Rossari Biotech Ltd.
Snapshot View

1243.35 +6.55 ▲0.5%

30 July 2021, 04:00:00 P.M.
Volume: 5,833

Overview View Details

Sector Chemicals Compare with Sector peers
Industry Chemicals Compare with Industry peers
Website http://www.rossari.com
Financial Indicators
Market Cap 6,806.95 Cr.
Earnings per share (EPS) 14.57 Trailing Twelve Months Ending 2021-03
Price-Earning Ratio (PE) 84.85 Trailing Twelve Months Ending 2021-03
Industry PE 47.45 Trailing Twelve Months Ending 2021-03
Book Value / Share 128.74 Trailing Twelve Months Ending 2021-03
Price to Book Value 9.60 Calculated using Price: 1,236.40
Dividend Yield 0.04 Period Ending 2020-03
No. of Shares Subscribed 5.51 Cr. 55,054,586 Shares
FaceValue 2
Company Profile

The company was initially incorporated as Rossari Labtech on March 6, 2003, as a partnership firm under the Indian Partnership Act, 1932, pursuant to a certificate of registration dated June 22, 2003, issued by the Registrar of Firms, Mumbai. The name of the partnership firm was changed to Rossari Biotech on December 5, 2003 and further the firm converted into a joint stock company on August 10, 2009, under part IX of the Companies Act, 1956 as Rossari Biotech Limited with a certificate of incorporation granted by the Registrar of Companies, Maharashtra at Mumbai (RoC). The company received its certificate of commencement of business on August 13, 2009.

Business area of the company

The company is one of the leading specialty chemicals manufacturing companies in India providing customized solutions to specific industrial and production requirements of its customers primarily in the FMCG, apparel, poultry and animal feed industries through its diversified product portfolio comprising home, personal care and performance chemicals; textile specialty chemicals; and animal health and nutrition products. The company’s business is organized in three main product categories - (i) home, personal care and performance chemicals; (ii) textile specialty chemicals; and (iii) animal health and nutrition products.

The company is the leading manufacturer of acrylic polymers in India and manufactures many products for its customers in the soaps and detergent, paints, inks and coatings, ceramics and tiles, water treatment chemicals and pulp and paper industries. It also manufacture institutional cleaning chemical formulations for hospitality, facility management, airports, corporates, food service, commercial laundry, malls, multiplexes, educational sector, places of worship etc. It is in advanced stages of expanding its home, personal care and performance product portfolio to water treatment formulations, specialty formulation for breweries as well as dairies. Besides, the company provides specialty chemicals for the entire value-chain of the textile industry starting from fiber, yarn to fabric, wet processing and garment processing. The company has also diversified into animal health and nutrition and currently supply poultry feed supplements and additives, pet grooming and pet treats including for weaning, infants and adult pets.

Major Events & Milestones:

  • 2003: The company’s Promoters entered into a partnership firm to start the manufacturers of specialty chemicals and industrial enzymes in India.
  • 2004: Established first manufacturing facility at Silvassa.
  • 2009: Conversion of partnership firm into company.
  • 2009: Incorporation of company.
  • 2009: Obtained recognition for in-house R&D unit from the Department of Scientific and Industrial Research.
  • 2010: Forayed into animal health and nutrition products.
  • 2013: Forayed into HPPC products.
  • 2014: The company’s Promoters entered into a Joint Venture with BUZIL-WERK Wagner GmbH & Co. KG to form Buzil Rossari.
  • 2015: Lease granted by GIDC to company for setting up manufacturing facility at Dahej.
  • 2017: The Food Safety Management System of Silvassa Manufacturing Facility has been assessed and found to conform to the requirements of ISO 9001:2015.
  • 2018: Entered into an exclusive purchasing agreement with Hindustan Unilever.
  • 2020: Completion of the Pre-IPO Placement.

Awards & accreditations:

  • 2009: The erstwhile Hon’ble Union Finance Minister Pranab Mukherjee awarded ‘Corp EXCEL 2008– National mSME’ form a list of 27000 companies.
  • 2010: Frost & Sullivan awarded ‘Customer Value Enhancement for Industrial Enzymes Market’.
  • 2011: The Council for Fair Business Practices awarded ‘CFBP – Jamnalal Bajaj Uchit Vyavahar Puraskar for Fair Business Practices’.
  • 2017: The India SME Forum awarded at the India SME 100 Awards for ‘scoring in the top 100 in the overall evaluation of Financial & Non - Financial Parameters amongst 33102 nominations’.
  • 2018: Arvind awarded ‘Star Performer Award 2018’ in the Dye & Chemicals Category.

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
+0.53%
1 Week
-0.09%
1 Month
+4.36%
3 Month
+0.04%
6 Month
+40.59%
1 Year
+81.99%
2 Year
5 Year
6 years 2014-03 2015-03 2016-03 2018-03 2019-03 2020-03
Return on Equity (%) 8.60 8.18 6.99 36.33 41.88 31.94
Return on Capital Employed (%) 10.69 10.70 10.30 40.37 54.40 38.02
Return on Assets (%) 3.03 3.11 3.04 20.00 20.38 16.22

Balance Sheet View Details

Particulars 7 years 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Shh. Funds 48 47 50 65 94 124 287
Non Curr. Liab. 8 9 7 2 4 37 69
Curr. Liab. 70 58 52 57 68 122 169
Minority Int.
Equity & Liab. 125 114 109 124 166 283 525
Non Curr. Assets 50 46 46 47 60 123 178
Curr. Assets 76 69 63 77 106 160 346
Misc. Exp. not W/O
Total Assets 125 114 109 124 166 283 525

Profit Loss View Details

Particulars 7 years 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Net Sales 155 171 179 233 292 516 600
Other Income 0 0 0 1 1 1 4
Total Income 155 171 179 234 293 517 604
Total Expenditure -140 -156 -166 -209 -247 -439 -495
PBIDT 15 15 13 25 46 78 108
Interest -5 -5 -4 -2 -1 -3 -4
Depreciation -5 -5 -5 -4 -5 -12 -17
Taxation -1 -1 -1 -3 -11 -18 -23
Exceptional Items
PAT 4 4 3 16 29 46 65

Cash Flow View Details

Particulars 3 years 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Cash Fr. Operatn. 24 71 55
Cash Fr. Inv. -20 -36 -190
Cash Fr. Finan. -5 -29 157
Net Change -2 6 21
Cash & Cash Eqvt 1 6 29

Shareholding Pattern View Details

9 Qtrs 2015-09 (%) 2016-09 (%) 2017-09 (%) 2018-09 (%) 2019-09 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%)
Promoter 100.00 100.00 100.00 100.00 100.00 72.69 72.69 72.69 68.70
Public 0.00 0.00 0.00 0.00 0.00 27.31 27.31 27.31 31.30
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Announcements View Details

Fri, 30 Jul 2021
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Revision in Timing of Earnings Conference Call for investors and analysts for Q1 FY21-22.
Fri, 30 Jul 2021
Board Meeting Outcome for Outcome Of Board Meeting Held On July 30 2021
Inter alia approved Un-audited Financial Results (Standalone and Consolidated) for the quarter ended June 30 2021 of the Financial Year 2021-22.
Fri, 30 Jul 2021
Book Closure
Rossari Biotech Limited has informed the Exchange that Register of Members & Share Transfer Books of the Company will remain closed from 11-Sep-2021 to 17-Sep-2021 for the purpose of Dividend.

Technical Scans View Details

Fri, 30 Jul 2021
Stock Underperforming Sectoral Index in both 1 Week and 3 Month Stock Underperforming Sectoral Index in both 1 Week and 3 Month
Strongly Underperforming Sectoral index Strongly Underperforming Sectoral index
Both SRS And ARS Above Zero Both SRS And ARS Above Zero
ATR Decreasing for 3 Days ATR Decreasing for 3 Days
ATR Decreasing for 5 Days ATR Decreasing for 5 Days

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