What we do National Oxygen Ltd manufactures industrial gases in liquid and gaseous forms, supplying sectors like government workshops, hospitals, steel, pharmaceuticals, and petrochemicals. |
Founded in 1,974 |
Market share Long-term supplier with established contracts in industrial and medical gases sectors, facing severe competition impacting pricing power. |
Problem solved Provides essential high-quality industrial and medical gases for diverse industries, supporting critical manufacturing and healthcare needs. |
Top clients or who we serve Government workshops, public sector units, space and petrochemical industries, steel, pharmaceutical sectors, refrigeration, hospitals, shipbuilding, and fabrication industries. B2B focused. |
Key management Rajesh Kumar Saraf (Managing Director), Gajanand Saraf (Whole Time Director) |
Our journey and innovations Started as gas trader (1975-80), installed first oxygen plant in 1980; expanded capacities and introduced liquid gases; installed windmill in 2005. |
Where we operate Plants in Pondicherry and Perundurai, India, serving mainly Indian industrial and medical sectors. |
Top products or what we offer Oxygen, Nitrogen, Argon in liquid and gaseous forms supplied to industries and hospitals. |
Top brands - |
Raw materials needed - |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue mostly recurring through long-term supply contracts; however, susceptible to cyclical demand fluctuations. |
Our industry position Noted player in industrial gases in southern India with full-capacity plants; challenged by pricing pressures. |
Financial highlights FY 2024-25 revenue Rs. 40.58 Cr; net loss of Rs. 7 Cr due to operational challenges and market pressures. |
Geographical revenue split Primarily India-based revenues from Pondicherry and Perundurai plants. |
Order book - |
Whats driving growth Strategic initiatives, increased demand for industrial and medical gases; however, power cost increases and competition pressure growth. |
Our future plans No major capex reported; continuing operational efficiencies and strategic customer engagements post asset sale. |
Our green promise Installed a 1.65 MW windmill in 2005, reflecting commitment to sustainable energy. |
Our people and values Committed workforce trained regularly, emphasis on work safety and ethical practices. |
Key challenges ahead Power tariff hikes, intense competition, inability to raise product prices impacting margins significantly. |
Interesting facts 50+ years of operation with diversified clientele across critical sectors; maintained steady production capacity. |
Risks and strategy Price competition and cost inflation risks managed via long-term contracts and operational cost controls. |
