Paper Products is a 59% holding subsidiary of world renowned Euro 2.1 billion collapsible packaging wonder hUHATAMAKI ..Company specialises in Flexible packaging,Labelling Technologies,Specialised Cartons,Packaging Machines, Holographic options etc..
In India the average age of the growing population is only 27 years,and its imperative that for this age group 27 +/- 10 years excellwnt packaging of any consumer product is of paramount importance.Companies business is sustainable over the next many years with 2 digit consumption growth..
With three state of the art, fully integrated manufacturing facilities at Thane, Silvassa and Hyderabad; highly skilled and experienced staff, PPL is capable of working with the customer from product inception to the super market and with complete control and confidentiality.
Today, PP very much matter to those, for whom packaging matters most. And this is reflected in the impressive client list that includes, Levers, Nestle, Cadbury, Britannia, Glaxo Smithkline, Coca Cola, Perfetti, Dabur, Marico, P&G and many others
For a ZERO debt Co. with paid up share capital of Rs.12.5 cr ,a decent turn-over of more than 600 crores ( expected Rs. 750 crs for FY10 ending Dec2010) see actual here .. Latest Q1 results for FY11 declared today are excellent, see HERE .
With EPS more than Rs. 10 for FY11, the share is going very cheap @ CMP of Rs. 57.. Expected price 3 digits in a year time..
Buy recommended with one year Hold ..
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