What we do Shiv Texchem Ltd imports and distributes hydrocarbon-based chemicals vital for industries like paints, coatings, agrochemicals, pharmaceuticals, and specialty polymers. |
Founded in 2,005 |
Market share A key distributor with a broad product portfolio serving over 650 customers and sourcing from 60+ global suppliers. |
Problem solved Ensures timely, reliable supply of critical specialty chemicals to Indian manufacturing industries, bridging global suppliers and local demand. |
Top clients or who we serve B2B customers across paints, coatings, printing inks, agrochemicals, pharmaceuticals, specialty polymers, and industrial chemicals sectors. |
Key management Vikas Pavankumar (Managing Director), Hemanshu Chokhani (Whole-time Director & CFO), Shyamsundar Chokhani (Whole-time Director), Neha Hemanshu Chokhani (Whole-time Director). |
Our journey and innovations Founded in 2005, IPO listed in 2024; expanded portfolio from 21 to 39 products; widened customer base; introduced phenol product in 2019. |
Where we operate Primarily India with global sourcing from China, Taiwan, South Korea, Kuwait, Qatar, USA, and Europe. |
Top products or what we offer Acetyls, Alcohols, Aromatics, Nitriles, Monomers, Glycols, Phenolics, Ketones, Isocyanates used by paints, pharma, agrochemical industries. |
Top brands - |
Raw materials needed Hydrocarbon-based chemicals such as acetyls, alcohols, aromatics and specialty solvents sourced globally. |
Raw materials supplier Global chemical producers across China, Taiwan, South Korea, Middle East, USA, and Europe. |
Recurring vs cyclical contribution Revenue is mostly recurring through continued supply contracts across diverse industries. |
Our industry position Recognized distributor with rapidly growing revenues; diversified portfolio strengthens market position in specialty chemicals distribution. |
Financial highlights FY25 revenue Rs 2201.62 Cr (+43.5% YoY), Profit Rs 48.11 Cr (+60%), robust EBITDA margin ~3.9%, expanding profitably. |
Geographical revenue split Revenue primarily from Indian domestic market with international procurement operations. |
Order book - |
Whats driving growth Expanding product portfolio, broadening client base, strong supplier relationships, and listed status improving market access. |
Our future plans Expand product range, deepen market penetration, diversify business segments, optimize working capital, and enhance supply chain logistics. |
Our green promise - |
Our people and values Led by experienced management, fostering strong governance, customer focus, and operational excellence. |
Key challenges ahead Rising input costs, regulatory changes, and maintaining supply chain efficiency amidst global market fluctuations. |
Interesting facts IPO oversubscribed 104 times in 2024; recognized for business ethics; product portfolio grew from 21 to 39 items in 3 years. |
Risks and strategy Mitigate supply chain risks via diversified sourcing; focus on operational efficiency and compliance for sustained growth. |
