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Radha Madhav Corporation restarts production in two substantial projects

28 Nov 2014 Evaluate

Radha Madhav Corporation has restarted its production in two substantial projects viz. MOPVC Project comprising of a 5 Roll Calendar, a stretching line and ancillaries imported from Austria, Europe and various destinations with complete overhauling and maintenance work.

Similarly POF manufacturing Line involved from Italy, Europe involving a Cap-Ex of Rs 15.5 crore during setting up has also been put back in production with complete overhauling. These two projects shall have a significant positive impact on the business of the Company. These products shall cater to existing customers in Pharmaceutical, FMCG and general packaging sector. Facing very insignificant and negligible competition for the mentioned products; Company shall have better positioning in expanding its Franchise Model.

Radha Madhav Corporation activities can be divided into two areas; primary packaging and secondary packaging. Primary packaging is again divided into flexible division and folded carton division while secondary packaging includes products like liners, specialty thermoformable films, cartons and various profiles for varied applications.

Peers
Company Name CMP
Uflex 659.00
EPL 238.90
AGI Greenpac 745.50
Huhtamaki India 244.75
TCPL Packaging 3863.20
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