Kanpur Plastipack Announces September 1 Record Date for Dividend Eligibility

1 min read     Updated on 19 Aug 2025, 06:15 PM
scanx
Reviewed by
Radhika SahaniBy ScanX News Team
whatsapptwittershare
Overview

Kanpur Plastipack Limited has announced September 1, 2025, as the record date for determining shareholder eligibility for the FY 2024-25 dividend. The book closure period is set for September 2-8, 2025, with the dividend payment date scheduled for September 16, 2025, subject to declaration at the AGM. Shareholders with valid transfers received by September 1, 2025, and beneficial owners of dematerialized shares listed with NSDL and CDSL at close of business on the record date will be eligible. The company also held an Earnings Conference Call on August 19, 2025, for Q1 FY 2025-26 results.

17153119

*this image is generated using AI for illustrative purposes only.

Kanpur Plastipack Limited, a manufacturer and exporter of flexible intermediate bulk containers (FIBC), PP multifilament yarn, UV master batches, fabrics, and CPP films, has set September 1, 2025, as the record date for determining shareholder eligibility for dividend payment for the financial year 2024-25.

Key Details

  • Record Date: September 1, 2025
  • Book Closure: September 2-8, 2025 (both days inclusive)
  • Dividend Payment Date: September 16, 2025 (subject to declaration at AGM)

Eligibility Criteria

  • Shareholders with valid share transfers received on or before September 1, 2025, will be registered for dividend eligibility.
  • For dematerialized shares, beneficial owners listed with NSDL and CDSL at the close of business on September 1, 2025, will be entitled to dividend payment.

Additional Information

The company has also disclosed that an Earnings Conference Call for the Standalone and Consolidated Unaudited Financial Results for the quarter ended June 30, 2025, was held on August 19, 2025. The audio recording of this call is available on the company's website.

Kanpur Plastipack Limited continues to maintain transparency in its communications with shareholders and regulatory bodies. The upcoming Annual General Meeting will determine the final declaration of the dividend for the financial year 2024-25.

Investors and shareholders are advised to take note of these important dates to ensure their eligibility for the potential dividend payout.

Historical Stock Returns for Kanpur Plastipack

1 Day5 Days1 Month6 Months1 Year5 Years
+0.81%-1.41%-1.53%+71.76%+82.01%+153.51%
Kanpur Plastipack
View in Depthredirect
like18
dislike

Kanpur Plastipack Reports Robust Q1 Performance with 34% Revenue Growth and Strategic UK Acquisition

2 min read     Updated on 16 Aug 2025, 05:28 PM
scanx
Reviewed by
Riya DeyBy ScanX News Team
whatsapptwittershare
Overview

Kanpur Plastipack Limited, a manufacturer of FIBCs and industrial packaging solutions, reported impressive Q1 results. Total income increased by 34% to ₹18,223.90 lakh, EBITDA grew 119% to ₹1,554.00 lakh, and the company turned profitable with a net profit of ₹572.60 lakh. The FIBC segment contributed 48.75% of revenue, with exports accounting for 70%. Strategic developments include acquiring a 76.19% stake in UK-based Valex Ventures Ltd., credit rating upgrade, and raising ₹13.15 crore via preferential issue. The company is focusing on operational efficiency and expanding market opportunities.

16891142

*this image is generated using AI for illustrative purposes only.

Kanpur Plastipack Limited , a leading manufacturer and exporter of Flexible Intermediate Bulk Containers (FIBCs) and other industrial packaging solutions, has reported a strong performance for the first quarter, demonstrating significant growth and strategic expansion.

Financial Highlights

The company's Q1 results showcase impressive year-on-year growth:

Metric Q1 (₹ in lakh) Q1 PY (₹ in lakh) YoY Growth
Total Income 18,223.90 13,628.05 34.00%
EBITDA 1,554.00 709.00 119.00%
Net Profit 572.60 (116.64) Turned Profitable
EPS (₹) 2.49 (0.54) Turned Positive

The company's total income from operations surged to ₹18,223.90 lakh, marking a 34.00% increase from the previous year. EBITDA saw a remarkable 119.00% growth, reaching ₹1,554.00 lakh, with margins expanding to 8.53%. Kanpur Plastipack turned profitable with a net profit of ₹572.60 lakh, compared to a loss in the same quarter last year.

Operational Highlights

  • The FIBC segment contributed 48.75% of the company's revenue.
  • Exports account for approximately 70% of total revenue, serving over 60 countries.
  • The company operates four integrated manufacturing units and meets nearly 50% of its energy needs through solar power.

Strategic Developments

Kanpur Plastipack has made significant strides in strengthening its market position and financial stability:

  1. UK Acquisition: The company acquired a 76.19% stake in UK-based Valex Ventures Ltd. for ₹8.02 crore, aimed at strengthening its presence in developed markets and gaining direct access to premium food-grade & UN-certified FIBC customers in the UK.

  2. Credit Rating Upgrade: The company's credit rating was upgraded to CRISIL BBB+/Stable for long-term facilities and CRISIL A2 for short-term facilities, reflecting a strong financial risk profile.

  3. Capital Raise: Kanpur Plastipack raised ₹13.15 crore via a preferential issue of 10,12,000 warrants to reduce debt and strengthen its balance sheet.

  4. Operational Efficiency: The company engaged Grant Thornton for Risk Audit & Advisory to enhance operational efficiency, plug revenue leakages, and drive process automation.

  5. Market Opportunities: The company is set to benefit from the UK–India Free Trade Agreement (UKFTA), opening new opportunities in technical textile and food-grade packaging exports.

Management Commentary

Mr. Manoj Agarwal, Chairman & Managing Director of Kanpur Plastipack Ltd, commented on the results: "We have commenced on a robust note, backed by a strong order book and healthy demand across our core FIBC and woven packaging segments. Our export-led model continues to gain strength, with repeat orders contributing significantly to volumes."

He further added, "With continued investments in value-added products, renewable energy adoption, and strategic market expansions, we are well-positioned to deliver consistent, profitable, and sustainable growth in the quarters ahead."

The company's focus on high-margin products, operational efficiency improvements, and its aim to achieve net debt-free status within a year underscore its commitment to sustainable growth and financial stability.

Kanpur Plastipack's strong Q1 performance, coupled with strategic initiatives and market expansions, positions the company for continued growth in the industrial packaging sector, both domestically and internationally.

Historical Stock Returns for Kanpur Plastipack

1 Day5 Days1 Month6 Months1 Year5 Years
+0.81%-1.41%-1.53%+71.76%+82.01%+153.51%
Kanpur Plastipack
View in Depthredirect
like19
dislike
More News on Kanpur Plastipack
Explore Other Articles
212.95
+1.72
(+0.81%)