agrochemical – Katalyst Wealth

[Industry Notes] – Is it a good time to look at Agrochemical stocks for Investment

June 16, 2024

Hello Sir, Recently, I was looking at few companies like Insecticides India, Sharda Cropchem, etc. which deal in Agrochemicals. The last 2 years were really bad for the industry with pricing challenges and excess supply from China. Prices of many agrochemicals corrected by 40-50% and even more and similarly stock prices are also down around 50% and more. However, based on the management commentary, it seems that prices have stabilized now and are gradually moving upwards. It’s always interesting to look at good…

[Stock notes] – Dhanuka Agritech…One of the best performing Agro-chemical stocks

November 17, 2023

Hello Sir, Hope you are doing well. Mar’23 and Jun’23 quarters were extremely bad for almost all the agrochemical companies. First there was excess inventory in the channel and therefore the demand plummeted. Second, the prices have come down sharply resulting in sales returns and inventory losses. Source: Dhanuka Agritech website However, Dhanuka Agritech has performed much better and has come out rather unscathed with decent performance in Sep’23 quarter. We believe, as a contrarian investor with 3-4 years investment horizon, it’s…

[Stock notes] – Dhanuka Agritech…1 of the best performing Agro-chemical stock

August 12, 2023

Hello Sir, Hope you are doing well. Last 2-3 quarters have been extremely bad for almost all the agrochemical companies. First there was excess inventory in the channel and therefore the demand plummeted. Second, the prices have come down sharply resulting in sales returns and inventory losses. Source: Dhanuka Agritech website However, Dhanuka Agritech has performed much better and has come out rather unscathed. We believe, as a contrarian investor with 3-4 years investment horizon, it’s always good to look at spaces which…

[Stock idea] – Punjab Chemicals & Crop protection…Leading agrochemical player

June 23, 2023

Hello Sir, Hope you are doing well. Agrochemical is an important industry for India, considering we have the largest population to feed to. 2022-23 was bad for the industry with pricing challenges and excess supply from China. A lot of stocks are down 50% from highs. We therefore decided to look at some leading players to identify potential investment opportunities. Below, we have shared notes from the Aug’22 credit rating report of Punjab Chemicals & Crop Protection. Hope you find the…