17 nov 2014   mihir joshi      comment nowmihir joshi looks at the biggest public limited packaging firms in india and finds the latest trends that emerge from financial figures of the top 21 packaging firms.bilcarebilcare, a packaging solutions provider for the pharmaceutical industry, is a research oriented firm 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 reported consolidated sales turnover of rs 737.96crore and a net loss of rs 19.33crore for the quarter ended march 2014. bilcare share has given 58.44 returns over the last six months and 11.21 over the last 12 months.polyplex corporationpolyplex corporation is among the world&39s largest manufacturers of thin pet bottle grade pet resin film. their global presence is in 78 countries across europe, americas, indian subcontinent, 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 has reported 58 yearonyear growth in consolidated net profit at rs 62.26crore for the first quarter ended june 2014.the company&rsquos net profit was rs 39.31crore in the corresponding quarter of previous fiscal year. net sales too, grew 56, and stood at rs 666crore.jindal poly filmsjindal 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 francebased rexor, which produces metallised and coated films as well as tear tape, stamping foil, security thread and other highvalue products.jindal poly films&39 plant at nasik is the world&rsquos largest single location plant for the manufacturing of bopet and bopp films.jindal poly films reported a 10 times increase in its quarter one profits of fiscal year 2015. their net profit was at rs 39crore compared to rs 3.8crore in the same quarter of the last fiscal year. the company&rsquos net sales increased to rs 666.7crore against rs 650.2crore.hindusthan national glass and industrieshindusthan national glass started operations in 1946 following the commissioning of india&rsquos first fully automated glass manufacturing plant at rishra near kolkata. at present, it is the key player in india&rsquos 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 net loss of rs 63.19crore for the quarter ended march 2014. sales declined 4.21 to rs 476.06crore in the quarter ended march 2014 as against rs 496.96crore during the quarter ended march 2013essel propackessel propack is a part of the essel group. essel propack functions through 24 stateoftheart facilities in 12 countries, selling more than five billion tubes. with a market share of 33 in the laminated tubes domain, essel propack is the world&rsquos 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 reported a 34.05 increase in its consolidated net profit at rs 38.46crore for the second quarter ended september 2014. the company had posted a consolidated net profit of rs 28.69crore in the corresponding period last year.total consolidated income from operations during julyseptember quarter also increased by 13.13 to rs 595.15crore from rs 526.07crore. for the first half of 201415 fiscal, the company&39s consolidated net profit has raised by 24.24 to rs 64.83crore as against rs 52.18crore in the corresponding period.piramal glasspiramal 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, inhouse 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 net loss of rs 6.80crore for the quarter ended march 2014 as against net loss of rs 3.40crore during the quarter ended march 2013. sales figures rose by 4.81 to rs 276.96crore in the quarter ended march 2014 as against rs 264.26crore during the quarter ended march 2013.cosmo filmscosmo 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 total income from operations of rs 450.66crore and a net profit of rs 4.44crore for the quarter ended september 2014.cosmo films share has given returns of 122.59 over the last six months and 130.93 over the last 12 months.flexituff internationalflexituff 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 inhouse design and development team. over 90 of their revenues are generated from global sales.flexituff international has reported a consolidated total income from operations of rs 290.50crore and a net profit of rs 1.01crore for the quarter ended september 2014. flexituff and has given 7.36 returns over the last six months and 0.52 over the last 12 months.huhtamaki paper productspaper 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.huhtamaki paper products has reported a consolidated total income from operations of rs 314.35crore and a net profit of rs 13.22crore for the quarter ended september 2014.garware polyestergarware polyester founded in 1957, developed inhouse technology for polyester films in india and built its first stateoftheart plant to manufacture polyester films 1976 in aurangabad, maharashtra. garware polyester has four manufacturing plants for polyester film and manufactures film of thickness ranging from 10micron to 350micron. the company possesses patented technology for dyed polyester film in india and usa.garware polyester net profit declined 76.46 to rs 5.52crore in the quarter ended march 2014 as against rs 23.45crore during quarter ended march 2013. sales also declined by 7.96 to rs 187.10crore in the quarter ended march 2014 as against rs 203.29crore in march 2013.tinplatetinplate company of india is the largest indigenous producer of tin coated and tin free steel sheets in india. the company exports about 2025 of its production directly to endusers canmakers and its products are well accepted in the markets of south east asia, middle east and some developed countries in europe. headquartered in kolkata, the company&rsquos manufacturing plant is located at jamshedpur, jharkhand. there are presently 11 offices in india and a distribution network with 16 stocking points.tinplate company of india has reported a standalone total income from operations of rs 252.13crore and a net profit of rs 14.66crore for the quarter ended september 2014. other income for the quarter was rs 1.96crore.ester industriesester industries, established in 1985, is a leading manufacturer and supplier of polyester films and engineering plastic compounds. ester&rsquos corporate headquarter is located in gurgaon, haryana while ester&rsquos manufacturing facility is located at khatima, in the state of uttarakhand.net profit of ester industries declined 82.60 to rs 0.91crore in the quarter ended september 2014 as against rs 5.23crore during the previous quarter ended september 2013. sales declined 4.14 to rs 239.02crore in the quarter ended september 2014 as against rs 249.34crore during the previous quarter ended september 2013.ess dee aluminiumess dee aluminium consists of the parent company, division india foils and its 100 subsidiary, flex art foils. ess dee was the first company in india to manufacture dedicated highend pharmaceutical packaging products like cold form blister and childresistantblister packaging. in december 2011, ess dee opened a whollyowned subsidiary in singapore.ess dee aluminium has reported a consolidated total income from operations of rs 225.12crore and a net profit of rs 14.10crore for the quarter ended september 2014.karur kcp packkagingsstarted in 1961 by kc palanisamy, karur kcp packkagings has, over the last 40 years, grown into multidimensional and multiproduct group. the tamil nadubased company supplies packaging material to major indian cement industries and also exports its products to usa, europe and saarc countries.karur kcp packkagings experienced a steep drop in standalone net profit for the quarter ended september 2014.  during the quarter, the profit of the company declined 33.33 to rs 86 lakh from rs 1.29crore in the same quarter last year.net sales for the quarter rose 14.24 to rs 144.48crore, compared with rs 126.5crore for the prior year period.everest kanto cylinderestablished in 1978, everest kanto cylinder has become one of the pioneers in the development and production of industrial and cng cylinders with well over 1.5 million high pressure gas cylinders and 6,00,000 cng cylinders in service and three manufacturing plants in aurangabad, tarapur and gandhidham in india and one each in china, usa, germany and middle east dubai.everest kanto cylinder has reported a consolidated total income from operations of rs 100.66crore and a net loss of rs 29.62crore for the quarter ended june 2014.neo corp internationalneo corp international, since its inception in 1986, is dedicated in making tailor designed products under packtech. ncil reached the status of a forerunner internationally as a reliable supplier of packtech products. neo corp also has a star export house status recognised by the government of india in view of the company&39s excellent export performance. it has global presence which pans across five continents and 19 countries.neo corp international has reported a consolidated sales turnover of rs 369.01crore and a net profit of rs 3.14crore for the quarter ended march 2014.hitech plasthitech plast is a leading rigid plastic packaging manufacturer &ndash a business to business company. they are engaged in the manufacture and sale of innovative polymer products to industries like paint, personal care, agro chemicals, health care, confectionary, lube and retail household products. the mumbaibased company has 13 manufacturing plants across the country with a research and development centre in pune.hitech plast has reported a consolidated total income from operations of rs 136.92crore and a net profit of rs 2.47crore for the quarter ended september 2014.manjushree technopackfounded in 1977, manjushree technopack started as a small umbrella manufacturing unit in guwahati, assam and thereafter in 1984 forayed into manufacturing of flexible plastic packaging. after raising funds for its pet bottle manufacturing unit in bengaluru, through an ipo in 1995. today, it is the largest converter of pet and preforms in india with an installed capacity of 30,000 mtpa and caters to the packaging needs of a large section of the fmcg fraternity. besides pet, manjushree also manufactures oxygen barrier retortable multilayer and stretch blow moulded bottles both of which were brought into india for the first time by manjushree.manjushree technopack&rsquos net profit declined 34.09 to rs 1.72crore on 25.78 growth in net sales to rs 104.77crore in the second quarter ended september 2014 over the corresponding figures from september 2013.tcpl packagingtcpl packaging, formerly known as twentyfirst century printers is one of india&39s largest manufacturers of printed folding cartons. tcpl packaging operates out of its six manufacturing units three in silvassa two in haridwar and one in goa.tcpl is one of the largest exporters of printed cartons from india. it regularly caters to consumers in countries like uk, netherlands, uae, bangladesh etc. exports constitute about 22 of tcpl&39s annual revenues.tcpl packaging has reported standalone total income of rs 124.07crore and a net profit of rs 8.22crore for the quarter ended september 2014. other income for the quarter was rs 1.46crore.tcpl share has given returns of 358.19 over the last six months and 540.82 over the last year.source httpwww.printweek.innews391698,packagingfirmsinnumbers.aspxutmsourcefeed&am…
