What we do Ellenbarrie Industrial Gases Ltd manufactures and supplies industrial gases like oxygen, nitrogen, and argon, serving diverse industries including healthcare, steel, and pharmaceuticals. |
Founded in 1,973 |
Market share Market leader in West Bengal, Andhra Pradesh, and Telangana with over 50 years of legacy and extensive distribution network. |
Problem solved Provides critical industrial gases ensuring continuous supply for manufacturing, medical, and steel industries amid growing demand. |
Top clients or who we serve Serves industrial, healthcare, steel, pharmaceutical, and fabrication sectors primarily in India; B2B customer base with long-term contracts. |
Key management Padam Kumar Agarwala (Managing Director), Varun Agarwal (Joint Managing Director) with international education and over 15 years experience. |
Our journey and innovations Started in 1973, first oxygen plant in 1976. Expanded across India with multiple air separation units and engineering services. Fully Indian owned since 2021. |
Where we operate Operating primarily in India with plants in West Bengal, Andhra Pradesh, Telangana, and limited export to Bangladesh. |
Top products or what we offer Industrial gases (oxygen, medical oxygen, nitrogen, argon), project engineering, medical gas pipelines, and turnkey gas solutions. |
Top brands Flagship gases include Oxygen, Nitrogen, Argon with bulk, onsite, and packaged delivery recognized regionally as reliable and diversified. |
Raw materials needed Electricity, air, and specialized equipment for gas separation and compression. |
Raw materials supplier Power sourced via renewable energy agreements; other raw materials are atmospheric gases compressed in-house. |
Recurring vs cyclical contribution Revenue mainly recurring via long-term bulk and onsite supply contracts; project engineering adds cyclical element. |
Our industry position Strong presence in Eastern and Southern India with market leadership in three states and growing footprint. |
Financial highlights FY25 revenue ₹312.5 Cr, net profit ₹83.3 Cr, EBITDA margin around 31%, steady EBITDA growth and healthy cash position. |
Geographical revenue split India contributes 99.8% of revenue; minimal international revenue from Bangladesh projects. |
Order book Secured operation & maintenance contract for 2500 TPD oxygen plant with government-owned steel company continuing growth. |
Whats driving growth Growth driven by industrial expansion, healthcare demand for medical oxygen, strategic capacity additions, and renewable energy integration. |
Our future plans Capex focused on capacity expansion in North and West India, new onsite plants commissioning, and strategic acquisition pipeline. |
Our green promise Investing in renewable power via wind-solar hybrid plants to reduce power costs and carbon footprint. |
Our people and values Experienced leadership fostering a culture of long-term customer relationships and commitment to safety and corporate governance. |
Key challenges ahead Competition from captive plants in steel sector, price fluctuations of specialty gases, and regulatory compliance. |
Interesting facts Operational legacy over 50 years; one of the few fully Indian-owned industrial gas companies with diversified product portfolio. |
Risks and strategy Mitigates risks through diversification of products, long-term contracts, and investments in renewable energy to reduce costs. |
