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[Stock notes] – Epigral Ltd…4th largest manufacturer of Chlor-Alkali and its Derivatives in India

Hello Sir, Hope you are doing well. Recently, I was scanning through some stocks and came across Epigral Ltd which is one of the largest Chlor-Alkali and its derivatives manufacturer in India. In case you have never heard of Epigral before, that’s because, earlier its name was Meghmani Finechem. Source: Q4 FY 23 presentation   The company is transitioning from Chlor Alkali to its derivatives and specialty chemicals segment. What’s interesting is that the company’s operating margins are very high at around 30%…

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[Stock idea] – Meghmani Finechem…4th largest manufacturer of Chlor-Alkali and its Derivatives in India

Hello Sir, Hope you are doing well. Recently, I was scanning through some stocks and came across Meghmani Finechem which is one of the largest Chlor-Alkali and its derivatives manufacturer in India. Source: Q4 FY 23 Meghmani Finechem presentation On reading further, found out that the company is transitioning from Chlor Alkali to its derivatives and specialty chemicals segment. What’s interesting is that the company’s operating margins are very high at around 30% and the management targets 25% ROCE when setting up any…

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