Sampann Utpadan India Ltd is fundamentally a recycler that turns mountains of discarded tyres into reusable industrial rubber, while also generating power from the wind and sun. The company began life as S. E. Power Limited, a wind-energy producer, before adding a rubber reclamation plant in 2014 that has since grown to dominate the business, prompting a full rebranding in July 2023. Its recurring approach is to extract value from what others throw away-whether that is end-of-life tyres or the wind itself-guided by a philosophy it calls “Green Solution to Improve Business Profitability”.
Business segments
Two engines at different life stages-a rubber-recycling powerhouse that now drives nearly all revenue, and a wind-energy legacy being sold off-each built on turning waste streams into saleable output.
1. Reclaimed Rubber: where the world’s old tyres become new raw material
The company is one of India’s leading suppliers of reclaimed rubber, selling a cheaper, performance-enhancing substitute for virgin rubber to tyre and belt manufacturers at home and abroad.
- A replacement for fresh rubber - Reclaimed rubber is made by cooking scrap tyres through thermo-chemical processes that break down the polymer chains, softening the material so it can be used again. It substitutes for natural and synthetic rubber in everything from car and aircraft tyres to footwear, hoses, and adhesives, often improving heat resistance and cure speed in the process.
- Built on a global customer base - The division sells in bulk to a loyal set of domestic and international buyers, and has held a stable export share from India of around 35%. It is an approved, preferred vendor for top automotive tyre, conveyor belt, and transmission belt makers, and its domestic sales grew 24.5% in calendar year 2024 even as overall reclaim rubber consumption in the industry fell by 4%.
- Quality certifications open doors - The company supplies REACH-compliant products to European customers and runs a quality management system certified to ISO 9000:2008, with environmental management certified to ISO 14001:2004. These credentials are a practical requirement for supplying large industrial buyers and help lock in long-term relationships.
- A regulatory tailwind from EPR credits - A new Indian regulation called Extended Producer Responsibility now forces tyre makers to offset their production by buying credits from recyclers, and the company is a direct beneficiary. In FY25 alone, it sold EPR certificates for Rs. 811.26 lakhs, which was recorded as an exceptional item added to arrive at Profit/Loss before Tax, creating a second revenue stream from the same recycling activity.
- Imported machinery, now fully mastered - The reclamation plant runs on machines imported in 2013, and the company states the technology has been fully absorbed. A captive solar plant and energy-saving measures-like powerless turbo ventilators and a building designed to need no artificial light during the day-keep operating costs down.
2. Non-Conventional Energy: a legacy wind business being harvested for cash
The company generates electricity from wind turbines and sells it to the grid, but the segment has shrunk to a negligible share of revenue and is now being sold.
- Wind power sold to the grid - The division has operated wind turbines since commercial production began on 30 September 2010, earning revenue by feeding electricity into power grids. Its only raw material is wind, making it vulnerable to unfavourable weather conditions that can halt generation.
- A diminishing contributor - The segment’s share of total revenue fell from 7.01% in FY20 to just 0.20% in the most recent financial year, as the reclaimed rubber business grew to dominate the company.
- Approved for sale - On 24 June 2026, the Board approved selling the entire wind-energy segment to two separate buyers-Viviid Green Power Private Limited for the Karnataka assets and Viviid Emissions Reduction Universal Private Limited for Rajasthan-for a total cash consideration of Rs. 2.45 Crore, with completion expected within six months.
Group structure and partners
The company is a promoter-led operation with a single dormant subsidiary, a recently expanded board, and fresh capital raised through a preferential warrant issue.
- A wholly owned subsidiary with no activity - Sampann Utpadan India Ltd owns 100% of Shubham Electrochem Limited, which reported nil income and a loss during FY23. The company has no foreign collaborations.
- Management anchored by the promoter family - Managing Director Sachin Agarwal, an MBA in Marketing, leads the company, while his son Aanjanayae Agarwal joined as Chief Development Officer in January 2024 after earning a Masters in Entrepreneurship from the University of Warwick. Day-to-day plant operations and marketing are handled by Executive Director Sanjeetkumar Gourishankar Rath, who has over 14 years of experience as a plant head.
- A broadened board and fresh funding - As of March 2025, the nine-director board included seven independent directors, one of them a woman. The company raised capital by issuing 1,05,00,000 warrants convertible into equity shares at Rs. 33.90 each, with the largest allocations going to promoter Sachin Agarwal (42 lakh warrants) and Unico Global Opportunities Fund Limited and EBISU Global Opportunities Fund Ltd (31.5 lakh warrants each).