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In this video, I have talked about a micro cap stock in the pharma business that was traditionally into a very commodity segment. They are currently undertaking a massive capex which will enable them to do import substitution and can make them a domestic monopoly. I have discussed the business, its products, competitors, financials, future outlook, risks and valuations. Watch the complete video for full understanding ! Check more details on : https://www.valueeducator.com/ Disclosure SNM Value Educator Research Services LLP is registered with SEBI under SEBI (Research Analyst) Regulations, 2014 with registration no. INH000019789. Standard Warning Investment in securities market are subject to market risks. Read all the related documents carefully before investing. Disclaimer Registration granted by SEBI, enlistment with RAASB and certification from NISM in no way guarantee performance of the Research Analyst or provide any assurance of returns to investors. Follow me on : Twitter : / valueeducator Instagram : / valueeducator Facebook : / valueeducator Email: value.educator@gmail.com #multibaggerstock #microcapstocks #valueeducator Timecodes 00:00 Introduction 01:22 Company Overview 03:05 Revenue Split 04:28 History of Natural Capsules 06:43 Technology Upgrade 11:57 Capex for Capsules 13:09 Competitors 15:04 Raw Materials 17:52 Marquee Customers 19:18 Commodity Nature of Business 22:58 Entry into API 24:32 Import Substitution 25:50 Fermentation 27:27 Capex for API 31:20 Future Outlook 34:43 Financials 39:43 Risks 45:13 Valuations 47:11 Conclusion