Kanpur Plastipack Ltd

Meeting Details

• Date and time: 31 August 2026, 10:00 am–05:00 pm; format: Group/One-on-One; mode: In person; venue: Mumbai.

Participants

• Company management to participate in investor discussions.
• Company Secretary & Compliance Officer coordinating.

Purpose

• Interacting with investors/analysts at Kaptify Investor Conference; discussions based on generally available information.

Additional Notes

• Information also available on the company website.

AGM Minutes Submission

• Minutes of the 55th AGM attached; submitted on 21 August 2026.

AGM Details

• AGM held on 10 August 2026 at 12:00 PM; physical meeting at D-19-20 Panki Industrial Area, Kanpur.
• Mode: physical meeting with e-voting and poll.
• Record date: 5 August 2026; on-record shareholders: 8139.

Key Resolutions

• Resolution 1 (Ordinary): Adoption of Audited Financial Statements for year ended 31 March 2026.
• Resolution 2 (Ordinary): Declaration of Final Dividend for FY 2025-26.
• Resolution 3 (Ordinary): Re-appointment of Usha Agarwal as Director by rotation.
• Resolution 4 (Special): Re-appointment of Manoj Agarwal as Chairman and Managing Director.
• Resolution 5 (Special): Change in terms of payment to Shashank Agarwal, Deputy Managing Director.
• Resolution 6 (Special): Remuneration to Usha Agarwal, Non-Executive Director from 01-Apr-2026.
• Resolution 7 (Ordinary): Ratification of remuneration of Cost Auditor.

Voting Results

• Resolution 1: Passed with requisite majority.
• Resolution 2: Passed with requisite majority.
• Resolution 3: Passed with requisite majority.
• Resolution 4: Passed with requisite majority (Special).
• Resolution 5: Passed with requisite majority (Special).
• Resolution 6: Passed with requisite majority (Special).
• Resolution 7: Passed with requisite majority.

Dividend

• Final dividend for FY 2025-26 approved; per-share amount not disclosed in filing.

Director Changes

• Usha Agarwal re-appointed as Director by rotation.
• Manoj Agarwal appointed as Chairman and Managing Director.
• Change in terms of payment to Shashank Agarwal, Deputy MD.
• Remuneration approved for Usha Agarwal, Non-Executive Director from 01-Apr-2026.

Auditor Matters

• Remuneration of Cost Auditor ratified.

AGM Details

• Date/time: 10 August 2026, 12:00 Noon, physical AGM at registered office.
• Mode: physical with remote e-voting and in-meeting ballot voting.
• Quorum present; attendees: 36; meeting concluded 12:45 PM.
• Notice, Directors' Report and Audited Financial Statements taken as read; no adverse auditor remark.

Strategic updates & governance

• Exited CPP business in prior year to fund expansion and productivity gains.
• Raised funds via two preferential warrants; debt reduced; balance sheet strengthened.
• Credit rating upgraded, signaling stronger financial risk profile.
• FIBC capacity expansion planned at Unit III to reduce fabric-dependence.
• Greenfield Technical Textiles venture: two non-woven fabric lines planned this year.
• JV with Essegomma S.p.A. (Italy) 50:50 for Taslan yarn technology.
• Acquired 76.19% stake in Valex Ventures Ltd., UK FIBC distributor.
• Energy: over 50% of energy from solar; products designed for recyclability.
• Environment: zero liquid discharge, rainwater harvesting, EPR-compliance.

Proceedings & Deliberations

• Deliberations with shareholders; queries addressed by the Chairman; no further business.
• Meeting concluded at 12:45 PM.

Warrant conversion approval

• Preferential Issue Committee to consider allotment of equity shares on conversion of warrants.
• Meeting scheduled for 13 August 2026 at 10:30 AM, under SEBI ICDR Regulations 2018.
• Balance issue price payment from allottees required to convert warrants into shares.
• Total warrants: 10,12,000 issued at ₹130 per warrant, including ₹120 premium.
• Conversion would convert one warrant into one equity share of ₹10 face value.
• Intimation relates to earlier May 15, 2025 communication on warrant allotment.
• Outcome subject to receipt of balance price and regulatory compliance.
• Potential equity dilution upon conversion of warrants.

Meeting Details

• Date and time: July 29, 2026 at 4:00 PM.
• Type and mode: earnings conference call, virtual group session.
• Organizer: Kanpur Plastipack Limited (host).
• Transcript available on the company website.

Participants

• Key participants: Chairman Cum Managing Director; Deputy Managing Director; CFO; Company Secretary.

Purpose

• Discuss Standalone and Consolidated Unaudited Q1 FY27 results.
• Q&A on operational and financial performance.

Additional Notes

• Conference call recording available.

Business Overview

• Integrated packaging solutions firm focused on FIBC, MFY yarn, PP woven sacks, and UV masterbatches.
• Exports account for about 70% of revenue, with Europe as key market.
• Backward integrated manufacturing supports cost, quality, and margin advantages.
• Aggressive growth into technical textiles via Taslan yarn and non-woven fabrics.
• 4 manufacturing units; 40+ country footprint; green energy and sustainability focus.

Key Operational Highlights

• FIBC capacity expansion adds 6,000 MT p.a; floor completion by Sep 15, 2026.
• New automated roll storage facility improves inventory control; on track for Sep 2026.
• New dedicated warehouse at Unit 3 completed; improves logistics.
• Taslan yarn commercial production commenced; JV project operationalized.
• Non-woven fabrics facility ready; commercial production expected from Q3 FY26-27.
• Export footprint strengthened; Europe-led growth via UK acquisition and Italian JV.
• Taslan yarn sales commenced; premium yarn diversification underway.
• Solar energy more than 60% of total energy; long-term OA agreements.
• Scaled capacity across FIBC, MFY yarn, fabrics, UV master batch.
• Acquisitions and JV to drive diversification into Technical Textiles.

Financial Performance

• Total income Q1 FY27 consolidated ₹20,893 lakhs, up 14.41% YoY.
• EBITDA ₹2,174 lakhs; margin 10.40% vs 7.64% prior year.
• Net profit ₹1,168 lakhs; margin 5.59% vs 3.96%.
• Standalone income ₹20,749 lakhs; EBITDA ₹2,219; net ₹1,214.
• Q1 FY27 standalone EBITDA margin 10.69%; net margin 5.85%.
• Q1 FY27 consolidated net profit up 61.5% YoY.
• FY27 revenue growth ~14% YoY; EBITDA expansion driven by mix and cost optimization.

Capital Structure & Liquidity

• Acquisitions and capex indicate capital deployment; no debt figures presented.
• Long-term solar agreements totaling 12,375 KW; open access commitments.
• Open access solar capacity expansion to 16,167 Kwp.

Strategic Priorities & Outlook

• FIBC remains core growth engine; expand volumes via capacity and utilisation.
• Increase mix of food-grade, value-added, customized FIBCs; export-led growth.
• Premium PP yarn and non-woven fabrics offer higher margins.
• Taslan yarn sales commenced; Technical Textiles facility planned for Q3 FY26-27.
• European market focus via UK acquisition and Italy JV strengthens pricing and R&D.
• Green energy and cost optimization support margins; recyclable product designs.

Governance & Leadership

• Acquired Valex Ventures Ltd (UK) and formed JV with Essegomma S.p.A. (Italy).
• Began FIBC manufacturing and established BRC-certified food-grade finishing unit.
• New capex for diversification into Technical Textiles.