What we do Amtech Esters Ltd manufactures unsaturated polyester and epoxy resins, serving industries like automotive, decorative items, and chemicals from its Haryana facility. |
Founded in 2,002 |
Market share Strong presence in resin manufacturing with diversified industry applications. |
Problem solved Offers essential resin products used in paints, varnishes, adhesives, and industrial composites, enabling multiple manufacturing sectors. |
Top clients or who we serve B2B serving automotive, decorative manufacturing, chemical industries, and fiberglass producers. |
Key management - |
Our journey and innovations Founded by S. Avtar Singh Bawa and Ajit Singh Bawa in 2002; converted to public limited in 2023; acquired Croda Pigments Pvt Ltd in 2023. |
Where we operate Manufacturing and operations in Haryana, India; expanding footprint through subsidiary acquisition. |
Top products or what we offer Unsaturated polyester resins, epoxy resins, industrial inputs for paints, varnishes, adhesives, and fiberglass materials. |
Top brands - |
Raw materials needed Organic and synthetic polymers, chemicals for resin production. |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue mainly from cyclical industrial manufacturing sectors with steady demand patterns. |
Our industry position Recognized player in resin manufacturing with installed capacity of 2960 MTPA. |
Financial highlights Revenue Rs 40.67 Cr, Net Profit Rs 4.22 Cr as of FY 2025. |
Geographical revenue split - |
Order book - |
Whats driving growth Growing demand in automotive composites, decorative industries, and acquisition expansion. |
Our future plans Public issue to raise Rs 11.88 Cr for growth, including fresh issue and offer for sale. |
Our green promise - |
Our people and values - |
Key challenges ahead Market volatility in raw material prices and cyclicality in downstream industries. |
Interesting facts Converted from private to public limited in 2023; expanded via acquisition of Croda Pigments Pvt Ltd. |
Risks and strategy Managing supply chain risks via acquisition and capacity utilization improvements. |