What we do Organic Coatings Ltd manufactures and exports printing inks, industrial coatings, and allied products, including UV and water-based inks, serving the printing industry in India. |
Founded in 1,965 |
Market share Pioneer in UV inks and water-based varnishes in India with a strong presence in offset and flexo printing inks segments. |
Problem solved Provides high-quality, eco-friendly printing inks and coatings that meet modern printmaking needs and reduce environmental impact. |
Top clients or who we serve B2B customers primarily in printing and packaging sectors, including commercial printers and industrial manufacturers. |
Key management - |
Our journey and innovations Started in 1965; pioneered UV inks and water-based varnishes in India; adopted advanced Buhler machinery for consistent, high-quality ink production. |
Where we operate Primarily India with export markets served through strategic partnerships. |
Top products or what we offer Offset inks, UV inks, water-based flexo inks, print finishes, security inks, specialty inks including 100% VOC free green ink. |
Top brands - |
Raw materials needed Chemical pigments, solvents, varnishes, and additives sourced from global suppliers. |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue mainly recurring from ink sales to printing industries with some cyclicality linked to industrial demand. |
Our industry position Recognized pioneer and strong player in specialized inks for printing industry in India. |
Financial highlights FY23 revenue Rs. 23.06 crore with a loss of Rs. 0.94 crore; revenue grew 4% YoY with improved operating profitability. |
Geographical revenue split - |
Order book - |
Whats driving growth Demand for eco-friendly inks and modernization of print industry drive growth, along with new product launches like green inks. |
Our future plans Focus on expanding green ink portfolio, improve profitability, and enhance manufacturing capabilities at Baroda and Mumbai plants. |
Our green promise Introduced 100% VOC free green inks, emphasizing sustainable and environment-friendly printing solutions. |
Our people and values Committed workforce skilled in advanced ink technologies, fostering innovation and quality consistency. |
Key challenges ahead Navigating losses, competitive ink market, rising raw material costs, and scaling eco-friendly product adoption. |
Interesting facts First in India to pioneer UV inks and water-based varnishes; uses top-tier Buhler machinery for ink manufacturing. |
Risks and strategy Mitigating raw material price volatility through supplier contracts; focusing on R&D and operational efficiency. |