Kothari Petrochemicals Ltd Share Price

Kothari Petrochemicals Limited (KPL), incorporated in April, 1989 is the manufacturer of Polyisobutylene (PIB), with the capacity of 48,000 tones per annum. The strategic focus remains on ensuring consistent supply of PIB to customers, strengthening feedstock sourcing strategies, expanding into value-added PIB derivatives, and enhancing operational efficiencies During the period 2016-17, the Company acquired the entire share capital of KPL HK held by KPL SG and thereby KPL HK has become the wholly owned subsidiary of the Company. Both subsidiary companies have filed application for striking off / de-registration in their respective host countries and the companies are under the process of winding up. Investments made in both the subsidiaries were repatriated to India during the period under review. The Company informed the Stock Exchange on winding up / de-registration application filed the subsidiary by companies. To augment supply of raw material from the local source, the Company commissioned Lean Poly Iso Butylene Feed Stock (LBPFS) plant in September 2016 and meet additional requirement of steam and power for this plant as well as the existing PIB plant, a 2 MW captive power plant was commissioned in December 2017 with all necessary statutory clearances to meet 100% requirement of quality power and steam at a controlled cost. An Effluent Water Recycle Plant commissioned in 2019 costing Rs. 4 Crores to comply the PCB's stringent effluent disposal norms as well as reduce the dependency of water supply from Metro Water Board which is a costlier resource. The Company completed the Debottlenecking Project. Post this project, the plant production capacity was revised to 48,000 MT per year in 2023. An existing mud pond has been revamped and lined with a geomembrane, enabling it to store approximately 4,000 KL of rainwater in FY 2025. During 2026, additional power requirements were met through the State Electricity Board grid. Further strengthening the renewable energy, an additional 60 kW solar capacity was installed, augmenting the existing 247 kW system. Necessary approvals from TANGEDCO were obtained, and the entire solar generation was utilized for internal consumption, with no export to the grid. Company produced 39,163 MT of Polyisobutylene (PIB), achieving 90.35% of the annual plan in 2025-26. Further strengthening the innovation infrastructure, the Company commissioned its third Synthesis Laboratory building in 2026.