What we do Bai-Kakaji Polymers Ltd manufactures and supplies PET preforms, plastic caps, and closures for packaging in beverages, dairy, and pharmaceuticals. |
Founded in 2,013 |
Market share Leading player in Indian PET preform and plastic closures market with expanding capacity and Tier-1 clientele including Reliance and Tata. |
Problem solved Provides high-quality, lightweight packaging components meeting industry standards, helping reduce costs and carbon footprint for beverage and FMCG industries. |
Top clients or who we serve Serves B2B clients in packaged drinking water, carbonated beverages, juices, dairy, and pharmaceutical sectors across India and emerging export markets. |
Key management Mr. Balkishan Pandurangji Mundada (Chairman & MD, 30 years experience), Mr. Harikishan Pandurangji Mundada (Whole Time Director), Mr. Akshay Balkishan Mundada (Executive Director & CFO). |
Our journey and innovations Founded in 2013, expanded manufacturing with advanced global machines; pioneered lightweight Alaska neck closures; acquired Bai Kakaji Industries in 2025. |
Where we operate Operations primarily across India with strong presence in Western and Southern regions; emerging international exports. |
Top products or what we offer PET preforms, plastic caps and closures (including Alaska and CSD closures), shrink and adhesive films. |
Top brands Alaska closures (#1 lightweight caps), SACMI, HUSKY, ASB molded preforms, pan-India reach, patented manufacturing processes. |
Raw materials needed PET resin, HDPE, LDPE, and polypropylene granules for injection molding and closures manufacture. |
Raw materials supplier Raw materials sourced from domestic and international suppliers secured through direct procurement. |
Recurring vs cyclical contribution Revenue mostly recurring from ongoing supply contracts with beverage and FMCG industries. |
Our industry position Strong domestic player with growing market share in organized plastic packaging industry, recognized for high-quality and innovation. |
Financial highlights FY25 revenue ₹325.93 crore, net profit ₹18.37 crore, EBITDA margin improving, PAT CAGR targeted at 30%-35%. |
Geographical revenue split ~99% revenue from India; small but growing exports contributing less than 1%. |
Order book - |
Whats driving growth Urbanization, rising packaged beverage demand, Make in India initiative, capacity expansions, and advanced manufacturing technologies. |
Our future plans Capacity expansion, backward integration, next-gen product launches, domestic market penetration, and geographic expansion. |
Our green promise Innovative lightweight packaging reduces material use and carbon footprint; exploring rPET integration for sustainability. |
Our people and values Family-led with multi-generational leadership emphasizing core values, operational discipline, and customer focus. |
Key challenges ahead Raw material price volatility, competition from unorganized sector, regulatory compliance, and scaling export markets. |
Interesting facts First Indian company to launch 1.2gm Alaska neck closures; IPO raised ₹105.17 crore in 2025 giving growth capital. |
Risks and strategy Mitigating supply chain risks via in-house tool room, direct procurement; growth driven by technology upgradation and market expansion. |
