Moneycontrol PRO

Ami Organics: Niche chemistry and a strong export tailwind

Overall valuations, seen in the context of high growth and elevated margins, make Ami Organics a stock worth looking at

March 29, 2022 / 09:51 AM IST
Ami Organics: Niche chemistry and a strong export tailwind


PRO Only Highlights
Quarterly performance largely backed by improved realisations
Medium-term triggers China plus and protectionist measures for tyre industry
Valuations not inexpensive; but improved medium-term outlook

The stock of Ami Organics (CMP: Rs 863; Market Cap: Rs 3,143 crore) has corrected by 25 percent from its January 2022 high, partially reflecting elevated raw material pricing headwinds. The stock is now trading at 17x FY24e EV/EBITDA, which appears reasonable, compared to peers/sector. (image) On the other side, we also take note of the strong export trend in the chemicals industry. This suggests that irrespective of some of the macro headwinds, export-oriented chemical companies in India warrant attention...

  • PRO Panorama

    Moneycontrol Pro Panorama | It all starts and ends in the bond market

    Mar 31, 2023 / 03:20 PM IST

    In today’s edition of Moneycontrol Pro Panorama: India's growing gaming market needs better policies, the only solution to the b...

    Read Now
  • PRO Weekender

    Moneycontrol Pro Weekender: Between the Fed and a hard place

    Mar 11, 2023 / 11:38 AM IST

    The Fed is caught between combating inflation and worries over a financial mishap

    Read Now

To read the full story, Subscribe to Moneycontrol PRO

Access the exclusive stories, weekly investment ideas and daily technical calls in an Ad free experience

Already a member? Sign in

Limited Period offer on Moneycontrol PRO. Subscribe to PRO and get up to

50% OFF

What Do You Get

  • Ad free experience

    Experience a non-intrusive navigation and faster response in the ad free mode

  • Sharpest Opinions

    Access to 230+ exclusive stories per month from our editorial and Experts

  • +

    Have a Global edge with access to content from world renowned experts and journalist

  • Actionable Insights

    Access to 40+ weekly investment ideas including 4 daily technical calls

  • Virtual Events

    Exclusive access to live webinars from market experts on trading and investment strategies

  • Newsletters

    Daily and weekly insights bundled and sent to your inbox to keep you ahead in the race.

Get upto 50% discount on limited period offers