Transcript of Earnings Conference call held on May 04, 2026.
KANPRPLA · price
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Kanpur Plastipack reported FY26 total income of INR 726.67 crores (26.26% YoY growth) with EBITDA of INR 74.75 crores (10.29% margin) and PAT of INR 38.19 crores (68% YoY growth). Q4 revenue was INR 183.1 crores with EBITDA margin of 13.69%. The company is transitioning from volume-driven to value-added product mix, with non-woven technical textiles (needle punch technology) being a key growth driver—commercial production starts September 2026 with INR 100-120 crore revenue target for FY28 at 15-16% EBITDA margins. Raw material prices (polypropylene) rose sharply from USD 1,000 to USD 1,700/ton due to Middle East geopolitical disruptions, but management expects new normal pricing of USD 1,200-1,350/ton. FIBC capacity expansion at Unit 3 (6,000 tons) is on track with building completion by May 2026. Geographic exports: Europe 56.5%, South America 21.8%, North America 16.9%.
Strong execution with margin improvement and new growth avenues in non-woven textiles provide multiple expansion levers. Management guided 10% revenue growth and margin sustainability for FY27, with non-woven segment becoming a significant contributor in FY28.