Financial Performance Summary (Consolidated)

Quarterly Performance (Q2 FY27 vs Q2 FY26):

  • Total Income: ₹2,402.2 million (up 44.2% from ₹1,665.6 million)
  • EBITDA: ₹266.2 million (up 58.5% from ₹168.0 million)
  • Net Profit (from continuing operations): ₹160.6 million (up 102.1% from ₹79.4 million)
  • EBITDA Margin: 11.1% (improved +100 bps from 10.1%)
  • Net Profit Margin: 6.7% (improved +191 bps from 4.8%)

Half-Yearly Performance (H1 FY27 vs H1 FY26):

  • Total Income: ₹4,491.5 million (up 28.6% from ₹3,491.7 million)
  • EBITDA: ₹483.6 million (up 47.9% from ₹327.1 million)
  • Net Profit (from continuing operations): ₹277.3 million (up 82.8% from ₹151.8 million)
  • EBITDA Margin: 10.8% (improved +140 bps from 9.4%)
  • Net Profit Margin: 6.2% (improved +183 bps from 4.3%)

End-Market Diversification (Q2 FY27)

The company maintains a diversified end-market presence:

  • Food Industry: 44%
  • Industrial Packaging: 23%
  • Construction: 12%
  • Agriculture: 8%
  • Automotive: 7%
  • Mining & Building Materials: 6%

Geographical Revenue Mix (Q2 FY27)

The company has strong international exposure:

  • Europe: 65%
  • North America: 17%
  • South America: 14%
  • Asia: 2%
  • Australia: 1%
  • Africa: 1%

Expansion Projects Update

1. FIBC Division – Unit 3, Gajner Road:

  • Construction of new building expected completion: October 30, 2026
  • Machinery for both Phase 1 and Phase 2 has been received

2. Modern Roll Management System:

  • Building construction delayed due to excessive rainfall
  • Completion expected by: November 15, 2026

3. Needle Punching and Ironing Machine Installation:

  • Civil works affected by exceptionally heavy rainfall in Kanpur
  • First Machine (received August 2026): Commissioning expected by November 15, 2026
  • Second Machine: Commissioning expected by end of March 2027

Management Commentary & Outlook

Mr. Shashank Agarwal, Deputy Managing Director, commented on the performance:

  • Strong growth driven by efficient operations and improved profitability
  • Diversified industry and international market presence remains a key strength
  • Focus on strengthening core packaging business and customer relationships
  • Teams working to complete delayed projects per revised timelines
  • Building new growth avenues beyond packaging business:
  • Taslan Yarn manufacturing joint venture
  • Non-woven technical textiles
  • B2C and OEM-linked technical textiles segments
  • Future focus areas: operational efficiency, manufacturing capability expansion, disciplined capital expenditure

Business Description

Kanpur Plastipack Limited is an established Indian manufacturer of:

  • Flexible Intermediate Bulk Containers (FIBCs)
  • Industrial packaging solutions
  • PP Multifilament Yarn
  • UV MasterBatches
  • Fabrics

The company is expanding into higher-value product segments including premium Taslan Yarn and non-woven technical textiles.