Gujarat Petrosynthese

What Gujarat Petrosynthese does

Gujarat Petrosynthese Limited (BSE: GUJPETR) is a publicly listed Indian manufacturer of polymer alloys and blends of engineering plastics, headquartered in Mumbai with its manufacturing plant in Bengaluru, Karnataka. The Polymer Alloys & Blends Division operates five twin-screw co-rotating extrusion lines with installed capacity of over 3,000 metric tonnes per annum, supported by a full-fledged testing laboratory equipped with an imported spectrophotometer (Macbeth 7000A), UL 94 flammability tester, injection molding machine, computerized universal testing machine, melt flow indexer, and color matching capability spanning more than 1,000 shades. The product portfolio comprises two categories: modified base polymers (Modified ABS, PC, PBT, PP, SAN, POM, and Nylon 6/66 sold under brands such as Synolac, Synonate, Synlolate, Synofin, Synsan, Synol, Synlon) and polymer alloys and blends (PVC/ABS, PC/ABS, PC/PBT, PC/PET, PC/PO, and PP/EPDM). Customers are industrial B2B buyers in automotive (primary), telecommunications, electrical/electronic, and home appliance sectors, with compounds engineered for flame retardancy, UV resistance, glass/talc filling, and RoHS compliance.

The division was originally established in 1996 as Karnataka Petrosynthese Ltd, a joint sector project between Gujarat Petrosynthese Limited (a pioneer polybutene manufacturer since 1977) and the Karnataka State Industrial Investment & Development Corporation (KSIIDC), with technical collaboration and equity from Chenguang Research Institute of Chemical Industry and China National Blue Star Co. of China. In December 2002, Karnataka Petrosynthese Ltd was merged into Gujarat Petrosynthese Ltd, forming the current Polymer Alloys and Alloys Division. The company is ISO 9001:2015 and ISO 14001:2015 certified and holds captive diesel generation for supply reliability.

The business model is direct-to-industrial B2B: customers engage via website enquiry or phone, pricing is quote-based and negotiated per order given the tailormade nature of compounds, and small lot orders are accommodated. Revenue is generated predominantly from one-time polymer compound sales (no licensing or recurring subscription model). For FY2025-26, the company reported sales of Rs 22.58 crore (up 33.45% year-over-year) and standalone net profit of Rs 2.36 crore (up 61.64% year-over-year), with Q4 FY2026 sales of Rs 6.00 crore. Marketing is conducted primarily through the company website (gpl.in) and direct sales engagement; no digital marketing, social media, or third-party distribution channels are evident.

Name

Gujarat Petrosynthese

Legal name

Gujarat Petrosynthese Limited

Website

https://gpl.in

Company type

Public

Founded year

1977

Operating status

Operating

Headcount range

11–50 employees

Short description

Gujarat Petrosynthese Limited is an India-listed B2B manufacturer of polymer alloys and blends of engineering plastics, producing modified ABS, PC, PBT, PP, SAN, POM, and Nylon compounds and alloys for automotive, electrical/electronic, telecommunications, and home appliance OEMs.

Ownership category

akta.pro rank

Product category

Specialty Polymer Compounds

NAICS

Plastics Product Manufacturing (3261), Plastics and Rubber Products Manufacturing (326), All Other Plastics Product Manufacturing (326199)

SIC

Plastic Materials, Synth Resins & Nonvulcan Elastomers (2821), Plastic Material, Synth Resin/Rubber, Cellulos (No Glass) (2820)

akta.pro primary industry

Fiber- & Mineral-Filled Reinforced Compounds (Glass/Carbon/Talc/CaCO3) (IMANABAI)

akta.pro secondary industries

Engineering Thermoplastics (PA, POM, PC, PBT/PET, PEEK) (IMAEANAD), Styrenics (Styrene Monomer, PS, EPS, ABS) (IMAEADAE), Engineering Plastics & Performance Resins (PC, PA, POM, PBT, PMMA) (IMAEADAI)

Keywords

• Polymer alloys blends
• Modified engineering plastics
• Custom polymer compounds
• Flame retardant polymers
• Twin screw extrusion

Headquarters

HQ city

Bengaluru

HQ country

India

HQ region

Asia

Offices2 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Polymer Alloys & Blends Sales: GPL generates revenue primarily through the manufacture and sale of modified polymer compounds, polymer alloys, and polymer blends. Products are sold directly to industrial customers in automotive, textile, electrical/electronic, telecommunication, consumer goods, and light industries. Revenue appears to be generated through direct orders with pricing likely quote-based given the custom/tailored nature of products.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

Gujarat Petrosynthese manufactures and sells polymer alloys and blends of engineering plastics (Modified ABS, PC, PBT, PP, SAN, POM, Nylon, PVC/ABS, PC/ABS, PC/PBT, PC/PET, PC/PO, PP/EPDM) for industrial buyers in automotive, telecommunications, electrical/electronic, and home appliance sectors. Products are customized to application requirements including RoHS compliance, flame retardancy, UV resistance, glass/talc filling, and color matching, with installed manufacturing capacity exceeding 3,000 MTA across five twin-screw extrusion lines.

Product overview

Gujarat Petrosynthese Limited operates as a manufacturer of polymer alloys and blends for engineering plastics applications. The product portfolio consists of two main categories: (1) Modified base polymers including Synolac (Modified ABS), Synonate (Modified PC), Synlolate (Modified PBT), Synofin (Modified PP), Synsan (Modified SAN), Synol (Modified POM), and Synlon (Modified Nylon 6 & 66); and (2) Polymer Alloys & Blends combining multiple polymers such as PVC/ABS, PC/ABS, PC/PBT, PC/PET, PC/PO, and PP/EPDM. The company also offers specialty compounds with RoHS compliance, flame retardancy (V0/V1/V2 ratings), filled compounds (glass-filled, talc, calcium carbonate), UV resistance, and thermoplastic elastomers (TPE). Products serve diverse industries including automotive (interior components, door handles, engine parts), telecommunications, electrical/electronic, and home appliances.

Differentiator

Problem solved

Functional benefit

Brands

• Synolac: Modified ABS polymers - product line including UV resistant, flame retardant (V0, V2), heat resistant, transparent, hi-impact, and glass fiber reinforced variants
• Synonate
• Synlolate
• Synofin
• Synsan
• Synol
• Synlon
• Synolate
• Synofin (Blends)
• Synolac (Blends)

Products and services

• Synolac - Modified ABS

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Three partnerships are on record, tiered core.

• Chenguang Research Institute of Chemical Industry, China National Blue Star Co.coreTechnology or IntegrationGPL has technical collaboration with Chenguang Research Institute of Chemical Industry, China National Blue Star Co. for polymer alloys and blends manufacturing technology. China National Blue Star Co. has also made an equity contribution in GPL. The Chinese collaborators commissioned the plant in November 1996 and trained GPL's plant engineers extensively at their unit in China. This partnership provides GPL with access to advanced polymer modification technology, processes, and formulations.
• Karnataka State Industrial Investment & Development Corporation (KSIIDC)coreStrategic or Co-development PartnerGPL is a joint sector project set up by Gujarat Petrosynthese Limited and Karnataka State Industrial Investment & Development Corporation (KSIIDC). KSIIDC is a government-backed industrial investment corporation that co-founded the manufacturing venture as part of its investment in the industrial development of Karnataka state.
• Gujarat Petrosynthese Limited (Parent Company)coreStrategic or Co-development PartnerGujarat Petrosynthese Limited is the parent company and a pioneer and profit-making manufacturer of Polybutenes. The company established its Polymer Alloys & Blends Division (originally Karnataka Petrosynthese Ltd, merged in December 2002) under GPL. The parent company is listed on Indian stock exchanges and provides corporate governance and strategic direction.

Scale indicators5 records

Recent moves7 records

Expansion highlights3 records

Broad incumbents

• SABIC: Global petrochemical and engineering plastics incumbent producing PC, ABS, PP compounds and alloys at scale; competes with GPL on raw material supply and end-product grades, especially in automotive and electronics.
• Covestro: Major producer of polycarbonates, ABS (as part of joint ventures), and PC/ABS, PC/PBT blends—a direct upstream-and-overlap competitor in the engineering plastics alloy/blend space.
• Celanese: Global engineered materials producer offering modified POM, PBT, PA and other engineering thermoplastics under brands like Hostaform and Celanex, competing across multiple GPL product lines.
• Ravago: Global polymer compounder and distributor producing custom-engineered thermoplastics and compounds across multiple resin families, with growing Indian operations that compete with GPL's value proposition.
• Lanxess: Specialty chemicals company with a strong engineering plastics and polymer additives portfolio (Durethan PA, Pocan PBT), directly comparable in product focus and automotive/electronics end markets.
• BASF: Diversified chemical giant with a broad engineering plastics and specialty compounds portfolio (Ultramid, Ultraform, Ultradur), serving the same automotive, electrical, and appliance customers as GPL.

Direct peers

• Vita Polymers India: Indian manufacturer of engineering plastic compounds and polymer alloys serving automotive, electrical, and appliance OEMs—comparable scale, geography, and product mix to GPL.
• Pluss Advanced Technologies: India-based specialty polymer compounder offering customized engineering plastic compounds and Phase Change Materials for automotive, electronics, and industrial applications—closely comparable business model to GPL's tailor-made compounding approach.
• Polyram Plastic Industries: Israel-headquartered compounder with India operations producing modified engineering thermoplastics (filled and reinforced PP, PA, PC, ABS) for automotive and industrial markets—directly comparable in product portfolio and customer base.

Emerging players

• Kingfa Sci & Tech: Chinese polymer compounder with global reach producing modified PP, PA, ABS, PC/ABS and engineering alloys for automotive and electronics—comparable product breadth with aggressive expansion into emerging markets including India.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks7 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/gujarat-petrosynthese-ltd

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Subsidiaries1 record

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 Gujarat Petrosynthese