What we do Chemplast Sanmar Ltd is a leading Indian speciality chemicals manufacturer specializing in speciality paste PVC resin, custom chemicals for pharma and agro sectors, and value-added chemicals like caustic soda and hydrogen peroxide. |
Founded in 1,985 |
Market share Largest manufacturer of Speciality Paste PVC Resin in India with 55% market share; fourth largest in Caustic Soda and largest Hydrogen Peroxide producer in South India. |
Problem solved Provides high-quality speciality chemicals and intermediates to pharmaceutical, agrochemical, and fine chemical industries, reducing import dependence and supporting domestic demand. |
Top clients or who we serve Global innovator companies in pharmaceutical and agrochemical sectors, domestic PVC and chemical industry clients; serves B2B customers primarily. |
Key management Ramkumar Shankar (Managing Director) leads an experienced team; board includes distinguished independent directors with strong domain expertise. |
Our journey and innovations Established in 1985, pioneered speciality Paste PVC in India, expanded PVC capacity, integrated backward to raw materials, and commissioned advanced multi-purpose chemical blocks in 2024-25. |
Where we operate Operations primarily in India with three major production sites in Tamil Nadu and Puducherry; exports chemicals internationally. |
Top products or what we offer Speciality Paste PVC resin, Custom Manufactured Chemicals, Suspension PVC via subsidiary, Caustic Soda, Hydrogen Peroxide, Chloromethanes, Refrigerant Gases. |
Top brands Mettron (Refrigerant Gases), Specialty Paste PVC Resin (market leader), Hydrogen Peroxide (largest in South India). |
Raw materials needed Ethylene, Chlorine, EDC, Salt from own fields, Methanol, Hydrogen, Chloromethanes, Caustic. |
Raw materials supplier Backward integrated sourcing primarily from own captive facilities; imports used selectively especially for EDC and raw chemicals. |
Recurring vs cyclical contribution Revenue primarily recurring through long-term customer contracts; cyclical impacts from global chemical market demand and pricing volatility. |
Our industry position Market leader in speciality paste PVC and hydrogen peroxide in South India; significant player in custom chemicals and caustic soda segments. |
Financial highlights FY 2024-25 consolidated revenue Rs 4,393 Cr; EBITDA Rs 266 Cr; net loss Rs 110 Cr; improving financial performance with recent expansions. |
Geographical revenue split Majority of revenue from domestic operations in India; some exports to Middle East, Africa, and Southeast Asia. |
Order book - |
Whats driving growth Growth driven by capacity expansions, India’s import substitution for PVC, China+1 strategy fueling custom chemicals, and increasing demand in pharma and agro sectors. |
Our future plans Completion of Phase 3 and Phase 4 multipurpose blocks by FY 2026-27; expansion into next-gen refrigerant gases; ongoing capacity debottlenecking. |
Our green promise Strong commitment to sustainability with zero liquid discharge, renewable energy sourcing agreements, high safety standards, and environmental stewardship. |
Our people and values Focus on employee safety, skill development, and diversity with a culture of integrity and ethical conduct. |
Key challenges ahead Pricing pressures from imports and global market volatility, regulatory risks, and competition in value-added chemicals. |
Interesting facts First Indian chemical maker to achieve 100% zero liquid discharge; multiple British Safety Council Sword of Honour awards; large captive salt fields for raw materials. |
Risks and strategy Mitigates raw material supply risks via backward integration; tackles dumping through regulatory engagement; focuses on innovation and sustainable growth. |
