the manufacturing process. Information technology provides continuous support to business operations by offering competitive advantages to the Company. A comprehensive ERP system has been implemented, which helps Chemcon increase its supply chain and provides accurate forecasts for sourcing and supply. The IT system and infrastructure are continuously examined and improved with appropriate and timely upgradation. In 1995-1998, the Company made first sale of a few chemical products like Pyridine Hydrobromide, Para Nitro Benzyl Bromide, Methyl Iodide and GA-1. The Company commenced HMDS business in 2001 and discontinued a few products due to lower demand in 2003. In 2005, the Company commenced first export shipment of HMDS Amalgamation of Chemcon Engineers Private Limited with Gujarat Quinone Private Limited and changed the name to Chemcon Speciality Chemicals Private Limited'. In 2022, the Company has initiated production of CMIC and TMCS at P8 facility at Manjusar. As a result, it has added the production capacity of 2,400 MTPA of TMCS and 1,200 MTPA of CMIC. It is now the largest manufacturer of CMIC in the world with a total capacity of 3,000 MTPA. The Company has started mechanical construction of two more plants at the same location for other pharmaceutical intermediate products.

Managing Director

1988

Founded

Kamal R Aggarwal

NSE Symbol

CHEMCON

Chemcon Speciality Chemicals Ltd Management

NameDesignation
Kamal R AggarwalChairman & Managing Director
Navdeep Naresh GoyalDeputy Managing Director
Rajesh Chimanlal GandhiWhole Time Director & CFO
Rajveer Kamal AggarwalWhole-time Director
Himanshu Prafulchandra PurohitWhole-time Director
Lalit Devidutt ChaudharyIndependent Director
Bharat Chunilal ShahIndependent Director
Neelu Atulkumar ShahIndependent Director
Shahilkumar KapatelCompany Sec. & Compli. Officer
Lalit Ramniklal MehtaAdditional Director
Pankaj Amritlal ShahAdditional Director

Chemcon Speciality Chemicals Ltd News

Chemcon Speciality Chemicals standalone net profit declines 72.30% in the March 2024 quarter
Sales decline 24.65% to Rs 59.59 crore
Chemcon Speciality Chemicals announces board meeting date
On 18 May 2024
Chemcon Speciality Chemicals standalone net profit declines 60.92% in the December 2023 quarter
Sales decline 30.72% to Rs 52.98 crore
Chemcon Speciality Chemicals to announce Quarterly Result
On 10 February 2024
Chemcon Speciality Chemicals to hold board meeting
On 16 December 2023
Chemcon Speciality Chemicals standalone net profit declines 24.04% in the September 2023 quarter
Sales rise 29.82% to Rs 75.19 crore
Chemcon Speciality Chemicals to convene board meeting
On 8 November 2023
CRISIL revises outllook on Chemcon Speciality's rating to 'negative'; reaffirms rating at 'BBB+'
Chemcon Speciality Chemicals said that CRISIL Ratings has revised its outlook on the long term bank facilities of the company to 'negative' from 'stable' while reaffirmed the rating at 'CRISIL BBB+'.
Chemcon Speciality Chemicals to hold AGM
On 28 September 2023
Chemcon Speciality Chemicals fixes board meeting date
On 31 August 2023

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Chemcon Speciality Chemicals Ltd FAQ

By opening a demat account and having your KYC papers confirmed online, you may simply purchase Chemcon Speciality Chemicals Ltd shares in BlinkX

Chemcon Speciality Chemicals Ltd's P/E ratio is 35.51 times as of May 18, 2024 at 01:44 PM.

Chemcon Speciality Chemicals Ltd's most recent financial reports indicate a price-to-book ratio of 2.03, showing the company's stock market valuation in relation to the value of its real assets.

Market capitalisation, often known as market cap, is the market value of all outstanding shares of a publicly listed corporation. Chemcon Speciality Chemicals Ltd's market is 951 Cr as on May 18, 2024 at 01:44 PM.

The current financial records of Chemcon Speciality Chemicals Ltd show a 12.60% ROE, showing great financial performance and effective capital utilisation, making it a significant statistic for investors.

According to Chemcon Speciality Chemicals Ltd's most recent financial filings, the company has a total asset value of Crores, which includes current and non-current assets such as inventory, cash, properties, and equipment.

As of the Mar 2024 quarter, the promoter shareholding in Chemcon Speciality Chemicals Ltd stands at 74.47%. During the same period, Institutional Investors have shown a slight increase in their holdings, rising from 0.05% to 0.25%.