Risk factor
Meaningful price volatility
Profitability factor
Very low or no dividends
About
Thirumalai Chemicals Limited, founded in 1972 and based in Mumbai, India, specializes in the manufacturing and sale of organic chemicals domestically. The company's product offerings include key compounds such as phthalic anhydride, maleic anhydride, malic acid, fumaric acid, and diethyl phthalate. Beyond chemical production, Thirumalai Chemicals also operates wind-powered generators for electricity generation and provides expert engineering and technical services. Its chemical products are crucial to a wide array of industries, including plastics, paints, food, cosmetics, and pharmaceuticals. Furthermore, the company has a global footprint, exporting its chemical portfolio to approximately 34 countries.
Company Valuation
Based on key historical and expected multiples, the stock is slightly overvalued relative to its peers. Specifically, the stock is overvalued on EV/EBITDA.