Daikaffil Chemicals India Ltd - Stock Valuation and Financial Performance

Daikaffil Chemicals India, established in 1992, is a chemical manufacturing company .They have come a long way since and established a name in the chemical industry. Other than the production of chemicals, which after processing becomes a part of everyone's day to day life, Daikaffil entered the consumer arena in 1995 by converting into a public limited company.

The company is engaged in manufacturing of Fluorescent Whiteners, Naphthols and Para Amino Benzamide under Japanese Joint Venture, The quality of all the products is well accepted by multinational companies like Clariant, KIWA (Japan) e.t.c. The plant has all the necessary equipments and infrastructure to carry out key synthesis/processes of any Dye - Intermediaries, Dyes e.t.c, Its Fluorescent Whiteners are equivalent to Leucophor, Uvitex, Tinopal, Blankophor.

Daikaffil has a production facility in Tarapur. The unit was established in 1992 and from a small turnover of about 1 crore that year, the unit has achieved higher sales in the range of Rs. 10 crore, with reasonable profits and reserves in the last ten years. In the year 1993, DAIKAFFIL came across the Japanese Technology. It realised the benefits of using it which resulted in low input costs as well as manual labour in the area of production and automation respectively. Hence, they decided to venture into collaboration with them, on terms of transparency, trust and full co-operation from both sides. They are staunch believers of hard work and morality, which is why they have been able to incorporate goodwill amongst all our audience, be it clients, consumers, suppliers, share holders, bankers or their very own employees. They believe that 'All successful business stands on foundation of morality, and the price of greatness is responsibility.'

Their quality and consistency as a reliable source of supply is the key differentiator between them and the others, hence we are fully conscious that at any costs they have to maintain their credibility. It is only because of such reasons that their clients value their work to the extent that they export their products under their names and trademarks claiming full responsibility.

Today, it has a subscribed capital of Rs. 52 Million having more than 4000 share holders, including Foreign Collaborators, Financial Institutions, Body Corporates,  Non - Resident Indians and Indian public.

Their clientele includes established names in the industry like Clariant, KIWA, ERCA spa, DAIKA (Japan) and many more.

Product range of the company includes:

The main products are various types of Stilbene Derivatives, Optical Brighteners for Textiles / Paper / Detergent Industries, Naphthol Grounders for Pigments and Intermediates for Pigment Red 170.

• Stilbene Derivates
• Optical Brighteners
• Dye Intermediaries
• Naphthols

Achievements/ recognition:

An ISO 9001:2000 certified company