DRHP Status : Not Filed
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| P&L Statement | 2023 | 2024 | 2025 |
|---|---|---|---|
| Revenue | 3341 | 5004 | 7118 |
| Cost of Material Consumed | 3055 | 3147 | 5184 |
| Change in Inventory | -255 | -76 | -218 |
| Gross Margins | 8.56 | 37.11 | 30.23 |
| Employee Benefit Expenses | 143 | 267 | 230 |
| Other Expenses | 284 | 787 | 790 |
| EBITDA | 114 | 879 | 1132 |
| OPM | 3.41 | 17.57 | 15.9 |
| Other Income | 0 | 29 | 55 |
| Finance Cost | 6.5 | 81 | 233 |
| D&A | 13 | 20 | 102 |
| EBIT | 101 | 859 | 1030 |
| EBIT Margins | 3.02 | 17.17 | 14.47 |
| PBT | 95 | 806 | 852 |
| PBT Margins | 2.84 | 16.11 | 11.97 |
| Tax | 24 | 223 | 221 |
| PAT | 71 | 583 | 631 |
| NPM | 2.13 | 11.65 | 8.86 |
| EPS | 142 | 1166 | 1.77 |
Financial Ratios |
2023 | 2024 | 2025 |
|---|---|---|---|
| Operating Profit Margin | 3.41 | 17.57 | 15.9 |
| Net Profit Margin | 2.13 | 11.65 | 8.86 |
| Earning Per Share (Diluted) | 142 | 1166 | 1.77 |
| Assets | 2023 | 2024 | 2025 |
|---|---|---|---|
| Fixed Assets | 26 | 89 | 571 |
| CWIP | 0 | 0 | 0 |
| Investments | 0 | 0 | 0.1 |
| Trade Receivables | 627 | 1416 | 2552 |
| Inventory | 586 | 683 | 1053 |
| Other Assets | 1158 | 2450 | 2843.9 |
| Total Assets | 2397 | 4638 | 7020 |
| Liabilities | 2023 | 2024 | 2025 |
|---|---|---|---|
| Share Capital | 5 | 5 | 714.5 |
| FV | 10 | 10 | 2 |
| Reserves | 110 | 693 | 2873 |
| Borrowings | 410 | 1861 | 2296 |
| Trade Payables | 209 | 650 | 0 |
| Other Liabilities | 1663 | 1429 | 1136.5 |
| Total Liabilities | 2397 | 4638 | 7020 |
Ecosure Pulpmolding Technologies Limited, incorporated in 2019, is a leading Indian manufacturer of pulp molding machinery and sustainable, eco-friendly molded fiber products, such as tableware, using agricultural waste. As a pre-IPO company, it operates in the growing green packaging sector, with manufacturing facilities in Noida, Indore, and Sitarganj.
The following table shows a 10-point analysis of Ecosure Pulpmolding Technologies Limited. We will discuss each point in detail after this table.
| Parameter | Key Numbers | Insights |
|---|---|---|
| Business Overview | Incorporated 2019 | A fast-growing manufacturer of pulp molding machinery focused on eco-friendly packaging solutions. |
| Industry | Industrial Machinery · Sustainable Packaging | Operates in a high-growth segment driven by global shift away from plastic towards biodegradable alternatives. |
| Core Products | Pulp molding machines · molds · turnkey solutions | Provides end-to-end solutions enabling clients to produce sustainable packaging products. |
| Market Position | 90% market share (domestic) | Strong first-mover advantage in India with dominant positioning in the pulp molding machinery segment. |
| Manufacturing | India-based facilities | Integrated manufacturing with focus on innovation, automation, and customization. |
| Revenue | ₹50.3 Cr (FY24) | Strong growth of over 50% indicates rapid scale-up and increasing demand |
| Profitability | ₹5.8 Cr PAT (FY24) | Significant jump in profitability reflects operating leverage and improving margins. |
| Order Book | ₹105 Cr | A healthy order pipeline provides strong revenue visibility for upcoming years. |
| Balance Sheet | Assets ₹46+ Cr | Strengthening financial position with rising assets and net worth. |
| Outlook | High-growth potential | Positioned to benefit from sustainability trends, regulatory push, and rising global demand for eco-friendly packaging. |
Company Overview
(i) Ecosure Pulpmolding Technologies Limited is a manufacturer of pulp molding machinery and sustainable packaging solutions, focused on replacing plastic with eco-friendly alternatives.
(ii) Incorporated in 2019 and based in Delhi, the company operates in the industrial machinery and green manufacturing segment, offering advanced pulp molding technologies.
(iii) Its product portfolio includes automatic and semi-automatic pulp molding machines, thermoforming machines, and molds, used to manufacture biodegradable packaging products.
(iv) The company provides turnkey solutions, covering design, engineering, installation, and after-sales support, enabling customers to set up complete production lines.
(v) Ecosure is positioned as a first-mover in India’s pulp molding machinery segment, benefiting from rising environmental awareness and regulatory push against single-use plastics.
Here are some highlights of the financial performance of Ecosure Pulpmolding Technologies Limited over the past few years.
• Revenue from operations stood at ₹71.18 crore
• Profit before tax stood at ₹8.52 crore
• Profit after tax reported at ₹6.30 crore
• Strong growth supported by execution and order inflow
• Revenue from operations stood at ₹50.3 crore
• Profit after tax reported at ₹5.8 crore
• Significant YoY growth in profitability
• Revenue from operations stood at ₹40–45 crore (range)
• Profitability remained moderate
• Growth phase with increasing order inflow
Quick Summary
Ecosure Pulpmolding Technologies Limited is a high-growth industrial and sustainability-focused company with a dominant position in pulp molding machinery. The company has demonstrated strong revenue growth, improving profitability, and a robust order book, positioning it well to benefit from the global shift towards eco-friendly packaging, though execution and scaling risks remain.
Click here to visit the official website of Ecosure Pulpmolding Technologies Limited.
Given below are the active promoters of the company:
| Name | Designation | LinkedIn Profile |
|---|---|---|
| Mohit Kumar | Managing Director | View Profile |
| Gunjan Saxena | Director | View Profile |
| Kamal Dev Rana | Whole-time Director | View Profile |
| Name | Holding |
|---|---|
| Vishwaguru Trust | 68.86% |
| Others | 21.14% |
Coming soon...
These are equity shares of the company that are not listed on NSE or BSE and are traded privately.
Yes, these shares can be purchased through private market platforms, subject to availability.
Yes, a demat account is required to hold these unlisted shares.
The company shows strong growth and industry leadership but operates in a scaling phase, making it a moderate-to-high risk investment.
Yes, these shares can be sold in the secondary market depending on buyer availability.
Yes, as per SEBI regulations, pre-IPO investors are subject to a six-month lock-in period after listing.
If held for more than two years, gains are taxed at 20% with indexation; otherwise taxed as per income slab.