Risk factor
Resilient to price shocks
Profitability factor
Very low or no dividends
About
Chemplast Sanmar Limited is an Indian enterprise primarily involved in the creation and distribution of specialized chemical products. Their extensive range of offerings includes unique paste-grade PVC resins, alongside a variety of custom-made chemicals such as organic compounds and phytochemicals (like colchicine and thiocolchicoside). The company also produces chlorochemicals, which encompass items like caustic soda, various solvents, and refrigerant gases, in addition to industrial salt and hydrogen peroxide. These specialty PVC resins and bespoke chemicals primarily serve the needs of the agrochemical, pharmaceutical, and fine chemical sectors. Founded in 1967, the company is headquartered in Chennai, India. It was initially known as Chemicals and Plastics India Limited before rebranding to Chemplast Sanmar Limited in September 1995. The organization functions as a subsidiary of Sanmar Holdings Limited.
Company Valuation
Considering past and projected metrics, the stock is slightly 'cheaper' than its peers. In particular, the stock is 'expensive' on EV/EBITDA.
Target Price
The average target price of CHEMPLASTS.NS is 263 and suggests 26.9% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation