Merit Packaging Limited
PPSX:MERIT8.72
PKR
+0.04
(+0.46%)
ISIN
PK0030301011
Return %
Stock
S&P 500
1Y
-32.92
14.20
3Y
1.40
81.12
5Y
-27.03
68.34
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.Company Description
- CEO
- Sabir Imtiaz
- Full Time Employees
- 137
- Sector
- Commercial services
- Industry
- Commercial printing/Forms
- Address
- Karachi Pakistan
- IPO Date
- Apr 12, 1995
- Website
- meritpack.com
- Similar Companies
- Business
- Merit Packaging Limited is a Pakistan-based packaging and printing solutions provider engaged in the manufacturing, processing, and marketing of paperboard, corrugated, and flexible packaging products. Founded in 1980 and headquartered in Karachi, Pakistan, the company operates as a key packaging subsidiary of the Lakson Group, serving domestic and multinational corporations across the fast-moving consumer goods (FMCG), pharmaceutical, food and beverage, personal care, confectionery, tobacco, and industrial sectors. The company organizes its manufacturing operations across three primary product segments: Folding Cartons, Flexible Packaging, and Corrugated Packaging. Its comprehensive product portfolio includes offset-printed paperboard cartons, duplex board boxes, litho-laminated cartons, blister cards, sleeves, and window-patched cartons; flexible packaging materials comprising multi-layer co-extruded films, barrier laminates, roll stock, central-seal and three-side seal pouches, stand-up pouches, zipper pouches, and shrink sleeves; and corrugated shipping containers, outer master cartons, and die-cut micro-flute boxes. In addition to core container manufacturing, Merit Packaging provides value-added converting and finishing services, including rotogravure printing, high-speed flexographic printing, ultraviolet (UV) varnishing, hot foil stamping, embossing, solventless lamination, and automated die-cutting. In recent developments, Merit Packaging Limited has executed strategic capital and operational restructuring programs to enhance operational efficiency and reinforce its market position. The company successfully completed equity recapitalizations through rights issues supported by its parent conglomerate, utilizing the capital to retire high-cost debt and finance machinery modernization. Operationally, the company has expanded its flexible packaging capacity with the addition of advanced rotogravure printing and solventless lamination lines, deployed rooftop solar energy infrastructure across its primary manufacturing plant to lower operating costs and reduce carbon intensity, and accelerated the development of mono-material and recyclable barrier packaging to support the sustainability targets of major FMCG clients.