Sector Alpha Week of 2026-07-29
20-quarter listed-company comparison

Packaging - FMCG/Consumers Stocks in India

Packaging - FMCG/Consumers: EPL Ltd owns the largest revenue base; Mold-Tek Packaging Ltd has the fastest current growth.

Nifty Packaging - FMCG/Consumers Index — Constituents & Performance

The Packaging - FMCG/Consumers companies below are the listed Indian Packaging - FMCG/Consumers universe this page tracks — the same constituent set people search for as the Nifty Packaging - FMCG/Consumers index. Every figure is equal-weighted across those companies, so one large constituent cannot set the reading. Each number carries its own as-of date.

The sector itself · before any single company

How has Packaging - FMCG/Consumers moved against NIFTY 500?

The line below covers 5.1 years. Over the most recent two of them this sector is 2% ahead of NIFTY 500. Earnings across its companies grew 17% on average over the last four reported quarters. It has been ahead of NIFTY 500 on a rolling three-month view for 15 weeks running.

LEADER · ahead 15w~Moving with the index4 of 5 companies ahead of NIFTY 500 by 5% or more over three months

RS ↑15w · 5/5 >200d (+1) · 4/5 lead (+0) · EPS 3/5↑

200500202620252024202320222021 484335 TRAILING 12-MONTH EPS · 100 AT THE START0100139Sep 23Mar 24Sep 24Mar 25Sep 25Mar 26Jun 2023 · trailing 12-month earnings per share at 100, against 100 at the start · up 53.0% on a year ago · 3 reportingSep 2023 · trailing 12-month earnings per share at 115, against 100 at the start · up 22.1% on a year ago · 3 reportingDec 2023 · trailing 12-month earnings per share at 117, against 100 at the start · up 18.3% on a year ago · 3 reportingMar 2024 · trailing 12-month earnings per share at 104, against 100 at the start · down 7.9% on a year ago · 4 reportingJun 2024 · trailing 12-month earnings per share at 111, against 100 at the start · down 3.6% on a year ago · 4 reportingSep 2024 · trailing 12-month earnings per share at 123, against 100 at the start · up 14.1% on a year ago · 4 reportingDec 2024 · trailing 12-month earnings per share at 105, against 100 at the start · down 3.2% on a year ago · 4 reportingMar 2025 · trailing 12-month earnings per share at 123, against 100 at the start · up 33.7% on a year ago · 4 reportingJun 2025 · trailing 12-month earnings per share at 131, against 100 at the start · up 29.1% on a year ago · 4 reportingSep 2025 · trailing 12-month earnings per share at 135, against 100 at the start · up 19.1% on a year ago · 4 reportingDec 2025 · trailing 12-month earnings per share at 139, against 100 at the start · up 11.6% on a year ago · 3 reportingMar 2026 · trailing 12-month earnings per share at 119, against 100 at the start · up 7.9% on a year ago · 3 reportingJun 2022 · too few reporting — 2 of the Packaging - FMCG/Consumers filed a comparable quarter, and three is the floor for a readingSep 2022 · too few reporting — 2 of the Packaging - FMCG/Consumers filed a comparable quarter, and three is the floor for a readingDec 2022 · too few reporting — 2 of the Packaging - FMCG/Consumers filed a comparable quarter, and three is the floor for a readingMar 2023 · too few reporting — 2 of the Packaging - FMCG/Consumers filed a comparable quarter, and three is the floor for a readingNot reported yet — earnings trail price by a quarter or two119 · Mar 26No earnings on file this far back — the price series reaches further than the filings doNO EARNINGS ON FILE
200500202620252024202320222021 484335 TRAILING 12-MONTH EPS · 100 AT THE START0100139Mar 24Mar 25Mar 26Jun 2023 · trailing 12-month earnings per share at 100, against 100 at the start · up 53.0% on a year ago · 3 reportingSep 2023 · trailing 12-month earnings per share at 115, against 100 at the start · up 22.1% on a year ago · 3 reportingDec 2023 · trailing 12-month earnings per share at 117, against 100 at the start · up 18.3% on a year ago · 3 reportingMar 2024 · trailing 12-month earnings per share at 104, against 100 at the start · down 7.9% on a year ago · 4 reportingJun 2024 · trailing 12-month earnings per share at 111, against 100 at the start · down 3.6% on a year ago · 4 reportingSep 2024 · trailing 12-month earnings per share at 123, against 100 at the start · up 14.1% on a year ago · 4 reportingDec 2024 · trailing 12-month earnings per share at 105, against 100 at the start · down 3.2% on a year ago · 4 reportingMar 2025 · trailing 12-month earnings per share at 123, against 100 at the start · up 33.7% on a year ago · 4 reportingJun 2025 · trailing 12-month earnings per share at 131, against 100 at the start · up 29.1% on a year ago · 4 reportingSep 2025 · trailing 12-month earnings per share at 135, against 100 at the start · up 19.1% on a year ago · 4 reportingDec 2025 · trailing 12-month earnings per share at 139, against 100 at the start · up 11.6% on a year ago · 3 reportingMar 2026 · trailing 12-month earnings per share at 119, against 100 at the start · up 7.9% on a year ago · 3 reportingJun 2022 · too few reporting — 2 of the Packaging - FMCG/Consumers filed a comparable quarter, and three is the floor for a readingSep 2022 · too few reporting — 2 of the Packaging - FMCG/Consumers filed a comparable quarter, and three is the floor for a readingDec 2022 · too few reporting — 2 of the Packaging - FMCG/Consumers filed a comparable quarter, and three is the floor for a readingMar 2023 · too few reporting — 2 of the Packaging - FMCG/Consumers filed a comparable quarter, and three is the floor for a readingNot reported yet — earnings trail price by a quarter or two119No earnings on file this far back — the price series reaches further than the filings doNO EARNINGS ON FILE
Packaging - FMCG/Consumers, equal-weighted, based at 200 NIFTY 500, same base, same start trailing 12-month earnings per share rising falling
Strength anatomy Broad but lateHow much of the sector is participating, how recently, and whether the movers score well.
Together4 of 5 stocks moving
Fresh0 crossed in the last 4 weeks
Backed by scoresmovers score −2 vs the sector average
Down the cap ladder — bar is now, tick is four weeks ago
Large 0/10
Mid 2/20
Small 2/20

Participation is not spreading downward this month; the larger companies are still carrying most of it.

Both lines start at 200 in the same week, so the distance between them is the whole story: the sector line is an equal-weighted index of its 5 companies. The bars underneath are trailing 12-month earnings per share, one bar per reported quarter, each member rebased to 100 at the start and the sector taking the median — so a price line pulling away from flat bars is a re-rating, not earnings. A bar turns red when that figure is lower than the quarter before. Rules are fixed and applied identically everywhere on this site: ahead by 5% or more over three months, or behind by 20% or more over a year while earnings grew 20% or more. Hover any point to read both values and the gap. This is a description of what the numbers did, not advice.

Sector relative strength · before individual stocks

Is Packaging - FMCG/Consumers outperforming NIFTY 500?

The 52-week comparison of Packaging - FMCG/Consumers against NIFTY 500 is not available from the current market series. 5 of 6 covered companies currently beat NIFTY on Mansfield relative strength, so leadership inside the sector is selective. Mold-Tek Packaging Ltd is the strongest against the sector itself at -1.1%. Readings are as of 2026-07-19.

—Sector vs NIFTY 500 · 13 weeks
—Sector vs NIFTY 500 · 52 weeks
5/6Stocks leading NIFTY 500
0/5Stocks leading sector

Sector metric: 20.9 as of 2026-07-19 · LEADERS · rising.

The central tension: the companies with the most scale are not necessarily the companies creating the most change.

Start with scale. Then earnings trajectory. Then business quality. Only after those three agree should price leadership carry much weight.

Bottom line

The 52-week sector comparison is unavailable. 5 of 6 covered companies currently have positive Mansfield relative strength versus NIFTY 500. EPL Ltd leads with revenue of ₹4,763 crore, based on 6 of 6 comparable companies through Mar 2026. Mold-Tek Packaging Ltd has the fastest current revenue growth at 31.9%, across 6 of 6 comparable companies.

Is the Packaging - FMCG/Consumers sector outperforming NIFTY 500?

The 52-week sector comparison is unavailable. 5 of 6 covered companies currently have positive Mansfield relative strength versus NIFTY 500.

Which Packaging - FMCG/Consumers company is largest by revenue?

EPL Ltd leads with revenue of ₹4,763 crore, based on 6 of 6 comparable companies through Mar 2026.

Which Packaging - FMCG/Consumers company is growing fastest?

Mold-Tek Packaging Ltd has the fastest current revenue growth at 31.9%, across 6 of 6 comparable companies.

Which Packaging - FMCG/Consumers company has the strongest 4-Factor Sector Score?

Mold-Tek Packaging Ltd ranks first at 67.8/100 with 89.6% evidence confidence. The score prioritizes research; it is not a buy recommendation.

Which Packaging - FMCG/Consumers company has the least gross debt?

Haldyn Glass Ltd has the lowest comparable gross debt at ₹116 crore. EPL Ltd has the highest at ₹962 crore.

Which Packaging - FMCG/Consumers company has the lowest comparable PEG?

EPL Ltd has the lowest comparable Guarded PEG at 0.41, among 4 of 6 companies that pass the metric’s comparability rules.

How much history does this Packaging - FMCG/Consumers comparison include?

The page compares up to 20 reported quarters per company for fundamentals, CAPEX, debt and valuation, ending Jun 2026. Missing observations remain blank rather than being estimated.

How is the 4-Factor Sector Score calculated?

The four visible contributions add directly: growth and earnings up to 35 points, capital efficiency up to 25, valuation up to 20, and relative strength up to 20. Missing or stale evidence moves only the affected contribution toward neutral.

Companies
6
complete canonical membership
Combined market value
₹20.2K Cr
EPL Ltd
Revenue growing
5/6
positive TTM year-on-year growth
Beating NIFTY 500
5/6
positive Mansfield relative strength
Global company selection
00 · research priority, made explicit

4-Factor Sector Score

An additive sector-relative research score. The four displayed point contributions always equal the total: Growth & earnings (35), Capital efficiency (25), Valuation (20), and Relative strength (20). Missing or stale evidence is absorbed inside the affected factor, never applied as a hidden adjustment.

Growth & earnings · 35%Capital efficiency · 25%Valuation · 20%Relative strength · 20%
Mold-Tek Packaging Ltd has the strongest current balance of earnings trajectory, business quality, valuation and price confirmation, with 89.6% evidence confidence.
EPL Ltd looks inexpensive relative to peers or its own history, but its earnings trajectory has not yet earned the valuation signal.

Missing observations are not scored as bad. Their missing weight lowers confidence and pulls the final score toward neutral. PEG is guarded: positive earnings, positive 5–60% three-year EPS growth, and a positive P/E are required.

1. Mold-Tek Packaging Ltd · MOLDTKPAC

67.8/100 · Favorable setup · 90% evidence

Exact sum: 27.3 + 16.9 + 11.1 + 12.5 = 67.8

Decision use: Confirmed research leader: earnings, capital efficiency and relative strength agree. Move to management, catalyst and risk diligence.

27.3/35Growth & earnings

Revenue 31.9% · PAT 33.3% · OPM change 0.6 pp

88% evidence

16.9/25Capital efficiency

ROCE 22.2% · debt/equity 0.32×

100% evidence

11.1/20Valuation

P/E 38× · PEG 0.88

100% evidence

12.5/20Relative strength

RS sector -1.1% · RS bench 5.1% · 1Y -1.1%

70% evidence

2. EPL Ltd · EPL

59.4/100 · Mixed-positive evidence · 96% evidence

Exact sum: 14.9 + 16.3 + 19.1 + 9.1 = 59.4

Decision use: Cheap but unconfirmed: require improving earnings before treating the valuation as an opportunity.

14.9/35Growth & earnings

Revenue 13.1% · PAT 8% · OPM change -1 pp

88% evidence

16.3/25Capital efficiency

ROCE 17.8% · debt/equity 0.34×

100% evidence

19.1/20Valuation

P/E 18.2× · PEG 0.41

100% evidence

9.1/20Relative strength

RS sector -1.7% · RS bench 9.6% · 1Y 2.1%

100% evidence

3. Haldyn Glass Ltd · HALDYNGL

55.4/100 · Mixed-positive evidence · 68% evidence

Exact sum: 23 + 9.8 + 10.1 + 12.5 = 55.4

Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.

23.0/35Growth & earnings

Revenue 21.5% · PAT 31.7% · OPM change -1.6 pp

83% evidence

9.8/25Capital efficiency

ROCE 13.5% · debt/equity 0.5×

95% evidence

10.1/20Valuation

P/E 24.4× · PEG —

50% evidence

12.5/20Relative strength

RS sector — · RS bench 18% · 1Y —

25% evidence

4. Huhtamaki India Ltd · HUHTAMAKI

52.5/100 · Mixed-positive evidence · 69% evidence

Exact sum: 17.1 + 13.3 + 10.8 + 11.3 = 52.5

Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.

17.1/35Growth & earnings

Revenue -1.6% · PAT -75.3% · OPM change 6 pp

59% evidence

13.3/25Capital efficiency

ROCE 17.6% · debt/equity 0.11×

95% evidence

10.8/20Valuation

P/E 28.5× · PEG —

50% evidence

11.3/20Relative strength

RS sector -1.8% · RS bench 16.1% · 1Y 4.4%

70% evidence

5. AGI Greenpac Ltd · AGI

44.9/100 · Mixed-negative evidence · 83% evidence

Exact sum: 15.9 + 18.9 + 6.7 + 3.4 = 44.9

Decision use: Strong business, demanding price: keep it on the quality list, but require either earnings upgrades or valuation compression.

15.9/35Growth & earnings

Revenue 5.5% · PAT 8.7% · OPM change -1 pp

88% evidence

18.9/25Capital efficiency

ROCE 19.6% · debt/equity 0.1×

100% evidence

6.7/20Valuation

P/E 12.2× · PEG 2.94

65% evidence

3.4/20Relative strength

RS sector -15.5% · RS bench -3% · 1Y -19.7%

70% evidence

6. TCPL Packaging Ltd · TCPLPACK

36.6/100 · Mixed-negative evidence · 90% evidence

Exact sum: 6.5 + 12.2 + 10.4 + 7.5 = 36.6

Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.

6.5/35Growth & earnings

Revenue 2.2% · PAT -31.9% · OPM change -2 pp

88% evidence

12.2/25Capital efficiency

ROCE 17.7% · debt/equity 0.88×

100% evidence

10.4/20Valuation

P/E 27.5× · PEG 0.95

100% evidence

7.5/20Relative strength

RS sector -6.6% · RS bench 7.3% · 1Y -14.7%

70% evidence

01 · compare level, then change

Revenue Scale & Growth Durability

EPL Ltd has the highest Revenue among the 6 Packaging - FMCG/Consumers companies compared here, at ₹4,763 crore. AGI Greenpac Ltd is next at ₹2,666 crore. Mold-Tek Packaging Ltd has the highest Revenue growth at 31.9%, so level and change sit with different companies. 6 of 6 companies report a comparable reading, the latest through Mar 2026.

What the numbers say: EPL Ltd is the scale leader at ₹4,763 crore, 78.7% ahead of AGI Greenpac Ltd. Mold-Tek Packaging Ltd's growth is 31.9% from a ₹632 crore base, with 19 reported observations in the 20-quarter window. Treat the growth leader as an acceleration candidate, not as equally proven scale.

LeaderEPL Ltd · ₹4,763 crore
Gap78.7% versus #2 · AGI Greenpac Ltd
Persistence8/8 recent comparable periods
Coverage6/6 companies · 100 observations

Investor read: EPL Ltd is the scale benchmark; Mold-Tek Packaging Ltd is the acceleration watch. Promote the challenger only if growth persists and converts into margin and returns.

This conclusion weakens if: EPL Ltd's growth falls below Mold-Tek Packaging Ltd's for two consecutive comparable reports while operating margin also compresses.

Revenue is compared on a common reported-currency basis. Growth is year-on-year, so seasonality does not masquerade as progress.
Revenuelargest
1EPL Ltd EPL₹4.8K Cr
2AGI Greenpac Ltd AGI₹2.7K Cr
3Huhtamaki India Ltd HUHTAMAKI⚠ unverified₹2.5K Cr
4TCPL Packaging Ltd TCPLPACK₹1.8K Cr
5Mold-Tek Packaging Ltd MOLDTKPAC₹632 Cr
Revenue growthfastest growers
1Mold-Tek Packaging Ltd MOLDTKPAC32%
2Haldyn Glass Ltd HALDYNGL⚠ unverified22%
3EPL Ltd EPL13%
4AGI Greenpac Ltd AGI5.5%
5TCPL Packaging Ltd TCPLPACK2.2%
Revenue · company comparison
6/6 level · 6/6 change

Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.

All-company data · latest reported quarter

Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.

CompanyRevenueRevenue growthReported
EPL Ltd EPL₹1.3K Cr18%Mar 2026
AGI Greenpac Ltd AGI₹742 Cr5.3%Mar 2026
Huhtamaki India Ltd HUHTAMAKI⚠ unverified₹625 Cr-4.1%Jun 2026
TCPL Packaging Ltd TCPLPACK₹454 Cr7.6%Mar 2026
Mold-Tek Packaging Ltd MOLDTKPAC₹238 Cr17%Mar 2026
Haldyn Glass Ltd HALDYNGL⚠ unverified₹108 Cr29%Mar 2026
Full 20-quarter history · every available company

Revenue · reported quarter history

AGI Greenpac Ltd · AGI

₹546 Cr
₹639 Cr
—
₹522 Cr
₹513 Cr
₹567 Cr
—
₹558 Cr
₹615 Cr
₹622 Cr
₹625 Cr
₹566 Cr
₹599 Cr
₹658 Cr
₹705 Cr
₹688 Cr
₹602 Cr
₹634 Cr
₹742 Cr
—

EPL Ltd · EPL

₹870 Cr
₹883 Cr
₹880 Cr
₹832 Cr
₹948 Cr
₹945 Cr
₹969 Cr
₹910 Cr
₹1.0K Cr
₹975 Cr
₹1.0K Cr
₹1.0K Cr
₹1.1K Cr
₹1.0K Cr
₹1.1K Cr
₹1.1K Cr
₹1.2K Cr
₹1.1K Cr
₹1.3K Cr
—

Haldyn Glass Ltd · HALDYNGL⚠ unverified

—
—
—
—
—
—
₹74 Cr
₹73 Cr
₹46 Cr
₹95 Cr
₹84 Cr
₹87 Cr
₹106 Cr
₹105 Cr
₹84 Cr
₹115 Cr
₹116 Cr
₹125 Cr
₹108 Cr
—

Huhtamaki India Ltd · HUHTAMAKI⚠ unverified

—
—
—
—
₹769 Cr
₹693 Cr
₹662 Cr
₹622 Cr
₹662 Cr
₹604 Cr
₹610 Cr
₹639 Cr
₹652 Cr
₹619 Cr
₹610 Cr
₹612 Cr
₹625 Cr
—
—
—

Mold-Tek Packaging Ltd · MOLDTKPAC

₹160 Cr
₹160 Cr
₹178 Cr
₹208 Cr
₹183 Cr
₹155 Cr
₹185 Cr
₹186 Cr
₹170 Cr
₹165 Cr
₹177 Cr
₹197 Cr
₹191 Cr
₹191 Cr
₹203 Cr
₹241 Cr
₹210 Cr
₹198 Cr
₹238 Cr
—

TCPL Packaging Ltd · TCPLPACK

₹253 Cr
₹276 Cr
₹330 Cr
₹342 Cr
₹362 Cr
₹378 Cr
₹393 Cr
₹371 Cr
₹406 Cr
₹364 Cr
₹401 Cr
₹406 Cr
₹463 Cr
₹480 Cr
₹422 Cr
₹425 Cr
₹460 Cr
₹471 Cr
₹454 Cr
—

Revenue growth · reported quarter history

AGI Greenpac Ltd · AGI

—
—
—
25%
-6.0%
-11%
—
6.9%
20%
9.7%
—
1.4%
-2.6%
5.8%
13%
22%
0.5%
-3.7%
5.3%
—

EPL Ltd · EPL

—
—
—
4.1%
9.0%
7.0%
10%
9.4%
5.7%
3.2%
6.2%
11%
8.4%
4.0%
7.4%
10%
11%
13%
18%
—

Haldyn Glass Ltd · HALDYNGL⚠ unverified

—
—
—
—
—
—
—
—
—
—
14%
19%
128%
11%
-0.7%
32%
9.3%
18%
29%
—

Huhtamaki India Ltd · HUHTAMAKI⚠ unverified

—
—
—
—
—
—
—
—
-14%
-13%
-7.9%
2.7%
-1.5%
2.5%
0.0%
-4.2%
-4.1%
—
—
—

Mold-Tek Packaging Ltd · MOLDTKPAC

34%
19%
11%
55%
14%
-3.1%
3.9%
-11%
-7.1%
6.5%
-4.3%
5.9%
12%
16%
15%
22%
10.0%
3.7%
17%
—

TCPL Packaging Ltd · TCPLPACK

—
—
—
51%
43%
37%
19%
8.5%
12%
-3.7%
2.0%
9.4%
14%
32%
5.2%
4.7%
-0.7%
-1.9%
7.6%
—
02 · compare level, then change

Operating Economics & Margin Trend

AGI Greenpac Ltd has the highest OPM among the 6 Packaging - FMCG/Consumers companies compared here, at 21%. EPL Ltd is next at 20%. Huhtamaki India Ltd has the highest Margin change at +6 percentage points, so level and change sit with different companies. 6 of 6 companies report a comparable reading, the latest through Mar 2026.

What the numbers say: AGI Greenpac Ltd leads opm at 21%; Huhtamaki India Ltd leads margin change at +6 percentage points.

LeaderAGI Greenpac Ltd · 21%
Gap5% versus #2 · EPL Ltd
Persistence3/8 recent comparable periods
Coverage6/6 companies · 108 observations

Investor read: AGI Greenpac Ltd sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.

This conclusion weakens if: The next two comparable reports reverse the current margin change signal.

Operating margin compares operating profit with revenue. Improvement is measured in percentage points, not percentage growth.
OPMhighest
1AGI Greenpac Ltd AGI21%
2EPL Ltd EPL20%
3TCPL Packaging Ltd TCPLPACK15%
4Haldyn Glass Ltd HALDYNGL⚠ unverified15%
5Mold-Tek Packaging Ltd MOLDTKPAC14%
Margin changefastest expanders
1Huhtamaki India Ltd HUHTAMAKI⚠ unverified+6.0 pp
2Mold-Tek Packaging Ltd MOLDTKPAC+0.6 pp
3AGI Greenpac Ltd AGI−1.0 pp
4EPL Ltd EPL−1.0 pp
5Haldyn Glass Ltd HALDYNGL⚠ unverified−1.6 pp
Operating margin · company comparison
6/6 level · 6/6 change

Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.

All-company data · latest reported quarter

Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.

CompanyOPMMargin changeReported
AGI Greenpac Ltd AGI21%−1.0 ppMar 2026
EPL Ltd EPL20%−1.0 ppMar 2026
TCPL Packaging Ltd TCPLPACK15%−2.0 ppMar 2026
Haldyn Glass Ltd HALDYNGL⚠ unverified15%−1.6 ppMar 2026
Mold-Tek Packaging Ltd MOLDTKPAC14%+0.6 ppMar 2026
Huhtamaki India Ltd HUHTAMAKI⚠ unverified9.0%+6.0 ppJun 2026
Full 20-quarter history · every available company

OPM · reported quarter history

AGI Greenpac Ltd · AGI

18%
20%
17%
17%
17%
19%
26%
24%
22%
24%
23%
24%
26%
26%
22%
21%
25%
24%
21%
—

EPL Ltd · EPL

18%
16%
15%
15%
16%
16%
16%
17%
18%
19%
19%
18%
20%
20%
21%
20%
21%
20%
20%
—

Haldyn Glass Ltd · HALDYNGL⚠ unverified

9.4%
11%
-0.3%
8.8%
9.7%
11%
7.9%
16%
-2.8%
17%
16%
14%
15%
12%
16%
15%
12%
13%
15%
—

Huhtamaki India Ltd · HUHTAMAKI⚠ unverified

—
—
—
—
3.0%
7.0%
8.0%
6.0%
7.0%
10%
7.0%
5.0%
3.0%
4.0%
6.0%
7.0%
9.0%
—
—
—

Mold-Tek Packaging Ltd · MOLDTKPAC

20%
20%
18%
15%
15%
14%
15%
14%
13%
13%
15%
12%
11%
11%
13%
14%
12%
12%
14%
—

TCPL Packaging Ltd · TCPLPACK

14%
15%
14%
16%
16%
16%
16%
17%
16%
15%
18%
18%
17%
15%
17%
17%
15%
17%
15%
—

Margin change · reported quarter history

AGI Greenpac Ltd · AGI

+3.3 pp
+2.2 pp
−3.9 pp
+2.7 pp
−1.9 pp
−0.4 pp
+9.4 pp
+6.3 pp
+5.2 pp
+4.9 pp
−2.6 pp
+0.5 pp
+4.3 pp
+1.8 pp
−1.4 pp
−3.1 pp
−1.0 pp
−2.0 pp
−1.0 pp
—

EPL Ltd · EPL

−4.0 pp
−4.9 pp
−2.1 pp
−3.3 pp
−2.0 pp
+0.4 pp
+0.9 pp
+2.2 pp
+2.4 pp
+3.0 pp
+3.0 pp
+1.0 pp
+2.0 pp
+1.0 pp
+2.0 pp
+2.0 pp
+1.0 pp
0.0 pp
−1.0 pp
—

Haldyn Glass Ltd · HALDYNGL⚠ unverified

−6.9 pp
−5.6 pp
−7.2 pp
−1.9 pp
+0.4 pp
−0.0 pp
+8.2 pp
+6.7 pp
−12.5 pp
+6.3 pp
+8.2 pp
−1.4 pp
+17.3 pp
−5.3 pp
+0.2 pp
+0.4 pp
−2.8 pp
+1.4 pp
−1.6 pp
—

Huhtamaki India Ltd · HUHTAMAKI⚠ unverified

—
—
—
—
—
—
—
—
+4.0 pp
+3.0 pp
−1.0 pp
−1.0 pp
−4.0 pp
−6.0 pp
−1.0 pp
+2.0 pp
+6.0 pp
—
—
—

Mold-Tek Packaging Ltd · MOLDTKPAC

−2.0 pp
−1.0 pp
−2.0 pp
−4.5 pp
−5.4 pp
−6.5 pp
−3.0 pp
−0.7 pp
−1.4 pp
−0.9 pp
−0.4 pp
−1.5 pp
−1.9 pp
−1.4 pp
−1.6 pp
+1.3 pp
+0.4 pp
+0.5 pp
+0.6 pp
—

TCPL Packaging Ltd · TCPLPACK

−0.9 pp
−0.5 pp
+0.0 pp
+2.5 pp
+1.7 pp
+0.9 pp
+1.8 pp
+1.1 pp
+0.1 pp
−1.0 pp
+2.0 pp
+1.0 pp
+1.0 pp
0.0 pp
−1.0 pp
−1.0 pp
−2.0 pp
+2.0 pp
−2.0 pp
—
03 · compare level, then change

Profit Scale & Acceleration

EPL Ltd has the highest Net profit among the 6 Packaging - FMCG/Consumers companies compared here, at ₹393 crore. AGI Greenpac Ltd is next at ₹351 crore. Mold-Tek Packaging Ltd has the highest Profit growth at 33.3%, so level and change sit with different companies. 6 of 6 companies report a comparable reading, the latest through Mar 2026.

What the numbers say: EPL Ltd leads with ₹393 crore of TTM profit, 12% above AGI Greenpac Ltd. Mold-Tek Packaging Ltd shows 33.3% growth from a ₹64 crore profit base. Compare the size of the base and persistence before ranking acceleration above profit scale.

LeaderEPL Ltd · ₹393 crore
Gap12% versus #2 · AGI Greenpac Ltd
Persistence6/8 recent comparable periods
Coverage6/6 companies · 100 observations

Investor read: EPL Ltd sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.

This conclusion weakens if: The next two comparable reports reverse the current profit growth signal.

Net profit is the residual after operating costs, interest and tax. Growth off a loss or near-zero base is excluded from the fastest-grower rank.
Net profitlargest
1EPL Ltd EPL₹393 Cr
2AGI Greenpac Ltd AGI₹351 Cr
3Huhtamaki India Ltd HUHTAMAKI⚠ unverified₹100 Cr
4TCPL Packaging Ltd TCPLPACK₹98 Cr
5Mold-Tek Packaging Ltd MOLDTKPAC₹64 Cr
Profit growthfastest growers
1Mold-Tek Packaging Ltd MOLDTKPAC33%
2Haldyn Glass Ltd HALDYNGL⚠ unverified32%
3AGI Greenpac Ltd AGI8.7%
4EPL Ltd EPL8.0%
5TCPL Packaging Ltd TCPLPACK-32%
Net profit · company comparison
6/6 level · 6/6 change

Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.

All-company data · latest reported quarter

Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.

CompanyNet profitProfit growthReported
AGI Greenpac Ltd AGI₹115 Cr19%Mar 2026
EPL Ltd EPL₹103 Cr-11%Mar 2026
Huhtamaki India Ltd HUHTAMAKI⚠ unverified₹37 Cr208%Jun 2026
TCPL Packaging Ltd TCPLPACK₹22 Cr-42%Mar 2026
Mold-Tek Packaging Ltd MOLDTKPAC₹21 Cr31%Mar 2026
Haldyn Glass Ltd HALDYNGL⚠ unverified₹7 Cr62%Mar 2026
Full 20-quarter history · every available company

Net profit · reported quarter history

AGI Greenpac Ltd · AGI

₹30 Cr
₹28 Cr
—
₹66 Cr
₹34 Cr
₹53 Cr
—
₹63 Cr
₹56 Cr
₹63 Cr
₹72 Cr
₹63 Cr
₹72 Cr
₹91 Cr
₹97 Cr
₹89 Cr
₹76 Cr
₹71 Cr
₹115 Cr
—

EPL Ltd · EPL

₹51 Cr
₹57 Cr
₹49 Cr
₹33 Cr
₹46 Cr
₹63 Cr
₹85 Cr
₹56 Cr
₹52 Cr
₹87 Cr
₹15 Cr
₹66 Cr
₹88 Cr
₹94 Cr
₹116 Cr
₹101 Cr
₹106 Cr
₹83 Cr
₹103 Cr
—

Haldyn Glass Ltd · HALDYNGL⚠ unverified

—
—
—
—
—
—
₹7 Cr
₹9 Cr
₹3 Cr
₹6 Cr
₹7 Cr
₹5 Cr
₹5 Cr
₹4 Cr
₹5 Cr
₹5 Cr
₹7 Cr
₹5 Cr
₹7 Cr
—

Huhtamaki India Ltd · HUHTAMAKI⚠ unverified

—
—
—
—
₹0 Cr
₹17 Cr
₹35 Cr
₹14 Cr
₹32 Cr
₹327 Cr
₹26 Cr
₹39 Cr
₹12 Cr
₹12 Cr
₹26 Cr
₹25 Cr
₹37 Cr
—
—
—

Mold-Tek Packaging Ltd · MOLDTKPAC

₹18 Cr
₹17 Cr
₹17 Cr
₹22 Cr
₹19 Cr
₹16 Cr
₹23 Cr
₹19 Cr
₹16 Cr
₹14 Cr
₹18 Cr
₹17 Cr
₹14 Cr
₹14 Cr
₹16 Cr
₹22 Cr
₹15 Cr
₹14 Cr
₹21 Cr
—

TCPL Packaging Ltd · TCPLPACK

₹11 Cr
₹14 Cr
₹17 Cr
₹23 Cr
₹40 Cr
₹24 Cr
₹24 Cr
₹24 Cr
₹28 Cr
₹19 Cr
₹29 Cr
₹32 Cr
₹36 Cr
₹38 Cr
₹38 Cr
₹22 Cr
₹29 Cr
₹25 Cr
₹22 Cr
—

Profit growth · reported quarter history

AGI Greenpac Ltd · AGI

—
—
—
500%
13%
89%
—
-4.6%
65%
19%
—
0.0%
29%
44%
35%
41%
5.6%
-22%
19%
—

EPL Ltd · EPL

—
—
—
-43%
-9.8%
11%
73%
70%
13%
38%
-82%
18%
69%
8.1%
673%
53%
20%
-12%
-11%
—

Haldyn Glass Ltd · HALDYNGL⚠ unverified

—
—
—
—
—
—
—
—
—
—
3.1%
-44%
81%
-31%
-33%
5.9%
30%
32%
62%
—

Huhtamaki India Ltd · HUHTAMAKI⚠ unverified

—
—
—
—
—
—
—
—
—
1,824%
-26%
179%
-63%
-96%
0.0%
-36%
208%
—
—
—

Mold-Tek Packaging Ltd · MOLDTKPAC

38%
13%
-5.6%
83%
5.6%
-5.9%
35%
-14%
-16%
-13%
-22%
-11%
-13%
0.0%
-11%
29%
7.1%
0.0%
31%
—

TCPL Packaging Ltd · TCPLPACK

—
—
—
283%
264%
71%
41%
4.4%
-30%
-21%
21%
33%
29%
100%
31%
-31%
-19%
-34%
-42%
—
04 · not available

Capacity Spending & Returns On It

No company in this Packaging - FMCG/Consumers comparison reports capital expenditure on a comparable basis, so there is nothing to rank here — 0 of 6 companies have a usable current reading. The section is shown rather than removed so an unavailable metric is not mistaken for one that was quietly left out. Filings were read through Jun 2026.

CAPEX is cash spent on property, plant, equipment and other reported capital assets. CAPEX intensity divides that spend by revenue; high intensity is a reinvestment signal, not proof that the reinvestment will earn attractive returns.
05 · compare level, then change

Debt Load & Balance-Sheet Headroom

Haldyn Glass Ltd has the lowest Gross debt among the 6 Packaging - FMCG/Consumers companies compared here, at ₹116 crore. Huhtamaki India Ltd is next at ₹145 crore. Huhtamaki India Ltd has the lowest Net debt at ₹251 crore net cash, so level and change sit with different companies.

What the numbers say: Huhtamaki India Ltd has the clearest covered balance-sheet capacity with ₹251 crore net cash and gross debt of ₹145 crore. Absolute debt alone does not identify the strongest balance sheet because company scale differs; net debt and debt-to-equity carry more information.

LeaderHaldyn Glass Ltd · ₹116 crore
Gap20% versus #2 · Huhtamaki India Ltd
Persistence0/8 recent comparable periods
Coverage6/6 companies · 115 observations

Investor read: Prioritize net-cash capacity and leverage relative to operating scale, not the smallest absolute rupee debt.

This conclusion weakens if: Net debt rises faster than revenue and profit for two consecutive reported periods.

Gross debt shows contractual borrowings. Net debt subtracts reported cash; a negative value means net cash. Lower debt can create capacity, but should be read against the scale and capital intensity of the business.
Gross debtlowest gross debt
1Haldyn Glass Ltd HALDYNGL⚠ unverified₹116 Cr
2Huhtamaki India Ltd HUHTAMAKI⚠ unverified₹145 Cr
3Mold-Tek Packaging Ltd MOLDTKPAC₹220 Cr
4AGI Greenpac Ltd AGI₹241 Cr
5TCPL Packaging Ltd TCPLPACK₹634 Cr
Net debtlowest net debt
1Huhtamaki India Ltd HUHTAMAKI⚠ unverified₹-251 Cr
2AGI Greenpac Ltd AGI₹74 Cr
3Haldyn Glass Ltd HALDYNGL⚠ unverified₹105 Cr
4Mold-Tek Packaging Ltd MOLDTKPAC₹219 Cr
5TCPL Packaging Ltd TCPLPACK₹616 Cr
Debt and balance-sheet capacity · company comparison
6/6 level · 6/6 change

Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.

All-company data · latest reported quarter

Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.

CompanyGross debtNet debtReported
EPL Ltd EPL₹962 Cr₹749 CrMar 2026
TCPL Packaging Ltd TCPLPACK₹634 Cr₹616 CrMar 2026
AGI Greenpac Ltd AGI₹241 Cr₹74 CrMar 2026
Mold-Tek Packaging Ltd MOLDTKPAC₹220 Cr₹219 CrMar 2026
Huhtamaki India Ltd HUHTAMAKI⚠ unverified₹145 Cr₹-251 CrJun 2026
Haldyn Glass Ltd HALDYNGL⚠ unverified₹116 Cr₹105 CrMar 2026
Full 20-quarter history · every available company

Gross debt · reported quarter history

AGI Greenpac Ltd · AGI

₹1.0K Cr
₹1.0K Cr
₹1.2K Cr
₹1.2K Cr
₹1.1K Cr
₹1.1K Cr
₹737 Cr
₹738 Cr
₹802 Cr
₹802 Cr
₹619 Cr
₹620 Cr
₹606 Cr
₹606 Cr
₹553 Cr
₹556 Cr
₹460 Cr
₹463 Cr
₹241 Cr
—

EPL Ltd · EPL

₹718 Cr
₹718 Cr
₹769 Cr
₹767 Cr
₹862 Cr
₹862 Cr
₹890 Cr
₹890 Cr
₹919 Cr
₹919 Cr
₹912 Cr
₹912 Cr
₹846 Cr
₹846 Cr
₹802 Cr
₹803 Cr
₹850 Cr
₹850 Cr
₹962 Cr
—

Haldyn Glass Ltd · HALDYNGL⚠ unverified

₹11 Cr
₹11 Cr
₹12 Cr
₹12 Cr
₹10 Cr
₹10 Cr
₹47 Cr
₹47 Cr
₹97 Cr
₹97 Cr
₹123 Cr
₹123 Cr
₹124 Cr
₹124 Cr
₹128 Cr
₹128 Cr
₹133 Cr
₹133 Cr
₹116 Cr
—

Huhtamaki India Ltd · HUHTAMAKI⚠ unverified

₹408 Cr
₹412 Cr
₹409 Cr
₹541 Cr
₹541 Cr
₹410 Cr
₹410 Cr
₹413 Cr
₹413 Cr
₹255 Cr
₹255 Cr
₹258 Cr
₹258 Cr
₹149 Cr
₹149 Cr
₹149 Cr
₹149 Cr
₹144 Cr
₹144 Cr
₹145 Cr

Mold-Tek Packaging Ltd · MOLDTKPAC

₹114 Cr
₹114 Cr
₹44 Cr
₹44 Cr
₹41 Cr
₹41 Cr
₹47 Cr
₹47 Cr
₹77 Cr
₹77 Cr
₹132 Cr
₹126 Cr
₹166 Cr
₹166 Cr
₹181 Cr
₹181 Cr
₹227 Cr
₹227 Cr
₹220 Cr
—

TCPL Packaging Ltd · TCPLPACK

₹404 Cr
₹404 Cr
₹463 Cr
₹463 Cr
₹467 Cr
₹467 Cr
₹501 Cr
₹501 Cr
₹585 Cr
₹585 Cr
₹504 Cr
₹504 Cr
₹601 Cr
₹601 Cr
₹651 Cr
₹651 Cr
₹691 Cr
₹691 Cr
₹634 Cr
—

Net debt · reported quarter history

AGI Greenpac Ltd · AGI

₹1.0K Cr
₹1.0K Cr
₹1.1K Cr
₹1.1K Cr
₹827 Cr
₹827 Cr
₹502 Cr
₹459 Cr
₹558 Cr
₹558 Cr
₹270 Cr
₹230 Cr
₹337 Cr
₹337 Cr
₹162 Cr
₹157 Cr
₹447 Cr
₹447 Cr
₹74 Cr
—

EPL Ltd · EPL

₹457 Cr
₹457 Cr
₹582 Cr
₹580 Cr
₹690 Cr
₹690 Cr
₹636 Cr
₹636 Cr
₹691 Cr
₹691 Cr
₹711 Cr
₹711 Cr
₹695 Cr
₹695 Cr
₹587 Cr
₹581 Cr
₹622 Cr
₹622 Cr
₹749 Cr
—

Haldyn Glass Ltd · HALDYNGL⚠ unverified

₹-23 Cr
₹-23 Cr
₹-4 Cr
₹-20 Cr
₹-10 Cr
₹-10 Cr
₹41 Cr
₹21 Cr
₹86 Cr
₹86 Cr
₹121 Cr
₹112 Cr
₹111 Cr
₹111 Cr
₹127 Cr
₹116 Cr
₹121 Cr
₹121 Cr
₹105 Cr
—

Huhtamaki India Ltd · HUHTAMAKI⚠ unverified

₹349 Cr
₹380 Cr
₹376 Cr
₹527 Cr
₹527 Cr
₹367 Cr
₹367 Cr
₹361 Cr
₹361 Cr
₹-136 Cr
₹-136 Cr
₹-62 Cr
₹-62 Cr
₹-178 Cr
₹-178 Cr
₹-132 Cr
₹-132 Cr
₹-349 Cr
₹-349 Cr
₹-251 Cr

Mold-Tek Packaging Ltd · MOLDTKPAC

₹111 Cr
₹111 Cr
₹40 Cr
₹28 Cr
₹37 Cr
₹37 Cr
₹42 Cr
₹41 Cr
₹75 Cr
₹75 Cr
₹132 Cr
₹124 Cr
₹161 Cr
₹161 Cr
₹181 Cr
₹179 Cr
₹226 Cr
₹226 Cr
₹219 Cr
—

TCPL Packaging Ltd · TCPLPACK

₹386 Cr
₹386 Cr
₹454 Cr
₹457 Cr
₹460 Cr
₹460 Cr
₹495 Cr
₹495 Cr
₹540 Cr
₹540 Cr
₹482 Cr
₹482 Cr
₹570 Cr
₹570 Cr
₹633 Cr
₹633 Cr
₹676 Cr
₹676 Cr
₹616 Cr
—
06 · compare level, then change

Return On Capital Employed

Mold-Tek Packaging Ltd has the highest ROCE among the 6 Packaging - FMCG/Consumers companies compared here, at 22.2%. AGI Greenpac Ltd is next at 19.6%. Huhtamaki India Ltd has the highest ROCE change at +5.4 percentage points, so level and change sit with different companies. 6 of 6 companies report a comparable reading, the latest through Mar 2026.

What the numbers say: Mold-Tek Packaging Ltd leads ROCE at 22.2%, 2.6 percentage points above AGI Greenpac Ltd. Huhtamaki India Ltd has the strongest latest improvement at +5.4 percentage points. Read the leader beside the density of its reported history: a sparse high return is a candidate; a repeated high return is evidence of durability.

LeaderMold-Tek Packaging Ltd · 22.2%
Gap13.3% versus #2 · AGI Greenpac Ltd
Persistence2/8 recent comparable periods
Coverage6/6 companies · 81 observations

Investor read: Mold-Tek Packaging Ltd sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.

This conclusion weakens if: The next two comparable reports reverse the current roce change signal.

ROCE asks how much operating return the business earns on the capital employed. Direction matters, but a single exceptional year should not be mistaken for durability.
ROCEhighest
1Mold-Tek Packaging Ltd MOLDTKPAC22%
2AGI Greenpac Ltd AGI20%
3EPL Ltd EPL18%
4TCPL Packaging Ltd TCPLPACK18%
5Huhtamaki India Ltd HUHTAMAKI⚠ unverified18%
ROCE changefastest improvers
1Huhtamaki India Ltd HUHTAMAKI⚠ unverified+5.4 pp
2Haldyn Glass Ltd HALDYNGL⚠ unverified+2.0 pp
3Mold-Tek Packaging Ltd MOLDTKPAC+1.5 pp
4AGI Greenpac Ltd AGI+0.1 pp
5EPL Ltd EPL−1.0 pp
Return on capital · company comparison
6/6 level · 6/6 change

Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.

All-company data · latest reported quarter

Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.

CompanyROCEROCE changeReported
TCPL Packaging Ltd TCPLPACK20%−2.3 ppMar 2026
EPL Ltd EPL18%−1.0 ppMar 2026
AGI Greenpac Ltd AGI17%+0.1 ppMar 2026
Mold-Tek Packaging Ltd MOLDTKPAC14%+1.5 ppMar 2026
Huhtamaki India Ltd HUHTAMAKI⚠ unverified11%+5.4 ppJun 2026
Haldyn Glass Ltd HALDYNGL⚠ unverified11%+2.0 ppMar 2026
Full 20-quarter history · every available company

ROCE · reported quarter history

AGI Greenpac Ltd · AGI

5.9%
—
—
—
7.7%
—
—
—
11%
—
16%
—
16%
—
17%
20%
18%
19%
17%
—

EPL Ltd · EPL

16%
—
14%
—
12%
—
13%
—
15%
17%
15%
15%
18%
16%
19%
20%
19%
21%
18%
—

Haldyn Glass Ltd · HALDYNGL⚠ unverified

9.7%
—
6.1%
—
8.2%
—
11%
—
5.9%
14%
8.0%
15%
11%
15%
8.7%
12%
9.2%
13%
11%
—

Huhtamaki India Ltd · HUHTAMAKI⚠ unverified

—
1.6%
—
3.9%
—
7.0%
—
8.9%
13%
10%
44%
9.2%
43%
5.1%
9.6%
5.3%
10%
9.6%
—
11%

Mold-Tek Packaging Ltd · MOLDTKPAC

28%
29%
19%
—
20%
—
18%
—
15%
—
14%
—
13%
—
13%
—
13%
—
14%
—

TCPL Packaging Ltd · TCPLPACK

17%
—
16%
—
22%
—
25%
—
23%
26%
22%
26%
23%
27%
23%
26%
21%
23%
20%
—

ROCE change · reported quarter history

AGI Greenpac Ltd · AGI

—
—
—
—
+1.8 pp
—
—
—
+3.7 pp
—
—
—
+4.1 pp
—
+1.0 pp
—
+2.2 pp
—
+0.1 pp
—

EPL Ltd · EPL

—
—
—
—
−4.0 pp
—
−0.8 pp
—
+2.4 pp
—
+2.1 pp
—
+2.9 pp
−0.2 pp
+3.3 pp
+5.5 pp
+1.1 pp
+4.1 pp
−1.0 pp
—

Haldyn Glass Ltd · HALDYNGL⚠ unverified

—
—
—
—
−1.5 pp
—
+5.1 pp
—
−2.3 pp
—
−3.2 pp
—
+5.0 pp
+0.4 pp
+0.7 pp
−2.7 pp
−1.7 pp
−1.3 pp
+2.0 pp
—

Huhtamaki India Ltd · HUHTAMAKI⚠ unverified

—
—
—
—
—
+5.4 pp
—
+5.0 pp
—
+3.2 pp
—
+0.3 pp
+30.3 pp
−5.1 pp
−33.9 pp
−3.9 pp
−33.2 pp
+4.5 pp
—
+5.4 pp

Mold-Tek Packaging Ltd · MOLDTKPAC

—
—
—
—
−7.6 pp
—
−1.2 pp
—
−4.8 pp
—
−3.6 pp
—
−2.7 pp
—
−1.5 pp
—
+0.7 pp
—
+1.5 pp
—

TCPL Packaging Ltd · TCPLPACK

—
—
—
—
+5.3 pp
—
+8.4 pp
—
+1.0 pp
—
−2.5 pp
—
−0.4 pp
+1.0 pp
+0.5 pp
−0.5 pp
−1.4 pp
−4.1 pp
−2.3 pp
—
07 · compare level, then change

Valuation Against Growth & Quality

EPL Ltd has the lowest Guarded PEG among the 6 Packaging - FMCG/Consumers companies compared here, at 0.41×. Mold-Tek Packaging Ltd is next at 0.88×. AGI Greenpac Ltd has the lowest P/E at 12.2×, so level and change sit with different companies. 4 of 6 companies report a comparable reading, the latest through Mar 2026.

What the numbers say: EPL Ltd has the lowest comparable Guarded PEG at 0.41×, 53.4% below Mold-Tek Packaging Ltd. Only 4 of 6 companies pass the guard, so no broad “cheapest stock” conclusion is defensible unless the current multiple, own-history position and growth durability agree.

LeaderEPL Ltd · 0.41×
Gap53.4% versus #2 · Mold-Tek Packaging Ltd
Persistence0/8 recent comparable periods
Coverage4/6 companies · 33 observations

Investor read: Treat valuation as permission to investigate, never as a standalone reason to buy.

This conclusion weakens if: The next two comparable reports reverse the current p/e signal.

PEG is shown only when earnings are positive and three-year EPS growth is between 5% and 60%. It is recomputed consistently as the trailing P/E divided by that growth rate — reported earnings, never an expected-earnings multiple. On Indian companies it is shown only where the two data sources reconciled. A missing PEG is more honest than a low-base fiction.
Guarded PEGlowest PEG
1EPL Ltd EPL0.4
2Mold-Tek Packaging Ltd MOLDTKPAC0.9
3TCPL Packaging Ltd TCPLPACK1.0
4AGI Greenpac Ltd AGI2.9
P/Elowest P/E
1AGI Greenpac Ltd AGI12.2
2EPL Ltd EPL18.2
3Haldyn Glass Ltd HALDYNGL⚠ unverified24.4
4TCPL Packaging Ltd TCPLPACK27.5
5Huhtamaki India Ltd HUHTAMAKI⚠ unverified28.5
Valuation · company comparison
4/6 level · 6/6 change

Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.

All-company data · latest reported quarter

Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.

CompanyGuarded PEGP/EReported
AGI Greenpac Ltd AGI2.99.4Mar 2026
TCPL Packaging Ltd TCPLPACK1.017.5Mar 2026
Mold-Tek Packaging Ltd MOLDTKPAC0.923.7Mar 2026
EPL Ltd EPL0.415.4Mar 2026
Huhtamaki India Ltd HUHTAMAKI⚠ unverified—16.9Jun 2026
Haldyn Glass Ltd HALDYNGL⚠ unverified—17.3Mar 2026
Full 20-quarter history · every available company

Guarded PEG · reported quarter history

AGI Greenpac Ltd · AGI

—
—
—
—
3.1
—
—
—
—
3.4
—
—
3.6
3.4
2.4
2.1
2.9
—
—
—

EPL Ltd · EPL

—
—
—
—
—
—
—
—
0.8
0.7
0.5
1.4
—
1.6
2.1
0.5
0.3
0.4
—
—

Mold-Tek Packaging Ltd · MOLDTKPAC

—
—
—
1.2
—
—
1.6
—
—
—
—
—
—
—
—
0.9
3.8
5.8
0.9
—

TCPL Packaging Ltd · TCPLPACK

—
0.8
0.4
—
—
—
—
2.4
0.4
0.6
2.0
0.7
2.8
1.8
0.8
—
1.0
—
—
—

P/E · reported quarter history

AGI Greenpac Ltd · AGI

24.5
22.5
33.0
20.8
35.7
34.9
34.5
61.7
96.2
88.4
77.5
75.2
102.0
119.7
79.5
86.1
16.2
13.6
9.4
—

EPL Ltd · EPL

31.3
27.7
23.7
22.3
29.2
29.0
26.8
29.9
24.0
25.5
20.7
25.2
31.2
28.4
21.1
21.3
16.6
16.3
15.4
—

Haldyn Glass Ltd · HALDYNGL⚠ unverified

15.6
16.8
19.4
16.9
20.4
17.1
14.4
14.6
19.2
30.8
32.6
29.7
41.1
34.8
22.5
31.5
26.4
24.2
17.3
—

Huhtamaki India Ltd · HUHTAMAKI⚠ unverified

23.1
19.6
13.2
14.0
18.8
17.1
16.3
23.5
22.1
24.7
25.7
31.0
33.5
23.9
15.5
18.5
19.7
17.9
13.4
16.9

Mold-Tek Packaging Ltd · MOLDTKPAC

25.5
36.1
32.0
32.3
43.0
46.3
44.4
49.7
45.0
45.1
38.4
39.4
37.2
33.4
20.7
33.5
36.1
29.7
23.7
—

TCPL Packaging Ltd · TCPLPACK

12.4
12.2
14.4
15.4
16.6
18.3
14.8
13.9
20.7
20.4
21.2
22.9
28.8
25.3
31.0
23.3
22.6
22.0
17.5
—
08 · compare level, then change

Enterprise Value & Book Value

AGI Greenpac Ltd has the lowest EV/EBITDA among the 6 Packaging - FMCG/Consumers companies compared here, at 5.4×. Haldyn Glass Ltd is next at 7×. The same company also holds the lowest P/BV, at 1.81×. 6 of 6 companies report a comparable reading, the latest through Mar 2026. Its EV/EBITDA series carries 19 reported observations across the 20-quarter window.

What the numbers say: AGI Greenpac Ltd leads both ev/ebitda at 5.4× and p/bv at 1.81×.

LeaderAGI Greenpac Ltd · 5.4×
Gap22.9% versus #2 · Haldyn Glass Ltd
Persistence0/8 recent comparable periods
Coverage6/6 companies · 115 observations

Investor read: Treat valuation as permission to investigate, never as a standalone reason to buy.

This conclusion weakens if: The next two comparable reports reverse the current p/bv signal.

EV/EBITDA includes debt in enterprise value and is useful across different capital structures. P/BV prices the company against its own book. Both are market multiples on reported figures, not intrinsic-value estimates and not forecasts.
EV/EBITDAlowest EV/EBITDA
1AGI Greenpac Ltd AGI5.4
2Haldyn Glass Ltd HALDYNGL⚠ unverified7.0
3Huhtamaki India Ltd HUHTAMAKI⚠ unverified7.0
4EPL Ltd EPL7.1
5TCPL Packaging Ltd TCPLPACK9.0
P/BVlowest P/BV
1AGI Greenpac Ltd AGI1.8
2EPL Ltd EPL2.6
3Haldyn Glass Ltd HALDYNGL⚠ unverified2.7
4Huhtamaki India Ltd HUHTAMAKI⚠ unverified3.4
5TCPL Packaging Ltd TCPLPACK4.1
Enterprise and book valuation · company comparison
6/6 level · 6/6 change

Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.

All-company data · latest reported quarter

Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.

CompanyEV/EBITDAP/BVReported
Mold-Tek Packaging Ltd MOLDTKPAC13.33.3Mar 2026
TCPL Packaging Ltd TCPLPACK9.03.2Mar 2026
EPL Ltd EPL7.12.4Mar 2026
Huhtamaki India Ltd HUHTAMAKI⚠ unverified7.02.1Jun 2026
Haldyn Glass Ltd HALDYNGL⚠ unverified7.01.8Mar 2026
AGI Greenpac Ltd AGI5.41.4Mar 2026
Full 20-quarter history · every available company

EV/EBITDA · reported quarter history

AGI Greenpac Ltd · AGI

7.6
7.3
9.1
7.0
9.6
9.5
9.4
14.2
20.4
19.0
17.1
16.6
21.4
22.3
15.1
18.7
8.1
7.4
5.4
—

EPL Ltd · EPL

13.3
11.6
9.8
8.9
11.2
11.0
10.1
12.0
10.0
10.2
8.5
8.9
11.0
10.9
8.4
9.6
7.8
7.8
7.1
—

Haldyn Glass Ltd · HALDYNGL⚠ unverified

6.4
7.9
8.4
7.4
11.6
10.5
8.6
9.1
12.6
20.6
19.1
12.3
15.6
12.6
8.1
10.6
9.0
8.8
7.0
—

Huhtamaki India Ltd · HUHTAMAKI⚠ unverified

9.1
7.9
5.8
6.1
7.7
7.1
6.8
9.2
8.8
9.6
10.0
11.7
12.5
9.4
6.6
7.6
8.0
7.4
5.9
7.0

Mold-Tek Packaging Ltd · MOLDTKPAC

14.4
21.6
19.5
19.8
23.9
25.7
24.7
27.7
25.1
25.1
21.5
22.0
20.8
18.7
11.7
18.8
20.2
16.7
13.3
—

TCPL Packaging Ltd · TCPLPACK

5.6
6.0
6.8
6.6
8.2
8.8
7.6
7.1
9.9
10.1
10.0
10.6
13.2
12.3
15.5
12.3
11.8
11.1
9.0
—

P/BV · reported quarter history

AGI Greenpac Ltd · AGI

1.1
1.0
1.5
0.9
1.6
1.6
1.6
2.8
4.3
4.0
3.5
3.4
4.6
3.8
2.5
3.9
2.7
2.1
1.4
—

EPL Ltd · EPL

4.7
3.7
3.0
2.8
3.0
2.9
2.8
3.7
3.0
3.2
2.8
3.2
3.9
3.8
2.9
3.7
2.8
2.6
2.4
—

Haldyn Glass Ltd · HALDYNGL⚠ unverified

1.4
1.6
1.5
1.4
2.0
2.2
2.2
2.6
3.2
4.0
4.2
4.1
4.2
3.8
2.3
3.0
2.4
2.3
1.8
—

Huhtamaki India Ltd · HUHTAMAKI⚠ unverified

2.9
2.5
1.6
1.8
2.4
2.1
2.0
2.9
2.8
3.1
3.2
3.9
4.2
3.0
1.9
2.3
2.5
2.2
1.7
2.1

Mold-Tek Packaging Ltd · MOLDTKPAC

5.8
7.9
7.6
7.5
6.0
6.4
6.2
6.9
6.3
6.3
5.3
5.5
5.2
4.7
2.9
4.7
5.0
4.1
3.3
—

TCPL Packaging Ltd · TCPLPACK

1.6
1.5
2.0
2.4
2.7
3.5
3.8
3.8
4.5
4.3
4.3
5.2
6.0
5.1
7.3
6.4
4.7
4.2
3.2
—
09 · let price answer last

Market action

Huhtamaki India Ltd has the strongest one-year price move in Packaging - FMCG/Consumers at +4.4%. Haldyn Glass Ltd leads on Mansfield relative strength against NIFTY at +18%. 5 of 6 covered companies are above zero on that measure. Every line covers 313 weekly closes through 2026-07-17.

Every price line is indexed to 100 over the chosen window. Mansfield relative strength compares a price ratio with its own 52-week average; zero separates leadership from lagging.
Price and relative strength

Price is rebased to 100 inside the selected window. Pair ratio rebases each selected company against one chosen denominator.

Before the conclusion · check the blind spots

What can make this comparison misleading?

This Packaging - FMCG/Consumers comparison names 6 specific ways its own evidence can mislead, all listed below. All 6 companies here report on comparable dates, so no rank carries a stale marker. 2 draw at least one figure from a second feed with too little overlap to cross-check. A high growth rate can still be a low-base artefact.

Keep these limits visible

  • A high growth rate can be a low-base artefact. The page keeps level and change separate for that reason.
  • A high ROCE can be temporary or flattered by a small capital base. Read it beside margin, cash conversion and reinvestment.
  • The 4-Factor Sector Score ranks research priority, not portfolio action. Management quality, catalysts and risks need equally fresh evidence before capital is deployed.
  • An “all companies” line chart preserves completeness, but rank changes should be checked against reporting dates before drawing a conclusion.
  • 2 companies draw at least one figure from a second data feed with too little overlapping history to cross-check against the primary source; they are marked unverified wherever those figures appear.
  • Thin comparisons: Capital expenditure have fewer than three usable current readings.
10 · the complete set

Which companies are included?

All 6 companies in the canonical Packaging - FMCG/Consumers membership are listed below, largest market value first — nothing is silently dropped, even where a company reports too little to rank. The charts above default to a selective view; this register is the complete set, with each company's own latest reporting date beside it.

AHEAD means the company is beating the index by 5% or more over three months. LAGGING, FUNDAMENTALS UP means it is 20% or more behind over a year while its trailing twelve-month earnings grew 20% or more. Both rules are fixed and applied the same way in every sector.

CompanyMarket valuePricePriced toLatest fundamentalsSource standing
EPL Ltd EPL22/26 WEEKS₹7.5K Cr₹2332026-07-19Mar 2026Cross-checked
AGI Greenpac Ltd AGIAHEAD₹4.4K Cr₹6732026-07-19Mar 2026Cross-checked
TCPL Packaging Ltd TCPLPACKAHEAD₹2.9K Cr₹3,2262026-07-19Mar 2026Cross-checked
Mold-Tek Packaging Ltd MOLDTKPACAHEAD₹2.4K Cr₹7272026-07-19Mar 2026Cross-checked
Huhtamaki India Ltd HUHTAMAKIAHEAD⚠ unverified₹2.4K Cr₹3192026-07-19Jun 2026Includes unverified figures
Haldyn Glass Ltd HALDYNGL⚠ unverified₹639 Cr₹1192026-07-19Mar 2026Includes unverified figures
How each company's sources stand: 2 of 6 companies draw at least one figure from a second data feed that could not be cross-checked against the primary source, because the two do not share enough reported history to compare. Those figures are marked unverified wherever they appear.
Evidence and freshness

How was this comparison built?

This comparison is built from the reported filings of 6 Packaging - FMCG/Consumers companies, normalized to a common ₹ scale and a shared quarter axis of up to 20 quarters each. Fundamentals run through Jun 2026 and market data through 2026-07-24. A second data feed fills gaps only after identity and scale reconciliation, and missing observations are never interpolated.

FundamentalsThrough Jun 2026 · up to 20 quarters per company
Market dataThrough 2026-07-24 · weekly price and relative-strength history
Derived metricsGrowth, changes, CAPEX intensity, net debt, guarded PEG and P/BV÷ROE are calculated only when their inputs are comparable.
Score confidenceMissing and stale evidence reduces confidence and pulls the 0–100 research-priority score toward neutral.
Source standing4 cross-checked · 2 unverified · 0 withheld, of 6 graded companies.

A second feed is read only after its reported income is matched against the primary source on at least three overlapping periods. Where the two agree the figures fill silently. Where there is too little shared history to compare, the figures are still drawn — they are the only evidence there is — and marked ⚠ unverified everywhere they appear. Where the two are known to disagree, nothing from the second feed is drawn and the affected company is named under the chart it is missing from. Every company's standing is listed in the register above.

Questions investors ask · short, speakable answers

Packaging - FMCG/Consumers company comparison FAQs

These 18 answers restate the Packaging - FMCG/Consumers comparison above in question form. Every one is computed from the same 6 companies and the same reported filings as the rankings and charts, current through Jun 2026. Price and relative-strength answers run through 2026-07-24. Nothing here is estimated, and none of it is a recommendation.

What is the Nifty Packaging - FMCG/Consumers index?

The Nifty Packaging - FMCG/Consumers index tracks India's listed Packaging - FMCG/Consumers companies as a single basket. This page follows the same 6 companies and equal-weights them, so every company's weekly return counts once whatever it is worth, and the reading belongs to the Packaging - FMCG/Consumers sector rather than to its largest constituent. Figures are as of Jun 2026.

Which are the best Packaging - FMCG/Consumers stocks in India?

Ranked by this page's four-factor score, Mold-Tek Packaging Ltd places first among 6 listed Packaging - FMCG/Consumers companies, followed by EPL Ltd. That is a ranking of published data — earnings, quality, valuation and market behaviour as of Jun 2026 — and not a recommendation; Sector Alpha is not registered with SEBI as an investment adviser.

How many Packaging - FMCG/Consumers stocks are listed in India?

This comparison covers 6 listed Packaging - FMCG/Consumers companies in India, each above the size floor the site applies, with 20 quarters of reported figures per company where the filings exist. The full ranked list is on this page, as of Jun 2026.

Which Packaging - FMCG/Consumers company is the biggest?

EPL Ltd is the largest, with trailing-twelve-month revenue of ₹4,763 crore, ahead of AGI Greenpac Ltd at ₹2,666 crore. That covers 6 of 6 companies with comparable reporting through Mar 2026.

Which Packaging - FMCG/Consumers company is growing fastest?

Mold-Tek Packaging Ltd has the fastest revenue growth at 31.9% year on year, across 6 of 6 comparable companies. Fast growth off a small base is not the same as proven scale — check whether the rate holds across several quarters on the chart above before treating it as a trend.

Which Packaging - FMCG/Consumers company has the best profit margins?

AGI Greenpac Ltd has the highest operating margin at 21%, from 6 of 6 comparable companies. Huhtamaki India Ltd shows the biggest recent improvement, at +6 percentage points. A high margin matters most when it is holding or rising, not when it is peaking.

Which Packaging - FMCG/Consumers company makes the most profit?

EPL Ltd earns the most, at ₹393 crore of trailing-twelve-month net profit, from 6 of 6 comparable companies. Mold-Tek Packaging Ltd has the fastest profit growth at 33.3%, though growth off a small or recovering profit base overstates how much has actually changed.

Which Packaging - FMCG/Consumers company earns the highest return on capital?

Mold-Tek Packaging Ltd leads on return on capital employed at 22.2%, across 6 of 6 companies. Read it beside the length of its reported history: a high return that repeats for years is evidence of a durable business, while a single high reading can be a small capital base or one good year.

Which Packaging - FMCG/Consumers stock is the cheapest?

On guarded PEG — where a LOWER number is cheaper — EPL Ltd screens cheapest at 0.41×. Only 4 of 6 companies pass the comparability guard, so this is not a sector-wide "cheapest stock" verdict. Cheap on a multiple is a reason to investigate, never a reason to buy on its own.

Which Packaging - FMCG/Consumers company has the strongest balance sheet?

Haldyn Glass Ltd carries the lowest comparable gross debt at ₹116 crore, from 6 of 6 companies. Absolute rupee debt alone does not settle it, because company scale differs — net debt and debt-to-equity in the chart above carry more information, and a very low-debt balance sheet can also mean under-investment.

Which Packaging - FMCG/Consumers stock has the strongest price momentum?

Haldyn Glass Ltd has the strongest relative strength against NIFTY 500. Relative strength answers last, after growth, quality and valuation: price can move well before the fundamentals confirm it, and sometimes without them confirming at all.

Which Packaging - FMCG/Consumers company scores highest for research priority?

Mold-Tek Packaging Ltd scores 67.8 out of 100 with 89.6% evidence confidence, from 27.3 points on growth and earnings, 16.9 on capital efficiency, 11.1 on valuation and 12.5 on relative strength. This ranks what deserves work next. It is not a buy recommendation, and management quality, catalysts and risk still need separate research.

How many Packaging - FMCG/Consumers companies does this comparison cover, and over what period?

It compares 6 listed companies over up to 20 reported quarters of fundamentals and 10 fiscal years of capital allocation, ending Jun 2026, plus weekly price and relative-strength history. Membership is the full sector list — nothing is dropped for having thin data.

What is the total market cap of the Packaging - FMCG/Consumers sector?

The 6 Packaging - FMCG/Consumers companies on this page carry ₹20,217 crore of combined market value. EPL Ltd is the largest at ₹7,465 crore, about 37% of the sector's total on its own. Market value moves with price, so this reading is dated 2026-07-29.

What is the Packaging - FMCG/Consumers sector's P/E ratio?

The median price-to-earnings ratio across the 6 Packaging - FMCG/Consumers companies on this page is 27.5×, measured on the 6 that report a comparable figure. A sector-level history for this multiple is not held here, so this is a cross-section of today, not a comparison with the sector’s own past. Figures are as of 2026-07-29.

How is the Packaging - FMCG/Consumers sector performing?

5 of the 6 covered Packaging - FMCG/Consumers companies are beating NIFTY 500 on Mansfield relative strength. A 52-week sector-versus-index comparison is not available from the current market series for this sector, so it is not quoted. Readings are as of 2026-07-29.

Why are some values on this page blank?

A blank means that company did not report a comparable figure for that period, so nothing is shown. Missing observations are never interpolated, carried forward, or replaced with a similar-looking accounting line, and a company with missing evidence has its research score pulled toward neutral rather than being scored as bad.

Is this investment advice?

No. Every figure here is a deterministic calculation from reported company filings and market data, published for research. It contains no recommendation to buy or sell any security, does not account for your circumstances, and is not a substitute for advice from a licensed adviser.

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