Kanpur Plastipack Management Guidance Tracker

Adding 6,000 tons of FIBC capacity at Unit 3 with a capex of ₹20 crore, targeting ~1,200 tons per year.

First non-woven machine to start commercial production by September 2026, second by December 2026, targeting ₹20-25 crore revenue in FY27.

The Segma JV for premium polypropylene yarns is expected to generate first revenues in the next financial year.

Management expects sequential improvement in manufacturing revenue in Q4 FY26.

Management expects top-line growth of 10-15% in FY27, driven by FIBC expansion and non-woven contribution.

Over the next few years, FIBC will grow from 54% to 70-75% of manufacturing turnover, improving blended margins.

New FIBC unit 3 to produce 1,800 tons in FY27, ramping to 6,000 tons over four years.

Management indicated that EBITDA margins will remain similar to current levels (~11% for manufacturing segment) in FY27.