Anybody tracking semi conductors industry and Chemcon has niche product that has use in semiconductors
Yes, I am tracking Chemcon - is the sole producer of HMDS which s critical in semiconductor manufacturing. It is a hazardous material.
Check latest November 9 earnings transcript.
In answer to Saurav Kataruka’s question it is said that no capability in present is of Semiconductor based HMDS. Beware be safe 
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Hello,
Anybody still tracking this company. I came across it few weeks ago and on the face of it seemed like a good opportunity.
Could someone please throw some light on reasons for lower demand for HMDS and CMIC. Is it that Chinese players are dumping more of these products in India and Chemcon is losing market share, or the demand for the chemicals itself has come down? If its the latter, that could mean that there is less demand for penicillin based drugs and also Tenofovir. Could someone confirm if thats really the case.
Based on the CAPEX done, looks attractive on P/BV value given that the price has fallen. Though the new plants are delayed, but they havent stopped the plan.
Product concentration is a risk, though the latest presentation talks about some new products.
Have not seen any new customer name since last couple of years in the presentations. The company stopped doing concalls, not a good sign.
Would appreciate your inputs/thoughts.
Disc: tracking
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