Pravin Herlekar, Chairman and Managing Director of the company told CNBC-TV18 that the patent, fourth one for the firm, is for beta ketoester chemical. There are seven more patents in the pipeline, he added.
A diversified product and customer portfolio leading to lower dependence on any particular product or customer gives Omkar Speciality the confidence of sustaining healthy margins, says Chairman and Managing Director Pravin Herlekar.
Speciality chemicals manufacturer eyes revenue growth of 20-25 percent in FY15, says CMD Pravin Herlekar, adding that the company will maintain profit after tax (PAT) margins of 7-8 percent in this fiscal, which will improve in FY16.
Pravin Herlekar, the chairman and managing director of Omkar Speciality Chemicals says LASA Lab is an attractive buy for the company as it is an established player in the API segment.
In an exclusive interview with CNBC-TV18’s Udayan Mukherjee and Mitali Mukherjee, Pravin Herlekar, Chairman and Managing Director of Omkar Speciality Chemicals says that the company sees the FY11 revenues to be at Rs 100 crore.