Kanpur Plastipack Limited , a leading manufacturer of industrial packaging solutions, has reported a robust financial performance for the second quarter of fiscal year 2026, with a significant surge in net profit.

Financial Highlights

The company's Q2FY26 results showcase impressive growth across key financial metrics:

For the first half of FY26, the company reported:

• Revenue growth of 20% year-on-year to ₹34,834.00 lacs
• Net profit surge of over 47 times to ₹1,447.00 lacs

Operational Performance

Kanpur Plastipack's strong performance is underpinned by its diverse product portfolio and global presence:

• Export markets contribute 70% of revenue across 60+ countries
• Product range includes FIBCs, multifilament yarn, UV masterbatches, and fabrics
• Manufacturing operations based across four units in Kanpur, Uttar Pradesh
• Nearly 50% of energy needs met through solar power

Strategic Developments

The company has announced several strategic initiatives to drive future growth:

1. Acquisition: Kanpur Plastipack acquired UK-based Valex Ventures Limited for ₹8.02 crore, strengthening its presence in the European market.

2. Joint Venture: A 50:50 joint venture with Italy's Essegomma S.p.A. for Taslan yarn technology, expanding into high-performance textile segments.

3. Capex Program: Announced a ₹105.26 crore capex program focused on:

   • Capacity expansion in the FIBC division
   • Automation and modernization of facilities
   • Diversification into non-woven products

Sustainability Initiatives

Kanpur Plastipack continues to prioritize sustainability in its operations:

• Commitment to zero liquid discharge
• Implementation of rainwater harvesting systems
• EPR-compliant operations
• Focus on fully recyclable product designs

Future Outlook

With its strategic investments and focus on sustainable growth, Kanpur Plastipack is well-positioned to capitalize on the growing demand for industrial packaging solutions globally. The company's diversification into non-woven products and expansion of its FIBC capacity are expected to drive future revenue growth and profitability.

As the company continues to leverage its integrated manufacturing capabilities and expand its global footprint, it aims to strengthen its position as a leading player in the industrial packaging sector.

Kanpur Plastipack Limited , a leading manufacturer of flexible packaging solutions, has announced a series of strategic initiatives aimed at enhancing its production capacity and diversifying its product portfolio. The company's board approved these measures at a meeting held on November 10, 2025.

Capacity Enhancement and Infrastructure Modernization

Kanpur Plastipack plans to invest Rs 47.22 crore in capacity enhancement projects, which include:

1. A new FIBC (Flexible Intermediate Bulk Containers) division building at Unit 3 on Gajner Road, targeting an additional capacity of 6,000 MT over the next five years.
2. Implementation of a modern roll management system to improve inventory management and operational efficiency.
3. Construction of a new warehouse for the Trading Division, relocating it from a rented premise to improve logistics and operational efficiency.

Diversification into Non-Woven Fabrics

In a significant move towards product diversification, Kanpur Plastipack has approved an investment of Rs 58.04 crore to set up a greenfield manufacturing facility for non-woven fabrics using needle-punching technology. This initiative marks the company's entry into a new segment with applications in:

• Automotive interiors
• Artificial leathers
• Shoe insoles
• Exhibition carpets

New Director Appointment

The board has appointed Mr. Basant Seth as an Additional Independent Director. Mr. Seth, a qualified Chartered Accountant, brings over four decades of experience in banking and finance to the company. His appointment is subject to shareholder approval for a consecutive period of five years.

Employee Stock Option Scheme

Kanpur Plastipack has introduced its maiden Employee Stock Option Scheme-2025, covering 5,00,000 options convertible into equity shares of Rs 10 face value each. This move aims to align employee interests with the company's long-term growth objectives.

Joint Venture with Essegomma S.p.A.

The board has granted in-principle approval for a 50:50 joint venture with Italy's Essegomma S.p.A. The proposed joint venture company in India will focus on sales, marketing, and distribution of high-performance polypropylene yarn. This collaboration aims to enhance Kanpur Plastipack's technological capabilities and open new opportunities in global technical and luxury textile markets.

Financial Performance

For the quarter ended September 30, 2025, Kanpur Plastipack reported:

The company's performance shows significant improvement compared to the same quarter in the previous year, with a notable increase in both revenue and profitability.

These strategic initiatives and financial results indicate Kanpur Plastipack's commitment to growth, diversification, and enhancing shareholder value in the flexible packaging industry.