# Packaging - Polysacks — company-by-company sector analysis

> Packaging - Polysacks: Kanpur Plastipack Ltd owns the largest revenue base; Commercial Syn Bags Ltd has the fastest current growth.

Sector Alpha — machine-written from the numbers. Data as of 2026-08-16. Not investment advice.

## Bottom line

Packaging - Polysacks has outperformed NIFTY 500 by 59.3% over 52 weeks and 50.1% over 13 weeks. 2 of 2 covered companies beat NIFTY on Mansfield relative strength, while 1 of 2 beat the sector itself. Kanpur Plastipack Ltd leads with revenue of ₹741 crore, based on 2 of 2 comparable companies through Jun 2026.

## Sector relative strength

Packaging - Polysacks has outperformed NIFTY 500 by 59.3% over the last 52 weeks. Over 13 weeks the gap is a lead of 50.1%. 2 of 2 covered companies currently beat NIFTY on Mansfield relative strength, so leadership inside the sector is selective. Commercial Syn Bags Ltd is the strongest against the sector itself at +15.5%.

13-week sector return versus NIFTY 500: 50%
52-week sector return versus NIFTY 500: 59%
Stocks leading NIFTY: 2/2
Stocks leading sector: 1/2

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

Companies: 2
Combined market value: ₹1.8K Cr

## 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.

1. Commercial Syn Bags Ltd (COMSYN): 70/100 — Favorable setup; evidence 84%
   - Growth & earnings 28.4/35 | Capital efficiency 13.0/25 | Valuation 8.5/20 | Relative strength 20.0/20
   - Price stage: BREAKING OUT — Ahead of the benchmark five weeks or more running, with its lead holding or widening.
   - Led NIFTY 500 by 5%+ over the prior 13 weeks in 7 of the last 12 weeks
   - Exact sum: 28.4 + 13 + 8.5 + 20 = 69.9
   - Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
2. Kanpur Plastipack Ltd (KANPRPLA): 57/100 — Mixed-positive evidence; evidence 77%
   - Growth & earnings 27.7/35 | Capital efficiency 13.8/25 | Valuation 10.0/20 | Relative strength 5.0/20
   - Price stage: TURNING — Ahead of the benchmark for one to four weeks, after a stretch of being behind.
   - Led NIFTY 500 by 5%+ over the prior 13 weeks in 3 of the last 12 weeks
   - Exact sum: 27.7 + 13.8 + 10 + 5 = 56.5
   - Decision use: Acceleration candidate, not a confirmed leader: earnings are strong but sector-relative strength is -18.6% and the one-year return is 22.8%. Do not upgrade until sector-relative strength is above zero and another reported period confirms growth.

## Market action

Commercial Syn Bags Ltd has the strongest one-year price move in Packaging - Polysacks at +116.1%. It also leads on Mansfield relative strength against NIFTY at +73.9%. 2 of 2 covered companies are above zero on that measure. Every line covers 313 weekly closes through 2026-08-14.

### Strongest one-year price performers
1. Commercial Syn Bags Ltd (COMSYN): 116%
2. Kanpur Plastipack Ltd (KANPRPLA): 23%

### Strongest relative strength versus NIFTY 500
1. Commercial Syn Bags Ltd (COMSYN): 74%
2. Kanpur Plastipack Ltd (KANPRPLA): 23%

## Packaging - Polysacks — the story behind the numbers

This is the written read behind the Packaging - Polysacks figures above — what is actually happening in the sector, in words, with the evidence each claim rests on. It is dated 28 Jul 2026. 5 themes are live here, 1 of them rated high severity.

The Packaging - Polysacks sector displays mixed performance indicators based on Commercial Syn Bags Ltd (COMSYN) results for Q4 FY26. Top-line growth remains positive but modest. "Commercial Syn Bags Ltd delivered revenue of ₹100.56 crores during the March quarter, representing a 3.16% quarter-on-quarter gain and 2.83% year-on-year growth".

How old this read is: This read comes from our Packaging - Polysacks sector brief dated 28 Jul 2026, so the words here and the numbers above them cover the same few weeks.

### Live themes, worst first
- HIGH | Raw material costs for PP and HDPE granules are linked to crude oil prices, creating margin pressure if cost pass-through is delayed. | Company maintains stable gross margins around 47% indicating effective pass-through mechanisms. | named for COMSYN
- MEDIUM | Increasing scrutiny on single-use plastics and synthetic packaging in India and globally could mandate costly product changes. | Company is expected to develop certified food-safe product variants to capture premium segments. | named for COMSYN
- MEDIUM | Subsidiary Comsyn India Private Limited is involved in a land acquisition dispute with NHAI/MPIDC under the National Highways Act, 1956. | Company has filed a writ petition in the High Court and received interim relief; construction halted on affected land. | named for COMSYN
- MEDIUM | Employee costs rose 10.00% QoQ to ₹18.05 crores in Q4 FY26, outpacing revenue growth and compressing operating margins. | Company is assessing the impact of new Labour Codes notified by the Government of India. | named for COMSYN
- LOW | Manufacturing facilities face persistent challenges regarding logistics costs and competition from larger integrated players. | Facilities benefit from proximity to key industrial clusters in central India. | named for COMSYN

Sources: our Packaging - Polysacks sector brief, 28 Jul 2026.

## Revenue Scale & Growth Durability

What the numbers say: Kanpur Plastipack Ltd is the scale leader at ₹741 crore, 82.7% ahead of Commercial Syn Bags Ltd. Commercial Syn Bags Ltd's growth is 12.2% from a ₹406 crore base, with 15 reported observations in the 20-quarter window. Treat the growth leader as an acceleration candidate, not as equally proven scale.

Investor read: Kanpur Plastipack Ltd is the scale benchmark; Commercial Syn Bags Ltd is the acceleration watch. Promote the challenger only if growth persists and converts into margin and returns.

This conclusion weakens if: Kanpur Plastipack Ltd's growth falls below Commercial Syn Bags Ltd's for two consecutive comparable reports while operating margin also compresses.

Evidence: Kanpur Plastipack Ltd · ₹741 crore | 82.7% versus #2 · Commercial Syn Bags Ltd | 8/8 recent comparable periods | 2/2 companies · 30 observations

Definition: Revenue is compared on a common reported-currency basis. Growth is year-on-year, so seasonality does not masquerade as progress.

### Revenue — largest
1. Kanpur Plastipack Ltd (KANPRPLA): ₹741 Cr
2. Commercial Syn Bags Ltd (COMSYN): ₹406 Cr

### Revenue growth — fastest growers
1. Commercial Syn Bags Ltd (COMSYN): 12%
2. Kanpur Plastipack Ltd (KANPRPLA): 12%

### 20-quarter Revenue history
- COMSYN: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 ₹65 Cr | Mar 2023 ₹61 Cr | Jun 2023 ₹79 Cr | Sep 2023 ₹68 Cr | Dec 2023 ₹71 Cr | Mar 2024 ₹70 Cr | Jun 2024 ₹77 Cr | Sep 2024 ₹87 Cr | Dec 2024 ₹86 Cr | Mar 2025 ₹98 Cr | Jun 2025 ₹91 Cr | Sep 2025 ₹98 Cr | Dec 2025 ₹97 Cr | Mar 2026 ₹101 Cr | Jun 2026 ₹109 Cr
- KANPRPLA: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 ₹95 Cr | Mar 2023 ₹110 Cr | Jun 2023 ₹100 Cr | Sep 2023 ₹120 Cr | Dec 2023 ₹124 Cr | Mar 2024 ₹153 Cr | Jun 2024 ₹132 Cr | Sep 2024 ₹152 Cr | Dec 2024 ₹161 Cr | Mar 2025 ₹168 Cr | Jun 2025 ₹180 Cr | Sep 2025 ₹165 Cr | Dec 2025 ₹192 Cr | Mar 2026 ₹180 Cr | Jun 2026 ₹204 Cr

### 20-quarter Revenue growth history
- COMSYN: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 — | Sep 2023 — | Dec 2023 9.6% | Mar 2024 15% | Jun 2024 -3.3% | Sep 2024 27% | Dec 2024 22% | Mar 2025 40% | Jun 2025 18% | Sep 2025 14% | Dec 2025 13% | Mar 2026 2.8% | Jun 2026 21%
- KANPRPLA: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 — | Sep 2023 — | Dec 2023 31% | Mar 2024 39% | Jun 2024 32% | Sep 2024 27% | Dec 2024 30% | Mar 2025 9.8% | Jun 2025 36% | Sep 2025 8.6% | Dec 2025 19% | Mar 2026 7.1% | Jun 2026 13%

## Operating Economics & Margin Trend

What the numbers say: Commercial Syn Bags Ltd leads both opm at 14.4% and margin change at +2.2 percentage points.

Investor read: Commercial Syn Bags 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.

Evidence: Commercial Syn Bags Ltd · 14.4% | 80% versus #2 · Kanpur Plastipack Ltd | 6/8 recent comparable periods | 2/2 companies · 40 observations

Definition: Operating margin compares operating profit with revenue. Improvement is measured in percentage points, not percentage growth.

### OPM — highest
1. Commercial Syn Bags Ltd (COMSYN): 14%
2. Kanpur Plastipack Ltd (KANPRPLA): 8.0%

### Margin change — fastest expanders
1. Commercial Syn Bags Ltd (COMSYN): +2.2 pp
2. Kanpur Plastipack Ltd (KANPRPLA): +1.0 pp

### 20-quarter OPM history
- COMSYN: Sep 2021 12% | Dec 2021 8.9% | Mar 2022 11% | Jun 2022 8.4% | Sep 2022 5.6% | Dec 2022 7.7% | Mar 2023 11% | Jun 2023 8.3% | Sep 2023 11% | Dec 2023 5.6% | Mar 2024 13% | Jun 2024 8.9% | Sep 2024 9.1% | Dec 2024 11% | Mar 2025 12% | Jun 2025 12% | Sep 2025 13% | Dec 2025 12% | Mar 2026 12% | Jun 2026 14%
- KANPRPLA: Sep 2021 5.9% | Dec 2021 10.0% | Mar 2022 5.6% | Jun 2022 7.6% | Sep 2022 2.0% | Dec 2022 1.0% | Mar 2023 6.0% | Jun 2023 7.0% | Sep 2023 7.0% | Dec 2023 -2.9% | Mar 2024 5.0% | Jun 2024 2.1% | Sep 2024 6.0% | Dec 2024 9.0% | Mar 2025 10% | Jun 2025 7.0% | Sep 2025 9.0% | Dec 2025 8.0% | Mar 2026 11% | Jun 2026 8.0%

### 20-quarter Margin change history
- COMSYN: Sep 2021 +0.7 pp | Dec 2021 −0.5 pp | Mar 2022 −3.9 pp | Jun 2022 −2.2 pp | Sep 2022 −6.1 pp | Dec 2022 −1.2 pp | Mar 2023 +0.5 pp | Jun 2023 −0.1 pp | Sep 2023 +5.3 pp | Dec 2023 −2.1 pp | Mar 2024 +1.3 pp | Jun 2024 +0.7 pp | Sep 2024 −1.8 pp | Dec 2024 +5.3 pp | Mar 2025 −0.9 pp | Jun 2025 +3.3 pp | Sep 2025 +4.1 pp | Dec 2025 +1.5 pp | Mar 2026 +0.2 pp | Jun 2026 +2.2 pp
- KANPRPLA: Sep 2021 −6.0 pp | Dec 2021 −2.1 pp | Mar 2022 −6.3 pp | Jun 2022 −2.9 pp | Sep 2022 −3.9 pp | Dec 2022 −9.0 pp | Mar 2023 +0.4 pp | Jun 2023 −0.6 pp | Sep 2023 +5.0 pp | Dec 2023 −3.9 pp | Mar 2024 −1.0 pp | Jun 2024 −4.9 pp | Sep 2024 −1.0 pp | Dec 2024 +11.9 pp | Mar 2025 +5.0 pp | Jun 2025 +4.9 pp | Sep 2025 +3.0 pp | Dec 2025 −1.0 pp | Mar 2026 +1.0 pp | Jun 2026 +1.0 pp

## Profit Scale & Acceleration

What the numbers say: Kanpur Plastipack Ltd leads with ₹46 crore of TTM profit, 54.9% above Commercial Syn Bags Ltd. Kanpur Plastipack Ltd shows ≥100% on the scoring scale (142.1% uncapped) growth from a ₹46 crore profit base. Compare the size of the base and persistence before ranking acceleration above profit scale.

Investor read: Kanpur Plastipack 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.

Evidence: Kanpur Plastipack Ltd · ₹46 crore | 54.9% versus #2 · Commercial Syn Bags Ltd | 4/8 recent comparable periods | 2/2 companies · 30 observations

Definition: 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 — largest
1. Kanpur Plastipack Ltd (KANPRPLA): ₹46 Cr
2. Commercial Syn Bags Ltd (COMSYN): ₹30 Cr

### Profit growth — fastest growers
1. Kanpur Plastipack Ltd (KANPRPLA): 100%
2. Commercial Syn Bags Ltd (COMSYN): 43%

### 20-quarter Net profit history
- COMSYN: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 ₹2 Cr | Mar 2023 ₹2 Cr | Jun 2023 ₹3 Cr | Sep 2023 ₹2 Cr | Dec 2023 ₹-0 Cr | Mar 2024 ₹3 Cr | Jun 2024 ₹2 Cr | Sep 2024 ₹4 Cr | Dec 2024 ₹4 Cr | Mar 2025 ₹8 Cr | Jun 2025 ₹6 Cr | Sep 2025 ₹8 Cr | Dec 2025 ₹6 Cr | Mar 2026 ₹6 Cr | Jun 2026 ₹9 Cr
- KANPRPLA: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 ₹-5 Cr | Mar 2023 ₹7 Cr | Jun 2023 ₹2 Cr | Sep 2023 ₹2 Cr | Dec 2023 ₹-7 Cr | Mar 2024 ₹3 Cr | Jun 2024 ₹-1 Cr | Sep 2024 ₹2 Cr | Dec 2024 ₹8 Cr | Mar 2025 ₹3 Cr | Jun 2025 ₹6 Cr | Sep 2025 ₹8 Cr | Dec 2025 ₹11 Cr | Mar 2026 ₹15 Cr | Jun 2026 ₹12 Cr

### 20-quarter Profit growth history
- COMSYN: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 — | Sep 2023 — | Dec 2023 -116% | Mar 2024 35% | Jun 2024 -24% | Sep 2024 53% | Dec 2024 — | Mar 2025 151% | Jun 2025 188% | Sep 2025 134% | Dec 2025 70% | Mar 2026 -21% | Jun 2026 61%
- KANPRPLA: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 — | Sep 2023 — | Dec 2023 — | Mar 2024 -57% | Jun 2024 -150% | Sep 2024 0.0% | Dec 2024 — | Mar 2025 0.0% | Jun 2025 — | Sep 2025 300% | Dec 2025 38% | Mar 2026 400% | Jun 2026 100%

## Return On Capital Employed

What the numbers say: Kanpur Plastipack Ltd leads ROCE at 17%, 3.1 percentage points above Commercial Syn Bags Ltd. Kanpur Plastipack Ltd has the strongest latest improvement at +6 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.

Investor read: Kanpur Plastipack 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.

Evidence: Kanpur Plastipack Ltd · 17% | 22.3% versus #2 · Commercial Syn Bags Ltd | Not enough history | 2/2 companies · 15 observations

Definition: 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.

### ROCE — highest
1. Kanpur Plastipack Ltd (KANPRPLA): 17%
2. Commercial Syn Bags Ltd (COMSYN): 14%

### ROCE change — fastest improvers
1. Kanpur Plastipack Ltd (KANPRPLA): +6.0 pp
2. Commercial Syn Bags Ltd (COMSYN): +2.6 pp

### 20-quarter ROCE history
- COMSYN: Sep 2021 18% | Dec 2021 — | Mar 2022 18% | Jun 2022 — | Sep 2022 13% | Dec 2022 — | Mar 2023 9.3% | Jun 2023 — | Sep 2023 10% | Dec 2023 9.4% | Mar 2024 8.4% | Jun 2024 12% | Sep 2024 8.6% | Dec 2024 15% | Mar 2025 14% | Jun 2025 20% | Sep 2025 19% | Dec 2025 23% | Mar 2026 17% | Jun 2026 —

### 20-quarter ROCE change history
- COMSYN: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 −4.4 pp | Dec 2022 — | Mar 2023 −8.5 pp | Jun 2023 — | Sep 2023 −2.9 pp | Dec 2023 — | Mar 2024 −0.9 pp | Jun 2024 — | Sep 2024 −1.6 pp | Dec 2024 +5.7 pp | Mar 2025 +6.0 pp | Jun 2025 +8.0 pp | Sep 2025 +10.2 pp | Dec 2025 +7.8 pp | Mar 2026 +2.6 pp | Jun 2026 —

## Valuation Against Growth & Quality

What the numbers say: There is not enough comparable evidence to name a reliable peg leader.

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.

Evidence: No comparable leader | Not enough peers | Not enough history | 0/2 companies · 0 observations

Definition: 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 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.

### PEG — lowest PEG

### P/E — lowest P/E
1. Kanpur Plastipack Ltd (KANPRPLA): 13.6
2. Commercial Syn Bags Ltd (COMSYN): 39.2

### 20-quarter PEG history

### 20-quarter P/E history
- COMSYN: Sep 2021 11.7 | Dec 2021 20.9 | Mar 2022 20.0 | Jun 2022 15.3 | Sep 2022 18.6 | Dec 2022 24.6 | Mar 2023 27.3 | Jun 2023 33.9 | Sep 2023 33.8 | Dec 2023 34.7 | Mar 2024 35.7 | Jun 2024 39.2 | Sep 2024 35.6 | Dec 2024 40.3 | Mar 2025 25.8 | Jun 2025 31.6 | Sep 2025 29.7 | Dec 2025 23.1 | Mar 2026 21.8 | Jun 2026 24.8
- KANPRPLA: Sep 2021 11.7 | Dec 2021 8.2 | Mar 2022 8.1 | Jun 2022 9.8 | Sep 2022 11.2 | Dec 2022 15.9 | Mar 2023 16.3 | Jun 2023 62.5 | Sep 2023 124.1 | Dec 2023 35.7 | Mar 2024 40.2 | Jun 2024 46.4 | Sep 2024 — | Dec 2024 — | Mar 2025 21.5 | Jun 2025 22.5 | Sep 2025 16.6 | Dec 2025 11.9 | Mar 2026 10.3 | Jun 2026 11.1


## What can make this comparison misleading?
- 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.
- 1 company draws at least one figure from a second data feed with too little overlapping history to cross-check against the primary source; it is marked unverified wherever that figure appears.
- Thin comparisons: Valuation have fewer than three usable current readings.

## Every company
- Commercial Syn Bags Ltd (COMSYN) — market value ₹1.2K Cr; latest fundamentals Jun 2026; includes UNVERIFIED second-feed figures
- Kanpur Plastipack Ltd (KANPRPLA) — market value ₹615 Cr; latest fundamentals Jun 2026

## Source standing of each company

Cross-checked: 0. Unverified: 2. Withheld: 0. Graded companies: 2.

1 of 2 companies draws 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.

- UNVERIFIED | COMSYN | Commercial Syn Bags Ltd | too little overlapping reported history to cross-check the second feed

## Methodology and freshness

Fundamentals through Jun 2026; prices through 2026-08-14.
Up to 20 quarters per company. Reported history is normalized to Indian rupees crore. Missing values are not interpolated. Derived metrics are calculated only when their inputs are comparable.

## Frequently asked questions

### Is the Packaging - Polysacks sector outperforming NIFTY 500?

Packaging - Polysacks has outperformed NIFTY 500 by 59.3% over 52 weeks and 50.1% over 13 weeks. 2 of 2 covered companies beat NIFTY on Mansfield relative strength, while 1 of 2 beat the sector itself.

### Which Packaging - Polysacks company is largest by revenue?

Kanpur Plastipack Ltd leads with revenue of ₹741 crore, based on 2 of 2 comparable companies through Jun 2026.

### Which Packaging - Polysacks company is growing fastest?

Commercial Syn Bags Ltd has the fastest current revenue growth at 12.2%, across 2 of 2 comparable companies.

### Which Packaging - Polysacks company has the strongest 4-Factor Sector Score?

Commercial Syn Bags Ltd ranks first at 69.9/100 with 84% evidence confidence. The score prioritizes research; it is not a buy recommendation.

### How much history does this Packaging - Polysacks comparison include?

The page compares up to 20 reported quarters per company for fundamentals, returns 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.

### Is there a Nifty Packaging - Polysacks index?

NSE India maintains Nifty indices for several broad sector categories — Nifty Bank, Nifty IT, Nifty Pharma and others — but not for every sub-sector grouping on this site. Whether or not an official Nifty index covers Packaging - Polysacks, this page builds its own equal-weight basket of 2 listed Packaging - Polysacks companies — one company, one vote, regardless of market value — so no single large company dominates the reading. Figures are as of Jun 2026.

### Which are the best Packaging - Polysacks stocks in India?

Ranked by this page's four-factor score, Commercial Syn Bags Ltd places first among 2 listed Packaging - Polysacks companies, followed by Kanpur Plastipack 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 - Polysacks stocks are listed in India?

This comparison covers 2 listed Packaging - Polysacks 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 - Polysacks company is the biggest?

Kanpur Plastipack Ltd is the largest, with trailing-twelve-month revenue of ₹741 crore, ahead of Commercial Syn Bags Ltd at ₹406 crore. That covers 2 of 2 companies with comparable reporting through Jun 2026.

### Which Packaging - Polysacks company has the best profit margins?

Commercial Syn Bags Ltd has the highest operating margin at 14.4%, from 2 of 2 comparable companies. Commercial Syn Bags Ltd shows the biggest recent improvement, at +2.2 percentage points. A high margin matters most when it is holding or rising, not when it is peaking.

### Which Packaging - Polysacks company makes the most profit?

Kanpur Plastipack Ltd earns the most, at ₹46 crore of trailing-twelve-month net profit, from 2 of 2 comparable companies. Kanpur Plastipack Ltd has the fastest profit growth at the ≥100% scoring cap, though growth off a small or recovering profit base overstates how much has actually changed.

### Which Packaging - Polysacks company earns the highest return on capital?

Kanpur Plastipack Ltd leads on return on capital employed at 17%, across 2 of 2 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.

### Is the Packaging - Polysacks sector beating the market?

Packaging - Polysacks has outperformed NIFTY 500 by 59.3% over the last 52 weeks and 50.1% over 13 weeks, measured on an equal-weight index of its current members. Inside the sector, 2 of 2 covered companies are beating the market on their own. Sector strength does not transfer evenly to every stock in it.

### Which Packaging - Polysacks stock has the strongest price momentum?

Commercial Syn Bags 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 - Polysacks company scores highest for research priority?

Commercial Syn Bags Ltd scores 69.9 out of 100 with 84% evidence confidence, from 28.4 points on growth and earnings, 13 on capital efficiency, 8.5 on valuation and 20 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 - Polysacks companies does this comparison cover, and over what period?

It compares 2 listed companies over up to 20 reported quarters of fundamentals, 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 - Polysacks sector?

The 2 Packaging - Polysacks companies on this page carry ₹1,778 crore of combined market value. Commercial Syn Bags Ltd is the largest at ₹1,163 crore, about 65% of the sector's total on its own. Market value moves with price, so this reading is dated 2026-08-16.

### How is the Packaging - Polysacks sector performing?

2 of the 2 covered Packaging - Polysacks companies are beating NIFTY 500 on Mansfield relative strength. The sector itself is 59.3% ahead of NIFTY 500 over 52 weeks on an equal-weight index of its current members. Readings are as of 2026-08-16.

### 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.