Vinati Organics - Newer Businesses To Drive Growth Ahead: ICICI Direct
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ICICI Direct Report
Promoted by first generation entrepreneur Vinod Saraf, Vinati Organics Ltd. is a leading manufacturer of specialty chemical and organic intermediaries with global market leadership in its two key products- in 2- Acrylamido 2 Methylpropane Sulfonic Acid (ATBS) and Isobutyl Benzene (IBB).
Strategic move towards capturing value chain either horizontal or vertical facilitated company to grow considerably over the last few years.
Starting with IBB and subsequent forays into IB, ATBS, Butyl phenols the company is now moving towards Antioxidant.
Going ahead, we expect these products (especially butyl phenols and antioxidant) can generate incremental revenues of Rs ~800 crore in the next three-four years.
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