Parijat Industries

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Parijat Industries - overview

Established

1986

Location

New Delhi, Delhi, India

Primary Industry

Chemicals

About

Parijat Industries specializes in agrochemical solutions, providing innovative products to enhance agricultural productivity and sustainability. The company addresses various agricultural challenges, promoting efficient crop protection practices across multiple regions. Parijat Industries operates in the agrochemical sector, focusing on a wide range of solutions for farmers. The company is headquartered in New Delhi, India.


Founded by industry professionals, it has attracted significant investments, including a recent GROWTH round where Rabo Equity Advisors invested INR 1 billion for a minority stake in June 2016. Parijat Industries has successfully raised a total of INR 1 billion across its funding efforts. Parijat Industries (India) Pvt. Ltd.


specializes in a comprehensive range of agrochemical products, targeting various agricultural challenges across diverse geographical markets. The company’s core offerings include insecticides, herbicides, fungicides, and plant growth regulators (PGRs), designed to enhance crop protection and promote sustainable agricultural practices. These products are formulated to address pest control, weed management, and disease resistance in crops, effectively supporting farmers' efforts to achieve optimal yields. Parijat Industries serves a robust client base that spans over 70 countries, including regions in Europe, Africa, and Asia, as well as a significant presence within 18 states in India.


The company’s commitment to innovation is underscored by its introduction of advanced technologies such as Fipronil and Acetamiprid, reinforcing its reputation as a leading provider within the agrochemical sector. In the most recent year, Parijat Industries generated revenue of INR 128,150,224. 80 with an EBITDA of INR 11,196,724. 30.


The company generates revenue through direct sales and distribution channels involving a network of over 7,000 distributors across its operational territories. The transaction structure primarily follows a Business-to-Business (B2B) model, facilitating partnerships with retailers and wholesalers who further supply products to end-users, including farmers and agricultural cooperatives. Parijat's flagship products, including patented formulations like AADAT and XYFEN ULTRA, are priced competitively to ensure accessibility while maintaining quality. Revenue streams are bolstered by a commitment to customer satisfaction and the development of innovative solutions tailored to meet specific agricultural needs.


The strategic focus on backward integration and reducing reliance on imports further enhances the company's market positioning and financial stability. Going forward, Parijat Industries aims to expand its product portfolio by developing new agrochemical solutions tailored to emerging agricultural needs. The company plans to launch these products within the next 12 months. Additionally, Parijat intends to broaden its geographic footprint, targeting markets in Southeast Asia and South America for expansion by 2025.


The recent investment from Rabo Equity Advisors will support these initiatives, specifically in research and development as well as market entry strategies.


Current Investors

Rabo Equity Advisors

Primary Industry

Chemicals

Sub Industries

Agribusiness, Agricultural Chemicals

Website

www.parijatagrochemicals.com

Company Stage

Mature - Growth Capital

Total Amount Raised

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Parijat Industries - timeline of key events

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Parijat Industries - financials

Fiscal Year EndedMar 31, 2013Mar 31, 2014Mar 31, 2015Mar 31, 2016Mar 31, 2017Mar 31, 2018Mar 31, 2019Mar 31, 2020Mar 31, 2021Mar 31, 2022Mar 31, 2023
Revenue (USD)2,069,825,0002,720,475,2203,485,134,3643,486,600,6703,621,313,8534,000,393,3635,511,269,2956,348,207,315---
% Revenue Growth (YoY)-31.4%28.1%0.0%3.9%10.5%37.8%15.2%---
EBITDA (USD)193,137,785170,078,505383,818,40899,786,721251,498,278281,984,983363,907,305281,331,186---
Operating Income (USD)181,493,774236,579,332332,713,39046,870,133221,620,328237,224,241300,519,219205,305,605---
Operating Margin8.8%8.7%9.5%1.3%6.1%5.9%5.5%3.2%---
% EBITDA Margin9.3%6.3%11.0%2.9%6.9%7.0%6.6%4.4%---
NET Income (USD)106,517,06095,767,707164,385,000110,446,584119,557,49695,731,282125,996,52211,514,305---
% Net Margin5.1%3.5%4.7%3.2%3.3%2.4%2.3%0.2%---

Parijat Industries - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
GrowthCompletedParijat Industries-

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Parijat Industries - employee data

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