- CEO
- Babulal Bhansali
- Full Time Employees
- 762
- Sector
- Process industries
- Industry
- Industrial specialties
- Address
- 301 & 302, Peninsula Heights Mumbai MH India 400 058
- IPO Date
- May 10, 1995
- Business
- Bhansali Engineering Polymers Limited manufactures and sells a range of engineering plastics, primarily acrylonitrile butadiene styrene (ABS) resins and compounds; styrene acrylonitrile (SAN) resins; acrylonitrile ethylene styrene (AES) resins; ASA resins; polycarbonate-ABS (PC-ABS) alloys; and specialized grades including high-impact, paintable/electroplatable, extrusion, heat-resistant, flame-retardant, low-gloss, high-gloss, ABS/PMMA, ASA/PMMA, pearl effect and metallic effect variants. The company, founded in 1984 and headquartered in Mumbai, India, operates manufacturing facilities in Abu Road, Rajasthan, and Satnoor, Madhya Pradesh, with a current compounding capacity of 137,000 tonnes per annum (KTPA) for ABS; it supplies products to customers in automobiles, home appliances, electronics, healthcare, kitchenware, telecommunications, stationery, toys and luggage sectors domestically and internationally through a joint venture with Nippon A&L Inc., Japan. In recent developments, Bhansali Engineering Polymers advances its brownfield ABS expansion project across its existing plants to increase overall ABS production capacity from 75,000 tonnes per annum (TPA) to 200,000 TPA, with government clearance secured and an initial phase targeting 145,000 TPA, alongside planned expansions of SAN capacity at Abu Road to 25,000 TPA and high rubber graft (HRG) resin capacity at Satnoor to 50,000 TPA; the company engaged Toyo Engineering India Private Limited for front-end engineering design and capital expenditure estimation in fiscal 2024-25, with implementation tentatively targeted by December 2024, and issued bonus shares in the ratio of 1:2 in 2023.