Rossari Biotech Ltd.

NSE: ROSSARI | BSE: 543213 | ISIN: INE02A801020 | Industry: Specialty Chemicals
| Mid-range Performer
650.6500 -3.75 (-0.57%)
NSE Sep 24, 2025 14:25 PM
Volume: 22,459
 

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Rossari Biotech Ltd.
24 Oct 2023, 12:00AM
650.65
-0.57%
ICICI Securities Limited
Rossari Biotech’s (Rossari) Q2FY24 HPPC revenue (+21% YoY) was led by a volume push which has hurt prices and margins. Despite rise in utilisation from 50-55% to >75%, EBITDA margin dipped 100bp QoQ to 13.1%. It has chosen to play volume game for FY24 to drive utilisation, and expects to improve margins as plant utilisations stabilise at higher levels, which in our view can cap return ratio in near term.
Rossari Biotech Ltd. has lost -30.51% in the last 1 Year
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