Rossari Biotech Ltd.

NSE: ROSSARI | BSE: 543213 | ISIN: INE02A801020 | Industry: Specialty Chemicals
| Slowing Down Stock
682.3500 3.60 (0.53%)
NSE Jun 27, 2025 15:31 PM
Volume: 30,689
 

682.35
0.53%
ICICI Securities Limited
Rossari Biotech’s (Rossari) Q1FY24 revenue dipped 5.5% YoY to Rs4.1bn due to drop in raw material prices, while volume grew ~20% YoY. Gross profit margin dipped 10bps QoQ despite softening raw material prices as the company focused on growing volumes and driving operating leverage. EBITDA margin has improved 70bps QoQ to 14.1%. Rossari expects revenue growth of 12-14% and EBITDA margin at 14% for FY24 despite a weak Q1FY24.
Rossari Biotech Ltd. is trading above its 100 day SMA of 664.4
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