Financial Performance Highlights

Full Year FY26 Results:

  • Revenue: ₹317.89 Crore
  • EBITDA: ₹32.14 Crore
  • PAT: ₹18.12 Crore

H2 FY26 Performance (Year-over-Year):

  • Operational Revenue increased by 87.90% YoY to ₹208 Crore
  • EBITDA grew by 80.61% YoY to ₹20.21 Crore
  • Net Profit stood at ₹11.11 Crore, registering 72.78% YoY growth

Operational Highlights

  • Combined installed capacity: 6,600 MT
  • Addition of 150 MT per month capacity in food additives effective October 2025
  • Addition of 400 MT per month capacity in polymer additives effective 1st November 2025
  • Company operated at near 100% capacity utilization during the year

Product Innovation

  • Developed and launched India's first halogen-free flame-retardant additive under brand name 'HOFNIL' in November 2025
  • Designed for XLPE wire and cable industries with focus on safer, sustainable and eco-friendly production
  • Total addressable market (TAM) estimated at USD 1.25 Billion by 2030
  • Current capacity: 400 MT/Month
  • Expected cumulative revenue: ₹200 Crore by end of FY28
  • Received letter of intent from a reputed integrated wires and cables player in India

Expansion Plans

  • Acquired approximately 10 acres of land near Khanna for capacity expansion
  • Planned capacity enhancement from 3,600 MT to 7,400 MT per annum
  • Overall production capacity expected to increase to approximately 19,000 MTPA within next 12 to 18 months
  • Investment in advanced machinery to support operational growth

Management Commentary

Mr. Mohit Jindal, Chairman and Managing Director, stated that the strong performance was driven by product diversification, new product introductions, and operational efficiencies. The company focused on value-added products, efficient execution, and disciplined cost management, resulting in EBITDA and Net Profit growing by approximately 68% and 65% respectively for the full year.

Company Background

  • Originally established as proprietorship concern in 2010, converted to Private Limited in 2022, and to Public Limited company effective 17th December 2024
  • DSIR-recognized R&D unit
  • Diversified portfolio spanning feed additives, food preservatives, polymer additives, and essential industrial chemicals
  • Serves PSUs, cooperatives, and multinational corporations across food & bakery, animal feed, petroleum, plywood, wire and cable industries

Promoter Leadership Team

  • Sunita Rani (58 years): Promoter, Bachelor of Arts graduate, established the business in 2010
  • Mohit Jindal (38 years): Promoter, Chairman & MD, Company Secretary (ICSI, 2009), Commerce graduate from Panjab University, certification from IIM Ahmedabad (2024)
  • Rohit Jindal (36 years): Promoter Director, Bachelor of Commerce, certification from IIM Ahmedabad (2026), oversees production, R&D and purchase
  • Shubham Jindal (29 years): Promoter Director, leads import, merchant trading, sales and business development

Product Portfolio

  • Polymer Additives: Customized additive blends and masterbatches
  • Food & Bakery Preservatives: Nutritional ingredients and preservatives
  • Animal Feed & Nutrition: Mineral and nutritional additives

Strategic Focus Areas

1. R&D-Driven Product Innovation: Developing next-generation specialty products like Omega-3 and Vitamin D2

2. Manufacturing Capacity Expansion: Planned enhancement to 7,400 MT per annum

3. Product Mix Optimization & Efficiency: Enhancing profitability through improved capacity utilization

4. Focus on Sustainable Manufacturing: Expanding eco-friendly product lines

5. Unique Product Selection: Leveraging in-house R&D capabilities

6. Sustainability & ESG: Committing to halogen-free, low-VOC, and circular-chemistry product lines

Market Overview

  • India flame retardants market valued at USD 613.0 million in 2022, expected CAGR of 9.3% from 2023 to 2030
  • Global flame retardant market size accounted for USD 10.11 billion in 2024, expected to reach USD 20.10 billion by 2034 with 7.11% CAGR