Chiplun Fine Chemicals Ltd

Key Stats

Day's Price Range
52-Week Price Range

Company Financials

  • Annual
Value in ₹ crore

Peer Comparsion

Rank 296
Rank 300
Rank 319
Dividend Yield
Rank 180
Rank 448
Price To Book Ratio
Rank 260
Debt To Asset
Rank 319

Company Information

Incorporated as a private limited company in Feb.82 Chiplun Fine Chemicals was converted into a public limited company in 1992. The company is promoted by Arun H Sukhtankar and Chhabildas H Muchhala. Subsequently Nitesh Muchhala joined the team.The company has a plant at Lote Parshuram to manufacture bulk drug ibuprofen with an installed capacity of 90 tpa. Commercial production commenced in Oct.92. In 199495 due to the recession trend in the market for ibuprofen the company switched over to other products like 34 DABP and mebendazole. In 1995 the company undertook to enhance the capacity to 540 tpa. It came out with a public issue in Mar.95 to partfinance the project.In 199596 the company entered the US market for the export one of its products for which it has received firm order indicating the annual requirement. Some of the important customers of the company are Aristo Pharmaceuticals Cachet Pharmaceutical Pvt Ltd Alkem Hindustan Tablets Galfa Laboratories etc. During the year 19992000 capacity utilisation was lower due to unfavourable market conditions which had an adverse effect on the performance of the company. The Company has continued its efforts in the development of new products to come out of the present situation.
OrganisationChiplun Fine Chemicals Ltd