Kanoria Chemicals and Industries Ltd (KCIL), incorporated in December 1960, is a leading chemical manufacturing company in India, specializing in alcohol chemicals and chloro chemicals. As the flagship company of the S. S. Kanoria group from Kolkata, KCIL has diversified interests spanning chemicals, petrochemicals, textiles, and jute. The company primarily manufactures chemical intermediates and specialties, with a strategic focus on products serving the infrastructure and construction sectors. Its business verticals encompass chemical manufacturing, renewable energy generation, automotive & industrial electronics, and textiles.
The company operates through two primary segments: Alco Chemicals and Solar Power. The Alco Chemicals segment produces a range of products including Pentaerythritol, Sodium Formate, Acetaldehyde, Formaldehyde, Hexamine, and Resins. The Solar Power segment focuses on electricity generation. Kanoria Chemicals & Industries Ltd (KANORICHEM) is positioned within the Materials sector, specifically the Specialty Chemicals sub-sector.
KCIL operates three chemical manufacturing facilities. One facility is located in Ankleshwar, Gujarat, which specializes in alcohol-based intermediates. Two other plants are situated in Andhra Pradesh: one in Visakhapatnam, producing Formaldehyde, Hexamine, and Phenolic Resins, and another in Naidupeta, manufacturing Formaldehyde. Additionally, the Renukoot Chemical Works in Uttar Pradesh is a fully integrated chemical complex focused on chloro chemicals, including alkali products like Caustic Soda and its co-product Chlorine, along with Lindane and Aluminium Chlorate. This Renukoot unit was established in collaboration with Krebs & Company, Switzerland, for the production of caustic soda.
As of 30th June 2025, Kanoria Chemicals & Industries Ltd has a market capitalization of ₹417.66 Crore. Promoter holding remained stable at 74.40% as of March 2025. The stock's 52-week trading range saw a high of ₹176.90 and a low of ₹73.01.
For the full financial year ended March 2025, the company reported a net loss of ₹83.60 crore, an increase from the net loss of ₹38.40 crore recorded in the previous year ended March 2024. Sales saw a moderate rise of 4.18% to ₹1536.71 crore for the year ended March 2025, compared to ₹1475.05 crore in the prior year.
In the quarter ended March 2025, Kanoria Chemicals & Industries reported a net loss of ₹36.38 crore, compared to a net loss of ₹9.26 crore in the corresponding quarter of the previous year (ended March 2024). Sales increased by 19.39% to ₹431.42 crore for the quarter ended March 2025, up from ₹361.35 crore in the March 2024 quarter.
For the quarter ended December 2024, the company reported a net loss of ₹16.67 crore, an increase from the net loss of ₹8.13 crore in the December 2023 quarter. Sales grew by 1.69% to ₹347.52 crore in the December 2024 quarter, from ₹341.76 crore in the December 2023 quarter.
- P/E Ratio: -5.00
- P/B Ratio: 0.68
- Sales Growth (5 Years): 8.87% (Poor)
- Return on Equity (3 Years): -6.69% (Low)
- Promoter Pledged Holding: 29.6%
Kanoria Chemicals & Industries Ltd's stock experienced a 4% rise following the announcement of the incorporation of two subsidiaries in Germany and Canada, aimed at enhancing its presence in the automotive sector. The company has filed its Annual Secretarial Compliance Report for the fiscal year ending March 2025, noting minor filing delays without penalties. It also published its Statement of Financial Results (Standalone and Consolidated) for the quarter and year ended 31st March 2025.
The company's product portfolio includes a variety of chemical intermediates vital for the infrastructure and construction industries. Key products manufactured by Kanoria Chemicals & Industries Limited include formaldehyde, pentaerythritol, and hexamine. Its business segments are Alco Chemicals, Solar Power, Electronic Automotive, and Textile.
Kanoria Chemicals & Industries Ltd operates within a specialized chemical manufacturing niche with established production facilities across multiple Indian states. Although the company has encountered profitability challenges in recent financial periods, it has demonstrated steady revenue growth. Furthermore, it has diversified its business interests into renewable energy and automotive electronics. The stable promoter holding and strategic international expansion through newly incorporated subsidiaries indicate a management commitment to long-term growth, despite current financial headwinds.
