About Chemcon Speciality Chemicals Limited

Chemcon Speciality Chemicals Limited is an Indian manufacturer of speciality chemicals incorporated on December 15, 1988. The Company focuses on organic and inorganic chemistries, producing Hexamethyl Disilazane (HMDS), Chloromethyl Isopropyl Carbonate (CMIC), Bromobenzene, inorganic bromides and other 2-bromo industrial solvents used across pharmaceuticals, oilfield completion fluids, and agro-chemicals. Its manufacturing operations are concentrated at Manjusar, near Vadodara, Gujarat, where nine individual operational plants are co-located at a single site owned by the Company. Chemcon serves customers across 14 States in India and exports to 14 Countries, reflecting a diversified domestic and international footprint. As of March 31, 2025, the Company had 237 permanent employees. It is listed on both BSE and the National Stock Exchange of India, with listing dated October 01, 2020. The Company has 0 subsidiaries, joint ventures or associate companies. In FY 2024-25, Chemcon underscored operational resilience, noting an improvement in PAT margin to 11.86% and basic EPS of Rs 6.68.

Products and services:

• HMDS and CMIC (primarily for pharmaceutical applications).
• Bromobenzene (agrochemical intermediate).
• Inorganic bromides for oilfield completion fluids.
• Other 2-bromo industrial solvents for aromatic and fine chemical syntheses.

Geography and infrastructure:

• Single manufacturing campus with nine operational plants at Manjusar, near Vadodara, Gujarat.
• Markets served: 14 States (India) and 14 Countries (exports).

Key milestones of Chemcon Speciality Chemicals Limited

• Incorporation on December 15, 1988.
• Listing on BSE and NSE on October 01, 2020.
• PAT margin improved to 11.86% and basic EPS at Rs 6.68 in FY 2024-25.

Chemcon Speciality Chemicals Limited Business Segments

• The Company operates a single reportable segment: Manufacturing of Specialised Chemicals.
• Geographic mix: Exports contributed 37.17% of turnover in FY 2024-25.

Chemcon Speciality Chemicals Limited Key Management

• Kamalkumar Rajendra Aggarwal, Chairman & Managing Director
• Naresh Vijaykumar Goyal, Joint Managing Director
• Navdeep Naresh Goyal, Whole-time Director
• Rajesh Chimanlal Gandhi, Whole-time Director and Chief Financial Officer
• Himanshu Prafulchandra Purohit, Whole-time Director
• Rajveer Kamal Aggarwal, Non-Executive Director (Non-Independent)
• Shahilkumar Maheshbhai Kapatel, Company Secretary & Compliance Officer

Latest Updates on Chemcon Speciality Chemicals Limited

• Board change: Appointment of Naresh Vijaykumar Goyal as Joint Managing Director (effective August 03, 2024).
• Credit rating: CRISIL BBB+/Negative reaffirmed as at March 31, 2025.
• Customer concentration: In FY 2024-25, no single customer contributed more than 10% of the Company’s revenues (previous year: one customer).
• Strategy and operations: The Company emphasised operational excellence, technology upgradation, introduction of value-added products and deeper market penetration during FY 2024-25, while diversifying its supply chain with alternate sourcing partners.
• Manufacturing footprint: Nine individual operational plants remain consolidated at the Manjusar location, dedicated to specific products.