Founded in 1975, Chembond Chemicals Limited has headquarters in Mumbai and focuses on the speciality chemicals segment. The company is listed on the Mumbai Stock Exchange (BSE: CHEMBOND) and has an established presence across India.
It operates four divisions
construction
chemicals, coatings, trading
and biotechnology; and two joint venturesHenkel Chembond
Surface Technologies Ltd. and Chembond Ashland Water Technologies Ltd. Chembond has been growing consistently over the years on
the strength of its technology and service capabilities and counts over
700 employees
Construction
Chemicals Division:
The Construction
Chemicals Division of Chembond offers a wide range of products for applications
in concrete modification, waterproofing and repair and rehabilitation of
structures. It also offers a host of other product solutions like
Sealants, Concrete Admixtures, Tile fixing adhesives, Tile Joint fillers and
Engineering Grouts aimed at the construction and civil engineering
industries. The KFix brand of construction chemicals cater
to the distribution channel and applicator segment with small pack sizes,
while the infrastructure projects are catered to in bulk
pack size
Chembond Coatings, a division of
Chembond has been in the business of high performance anti-corrosive industrial
coatings and industrial floorings since 1994. We design systems especially to
suit tropical and high demanding industrial environment such as marine
environments, process industries, steel plants, power plants, pharma,
electronics etc. We offer the best solutions in corrosion protection and
thereby preserve the value of our client’s investment.
Biotech
Technology based on biology and nature
will be one of the most exciting and high growth areas in the coming years.
Enzymes, which are chemicals produced by organisms, or "bugs", have
replaced traditional processes in applications like garment and fabric processing,
alcohol production, paper bleaching and de-inking, effluent treatment, and
leather production thus making these processes "greener". Some
enzymes used in animal feeds improve nutrient absorption and reduce pollution.
Chembond supplies enzymes for all these applications and plans to break ground
in newer ones in the years ahead.
Narration
|
10-Mar
|
11-Mar
|
12-Mar
|
13-Mar
|
14-Mar
|
15-Mar
|
Sales
|
174.77
|
206.63
|
228.41
|
262.32
|
270.38
|
301.61
|
Operating Profit
|
23.73
|
26.29
|
21.74
|
17.93
|
16.74
|
28.26
|
OPM
|
13.58%
|
12.72%
|
9.52%
|
6.84%
|
6.19%
|
9.35
|
Other Income
|
3.27
|
3.7
|
4.35
|
4.95
|
5.29
|
--
|
EBIDT
|
27
|
29.99
|
26.09
|
22.88
|
22.03
|
28.26
|
Interest
|
3.04
|
3.11
|
3.64
|
4.52
|
4.03
|
3.62
|
Depreciation
|
1.65
|
1.84
|
2.1
|
2.59
|
2.81
|
4.33
|
Profit before tax
|
22.32
|
24.9
|
20.35
|
15.77
|
15.19
|
20.31
|
Tax
|
7.81
|
8.31
|
6.75
|
7.88
|
5.98
|
5.67
|
Net profit
|
12.39
|
13.54
|
12.53
|
7.08
|
7.76
|
12.38
|
Adjusted EPS in
|
19.36
|
21.16
|
19.58
|
10.57
|
11.58
|
18.47
|
Dividend Payout
|
9.52%
|
10.12%
|
11.89%
|
26.84%
|
25.77%
|
25.77%
|
latest development :
Considered and approved the draft Share Purchase Agreement in respect of
sale of its entire 49% stake in the joint venture Henkel Chembond
Surface Technologies Limited to Henkel Adhesives Technologies India
Private Limited ("Purchaser”), the Indian associate company of joint
venture partner Henket AG & Co. KGaA, Germany, for a consideration
of Rs. 180 crore, subject to adjustment for cash and debt at closing,
and further subject to compliance of conditions mentioned therein and to
such approvals as may be required. The Company will be continuing the
Toll Manufacturing arrangement with Henkel Chembond Surface Technologies
Limted for another period of 3 years as per the Toll Manufacturing
Agreement.
COMPANY'S DEBIT AT 30CR TOTAL MARKET CAP IS 210CR COMPANY SOLD ONE DIVISION FOR 180 CR. COMPANY LOOKS INTERESTING
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