Polyplex Corporation Limited Overview
Pro stress-test →Polyplex is a leading global PET film manufacturer with polyethylene terephthalate (PET) film capacity of 4,78,500 metric tonne (MT) and is ranked #2 globally (ex-China) in Thin BOPET Film Capacity with ~10% global market share. The company manufactures and sells polymeric films including biaxially-oriented polyester (BOPET) films for packaging, electrical, and industrial applications, as well as BO polypropylene films and specialty products.
Strategic Profile
Pro stress-test →Polyplex operates 7 manufacturing facilities in 5 countries with multiple warehouses and liaison offices worldwide. The company plans capex of ₹1,000+ Cr for specialty films in the U.S. and India, focusing on sustainability via recycled PET and green energy with targets for 12–15% revenue CAGR.
Competitive Landscape
Pro stress-test →Key competitors in the flexible packaging and industrial films sector include EPL Ltd, AGI Greenpac, Uflex, TCPL Packaging, and XPRO India. Polyplex differentiates through its global production footprint, BOPET film specialization, and emerging focus on sustainable films.
Industry Context
Polyplex Corporation Limited operates in Specialty Polymeric Films & Flexible Packaging Materials.
Key facts
Founded: 1984 · Headquarters: Noida, India · Employees: 1,320 · Revenue: ₹6,938 Cr (TTM), ₹1,791 Cr (Q2 FY26) · Market cap: ₹26-27B ($3.1B USD equivalent)