AksharChem India Limited
Quick Take
- • Trading at 22.4× trailing earnings
- • Moderate ROE at 5.4%
- • Low leverage (D/E 0.41)
- • Modest dividend yield of 0.13%
- • Operating margin 13.0% · Net margin 3.4%
- • Profit growth +2028.10% YoY · Beta 0.69
About the company
From latest AR & concallAksharChem (India) Limited manufactures and sells dyes intermediates, pigments, and inorganic chemicals in India. The company provides H-acid, vinyl sulphone, and ortho anicidine and sulpho para vinyl sulphone; reactive blue 21 and black 5 dyes; green 7 pigments; and precipitated silica. It serves textile, ink, paint, and plastic industries. The company also exports its products to Europe, the Far East, Southeast Asia, China, the United States, and internationally. The company was formerly known as Audichem (India) Limited and changed its name to AksharChem (India) Limited in March 2003. AksharChem (India) Limited was incorporated in 1989 and is headquartered in Ahmedabad, India.
