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Clean Science & Technology Ltd share Price Today

Company details

1,313.85
1,340.00
1,277.20
1,622.00
6M Return -4.17%
1Y Return -6.16%
Mkt Cap.(Cr) 14,202.57
Volume 31,163
Div Yield 0.38%
OI
-
OI Chg %
-
Volume 31,163

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Specialty Chemicals firm Clean Science and Technology declares Q3FY22 result:

  • Mixed quarter:
    • Recorded highest ever revenue and PAT in Q3 FY2022 . Total revenues increased by 18% and 44% on QoQ and YoY basis respectively
    • Despite end product price hike, gross margins impacted as raw material price increase was steeper during Q3. Other key factors impacting margins are coal prices and moderation in product mix with pharma segment share significantly higher in Q3 compared to Q2
  • Focus on sustainability
    • Company has been awarded the “Greenco Silver” rating by GreenCo - Green Company Rating System. Clean Science and Technology Limited is the first specialty chemical company in the country to be given the “Greenco” certification
    • This rating is a clear validation of our company’s emphasis on clean, green and sustainable practices and processes
  • Product launch and capex
    • Commissioned plants for manufacturing PBQ (Para benzoquinone), BHA and TBHQ. PBQ is an import substitute with Clean Science being the only company in India to manufacture PBQ
    • Cash capex of ~INR 110 crore cumulatively during 9M FY2022, all funded from internal accruals
  • Performance chemicals - Increased realizations across all products. Strong volume offtake for BHA during Q3 FY22 compared to Q3 FY21
  • Pharma chemicals – Increased volume offtake across products, improved realizations for DCC during Q3 FY22 compared to Q3 FY21
  • FMCG chemicals – Increased volume offtake and improved realizations for all key products in Q3 FY22 compared to Q3 FY21

 

Result PDF

View Other Company Results

Clean Science & Technology Ltd shares SWOT Analysis

Strengths (5)

  • Growth in Net Profit with increasing Profit Margin (QoQ)
  • Company with No Debt
  • Annual Net Profits improving for last 2 years

Weakness (9)

  • MFs decreased their shareholding last quarter
  • Inefficient use of capital to generate profits - RoCE declining in the last 2 years
  • Inefficient use of shareholder funds - ROE declining in the last 2 years

Opportunity (0)

Data not found

Threats (3)

  • High PE (PE > 40)
  • Increasing Trend in Non-Core Income
  • RSI indicating price weakness

Resistance and support

R1 1,342.4
R2 1,366.3
R3 1,382.9
Pivot

1,325.80

S1 1,301.9
S2 1,285.3
S3 1,261.4
EMA SMA
1,340.6
1,369.3
1,392.7
1,413.9
1,324.6
1,373.4
1,420.8
1,398.7
Delivery and volume
CLIENT NAME DEAL TYPE ACTION DATE AVG. PRICE QUANTITY EXCHANGE
THINK INDIA OPPORTUNITIES MASTER FUND LP Bulk Purchase 2023-05-29 1406 882278 NSE
ASHA ASHOK BOOB Bulk Sell 2023-05-29 1407.22 1865710 NSE
ASHA ASHOK SIKCHI Bulk Sell 2023-05-29 1406 984305 NSE
Name Category Shares
Ashok Ramnarayan Boob PROMOTER 12.81%
Ashokkumar Ramkishan Sikchi HUF (Karta - Ashokkumar Ramkishan Sikchi) PROMOTER 9.96%
Asha Ashok Boob PROMOTER 8.07%
Nidhi Mohunta PROMOTER 5.56%
Parth Ashok Maheshwari PROMOTER 5.56%
Ashok Ramnarayan Boob HUF (Karta - Ashok Ramnarayan Boob ) PROMOTER 5.51%
Pooja Vivek Navandar PROMOTER 3.22%
Prasad Krishnakumar Boob PROMOTER 3.22%
Shradha Krishnakumar Boob PROMOTER 3.22%
Krishnakumar Ramnarayan Boob HUF (Karta -Krishnakumar Ramnarayan Boob ) PROMOTER 3.04%
Siddhartha Ashok Sikchi PROMOTER 2.97%
Krishnakumar Ramnarayan Boob PROMOTER 2.65%
Nilima Krishnakumar Boob PROMOTER 2.32%
Kunal Ashok Sikchi PROMOTER 2.27%
Ashok Sikchi PROMOTER 2.07%
Nandita Sikchi PROMOTER 2%
Asha Ashok Sikchi PROMOTER 0.52%

FINANCIALS

Sales
Operating Profit
Profit after Tax
Equity
Reserves and Surplus
Debt
Sales
Operating Profit
Profit after Tax
PE
Debt/Equity
P BV

Clean Science & Technology Ltd Stocks COMPARISON

Financials( in Cr) Clean Science & Technology Ltd Pidilite Industries Ltd SRF Ltd Linde India Ltd Gujarat Fluorochemicals Ltd
Price 1,336.75 2,871.10 2,543.50 6,897.40 3,519.80
% Change 1.38 -0.42 -0.54 1.42 -1.68
Mcap Cr 14,202.57 146,026.73 75,395.70 58,823.79 38,665.00
Revenue TTM Cr 935.80 11,799.10 14,870.25 3,135.52 5,684.66
Net Profit TTM Cr 295.18 1,288.87 2,162.34 538.06 1,323.05
PE TTM 55.12 85.61 51.35 135.47 58.83
1 Year Return -6.16 21.16 3.33 65.84 9.27
ROCE 44.47 24.24 21.98 16.29 29.38
ROE 33.20 18.93 22.89 14.70 27.07
INSIDER & INSTITUTIONAL ACTIVITY

Equity Capital: 1,010.00 Cr FV: 1.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 22,701.14 -977.22
LAST 3M 84,025.63 45,820.51
LAST 6M 131,642.99 78,083.44
LAST 12M 206,655.58 204,047.57

Clean Science & Technology Ltd Information

Stock PE (TTM)
55.12
Promoter Holding
74.98%
Book Value
102.6365
ROCE
44.47%
ROE
33.2%
Description
  • Clean Science and Technology Limited was originally incorporated as `Sri Distikemi Private Limited` on 07 November 2003 in Pune, Maharashtra as a Private Limited Company. Thereafter, name of the Company changed to `Clean Science and Technology Private Limited` pursuant to a resolution passed by Shareholders in an Extra Ordinary General Meeting held on 31 July, 2006. Subsequently, Company was converted into a Public Limited Company on 25 February, 2021 and consequently, name of the Company was changed to Clean Science and Technology Limited pursuant to a fresh Certificate of Incorporation issued by ROC on 04 March, 2021. The Company is engaged in the manufacturing and export of various types of chemicals mainly MEHQ, Guaiacol, 4MAP at its manufacturing plant at Kurkumbh MIDC, Pune. The Company is amongst few global companies focused entirely on developing newer technologies using in-house catalytic processes, which are eco-friendly and cost competitive. This has enabled to emerge as the largest manufacturer globally of certain specialty chemicals in terms of manufacturing capacities. It has 3 certified production facilities in India strategically located at Kurkumbh (Maharashtra), in close proximity to the JNPT port from where the Company export majority of products. Each facility has an independent R&D unit, quality control department, warehouse, engineering & utility section and all our facilities are zero liquid discharge facilities. The Board of Directors of the Company at its meeting held on 20 March 2020 had approved a proposal to buyback up to 87,990 equity shares of the company for an aggregate amount not exceeding Rs 400 million being 6.22% of total paid up equity share capital of the company, at Rs. 4,546 per equity share. The period for tendering the shares for buyback was from 30 March 2020 to 31 March 2020. The Company bought back 87,990 equity shares for an amount of Rs. 400 million. The equity shares bought back were extinguished on 06 April 2020. During the month of July 2021, the company has came out with an IPO which comprises an offer for sale of 17184682 shares by the shareholders and mobilised Rs 1546.62 crore through its public issue.These 17184682 shares were allotted at a price of Rs 900 per share and got listed on the BSE Ltd and National Stock Exchange of India Ltd(NSE) on 19 July, 2021. The Company has 4 wholly owned subsidiaries as on 31 March, 2022, namely; Clean Science Private Limited, Clean Organics Private Limited, Clean Aromatics Private Limited and Clean Fino-Chem Limited. During the year 2022, Company incorporated a new Wholly Owned Subsidiary to manufacture speciality chemicals including the HALS series under the name "Clean Fino-Chem Limited" (CFCL). Subsequently, it made additional equity investments of Rs. 550 million in CFCL. During 2021-22, the Company launched two new products, namely, Para benzoquinone (PBQ ) and Tertiary Butyl Hydroquinone (TBHQ ). In 2022, the Company commissioned two new products in Unit 3, PBQ and TBHQ. In 2022-23, the Company commercialised plant to manufacture HALS 770 & 4-Hydroxy Tempo (701) at Unit-3 with a combined capacity of 2,000 MT in the month of December 2022. It expanded capacity of MEHQ , Guaiacol and BHA by 50%. In March, 2023, the Company commissioned a new solar power plant with an installed capacity of 5 MW.

Registered Address

Office No.503 Pentagon Tower, P-4 Magarpatta City Hadapsar, Pune, Maharashtra, 411013

Tel : 91-20-26899953
Email : compliance:cleanscience.co.in
Website : http://www.cleanscience.co.in
Registrar

Link Intime India Pvt Ltd

AGM Date (Month) : Aug
Face Value Equity Shares : 1
Market Lot Equity Shares : 1
BSE Code : 543318
NSE Code : CLEAN
Book Closure Date (Month) : Aug
BSE Group : A
ISIN : INE227W01023

FAQ’s on Clean Science & Technology Ltd Shares

You can buy Clean Science & Technology Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Clean Science & Technology Ltd Share.

Company share prices and volatile and keep changing according to the market conditions. As of Apr 16, 2024 12:24 PM the closing price of Clean Science & Technology Ltd was ₹ 1,336.75.

Market capitalization or market cap is determined by multiplying the current market price of a company’s shares with the total number of shares outstanding. As of Apr 16, 2024 12:24 PM, the market cap of Clean Science & Technology Ltd stood at ₹ 14,202.57.

The latest PE ratio of Clean Science & Technology Ltd as of Apr 16, 2024 12:24 PM is 55.12

The latest PB ratio of Clean Science & Technology Ltd as of Apr 16, 2024 12:24 PM is 0.08

The 52-week high of Clean Science & Technology Ltd share price is ₹ 1,622.00 while the 52-week low is ₹ 1,277.20

According to analyst recommendations, Clean Science & Technology Ltd Share has a “Buy” rating for the long term.

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