About Indofil Industries Limited
A Comprehensive Overview of Price & Journey
Understanding Indofil Industries Limited Inception and Growth
Overview
Indofil Industries Limited has been in the Agro Specialty and Innovative Solution Business for about six decades. They are a Diverse, Equitable, and Inclusive enterprise. They firmly believe in Environmental, Social, and Corporate Governance (ESG) and are committed to a sustainable business.
For over six decades, Indofil Industries Limited (the Company) has created a unique place for itself in both Agricultural Chemicals (ABD) and Indofil Innovative Solutions (IIS). In the agrochemical segment, the Company has a diverse portfolio of patented and co-branded products in addition to formulations that aid in plant health and enhancement of agricultural productivity. The Company also manufactures and supplies specialty performance chemicals across the plastic, leather, textile, coating, and construction sectors.
The company receives Revenue of around 45% from Agro International and 40% from Agro domestic and the remaining 15% from the Innovative solutions. It receives around 55% of its revenue from India, 23% from Latin America, 15% from ROW, and 8% from Europe.
The Company has emerged as a strong market leader in both categories, owing to its technologically advanced manufacturing infrastructure, a result-oriented Research & Development team, and an excellent domestic and international distribution network. The Company is one of the reputed suppliers of Mancozeb formulations in 124 countries. In the domestic market, the Company is successful in the strategic marketing of insecticides, fungicides, bactericides, herbicides, acaricides, surfactants, and plant growth regulators (PGR). The Company is present in the micronutrients and bio-stimulants segments in partnership with a US-based company. The Company is driven by the “Crop Care Concept” in the agriculture business.
Principal Business
Agro chemicals
Fungicides
Herbicides
Insecticides
Surfactants and Plant Growth Regulators
Acaricides
Speciality & Performance Chemicals
Leather: Preservatives | Degreasing Agents | Syntans
Plastics: Acrylic Impact Modifiers | Acrylic Processing Aids
Textiles: Acrylic Binders | Silicone Emulsions | Water Repellents
Coatings and Construction: Water-based Emulsions | Cement Modifiers
Other Solutions: Resins and Binders | Waxes and Fillers
Waterproofing: Chemicals Tile Adhesives
Board of Directors
Dr. Bina Modi, Chairperson & Managing Director
Ms. Charu Modi, Executive Director
Mr. Samir Modi, Non-Executive and Non-Independent Director
Ms. Aliya Modi, Non-Executive and Non-Independent Director
Mr. Mayur Maheshwari, Nominee Director
Mr. S. Lakshminarayanan, Non-Executive and Independent Director
Mr. M. N. Thakkar, Non-Executive and Independent Director
Dr. Atchutuni L. Rao, Whole-time Director - Operations
Company Initiatives and New Ventures
Embracing Green Chemistry: Diversified product portfolio with natural bio-fertilizers and bio-stimulants.
Specialty Chemicals Venture: Entered the paint, leather, textile, and plastic industries with emulsifiers.
Core Strengths
Keeping pace with technological advancements to understand the current pulse of the market in keeping with the global digitization trends.
Boasts of a proficient team of experts capable of handling logistics and supply chain efficiently, led by their rich industry experience.
Strategic organizational objectives and the day-to-day business operations are well aligned with each other.
A vast product portfolio enables the Company to offer diverse solutions to a variety of end-user segments.
Strong market penetration is the backbone of the Company’s operations and has ena