The Beat Ideas: Vishnu Chemicals- Niche Business with High Growth Levers
​Vishnu Chemicals (VCL IN) aims to overcome raw material price volatility by backward integration and plans to improve EBITDA margins to 20% in the...
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Shiva Pharmachem Pre-IPO - High Borrowings Along with Expansion Plans Leading to Liquidity Concerns
Shiva PharmaChem is looking to raise around US$110m in its India IPO. In this note, we talk about the company’s historical performance.
659 Views
The Beat Ideas- Himadri Speciality Chemical: Vertical Integration into Tyre & Li-Ion Batteries
​Himadri Speciality Chemical diversifies into Li-ion batteries and tires, with Rs. 1,100 crore capex and Birla Tyres acquisition, boosting margins...
588 Views
The Beat Ideas: Aarti Industries Ltd.- Capex, Growth, Value Addition!
The Beat Ideas: Aarti Industries - ​Aarti Industries plans significant capex to boost EBITDA and expand product offerings with high margins.
819 Views
In The Run-Up to Domestic EV Production, Himadri a Key/Sole Player in Lithium-Ion Anode Production
Himadri Chemicals & Inds (HSCH IN) is a speciality carbon chemical manufacturer in India with a product portfolio consisting of coal tar pitch,...
417 Views