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Yasho Industries Limited, located in Vapi, Gujrat, has been manufacturing diversified performance chemicals for industries such as Rubber & Latex, Food & Flavors, Perfumery, Lubricants, and other Specialty applications since 1993.
Having their strengths in organic process technology enables them to develop sustainable manufacturing processes to deliver quality products for their customers. The manufacturing facilities are located 200 km from the port which allows them to serve global customers as well.
Over 53% of the company's revenue comes from export. The company's products are exported to countries like the USA, South America, Europe, Iran, Australia, South Africa, Singapore, Germany, and Asia. etc.
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The Company went public in the year 2018, the open date for the IPO being March 19, 2018. The issue lot size was 1,200 shares with the issue price set at Rs. 100 per share. The shares of the company got listed on April 2, 2018, at Rs. 101.25.
Since the listing date, the shares of the company traded at very low volumes and touched a high of Rs.164.75 in July 2019. It was only after the pandemic which shook the Indian as well as the global markets, that the stock showed good movements.
The share price of the company surged from Rs.95 in June 2020 to Rs.2,099 in February 2022, giving a return of 2109% in the span of just 32 months.
Meanwhile, the fundamentals of the company also started to show a positive indication about its performance post covid. The revenues almost doubled from Rs. 97.5 crores in the December 2020 quarter to Rs. 187.5 crores in the recent quarter ending June 2022. Besides, the company’s operating margin stood around 16%-17% for the whole time showing consistency in its performance.
Had an investor got the IPO and invested Rs. 1,20,000 and held the stock till date, the investment value would be 18,00,000 approximately.
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