About Balaji Formalin
Balaji Formalin is a Chemicals & Materials company based in Gandhinagar (India) founded in 2002. Manufacturing of formaldehyde, paraformaldehyde, and chemical concentrates in India. The company has 61 employees. Its Indian entity Burakia Industries Limited reported revenue of ₹91.37 Cr. Balaji Formalin offers products and services including Formaldehyde and Paraformaldehyde. Its focus areas include Chemical Manufacturing, Industrial Chemicals, Formaldehyde Production and Derivatives and Applications.
Company details
Balaji Formalin is identified as South Asias largest manufacturer of Formaldehyde and Paraformaldehyde, operating facilities across 20 acres in Gujarat and Maharashtra with capacities of 3 million tonnes per annum for Formaldehyde and 20,000 tonnes for Paraformaldehyde. Compliance with state laws and EPA standards is maintained, alongside ISO certifications that ensure quality and environmental responsibility. Products are exported to over 35 countries, emphasizing safe packaging and efficient delivery through a skilled workforce. The companys CSR efforts focus on sustainable development and community contributions, while innovation drives consistent production excellence.
- Headquarters Gandhinagar, India
- Employees 61
- SectorsChemicals & Materials
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- Website balajiformalin.com
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- Legal Name Burakia Industries Limited
- Date of Incorporation 12 Oct, 2020
- Jurisdiction Sanand, Gujarat, India
- Annual Revenue₹91.37 Cr
FY 2025 · +83% YoY
- Net Profit₹8.10 Cr
FY 2025 · 9% margin
- EBITDA₹28.36 Cr
FY 2025 · 31% margin
- Employee Count61
Associated legal entities of Balaji Formalin
Balaji Formalin operates through Burakia Industries Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Burakia Industries Limited CIN U24304GJ2020PLC117241 | Active | 12 Oct 2020 | Sanand, Gujarat | ₹91.4 Cr | 61 | 3 | View details |
Products & Services of Balaji Formalin
Balaji Formalin offers a comprehensive portfolio of products and services, including Formaldehyde and Paraformaldehyde.
Formaldehyde is produced for applications in the chemical industry, textiles, paints, and paper products, with packaging options including carboys and barrels.
Paraformaldehyde is manufactured as a crystalline solid for use in fumigants, disinfectants, and adhesives, and is supplied in anti-static bags to minimize hazards.
Board of directors of Burakia Industries Limited (Balaji Formalin)
Burakia Industries Limited is the primary company behind Balaji Formalin. The board of Burakia Industries Limited currently have 3 directors; the longest-serving is Manojkumar Gupta, appointed in 2020.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Manojkumar Gupta DIN 02007406 | Director | 12 Oct 2020 | 6 yrs 1 mo | Burakia Industries Limited |
| Gupta Mahendrakumar DIN 00927094 | Director | 12 Oct 2020 | 6 yrs 1 mo | Burakia Industries Limited |
| Mukesh Ratanlal Gupta DIN 01244707 | Director | 12 Oct 2020 | 6 yrs 1 mo | Burakia Industries Limited |
Financials of Balaji Formalin
Figures of Burakia Industries Limited, the primary company behind Balaji Formalin, for FY 2025. Revenue was ₹91.37 Cr (+83% year on year). Net profit was ₹8.10 Cr (9% margin). EBITDA was ₹28.36 Cr (31% margin). Revenue has grown at a compounded annual rate of +1383% over three years.
- ₹91.37 CrRevenue · FY 2025 · +83% YoY
- ₹8.10 CrNet profit · 9% margin
- ₹28.36 CrEBITDA · 31% margin
- ₹1.96 CrPaid-up capital
- 61Employees (provident fund records)
- +1383%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Burakia Industries Limited are on its company page.
Detailed financial statements for Balaji Formalin
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Top companies in Petrochemicals & Derivatives
3 companies that operate in the same segment as Balaji Formalin (Petrochemicals & Derivatives) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Produces and supplies specialty chemicals for energy, petrochemicals, and industrial applications worldwide. | 1992 | Mumbai, Maharashtra, India | USD 749.93 M | 353 | ||
Polybutene-based petrochemicals are produced by the company. | 1990 | Chennai, Tamil Nadu, India | USD 62.67 M | 194 | ||
Calcined petroleum coke, coal tar, and specialty chemicals are produced. | 1974 | Hyderabad, Telangana, India | USD 1.88 B | 2,390 |
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Frequently Asked Questions about Balaji Formalin
Balaji Formalin was founded in 2002.
Balaji Formalin is headquartered in Gandhinagar, India. It is registered at Gandhinagar, Gujarat, India.
Balaji Formalin has 61 employees.
The primary company behind Balaji Formalin, Burakia Industries Limited, reported revenue of ₹91.37 Cr for FY 2025, up 83% year on year.
Balaji Formalin is identified as South Asias largest manufacturer of Formaldehyde and Paraformaldehyde, operating facilities across 20 acres in Gujarat and Maharashtra with capacities of 3 million tonnes per annum for Formaldehyde and 20,000 tonnes for Paraformaldehyde. Compliance with state laws and EPA standards is maintained, alongside ISO certifications that ensure quality and environmental responsibility. Products are exported to over 35 countries, emphasizing safe packaging and efficient delivery through a skilled workforce. The companys CSR efforts focus on sustainable development and community contributions, while innovation drives consistent production excellence.
Balaji Formalin offers Formaldehyde and Paraformaldehyde.
Balaji Formalin operates through Burakia Industries Limited.
The legal entities of Balaji Formalin currently have 3 directors, including Manojkumar Gupta, Gupta Mahendrakumar, Mukesh Ratanlal Gupta.