🧠At a Glance
CDG Petchem sounds like a petrochemical company. It’s not. It’s a microcap trader of literallyanything that’s plastic, chemical, or soft enough to nap on. With just ₹5 Cr in revenue, ₹16 Cr market cap, and-331% ROE, this one’s less “emerging market” and more “vanishing act.”
🚨 1. The Red Flags are Practically Neon
| Metric | Status |
|---|---|
| Revenue FY25 | â‚ą23.1 Cr |
| Net Profit FY25 | â‚ą-1.16 Cr |
| Book Value/Share | ₹-0.71 📉 |
| ROE (3-Year Avg) | -57% 🚨 |
| Promoter Holding | 20.7% đź”» (down 41%) |
| Operating Margin | -1.86% |
| Debt | â‚ą5.76 Cr |
đź’Ł The company literally hasnegative net worth. Book value isnegative. Let that sink in.
🧾 2. Product Chaos, Strategic Confusion
Their
website and filings claim involvement in:
- 🛏️ Mattresses & Pillows
- 🛠️ Construction Chemicals
- 📦 Packaging Films
- 🧪 Pharma Chemicals
- 🧬 Surfactants
- 🌫️ Fumed Silica
- 🔌 Insulation Sheets
- 🤷 “Technical Fabrics” – whatever that means
This is not adiversified business. This is abazaar.
🪫 3. Financial Performance: Shrinking Like Plastic in Fire
| Year | Revenue (â‚ą Cr) | Net Profit (â‚ą Cr) | EPS (â‚ą) | ROCE (%) |
|---|---|---|---|---|
| FY21 | â‚ą39.4 | â‚ą-0.15 | -0.49 | 7.8 |
| FY22 | â‚ą53.4 | â‚ą-2.32 | -7.54 | -2.7 |
| FY23 | â‚ą50.8 | â‚ą-0.38 | -1.3 | 5.6 |
| FY24 | â‚ą40.5 | â‚ą-0.56 | -2.4 | 4.8 |
| FY25 | â‚ą23.1 | â‚ą-1.16 | -3.61 | -4.3 |
📉5-year revenue CAGR = -24%
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