What we do Kanpur Plastipack Ltd manufactures and exports industrial packaging products including HDPE/PP woven sacks, flexible bulk containers, fabrics, and polypropylene yarn with integrated solar power operations. |
Founded in 1,971 |
Market share A leading exporter serving 60+ countries with ~70% revenue from international markets, noted for 80-85% repeat business and strong presence in Europe. |
Problem solved Provides durable, cost-effective, and compliant industrial packaging and textile solutions addressing bulk material handling and packaging needs for varied industries. |
Top clients or who we serve Serves B2B clients across agriculture, construction, food, mining, and industrial packaging sectors globally, including various large-scale distributors and manufacturers. |
Key management Chairman Cum Managing Director: Manoj Agarwal; Deputy Managing Director: Shashank Agarwal; CFO: Shobhit Agarwal; CS: Ankur Srivastava. |
Our journey and innovations Since 1971, expanded capacity; diversified into multifilament yarn, solar energy, and non-woven fabrics; acquired UK distributor; pioneered solar power in operations. |
Where we operate Global footprint including Europe, Asia-Pacific, Americas, Africa, and Australia with manufacturing bases in India and subsidiaries in the UK and Brasil (closed). |
Top products or what we offer Flexible Intermediate Bulk Containers (FIBC), PP woven sacks, multifilament yarn, UV masterbatches, fabrics, and recently launched cast polypropylene films. |
Top brands Kanplas FIBC - export-leading industrial bulk bags; PP multifilament yarn - high tenacity; UV masterbatches for durability; solar divisions for renewable energy. |
Raw materials needed Primarily polypropylene (PP) and high-density polyethylene (HDPE) resin for woven sacks and multifilament yarn manufacturing. |
Raw materials supplier Mainly domestic and global polymer resin suppliers including Indian Oil Corporation for consignment stock operations. |
Recurring vs cyclical contribution Majority of revenue is recurring from industrial packaging products and export contracts with some cyclical exposure in trading and CPP segments. |
Our industry position Prominent mid-sized player in global industrial packaging with competitive advantages in integrated manufacturing and renewable energy use. |
Financial highlights FY2024-25 revenue Rs. 628.61 Cr, net profit Rs. 11.11 Cr; highest-ever turnover with 27% revenue growth and 2872% net profit increase. |
Geographical revenue split ~77% exports including Europe, Asia; 23% domestic sales with emerging markets in Japan and expansion into UK via subsidiary. |
Order book - |
Whats driving growth Growth driven by expanded export markets, diversified product portfolio, solar power integration, and strategic acquisitions and partnerships. |
Our future plans Focus on scaling FIBC capacity, repurposing CPP assets, expanding non-woven textiles, and deeper global market penetration, especially Europe and Japan. |
Our green promise Nearly 60% energy from solar power, zero liquid discharge, rainwater harvesting and recyclable products supporting sustainability and lower emissions. |
Our people and values Employee base emphasizes innovation, operational excellence and governance with commitment to safety, inclusion, and continuous learning. |
Key challenges ahead Managing global market volatility, optimizing divestment impacts, increasing value-added product shares, and maintaining supply chain efficiency. |
Interesting facts One of the first in Uttar Pradesh with rooftop solar; offers over 50 years of trusted industrial packaging; strong customer loyalty with 85% repeated orders. |
Risks and strategy Risks include raw material price fluctuations and forex volatility; mitigated by backward integration, diversified markets, and financial prudence. |