Category Archives: Press Release

UFlex Closes Q2 of FY19-20 with EBITDA of 279 cr (YoY Growth of 5.4%) & EBITDA Margin of 14.9%

13 November 2019, Noida: UFlex Ltd, India’s largest multinational flexible packaging company and a global player in polymer sciences, today declared its earnings for the quarter ended September 30, 2019 and its consolidated EBITDA for Q2 FY19-20 stood at INR 278.8 cr, showing an increase of 5.4% YoY basis while its consolidated net profit fell marginally by 1.8% YoY to INR 94 cr.

The Total Production Volume during the quarter was 94218 MT as compared to 102442 MT during Sept 2018 quarter and Total Sales Volume for the quarter was 93951 MT as compared to 101081 MT in Sept 2018 quarter. Lower production and sales volume are attributed to closure of one BOPET line in Dubai as it is being shifted to Russia. The company reported consolidated net revenues of INR 1875.3 cr for second quarter of fiscal 2019-20, registering a drop of 7.2% on Y-o-Y basis.

Uflex Starts Q1 FY2019-20 with a Steady Performance

  • Reports 8.7% rise in Consolidated EBITDA & 11.7% increase in Standalone EBITDA Y-o-Y for Q1 FY2019-20

13 August 2019, Noida, U.P (India): Uflex Ltd, India’s largest multinational flexible packaging company, today declared its earnings for the quarter ended June 30, 2019 and reported. The Consolidated Revenue grew by 3.6% to INR 1982 cr in Q1 and EBITDA rose by 8.7% to INR 277.3 cr Y-o-Y. On standalone basis, the revenue increased by 2.23% to INR 1051 crore and EBITDA jumped by 11.7% to INR 132.6 crore. The consolidated net profit dropped by 3.6% Y-o-Y to 90.7 crore for Q1 FY2019-20, due to higher tax provision.

Uflex Net Revenue Up by 18.5% for FY2018-19

Film Business Achieves Highest-ever Production for FY18-19 || CRISIL Assigns Credit Rating of ‘A’ to Long term Debt || Board Recommends Dividend of 20%

27 May 2019, Noida, U.P (India): Uflex Ltd, India’s largest multinational flexible packaging Company, today has announced its earnings for the Quarter ended March 31, 2019 and Financial Year 2018-19.

Q4-2018-19

The consolidated net revenue for Q4FY18-19 rose to INR 2060.6cr as compared to INR 1818.8cr in the corresponding quarter last fiscal; while the company registered EBITDA growth of 13.4% at INR 260.1cr in Q4FY18-19.

PET Based Alu-Alu Packaging by Uflex Adjudged Winner at 4th Annual India Packaging Awards for ‘Excellence in Sustainable Packaging’

May 22, 2019, Noida (India): Uflex was declared winner for Excellence in Sustainable Packaging in the category of ‘Solid Dosage Forms’ for its pharma packaging innovation Alu-Au Laminates at the 4th Annual India Packaging Awards hosted by UBM India, held in Mumbai yesterday.

Uflex team receives Excllence in Sustainable Packaging award at 4th Annual India Packaging Awards for PET based Alu-Alu packaging

India Packaging Awards are the first and only platform to acknowledge the best in Pharmaceutical Packaging Industry for their efforts, contributions, and innovations. Launched in 2016, the awards have been extremely successful in recognizing & honoring the leaders and companies who drive the industry to incredible heights.

Chemicals Business of Uflex Certified with ISO 45001:2018

Noida, April 11, 2019: Upon completion of an extensive Occupational Health and Safety Evaluation, Chemicals Business of Uflex Limited a leading supplier of Inks, Adhesives and Speciality Coatings, successfully migrates to ISO 45001:2018. ISO 45001 is structurally an integration of other ISO Management Systems standards including ISO 9001:2015 and ISO 14001:2015 attained by the business earlier.

ISO-45001-2018

Chemicals Business of Uflex was already in certified with BS OHSAS 18001:2007 certification and has now migrated to ISO 45001:2018. This certification further illustrates the commitment of Chemicals Business to continual growth, improving the health and safety of its employees, reducing occupational hazards and ensuring the best Quality Work Life.