Sree Rayalaseema Alkalies is a smaller chemicals company player with no broker coverage, that has nonetheless delivered interesting numbers in the past several quarters. Investors have started to notice - the company's share price jumped to multibagger level returns of 129% over the past one year, and it has corrected relatively little as markets turned bearish the past month.
The company is a manufacturer and seller in the industrial and commodity chemicals space, a sector that has boomed partly due to demand for Indian producers rising following a crackdown in China on polluting industries. The balance sheet of the firm looks at a glance, clean - operating margins have been up in FY18, net profit and revenues have seen strong growth over the past year. EBITDA has seen a YoY growth of 50%+ in the past two quarters.
The company's durability and valuation scores are strong, while momentum is currently mid-range.