External broker reports(aggregated public sources), Axis Direct

Axis Direct

External broker reports(aggregated public sources)

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Equity Bottom-Up

Archean Chemical Industries / Equity Bottom-Up

<ul><li>Adverse Weather and Macro Headwinds Impacting Recovery: The company continued to face challenges driven by persistent macroeconomic pressures, supply chain disruptions and geopolitical uncertainties.</li><li>While the demand and pricing remained robust for Bromine, technical difficulties led to lower volumes.</li><li>Similarly, industrial salt volumes were impacted by the extended monsoon, which impacted recovery and transportation.</li></ul>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Adverse Weather and Macro Headwinds Impacting Recovery: The company continued to face challenges driven by persistent macroeconomic pressures, supply chain disruptions and geopolitical uncertainties.While the demand and pricing remained robust for Bromine, technical difficulties led to lower volumes.Similarly, industrial salt volumes were impacted by the extended monsoon, which impacted recovery and transportation.Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Rchean Chemical Industries Ltd -Adverse Weather Delays Recovery; Maintain HOLD

<ul><li>Strong Growth in Industrial Salt, Bromine Volumes Disappoint: During the quarter, the company reported a robust 40% YoY volume growth in Industrial Salt, while bromine volumes continued to decline sequentially.</li><li>Industrial Salt capacity has been ramped up to over 5 Mn tons on an annual basis, and management expects quarterly volumes to exceed 1 Mn tons going forward (with an annual target of 4.5+ Mn tons).</li><li>In Bromine, the volumes were impacted by lower recovery due to the extended winter in the first two months, but have shown signs of improvement post that. </li></ul>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Strong Growth in Industrial Salt, Bromine Volumes Disappoint: During the quarter, the company reported a robust 40% YoY volume growth in Industrial Salt, while bromine volumes continued to decline sequentially.Industrial Salt capacity has been ramped up to over 5 Mn tons on an annual basis, and management expects quarterly volumes to exceed 1 Mn tons going forward (with an annual target of 4.5+ Mn tons).In Bromine, the volumes were impacted by lower recovery due to the extended winter in the first two months, but have shown signs of improvement post that. Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Archean Chemical Industries Ltd - Revenue Growth Resumes; Margin Expansion Awaited

<ul><li>Subdued Volumes for Bromine &amp; Industrial Salt: During the quarter, the company witnessed a sequential degrowth in bromine and salt volumes.</li><li>However, there was a slight improvement in price realisation for both products.</li><li>The management expects a quarterly run rate of approximately 10 Lc for salt volumes, supported by healthy inquiries across its product lines. </li></ul>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Subdued Volumes for Bromine &amp; Industrial Salt: During the quarter, the company witnessed a sequential degrowth in bromine and salt volumes.However, there was a slight improvement in price realisation for both products.The management expects a quarterly run rate of approximately 10 Lc for salt volumes, supported by healthy inquiries across its product lines. Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Archean Chemical Industries Ltd - Worst Factored In; Upgrade to BUY

<ul><li>Logistical adversaries and Heavy Monsoon Impacted the bottom line: The company reported revenue of Rs 240 Cr in Q2FY25, marking a 17% YoY decline.</li><li>This significant drop was primarily due to logistical challenges at the ports, which affected overall dispatches, shipments, and business momentum.</li><li>Industrial salt volumes were also impacted by adverse weather conditions, including the Asna cyclone, resulting in a loss of approximately Rs 40 Cr in industrial salt. </li></ul>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Logistical adversaries and Heavy Monsoon Impacted the bottom line: The company reported revenue of Rs 240 Cr in Q2FY25, marking a 17% YoY decline.This significant drop was primarily due to logistical challenges at the ports, which affected overall dispatches, shipments, and business momentum.Industrial salt volumes were also impacted by adverse weather conditions, including the Asna cyclone, resulting in a loss of approximately Rs 40 Cr in industrial salt. Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Archean Chemical Industri - Sharp Decline in Profitability

Thematic (Sector/Industry)

<ul><li>Chemicals &amp; Agrochemicals: In Q2FY25, most specialty chemical companies under coverage are expected to show marginally improved performance, although demand recovery remains subdued and weak pricing persists.</li><li>Volume growth is anticipated compared to the previous quarter, which was affected by several headwinds, including weak demand (with exceptions in a few segments), logistical challenges at ports, and adverse weather conditions.</li><li>Growth prospects remain uncertain as a clear upward trend has yet to emerge.</li></ul>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Chemicals &amp; Agrochemicals: In Q2FY25, most specialty chemical companies under coverage are expected to show marginally improved performance, although demand recovery remains subdued and weak pricing persists.Volume growth is anticipated compared to the previous quarter, which was affected by several headwinds, including weak demand (with exceptions in a few segments), logistical challenges at ports, and adverse weather conditions.Growth prospects remain uncertain as a clear upward trend has yet to emerge.Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Q2FY25 Earnings Preview - Chemicals, Capital Goods and Midcaps

India

Archean Chemical Industries Private Limited operates as a mining company. The Company produces industrial salt, liquid bromine, coal, pavers, and cobbles. Archean Chemical Industries serves customers in India.

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Archean Chemical Industries (ACI IN)

Rchean Chemical Industries Ltd -Adverse Weather Delays Recovery; Maintain HOLD

The company continued to face challenges driven by persistent macroeconomic pressures, supply chain disruptions and geopolitical uncertainties.

Axis Direct

Archean Chemical Industries Ltd - Revenue Growth Resumes; Margin Expansion Awaited

During the quarter, the company reported a robust 40% YoY volume growth in Industrial Salt, while bromine volumes continued to decline sequentially.

Axis Direct

Archean Chemical Industries Ltd - Worst Factored In; Upgrade to BUY

Subdued Volumes for Bromine & Industrial Salt: During the quarter, the company witnessed a sequential degrowth in bromine and salt volumes.

Axis Direct

Archean Chemical Industri - Sharp Decline in Profitability

Logistical adversaries and Heavy Monsoon Impacted the bottom line: The company reported revenue of Rs 240 Cr in Q2FY25, marking a 17% YoY decline

Axis Direct

Q2FY25 Earnings Preview - Chemicals, Capital Goods and Midcaps

In Q2FY25, most specialty chemical companies under coverage are expected to show marginally improved performance, although demand recovery remains...

Axis Direct

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