Kilburn Chemicals is a known producer and exporter of Titanium Dioxide and Ferrous Sulphate Hepthahydrate . Its plant is located at Tuticorin and registered office is in Chennai..Titanium dioxide is widely used in the production process of Paint, Rubber, Paper, Detergents, Cosmetics, Printing Inks, Textiles, Plastics .etc. Ferrous Sulphate Hepthahydrate is mainly used in Cement industry and for manufacturing water treatment chemicals. Sulphuric acid is one of the raw material for the production of Titanium Dioxide. Low availability and higher prices of Sulphuric acid causes for erosion of margins for the company in the past. But now,new capacities are added in various parts of the country for producing Sulphuric acid and its price and supply stabilized .Company’s user industries are also showing good growth .This situation is expected to help the company to report better numbers going forward. For the half year ended Sep , Kilburn Chemicals posted a turnover of Rs.55 Cr and a net profit of Rs.5.6 Cr . Medium to long term investors can consider it at CMP of Rs.59/-
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