Aksharchem is among the key producers of H-Acid and Vinyl Sulphone, both of which are currently benefiting from a strong industry super cycle. In addition, its other major product, Precipitated Silica, has witnessed a year‑on‑year price increase of approximately 25%. The robust Q1 profit performance, supported by ongoing developments in China, appears sustainable for the remainder of the year. The company’s overall market capitalization stands only at ₹280 crore, while the book value post‑Q1 results is approximately ₹345 — nearly aligned with the current market price of the shares.
Discl: Invested