- Business
- Machhar Industries Limited manufactures ammonium nitrate and diesel exhaust fluid. The company produces various grades of ammonium nitrate, a key raw material for industrial explosives that is also used directly as an explosive when mixed with fuel oil; offers AdBlue, marketed under the Yuni Blue brand and certified by Verband der Automobilindustrie-Germany, ISO 9001:2015, ISO 22241, and Bureau of Indian Standards IS 17042; and provides transportation services for chemicals. Incorporated in 2008 through the demerger of Anil Chemicals & Industries Limited and promoted by the Machhar Group, Machhar Industries maintains its headquarters in Aurangabad, Maharashtra, India, with manufacturing facilities at GIDC industrial area, Panoli near Ankleshwar in Gujarat for ammonium nitrate (installed capacity of 42,000 tons per annum, sourced from Gujarat Narmada Valley Fertilizers) and at Chitegaon, Aurangabad for AdBlue (installed capacity of 6 million liters per annum). The company serves customers including open-cast mines, Indian Oil Corporation Limited, Solar Industries Limited, Gulf Oil Corporation Limited, and Orica Limited, primarily in the Indian market across chemicals, explosives, automotive emissions control, and logistics segments. Machhar Industries listed its equity shares on the BSE in July 2023; operates a joint venture with Utsav Logistics Private Limited for AdBlue manufacturing and sales facilities; and engages in related-party transactions for DEF sales and rentals within regulatory limits approved by the audit committee and board.