The company has focused on in-house research and development, with the Malti-Chem Research Centre established in 1974 to carry out extensive work on Terpene chemistry. The company acquired two Indian aroma chemical manufacturers—Arofine Chemical Industries and Vaishnavi Chemicals Private Ltd—in 2015. This integrated backward approach and acquisition strategy position Oriental Aromatics as a vertically integrated specialty chemicals player.
Cyborg Score Rationale
In 2024, Oriental Aromatics's revenue was 9.28 billion, an increase of 10.98% compared to the previous year's 8.36 billion, with earnings increasing 277.06%. The company shows strong earnings growth and revenue expansion, though valuations appear elevated relative to recent historical levels based on trading data.
Top Insights
Revenue grew 10.98% year-over-year to 9.28 billion in 2024
Earnings surged 277.06% in 2024, indicating significant margin expansion
The company exports to 40+ countries across Americas, Europe, Middle East, Asia, and Africa
Wholly owned subsidiary Oriental Aromatics & Sons Limited provides downstream integration and expansion capacity
Named Competitors
Specialty Chemicals — Adhesives and specialty chemicals manufacturer
Specialty Chemicals — Specialty chemicals and fluorochemicals
Industrial Gases — Industrial gases and engineering