Anupam Rasayan Share Price Rises 3% Post Signing ₹922 Crore LOI

Market Performance

Anupam Rasayan's stock rose nearly 3% in morning trade on the BSE on March 11 despite overall market weakness. The stock opened at ₹802.05, compared to its previous closing price of ₹787.70, and touched a high of ₹810.55 before retracing some gains. By 9:45 AM, it was trading at ₹791.35, reflecting a 0.46% increase.

Significant Business Development

Anupam Rasayan has announced the signing of a ₹922 crore letter of intent (LOI) with a Korean multinational corporation specializing in speciality chemicals. The agreement spans 10 years and pertains to the supply of a high-performance niche chemical starting from FY26.

This development highlights Anupam Rasayan's expertise in custom synthesis and speciality chemicals. The newly secured agreement is expected to enhance the company's presence in global markets, particularly in the aviation and electronics industries.

Company Expansion and Strategic Focus

Anupam Rasayan continues to expand its footprint by leveraging its strong R&D capabilities and well-integrated supply chain. The company's backward integration ensures supply chain efficiency, offering reliability to its global clientele. With this agreement, Anupam Rasayan is also strengthening its operations in South Korea, further solidifying its position in advanced manufacturing sectors.

Financials

• Revenue: The company has projected a peak revenue potential of ₹30 billion, based on its assets worth ₹20 billion.
• Segment Performance: Growth remains strong in the pharmaceutical and polymer sectors, while the agrochemical segment shows signs of recovery.
• Future Growth Targets: Anupam Rasayan aims for a 35-40% revenue growth in FY26.
• EBITDA Margins: The company anticipates stabilizing its EBITDA margin at approximately 26-28%.

Stock Performance Trend

Anupam Rasayan's stock has experienced a 16% decline over the past year. The stock reached a 52-week low of ₹600.95 on February 28, 2025, following a 52-week high of ₹954 recorded on March 11, 2024.

Summary

Anupam Rasayan's recent ₹922 crore LOI with a Korean MNC underscores its growing presence in the speciality chemicals market. With a strong focus on R&D, supply chain integration, and expansion into South Korea, the company continues to position itself for long-term growth. Its financial outlook remains positive, driven by strong sectoral performance and strategic agreements.