What we do Evexia Lifecare Limited manufactures edible oils, agricultural products, specialty oils, and chemicals for industrial applications including automotive lubricants and petrochemical derivatives. |
Founded in 1,990 |
Market share Operates in specialty oils and edible oil sectors with diversified chemical products; significant player in Gujarat region with growing presence. |
Problem solved Provides quality specialty and edible oil products addressing needs in automotive lubrication, food processing, and industrial chemical applications. |
Top clients or who we serve Serves automotive, rubber, leather, ink, paint industries and agricultural sectors through B2B and B2C models. |
Key management Jayesh Raichandbhai Thakkar, Chairman and Managing Director, notable entrepreneur with strong leadership since 1995. |
Our journey and innovations Founded in 1990, evolved through multiple name changes; expanded from petrochemical downstream to edible oils and agro products with plant expansion and subsidiaries. |
Where we operate Primarily India with subsidiaries extending footprint to Africa and plans for pan-African operations. |
Top products or what we offer Specialty oils (ERL series), edible oils, agricultural products, solvents, petroleum sulphonates, and chemical trading. |
Top brands ERL 15W40, APL 20W40, ECY 4T OIL with applications across automotive and industrial machinery; known for quality and integration. |
Raw materials needed Crude oil, hydrocarbons, agricultural raw materials, specialty chemicals for blend and formulation of oils and solvents. |
Raw materials supplier Suppliers include regional crude oil and agro raw material providers; specific names not disclosed. |
Recurring vs cyclical contribution Mix of recurring income from specialty chemical and oil sales with cyclicality in agricultural product sales. |
Our industry position Niche player in edible and specialty oils with growing market position supported by diversified subsidiaries and product range. |
Financial highlights FY2024 revenue approx. Rs.56 crore; net profit Rs.1.38 crore consolidated; EBITDA growth despite revenue decline indicating margin improvement. |
Geographical revenue split Majority revenue from Indian operations with growing international subsidiary presence; exact split undisclosed. |
Order book - |
Whats driving growth Innovation in specialty oils, strategic equity conversions, subsidiary expansion, and demand from automotive and agro-industries. |
Our future plans Acquisition of Revin Labs Private Ltd; expanding edible oil manufacturing and exploring new industrial chemical ventures. |
Our green promise - |
Our people and values Focus on ethical governance, employee engagement under a code of conduct with zero tolerance for workplace harassment. |
Key challenges ahead Credit risk on receivables, regulatory compliance delays, and managing subsidiary turnaround and financial restructuring. |
Interesting facts Founder’s leadership recognized by Limca Book of Records; continuous evolution since 1990 through multiple business verticals. |
Risks and strategy Mitigating credit risk with vigilant monitoring; financial controls and internal audit strengthen governance; pursuing selective growth investments. |
