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Sudarshan Chemical Industries Stock Fundamental Analysis - Financial Results & Equity Research | Invest Yadnya Stock-o-Meter

Sudarshan Chemical Industries

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Highlights

Performing rate for the company

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Relaince Group

Sector: Refineries

Market Price

2,529.50

Market Cap(₹Cr.)

2,529.50

-90.00

Quarterly Results ( Figures in Rs. Crores.)

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Shareholders more than 1%

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Documents

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Overview

Sudarshan Chemical Industries began its business of manufacturing pigments in 1952. They started their business with a handful of inorganic pigments. They have thrived with a breadth of merchandise that covers traditional azo pigments, high-performance pigments, effect pigments, and pigment dispersions. They essentially serve the coatings, plastics, inks, and cosmetics markets. They built their first production plant in Roha in the year 1973. Initially, they built two manufacturing units in Roha and Pune. Later on, they started a new Production plant in Mahad built in 1993 and transferred the one in Pune to Mahad and Roha. With their vision to be a world-class global solution provider with a vibrant and innovative culture, Sudarshan holds up high values and ethics. The company has a high global reach, and is active in over 85 countries and employs around 3260 employees. They have over 170 channel partners globally to achieve a consistently high level of service. The company is listed in Bombay and the National stock exchange.



MERGERS AND ACQUISITIONS

Sudarshan established a wholly-owned subsidiary in China in the year 2015.

Sudarshan Chemical Industries Ltd entered into an asset purchase agreement with Germany-based Eckart GmbH and its affiliates (part of the Altana Group) to buy out its cosmetics portfolio in 2018.

 

SERVICES

Sudarshan Chemical Industries Ltd. manufactures and sells pigments and agrochemicals. They are the largest pigment producer in India and have been prominent in global markets for over 60 years. They have an expansive product range of pigments in the given fields-

  •  Coatings - they offer the complete palette, colours for everyday use, lasting durable colour, and special effects.
  •  Plastics- their pigments are suitable for Polyolefins, PVC/PVC Leather, Engineering Plastics, PP Fiber, Nylon 6, PBT/PET.
  •   Inks- they offer publication and commercial printing inks for magazines, direct mail and other commercial printing.
  •   Cosmetics- Pearlescent & inorganic pigments designed to highlight the beauty within.



MILESTONES

They started a production plant in Mahad in 1993 for Phthalocyanines & Effect Pigments.

The tenure from 2006 to 2016 was really fruitful for Sudarshan as they started their global operations in Europe and the USA. They sized up infrastructure to world-class standards and drastically enhanced the portfolio with High-Performance Pigments and Effects for Cosmetics.

In the tenure 2006-2016, Sudarshan Chemical Industries set up their first research and development centre in Sutarwadi, India.

 

AWARDS AND RECOGNITIONS

Both of their production facilities are 5 Star Certified by the British Safety Council & also awarded the prestigious Sword of Honour.

National Safety Award for outstanding performance in Industrial Safety as Runner-up in achieving the Lowest Average Frequency Rate (1999, 2000) by Ministry of Labour, Government of India, New Delhi.

National Safety Council of India, Mumbai, gave Sudarshan Chemicals Certificate for Meritorious Performance in Industrial Safety (1996, 1997, 1998, 1999, 2007, 2008, 2009, 2010).

Sudarshan chemical industries received Federation Of Indian Chambers of Commerce & Industry (FICCI) Safety Awards (2011).

Sudarshan Chemical Industries has received the Global WasteMet Award 2018 – Gold Category for outstanding achievements in Waste Management & Innovative Clean Enviro-Solutions.

Our Roha unit has been recognized in the Chemical & Fertilizers Industrial Group for achieving the lowest accident frequency rate, the longest accident-free period, and excellent results in the field of Health & Safety for the year 2017.

 

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Brands Of Sudarshan Chemical Industries

Brands Of Sudarshan Chemical Industries

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