New Order Chemicals & Petrochemicals NSE: 15110522

SK Minerals & Additives Partners with Italy's iPOOL s.r.l. for Flame-Retardant R&D

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SK Minerals & Additives Partners with Italy's iPOOL s.r.l. for Flame-Retardant R&D

SK Minerals & Additives Ltd — New Order · 15110522

Market Cap

₹569.16 Cr

Small Cap

Net Profit Growth

65.69%

Annual YoY

Revenue TTM

₹348.16 Cr

Operating Income

RSI

59.9

Neutral Zone

! Key Highlights

  • Technical and commercial cooperation agreement signed with iPOOL s.r.l., an Italian technology spin-off from the National Research Council of Pisa
  • Focus on joint R&D for halogen-free flame-retardant additives and high-performance material solutions
  • Target applications include the electric vehicle, automotive, and wire and cable industries to meet evolving safety regulations
  • Partnership covers technical development, formulation support, and identification of new commercial opportunities
  • iPOOL brings specialized expertise in HFFR compounds and international fire-testing standards including the European CPR

SK Minerals & Additives Limited has signed a strategic technical and commercial collaboration agreement with Italy-based iPOOL s.r.l. The partnership aims to accelerate research and development in flame-retardant additives and compounds, specifically targeting the electric vehicle and wire and cable sectors.

Strategic R&D Collaboration

The collaboration between SK Minerals & Additives and iPOOL s.r.l. is designed to integrate advanced European material science with domestic manufacturing capabilities. By leveraging iPOOL's technical expertise in polymer materials and halogen-free flame-retardant compounds, the company aims to develop application-oriented solutions for high-growth sectors.

This partnership specifically focuses on joint research initiatives, formulation support, and next-generation material development to address increasing regulatory requirements for safety and performance in industrial applications. The move is expected to enhance the company's innovation platform and infrastructure, particularly in the electric vehicle and automotive sectors where demand for advanced flame-retardant materials is accelerating.

Market and Sector Focus

  • Development of Halogen-Free Flame Retardant (HFFR) solutions for cable and wire segments
  • Targeted innovation for the automotive industry with a focus on safety and regulatory compliance
  • Technical support for extrusion optimization and international fire-testing standards
  • Exploration of high-value specialty material applications for the growing electric vehicle ecosystem
  • Strengthening of application-development expertise to capture emerging industrial opportunities

Financial Performance and Valuation

SK Minerals & Additives has demonstrated strong financial growth, reporting an annual revenue increase of 50.48 percent and a net profit growth of 65.69 percent in the latest fiscal year. The company's TTM Price to Earnings (PE) ratio stands at 31.4, which is lower than the sector PE of 38.73 and the industry PE of 49.16. With a promoter holding of 73.53 percent and a high momentum score of 77.2, the stock is currently classified as having turnaround potential.

The company operates from its manufacturing facility in Khanna, Punjab, and is actively expanding its presence in both domestic and international specialty chemical markets.

Management Perspective

We believe that innovation and technological collaboration will be key drivers for our next phase of growth. Our collaboration with iPOOL s.r.l. will enable us to further strengthen our R&D capabilities, accelerate product development and pursue new opportunities in high-value specialty material applications.

— Mohit Jindal, Chairman & Managing Director, SK Minerals & Additives Ltd

SK Minerals & Additives Ltd — Financial Snapshot

BSE: 544584 · NSE: 15110522 · Chemicals & Petrochemicals

Current Market Price ₹465 per share
Market Capitalisation ₹569.16 BSE Listed
Revenue (Annual) ₹317.89 Operating
Net Profit (Annual) ₹18.12 Consolidated
P/E Ratio (TTM) 31.4× Sector: 38.73×
Promoter Holding 73.53% 0.00% QoQ
FII Holding 1.37% Current Qtr

"We are delighted to collaborate with iPOOL s.r.l., that represents an important milestone in our journey towards building a stronger, technology-led and innovation-driven business."

— Mohit Jindal, Chairman & Managing Director

Source Verified

Exchange filing by SK Minerals & Additives Ltd announcing a technical and commercial collaboration agreement with iPOOL s.r.l., Italy. Financial metrics from Trendlyne.

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