Vinati Organics Ltd (VOL) enjoys global leadership in two specialty chemicals, with market share of 70% in IBB (isobutyl benzene) and 80% in ATBS (2-Acrylamindo 2-Methylpropane Sulfonic Acid). Q1FY22 revenue grew by 67% YoY led by higher contribution from ATBS business and overall healthy volumes in other segments. EBIDTA margins fell by 1570bps YoY to 26.3% due to higher raw material and logistic costs. PAT grew by 12% YoY. Strong ATBS demand, healthy volume in other products and...