Kanoria Chemicals & Industries Limited
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Kanoria Chemicals & Industries Limited - overview
Established
1960
Location
Kolkata, West Bengal, India
Primary Industry
Chemicals
About
Kanoria Chemicals & Industries Limited is a chemical manufacturing company that produces a range of chemical intermediates and specialties primarily for the construction and infrastructure sectors. Founded in Kolkata, India, Kanoria Chemicals & Industries Limited specializes in the manufacture of chemical intermediates such as formaldehyde, phenolic resins, and hexamine. The company completed a significant funding round in December 2012, raising INR 244 million through a Private Placement/Follow on, which led to a complete exit for IFC Asset Management. Kanoria Chemicals & Industries Ltd.
(KCI) specializes in the production of chemical intermediates and specialties, focusing on applications primarily in infrastructure and construction sectors. Their core offerings include formaldehyde, phenolic resins, and hexamine, which cater to a diverse range of industries such as textiles, agrochemicals, pharmaceuticals, and explosives. KCI’s formaldehyde products are utilized in manufacturing wood panels and laminates, paint and construction materials, while their phenolic resins serve as essential components in adhesives and coatings. The company has established a robust client base across various regions including India, the Middle East, Southeast Asia, and Europe, serving both large-scale enterprises and smaller manufacturers needing reliable chemical supplies for their production processes.
In the most recent fiscal year 2024, Kanoria Chemicals & Industries Limited reported a revenue of INR 178,388,623. 10 and an EBITDA of INR 9,804,409. 50. The company generates revenue through direct sales of its chemical products to industrial clients and downstream manufacturers, structuring its transactions primarily on a B2B basis.
The pricing model typically involves bulk orders, allowing clients to purchase significant quantities of key products like formaldehyde and phenolic resins at negotiated rates, thereby fostering long-term partnerships. KCI actively engages with both domestic and international markets, emphasizing their ability to supply high-quality chemicals that meet specific industrial needs. The transaction structure often includes contracts that outline delivery schedules and pricing tiers based on order volume, ensuring that clients can efficiently procure the materials required for their operations. Kanoria Chemicals & Industries plans to leverage its recent funding from the INR 244 million raised in December 2012 to enhance its research and development capabilities, focusing on the launch of new chemical products aimed at the construction and infrastructure markets.
The company aims to expand its footprint in the Middle East and Europe by 2025 to capture growing demand in these regions. The funding will also support marketing initiatives to increase brand visibility and strengthen partnerships with existing clients while exploring opportunities in new geographic areas.
Primary Industry
Chemicals
Sub Industries
Chemicals
Website
www.kanoriachem.com
Verticals
Manufacturing
Company Stage
Mature
Total Amount Raised
Subscriber access only
Kanoria Chemicals & Industries Limited - timeline of key events
Kanoria Chemicals & Industries Limited - financials
| Fiscal Year Ended | Mar 31, 2012 | Mar 31, 2013 | Mar 31, 2014 | Mar 31, 2015 | Mar 31, 2016 | Mar 31, 2017 | Mar 31, 2018 | Mar 31, 2019 | Mar 31, 2020 | Mar 31, 2021 | Mar 31, 2022 | Mar 31, 2023 | Mar 31, 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 2,905,970,000 | 3,714,280,000 | 5,413,810,000 | 5,309,380,000 | 5,651,290,000 | 7,337,360,000 | 8,448,200,000 | 10,735,010,000 | 10,046,990,000 | 10,948,550,000 | - | - | - |
| % Revenue Growth (YoY) | - | 27.8% | 45.8% | (1.9%) | 6.4% | 29.8% | 15.1% | 27.1% | (6.4%) | 9.0% | - | - | - |
| EBITDA (USD) | 3,911,880,000 | 262,040,000 | 731,250,000 | 408,660,000 | 378,520,000 | 266,650,000 | 739,620,000 | 659,590,000 | 464,050,000 | 1,003,790,000 | - | - | - |
| Operating Income (USD) | 3,754,850,000 | 70,100,000 | 489,090,000 | 109,480,000 | 61,270,000 | (187,900,000) | 273,500,000 | 164,710,000 | (96,580,000) | 423,410,000 | - | - | - |
| Operating Margin | 129.2% | 1.9% | 9.0% | 2.1% | 1.1% | (2.6%) | 3.2% | 1.5% | (1.0%) | 3.9% | - | - | - |
| % EBITDA Margin | 134.6% | 7.1% | 13.5% | 7.7% | 6.7% | 3.6% | 8.8% | 6.1% | 4.6% | 9.2% | - | - | - |
| NET Income (USD) | 3,056,900,000 | 81,970,000 | 341,440,000 | 123,140,000 | (25,560,000) | (236,940,000) | 115,680,000 | (194,960,000) | (315,500,000) | 159,890,000 | - | - | - |
| % Net Margin | 105.2% | 2.2% | 6.3% | 2.3% | (0.5%) | (3.2%) | 1.4% | (1.8%) | (3.1%) | 1.5% | - | - | - |
Kanoria Chemicals & Industries Limited - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Private Placement/Follow on | Completed | Kanoria Chemicals & Industries Limited | - | ||||||||
| Growth | Completed | Kanoria Chemicals & Industries Limited | - |
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Kanoria Chemicals & Industries Limited - employee data
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