Elantas Beck - Elantas Beck

📊 BSE: 500123 🏢 Specialty Chemicals 📅 Last Updated: 11/13/2025 15:25

💰 Financial Performance

Revenue Growth by Segment

Not disclosed in available documents. The company operates in segments including Wire Enamels, Construction Chemicals, Engineering Materials, and Electrical Insulation (EL-II & EC).

Geographic Revenue Split

Not disclosed in available documents. The company has a manufacturing presence in Pimpri (Pune) and Ankleshwar.

Profitability Margins

Not disclosed in available documents. The company maintains an unmodiﬁed opinion in its audit report, indicating reliable financial reporting.

Capital Expenditure

Not disclosed in available documents. The company has a dedicated GM for Engineering, Maintenance & New Projects, indicating ongoing capital management.

Credit Rating & Borrowing

Not disclosed in available documents. The company did not raise funds through preferential allotment or qualified institutions placement during 2024.

⚙️ Operational Drivers

Raw Materials

Chemical resins, solvents, and specialty additives used for Wire Enamels and Construction Chemicals. Specific percentage of total cost is not disclosed.

Capacity Expansion

Current installed capacity is not specified. The company has a 'Head - New Projects' and 'GM - Engineering, Maintenance & New Projects' to manage operational growth.

Raw Material Costs

Not disclosed in available documents. The company monitors commodity price risks, although it states it does not deal directly in commodities.

Manufacturing Efficiency

Not disclosed in available documents. Manufacturing operations are overseen by a Vice President of Manufacturing Operations.

📈 Strategic Growth

Expected Growth Rate

Not disclosed

Growth Strategy

The company focuses on market development in specialized segments such as Wire Enamels, Construction Chemicals, and Engineering Materials. Growth is supported by a dedicated R&D head and a 'Head - New Projects' to drive product innovation and market expansion.

Products & Services

Wire Enamels, Construction Chemicals, Engineering Materials, Electrical Insulation (EL-II & EC), and Low Voltage (LV) insulation products.

Brand Portfolio

ELANTAS

Market Expansion

Targeting growth in Wire Enamels and Construction Chemicals; specific regional timelines are not disclosed.

Strategic Alliances

The company is a part of the global ALTANA Group, providing access to international technical expertise.

🌍 External Factors

Industry Trends

Growing demand for high-performance insulation materials in the electrical machinery and infrastructure sectors. The industry is evolving toward higher sustainability and ESG compliance, which the company is monitoring through its Risk Management Committee.

Competitive Landscape

The company competes in the specialty chemicals and electrical insulation market; key competitors are not named in the documents.

Competitive Moat

Technical leadership in wire enamels and electrical insulation, supported by the global R&D network of the ALTANA Group. This provides a durable competitive advantage in specialized chemical formulations.

Macro Economic Sensitivity

Highly sensitive to manufacturing sector GDP and infrastructure spending due to its product mix in wire enamels and construction chemicals.

Consumer Behavior

Shift toward higher quality and more durable construction chemicals and engineering materials in the industrial sector.

⚖️ Regulatory & Governance

Industry Regulations

Compliance with SEBI Listing Regulations, the Companies Act 2013, and SEBI (Prohibition of Insider Trading) Regulations 2015.

Environmental Compliance

ESG-related risks are monitored by the Risk Management Committee; specific compliance costs are not disclosed.

Legal Contingencies

The company reported NIL investor complaints filed, disposed of, or pending for the financial year ended December 31, 2024. Aggregate fees of INR 64.76 lakh were paid to statutory auditors for various services.