About Phychem Technologies
Phychem Technologies manufactures rotational molding (roto molding) compounds, which are the essential raw materials used to produce hollow plastic products like water tanks, portable toilets, and industrial containers. The company caters to diverse sectors, including agriculture, construction, and water management, and also exports its products to various international markets.
Financial Highlights
The company has shown steady year-over-year growth in both revenue and profitability.
FY 2024-25: Total Revenue of ₹51.11 Cr | Profit After Tax (PAT) of ₹2.84 Cr
FY 2023-24: Total Revenue of ₹47.59 Cr | Profit After Tax (PAT) of ₹1.69 Cr
FY 2022-23: Total Revenue of ₹43.19 Cr | Profit After Tax (PAT) of ₹1.32 Cr
Objects of the Issue
The funds raised from the fresh issue will primarily be used for:
Capital expenditure for the procurement of new plant and machinery (approx. ₹4.86 Cr).
Repayment or prepayment of outstanding borrowings (approx. ₹3.00 Cr).
Meeting working capital requirements and general corporate purposes.
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