Yasho Industries signs 15-year chemical supply deal, sees ₹150 crore annual revenue

Yasho Industries Ltd said on Thursday it has signed a 15-year supply agreement with a leading global multinational corporation for the supply of lubricant additives, a deal that will generate about ₹150 crore in annual revenue starting from the end of fiscal 2027.The Mumbai-based specialty chemicals maker said it will receive an advance to build a dedicated facility for the project at its Pakhajan site, which is expected to be ready within 12 to 18 months. Supplies are likely to commence in the fourth quarter of FY27, it added in a regulatory filing.

The pricing of the product will be linked to a pre-agreed formula with the customer, Yasho said, adding that the contract does not involve any related-party transactions or promoter interest.

“This agreement marks a significant milestone for our company. It underscores the confidence that global customers place in our capabilities, reliability, and quality standards,” said Parag Jhaveri, Managing Director & CEO of Yasho Industries. “With this partnership, we are strengthening our growth pipeline and securing long-term business visibility and sustainability.”Yasho Industries, which derives over 65% of its revenue from exports, manufactures specialty chemicals for industries including rubber, lubricants, and aroma chemicals. It operates four manufacturing units in Vapi and Pakhajan, Gujarat, and serves customers in more than 50 countries.

Shares of the company ended 4.7% higher at a price of ₹1,861.00 on Thursday. However, the stock has fallen nearly 7% in the year-to-date.