Vishnu Chemicals

What Vishnu Chemicals does

Vishnu Chemicals Limited is a publicly listed Indian specialty chemicals manufacturer incorporated in 1993 and headquartered in Hyderabad, Telangana. The company operates two core product lines — Chromium compounds (Sodium Dichromate, Basic Chromium Sulphate, Chromic Acid, Chrome Oxide Green, Potassium Dichromate) and Barium compounds (Barium Carbonate, Barium Sulphate in Blanc Fixe Ultra and Radiant grades, Sodium Sulphide, Sodium Sulphate) — and is expanding into Strontium Carbonate following the November 2024 acquisition of Jayansree Pharma Private Limited. Manufacturing is conducted across four Indian facilities at Visakhapatnam, Bhilai, Hyderabad/SangaReddy, and Srikalahasti, with ISO 9001:2000 quality certification and a process chemistry and analytical laboratory that supports customer process development from feasibility to commercial scale.

The company sells primarily on a B2B negotiated-quote basis to industrial customers across eight end-markets — pharmaceuticals, leather, automobile, ceramics, glass, pigments and dyes, metallurgy, and steel — with revenue generated through one-time purchase contracts rather than recurring licensing. Distribution is handled through direct enterprise field sales with regional offices in Chennai and New Delhi for domestic India, and dedicated export desks serving North/Latin America, China, and Rest of World, reaching customers in 50+ countries. GTM relies on international trade shows (APLF, Paint India, ISF, Lineapelle, IILF India) and a website enquiry-based sales model rather than active digital or social media channels. Subsidiaries include Vishnu Barium Private Limited, Vishnu Strontium Private Limited, Vishnu South Africa (Pty) Limited, VChem Global Inc, and Vishnu Renewable Energy Private Limited.

Leadership is anchored by founder and Chairman & Managing Director Ch. Krishna Murthy, with Joint Managing Director Ch. Siddartha leading strategy and international marketing. The company completed a Rs 200 crore Qualified Institutions Placement in August 2023 to support manufacturing focus, and acquired Jayansree Pharma for INR 51.99 crore (~USD 6 million) in November 2024. The board includes independent directors with deep chemistry and finance credentials, including former Secretary of India's Department of Science & Technology and senior CSIR-IICT research leadership, reflecting scientific depth at the governance level.

Name

Vishnu Chemicals

Legal name

Vishnu Chemicals Limited

Website

https://vishnuchemicals.com

Company type

Public

Founded year

1993

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Vishnu Chemicals Limited is a publicly listed Indian specialty chemicals manufacturer producing Chromium and Barium compounds across four manufacturing facilities, serving industrial customers in pharmaceuticals, leather, ceramics, glass, pigments, metallurgy, and steel in 50+ countries.

Ownership category

akta.pro rank

Headquarters

HQ city

Hyderabad

HQ country

India

HQ region

Asia

Offices7 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

1. Specialty Chemicals Manufacturing and Sales: Vishnu Chemicals generates revenue through the manufacture and sale of specialty chemicals, primarily Chromium compounds (Sodium Dichromate, Basic Chromium Sulphate, Chromic Acid, Chrome Oxide Green, Potassium Dichromate) and Barium compounds (Barium Carbonate, Barium Sulphate, Sodium Sulphide, Sodium Sulphate) to global industrial customers across steel, glass, pharmaceutical, pigments, dyes, leather, automobile, ceramics, and metallurgy industries.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels1 record

Core offering

Vishnu Chemicals manufactures and globally supplies specialty and fine chemicals organized into two main product lines: Chromium Compounds (Sodium Dichromate, Basic Chromium Sulphate, Chromic Acid, Chrome Oxide Green, Potassium Dichromate) and Barium Compounds (Barium Carbonate, Barium Sulphate in Blanc Fixe Ultra and Radiant grades, Sodium Sulphate, Sodium Sulphide). The company sells these chemicals as raw materials and intermediates to industrial customers across pharmaceuticals, leather, automobile, ceramics, glass, pigments and dyes, metallurgy, and steel sectors, with supplementary process chemistry and contract research services for pharmaceutical customers.

Product overview

Vishnu Chemicals is a pure-play specialty and fine chemical manufacturer with two main product lines: Chromium Compounds and Barium Compounds. The Chromium Compounds portfolio includes Sodium Dichromate, Basic Chromium Sulphate, Chromic Acid, Chrome Oxide Green, and Potassium Dichromate - serving industries such as leather (tanning), pigments and coatings, metal treatment, and glass manufacturing. The Barium Compounds portfolio includes Barium Carbonate, Barium Sulphate (Blanc Fixe Ultra and Radiant variants), Sodium Sulphate, and Sodium Sulphide - serving ceramics, glass, electro-ceramics, pharmaceuticals, and industrial applications. The company operates as an integrated manufacturer supplying global companies across steel, glass, pharmaceutical, pigments and dyes, leather and allied industries.

Differentiator

Problem solved

Functional benefit

Products and services

• Sodium Dichromate Strong oxidising agent and a source for chromium-based derivatives, used in metal passivation, pigment preparations, wood preservation, pigments, coatings, screen printing, electroplating, pyrotechnics and explosives.
• Basic Chromium Sulphate Chromium Sulphate used primarily in the leather industry for tanning and processing; also used in synthesis of other chromium-based re-tanning agents, production of chromic compounds, dyeing of khaki cloth and manufacture of chrome-based dyestuffs.
• Chromic Acid High-purity Chromic Acid used in manufacturing metal and plastic coatings to produce a strong, tarnish-resistant chrome finish; also used as a wood preservative and in organic synthesis and preparation of other analytical-grade chrome chemicals.
• Chrome Oxide Green Also known as Chromium (III) Oxide, used as an inorganic pigment in paints, architectural coatings, plastics, roofing tiles and ceramic tiles; also used in heavy-duty refractory applications and in the manufacturing of chromium metal.
• Potassium Dichromate Oxidizing agent used in manufacturing matches, fireworks, dyes, glass, photography, ceramics, wood treatment, catalyst for metal production and specialty glass manufacturing.
• Barium Carbonate Used in manufacturing electro-ceramic materials, glazes, bricks, frits and enamels; widely used as a welding electrode coating and in glass manufacturing processes as a purifying agent; also serves as a source to manufacture other Barium chemicals like chloride, peroxide and nitrate.
• Barium Sulphate (Blanc Fixe Ultra and Radiant) Synthetic Barium Sulphate produced from highly purified solution, exhibiting excellent brightness, outstanding flow and levelling, low oil absorption, high refractive index and weathering resistance; used in coatings, plastics, rubber, adhesive, and battery applications.
• Sodium Sulphate Also called White Sodium Sulphate, used as a filler in the manufacture of detergents, glass, paper and textile materials; also serves as a drying agent for organic liquids and a fining agent in molten glass.
• Sodium Sulphide Used as a catalyst in textiles, dyes, mining, paper, and as a dehairing agent in leather; also used in wastewater treatment and soil remediation.

Quantifiable outcome

• Market leadership in Chromium chemicals in India achieved over 3 decades
• +1 more outcomes

Segments6 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

One partnership is on record.

• Jayansree Pharma Private Limited (JPPL)coreStrategic or Co-development Partner · 1 November 2024Vishnu Chemicals acquired 100% of Jayansree Pharma Private Limited, making JPPL a wholly-owned subsidiary. The acquisition, valued at INR 51.99 crore (approximately USD 6.0 million), was completed in November 2024. It aims to expand Vishnu Chemicals' presence in Visakhapatnam, Andhra Pradesh, and involves starting production of Strontium Carbonate (an inorganic chemical) at JPPL's plant. The acquisition boosts Vishnu's assets and expands manufacturing capabilities as part of its growth strategy.

Scale indicators8 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• Elementis plc: Global specialty chemicals company with a significant Chromium specialties business (chromium-based additives for coatings, oilfield, and personal care). Directly comparable to Vishnu Chemicals' chromium compound portfolio and B2B specialty chemicals model.
• Cathay Industries: One of the world's largest producers of iron oxide and chromium oxide green pigments. Directly competes with Vishnu's Chrome Oxide Green product line in the global pigments and coatings market.

Broad incumbents

• Lanxess AG: Major German specialty chemicals producer historically active in chromium chemicals and inorganic specialties. Serves similar end-markets (leather, pigments, metal finishing) at much larger scale, making it the most relevant broad incumbent peer.
• Atul Limited: Diversified Indian specialty chemicals manufacturer (aromatic intermediates, pigments, polymers). Comparable as an Indian-listed peer serving overlapping end-markets including pigments, dyes, and industrial chemicals.
• Bodal Chemicals Ltd: Indian manufacturer of dyes, dye intermediates, and basic chemicals. Comparable as a publicly listed Indian specialty chemicals peer serving similar pigments, dyes, and textile/leather end-markets.
• Sakai Chemical Industry Co., Ltd. Japanese chemical manufacturer producing barium compounds (barium carbonate, barium sulfate), titanium dioxide, and inorganic specialties. Directly comparable on the Barium compounds product line.
• Nippon Chemical Industrial Co., Ltd. Japanese producer of barium, strontium, and chromium inorganic chemicals. Comparable to Vishnu across both the barium/sulphur derivative portfolio and the planned Strontium Carbonate expansion.

Regional players

• Thirumalai Chemicals Ltd: Indian specialty chemicals manufacturer focused on organic intermediates and food chemicals. Comparable as a publicly listed Indian specialty chemicals peer competing in similar B2B export channels.
• Hebei Chromate & Chemicals Co., Ltd. Chinese producer of sodium dichromate, chromic acid, and chrome oxide green. Direct competitor in the chromium chemicals space, primarily serving Asia and competing with Vishnu on price in export markets.
• Travancore Cochin Chemicals Ltd: Kerala-based Indian chemicals manufacturer producing caustic soda and related inorganic chemicals. Comparable as an Indian inorganic chemicals peer with similar B2B distribution channels.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks7 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/vishnu-chemicals

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Subsidiaries6 records

Funding overview

Funding rounds1 record

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Vishnu Chemicals