What we do HCP Plastene Bulkpack Limited engages in manufacturing woven sacks and labels, serving the plastics packaging and technical textile industries primarily in India with global outreach. |
Founded in 1,984 |
Market share Key part of Plastene Group, a reputed FIBC manufacturer and exporter from India. |
Problem solved Provides durable packaging solutions and labels addressing needs in various industrial and export markets. |
Top clients or who we serve B2B serving packaging industries including agriculture, chemicals, and industrial sectors. |
Key management - |
Our journey and innovations Started in 1984, public in 1994, introduced new product lines in 2015-16, and expanded manufacturing with subsidiaries and international ventures recently. |
Where we operate Primary operations in India with export markets and a new LLP in Malaysia. |
Top products or what we offer Woven sacks, woven fabrics, BOPP laminated bags, labels, and FIBC bags for diverse industrial uses. |
Top brands Operating under Plastene Group known for quality FIBC and packaging products. |
Raw materials needed Polypropylene fibers and films for woven sacks and labels. |
Raw materials supplier Not specified explicitly. |
Recurring vs cyclical contribution Revenue largely from manufacturing with recurring orders in packaging segments. |
Our industry position Strong standing in woven sacks and technical textiles, leveraging Plastene Group's export presence. |
Financial highlights Consolidated revenue Rs. 463.44 crores FY2024-25, PAT Rs. 13.3 crores, significant growth over prior years. |
Geographical revenue split Primarily India with exports and emerging international ventures. |
Order book - |
Whats driving growth Capacity expansion, new product introductions, export growth, and increased operational efficiency. |
Our future plans Expanding direct sales, exploring new geographies, and broadening product portfolio, including joint ventures. |
Our green promise - |
Our people and values Committed to good governance, employee welfare, and compliance with regulatory and social standards. |
Key challenges ahead Improving capacity utilization, shifting from job work to direct sales, meeting working capital needs. |
Interesting facts Transitioned ownership via resolution plan in 2021; active in technical textile innovations; new subsidiaries and LLP set up in Malaysia. |
Risks and strategy Adapting to market demand fluctuations and increasing direct sales to enhance profitability and reduce dependency on job work. |
