Whenever you are visiting any supermarket, you identify the products based on the packaging. The companies engaged in packaging started gaining importance among the investors because of rising consumption, e-commerce, etc.
In today’s blog post, we will give you an overview of the best packaging stocks in India, along with the key benefits of investing in them.
What are packaging stocks?
The packaging stocks are the shares of those companies which manufacture packaging material primarily used by stores, transport, market products, etc. The packaging material used by these companies is an essential element across different industries such as FMCG, food and beverage, pharmaceuticals, e-commerce, etc.
Top Packaging Stocks in India
- EPL Limited
- AGI Greenpac Limited
- Uflex Limited
- Balmer Lawrie & Company Limited
- TCPL Packaging Limited
- Polyplex Corporation Limited
- Huhtamaki India Limited
| Company | Current Market Price (INR) | Market Capitalisation (in INR crore) | 52-Week High | 52-Week Low |
|---|---|---|---|---|
| EPL Limited | 211 | 6768 | 267 | 175 |
| AGI Greenpac Limited | 740 | 4791 | 1089 | 599 |
| Uflex Limited | 488 | 3520 | 686 | 438 |
| Balmer Lawrie & Company Limited | 184 | 3144 | 238 | 147 |
| TCPL Packaging Limited | 2991 | 2735 | 4910 | 2864 |
| Polyplex Corporation Limited | 843 | 2650 | 1411 | 774 |
| Huhtamaki India Limited | 207 | 1558 | 273 | 170 |
Overview of Best Packaging Stock in India
The overview of the best packaging stock in India is as follows:
1. EPL Limited
The company was founded in 1982; previously, it was known as Essel Propack Limited. This company is a part of the Essel group. Initially, the company was engaged in the manufacturing of laminated tubes, and later it started supplying packaging material to various FMCG brands, including Colgate-Palmolive, Unilever and Dabur etc. In the 2000s, the company started establishing manufacturing plants in Europe, the USA, and other countries. In 2020, the company changed its name to EPL Limited. The company’s head office is situated in Mumbai.
2. AGI Greenpac Limited
AGI Greenpac Limited company was incorporated in Kolkata and was initially known as Hindustan Twyfords Limited. And later in 1969, it was renamed to Hindustan Sanitaryware and Industries Limited. In 2011, it started expanding into PET packaging and acquired Garden Polymers Private Limited. In 2022, the company changed its name to AGI Greenpac Limited to reflect its packaging business. The headquarters of this company is situated in Gurugram.
3. Uflex Limited
Uflex is one of the largest packaging companies in India, founded in 1985 by Mr Ashok. It also offers packaging products like pouches, sachets, etc. Later in the 2000s, the company expanded into printing cylinders, chemicals, holography, etc. The company has supplies to over 150 countries. Its head office is situated in Noida.
4. Balmer Lawrie & Company Limited
Balmer Lawrie & Company Limited company was founded in 1867 by a Scottish businessman. Later, the company converted into a private limited and public limited in 1924 and 1936, respectively. Later in 1997, the company achieved the status of Miniratna by the government of India. The company provides industrial packaging solutions such as steel barrels, drums, etc. The headquarters of the company is situated in West Bengal.
5. TCPL Packaging Limited
The company is one of India’s largest manufacturers of folding cartons. The company was founded in 1987 and primarily engaged in providing paperboard products. Later in 2008, the company was renamed to TCPL Packaging Limited. It has recently launched a new greenfield manufacturing plant in Chennai. The company’s headquarters is situated in Mumbai.
6. Polyplex Corporation Limited
Polyplex Corporation Limited company was incorporated in 1984 and was engaged in manufacturing polyester film in India. In 2000, the company expanded its manufacturing units in Thailand, the USA, Indonesia and Turkey. It also diversified into BOPP, CPP, and blown films. It has a manufacturing unit in Uttarakhand. The company’s head office is situated in Noida.
7. Huhtamaki India Limited
The company was established in 1935 in Lahore (now Pakistan) as The Paper Products Limited and relocated to India in 1947. Its initial focus is on consumer packaging. In 1950, it was listed on the Bombay Stock Exchange. In 1999, a Finnish company named Huhtamaki Oyj acquired majority stakes in the company. The company renamed itself to Huhtamaki India Limited in 2020. The company’s headquarters is situated in Mumbai.
Read Also: Best Paper Stocks in India
Key Performance Indicators (KPIs)
| Company | ROE (%) | ROCE (%) | Operating Profit Margin (%) | Net Profit Margin (%) |
|---|---|---|---|---|
| EPL Limited | 15.24 | 18.80 | 12.74 | 8.58 |
| AGI Greenpac Limited | 15.37 | 18.58 | 20.22 | 12.75 |
| Uflex Limited | 1.92 | 8.78 | 7.57 | 1.04 |
| Balmer Lawrie & Company Limited | 13.50 | 12.90 | 12.01 | 7.74 |
| TCPL Packaging Limited | 22.21 | 23.01 | 13.10 | 8.07 |
| Polyplex Corporation Limited | 5.55 | 7.34 | 7.13 | 5.19 |
| Huhtamaki India Limited | 7.37 | 7.61 | 4.10 | 3.48 |
Benefits of Investing in Packaging Stocks
The key benefits of investing in Packaging stocks are as follows:
- Increased Demand: There are various products, such as food, medicines, personal care, etc., which require packaging, ensuring consistent demand for packaging.
- Eco-friendly: Consumers are shifting their preferences towards recyclable packaging. Therefore, the companies which are investing in green packaging technologies will gain market share in future.
- Client Base: In the packaging industry, companies tend to have long-term contracts with their clients and have repeat orders, which increases the chance of getting consistent revenue.
Factors to Consider before Investing in Packaging Stocks
There are various factors which one should consider before investing in packaging stocks:
- Financial Performance: Before considering investment in packaging stocks, one is required to check the financial performance of the company to determine whether the company is profitable and has consistent revenue or not.
- Technology: Companies which adopt advanced technologies and have research and development capabilities must be given priority over other packaging companies.
- Client Concentration: If the company has limited clients, then it may be risky for the company in case they lose any clients. Investors should check Top 5 or Top 10 customer Contribution in revenue and select the company with least concentrated revenue distribution.
Future of Packaging Stocks
The future of the packaging industry is very bright because of the increasing demand for packaging material from different industries such as FMCG, pharma, etc. As of 2025, the industry is currently valued at around 7.36 lakh crores and is expected to reach 12.5 lakh crores by 2029. Considering increasing consumption in the economy, the demand will still be on a higher side for packaging material. Hence, one can invest in packaging companies’ stocks for the long term.
Read Also: Best Plastic Stocks in India
Conclusion
On a concluding note, the Indian packaging industry is positioned for strong growth because of increasing consumption, etc. Also, the e-commerce industry helps the packaging industry grow in the long run. Various companies are operating in this sector. However, it is advisable to conduct a deep research and consult your investment advisor before making any investment in the packaging industry. To invest in packaging sector stocks, one is required to open a demat and trading account with Pocketful, as it also offers free brokerage on delivery trades.
Frequently Asked Questions (FAQs)
Name packaging companies in India?
The packaging companies in India include EPL Limited, Uflex Limited, AGI Greenpac Limited, etc.
What are the factors to be considered before investing in packaging stocks?
The key factors which an investor is required to consider before investing in packaging stocks include regulatory risk, client concentration, etc.
Is it a good time to invest in packaging stocks?
Yes, it is a good time to invest in packaging stocks because the demand for everyday consumption products is increasing, along with the growth of e-commerce, etc.
How can I invest in packaging companies?
To invest in packaging companies, one is required to have a demat and trading account. Pocketful offers you an opportunity to open a lifetime free trading and demat account with Pocketful, and it also offers free brokerage on delivery trading, along with advanced trading tools.
