BSECompany Update19h ago · 27 Oct 2026, 08:07 pm
Media Release on Financial Results for the Quarter ended September 30, 2026.
Kanpur Plastipack Ltd · 507779
✦ AI Summary▲ PositiveResults
Kanpur Plastipack Ltd reported strong year-on-year growth in revenue and profitability for the second quarter and half year ended September 30, 2026, driven by healthy volume growth, improving operating performance, and continued demand across its diversified end markets.
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Kanpur Plastipack Ltd - 507779 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
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October 27, 2026
BSE Limited National Stock Exchange of India Limited
Phiroze Jeejeebhoy Towers, Exchange Plaza, Plot No. C/1,
Dalal Street, G Block, Bandra – Kurla Complex,
Mumbai 400 001 Bandra (East), Mumbai 400 051
Scrip Code: 507779 Trading Symbol: KANPRPLA
Sub:- Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015 - Media Release on Financial Results for the Quarter
ended September 30, 2026.
Dear Sir,
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015, please find enclosed herewith a Media Release on the Financial Results for
the Quarter ended September 30, 2026.
The aforesaid Media Release shall also be available on the website of the Company at:
https://kanplas.com/report_pdf/Kanpur_Plastipack_Press_Release_Q2FY27._1793111070.pdf
Please take this on record and oblige.
Thanking You.
Yours Faithfully,
For Kanpur Plastipack Limited
(Ankur Srivastava)
Company Secretary
Encl: A/a
Manufacturers & Exporters:
Flexible Intermediate Bulk Container (FIBC) I PP Multifilament Yarn I UV Master Batches I Fabrics
CIN: L25209UP1971PLC003444
D-19,20 Panki Industrial Area,
+91(512) 2691113-116 info@kanplas.com www.kanplas.com
Kanpur-208022, India
Consolidated Revenue, EBITDA & PAT grew ~44%, ~59%& ~102% YoY respectively
27th October 2026: Kanpur Plastipack Limited, a leading manufacturer of flexible intermediate bulk
containers (FIBCs), and industrial packaging solutions today announced its financial performance for the
second quarter and half year ended September 30, 2026 (Q2 & H1 FY27).
The Company delivered strong year-on-year growth in revenue and profitability, supported by healthy
volume growth, improving operating performance and continued demand across its diversified end
markets.
Key Financial Performance Highlights (Consolidated)
Particulars (INR Mn) Q2’FY27 Q2’FY26 YoY% H1’FY27 H1’FY26 YoY%
Total Income 2,402.2 1,665.6 44.2 4,491.5 3,491.7 28.6
EBITDA 266.2 168.0 58.5 483.6 327.1 47.9
Net Profit* 160.6 79.4 102.1 277.3 151.8 82.8
EBITDA Margin (%) 11.1 10.1 +100 bps 10.8 9.4 +140 bps
Net Profit Margin (%)* 6.7 4.8 +191 bps 6.2 4.3 +183 bps
* from continuing operations
Total Income increased by 44.2%YoY in Q2’FY26, and 28.6% in H1’FY27.
EBITDA grew by 58.5% YoY in Q2’FY26, and 47.9% in H1’FY27.
Net Profit (Continued Operations) grew by 102.1% YoY in Q2’FY26, and 82.8% in H1’FY27.
EBITDA Margin stood at 11.1% in Q2’FY27, and 10.8% in H1’FY27, improved by +100 bps and +140 bps
respectively.
Net Profit Margin (Continued Operations) improved by +191 bps to 6.7% in Q2’FY27 and +183 bps to
6.2% in H1’FY27.
Key Business Updates
Diversified End-Market Presence
The company continues to serve a diversified range of industries, with its product portfolio catering to
varied industrial packaging requirements. The Company's end-market mix in Q2 FY27 reflects a balanced
presence across food, industrial packaging, construction and other sectors.
End Market Contribution
Food Industry 44%
Industrial Packaging 23%
Construction 12%
Agriculture 8%
Automotive 7%
Mining & Building Materials 6%
The food industry remained the largest end market, contributing 44% of the mix, followed by industrial
packaging at 23%. The diversified customer and application base provides exposure to multiple industrial
segments and helps broaden the Company's demand opportunities.
Geographical Mix
The Company maintains a strong international presence, with Europe continuing to be its largest
geographical market.
Geography Contribution
Europe 65%
North America 17%
South America 14%
Asia 2%
Australia 1%
Africa 1%
Europe accounted for 65% of the geographical mix, followed by North America at 17% and South America
at 14%. The Company's presence across multiple international markets underlines its established export
orientation and broad geographical reach.
Progress Across Key Expansion Projects
The company continues to advance its capacity expansion and operational improvement initiatives. While
exceptionally heavy rainfall has affected construction and installation timelines at certain sites, the
Company is progressing with execution in line with revised schedules.
1. FIBC Division – Unit 3, Gajner Road
Construction of the new building is expected to be completed by October 30, 2026.
Machinery for both Phase 1 and Phase 2 has been received, marking an important milestone in the
project's execution.
The project represents a key step in strengthening the Company's FIBC manufacturing
infrastructure and supporting its future operational requirements.
2. Modern Roll Management System
Building construction has been delayed due to excessive rainfall.
Work is progressing in line with the revised schedule, with completion expected by November 15,
2026.
The project is part of the Company's ongoing efforts to strengthen its operational infrastructure
and improve manufacturing processes.
3. Needle Punching and Ironing Machine Installation
Civil works have been affected by exceptionally heavy rainfall in Kanpur, resulting in delays to
machinery installation and commissioning.
First Machine: The Needle Punching and Ironing Machine, received in August 2026, is expected to
be commissioned by November 15, 2026.
Second Machine: Commissioning of the second machine is expected by the end of March 2027.
The Company continues to focus on completing the pending civil and installation activities to
facilitate commissioning in line with the revised timelines.
Outlook:
Kanpur Plastipack Limited's performance in Q2 and H1 FY27 reflects healthy growth in income,
improved profitability and sustained volume growth. The strong growth in EBITDA and net profit,
coupled with improved operating margins, underscores the Company's positive business
momentum.
With machinery for both phases of the FIBC Division's Unit 3 expansion already received and key
operational projects progressing towards completion, the Company remains focused on expanding
its manufacturing capabilities, enhancing automation and strengthening operational readiness.
The Company will continue to prioritise operational efficiency, customer diversification and the
timely execution of planned capital expenditure, while remaining responsive to the evolving
requirements of its domestic and international customers.
The Company is also focused on increasing its share of business from the newly established and
operationalised Taslan Yarn manufacturing joint venture. In parallel, it aims to expand its portfolio
of needle-punch technology-based non-woven products and strengthen its presence in the B2C and
OEM-linked technical textiles segments, creating opportunities for incremental growth and greater
value addition.
Commenting on the performance, Mr. Shashank Agarwal, Deputy Managing Director, Kanpur Plastipack
Limited, stated
"We are pleased with our performance in Q2 and H1 FY27, during which we delivered strong growth in
income and profitability. The improvement in EBITDA and net profit, along with better margins, reflects our
continued focus on running our operations efficiently and building a stronger, more profitable business.
Our presence across a range of industries and international markets continues to be an important strength.
We remain focused on strengthening our core packaging business, deepening customer relationships and
improving our ability to respond to changing market requirements.
We are also progressing with our planned expansion projects. The receipt of machinery for both phases of
Unit 3 at Gajner Road is an important step towards strengthening our FIBC manufacturing capacity. While
heavy rainfall in Kanpur has delayed certain construction and installation activities, our teams are working
to complete the pending work and bring the projects on stream as per the revised timelines.
At the same time, we are working to build new avenues for growth beyond our established packaging
business i.e. the Tas
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