Clean Science & Technology Ltd (CSTL) is a specialty chemical company that is making waves in the industry with its strong technical capabilities, sustainable processes, and strategic diversification. The company operates in over 35 countries and generates over 60% of its revenue from exports, showcasing its global presence and reach.
One of the key strengths of CSTL is its focus on research and development, which has led to the establishment of its fourth manufacturing unit under the subsidiary, Clean Fino-Chem Ltd (CFCL). This move highlights the company’s commitment to innovation and growth, as it continues to invest in new technologies and expand its product offerings.
Furthermore, CSTL’s entry into the HALS series, with an estimated global market size of USD 1bn, positions the company for significant growth potential. Management anticipates that HALS utilization will reach 80% within three years, further fueling the company’s revenue and profitability.
With a solid balance sheet and financial strength, CSTL is well-equipped to pursue further expansion and capitalize on market opportunities. The company’s target price of ₹1,703 reflects its potential for growth and value creation, with a P/E ratio of 41x applied to the projected FY27 EPS of ₹41.54.
In conclusion, Clean Science & Technology Ltd is a company to watch in the specialty chemicals industry, with its focus on innovation, sustainability, and strategic growth initiatives setting it apart from its competitors. With a strong outlook and promising future prospects, CSTL is well-positioned to deliver value to its shareholders and stakeholders in the years to come.