List of Top Petrochemical Companies in India: Let is first understand what is Petrochemicals, It is nothing but chemicals that work well with many products. They consist of hydrocarbon which is extracted and separated from natural gas and petroleum. In this article, we are going to talk about some of the best petrochemical companies in India. Are you curious to know more? Then simply keep reading.
Formation Of Petrochemicals
Petrochemical companies are responsible for converting natural resources to petrochemicals and they are used as components to manufacture a host of other products. The process is quite complex and usually, such companies are equipped to cater to the ever-growing industry and its demands.
The whole process needs to consume a lot of energy and has a distillation stage too. In this stage, hydrocarbons are extracted from fossil fuels. These hydrocarbons are forwarded to a facility called the cracker. It is at this facility that they are converted to chemicals which are called feedstock.
How Is Petrochemical Used?
Here is a list that will give you an idea of the usage of petrochemicals.
- Coatings and Paintings
- Dyes
- Adhesives
- Synthetic fibers
- Rubber
- Detergents
- Products for carpets
- Fertilizers
- Pesticides
- Plastics
- Food Preservatives
- Films
- Resins
- Hydrocarbons
List Top 10 Petrochemical Companies in India
Here is a comprehensive list of the best petrochemical companies within India:
FinolexInd
Finolex is among the top Petrochemicals company in India that is known for manufacturing PVC pipes. The pipes made by this company are strong and have superior quality. The factories in Gujarat, Ratnagiri, and Pune use sophisticated technology. The company has received an ISO 9001 in the year 2008. The company is increasing its product portfolio. The company has warehouses in Cuttack and Chinchwad.
- Market Cap (Rs Cr.): 8,668
- Book Value (Rs): 184
- Face Value (RS): 10.00
Profit & Loss (Rs. Crores)
- Mar 20: 324
- Mar 19: 350
- Mar 18: 299
- Mar 17: 352
2020 Quarterly Result (in Rs. Crores)
- June Net Profit: 55
- September Net Profit: 120
Kama Holdings
KAMA Holdings have various sectors like packaging film, polymers business, Chemicals, and textile business. The company also has few commercial properties in Mumbai and Gurgaon. The company has experienced tremendous growth over the last few years and has gained a tremendous presence in the petrochemical industry.
- Market Cap (Rs Cr.): 3,726
- Book Value (Rs): 4,814
- Face Value (RS): 10.00
Profit & Loss(Rs. Crores)
- Mar 20: 530
- Mar 19: 340
- Mar 18: 244
- Mar 17: 321
2020 Quarterly Result (in Rs. Crores)
- June Net Profit: 93
- September Net Profit: 165
Supreme Petro
This company has two well-equipped factories at Nagothane and Amdoshi. The company exports its products to over 100 countries all over the world. The company has received an ISO 45001, 14001, 9001 for its operations.
- Market Cap (Rs Cr.): 4,680
- Book Value (Rs): 73.0
- Face Value (RS): 10.00
Profit & Loss(Rs. Crores)
- Mar 20: 103
- Mar 19: 49
- Mar 18: 116
- Mar 17: 179
2020 Quarterly Result (in Rs. Crores)
- June Net Profit: -12
- September Net Profit: 86
NOCIL Ltd
The company has been making chemicals for the rubber business for more than 40 years. The company makes many chemicals for the rubber industry. The company is known for its high technical abilities, this has put the company ahead of the other competitors. The company uses sophisticated technology to produce high-quality products.
- Market Cap (Rs Cr.): 2,890
- Book Value (Rs): 73.4
- Face Value (RS): 10.00
Profit & Loss (Rs. Crores)
- Mar 20: 131
- Mar 19: 185
- Mar 18: 170
- Mar 17: 97
2020 Quarterly Result (in Rs. Crores)
- June Net Profit: 12
- September Net Profit: 17
Savita Oil Tech
The company was started in the year 1961 by Devichand Mehra. The first factory was set up in Sakinaka in the year 1961 and it made liquid paraffin. It commenced making petroleum jelly in the year 1995.
- Market Cap (Rs Cr.): 1,418
- Book Value (Rs): 652
- Face Value (RS): 10
Profit & Loss (Rs. Crores)
- Mar 20: 96
- Mar 19: 114
- Mar 18: 126
- Mar 17: 94
2020 Quarterly Result (in Rs. Crores)
- June Net Profit: 38
- September Net Profit: 11
Here is the Pharma Companies in India.
BhansaliEng
The company started in the year 1984. They produce ABS at a very low cost without compromising on the quality. BhansaliEng caters to industries that deal with kitchenware, health care, electronics, home appliances, and automobiles. The organization always strives to offer innovative products to customers for reasonable prices.
- Market Cap (Rs Cr.): 2,616
- Book Value (Rs): 23.0
- Face Value (RS): 1.00
Profit & Loss(Rs. Crores)
- Mar 20: 67
- Mar 19: 47
- Mar 18: 100
- Mar 17: 35
2020 Quarterly Result (in Rs. Crores)
- June Net Profit: -1
- September Net Profit: 36
INEOS Styro
This company is a prominent supplier of global styrene and it mainly focuses on ABS, polystyrene, and styrene monomer. The company maintains well-equipped factories and has experience of over 8 decades. The company is always at the forefront of providing its clients with effective solutions to stay ahead in the industry.
- Market Cap (Rs Cr.): 1,793
- Book Value (Rs): 355
- Face Value (RS): 10.00
Profit & Loss (Rs. Crores)
- Mar 20: -10
- Mar 19: -12
- Mar 18: 66
- Mar 17: 69
2020 Quarterly Result (in Rs. Crores)
- June Net Profit: -20
- September Net Profit: 36
DCW
The company was established in 1925 in Gujarat and would make soda ash. The factory was acquired in 1939. From 1959 the company started experienced tremendous growth. The company started three factories between the years 1965 and the year 1970. From experiencing small beginnings the company has firmly cemented its place within the petrochemical industry.
- Market Cap (Rs Cr.): 782
- Book Value (Rs): 25.6
- Face Value (RS): 2.00
Profit & Loss (Rs. Crores)
- Mar 20: -27
- Mar 19: -4
- Mar 18: -20
- Mar 17: 20
2020 Quarterly Result (in Rs. Crores)
- June Net Profit: -9.84
- September Net Profit: 0.96
Manali Petro
This company has been in business since the year 1986 and it develops newer and updated products for industries dealing in pharmaceuticals, paints, footwear, furniture, fragrances, food, bedding, automotive, and appliances. The company focuses on maintaining its strong foothold in the industry by indulging in innovation.
- Market Cap (Rs Cr.): 1,247
- Book Value (Rs): 26.8
- Face Value (RS): 5.00
Profit & Loss (Rs. Crores)
- Mar 20: 39
- Mar 19: 65
- Mar 18: 55
- Mar 17: 42
2020 Quarterly Result (in Rs. Crores)
- June Net Profit: 18
- September Net Profit: -1
Dhunseri Ventur
Initially, this company dealt in tea cultivation but then in 2009 this company. The company employs state-of-the-art technology and tries to offer the best products. The company has gained a lot of popularity in the industry and experts have predicted that this company is likely to experience further growth.
- Market Cap (Rs Cr.): 327
- Book Value (Rs): 391
- Face Value (RS): 10.00
Profit & Loss (Rs. Crores)
- Mar 20: -55
- Mar 19: 33
- Mar 18: 52
- Mar 17: 599
2020 Quarterly Result (in Rs. Crores)
- June Net Profit: 2
- September Net Profit: 49
List of Top 10 Petrochemical Companies in India
| Sl. No. | Company Name & Address | Website |
| 1 | FinolexInd
Pune, Maharashtra |
http://www.finolex.com/ |
| 2 | Kama Holdings
Delhi |
https://www.kamaholdings.com/ |
| 3 | Supreme Petro
Mumbai, Maharashtra |
https://www.supremepetrochem.com/ |
| 4 | NOCIL Ltd
Mumbai, Maharashtra |
http://www.nocil.com/ |
| 5 | Savita Oil Tech
Mumbai, Maharashtra |
https://www.savita.com/ |
| 6 | BhansaliEng
Mumbai, Maharashtra |
https://www.bhansaliabs.com/ |
| 7 | INEOS Styro
Vadodara, Gujarat |
https://www.ineos-styrolution.com/ |
| 8 | DCW
Mumbai, Maharashtra |
http://www.dcwltd.com/ |
| 9 | Manali Petro
Chennai, Tamilnadu |
https://manalipetro.com/ |
| 10 | DhunseriVentur
Kolkata, West Bengal |
http://www.aspetindia.com/
|
So, these are some of the best petrochemical companies in India and over the years they have grown quite a bit. They have created countless jobs and make a substantial contribution to the economy. These companies have decades of experience and they employ qualified engineers who know how to use sophisticated technology to enhance the production process.
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