Kanpur Plastipack Reports Robust Q2 FY27 Earnings, Net Profit Doubles To ₹16.06 Crore; H1 Income Climbs 28.6%

Mumbai-based Kanpur Plastipack Limited disclosed its strong second quarter and half-year financial results for the fiscal year 2026-27 on October 27, 2026. The company reported a significant surge in both revenue and profitability. Notably, the company's EBITDA for Q2 FY27 expanded by 58.5 percent year-over-year to ₹26.62 crore. The EBITDA margin for the quarter improved by 100 basis points to 11.1 percent.

For the half year ending September 30, 2026 (H1 FY27), Kanpur Plastipack's consolidated total income rose by 28.6 percent from the previous year, reaching ₹449.15 crore. The net profit for H1 FY27 increased by an impressive 82.8 percent to ₹27.73 crore. Furthermore, the company's EBITDA saw a growth of 47.9 percent to ₹48.36 crore.

The food industry remained the primary end market for Kanpur Plastipack in Q2 FY27, contributing 44 percent of the mix. Industrial packaging accounted for 23 percent, while construction contributed 12 percent.

Geographically, Europe was Kanpur Plastipack's largest market, constituting 65 percent of the company's geographical presence. North America accounted for 17 percent, and South America contributed 14 percent, reflecting the company's export-oriented strategy.

The company is also advancing with several expansion projects. The construction of the new FIBC Division - Unit 3 building on Gajner Road is expected to be completed by October 30, 2026. Additionally, machinery for both phases of this unit has been received and will be commissioned by November 15, 2026, although there are delays due to heavy rainfall in Kanpur.