Kanpur: Kanpur Plastipack Ltd., a legacy industrial packaging brand with over five decades of manufacturing excellence, has reported a dramatic turnaround in profitability for the quarter and half-year ended September 30, 2025. The company’s unaudited financial results reflect robust operational momentum, strategic international expansion, and disciplined cost management.
Standalone Financial Highlights – Q2 FY26:
- Total income rose 8% YoY to ₹16,610 lakh.
- EBITDA surged 44% YoY to ₹1,633 lakh.
- Profit Before Tax jumped 341% YoY to ₹1,006 lakh.
- Net Profit soared 424% YoY to ₹756 lakh.
- EPS improved to ₹3.25, up from ₹0.67 in Q2 FY25.
Standalone Financial Highlights – H1 FY26:
- Total income reached ₹34,834 lakh, up 20% YoY.
- EBITDA rose 73% to ₹3,187 lakh.
- Profit Before Tax climbed over 26x YoY to ₹1,936 lakh.
- Net Profit skyrocketed over 52x YoY to ₹1,447 lakh.
- EPS stood at ₹6.26, compared to ₹0.13 in H1 FY25.
Export Performance:
- Export volume for Q2FY26 stood at 6,605 MT, valued at ₹11,913 lakh.
- Europe led the geographical mix with 51%, followed by South America (27%), North America (17%), Asia (3%), and Africa/Australia (1%).
Strategic Developments:
- Acquired a 76.19% stake in UK-based Valex Ventures Ltd., strengthening its European footprint.
- Announced a 50:50 Joint Venture with Italy’s Essegomma S.p.A. to introduce Taslan yarn technology to India, marking its entry into high-margin technical and luxury textile segments.
- Approved a ₹105.26 crore capex plan for capacity expansion, process modernization, and diversification into non-woven fabrics, with ₹70.26 crore funded via internal accruals and ₹35 crore through term loans.
- CRISIL reaffirmed BBB+/Stable for long-term facilities and A2 for short-term facilities, reflecting financial stability and sound debt metrics.
Commenting on the results, Chairman & Managing Director Manoj Agarwal stated, “H1 FY26 marks a strong comeback for Kanpur Plastipack, with revenue rising 20% year-on-year and profit after tax surging over 52 times to ₹1,447 lakh — one of the best half-yearly performances in our journey. This reflects our strategic focus on operational efficiency, value-added FIBCs, and disciplined cost management.”
He added, “Our export-led model continues to deliver solid results, with robust demand from key markets across Europe and the Americas. The acquisition of Valex Ventures and our JV with Essegomma S.p.A. bring advanced technology and global reach, positioning us for sustainable growth in high-value textile applications.”
With a sharper product mix, expanding global partnerships, and a strong balance sheet, Kanpur Plastipack is poised for its next phase of growth, innovation, and international collaboration.
