UFLEX , a leading flexible packaging company, has reported a 6.5% year-over-year revenue growth to Rs 3,922.00 crores, driven by strong volume expansion across its business segments.

Volume Growth Across Segments

The company witnessed robust volume growth of 7.9% overall, with the packaging segment showing particularly strong performance:

• Packaging segment: 11.7% volume growth
• Packaging films: 6.8% volume growth
• Aseptic packaging: 18.0% volume increase
• Flexible packaging: 7.4% volume rise

Financial Performance

Despite the revenue growth, UFlex's EBITDA margin slightly decreased to 12.0% compared to 12.7% in the same quarter of the previous year. The company attributes this to various market dynamics and uncertainties in global trade.

Improved Industry Dynamics

UFlex benefited from a shift in industry dynamics following an unfortunate accident at a competitor's plant in May. This event reduced the local availability of BOPET and BOPP films, leading to better margins for UFlex. The company expects these improved conditions to be fully reflected in subsequent quarters.

Expansion Plans

UFlex is actively expanding its capacity with planned investments of Rs 2,000.00 crores. Key expansion projects include:

• Increasing aseptic packaging capacity from 7 to 12 billion packs
• Setting up a new plant in Egypt
• Expanding WPP bags production for the pet food industry
• Establishing a recycling facility in Noida

Global Market Challenges

The company faces challenges in some international markets:

• U.S. tariffs on Indian products affecting exports
• Increased imports from Southeast Asia and China impacting domestic prices

However, UFlex's diversified global presence allows it to navigate these challenges effectively.

Future Outlook

UFlex has provided guidance for the current fiscal year:

Rajesh Bhatia, Group President and CFO of UFlex, stated, "We are looking to consolidate this year, and then next year when all these investments are available for production, we could add a substantial amount of revenue as well as profitability to our business."

The company expects its new investments to potentially add Rs 3,000.00 crores in revenue and Rs 600.00 crores in EBITDA once fully operational.

UFlex remains committed to innovation and sustainability, developing new products like single pellet solutions with pre-mixed recycled content to help customers meet regulatory requirements.

As the flexible packaging industry continues to evolve, UFlex is positioning itself to capitalize on emerging opportunities while navigating global market challenges.

UFLEX , a prominent packaging company, has taken a significant step towards sustainable energy by forming a joint venture with AMPIN C&I Power Private Limited. The new entity, AMPIN C&I Power Twenty Private Limited, was incorporated on August 1, 2025, with the aim of establishing a solar power plant in Haryana.

Joint Venture Structure

The joint venture sees UFLEX holding a 26% stake, while AMPIN C&I Power Private Limited holds the majority 74% stake. This ownership structure is strategically designed to allow UFLEX to qualify as a captive user under the captive power plant policy, enabling the company to purchase solar power on a long-term basis from the newly formed entity.

Financial Details

According to the disclosure made to the stock exchanges, the newly incorporated company has an authorized share capital of Rs. 15.00 lakh and a subscribed share capital of Rs. 1.00 lakh. UFLEX's contribution to the initial share capital will be made at the face value of Rs. 10.00 per share through cash subscription.

Strategic Implications

This move aligns with UFLEX's commitment to sustainable practices and could potentially lead to significant cost savings in energy consumption for the company's operations in Haryana. By investing in renewable energy, UFLEX is not only addressing its power needs but also contributing to the reduction of its carbon footprint.

Regulatory Compliance

The joint venture formation has been disclosed in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. As per the regulatory filing, AMPIN C&I Power Twenty Private Limited will be classified as an associate of UFLEX Limited and will be considered a related party of the company and its subsidiaries.

Industry Context

This joint venture places UFLEX in the electric power generation sector, specifically using solar energy. It represents a diversification from UFLEX's core packaging business and demonstrates the company's adaptability to evolving energy needs and environmental considerations.

Future Outlook

While the immediate impact on UFLEX's financials may be limited, the long-term benefits of this joint venture could be substantial. As the solar power plant becomes operational, it is expected to provide UFLEX with a stable and potentially cost-effective source of clean energy for its manufacturing operations in Haryana.

This strategic move by UFLEX Limited showcases the company's proactive approach to energy management and sustainability, potentially setting a precedent for other manufacturing entities in India's corporate landscape.