OCCL: One of the market leader in the production of Insoluble Sulphur Domestic Share of ~60% Global market share of ~10%
OCCL: One of the market leader in the production of Insoluble Sulphur Domestic Share of ~60% Global market share of ~10%
- Expansion of Capacities of Insoluble Sulphur from 3,000 MT in 2000 to 39,500 MT currently
- Niche Product Portfolio of Insoluble Sulphur, Sulphuric Acid & Olems offered in various grades to satisfy diverse compounding requirements majorly for Tire industry
- State of the art manufacturing facilities in India at Dharuhera (Haryana) and at Mundra (Gujarat)
- OCCL has successfully implemented its In-house Technology which has been approved by all Customers across the globe
- Presence at the Port gives Location Advantage of reduced Logistic & Freight Cost ~55% of the sales constitutes Exports
- Sulphur available easily from oil refineries Coating Oil is procured from domestic as well as international suppliers
- An increase in rate of Radialization in Commercial Vehicles in India will lead to an increase in requirement of Insoluble Sulphur
- Insoluble sulphur requirement increasing at a fast pace in India & Asia – High Growth Market
- • Capacity available at Dharuhera, Haryana • In-house technology and Common Infrastructure available • Strategic Location to meet Export demand • Approval from all Large Global Tire Companies
Insoluble Sulphur is sold under the brand “DIAMOND SULF”
Application : Used as vulcanising agent in application where sulphur loading levels are required above the sulphur solubility rating of particular elastomers
DIAMOND SULF is offered in various grades to satisfy diverse compounding requirements majorly for Tire industry 1. High Dispersion Grades 2. High Stability Grades 3. Special Grades - Commenting on the results, Mr. Arvind Goenka, Promoter and Managing Director said, “Revenue stood at 121 crore, up 16% year-on-year, while EBITDA grew by 5% to 20 crore, leading to an EBITDA margin of 16.8%. Our PAT grew by 16% year-on-year to 8.7 crore, underscoring our focus on profitable growth. This quarter includes a one-time duty expense of about 2 crore on account of demerger. After imposition of anti-dumping duties on China and Japan, domestic sales realization has improved over preceding quarter. However, margins have been impacted by economic slowdown. Sustainability continues to be at the core of our operating philosophy. We have significantly enhanced our renewable energy contribution already ahead of our green energy consumption targets. This transition not only strengthens our cost competitiveness but also reinforces our commitment to a greener and more sustainable future. The recent GST reduction on automobiles is expected to give boost in vehicle sales across segments. Higher demand for cars, two-wheelers, and commercial vehicles will lead to increased tyre production, which in turn will boost demand for insoluble Sulphur in India. As a key supplier to the tyre industry, OCCL is well positioned to benefit from this positive momentum. With a strong R&D foundation, a highly cost-competitive manufacturing base, and the recent imposition of anti-dumping duties on Insoluble Sulphur imports providing a favorable domestic market environment, we remain optimistic about our growth trajectory. However further increase in sulphur prices and imposition of 50% Import duty by USA remains a concern. We are confident that our continued focus on operational efficiency, product quality, and sustainability will enable us to strengthen our market position and deliver consistent value to our stakeholders going forward.”

Comments
Post a Comment