What we do Pyramid Technoplast Limited manufactures polymer-based molded products including Polymer Drums, rigid Intermediate Bulk Containers (IBCs), and Mild Steel Drums for chemical, agrochemical, and pharmaceutical industries. |
Founded in 1,997 |
Market share One of the leading manufacturers of rigid IBCs in India with nine manufacturing units and extensive production capacities. |
Problem solved Provides durable, safe, and standardized industrial packaging solutions addressing the bulk storage and transportation needs of chemical and pharmaceutical sectors. |
Top clients or who we serve Serves over 500 customers primarily in chemical, agrochemical, specialty chemical, and pharmaceutical sectors (B2B). |
Key management Bijaykumar Agarwal (Chairman & Managing Director, 19 years industry experience); Jaiprakash Agarwal (Whole Time Director & CFO); Madhu Agarwal (Whole Time Director). |
Our journey and innovations Started production of Polymer Drums in 1998; expanded into IBCs and Mild Steel Drums; commissioned recycling and solar plants to enhance sustainability and cost efficiency. |
Where we operate Manufacturing units across Maharashtra, Gujarat, and Silvassa with pan-India market presence. |
Top products or what we offer Polymer Drums, rigid Intermediate Bulk Containers (IBCs), Mild Steel Drums, and HDPE drums with diverse capacities and specifications. |
Top brands - |
Raw materials needed High-density polyethylene (HDPE) and mild steel for drum manufacturing. |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue primarily from recurring industrial packaging product sales with cyclical raw material costs. |
Our industry position Leading Indian manufacturer in industrial polymer packaging with high automation and capacity scale. |
Financial highlights FY25 revenue of Rs 591.3 crore with net profit of Rs 26.67 crore; 17% CAGR over FY21-FY25. |
Geographical revenue split - |
Order book - |
Whats driving growth Capacity expansions, new plants commissioning, growing demand for industrial packaging, and sustainability initiatives like recycling and solar plants. |
Our future plans Commissioning recycling plant and expanding solar energy projects to reduce costs and boost sustainability. |
Our green promise Investments in recycling facility and solar power plants to reduce plastic waste and energy consumption. |
Our people and values 519 permanent employees focusing on innovation, efficiency, and compliance with robust corporate governance. |
Key challenges ahead Raw material price volatility and scaling new capacities efficiently. |
Interesting facts Operates nine manufacturing units with automated blow molding technology and has UN certifications for its IBC and MS Drums. |
Risks and strategy Mitigates risks via backward integration through recycling and energy cost reduction via solar power investments to maintain margins. |
