Indian Plastic Manufacturer Receives Order from US Company, Bounces Back from 200DMA
Customised Food Packaging Products for Injection Moulding
Rajshree Polypack Limited, a manufacturer of plastic packaging products, has secured a significant new order from a leading USA-based distributor. The order is for the supply of customized food packaging products made using Injection Moulding technology.
Details of the Order
The company will supply Injection Moulding products that are tailored to the specifications of the customer. Rajshree Polypack will develop special molds specifically for this order, ensuring the products meet the customer's unique needs.
Nature of the Contract
The contract involves the supply of customized Injection Moulding products, primarily used for food packaging. The products will be designed for use in the food and beverages industry, showcasing the company’s expertise in this sector.
Order Size and Timeline
The value of the order is approximately USD 0.67 million (Rs 5.60 Crores). Rajshree Polypack is expected to complete the delivery by February 25, 2025, highlighting the company's ability to meet tight deadlines for high-value contracts.
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Company Overview
Rajshree Polypack Limited was incorporated in 2011 and specializes in manufacturing barrier plastic rigid sheets, semi-rigid sheets for FFS applications, and thermoformed packaging products. The company primarily serves the dairy, food, and beverages industries.
Revenue Breakdown
The majority of Rajshree Polypack’s revenue comes from the sale of plastic packaging products, accounting for approximately 99 per cent of its total income. Other operating revenue contributes around 1 per cent , reflecting the company’s strong position in the packaging industry.
Stock Performance:
The stock has delivered a return of 13% on a YTD (Year-to-Date) basis and a return of 13.27% over the past year.