What we do Narmada Gelatines Ltd manufactures gelatine and related products for pharmaceutical, food, and photographic industries with a focus on quality and exports. |
Founded in 1,961 |
Market share Established exporter with pharmaceutical-grade gelatine presence in developed countries; expanding in Japan; ISO and other certifications. |
Problem solved Provides high-quality collagen derivatives addressing industrial demands for pharmaceuticals, food additives, and photographic use. |
Top clients or who we serve Serves pharmaceutical, food, and photographic industries globally, catering to both domestic and export markets (B2B focus). |
Key management - |
Our journey and innovations Founded in 1961, capacity expanded multiple times; began exporting pharmaceutical-grade gelatine since 1994; acquired stake in India Gelatine & Chemicals in 2025. |
Where we operate Primarily India-based with export markets including Japan, Netherlands, and other developed countries. |
Top products or what we offer Gelatine, Ossein, Di-Calcium Phosphate, Bone Meal; pharmaceutical and edible grade gelatines. |
Top brands - |
Raw materials needed Crushed animal bones for processing into gelatine, ossein, and related products. |
Raw materials supplier Local suppliers of animal bones; mineral acids for processing. |
Recurring vs cyclical contribution Revenue primarily recurring from consistent industrial supply contracts with some export market fluctuations. |
Our industry position Key Indian exporter of pharmaceutical grade gelatine with certified quality standards and stable domestic market presence. |
Financial highlights FY 2023-24 revenue at Rs 181.8 crores, profit after tax Rs 15.3 crores, EBITDA Rs 22.87 crores, stable earnings growth. |
Geographical revenue split Domestic segment approx Rs 110 crores, Exports approx Rs 3.5 crores in recent period. |
Order book - |
Whats driving growth Export market expansion, capacity enhancements, quality certifications, and diversified industrial demand. |
Our future plans Focus on scaling exports, strengthening associate partnerships, and continuous quality improvements. |
Our green promise - |
Our people and values Committed to quality, compliance, corporate governance, and workplace equality with focus on employee welfare. |
Key challenges ahead Market competition, regulatory compliance, maintaining export growth, and raw material sourcing risks. |
Interesting facts One of the oldest gelatine manufacturers in India with continuous capacity expansion since 1961. |
Risks and strategy Mitigates raw material and market risks through quality certifications, diversification and strong corporate governance. |
