What we do Beezaasan Explotech Ltd manufactures and supplies industrial explosives including slurry explosives, emulsion explosives, and detonating fuse for mining, cement, defense, and infrastructure sectors. |
Founded in 2,013 |
Market share Prominent player in India’s explosives market serving key states and PSUs with growing pan-India and export presence. |
Problem solved Provides safe, reliable, and high-performance explosive solutions to meet stringent industrial needs in mining, construction, and defense. |
Top clients or who we serve Serves cement, mining, defense industries, Border Roads Organization, public sector undertakings, and retail dealers across India and abroad (B2B/B2C). |
Key management - |
Our journey and innovations Started in 2013, expanded capacity and product range, launched IPO in 2025, and invested in state-of-the-art manufacturing and R&D for enhanced explosives technology. |
Where we operate Manufacturing units in Gujarat with a client footprint spanning 11 Indian states, 2 union territories, and exports to 3+ countries including Indonesia. |
Top products or what we offer Offers slurry explosives, emulsion explosives, detonating fuse, and cast boosters with products like Dynaex Prime, Dynaex Power, and Detonex Series. |
Top brands Dynaex Prime, Dynaex Power, Dynaex Boost, Detonating Fuse, Cast Boosters—recognized for quality and reliable performance in multiple sectors. |
Raw materials needed Nitrates, fuels, emulsifiers, and other chemicals primarily sourced locally within 100-200 km radius. |
Raw materials supplier Sourced from local suppliers near manufacturing facilities ensuring supply chain efficiency. |
Recurring vs cyclical contribution Revenue is largely recurring from established industrial clients with steady growth reflecting cyclical industry trends. |
Our industry position Well-positioned market player with expanding capacity and strategic location advantage in India’s growing explosives industry. |
Financial highlights FY2025 revenue ₹216.4 Cr; net profit ₹13.12 Cr; EBITDA doubled YoY; strong balance sheet with improved net worth and liquidity. |
Geographical revenue split Major revenue from Gujarat (47%), Rajasthan (16%), Maharashtra (11%), Madhya Pradesh (9%), and other states; also exports. |
Order book Order book stood at ₹84.48 Cr from PSU clients, limited companies, exports, and dealer networks. |
Whats driving growth Growing coal mining, infrastructure projects, government contracts, capacity expansions, R&D innovation, and entry into export markets. |
Our future plans Investing ~₹30 Cr to expand detonating fuse and emulsion explosives capacity; diversifying into detonators and hydropower infrastructure supply. |
Our green promise Focus on eco-friendly materials, emission reductions, renewable energy use, sustainable R&D, and rigorous environmental safety standards. |
Our people and values 500+ employees; emphasis on safety, compliance, ethics, and employee growth; maintaining transparent governance and performance evaluation. |
Key challenges ahead Capacity constraints before expansions, regulatory compliances, raw material cost volatility, and maintaining safety and environmental standards. |
Interesting facts Only large manufacturing explosives company in its region with advanced automation; recently listed IPO raised ₹60 Cr. |
Risks and strategy Mitigates risks via internal controls, compliance, vigilant audit committees, and strategic capacity expansion to meet market demand. |
