Ducol Organics And Colours Limited — Updates, 28-07-2025: Press Release

Ducol Organics' subsidiary, Bitumag Industries, has commissioned its second waterproofing membrane production line. This significantly boosts Bitumag's annual capacity to over 10 million square meters, positioning it among India's largest manufacturers. This expansion is key to Ducol's strategy into high-growth construction chemicals, targeting increased market share. Bitumag previously reported revenue of INR 36.8 crore and profit after tax of INR 3.04 crore. The waterproofing market, valued at ₹15,000-20,000 crore, is underpenetrated and shows faster growth than the paint industry, indicating strong future potential.