Packaging industry
99 companies · ₹56,727 cr · 11 with AI deep dives · Q1FY27 report
Polymer passthrough lifts sector to 8-quarter margin peak; thin volumes and inventory overhang cloud Q3.
- Revenue YoY
- +24.4%
- EBITDA margin
- 14.6%
- +460bps YoY
- Price, 1 year
- +7.9%
- 58% of names up
- P/E vs own 5y
- +3.5%
- 19.7x now
Exhibit 1The quarter in numbers
constant panel of 22 companies above ₹500 cr- Jun 26
- 15,356 cr
- Mar 26
- 12,706 cr
- QoQ
- +20.9%
- Jun 25
- 12,348 cr
- YoY
- +24.4%
- Peak
- 15,356 cr
- vs peak
- 0.0%
- Jun 26
- 14.6%
- Mar 26
- 7.8%
- QoQ
- +680bps
- Jun 25
- 10.0%
- YoY
- +460bps
- Peak
- 14.6%
- vs peak
- 0bps
Breadth: 86% of 22 companies grew revenue year on year (was 73% a quarter earlier) and 68% expanded margin (was 55%).
Exhibit 2What it costs
14.76x - 30.37x across the panel todayThe median name trades at 19.7x, +3.5% against this industry's own 5-year median of 19.1x, and -29.1% against its own peak of 27.8x.
Exhibit 3Structure
₹56,727 crEPL Ltd is 13.5% of this industry by market cap. The top 5 are 43.8% and the top 10 are 66.9%.
Exhibit 4Screen
P/E below the sub-industry median of 19.71x, 5y ROCE above its median of 12%, and at least 2 growth triggers stated on the latest earnings call.
Which names clear this screen is premium
The screen runs on stated growth triggers from the latest earnings calls - the same guidance data the stock screener reserves for premium. Premium names every company in this industry that is cheap against its own median and has the triggers behind it.
See plans →Exhibit 5Coverage (25 of 99)
Every company here with a deep dive, topped up by market cap. The rest of the industry is in the appendix.
Exhibit 6What managements said
from this industry's latest earnings calls · as of 2026-06-30The West Asia conflict generated three simultaneous headwinds: (1) PP/PE/HDPE prices up 35-60% above recent averages per EPL, Mold-Tek, and Pyramid; (2) safety-stock build…
- EPL (Q1FY27): “Supply security was paramount for us, and we ensured that we build the right level of…”
Exhibit 7Outlook
The outlook and what resolves next quarter
Where these managements said things are heading, and the dated, checkable events that would change it. Free with an account - 3 full reports a quarter.
Create a free account →AppendixThe other 74 companies
1-30- Mcap
- ₹466 cr
- P/E
- 14.0x
- EV/EBITDA
- 7.6x
- ROCE
- 19.4%
- Margin
- 14.9%
- Rev YoY
- +18.5%
- Mcap
- ₹204 cr
- P/E
- 23.2x
- EV/EBITDA
- 9.5x
- ROCE
- 9.4%
- Margin
- 7.9%
- Rev YoY
- +11.3%
- Mcap
- ₹179 cr
- P/E
- 78.2x
- EV/EBITDA
- 74.7x
- ROCE
- 9.8%
- Margin
- 3.5%
- Rev YoY
- -
44 more companies
This industry has 74 constituents beyond the covered names. The first page is free; premium opens the rest.
See plans →