India Glycols Limited, established in 1988, is a prominent Indian company engaged in the manufacturing of green technology-based products. Its diverse portfolio includes bulk chemicals, specialty chemicals, performance chemicals, natural gums, spirits, industrial gases, sugar, and nutraceuticals. Originally incorporated as UP Glycols Limited, the company rebranded to India Glycols Limited in September 1986. It is currently controlled by the Delhi-based Bhartia family and has cultivated a strong reputation as a leading player in India's chemical and alcoholic beverages industries.
The company is a leading manufacturer of Glycols, Ethoxylates, Performance Chemicals, Glycol Ethers & Acetates, Guar Gum, and Potable Alcohol. Notably, India Glycols holds the distinction of being the first company globally to produce Ethylene Oxide (EO) / Mono Ethylene Glycol (MEG) from a renewable agro-based route using molasses, a process it has employed since 1989. This pioneering approach underscores the company's deep commitment to sustainability and environmentally friendly manufacturing practices.
India Glycols operates across a broad spectrum of business segments, offering a comprehensive product portfolio that caters to a wide array of industries. These sectors include Textile, Agrochemical, Oil & Gas, Personal Care, Pharmaceuticals, Brake Fluids, Detergent, Emulsion Polymerisation, and Paints. The company's extensive product range encompasses glycols, ethoxylates, performance chemicals, glycol ethers and acetates, guar gum, and potable alcohol.
A significant highlight within the company's consumer products segment is its successful alcoholic beverage brand. India Glycols achieved a remarkable milestone by selling 18.3 million cases of its popular alcoholic beverage brand, "Bunty Bubbly," in FY 2024-25. This achievement was recognized by the India Book of Records and the Asia Book of Records, testament to the company's strong presence and success in the consumer market.
India Glycols has showcased robust financial performance in recent quarters. For the Financial Year ending March 31, 2025, the company reported a total income of ₹9,053.50 crores, an increase from ₹7,947.27 crores in the preceding year. Net profit for FY 2025 stood at ₹230.92 crores, an improvement from ₹172.99 crores in FY 2024. The company's Earnings Per Share (EPS) also saw a healthy rise, improving to ₹74.58 in FY 2025 from ₹55.87 in FY 2024.
The quarterly financial results have also been impressive. For Q4 FY2025, the company posted a net profit of ₹64.02 crores, compared to ₹56.81 crores in Q3 FY2025. India Glycols Ltd's net profit experienced a substantial year-over-year jump of 51.67%, reaching ₹64.02 crores in Q4 of the 2024-2025 fiscal year.
Key financial metrics for recent periods include:
- FY 2025 Revenue: ₹9,053.50 crores
- FY 2025 Net Profit: ₹230.92 crores
- FY 2025 EPS: ₹74.58
- Q4 FY2025 Revenue: ₹2,190.24 crores
- Q4 FY2025 Net Profit: ₹64.02 crores
India Glycols holds a market capitalization of ₹6,451 crores. As of March 2025, the promoter holding in India Glycols stands at 61.01%. The company has demonstrated its ability to generate strong returns for shareholders, with its share price experiencing a significant surge of 127.00% over the past 12 months on the BSE.
The stock has exhibited considerable momentum in recent periods. Within the last month, India Glycols' share price increased by 8.55% on the BSE, and over the last three months, it has risen by an impressive 65.28% on the BSE. The stock's 52-week high is recorded at ₹2,139.30, while its 52-week low is ₹903.75.
India Glycols has made substantial investments to enhance its operational capabilities. The company has actively pursued several expansion projects, including the establishment of a new industrial gas plant, a 500 EOU (Export Oriented Unit) for the manufacture of Guar Gum powder derivatives, a distillery plant, a Chiller Plant, and a Turbo Generator with a capacity of 12 MW. Additionally, the company has expanded the capacity of its Glycol Ether division to 44,000 MT.
The company commenced production at its newly established facility for manufacturing RAB on February 1, 2006. Its industrial gases plant, equipped with capacities for Oxygen (10,400 NM3/Hr), Nitrogen (2,828 NM3/Hr), and Argon (232 NM3/Hr), became operational in January 2006. A new distillery plant with an annual production capacity of 66,000 KBL was set up in Gorakhpur, Eastern UP, and commissioned in March 2006.
India Glycols is actively diversifying its business operations, venturing into herbal farming and establishing a Herbal Extraction unit. The company has leased herbal farms from the Uttaranchal State Government and is also setting up a Herbal Extraction unit in collaboration with foreign technology.
To bolster its technological capabilities, the company has forged strategic partnerships. It previously had technical tie-ups with Scientific Design Company, USA, and Sanyo Chemical Industries, Japan, to leverage their expertise and import world-class technology for Industrial Surfactants.
India Glycols stands as a diversified chemical manufacturer with robust market positions across multiple segments. Its innovative green technology, commitment to sustainable manufacturing practices, strong financial performance, strategic expansion initiatives, and successful consumer products portfolio position it favourably for continued growth in the Indian chemical and consumer goods markets.
