More about Chemplast Sanmar Limited
Fundamentals for Chemplast Sanmar Limited
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Fundamentals for Chemplast Sanmar Limited
Business Operations:
Sector: Basic MaterialsIndustry: Chemicals
Chemplast Sanmar Limited engages in manufacturing and selling of specialty chemicals in India. The company offers specialty paste PVC resins; custom manufactured chemicals, such as organic chemicals, and phyto chemicals comprising colchicine and thiocolchicoside; hydrogen peroxide; and industrial salt. It also provides chlorochemicals, such as caustic chlor products, including caustic soda lye and flakes, chlorine, hydrochloric acid, and hydrogen; refrigerant gas, that includes hydrochlorofluorocarbons under brand name Mettron; and solvents comprising chloromethanes products, such as methyl chloride, methylene dichloride, chloroform, and carbon tetrachloride. The company offers its products for agrochemical, pharmaceutical, fine chemicals, pulp and paper, textile, water treatment, chemical synthesis, sterilisation, bleaching, and effluent treatment. It also exports its products. The company was formerly known as Chemicals and Plastics India Limited and changed its name to Chemplast Sanmar Limited in September 1995. Chemplast Sanmar Limited was incorporated in 1962 and is based in Chennai, India. Chemplast Sanmar Limited is a subsidiary of Sanmar Holdings Limited.
Revenue projections:
Chemplast Sanmar Limited is projected to experience a revenue decline compared to last year, a development that often leads to investor caution. The drop could negatively impact the company's bottom line, as lower revenues typically signal reduced profitability, prompting more conservative investment strategies.
Financial Ratios:
| currentRatio | 0.00000 |
|---|---|
| forwardPE | 41.79710 |
| debtToEquity | 96.72800 |
| earningsGrowth | 0.00000 |
| revenueGrowth | -0.21000 |
| grossMargins | 0.34206 |
| operatingMargins | -0.13163 |
| trailingEps | -18.05000 |
| forwardEps | 6.90000 |
CHEMPLASTS's elevated debt-to-equity ratio reflects a high level of debt relative to equity, signaling that the company is heavily leveraged. This reliance on debt could increase financial risk in periods of economic uncertainty.
CHEMPLASTS's low earnings and revenue growth suggest that the company may see declining profits. This indicates potential financial challenges ahead, and could lead to a more cautious outlook from investors.
Price projections:
CHEMPLASTS's stock price has consistently been near the lower edge of expected values, indicating potential struggles in meeting growth projections. This trend may reflect a cautious market sentiment toward the company.
Recommendation changes over time:
The recent buy bias from analysts suggests CHEMPLASTS is seen as a strong investment, encouraging more investors to consider it. With this favorable sentiment, CHEMPLASTS appears to be a reliable option for parking money, offering stability and long-term growth potential in the stock market.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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