Giants of the Indian packaging industry – I

Uflex
Since its inception in 1983, Uflex has gone from strength to strength to become the numero uno packaging firm in the country. Headquartered in Noida, it has the state-of-the-art manufacturing facilities in India and Dubai. It also has offices in UAE, Europe, North America and enjoys a formidable market presence in more than 85 countries.

Uflex has reported a consolidated sales turnover of Rs 1,474.03-crore and a net profit of Rs 52.66-crore for the quarter ended December 2013.

Bilcare
Bilcare, a packaging solutions provider for the pharmaceutical industry, are research oriented firms which has filed for over 167 patents worldwide and are at various stages of granting, 34 of which have already been granted.

Bilcare has manufacturing facilities in nine different locations with five dedicated R&D centres spread across in Europe, USA and Asia, and serve their customers in over 50 countries with wide range of products and services.

Bilcare has reported a consolidated sales turnover of Rs 777.53-crore and a net loss of Rs 66.48-crore for the quarter ended December 2013.

Polyplex Corporation
Polyplex Corporation is among the world's largest manufacturers of thin PET/Bottle Grade Pet Resin film. Their global presence is in 78 countries across Europe, Americas, the Indian sub-continent, Far East, Asia Pacific and the Middle East, catering to 1300+ customers.

They run integrated manufacturing operations from India, Thailand, Turkey and U.S.A. with distribution operations in U.S.A., China, Turkey and Netherlands.

Polyplex Corporation reported a consolidated sales turnover of Rs 815.96-crore and a net loss of Rs 25.66-crore for the quarter ended December 2013.

Jindal Poly Films
Jindal Poly Films, is part of Rs 30 billion, Jindal Group. From being only a polyester yarn producer in 1985, JPFL diversified in 1996 into BOPET film production. In 2003, JPFL commenced production of BOPP film and metallised film. It further consolidated with the acquisition of France-based Rexor, which produces metallised and coated films as well as tear tape, stamping foil, security thread and other high-value products.

Jindal Poly Films plant at Nasik is the world’s largest single location plant for the manufacture of BOPET and BOPP films.

Jindal Poly Films’s quarter ending December 2013 numbers are set to be released shortly.

Hindusthan National Glass and Industries
Hindusthan National Glass started operations in 1946 following the commissioning of India’s first fully automated glass manufacturing plant at Rishra (near Kolkata). At present, it is the key player in India’s container glass industry with a pan India presence and its plants located at Rishra, Bahadurgarh, Rishikesh, Neemrana, Nashik and Puducherry.

Apart from being the undisputed leaders in glass container solution provider in India, HNG also carters to customers in 23 different countries.

Hindusthan National Glass and Industries have reported a standalone sales turnover of Rs 421.01-crore and a net loss of Rs 84.04-crore for the quarter ended December 2013.

Essel Propack
Essel Propack is a part of the Essel Group. Essel Propack functions through 24 state-of-the-art facilities in twelve countries, selling more than five billion tubes. With a market share of 33% in the laminated tubes domain, Essel Propack is the world’s largest manufacturer with units operating across countries such as USA, Mexico, Colombia, United Kingdom, Poland, Germany, Egypt, Russia, China, Philippines, Indonesia and India.

Essel Propack has reported a consolidated sales turnover of Rs 536.77 crore and a net profit of Rs 28.31 crore for the quarter ended Dec '13. Other income for the quarter was Rs 5.15 crore.

Piramal Glass
Piramal Glass (formerly known as Gujarat Glass) is a glass packaging company providing packaging for Pharmaceutical and Perfume Industry. Prior to acquisition in 1984 by the Piramal Group, the company located its manufacturing plant in Kosamba, Gujarat. Piramal Glass offers solutions like full bottle design capabilities, in-house mould design, CNC machines for mould manufacturing, glass manufacturing and dedicated ancillaries for decoration and accessories like caps, cartons and brushes.

Piramal Glass has its manufacturing facilities in India (Kosamba and Jambusar), Sri Lanka and USA.

Piramal Glass has reported a consolidated sales turnover of Rs 445.66-crore and a net profit of Rs 12.12-crore for the quarter ended December 2013.

Cosmo Films
Cosmo Films, manufacturer and supplier of packaging, label, specialty films and print lamination has a customer base which is spread across more than 100 countries in six continents. The company started their first production facility in 1981 at Aurangabad and has gradually expanded to become one of the leaders in BOPP films manufacturing. It acquired Gujarat Propack and 2002 and set up a manufacturing plant in South Korea in 2011.

Cosmo Films has reported a consolidated sales turnover of Rs 389.77-crore and a net loss of Rs 2.79-crore for the quarter ended December 2013.

Oricon Enterprises
Oricon Enterprises formerly known as Oriental Containers, entered into a joint venture with Navigate Mauritius – a private equity investor, for its packaging division in September 2006. Apart from packaging, Oricon Enterprises, the flagship company of Parijat Enterprises also has business interests in real estate, marine logistics, petrochemicals and automobile dealership. They manufacture metal and plastic closures with their manufacturing facilities in Murbad and Goa.

Oricon Enterprises has reported a consolidated sales turnover of Rs 225.31-crore and a net profit of Rs 2.22-crore for the quarter ended December 2013.

Flexituff International
Flexituff International with its 5000 strong workforce and fully integrated plants are manufacturers of flexible intermediate bulk container (FIBC). Flexituff manufactures a wide range of FIBCs in the world thanks to their in-house design and development team. Over 90% of their revenues are generated from global sales.

Flexituff International has reported a consolidated sales turnover of Rs 263.87-crore and a net profit of Rs 1.07-crore for the quarter ended December 2013.

Paper Products
Paper Products offers a wide portfolio of packaging solutions that include flexible packaging, labelling technologies and specialised cartons. And all this supported by the packaging machine division to provide the customer with total packaging solutions. With three fully integrated manufacturing facilities at Thane, Silvassa and Hyderabad.

In 1999, Paper Products became a member of the Huhtamaki Packaging Worldwide, a global leader in consumer packaging.

Paper Products has reported a standalone sales turnover of Rs 260.66-crore and a net profit of Rs 15.92-crore for the quarter ended December 2013.