Hidden Gems - CHAMBAL FERTILISERS

This KK Birla group fertiliser company derives nearly one-sixth of its revenues and 18% of its profits from Shipping and Textiles businesses that together represent nearly half of the total capital employed in the business. Considering an average EV/EBITDA of 8 attributable to a fertiliser company, Chambal Fertiliser's current market capitalisation of Rs 2,551 crore accounts for its PBDIT only from fertiliser business. Thus an investor also gets investment in shipping and textiles businesses.