Anupam Rasayan India Ltd Share Price – NSE /  BSE

Chemicals, Small Cap

The Board of Anupam Rasayan India at its meeting held on 03 December 2024 has approved the appointment of Anand Rajeshwarrao Chatorikar (DIN: 03508333) as an Additional Director designated as an Independent Director of the Company, not liable to retire by rotation, with effect from 03 December 2024.

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Profit before tax (PBT) fell 51.87% YoY to Rs 34.01 crore in Q2 FY25.

EBITDA stood at Rs 82.4 crore, registering the de-growth of 25.7% as compared with Rs 110.9 crore posted in corresponding quarter last year. EBITDA margin remained flat at 28% during the quarter.

Meanwhile, the company’s wholly owned subsidiary named Anupam General Trading FZE has been registered in Jebel Ali Free Zone (JAFZA), Dubai, UAE.

Anupam General Trading FZE is registered with initial capital of AED 20,000. The objective of Anupam General Trading FZE is the trading and storage of chemicals including handling of distribution and sales of chemicals for export markets.

Anand Desai, managing director, Anupam Rasayan, said, “In Q2FY25, we were nearing the end of a demand slump in the Agro segment, and we are now seeing a good recovery. The Pharma and Polymer segments, meanwhile, have been showing robust growth, fuelled by the launch of over 17 new molecules in FY24 and 3 additional molecules in H1FY25. As these products gain traction, we expect their contribution to grow. Additionally, the planned launch of more than 3 new molecules in the coming months should further accelerate growth in these areas.

Our consolidated operating revenue for the quarter was Rs 294 crore, representing a QoQ growth of 14%, with a stable EBITDA margin of 28% in Q2FY25. We anticipate revenue to normalize as volumes increase in the latter half of the year. With the new capacity, scaling of recently launched fluorinated molecules, and signed LOIs and contracts, we are optimistic about strong growth over the medium term.

Anupam Rasayan India is one of the leading companies engaged in the custom synthesis (CSM) and manufacturing of specialty chemicals in India. Its business verticals are life science related specialty chemicals comprising products related to agrochemicals, personal care and pharmaceuticals, and other specialty chemicals, comprising specialty pigment and dyes, and polymer additives.

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Profit before tax (PBT) fell 51.87% YoY to Rs 34.01 crore in Q2 FY25.

EBITDA stood at Rs 82.4 crore, registering the de-growth of 25.7% as compared with Rs 110.9 crore posted in corresponding quarter last year. EBITDA margin remained flat at 28% during the quarter.

Meanwhile, the company’s wholly owned subsidiary named Anupam General Trading FZE has been registered in Jebel Ali Free Zone (JAFZA), Dubai, UAE.

Anupam General Trading FZE is registered with initial capital of AED 20,000. The objective of Anupam General Trading FZE is the trading and storage of chemicals including handling of distribution and sales of chemicals for export markets.

Anand Desai, managing director, Anupam Rasayan, said, “In Q2FY25, we were nearing the end of a demand slump in the Agro segment, and we are now seeing a good recovery. The Pharma and Polymer segments, meanwhile, have been showing robust growth, fuelled by the launch of over 17 new molecules in FY24 and 3 additional molecules in H1FY25. As these products gain traction, we expect their contribution to grow. Additionally, the planned launch of more than 3 new molecules in the coming months should further accelerate growth in these areas.

Our consolidated operating revenue for the quarter was Rs 294 crore, representing a QoQ growth of 14%, with a stable EBITDA margin of 28% in Q2FY25. We anticipate revenue to normalize as volumes increase in the latter half of the year. With the new capacity, scaling of recently launched fluorinated molecules, and signed LOIs and contracts, we are optimistic about strong growth over the medium term.

Anupam Rasayan India is one of the leading companies engaged in the custom synthesis (CSM) and manufacturing of specialty chemicals in India. Its business verticals are life science related specialty chemicals comprising products related to agrochemicals, personal care and pharmaceuticals, and other specialty chemicals, comprising specialty pigment and dyes, and polymer additives.

The scrip advanced 1.69% to settle at Rs 734.55 on Thursday, 14 November 2024.

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Net profit of Anupam Rasayan India declined 59.03% to Rs 16.67 crore in the quarter ended September 2024 as against Rs 40.69 crore during the previous quarter ended September 2023. Sales declined 25.04% to Rs 293.96 crore in the quarter ended September 2024 as against Rs 392.15 crore during the previous quarter ended September 2023.

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