UFlex Ltd, India’s leading multinational in flexible packaging, posted strong results for the fourth quarter and full year ending March 31, 2025. The company recorded growth across key financial metrics, driven by increased sales volumes, refined pricing strategies, and enhanced operational efficiency in major markets.
Consolidated revenue for Q4 FY25 reached ₹3,873.8 crore, reflecting a 10.8% increase from ₹3,496.7 crore in the corresponding period of FY24. For the full year, revenue rose 12.4% to ₹15,183.8 crore from ₹13,509.8 crore in FY24.
The packaging films division led performance, contributing 77.7% of the company’s total sales volume in FY25. The packaging business accounted for the remaining 22.3%. Overall sales volume for the year stood at 6,47,499 metric tonnes, an 8.0% increase year-on-year.
Normalized EBITDA for Q4 FY25 was ₹478.2 crore, up 5.1% from ₹455 crore in Q4 FY24. For the full fiscal year, EBITDA rose 18.1% to ₹1,902.4 crore from ₹1,610.3 crore the previous year. The EBITDA margin improved by 60 basis points to 12.5% in FY25.
Net profit for Q4 FY25, after exceptional items, stood at ₹168.6 crore—a recovery from a net loss of ₹270.9 crore in Q4 FY24, supported by a ₹70 crore exchange gain compared to a ₹389.7 crore exchange loss a year earlier. FY25 normalized profit after tax reached ₹320.1 crore, an increase of 77.5% from ₹180.3 crore in FY24. However, Q4 PAT decreased to ₹98.6 crore from ₹118.8 crore due to higher interest and depreciation costs.
Global capacity utilization improved from 78.9% in FY24 to 83.1% in FY25. India accounted for 46.1% of the company’s revenue, followed by significant contributions from the Americas, Europe, and MEA regions. Sustainability efforts advanced in FY25, with UFlex recycling more than 800 million PET bottles and 8,200 metric tonnes of multi-layered plastic (MLP) waste.
Ashok Chaturvedi, Chairman and Managing Director, stated “FY25 was a significant year for UFlex, marked by global expansion and a strong emphasis on sustainable packaging and recycling. Our revenue grew by 12.4%, and operational EBITDA increased by 18.1%. We remain committed to innovation and scaling up our recycling initiatives to drive long-term value.”
UFlex continues to focus on sustainable growth, process optimization, and expanding its footprint in global markets. Founded in 1985, UFlex is India’s largest multinational flexible packaging company. Over the years, the company has expanded its presence across all areas of the packaging value chain, including packaging films, chemicals, aseptic liquid packaging, flexible packaging, holography, engineering, and printing cylinders.
With a workforce of over 10,000 people across global regions, UFlex is committed to developing innovative, sustainable, and value-added packaging solutions. The company is known for shaping the packaging industry in India and internationally, delivering end-to-end solutions to numerous Fortune 500 clients in sectors such as FMCG, pharmaceuticals, automotive, and more, across more than 150 countries.
Headquartered in Noida, India, UFlex has a global footprint with manufacturing facilities in the UAE, Mexico, Egypt, the USA, Poland, Nigeria, Hungary, and several other countries. A recipient of numerous prestigious global awards for product excellence, innovation, and sustainability, UFlex made history in 1995 as the first company to be recognized at the Davos Recycle Forum for pioneering the recycling of mixed plastic waste.
