What we do Choksi Asia Ltd manufactures and sells photosensitized materials like X-Ray films used by hospitals and industrial radiographers, alongside radiography equipment and related accessories. |
Founded in 1,992 |
Market share Established player with significant manufacturing capacity and expanded product portfolio in India's imaging and radiography sector. |
Problem solved Provides reliable, high-quality imaging materials and equipment essential for medical diagnostics and industrial radiography. |
Top clients or who we serve Hospitals, clinics, radiologists, industrial radiographers, B2B customers in medical and industrial sectors. |
Key management Mr. Samir Choksi (Managing Director), Mr. Jay Choksi (Whole-time Director and CFO). |
Our journey and innovations Founded in 1992, expanded X-ray film capacity in 1996, diversified to color photographic paper and contrast media, and merged with Choksi Asia Private Ltd in 2024-25. |
Where we operate Primarily India with export activities involving foreign exchange transactions. |
Top products or what we offer X-Ray films, photographic color paper, contrast media, radiation shielding materials, X-ray generators, radiography cameras, and related accessories. |
Top brands - |
Raw materials needed Photosensitive chemicals and materials for film manufacturing, radiation shielding ingredients, electronic components for radiography devices. |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue is largely recurring from ongoing sales of imaging materials and equipment. |
Our industry position Key mid-sized player with growing market share post amalgamation and product line expansion. |
Financial highlights FY 2024-25 revenue Rs. 3698 lakhs, Net Profit Rs. 310 lakhs, showing strong growth and profitability improvement. |
Geographical revenue split - |
Order book - |
Whats driving growth Diversified product range, increased manufacturing capacity, strategic amalgamation, and steady demand in medical and industrial radiography. |
Our future plans Leveraging amalgamation synergies, expanding product portfolio, enhancing manufacturing capacity, and exploring alternate energy use. |
Our green promise - |
Our people and values Small, specialized workforce with emphasis on ethics, inclusion, and a customer-centric culture. |
Key challenges ahead Technology obsolescence, foreign exchange fluctuations, and compliance with evolving legal regulations. |
Interesting facts Company heritage dates back to 1924 with family trading in photographic materials; recent complete brand and operational overhaul due to amalgamation. |
Risks and strategy Mitigating currency risks through provisions; continuous technology assessment to avoid obsolescence; strict legal compliance. |
