1. Clean Science & Tech
stock logo

55% Buy

Clean Science & Tech Share Price

CLEAN

₹1,371.95-₹40.60 (-2.87%) TodayLast updated on 24 May, 2024 | 03:53 PM IST
₹1,368.20₹1,414.00
L
Show Current Price
H
  • News

  • Company overview

  • Fundamentals

  • Events

  • More

Company overview

Financial performance

arrow

Market cap

Market Cap Switch₹15,009 Crs

Open

₹1,413.15

Close

₹1,412.55

Circuit range

₹1,695.05 - ₹1,130.05

Day range

₹1,368.20 - ₹1,414.00

Year range

₹1,276.00 - ₹1,622.00

Volume

1,13,085

Avg. traded

₹1,384.35

Revenue (12m)

₹791 Crs

Clean Science & Tech

Clean Science and Technology Limited is a fine and specialty chemical manufacturing company. The company’s operations are primarily focused on critical specialty chemical manufacturing for various end-user industries and everyday product verticals.

Through robust in-house research and development (R&D) and advanced technologies for developing chemicals using catalytic processes, Clean Science and Technology has emerged as one of the largest producers of critical specialty chemicals globally. The company has established its footprint in more than 35 countries with over 500 customers across the globe. It operates from three manufacturing facilities.

The company was incorporated in the year 2003 as Sri Distikemi Pvt. Ltd in Pune. Thereafter, it changed its name to Clean Science and Technology Pvt. Ltd in 2006.

In 2021, Clean Science and Technology was converted into a public limited company in February 2021. Consequently, its name was changed to Clean Science and Technology Ltd.

The shares of the company were listed on stock exchanges in July 2021. As of December 2023, the company had a market capitalisation of ₹16,304 crore. Clean Science share price is up 4% in the last one year.

Business operations

Clean Science and Technology operates in three major segments – Performance Chemicals, Pharma and Agro Intermediates and FMCG Chemicals. Here’s a detailed look:

Performance chemicals: This is a key segment for Clean Science and Technology as it contributed 69% to the company’s revenue in 2022-23. products in the segment include monomethyl ether of hydroquinone (MEHQ), butylated hydroxy anisole (BHA), hindered amine light stabilisers (HALS) and tertiary butyl hydroquinone (TBHQ) and ascorbyl palmitate.

MEHQ is an organic compound that is a synthetic hydroquinone derivative. It is mainly used as a polymerisation inhibitor in the production of acrylic fibres, inks, paints, adhesives, and super absorbent polymers. Ascorbyl palmitate is mainly used in cosmetics, infant food formulations, and breakfast cereals. Sulphur-free BHA is widely used as an antioxidant in the animal feed and nutrition and food and feed industries.

TBHQ is a new product that was launched in 2022-23. It is primarily used as a stabilising agent in edible oil and can be combined with other preservation agents.

Pharma and agro intermediates: This segment contributed 19% to the company’s revenue in FY23. Products include guaiacol, dicyclohexyl carbodiimide (DCC) and para benzoquinone (p-BQ).

Guaiacol is a versatile compound that finds application in various industries. It is used as a key starting material in the production of APIs like guaifenesin, carvedilol, ranolazine, and methocarbamol. Guaiacol is also used in the synthesis of food ingredients and fragrance goods.

DCC is a potent dehydrating agent used to synthesise amides, esters, and anhydrides. It is also an essential raw material for producing APIs, including amikacin, valacyclovir, and glutathione, among others.

PBQ is a new product that was introduced in 2022-23. It is used in the manufacturing of herbicides and fungicides and is utilised as an intermediate in the agrochemical and monomer industry or agrochemical or monomer industries.

FMCG Chemicals: This segment accounted for 11% of the company’s revenue in 2022-23. Products include 4-methoxy acetophenone (4-MAP) and anisole.

4-MAP is an aromatic compound with a sweet, fruity, and nutty aroma that is like vanilla. It is widely used as an intermediate in the manufacturing of cosmetic additives such as avobenzone which is the most common UVA filter in sunscreens. It is also used in food flavourings and as a cigarette additive.

Anisole is a versatile chemical used in the cosmetics, pharmaceuticals, and agrochemical industries. It is a vital raw material for the manufacturing of pesticides, fragrances, perfumes and flavours.

Clean Science and Technology has become the largest producer of anisole worldwide. The company’s distinction lies in its use of vapour phase technology to produce anisole.

Financial highlights

The company posted its highest-ever revenue and profitability in 2022-23. It also crossed a revenue milestone of $100 million during the year.

  • Revenue grew 37% in FY23 to ₹936 crore, its highest ever. Notably, the revenue mix comprised 72% exports and 28% domestic.
  • The company’s operating profit, or EBITDA, showed a growth of 34% in FY23 to reach ₹403 crore compared with the previous year.
  • The company’s profit after tax (PAT) for FY23 stood at ₹304 crore, growing 33% as compared with the previous year.
  • During FY23, the company’s earnings per share (EPS) stood at ₹28.57 in FY23 as against ₹ 21.52 in FY22.

Clean Science & Tech Key indicators

arrow

52 week high

₹1,622.00

52 week low

₹1,276.00

P/E ratio

59.75

P/B ratio

11.78

ROE

33.99%

ROCE

45.41%

Dividend yield

0.39%

Debt/Equity ratio

EPS

28.57

Learn more

Investment checklist: (4/6)

arrow
check status

Equity returns

check status

Dividend returns

check status

Safety factor

check status

Growth factor

check status

Debt vs Equity

check status

Profit factor

The investment checklist helps you understand a company's financial health at a glance and identify quality investment opportunities easily

Analyst ratings:

Buy

arrow

Buy

55%

Hold

36%

Sell

9%

This analysis is based on the reviews of 11 experts in the last 7 days

Fundamentals

Financial ratios

arrow
  • Profitability

  • Operational

  • Valuation

Operating profit margin

47.21%

Net profit margin

32.43%

ROE

33.99%

ROA

29.13%

ROCE

45.41%

Learn more

Clean Science & Tech Shareholder returns

arrow

1 day

+1.29%

1 week

+4.61%

1 month

+8.64%

3 months

-3.78%

1 year

-4.45%

3 years

-10.89%

5 years

-10.89%

Revenue statement

All values are in ₹ Crores (Cr)
arrow

Cash flow

All values are in ₹ Crores (Cr)
arrow

Balance sheet

All values are in ₹ Crores (Cr)
arrow

Clean Science & Tech Share Price history

arrow
DayOpenCloseDay’s change
Fri, May 24 2024
₹1,413.15
₹1,371.95
-2.87%
Thu, May 23 2024
₹1,404.85
₹1,412.55
+1.29%
Wed, May 22 2024
₹1,336.00
₹1,394.50
+4.46%
Tue, May 21 2024
₹1,338.60
₹1,334.90
-0.28%
Sat, May 18 2024
₹1,345.75
₹1,338.60
-0.54%
Fri, May 17 2024
₹1,359.00
₹1,345.85
-0.33%
Thu, May 16 2024
₹1,336.90
₹1,350.25
+1.71%
Wed, May 15 2024
₹1,300.95
₹1,327.55
+3.13%

Shareholding info

arrow

Promoters (74.98%)

Mutual Funds (4.22%)

Retail and other (14.1%)

Foreign institutions-FII (5.88%)

Other domestic institutions (0.82%)

Promoters

Learn more

Events

Corporate actions

arrow
  • Dividend • ₹2/share

    Ex date 12 Feb 2024

    expand tab
  • Dividend • ₹3/share

    Ex date 03 Aug 2023

    expand tab
  • Dividend • ₹2/share

    Ex date 10 Feb 2023

    expand tab
  • Dividend • ₹3.25/share

    Ex date 29 Jul 2022

    expand tab

Learn more

Frequently asked questions