INDOKEM LTD.

Manufactures specialty chemicals, with manufacturing centred at a facility in Chikhloli MIDC, Ambernath, in Maharashtra's Thane district. The group operates a subsidiary in Bangladesh (Indokem Bangladesh), which reported a small loss in FY26. FY26 consolidated revenue was Rs 169.39 crore, with consolidated total income of Rs 17,245 lakhs in audited results. Raw materials account for 64.5% of revenue, making procurement the dominant cost input; employee costs add 12.8% and other operating expenses 17.6%, with depreciation at 1.4% and capex at 1.9% of revenue. The business is promoter-controlled, with the Khatau family and related entities holding 68.67% of equity shares. The Chikhloli MIDC plant was shut by the Maharashtra Pollution Control Board in November 2025 and received restart directions on January 14, 2026 following compliance measures. The filings reviewed do not specify product lines, segment-wise revenue mix, or customer categories.