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Buy Clean Science and Technology Ltd For Target Rs. 1,845 By JM Financial Services Subdued quarter; growth outlook strong Clean Science’s 2QFY25 earnings print was lower than our and consensus expectations. Reported EBITDA was ~7%/12% below JMFe and consensus on account of gross margin contraction and higher other expenses. The company didn’t pass on the increase in raw material prices to focus on volumes. As a result, sales growth was largely driven by volume growth with end product prices being steady. Going forward, the company will continue to focus on ma...
Buy Clean Science and Technology Ltd For Target Rs. 1,845 By JM Financial Services
Buy Clean Science and Technology Ltd For Target Rs. 1,845 By JM Financial Services
Source: JM Financial Services Ltd
2024-11-09 11:41:08 am
Neutral Clean Science & Technology Ltd For Target Rs. 1,580 By Motilal Oswal Financial Services Ltd CFCL – Future growth engine * CLEAN’s R&D, focused on innovation and sustainability, achieved key milestones in FY24, including the commercialization of HALS series and the development of pharma intermediates. Currently, there are 10 new molecules in progress, which should drive future growth in the pharmaceuticals, polymers, and sustainable agrochemicals segments of the company. * Clean Fino Chem (CFCL), a wholly owned subsidiary of CLEAN, is scaling up HALS production ...
Neutral Clean Science & Technology Ltd For Target Rs. 1,580 By Motilal Oswal Financial Services Ltd
Neutral Clean Science & Technology Ltd For Target Rs. 1,580 By Motilal Oswal Financial Services Ltd
Source: Motilal Oswal Financial Services
2024-10-15 03:06:40 pm
Neutral Clean Science & Technology Ltd For Target Rs.1,440 By Motilal Oswal Financial Services Ltd Volume growth across segments drives performance YoY * CLEAN’s reported EBITDA in 1QFY25 was below our estimate at INR947m (+24% YoY), with a gross margin of 65.4% (vs. 61.4% in 1QFY24). EBITDAM expanded to 42.3% from 40.5% in 1QFY24. The revenue contribution of Performance Chemicals increased 2% YoY, while that of Pharma & Agro Intermediates declined 1% YoY. PAT grew 12% YoY to INR659m. * There was strong YoY growth across segments, led by healthy volumes. Europe and China ma...
Neutral Clean Science & Technology Ltd For Target Rs.1,440 By Motilal Oswal Financial Services Ltd
Neutral Clean Science & Technology Ltd For Target Rs.1,440 By Motilal Oswal Financial Services Ltd
Source: Motilal Oswal Financial Services Ltd
2024-08-24 09:45:50 am
Buy Clean Science and Technology Ltd For Target Rs.1,765 By JM Financial Services New product launches ramping up steadily Clean Science’s 4QFY24 earnings print was better than our and consensus expectations. During the quarter, reported EBITDA was ~4%/3% higher than JMFe and consensus on account of robust volume growth. Going forward, volume recovery in the base business is likely to continue. This along with ramp-up of HALS series of products along with new pharma intermediate should result in a 35% sales growth in FY25. For FY26 and FY27, higher utilisation of ...
Buy Clean Science and Technology Ltd For Target Rs.1,765 By JM Financial Services
Buy Clean Science and Technology Ltd For Target Rs.1,765 By JM Financial Services
Source: JM Financial Services
2024-07-03 06:23:45 pm
Neutral Clean Science & Technology Ltd. for Target Rs. 1,375 - Motilal Oswal Financial Services Volume-led recovery drives beat * CLEAN’s reported EBITDA in 4QFY24 beat our estimate at INR945m (-10% YoY), with a gross margin of 65.7% (vs. 70.5% in 4QFY23). EBITDAM contracted to 41.5% from 48.5% in 4QFY23. Revenue contribution of FMCG Chemicals increased YoY, while that of Performance Chemicals and Pharma & Agro Intermediates declined YoY. PAT declined 3% YoY to INR703m. * There was strong sequential growth in both Performance and Pharma & Agro Intermediates on the b...
Neutral Clean Science & Technology Ltd. for Target Rs. 1,375 - Motilal Oswal Financial Services
Neutral Clean Science & Technology Ltd. for Target Rs. 1,375 - Motilal Oswal Financial Services
Source: Motilal Oswal Financial Services
2024-06-27 11:49:23 am
Buy Clean Science and Technology Ltd. For Target Rs.1,805 By JM Financial Services Prices have largely stabilised; focus on new product launches Clean Science’s 3QFY24 earnings print was better than our and consensus expectations. During the quarter, reported EBITDA was ~6%/3% higher than JMFe and consensus on account of robust volume growth. Looking at the current quarter’s performance, we believe that prices of most of Clean’s products have largely stabilised. Hence, going forward, volume-led growth is likely to continue as there are a lot of new proj...
Buy Clean Science and Technology Ltd. For Target Rs.1,805 By JM Financial Services
Buy Clean Science and Technology Ltd. For Target Rs.1,805 By JM Financial Services
Source: JM Financial Services
2024-04-22 09:56:21 am
Clean Science and Technology moves up as its arm inaugurates new manufacturing facility in Pune Clean Science And Technology is currently trading at Rs. 1411.60, up by 8.75 points or 0.62% from its previous closing of Rs. 1402.85 on the BSE. The scrip opened at Rs. 1402.95 and has touched a high and low of Rs. 1415.85 and Rs. 1401.00 respectively. So far 8428 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 1622.40 on 01-Jan-2024 and a 52 week low of Rs. 1227.45 on 31-Mar-2023. Last one week high and low of...
Clean Science and Technology moves up as its arm inaugurates new manufacturing facility in Pune
Clean Science and Technology moves up as its arm inaugurates new manufacturing facility in Pune
Source: Accord Fintech
2024-02-20 02:34:18 pm
Buy Clean Science and Technology For Target Rs.1,790 - JM Financial Institutional Securities Clean Science’s 2QFY24 earnings print was weaker than our and consensus expectations. During the quarter, reported EBITDA was ~6% lower than JMFe and consensus on account of lower realisation (15% realisation decline QoQ) across a majority of products due to overproduction in China. Despite higher contribution (~25%) from non-flagship products, the company was able to make >41% EBITDA margin in 2QFY24. This is in line with our thesis (click here) that despite new product addition, ma...
Buy Clean Science and Technology For Target Rs.1,790 - JM Financial Institutional Securities
Buy Clean Science and Technology For Target Rs.1,790 - JM Financial Institutional Securities
Source: JM Financial Institutional Securities Ltd
2023-11-13 01:02:11 pm
Clean Science and Technology surges on subscribing additional stake in Clean Fino-Chem Clean Science and Technology is currently trading at Rs. 1490.00, up by 27.55 points or 1.88% from its previous closing of Rs. 1462.45 on the BSE.The scrip opened at Rs. 1477.95 and has touched a high and low of Rs. 1492.45 and Rs. 1469.90 respectively. So far 1159 shares were traded on the counter.The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 1978.90 on 15-Sep-2022 and a 52 week low of Rs. 1227.45 on 31-Mar-2023.Last one week high and low of the scrip stood at...
Clean Science and Technology surges on subscribing additional stake in Clean Fino-Chem
Clean Science and Technology surges on subscribing additional stake in Clean Fino-Chem
Source: Accord Fintech
2023-09-15 10:58:37am