UFLEX LTD. - 500148 - Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
Intimation of Loss of Share Certificate (s) received under Regulation 39(3) of SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015. UFLEX LTD. - 500148 - Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
Intimation of Loss of Share Certificate received under Regulation 39(3) of SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015. UFLEX LTD. - 500148 - Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
Intimation of Loss of Share Certificate (s) received under Regulation 39(3) of SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015. Uflex Ltd - 500148 - Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
Intimation of Loss of Share Certificate (s) received under Regulation 39(3) of SEBI (Listing Obligations and Disclosure Requirements) Regulation,2015.. UFLEX LTD. - 500148 - Disclosure In Terms Of Regulation 23 (9) Of The SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015
Disclosure In Terms Of Regulation 23 (9) Of The SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015 Uflex Ltd - 500148 - Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
Intimation of Loss of Share Certificate (s) received under Rel!ulation 39(3) of SEBI(Listing Obligations and Disclosure Requirements) Regulation, 2015. UFLEX LTD. - 500148 - Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
Intimation of Loss of Share Certificate (s) received under Regulation 39(3) of SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015. UFLEX LTD. - 500148 - Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
Intimation of Loss of Share Certificate (s) received under Regulation 39(3) of SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015. Uflex Ltd - 500148 - Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
Intimation of Loss of Share Certificate (s) received under Regulation 39(3) of SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015. Q2FY22 Quarterly Result Announced for Uflex Ltd.
Highlights: UFlex Posts 36% YoY growth in Net Revenue at 3036.2 cr in Q2FY2021-22 EBITDA at 424.5 cr & PAT at 170.7 cr Commissions Greenfield 45,000 MTA production capacity BOPET Film Manufacturing Plant in Nigeria The company posted consolidated EBITDA at 424.5 cr for Q2FY21-22 down by 10.2% YoY whereas the consolidated PAT stood at 170.7 cr, dropping by 23% YoY. The consolidated Revenue registered YoY growth of 36% at 3036.2 cr for the quarter. Owing to the global expansions made and contributions being made by the new lines that were commissioned in the past quarters, Packaging Films Production witnessed a jump of 33.5% YoY to reach 124670 MT in Q2FY22 while Packaging Films Sales witnessed an increase of 41.6% YoY to reach 122321 MT. Overall Sales Volume for the quarter was up by 31.5% YoY. Speaking on business' financial performance, Rajesh Bhatia Group CFO, UFlex Ltd stated, "The company has been sailing on the rising tides of pandemic and competitive business environment and has consistently posted a series of exemplary performance over the past few quarters. The quarter too reflected strokes of highs in volumes with contribution in production coming from the newly commissioned capacities. The demand for packaging films continue to be strong and is reflected in 41.6% sales volume surge in Q2FY22 over Q2FY21. All the newly commissioned plants in Hungary, Egypt, Russia & Poland are operating at near full capacity while Nigeria plant is ramping up fast and will achieve full capacity utilization in next 1-2 quarters. However, the quarter witnessed heightened cost pressures with frequent increases in raw material prices, higher shipping & energy costs, and consequently a strong order book position only meant servicing these customers at increased input prices, thus affecting the margins. However, given the strong demand momentum, once the raw material prices stabilize, the margins are expected to become better. Continuing, he added, "I am pleased to share that India Ratings has upgraded credit rating of UFlex by two notches to 'IND AA-' with a stable outlook reflecting the improvement in overall business profile of the company. This re-rating will further position UFlex amidst the competitive forces in the quarters ahead." Ashok Chaturvedi, Chairman and Managing Director UFlex Limited said, "We have spread wide and delved deep for expanding our opportunity matrix. We added customers, entered new geographies and fortified existing relations. Strengthening our leadership position in Africa, we have successfully commissioned our greenfield project in Nigeria that will house a first-of-its-kind 10.6 meter wide BOPET film line with a capacity of 45,000 TPA." Result PDF