Favorable policy measures, such as the imposition of anti-dumping duties on select imports and a plan for production-linked incentives, are assisting India's growth as a specialized chemicals hub. Producers have also profited from a so-called "China plus one" strategy, which has forced corporations all over the world to diversify their supply chains away from the Asian giant amid geopolitical concerns.
In 2021, the chemical sector is expected to outperform the markets by a significant margin. Even while margins for specialized chemicals companies are under pressure in the short term, few have recently outperformed the market.
Asian Petroproducts & Exports
Asian Petroproducts & Exports is a firm that manufactures chemicals based on ethylene oxide. It was founded in 1991. The PE ratio of Asian Petroproducts is 79.11, which is excessive and overvalued in comparison. Asian Petroproducts reported a revenue increase of 1,189.31%, which is reasonable given the company's development and performance.
The stock returned 1,189.31%, in the year so far.
Sreechem Resins, founded in 1988, is a Small Cap business in the Chemicals industry with a market capitalization of Rs 15.56 crore. Sreechem Resins has a PE ratio of 6.26, which is low and cheap compared to its peers.
Sreechem Resins has an Inventory Turnover Ratio of 6.74, indicating that the company's inventory and working capital management are inefficient. The return on equity ratio indicates how much profit is generated for every rupee of common stockholders' equity. Sreechem Resins has a return on investment (ROI) of 4.62 percent, which is above average.
The stock returned a fantastic return of 735.77% so far this year.
Balaji Amines, founded in 1988, is a Small Cap business in the Chemicals sector with a market capitalization of Rs 15,935.78 crore. Only 7.16 percent of trading sessions in the last 14 years had intraday drops of more than 5%.
In the fiscal year ended March 31, 2021, the company generated a return on equity of 26.63 percent, surpassing its five-year average of 22.18 percent. Annual sales growth of 40.05 percent surpassed the company's three-year CAGR of 14.78 percent. The stock returned 815.92 percent over three years, compared to 54.06 percent for the Nifty Midcap 100.
Yasho Industries, founded in 1985, is a Small Cap business in the Chemicals sector with a market capitalization of Rs 834.93 crore. Yasho Industries is a part of the Screener for Growth at Reasonable Prices.
Annual sales growth of 23.06 percent surpassed the company's three-year CAGR of 13.09 percent. Over the last three years, the company has maintained a respectable ROE of 28.22%. The company manages its cash flow well, with a CFO/PAT ratio of 2.36. With a promoter holding of 74.09 percent, the corporation has a large promoter base.
Dhunseri Ventures, founded in 1916, is a Small Cap business in the Plastics industry with a market capitalization of Rs 1,021.15 crore. The stock returned 181.35 percent over three years, compared to 45.85 percent for the Nifty Smallcap 100. For the past three years, the company has shown a good profit growth of 49.84 percent.
The company is almost debt-free. With a respectable interest coverage ratio of 37.90, the company is in good shape. Dhunseri Ventures has a PE ratio of 3.12, which is low and inexpensive compared to its peers.
Top 5 Best Performing Chemical Stocks With Gains UP To 1000%
|Asian Petroproducts & Exports||Rs 41||1,189.31%|
|Sreechem Resins||Rs 39.95||735.77%|
|Balaji Amines||Rs 4,754||406.21%|
|Yasho Industries||Rs 786||391.78%|
|Dhunseri Ventures||Rs 285||274.82%|
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