What we do GLEN Industries Ltd manufactures eco-friendly food packaging products including Thin Wall Food Containers, PLA and Paper Straws, primarily serving the HoReCa, beverage, and food packaging sectors. |
Founded in 2,007 |
Market share Strong presence domestically and exports to 30+ countries with established brand recognition in sustainable food packaging. |
Problem solved Provides sustainable, biodegradable packaging alternatives reducing environmental impact for foodservice and beverage industries. |
Top clients or who we serve B2B focus serving hotels, restaurants, cafes, quick service restaurants, food & beverage, sweets and dairy industries. |
Key management Mr. Lalit Agrawal (Chairman, IIT Kharagpur alumnus), Mr. Nikhil Agrawal (Managing Director, IIM Calcutta alumnus). |
Our journey and innovations Founded in 2007, pivoted to food packaging in 2019; expanded manufacturing capacity and product range including U-shape straws; listed in 2025. |
Where we operate Operations in India with exports to over 30 countries including USA, Europe, Middle East, Australia. |
Top products or what we offer Thin Wall Food Containers, PLA Straws, Paper Straws, U-shape Straws designed for eco-friendly foodservice and beverage applications. |
Top brands Thin Wall Containers (#1 in lightweight packaging), PLA Straws (biodegradable, eco-friendly), Paper Straws (USFDA compliant), U-Shape Straws (beverage & dairy use). |
Raw materials needed Bioplastics, food-grade paper, plastics, and biodegradable materials sourced domestically and internationally. |
Raw materials supplier Suppliers include various polymer and paper manufacturers; details not disclosed publicly. |
Recurring vs cyclical contribution Revenue mostly recurring from consistent supply contracts with foodservice and beverage industries. |
Our industry position Growing leader in sustainable food packaging with strong domestic market and expanding international footprint. |
Financial highlights FY2025 revenue Rs 170.66 Cr; net profit Rs 18.22 Cr; steady growth with improving margins and market expansion. |
Geographical revenue split 67% Domestic and 33% Export revenue providing diversified market exposure. |
Order book No specific order book data disclosed; steady production capacity fully utilized at 665 MT/month for containers. |
Whats driving growth Demand for sustainable packaging, capacity expansion, product innovation, regulatory push towards eco-friendly alternatives. |
Our future plans Planned ₹100 Cr capex to expand production and diversify product range including paper cups and advanced packaging. |
Our green promise Strong commitment to sustainability using biodegradable materials, ISO 14001 certification, and eco-conscious manufacturing practices. |
Our people and values 650+ employees with emphasis on safety, inclusion, and continuous skill development. |
Key challenges ahead Raw material price volatility, intense competition, regulatory changes, and need for continual innovation. |
Interesting facts Pivoted from stationery to eco packaging; successful IPO in 2025; export presence across 30 countries. |
Risks and strategy Mitigates raw material risks through supply chain management; focuses on technological upgrades and market diversification. |
