What Yasho Industries does

Yasho Industries Limited is a publicly listed Indian manufacturer of specialty and fine chemicals, headquartered in Mumbai with manufacturing operations centered in Vapi and Dahej, Gujarat. Incorporated in 1985 (CIN L74110MH1985PLC037900) and operating commercially since 1993, the company produces performance chemicals across six branded product lines—YAROMAX® aroma chemicals (clove oil and derivatives such as eugenol, methyl eugenol, isoeugenol), YANTQ®/YAPOX® food antioxidants (TBHQ, BHA, BHT, ascorbyl palmitate), QUREACC®/QUREANTI® rubber chemicals (accelerators, antioxidants, co-agents for EPDM, SBR, NBR, ECO, Acrylic, NR), the MG Series of pre-dispersed rubber chemicals for dust-free handling, YALUB® lubricant additives (antioxidants, molybdenum friction modifiers, dithiocarbamates, thiadiazoles, metal deactivators), and YAPOX® specialty chemicals (electroplating, pharmaceutical intermediates, UPR resins, polyurethanes, printing inks, agrochemicals). Core technology rests on organic process chemistry expertise, multipurpose plant engineering that allows production of 100+ products on shared infrastructure, and a DSIR-recognized R&D facility.

The business model is direct B2B sales of manufactured chemicals to industrial customers across five verticals—Rubber & Latex, Food & Flavors, Perfumery, Lubricants, and Specialty applications—with custom pricing by volume and specification; no list pricing is publicly disclosed. The company holds a dense regulatory certification stack (ISO 9001/14001/45001, FSSC 22000, FSSAI, HALAL, STAR KOSHER, FAMI-QS, NSF, AGQM, REACH registrations) that unlocks regulated food, feed, and lubricant markets. Distribution is anchored by three Vapi GIDC plants and the newer Pakhajan (Dahej) facility, supported by wholly-owned sales subsidiaries in Amsterdam (Yasho Industries Europe B.V.) and Wilmington, Delaware (Yasho Inc). The company is listed on BSE (541167) and NSE (YASHO), with the Jhaveri founding family retaining promoter control.

Name

Yasho Industries

Legal name

Yasho Industries Limited

Website

https://yashoindustries.com

Company type

Public

Founded year

1993

Operating status

Operating

Headcount range

101–250 employees

Short description

Yasho Industries Limited is an Indian publicly listed manufacturer of specialty and fine chemicals—aroma, food antioxidants, rubber, lubricant, and specialty products—serving global B2B industrial customers across five verticals since 1993, with four Gujarat plants and wholly-owned sales subsidiaries in Europe and the US.

Ownership category

akta.pro rank

Headquarters

HQ city

Mumbai

HQ country

India

HQ region

Asia

Offices7 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Specialty & Fine Chemicals Manufacturing: Yasho Industries manufactures and supplies performance chemicals for diverse industries including Rubber & Latex, Food & Flavors, Perfumery, Lubricants and Specialty applications. Revenue is generated through direct sales of manufactured chemical products to industrial customers globally.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels3 records

Core offering

Yasho Industries Limited manufactures and globally supplies specialty and fine chemicals for industrial customers. The company operates multipurpose plants in Vapi and Dahej, Gujarat, producing over 100 products across six branded product lines: aroma chemicals (YAROMAX), food antioxidants (YANTQ), rubber chemicals and pre-dispersed rubber chemicals (QUREACC, QUREANTI, MG Series), lubricant additives (YALUB), and specialty chemicals (YAPOX).

Product overview

Yasho Industries Limited is a global manufacturer and supplier of specialty and fine chemicals serving diverse industries including Rubber & Latex, Food & Flavors, Perfumery, Lubricants, and Specialty applications since 1993. The company's product portfolio consists of six main product lines: YAROMAX® (aroma chemicals including clove oil derivatives), YANTQ®/YAPOX® (food antioxidants including TBHQ, BHA, BHT), QUREACC®/QUREANTI® (rubber chemicals including accelerators and antioxidants), MG Series (pre-dispersed rubber chemicals for dust-free handling), YALUB® (lubricant additives for industrial/automotive applications), and YAPOX® (specialty chemicals for electroplating, pharmaceuticals, resins, and agrochemicals). The company operates multipurpose manufacturing plants capable of producing over 100 products with R&D facilities recognized by DSIR.

Differentiator

Problem solved

Functional benefit

Brands

• YAROMAX®: Product brand for Aroma Chemicals including Benzyl Isoeugenol, Clove Oil derivatives, Eucalyptus Oil, Eugenol, Methyl Eugenol, and related compounds.
• YANTQ®
• QUREACC®
• MG (Masterbatch Grade) Series
• YALUB®
• YAPOX®
• QUREANTI®

Products and services

• YAROMAX (Aroma Chemicals) Premium-quality clove oil and its derivatives including Benzyl Isoeugenol, Eucalyptus Oil, Eugenol, Methyl Eugenol, and related compounds used as ingredients for flavor, fragrance, consumer products, essential oils, food, and beverage industries.
• YANTQ / YAPOX (Food Antioxidants) Food-grade antioxidants including TBHQ (Tertiary Butyl Hydroquinone), BHA (Butylated Hydroxy Anisole), BHT, and ascorbyl palmitate, used in food preservation applications.
• QUREACC / QUREANTI (Rubber Chemicals) Rubber chemicals including accelerators, antioxidants, and co-agents for processing EPDM, SBR, NBR, ECO, Acrylic, and Natural Rubber.
• MG Series (Pre-dispersed Rubber Chemicals) Pre-dispersed rubber chemicals with proprietary binder system for dust-free handling and better dispersion in rubber processing applications, including sulfur, metal oxides, dithiocarbamates, thiurams, and accelerators.
• YALUB (Lubricant Additives) Additives for industrial and automotive lubricants and greases, including antioxidants, molybdenum-based friction modifiers, dithiocarbamates, thiadiazoles corrosion inhibitors, extreme pressure additives, and triazole metal deactivators (NSF certified products).
• YAPOX (Specialty Chemicals) Specialty chemicals for electroplating, API/bulk drug intermediates, UPR resins, fiber composite resins, thermoplastics urethanes, printing inks, and agrochemicals.

Quantifiable outcome

• Market leader in clove oil and derivatives supply
• +1 more outcomes

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Scale indicators3 records

Recent moves13 records

Expansion highlights4 records

Broad incumbents

• Atul Limited: Diversified Indian chemicals manufacturer spanning aromatics, intermediates, dyes, crop protection and polymers. Overlaps with Yasho's aroma chemicals (YAROMAX) and specialty intermediates franchises; broader scale and end-market reach.
• SRF Limited: Diversified Indian chemicals company with specialty chemicals, fluorochemicals, packaging films and technical textiles businesses. Overlaps with Yasho on specialty intermediates and refrigerant/lubricant chemistry; broader scale and global footprint.
• Lanxess AG: Global German specialty chemicals company with strong rubber chemicals (vulcanization additives), lubricant additives and aroma chemical businesses. Direct global competitor to Yasho's QUREACC rubber chemicals and YALUB lubricant additives franchises.
• PI Industries Limited: Leading Indian agrochemicals and specialty chemicals company with strong R&D and CSM/custom synthesis model. Comparable on B2B specialty chemicals manufacturing and process technology orientation; Yasho independent director Anurag Surana is a former PI Industries executive.
• Aarti Industries Limited: Large diversified Indian specialty chemicals manufacturer serving pharmaceuticals, agrochemicals, polymers, and pigments. Comparable in specialty/fine chemicals vertical, broader portfolio and scale; useful benchmark for capacity utilization and export reach.
• Solvay SA: Global Belgian specialty chemicals group with aroma, flavor and fragrance ingredients, plus lubricant and rubber-related chemistries. Comparable in commodity-adjacent specialty space and as a competitive benchmark for premium regulated end-markets.

Direct peers

• Privi Specialty Chemicals Limited: Indian manufacturer of aroma chemicals and specialty chemicals with strong positions in musk and fragrance ingredients. Directly comparable to Yasho's YAROMAX aroma chemicals line and overall specialty chemicals business model; notably, Yasho independent director Anurag Surana also serves on the Privi board.
• NOCIL Limited: Leading Indian manufacturer of rubber chemicals including accelerators and antioxidants. Directly comparable to Yasho's QUREACC and QUREANTI rubber chemical product lines serving the same EPDM/SBR/NBR processing customers.
• Neogen Chemicals Limited: Indian manufacturer of specialty organic chemicals including bromine-based and lithium-based intermediates, serving pharmaceutical and specialty applications. Comparable mid-sized Indian specialty chemicals public peer with similar B2B customer profile and export orientation; Yasho independent director Anurag Surana sits on the Neogen board.
• Camlin Fine Sciences Limited: Indian specialty chemicals company with a strong food antioxidants (BHA, BHT, TBHQ) franchise and downstream aroma chemicals. Most directly comparable to Yasho's YANTQ food antioxidant and YAROMAX aroma chemical product lines.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/yashoind

Compliance12 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Subsidiaries2 records

Funding overview

Funding rounds1 record

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 Yasho Industries