Narmada Gelatines Limited
SHAWGELTIN.BO
Bombay Stock Exchange510.50
INR
-4.50
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Narmada Gelatines Limited
SHAWGELTIN.BO
(Bombay Stock Exchange)
Recent
price
510.50
P/E
ratio
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div
yld
- -
ROIC.AI
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in mil. unless spec.- Similar Companies
- Business
- Narmada Gelatines Limited is an India-based manufacturer engaged in the production and sale of gelatin and related products, including ossein and di-calcium phosphate (DCP) for various industrial applications. The company offers a broad range of gelatin products categorized into pharmaceutical, edible, industrial, and photographic grades. It also supplies DCP for animal feed and bone meal products. Narmada Gelatines serves diverse industries such as food and beverage, pharmaceuticals, photography, biomedical, personal care, and other technical sectors. The company operates primarily in India with an international presence, leveraging its strategic location in Jabalpur, Madhya Pradesh, which provides access to essential raw materials like crushed bones, acid, lime, and quality water. Founded in 1961 and formerly known as Shaw Wallace Gelatines Limited until a name change in 2002, it remains a key player in India's gelatin manufacturing industry. Recent major changes include its acquisition by Pioneer Jellice India Private Limited through a joint venture formed by Japan's Jellice and entities based in Sivakasi. In 2023, Pioneer Jellice acquired a controlling stake in Narmada Gelatines and has taken steps to integrate it with their broader industrial operations. The company has also expanded its portfolio through acquisitions, notably acquiring around 14% of India Gelatine & Chemicals Limited. Further, Narmada Gelatines is planning to enhance its manufacturing capacity and operational efficiency with upgrades including a new 2.15 MW solar power plant to reduce costs and support sustainable production. These strategic moves reflect a focused effort to grow in both domestic and international markets while strengthening raw material procurement and operational synergies under the new ownership structure. Narmada Gelatines Limited targets multiple market segments through its diversified product range, catering to industrial, pharmaceutical, and consumer sectors. Its operations in India and abroad emphasize quality and compliance with industry standards. As part of its growth strategy, the company continues to invest in capacity expansion and product innovation, maintaining its prominence in the gelatin industry. The company headquarters is located in Jabalpur, Madhya Pradesh, and it benefits from longstanding industry experience and strong raw material sourcing capabilities. This detailed corporate profile reflects Narmada Gelatines' current product offerings, strategic ownership changes, and ongoing operational enhancements as of 2025.