Kothari Petrochemicals Limited (KPL), part of the HC Kothari Group, is India's largest producer of various grades of Polyisobutylene (PIB), used in lube oil, plastic, paint, and rubber industries. With offices in Chennai, Manali, and Mumbai, KPL supplies to customers in 20 countries. The company's manufacturing plant situated in Manali, Chennai on the East Coast of India is well connected with two seaports and an airport. The sales distribution network is strategically planned and set-up for catering requirements of every client and their respective operations worldwide.
The company has established itself as a dominant force in the Indian polyisobutylene market, specializing in low molecular weight PIB products. KPL is one of the leading manufacturers of Poly Iso Butylene (PIB) in India with a capacity of 24,000 tonnes per annum, accounting for 90% of the total production.
Kothari Petrochemicals Limited is an India-based company, which is engaged in producing Polyisobutylene in India. The Company has various grades of Polyisobutylene and is present in segments such as lubricant & dispersant, fuel additive, grease, adhesive, sealant, rubber manufacturing, personal care, masterbatch compounding, PVC pipe and fitting.
The Company's products include KVIS - 10, KVIS - 20, KVIS - 30, KVIS - 100, KVIS - 150, KVIS - 200 and PIB R - 01. Each grade serves specific industrial applications: KVIS - 10 has a molecular weight ranging from 900 to 1000. KVIS 20 has a molecular weight ranging from 4500 to 5500. KVIS 30 has a molecular weight polyisobutylene, ranging from 1200 to 1400, and is used by its customers in the Adhesive & Sealant Segment. The document mentions "KVIS" again with molecular weight ranging from 2100 to 2300, which seems to be a general reference or another specific grade.
The market cap of Kothari Petrochemicals Ltd (KOTHARIPET) is ₹986.50 Cr as of 6th June 2025. The company has demonstrated steady financial performance despite market challenges.
The net profit of Kothari Petrochemicals rose 13.83% to ₹17.28 crore in the quarter ended March 2025 as against ₹15.18 crore during the previous quarter ended March 2024. Company has delivered good profit growth of 30.7% CAGR over last 5 years. For the full year, net profit rose 3.20% to ₹65.82 crore in the year ended March 2025 as against ₹63.78 crore during the previous year ended March 2024. Sales declined 4.28% to ₹577.34 crore in the year ended March 2025 as against ₹603.14 crore during the previous year ended March 2024.
• Q4 FY2024-25 Performance: Revenue: ₹152.92 Cr, Net Profit: ₹17.28 Cr
• FY2024-25 Performance: Net Profit: ₹65.82 Cr, Sales: ₹577.34 Cr
• Market Capitalization: ₹986.50 Cr (as of June 6, 2025)
• P/E Ratio: 14.99
• P/B Ratio: 4.00
• 52-Week High: ₹267.42
• 52-Week Low: ₹121.45
• Promoter Holding: 71.0%
The company has significantly expanded its production capabilities over the years. In the financial year 2007-2008, Kothari Petrochemicals commissioned a second plant in Manali that doubled its production capacity to 36,000 MT per annum to supply Polyisobutylene (PIB) worldwide.
The Company completed the DeBottlenecking Project, post which the plant production capacity was revised to 48,000 MT per year in 2023. This reflects a significant enhancement in manufacturing prowess.
The company has also invested in environmental and quality improvements. An Effluent Water Recycle Plant was commissioned in 2019 costing ₹4 Crores to comply with the PCB's stringent effluent disposal norms and reduce dependency on the Metro Water Board. Newly designed product filters were installed in all loading bays/drum to maintain product quality in line with International Standards.
Kothari Petrochemicals Ltd is led by Chairperson Nina Bhadrashyam Kothari, who focuses on sustainable growth and operational excellence. The company's listing date of 02 Nov, 1996 reflects its long-standing presence in the Indian capital markets. The strong promoter holding of 71.0% demonstrates robust management control and confidence in the business. The company is also almost debt-free, further strengthening its financial position.
Kothari Petrochemicals is committed to maintaining high standards of Quality, Health, Safety and Environmental (QHSE) in all aspects of its operations. The company implemented Advance Process Control (APC) in plant operations to achieve the best in process automation through continuous in-house efforts, technological upgrades, and consistent uptime maintenance.
KPL has taken serious initiatives to reduce GHG emission in FY 2020-21, showcasing its responsibility to protect the environment and the surrounding community.
Kothari Petrochemicals Ltd (KOTHARIPET) belongs to the Materials sector and Commodity Chemicals sub-sector. The company's strong market position as India's largest PIB manufacturer, combined with its international presence across 20 countries, positions it well for continued growth. The recent capacity expansion from 24,000 MT to 48,000 MT per annum and environmental investments demonstrate management's commitment to long-term sustainable growth while maintaining operational efficiency and product quality standards.
