What we do Gujarat Raffia Industries Ltd manufactures a wide range of plastic products including tarpaulins, woven bags, ropes, and geomembranes, catering mainly to industrial and agricultural sectors. |
Founded in 1,984 |
Market share A leading manufacturer in India for PE Tarpaulin and HDPE woven bags with significant expansion in product capacity over the years. |
Problem solved Provides durable and reliable solutions for packaging, sheltering, lining, and agricultural needs using quality plastic materials. |
Top clients or who we serve B2B customers in agriculture, construction, logistics, and industrial packaging sectors. |
Key management - |
Our journey and innovations Founded in 1984, expanded capacities in early 1990s and 2019; introduced laminated sheets and diversified into PP ropes and tarpaulins. |
Where we operate Primarily within India with exports contributing notable revenue outside India. |
Top products or what we offer PE Tarpaulins, HDPE & PP Woven Bags, PP Ropes, Geomembranes, Ground Sheeting, Pond and Canal Linings. |
Top brands - |
Raw materials needed High-quality polyethylene (PE), polypropylene (PP), and HDPE resins obtained from leading vendors. |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue primarily from recurring manufacturing and sales contracts with cyclical demand influenced by industrial activity. |
Our industry position Recognized leader in PE plastic products manufacturing with strong domestic presence and export markets. |
Financial highlights FY 2024-25 Revenue Rs 30.57 crore, Profit After Tax Rs 0.52 crore, slight dip in profits compared to previous year. |
Geographical revenue split Approximately 78% revenue from India and 22% from international markets. |
Order book - |
Whats driving growth Capacity expansions, product diversification, and sustained demand in agriculture and packaging sectors. |
Our future plans No major changes reported; focusing on operational efficiency and compliance. |
Our green promise - |
Our people and values Company emphasizes adherence to corporate governance, ethical practices, and employee engagement. |
Key challenges ahead Economic slowdown impact, technology upgrades, and regulatory compliance. |
Interesting facts First Indian company in the sector to establish a lamination plant in 1993; continuous capacity expansions since inception. |
Risks and strategy Managing supply chain risks, regulatory compliance, and market competition with plans for steady growth and internal controls. |
