What we do Divyadhan Recycling Industries Ltd manufactures recycled polyester staple fibre and pellets for packaging, home furnishing, and textiles sectors promoting sustainability. |
Founded in 2,010 |
Market share Emerging player with a manufacturing capacity of 8030 metric tons per annum focused on recycled polyester products. |
Problem solved Addresses waste reduction by recycling polyester materials, reducing environmental impact, and supporting circular economy initiatives. |
Top clients or who we serve Supplies premium recycled polyester products to packaging, home furnishing, and textile industries; B2B focus. |
Key management Varun Gupta (Managing Director), Pratik Pramod Gupta (Executive Director & CFO) with textiles industry experience. |
Our journey and innovations Started operations in 2018-19; expanded to recycled pellets manufacturing in 2023; IPO and NSE-SME listing in 2024. |
Where we operate Operates manufacturing facility in Baddi, Himachal Pradesh, India; caters primarily to domestic Indian markets. |
Top products or what we offer Recycled Polyester Staple Fibre (hollow and solid) and Recycled Pellets for premium textiles and packaging. |
Top brands Recycled Polyester Staple Fibre (R-PSF), Recycled Pellets - key products driving growth. |
Raw materials needed Waste polyester materials sourced for recycling into staple fibre and pellets. |
Raw materials supplier Sources polyester waste from various collection and waste management channels. |
Recurring vs cyclical contribution Revenue largely recurring from steady industrial demand for recycled polyester products. |
Our industry position Growing niche producer in recycled polyester with expanding capacity and market presence. |
Financial highlights FY 2024-25 revenue Rs 59.48 crore; profit after tax Rs 1.54 crore; IPO raised Rs 24.17 crore in 2024. |
Geographical revenue split Primarily domestic Indian revenue; no foreign exchange earnings reported. |
Order book - |
Whats driving growth Rising global focus on sustainability and circular economy, expanded product lines, and IPO funding. |
Our future plans Increase production capacity, diversify recycled product offerings, and enhance operational efficiencies. |
Our green promise Committed to energy conservation, waste reduction, and adopting advanced recycling technologies. |
Our people and values Employee base of 88 with focus on inclusivity, ethical standards, and sustainability culture. |
Key challenges ahead Scaling operations efficiently and competing in evolving recycled polyester markets. |
Interesting facts Successfully transitioned from private to public company with NSE-SME listing in 2024. |
Risks and strategy Mitigates supply chain and regulatory risks through technology adoption and compliance. |
