Unilex Colours and Chemicals Limited is a diversified company engaged in the manufacturing of pigments and trading of chemicals and food colours. The company operates in multiple industries such as plastics, rubber, textiles, paper, printing inks, paints, and coatings. Unilex specializes in the production of Pigment Blue 15:3 and 15:4, with a significant annual production capacity of 1878 MTPA (metric tons per annum). Their products are marketed under the registered brand name “Unilex,” serving both domestic and international markets.

Product Portfolio

Unilex Colours and Chemicals Limited offers a comprehensive range of over 100 products. The company’s pigments find diverse applications in various industries, making them essential components for paints, inks, plastics, and textiles. The top products include:

1. Pigment Blue 15:0, 15:1, 15:3, 15:4 – Widely used in paint, plastic, and ink applications.

2. Pigment Green 7 – Known for its bright green hue, it is applied in paint and plastic industries.

3. Pigment Violet 27 – Primarily used in printing inks and plastics due to its deep violet color and strong colorfast properties.

In addition to in-house manufacturing, Unilex trades a variety of pigments and food colors like Pigment Green 7, Middle Chrome, Ultramarine Blue, and food dyes such as Tartrazine, Sunset Yellow, Allura Red, and more. This dual approach allows the company to cater to a broader client base and meet customized demands.

Manufacturing Capabilities

The company’s manufacturing facility, located in MIDC – Tarapur, Palghar, Maharashtra, spans approximately 1275 sq. meters and is equipped with modern machinery such as Ball Mills, Root Blowers, Reaction Steel Vessels, Spin Flash Dryers, Air Classifier Mills, and more. Unilex utilizes raw materials like BM CPC, Caustic Soda Flakes, Gum Rosin, and Hydrochloric Acid to produce its range of pigments. All products undergo rigorous testing and quality evaluations to ensure compliance with global standards.

Unilex holds the prestigious status of a Three-Star Export House, recognized by the Ministry of Commerce, Government of India, and is compliant with REACH regulations, which are vital for exporting to European markets.

Market Reach

Unilex’s products are marketed in international markets including Vietnam, Brazil, Mexico, Nigeria, Russia, Turkey, Netherlands, China, Spain, and the UAE, among others. Their marketing strategy involves direct engagement with customers and participation in global exhibitions and conferences, which allows the company to showcase its products and establish relationships in emerging markets.

Revenue and Financial Performance

The company’s revenue is derived from two primary segments: manufacturing and trading. In fiscal year 2024, revenue from manufacturing was ₹6,652.17 lakhs, contributing 46.24% to the total revenue, while the trading business contributed a significant share from chemicals and food colors. Over the last three fiscal years, the company has experienced a steady increase in revenue, reflecting its solid market position and ability to meet growing customer demands across various industries.

Revenue Breakdown (for fiscal years 2023-24, 2022-23, and 2021-22):

• Chemicals: ₹7,062.11 lakhs (91.33%), ₹6,353.09 lakhs (93.68%), ₹5,516.86 lakhs (91.34%)
• Food Colours: ₹670.74 lakhs (8.67%), ₹428.60 lakhs (6.32%), ₹523.09 lakhs (8.66%)

Competitive Advantage

Unilex’s competitive edge lies in its ability to offer a diversified product range, combining in-house manufacturing with third-party sourcing to meet varying customer needs. This flexibility and responsiveness to market demands enable the company to provide customized solutions across sectors like paints, plastics, textiles, and more, ensuring customer loyalty and long-term partnerships.