Anupam Rasayan India Ltd., one of India’s leading custom synthesis and manufacturing of specialty chemicals, has announced Q3 FY22 revenue of Rs. 271.1 crore, a growth of 43% YoY  

 

EBITDA (including other revenue) at Rs. 80 crore in Q3 FY22 as compared to Rs. 58.8 crore in Q3 FY21, a growth of 36% Y-o-Y. Profit After Tax at Rs. 37.9 crore in Q3FY22 as compared to Rs. 21.6 crore in Q3 FY21, a growth of 75% Y-o-Y.

 

Total revenues reached Rs. 764.3 crore in 9M FY22 as compared to Rs. 563.2 crore in 9M FY21, a growth of 36% Y-o-Y. Profit After Tax at Rs. 106.1 crore in 9M FY22 as compared to Rs. 48.2 crore in 9M FY21, a growth of 120% Y-o-Y.

 

Commenting on the results, Anand Desai, Managing Director, Anupam Rasayan said, “I am pleased to announce that we have delivered a robust quarter registering a total revenue growth of 43% on a year-on-year basis, mostly driven by a healthy volume ramp-up. With new LoIs getting signed and older ones getting converted into long-term contracts, the visibility for top-line growth in the years to come becomes clearer.”

 

“Growth in volumes, value reengineering and internal efficiencies arising out of various initiatives such as commissioning of solar power plants, working capital reduction and backward integration from recently announced acquisition will all act as catalysts of sustained growth in the coming future,” added Desai. 

 

The company caters to a diverse base of Indian and global customers. It is currently manufacturing products for over 68 domestic and international customers, including 25 multinational companies. The company operates via its six manufacturing facilities in Gujarat, India, with four facilities located at Sachin, Surat and two located at Jhagadia, Bharuch with an aggregate installed capacity of about 27,200 MT, as of December 31, 2021.