What we do Thirumalai Chemicals Limited manufactures and markets chemicals like Phthalic Anhydride, Maleic Anhydride, Fumaric Acid, and food-grade acids for global industries. |
Founded in 1,972 |
Market share Among India's leading producers with a strong global presence in chemicals essential for plastics, resins, paints, and food ingredients. |
Problem solved Provides essential chemical intermediates addressing demands in plastics, coatings and food industries, supporting product quality and environmental standards. |
Top clients or who we serve Industries in plastics, pharmaceuticals, cosmetics, food and beverages; serving B2B customers globally including North America, Europe, and Asia. |
Key management Mr. R. Parthasarathy (Chairman & MD, IIT Mumbai alumnus), Mrs. Ramya Bharathram (MD & CFO), with leadership in strategy and global operations. |
Our journey and innovations Founded 1972, expanded manufacturing locations across India, Malaysia, and the US; pioneered efficient maleic anhydride recovery with global partners. |
Where we operate Manufacturing in India, Malaysia, USA; exports primarily to Europe, North America, Asia, and Africa. |
Top products or what we offer Phthalic Anhydride, Maleic Anhydride, Fumaric Acid, Malic Acid, food ingredients, and fine chemicals with global quality certifications. |
Top brands Key products: Phthalic Anhydride - India’s top manufacturer; Maleic Anhydride - Malaysia and new US facilities; Food Acids - globally certified, large-scale production. |
Raw materials needed Raw materials include o-Xylene, n-butane, ethanol and other petrochemical derivatives for chemical synthesis. |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue mix driven by recurring sales to industrial clients; cyclical effects seen from global demand and feedstock prices. |
Our industry position Top 3 global producer of Phthalic Anhydride; one of largest manufacturers of maleic and fumaric acids with established export markets. |
Financial highlights FY24-25 standalone revenue ₹2,152 crores with ₹82 crores PAT; ongoing investments driving near-term margins and future growth. |
Geographical revenue split India contributes ~95% revenue; exports to Europe, North America, Asia, and Africa form ~5%. |
Order book - |
Whats driving growth Capacity expansions in India and US, favorable Indian demand growth, tariffs fostering local production, and product innovation. |
Our future plans Scale up US specialty chemicals plants, consolidate Malaysian operations, and continue ramp-up at Dahej facility in India. |
Our green promise Committed to reducing carbon footprint, water consumption, and waste with robust ESG and zero-liquid discharge systems. |
Our people and values Employs 538 people; emphasis on talent development, leadership training and safety culture expansion globally. |
Key challenges ahead Global tariff volatility, feedstock supply disruptions, margin pressure from imports, and regulatory compliance in expanding markets. |
Interesting facts One of few Indian chemical firms with global food and pharma certifications; pioneering large modular plant construction shipped internationally. |
Risks and strategy Sensitivity to raw material prices and geopolitical risks mitigated by diversified locations, innovation, and strong supplier relationships. |
