- Business
- Essen Speciality Films Ltd. (ESFL.NS) manufactures and exports a diverse range of sustainable plastic-based home furnishing and lifestyle products made from recycled polymers, bio-PE, and bio-EVA materials; core offerings include PEVA shower curtains and liners, shower accessories such as curtain rings, hooks, and anti-draft clips, bath tub and shower mats; kitchen and dining items like chopping boards, table cloths with or without non-woven backing, disposable party table covers, EVA foam placemats and coasters, and PP placemats; home decor products encompassing artificial plants and flowers; fitness and lifestyle goods such as yoga mats, interlocking foam tiles, and kid's puzzle mats; storage and organization solutions including shelf liners, drawer liners, and desk mats; outdoor and utility products like tarps, tarpaulins, vehicle covers, pond liners, rain gear, and ponchos; as well as customized items such as delivery bags, reusable shopping bags, spa slippers, baby shower caps, plant pots, bottle carriers, and films/rolls.
The company, founded in 2002 and headquartered in Rajkot, Gujarat, India, operates as part of the Rajoo Group and serves Fortune 500 retailers, OEMs, home improvement distributors, and home furnishing companies across more than 47 countries, with a workforce exceeding 700 employees and a focus on sustainability through 900 MT of plastic recycled annually and 60% women in its workforce.
In May 2024, Essen Speciality Films formed Shrutina Nexgen Solar LLP as a related party transaction-exempt joint venture alongside promoter group entities Shrutina Nexgen LLP (74% stake), Rajoo Engineers Ltd. (7%), and Rajoo Innovation Centre LLP (1%), marking its entry into the renewable solar energy sector via an 18% holding; the company listed on the NSE Emerge platform in July 2023 following its IPO, enhancing its access to capital markets.