UFlex India presents new flexible and holographic solutions amid strong financial performance
11 Aug 2022 --- UFlex in India is unveiling a range of flexible packaging and holography solutions for boosted environmental sustainability and standout shelf appeal. The launches come amid a strong financial performance for the quarter and full-year ending March 31, 2022.
“Our performance in the quarter is reflective of our determined approach to match the fast-paced consumption environment with enhanced production volumes. Across all fronts – be it production or sales volumes, revenue, EBITDA and PAT, new highs have been achieved in Q4 as well as in full FY 21-22,” comments Rajesh Bhatia, Group CFO at UFlex.
“We recently commissioned our new line in Aseptic Liquid Packaging facility at Sanand, Gujarat (India), thereby doubling its capacity to 7 billion packs per annum.”
“What excites me most about the year ahead is the opportunities that will originate from the new Plastic Waste Management (Amendment) Rules 2022 in India and our readiness to embrace them. As a socially responsible organization that has been leading the way in sustainable solutions, we are setting up India’s first U-shaped paper straw line for aseptic carton packs at our Sanand plant, which is already gaining traction from many beverage brands considering the impending ban on single-use plastic.”
Financial results
India’s largest multinational in flexible packaging solutions and a global leader in polymer sciences consolidated EBITDA at 734.4 cr for Q4 FY22, up by 42.2% year-on-year. Meanwhile, consolidated net profit stood at 350.3 cr, up 32.3% year-on-year. The consolidated revenue registered a rise of 52.2% year-on-year, reaching INR 3915.1 Cr in Q4 FY22.
Spout pouch for BB Royal Cold-press’ cooking oil.
The growth in revenue was backed by the higher production and sales volumes of packaging films and packaging businesses. The total production volume witnessed a jump of 26.2% year-on-year to reach 160475 metric tons in Q4 FY22. The total sales volume jumped by 20% year-on-year to reach 164079 metric tons in Q4 FY21-22.
For FY 2021-22, the company achieved consolidated revenue of INR 13224.7 cr, rising by 48.3% year-on-year, driven by 29.3% sales volume growth.
The consolidated EBITDA for FY2021-22 registered a growth of 24.8% year-on-year to reach INR 2280 cr. Consolidated net profit rose by 30.3% year-on-year to INR 1098.3 cr for the same period. The EBITDA margin for FY 21-22 remained healthy at 17.2%.
Fresnel lens self-adhesive holographic.
New packaging solutions
Among UFlex’s new products is a 3D pouch with registered window metallization for Triveni Engineering’s premium brown sugar. The pack’s structure provides a metallic sheen look while allowing consumers to see the packed content. Owing to its 3D structure, the pack stands up, positioning the product uniquely on retail shelves.
The company also developed a reclosable spout pouch with easy pour functionality for BB Royal Cold-press’ cooking oil. Conventionally, edible oil has been packed in either a regular pouch or a rigid bottle, but these formats often offer limited differentiation on shelves. The new structure offers a viable solution for packaging edible oil and replaces the need for rigid containers. Its 3-ply structure also offers standability.
Meanwhile, it has also released several holography solutions, including a self-adhesive holographic labeling solution to prevent counterfeiting and enhance aesthetics. In response to rising counterfeiting cases, UFlex has integrated Registered Fresnel Lens Technology in the labeling solution to give a premium look by placing two lenses at the middle and bottom of the label.
The Fresnel lens used on the printed area reflects light at multiple angles providing a three-dimensional depth and look to the product. The combination of a Fresnel lens that is reflective from various angles along with vibrant printing produces an effect that is both aesthetically striking and instantly recognizable.
The printing technology combines two major features: the first is the registered holographic substrate, while the second involves doing a precise re-registration printing on the same substrate, making it almost impossible to replicate using a compromised set-up. This application is used across several industry verticals, including FMCG and personal care.
Edited by Joshua Poole
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COMPANY DETAILS
A-107-108, Sector - IV
Noida
201301
India
www.uflexltd.com
enquiry@uflexltd.com
Tel: +91-120-4012345
Fax: +91-120-2556040ACTIVE MATERIALS
Ancillary Equipment; Aseptic; Bio-Based; Biodegradable; Business; Caps & Closures; Compostables; Consumer Insights; Design & Branding; E-Commerce; Fiber-Based; Flexible Plastics; Labels & Labeling; Machinery; Marketing; Other Materials; Other Packaging; Other Technologies; Packaging Machinery; Policy & Regulation; Printing & Pre-Press; Recyclable; Research & Science; Reusables; Sustainability
ACTIVE CATEGORIES
Over the last three decades, UFlex has earned an irreproachable reputation defining the contours of the ‘Packaging Industry’ in India and overseas. Since its inception in 1985, it has turned into an over billion dollar turnover company with 9000+ workforce focusing on trust, value creation for customers, quality innovation and customer satisfaction. UFlex has grown from strength to strength with large manufacturing capacities of packaging films and packaging products providing end-to-end solutions to clients across 150 countries spanning USA, Canada, South America, UK, Europe, CIS countries, South Africa and other African countries, Middle East and the South Asian countries. It enjoys a formidable market presence and is today India’s largest flexible packaging materials and Solutions Company and a leading global polymer sciences corporation.
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Integrated within its core business profile of Flexible Packaging & Packaging Films are allied businesses like Aseptic Liquid Packaging, Engineering, Cylinders, Holography and Chemicals which further gives UFlex a superior edge over competition. It has a vast production capacity for Biaxially Oriented Polyethylene Teraphthalate (BOPET), Biaxially Oriented Polypropylene (BOPP) films, Cast Polypropylene (CPP) films, facilities for Printing & Coating Inks, adhesives, Holography, Metallization & PVDC coating, Gravure Printing Cylinders, Gravure Printing, Lamination and Pouch formation.
UFlex serves as one-stop-shop flexible packaging solution provider serving varied sectors spanning FMCG, Consumer Product Goods, Pharmaceuticals, Building Materials, Automobile and much more. The company offers technologically superior packaging for a wide variety of products such as snack foods, candy and confectionery, sugar, rice & other cereals, beverages, tea & coffee, dessert mixes, noodles, wheat flour, soaps and detergents, shampoos & conditioners, vegetable oil, spices, marinates & pastes, cheese & dairy products, frozen food, sea food, meat, anti-fog, pet food, pharmaceuticals, contraceptives, garden fertilizers and plant nutrients, motor oil and lubricants, automotive and engineering components etc. Since COVID-19 pandemic, it has also been manufacturing consumer facing products like N-95 masks and sanitizers.
UFlex enjoys a global reach with unhindered speed making it truly multinational. Headquartered in Noida (National Capital Region, New Delhi), it has state-of the-art manufacturing facilities for packaging films in India, UAE, Mexico, Poland, Egypt, USA, Russia, Hungary & Nigeria. It has a new packaging films plants coming up in Dharwad in South India. In India, its plants are located in Noida & Jammu for packaging products and allied businesses & in Sanand for aseptic liquid packaging. UFlex manufacturing facilities enjoy ISO & HACCP accreditations and its products are approved by FDA.
Some of UFlex’ clients on the global turf include P&G, PepsiCo, Coca-Cola, Nestle, Mondelez, L’Oreal, Britannia, Haldiram’s, Amul, Kimberly Clark, Reckitt, Dabur, ITC, Perfetti, GSK, Agrotech Foods, Mars Wrigley, Amcor, Mondi, UPM Raflatac amongst others.
The company is a winner of various prestigious awards for its products’ excellence, innovation and sustainability from reputed forums like Dow, AIMCAL, WPO, FPA, and more. UFlex became the ‘first company in the world to recycle mix plastic waste’ for which it earned recognition at Davos Recycle Forum in 1995.
UFlex has over thirty years of experience in polymer technology. Setting milestones of success and innovation, the company is known for manufacturing and supplying products, delivering customised flexible packaging solutions and services across the globe to become an inextricable part of customers’ life.
Being a trend-setter in plastic waste recycling, UFlex stands committed to the industry by providing its technical know-how in sustainable packaging solutions thus help creating a circular economy through its global sustainability campaign ‘Project Plastic Fix’.
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Flexible Packaging Business: Flexible Packaging Laminates | Pre-fabricated Pouches | FlexiTubes | Pharmaceutical Packaging | FlexFresh™Modified Atmospheric Packaging | Big Bags | N-95 Masks | Injection Moulded Products
Packaging Films Business: BOPP Films | BOPET Films | CPP Films | Metalized Films | Alox Coated Films | Asclepius™PCR Films | Speciality Films | Polyester Chips
Engineering Business: Packaging Machines | Converting Machines | Recycling Machines | Specialty Product Machines
Aseptic Liquid Packaging Business: Brick Packs | Pillow Packs | Trio Packs | Ultra Lean, Crown and Square Packs| Holography Packs | Embossing Packs | Lens Effects Packs | Foil Stamping Packs | Aseptic Liquid Filling Line
Chemicals Business: Printing Inks | Ink Binders | Laminating Adhesives & Coatings | Specialty Chemicals as Polyols
Cylinders Business: Electromechanical Engraved Printing Rotogravure Cylinders | Embossing Rotogravure Cylinders | Robotic Laser Engraved Rotogravure Cylinders | Specialised Rotogravure Cylinders | Flexo Elastomer Plates and Sleeves
Holography Business: Holograms | Security Documents | Holographic Aluminium Lidding Foil | Holographic PVC Blister | Holographic Films | Holographic Thermal Films | Paper & Board Transfer | Hot Stamping Foils | Sequins Films | Glitter Films | Hot Melt Foil Films | Registered Lens Technology
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