Privi Speciality Chemicals Ltd
Privi Speciality Chemicals Ltd (PRIVISCL)

Privi Speciality Chemicals Ltd (PRIVISCL)


Key Stats

Day's Price Range
52-Week Price Range
1 Month Return-8.53 %
3 Month Return-48.94 %
1 Year Return-20.36 %

Company Financials

  • Quarterly
  • Annual
Value in ₹ crore

Peer Comparsion

Rank 72
Rank 31
Rank 24
Dividend Yield
Rank 62
Rank 61
Price To Book Ratio
Rank 65
Debt To Asset
Rank 34

Company Information

H K Finechem Ltd. was incorporated as H K Agro Oil in May 85 H K Agrochem is engaged in the manufacture of high grades of rice bran oil fatty acids and monoglycerides. It acquired its present name in Jun.94. The company was promoted by Rajan Harivallabhdas and Nahoosh J Jariwala.The company came out with a public issue in Feb.95 to set up facilities at Sanand near Ahmedabad to manufacture 3248 tpa of distilled fatty acids like oleic acid linoleic acid and palmitic acid 2894 tpa of rice bran oil grade1 and 625 tpa of monoglycerides. Company has made private placement in 199697 having paid up equity from 7.00 Crores to 8.50 CroresThe company has a technical collaboration with UIC US. Equipment were procured from Sulzer Switzerland Feld Hahn Germany and UIC US. During the year 199697 the second phase of Short Path Distillation Plant commenced its commercial production in the month of Nov96. Company has export his main product viz.Deodorizer Distillate Mixed Tocopherols to Henkel Corporation who has buy entire production of this product. Company has placed the orders for putting up continuous fat splitting plant which helps the company to upgrading the second stream of by product vizResidual Oil by converting into split Fatty Acid which can be upgraded by further processing in Fractionation plant increased value of domestic sales. During 19992000 the company has successfully commissioned Fat Splitting Plant to increase the availiability of high value fatty acids for sale in domestic market.The Dimer Acid Project which was started earlier was implemented during 200102 and the main highlight of the project was developed inhouseby the company. This acid has been fully imported and it is of the first in India.The total cost was Rs. 3.00 Crores and this project was financed by Term Loan of Rs.2.25 crores and balance through internal accruals.
OrganisationPrivi Speciality Chemicals Ltd
HeadquartersNavi Mumbai