Essel Propack

The analysts at MOFSL, believe that the structural and leadership changes position EPL well to drive its next growth phase

The board of EPL Limited, formerly Essel Propack Ltd, has approved the acquisition of Creative Stylo Packs Ltd in a part-cash and part-stock transaction.

Blackstone sold 23 per cent stake in Essel Propack, one of the largest manufacturers of laminated tubes used mostly by FMCG and pharma companies

According to media reports, Epsilon Bidco Pte. Ltd, a Blackstone entity which owns 75 per cent of Essel Propack, was looking to sell up to 23 per cent stake, to garner as much as $251 million

The company's focus on 'capital efficient consistent earnings growth' would help improve the return ratios going forward, analysts believe

Cosmo Films gained 1.82 per cent to its fresh all-time high of Rs 488.95 on the BSE after announcing its June quarter earnings

Essel Propack's revenue from operations climbed 17.72 per cent to Rs 741.49 crore

Tube-packaging company Essel Propack Ltd on Thursday reported a 13.96 per cent increase in consolidated net profit to Rs 45.62 crore for the June quarter.

On November 11, India Rating & Research affirmed Essel Propack's long term issuer rating as "IND AA" (resolving rating watch evolving (RWE)) with positive outlook.

Finding the right CEO fast, and expanding segments are key

Ebitda margin increased by 270 bps year on year to 20.9 per cent in September quarter, driven by favorable mix shift and productivity improvement.

Machine control system uses AI and energy savers to conserve power; no solvent is used to prime lamination surface; there is 'zero' effluent generation during lamination process

The domestic operations contribute around 40% of EPL's annual turnover of Rs 2,185 cr

Total income from operations of the company was reported at Rs 596.1 crore for the second quarter

In FY16, Essel Propack's consolidated revenue stood at Rs 2,184 crore

The stock hit a record high of Rs 245, up 10% on the BSE in early morning trade on back of heavy volumes.

EBIDTA margins of the company jumped to 18.5% for Q1, 2016 versus 18% for the same quarter last year

However, total income from operations jumped by a marginal by 2.8%.

Global packaging major Essel Propack Ltd (EPL) sees non-oral care categories like pharmaceuticals, cosmetics, fast moving consumer goods (FMCG) and food as a major growth driver going forward in the segment like laminated tube business through offering innovative products and packaging solutions in lieu of the traditional plastic/aluminum tubes and plastic/glass bottles. The sustained focus towards non-oral care packaging has helped EPL to boost the segment's share in the revenue upto 42%. In the coming years, increased awareness among customers of the superior barrier properties and decoration capability of the laminated tubes is expected to open up several non oral-care brands for Essel Propack's new range of tubes. "Being a leader in the laminate technology, we are constantly looking to expand our presence globally in the tube space through innovative new products for the non-oral care brands. We are open for both inorganic and organic growth opportunities as long as they meet our .