Accent Microcell Ltd. – Company Report
1. Company Overview
Accent Microcell Ltd., established in 2012 and headquartered in Ahmedabad, Gujarat, is a leading Indian manufacturer of cellulose-based excipients, with particular expertise in microcrystalline cellulose (MCC). The company caters primarily to the pharmaceutical, nutraceutical, food, and cosmetic industries, supplying high-quality, refined cellulose products used as functional excipients and additives. Accent Microcell operates two advanced manufacturing units: Pirana (serving the domestic market) and Dahej SEZ (export-oriented unit).
Under the leadership of Managing Director Ghanshyam A. Patel, Accent Microcell has developed a strong global presence, exporting to more than 36 countries—including the USA, Canada, Germany, and several other developed markets. The company holds numerous international certifications such as EXCiPACT, US-DMF, GMP, and ISO 9001:2008, reflecting its commitment to stringent quality standards and regulatory compliance. Accent Microcell employs over 170 staff and is listed on the National Stock Exchange of India (NSE).
Key Highlights:
- Incorporated: 2012
- Headquarters: Ahmedabad, Gujarat, India
- Certifications: EXCiPACT, US-DMF, GMP, ISO 9001:2008, HACCP
- Core Focus: Microcrystalline cellulose and cellulose-based excipients
- Manufacturing Facilities: Pirana and Dahej SEZ, Gujarat
- Global Reach: Export to 36+ countries
- CEO/MD: Ghanshyam A. Patel
- Market Capitalization (July 2025): ~₹666 crore
2. Products and Services
Accent Microcell offers a wide range of cellulose-based products for specialized and industrial applications:
Pharmaceutical Excipients
- Microcrystalline cellulose (regular, silicified, and specialty blends)
- Microcrystalline cellulose spheres
- Crosscarmellose sodium
- Magnesium stearate
- Microcrystalline cellulose combined with carboxy methyl cellulose (CMC)
- Cellulose powder
Product Brands
- Marketed under: Accel, Vincel, Acrocell, and Maccel
Other Industries Served
- Nutraceuticals
- Food and bakery
- Dairy
- Meats and seafood
- Cosmeceuticals and personal care
- Paints
- Cement, ceramics, rubber, textiles
- Filtration
- Welding and construction
Manufacturing and Technology
- State-of-the-art processes: spray drying, spin flash drying, metal detection, automated material handling
- Emphasis on vertical integration and R&D-led product innovation
- Customizable grades and technical specifications
Value-Added Services
- Supply chain management
- On-time logistics and customer support
- Regulatory and documentation assistance for global exports
Accent Microcell’s excipients are integral to pharmaceutical tablet and capsule production, offering advantages in flow, compressibility, and stability. The company has also expanded its offerings with new product launches and advanced technical features.
3. Recent News & Financial Performance
Recent Developments
- Expanded export base with a CAGR of 23% in export revenues between 2021 and 2023
- Capacity expansion investments and launch of innovative products such as specialty MCC blends and advanced cellulose spheres
- Converted from a private to a public limited company in December 2022 and listed on the NSE
4. Financial Performance (FY2025)
| Metric | Value |
|---|---|
| Revenue from Operations | ₹264.6 crore (FY2025), up from ₹245.5 crore in FY2024 |
| Total Revenue | ₹271.0 crore |
| Net Profit | ₹33.1 crore (FY2025), up from ₹30.1 crore |
| EPS | ₹13.78 |
| Operating Profit Margin | 16% |
| Net Profit Margin | 12.9% |
| Debt | Almost debt-free |
| Dividend | None declared for FY2025 |