Rajshree Polypack Clinches ₹31.7 Million Contract, Expands Footprint in Premium Food-Grade Packaging

Image Source: Gulfood Manufacturing

Rajshree Polypack Ltd. (RPL), one of India’s fastest-growing rigid-plastic packaging companies, has landed a ₹31.7 million order from a leading domestic FMCG conglomerate to supply high-barrier, recyclable polypropylene tubs for an upcoming dairy-dessert line. The company disclosed the win in a late-Tuesday exchange filing, calling it “strategically significant” because it opens the door to a multi-SKU, multi-year pipeline with the client.

The contract will be serviced from RPL’s new Unit-IV plant in Daman, which houses Europe-imported in-mould-labelling (IML) machinery and can scale output 25 % without further capex. First deliveries are scheduled for August, with full ramp-up by Q3 FY 26.

Key Highlights

Deal size: ₹31.7 million; initial tenor 12 months with extension clause.
Product scope: 250 ml and 500 ml IML polypropylene cups; 100 % microwave-safe and fully recyclable.
Capacity utilisation: Order lifts Unit-IV utilisation to 78 %, boosting fixed-cost absorption.
Margin outlook: Management guides for EBITDA margin of ~19 % on this contract, above FY 25 blended margin of 16 %.
Strategic fit: Reinforces Rajshree’s pivot toward value-added, sustainability-led packaging solutions for dairy, nutraceuticals and QSR clients.
Future pipeline: Client evaluating two additional SKUs that could double annual value to ₹65 million.
Employment: Adds 40 shift technicians; skilling program partnered with CIPET for advanced mould-maintenance training.

With this win, RPL’s unexecuted order book crosses ₹510 million, offering 2.1× FY 25 revenue visibility and strengthening its position in the premium rigid-packaging niche.

Source: Company filing to BSE/NSE under Regulation 30, 18 June 2025.