Daikaffil Chemicals India Ltd. Stock Analysis 530825.BO

Daikaffil Chemicals India Ltd. engages in the manufacturing and trading of organic chemicals and its intermediaries. The firm is engaged in the manufacturing of organic chemicals and intermediaries and trading of chemicals. Its clientele caters to industries, such as Clariant, KIWA, ERCA spa, DAIKA (Japan), and others. The main products are various types of stilbene derivatives, optical brighteners for textiles/paper/detergent industries, naphthol grounders for pigments and intermediates for pigment red 170. The firm is a producer of optical brightening agents (OBAs), used in cellulosic fibers, pulp and paper, detergent and soap. The firm offers a range of OBAs, which consist of FB 24, 71, 86, 90, 113, 134, 220 and 357. The firm has set up a modern plant at Tarapur near Mumbai with Japanese Collaboration. The firm exports to the United States, Europe, and Southeast Asian countries. The installed capacity of various OBAs is around 2000 megatons (MT) per annum, including Carboxylic acid and Carbon Amides.