G M Polyplast Limited
GMPL.BO
Bombay Stock Exchange70.00
INR
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G M Polyplast Limited
GMPL.BO
(Bombay Stock Exchange)
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70.00
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ROIC.AI
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in mil. unless spec.- Similar Companies
- Business
- G M Polyplast Limited engages in the manufacture and supply of high-grade plastic sheets and granules in India. The company produces a diverse product range including high impact polystyrene (HIPS) sheets and rolls; acrylonitrile butadiene styrene (ABS) sheets and granules; amorphous polyethylene terephthalate (A-PET) and recycled polyethylene terephthalate (RPET) sheets and rolls; high-density polyethylene (HDPE) sheets and granules; polypropylene (PP) sheets and granules; and electrostatic discharge (ESD) materials. These products serve various end-markets such as packaging for pharmaceuticals, food and FMCG, automotive interiors, and agricultural applications. Incorporated in 2003 and headquartered in Mumbai, India, G M Polyplast operates primarily within the Indian market. In recent years, G M Polyplast has maintained steady operational growth with a focus on expanding its product offerings within the plastic sheets and granules segment. The company has undertaken strategic fundraising initiatives, including board-approved capital raises to support its operational scale and transition to the main board of the Indian stock exchanges. It has focused on improving profitability and maintaining a strong balance sheet by reducing debt. While revenue growth has been modest, profit growth has been robust, highlighting operational efficiency improvements. The company has also taken steps in corporate governance with recent changes in board composition to strengthen leadership. G M Polyplast's product portfolio and market strategy emphasize the manufacture of diverse plastic materials tailored to specialized industrial applications. Its operations are centered on serving Indian customers with high-quality plastic raw materials and finished sheets that are critical for packaging, industrial components, and other uses. The company continues to focus on quality, cost-effectiveness, and timely delivery to maintain its competitive position in the domestic plastic manufacturing industry. G M Polyplast remains a significant player in its niche, leveraging its product breadth and operational discipline to drive shareholder value. This description consolidates G M Polyplast's core manufacturing activities, product focus, geographic and industry positioning, and recent financial and operational developments into a comprehensive corporate overview as of late 2025.