A leading global manufacturer and exporter of speciality chemicals has set its sights on expanding its international footprint through a groundbreaking decade-long partnership. The new supply agreement with a major US multinational corporation, valued at $195 million, aims to deliver high-performance chemical products.
Share Price Movement
The share price of Anupam Rasayan India Limited went up 9.8 percent to Rs. 734 per share on Friday, an increase from its previous close of Rs. 668.40 per share. The market capitalisation now stands at approximately Rs. 7,674.31 crore as of February 14, 2025.
Order Update
The company has signed a Letter of Intent (LOI) with a US multinational corporation (MNC) to supply high-performance speciality chemical products for critical polymer applications. The agreement spans 10 years, with cumulative sales projected at $195 million (Rs. 1,697 crores).
Q3 Financial Highlights
In Q3FY25, revenue stood at Rs. 390 crore, marking a 32 percent YoY increase from Rs. 296 crore in Q3FY24 and a 33 percent QoQ growth from Rs. 294 crore in Q2FY25. Profit for the quarter reached Rs. 54 crore, up 108 percent YoY from Rs. 26 crore in Q3FY24 and 74 percent QoQ from Rs. 31 crore in Q2FY25.
Competitors
Anupam Rasayan operates in the competitive chemical manufacturing industry alongside companies like Laxmi Organic, Jubilant Ingrevia, Gujarat Fluoro, Epigral, Clean Science, and others.
Anupam Rasayan India is currently trading at a P/E of 53.43, which is above the industry P/E of 29.8.
Market Outlook
India’s chemical industry is set for strong growth, driven by rising demand from key sectors like food processing and personal care. Exports reached $14.09 billion in April-September 2024, and the industry is expected to triple to $1 trillion by 2040. Expanding capacities and global supply chain shifts present significant opportunities. Government policies, including PLI schemes and major investments, further boost growth. With increasing FDI and large-scale projects, India’s chemical sector remains a key driver of economic expansion and job creation.
Written By Fazal Ul Vahab C H
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