About Vedantanickel
Vedantanickel is a Chemicals & Materials company based in Quepem (India) founded in 2024. It manufactures and supplies industrial chemicals including nickel, cobalt, and sodium sulfate products. It operates on a B2B model in Chemicals & Materials and Industrial Goods & Manufacturing sectors. The company has 80 employees. Its Indian entity Malco Energy Limited reported revenue of ₹543 Cr. Vedantanickel offers products and services including Nickel Sulfate, Cobalt Sulfate, Sodium Sulphate Anhydrous, Nickel Cathodes, and Ammonium Sulphate. Its focus areas include Industrial, Chemicals Manufacturing, Inorganic Chemicals and Sodium Compounds.
Company details
Malco Energy Limited is a manufacturer based in Goa, India, specializing in producing chemical compounds such as nickel sulfate, cobalt sulfate, and sodium sulphate anhydrous. They operate as a limited company established in 2021, focusing on industrial chemical production for various applications. With over 100 employees, they supply these products through business-to-business channels, emphasizing quality in metal and mineral processing. No specific clients are mentioned in available details.
- Headquarters Quepem, India
- Employees 80
- SectorsChemicals & MaterialsIndustrial Goods & Manufacturing
- Phone•••• ••••
- Website vedantanickel.in
- Legal Name Malco Energy Limited
- Date of Incorporation 18 Jan, 2001
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹543 Cr
FY 2023 · +149% YoY
- Net Loss-₹267 Cr
FY 2023 · -49% margin
- EBITDA-₹215 Cr
FY 2023 · -40% margin
- Employee Count80
Associated legal entities of Vedantanickel
Vedantanickel operates through Malco Energy Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Malco Energy Limited CIN U31300MH2001PLC428719 | Active | 18 Jan 2001 | Mumbai, Maharashtra | ₹543 Cr | 80 | 3 | View details |
Products & Services of Vedantanickel
Vedantanickel offers a comprehensive portfolio of products and services, including Nickel Sulfate, Cobalt Sulfate, Sodium Sulphate Anhydrous, Nickel Cathodes, and Ammonium Sulphate.
Industrial compound used for metal processing and plating applications
Sulfate for battery production and pigment manufacturing
Drying agent in detergents and glass production
High-grade cathodes for electroplating and refining
Fertilizer and chemical intermediate for industrial use
Board of directors of Malco Energy Limited (Vedantanickel)
Malco Energy Limited is the primary company behind Vedantanickel. The board of Malco Energy Limited currently have 3 directors; the longest-serving is Angusamy Sumathi, appointed in 2015. 20 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Angusamy Sumathi DIN 07147100 | Additional Director | 30 Mar 2015 | 11 yrs 7 mo | Malco Energy Limited |
| Navin Kumar Jaju DIN 00669654 | Additional Director | 22 Jul 2021 | 5 yrs 3 mo | Malco Energy Limited |
| Narayanaswamy Alampallam Ramakrishnan DIN 00818169 | Director | 29 Oct 2022 | 4 yrs | Malco Energy Limited |
Financials of Vedantanickel
Figures of Malco Energy Limited, the primary company behind Vedantanickel, for FY 2023. Revenue was ₹543 Cr (+149% year on year). Net loss was -₹267 Cr (-49% margin). EBITDA was -₹215 Cr (-40% margin). Revenue has grown at a compounded annual rate of +293% over three years and +85% over five years.
- ₹543 CrRevenue · FY 2023 · +149% YoY
- -₹267 CrNet loss · -49% margin
- -₹215 CrEBITDA · -40% margin
- ₹4.67 CrPaid-up capital
- 80Employees (provident fund records)
- +293%Revenue CAGR, 3 years
- +85%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Malco Energy Limited are on its company page.
Detailed financial statements for Vedantanickel
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.
Top companies in Petrochemicals & Derivatives
3 companies that operate in the same segment as Vedantanickel (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 479.49 M | 976 | ||
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 |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Related news about Vedantanickel
Complete news archive for Vedantanickel
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Vedantanickel
Vedantanickel was founded in 2024.
Vedantanickel is headquartered in Quepem, India. It is registered at Quepem, Goa, India.
Vedantanickel has 80 employees.
The primary company behind Vedantanickel, Malco Energy Limited, reported revenue of ₹543 Cr for FY 2023, up 149% year on year.
Malco Energy Limited is a manufacturer based in Goa, India, specializing in producing chemical compounds such as nickel sulfate, cobalt sulfate, and sodium sulphate anhydrous. They operate as a limited company established in 2021, focusing on industrial chemical production for various applications. With over 100 employees, they supply these products through business-to-business channels, emphasizing quality in metal and mineral processing. No specific clients are mentioned in available details.
Vedantanickel offers Nickel Sulfate, Cobalt Sulfate, Sodium Sulphate Anhydrous, Nickel Cathodes, and Ammonium Sulphate.
Vedantanickel operates through Malco Energy Limited.
The legal entities of Vedantanickel currently have 3 directors, including Navin Kumar Jaju, Angusamy Sumathi, Narayanaswamy Alampallam Ramakrishnan.