Anupam Rasayan India Ltd. has signed a Letter of Intent (LOI) with a leading US multinational company to supply a high-performance specialty chemical used in polymer applications.
The deal, valued at ₹1,697 crore, spans over ten years. It significantly enhances Anupam Rasayan’s position in the global specialty chemicals market.
Expanding into High-End Polymer Applications
The agreement marks a major milestone as Anupam Rasayan expands into advanced polymer applications, including the defence and aeronautics sectors. Managing Director Anand Desai emphasized that the deal reinforces the company’s role as a key supplier of specialized molecules for critical applications.
Expanding Product Portfolio and Manufacturing Capabilities
In Q3 FY25, It has introduced two new products, increasing its total portfolio to 75 specialty chemicals.
The company also invested ₹650 crore in capital expenditure out of a planned ₹670 crore, underscoring its commitment to expanding manufacturing capabilities and meeting growing market demand.
Strong Market Position and Financial Stability
Anupam Rasayan maintains a solid market position with a market capitalization of ₹7,563 crore. Over the past three years, the company achieved 22 per cent sales growth and 21 per cent profit growth. Additionally, the debt-to-equity ratio remains stable at 0.48, reflecting a healthy financial structure.
Positive Outlook for Future Growth
Anupam Rasayan expects a 30-35% revenue increase in FY26. This growth is driven by strong demand in the pharmaceutical, polymer, and agrochemical sectors.
As reported by dsij.in, the contract with the US-based multinational strengthens the company’s global expansion strategy. It positions Anupam Rasayan as a leading player in the specialty chemicals industry.
