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About Yasho Industries
Yasho Industries Limited was incorporated as a Private Limited Company with the name 'Vasu Preservatives Private Limited' on October 30, 1985. The name was thereafter changed to 'Yasho Industries Private Limited' on May 17, 1996. The Company status got changed to a Public Limited Company and the name of the Company was further changed to 'Yasho Industries Limited' on February 19, 2018.
Founded in 1985, by Mr. Vinod Jhaveri in Mumbai, the Company is one of India's leading manufacturers and suppliers of Specialty Chemicals, Food Antioxidants, Aroma Chemicals, Rubber Accelerators and Lubricant Additives. The Company commenced production of specialty chemicals in 1993.
The Company is engaged in manufacturing of varied re-engineered chemicals since 2 (two) decades. These are Aroma Range Chemicals - The company manufactures various chemicals like fatty esters and Natural Essential/ aroma oils which caters to gamut of Personal Care, Cosmetics & Toiletries, Flavors & Fragrances and Pharmaceutical segments.
Food Antioxidant Range Chemicals - The Company manufactures TBHQ (Tertiary-butyl hydroquinone), BHA (Butylated Hydroxy Anisole), AP (Ascorbyl Palmitate) and various complementary antioxidants which are used in various food products.
Lube Range and Rubber Range Chemicals - The Company manufactures additives which include Aminic Antioxidants, Molybdemum based Extreme Pressure & Anti Wear Additives and Corrosion inhibitors and chemicals like Benzotriazole and Tolytrizole which are required by the Petroleum and Synthetic Lubricants industry. The Company also caters to leading processors of rubber in the Auto Ancillary, Tyre Industry, Construction, Industrial Machinery and White Goods sector.
Speciality Range Chemicals - The Company manufactures various Specialty Chemicals used in different segment of industry such as Electroplating chemicals, Intermediates for API/Bulk Drugs, UPR Resins/ Fibre Composites Resins, Thermoplastics Urethanes (Polyurethanes), Printing Inks & Agrochemicals etc.
The Company markets, sells and distributes its wide range of products to their diverse customers based in India and abroad. Over the years the company has established its sales network both in domestic and international markets. These products are exported to various countries i.e. USA, South America, Europe, Iran, Australia, South Africa, Singapore, Germany, Asia. etc.
The Company is focused on consistently upgrading the technology used in its products as well as the processes used in manufacturing varied products through its research and development ('R&D') efforts. The Company has a dedicated R&D centre located at its manufacturing facilities. The State-of-the-art laboratory uses modern quality control methods and sophisticated instrumentation such as AAS (Atomic Absorption Spectrophotometer), Digital Polarimeter, DSC (Differential Scanning Calorimetry), FTIR (Fourier-Transform Infrared Spectroscopy), GC (Gas Chromatography), HPLC (High-performance liquid chromatography), Refractometer UV Spectrophotometer. R&D centre is equipped with various equipments as required for processing of the chemicals.
The Company has 2 manufacturing units located close to each other at Vapi, Gujarat. The Company is certified by ISO 9001:2015, which is assessed and certified by Bureau Veritas Certification Holding SAS - UK Branch which confirms to the requirements of the management standard for manufacturing of various chemicals. The Company has pre-registered certain products under REACH (Registration, Evaluation, Authorization and Restriction of Chemicals) Regulation, wherein the manufacturers and importers of substances have a general obligation to submit a registration to the European Chemicals Agency for each substance manufactured or imported in quantities of 1 tonne or more per year per company. The Company exports some of its products to European countries and hence it has pre-registered certain products under REACH Regulation. The Company has received various certifications confirming its products to be in line with National and International Standards i.e. HALAL Certifications, STAR KOSHER Certifications, NSF Certifications, FAMIQS Certification, FSSC Certification.
In 2018-19, the Company's Unit I production capacity was enhanced by 850 MT. The Company commissioned production at Unit-2 facility, with additional 1550 MT to the capacity for industrial and lubricant chemicals in 2019-20. It set up Unit-3 in March, 2020.
In 2021-22, the Company incorporated a wholly owned subsidiary company in Netherlands viz.'Yasho Industries Europe B.V.' on June 29, 2021. It commenced construction of one more manufacturing unit at the Pakhajan Village, in Bharuch District of Gujarat and completed debottlenecking at existing plants.
In 2023, the Company expanded the capacity by 1,500 MT at their existing unit.
Parent Organisation
Indian Private
Managing Director
VINOD HARILAL JHAVERI
Founded
1985
NSE Symbol
YASHO
Community Discussion
V
vinny03
10th Apr, 2024
Yasho industries had a massive growth in the field of manufacturing fine and specialty chemicals, exporting worldwide and I’m excited to know about its future growth
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A
AngelOne
9th Apr, 2024
Yasho Industries commenced commercial production at its Pakhajan Plant; Details Inside
The 20,000 MTPA unit set up at an approximate cost of Rs 470 crore and reflects an 18.24% increase in the company’s shares over the past year.
About the Project:
Yasho Industries Limited, a leading Indian company manufacturing specialty and fine chemicals, has commenced commercial production at its Pakhajan Plant in Dahej District, Gujarat. Spread over 42 acres, the 20,000 MTPA unit has been established at an approximate cost of Rs 470 crore, exceeding the originally envisaged budget of Rs 400 crore. The company stated that this increase is due to enhancements in automation to improve efficiency levels, an increased capacity by around 15%, and inflationary factors.
Commenting on the development, Parag Jhaveri, Managing Director & CEO, expressed confidence that the new facility will not only strengthen the company’s competitive position in the market but also provide the requisite scale and capabilities to propel the company to the next level. This move also brings the company one step closer to transforming Yasho into a leading global chemical manufacturer.
According to the Q3FY24 Investors presentation, this marks phase 1 of the project utilizing 50-55% of the newly acquired 42-acre land, with 50% of the land still available in Pakhajan for future expansion. The focus of this phase will be strategically directed towards the production of industrial chemicals mostly lubricant and rubber chemicals. The estimated revenue from Phase 1 of the project is around Rs 550 - 600 crore.
Stock Performance:
During the last trading session, the company’s stock closed at Rs 1,799.60. Opening at Rs 1,796.75 today, it is currently trading at Rs 1,798.50, reflecting a 0.06% decrease. The company’s 52-week high stands at Rs 2,418, while its 52-week low stands at Rs 1,485.55. Presently, the company boasts a market capitalization of approximately Rs 2,000 crores. Over the past year, the company’s shares have appreciated by 18.24%, while in the same timeframe BSE Commodities have increased by 38.07%.
About Yasho:
Yasho Industries Limited is a pioneer in the field of manufacturing fine and specialty chemicals, exporting worldwide. It is fully equipped with well-established manufacturing facilities designed to produce multiple products. The company has a global customer base and generates more than 60% of its sales through exports. It continues to grow rapidly, catering to a diverse array of products across various industries, and maintains strong long-term relationships with customers in more than 50 countries. The company operates three well-equipped manufacturing units located in Vapi and a new unit at Pakhajan.
Disclaimer: This blog is intended solely for educational purposes. The securities mentioned are for illustrative purposes only and not recommendations. The content is sourced from various secondary sources on the internet and is subject to change. Please consult with a financial expert before making any related decisions.
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Yasho Industries Ltd FAQs
What is the share price of Yasho Industries Ltd (YASHO) shares?
Yasho Industries Ltd (YASHO) share price as of September 6, 2024, on NSE is Rs 2112 (NSE) and Rs 2112 (BSE) on BSE.
Can I buy Yasho Industries Ltd (YASHO) from Angel One?
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1. Direct investment: You can buy Yasho Industries Ltd (YASHO) shares by opening a Demat account with Angel One.
2. Indirect investment: The indirect method involves investing through ETFs and Mutual Funds that offer exposure to Yasho Industries Ltd (YASHO) shares.
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