About Shiva Performance Materials
Shiva Performance Materials is a Chemicals & Materials company based in Vadodara (India) founded in 2016. Chemical manufacturing and performance materials for pharmaceutical, agrochemical, polymer, and packaging industries. The company has 136 employees. Shiva Performance Materials has completed 2 acquisitions, including INEOS Styrolution and Ineos Styrolution India. Its Indian entity Shiva Performance Materials Private Limited reported revenue of ₹1,466 Cr. Shiva Performance Materials offers products and services including Chemical Intermediates and Resins and Emulsions. Its focus areas include Materials, Performance Materials, Styrenic Applications and Packaging Solutions.
Company details
Shiva Performance Materials is recognized for its involvement in chlorination chemistry and styrenic applications, where products are developed with advanced technology to support industries such as pharmaceuticals, agrochemicals, automotive, and packaging. Quality management is maintained through certifications like ISO 9001, while environmental and safety standards are upheld via compliance with regulations and sustainable practices. Exports are emphasized, accounting for 80 of revenue, and partnerships are fostered to drive innovation and efficiency in global markets. The companys operations are based in Vadodara, Gujarat, India, with a focus on continuous process improvements and adaptability.
- Headquarters Vadodara, India
- Employees 136
- SectorsChemicals & Materials
- Website shivaperformance.com
- Social LinkedIn YouTube
- Legal Name Shiva Performance Materials Pvt. Ltd.
- Date of Incorporation 23 Dec, 2013
- Jurisdiction Vadodara, Gujarat, India
- Annual Revenue₹1,466 Cr
FY 2025 · -44% YoY
- Net Profit₹449 Cr
FY 2025 · 31% margin
- EBITDA₹575 Cr
FY 2025 · 39% margin
- Employee Count136
- Investments & AcquisitionsINEOS Styrolution
& 1 more
Associated legal entities of Shiva Performance Materials
Shiva Performance Materials operates through Shiva Performance Materials Private 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 |
|---|---|---|---|---|---|---|---|
| Shiva Performance Materials Private Limited CIN U24100GJ2013PTC078001 | Active | 23 Dec 2013 | Vadodara, Gujarat | ₹1,466 Cr | 136 | 5 | View details |
Products & Services of Shiva Performance Materials
Shiva Performance Materials offers a comprehensive portfolio of products and services, including Chemical Intermediates and Resins and Emulsions.
Chemical intermediates are produced for pharmaceutical, agrochemical, and polymer industries to serve as building blocks in various applications.
Resins and emulsions are provided for printing and packaging applications, including toner resins and styrene-maleic anhydride resins.
Apps and channels of Shiva Performance Materials
its YouTube channel Shiva Performance Materials has 87 subscribers.
Board of directors of Shiva Performance Materials Private Limited (Shiva Performance Materials)
Shiva Performance Materials Private Limited is the primary company behind Shiva Performance Materials. The board of Shiva Performance Materials Private Limited currently have 4 directors; the longest-serving is Rakesh Shivbhagwan Agrawal, appointed in 2013. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Rakesh Shivbhagwan Agrawal DIN 00057955 | Director | 23 Dec 2013 | 12 yrs 10 mo | Shiva Performance Materials Private Limited |
| Rahul Rakesh Agrawal DIN 01226996 | Managing Director | 23 Dec 2013 | 12 yrs 10 mo | Shiva Performance Materials Private Limited |
| Vishal Rakesh Agrawal DIN 00056800 | Director | 23 Dec 2013 | 12 yrs 10 mo | Shiva Performance Materials Private Limited |
| Thakorbhai Dahyabhai Patel DIN 08423665 | Whole-time director | 01 Apr 2021 | 5 yrs 7 mo | Shiva Performance Materials Private Limited |
Financials of Shiva Performance Materials
Figures of Shiva Performance Materials Private Limited, the primary company behind Shiva Performance Materials, for FY 2025. Revenue was ₹1,466 Cr (-44% year on year). Net profit was ₹449 Cr (31% margin). EBITDA was ₹575 Cr (39% margin). Revenue has grown at a compounded annual rate of +69% over three years and +89% over five years.
- ₹1,466 CrRevenue · FY 2025 · -44% YoY
- ₹449 CrNet profit · 31% margin
- ₹575 CrEBITDA · 39% margin
- ₹17.84 CrPaid-up capital
- 136Employees (provident fund records)
- +69%Revenue CAGR, 3 years
- +89%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Shiva Performance Materials Private Limited are on its company page.
Detailed financial statements for Shiva Performance Materials
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Shiva Performance Materials
Shiva Performance Materials has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include INEOS Styrolution and Ineos Styrolution India.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Producer of absolac and absolan for manufacturing of home appliances | ineosstyrolutionindia.com | Vadodara, India | 1973 | Aug 2022 | •••• | |
Styrene monomer and polystyrene manufacturing is conducted by INEOS Styrolution. | ineos-styrolution.com | Frankfurt, Germany | 2011 | Aug 2022 | •••• |
Complete acquisition details for Shiva Performance Materials
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of Shiva Performance Materials
3 dated milestones of Shiva Performance Materials across 6 years, from founding to its latest funding, stage changes and deals.
- Founded Shiva Performance Materials is founded.
- Acquisition Acquires INEOS Styrolution.
- Acquisition Acquires Ineos Styrolution India.
Top companies in Composites & High-Performance Materials
2 companies that operate in the same segment as Shiva Performance Materials (Composites & High-Performance Materials) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Ceramic electrical insulators are manufactured for high-voltage applications. | 2004 | Chennai, Tamil Nadu, India | USD 26.56 M | USD 2.99 M | 54 | |
FRP/GRP composite materials and products are manufactured for industrial use. | 2011 | Ahmedabad, Gujarat, India | USD 23.56 M | 272 |
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Frequently Asked Questions about Shiva Performance Materials
Shiva Performance Materials was founded in 2016.
Shiva Performance Materials is headquartered in Vadodara, India. It is registered at Vadodara, Gujarat, India.
Shiva Performance Materials has 136 employees.
The primary company behind Shiva Performance Materials, Shiva Performance Materials Private Limited, reported revenue of ₹1,466 Cr for FY 2025, down 44% year on year.
Shiva Performance Materials is recognized for its involvement in chlorination chemistry and styrenic applications, where products are developed with advanced technology to support industries such as pharmaceuticals, agrochemicals, automotive, and packaging. Quality management is maintained through certifications like ISO 9001, while environmental and safety standards are upheld via compliance with regulations and sustainable practices. Exports are emphasized, accounting for 80 of revenue, and partnerships are fostered to drive innovation and efficiency in global markets. The companys operations are based in Vadodara, Gujarat, India, with a focus on continuous process improvements and adaptability.
Shiva Performance Materials offers Chemical Intermediates and Resins and Emulsions.
Shiva Performance Materials has made 2 acquisitions, including INEOS Styrolution, and Ineos Styrolution India.
Shiva Performance Materials operates through Shiva Performance Materials Private Limited.
The legal entities of Shiva Performance Materials currently have 5 directors, including Rakesh Shivbhagwan Agrawal, Rahul Rakesh Agrawal, Vishal Rakesh Agrawal and others.