Yasho Industries - Pakhajan Project To Drive The Next Leg Of Growth: Prabhudas Lilladher

Prabhudas Lilladher Report

We recently visited the new greenfield plant of Yasho Industries Ltd. at Pakhajan and had an opportunity to interact with management to better understand the products, business operations and capex. The plant commenced commercial operations on April 9, 2024.

The company manufactures specialty and fine chemicals across two business verticals: industrial and consumer chemicals. Industrial chemicals, accounting for 84% of revenue, caters to tires, automobile components, conveyor belts, latex gloves, industrial lubricants and greases, stabilisers and intermediates for API and bulk drugs, and agrochemicals.

Consumer segment, accounting for 16% of revenue caters to flavors and fragrances, dentifrices and oral care preparations, edible oils and nutraceuticals.

The new plant is expected to fuel the next leg of growth for the company. In FY24, EPS stood at Rs 50.3. The stock trades at 38 times FY24 earnings per share.

Click on the attachment to read the full report:

DISCLAIMER

This report is authored by an external party. NDTV Profit does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of NDTV Profit.

Users have no license to copy, modify, or distribute the content without permission of the Original Owner.