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Top Speciality Chemical Companies in India

Here you can find the List of Top Speciality Chemical Companies in India

Indian speciality chemical industry is currently valued at $32 billion and is expected to reach $65 billion by FY25. This segment constitutes about 18% of the total chemical industry in India.

The industry’s growth is mainly driven by consumption growth and export opportunity. Indian speciality chemicals industry has grown with a CAGR of around 11% from 2014-2019 and is expected to grow with a 12% CAGR in the next 5 years.

List of Top Speciality Chemical companies in India

So here is the List of Top Speciality Chemical companies in India which are sorted out based on the sales/Revenue.

1. Aarti Industries Limited (AIL)

Aarti Industries Limited (AIL) is a leading Indian manufacturer of speciality chemicals and pharmaceuticals with a global footprint. Aarti Industries is the largest speciality chemical company in India by Revenue.

The company combine process chemistry competence (recipe focus) with a scale-up engineering competence (asset utilisation) for creating a sustainable future.

  • Revenue: ₹ 4,886 Cr
  • Market Cap: ₹ 34,498 Cr.
  • Dividend Yield: 0.08 %
  • ROCE: 13.6 %
  • ROE: 16.2 %
  • Face Value: ₹ 5.00
  • Promoter holding: 44.9 %
  • Debt to equity: 0.71
  • Price to book value: 9.85

Over the last decade, AIL has transformed from an Indian company servicing global markets to a global entity with state-of-the-art manufacturing facilities in India.

The company manufacture chemicals used in the downstream manufacturing of pharmaceuticals, agrochemicals, polymers, additives, surfactants, pigments and dyes.

2. Atul Ltd

Atul is an improvement driven, integrated chemical company serving about 4,000 customers belonging to 30 industries across the world. The Company has established subsidiary companies in the USA (1994), the UK (1996), China (2004), Brazil (2012) and the UAE (2015) to serve its customers and thus enhance breadth and depth of its business.

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With depth in science and technology, Atul manages almost all unit processes and unit operations to manufacture about 1,350 products and formulations and has state-of-the-art facilities and processes to ensure safety and treatment of gaseous, liquid and solid pollutants. The Company is ISO 14001 certified.

  • Sales: ₹ 4,151 Cr
  • Market Cap: ₹ 26,521 Cr.
  • Dividend Yield: 0.22 %
  • ROCE: 24.0 %
  • ROE: 18.3 %
  • Face Value: ₹ 10.0
  • Promoter holding: 44.9 %
  • Debt to equity:0.03
  • Price to book value: 6.93

Atul established successful joint venture companies with world-renowned multi-national companies namely American Cyanamid Company (now a part of BASF AG and Pfizer Inc) in 1947, Imperial Chemical Industries plc (now a part of Akzo Nobel and Astra Zeneca plc) in 1955 and Ciba-Geigy Ltd (now a part of BASF AG and Huntsman Corporation) in 1960.

Atul was founded on September 05, 1947 – a month after Indian independence – by Kasturbhai Lalbhai, an institution builder par excellence and a legendary Indian of his times. The Company was a manifestation of his dream to generate large-scale employment, create wealth in rural India and make the country self-sufficient in its requirements of chemicals.

3. Alkyl Amines Chemicals Ltd (AACL)

Alkyl Amines Chemicals Ltd (AACL) is a public Limited Listed Company promoted in 1979. The Company is in the business of manufacturing and marketing various aliphatic amines, amine derivatives and other speciality chemicals for the last 30 years.

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It has three manufacturing sites with 12 production plants and related utilities at Patalganga and Kurkumbh in Maharashtra and Dahej in Gujarat. The company has an R&D centre at Hadapsar, Pune. Over the last decade, the company had added various new product processes which were developed in the R&D to expand its product range through inhouse technology.

  • Sales: ₹ 1,389 Cr.
  • Market Cap: ₹ 21,809 Cr.
  • Dividend Yield: 0.23 %
  • ROCE: 55.8 %
  • ROE: 44.6 %
  • Face Value: ₹ 2.00
  • Promoter holding: 74.1 %
  • Debt to equity: 0.06
  • Price to book value: 27.5

The first plant was commissioned in 1982 at Patalganga to make ethylamines with technology from Leonard Process Company, USA. Subsequently, the capacity at the site was expanded to manufacture other amines with technical know-how of Acid Amines Technologies ,USA, and now hosts 2 multipurpose amines plants with a capacity exceeding 25000 MT/annum.

In 1995 it started on its Kurkumbh complex where various amines and amine derivatives are currently being manufactured in 9 production plants with a capacity exceeding 70000 MT/annum.

In 2018 it started on its Dahej site where amines are currently being manufactured in 1 production plant with a capacity exceeding 35000 MT/annum. In the last two decades, the company has added various facilities to manufacture a wide range of speciality chemicals with its inhouse developed technologies.

AACL is a global supplier of amines and amine-based chemicals to the pharmaceutical, agrochemical, rubber chemical and water treatment industries, among others.

4. Navin Fluorine International Limited

Navin Fluorine International Limited built through decades of experience in fluorine chemistry, coupled with state of art manufacturing infrastructure enables us to produce a wide range of value added Specialty fluoro intermediates in large quantities in a safe and responsible manner.

  • Sales: ₹ 1,291 Cr
  • Market Cap₹ 18,463 Cr.
  • Dividend Yield: 0.30 %
  • ROCE: 22.4 %
  • ROE: 16.1 %
  • Face Value: ₹ 2.00
  • Promoter holding: 30.2 %
  • Debt to equity: 0.00
  • Price to book value: 11.3
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NFIL has dedicated multipurpose plants (MPP) to process multi step products and intermediates which are high in the value chain. It has capabilities to handle complex chemistries and deliver high quality products in all forms. NFIL is one of the leading high quality producers of Boron trifluoride gas and it’s adducts.

NFIL has built excellent relationships with Indian and Global life science and agro chemical companies.

5. Vinati Organics Ltd

Since inception in 1989, the company has evolved from being a single product manufacturer to an integrated business, offering a wide range of products to some of the largest industrial and chemical companies across US, Europe and Asia.

  • Sales: ₹ 1,109 Cr.
  • Market Cap: ₹ 19,500 Cr.
  • Dividend Yield: 0.32 %
  • ROCE: 23.8 %
  • ROE: 19.1 %
  • Face Value: ₹ 1.00
  • Promoter holding: 74.1 %
  • Debt to equity: 0.00
  • Price to book value: 12.6

Vinati Organics Ltd is World’s largest manufacturer of IBB and ATBS, Vinati Organics Limited (VOL) blends innovation with chemistry to deliver value-added products to its varied clientele.

The specialty company is a leading manufacturer of specialty chemical and organic intermediaries with a sustained market presence spanning over 35 countries in the world.

Raveendran R
Raveendran R
Editor @ Indiancompaies.in



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