Showing posts from March 17, 2016

Vinati Organics Ltd.


Business-wise, it is a very strong company 10 Yrs ROE 30+% and now trading at 16 PE. 
Established in 1989, Vinati Organics Ltd. is a specialty chemical company producing aromatics, monomers, polymers and other specialty products. Today, the company is a leader in its field and has a sturdy market presence in over 22 countries.  The company started operations in its first plant in Mahad in 1992, with its focus on Isobutyl Benzene (IBB). A decade later, in 2002, it started commercial production in its second plant in Lote Parshuram, producing 2-acrylamido-2-methylpropane Sulphonic acid. VOL has remarkably enhanced the scope of its facilities and now also produces organic intermediates and aromatics. IBB, a specialty organic intermediary, is used as a raw material for the manufacture of Ibuprofen, an anti-inflammatory analgesic bulk drug. VOL has achieved a record purity level of 99.8% for IBB as against the prevailing international standards of 99.5%. Thus, it…