Rossari Biotech - Complete Passthrough Is Challenge In Formulations Business: Nirmal Bang

Rossari Biotech - Complete Passthrough Is Challenge In Formulations Business: Nirmal Bang

Scientist analyzing liquid solution during an experiment in a lab. (Source: freepik)

BQ Prime’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BQ Prime’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

Nirmal Bang Report

We hosted Rossari Biotech Ltd.’s management at our annual investor conference in order to understand the overall demand outlook across segments, effectiveness of pass-through mechanism under an inflationary environment, update on Unitop and Tristar and overall growth drivers going forward.

The management stated that the growth prospects for the home, personal care and performance chemicals segment are robust. Addressing investors’ query on the possibility of saturation in home and personal care segment, the management stated that growth would be largely driven by this sub-segment only as there are ample opportunities with various clients, including multi national companies.

Other sub-segments of HPPC like paints, ceramics, rubber etc. are still smaller in size. However, they should also pick up pace over the next two years.

There are short-term challenges regarding pass-through of the entire cost burden to clients, especially in the formulations business, which is the core strength of Rossari Biotech.

Click on the attachment to read the full report:

Nirmal Bang Rossari Biotech-Management Meet Update-7 June 2022.pdf
Read Document

DISCLAIMER

This report is authored by an external party. BQ Prime does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BQ Prime.

Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

lock-gif
To continue reading this story
Subscribe to Unlock & Enjoy your
Subscriber-Only benefits
Still Not convinced ?  Know More
Watch LIVE TV , Get Stock Market Updates, Top Business , IPO and Latest News on NDTV Profit.
GET REGULAR UPDATES