Consumer Packaging Stocks and Companies in India

The largest Consumer Packaging stocks in India by market value are EPL (₹7,187 crore), AGI Greenpac (₹4,249 crore) and TCPL Packaging (₹4,143 crore), at prices of 4 Nov 2026.

• EPL: ₹223.99 | market value ₹7,187 crore | P/E 17.5
• AGI Greenpac: ₹656.75 | market value ₹4,249 crore | P/E 11.9
• TCPL Packaging: ₹4,403.95 | market value ₹4,143 crore | P/E 33.3
• Knack Packaging: ₹187.59 | market value ₹2,295 crore | P/E 23.5
• Mold-Tek Packaging: ₹330.40 | market value ₹2,195 crore | P/E 28.8
• Huhtamaki India: ₹216.35 | market value ₹1,634 crore | P/E 11.9
• Haldyn Glass: ₹131.81 | market value ₹708 crore | P/E 22.9

Share price | market value | P/E, biggest first. Prices, market values and ratios at the official close of 4 Nov 2026; the score list below uses the weekly figures.

Ranked by the 4-Factor Sector Score (growth & earnings 35, capital efficiency 25, valuation 20, relative strength 20). Prices as of 30 Oct 2026.

All 7 listed Indian Packaging - FMCG/Consumers companies are named here, largest first. This is the set of companies people mean when they search for a Nifty Packaging - FMCG/Consumers index; NSE publishes its own indices only for the largest sectors, so this equal-weighted set stands in for one. One large company cannot set the reading.

1. EPL Ltd₹6,950 cr
2. AGI Greenpac Ltd₹4,150 cr
3. TCPL Packaging Ltd₹4,140 cr
4. Knack Packaging Ltd₹2,280 cr
5. Mold-Tek Packaging Ltd₹1,810 cr
6. Huhtamaki India Ltd₹1,560 cr
7. Haldyn Glass Ltd₹682 cr

7 Consumer Packaging companies in the Packaging - FMCG/Consumers industry group have a page on Sector Alpha, by market value as of 30 October 2026, and all 7 are listed below, largest first. The largest is EPL (₹6,954 crore) and the smallest with a market value is Haldyn Glass.

Download all 7 Consumer Packaging companies (CSV)

The line below covers up to 5.2 years and opens on the 5Y view; the buttons cut it shorter. Over the last two years (104 weeks) this sector is 7% behind NIFTY 500. Earnings across its companies grew 13% on average over the last four reported quarters. It has been ahead of NIFTY 500 on a rolling three-month view for 29 weeks running.

1 of the 6 companies with a long enough price record pass the momentum test (5+ points ahead of the Nifty 500 over 3 months, within 20% of the 52-week high).

Ahead of NIFTY 500 on the three-month view for 29 weeks running; 2 of the 6 companies in the industry index above their 200-day average (4 fewer than four weeks earlier); 1 of those 6 pass the momentum test (3 fewer than four weeks earlier); earnings rising at 3 of the 6 that report earnings.

Participation is shrinking, 4 → 1 of 6 over four weeks, after being ahead of NIFTY 500. Earnings mixed, 3 of 6 members have higher trailing twelve-month earnings than a year ago.

Both lines start at 200 in the same week, so the gap between them tells the story: the sector line is an equal-weighted index of 6 of its 7 companies (the 1 with too short a price record are ranked in the scorecard but cannot sit in this line). The bars underneath are trailing 12-month earnings per share, one bar per reported quarter, each member set to 100 at the start and the sector taking the middle value, so a price line pulling away from flat bars means the market is paying more for the same earnings. A bar turns grey when that figure is lower than the quarter before. The rules are fixed and the same 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 or tap any point to read both values and the gap.

Packaging - FMCG/Consumers has done better than the NIFTY 500 by 11.4% over the last 52 weeks. Over 13 weeks the gap is a lead of 5.2%. EPL Ltd is the strongest against the sector itself at −10.8%. Readings are as of 30 October 2026.

Relative-strength score for the industry: 46.2 as of 30 October 2026 (narrowing, rising).

Packaging - FMCG/Consumers has done better than the NIFTY 500 by 11.4% over 52 weeks and by 5.2% over 13 weeks. 1 of 7 companies we track is beating the NIFTY on relative strength (how a share price has done against the index over recent months) (1 has no relative-strength reading yet), and 0 of the 3 with a long enough price history are ahead of the industry itself.

A score that ranks each company against the others in its industry. The four parts shown always add up to the total: Growth & earnings (35), Capital efficiency (25), Valuation (20), and Relative strength (20). Missing or old evidence affects only its own part, never as a hidden adjustment.

Haldyn Glass Ltd has the strongest current balance of earnings trajectory, business quality, valuation and price confirmation, with 80.6% evidence confidence.

EPL Ltd scores well on valuation against its peers or its own history, but its earnings have not yet improved enough to back that up.

Ranked last: too little evidence (1 company)

Under 60% of the evidence behind this score is available, so it ranks after every company above, whatever the score.

TCPL Packaging Ltd has the strongest one-year price move in Packaging - FMCG/Consumers at +33.0%. It also leads on relative strength against the NIFTY, at +48.6%. 5 of 7 companies we track are ahead of the index on that measure (1 has no relative-strength reading yet). Every line covers 313 weekly closes through 30 October 2026.

Price and relative strength

Price · same starting point: Every company, the sector's own index and NIFTY 500 all start level on the left edge of the window, so only the distance between the lines counts: the highest line has risen the most since then, and the chart at the top of this page is drawn the same way. It opens on one year; the buttons beside it stretch that to three or five.

RS vs NIFTY 500: How far ahead of or behind NIFTY 500 each company has been running, measured against its own recent average of that comparison, so the flat line at zero IS NIFTY 500: above it the company is beating the market, below it the market is beating the company. It opens on one year.

RS vs sector: The same measure taken against Packaging - FMCG/Consumers itself instead of the whole market, so the flat line at zero is the sector: above it the company is beating its own peers, which is the sharper test of the two. It opens on one year.

Biggest one-year moves

Strongest against NIFTY 500

Strongest against the sector itself

A mature, high-margin industry recovering in price and beating NIFTY, with selective lasting improvements but no confirmed long-range price breakout. In the week of 5 October 2026, 100% of 6 Packaging - FMCG/Consumers companies were beating the Nifty 500, against 50% on 25 May 2026.

From our industry review of 10 October 2026.

Better product mix and lower costs are improving profits at several companies, but the strength is uneven. EPL's customer gains look more lasting than customer stocking at Huhtamaki, while cost recovery differs across companies. High industry margins make it unsafe to assume every improvement will last.

From our industry review of 10 October 2026.

2 of 7 Packaging - FMCG/Consumers companies held a results call for July to September 2026. Huhtamaki India guided: Baddi labels plant closure to complete day after call following required notice period.

From the results calls for July to September 2026.

Big funds, foreign and Indian, kept their stake about the same over the last two quarters. Founders and promoters kept theirs about the same.

• Spending on new plants and equipment was ₹1,116 crore in the last 12 months, 13% less than a year before.
• Projects still being built grew 30% in a year.

Big funds = foreign and Indian institutions, change in their share of ownership across 7 Packaging - FMCG/Consumers companies, in percentage points.

Ownership and spending as of 10 October 2026.

1 chain of cause and effect links Packaging - FMCG/Consumers to other industries right now. Cost shocks reward suppliers that can raise customer prices. For Packaging - FMCG/Consumers: TCPL's recovery delay leaves a period when higher costs reduce profits.

From our cross-industry review of 10 October 2026.

The next things that show whether the Packaging - FMCG/Consumers story is on course. First: EPL's next results: test high-teens growth, reported margins and the stated recovery of raw-material, freight and currency costs.

• Huhtamaki's next results: test whether margins survive customer inventory normalisation and whether the solar project starts as described.
• Knack's next disclosure: reconcile customer concentration and installed capacity before relying on its expansion forecast.
• TCPL's flexible-line commissioning and customer qualification for separators: verify execution rather than count planned returns today.
• Mold-Tek's next results: test recovery in lube volumes and continued profit per kilogram after customer supply disruptions ease.
• The next industry results: compare revenue, profits and margins using the same companies in both periods.

What would change the story

A full quarter of profit growth across the same companies, while operating margin moves back toward the model's 14.48% normal level, would overturn my view that today's earnings depend too heavily on high margins.

From our industry review of 10 October 2026.

EPL Ltd has the highest Revenue among the 7 Packaging - FMCG/Consumers companies compared here, at ₹5,043 crore. AGI Greenpac Ltd is next at ₹2,816 crore. Haldyn Glass Ltd has the highest Revenue growth at 19%, so level and change sit with different companies. 6 of 7 companies report a comparable reading, the latest through Jun 2026.

What the numbers say: EPL Ltd is the largest at ₹5,043 crore, 79.1% ahead of AGI Greenpac Ltd. Haldyn Glass Ltd's growth is 19% from a ₹488 crore base, with 19 reported quarters out of the last 20. Fast growth from a smaller base is not yet the same as proven size.

What this means: EPL Ltd is the size to compare against; Haldyn Glass Ltd is the one growing fastest. The faster grower has to keep that growth and turn it into margin and returns before it counts as more than a fast start.

This conclusion weakens if: EPL Ltd's growth falls below Haldyn Glass 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.

Revenue · company comparison

Revenue · largest

Revenue growth · fastest growers

All-company data · latest reported quarter

In every all-company table on this page, each figure is the company’s latest single reported quarter. The rankings above them use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.

Revenue shows both size and speed. A large company can absorb shocks and pay for wide distribution; faster growth can mean market-share gains, new capacity or stronger demand. The best sign is usually growth that lasts without hurting margins and returns.

AGI Greenpac Ltd has the highest OPM among the 7 Packaging - FMCG/Consumers companies compared here, at 22%. EPL Ltd is next at 19%. Haldyn Glass Ltd has the highest Margin change at +1 percentage points, so level and change sit with different companies. 7 of 7 companies report a comparable reading, the latest through Sep 2026.

What the numbers say: AGI Greenpac Ltd leads opm at 22%; Haldyn Glass Ltd leads margin change at +1 percentage points.

What this means: AGI Greenpac Ltd sets the level to compare against; the company improving fastest needs another report to confirm the change.

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.

Operating margin · company comparison

OPM · highest

Margin change · fastest expanders

All-company data · latest reported quarter

EPL Ltd has the highest Net profit among the 7 Packaging - FMCG/Consumers companies compared here, at ₹393 crore. AGI Greenpac Ltd is next at ₹355 crore. Haldyn Glass Ltd has the highest Profit growth at 61.1%, so level and change sit with different companies. 6 of 7 companies report a comparable reading, the latest through Jun 2026.

What the numbers say: EPL Ltd earns the most, ₹393 crore of profit over the last 12 months, 10.7% above AGI Greenpac Ltd. Haldyn Glass Ltd shows 61.1% growth from a profit base of ₹29 crore. A fast rate from a small base matters less than a large profit that keeps coming.

What this means: EPL Ltd sets the level to compare against; the company improving fastest needs another report to confirm the change.

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 profit · company comparison

Net profit · largest

Profit growth · fastest growers

All-company data · latest reported quarter

Knack Packaging Ltd has the highest ROCE among the 7 Packaging - FMCG/Consumers companies compared here, at 31%. AGI Greenpac Ltd is next at 19.5%. Huhtamaki India Ltd has the highest ROCE change at +3.1 percentage points, so level and change sit with different companies. 7 of 7 companies report a comparable reading, the latest through Sep 2026.

What the numbers say: Knack Packaging Ltd leads ROCE at 31%, 11.5 percentage points above AGI Greenpac Ltd. A high return reported once may be one good year; a high return reported year after year shows a lasting business.

What this means: Knack Packaging Ltd sets the level to compare against; the company improving fastest needs another report to confirm the change.

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.

Return on capital · company comparison

ROCE · highest

ROCE change · fastest improvers

All-company data · latest reported quarter

Haldyn Glass Ltd has the lowest PEG among the 7 Packaging - FMCG/Consumers companies compared here, at 0.63×. TCPL Packaging Ltd is next at 0.95×. Huhtamaki India Ltd has the lowest P/E at 11.4×, so level and change sit with different companies. 6 of 7 companies report a comparable reading, the latest through Jun 2026.

What the numbers say: Haldyn Glass Ltd has the lowest comparable PEG at 0.63×, 33.7% below TCPL Packaging Ltd. That would need today's multiple, the company's own history and steady growth to agree.

What this means: A low valuation is a reason to look closer at the business, not a conclusion on its own.

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 worked out the same way every time, as the P/E on the last 12 months of reported earnings divided by that growth rate, never on expected earnings. On Indian companies it is shown only where the two data feeds agreed. Where any of that fails the ratio is left out rather than printed: a P/E divided by a loss, or by growth measured off a tiny base, is a number that looks precise and means nothing.

Valuation · company comparison

PEG · lowest PEG

P/E · lowest P/E

All-company data · latest reported quarter

Packaging - FMCG/Consumers companies show up on 4 of our India lists. The most are on the multibagger study list list (1 company).

This Packaging - FMCG/Consumers comparison names 4 specific ways its own evidence can mislead, all listed below. All 7 companies here report on comparable dates, so no rank carries a stale marker. A high growth rate can still come from a very small starting figure.

Keep these limits visible

• A high growth rate can come from a very small starting figure. The page keeps level and change separate for that reason.
• A high ROCE can be temporary, or look high because the capital base is small. It is best read beside margin, cash flow and how much is spent back on the business.
• The 4-Factor Sector Score ranks published data only. Management quality, upcoming events and risks are not part of it.
• An “all companies” line chart preserves completeness, but rank changes should be checked against reporting dates before drawing a conclusion.

This comparison is built from the reported filings of 7 Packaging - FMCG/Consumers companies, normalized to a common ₹ scale and a shared quarter axis of up to 20 quarters each. Fundamentals run through Sep 2026 and market data through 30 October 2026.

Every company's second-feed figures reconcile against the primary source on overlapping reported periods, so nothing here is unverified or withheld.

These 24 answers restate the Packaging - FMCG/Consumers comparison above in question form. Every one is computed from the same 7 companies and the same reported filings as the rankings and charts, current through Sep 2026. Price and relative-strength answers run through 30 October 2026. Nothing here is estimated, and none of it is a recommendation.