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Top 7 Companies in India by Net Profit from Plastic Products Sector (Feb 2024 update)

By Editor Feb 23, 2024 #Plastic Products

In 2021–2022, the total value of plastics and related materials exported was US$ 13.34 billion. This represented a 33.4% increase over the US$ 10 billion in exports in 2020–21. The greatest export category in 2021–2022 was plastic raw materials, which accounted for 30.7% of all exports and increased by 26.5% from the year before. The second-largest category, plastic films and sheets, accounted for 15.2% of all exports and had a 32.7% increase from the previous year.

India’s linoleum and plastic exports were valued at US$ 1,073 million in May 2022. Plastics used in medical applications, plastic films and sheets, plastic pipes and fittings, fiber reinforced plastic (FRP) and composites, packaging materials, cordage fishnets and monofilaments, and other miscellaneous products all saw significant growth during that time. To reach US$ 2,173 million, the total exports for April and May of 2022 increased 2.6% YoY.

List of Top 7 Plastic Products in India (BSE) based on Net Profit.

Company Name Net Profit (Rs. cr)
Time Techno 111.22
DDEVPLASTIK 104.1
PPL 71.29
Nahar Poly Film 31.94
Apollo Pipes 23.91
Mitsu Chem Plas 11.8
Shish Industrie 5.73
Source: BSE, India, last updated 23 February, 2024

This news is a creative derivative product from articles published in famous peer-reviewed journals and Govt reports:

Reference:
1. Kumar, G. (2010). Growth Performance And Productivity Of Rubber & Plastic Products Industry In Punjab. Annals of the University of Petroşani10(4), 157-168.
2. Bera, P., & Pal, M. K. (2021). A Cost Function Approach to the Estimation of Total Factor Productivity Growth in India’s Rubber and Plastic Products Industry with Adjustment for Capacity Utilisation: 1981-82 to 2016-17.
3. Kaur, S. Growth and Productivity Analysis of Small Scale Rubber and Plastic Products Industry in Punjab.

Disclaimer: This news is for information and research purposes only. It is not intended for financial advice.
Declaration of competing interest: Publisher and owner of this web-portal hereby declare that there is no competing interest.

By Editor

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