What we do Gujarat Fluorochemicals Ltd manufactures and trades refrigerant gases, fluoropolymers, specialty chemicals, and battery materials with advanced integrated plants, serving global markets. |
Founded in 2,018 |
Market share Among top five global players in fluoropolymers market; largest R-22 refrigerant producer from India; growing in battery materials globally. |
Problem solved Provides critical chemical inputs for pharmaceuticals, agrochemicals, refrigeration, EV batteries, and clean energy applications addressing supply reliability and quality. |
Top clients or who we serve Serves industrial sectors globally including automotive, pharmaceuticals, electronics, agriculture, and emerging EV battery manufacturers; B2B with global exports. |
Key management - |
Our journey and innovations Started from chemical business demerger in 2018, expanded fluoropolymer & battery materials portfolio; substantial CAPEX and green chemistry development since 2020. |
Where we operate Operations primarily in India with exports to Europe, Americas, Japan, Asia; overseas subsidiaries in USA, Europe, Singapore, Dubai, and JV in Gujarat. |
Top products or what we offer Flagship products include PTFE, PVDF, refrigerants (R22, R32), fluoropolymers, speciality chemicals and battery materials such as LiPF6, LFP cathodes, binders, electrolytes. |
Top brands Market leader in PTFE fluoropolymers and refrigerants; emerging leader in battery materials; ISO certified manufacturing at Ranjitnagar, Dahej, and Jolva plants. |
Raw materials needed Fluorspar, hydrogen fluoride, lithium salts, and other chemical precursors essential for fluoropolymers and battery material synthesis. |
Raw materials supplier Vertically integrated including own fluorspar mine in Morocco; sources from global chemical suppliers and partners. |
Recurring vs cyclical contribution Revenue is a mix of recurring sales in specialty chemicals and fluoropolymers with cyclical volume fluctuations impacted by market demand. |
Our industry position Leading fluoropolymer manufacturer in India; top global fluorochemical player; expanding presence in global battery material supply chain. |
Financial highlights FY25 consolidated revenue Rs. 4737 crore; profit after tax Rs. 546 crore; consistent revenue and profit growth over recent years. |
Geographical revenue split Revenue from India 41%, Europe 23%, USA 18%, Rest of world 18% in FY25, showcasing global market penetration. |
Order book - |
Whats driving growth Demand growth in fluoropolymer applications, EV battery materials, global fluorochemical supply shortages, expanded capacity and product innovations. |
Our future plans Rs. 2750 crore CAPEX (2022-2024) for battery chemicals, fluoropolymer expansions, new products for green hydrogen and EV sectors. |
Our green promise Investing in eco-friendly manufacturing, green chemistry routes, ISO 14001 certification, and sustainability reporting aligned with international standards. |
Our people and values Committed workforce adhering to safety, quality, and ethical standards fostering innovation and sustainability in manufacturing operations. |
Key challenges ahead Geopolitical tariff impacts, raw material price volatility, technology adoption speed, and competition in global fluorochemicals and battery materials. |
Interesting facts Only PTFE/fluoropolymer manufacturer in India; built India’s first integrated PVDF solar film project; succeeded in multiple new product commercializations. |
Risks and strategy Mitigates raw material dependency via backward integration, steady product diversification, compliance with regulations, and focusing on value-added specialty products. |
