Latest news with #VipulOrganicsLtd
Fibre2Fashion
8 hours ago
- Business
- Fibre2Fashion
Vipul Organics sets up membrane R&D and production hub in Gujarat
Vipul Organics Limited, (BSE: VIPULORG / 530627) the leading Specialty Chemicals company in the pigments and dyes segment, announces its strategic expansion into Membrane Manufacturing. This marks a significant step forward in the company's focus on innovation, sustainability, and diversification. Membrane Technology is central to modern Industrial Operations and is widely used in water and wastewater treatment, food and beverage processing, pharmaceuticals, and industrial filtration. With the growing global focus on clean water access, resource recovery, and environmental compliance, membranes become essential in enabling efficient, reliable, and scalable solutions. Vipul Organics Ltd is entering membrane manufacturing to diversify and drive sustainable growth. Led by Dr. Vatsal Shah, the new Saykha, Gujarat facility will focus on advanced R&D and production for Indian and global markets. This move aligns with rising demand in water treatment and supports the company's vision for innovation and environmental responsibility. As per Fortune Business Insights the global water and wastewater treatment market size was valued at USD 323.32 billion in 2023 and is projected to grow from USD 346.41 billion in 2024 to USD 617.81 billion by 2032, exhibiting a CAGR of 7.5% during the forecast period. According to Market Research Future, India Water Treatment Market Size was valued at USD 2.30 Billion in 2024. The Water Treatment industry is projected to grow from USD 2.54 Billion in 2025 to USD 6.30 Billion by 2034, exhibiting a compound annual growth rate (CAGR) of 10.60% during the forecast period (2025 - 2034) 'Membranes represent a natural progression of our commitment to future-ready, sustainable solutions. This move builds on our core strengths in specialty chemicals and our experience with zero-liquid discharge technologies. As industries shift toward circularity and lower water footprints, we see membrane technology as a key enabler and a vital part of our vision for responsible growth,' says Mr. Vipul P Shah, Managing Director, Vipul Organics Limited . This venture is led by the younger son of Mr. Vipul Shah, Dr. Vatsal Shah. Vatsal is a PhD in Membrane Technology from Imperial College, London. Under Vatsal's leadership, Vipul Organics is building a separate facility at its greenfield project at Saykha, Gujarat. This will be an independent unit at Sayakha focused entirely on membrane development and production and will have advanced R&D, engineering, and manufacturing functions. This facility will produce membrane solutions tailored for both Indian and international markets. By entering the membrane segment, Vipul Organics is creating a platform that complements its core strengths while opening a new trajectory for growth. It is a calculated move aimed at derisking the business, broadening its technology base, and aligning with the evolving needs of global industry. Note: The headline, insights, and image of this press release may have been refined by the Fibre2Fashion staff; the rest of the content remains unchanged. Fibre2Fashion News Desk (RM)
Deccan Herald
11 hours ago
- Business
- Deccan Herald
Vipul Organics enters membrane manufacturing to capture water treatment
New Delhi, Specialty chemicals company Vipul Organics Ltd said on Thursday it will expand into membrane manufacturing as it seeks to capitalise on the growing global water treatment BSE-listed firm, which primarily operates in pigments and dyes, said the move represents a strategic diversification into sustainable technology is used across water and wastewater treatment, food and beverage processing, pharmaceuticals and industrial global water and wastewater treatment market was valued at USD 323.32 billion in 2023 and is projected to reach USD 617.81 billion by 2032, growing at a compound annual growth rate of 7.5 per cent, according to Fortune Business water treatment market was valued at USD 2.30 billion in 2024 and is expected to reach USD 6.30 billion by 2034, growing at 10.6 per cent annually, Market Research Future data showed.."This move builds on our core strengths in specialty chemicals and our experience with zero-liquid discharge technologies," Managing Director Vipul P Shah said in a venture will be led by Dr Vatsal Shah, the managing director's son, who holds a PhD in membrane technology from Imperial College Organics is establishing a separate facility at its greenfield project in Saykha, Gujarat, which will operate as an independent unit focused on membrane development and facility will serve both domestic and international markets, the company said.."As industries shift toward circularity and lower water footprints, we see membrane technology as a key enabler," Shah expansion aims to reduce business risk, broaden the company's technology base and align with evolving industry needs, Vipul Organics said.
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Business Standard
17-06-2025
- Automotive
- Business Standard
Vipul Organics shares hit 5% upper circuit on first auto industry order
Shares of Vipul Organics Ltd rose 5 per cent to hit the upper circuit on Tuesday after securing its first commercial order for a newly developed organic intermediate, intended for use in the automobile industry. The specialty chemicals firm's stock rose as much as 5 per cent during the day to an upper circuit of ₹188.25 per share. This compares to a 0.27 per cent decline in BSE Sensex as of 12:25 PM. The stock currently trades at the highest level since January 27 this year, but has fallen over 1.6 per cent from its March lows. The counter has fallen 1.61 per cent this year, compared to a 4.4 per cent fall in the benchmark Sensex. Vipul Organics has a total market of ₹334.04 crore, according to BSE data. Track LIVE Stock Market Updates Here Vipul Organics forays into new segment The company has received final approval and its first commercial order for a newly developed organic intermediate, marking a strategic foray into a new product category and industry vertical, according to an exchange filing on Tuesday. The product, developed in-house by Vipul Organics' R&D team over the past three years, will be used in manufacturing automotive components such as shock absorbers and bumper extensions. According to the company, the compound enhances durability, impact resistance, and wear tolerance of the parts it is applied. The approval follows an extensive 18-month qualification process and a successful trial export shipment. Order fulfilment will take place in line with the customer's schedule, the company said in the statement. "This is a landmark moment for Vipul Organics," said Vipul P. Shah, managing director. "This development not only adds a high-value product to our portfolio but also marks our entry into a completely new industry segment beyond dyes and pigments." About Vipul Organics Vipul Organics is a specialty chemicals company in the pigments and dyes segment. The company is one of the foremost manufacturers of pigments, dyestuffs, lake colours, and pigment intermediaries/fast salts in the country. It has three manufacturing facilities across Maharashtra and a global footprint in over 50 countries. In the December 2024 quarter (Q3 FY25), Vipul Organics reported a total revenue of 41.54 crore and a net profit of ₹1.45 crore. In the FY24, the company's total revenue stood at ₹150.99 crore and net profit was at ₹3.34 crore.
