An industrial packaging company started in 1998 engaged in the business of manufacturing:

• Polymer based molded products (Polymer Drums)
• Intermediate Bulk Containers (IBC)
• MS Drums

Used in the packaging and transport of chemicals, agrochemicals and specialty chemicals and many other aggregation aspects.

Products are marketed and sold under our brand name “Pyramid”.

The company has 6 strategically situated manufacturing units:

• Bharuch, GIDC – 4 units and 5^th in progress
• Silvassa – 2 Units

The total installed capacity:

• Polymer Drum - 18,837 MTPA
• IBC - 3,240 MTPA
• MS Drums - 3,600 MTPA

GLOBAL PLASTIC MOLDED PLASTICS MARKET REVENUE ESTIMATES AND FORECASTS, BY REGION, 2019-2030 (INR LAKHS)

The rapid growth in Indian chemical industry would have positive influence on the demand of intermediate bulk containers. Indian chemicals market was valued at INR 12,53,02,000 Lakhs in 2019 and is anticipated to grow by 9.3 percent CAGR to reach 30,40,000 lakhs by the 2025. By 2025, it is anticipated that the demand for chemicals would increase by 9% annually.

INDIA INTERMEDIATE BULK CONTAINER MARKET REVENUE ESTIMATES AND FORECASTS, BY END USE, 2019-2030 (INR LAKHS)

A large variety of various industrial commodities can be kept in polymer drums. The most prevalent ones include sand, grains, food ingredients, liquids, oils and lubricants, medications, chemicals, solvents, and pharmaceuticals. The popularity of polymer drums for storage and transportation can be attributed to their adaptability and durability.

INDIA POLYMER DRUMS MARKET REVENUE ESTIMATES AND FORECASTS, BY TYPE, 2019-2030 (INR LAKHS)

RISK FACTORS

• The business needs high durability and standardization in their output products.
• The company adheres to government policies, international standards, and customer quality norms for manufacturing industrial packaging products. Changes in these standards, which are essential for the chemical and pharmaceutical industries, could impact the company's operations, financials, and growth prospects.
• The absence of long-term agreements with customers and suppliers exposes the company to demand and supply-side uncertainties.
• The inability to successfully execute proposed expansion plans may negatively affect the financial condition and operational performance of the company. Also the Key Managerial Personnels hold a majority stake in decision making and are responsible for the success till now.
• Polymer, specifically polypropylene and polyethene, forms a substantial portion of the company's expenses for molded products like IBC & Polymer Drums. As these polymers are derived from crude oil, significant price hikes in crude oil or disruptions in polymer supply could have a considerable adverse impact on its operations.
• The manufacturing of MS Drums relies on mild steel (MS), produced using iron ore and sponge iron. Dramatic price increases in these raw materials or disruptions in their supply could materially hinder MS Drum production.
• Manufacturing operations, which are located in Western India (Bharuch, Gujarat and Silvassa, Dadra and Nagar Haveli), may be affected by various factors associated with the region including any political disruptions, natural calamities or civil disruptions, opposition and protests.
• Polymer is a derivative of crude oil and any substantial increase in price of crude oil or decrease in the supply of polymer could materially adversely affect its business. Also the company is exposed to foreign exchange risk.
• Company reported negative cash flows in the past and may continue to do so in the future. Promoters have pledged their own property as collateral for getting the loans, if the company defaults it has to pay to the promoters for their loss. Company also has an unsecured loan of Rs. 13.5131 Crore.
• Any ban on polymer-based packaging by the Government of India may affect its business

An industrial packaging company started in 1998 engaged in the business of manufacturing:

• Polymer based molded products (Polymer Drums)
• Intermediate Bulk Containers (IBC)
• MS Drums

Used in the packaging and transport of chemicals, agrochemicals and specialty chemicals and many other aggregation aspects.

Products are marketed and sold under our brand name “Pyramid”.

The company has 6 strategically situated manufacturing units:

• Bharuch, GIDC – 4 units and 5^th in progress
• Silvassa – 2 Units

The total installed capacity:

• Polymer Drum - 18,837 MTPA
• IBC - 3,240 MTPA
• MS Drums - 3,600 MTPA

GLOBAL PLASTIC MOLDED PLASTICS MARKET REVENUE ESTIMATES AND FORECASTS, BY REGION, 2019-2030 (INR LAKHS)

The rapid growth in Indian chemical industry would have positive influence on the demand of intermediate bulk containers. Indian chemicals market was valued at INR 12,53,02,000 Lakhs in 2019 and is anticipated to grow by 9.3 percent CAGR to reach 30,40,000 lakhs by the 2025. By 2025, it is anticipated that the demand for chemicals would increase by 9% annually.

INDIA INTERMEDIATE BULK CONTAINER MARKET REVENUE ESTIMATES AND FORECASTS, BY END USE, 2019-2030 (INR LAKHS)

A large variety of various industrial commodities can be kept in polymer drums. The most prevalent ones include sand, grains, food ingredients, liquids, oils and lubricants, medications, chemicals, solvents, and pharmaceuticals. The popularity of polymer drums for storage and transportation can be attributed to their adaptability and durability.

INDIA POLYMER DRUMS MARKET REVENUE ESTIMATES AND FORECASTS, BY TYPE, 2019-2030 (INR LAKHS)

RISK FACTORS

• The business needs high durability and standardization in their output products.
• The company adheres to government policies, international standards, and customer quality norms for manufacturing industrial packaging products. Changes in these standards, which are essential for the chemical and pharmaceutical industries, could impact the company's operations, financials, and growth prospects.
• The absence of long-term agreements with customers and suppliers exposes the company to demand and supply-side uncertainties.
• The inability to successfully execute proposed expansion plans may negatively affect the financial condition and operational performance of the company. Also the Key Managerial Personnels hold a majority stake in decision making and are responsible for the success till now.
• Polymer, specifically polypropylene and polyethene, forms a substantial portion of the company's expenses for molded products like IBC & Polymer Drums. As these polymers are derived from crude oil, significant price hikes in crude oil or disruptions in polymer supply could have a considerable adverse impact on its operations.
• The manufacturing of MS Drums relies on mild steel (MS), produced using iron ore and sponge iron. Dramatic price increases in these raw materials or disruptions in their supply could materially hinder MS Drum production.
• Manufacturing operations, which are located in Western India (Bharuch, Gujarat and Silvassa, Dadra and Nagar Haveli), may be affected by various factors associated with the region including any political disruptions, natural calamities or civil disruptions, opposition and protests.
• Polymer is a derivative of crude oil and any substantial increase in price of crude oil or decrease in the supply of polymer could materially adversely affect its business. Also the company is exposed to foreign exchange risk.
• Company reported negative cash flows in the past and may continue to do so in the future. Promoters have pledged their own property as collateral for getting the loans, if the company defaults it has to pay to the promoters for their loss. Company also has an unsecured loan of Rs. 13.5131 Crore.
• Any ban on polymer-based packaging by the Government of India may affect its business