‘Sacheerome Limited’ is a creative house, designing & manufacturing fragrance and flavours. It was founded in the year 1992 by our visionary promoter Mr. Manoj Arora, who is a third-generation entrepreneur of a business family in Fragrance & Flavour industry and has been actively involved in this line of business form last 40 years. Sacheerome was initially only in the fragrance industry. In 2014, the company ventured into the flavours and has a separate unit, with a team of skilled flavorists, an application centre and a Research & Development centre.

Fragrances manufactured by it are used in the Personal Care & Wash, Body Care, Hair Care & Wash, Fabric Care, Home Care, Baby Care, Fine fragrance, Air care, Pet Care, Men’s Grooming, Hygiene & Wellness and various other industries. Flavours manufactured by it are used in Beverage, Bakery, Confectionery, Dairy Products, Health & Nutrition, Oral care, Shisha, Meat Products, Dry Flavours, Seasonings and others. It is Sacheerome’s endeavour to continue to do research and innovation to deliver more solutions. Its products adhere to the global standards such as the International Fragrance Association (IFRA), European Commission (EU), Food Safety and Standards Authority of India (FSSAI),and Flavour Extract Manufacturers Association (FEMA as per the requirements of the customers). It is member of Chemexcil and Fragrances & Flavours Association of India (FAFAI). Additionally, it comply to ISO 9001:2015 ensuring top quality and reliability.

Sacheerome’s manufacturing facility is equipped, with an annual production capacity of 7,60,000 Kg. We have a strong and dedicated R&D team of 45 specialist persons, at Y-4 Okhla Industrial Area, Phase-II, New Delhi, India, 110020 and F-89-4-2 Okhla Industrial Area, Phase-1, New Delhi, India, 110020.

Growth potential of the business across the world and in India

The global flavours and fragrances market, valued at USD 32.2 billion in 2023, is expected to grow at an annual rate of 3.3%, reaching USD 43.6 billion by 2032, as shared by Imarc. This growth is fueled by the expanding food and beverage industry, rising interest in personal grooming and hygiene, changing consumer preferences, urbanization, and a growing demand for natural and organic ingredients. The rise in disposable income, particularly in emerging economies such as India and China, coupled with population growth, is expected to augment demand for personal care and cosmetic products. Simultaneously, the fast-paced lifestyle prevalent in both developing and developed economies is increasing the demand for processed foods and beverages, thereby boosting the need for diverse and appealing flavours. In 2023, the Asia-Pacific region dominated the global market, accounting for over 32% of the total revenue. The region’s large market share is attributed to changing consumer preferences for nutritional and health-focused food products in densely populated countries such as India and China. Asian flavours and fragrances are gaining traction globally, with markets like Europe, the Middle East, and North America embracing these sensory experiences. Countries such as Indonesia, India, China, and Vietnam have emerged as key markets for food flavor innovations in the Asia-Pacific region.

India’s fragrances market is anticipated to grow at a CAGR of 14.50% from 2024 to 2032, driven by factors such as rising disposable incomes, increasing consumer focus on personal grooming, and the proliferation of global beauty trends via social media. India has a rich history of olfactory culture, with the use of aromatherapy, incense, and ittar dating back to ancient times.

The Indian flavours market is experiencing robust growth, driven primarily by the expanding food processing industry and increased demand for packaged, ready-to-eat foods and beverages. According to a report by IMARC Group, the market size reached INR 4,287 Crore in 2023 and is projected to grow at a CAGR of 7.1% from 2023 to 2032, reaching INR 8,100 Crore by 2032.

The company has steady growth in its topline and strong bottomline. The shares are offered at reasonable PE multiple

+ from fundamental angle:  May Apply