Company lists
The Maharashtra edition · 2026

Diversified chemicalscompanies in Maharashtra

Specialty chemicals, agro & petrochemicals, dyes & pigments, chemical distributors, pharma chemicals & CDMO and more: the companies building diversified chemicals in Maharashtra, with their founders, funding, team size and business models.

494 company profiles248 with reported revenue6 with recorded fundingSeptember 2026 edition
Maharashtra · Photo: Wikimedia Commons (Creative Commons Attribution-ShareAlike 4.0)

Recent diversified chemicals business events in Maharashtra

Funding, M&A, contract wins and launches involving 516 diversified chemicals companies in Maharashtra, last 24 months: 24 M&A deals · 14 Contracts · 4 funding rounds · 3 launches. Newest first; companies and investors link to their Fliar profiles. Latest event in our news feed: Jun 2026.

M&AAcquisition · Announced

ARB Business Trust acquires Clean science and technology

ARB Business Trust, a promoter group member of Clean Science and Technology Limited, has announced a prior intimation regarding the acquisition of 33,00,000 equity shares, representing…

Science and Technology
M&AAcquisition · Announced

AAB Business Trust acquires Clean science and technology

AAB Business Trust, a member of the promoter group of Clean Science and Technology Limited, has announced a proposed acquisition of 1,01,00,000 equity shares. These shares will be…

Technology
M&AAcquisition · Announced

Dorf-Ketal Chemicals India Limited acquires Vasu chemicals

Dorf-Ketal Chemicals India Limited, a global specialty chemicals company known for its innovation-driven solutions and strategic acquisitions, has acquired the Water Treatment Business…

Industrial Water Treatment
M&AAcquisition · Announced

Camlin fine sciences acquires Vinpai

Camlin Fine Sciences Limited (CFSL), an Indian firm specializing in shelf life solutions, has filed a draft tender offer to acquire remaining Vinpai shares.

Shelf life solutions
M&AAcquisition · Completed

SCM Commercial Private Limited acquires Deepak Fertilisers & Petrochemicals

SCM Commercial Private Limited has completed the acquisition of 74,00,000 equity shares, representing 5.86% of the paid-up equity share capital of Deepak Fertilisers & Petrochemicals.

Fertilisers & Petrochemicals
LaunchFentaamine

Heranba industries

Heranba Industries Limited introduced two new products, “Fentaamine” and “MycoHil,” on April 10, 2026, as part of its expansion into crop nutrition.

Crop Nutrition
M&AAcquisition · Completed

Tata chemicals acquires Novabay Pte. Ltd

Tata Chemicals, through its wholly-owned subsidiary Tata Chemicals International Pte. Ltd, has completed the acquisition of Novabay Pte. Ltd on March 19, 2026.

Chemical
ContractSupply

Aarti industries · client: Na

Aarti Industries Limited, a global manufacturer of specialty chemicals, bagged a multi-year agrochemical supply agreement valued at approximately $150 million with a major global…

Agrochemicals
ContractSupply

Aarti industries · client: Leading global chemical company

Aarti Industries Limited (AIL) has announced a significant expansion of its long-term supply agreement with a leading global chemical company, strengthening an existing strategic…

Chemical
M&AAcquisition · Completed

Solidarity Advisors acquires Yasho industries

Solidarity Advisors Private Limited has crossed the significant 5% shareholding threshold in Yasho Industries following a strategic open market acquisition completed on January 16, 2026.

Portfolio Management Services
FundingWarrant conversion

Fineotex chemical

Stock of THIS chemical company to be in focus after it raises Rs 14.52 crore through warrant conversion

Investors Intuitive Alpha Investment Fund PCC – Cell 1
Chemicals
M&AAcquisition · Announced

Tata chemicals acquires Novabay Pte. Limited

Stocks to Watch: Tata Chemicals announced that Tata Chemicals International Pte. Limited (TCIPL), a 100% subsidiary of TCL, has signed a Share Purchase Agreement (SPA) to acquire 100%…

ContractSupply

Na · client: Aarti industries

Aarti Industries Limited (AIL), a prominent Indian player in the speciality chemicals sector, has entered into several long-duration supply agreements for essential raw materials,…

M&AAcquisition · Announced

Zenrock acquires Indo Borax & Chemicals

As per the deal announced earlier, the acquirer group has entered into a share purchase agreement to acquire 50.8 percent (1.63 crore shares) of Indo Borax & Chemicals from the existing…

M&AAcquisition · Announced

Fineotex chemical acquires FrackMex Equipment and Services LLC

Fineotex Chemical Limited has announced a major strategic expansion in the United States through its wholly owned subsidiary, Fineotex Biotex Healthguard FZE. The company has entered…

Specialty Chemicals
M&AAcquisition · Announced

Camlin fine sciences acquires Vinpai

Camlin Fine Sciences Limited, an Indian group specializing in preservation solutions and flavor ingredients, has acquired a majority stake in Vinpai. Announced on November 27, 2025, this…

Preservation solutions and flavor ingredients
ContractSupply

Excel industries · client: prominent Indian specialty chemicals company

Excel Industries Limited, a pioneer in indigenous chemical technology and a leading producer of specialty chemicals, has entered into a binding term sheet with a prominent Indian…

Specialty Chemicals
ContractSupply

Excel industries · client: reputed Indian specialty chemicals company

Excel Industries Ltd (BOM:500650) has signed a binding term sheet with a reputed Indian specialty chemicals company for contract manufacturing, expected to generate significant annual…

M&AAcquisition · Announced

BirlaNu acquires Clean coats

BirlaNu, part of the multi-billion-dollar CKA Birla Group, has signed an agreement for the acquisition of Clean Coats Private Limited, a leading Indian manufacturer of high-performance…

Construction Chemicals
M&AAcquisition · Rumored

Dorf ketal acquires Italmatch Chemicals Spa

Dorf Ketal, a global manufacturer and supplier of specialty chemicals, is in advanced negotiations to acquire Italmatch Chemicals SpA of Italy for $1.6 billion.

M&AAcquisition · Rumored

Dorf ketal acquires Italmatch Chemicals Spa

Mumbai‑based specialty chemicals manufacturer Dorf Ketal’s talks to acquire Italian firm Italmatch Chemicals SpA.

ContractSupply

Yasho industries · client: Na

Yasho Industries Ltd said on Thursday it has signed a 15-year supply agreement with a leading global multinational corporation for the supply of lubricant additives, a deal that will…

Specialty chemicals
ContractSupply

DCM Shriram Chemicals · client: Aarti industries

DCM Shriram Ltd and Aarti Industries Ltd (AIL) have entered into a long-term strategic agreement for chlorine supply.

ContractSupply

Dcm shriram · client: Aarti industries

DCM Shriram: Company announces a long-term strategic agreement with #AartiIndustries for the supply of chlorine.

Chemical
M&AAcquisition

Norges bank acquires Clean science and technology

Norway-based Norges Bank bought over 14.62 lakh shares worth Rs 158 crore in Clean Science and Technology via block deal on Thursday.

FundingPrivate placement of NCDs

Neogen chemicals

Neogen Chemicals Limited, a leading Indian producer of bromine- and lithium-based specialty chemicals, has raised ₹200 crore through a private placement of non-convertible debentures (NCDs).

Specialty chemicals
ContractService

Deepak Fertilisers & Petrochemicals · client: Petronet lng

Deepak Fertilisers signed a five-year agreement with Petronet LNG Limited to regasify (converting Liquefied Natural Gas back into its gaseous form) around 25 TBTUs of Liquefied Natural…

Energy
ContractService

Petronet lng · client: Performance Chemiserve

Petronet LNG Ltd has entered into a ₹1,200 crore regasification agreement with Performance Chemiserve Ltd, a wholly owned subsidiary of Deepak Fertilisers and Petrochemicals Corporation…

Energy
ContractSupply

Gp petroleums · client: Hindustan

GP Petroleums has secured a tender to supply 50,000 metric tonnes of bitumen to Hindustan Petroleum Corporation Ltd. (HPCL) over a period of 12 months.

Infrastructure

Diversified chemicals companies in Maharashtra, by revenue

Browse diversified chemicals companies in Maharashtra by reported revenue, one-year revenue growth, revenue model, age and stage. The 50 companies below are the largest by their most recent reported revenue among 248 diversified chemicals companies in Maharashtra that have filed a figure in the last four years. Every figure keeps its own reporting period, so compare periods before comparing amounts.

Showing 25 of 50

Manufacturer of fertilizers and industrial chemicals

Crop inputs
₹8,798.85 crFY 2023-24
Not reported
2,536+3% 12 mo to Jul 2024LinkedIn · Jul 2026
47 yr1979
0none in 3 months

Manufacturer of specialty chemicals, pharmaceutical products, and surfactants

Diversified chemicals
₹6,381.66 crFY 2023-24
-4%2023–2024
5,118+0% 12 mo to Jun 2024LinkedIn · Jul 2026
42 yr1984
3postings · last posted Sep 2026

Develops process chemicals and service solutions for crude oil refining, petrochemicals and additives

Diversified chemicals
₹6,237.15 crFY 2024-25
+12%2024–2025
1,192+79% vs previous recordLinkedIn · Jul 2026
34 yr1992
0none in 3 months · last posted May 2026

Manufacturer of agrochemicals and specialty products

Agrochemicals
₹3,085.74 crFY 2022-23
Not reported
1,677+7% 12 mo to Jul 2024LinkedIn · Jul 2026
64 yr1962
0none in 3 months

Manufacturer of diversified chemicals

Diversified chemicals
₹3,010.80 crFY 2024-25
+4%2024–2025
1,406+9% 12 mo to Mar 2024LinkedIn · Jul 2026
34 yr1992
0none in 3 months · last posted Jun 2026

Manufactures castor seeds, manure and castor oil

Diversified chemicals
₹2,529.83 crFY 2024-25
+18%2024–2025
1,750recorded
34 yr1992
0none in 3 months

Manufacturer of specialty chemicals and organic intermediates

Diversified chemicals
₹2,292.48 crFY 2024-25
+18%2024–2025
953recorded
37 yr1989
0none in 3 months

Producer of specialty additives for foods, plastics, rubbers, paints, inks, cosmetics, coatings, and lubes

Diversified chemicals
₹2,194.83 crFY 2023-24
Not reported
268+1% 12 mo to Jul 2024LinkedIn · Jul 2026
56 yr1970
0none in 3 months

Manufacturer of phthalic anhydride

Diversified chemicals
₹2,231.84 crFY 2024-25
+5%2024–2025
1,750recorded
34 yr1992
0none in 3 months

Manufacturer of textile and specialty chemicals for diverse industries and animal health nutrition products

Textile yarn
₹2,084.30 crFY 2024-25
+13%2024–2025
322-5% 12 mo to Jun 2024LinkedIn · Jul 2026
29 yr1997
0none in 3 months

Provider of PVC resin, caustic soda, and liquid chlorine

Diversified chemicals
₹1,889.84 crFY 2023-24
Not reported
677-88% 12 mo to Sep 2023LinkedIn · Jul 2026
87 yr1939
—No postings tracked

Manufacturer of high-quality bitumen emulsions

Diversified chemicals
₹1,836.81 crFY 2024-25
+19%2024–2025
302LinkedIn · Jul 2026
31 yr1995
0none in 3 months · last posted Jun 2026

Chemical distribution company offering a wide range of products

Chemical distributors
₹1,833.47 crFY 2024-25
+21%2024–2025
51+11% 12 mo to Sep 2024LinkedIn · Jul 2026
40 yr1986
0none in 3 months

Manufacturer of fine chemicals catering to food industry

Diversified chemicals
₹1,628.62 crFY 2023-24
Not reported
657+6% 12 mo to Aug 2024LinkedIn · Jul 2026
95 yr1931
0none in 3 months

Manufacturer of chemical products including phenol, acetone, aceto phenone, hexylene glycol, and isophorone

Diversified chemicals
₹1,489.90 crFY 2024-25
+9%2024–2025
—Not available
46 yr1980
0none in 3 months

Manufacturer of acrylonitrile butadiene styrene (ABS) resins

Diversified chemicals
₹1,435.13 crFY 2024-25
+14%2024–2025
339LinkedIn · Jul 2026
40 yr1986
2postings · last posted Aug 2026

Manufacturer of diversified chemicals

Diversified chemicals
₹1,430.29 crFY 2024-25
-14%2024–2025
416+19% 12 mo to Jul 2024LinkedIn · Jul 2026
38 yr1988
0none in 3 months

Leading Indian agrochemical player, manufacturing crop protection and public health products

Crop inputs
₹1,417.31 crFY 2024-25
+12%2024–2025
736+10% 12 mo to Sep 2024recorded Sep 2024
30 yr1996
0none in 3 months

Manufacturer of industrial and mining explosives, detonators, and explosive accessories

Mining equipment
₹1,102.86 crFY 2024-25
+98%2024–2025
91+46% 12 mo to Sep 2024LinkedIn · Jul 2026
24 yr2002
0none in 3 months

Manufacturer of fine, specialty, performance, and perfumery chemicals along with active pharmaceutical ingredients

Flavors and fragrances
₹1,093.83 crFY 2024-25
+14%2024–2025
686+9% 12 mo to Sep 2024LinkedIn · Jul 2026
32 yr1994
1postings · last posted Jul 2026

Manufacturer & supplier of commercial grade speciality chemicals

Diversified chemicals
₹1,015.53 crFY 2024-25
+14%2024–2025
23LinkedIn · Jul 2026
30 yr1996
1postings · last posted Jul 2026

Manufacturer of agrochemicals, pharmaceuticals, and dye stuffs

Diversified chemicals
₹1,008.66 crFY 2024-25
-9%2024–2025
370LinkedIn · Jul 2026
43 yr1983
0none in 3 months

Manufacturer and supplier of anisole, MEHQ, BHA, and other chemicals

Diversified chemicals
₹1,005.23 crFY 2024-25
+21%2024–2025
493-12% 12 mo to Jul 2024LinkedIn · Jul 2026
23 yr2003
1postings · last posted Aug 2026

Manufacturer of specialty chemicals

Diversified chemicals
₹990.54 crFY 2024-25
+6%2024–2025
575+14% 12 mo to Sep 2024LinkedIn · Jul 2026
32 yr1994
0none in 3 months

Manufacturer of specialty chemicals, sanitizers, and surfactants

Diversified chemicals
₹981.50 crFY 2024-25
+27%2024–2025
196+40% 12 mo to Sep 2024LinkedIn · Jul 2026
28 yr1998
0none in 3 months
50 of 494 companies shown here · the full list is on Radar
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Explore diversified chemicals companies in Maharashtra by what you are looking for

Browse the top diversified chemicals companies in Maharashtra, including specialty chemicals makers, agrochemical and petrochemical producers and chemical distributors. You can also see diversified chemicals startups in Maharashtra and which companies are hiring.

9 ways to explore diversified chemicals in Maharashtra

Specialty chemicals manufacturersAgrochemical & petrochemical companiesDyes, pigments & inks manufacturersChemical distributors & tradersPharma intermediates & contract manufacturingFlavors, fragrances & food ingredients

Specialty chemicals manufacturers

Manufacturers of specialty, fine and intermediate chemicals for industry.

  1. Vinati Organics

    Manufacturer of specialty chemicals and organic intermediates

    Diversified chemicals
    See in list
  2. Sustainable Sciences

    Manufacturer of key starting materials and advanced intermediates

    Diversified chemicals
    Website
  3. Paras Intermediates

    Provider of calcium and zinc glycinate and other specialty chemicals for various industries

    Diversified chemicals
    Website
  4. Citrastar

    Manufacturer of citric acid in powder and slurry forms

    Diversified chemicals
    Website
  5. Fineotex Chemical

    Manufacturers of textile auxiliaries & other specialty chemicals

    Dyes pigments and inks
    See in list
49 companies in Maharashtra

Agrochemical & petrochemical companies

Producers of crop protection chemicals, fertilizers and petrochemical products.

  1. DFPCL

    Manufacturer of fertilizers and industrial chemicals

    Crop inputs
    See in list
  2. Heranba

    Leading Indian agrochemical player, manufacturing crop protection and public health products

    Crop inputs
    See in list
  3. Indo Amines

    Manufacturer of fine, specialty, performance, and perfumery chemicals along with active pharmaceutical ingredients

    Flavors and fragrances
    See in list
  4. MPCL

    Manufacturer of polyester resins, agrochemical and petrochemical products

    Diversified chemicals
    Website
  5. Dorf Ketal

    Develops process chemicals and service solutions for crude oil refining, petrochemicals and additives

    Diversified chemicals
    See in list

Dyes, pigments & inks manufacturers

Manufacturers of dyes, pigments, inks and textile chemicals.

  1. Vipul Organics

    Manufacturer of reactive dyes, fast colour bases, salts and dyes intermideates

    Dyes pigments and inks
    Website
  2. Euroasia

    Provider of pharmaceutical APIs, dyes, pigments, chemicals, and feed additives

    Dyes pigments and inks
    Website
  3. Ashu Organics

    Manufacturer of specialty intermediates, amino, and nitro compounds for diverse industries

    Dyes pigments and inks
    Website
  4. JD Orgochem

    Manufacturer and supplier of dyes, organic chemicals, pigments, and other chemicals

    Chemical services
    Website
  5. Rossari Biotech

    Manufacturer of textile and specialty chemicals for diverse industries and animal health nutrition products

    Textile yarn
    See in list

Chemical distributors & traders

Distributors, importers and traders of industrial and fine chemicals.

  1. AimChem Ingredients

    Importer, distributor, and exporter of food ingredients and chemical products

    Chemical distributors
    Website
  2. Kusum Silicon

    Distributor of silicone products, dyes, textile auxiliaries, surfactants, and emulsifiers

    Chemical distributors
    Website
  3. Sarda Biopolymers

    Manufacturer of various plant-derived gums

    Diversified chemicals
    Website
  4. S.S.B Grace Impex

    Trader of fine chemicals including butanediol, dicyclopentadiene, and oil additives

    Chemical distributors
    Website
  5. Agarwal Bulkactives

    Manufacturer of FDA approved & FSSAI licensed food additives for commercial kitchens and food industry

    Food processing
    Website

Pharma intermediates & contract manufacturing

Contract manufacturers and suppliers of active pharmaceutical ingredients and intermediates.

  1. Samrat Pharmachem

    Traditional company manufacturing chemicals for use in various industries

    Biopharma outsourcing
    Website
  2. Survival Technologies

    Manufacturer of intermediates and specialty chemicals

    Diversified chemicals
    Website
  3. Resonance Specialties

    Supplier of construction materials

    Diversified chemicals
    Website
  4. Allmpus

    Manufacturer and supplier of pharmaceutical impurities and chemicals

    Diversified chemicals
    Website
  5. Nutraplus India

    Manufacturer of API and intermediates

    Manufacturing services
    Website

Flavors, fragrances & food ingredients

Suppliers of essential oils, fragrances, flavors and food chemicals.

  1. Indo Amines

    Manufacturer of fine, specialty, performance, and perfumery chemicals along with active pharmaceutical ingredients

    Flavors and fragrances
    See in list
  2. Lasons India

    Manufacturer of drugs

    Traditional nutraceuticals
    See in list
  3. Nishant Aromas

    Brand of cannabis essential oils, fragrances, and animal nutrition products

    Flavors and fragrances
    Website
  4. Sarda Biopolymers

    Manufacturer of various plant-derived gums

    Diversified chemicals
    Website
  5. Koss

    Provider of essential oils, plant extracts, and butters for various industries

    Diversified chemicals
    Website

Diversified chemicals startups in Maharashtra

Newer chemicals companies in Maharashtra founded in recent years.

  1. Distil

    Manufacturer of specialty chemicals

    Diversified chemicals
    Website
  2. Nadkarni

    Manufacturer of specialty epoxy resins and curing agents

    Diversified chemicals
    Website
  3. Sunriselifesciences

    Provider of chemical sourcing, distribution, and supply chain management services

    Diversified chemicals
    Website
  4. Optime Global

    Provider of specialty chemicals

    Diversified chemicals
    Website
  5. Reykarchemicals

    Provider of specialty chemicals for oil and gas, mining, and agriculture

    Diversified chemicals
    Website
20 companies in Maharashtra

Diversified chemicals companies hiring in Maharashtra

Chemicals companies in Maharashtra with open roles right now.

  1. Aarti Industries

    Manufacturer of specialty chemicals, pharmaceutical products, and surfactants

    Diversified chemicals
    See in list
  2. Dorf Ketal

    Develops process chemicals and service solutions for crude oil refining, petrochemicals and additives

    Diversified chemicals
    See in list
  3. Laxmi

    Manufacturer of diversified chemicals

    Diversified chemicals
    See in list
  4. Hindustan Colas

    Manufacturer of high-quality bitumen emulsions

    Diversified chemicals
    See in list
  5. Bhansali Engineering Polymers Limited

    Manufacturer of acrylonitrile butadiene styrene (ABS) resins

    Diversified chemicals
    See in list
18 companies in Maharashtra

Listed diversified chemicals companies in Maharashtra

Publicly listed chemicals companies based in Maharashtra.

  1. DFPCL

    Manufacturer of fertilizers and industrial chemicals

    Crop inputs
    See in list
  2. Aarti Industries

    Manufacturer of specialty chemicals, pharmaceutical products, and surfactants

    Diversified chemicals
    See in list
  3. Laxmi

    Manufacturer of diversified chemicals

    Diversified chemicals
    See in list
  4. Jayant Agro-Organics

    Manufactures castor seeds, manure and castor oil

    Diversified chemicals
    See in list
  5. Fine Organics

    Producer of specialty additives for foods, plastics, rubbers, paints, inks, cosmetics, coatings, and lubes

    Diversified chemicals
    See in list
42 companies in Maharashtra
Mobile reach

Top 4 diversified chemicals apps from Maharashtra

The most-installed Android apps published by diversified chemicals companies headquartered in Maharashtra — 7K installs between them. 4 companies on this page publish at least one app; each company (legal entity) appears once, with its most-installed app.

1 of 4
2

Globe Bandhan

by globe

Installs3K
Rating—
Last updatedOct 2025
View on Google Play ↗
Globe Bandhan screenshot 1Globe Bandhan screenshot 2Globe Bandhan screenshot 3Globe Bandhan screenshot 4Globe Bandhan screenshot 5Globe Bandhan screenshot 6
The business behind the activity

Diversified chemicals financials in Maharashtra

Revenue, profit and growth from the filed annual accounts of 215 diversified chemicals companies in Maharashtra for FY24-25 — 241 of the 494 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 22% of the revenue, so medians describe the typical company better than totals.

combined revenue, FY24-25₹63,124.08 cr

215 companies filing accounts

combined net profit₹4,890.51 cr

7.7% aggregate margin

are profitable83%

178 of 215 companies

median revenue~₹78.8 cr

the typical company

median revenue growth+10%

into FY24-25

earned by the top five22%

revenue concentration

Six-year view

Combined revenue of filing companies

₹33,428.41 crFY19-20200 filers
₹36,170.73 crFY20-21202 filers
₹56,836.78 crFY21-22205 filers
₹65,739.36 crFY22-23213 filers
₹64,739.52 crFY23-24222 filers
₹63,124.08 crFY24-25215 filers

The number of companies filing changes each year; the three-year cohort below compares like with like.

Like-for-like

The same 192 companies over three years

+5%
FY22-23₹56,451.84 cr₹4,671.92 cr net
FY23-24₹53,389.77 cr₹3,755.32 cr net
FY24-25₹59,138.33 cr₹4,537.91 cr net

Companies with accounts for all three years, so growth is not an artefact of who filed.

Scale and profit

Bigger companies are far more often profitable

Under ₹1 cr1145% profitable
₹1–10 cr2157% profitable
₹10–100 cr9383% profitable
₹100–1,000 cr7293% profitable
Over ₹1,000 cr1894% profitable

Companies by FY24-25 revenue. Bars show how many companies sit in each band.

Momentum

How fast revenue moved into FY24-25

Shrinking59
0–20%97
20–50%40
50–100%3
Doubled+9

208 companies with accounts for both years; median growth +10%.

Profitability

Profit is concentrated at the top

178profitable
37loss-making
7.7%aggregate margin
3.6%median margin

The aggregate margin is pulled up by a few large filers; the median shows the typical company.

Growth leaders · ₹10 cr+ revenue

Fastest growing, FY24-25

CompanyGrowthRevenue
Acharya GroupDR.ACHARYA LABORATORIES PRIVATE LIMITED₹131.95 cr
Sheetal ChemicalsSHEETAL CHEMICALS PRIVATE LIMITED+119%₹20.73 cr
Vastani ChemicalsVASTANI CHEMICALS LIMITED+85%₹128.33 cr
SBL EnergySBL ENERGY LIMITED+54%₹713.88 cr
Rudraksha Allied ChemicalRUDRAKSHA ALLIED CHEMICAL PRIVATE LIMITED+51%₹80.41 cr
Anmol ChemicalsANMOL CHEMICALS PRIVATE LIMITED+43%₹76.94 cr
Profit leaders · ₹10 cr+ revenue

Highest net margins, FY24-25

CompanyMarginRevenue
Clean Science and TechnologyClean Science And Technology Limited30.5%₹958.50 cr
Anmol ChemicalsANMOL CHEMICALS PRIVATE LIMITED30.4%₹76.94 cr
Paras IntermediatesPARAS INTERMEDIATES PRIVATE LIMITED29.3%₹82.69 cr
Subhash Chemical IndustriesSUBHASH CHEMICAL INDUSTRIES PRIVATE LIMITED₹152.65 cr
Caltron ClaysCALTRON CLAYS AND CHEMICALS PRIVATE LIMITED27.7%
Dorf KetalDORF-KETAL CHEMICALS INDIA LIMITED22.2%₹3,357.94 cr
Inside the industry

Sub-sectors compared, FY24-25

Sub-sectorCompaniesRevenueMedian revenueProfitableMargin
Diversified chemicals188₹49,532.50 cr~₹76.2 cr83%8.2%
Leaders

Largest diversified chemicals companies by revenue, FY24-25

Company · legal entityRevenueNet resultMarginGrowth
Dorf KetalDORF-KETAL CHEMICALS INDIA LIMITED₹3,357.94 cr₹744.31 cr22.2%+37%
IndofilINDOFIL INDUSTRIES LIMITED₹3,158.81 cr₹329.19 cr10.4%+12%
LaxmiLaxmi Organic Industries Limited₹2,969.90 cr₹118.02 cr4.0%+4%
Fine OrganicsFINE ORGANIC INDUSTRIES LIMITED₹2,301.82 cr₹389.66 cr16.9%+14%
Vinati OrganicsVINATI ORGANICS LIMITED₹2,292.39 cr₹415.23 cr18.1%+18%
IGPLI G PETROCHEMICALS LIMITED₹2,233.97 cr₹112.47 cr5.0%+5%
DCWD C W LIMITED₹2,023.43 cr₹30.28 cr1.5%+7%
Hindustan ColasHINDUSTAN COLAS PRIVATE LIMITED₹1,836.81 cr₹177.20 cr9.6%+19%
VimalVIMAL INTERTRADE PRIVATE LIMITED₹1,833.47 cr₹30.61 cr1.7%+21%
HeranbaHERANBA INDUSTRIES LIMITED₹1,541.48 cr₹54.00 cr3.5%+18%
Some figures are available to Radar members.Log in to Radar to see every figure

Standalone annual accounts filed with the Ministry of Corporate Affairs. Brands that share one legal entity are shown together and counted once.

For investors and data teams

Put this intelligence into your own tools

The figures on this page come from Fliar’s company, funding and MCA filings data. Use it through the Investor Intelligence API and MCA financials feeds, or explore every company, filing and investor in Radar.

Capital & corporate activity

Diversified chemicals funding and M&A across India

36 recorded equity rounds have gone to 1,643 diversified chemicals companies in India — how much, at which stage, into which sub-sectors, from whom, and how Maharashtra compares. Debt, IPO and grant rounds are excluded.

equity rounds, last 12 months1

US$7.00m

equity rounds, last 24 months5

US$174.06m

raised over five yearsUS$276.50m

15 rounds in India

M&A deals, Maharashtra24

last 24 months

Capital by year

Equity funding into diversified chemicals in India

amount rounds
$020201
$13m20211
$29m20221
$4.1m20232
$174m20247
$55m20254

Bars show US$ raised; the number under each year is equity rounds. 2026 is year to date. The peak year was 2024, with US$174.34m across 7 rounds.

The funding ladder · five years

Rounds and typical cheque by stage

AngelUS$409k1 rounds · median US$409k
SeedUS$16.82m7 rounds · median US$1.20m
Series AUS$47.62m3 rounds · median US$10.44m
Series BUS$92.70m3 rounds · median US$39.21m
Series D+US$118.95m1 rounds · median US$118.95m
Where the money went · five years

Most-funded sub-sectors

Energy storage techUS$118.95m1 rounds · 1 companies
Diversified chemicalsUS$75.37m11 rounds · 7 companies
Contract manufacturersUS$42.98m2 rounds · 2 companies
Mining equipmentUS$39.21m1 rounds · 1 companies
Corporate activity · last 24 months

M&A in Maharashtra

24Acquisition

Most active acquirers

  1. Fineotex chemical5
  2. Camlin fine sciences4
  3. Tata chemicals3
  4. Dorf ketal3
  5. ARB Business Trust1

Most acquired or merged

  1. Vinpai4
  2. Clean science and technology3
  3. Italmatch Chemicals Spa2
  4. Vasu chemicals1
  5. Deepak Fertilisers & Petrochemicals1

Each deal appears in the events strip at the top of the page.

Diversified chemicals funding in Maharashtra

6 diversified chemicals companies in Maharashtra have recorded equity funding, US$99.24m in total. Totals and round dates describe the historical record; they are not current valuations.

Founders and momentum in Maharashtra

Meet the people behind diversified chemicals companies in Maharashtra. 178 of 494 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.

Explore Maharashtra diversified chemicals companies by sub-sector

The most common specialisations among diversified chemicals companies in Maharashtra. Open a company to see what it sells, who runs it and how far it has come.

Keep exploring diversified chemicals in India and nearby markets.

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