X

Sign up for Equitymaster's free daily newsletter, The 5 Minute WrapUp and get access to our latest Multibagger guide (2019 Edition) on picking money-making stocks.

This is an entirely free service. No payments are to be made.


Download Now Subscribe to our free daily e-letter, The 5 Minute WrapUp and get this complimentary report.
We hate spam as much as you do. Check out our Privacy Policy and Terms Of Use.
Clariant makes a comeback - Views on News from Equitymaster

Helping You Build Wealth With Honest Research
Since 1996. Try Now

  • MyStocks

MEMBER'S LOGINX

     
Login Failure
   
     
   
     
 
 
 
(Please do not use this option on a public machine)
 
     
 
 
 
  Sign Up | Forgot Password?  

Clariant makes a comeback

Jul 27, 2000

Clariant has reported a healthy growth in turnover of 15.4%. The growth is the upshot of its strategy of greater market penetration by focusing on new products in the specialty segment.

(Rs m) 1QFY00 1QFY01 Change
Sales 562 648 15.4%
Other Income 9 12 29.3%
Expenditure 511 591 15.7%
Operating Profit (EBDIT) 51 57 12.2%
Operating Profit Margin (%) 9.1% 8.8%  
Interest (1) (0) -81.8%
Depreciation 6 7 19.3%
Profit before Tax 56 63 12.4%
Tax 20 22  
Profit after Tax/(Loss) 36 41 12.5%
Net profit margin (%) 6.4% 6.3%  
No. of Shares (eoy) 8 12  
Diluted Earnings per share* 12.1 13.6  
*(annualised)      

The operating profit has shown a very healthy growth over Q1FY00. In fact for the year ended FY00 Clariant reported a drop in operating profits. Concerns still remain over the decling OPM. Margins have come under squeeze due to competition from China.

Historically, Clariant has traded at a three year average P/E multiple of 30. Currently, it is trading a multiple of 11 on 1QFY01 annualised earnings.


Equitymaster requests your view! Post a comment on "Clariant makes a comeback". Click here!

  

More Views on News

Galaxy Surfactants Ltd. (IPO)

Jan 27, 2018

Should you subscribe to the IPO of Galaxy Surfactants Ltd?

More Views on News

Most Popular

These 3 Smallcap Stocks are Set to Make the Most of Smallcap Rebound (Profit Hunter)

Jul 9, 2019

As the sense of normalcy returns to the markets, the rebound in the quality smallcaps could be huge.

2 Stocks from Super Investor Sanjay Bakshi's Portfolio You Can Bet On... (The 5 Minute Wrapup)

Jul 12, 2019

Despite the current fear prevailing in the markets, both these stocks have the potential to deliver in 4-5 years.

A One Stock Crorepati (Profit Hunter)

Jul 4, 2019

Do you wish you could become a crorepati in the stock market? Read on...

After Disappointing Budget, Here's a Document that Concerns Largecap and Smallcap Investors (The 5 Minute Wrapup)

Jul 8, 2019

A new 'definition' of the stock universe that triggered the smallcap sell-off is back with the latest list...

Union Budget 2019-2020: More Style Over Substance (The 5 Minute Wrapup)

Jul 5, 2019

Did the Union Budget announce measures to stimulate the economy and bolster corporate earnings growth?

More

Get the Indian Stock Market's
Most Profitable Ideas

How To Beat Sensex Guide 2019
Get our special report, How to Beat Sensex Nearly 3X Now!
We will never sell or rent your email id.
Please read our Terms

TRACK CLARIANT (I)

  • Track your investment in CLARIANT (I) with Equitymaster's Portfolio Tracker. Set live price alerts, get research alerts and more. Get access now...
  • Add To MyStocks

MARKET STATS