Ami is a number one producer of intermediates for APIs/NCEs and an rising specialty chemical substances participant. Early focusing on of merchandise, said intent to not compete with clients and various chemistry abilities have pushed long-term buyer relationships and market share dominance in lots of merchandise, highlighted brokerage Ambit in a be aware.
The brokerage has initiated protection with a purchase score on the specialty chemical inventory with a goal value of ₹goal value of ₹1,500 per share with a time horizon of twenty 4 months.
Whereas very completely different in scale, method to enterprise mirrors that of Divi’s – potential to duplicate value/market-share management in an growing variety of merchandise is essential to reaching related valuation trajectory over time, Ambit added.
“Ami’s strengths are various and long-standing tie-ups and R&D energy. Lengthy regulatory gestation to change, scale pushed value edge (30-90% share in lots of merchandise) and various chemistry abilities lend stability. Giant product suite and funding in individuals & capability place it effectively for prime multi-year development,” the be aware said.
Ami Organics is likely one of the main R&D pushed producers of specialty chemical substances with diverse finish utilization, centered in the direction of the event and manufacturing of pharma intermediates for regulated and generic APIs (lively pharmaceutical components) and NCE (new chemical entity) and key beginning materials for agrochemicals and high-quality chemical substances.
“Ami is well-positioned to capitalize given funding in capability and folks together with expanded specialty chemical substances playbook publish latest GOL acquisition,” Ambit added.
The views and suggestions made above are these of particular person analysts or broking corporations, and never of Mint.
Supply: Live Mint