AGI Greenpac Limited , a leading packaging solutions provider, has reported robust financial results for the first quarter, showcasing strong growth across key metrics. The company has also announced a strategic entry into the aluminum can manufacturing sector, marking a significant expansion of its product portfolio.

Strong Q1 Performance

AGI Greenpac delivered impressive quarterly results, with total income rising 25% year-on-year to ₹721.00 crore, compared to ₹577.00 crore in the same quarter of the previous year. The company's net profit surged by 41% to ₹89.00 crore from ₹63.00 crore in the same period last year. EBITDA also saw a substantial increase of 20%, reaching ₹176.00 crore compared to ₹147.00 crore in the corresponding quarter.

Operational Highlights

The company reported operating at over 95% capacity utilization across its existing plants, indicating strong market demand. AGI Greenpac projects an 8-10% growth for the current fiscal year, reflecting its positive outlook.

Strategic Expansion into Aluminum Can Manufacturing

In a significant move, AGI Greenpac's Board has approved a strategic entry into the aluminum can manufacturing sector. The company plans to invest ₹1,000.00 crore in two phases for a new state-of-the-art manufacturing plant in Uttar Pradesh. The facility is expected to be operational by Q3 FY28, with an initial capacity of 950 million cans, expanding to 1.6 billion cans by FY30.

Glass Manufacturing Expansion

Alongside the aluminum can venture, AGI Greenpac announced a ₹700.00 crore expansion in its glass manufacturing capacity in Madhya Pradesh. This investment will add 500 tons of daily capacity, increasing the company's overall glass production by 25%.

Financial Position

As of June 30, 2025, AGI Greenpac's financial position was as follows:

The company demonstrated its commitment to financial prudence by prepaying ₹193.50 crore of term loans in July 2025.

Future Outlook

AGI Greenpac's management has set ambitious growth targets, aiming for sustained 15-20% growth from FY27 onwards. The company aspires to double its top line every 4 years, reflecting confidence in its expansion strategy and market potential.

AGI Greenpac's strategic investments in both glass and aluminum can manufacturing position the company to capitalize on the growing demand for diverse packaging solutions in India's rapidly evolving consumer market.

AGI Greenpac Limited , India's largest glass container manufacturer, has reported robust financial results for the first quarter, along with a significant strategic expansion into the aluminum beverage can market.

Q1 Financial Highlights

The company's consolidated financial results for the quarter show substantial growth across key metrics:

AGI Greenpac's revenue from operations increased to Rs 687.66 crore, up from Rs 566.33 crore in the same quarter last year, marking a 21.4% year-on-year growth.

Operational Performance

The company's strong financial performance can be attributed to several factors:

1. Improved operational efficiencies across key areas
2. Enhanced product mix, focusing on premium, higher-margin segments such as cosmetics, perfumery, and alcohol
3. Strengthened market position through proactive packaging solutions

Strategic Expansion: Entry into Aluminum Beverage Can Market

In a significant move to diversify its product portfolio, AGI Greenpac has announced its entry into the aluminum beverage can manufacturing segment. The company's board has approved a Rs 1,000 crore investment for this expansion, which will be implemented in two phases:

1. First phase: Rs 850 crore investment to establish a production capacity of 950 million cans annually by Q3 FY2028
2. Second phase: Expansion to reach a total capacity of 1.6 billion cans by March 2030

The new manufacturing facility will be located in Uttar Pradesh, catering to the domestic market's growing demand for aluminum beverage cans.

Management Commentary

Sandip Somany, Chairman and Managing Director of AGI Greenpac Limited, commented on the results and strategic developments: "Q1 has set a strong foundation for the year. We solidified our financial position and achieved significant efficiencies throughout our operations. As we progress, our focus remains sharp on executing with agility, strengthening our strategic relationships, and consistently delivering sustainable value to all our stakeholders."

Regarding the expansion into aluminum cans, Somany added, "We are strategically entering the aluminum cans segment with the clear goal of becoming a top player in this market within a decade, solidifying AGI Greenpac as a truly comprehensive packaging solutions provider. This new venture offers strong synergies with our existing glass packaging business. Both categories serve the alcohol and F&B industries, allowing for leveraging existing customer relationships, distribution networks, and supply chain efficiencies."

Other Developments

• The company received Rs 20.49 crore from an insurance claim related to production facility damage at its Hyderabad unit.
• AGI Greenpac has provided Rs 12.22 crore against a cross-subsidy surcharge demand from Telangana State Southern Power Distribution Company Limited for the period from April 2015 to June 2016.
• The 65th Annual General Meeting has been rescheduled to August 29, 2025, with the record date for dividend payment set as August 22, 2025.

As AGI Greenpac continues to strengthen its position in the packaging industry, the company's strategic expansion into aluminum beverage cans is expected to drive future growth and diversify its product offerings in the liquid packaging market.