What we do Shish Industries Ltd manufactures innovative plastic corrugated and woven packaging products. It serves construction, logistics, insulation, and consumer sectors with sustainable, durable solutions. |
Founded in 2,012 |
Market share A leading manufacturer in plastic corrugated and woven packaging products with growing export presence in UAE, Myanmar, Oman, and USA. |
Problem solved Provides durable, lightweight, and sustainable packaging and insulation products that improve protection, storage, and energy efficiency for multiple industries. |
Top clients or who we serve Industrial packaging, construction, logistics, consumer goods sectors globally including key export markets in Middle East and USA (B2B and B2C). |
Key management - |
Our journey and innovations Established 2012; converted to public limited in 2017; pioneered patented 5-ply polypropylene sheets; expanded to international markets; continuous R&D and new product launches. |
Where we operate India (Gujarat) with export markets in UAE, Myanmar, Oman and subsidiaries in USA and other regions. |
Top products or what we offer Plastic corrugated sheets (Saffguard, Stagguard), PP/PE woven bags, thermal insulation products, packaging solutions including innovative polypropylene rolls. |
Top brands Saffguard, Stagguard - key plastic corrugated boards; Carmika - indigenous reflective insulation; Shishcart - packaging and lifestyle e-commerce platform. |
Raw materials needed Plastic resin (Polypropylene, Polyethylene) sourced from global suppliers. |
Raw materials supplier Global resin manufacturers (specific names not disclosed). |
Recurring vs cyclical contribution Revenue is largely recurring from packaging and insulation demand, with growth from new product development and exports. |
Our industry position Among leading innovators in plastic packaging and insulation products in India with expanding global footprint and patented technologies. |
Financial highlights FY 2024-25 standalone revenue INR 117.79 Cr (37.8% growth YoY), Net profit INR 10.95 Cr; consolidated revenue INR 116.25 Cr, net profit INR 8.74 Cr. |
Geographical revenue split Exports contribute significantly with 37.42% growth; main markets include UAE, Myanmar, Oman, and USA; domestic sales also grew 38.22%. |
Order book - |
Whats driving growth Strong export growth, product innovation, capacity expansion, increasing demand in packaging and insulation sectors globally. |
Our future plans Capacity enhancement, new product development, expanding subsidiaries, scaling e-commerce platform and sustainable packaging initiatives. |
Our green promise Committed to recycling programs, energy conservation, paperless policies, eco-friendly products, and supporting sustainable vendor practices. |
Our people and values 70 employees focused on innovation and quality; strong corporate governance and ethical workplace initiatives. |
Key challenges ahead Raw material price volatility, competitive markets, supply chain disruptions, and expanding global regulatory compliance. |
Interesting facts First in India to patent 5-ply polypropylene corrugated sheet; pioneer of indigenous reflective insulation product Carmika. |
Risks and strategy Mitigates raw material risks by strategic sourcing; leverages R&D for product innovation; focuses on diversified markets to reduce dependency. |
