What EPL does

EPL Limited is a global specialty packaging manufacturer founded in 1982 and headquartered in Mumbai, India, specializing in laminate and extruded tubes, laminates, caps & closures, and dispensing systems for FMCG and pharmaceutical customers. Its core technology is multi-layer laminate tube manufacturing using proprietary extrusion and printing processes, with barrier structures (ABL and PBL) that protect product integrity and a sustainable laminate portfolio (Platina, Platina Pro, r-Platina, PlatinaME, Platina Vision, Etain) certified by APR and RecyClass. The company operates as a fully backward-integrated manufacturer from blown film to finished tubes, producing 8+ billion tubes annually for 1200+ clients across 21+ manufacturing plants in 11 countries.

The company serves five primary end-markets — Oral Care, Beauty & Cosmetics, Pharma & Health, Food & Nutrition, and Home Care — through multi-year supply contracts and co-creation partnerships with large FMCG brand owners including Colgate-Palmolive, Unilever, Himalaya Wellness, and Patanjali Ayurved. Revenue is generated through B2B enterprise sales of specialty packaging products at contract-based pricing negotiated with each major account; the company also operates an Electronic Artwork Collaboration Tool (EACT) to streamline artwork approvals with customers. Following a 2014–2019 acquisition by Blackstone and a March 2026 merger announcement with Indovida India (Indorama Ventures), EPL is positioning as a $2 billion-valuation specialty packaging platform combining flexible and rigid PET packaging for emerging markets.

The business is led by Managing Director and Global CEO Hemant Bakshi (former CEO of Unilever Indonesia), with Anand Kripalu having transitioned out of the MD & Global CEO role in December 2025. EPL is publicly listed in India, with Indorama Ventures expected to hold ~51.8% and Blackstone ~16.6% post-merger. Recent operational signals include Q2FY26 revenue growth of 11% (profit +19.9%), Q3FY26 revenue growth of 13.3%, and Q4 FY26 revenue growth of 17.6% YoY, supported by EcoVadis Platinum and CDP Climate Change A ratings that anchor its sustainability positioning with global FMCG customers.

Name

EPL

Legal name

EPL Limited

Website

https://eplglobal.com

Company type

Public

Founded year

1982

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

EPL Limited is a Mumbai-headquartered global specialty packaging manufacturer of laminate and extruded tubes, caps, and dispensing systems for FMCG and pharmaceutical customers, operating 21+ plants across 11 countries and serving over 1,200 clients including Colgate-Palmolive, Unilever, Himalaya, and Patanjali.

Ownership category

akta.pro rank

Product category

Specialty Packaging Manufacturing

NAICS

Plastics Packaging Film and Sheet (including Laminated) Manufacturing (326112), Laminated Plastics Plate, Sheet (except Packaging), and Shape Manufacturing (326130), Plastics and Rubber Products Manufacturing (326)

SIC

Miscellaneous Plastics Products (3080), Unsupported Plastics Film & Sheet (3081), Plastic Materials, Synth Resins & Nonvulcan Elastomers (2821)

akta.pro primary industry

Foam Protective Packaging (EPS/EPE/EPP, PU, Molded Foam) (IMALAFAA)

akta.pro secondary industry

Product Sustainability & LCA/EPD (Eco-design, PCF) (EUAHAJAF)

Keywords

• Laminated tube packaging
• Specialty packaging solutions
• Sustainable packaging manufacturing
• FMCG packaging
• Extruded plastic tubes

Headquarters

HQ city

Mumbai

HQ country

India

HQ region

Asia

Offices2 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Operations, Supply Chain, Personnel, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. Specialty Packaging Products: Revenue generated from the manufacture and sale of specialty laminate tubes to FMCG companies across Oral Care, Beauty & Cosmetics, Pharma & Health, Food & Nutrition, and Home Care segments. Contracts are typically multi-year supply agreements with recurring volume commitments.

Pricing tiers

Go-to-market motion2 records

Distribution channels1 record

Marketing channels3 records

Core offering

EPL Limited is a global specialty packaging manufacturer that produces laminate tubes, extruded tubes, laminates, caps and closures, and dispensing systems for the FMCG, pharmaceutical, cosmetics, oral care, food, and home care industries. The company operates 21+ manufacturing facilities across 11 countries and delivers over 8 billion tubes annually to 1200+ clients globally, functioning as a fully backward-integrated manufacturer from blown film to finished tubes.

Product overview

EPL is a global specialty packaging company offering a comprehensive portfolio of packaging solutions organized into five core product segments: Laminates, Laminated Tubes, Extruded Tubes, Caps & Closures, and Dispensing Systems. The company serves five major industry verticals: Beauty & Cosmetics, Oral Care, Food & Nutrition, Pharma & Health, and Home Care. EPL's product portfolio includes sustainable laminate innovations (Platina, Platina Pro, r-Platina, PlatinaME, Platina Vision, Etain), print innovations (NEOSeam, Glitter, Glow in the dark, 3D Foil, Screen Braille Effect, Lens Foil Effect), and premium finishes (Super Titanium, Clarion). The company operates 21+ manufacturing facilities across 11 countries and delivers over 8 billion tubes annually to 1200+ clients worldwide, functioning as a fully backward-integrated manufacturer from blown film to finished tubes. Recent developments include the Indovida India merger creating a $2 billion valuation company.

Differentiator

Problem solved

Functional benefit

Products and services

• Laminates Composite materials made from LLDPE forming the core barrier of tube bodies, including Aluminium Barrier Laminates (ABL) for superior light/air/moisture barrier and Plastic Barrier Laminates (PBL) for chemical resistance.
• Laminated Tubes Cost-effective tubes with excellent barrier properties that extend product shelf life, widely used for personal care, food, pharma, and industrial applications globally.
• Extruded Tubes Seamless plastic tubes representing an emerging frontier, especially for cosmetics, enabling superb aesthetics and easy adaptability to decorative forms for high-end, low-volume products.
• Caps & Closures Special caps and closures for products beyond tubes, including hair care and personal care bottles, supplied through in-house injection moulding facilities with rapid prototyping capabilities.
• Dispensing Systems Range of dispensing systems for various product applications, with capability to design new systems against specific client requests.
• Platina (Sustainable Laminate Tube) World's only 100% recyclable laminate tube, designed to meet sustainability commitments while maintaining product integrity and shelf appeal.
• Platina Pro APR and RecyClass-approved sustainable laminate with superior barrier properties, suitable for food packaging applications.
• r-Platina Recycled packaging solution incorporating up to 60% post-consumer recycled material while remaining compatible with existing HDPE recycling streams. Received RecyClass 'A' certification and designed for EU Packaging and Packaging Waste Regulation compliance.
• PlatinaME Sustainable laminate offering designed for Middle East markets with recyclability features.
• Platina Vision Transparent sustainable laminate providing visibility of product inside while maintaining recyclability.
• Etain Recyclable laminate tube made from post-consumer recycled (PCR) plastics, designed for sustainable packaging solutions.

Quantifiable outcome

• Sustainability leadership recognized through EcoVadis Platinum and Gold ratings
• +1 more outcomes

Named customers4 records

Segments5 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Three partnerships are on record, tiered core and flagship.

• Indorama Ventures (via Indovida India)coreStrategic or Co-development Partner · 1 January 2023Indorama Ventures, through its India subsidiary Indovida India, combined with EPL to create a specialty packaging powerhouse. The merger brought together complementary capabilities and expanded the product portfolio and geographic reach, with Indorama's global footprint enhancing EPL's market position.
• Colgate-PalmoliveflagshipStrategic or Co-development PartnerLong-standing co-creation partnership where EPL develops customized specialty tube packaging solutions for Colgate's oral care product lines. The relationship involves joint product development and innovation initiatives for new tube formats and sustainable packaging.
• Pomélo+CocoreStrategic or Co-development PartnerCo-creation partnership for developing innovative tube packaging solutions for beauty and cosmetics applications. EPL collaborates with the brand on sustainable and differentiated packaging designs.

Scale indicators4 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Montebello Packaging: Montebello is a North American specialty tube manufacturer producing laminate and extruded tubes for personal care and OTC/pharmaceutical customers, serving overlapping end-markets with EPL.
• Constantia Flexibles: Constantia Flexibles is a major European flexible packaging manufacturer with a comparable laminate tube and laminated film portfolio, competing with EPL for the same FMCG contracts in Europe and emerging markets.
• Alltub: Alltub is a global manufacturer of aluminum and laminate tubes competing head-to-head with EPL across cosmetics, pharma, and personal care end-markets with similar multi-region manufacturing and customer mix.
• Albea Group: Albea is one of the world's largest specialty tube manufacturers serving the same beauty, oral care, and personal care FMCG customers as EPL, with comparable laminate and extruded tube offerings and a strong sustainability roadmap.
• AptarGroup: Aptar is a direct peer in dispensing systems and specialty packaging closures, supplying global FMCG and pharma customers with complementary pump, valve, and closure products that overlap with EPL's Caps & Closures and Dispensing Systems lines.
• CCL Industries: CCL's Healthcare and Specialty segments produce laminate tubes and labels for personal care and pharma customers, overlapping directly with EPL's Beauty & Cosmetics and Pharma & Health verticals.

Broad incumbents

• Huhtamaki: Huhtamaki is a global food and consumer goods flexible packaging supplier with overlapping FMCG customers; while broader than EPL, it competes in similar laminated packaging formats.
• Sonoco Products: Sonoco is a diversified global packaging company with consumer-related tubes and flexible packaging operations that compete with EPL's personal care and home care offerings.
• Amcor: Amcor is a global packaging giant whose flexibles segment competes with EPL across FMCG and personal care customers; it is broader in scope but overlaps meaningfully in laminate tubes and barrier films.

Regional players

• Linhardt: Linhardt is a European specialty tube manufacturer competing with EPL in cosmetics, pharma, and oral care tubes, primarily serving European customers rather than EPL's broader global footprint.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/EPL_Limited
• YouTubeyoutube.com/channel/UCciHlQEzUjUqievawSyoNcw
• Facebookfacebook.com/EPLGlobalLimited
• LinkedInlinkedin.com/company/epl-limited
• Instagraminstagram.com/epl_limited

Compliance11 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Subsidiaries8 records

Funding overview

Funding rounds1 record

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about EPL