Manjushree Technopack Limited: FY25 Performance

10 July 2025

Manjushree Technopack Limited delivered a robust financial performance in Fiscal Year 2025 (FY25), notably achieving a 21% year-over-year growth in Total Revenue. This growth, as highlighted in the Chairman's Speech, was fueled by a strong post-pandemic recovery and increased global demand for durable and sustainable rigid plastic packaging across diverse sectors including food, beverage, healthcare, pharma, paint, and chemical. Further drivers included rising consumer preferences for convenience and hygiene, expanding penetration of organized retail, and growth in exports. The Company also continued to invest in upgrading technology and processes to deliver superior solutions.

• The Company's Profit After Tax (PAT) saw a significant surge, primarily influenced by an exceptional gain of ₹201.96 Cr from the extinguishment of financial liabilities due to the conversion of Compulsorily Convertible Debentures (CCDs) into equity shares (The Holding Company, Al -Lenarco Midco, vide its conversion notice dated March 26, 2025 sent to the Company, stated its intention to convert the CCDs issued up to March 31, 2024 into 18,101,306 equity shares of ₹2 each fully paid up. The Board of Directors of the Company took cognizant of the said notice in their meeting held on March 28, 2025 and approved the conversion of 58,721,747 CCDs into 18,101,306 equity shares of  ₹2 each, fully paid up, on the said date. The recorded value of liability component of the said CCDs aggregated to ₹20,196.02 Lakhs .The said equity shares were issued on March 28, 2025 and the Company completed necessary filings with Registrar of Companies, Karnataka on April 15, 2025).This, along with strong operational results, contributed to the improved Net Profit Margin.
• Total Assets and Total Equity also experienced substantial growth, largely driven by the strategic acquisition of the 'Manufacturing, trading and Sale of Plastic Closures and Preforms' business from Oricon Enterprises Limited for ₹540.1 Lakhs. This acquisition added significant property, plant, equipment, and intangible assets, enhancing the Company’s capabilities.
• For a more comprehensive understanding of the Company’s performance and strategic outlook, including the management discussion and analysis, investors are encouraged to refer to the Chairman's Speech and Board's Report within the annual report. The Manjushree Technopack Limited Annual Report for FY 2024-25, along with the Notice for the 38th Annual General Meeting, is being sent electronically to shareholders and is also available on the Company's website. The 38th Annual General Meeting will be held on Friday, July 25, 2025, at 11:30 a.m. (IST), conducted through Video Conferencing (VC) / Other Audio-Visual Means (OAVM), in compliance with Ministry of Corporate Affairs circulars.