What we do Panther Industrial Products Ltd manufactures reinforced PVC sheets and films using unique lamination technology, primarily serving industrial and upholstery markets. |
Founded in 1,987 |
Market share Niche manufacturer with steady capacity expansion; facing competitive pressures affecting main business segments. |
Problem solved Provides waterproof and leakproof protective materials using advanced lamination, addressing durability needs in upholstery and industrial coverings. |
Top clients or who we serve B2B industrial customers in manufacturing and upholstery sectors; no major marquee client listed. |
Key management Kaushik Chhotalal Shah (Managing Director); Abhijit Yashwant Kadam (CFO); Priyanka Garg and Raju Kumar Mishra (Additional Directors) |
Our journey and innovations Incorporated in 1987, expanded capacity in 1996-97; sources technical knowhow from Konrad Hornschuch, Germany. |
Where we operate Operations focused in India, headquarters shifted to Madhya Pradesh; no export revenue reported. |
Top products or what we offer Reinforced PVC sheets and films, specialty waterproof and upholstery materials. |
Top brands - |
Raw materials needed PVC resin and lamination materials required for product manufacture. |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue cyclicality observed, with current losses due to market pressures. |
Our industry position Small-scale specialized player with longstanding domestic presence but limited current profitability. |
Financial highlights In FY2024-25, reported zero revenue and loss of Rs 4.58 million; prior year profit Rs 9.66 lakh. |
Geographical revenue split - |
Order book - |
Whats driving growth Exploring consultancy services amid tightening competition in core PVC manufacturing segment. |
Our future plans Considering expansion into financial consultancy services while assessing feasibility of main manufacturing operations. |
Our green promise - |
Our people and values Focused on corporate governance enhancement, safe work environment, and compliance with applicable laws. |
Key challenges ahead Sustaining core business amid competition, legal issues, and operational losses; pivoting business model underway. |
Interesting facts Possesses unique lamination technology licensed from a German partner, ensuring premium product quality. |
Risks and strategy Faces risks from non-recoverable receivables and market competition; pursuing diversification and governance improvements. |
