What we do OCCL Ltd manufactures insoluble sulphur, commercial and battery grade sulphuric acid and oleum, serving primarily the tyre industry from plants in Haryana and Gujarat. |
Founded in 1,994 |
Market share Holds around 60% domestic market share and approximately 10% global share in insoluble sulphur. |
Problem solved Provides high-quality insoluble sulphur used as a vulcanising agent to improve tyre performance and durability. |
Top clients or who we serve Serves global tyre manufacturers across 21 countries; business is B2B focused in the rubber and automotive sectors. |
Key management Chairman & MD: Mr. Arvind Goenka; Joint MD: Mr. Akshat Goenka; CFO: Mr. Anurag Jain. |
Our journey and innovations Started insoluble sulphur production in 1994, steadily expanded capacity to 39,500 MT by 2024, with continuous R&D for quality and process optimizations. |
Where we operate Plants in Dharuhera (Haryana) and Mundra SEZ (Gujarat), exports worldwide including Europe, North America, South America, and Asia. |
Top products or what we offer Flagship product is insoluble sulphur under brand 'Diamond Sulf'; also manufactures sulphuric acid and oleum in various grades. |
Top brands Diamond Sulf - market leader in insoluble sulphur with diverse grades for tyre industry; sulphuric acid commercial and battery grades. |
Raw materials needed Refinery-grade sulphur and coating oil are principal raw materials, sourced domestically and internationally. |
Raw materials supplier Procures sulphur from oil refineries and coating oil from domestic and international suppliers. |
Recurring vs cyclical contribution Revenue is largely recurring from ongoing contracts with tyre manufacturers and chemical industry suppliers. |
Our industry position Leading domestic insoluble sulphur supplier with a dominant market share and significant global presence. |
Financial highlights FY 2025 revenue Rs 306.7 crore and net profit Rs 21.4 crore; FY 2026 Q3 revenue Rs 114.6 crore with 17.6% EBITDA margin. |
Geographical revenue split Exports constitute approximately 55% of revenue with strong footprint across Europe, Americas, and Asia. |
Order book - |
Whats driving growth Growth driven by rising vehicle production, tyre demand, and anti-dumping measures restricting low priced imports. |
Our future plans Focus on expanding capacity further, leveraging R&D for product innovation, and strengthening export markets. |
Our green promise Committed to sustainability via solar power adoption, water recycling, emissions reduction, and certified safety and environment protocols. |
Our people and values Emphasizes skilled workforce, continuous training, diversity, and ethics with strong governance and compliance. |
Key challenges ahead Price pressures from global excess capacity, high raw material costs, and competitive imports remain key risks. |
Interesting facts Received ECOVADIS Gold rating, one of top 6% global firms for sustainability; pioneering green initiative in chemical manufacturing. |
Risks and strategy Mitigates risks through cost optimization, anti-dumping petitions, long-term contracts, and diversification of markets and products. |
