| Bulk Chemicals | Manufacture and sale of bulk sulphur-based chemicals primarily used domestically and captively. | Long operational experience, regulatory approvals, and proximity to raw material sources. | Industrial clients in textiles, fertilizers, steel, and chemicals sectors (B2B). | Captive consumption and specialised oleum grades. | 241 | 56 | Sales revenue from domestic customers mainly through direct sales. | Contract and spot-based sales with some pass-through for raw material costs. | Steady industrial demand and backward integration reducing costs. | Sulphuric Acid, Oleum, Chloro Sulphonic Acid |
| Speciality Chemicals | Advanced speciality chemical products catering to pharmaceuticals, agrochemicals, and dyes with global exports. | Patented processes, strong R&D, backward integration, and certifications like REACH enabling global sales. | Global chemical firms, pharmaceutical companies, agrochemical manufacturers (B2B). | Speciality chemicals with technical barriers and customer approvals. | 190 | 44 | Sales under long-term contracts with volume commitments and pass-through price adjustments. | Long-term contracts with pricing linked to raw material cost changes and exports. | Product innovation, R&D pipeline, and expanding export footprint. | Boron chemicals, Benzene Sulfonyl Chloride, Sodium Vinyl Sulfonate |
