What we do Dhaval Packaging Limited designs, manufactures, and supplies plastic packaging solutions, specializing in In-Mould Label containers and pipe protection End Caps for domestic and international markets. |
Founded in 2,015 |
Market share A growing player in plastic packaging with a strong presence in food-grade IML and pipe protection caps, expanding exports to Canada, Dubai, and Qatar. |
Problem solved Provides sustainable, customizable, and rapid-turnaround plastic packaging and protection solutions addressing food industry needs and pipe protection requirements. |
Top clients or who we serve Primarily B2B customers in the food packaging industry and infrastructure pipe segments, serving both domestic and international clients. |
Key management - |
Our journey and innovations Launched in 2015 with IML packaging, expanded to End Caps in 2016, and set up three manufacturing plants with advanced automation by 2023. |
Where we operate India primarily (Sanand, Gujarat) with exports to Canada, Dubai, and Qatar. |
Top products or what we offer In-Mould Label (IML) containers for food packaging and SAW pipe protection plastic caps (End Caps). |
Top brands IML Containers - key revenue and profit driver; SAW Pipe Protection End Caps - growing segment with design customization. |
Raw materials needed Plastic resins and related raw materials for manufacturing containers and caps. |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue mix largely recurring from manufacturing contracts with cyclical aspects due to market demand fluctuations. |
Our industry position Emerging manufacturer with diversified packaging segments, leveraging automation and export expansion to build market share. |
Financial highlights For FY 2023 revenue ₹65.03 crore and net profit ₹8.04 crore, showing steady growth from prior years. |
Geographical revenue split Domestic revenue accounts for 64.2 crores; exports contribute around 0.83 crores. |
Order book - |
Whats driving growth Rising demand for sustainable packaging, expanded production capacity, export market entry, and product portfolio diversification. |
Our future plans IPO planned to raise capital, further capacity expansion, and increase export footprint. |
Our green promise - |
Our people and values - |
Key challenges ahead Market competition, raw material price volatility, and maintaining quality in scaling operations. |
Interesting facts First factory with robotic automation for IML containers in Sanand; dual-segment manufacturer with export reach. |
Risks and strategy Mitigate risks through quality control, operational efficiency, and expanding customer base to balance market cyclicality. |
