Poddar Pigments, an ISO 9001:2008 QMS certified company, manufacturing Color & Additive Masterbatches, has the unique distinction of being the first company in India to manufacture Masterbatches for the dope-dyeing of Polypropylene, Nylon & Polyester Multifilament Yarn/ Fibers
India masterbatch market is forecast to grow at a CAGR of over 11% during 2016-2025, on the back of growing demand from packaging and automotive industries in the country.
Packaging industry is anticipated to continue dominating India masterbatch market, on account of increasing preference for flexible packaging in the country.
Set up in 1991, Poddar Pigments, is the first company in India to manufacture fibre-grade masterbatches for spin-colouration of filament yarns/fibres of polypropylene, polyester and nylon. The company commenced production in Mar.95 at its manufacturing unit at Jaipur, Rajasthan. The plant is backed up by self-generation of power.
The company also produces a wide range of additive masterbatches which will cater to the blown-film, raffia, engineering plastic and other general-purpose plastic industries. The company has installed a modern laboratory and analytical facilities at the plant for testing and quality control of raw materials, intermediate products and finished goods. The company has a pilot masterbatch plant, to develop and produce new shades and products with different polymers and additives. It has also installed pilot plants for multi-filament yarn spinning, injection moulding, and blow moulding equipment to test and pre-determine the quality of the products. Other than additive masterbatches, it also produces LDPE-based masterbatches. The main customer of the company is Rajasthan Petro Synthetics.
The company has developed Polyester Masterbatches in its Laboratory. The work on implementation of new extruder line for manufacture of Masterbatches is in progress. It is increasing the installed capacity to 3280 MT pa at a cost of Rs. 650 lacs which is funded through term loan from IDBI.
During the year 1998-99, the Companys project for increasing installed capacity of Polyester Masterbatches was implemented successfully and commercial production on the New Extruder commenced on 18.03.99.
The company has been awarded ISO 9002 Certificate during the year 1999-2000.
PODDAR PIGMENTS LTD. (PODDARMENT) - FINANCIAL OVERVIEW
PARTICULARS ( CR) | 2017 | 2016 | 2015 |
| NET SALES | 329.22 | 325.99 | 318.31 |
| OPERATING PROFIT | 31.88 | 28.63 | 25.88 |
| OTHER INCOME | 4.84 | 4.53 | 2.94 |
| INTEREST | 0.85 | 0.91 | 1.10 |
| DEPRECIATION | 2.93 | 2.62 | 2.85 |
| PROFIT BEFORE TAX | 28.10 | 25.10 | 21.93 |
| TAX | 7.71 | 6.76 | 5.62 |
| PROFIT AFTER TAX | 20.39 | 18.34 | 16.31 |
| SHARE CAPITAL | 10.61 | 10.61 | 10.61 |
| RESERVES | 116.38 | 99.18 | 84.03 |
| NET WORTH | 126.99 | 109.79 | 94.64 |
| LOANS | 1.83 | 3.71 | 1.42 |
| GROSS BLOCK | 74.59 | 69.87 | 68.89 |
| INVESTMENTS | 22.43 | 11.76 | 6.01 |
| CASH | 11.54 | 3.23 | 7.85 |
| DEBTORS | 51.75 | 51.15 | 33.87 |
| NET WORKING CAPITAL | 78.97 | 76.47 | 63.87 |
| OPERATING PROFIT MARGIN (%) | 9.68 | 8.78 | 8.13 |
| NET PROFIT MARGIN (%) | 6.19 | 5.63 | 5.12 |
| EARNING PER SHARE (RS) | 18.71 | 16.78 | 14.87 |
| DIVIDEND (%) | 35.00 | 25.00 | 25.00 |
| DIVIDEND PAYOUT | 2.65 | 2.65 | 2.65 |