GEM Aromatics is pleased to announce that, with the improving international business environment following the proposed FTA with the European Union and tariff reductions by the United States, the Company is witnessing a revival in export demand. Orders that were previously delayed due to higher US tariffs on Indian goods are now gradually resuming, with increasing customer inquiries translating into confirmed business. In line with this positive momentum, the Company has received multiple export orders aggregating to USD 1 Mn from customers across the USA and Europe.
Further, we are also pleased to announce the commencement of commercial production of additional products, including GEM Cool 5 (Cooling Agents) and Safranal (Citral Derivatives), at the Company's newly established greenfield manufacturing facility in Dahej, Gujarat, under Krystal Ingredients Private Limited, a wholly owned subsidiary of GEM Aromatics.
Additionally, the manufacturing of Catalyst for MEHQ is progressing in line with planned timelines, and expected to be completed by Q4FY26.
These additions are aligned with the Company's strategic focus on product diversification and strengthening its manufacturing capabilities, enabling it to effectively cater to growing domestic and international demand while reinforcing its position as a reliable global supplier.
Commenting on these developments, Mr. Yash Vipul Parekh, Managing Director & CEO, stated: "The new export orders from the USA and Europe reflect an improving global trade environment, supported by the easing of tariff related headwinds. With previously deferred demand now gradually returning, we are witnessing a steady increase in customer inquiries, many of which are progressively converting into firm business commitments. This trend provides visibility and a positive outlook for the upcoming quarters.
On the manufacturing front, the commencement of additional products manufacturing at our greenfield facility in Dahej under Krystal Ingredients Private Limited is an important step forward in our growth strategy. New products such as GEM Cool 5 and Safranal will further diversify our product portfolio and enhance our offerings to clients across markets. We are well-positioned to serve our growing domestic and international customer base and remain committed to creating long-term value for all our stakeholders."
Shares of Gem Aromatics Limited was last trading in BSE at Rs. 197.60 as compared to the previous close of Rs. 196.00. The total number of shares traded during the day was 7351 in over 220 trades.
The stock hit an intraday high of Rs. 199.95 and intraday low of 193.55. The net turnover during the day was Rs. 1446485.00.