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Plastic Packaging Market – India March 2014


Executive Summary Market

Drivers & Challenges

Key Trends

Competitive Landscape

 India’s plastic packaging industry has exhibited rapid growth and development in recent years  The market for packaging plastics in India is expected to grow at a CAGR of x% during the forecast period of 20-- 20- In terms of volume it is expected to grow at a CAGR of x1% during the period 20-- - 20-Drivers: - Retail Growth and Increased Consumerism - High Demand from Food and Beverage Industry - Rise in FMCG sector - Growth in Pharmaceutical Market - Growing Paint and Lubricant Industry - Untapped Market Potential - Changing Lifestyle - Increasing Demand from Rural Sector - Logistics Advantage  Flexible Packaging is Gaining Preference  Use of In-Mold Label  Plastic Packaging of Beer  Multi-layer Plastic for Longer Shelf Life of Milk  Avant-garde Use of Bioplastics in Packaging  Other Trends

Challenges: - Ban on Plastic Packaging - Rise in Price of Raw Materials - Lack of Packaging Machinery

SAMPLE

Major Players Player A

Player B

Player C

Player D

PLASTIC PACKAGING MARKET IN INDIA 2014.PPT

Player E

Player F

2


•Economic Indicators •Introduction •Market Overview •Drivers & Challenges •Key Trends •Competitive Landscape •Strategic Recommendations •Appendix PLASTIC PACKAGING MARKET IN INDIA 2014.PPT

3


SAMPLE

Economic Indicators (1/3) GDP at Factor Cost: Quarterly INR tn 15

13

p1 o1 n1

12

m1

14

14.71 n4 m4

o3 n3 m3

p2 o2 n2 m2

11

Q2 20-- - --

Q1

20-- - --

20-- - --

Q3 20-- - --

Q4

Inflation Rate: Monthly % 2.0

x

1.5

a y

1.0

b z

0.5 0.0

Jun 2013 - Jul 2013

Jul 2013 - Aug 2013

Aug 2013 - Sep 2013

Sep 2013 - Oct 2013

MEDICAL DEVICES MARKET IN INDIA 2014.PPT

Oct 2013 - Nov 2013 4


Packaging of a product is done due to numerous reasons that include

SAMPLE

Types of Packaging (By Function)

Protective Function

Convenience Function

Environmental Function

Psychological Function

• Packaging helps the product from being damaged due to various reasons such as  A1  A2  A3  A4

• Packaging plays an important role in allowing products to respond to the demands and needs of modern consumers Examples include  B1  B2  B3

• Packaging reduces the amount of waste going to landfill • Without the benefit of packaging to preserve food, a higher proportion of food would become spoiled and consequently consigned to garbage collection for land disposal

• Marketing trends are placing increasing emphasis on the look, sales appeal and quality of retail packaging • Packaging helps sell products by providing product differentiation and presentation, greater brand awareness and convenience

PLASTIC PACKAGING MARKET IN INDIA 2014.PPT

5


Indian packaging industry is expected to grow at a rapid rate to accommodate the country’s economic growth Market Overview

Packaging Market Size (By Value)

• India is one of the fastest expanding packaging markets in the world, growing at a CAGR of X • It is the sixth largest packaging market in the world • This growth trend is expected to continue in the future, owing to greater demand due to economic growth • It is expected to become the world’s fourth largest packaging market by 20--

INR -3,000 2,500 2,000 1,500 1,000 500 0

X

x1

x2

20--

2---e

x4

x3

20--e

20--e

x6

x5

20--e

20--e

x7

20--e

Market Segmentation Unorganised Organised

a1

b6

b7 b8

b1 b1

b5

b2 b3 b4 b5

b4 a2

b2 b3

PLASTIC PACKAGING MARKET IN INDIA 2014.PPT

b6 b7 b8

6


Plastics have a dominant share of the Indian packaging market Market Overview

Plastic Packaging Market Size (By Value)

• Plastic is the most important packaging material • In the Indian packaging industry, roughly X-Y% of the industry’s revenues are from plastic based materials  Plastics have increasingly replaced traditional materials in this sector due to their light weight and superior functionality  Hence, it is expected that share of plastic packaging in the overall packaging industry will increase in the coming years

• The market for packaging plastics in India is expected to grow at a CAGR of A% during the forecast period of 20-- 20- Growth in various sectors in India such as FMCG, food & beverage , pharmaceutical etc are the drivers for the increased usage of plastics in packaging

• The plastic packaging industry consists of rigid and flexible plastics • Consumer preference for the use of convenient packaging and affordable quantities is driving the market towards flexible packaging in India  One of the main reasons for the ongoing success of flexible packaging in India is the smaller quantity of a product that can be packed in these packages as compared to traditional packaging

INR bn 2,500 2,000

A

1,500

a4

1,000

a1

a2

20--

20--e

a3

a5

a6

a7

500 0

20--e

20--e

20--e

20--e

20--e

Plastic Packaging Market Size (By Volume) mn MT 10

B

8

b2

6 4

b1

2 0

PLASTIC PACKAGING MARKET IN INDIA 2014.PPT

20--

20--e

Note: MT refers to Metric tonnes

7


Drivers & Challenges – Summary Drivers Retail Growth and Increased Consumerism High Demand from Food and Beverage Industry Rise in FMCG sector

SAMPLE Challenges

Growth in Pharmaceutical Market

Ban on Plastic Packaging

Growing Paint and Lubricant Industry Untapped Market Potential

Rise in Price of Raw Materials Lack of Packaging Machinery

Changing Lifestyle Increasing Demand from Rural Sector Logistics Advantage

PLASTIC PACKAGING MARKET IN INDIA 2014.PPT

8


Demand for plastic packaging will expand with the growth of retail sector and increased consumerism Retail Growth and Increased Consumerism

Impact

• Growth in Indian retail and increased consumption of consumer products provide a boost to the packaging sector, which further stimulates the demand for plastic packaging materials • Indian retail market has experienced high growth over the past decade with a gradual shift towards modern retailing formats  Low organized retail penetration at x-y% indicates huge growth potential for this market

• India is one of the most lucrative consumer markets in the world with about one sixth of the global population  Per capita income is expected to grow by X% to INR Y in 20-- - 20-- which will translate into increasing expenditure along with rising purchasing power – More than -00 mn shoppers are expected to shop at organized retail chains by 20--

 Rising income levels is stimulating the growth of organized retail which is also increasing the demand for innovative and attractive packaging concepts

Retail Market Size & Growth INR tr 60 40

B

B2

B1

20

Major Retail Segments (2012) A1

A5

A2

A6

A3

A7

A4

A8

A2

A1

A3 A4 A5 A6 A7 A8

0 20--

20--e PLASTIC PACKAGING MARKET IN INDIA 2014.PPT

9


Accelerating growth in the food industry supports the sustainable development of plastic packaging sector High Demand from Food and Beverage Industry (2/3) • Processed food industry represents ~X% of the overall food market in India  These products need good packaging for maintaining their taste and quality

• The industry is segmented into sectors namely, milk and allied products (dairy), meat and poultry, seafood, bakery and confectionery, fruit and vegetables, grain, pulses and oilseeds (staple) products, alcoholic and non-alcoholic products (beverages) and packaged foods

SAMPLE

 All these segments are catalyzing growth in the plastic packaging sector

• Increased usage of newer plastic containers replacing the traditional glass bottles for savoring the unique taste, color and aroma of the different types of beverages while in storage or transportation, favors the growth of plastic packaging industry  Further, flexible plastic packaging containers are more economical than the conventional glass and metal containers

• Use of PET bottles for packing carbonated soft drinks and also some alcoholic beverages have acted as a massive demand generator for the plastic packaging industry

Processed Food Industry INR tr 15

A

10

A2

A1

5 0 20--

20--e

PET Bottle Market INR bn

mn MT 1.5

B

B2

100 80

1.0

C

120

C2

C1

60

B1

40

0.5

20 0

0.0

20--

20--e

20--

20--e

Note: MT refers to metric tonnes PLASTIC PACKAGING MARKET IN INDIA 2014.PPT

10


Wide range of applications of plastic packaging in the food and beverage industry

SAMPLE

High Demand from Food and Beverage Industry (3/3)

Application of Plastic Packaging in Food and Beverage Industry

High-density polyethylene (HDPE)

Polypropylene (PP)

Milk, water, juice, groceries, retail shopping, cereal box liners, etc.

Containers for yogurt, margarine, takeaway meals, caps, closures, etc.

Polyethylene terephthalate (PET,PETE)

Low-density polyethylene (LDPE)

Point A

Point B

Packaged Juice Market

Packaged Milk Market

INR bn

A

20

INR bn A2

1,000

A1 10

500

0

0

20--

B B1

20--

20--e

B2

20--e

Various applications of plastic packaging signifies the high usage of plastic packaging in the overall food and beverage industry

PLASTIC PACKAGING MARKET IN INDIA 2014.PPT

11


Wide range of applications of plastic packaging in the FMCG sector

SAMPLE Rise in FMCG sector(2/2)

FMCG – Major Segments (20--e)

B1

A1

C1 E1

Major Segments

Personal Care

A

C

B

D

E

D1

Plastic Packaged Products

X

X1

Y

Y1

Z

Z1

M

M1

N

N1

O

O1

Boost the demand for plastic packaging industry

PLASTIC PACKAGING MARKET IN INDIA 2014.PPT

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Rising paint and lubricant industry will fuel growth in plastic packaging market

SAMPLE

Growing Paint and Lubricant Industry

Impact

• Indian paints industry is estimated to touch INR B bn by 20-- - 20- This sector has continuously recorded a growth of X times the GDP growth rate of India  Despite global economic recession, this sector has been able to overcome downturns due to high domestic demand and decreasing dependence on exports  Low per capita consumption , in comparison to other developing nations, creates strong opportunity for the players in the market

Shift in Packaging Material Used in the Paint Industry

Paint Market Size & Growth Glass jars, metal pails steel drum and boxes

INR bn

Plastic

600 400

M

B

A

200 0

20-- -20--

20-- - 20--e

Plastic packaging will benefit from being an ancillary of the growing paint and lubricant industry PLASTIC PACKAGING MARKET IN INDIA 2014.PPT

13


Under penetrated market provides significant opportunity for further growth

SAMPLE

Untapped Market Potential

Impact

• Plastic packaging industry holds huge untapped potential since the per capita consumption of packaged goods is very low in India compared to the other developing nations Per Capita Consumption of Packaged Goods (20--) Kg 60

Opportunity for the players to capitalize upon the under penetrated market

A1

40

B1

20

C1

D1

Country C

Country D

0

Country A

Country B

Polymer Consumption (20-- - 20--)

Annual Flexible Packaging Consumption

Kg

INR

150

2,500

A1

2,000

100 50

PET Bottle Consumption (20-- - 20--) Kg

A2

1,500

B1

8

A1

6

A3

1,000

C1 D1

0

4

A4

500

A5

0

Country A Country B Country C Country D

C1

C2

D1

C3

C4

C5

E1

2

A6

A7

C6

C7

F1

0

D

E

F

Note: Per Capita figures have been considered

Low per capita polymer consumption along with low per capita flexible packaging and PET bottle consumption, offers mammoth business opportunity to Indian Packaging Industry PLASTIC PACKAGING MARKET IN INDIA 2014.PPT

14


Increasing crude oil prices affect polymer, which becomes a cost disadvantage for the plastic packaging segment Rise in Price of Raw Materials

Impact

• The primary raw material for plastic packaging is polymers which is directly linked with the prices of crude oil • Hence, rising price of crude oil leads to rising cost of polymers, which in turn affects the production costs of the plastic packaging industry • Further, crude oil imports have been on a northward trend over the past few years owing to increased domestic demand in terms of consumption  Presently, A% of crude oil demand is met through imports and it is expected that imports will rise further

• Volatility in crude oil prices lead to fluctuations in polymer prices which in turn affect the profitability margins of plastic packaging companies Rise in Crude Oil Prices

INR/barrel 8,000 6,000 4,000

x1

x2

x3

x4

2,000 0

Jul 20--

Dec 20--

Jul 20--

Dec 20--

x5

x6

x7

SAMPLE Jul 20--

PLASTIC PACKAGING MARKET IN INDIA 2014.PPT

Dec 20--

Jul 20--

x8

Dec 20--

15


Trends – Summary

SAMPLE

Flexible Packaging is Gaining Preference

Use of In-Mold Label

Emerging Trends in PET Packaging `

Key Trends

Nanoparticle Concept to Develop Plastic Films

Avant-garde Use of Bioplastics in Packaging

Other Trends PLASTIC PACKAGING MARKET IN INDIA 2014.PPT

16


Competitive Benchmarking (2/5) Key Ratios of 3 Major Companies – Operational Basis (FY 20-----) (1/4) Gross Margin (%)

% 60

Operating Margin

Net Margin

a2

a1 40 20

b1

a3

b2

c1

c2

0

Player A

Player B

b3

c3

Player C

• Player A recorded gross margin of a1% higher than both Player B and Player C which recorded gross margins of b1% and c1% respectively • Player A recorded operating margin of a2%, higher than both Player B and Player C which recorded operating margins of b2% and c2% respectively • Player A recorded net margin of a3% higher than both Player B and Player C which recorded net margin, of b3% and c3% respectively Note: Calculation on basis of figures for latest available financial years MEDICAL DEVICES MARKET IN INDIA 2014.PPT

17


SAMPLE

Public: Domestic Company – Player A (1/5) Company Information Corporate Address

Xx

Tel No.

Xx

Fax No.

Xx

Website

Xx

Year of Incorporation

Xx

Ticker Symbol

Xx

Stock Exchange

xx

Offices and Centres – India

Mumbai

Head Office

Products and Services Category

Products

Agricultural Solution

Agrochemicals, Agricultural Solution

Performance Products

Tanning agents, Leather Chemicals, Textile Chemicals, Dispersion Chemicals, Specialty Chemicals and high-value fine chemicals for the food, pharmaceuticals, animal feed and cosmetics industries

Plastics

Expandable Polystyrene (EPS), Engineering Plastics and Polyurethanes

Chemicals

Inorganic chemicals, intermediates and petrochemicals

Functional Solution

Catalysts, coatings and construction chemicals

Others

Technical and service charges

Key People Name

PLASTIC PACKAGING MARKET IN INDIA 2014.PPT

Designation

18


Public: Domestic Company – Player A (2/5)

SAMPLE

Financial Snapshot Total Income

INR mn 40,000 30,000

960.7

1,178.3

Net Profit/Loss

INR mn 1,140.8

1,008.6

1,500 1,000

20,000 10,000

Key Ratios

30,897.7

39,448.2

35,210.5

500

16,316.5

0

0

20--

20--

20--

20--

Financial Summary • The company earned a net profit of INR x mn in FY 20--, as compared to net profit of INR y mn in FY 20-• The company reported total income of INR a mn in FY 20--, registering an increase of x% over FY 20-• The company earned an operating margin of a% in FY 20--, an increase of y percentage points over FY 20-• The company reported debt to equity ratio of m in FY 20--, an increase of n% over FY 20--

Particulars

Indicators

Value (04/03/20--)

Market Capitalization (INR mn) Total Enterprise Value (INR mn) EPS (INR) PE Ratio (Absolute)

a b c d

20--

20--

20--

20--

0.61

5.77%

5.16%

5.34%

9.10%

0.03

2.89%

2.86%

3.81%

5.89%

0.03

4.28%

4.25%

4.87%

9.23%

0.37

9.98%

9.62%

12.17%

11.40% 17.62%

Profitability Ratios Operating Margin Net Margin Profit Before Tax Margin Return on Equity Return on Capital Employed Return on Working Capital Return on Assets Return on Fixed Assets

-0.58

15.38%

15.96%

15.49%

13.55

47.27%

33.72%

27.35%

26.05%

-0.17

8.12%

8.28%

9.20%

11.36%

-7.41

31.15%

38.56%

43.99%

56.23%

-0.61

94.22%

94.83%

94.62%

90.87%

0.60

17.54%

16.94%

15.62%

16.75%

0.05

0.43%

0.39%

0.30%

0.10%

Cost Ratios Operating costs (% of Sales) Administration costs (% of Sales) Interest costs (% of Sales)

Liquidity Ratios Current Ratio Cash Ratio

-9.72%

1.36

1.51

1.83

2.23

-63.47%

0.01

0.03

0.03

0.37

88.65%

0.31

0.17

0.13

N.A.

67.44%

0.24

0.14

0.11

N.A.

-0.34%

13.30

13.35

17.65

88.95

-27.77%

5.39

7.46

8.18

6.16

-12.37%

1.40

1.60

1.71

1.24 1.57

Leverage Ratios Debt to Equity Ratio Debt to Capital Ratio Interest Coverage Ratio

Key Financial Performance Indicators

y-o-y change (20-----)

Efficiency Ratios Fixed Asset Turnover Asset Turnover Current Asset Turnover Working Capital Turnover Capital Employed Turnover

-1.10%

2.18

2.21

2.30

25.32%

8.18

6.53

5.09

2.85

-8.69%

2.62

2.87

2.81

1.93

Improved

PLASTIC PACKAGING MARKET IN INDIA 2014.PPT

Decline

19


SAMPLE

Public: Domestic Company – Player A (3/5) Key Business Segments

60% 40% 20% 0%

India

Agricultural Solution

Chemicals

Plastics

Performance Products

Others

Functional Solutions

100% 80%

Key Geographic Segments

29.9% 40.8%

1.7% 1.6% 26.0% 20--

100%

20.6%

22.5%

23.4%

41.4%

36.9%

36.0%

1.4% 18.9% 0.9% 16.7%

50%

91.2%

18.0%

17.8%

0%

8.8%

20--

20--

20--

1.1% 20.2% 1.3%

1.2% 1.6% 20.1%

Foreign

20--

100.0%

100.0%

100.0%

20--

20--

20--

Business Highlights (1/2) Description

News

Overview

• Player A is the Indian subsidiary of Company X, headquartered in Germany

Plastic & Packaging

 The company was formerly known as Company A1 and changed its name to Player A in September 19--

• The Plastics segment includes Expandable Polystyrene (EPS), a engineering plastics category for the automotive and electrical industries as well as for use in household appliances and sports and leisure products, polyurethanes • Offers packaging solutions to food & beverage industry as well as cosmetics and pharmaceutical market  Provide a wide range of products used in the packaging industry ranging from pigments, dyes, resins, preparations, light stabilizers and sealants, to plasticizers, plastics used for flexible as well as rigid packaging including biodegradable plastics, and paper chemicals

• During FY2013, the Polyurethanes business registered good growth in sales and profits, while the Engineering Plastics business achieved higher capacity utilization PLASTIC PACKAGING MARKET IN INDIA 2014.PPT

20


Public: Domestic Company – Player A (4/5) Business Highlights (2/2) Description

News • Company’s Greenfield project in Dahej is expected to commence operations in Q1 2014 involving an investment of INR 10 bn

Expansion Plans

 It will be an integrated hub for Polyurethanes manufacturing and will also house production facilities for Care Chemicals and Polymer Dispersions for the Coatings and Paper businesses

• Company will develop a new facility covering 47,000 sq.m. in Chennai in order to increase its mobile emissions catalysts production capacity  Construction of the plant has started in 2013 and is expected to be operational by Q1 2015

SAMPLE PLASTIC PACKAGING MARKET IN INDIA 2014.PPT

21


Public: Domestic Company – Player A – SWOT Analysis (5/5)

SAMPLE

•X

•X

S

W

O

T

•X

•X

PLASTIC PACKAGING MARKET IN INDIA 2014.PPT

22


Private: Domestic – Player B (1/5) Company Information Corporate Address

Xx

Tel No.

Xx

Fax No.

Xx

Website

Xx

Year of Incorporation

xx

Offices and Centres – India

Mumbai

Head Office

Products and Services Category

Products/Services

Plastics

Offers plastics products, rigid plastics, and packaging materials

Key People Name

Designation

SAMPLE PLASTIC PACKAGING MARKET IN INDIA 2014.PPT

23


Private: Domestic – Player B (2/5) Shareholders of the Company as on aa/bb/20-Name

Total

No. of Shares held

Ownership Structure Bodies corporate

100%

100%

100%

2011

2012

2013

X

SAMPLE

Note: Ownership structure corresponds to Date of AGM: xx/xx/20xx, yy/yy/20yy and zz/zz/20zz PLASTIC PACKAGING MARKET IN INDIA 2014.PPT

24


SAMPLE

Private: Domestic – Player B (3/5) Financial Snapshot

Total Income

INR mn 2,000 1,500

0

Net Profit/Loss

Particulars

INR mn 60

42.7 21.6

1,000 500

Key Ratios

40 10.7 1,424.1

517.2 20--

843.9 20--

1,556.7 -5.8

20--

20 0 -20

20--

Financial Summary

Operating Margin Net Margin Profit Before Tax Margin Return on Equity Return on Capital Employed Return on Working Capital Return on Assets Return on Fixed Assets

20--

20--

20--

-2.84

23.35%

26.19%

4.87%

20.57%

-3.37

-0.37%

3.00%

1.27%

4.19%

-4.74

-0.32%

4.43%

2.47%

6.14%

-6.94

-0.83%

6.11%

1.94%

8.81%

-5.64

32.35%

37.99%

4.86%

25.92%

70.43

313.12%

242.70% 10.49%

73.89%

-2.80

27.37%

30.17%

4.70%

25.03%

-9.91

52.92%

62.83%

9.44%

39.98%

2.88

76.51%

73.63%

95.07%

79.24%

N.A.

N.A.

N.A.

6.13%

N.A.

1.20

3.77%

2.57%

3.77%

2.93%

Cost Ratios Operating costs (% of Sales) Administration costs (% of Sales) Interest costs (% of Sales)

• The company incurred a net loss of INR 5.8 mn in FY 20--, as compared to net profit of INR 42.7 mn in FY 20-• The company reported total income of INR 1,556.7 mn in FY 20--, registering an increase of 9.3% over FY 20--

Leverage Ratios

• The company reported debt to equity ratio of 0.61 in FY 20--, an increase of 51.62% over FY 20--

20--

Profitability Ratios

Liquidity Ratios

• The company earned an operating margin of 23.35% in FY 20--, a decrease of 2.84 percentage points over FY 20--

y-o-y change (20-----

Current Ratio Cash Ratio Debt to Equity Ratio Debt to Capital Ratio Interest Coverage Ratio

-7.56%

1.24

1.34

4.20

4.64

-48.60%

0.04

0.08

0.24

0.18

51.62%

0.61

0.41

0.53

0.67

31.98%

0.38

0.29

0.35

0.40

-39.24%

6.23

10.25

1.31

7.09

-5.45%

2.25

2.38

1.91

1.93

1.83%

1.17

1.14

0.95

1.21 2.79

Efficiency Ratios Fixed Asset Turnover Asset Turnover Current Asset Turnover Working Capital Turnover Capital Employed Turnover

9.61%

2.54

2.32

1.62

44.83%

13.33

9.20

2.13

3.56

9.82%

2.22

2.02

1.50

2.09

Improved

PLASTIC PACKAGING MARKET IN INDIA 2014.PPT

Decline

25


Private: Domestic – Player B (4/5) Business Highlights Description Overview

News • Player B operates as a subsidiary of Company Y • Player B was formerly known as Company z and changed its name in June, 20--

Strategic Alliance

• Player B completed the acquisition of Company C from Company y and other shareholders in 20--

Network

• It is headquartered in Mumbai and has a pan India footprint

SAMPLE PLASTIC PACKAGING MARKET IN INDIA 2014.PPT

26


Private: Domestic Company – SWOT Analysis - Clear Mipak Packaging Solutions Ltd. (5/5)

SAMPLE •X

•X

S

W

O

T

•X

•X

PLASTIC PACKAGING MARKET IN INDIA 2014.PPT

27


Appendix

SAMPLE

Ratio

Calculations

Ratio

Calculations

Operating Margin

(Operating Income/Revenues)*100

Current Ratio

Current Assets / Current Liabilities

Net Margin

(Net Profit / Revenues) *100

Cash Ratio

Profit Before Tax Margin

(Income Before Tax / Revenues *100

{(Cash & Bank Balance + Marketable Securities) / Current Liabilities)}

Debt to Equity

Total Liabilities / Shareholders Equity

Debt to Capital Ratio

{Total Debt / (Shareholders Equity + Total Debt)}

Interest Coverage Ratio

EBIT / Interest Expense

Fixed Asset Turnover

Sales / Fixed Assets

Asset Turnover

Sales / Total Assets

Return on Equity (ROE)

(Net Income / Shareholders Equity)*100

Return on Capital (ROCE)

EBIT / (Total Assets – Current Liabilities)*100

Return on Working Capital

(Net Income / Working Capital) *100

Return on Assets

(Net Income / Total Assets)*100

Return on Fixed Assets

(Net Income / Fixed Assets) *100

Operating Costs (% of Sales)

(Operating Expenses / Sales) *100

Current Asset Turnover

Sales / Current Assets

Administration Costs (% of Sales)

(Administrative Expenses / Sales) *100

Working Capital Turnover

Sales / Working Capital

Interest Costs (% of Sales)

(Interest Expenses / Sales) *100

Capital Employed Turnover

Sales / Shareholders Equity

PLASTIC PACKAGING MARKET IN INDIA 2014.PPT

28


Thank you for the attention Plastic Packaging Market – India report is part of Netscribes’ Manufacturing Industry Series. For more detailed information or customized research requirements please contact: Phone: E-Mail:

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About Netscribes Netscribes is a knowledge-consulting and solutions firm with clientele across the globe. The company’s expertise spans areas of investment & business research, business & corporate intelligence, content-management services, and knowledge-software services. At its core lies a true value proposition that draws upon a vast knowledge base. Netscribes is a one-stop shop designed to fulfil clients’ profitability and growth objectives. Disclaimer: This report is published for general information only. Although high standards have been used in the preparation, “Netscribes” is not responsible for any loss or damage arising from use of this document. This document is the sole property of Netscribes and prior permission is required for guidelines on reproduction. PLASTIC PACKAGING MARKET IN INDIA 2014.PPT

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Plastic packaging market in india 2014 sample  
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