Ritesh International announces 50% capacity expansion worth Rs 7 crore
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Ritesh International is expanding manufacturing capacity by 50 percent, from 80 metric tons per day to 120 metric tons per day at its Ahmedgarh facility. Total capex is Rs 7 crore, funded by Rs 1 crore bank loan and Rs 6 crore from internal accruals. The company makes Stearic Acid, Fatty Acid and Glycerin. Expansion will complete in about 8 months, with commercial production targeted for Q1 FY27-28. The move aims to meet rising demand and strengthen market share.
Signals revenue growth potential, funded mostly by internal accruals which limits debt risk. Execution timeline targets Q1 FY27-28.