Stallion India Fluorochemicals Secures RIICO Plot for R-32 Facility Expansion
Stallion India Fluorochemicals Limited (SIFL) secured an additional 28,650 sq.m. industrial plot from RIICO in Rajasthan, bolstering its expansion strategy for a greenfield R-32 manufacturing facility. This allotment follows recent environmental clearance for the 10,000 MT per annum plant, with construction already underway. Expected to be operational by August 2026, the facility aims for ₹500 crore in annual revenues and supports SIFL's 3-year revenue CAGR target of 30-35%, enhancing domestic manufacturing capabilities.
Stallion India Fluorochemicals Limited (SIFL) has significantly advanced its strategic expansion plans by securing an additional industrial plot from the Rajasthan State Industrial Development & Investment Corporation Limited (RIICO). The allotment, under the Direct Allotment Policy-2025, covers approximately 28,650 square meters in the RIICO Industrial Area, Ukhaliya, Rajasthan, and is crucial for supporting SIFL's greenfield R-32 manufacturing facility.This development closely follows SIFL's receipt of Environmental Clearance (EC) on December 28, 2025, from the State Environment Impact Assessment Authority (SEIAA) for the proposed R-32 plant. The facility is designed with an approved capacity of 10,000 MT per annum for R-32, alongside 7,500 MT per annum for blended refrigerants and Hydrochloric Acid (HCl) as a by-product.Mr. Shazad Rustomji, Managing Director & CEO, highlighted that this land allotment is a vital step post-EC, accelerating the company's expansion roadmap. Construction for the Bhilwara R-32 plant has already begun and is projected to conclude within seven months, targeting commercial commissioning by August 2026. The additional land will facilitate future scalability and infrastructure needs, reinforcing SIFL's focus on backward integration and supply-chain resilience. This expansion aligns with national initiatives like 'Make in India' and 'Viksit Bharat,' aiming to strengthen domestic production of critical chemical intermediates.Financially, the R-32 facility is anticipated to generate annual revenues of approximately ₹500 crore, with PAT margins ranging between 22-24%. This expansion is expected to contribute to SIFL's goal of achieving a 3-year revenue CAGR of 30-35%, promising substantial long-term value for stakeholders.
