Brief:
Specialty chemicals manufacturer Yasho Industries Ltd has signed a 15-year agreement with a global multinational corporation to supply lubricant additives, a deal expected to generate around ₹150 crore in annual revenue from FY27 onwards. The company will build a dedicated facility at its Pakhajan site to service the long-term contract.
Key Details of the Agreement
- Duration: 15 years
- Product: Lubricant additives
- Revenue Potential: ~₹150 crore per year (starting FY27 Q4)
- Facility: Dedicated unit at Pakhajan, Gujarat (completion in 12–18 months)
- Advance Payment: To support facility construction
- Pricing: Linked to a pre-agreed formula with the customer
- Compliance: No related-party or promoter interest involved
Company Statement
Parag Jhaveri, Managing Director & CEO of Yasho Industries, said:
“This agreement marks a significant milestone for our company. It underscores the confidence that global customers place in our capabilities, reliability, and quality standards. With this partnership, we are strengthening our growth pipeline and securing long-term business visibility and sustainability.”
Industry Context
Yasho Industries, headquartered in Mumbai, derives more than 65% of its revenue from exports. The company manufactures specialty chemicals for sectors such as rubber, lubricants, and aroma chemicals and operates four manufacturing units in Vapi and Pakhajan, Gujarat, serving customers across 50+ countries.
The deal reinforces India’s growing presence in the global specialty chemicals supply chain, particularly in segments requiring reliability and long-term partnerships.
Disclaimer:
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