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Incorporated in the year 1989, with an intent to manufacture chlorinated paraffin and hydrochloric acid in our manufacturing unit situated at Hyderabad. In the year 1990, the company diversified its product portfolio to manufacture microcrystalline cellulose (“MCC”). The company commenced its export operations in the year 1996 by exporting its first order of MCC to Bangkok. In the year 2000, to diversify the business activities, our Company started manufacturing premium grade microcrystalline cellulose by successfully commissioning a spray drier and a multi-fuel furnace, which in turn also increased the manufacturing capacity from 720 metric tonnes per annum to 1080 metric tonnes per annum.
The company manufactures 50 different grades of MCC at their manufacturing units, situated in Hyderabad and Gujarat with an aggregate installed capacity of 11,880 MTPY. With over 30 years of continuous growth, three multi-locational manufacturing facilities, and a consistent focus on delivering a superior quality product. The Company is one of the leading manufacturers of cellulose-based excipients in India, in terms of volume.
S.No. | 1 - Company | 2 - Directors | 3 - Promoters | |||
Entity Name | By the Company | Against the Company | By the Director | Against the Director | By the Promoter | Against the Promoter |
Criminal cases | - | - | - | - | - | - |
Material civil cases | - | - | - | - | - | - |
Taxation matters | - | 1 | - | - | - | - |
Regulatory Proceedings | - | - | - | - | - | - |
Income Statement | FY21 | FY20 | FY19 |
Gross Operating Income | 19,601.05 | 14,394.90 | 13,287.77 |
Cost of Employee & Inventory | 1,737.52 | 1,491.35 | 1,236.79 |
Other Expenses | 15,752.68 | 11,860.51 | 8,905.91 |
EBITDA | 4,204.44 | 2,964.56 | 2,985.12 |
Depreciation | 231.09 | 195.7 | 167.19 |
Finance Cost | 124.97 | 234.47 | 345.09 |
Profit Before Tax | 3,848.37 | 2,534.39 | 2,472.84 |
Tax | 822.34 | 502.83 | 571.56 |
Profit After Tax | 3,026.03 | 2,031.56 | 1,901.28 |
Rabindra Prasad Sinha,
No listed peer company
Nil
The net proceeds after deducting the listing expenses will be utilized for:- • Expansion of production facilities for microcrystalline cellulose (MCC) at Dahej, Gujarat; • Expansion of production facilities for microcrystalline cellulose (MCC) at Jhagadia, Gujarat; • General Corporate Purposes