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On Radar AIMCO PESTICIDES (524288) Cmp 109 It is DEBT FRE | Kk

On Radar

AIMCO PESTICIDES (524288)

Cmp 109

It is DEBT FREE pesticide company trading at very attractive valuations

It has almost negative working capital, healthy cash conversion cycle, ROE/ROCE way above 20 from last few years

It is a innovative company, makes high-margin products and caters to a niche export market

The promoter has put in capital for expansion via preferential issue at Rs 168 per share, which further adds confidence

The company is at an inflection point with rich tailwinds