What we do O.P Chains Ltd is a wholesale bullion trader specializing in gold and silver bars and coins, serving the jewelry and ornament manufacturing industry primarily in Agra, India. |
Founded in 2,001 |
Market share Strong and established presence in the wholesale bullion market of Agra, recognized for quality and fair dealings. |
Problem solved Provides reliable, pure bullion supply to jewelers and manufacturers, ensuring quality and facilitating smooth wholesale transactions. |
Top clients or who we serve B2B serving ornament manufacturers, goldsmiths, jewelers, and semi-wholesalers in the jewelry sector. |
Key management Satish Kumar Goyal (Managing Director), Ashok Kumar Goyal (Chairman & Whole-time Director), Moon Goyal (Whole-time Director) |
Our journey and innovations Incorporated in 2001 by taking over O.P. Chains & Others; expanded from bullion trading into real estate partnerships since 2011; public listing in 2015. |
Where we operate Primarily operates in Agra, India, with bullion sourced from national suppliers like State Trading Corporation of India and ICICI Bank. |
Top products or what we offer Wholesale trading of high-purity gold and silver bars and coins adhering to international standards. |
Top brands No specific flagship brands; recognized for quality gold and silver bullion supply to the jewelry industry. |
Raw materials needed Gold and silver metals in bar and coin forms. |
Raw materials supplier State Trading Corporation of India, Hindustan Zinc Limited, ICICI Bank Limited, Punjab National Bank Limited. |
Recurring vs cyclical contribution Revenue is primarily cyclical, dependent on bullion trading volumes and market demand conditions. |
Our industry position Among the key bullion wholesalers in Agra with a reputation for quality and fair trade practices. |
Financial highlights Revenue Rs 8.18 Cr and net profit Rs 2.71 Cr for FY ending March 2025, showing profitable operations. |
Geographical revenue split - |
Order book - |
Whats driving growth Demand from jewelry manufacturers, reliable bullion supply chain, and established market relationships. |
Our future plans Continued focus on bullion trading; no major changes reported for diversification or expansions. |
Our green promise - |
Our people and values Maintains a committed team with emphasis on ethical business practices, fairness, and compliance. |
Key challenges ahead Volatility in bullion prices and market demand fluctuations in the jewelry sector. |
Interesting facts Member of 'The Gem & Jewellery Export Promotion Council'; listed on SME platform of BSE as of 2015. |
Risks and strategy Manages financial and operational risks through internal controls and risk management policy reviewed by the board. |
