Anand Rathi, Knack Packaging Ltd
Knack Packaging Limited is an integrated, innovation-driven, exportoriented packaging solutions provider engaged in the manufacturing of Printed and Laminated Woven Polypropylene (PLWPP) bags, including PLWPP pinch bottom bags. The company serves as a key supplier of customized, high-strength packaging solutions catering to a diversified range of end-use industries such as food grains, flour, sugar, pet food, agriculture, fertilizers, chemicals, detergents, cement, and construction materials. Since inception, Knack Packaging has progressively expanded its product portfolio from basic woven bags to advanced value-added packaging formats, including metallized bags with windows, block bottom bags, gusseted bags, and shopping bags. It serves leading Indian names like Baba Agro Food Limited, Drools Pet Food Private Limited, Ebro India Private Limited, KRBL Limited, and DCM Shriram Limited, along with global brands across 68 countries, including Cargill, Cristo S.A., and Repi Soap and Detergent PLC. Exports contribute a major share of operations, with the United States, Mexico, and South Africa accounting for 35.19% of total exports.
Valuation and Outlook
Overall, Knack Packaging is well positioned to benefit from structural growth in flexible packaging demand, supported by integration, scale and export presence. Hence, we assign a Subscribe for Long Term rating for the issue.
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Knack Packaging - 290626 - anand