What we do Ritesh International Ltd manufactures stearic acid, glycerin for rubber and PVC industries, operates knitwear division, and has ventured into biofuels production including biodiesel. |
Founded in 1,981 |
Market share Growing market share in stearic acid and glycerin sectors with expanding knitwear and new biofuels division. |
Problem solved Supplies key raw materials for rubber, PVC, and biofuel sectors addressing industry needs for quality chemicals and renewable energy. |
Top clients or who we serve Rubber and PVC manufacturers, garment buyers, and biofuel consumers; operates B2B and B2C segments. |
Key management Mr. Ritesh Arora (Chairman-cum-Managing Director), Mr. Rijul Arora (Whole-time Director and CFO). |
Our journey and innovations Started in 1981 producing stearic acid/glycerin, expanded to industrial oils, refined glycerin, knitwear, and diversified into biofuels in 2023. |
Where we operate India-based operations with customers primarily in domestic markets; expanding product reach through diversified segments. |
Top products or what we offer Stearic acid (rubber, cosmetic, PVC grades), glycerin, knitwear garments, and biofuels including biodiesel. |
Top brands - |
Raw materials needed Cooking oils, animal fats, crude vegetable oils like palm oil used for biofuel production; fats and oils for stearic acid. |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue is from recurring industrial chemical sales and garment sales; biofuels add a new growth dimension. |
Our industry position Established supplier in stearic acid and glycerin markets; building presence in knitwear and biofuel industries. |
Financial highlights Operating revenue Rs. 128.98 crore, net profit Rs. 3.3 crore for FY 2024-25, with growth focus on core chemicals and new biofuel segment. |
Geographical revenue split - |
Order book - |
Whats driving growth Increased chemical sales, diversification into biofuels, and plans to grow knitwear division drive growth. |
Our future plans Expand biofuel production, increase knitwear sales, and strengthen stearic acid market share through capacity and product mix improvements. |
Our green promise Production of biofuels from renewable sources aligns with sustainability and environmental goals. |
Our people and values Committed workforce with focus on governance, transparency, and ethical business practices. |
Key challenges ahead Managing diversification risks, improving profitability, and scaling new biofuel operations effectively. |
Interesting facts - |
Risks and strategy Focus on risk management policy established; strategy includes diversification, strengthening core products, and innovation. |
