Mumbai, May 13, 2025 – Shares of Jindal Poly Films Ltd gained in Monday’s trade after the company announced a substantial investment by its subsidiary in expanding manufacturing capabilities. The stock was last seen trading at ₹674.95up ₹11.60 or 1.75% on the Bombay Stock Exchange (BSE), reflecting investor optimism following the company’s strategic growth announcement.
The stock opened at ₹680.00 and touched an intraday high and low of ₹680.10 and ₹663.95respectively. The total volume traded on the counter stood at 2,104 shares.
JPFL Films, a wholly-owned subsidiary of Jindal Poly Films, has announced an investment of ₹700 crore for the establishment of new BOPP (biaxially-oriented polypropylene), PET (polyethylene terephthalate), and CPP (cast polypropylene) lines in Nashik, Maharashtra. The new units are expected to become operational over the next 2 to 3 years.
This expansion is in addition to the ongoing Line 9 BOPP projectwhich was announced in August 2024. It marks the company’s continued commitment to scaling up production capacity, advancing its capabilities, and reinforcing its leadership in the flexible packaging sector.
The expansion is strategically aligned with Jindal Poly Films’ efforts to strengthen its market position amidst industry-wide challenges, including pricing pressures and demand-supply imbalances. Despite these headwinds, the company has reported a 43% year-on-year growth in Net Revenue from Operations during the first nine months of FY 2024-25.
The flexible packaging segment remains one of the fastest-growing sectors globally, with widespread application in food and beverages, personal care, pharmaceuticals, and industrial packaging.
The new film lines are expected to feature state-of-the-art width and output capacitiessetting a new benchmark in production efficiency, equipment quality, and operational reliability. These upgrades are designed to meet growing customer demands while supporting sustainable and efficient manufacturing.
Jindal Poly Films is India’s largest manufacturer of BOPET and BOPP filmswith a strong footprint in both domestic and international markets. It produces:
BOPET and BOPP films
Metalized and coated versions of BOPET and BOPP
Polyester chips (used internally for BOPET production)
Key Market Metrics:
Current Price: ₹674.95
52-week High: ₹1,145.50 (Dec 10, 2024)
52-week Low: ₹466.15 (June 4, 2024)
Market Cap: ₹2,942.67 crore
Shareholding Pattern:
Promoters: 74.55%
Institutions: 3.55%
Non-Institutions: 21.90%
JPFL Films’ investment in cutting-edge film production technology underscores its long-term vision for global competitiveness, customer satisfaction, and product innovation. The company’s robust infrastructure, ongoing expansion, and technological adoption position it well to capitalize on increasing demand in the packaging industry.
With capacity expansion, technological upgrades, and a focus on quality, Jindal Poly Films continues to position itself as a pioneer in flexible packaging solutions and a preferred partner across industries.
Jindal Poly Films Rises on Rs 700 Crore Expansion Plan by Subsidiary JPFL Films