Uflex
UFlex is India's largest multinational flexible packaging company, operating seven integrated business units across films, converted packaging, aseptic liquid packaging, chemicals, holography, engineering, and cylinders, serving global FMCG, beverage, pharma, and industrial clients in 140+ countries from manufacturing facilities in 6 countries.
- Company typePublic
- Founded1985
- HeadquartersNew Delhi, India
- Headcount5,001–10,000
- GTM typeB2B
- OfferingHardware or Manufacturing
What Uflex does
UFlex is India's largest multinational flexible packaging company, founded in 1985 and headquartered in Noida, with manufacturing operations across 6 countries and sales presence in 140+ countries. The group is organized into seven integrated business units covering packaging films, flexible (converted) packaging, aseptic liquid packaging (Asepto), chemicals, holography, engineering, and printing cylinders, allowing it to supply most substrates, inks, adhesives, and packaging machinery internally. Its technology base spans BOPET and BOPP films, solvent-free laminating adhesives, patented reclosable bag structures, Alu-Alu blister grades, aseptic cartons, and rPET/rPE/rPP recycling lines approved by USFDA for food contact, supported by a growing specialty portfolio including CeruFlex 500 and Flexcoat Soft Touch coatings.
Revenue is generated through B2B contracts with global FMCG, beverage, pharma, cosmetics, and industrial customers such as Primark, Radico Khaitan, Veetee Rice, Rasna, and ISRO; the model combines high-volume film supply with downstream conversion revenue from aseptic and pre-made pouches, plus a smaller but high-margin chemicals and holography business serving anti-counterfeit packaging. Management has guided FY26 consolidated revenue to Rs 14,800-15,000 crore (approximately USD 1.78 billion), consistent with Q4 FY26 reported revenue of Rs 4,056 crore and profit after tax up 15% year-on-year. Capital allocation is heavily skewed toward global capacity expansion: a Rs 700+ crore Dharwad phase-2 expansion adding 54,000 MTPA, a USD 200 million Egypt aseptic program, a Rs 750 crore Mexico-plus-Noida recycling complex, and a USD 188.23 million ECB to part-fund the pipeline.
UFlex sells primarily through direct enterprise relationships with brand owners and large converters, with a Top Employer 2026 certification, an established sales and distribution network in 140+ countries, and a stated focus on agentic AI for autonomous supply-chain orchestration under Group CIO Vipin Kumar. Its competitive position rests on geographic reach, vertical integration across the value chain, patent-protected specialty products, and qualification into multinational FMCG supply chains, though financial disclosures are limited compared with listed global peers and execution risk on simultaneous multi-country capex remains material.
Uflex firmographics
Firmographics- Name
- Uflex
- Legal name
- UFlex Limited
- Website
- https://uflexltd.com
- Company type
- Public
- Founded year
- 1985
- Operating status
- Operating
- Headcount range
- 5,001–10,000 employees
- Short description
- UFlex is India's largest multinational flexible packaging company, operating seven integrated business units across films, converted packaging, aseptic liquid packaging, chemicals, holography, engineering, and cylinders, serving global FMCG, beverage, pharma, and industrial clients in 140+ countries from manufacturing facilities in 6 countries.
- Ownership category
- akta.pro rank
Uflex industry classification
Industry- Product category
- Flexible Packaging
- NAICS
- Plastics Packaging Film and Sheet (including Laminated) Manufacturing (326112), Plastics Bag and Pouch Manufacturing (326111), Converted Paper Product Manufacturing (3222), Printing and Related Support Activities (323), Packaging and Labeling Services (56191)
- SIC
- Miscellaneous Plastics Products (3080), Papers & Allied Products (2600), Miscellaneous Chemical Products (2890), Converted Paper & Paperboard Prods (No Contaners/Boxes) (2670), Paperboard Containers & Boxes (2650)
- akta.pro primary industry
- Flexible Plastic Packaging (Bags, Pouches, Sachets) Manufacturing (IMANAEAC)
- akta.pro secondary industries
- Aseptic & Liquid Flexible Packaging (Bag-in-Box, Spouted Liquid Packs) (IMALABAI), Ready Meals & Prepared Foods Packaging (IMALAHAL), Paper-Based Packaging & Single-Use Paper Products (Paper Bags, Wraps, Cartons) (CRADALAL), Flexible Cosmetic Packaging (Pouches, Sachets, Stick Packs) (IMALAJAE), Primary Packaging (Form-Fill-Seal, Blister, Sachet/Stick Pack, Bottling) (TLAIAGAA), Lidding, Sealant & Packaging Webs (Heat-Seal, Peelable, Retort Lids) (IMALABAG)
Keywords
Where Uflex is headquartered
LocationHeadquarters
- HQ city
- New Delhi
- HQ country
- India
- HQ region
- Asia
Offices11 records
Markets served
Uflex business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Operations, Personnel, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Packaging Films Sales: UFlex manufactures and sells a comprehensive range of packaging films including BOPET, BOPP, CPP, and specialty films globally. The films business is described as India's largest end-to-end flexible packaging solutions company serving as a one-stop shop for all flexible packaging film needs. Revenue is generated through direct sales of manufactured films to converters, brand owners, and other packaging companies.
- Flexible Packaging Products: Manufactures and sells converted flexible packaging products including pouches, bags, sachets, tubes, and specialty packaging solutions. The flexible packaging business has manufacturing capacity of over 80,000 TPA and is described as the largest flexible packaging exporter from India.
- Aseptic Liquid Packaging (Asepto): Asepto is the aseptic liquid packaging brand serving food and beverage manufacturers. The company doubled production capacity from 3.5 billion to 7 billion packs per annum at its Sanand plant in Gujarat, and established a new facility in Egypt, targeting Europe, Middle East, and Africa markets.
- Chemicals (Inks, Adhesives, Coatings): UFlex's Chemicals Business is a leading manufacturer of liquid inks, adhesives, and specialty coatings for the packaging industry. Products include FlexGreen UV LED coatings, solvent-less adhesives, and specialty coatings sold to converters and packaging manufacturers.
- Holography Solutions: Provides brand protection and anti-counterfeiting solutions through holographic products including lens films, registered lens papers, and holographic solutions for labels, packaging, and security documents. UFlex is IBA-certified for MICR instrument printing and is one of the world's leading holographic solution providers.
- Engineering — Packaging Machinery: Manufactures and sells packaging, printing, and allied machines including CI Flexo printing presses (UFlexo brand), rotogravure printing machines, co-extrusion laminators, Pick Fill Seal machines, and multitrack machines. Products are sold to packaging converters globally.
- Printing Cylinders: State-of-the-art manufacturing of rotogravure cylinders, flexo plates, and sleeves for the packaging and printing industry. Provides precision-engineered cylinders with high-quality surface finishes for various printing applications.
- Dividend Distribution: As a listed company on Indian stock exchanges (BSE/NSE), UFlex distributes dividends to shareholders. The company recommended a final dividend of ₹3 per share for FY26, representing 30% dividend payout.
Go-to-market motion3 records
Distribution channels3 records
Marketing channels7 records
Uflex product offering
Product offeringCore offering
UFlex manufactures and sells flexible packaging products across seven integrated business verticals: packaging films (BOPET, BOPP, CPP), flexible packaging conversion products (pouches, bags, sachets, tubes), aseptic liquid packaging under the Asepto brand, chemicals (inks, adhesives, coatings), holographic brand protection solutions, packaging machinery, and printing cylinders. The company serves global FMCG brands, pharmaceutical companies, food and beverage manufacturers, and packaging converters across 140+ countries through direct enterprise sales.
Product overview
UFlex is India’s largest multinational flexible packaging and solutions company offering an integrated portfolio across seven business verticals: Packaging Films (Flex Films), Flexible Packaging, Aseptic Liquid Packaging (Asepto), Chemicals (inks, adhesives, coatings), Holography (brand protection), Engineering (packaging machinery), and Printing Cylinders. The company provides end-to-end packaging solutions from film manufacturing to converted packaging, serving clients across 140+ countries. Key products include Asclepius™ PCR films, Flexfresh shelf-life extension solutions, Asepto aseptic packaging, Flexitubes, 4D Bags, ReLAM 250 recycling machines, and various specialty films. UFlex operates manufacturing facilities across six countries and offers sustainability-focused solutions including recycled content integration, mono-material structures, and circular economy initiatives.
Differentiator
Problem solved
Functional benefit
Brands
- Asepto: Aseptic Liquid Packaging brand from UFlex Limited, offering aseptic packaging solutions for beverages and liquid foods
- Flex Films
- Flexfresh
- Asclepius
- FlexGreen
- Flexitubes
- Kraftika
- CeruFlex 500
Products and services
- Flexible Packaging Products
- Flex Films (BOPET, BOPP, CPP, Specialty Films)
- Asepto Aseptic Liquid Packaging
Quantifiable outcome
- Q4 FY25 consolidated net profit of Rs 168.56 crore, turnaround from net loss of Rs 270.95 crore in Q4 FY24, with revenue growing 11.31% YoY to Rs 3,814.28 crore
- +5 more outcomes
Companies that use Uflex
Customer profileNamed customers9 records
Segments6 records
Ideal customer profiles5 records
Uflex technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature12 records
Uflex partnerships and signals
Strategic signalPartnerships
Eight partnerships are on record, tiered core and minor.
- ABBcoreFlex Asepto Egypt, a subsidiary of UFlex, selected ABB to supply L&W laboratory testing instruments and a digital lab management system for its new aseptic liquid packaging plant in Sokhna, Egypt. The L&W laboratory technologies support quality assurance and digitalization goals as the company expands across Europe, the Middle East, and Africa. ABB's instruments have been used at Asepto's India facility for over eight years, marking ABB's expansion into adjacent industries like liquid packaging.
- Gravtech (Italy)coreUFlex developed the CeruFlex 500 high-speed gravure printing machine in collaboration with Italian company Gravtech, introduced at PlastIndia 2026. This collaboration combines Gravtech's expertise with UFlex's engineering capabilities to produce advanced printing technology for the flexible packaging industry.
- Morris Packaging LLCcoreMorris Packaging LLC and UFlex Packaging Inc. announced a strategic alliance to launch a next-generation sustainable woven bag series. This partnership combines Morris Packaging's manufacturing capabilities with UFlex's materials science expertise to develop innovative sustainable woven bag solutions.
- Re Sustainability and Aarti CircularityminorA ₹100 crore joint venture between Re Sustainability and Aarti Circularity (Dow-Lucro Plastecycle partnership) represents broader industry collaboration on recycling infrastructure in India, in which UFlex operates as a key manufacturer with its own recycling capabilities.
- CREDUCEcoreUFlex signed an MOU with CREDUCE to achieve carbon neutrality. Jeevaraj Pillai stated the company aims to cut about 1,75,000 tons of carbon emission equivalent by the end of 2024 across the group, with CREDUCE providing carbon reduction strategy and monitoring support.
- Hoffer Plastics and MespackcoreUFlex teamed up with Hoffer Plastics and Mespack to launch 100% Recyclable Mono-polymer Hot-fill Pouches — a breakthrough in sustainable hot-fill packaging that eliminates the need for multi-material laminates. This trilateral partnership combined UFlex's material expertise, Hoffer Plastics' resin capabilities, and Mespack's packaging machinery to deliver a fully recyclable packaging solution for food and beverage applications.
- Alliance to End Plastic Waste (AEPW)coreUFlex joined the global Alliance to End Plastic Waste (AEPW), a coalition of companies working to address plastic waste in the environment. UFlex presented its R&D capabilities and recycling technologies including MLP recycling solutions to the Alliance, positioning itself as a solution provider for circularity in plastics. CMD Ashok Chaturvedi made a strong case for continued use of Multi-Layer mixed Plastics (MLP) at an AEPW meeting at the New York Stock Exchange.
- Brückner MaschinenbaucoreUFlex and Brückner Maschinenbau collaborated to install the world's largest 10.4m BOPET film production line at UFlex's Poland facility. This collaboration enabled UFlex to establish a state-of-the-art film manufacturing facility in Europe with cutting-edge extrusion technology, setting a world record for film line width.
Scale indicators13 records
Recent moves11 records
Expansion highlights7 records
Uflex competitors and assessment
Company assessmentBroad incumbents
- Amcor plc: Global packaging giant with a major flexible packaging and rigid packaging portfolio serving food, beverage, healthcare, and personal care. Directly comparable as a multinational flexible packaging incumbent operating at significantly larger scale than UFlex with overlapping end-market customers.
- Mondi plc: International packaging and paper group with significant flexible packaging (Mondi Corrugated Packaging, Flexible Packaging) operations across Europe and emerging markets. Comparable as a vertically integrated paper and flexible packaging player.
- Sealed Air Corporation: Global packaging company specializing in food protective packaging, Cryovac food packaging, and sustainable solutions. Comparable as a multinational flexible/film-based packaging peer serving food and beverage customers.
- Berry Global Group: Large global manufacturer of plastic packaging products including films, pouches, and containers serving FMCG, healthcare, and industrial end markets. Comparable as a broad incumbent flexible packaging competitor with significant film manufacturing capacity.
Direct peers
- Polyplex Corporation Ltd. Indian polyester film (BOPET) manufacturer with global operations in India, Thailand, Turkey, and the USA. Directly comparable as an Indian BOPET film competitor with similar export-oriented business model and product portfolio.
- Huhtamäki Oyj: Finnish global packaging company with strong flexible packaging and food service packaging divisions serving FMCG brands worldwide. Directly comparable as a multinational flexible packaging peer with overlapping food/beverage customer base.
- Constantia Flexibles: Austrian-headquartered global flexible packaging specialist focused on pharma, food, and FMCG end markets. Directly comparable as a flexible packaging pure-play with similar product mix (films, laminates, pouches) and customer profile.
- Jindal Poly Films Ltd. Indian manufacturer of BOPET and BOPP packaging films with manufacturing in India and overseas markets. Directly comparable as an Indian films competitor with similar film manufacturing focus and global distribution reach.
- Cosmo Films Ltd. Indian BOPET and CPP films manufacturer with global presence, competing directly with UFlex's Flex Films division. Highly comparable as a domestic Indian competitor in specialty packaging films with similar end markets and product range.
Emerging players
- AptarGroup Inc. Global supplier of dispensing systems, sealing solutions, and active material science solutions for pharma, beauty, and food. Comparable in adjacent tube and dispensing packaging where UFlex's Flexitubes and Asepto compete, particularly in cosmetics and pharma.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
Uflex social profiles
Digital presenceUflex financial estimates
Financial estimateRevenue estimate
Valuation estimate
Uflex leadership team
Management profileNumber of profiles
Profiles20 records
Uflex subsidiaries and ownership
Company hierarchySubsidiaries7 records
Uflex funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Uflex M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Uflex
What does Uflex do?
UFlex manufactures and sells flexible packaging products across seven integrated business verticals: packaging films (BOPET, BOPP, CPP), flexible packaging conversion products (pouches, bags, sachets, tubes), aseptic liquid packaging under the Asepto brand, chemicals (inks, adhesives, coatings), holographic brand protection solutions, packaging machinery, and printing cylinders. The company serves global FMCG brands, pharmaceutical companies, food and beverage manufacturers, and packaging converters across 140+ countries through direct enterprise sales.
Is Uflex a public or private company?
Uflex is a public company. It is classified as public and is currently operating.
When was Uflex founded?
Uflex was founded in 1985. It employs 5,001 to 10,000 people.
Where is Uflex based?
Uflex is headquartered in New Delhi, India, in the Asia region.
How does Uflex make money?
Eight revenue lines are on record. Packaging Films Sales are the primary driver. The others are flexible Packaging Products, aseptic Liquid Packaging (Asepto), chemicals (Inks, Adhesives, Coatings), holography Solutions, engineering — Packaging Machinery, printing Cylinders and dividend Distribution.
Who are Uflex's main competitors?
Broad incumbents on record are Amcor plc, Mondi plc, Sealed Air Corporation and Berry Global Group. Direct peers are Polyplex Corporation Ltd., Huhtamäki Oyj, Constantia Flexibles, Jindal Poly Films Ltd. and Cosmo Films Ltd.. AptarGroup Inc. is listed as an emerging player.
Does Uflex have an API?
No public API is recorded for Uflex.
What industry is Uflex in?
Uflex's product category is Flexible Packaging. Its primary akta.pro industry code is IMANAEAC, Flexible Plastic Packaging (Bags, Pouches, Sachets) Manufacturing, with a secondary code of IMALABAI, Aseptic & Liquid Flexible Packaging (Bag-in-Box, Spouted Liquid Packs). Its NAICS code is 326112 and its SIC code is 3080.