BSEG M Polyplast LtdHighPositive
Announced Fri, 27 Feb · 12:28 IST

Pursuant to Regulation 30 please find attached the Intimation pertaining to the proposed capacity expansion

Capex & Operations View source PDF

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AI summary

G M Polyplast Ltd has announced a proposed capacity expansion at its facility located in Silvassa, Dadra Nagar Haveli. The company's existing capacity stands at 19,800 MT per annum with current utilization at 65%. It plans to add 2,000 MT per annum, taking the total capacity to 21,800 MT per annum. The expansion is targeted for completion in Financial Year 2026-27 with an investment of ₹3.5 crores, to be funded through internal accruals and debt. The company cited rising demand from packaging, automotive, construction, consumer durables, and healthcare sectors, plus export potential and a shift toward recyclable plastics as key reasons.

Likely market impact

Modest capacity addition of ~10% signals steady growth ambition. Investment of ₹3.5 Cr is relatively small and funded internally, so limited dilution or stress risk. Positive for long-term revenue potential if utilization improves above the current 65%.