About Shree Pushkar Chemicals & Fertilisers Limited

Shree Pushkar Chemicals & Fertilisers Limited is a publicly listed Indian company headquartered in Mumbai, engaged in the integrated manufacturing of chemicals, dyes, dye intermediates, and fertilisers. The company serves a wide customer base ranging from individual farmers to multinational corporations. Its product portfolio comprises Reactive Dyes, dye intermediates such as H‑Acid, Vinyl Sulphone, Sulpho Para Base, K‑Acid, and Gamma Acid; industrial acids including Sulphuric Acid (98% and 70%), Oleum (23% and 65%), and Chloro Sulphonic Acid; as well as a diverse range of fertilisers and soil conditioners. These products cater to agriculture, textile, and industrial sectors across India and export markets.

The company, headquartered at 301/302, 3rd Floor, Atlanta Center, Sonawala Road, Goregaon (East), Mumbai – 400063, operates 11 manufacturing plants and 9 offices across India. It serves customers in 14 Indian states and exports its products to five countries. Exports accounted for 8.71% of the total turnover in FY 2024–25. Shree Pushkar also holds key industry certifications and credentials, such as ZDHC Gateway registration and Global Organic Textile Standard (GOTS) approval, which bolster its compliance with international environmental and sustainability norms. On a consolidated basis, the Group includes two subsidiaries as of March 31, 2025.

Over the years, the company has expanded through capacity addition, diversification, and renewable energy adoption. Key historic actions include expansion of its fertiliser operations in Madhya Pradesh (2021), commissioning of new solar plants (2024–25), and the establishment of Unit VI in the fertiliser vertical. These steps have positioned Shree Pushkar as an integrated chemical, dye, and fertiliser manufacturer aligned with India’s sustainability and self-reliance goals.

Key Milestones of Shree Pushkar Chemicals & Fertilisers Limited

• 2011–2015 – Diversified into a full-value chemical and dye intermediate process chain, integrating upstream and downstream manufacturing.
• 2021 – Expansion and acquisition-driven growth, including a new fertiliser unit in Madhya Pradesh and commissioning of its first solar project.
• 2024 – Initiated Unit VI under the fertiliser vertical along with WS plant setup and commissioning of additional solar energy capacity.
• 2025 – Completed a 3.8 MW DC solar power plant, launched a 10 MW DC solar project, and initiated an additional 1.1 MW DC plant at KPPL to support renewable energy objectives.
• Industrial and sustainability credentials reinforced through ZDHC Gateway registration and GOTS certification, in line with international regulatory benchmarks.

Shree Pushkar Chemicals & Fertilisers Limited Business Verticals and Geographic Presence

Business Verticals (FY 2024–25):

• Chemicals – 52.40% of total turnover, comprising Reactive Dyes, Dye Intermediates, and Industrial Acids.
• Fertilisers – 47.60% of total turnover, covering Single Super Phosphate, Mixed Granulated Fertilisers, Soil Conditioners, and allied agricultural inputs.
• Product Mix – Chemicals, Dyes, and Intermediates (52.40%); Fertiliser and Allied Products (40.83%); and Cattle Feeds (6.77%).

Geographical Reach:

• Domestic Market – Presence across 14 Indian states via 11 functional manufacturing plants and 9 regional offices.
• International Market – Exported to 5 countries, contributing 8.71% of total turnover in FY 2024–25.
• All fixed assets are located in India, underpinning a fully domestic manufacturing base.

Shree Pushkar Chemicals & Fertilisers Limited Key Management

• Punit Gopikishan Makharia – Chairman & Managing Director
• Gautam Gopikishan Makharia – Joint Managing Director
• Deepak Beriwala – Chief Financial Officer
• Pankaj Manjani – Company Secretary

Latest Updates on Shree Pushkar Chemicals & Fertilisers Limited

• Solar capacity development: Commissioned a 3.8 MW DC solar plant and initiated a 10 MW DC solar project, complemented by a 1.1 MW DC plant at KPPL. Additionally, a 9.52 MW solar installation at Ahilyanagar was completed to reduce dependence on grid power and strengthen renewable energy usage.
• Capacity expansion: Expanded fertiliser operations through Unit VI and commissioned an additional 32,000 MTPA capacity across its subsidiary facilities. A GSSP plant was set up and commissioned at the Deewanganj unit.
• Product diversification: Continued emphasis on enhancing the dye intermediate and industrial acid segments, improving integration benefits and margin stability.
• Export traction: Achieved steady growth in overseas business, with export share rising to 8.71%, supported by global demand for Reactive Dyes and intermediates.
• Quality and sustainability: Retained ZDHC Gateway registration and GOTS approval, evidencing adherence to global compliance norms for environment-friendly manufacturing and product traceability.
• Strategic initiatives: Continued focus on raw material security, particularly rock phosphate sourcing, alongside renewable energy-led cost optimisation strategies.