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 see lower revenues than in the previous year, a trend that usually concerns investors. Declining revenues often harm a company's profitability, leading investors to exercise caution as they weigh the potential risks of continued financial downturns.
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 high debt-to-equity ratio reveals that the company is heavily reliant on debt for financing. This high level of leverage increases the risk of financial strain if profits decline or interest rates rise.
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:
The price of CHEMPLASTS has consistently been close to the lower limit of expectations. This trend may point to challenges in the company's performance, leading to concerns about its future growth potential.
Recommendation changes over time:
Analysts have shown a buy bias for CHEMPLASTS, signaling it as a strong investment choice. This positive outlook could motivate investors to allocate funds to CHEMPLASTS, seeing it as a reliable and potentially profitable option, especially in an environment where the stock market is highly scrutinized.
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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