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Anupam Rasayan (NSE, BSE: ANURAS), one of India’s leading custom synthesis & speciality chemical players, has signed Letter of Intent worth revenue of ~$90 Mn (Rs.743 crores) over next 7 years with one of the leading Japanese company to supply two advance intermediates using fluorination chemistry. These molecules will be manufactured in our existing as well as soon to be commercialised fluorination plants. Speaking about the LOI, Anand Desai, Managing Director of Anupam Ras...
Anupam Rasayan signs LOI with Prominent Japanese Multinational worth ~$90 Mn (~Rs 743 crores)
During Q3FY24, Anupam Rasayan’s (Anupam’s) cons. Revenues/EBITDA/PAT plummeted 24.6%/26.4%/54.8% QoQ and 24.6%/28.9%/57.1% YoY impacted by year-end seasonality coupled with challenges in global agrochemicals. Nonetheless, the company was able to maintain its EBITDA margins at 26.8%. As per the management, headwinds in global agrochem are expected to impact near term performance while revenue pick up is expected from 1HFY25E. Anupam’s product launch momentum continued in Q3 w...
Sell Anupam Rasayan Ltd For Target Rs.652 - Centrum Broking Ltd
Anupam Rasayan (NSE, BSE: ANURAS), one of India’s leading custom synthesis & speciality chemical players, has signed Letter of Intent worth revenue of $61 Mn (?507 crores) for next 9 years with one of the leading Japanese Chemical company to supply new age polymer intermediate. The supply will commence in CY2024. This product will be manufactured in our existing and new multipurpose manufacturing facilities. Speaking about the LOI, Anand Desai, Managing Director of...
Anupam Rasayan signs Letter of Intent worth Rs 61 Million (Rs 507 crores) with one of the Leading Japanese Multi National Chemical Company
Anupam Rasayan India Limited (“Anupam Rasayan”) (NSE: ANURAS, BSE:543275), one of India’s leading custom synthesis & speciality chemical player, has been honoured with the prestigious Confederation of Indian Industry (CII) Award for Best Industry Practice in Waste Management. The evaluation process for this award included key components such as waste management strategies, a sustainable and innovative business model, and the Company's future plans. The C...
Anupam Rasayan wins CII 3R Award for Best Industry Practices for Managing Own Waste
Anupam Rasayan India Limited, one of the leading companies engaged in the custom synthesis and manufacturing of specialty chemicals, has announced a significant stride in its global footprint with the registration of a wholly-owned subsidiary in Tokyo, Japan. The new entity, "Anupam Japan GK," solidifies the company's commitment to expanding its operations internationally, especially in Japan which is one of its target markets. From its humble beginnings in Japan, Anupam has ...
Anupam Rasayan India Forays in Japan with Wholly Owned Subsidiary `Anupam Japan GK`
Anupam Rasayan India Ltd. (BSE- 543275, NSE- ANURAS, ISIN: INE930P01018), one of India’s leading custom synthesis and specialty chemical player, has announced its financial results for the quarter and half year ended September 30, 2023. Consolidated Financial Highlights for quarter ended September 30, 2023: * Total revenue for Q2FY24 was at ?3,956 million as compared to ?3,831 million in Q2FY23; up 3% YoY. * EBITDA (incl. other income) was at ?...
Anupam Rasayan India Limited Reports Q2 & H1 FY24 Results
Anupam Rasayan (NSE, BSE: ANURAS), one of India?s leading custom synthesis & speciality chemical player, has signed three Memorandums of Understanding (MoUs) with the Government of Gujarat for afforestation on a total land area of 150 hectares ? 50 hectares located in Narmada district, 50 hectares located in Tapi District and 50 hectares located in Surat District. This project will be a part of Green Belt Development Drive by development of various lands earmarked by the Gujarat governmen...
Anupam Rasayan signs three Memorandums of Understanding (MoUs) with Government of Gujarat, a collaboration for afforestation
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