About Rajputana Biodiesel Limited

Business Overview

Rajputana Biodiesel Limited (RBL), incorporated on November 10, 2016, as Rajputana Biodiesel Private Limited, transitioned to a public limited company under the Companies Act, 2013. The company specializes in manufacturing and supplying biofuels, including biodiesel, and by-products such as glycerine and fatty acids, catering to diverse industry needs.
Operating from a 4,000 sq. m. facility in Phulera, Rajasthan, RBL has an approved production capacity of 30 KLPD and an installed capacity of 24 KLPD. The company employs a state-of-the-art, flexible manufacturing setup that accommodates multiple feedstocks, enabling it to adapt swiftly to market demands. RBL is actively exploring export opportunities to enhance its market reach and contribute to the renewable energy sector.

Industry Analysis

India’s renewable energy sector presents significant growth potential, driven by the government’s target of 20% ethanol blending in petrol and 5% biodiesel blending in diesel by 2030. Biofuels, being renewable, reduce carbon emissions and environmental impact, providing an appealing alternative to conventional fossil fuels.
With programs like the National Mission on Biodiesel and a growing emphasis on sustainability, the industry is poised for expansion. However, challenges include varying state-level policies, electrification trends, and the need for advanced infrastructure. RBL is well-positioned to capitalize on these opportunities by leveraging its strong manufacturing capabilities and commitment to innovation.

Business Strengths

• Diversified Revenue Streams: RBL generates revenue from biodiesel and its valuable by-products, reducing dependency on a single source.
• Owned Manufacturing Facility: The company operates its production unit, ensuring control over quality and efficiency.
• Flexible Operations: The ability to handle multiple feedstocks allows RBL to adapt to changing market conditions.
• Experienced Team: A skilled management team and workforce support efficient operations and strategic planning.
• Strong PSU Partnerships: Long-standing relationships with government Public Sector Undertakings provide revenue stability and credibility.

Business Strategies

1. Expanding Domestic Production: RBL aims to boost biodiesel output by investing in sustainable local feedstocks, process upgrades, and new facilities, reducing reliance on imports.
2. Commitment to Renewable Energy: By adopting advanced technologies and collaborating with industry leaders, the company seeks to enhance biofuel production and innovation.
3. Energy Efficiency Initiatives: Implementing energy audits, equipment upgrades, and process optimizations to reduce costs and minimize environmental impact.
4. Exploring Export Markets: The company is strategically evaluating opportunities to expand its biodiesel exports, targeting regions with high demand.

Risk Factors and Concerns

1. Regulatory Dependence: Changes in government policies and non-compliance with regulations could adversely impact operations.
2. Licenses and Approvals: The business depends on obtaining and maintaining statutory permits and licenses. Delays or non-compliance may disrupt operations.
3. Competitive Landscape: The absence of entry barriers in the biofuel industry could lead to increased competition from organized and unorganized players.
4. Raw Material Supply: Availability, quality, and pricing of raw materials are critical for consistent production. Fluctuations or delays may affect business outcomes.
5. Market Dynamics: Resistance to adopting biofuels and reliance on fossil fuels by some users could hinder growth.

As of July 31, 2024, the total number of employees of the company stand at 30. The Bankers of the Rajputana Biodiesel Limited is Kotak Mahindra Bank Limited.