Headquartered in Eluru, Andhra Pradesh, Ambica Agarbathies Aroma and Industries Ltd. is basically into manufacturing and marketing several aroma products and incense sticks. It is a small-cap company with a valuation of Rs. 46 crores on the stock exchange. The company was founded in the year 1946. The profit and loss statement for the financial year 2021 reveals that the company made a profit of 2.73 crores. The shares of this company are currently traded on both the Bombay Stock Exchange and the National Stock Exchange under the script name AMBICAAGAR.
Ambica Agarbathies Aroma and Industries Ltd. presently operates in three segments: Agarbathi Division, construction division, and hotel division. The product portfolio of its Agarbathies division includes Amrutham, Athjisaya Dhoop, and Durbar Bathi. The company also runs Hotel Ambica Empire. The hotel boasts all the modern amenities, including a spa, gym, and pub.
The price-to-equity ratio of the company stands at 16.93. The price-to-book ratio is 0.46. The company's valuation on the stock market has been almost steady over the last five years. However, during the same period, the revenue and net profit beat the industry average by 1.51% and 4.35, respectively. The EBITDA for the three quarters of FY 2022 has been Rs. 1.73 crores, Rs. 2.25 crores, and Rs. 1.88 crores, respectively. The company's non-current liabilities have fluctuated little over the last three years. The company recorded total liabilities of Rs. 111.47 crores in FY 2021. The company also reported a positive free cash flow of Rs. 3.93 crores during the same period.
On 31st March 2022 morning, Ambica Agarbathies' share price opened at Rs. 27.60. The Ambica Agarbatti share price rose in April 2021, then plummeted, and then soared again in late January 2022. The 52 weeks high and low of the AMBICAAGAR share price was reported at Rs. 44.4 and Rs. 11.95, respectively. Due to its volatility of 5.27 times that of the Nifty, investing/trading in the AMBICAAGAR share price is highly risky. The key competitors of Ambica Agarbathis include Aarti Industries Ltd., Gujarat Fluorochemicals Ltd, Clean Science and Technology, Vinati Organics Ltd, and Naveen Fluorine International Ltd.
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