Purity Flex Pack Ltd

Key Stats

₹2.04
Day's Price Range
₹2.04
₹0
52-Week Price Range
₹2.04

Company Financials

  • Annual
Value in ₹ crore

Peer Comparsion

PE
Rank 462
EPS
Rank 466
BVPS
Rank 541
Dividend Yield
Rank 185
ROE
Rank 562
1.12%
Price To Book Ratio
Rank 364
Debt To Asset
Rank 528

Company Information

A company in the field of flexible packaging Purity Flex Pack was incorporated as a private limited company in Mar.88. It became a public limited company in Nov.89. It was promoted by Tapan T Patel and associates.The company has a technical collaboration with Lawson Mardon UK. It came out with a public issue in Apr.90 to set up a project for the manufacture of 1300 tpa of multilayer barrier films by plastic lamination process at Baroda Gujarat. Commericial production commenced in 1990.In 199192 the company expanded the installed capacity to 2600 tpa to partfinance which it came out with a rights issue. Its reputed clientele includes Godrej Tata Soap Brooke Bond Lipton Polar Latex etc.Company could achieve better contribution due to inputs on modernisation mainly on printing as well as material handling facilities. Company still contiunes on strong productivity technical input that gained higher share considerably in Speciality Product Area. Company also worked out with Supplier Base to effectively manage the raw material price reducing inventory cost which has brought tighter control over the manufacturing expenses which will result into further more market share to the segment.During the year 19992000 the company has tied up an arrangement with TATRAPACK a multinational company for securing its order for packaging for all its domestic requirement.
OrganisationPurity Flex Pack Ltd
HeadquartersPanchmahals
IndustryPackaging