Vinyl Chemicals (I) Ltd (VINYLINDIA) Share Price & Fundamentals

What we do

Vinyl Chemicals (I) Ltd trades primarily in Vinyl Acetate Monomer, a key chemical used in adhesives and polymers, serving mainly manufacturing industries.

Founded in

1,986

Market share

A leading trader of Vinyl Acetate Monomer with significant offtake by Pidilite Industries and other group companies.

Problem solved

Supplies crucial chemicals enabling production of adhesives, resins, and polymers essential for diverse industrial applications.

Top clients or who we serve

Serves chemical manufacturers, including Pidilite Industries; operates in B2B chemical trading.

Key management

M.B. Parekh serves as Chairman and Managing Director, bringing experienced leadership from the Parekh Group.

Our journey and innovations

Pioneered VAM manufacture from petrochemical ethylene via German technology; capacity expanded to 24,500 TPA by 2002.

Where we operate

Operations mainly in India with technology support from Germany; supplies to domestic and industrial sectors.

Top products or what we offer

Vinyl Acetate Monomer trading is core; used in polyvinyl acetate, polymers, adhesives, and fibers.

Top brands

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Raw materials needed

Petrochemical ethylene is the primary raw material used for VAM manufacture.

Raw materials supplier

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Recurring vs cyclical contribution

Revenue mostly recurring from established customer base in chemical industry trading.

Our industry position

Among the first in India for direct VAM production and a key distributor in the sector.

Financial highlights

FY2024-25 revenue Rs 625 crore with net profit Rs 22.33 crore, showing steady financial health.

Geographical revenue split

Revenue predominantly from Indian chemical industry markets.

Order book

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Whats driving growth

Growth driven by steady demand for adhesives and polymers, and expanded capacity post debottlenecking.

Our future plans

Maintaining capacity with focus on market stability and leveraging group synergies; no major expansions announced.

Our green promise

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Our people and values

Committed to governance, employee engagement, with structured risk and compliance systems.

Key challenges ahead

Market fluctuations, exchange rate variability, and chemical industry cyclicity pose ongoing challenges.

Interesting facts

First Indian company to produce VAM directly from petrochemical ethylene using German technology.

Risks and strategy

Mitigates market and operational risks through strong governance and maintaining technology partnerships.