What we do Horizon Reclaim (India) Ltd manufactures reclaimed rubber from used tyres and industrial scrap for various applications like footwear, automotive seals, and road construction. |
Founded in 2,006 |
Market share Emerging player in reclaimed rubber manufacturing with expanding production capabilities. |
Problem solved Addresses environmental waste by recycling used rubber into valuable raw materials for diverse industries. |
Top clients or who we serve Supplies footwear, automotive, construction, and industrial sectors; B2B focus. |
Key management - |
Our journey and innovations Incorporated in 2006; expanded production with new plants in Haridwar and Rajkot for reclaimed rubber and pyrolysis oil. |
Where we operate India, with manufacturing units in Saharanpur, Haridwar, and Rajkot (under development). |
Top products or what we offer Natural and synthetic reclaimed rubber varieties and crumb rubber for industrial and construction uses. |
Top brands - |
Raw materials needed Used tyres, rubber tubes, tread peelings, industrial rubber scrap. |
Raw materials supplier Rubber waste suppliers and recyclers (specific suppliers not disclosed). |
Recurring vs cyclical contribution Revenue primarily recurring from steady industrial demand for reclaimed rubber products. |
Our industry position Growing presence with specialized reclaimed rubber products, preparing for broader market entry. |
Financial highlights FY 2023: Revenue Rs 49.42 crore, Net Profit Rs 10.5 crore, demonstrating profitability and growth potential. |
Geographical revenue split - |
Order book - |
Whats driving growth Expansion of manufacturing capacity, increasing demand for recycled rubber in automotive and construction sectors. |
Our future plans Commencing operations at new Haridwar unit and completing Rajkot pyrolysis plant for diversified products. |
Our green promise Promotes environmental sustainability through rubber recycling and waste reduction initiatives. |
Our people and values - |
Key challenges ahead Operationalizing new plants efficiently and scaling market penetration amid competition. |
Interesting facts One of few Indian companies focusing on producing both reclaimed rubber and pyrolysis oil from waste rubber. |
Risks and strategy Mitigating operational risks via phased ramp-up of units; strategy focuses on eco-friendly product development and market expansion. |
