Q1 FY22 Results Presentation
Packaging Films Business
Key Highlights
Segment continues to perform well, despite impact of COVID-19 second wave on domestic markets, owing to:
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New capacities that came on-stream in Hungary and Thailand
Growing product portfolio with two new products and increasing contribution from value-added products
Surge in export freight rates impacted adversely
○ Bolstered the segment mantra of 'Easy to Do Business With':
•
Expanded market footprint to more than 100 countries
Continuous improvement in quality and delivery. Wider and deeper penetration with multinational customers
。 Sustainability initiatives remains one of the key focus areas for the business
Market Trends
In Q1 FY22, demand for BOPET films was subdued, while demand for BOPP films remained healthy
Globally, several new lines are scheduled to commence in BOPET and BOPP - to impact industry margins in the future
Preference towards Global suppliers with multi-locational facilities
Exports freight costs across geographies witnessing an upward trend
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