Top 20 Plastic Company in India

The plastic industry in India is a vital sector that contributes significantly to the economy. This article highlights the top 20 plastic companies in India, focusing on their key products, innovations, and market presence. These companies have set benchmarks in quality, sustainability, and technological advancements.

Top 20 Plastic Companies List by Market Capitalisation

The plastics industry in India is dominated by large companies that are involved in the production of a wide range of plastic products. These companies offer a diverse range of products and services to meet the needs of different industries. The ranking list of the top 20 plastics companies in India is based on various factors such as financial performance, market capitalization, and market share.

1. Supreme Industries Ltd

Market Cap: ₹ 69482.44 Cr.
Sales (latest quarter): ₹ 3007.89 Cr.
Net Profit (latest quarter): ₹ 354.82 Cr.
Quarterly profit growth: -1.28 %
Exchange: BSE, NSE
Official Website: supreme.co.in

Supreme Industries Ltd. is one of India’s leading plastics processors, established in 1942. The company has a diverse product portfolio that includes various plastic products such as pipes, fittings, furniture, material handling products, and packaging products. Supreme Industries serves multiple sectors, including construction, infrastructure, automotive, and consumer goods.

2. Astral

Market Cap: ₹ 57956.29 Cr.
Sales (latest quarter): ₹ 1625.1 Cr.
Net Profit (latest quarter): ₹ 181.3 Cr.
Quarterly profit growth: -9.69 %
Exchange: BSE, NSE
Official Website: astralpipes.com

Astral Limited, formerly known as Astral Poly Technik Limited, is a prominent Indian company engaged in the manufacturing of plastic pipes, fittings, and adhesives. Established in 1996, the company has grown significantly over the years, diversifying its product offerings and expanding its market presence both domestically and internationally.

3. Finolex Industries Ltd

Market Cap: ₹ 20407.53 Cr.
Sales (latest quarter): ₹ 1235.42 Cr.
Net Profit (latest quarter): ₹ 161.43 Cr.
Quarterly profit growth: 1.95 %
Exchange: BSE, NSE
Official Website: finolexpipes.com

Finolex Industries Ltd. is one of India's largest manufacturers of PVC pipes and fittings, established in 1981. The company is well-regarded for its quality products and extensive distribution network, serving both agricultural and non-agricultural sectors.

4. Safari Industries (India) Ltd

Market Cap: ₹ 9373.07 Cr.
Sales (latest quarter): ₹ 365.42 Cr.
Net Profit (latest quarter): ₹ 43.19 Cr.
Quarterly profit growth: 13.42 %
Exchange: BSE, NSE
Official Website: safaribags.com

Safari Industries (India) Ltd. is a prominent manufacturer and marketer of luggage and travel-related products in India. Established in 1974, the company has grown to become one of the leading brands in the luggage industry, known for its innovative designs and quality products.

5. Responsive Industries Ltd

Market Cap: ₹ 8286.16 Cr.
Sales (latest quarter): ₹ 288.19 Cr.
Net Profit (latest quarter): ₹ 45.87 Cr.
Quarterly profit growth: 101.72 %
Exchange: BSE, NSE
Official Website: responsiveindustries.com

Responsive Industries Ltd. is a leading manufacturer of vinyl flooring, synthetic leather, and various other polymer products in India. The company has a global presence, exporting its products to numerous countries worldwide. Established in 1982, Responsive Industries has grown to become one of the largest players in its segment, known for its quality products and innovative solutions.

6. V I P Industries Ltd

Market Cap: ₹ 6960.13 Cr.
Sales (latest quarter): ₹ 516.32 Cr.
Net Profit (latest quarter): ₹ -23.88 Cr.
Quarterly profit growth: -160.23 %
Exchange: BSE, NSE
Official Website: vipindustries.co.in

VIP Industries Ltd. is one of India's largest and most well-known manufacturers of luggage and travel accessories. Established in 1971, the company has built a strong reputation for quality, innovation, and design, making it a leading player in the luggage industry both domestically and internationally.

7. Prince Pipes & Fittings Ltd

Market Cap: ₹ 6864.18 Cr.
Sales (latest quarter): ₹ 740.13 Cr.
Net Profit (latest quarter): ₹ 54.65 Cr.
Quarterly profit growth: -41.94 %
Exchange: BSE, NSE
Official Website: princepipes.com

Prince Pipes & Fittings Ltd. is one of India's leading manufacturers of polymer pipes and fittings. Established in 1987, the company has emerged as a key player in the plastic piping industry, offering a wide range of products for various applications including agriculture, irrigation, plumbing, and sanitation.

8. Time Technoplast Ltd

Market Cap: ₹ 6541.16 Cr.
Sales (latest quarter): ₹ 1394.32 Cr.
Net Profit (latest quarter): ₹ 94.26 Cr.
Quarterly profit growth: 45.27 %
Exchange: BSE, NSE
Official Website: timetechnoplast.com

Time Technoplast Ltd. is a prominent Indian company engaged in the manufacturing of polymer-based products for various industries. Established in 1989, the company has diversified its product portfolio over the years and has a significant presence both in India and globally.

Time Technoplast serves a diverse range of industries including packaging, automotive, healthcare, infrastructure, and more. The company has a strong presence both in India and internationally, exporting its products to various countries worldwide.

9. Jai Corp Ltd

Market Cap: ₹ 5283 Cr.
Sales (latest quarter): ₹ 122.74 Cr.
Net Profit (latest quarter): ₹ 23.47 Cr.
Quarterly profit growth: 228.35 %
Exchange: BSE, NSE
Official Website: jaicorpindia.com

Jai Corp Ltd. is a diversified Indian company with interests in various sectors including real estate, manufacturing, and infrastructure development. Established in 1985, the company has grown steadily over the years and has established itself as a significant player in its respective fields.

Jai Corp may continue to explore opportunities for growth and expansion in its existing business segments. The company may focus on delivering innovative and sustainable solutions in its real estate and infrastructure projects.

10. Jain Irrigation Systems Ltd

Market Cap: ₹ 4236.5 Cr.
Sales (latest quarter): ₹ 1726.57 Cr.
Net Profit (latest quarter): ₹ -10.68 Cr.
Quarterly profit growth: 132.03 %
Exchange: BSE, NSE
Official Website: jains.com

Jain Irrigation Systems Ltd. is a well-known Indian company specializing in irrigation technology and solutions. Established in 1986, Jain Irrigation has become a global leader in the field of sustainable agriculture, offering a wide range of products and services for efficient water management and crop production.

Jain Irrigation manufactures a wide range of PVC and HDPE pipes, fittings, and related products for agricultural and industrial applications. Jain Irrigation has a strong global presence, with operations in over 125 countries worldwide. The company exports its products to various regions, including Asia, Africa, Europe, and the Americas.

11. Shaily Engineering Plastics Ltd

Market Cap: ₹ 2945.14 Cr.
Sales (latest quarter): ₹ 170.56 Cr.
Net Profit (latest quarter): ₹ 19.34 Cr.
Quarterly profit growth: 94.76 %
Exchange: BSE, NSE
Official Website: shaily.com

Shaily Engineering Plastics Ltd. is an Indian company specializing in the manufacturing of precision plastic components and injection molded products. Established in 1987, the company serves various industries including automotive, healthcare, electrical, and consumer goods. Shaily Engineering Plastics focuses on quality, innovation, and customer satisfaction.

12. Apollo Pipes

Market Cap: ₹ 2768.39 Cr.
Sales (latest quarter): ₹ 245.79 Cr.
Net Profit (latest quarter): ₹ 6.52 Cr.
Quarterly profit growth: -56.62 %
Exchange: BSE, NSE
Official Website: apollopipes.com

Apollo Pipes is a leading plastic products manufacturer in India. The company specializes in the production of PVC pipes and fittings, which are used in various applications such as plumbing, irrigation, and sewage treatment. Apollo Pipes is known for its commitment to quality and its dedication to customer satisfaction. Some of its popular plastic products include PVC pipes and fittings.

Established in 1988, the company has grown to become one of the prominent players in the plastic pipes industry, offering a wide range of products for various applications including agriculture, irrigation, plumbing, and construction.

13. Nilkamal Ltd

Market Cap: ₹ 2726.32 Cr.
Sales (latest quarter): ₹ 834.19 Cr.
Net Profit (latest quarter): ₹ 35.57 Cr.
Quarterly profit growth: -26.34 %
Exchange: BSE, NSE
Official Website: nilkamal.com

Nilkamal Ltd. is a prominent Indian manufacturer of plastic products and materials, specializing in furniture, crates, storage solutions, and more. Established in 1981, the company has become a household name known for its durable and innovative products catering to various industries and consumers across India and beyond.

Nilkamal manufactures a wide range of furniture including chairs, tables, cabinets, sofas, and beds for residential, commercial, and industrial use. The company produces storage solutions such as crates, pallets, bins, and containers for diverse industries including logistics, agriculture, automotive, and retail. Nilkamal offers home furnishing products like mattresses, curtains, rugs, and curtains, catering to the needs of modern homes. Moulded Furniture, this includes lightweight and durable moulded plastic furniture suitable for indoor and outdoor use.

14. Kingfa Science & Technology (India) Ltd

Market Cap: ₹ 2337.43 Cr.
Sales (latest quarter): ₹ 404.42 Cr.
Net Profit (latest quarter): ₹ 33.55 Cr.
Quarterly profit growth: -8.38 %
Exchange: BSE, NSE
Official Website: kingfaindia.com

Kingfa Science & Technology (India) Ltd. is the Indian subsidiary of Kingfa Science & Technology Co. Ltd., a leading global manufacturer of advanced polymer materials. Kingfa Science & Technology (India) Ltd. operates in the Indian market, providing high-quality polymer materials for various industries including automotive, electronics, consumer goods, and more.

Kingfa Science & Technology (India) Ltd. offers a diverse range of advanced polymer materials including Engineering Plastics, Modified Plastics, Functional Masterbatches, and Specialty Films.

15. SJS Enterprises

Market Cap: ₹ 2237.68 Cr.
Sales (latest quarter): ₹ 186.79 Cr.
Net Profit (latest quarter): ₹ 27.18 Cr.
Quarterly profit growth: 73.6 %
Exchange: BSE, NSE
Official Website: sjsindia.com

SJS is one of the leading companies in the decorative aesthetics sector in India. As a "design-to-delivery" aesthetics solutions provider, we design, develop, and manufacture a diverse product portfolio for customers primarily in the automotive and consumer appliance industries. We offer decals and body graphics, 2D appliques and dials, 3D appliques and dials, 3D lux badges), domes, overlays, aluminum badges, in-mold label or decoration parts, lens mask assembly, chrome-plated, printed and painted injection moulded plastic parts, and more.

In addition to two-wheelers, passenger vehicles, commercial vehicles, consumer durables/appliances, medical devices, farm equipment, and sanitary ware, our product portfolio is diverse. We offer a wide range of products, including decals and body graphics, 2D appliques and dials, 3D appliques and dials, 3D lux badges, domes, overlays, aluminum badges, in-mould labels and decorations, lens mask assembly and injection-molded plastic parts chrome-plated, printed, and painted.

SJS manufactures aesthetic products in a 235,000 square foot facility located in Bengaluru, India. The facility is well designed and the final product is manufactured with minimal movement between manufacturing processes.

The strict and relentless pursuit of quality is one of the reasons SJS is a preferred partner for global majors. With our testing facilities, we are able to replicate real-life conditions and predict life with high accuracy.

16. XPRO India

Market Cap: ₹ 2201.58 Cr.
Sales (latest quarter): ₹ 128.41 Cr.
Net Profit (latest quarter): ₹ 12.43 Cr.
Quarterly profit growth: 226.7 %
Exchange: BSE, NSE
Official Website: xproindia.com

XPRO India Ltd. is a leading manufacturer of polymer processing products in India. The company is known for its innovative products and solutions catering to various industries such as packaging, automotive, consumer goods, and more.

17. Prakash Pipes

Market Cap: ₹ 959.73 Cr.
Sales (latest quarter): ₹ 164.71 Cr.
Net Profit (latest quarter): ₹ 25.36 Cr.
Quarterly profit growth: 28.34 %
Exchange: BSE, NSE
Official Website: prakashplastics.in

Prakash Pipes Ltd. is a prominent Indian company engaged in the manufacturing of high-quality plastic pipes and fittings. The company is known for its extensive range of products that cater to various applications in agriculture, irrigation, construction, and infrastructure.

18. Arrow Greentech

Market Cap: ₹ 870.21 Cr.
Sales (latest quarter): ₹ 50.62 Cr.
Net Profit (latest quarter): ₹ 10.03 Cr.
Quarterly profit growth: -21.46 %
Exchange: BSE, NSE
Official Website: arrowgreentech.com

Arrow Greentech Ltd. is an Indian company specializing in the development and production of innovative biodegradable and water-soluble films. These products cater to various industries, including pharmaceuticals, agriculture, and packaging. The company focuses on creating environmentally friendly solutions to reduce plastic waste and promote sustainability.

19. Kisan Mouldings Ltd

Market Cap: ₹ 760.39 Cr.
Sales (latest quarter): ₹ 59.48 Cr.
Net Profit (latest quarter): ₹ 89.89 Cr.
Quarterly profit growth: 142.68 %
Exchange: BSE, NSE
Official Website: kisangroup.com

Kisan Mouldings Ltd. is a prominent Indian company engaged in the manufacturing of plastic piping and other polymer-based products. The company serves various sectors including agriculture, infrastructure, and construction, offering a diverse range of products designed to meet the needs of these industries.

20. Wim Plast

Market Cap: ₹ 692.72 Cr.
Sales (latest quarter): ₹ 98.09 Cr.
Net Profit (latest quarter): ₹ 16.28 Cr.
Quarterly profit growth: 30.24 %
Exchange: BSE, NSE
Official Website: cellowimplast.com

Wim Plast Ltd. is a well-known Indian company engaged in the manufacturing of plastic furniture and other related products. The company operates under the popular brand name "Cello," which is recognized for its wide range of high-quality, durable, and stylish plastic products catering to both residential and commercial markets.

Conclusion

The plastics industry in India is poised for significant growth, driven by innovation, quality, and sustainability. The top 20 companies mentioned in this article are at the forefront of this dynamic industry, setting the benchmark for excellence and driving the future of plastics manufacturing in India. For the latest updates on their financial performance, strategic initiatives, and other corporate developments, reviewing their official website, financial reports, and market analyses would be beneficial.