India is a rapidly evolving market due to its dynamic consumer preferences. Logistics and marketing are key tools to strongly place the product among the audience. The one industry catering to these aspects is – Containers and packaging.
This industry helps preserve, protect, place and market the products effectively. Due to its widespread necessity across sectors like FMCG, e-commerce, pharmaceuticals, etc., the industry has potential growth prospects. The flexible packaging industry in India is expected to grow at 12.7% CAGR up to FY 28.
Explore these top 10 container and packaging stocks and diversify your portfolio in this futuristic industry.
Also, read: What Makes a Stock the Best for Long-Term Investments?
Top 10 container and packaging stocks in 2025
The following top 10 companies belong to both the packaging and container industries. They are listed based on the decreasing order of their market capitalisation as of April 9, 2025.
| Particulars | Market Capitalisation (in ₹ crores) | Return on Equity(%) | P/E ratio(in times) |
| AGI Greenpac Ltd. | 4,742.34 | 14.51 | 16.32 |
| TCPL Packaging Ltd. | 3,495.23 | 21.40 | 25.87 |
| Uflex Ltd. | 3,483.86 | 4.86 | 13.10 |
| Jindal Poly Films Ltd. | 2,782.36 | 1.74 | 16.16 |
| Huhtamaki India Ltd. | 1,468.14 | 5.52 | 22.69 |
| Cosmo First Ltd. | 1,407.78 | 4.53 | 11.61 |
| Ester Industries Ltd. | 1,020.36 | (18.11) | 0.00 |
| Pyramid Technoplast Ltd. | 598.28 | 17.84 | 21.89 |
| Shree Rama Multi-Tech Ltd. | 436.85 | 14.21 | 24.13 |
| Shree Tirupati Balajee Agro Trading Co. Ltd. | 360.70 | 20.68 | 12.28 |
(As of April 9, 2025)
Learn about these packaging and container stocks in detail.
- AGI Greenpac Ltd.
The company specialises in the manufacturing of glass containers and earned 89% of the revenue from the segment in Q3 FY 25. Established in 1981, the company has built a diversified portfolio of clients like Coca-Cola, Bira, Tuborg, Bacardi, Kingfisher, etc. Its financials are as follows:
| Particulars | FY 2024 | FY 2023 | Change(%) |
| Revenue (in ₹ crores) | 2,420.87 | 2,281.47 | 6.11 |
| Net Profit (in ₹ crores) | 251.32 | 261.63 | (3.95) |
| Operating Cash Flow (in ₹ crores) | 588.38 | 522.52 | 12.6 |
It is one of the best containers stocks with an Earnings Per Share(EPS) of ₹44.89 as of April 9, 2025. However, its share price has declined by 15.7% in a year for the similar period.
- TCPL Packaging Ltd.
This company is popular for its paper-based and flexible packaging products. The company’s net profit in Q3 FY 25 has surged by 94% in Q3 FY 24. Its financials are as follows:
| Particulars | FY 2024 | FY 2023 | Change(%) |
| Revenue (in ₹ crores) | 1,541.38 | 1,471.88 | 4.72 |
| Net Profit (in ₹ crores) | 101.36 | 110.44 | 8.22 |
| Operating Cash Flow (in ₹ crores) | 233.98 | 109.34 | 113.99 |
As of April 9, 2025, TCPL has generated one of the highest returns of 75.38% among the packaging stocks. Its EPS is ₹148.46 for a similar period.
It is India’s largest flexible packaging solution company in India in terms of consolidated revenues for FY 2024. Established in 1985, the company has 16 manufacturing units and 5000+ customers. Its financials are as follows:
| Particulars | FY 2024 | FY 2023 | Change(%) |
| Revenue (in ₹ crores) | 6610.22 | 6778.89 | (9.09) |
| Net Profit (in ₹ crores) | 160.98 | 243.72 | (33.94) |
| Operating Cash Flow (in ₹ crores) | 434.34 | 237.96 | 82.52 |
The company’s share is trading at ₹481 as of April 9, 2025. Its EPS has been declining since FY 2022.
- Jindal Poly Films Ltd.
The company is a leading manufacturer of several highly engineered films used for flexible packaging, lamination, etc. The company exports its products to 80+ countries. Its financials are as follows:
| Particulars | FY 2024 | FY 2023 | Change |
| Revenue (in ₹ crores) | 3925.56 | 4696.87 | (16.42) |
| Net Profit (in ₹ crores) | 71.49 | 318.92 | (77.58) |
| Operating Cash Flow (in ₹ crores) | 132.93 | (565.53) | 123.50 |
The share price of Jindal Poly Films is trading at ₹635. Based on the quarterly performance, the company has revived from the diving financials of FY 2024.
- Huhtamaki India Ltd.
The company is a part of the global packaging group Huhtamaki Oyj. Established in 1935, the company has a pan-India presence. Due to its global exposure, the company reports financials at the end of the calendar year as follows:
| Particulars | 2024 | 2023 | Change |
| Revenue (in ₹ crores) | 2521 | 2549 | (1.09) |
| Net Profit (in ₹ crores) | 88 | 410 | (78.53) |
| Operating Cash Flow (in ₹ crores) | 142 | 274 | (48.17) |
The company’s stock is trading at ₹194.36 as of April 9, 2025. The declining trend of financials and share prices may worry investors.
- Cosmo First Ltd.
Cosmo is the world’s largest producer of thermal lamination films and is popular for its speciality exports. Established in 1981, the company has built a robust portfolio of clients such as Nestle, Parle, Mars, Britannia, P&G, etc. Its financials are as follows:
| Particulars | FY 2024 | FY 2023 | Change |
| Revenue (in ₹ crores) | 2587.34 | 3065.29 | (15.59) |
| Net Profit (in ₹ crores) | 62.19 | 245.75 | (74.69) |
| Operating Cash Flow (in ₹ crores) | 245.22 | 465.16 | (47.28) |
The company’s share price has declined by 4.8% in the 1-year time frame as of April 9, 2025. Based on quarterly performance, its EPS may increase substantially in FY 25 compared to FY 24.
- Ester Industries Ltd.
Established in 1985, the company has headquarters in Gurgaon and exports to nearly 50 countries. The company specialises in polyester films and plastic compounds. Its financials are as follows:
| Particulars | FY 2024 | FY 2023 | Change |
| Revenue (in ₹ crores) | 1063.44 | 1114.13 | (4.54) |
| Net Profit (in ₹ crores) | (121.04) | 136.89 | (188.42) |
| Operating Cash Flow (in ₹ crores) | 43.78 | 57.73 | (24.16) |
The company’s EPS has been in the negative trend from FY 2023. Moreover, its return on equity is also negative for FY 2024.
- Pyramid Technoplast Ltd.
Incorporated in 1997, the company specialises in industrial packing solutions and drums. It serves key industrial clients like Deepak Nitrate, Adami Wilmar, Patanjali, Asian paints, etc. Its financials are as follows:
| Particulars | FY 2024 | FY 2023 | Change |
| Revenue (in ₹ crores) | 532.42 | 480.02 | 10.91 |
| Net Profit (in ₹ crores) | 29.34 | 31.74 | (7.56) |
| Operating Cash Flow (in ₹ crores) | (3.81) | 38.95 | (109.78) |
It is one of the youngest container and packaging sector stocks in this list. Its share price has declined by 2.7% in the 1-year time frame as of April 9, 2025.
- Shree Rama Multi-Tech Ltd.
The company is mainly engaged in the manufacturing of laminated and plastic tubes. Its major clients include Emami, Dabur, Sun Pharma, Cadilla Pharmaceuticals, etc. Its financials are as follows:
| Particulars | FY 2024 | FY 2023 | Change |
| Revenue (in ₹ crores) | 177.69 | 196.26 | (9.46) |
| Net Profit (in ₹ crores) | 9.96 | 5.04 | 97.61 |
| Operating Cash Flow (in ₹ crores) | 20.84 | 2.66 | 683.45 |
As of April 9, 2025, the share price of Shree Rama Multi-Tech Ltd. has surged by 29.8% in the 1-year time frame.
- Shree Tirupati Balaji Agro Trading Co. Ltd.
The company mainly manufactures Flexible Intermediate Bulk Containers (FIBC) and caters to a wide range of clients from mining, agrochemical, lubricants, etc., industries. Its financials are as follows:
| Particulars | FY 2024 | FY 2023 | Change |
| Revenue (in ₹ crores) | 539.66 | 475.43 | 13.50 |
| Net Profit (in ₹ crores) | 36.07 | 20.71 | 74.16 |
| Operating Cash Flow (in ₹ crores) | (26.49) | 36.89 | (171.80) |
The company recently launched a successful Initial Public Offer in September 2024. The IPO was subscribed 124 times. However, its share price has dived by nearly 46% as of April 9, 2025.
Strengthen your investment basics: Introduction to Fundamental Analysis
Bottomline
The majority of container and packaging stocks have experienced the pressure of global uncertainties in FY 2024. However, the projected growth of the industry makes it a potential investment avenue. Investors should determine their investment objectives and risk profile to make investment decisions.
Explore more: Stock Market Investing: A Step-by-Step Guide for Beginners
FAQs
- What is the future of the packaging industry in India?
The flexible packaging industry is projected to grow at 12.7% CAGR from 2024 to 2028. In this period, the industry is expected to add US $15.6 billion. Moreover, the growing demand for other industries like FMCG, e-commerce, etc., also highlights potential growth opportunities for the packaging industry stocks.
- Which types of stocks are considered container stocks?
The companies manufacturing related materials or final container products are considered under the umbrella of container stocks. These products are plastic or polymer films, metal containers, lamination sheets, etc. Usually, these companies cater to industrial, pharmaceutical, food processing, FMCG, etc., industries.
- What does the P/E ratio indicate?
The price-to-earning ratio is used as a valuation metric to assess the current market price that investors are willing to pay against the earnings per share. Usually, it is considered relatively, meaning if it’s higher than the industry average, the stock may be considered overpriced and vice versa.
- How to analyse packaging and container stocks?
Investors can analyse these stocks compared to industry growth prospects. Moreover, one should analyse the fundamentals of the stock, its earning trend, margins, and share valuation metrics. Apart from this, investors should determine whether the stock is suitable for their risk profile.
- How to interpret debt-to-equity ratio?
The capital structure of a company consists of borrowing and equity. The debt-to-asset ratio will indicate the level of borrowing compared to equity in the company. The higher this ratio, the higher the debt levels compared to equity. It may raise concerns about the debt management attitude of the company.
