Kanoria Chemicals & Industries Limited
Quick Take
- • Trading at 13.6× trailing earnings
- • Moderate ROE at 10.6%
- • Leveraged balance sheet (D/E 0.51)
- • No dividend data
- • Operating margin 7.8% · Net margin 12.5%
- • Profit growth — YoY · Beta 0.55
About the company
From latest AR & concallKanoria Chemicals & Industries Limited manufactures and sells Industrial Chemicals in India. The company operates through Chemicals and Textile segments. It provides chemicals, such as acetaldehyde, di-pentaerythritol, formaldehyde, hexamine, pentaerythritol, phenolic resins, and sodium formate; and performance chemicals, including phenolic resins. The company also offers Textile business includes yarn and denim manufacturing. The company also develops and sells electronic and mechatronic modules, and control devices for the automotive, consumer goods, power tool electronics, and building automation industries. In addition, it operates a solar power plant with a generation capacity of 5 MW in Jodhpur district, Rajasthan. The company also exports its products. The company was incorporated in 1960 and is based in New Delhi, India. Kanoria Chemicals & Industries Limited is a subsidiary of Vardhan Limited.
