Synopsis:
Manali Petrochemicals received BIS Certification Mark Licences for its polyether and polyester polyols, reinforcing its commitment to quality, safety, GMP compliance, customer trust, and support for the “Make in India” initiative.
During Tuesday’s trading session, shares of India’s leading fully integrated polyol petrochemical company surged nearly 3.3 percent on BSE, after the company announced securing Certification Marks Licences from the Bureau of Indian Standards (BIS).
At 12:04 p.m., the shares of Manali Petrochemicals Limited were trading in the red at Rs. 69.24 on BSE, down by around 1 percent, as against its previous closing price of Rs. 69.78, with a market cap of Rs. 1,191 crores. So far in 2025, the stock has delivered negative returns of about 20 percent, but has gained by over 7 percent in the last one month.
What’s the News
According to the latest exchange filings, Manali Petrochemicals Limited has been granted Certification Marks Licences by the Bureau of Indian Standards (BIS) for its polyether polyols and polyester polyols, valid for a period of one year.
This recognition marks a significant milestone for the company, reaffirming its commitment to maintaining the highest standards of quality, safety, and regulatory compliance across its products and processes.
It reflects Manali Petrochemicals’ continued adherence to Good Manufacturing Practices (GMP) and reinforces the trust that customers place in the company. Furthermore, this achievement strengthens its support for the “Make in India” initiative and its contribution to promoting domestic manufacturing excellence.
Financials & more
Manali Petrochemicals reported a marginal decline in its revenue from operations, showing a year-on-year decrease of around 2 percent from Rs. 240 crores in Q1 FY25 to Rs. 235 crores in Q1 FY26. In contrast, its net profit increased during the same period from Rs. 13 crores to Rs. 14 crores, representing a rise of around 8 percent YoY.
Manali Petrochemicals Limited is engaged in the business of manufacturing and sale of Propylene Oxide (PO), Propylene Glycol (PG), and Polyols (PY), which are used as industrial raw materials.
Written by Shivani Singh
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