B&B Triplewall Containers, striving to lead the Indian corrugated box industry, has ventured into Kraft paper production

B&B Triplewall Containers, striving to lead the Indian corrugated box industry, has ventured into Kraft paper production

- B&B has an installed capacity of 5,000 tonnes per month within a single facility and a combined installed capacity of 9,300 tonnes per month across all facilities
- In the Financial Year 2023-24, the Company achieved a total revenue of Rs. 37,451.51 lakhs
The Pulp and Paper Times

B&B Triplewall Containers Limited is the first company in India to establish an automated plant with a BHS corrugator and BOBST FFG. The company prioritizes quality and customer satisfaction above all. With a skilled workforce, advanced ERP-controlled operations, and a state-of-the-art facility, B&B ensures precision in every box produced. Committed to environmental conservation, B&B has implemented green technology to minimize its impact. Proudly serving some of the market's largest companies, B&B is driven by a passion for making the best boxes.

B&B has an installed capacity of 5,000 tonnes per month within a single facility and a combined installed capacity of 9,300 tonnes per month across all facilities. The latest technology employed in manufacturing corrugated boxes reflects high professionalism. The company prioritizes safety by adhering to key safety norms and ensures timely delivery of products and efficient logistics.

“We pivoted our attention to the new needs of our clients, workplace transformation, cost efficiency and automation, and today, we see our pipeline expanding in these areas. we are also seeing a move from several of our clients to trust us with greater responsibilities and consolidate their work with us. We look forward to continuing to build on the trust of our clients in these areas,

“We see stability and expansion in our work. We remain extremely focused on the needs of our clients in this environment and even more ready to expand our support of our clients,” Mr. Manish Kumar Gupta, Chairman & Managing Director of B&B Triplewall Containers said in the annual report for FY 23-24.

The Company's fully automated manufacturing facilities, including corrugation, printing, and converting machines, are designed for efficiency and cleanliness. Heavy investment in technology and modern infrastructure enhances its appeal to MNCs looking to expand in India, attracting investment and supporting growth plans. The Company's high-quality standards have earned it recognition as a trusted vendor for large corporates and MNCs. Its dedicated customer relationship management has led to high customer satisfaction and strong brand equity. Automation ensures consistent quality and flexibility to adjust production based on market demand.

Further, following the end of Financial Year 2023-24, commercial production at newly set up Unit and Division situated at SIPCOT Industrial Complex Bargur, Parandapalli Village, Pochampalli Taluk, Krishnagiri, Tamil Nadu-635206 has commenced in August 2024.

OPPORTUNITIES
B&B is one of the largest manufacturers of corrugated boxes in the country. It is equipped with state-of-the-art machinery. With industry experience scanning decades, healthy business relationships with existing customers and constant additions of new customers to the portfolio, the Company is consistently growing year on year.

Along with onboarding prospective customers, the Company also sees an opportunity to add value to customer's packaging needs by using high graphics while printing corrugated boxes, since these arts and graphics act as a medium of advertising for end consumers.

B&B operates in a single segment, with an revenue generated from the sale of corrugated boxes. In the Financial Year 2023-24, the Company achieved a total revenue of Rs. 37,451.51 lakhs.
However, commercial production at  newly set up Unit and Division has commenced on August 2024. This facility has been specifically designed for the production of Kraft paper, a key raw material in the manufacturing of corrugated boxes.

OUTLOOK

Continuing with the system of benchmarking the manufacturing processes against industry best practices, upgradation of real time quality assurance systems and induction of state-of-the-art technology for its products and achieved higher levels of productivity and product excellence.

The Company implemented several initiatives encompassing cost management, supply chain optimization, smart procurement, long term coal linkages and productivity improvement through automation which helped in absorbing escalation in input costs, product development etc.

The state-of-the-art manufacturing facilities along with market leadership in value added corrugated boxes, world class product quality, established supply chain system strategically positions B&B to further enhance its leadership status in the Indian corrugated boxes in coming years.

Investment in R&D, coupled with a strong emphasis on customer satisfaction and operational efficiency, will continue to drive growth and enhance shareholder value.

COMPANY PERFORMANCE OVERVIEW
-During the year under review, B&B has reported the revenue from operation amounted to Rs. 37,451.51 Lakhs as against Rs. 33,684.36 Lakhs during the previous Financial Year 2022-23.
-The Net Profit of your Company, for the year amounted to Rs. 1,920.29 lakhs as against Rs. 1,792.82 Lakhs during the previous Financial Year 2022-23.
-The Company is engaged in the business of manufacturing of corrugated boxes and boards. During the Financial Year 2023-24, there were no changes in the Company's primary business activities.

However, the Company has expanded its operations to include the production of Kraft papers. Commercial production at the newly established unit and division has commenced in August, 2024.

INDUSTRY STRUCTURE AND DEVELOPMENTS

The packaging industry plays a crucial role in the global economy, driven by the increasing demand across various sectors such as food & beverages, pharmaceuticals, consumer goods, and e-commerce. With the growth of online shopping and changing consumer preferences towards eco-friendly and sustainable packaging, the industry is witnessing rapid evolution. The shift towards lightweight, recyclable, and biodegradable materials is reshaping the market dynamics. Accordingly, all manufacturers are looking towards opportunities to innovate and manufacture more sustainable packaging products, and the organisations who will be capable of such offerings will win.

The Indian packaging industry is expected to grow significantly, driven by the rising demand for packaged goods, urbanization, and the growth of organized retail. Government initiatives promoting 'Make in India' and sustainability have further accelerated the industry's expansion.
 

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