Barflex Polyfilms Ltd. – Company Report
1. Company Overview
Barflex Polyfilms Ltd., incorporated in 2005 and headquartered in New Delhi, is a prominent Indian manufacturer of flexible packaging materials serving a diverse array of industries. Originally launched as Hitkari Polyfilms Private Limited, the company adopted its current name in June 2005 and subsequently converted to a public limited company in early 2024. Barflex Polyfilms specializes in the production of advanced multi-layer (COEX) films, flexible laminates, industrial packaging films, labels, and vacuum packaging solutions. Its products are essential for fast-moving consumer goods (FMCG), processed foods, pharmaceuticals, beverages, dairy, edible oils, chemicals, paints, adhesives, and bulk industrial applications.
With deep expertise and strong relationships with both large national and international customers, Barflex Polyfilms leverages state-of-the-art technology and innovative research to serve demanding packaging needs, including high barrier and specialty functional films. The company has steadily enhanced its market presence, marked by significant growth and a well-regarded reputation for reliability and technical excellence.
2. Products and Services
Barflex Polyfilms Ltd. delivers a comprehensive range of flexible packaging and labelling solutions designed to protect, preserve, and present products effectively across multiple sectors:
COEX Multi-Layer Films (3–5 Layer PE Films):
- 3-layer films for milk, water, and general laminations
- 5-layer films for edible oil, ghee, and high-barrier applications
Flexible Printed Laminates:
- 2-ply laminates for general FMCG products (snacks, detergents, teas, and spices)
- 3-ply and 4-ply laminates for premium and ready-to-eat food products, medicines, and specialized items
- Barrier laminates for oxygen-sensitive and perishable contents
Industrial and Bulk Packaging Films:
- Stretch films, pallet wrap, shrink films, and skin packaging films with surface protection capabilities
- Vacuum packaging pouches and bag-in-box solutions for the food service, pharmaceuticals, and industrial sectors
- FIBC (Flexible Intermediate Bulk Container) liners for protective bulk storage
Labels and Shrink Sleeves:
- High-quality PVC shrink labels and BOPP labels with multi-color printing (up to 10 colors), catering to FMCG and beverage packaging, as well as decorative and branding requirements
Specialty Products:
- Aluminium foil laminated shrink labels, blister packaging for pharmaceuticals, and custom packaging machinery advisory
Barflex Polyfilms also offers value-added advisory and design support to help customers select the most suitable packaging solutions, optimize packaging costs, and develop bespoke packaging systems adapted to specific product and market needs.
3. Recent News & Financial Performance
Recent News:
- In 2024, Barflex Polyfilms completed its conversion to a public limited company and executed a public issue, aligning with its expansion and growth objectives.
- Operational focus remains on extending capacity in high-barrier packaging and further penetration in pharma, industrial, and FMCG packaging segments.
4. Financial Performance:
| Metric | FY2025 |
|---|---|
| Total Revenue | ₹109.87 Cr |
| Profit After Tax (PAT) | ₹15.47 Cr |
| EPS | ₹6.25 |
| Operating Profit Margin | 20% |
| Net Profit Margin | 15% |
| Return on Equity (ROE) | 17.02% |