Vishnu Chemicals MD Sidharth Cherukuri discussed the company's transformation from a commodity chrome chemical maker to an integrated chromium and specialty metals company, including a new JV with a France-based firm…

Vishnu Chemicals MD Sidharth Cherukuri discussed the company's transformation from a commodity chrome chemical maker to an integrated chromium and specialty metals company, including a new JV with a France-based firm and a DMSO project.

Wed 30 Sep 2026

JV chromium plant capacity

6,000 metric tons per annum

Value added product share FY27

50 percent

Value added product share FY26

40 percent

CAPEX planned FY27

200 to 250 crore rupees

DMSO project cost

205 to 240 crore rupees

Heard on Live TV News Channel between 09:38:47 - 09:40:02 IST.

• Signed JV with France-based company to set up greenfield chromium metal plant in Andhra Pradesh with capacity of 6,000 metric tons per annum, targeting aerospace, defense and energy applications.
• Value-added products now contribute about 50% of revenue in FY27 versus 40% in FY26; company sees gross margin improvement as product mix shifts away from leather chemicals toward specialty metals, electroplating and pharma.
• South Africa chrome mine, acquired in March 2026 and restarted in April, shows output better than expected; cost benefits and shipments to India expected from Q3/Q4 FY27, with margin impact visible by Q1 of next financial year.
• CAPEX of 200-250 crore rupees planned for FY27; DMSO project (organic chemicals, import substitute for pharma and agrochemicals) estimated to cost 205-240 crore rupees.
• Company guided 15-20% top-line growth over the next year, with profitability improving more due to product mix change and chrome mine benefits; Vizag facility completed a planned 3-week annual maintenance shutdown without impacting sales; freight costs up about 15%.

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