Jay Shankarpure
Jay Shankarpure

@Arthavruksha12

9 Tweets 16 reads Feb 10, 2022
Here are my notes ✍️of Q3 FY22 Concall of #BlackRoseIndustries
A Thread 🧵
- Out of their 32,000 MTPA Capex for Acrylamide Liquid 20,000 MTPA is for Merchant Sales
And other 12,000 MTPA is for Captive Requirement
- Awaiting Clearance for their 3,600 MTPA Capex for Acrylamide Solid
- Subdued and Low Growth in this Quarter is due to the Covid 3rd Wave
- Revenue degrowth by 9% although EBITDA and PAT Margins Improved
- Company is almost a Debt Free Company Now
- Revenue Break Up -
34% - Chemical Manufacturing
65% - Chemical Distribution
1% - Others
In this Quarter Revenue from Chemical Manufacturing has drastically increased which was 23-25% last Quarter
- Hexamine is one of the new product added in their Chemical Distribution Business
- Chemical Manufacturing Business saw a very good growth in revenue from 25 Cr in the previous Quarter to 31 Cr in this Quarter
- Capacity Utilization Level is around 60% in Acrylamide Liquid & Polyacrylamide Liquid
- Acrylamide Solid & NMA to add in their revenue from Q4
- Acrylonitrile key raw material for acrylamide prices have touched low and company expects good realisation
- Demand for Acrylamide Liquid has remained Stable and company has gained market share in in Acrylamide Liquid
Thats all from my side Guys
Thanks for reading this thread till end 🙏🙏
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