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Clean Science and Technology is among the few companies globally focused entirely on developing newer technologies using in-house catalytic processes, which are eco-friendly and cost competitive. This has enabled company to emerge as the largest manufacturer globally of certain specialty chemicals in terms of installed manufacturing capacities as of March 31, 2021. The company’s continued focus on product identification, process innovation, catalyst development, significant scale of operations as well as its measures towards strategic backward integration have all contributed to its success as one of the fastest growing and among the most profitable specialty chemical companies globally.

The company manufactures functionally critical specialty chemicals such as Performance Chemicals (i.e. MEHQ, BHA and AP), Pharmaceutical Intermediates (i.e. Guaiacol and DCC), and FMCG Chemicals (i.e. 4-MAP and Anisole). The company’s specialty chemicals have a wide range of applications that cater to a diverse base of customers across industries. Its customers include manufacturers and distributors in India as well as other regulated international markets including China, Europe, the United States of America, Taiwan, Korea, and Japan. In Fiscal 2021, revenue from operations for sales outside India represented 67.86% of its total revenue from operations, respectively. It has two certified production facilities in India strategically located at Kurkumbh (Maharashtra), in close proximity to the JNPT port from where it exports majority of its products.

Business area of the company

The company is among the leading companies in India to have commercialized use of environment-friendly processes to manufacture certain specialty chemicals, at global capacities.

Company	Market Price	MCAP(Cr)	P/B	P/E	EPS	ROE
CLEAN	1359.5(-0.6%)	14,533	15.2	51.0	46.6	34.9
GODREJIND	409(1.4%)	13,568	7.8	62.5	8.3	9.6
FINEORG	4068(-1.5%)	12,666	9.2	22.5	38.8	30.7
ALKYLAMINE	2317.2(-1.0%)	11,936	10.7	52.7	43.2	43.2
VINATIORGA	1733.4(0.6%)	17,730	8.4	40.0	26.6	20.6
AETHER	875.65(1.5%)	10,742	8.7	90.4	NA	NA
AARTIIND	524.45(-0.2%)	19,039	4.0	29.9	22.1	27.8
ATUL	7005.65(0.1%)	20,632	4.5	33.7	28.2	22.7
NAVINFLUOR	4257.6(1.1%)	20,887	10.1	68.8	13.9	3.1
ANURAS	768.8(2.7%)	8,030	3.4	49.5	11.2	9.2
SPLPETRO	364.25(2.9%)	6,666	3.9	11.8	29.8	28.1
LXCHEM	251.6(1.6%)	6,566	4.7	45.2	25.8	22.3
BALAMINES	2002.4(0.9%)	6,433	4.7	23.7	50.2	39.0
JUBLINGREA	403.95(1.9%)	6,319	2.9	21.9	28.8	21.9
CHEMPLASTS	361(0.6%)	5,676	2.0	19.9	183.4	0.0

Peer Comparison