B & A Packaging India Ltd

B & A Packaging India Ltd. – Company Report


1. Company Overview


B & A Packaging India Ltd., incorporated in 1986 and headquartered in Kolkata, West Bengal, is a leading Indian manufacturer specializing in paper sacks and flexible laminates. The company was founded to address the growing demand for sustainable and high-strength packaging solutions, particularly for bulk and industrial goods. Its primary manufacturing facility is located in Balasore, Odisha, equipped with advanced technology and stringent quality control systems. Over the years, B & A Packaging India has earned industry recognition for pioneering multiwall paper sack production and emerging as a trusted supplier in sectors such as tea, chemicals, starch, titanium dioxide, and food products.

B & A Packaging India forms part of the B&A Group, which is also renowned for its tea businesses as well as diversified interests in broking and hospitality. The company operates under multiple relevant certifications—ISO 9001:2015, ISO 14001:2015, ISO 22000:2018, ISO 45001:2018, and BRCGS—underlining its emphasis on quality, safety, and sustainability. It is noted for long-term relationships with marquee clients in India and international markets, aligning customized solutions closely with client needs.

Key Facts:

  • Incorporated: 1986
  • Headquarters: Kolkata, West Bengal
  • Manufacturing Facility: Balasore, Odisha
  • Certifications: ISO 9001:2015, ISO 14001:2015, ISO 22000:2018, ISO 45001:2018, BRCGS
  • Production Capacity: ~50 million paper sacks and 3,449 MT flexible laminates per year
  • Market Capitalization (July 2025): ~₹128 crore
  • Client Sectors: Tea, chemicals, food, starch, industrial products

2. Products and Services


B & A Packaging India Ltd. delivers a robust portfolio of high-performance packaging materials for domestic and international customers:

Paper Sacks

  • Multiwall paper sacks: valve, open-mouth, pinch bottom, sewn, reinforced
  • Designed for diverse bulk packaging needs: tea, carbon black, cement, chemicals, pigments, food grains, fertilizers
  • Features: secure storage, moisture resistance, high durability

Flexible Laminates

  • Types: solvent-less, solvent-based, and extruded laminates in reel form
  • Applications: FMCG, processed foods, pharmaceuticals, frozen foods, snacks, beverages, consumer goods
  • Packaging types: center-seal, three-side seal, bottom-gusseted, side-gusseted, custom forms

Value-Added Packaging

  • Custom printing and design for branding
  • Barrier films for oxygen and moisture-sensitive contents
  • Specialty pouches and laminated paper for retail/industrial use
  • Integrated blown-film and conversion lines

Major Clients:

  • Tea Companies: Williamson Magor, Goodricke, Warren, AFT
  • Food & Chemical Companies: Nestle, Indofil
  • Exports: US, Switzerland, Egypt, Kenya, Dubai, Bhutan, Nepal, Bangladesh, Vietnam

3. Recent News & Financial Performance


Recent Developments

  • Focus on expanding the flexible laminate business
  • Investments in automation, tech upgrades, and capacity expansion
  • Continued export growth and compliance with international food safety/environmental norms

4. Financial Performance


Metric FY2025 FY2024
Revenue ₹131 crore ₹129 crore
Net Profit ₹10 crore ₹11 crore
EPS ₹19.82
Operating Profit Margin 11%
Return on Equity (ROE) 13%
Debt Effectively Debt-Free

Financial Summary

FY2025
MetricCompanyIndustry Avg.
Price / Sales0.941.58
EV / EBITDA7.1110.96
Debt / Equity0.020.54
ROE %12.5518
ROCE %17.5520.29
P / B1.52.65
Div Yld %0.40.58
P/E12.5817.38
OPM %10.9113.12
Qtr Sales Growth YOY %0.9724.6
Qtr Profit Growth YOY %-61.8261.5
ROA LAST 12M %10.0212.24
Prom. Hold. %72.3769.09
Sales 3Yrs CAGR %0.8418.24
Sales 5Yrs CAGR %11.7421.27
Profit 3Yrs CAGR %2.5322.37
Profit 5Yrs CAGR %5.3630.41

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