What we do Neochem Bio Solutions Ltd manufactures specialty performance chemicals with over 350 customized formulations for industries like textiles, home care, industrial cleaning, and more. |
Founded in 1,978 |
Market share Emerging specialty chemical manufacturer expanding globally with growing market presence in eco-friendly and bio-based solutions. |
Problem solved Provides eco-friendly chemical solutions improving product performance across textiles, personal care, industrial cleaning, water treatment, and coatings. |
Top clients or who we serve Serves textile, home and personal care, industrial cleaning, water treatment, construction, paints, paper, rubber sectors; mainly B2B. |
Key management - |
Our journey and innovations Originating from 1978, evolved from trading to manufacturing; merged with Protek Korchem; expanded globally; launched new home care ingredients in 2024. |
Where we operate India with expanding exports to Vietnam, Singapore, Canada, Australia, Indonesia, and more. |
Top products or what we offer Specialty polymers, surfactants, silicones, esters, and bio-based sustainable chemical formulations. |
Top brands - |
Raw materials needed Specialty chemical raw materials such as polymers, surfactants, and silicone compounds. |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue driven primarily from recurring industrial and specialty chemical sales. |
Our industry position Growing player in specialty chemicals with a niche in eco-friendly, sustainable formulations and expanding global reach. |
Financial highlights FY23 revenue of Rs. 84.17 crores with net profit of Rs. 7.75 crores; steady revenue with improving profitability. |
Geographical revenue split Domestic sales contribute 76.93% revenue; exports account for 7.24%. |
Order book - |
Whats driving growth Innovation in eco-friendly solutions, global expansion, diversified product portfolio, and entry into personal care segment. |
Our future plans IPO planned to fund expansion, increase manufacturing capacity, and develop new bio-based products. |
Our green promise Focus on developing eco-friendly, bio-based sustainable chemical solutions across product lines. |
Our people and values Maintains cordial industrial relations; emphasis on employee well-being and compliance with workplace safety norms. |
Key challenges ahead Market competition, raw material availability, and scaling up global operations. |
Interesting facts Started as a partnership trading firm in 1978, transformed through mergers, and recently launched home care ingredient products. |
Risks and strategy Minimal operational risks; strategic focus on innovation, market expansion, and regulatory compliance. |
