What we do Xpro India Ltd manufactures specialized polymer products including dielectric BOPP films, coextruded plastic sheets, and thermoformed liners, serving appliance and capacitor industries. |
Founded in 1,997 |
Market share Leading Indian producer of dielectric films with over 30% domestic market share and dominant supplier of sheets/liners to the Indian refrigerator industry. |
Problem solved Provides high-performance polymer films and sheets that enable efficient capacitor performance and durable appliance components, reducing import dependence. |
Top clients or who we serve B2B primarily, serving Indian and global capacitor manufacturers, refrigerator OEMs, and specialty film consumers in electronics and automotive sectors. |
Key management Sidharth Birla (Chairman), C Bhaskar (Managing Director & CEO), Suhana Murshed (Independent Director), Nandini Khaitan (Independent Director). |
Our journey and innovations Founded in 1997, expanded capacity steadily, acquired and integrated capacitor film plants, developed indigenous dielectric film technology, and established UAE subsidiary to scale globally. |
Where we operate Operations mainly in India with plants in West Bengal, Maharashtra, Uttar Pradesh; international subsidiary in UAE; exports to USA, Germany, and neighboring countries. |
Top products or what we offer Dielectric/capacitor films, coextruded plastic sheets, thermoformed liners for refrigerators, cast coextruded films for medical and packaging applications. |
Top brands Xpro Dielectric Films - India’s leading premium dielectric BOPP films; Coex Sheets - dominant in refrigerator industry; Cast Films - specialized for industrial and medical use. |
Raw materials needed Polypropylene and other thermoplastic resins, specialty additives for dielectric properties and coextrusion. |
Raw materials supplier Sourced from domestic and international petrochemical and polymer suppliers. |
Recurring vs cyclical contribution Revenue driven by recurring industrial demand; some cyclical exposure due to appliance market fluctuations. |
Our industry position Market leader in domestic dielectric films and sheets with strong competitive advantage via technology and export capability. |
Financial highlights FY 2025 revenue INR 535 Cr (+15% YoY); PAT INR 44 Cr; EBITDA INR 53 Cr; strong net worth INR 617 Cr; negligible long-term debt. |
Geographical revenue split Major revenue from India (~100%); subsidiary in UAE under development with future export focus. |
Order book - |
Whats driving growth Growing capacitor and appliance markets, government policies promoting domestic manufacturing, organic capacity expansions, and rising demand in EV and renewable sectors. |
Our future plans Tripling dielectric film capacity by 2025-26 with new units in India and UAE, adding a fourth advanced line by 2026-27 aiming at global markets. |
Our green promise Committed to ESG practices with ISO environmental certifications, energy management, and safe manufacturing processes. |
Our people and values Strong leadership with experienced board, dedicated workforce across multiple locations, emphasis on governance, integrity, and inclusion. |
Key challenges ahead Supply chain delays, global geopolitical tensions, volatile raw material prices, and market competition. |
Interesting facts First and only Indian manufacturer of premium dielectric BOPP films; strategic expansions in Ras al Khaimah to enhance global footprint. |
Risks and strategy Mitigates risks through diversification, technology upgrades, and prudent capital management; focuses on organic growth and global market expansion. |