Rishiroop

What Rishiroop does

Rishiroop Ltd. is an Indian specialty chemicals manufacturer headquartered in Mumbai and publicly listed on the Bombay Stock Exchange (ISIN: INE582D01013). Formed via the merger of Puneet Resins Ltd. and Rishiroop Rubber (International) Ltd., the firm pioneered the domestic Indian manufacture of Chlorinated Rubber and NBR/PVC polymer blends and operates two manufacturing plants in Nashik and Wadivare with warehouses in Bhiwandi and Chennai. Distribution extends through regional offices in Delhi, Chennai, and Dubai, with representatives in Ahmedabad, Bangalore, Kolkata, and Shanghai.

The company's product architecture centers on three flagship brands: Chlorub (Chlorinated Rubber in six viscosity grades CR 10 to CR 170), Vinoprene (NBR/PVC blends in seven grades for printing rolls, LPG hoses, and industrial rubber), and Vinoplast (NBR/PVC blends in three NBR:PVC ratios for wire and cable insulation and rubber flooring). Beyond these brands, Rishiroop distributes a broader elastomer portfolio (NBR, EPDM, polychloroprene, SBR, polybutadiene, styrenic block copolymers, thermoplastic polyolefins, thermoplastic vulcanizates) and chemical additives (carbon blacks, fillers, plasticizers, vulcanizing agents). Manufacturing technology is owned in-house and is described in company materials as the Indian industry quality benchmark.

Rishiroop operates a B2B industrial chemicals revenue model with quote-based pricing, selling directly to manufacturers in marine paints, road marking coatings, wire and cable, rubber flooring, LPG hoses, printing rolls, construction, oil and gas, mining, textiles, and pharmaceuticals. Reported FY26 sales were Rs 71.99 crore (~$8.6M USD), a 3.19% YoY decline, with net profit of Rs 6.70 crore down 37.15% YoY and a Q4 FY26 net loss of Rs 5.62 crore. The firm holds SGS-certified ISO 9001:2008 quality management certification and was included in the Forbes Asia '200 Best Under a Billion' list in 2012 and 2013.

Name

Rishiroop

Legal name

Rishiroop Ltd.

Website

https://rishiroop.in

Company type

Public

Founded year

1984

Operating status

Operating

Headcount range

11–50 employees

Short description

Rishiroop Ltd. is a Mumbai-headquartered, BSE-listed Indian specialty chemicals manufacturer that pioneered domestic production of Chlorinated Rubber (Chlorub) and NBR/PVC polymer blends (Vinoprene, Vinoplast), selling these and other elastomers and additives to industrial manufacturers in marine paints, wire and cable, rubber flooring, and coatings globally.

Ownership category

akta.pro rank

Product category

Specialty Rubber & Polymer Manufacturing

NAICS

Synthetic Rubber Manufacturing (325212)

SIC

Plastic Materials, Synth Resins & Nonvulcan Elastomers (2821)

akta.pro primary industry

Elastomers & Synthetic Rubber Polymer Manufacturing (SBR, BR, NBR, EPDM, Silicone base polymers) (IMANAAAD)

Keywords

• Specialty rubber manufacturing
• Chlorinated rubber production
• NBR PVC polymer blends
• Industrial rubber chemicals
• Polymer additives distribution

Headquarters

HQ city

Mumbai

HQ country

India

HQ region

Asia

Offices8 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Chemical/Rubber Product Sales: Manufacturing and sale of specialty rubber and polymer products including Chlorinated Rubber, NBR/PVC blends, and other rubber chemicals. Revenue from domestic sales and exports.

Distribution channels2 records

Core offering

Rishiroop Ltd. manufactures and sells specialty rubber and polymer products, with its core portfolio being Chlorinated Rubber (marketed under the brand Chlorub) and NBR/PVC polymer blends (marketed under the brands Vinoprene and Vinoplast). The company also supplies a wider range of elastomers (NBR, EPDM, CR, SBR, polybutadiene rubber, styrenic block copolymers, thermoplastic polyolefins, thermoplastic vulcanizates) plus raw materials and chemical additives (carbon blacks, fillers, plasticizers, resins, waxes, antioxidants, vulcanizing agents) for industrial manufacturers in paints/coatings, hoses, wire & cable, rubber flooring, printing rolls, LPG, and related sectors.

Product overview

Rishiroop Ltd. is a manufacturer and exporter of specialty rubber and polymer products. The company's core product portfolio centers on two main branded product lines: Chlorub (Chlorinated Rubber) available in multiple viscosity grades for paints, coatings, and marine applications; and Vinoprene/Vinoplast (NBR/PVC polymer blends) in various ratios for wire & cable, rubber flooring, printing rolls, and hose applications. Beyond these flagship products, Rishiroop offers a comprehensive range of elastomers including NBR, EPDM, CR, SBR, polybutadiene rubber, and styrenic block copolymers, along with thermoplastic polyolefins and vulcanizates. The company also supplies essential raw materials and chemical additives such as carbon blacks, functional fillers, silaceous earths, naphthenic oils, plasticizers, hydrocarbon resins, waxes, anti-oxidants, and vulcanizing agents. Rishiroop pioneered the manufacture of both Chlorinated Rubber and NBR/PVC blends in India and is recognized as the industry benchmark for quality.

Differentiator

Problem solved

Functional benefit

Brands

• Chlorub: Chlorinated Rubber product brand manufactured by Rishiroop Ltd. in India.
• Vinoprene
• Vinoplast

Products and services

• Chlorinated Rubber (Chlorub) Chlorinated Rubber manufactured and sold under the Chlorub brand — a white powder with minimum 50% chlorine content, non-toxic and odorless — available in viscosity grades CR 10, CR 20, CR 40, CR 90, CR 130 and CR 170 (viscosities from 8–12 mPas up to 160–230 mPas). Used by industrial coatings producers for marine paints, road marking paints, and general industrial coatings applications where bacterial resistance and heat stability (decomposes above 130°C) are required.
• NBR/PVC Polymer Blend — Vinoprene Acrylonitrile Butadiene Rubber (NBR) and Poly-vinyl Chloride (PVC) polymer blend sold under the Vinoprene brand, primarily a 60:40 NBR:PVC blend with 34% ACN content, offered in pale yellow to amber sheet form. Available in multiple grades (V-640, V-656, V-657, V-700, V-701, V-706, V-726) covering 60:40 and 70:30 NBR:PVC ratios and a 28–34% ACN range. Used by industrial rubber goods manufacturers for printing rolls, LPG hoses, and other industrial rubber applications.
• NBR/PVC Polymer Blend — Vinoplast Acrylonitrile Butadiene Rubber (NBR) and Poly-vinyl Chloride (PVC) polymer blend sold under the Vinoplast brand, offered in light yellow chip or amber sheet forms. Available in multiple grades (V-582, V-467, V-510) covering NBR:PVC ratios of 70:30, 40:60 and 50:50 with 34% ACN content. Used by rubber product manufacturers for wire and cable insulation, rubber flooring, and similar industrial rubber applications.
• Acrylonitrile Butadiene Rubber (NBR) Acrylonitrile Butadiene Rubber, including NBR latex variants, supplied as part of Rishiroop's elastomer portfolio for industrial applications.
• Ethylene Propylene Diene Rubber (EPDM) Ethylene Propylene Diene Rubber supplied as part of Rishiroop's elastomer portfolio for industrial applications.
• Polychloroprene Rubber (CR) Polychloroprene Rubber, including CR latex variants, supplied as part of Rishiroop's elastomer portfolio for industrial applications.
• Styrene Butadiene Rubber (SBR) Styrene Butadiene Rubber available in emulsion and solution grades, including SBR latex variants, supplied as part of Rishiroop's elastomer portfolio.
• Other Elastomers and Polymers Additional elastomers and polymer products in Rishiroop's portfolio: Poly-Butadiene Rubber, Styrenic Block Copolymers, Thermoplastic Polyolefins, and Thermoplastic Vulcanizates — supplied to industrial buyers across multiple sectors.
• Raw Materials and Chemical Additives A broad portfolio of raw materials and chemical additives: Carbon Blacks, Functional Fillers, Nueberg Silaceous Earths (NSE's), Naphthenic Oils, Polymeric Plasticizers, Aliphatic/Aromatic Hydrocarbon Resins, Alpha Polyolefin/Polypropylene Waxes, Anti-oxidants/Anti-ozonants, Flow Promoters, Homogenizing Agents, Polymer Bound Dispersions, Styrenated Phenol, Vulcanized Vegetable Oils (Factices), and Vulcanizing Agents — supplied to rubber and industrial compounders.

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Scale indicators4 records

Recent moves7 records

Expansion highlights4 records

Direct peers

• LANXESS: LANXESS is a major German specialty chemicals company producing NBR, EPDM, CR (neoprene) and other elastomers for industrial applications. It is a direct competitor to Rishiroop across multiple product lines including chloroprene rubber and NBR.
• NOCIL Limited: NOCIL is an Indian rubber chemicals manufacturer producing antioxidants, accelerators and other vulcanization additives for the rubber industry. It is a domestic Indian peer that supplies similar compounding inputs and additives as Rishiroop's ancillary product portfolio.
• Denka Company Limited: Denka is a major Japanese producer of chloroprene rubber (CR) under the Denka Chloroprene brand, directly competing with Rishiroop's Chlorub chlorinated rubber in marine paints, road marking and industrial coatings applications.
• Arlanxeo: Arlanxeo is a global synthetic rubber joint venture producing NBR, EPDM, SBR and other elastomers at world scale, serving the same downstream hose, cable, seal and automotive rubber customers as Rishiroop. It is a direct competitor in synthetic rubber manufacturing.
• Zeon Corporation: Zeon is a leading Japanese specialty rubber manufacturer and one of the world's largest producers of NBR/PVC polymer blends, making it the closest direct competitor to Rishiroop's Vinoprene and Vinoplast product lines. Both serve printing rolls, hoses, cable insulation and industrial rubber goods customers.
• Tosoh Corporation: Tosoh is a Japanese chemical manufacturer producing chloroprene rubber (Skyprene), synthetic rubbers and specialty polymers. It directly competes with Rishiroop's chlorinated rubber in industrial and coatings applications.
• Apcotex Industries Limited: Apcotex is an Indian manufacturer of synthetic latices (NBR, SBR, XNB, polychloroprene latex) and specialty rubber chemicals, serving similar Indian and export markets to Rishiroop across paper, textile, construction and industrial rubber segments.
• INEOS Nitriles: INEOS is one of the world's largest producers of acrylonitrile butadiene rubber (NBR) and NBR latex, directly competing with Rishiroop's NBR product line for industrial rubber applications including hoses, seals and gaskets.

Broad incumbents

• Reliance Industries Limited: Reliance is India's largest petrochemicals producer with broad presence in synthetic rubbers, polymers and specialty chemicals including butyl rubber and SBR. While not a direct specialist in chlorinated rubber or NBR/PVC blends, it operates in the broader Indian specialty rubber and polymer space where Rishiroop competes.

Emerging players

• Trelleborg AB: Trelleborg is a global engineered polymer solutions company producing rubber compounds and specialty elastomer products for industrial, automotive and infrastructure customers. While it focuses more on finished rubber products than raw materials, it overlaps with Rishiroop in specialty rubber formulations for industrial end markets.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about Rishiroop