H1 FY24 Financial Performance
India's Edge in the Global Chemicals Market
K
R
Bodal Chemicals Ltd.
COLOURS. INTEGRATION. INNOVATION.
R
Industry Megatrends
Structural Shift
Unorganized players in the Dye Intermediates
and Dyestuffs Industry have been declining
China +1
India is emerging as the next alternative
supplier for the global market
Compliance
Companies that are compliant with global
environment laws will sustain
Policy Changes in China
Stringent measures & environment norms have
eliminated small companies in china
Rising Exports
India has increased their chemical exports over
the last few years
Textile Industry
Textiles constitutes ~80% of the total Dyestuffs
demand and is expected to recover gradually
Atamanirbhar Bharat Abhiyan
The govt. initiative to reduce dependency on
import of chemicals
Dyestuff Production
Gujarat is a leader with over 75% market
share in Dyestuff Industry
Integrated player
Companies that have backward integration
will have higher competitive edge
Availability of Raw Material
All key raw materials are available in India
Bodal's Edge
Highly Compliant & Large
Integrated Dyestuffs Player
Dyestuff Market Share
Dye-Intermediates Market Share
Domestic
~13%
Global
~3%
Domestic
Global
~20%
~6%
*Above market share figures are based on management estimates
26View entire presentation