Polycon International Ltd Share Price

Polycon International is a public company having listing on major stock exchanges of India. It is a flagship company of the dynamic business family of Baids who promoted this company in 1994 with a wide vision. The company has the mixture of experienced and young professionals to manage the affairs and is the leader in India in its field of operations. They have the international operations in Abu Dhabi in the name of Polycon Gulf Ltd. and in Nepal in the name of Polycon Nepal Ltd. Apart from this; the company is exporting its products throughout the world.

Polycon International is primarily engaged in processing various kinds of plastics like LLDPE, HDPE, PVC, PP, PET, ABS; manufacturing Rotational Moulding, Extrusions, Stretch Blow Moulding and Injection moulding products. It is a leader in the field and enjoys a brand reputation.

In rotational moulding, the name of Polycon is synonymous of water storage tanks in India. Apart from manufacturing storage tanks, the company makes a wide variety of other rotational moulded items viz. household articles, iceboxes, industrial containers and chemical storage tanks, pallets etc. In the field of extrusions, they  manufacture PVC profiles for doors and windows, Rigid PVC pipes and fittings thereof. In stretch blow moulding, the company has Eleven Nissei ASB 70 DPH Japanese machines and is among the leading manufacturers of PET Bottles and Jars in India. In injection moulding, the company is engaged in the manufacture of Closures for Bottles and Jars and Telephone Equipment plastics in ABS.

The company has multiple production facilities spread out throughout the country to serve the customers in all corners, it has plants at Chennai in the south, Bhiwadi (near Gurgaon) in the north and Jaipur in western India.

The company has an all India network of dealers and distributors and has more than 1000 dealers in different parts of the country. The institutional customers include major multinationals operating in India and the national players as well. The international ventures are also doing very well and are enjoying the reputation in the entire Middle East.

The company had a Group turnover of Rs 260 million last year and is expected to do better this year as new expansions are in the pipeline.

Product range of the company includes:

• Water Storage Tanks
• Jars 
• Bottles & Caps 
• Telephone Sets

Future plans :

For next year

• Acquisition of two more machines to cater to the rising demand for Jars; pharmacutical & Liquor bottles. The deal is already under negotiation.
• Acquire 2 Vertical Machining Centres and develop in-house CAD centres to manufacture the moulds and dies faster and accurately than earlier. One is already with us and is under installation.
• Acquire 2 injection molding machine to calls to closers market.

For next 3 years ending March 2011

Increase the number of PET stretch blow-moulding machines to 15 based on the projected demand of liquor, cosmetic, confectionery and pharmaceutical industry. Expansion in injection moulding division to cater the need of HFCL, Shyam Telecom and Dabur India Limited and develop new business.

Areas of Focus:

• Pharmaceutical bottles
• Liquor Bottles
• Cosmetic bottles
• Beer bottles in PET with plasma coating
• Jars of confectionary and herbal products