Paragon Fine and Speciality Chemical Ltd (PARAGON) Share Price & Fundamentals

What we do

Paragon Fine and Speciality Chemical Ltd custom synthesizes and manufactures chemical intermediates for pharma, agrochemical, cosmetic, pigment, and dye industries.

Founded in

2,003

Market share

Emerging specialty chemicals player in India with growing export presence.

Problem solved

Provides complex chemical intermediates to support R&D and manufacturing needs of diverse chemical industries.

Top clients or who we serve

Serves pharmaceutical, agrochemical, cosmetics, pigment and dye manufacturers (B2B).

Key management

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Our journey and innovations

Started as partnership in 2003; private limited in 2018; public limited in 2022; expanded custom synthesis capabilities and pilot plant.

Where we operate

Primarily India with exports to global markets.

Top products or what we offer

Custom synthesis of intermediates like pharma, agro, cosmetic, pigment, and dye chemicals using advanced batch reaction technology.

Top brands

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Raw materials needed

Specialty chemical raw materials for synthesis like acetylation, amination compounds.

Raw materials supplier

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Recurring vs cyclical contribution

Revenue largely from custom synthesis contracts with a mix of recurring and project-based orders.

Our industry position

Growing niche player in specialty chemical intermediates sector, strong domestic and export sales.

Financial highlights

Fiscal 2024-25 revenue Rs.116.1 crore, net profit Rs.5.9 crore; IPO raised Rs.51.66 crore in 2023.

Geographical revenue split

Approximately 73% domestic, 36% export contribution to overall sales.

Order book

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Whats driving growth

Rising pharma and agrochemical demand, technology-driven product development, expanded manufacturing capacity.

Our future plans

Scaling operations, enhancing R&D, and leveraging IPO funds for capacity expansion and working capital.

Our green promise

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Our people and values

Committed to compliant governance and employee engagement; zero workplace harassment complaints.

Key challenges ahead

Competitive market, raw material sourcing, regulatory compliance, and margin pressure risks.

Interesting facts

Evolved from partnership to public limited company in under two decades; advanced pilot plant setup.

Risks and strategy

Mitigates operational, market, and regulatory risks with robust controls and risk management framework.