| Chemicals | Specialty chemicals for agrochemical, pharma, polymer, mining and water treatment industries. | Decades of phosphorus chemistry expertise, backward integration, strong R&D, robust manufacturing infrastructure. | B2B clients in agrochemicals, pharmaceuticals, polymer, mining, and water treatment sectors. | Pharmaceutical intermediates and specialty polymer additives have higher margins. | 969 | 99 | Sales revenue from specialty chemical products and intermediates under long-term contracts and spot orders. | Direct sales with contract pricing and spot market sales; focus on value-added formulations. | Rising demand in specialty chemicals, new product launches, capacity expansions, and export growth. | DETC, Phosphonates, Biocides, Polymer Additives, Pharmaceutical Intermediates |
| Environment and Bio Tech | Organic waste management, municipal solid waste processing, plastic and construction & demolition waste recycling. | Early mover advantage in India’s waste management sector, regulatory compliances, and proprietary biotechnologies. | Municipal bodies, industrial clients, environmental agencies; B2B and B2G focus. | Recycled aggregates and eco-friendly bioremediation products. | 9 | 1 | Service contracts, waste processing fees, product sales from recycled materials and byproducts. | Contractual fees and product sales; recurring service agreements. | Increasing environmental regulations, urban waste management needs, sustainability focus. | Celrich, Bioculum, Sanitreaat |
