💰 Financial Performance

Geographic Revenue Split

Foreign subsidiaries Atlas Tints and South West Chemicals Corporation generated revenues of INR 0.248 Cr (Rs. 24.84 Lakhs) and INR 4.67 Cr (Rs. 467.68 Lakhs) respectively for FY 2024-25.

Profitability Margins

The company reported a profit for FY 2024-25, but specific consolidated gross, operating, or net margin percentages were not disclosed in the snippets.

⚙️ Operational Drivers

Raw Materials

Raw materials are listed as a component of inventory valuation, but specific chemical names or their percentage of total costs are not disclosed.

Raw Material Costs

Raw materials are valued at the lower of cost or net realizable value using the weighted average cost method; specific YoY cost changes were not disclosed.

📈 Strategic Growth

Expected Growth Rate

Not disclosed

Growth Strategy

The company is expanding its global footprint through foreign subsidiaries Atlas Tints and South West Chemicals Corporation. Growth is supported by a focus on the colorants market and maintaining effective internal financial controls to ensure reliable financial reporting for external purposes.

Products & Services

Colorants (specifically mentioned as the primary source of revenue recognized at the point of dispatch).

Market Expansion

The company has established an international presence with subsidiaries Atlas Tints and South West Chemicals Corporation as of March 31, 2025.

🌍 External Factors

Industry Trends

The colorant industry is seeing a shift toward more rigorous consolidated financial reporting and adherence to standardized accounting principles (AS) to provide fair presentations of financial positions.

Competitive Moat

The company's moat is built on its established international subsidiary network and adherence to internal financial control frameworks, which provide a basis for reliable financial reporting and operational efficiency.

Geopolitical Risks

International operations through foreign subsidiaries expose the company to trade barriers and geopolitical risks in those specific jurisdictions.

⚖️ Regulatory & Governance

Industry Regulations

Operations are governed by the Companies Act, 2013, and Accounting Standards (AS) including AS 9 (Revenue Recognition), AS 2 (Inventory Valuation), and AS 29 (Provisions and Contingent Liabilities).

Legal Contingencies

The company has disclosed the impact of pending litigations on its financial position in its consolidated financial statements for FY 2024-25; specific case values were not disclosed in the snippets.

⚠️ Risk Analysis

Key Uncertainties

Inherent limitations in internal financial controls, such as collusion or improper management override, could lead to undetected material misstatements.

Geographic Concentration Risk

The company has significant geographic concentration in foreign markets through its subsidiaries, with South West Chemicals Corporation holding assets of INR 4.57 Cr.