What we do Stallion India Fluorochemicals Limited manufactures specialty industrial gases focused on Hydrofluorocarbons and Hydrofluoroolefins for diverse industries including automotive, refrigeration, pharmaceuticals, and defense. |
Founded in 2,002 |
Market share A leading player in India's fluorochemical industrial gases market with strategic plants across key regions. |
Problem solved Provides safer, environmentally compliant refrigerant and industrial gases to help industries meet global regulatory standards and enhance product performance. |
Top clients or who we serve Automobile manufacturers, air-conditioning & refrigeration OEMs, pharmaceutical companies, defense sector, and semiconductor manufacturers; primarily B2B clients. |
Key management Shazad Sheriar Rustomji (Chairman, CEO & Managing Director) |
Our journey and innovations Since 1992, pioneered standalone HFC debulking in India; introduced next-gen HMPE ropes with Indian Navy; commercialized HFO-1234yf to support export compliance. |
Where we operate Operations across Maharashtra, Haryana, Rajasthan; serves pan-India markets with global export compliance focus. |
Top products or what we offer Specialty gases: HFCs, HFOs, HCFC blends, refrigerants like HFO-1234yf, Isobutane; flammable gases; blending and bottling services. |
Top brands Key industrial gases comply with European F-gas regulations, serving as primary refrigerant solutions for Indian OEMs and defense sectors. |
Raw materials needed Hydrofluorocarbon chemicals and hydrocarbons used for specialty gas production and blends. |
Raw materials supplier Supplied by chemical manufacturers; specific suppliers not disclosed publicly. |
Recurring vs cyclical contribution Revenue largely recurring through industrial gas supply contracts with steady demand from automotive and refrigeration sectors. |
Our industry position Market leader in specialized fluorochemicals for refrigerants and industrial gases in India, expanding through advanced plants and product range. |
Financial highlights FY2024-25 Revenue: Rs 377.45 crore; Net Profit: Rs 32.33 crore; EBITDA margin: 13.11%; strong net worth of Rs 300.84 crore. |
Geographical revenue split Primarily domestic Indian markets with plants in Maharashtra, Haryana, Rajasthan; export focus not detailed. |
Order book - |
Whats driving growth Demand from automotive OEMs for compliant refrigerants, expansion into flammable gas blends, government regulations on F-gas reduction drive growth. |
Our future plans Capacity expansions, product portfolio diversification, investments in green refrigerant gases and blending facilities to capture emerging market needs. |
Our green promise Supports environmental regulations by supplying eco-friendly refrigerants compliant with European F-gas rules; ongoing initiatives to reduce carbon footprint. |
Our people and values Committed to employee welfare, ethical practices, gender inclusion, zero tolerance for harassment, fostering innovation-driven culture. |
Key challenges ahead Regulatory changes, raw material price volatility, global competition, and maintaining technological edge in specialty gases. |
Interesting facts First Indian company to commercialize HFO-1234yf refrigerant aiding auto export compliance; longstanding partnership with Indian Navy since 2009. |
Risks and strategy Mitigates risks via diversified product mix, strategic plant locations, compliance focus, and continual innovation to stay competitive. |
