šŸ’° Financial Performance

Revenue Growth by Segment

Gross Income grew 44.58% YoY from INR 43.31 Cr to INR 62.62 Cr (converted from thousands). Segment-wise split is not disclosed.

Profitability Margins

Net Profit Margin is 9.72% for FY25. Operating Profit Margin is reported at 30% (0.30).

EBITDA Margin

Not explicitly disclosed, but Net Profit grew 84.20% YoY to INR 6.13 Cr.

Capital Expenditure

Not disclosed in INR Cr; however, the company operates three manufacturing units in Ujjain and Pithampur.

Credit Rating & Borrowing

Interest Coverage ratio is 3.51; Debt Equity Ratio is 0.66.

āš™ļø Operational Drivers

Raw Materials

High-Density Polyethylene (HDPE), Polypropylene (PP), and Aluminum. Specific cost percentages are not disclosed.

Capacity Expansion

Current manufacturing locations include one unit in Ujjain and two units in Sector III, Pithampur. Planned expansion details are not disclosed.

Raw Material Costs

Raw material availability at affordable prices is cited as a critical risk. Specific cost as a % of revenue is not disclosed.

Manufacturing Efficiency

Inventory Turnover ratio is 5.10; Debtors Turnover ratio is 5.08.

Logistics & Distribution

Logistics is identified as a critical aspect for the company to capture emerging markets.

šŸ“ˆ Strategic Growth

Expected Growth Rate

4.4%

Growth Strategy

The company aims to achieve growth by lowering the cost of production and adapting strategies to changing environments. It focuses on the emerging Baby Diapers market, leveraging rising hygiene consciousness and quality execution.

Products & Services

Disposable Hygiene Products (Baby Diapers), HDPE containers, PP Closures, plastic liners for packing, and Aluminum Crown caps.

Market Expansion

Focusing on capturing emerging markets through quality execution and strategic adaptation.

šŸŒ External Factors

Industry Trends

The Baby Diapers market volume is expected to reach 1.4bn kg by 2029, with a projected volume growth of 4.4% in 2025, driven by rising personal hygiene consciousness.

Competitive Landscape

The company faces growing competition from similar industries using similar strategies to capture emerging markets.

Competitive Moat

Competitive advantage is sought through lower production costs and superior execution quality in manufacturing disposable hygiene and packaging products.

Macro Economic Sensitivity

Operations are subject to various economic conditions and government regulations.

Consumer Behavior

Increasing consciousness regarding personal hygiene is a key factor driving demand for the company's disposable hygiene products.

āš–ļø Regulatory & Governance

Industry Regulations

Complies with SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 and the Companies Act 2013.

Legal Contingencies

A penalty was imposed by BSE for a delay in the submission of a Listing Application. No other pending court cases were disclosed.

āš ļø Risk Analysis

Key Uncertainties

Raw material price volatility and availability, growing competition, and logistics management are key business risks.

Geographic Concentration Risk

Manufacturing is concentrated in Madhya Pradesh (Ujjain and Pithampur).

Credit & Counterparty Risk

Debtors Turnover ratio of 5.08 indicates the quality of receivables management.