Veera Fragrances Private Limited, established in 1998, specializes in the creation and supply of fragrances and flavors for various industries. The company is committed to delivering high-quality products that provide clients with a competitive edge in the market.
Key Strategic Focus
Veera Fragrances focuses on offering customized fragrance and flavor solutions across multiple sectors, including incense sticks, soaps, detergents, fine fragrances, attars, deodorants, room fresheners, cosmetics, candles, chewing tobacco, confectioneries, syrups, and beverages. The company emphasizes innovation and quality to meet diverse client needs.
Financials and Funding
As of the fiscal year ending March 31, 2023, Veera Fragrances reported a 10.9% increase in total revenue and a 49.97% rise in profit compared to the previous year. The company's net worth also increased by 11.27%. The authorized share capital stands at ₹4.00 million, with a paid-up capital of ₹3.99 million.
Technological Platform and Innovation
Veera Fragrances operates an ISO 9001:2015 certified facility, underscoring its commitment to quality. The company invests in research and development, utilizing advanced equipment such as Gas Chromatography (GC) and Gas Chromatography-Mass Spectrometry (GCMS) to ensure product excellence.
Leadership Team
The leadership team includes:
- Ajit P. Jain: Founder and Promoter with over 40 years of experience in the fragrance and flavor industry.
- Vaibhav Jain: Director, contributing to strategic initiatives.
- Nikhil Jain: Director, focusing on operational excellence.
- Abhishek Jain: Director, overseeing business development.
These individuals play pivotal roles in steering the company's growth and innovation.
Competitor Profile
Veera Fragrances operates in a competitive market alongside companies such as International Flavors & Fragrances India Private Limited. The industry is characterized by a focus on quality, innovation, and the ability to provide customized solutions to clients.
Strategic Collaborations and Partnerships
The company collaborates with various clients across industries to develop tailored fragrance and flavor solutions, enhancing product appeal and market penetration.
Operational Insights
Veera Fragrances' commitment to quality, innovation, and customer-centric solutions positions it favorably in the market. The company's ISO certification and advanced R&D capabilities serve as key differentiators.
Strategic Opportunities and Future Directions
The company aims to expand its product portfolio and explore new markets, leveraging its strengths in quality and innovation to meet evolving consumer preferences.
Contact Information
For more information, visit the official website.
Note: Specific contact details such as address, phone number, and email are not provided in this profile.