What we do Gem Aromatics Ltd manufactures specialty ingredients like essential oils, aroma chemicals, and derivatives serving oral care, cosmetics, nutraceuticals, pharmaceuticals, and personal care sectors. |
Founded in 1,997 |
Market share One of India's largest producers of clove oil, piperita oil, and aroma chemicals with growing global presence. |
Problem solved Provides high-quality, sustainable aromatic ingredients to enhance product efficacy in health, wellness, and cosmetics industries. |
Top clients or who we serve Serves 225 domestic and 44 international customers across oral care, pharma, cosmetics, wellness, B2B and export markets. |
Key management Yash Vipul Parekh (MD & CEO), Kaksha Vipul Parekh (Chairperson & CFO), Vipul Parekh (Whole-Time Director) with strong science and business backgrounds. |
Our journey and innovations Incorporated 1997, expanded since 1999, launched clove oil vertical 2009, new Dahej plant 2024, diversified portfolio including cooling agents and phenol derivatives. |
Where we operate India (major units in Silvassa, Budaun, Dahej), export markets include USA, Brazil, China, Europe, and others across 18 countries. |
Top products or what we offer Essential oils (Peppermint, Clove, Eucalyptus), aroma chemicals, cooling agents WS-23 & WS-03, phenol and citral derivatives. |
Top brands WS-23 and WS-03 cooling agents, Clove Oil, Eugenol, Menthol; India’s largest capacity in cooling agents and clove derivatives. |
Raw materials needed Botanicals like mint, clove, eucalyptus, and petrochemical raw materials such as phenol. |
Raw materials supplier Sources from Indian mint growers and global suppliers from India, Uganda, Rwanda, China. |
Recurring vs cyclical contribution Revenue mix has recurring elements via steady demand in personal care and pharma, with some cyclicality due to agricultural raw material prices. |
Our industry position Leading Indian specialty ingredients manufacturer with significant volumes in mint derivatives, clove oil, and emerging high-value molecules. |
Financial highlights FY25 Revenue Rs 504 Cr, PAT Rs 53 Cr, EBITDA margin ~17.6%, capital expenditure Rs 222 Cr mainly for new Dahej facility. |
Geographical revenue split India 48%, USA 31%, Rest includes Brazil, China, Singapore, and other global markets covering 18 countries. |
Order book - |
Whats driving growth Ramp-up of Dahej greenfield plant, new product launches in cooling agents and phenol derivatives, expanding export footprint, and improving margins. |
Our future plans Targeting Rs 1,050-1,100 Cr revenue by FY28, focus on new high-value derivatives, capacity utilisation increase, and sustainability initiatives. |
Our green promise Adopts vapor-phase green chemistry processes with near-zero effluent, continuous R&D for sustainable manufacturing. |
Our people and values 225 domestic and 44 global customers supported by a leadership team with scientific and export expertise, fostering innovation and compliance. |
Key challenges ahead Managing raw material price volatility, tariff and GST regulatory changes, and scaling new production lines effectively. |
Interesting facts India’s largest cooling agents capacity with the Dahej plant; recognized as a 3-star Export House. |
Risks and strategy Mitigates market and operational risks via diversified product portfolio, backward integration, technological upgrades, and geographical market expansion. |
