What we do Paushak Limited is India's largest manufacturer of phosgene-based specialty chemicals such as isocyanates and chloroformates, serving diverse industries including pesticides and pharmaceuticals. |
Founded in 1,972 |
Market share Largest phosgene-based specialty chemical manufacturer in India with global benchmark operations. |
Problem solved Provides critical specialty chemicals used in manufacturing of pesticides, pharmaceuticals, plastics, dyes, and perfumeries. |
Top clients or who we serve Serves B2B clients in pesticides, pharmaceuticals, plastics, dyes, and perfumery industries. |
Key management Mr. Abhijit Joshi (CEO & Whole-time Director), Ms. Kirti Shah (CFO), Mr. Sagar Gandhi (Company Secretary) |
Our journey and innovations Operating since 1979 with over 55 years expertise in phosgene and derivatives; equipped with advanced R&D and safe handling practices at Panchmahal site. |
Where we operate Domestic market in India and export markets outside India, total revenue split approx. 89% India, 11% outside India. |
Top products or what we offer Phosgene gas, isocyanates, chloroformates, carbamoyl chlorides, carbamates, urea derivatives and related specialty chemicals. |
Top brands - |
Raw materials needed Phosgene gas, intermediate chemicals for specialty chemical synthesis. |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue primarily recurring from specialty chemical manufacturing and contract toll production. |
Our industry position Market leader in phosgene-based specialty chemicals in India with strong operational safety and quality systems. |
Financial highlights FY23-24 revenue: Rs 210.95 crore; net profit: Rs 49.38 crore; EBITDA around Rs 84.98 crore; consistent profitability and dividend payouts. |
Geographical revenue split Approximately 89% revenue from India and 11% from international markets as of FY23-24. |
Order book - |
Whats driving growth Growth fueled by steady demand in agrochemicals, pharmaceuticals, industry-safe production capabilities, and strategic R&D. |
Our future plans Focus on capacity optimization, innovation in specialty chemicals, maintaining safety standards, and expanding customer base. |
Our green promise Operates a 'Responsible Care' certified plant with emphasis on environment, health and safety (EHS) practices. |
Our people and values Employs over 200 skilled employees fostering safe, disciplined culture aligned with longstanding parent group values. |
Key challenges ahead Managing phosgene safety risks, regulatory compliance, and mitigating market fluctuations in specialty chemicals. |
Interesting facts Part of Alembic Group with over 115 years legacy; India's oldest pharmaceutical group origin since 1907. |
Risks and strategy Focused on risk management via board committees; mitigation includes stringent EHS policies and diversified product applications. |
