What we do Haryana Leather Chemicals Ltd manufactures a wide range of leather chemicals, PVC additives, and adhesives, serving leather processing, footwear, textile, and packaging industries. |
Founded in 1,985 |
Market share Market leader in leather fat liquors and growing presence in PVC additives; strong domestic and export footprint. |
Problem solved Provides advanced chemicals enhancing leather finishing quality, durability, and specialty products for textile and packaging needs. |
Top clients or who we serve B2B clients in leather, footwear, textile printing, PVC processing, and packaging sectors across India and exports markets. |
Key management Managing Director: Mr. Pankaj Jain with extensive industry experience and reappointed in 2025. |
Our journey and innovations Started as Indo-Italian JV in 1985; pioneered polyurethane dispersions; expanded into adhesives and specialty chemicals; launched PVC additives in 2024. |
Where we operate Primarily India with export sales; major plant in Haryana; exports contribute around 16% of revenue. |
Top products or what we offer Over 350 products including fat liquors (NOUVOL SR), pigment series (NANOLUX), adhesives, acrylic impact modifiers, and processing aids. |
Top brands NOUVOL SR - market leader in fat liquors; NANOLUX pigment series - specialty segment; AKRELON 405 - growing PVC additive. |
Raw materials needed Acrylic monomers like butyl acrylate, methyl methacrylate; intermediates for polyurethane and specialty chemicals. |
Raw materials supplier Imported technology and materials sourced from Europe, with local suppliers for raw inputs. |
Recurring vs cyclical contribution Revenue is mostly recurring from consistent industrial chemical demand with some cyclical export fluctuations. |
Our industry position Strong standing as a technology-driven leather chemicals manufacturer with growing specialty product line in PVC additives. |
Financial highlights FY 2024-25 revenue Rs. 49.03 Cr; net profit Rs. 2.3 Cr; steady income growth from Rs. 44.42 Cr last year. |
Geographical revenue split Domestic sales contribute roughly 84%, exports around 16% of revenue. |
Order book - |
Whats driving growth Innovation in specialty chemicals, expanding PVC additives, stable domestic demand, and export market penetration. |
Our future plans Focused R&D on biological wastewater treatment and accelerated weather testing to enhance product durability. |
Our green promise Investing in sustainable wastewater treatment technologies and reducing environmental impact through R&D. |
Our people and values Employs around 80 employees; promotes integrity, professionalism, and compliance with robust governance practices. |
Key challenges ahead Raw material price volatility, export market fluctuations, and technological competition. |
Interesting facts First Indian company with government-sponsored polyurethane dispersion research; successful Indo-European tech collaborations. |
Risks and strategy Mitigating raw material risks through inhibitor control; strategic diversification into specialty chemicals and automation. |
