Tipsheet
What matters at India’s listed companies
Notes / Sector

Packaging

43 recent notes from companies in this sector. 13 companies tracked.

Anchor companies · by market cap
Recent activity
Thu · 02 Jul
9
Packaging

3B Films to raise ₹100 cr via rights issue — 2.3x its market cap

The board approved a ₹100 crore rights issue, more than double the company's market capitalisation of ₹43 crore, along with a hike in authorised capital to ₹125 crore.

3BFILMS Micro cap 6:37 PM
Wed · 01 Jul
6
Concalls · Packaging

Matrix Geo Solutions targets 60-65% revenue growth in FY27 after 81.5% jump

FY26 revenue hit ₹40.1 crore with EBITDA margins above 33%; ₹65 crore FY27 guidance backed by ₹18 crore confirmed orders and ₹32 crore pipeline. Working capital remains a strain with ₹38 crore receivables.

MGSL Micro cap 5:51 PM
5
Packaging

Arrow Greentech gets Indian patent for color shift film

The patent protects proprietary technology but the company has not disclosed any revenue potential. For a micro-cap with declining sales, IP is incremental.

ARROWGREEN Micro cap 3:18 PM
Tue · 30 Jun
5
M&A · Packaging

Promoter group entity lifts TCPL Packaging stake by 0.41%

Narmada Fintrade buys 36,900 shares in open market and inter-se transfers, raising voting rights to 21.40%.

TCPLPACK Small cap 4:33 PM
Mon · 29 Jun
6
Packaging

3B Films board to mull fundraising; any quantum could be big

The board will meet on July 2 to consider equity, warrants, or convertibles. No size or price yet, but for a ₹41 cr company with net loss and high debt, even a small raise matters.

3BFILMS Micro cap 5:10 PM
Tue · 16 Jun
6
Concalls · Packaging

Ecoline Exim aims for backpacks to deliver 50% revenue in two years

The ₹286-crore packaging firm is pivoting to polyester backpacks, targeting 25-30% of FY27 revenue and half within two years, citing demographic tailwinds and anti-dumping duties on Chinese imports.

ECOLINE Micro cap 5:57 PM
Fri · 12 Jun
8
Packaging

3B Films promoters sell 3.73% in single day; no reason given

Three insiders sold 9,24,000 shares on June 11 amid a nano-cap firm already struggling with debt and losses.

3BFILMS Micro cap 5:24 PM
Wed · 10 Jun
8
Credit · Paper Products

Pakka's bank debt is downgraded to junk as CARE stops getting answers.

A two-notch downgrade on ₹618 crore of loans leaves the nano-cap in the 'Issuer Not Cooperating' category. The rating agency couldn't verify the company's finances.

PAKKA Micro cap 4:03 AM
Tue · 09 Jun
7
Order Wins · Plastic Products

Supreme Court tosses out Jindal Poly oppression petition, sends fight to arbitration

The court overturned two lower tribunals' orders that had admitted a minority shareholder case. The dispute now moves to a sole arbitrator.

JINDALPOLY Small cap 12:20 PM
8
Credit · Paper Products

Pakka's promoter pledged 28% of the company to secure a ₹540 cr NCD.

The largest single pledge in Pakka's history secures a high-coupon debt issue for a nano-cap with a ₹360 cr market cap. It's bigger than the promoter's likely entire holding.

PAKKA Micro cap 10:48 AM
Mon · 08 Jun
5
Earnings · Packaging

TCPL's Q4 transcript is pure paperwork. The market already knew.

The call restates margin pressure from raw materials, export disruptions, and the ₹100 cr capex plan. No new numbers or guidance.

TCPLPACK Small cap 5:52 PM
6
Earnings · Packaging

Uflex posts best margin in 14 quarters after Q4 EBITDA surges 32%

A broad-based recovery in packaging and films drove Q4 EBITDA to ₹6,265 million, pushing margins to 15.3%. Full-year revenue growth remained flat at 2.1%.

UFLEX Small cap 5:10 PM
Sat · 06 Jun
7
Order Wins · Engineering - Industrial Equipments

Hindustan Tin Works escapes ₹6.47 cr GST hit from Haryana authorities.

The state's GST department dropped all proceedings for FY 21 after a May show-cause notice. The amount was 5.8% of the company's market cap.

HINDTINWRK Micro cap 11:28 AM
Thu · 04 Jun
7
Credit · Plastic Products

Bilcare forfeits ₹1.575 cr rather than put more cash into Caprihans

The packaging firm is writing off its upfront subscription payment for subsidiary warrants instead of funding a conversion it can't afford.

BI Micro cap 9:38 PM
6
Plastic Products

Gujarat Craft's CFO of seven years quits immediately. No replacement named.

Jhanvi Jansari resigned to explore a different industry. The nano-cap has no interim finance chief.

GUJCRAFT Micro cap 6:28 PM
Wed · 03 Jun
6
Concalls · Packaging

TCPL can't predict margins. Paper keeps rising, and shipping is stuck.

Management skipped guidance for FY27, blaming drip-by-drip paper inflation and Middle East disruptions. Domestic volumes beat market trends, but exports tanked.

TCPLPACK Small cap 4:52 PM
7
Plastic Products

Shree Rama Multi-Tech starts new machine as Gujarat plant runs at 90%

The micro-cap added 4.5 million tubes a month with ₹10 crore from its own cash, lifting capacity to 77 million.

SHREERAMA Micro cap 4:40 PM
Tue · 02 Jun
8
M&A · Packaging

3B Films cancels the ₹26 cr deal that would have doubled its size

The board has reversed its decision to buy 3B Flexipacks via a share swap and also dropped a plan to convert ₹13.42 cr in loans to equity.

3BFILMS Micro cap 6:20 PM
Sat · 30 May
6
Packaging

3B Films buys promoter-linked firm in share swap, converts ₹13.42 cr debt to equity

The nano-cap is consolidating group assets and cleaning up the balance sheet ahead of a UAE subsidiary launch.

3BFILMS Micro cap 11:29 PM
5
Earnings · Packaging

Anuroop Packaging's profit fell 72% as revenue slipped 21%

Full-year net profit dropped to ₹17.74 lakh from ₹62.40 lakh, a steep margin hit for the nano-cap packaging firm.

ANUROOP Micro cap 8:58 PM
6
Earnings · Packaging

Gabriel Pet Straps revenue explodes 475% after pharma acquisition

Standalone revenue surged to ₹177 crore in FY26. A new subsidiary bought 95% of Drug Centre's business in March, but its full impact is yet to be felt.

GPSL Micro cap 8:41 PM
6
Earnings · Paper Products

B&B Triplewall swings to ₹23 cr profit after a loss year

The packaging company's revenue grew 26% and it turned ₹4.3 cr of red ink into black. The quarterly trend is equally sharp.

BBTCL Micro cap 6:12 PM
Fri · 29 May
5
Earnings · Plastic Products

Duropack's profit fell 23% even as revenue climbed 21%

Standalone revenue grew to ₹39.86 crore in FY26, but net profit shrank to ₹1.85 crore as cost pressures mounted.

DUROPACK Micro cap 8:51 PM
6
Concalls · Packaging

Glen cuts paper cup capacity guidance by 90%, targets ₹500 cr revenue by FY28

The nano-cap slashed its capacity projection to 750 MT from 7,696 MT but set a target to more than double revenue to ₹500 crore by FY28.

GLEN Micro cap 8:27 PM
Wed · 27 May
6
Earnings · Plastic Products

Polyplex targets $14M EBITDA for Q1 as it integrates TechNova

Polyplex expects Q1 FY27 EBITDA to hold steady at $14M, supported by a U.S. ramp-up and the recent 51% acquisition of TechNova Printrite.

POLYPLEX Small cap 6:12 PM
6
M&A · Plastic Products

EPL's Indovida merger clears the competition regulator.

The CCI's no-objection removes a key condition precedent for the absorption deal announced in March. The scheme still needs other clearances to become effective.

EPL Mid cap 5:46 PM
6
Earnings · Plastic Products

Emmbi posts record ₹532.4 cr revenue as exports surge 28%

Export sales drove a record year. Full-year profit climbed 27% and Q4 profit jumped 65%.

EMMBI Micro cap 4:40 PM
6
Packaging

Oricon Enterprises promoters seek to reclassify 6.4% stake as public

Seventeen promoter group members want to exit their classification, including shareholders holding stakes of 3.23% and 2.30%.

ORICONENT Micro cap 11:03 AM
Tue · 26 May
6
Packaging

3B Films plans UAE expansion and debt-to-equity swap

The Gujarat-based packaging firm will vote on a major restructuring plan on 30 May, including a new subsidiary and the acquisition of 3B Flexipacks.

3BFILMS Micro cap 5:50 PM
5
Earnings · Packaging

Kahan Packaging's FY26 results: 7% revenue growth, no surprises

A routine annual filing for a nano-cap with steady, modest growth. Profit rose 4.3% on 7% higher revenue.

KAHAN Micro cap 4:37 PM
9
Paper Products

Pakka raises ₹540 cr in private debt, then surrenders its credit rating

A debt raise equal to 132% of its market cap. The nano-cap packaging firm is moving from rated bank loans to unlisted private debentures at steep coupons.

PAKKA Micro cap 4:30 PM
5
Earnings · Packaging

Kahan Packaging posts modest annual profit growth

Audited results show a slight uptick in both revenue and profit for the nano-cap packaging company.

KAHAN Micro cap 4:30 PM
Mon · 25 May
5
Earnings · Paper Products

B&A Packaging profit drops 28% even as sales climb 8.5%

Annual profit slid to ₹7.06 crore despite revenue rising to ₹142.19 crore. The company has not explained the margin hit.

BAPACK Micro cap 8:21 PM
5
Earnings · Paper Products

B&A Packaging's profit slides 28% even as revenue grows 8.5%

The nano-cap packaging firm posted a ₹7.06 cr profit for FY26 on ₹142 cr revenue. It's recommending a ₹1 dividend.

BAPACK Micro cap 8:10 PM
Sat · 23 May
6
Earnings · Packaging

Belding India reports ₹354.83 lakh loss in first year as an EPC firm

Auditors issued a qualified opinion, citing inability to reconcile vendor and lender balances after the DC&T Global acquisition.

SYNTHFO Small cap 7:51 AM
6
Earnings · Packaging

Belding India posts ₹354.83 lakh loss in first year of EPC pivot

Auditors qualified the results, flagging unresolved vendor and lender balances after the acquisition of DC&T Global.

SYNTHFO Small cap 7:47 AM
Fri · 22 May
5
Earnings · Packaging

Arrow Greentech reports falling revenue and profit for FY26

Standalone revenue fell to ₹15,675 lakhs and PAT slid to ₹4,249 lakhs, even as the board declared a ₹5 dividend.

ARROWGREEN Micro cap 7:24 PM
Thu · 21 May
6
Credit · Paper Products

Pakka plans NCD issue after equity raise and rating downgrade

The nano-cap packaging firm will meet May 26 to consider a secured private-placement bond. It has already raised ₹130 cr in equity this year.

PAKKA Micro cap 9:15 PM
6
Concalls · Packaging

Creative Graphics revenue hits ₹348 cr but margins take a hit

Packaging firm Creative Graphics targets ₹1,000 crore revenue by FY28 after a 158% jump in FY25 sales.

CGRAPHICS Micro cap 7:22 PM
6
Earnings · Plastic Products

Gujarat Raffia's revenue nearly triples to ₹88.6 cr in FY26

Net profit doubles to ₹1.05 cr as the small-cap packaging firm delivers a standout year; audit opinion unmodified.

GUJRAFFIA Micro cap 4:05 PM
Wed · 20 May
6
Earnings · Engineering - Construction

Valplast logs 62% revenue growth; diverts ₹5 cr IPO funds to working capital

FY26 profit up 52% to ₹9.30 cr; board recommends ₹1 dividend. Shareholder nod sought for IPO reallocation from machinery to general purposes.

VALPLAST Micro cap 9:17 PM
5
Earnings · Plastic Products

Hitech Corp swings to Q4 profit, recommends Re.1 dividend

FY26 annual results show Q4 revenue up 10% to ₹151.6 cr; profit at ₹6.4 cr against loss a year ago. Dividend yield of ~10% at current price.

HITECHCORP Micro cap 8:33 PM
6
Earnings · Plastic Products

EPL's transcript: Cost pass-through confidence, Indovida merger on track

Management details strategy to navigate Middle East crisis without margin damage; active acquisition search continues.

EPL Mid cap 6:36 PM