What we do GHCL Limited is a leading manufacturer of Soda Ash and Sodium Bicarbonate in India, with business also in edible salt and home textiles. |
Founded in 1,983 |
Market share Among India's top Soda Ash producers with ~25% domestic market share. |
Problem solved Provides key raw materials (Soda Ash, Baking Soda) essential for detergents, glass, and food industries, supporting industrial and consumer needs. |
Top clients or who we serve Supplies to major Indian FMCG, glass, detergent, and textile firms including Hindustan Unilever, P&G, Patanjali, and global retailers. |
Key management Mr. Ravi Shanker Jalan, Managing Director; Mr. Raman Chopra, CFO and Executive Director Finance. |
Our journey and innovations Started Soda Ash in 1988; expanded Soda Ash capacity to 12 Lakh MTPA; diversified into sodium bicarbonate, salt, and textiles; divested home textiles in 2022. |
Where we operate Operations in India across Gujarat and Tamil Nadu; exports worldwide. |
Top products or what we offer Soda Ash, Sodium Bicarbonate (Baking Soda), edible salt (I-Flo), synthetic blended yarn (via GHCL Textiles Limited). |
Top brands LION (Baking Soda), I-Flo (Salt and Honey), MEDITASI (bedding products). |
Raw materials needed Limestone, salt, brine, coal, raw cotton for textiles. |
Raw materials supplier Captive limestone mines; local salt suppliers; coal procured from regional markets. |
Recurring vs cyclical contribution Revenue predominantly recurring from chemicals; textiles and salt show moderate cyclicality. |
Our industry position Leader in Soda Ash production in India; strong position in sodium bicarbonate and salt segments. |
Financial highlights FY25 Revenue 3,273 Cr INR; PAT 624 Cr INR; EBITDA 966 Cr INR; steady margin despite market challenges. |
Geographical revenue split India accounts for about 95% revenue; exports about 5%. |
Order book - |
Whats driving growth Growing domestic demand for Soda Ash linked with detergent, glass industries; expansion and value-added products driving growth. |
Our future plans Commissioning Bromine and Vacuum Salt projects; greenfield Soda Ash project progressing; focus on sustainability and value addition. |
Our green promise Commitment to 30% reduction in Scope 1 & 2 emissions by 2030; renewable energy projects; zero environmental incidents in FY25. |
Our people and values Strong culture with low attrition; emphasis on respect, trust, ownership and teamwork; employee stock option plans in place. |
Key challenges ahead Competition from imports, global pricing volatility, regulatory changes, project execution delays. |
Interesting facts Completed a Rs. 300 Cr share buyback in FY26; recognized as Great Place to Work for 9 consecutive years. |
Risks and strategy Mitigate risks via operational excellence, cost discipline, diversified product portfolio and strategic expansions. |
