What we do Mysore Petro Chemicals Limited manufactures and trades petrochemical products including Phthalic Anhydride and Maleic Anhydride, operating primarily in India. |
Founded in 1,976 |
Market share Operates niche petrochemical production with diversified trading activities; facing challenges due to plant closures but maintains market presence via trading and subsidiary acquisitions. |
Problem solved Provides essential petrochemical intermediates and trading services catering to diverse industrial chemical needs in India and abroad. |
Top clients or who we serve Serves chemical manufacturers, industrial clients, and traders in petrochemical sectors primarily in India and some international markets; B2B focus. |
Key management Dr. Vaijayanti Pandit (Chairperson), Shri Satyanarayan Bankatlal Maheshwari (Executive Director), Shri Nilesh Panchal (CFO), Smt. Labdhi Shah (Company Secretary). |
Our journey and innovations Founded in 1976; expanded capacity and product lines including collaboration with Lurgi Germany; transferred Maleic Anhydride business in 2017; acquired QC Polymer in 2024. |
Where we operate India mainly in Karnataka and Maharashtra; export markets outside India with trading activities. |
Top products or what we offer Phthalic Anhydride, Maleic Anhydride (production phased out), trading in Orthoxylene, Benzoic Acid, and other petrochemical products. |
Top brands - |
Raw materials needed Aromatic hydrocarbons like Orthoxylene used as key raw materials. |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue largely from recurring trading operations with declining cyclical manufacturing activities. |
Our industry position Mid-sized player in specialized petrochemical sector with stable trading revenues; facing operational and financial challenges. |
Financial highlights FY 2024-25 revenue approximately ₹46.4 crore; reported net loss of ₹7.66 crore due to operational restructuring and impairments. |
Geographical revenue split Approximately 92% revenue from India and 8% from outside India markets. |
Order book - |
Whats driving growth Growth driven by trading expansion, strategic subsidiary acquisition, and focus on petrochemical product distribution. |
Our future plans Focus on expanding trading portfolio and leveraging subsidiary potential; no current manufacturing ramp-up plans. |
Our green promise - |
Our people and values Small, focused employee base fostering transparency and governance with emphasis on sustainable business practices. |
Key challenges ahead Addressing financial losses, plant closures, litigation risks, and regaining manufacturing competitiveness. |
Interesting facts - |
Risks and strategy Mitigating operational risks via diversification into trading and subsidiaries; pursuing prudent financial and governance controls. |
