About Neptune Petrochemicals Limited IPO
Incorporated in October 2021, Neptune Petrochemicals Limited is engaged in the manufacturing and trading of a wide range of bitumen products and emulsions. The company's product portfolio includes various grades of bitumen such as polymer-modified bitumen and crumb-rubber-modified bitumen, catering to industries like construction and infrastructure.
With three manufacturing units located in Ahmedabad (Gujarat), Panipat (Haryana), and Kamrup (Assam), Neptune Petrochemicals is strategically positioned to serve a pan-India client base and exports to countries like Nepal and Bhutan. The company also trades bitumen and fuel oils, sourcing from reputed suppliers to maintain high-quality standards.
Certified with ISO 9001:2015 (Quality Management), ISO 14001:2015 (Environmental Management), and OHSAS 18001:2018 (Occupational Health & Safety), the company is committed to maintaining global standards in its operations.
Why To Invest in Neptune Petrochemicals Limited IPO
Strong Financial Growth: Revenue grew from 82.16 Cr in FY22 to 675.97 Cr in FY24. Profit after tax also increased significantly to 20.82 Cr.
High Return Ratios: The company boasts impressive KPIs ROE, ROCE, and RoNW all at 65%, indicating excellent capital efficiency.
Focused Business Model: Specialization in bitumen products for construction and infrastructure provides a niche edge in a growing sector.
Pan-India and Export Presence: With operations across multiple states and exports to neighboring countries, the company has a wide market reach.
Low Debt: With negligible borrowings, the company maintains a robust and healthy balance sheet.
Period Ended | 31 Dec 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
---|---|---|---|---|
Assets | 117.00 | 120.95 | 107.88 | 97.51 |
Revenue | 620.16 | 675.97 | 709.31 | 82.16 |
Profit After Tax | 19.47 | 20.82 | 10.39 | 0.68 |
Net Worth | 61.23 | 31.90 | 11.08 | 0.69 |
Reserves and Surplus | 44.57 | 31.89 | 11.07 | 0.68 |
Total Borrowing | 0.16 | 0.00 | 5.12 | 0.00 |
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