Vishnu Chemicals Ltd
NSE:VISHNU
Vishnu Chemicals Ltd
Vishnu Chemicals Ltd. is a holding company, which engages in the manufacture, marketing, and export of chemicals. The company is headquartered in Hyderabad, Telangana and currently employs 416 full-time employees. The company went IPO on 2015-03-05. Its geographical segments include Domestic and Overseas. Its products include Chromium Compounds and Barium Compounds. The Company’s Chromium Compounds includes Sodium Dichromate, Basic Chromium Sulphate, Chromic Acid, Chrome Oxide Green, Sodium Sulfate, and Potassium Dichromate. Its product Barium Compounds include Barium Carbonate, which is used in the manufacturing of electro-ceramic materials, glazes, bricks, frits and enamels. The company is also used as a welding electrode coating and in glass manufacturing processes as purifying agent for uniformity in glass melt and caustic lye brine purification process. Sodium Dichromate is a oxidising agent and a source in preparing chromium based derivatives. The company is used in metal passivation and finds applications across diverse industries including pigments and coatings, screen printing in photographic engraving, electroplating, pyrotechnics and explosives.
Vishnu Chemicals Ltd. is a holding company, which engages in the manufacture, marketing, and export of chemicals. The company is headquartered in Hyderabad, Telangana and currently employs 416 full-time employees. The company went IPO on 2015-03-05. Its geographical segments include Domestic and Overseas. Its products include Chromium Compounds and Barium Compounds. The Company’s Chromium Compounds includes Sodium Dichromate, Basic Chromium Sulphate, Chromic Acid, Chrome Oxide Green, Sodium Sulfate, and Potassium Dichromate. Its product Barium Compounds include Barium Carbonate, which is used in the manufacturing of electro-ceramic materials, glazes, bricks, frits and enamels. The company is also used as a welding electrode coating and in glass manufacturing processes as purifying agent for uniformity in glass melt and caustic lye brine purification process. Sodium Dichromate is a oxidising agent and a source in preparing chromium based derivatives. The company is used in metal passivation and finds applications across diverse industries including pigments and coatings, screen printing in photographic engraving, electroplating, pyrotechnics and explosives.
Revenue Growth: Vishnu Chemicals reported Q3 FY '26 revenue of INR 411.3 crores, up 2.5% QoQ and 10% YoY for the nine months.
Margin Expansion: Gross margin improved to 44.8% (up 170 bps QoQ), with EBITDA margin rising to 15%.
Strategic Acquisitions: Completed a mining complex acquisition in South Africa to support raw material security and future margin improvement starting FY '27.
New Products Commercialized: Strontium carbonate plant became operational; commercial sales expected from Q1 FY '27 pending customer approvals.
CapEx Plans: FY '26 CapEx of INR 180–190 crores, with INR 300 crores planned for FY '27 to support new product lines and expansions.
Positive Market Developments: Easing US tariffs and European anti-dumping duties on Chinese competitors are expected to boost export opportunities.
EBITDA Margin Outlook: Management targets EBITDA margins of 20% by FY '28, driven by integration, new products, and scale.
