CMP: 725


Clariant Chemicals (India) Ltd. manufactures synthetic organic dyestuffs, pigment dyestuffs, leather chemicals, synthetic resin binder materials, and auxiliaries. The Company also manufactures thickeners and other intermediates (including catalysts) for dyes, pesticides and pharmaceuticals.

Clariant Chemicals is a decent bet in mid-cap space. Its a modest safe buy and do not expect multi-bagger returns in a short span. Its currently trading at a P/E of over 6 with exceedingly good dividend yields of over 4% in the last 12 months. Minimal liabilities. Revenues have slowly and steadily risen from 687 Crores to 998 Crores in the last 5 years. Profits have risen from 32 Crores to 112 Crores in the last 5 years backed by NPM growth. NPM has grown from 5% to over 11% over 5 years.