September 25, 2024 - September 27, 2024

Unilex Colours and Chemicals IPO Review & Recommendations

Dilip Davda has given "May Apply" recommendation to Unilex Colours and Chemicals IPO.

Unilex Colours and Chemicals IPO Review Summary from brokers and analysts

Review By	Apply	May Apply	Neutral	Avoid	Not Rated
Count	0	1	0	0	0
%	0.00	100.00	0.00	0.00	0.00

Unilex Colours and Chemicals IPO Analysis By Brokers/Analysts

Reviewer	Recommendation	Past Reviews
Dilip Davda	May Apply

Unilex Colours and Chemicals IPO Review by Dilip Davda (May apply)

[Dilip Davda] The company is engaged in the business of manufacturing pigments, and trading in chemicals and food colours. It is operating in a highly competitive and fragmented segment. The company posted inconsistency in its top lines for the reported periods, but reported boosted profits for FY24. Based on FY24 earnings, the issue appears fully priced. Well-informed investors may park moderate funds for medium term. Read detail review...

Unilex Colours and Chemicals IPO Peer Comparison

Unilex Colours and Chemicals Limited peer comparison with similar listed entities. (As on March 31, 2024)

Company Name	EPS (Basic)	EPS (Diluted)	P/E (x)	RoNW (%)
Unilex Colours and Chemicals Limited	6.16	6.16		16.73
Kesar Petroproducts Ltd.	0.51	0.51	36.51	3.99
Sudarshan Chemical Industries Ltd.	48.4	48.4	18.62	30.29

Notes:

Source - Audited Results for the year ended 2024 and stock exchange data dated 28.06.2024. For the Company, we have taken CMP as the Offer price of equity share. Further, P/E Ratio is based on the CMP of the respective scrip's.
The EPS, NAV, RoNW and revenue from operations of the Company are taken as per Restated Financial Statement for the Financial Year 2023-24 as adjusted with the effect of Bonus Issue.
The P/E ratio of the company is based on the audited results for the year that ended 2024 and the stock exchange data dated 28.06.2024. (iv) RoNW has been computed as net profit after tax divided by closing net worth

Unilex Colours and Chemicals IPO Review by Members

Unilex Colours and Chemicals IPO Reviews, analysis and views by popular members. Read Unilex Colours and Chemicals Limited IPO reviews by retail investors to find recommended ipo to buy.

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Unilex Colours and Chemicals IPO Review Summary by Members

Review By	Apply	May Apply	Neutral	Avoid
Count	0	0	0	1
%	0.00	0.00	0.00	100.00

Member	Review
chIPOrgarh (300+ Posts)	Avoid Though company declared dividends in previous 3 FYs. 1 September 21, 2024 9:55:56 PM

Member

Review

chIPOrgarh (300+ Posts)

Avoid

Though company declared dividends in previous 3 FYs.

September 21, 2024 9:55:56 PM

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1 Comments

1. Not Smart Link|September 28, 2024 10:45:47 PM

May be a dark horse