2. Business Divisions

Manjushree Technopack operates across a broad spectrum of sectors, offering customized packaging solutions for various industries:

• FMCG Sector: They provide packaging for dairy, food products, beverages (including soft drinks, syrups, and malt drinks), agrochemicals, and personal care items.
• Pharmaceutical Sector: Offering packaging solutions for pharma products, ensuring safety, durability, and compliance with regulations.
• Home Care: Packaging for cleaning products and other home care items.
• Liquor Industry: Specialized packaging for alcoholic beverages.

Manjushree’s wide range of products, coupled with their cutting-edge technology, positions them as a one-stop solution for all rigid plastic packaging needs.

3. Weaknesses

While Manjushree Technopack has seen tremendous growth, it does face certain challenges:

• Dependence on Raw Material Costs: The company’s cost structure is heavily dependent on the cost of materials, which fluctuates based on market conditions.
• Geographical Limitations: Despite their PAN India presence, the company still faces limitations in expanding globally. Their international reach could be expanded further to meet the growing global demand for high-quality plastic packaging.
• Capital Intensity: The capital expenditure required to maintain and expand manufacturing capacity can be high. This can create cash flow pressure during periods of significant investment or expansion.

4. Strengths

Manjushree Technopack has several strengths that set it apart from competitors:

• Innovative Technology: The company is known for its advanced manufacturing technology, including over 100 injection molding machines and a large number of patents.
• Robust Manufacturing Network: With seven manufacturing plants across India, Manjushree has an impressive production capacity of over 140,000 MT per annum.
• Diversified Portfolio: The company offers over 1,000 products in both custom and stock options, serving industries ranging from FMCG to pharma and beyond.
• Strong Financial Position: With impressive revenue growth and profitability, Manjushree Technopack is financially robust and able to reinvest in its operations for continuous growth.
• Strategic Acquisitions: The acquisition of M/s Varahi Limited in 2016-17 helped the company expand its geographical footprint and strengthen its presence in critical regions.

5. Financial Highlights

Manjushree Technopack has consistently demonstrated solid financial performance. Below are key highlights from recent financial statements:

• Revenue Growth: The company posted a revenue of approximately 2,117 million INR in its most recent fiscal year, continuing its upward trajectory from 2,097 million INR in the previous year and 1,467.5 million INR the year before that. This reflects strong sales and expanding market presence.
• Gross Margins: Gross margins have improved from 24.03% in the previous year to 29.95%, indicating efficient cost management and better profitability from operations.
• EBITDA Growth: The EBITDA grew to 374 million INR, reflecting a healthy operational performance and a significant improvement from 293 million INR and 236.8 million INR in prior years.
• Net Profit Growth: The company reported a net profit of 141 million INR, up from 59 million INR the previous year, marking a significant improvement in profitability and a strong return on sales.
• Earnings Per Share (EPS): With an EPS of 102.84 INR, Manjushree Technopack has delivered robust returns to its shareholders, showcasing its strong financial health and potential for further growth.

For investors and those looking into unlisted shares, Manjushree Technopack’s performance makes it a promising company to watch. Investors seeking information about the Manjushree Technopack unlisted share price should note that the company’s steady growth and increasing market share make it an appealing candidate for those interested in the packaging industry.

Disclaimer*This research has been conducted on available data. Investors are advised to perform their own research and due diligence before making any investment decisions. We are not responsible for any financial losses or inaccuracies in the data provided