What AGI Greenpac does

AGI Greenpac Limited is India's leading sustainable packaging products company, listed on the NSE and BSE under the ticker AGI GREENPAC and formerly known as HSIL Limited. Organized into three operating business units—AGI Glaspac (glass containers), AGI Plastek (PET packaging), and AGI Clozures (security caps and closures)—the company manufactures packaging for cosmetics, perfumery, beverages, FMCG, chemicals, pharmaceuticals, alcoholic beverages, food and soft drinks, personal care, agrochemicals, and dairy industries. It operates seven manufacturing plants across Telangana, Uttarakhand, and Karnataka and serves over 500 institutional clients globally, with a small B2C retail brand (Sand Dunes) handling consumer glass distribution.

The company's core technology centers on proprietary glass manufacturing and anti-counterfeiting closure systems. AGI Glaspac runs three plants producing over 2,000 tonnes of glass per day across bottle sizes from 1.5 ml to 6,000 ml, including specialty glass in up to 18 colors through a proprietary colouring forehearth capability and in-house premium decoration services such as ceramic labels, hot-foiling, masking, frosting, spray painting, and lacquering. AGI Plastek operates three plants with 11,892 tonnes of annual PET capacity, while AGI Clozures produces over 1 billion counterfeit-resistant caps and closures per year, embedding multi-layer security features—safety ink, tamper-evident seals, and unique identifiers—for spirits and pharmaceutical customers. The company is also building a 500 TPD greenfield glass plant in Madhya Pradesh (commissioning targeted for March 2027) and a ₹1,000 crore aluminium beverage can plant in Uttar Pradesh with 1.6 billion cans of planned annual capacity, in addition to a developing wooden caps and luxury closures line (Artsy Collection) for premium perfume and spirits brands.

Commercially, AGI Greenpac runs a B2B enterprise field sales motion with direct engagement of FMCG, pharmaceutical, beverage, and consumer goods clients, complemented by the Sand Dunes B2C retail brand. Revenue is generated through hardware sales of glass containers, PET bottles, and security closures at quote-based pricing tied to volume, specification, and customization. FY26 full-year sales reached ₹2,665.32 crore, with Q4 FY26 net profit up 19.43% YoY and a Q4 EBITDA margin of 27.8%. Chairman and Managing Director Sandip Somany leads a board that includes multiple independent and family-affiliated directors, and the company sits within the broader HSIL Limited group. Sustainability commitments include 21 MWp of installed solar capacity across manufacturing facilities, 22,000+ tonnes of CO2e annual emissions reduction, 200,000+ tonnes of recycled glass reused each year, and an SBTi-validated Net Zero by 2050 target.

Name

AGI Greenpac

Legal name

AGI Greenpac Limited

Website

https://agigreenpac.com

Company type

Public

Founded year

2018

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

India-listed AGI Greenpac manufactures sustainable packaging—glass containers, PET bottles, and anti-counterfeiting security caps and closures—across seven plants in Telangana, Uttarakhand, and Karnataka, serving over 500 institutional FMCG, pharmaceutical, beverage, and consumer goods clients globally.

Ownership category

akta.pro rank

Product category

Packaging Manufacturing

NAICS

Glass Container Manufacturing (327213), Plastics Bottle Manufacturing (326160)

SIC

Glass Containers (3221), Plastics Products, Nec (3089)

akta.pro primary industry

Pharmaceutical & Medical Glass Packaging (Vials, Ampoules, Syringes) (IMALAEAB)

akta.pro secondary industries

Plastic Caps, Closures & Dispensing Systems Manufacturing (IMANAEAB), Dairy & Refrigerated Foods Packaging (IMALAHAG), Pharmaceutical & Medical Plastic Packaging Manufacturing (IMANAEAK)

Keywords

• Glass container manufacturing
• PET packaging solutions
• Security caps closures
• Specialty glass packaging
• Sustainable packaging products

Headquarters

HQ city

Gurugram

HQ country

India

HQ region

Asia

Offices9 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. Glass Container Sales: Manufacturing and sale of glass bottles and containers ranging from 1.5ml to 6,000ml for cosmetics, perfumery, beverages, FMCG, chemicals, and pharmaceuticals through AGI Glaspac business unit. Major revenue stream with three state-of-the-art plants producing over 2000 tonnes daily.
2. PET Packaging Solutions: Production and supply of customized PET packaging bottles and products for pharmaceuticals, alcoholic beverages, food and soft drinks, personal care, agrochemicals, and dairy sectors through AGI Plastek with annual capacity of 11,892 tonnes across three plants.
3. Security Caps and Closures: Manufacturing of counterfeit-resistant security caps and closures for the alcoholic beverage industry, including premium wooden caps and closures. Annual production capacity exceeds 1 billion units.
4. Speciality Glass Products: Supply of commercial and specialty glass bottles through both AGI Glaspac (B2B) and Sand Dunes (B2C/retail) brands with comprehensive design-to-delivery solutions.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels6 records

Core offering

AGI Greenpac manufactures and markets packaging products including glass containers (1.5 ml to 6,000 ml), polyethylene terephthalate (PET) bottles, injection moulding products, and counterfeit-resistant security caps and closures. The company operates through three business units: AGI Glaspac for glass packaging, AGI Plastek for PET solutions, and AGI Clozures for security closures, serving industries such as FMCG, pharmaceuticals, beverages, cosmetics, perfumery, alcoholic beverages, personal care, agrochemicals, and dairy. The company produces over 2,000 tonnes of glass daily, 11,892 tonnes of PET annually, and over 1 billion security caps/closures annually across seven manufacturing plants in India.

Product overview

AGI Greenpac is India’s leading sustainable packaging products company organized into three Business Units: AGI Glaspac, AGI Clozures, and AGI Plastek. AGI Glaspac provides glass container manufacturing with daily capacity of over 2000 tonnes across three plants, producing bottles from 1.5 ml to 6,000 ml in commercial and specialty glass for B2B and B2C markets (Sand Dunes brand). AGI Plastek supplies PET packaging solutions with annual capacity of 11,892 tonnes across three plants. AGI Clozures produces over 1 billion counterfeit-resistant security caps and closures annually for the alcoholic beverage industry. The company operates seven plants in India located across Telangana, Uttarakhand, and Karnataka.

Differentiator

Problem solved

Functional benefit

Brands

• AGI Glaspac: Leading provider of sustainable glass packaging solutions specializing in research, design, development, manufacturing, and supply of high-quality glass bottles for various industries. Products range from 1.5 ml to 6,000 ml bottles serving cosmetics, perfumery, beverages, FMCG, chemicals, and pharmaceuticals.
• Sand Dunes
• AGI Plastek
• AGI Clozures
• Artsy Collection
• Smart ODR

Products and services

• AGI Glaspac - Glass Container Manufacturing Sustainable glass packaging solutions including research, design, development, manufacturing, and supply of high-quality glass bottles ranging from 1.5 ml to 6,000 ml. Operates three state-of-the-art plants in India with a daily capacity of over 2,000 tonnes. Serves B2B customers in cosmetics, perfumery, beverages, FMCG, chemicals, and pharmaceuticals.
• AGI Plastek - PET Packaging Solutions Customized and innovative PET packaging bottles and products for pharmaceuticals, alcoholic beverages, food and soft drinks, personal care, agrochemicals, and dairy sectors. Operates three strategically located plants with annual capacity of 11,892 tonnes.
• AGI Clozures - Security Caps and Closures High-quality, counterfeit-resistant security caps and closures for the alcoholic beverage industry. Features advanced security capabilities including safety ink, tamper-evident seals, and unique identifiers for brand protection. Also produces the Artsy Collection of wooden caps, closures, and T Corks for perfume and top-shelf liquor brands. Annual production capacity exceeds 1 billion units.
• Specialty Glass Bottles Specialty glass bottles produced by AGI Glaspac for cosmetics, perfumery, pharmaceuticals, and other premium industries. Available in up to 18 different colours using the company's unique colouring forehearth capability, with in-house premium decoration services including ceramic labels, hot-foiling, frosting, and lacquering.

Quantifiable outcome

• 22,000+ tonnes CO2e annual emissions reduction through 21 MWp solar installations
• +2 more outcomes

Named customers1 record

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Two partnerships are on record, tiered core.

• Pontaq VenturescoreStrategic or Co-development Partner · 26 June 2026Venture capital firm Pontaq Ventures partnered with AGI Greenpac to conduct a two-day Founder Immersion and Start-up Workshop at AGI Greenpac's manufacturing facilities. The workshop brought together startup founders, investors, and industry leaders with shop-floor visits, concluding with proof-of-concept engagements worth ₹75 lakh awarded to five deep-tech startups from Pontaq's portfolio. This marks the first in a planned series of open innovation programmes.
• SIG TattvacoreStrategic or Co-development Partner · 26 June 2026SIG Tattva, the VC arm of Somany Impresa Group, co-hosted the manufacturing-tech founder workshop with Pontaq Ventures at AGI Greenpac facilities. The partnership aims to expand open innovation programmes beyond their portfolio to include startups backed by other venture capital firms.

Scale indicators16 records

Recent moves9 records

Expansion highlights6 records

Regional players

• Vetropack Holding: Central European glass packaging manufacturer serving beverages and food. Comparable to AGI Glaspac in product type and customer mix, but operates in a different geography with limited direct overlap in India.

Emerging players

• Saverglass: French specialty glassmaker focused on premium spirits, wine and perfumery bottles — directly comparable to AGI Glaspac's specialty and 18-colour forehearth capability, particularly for cosmetics/perfumery and top-shelf liquor brands.

Broad incumbents

• Crown Holdings: Global metal packaging major (aluminium and steel cans) and the most direct incumbent competitor for AGI's new aluminium beverage can business targeting Indian beverage OEMs.
• Verallia: European-headquartered global leader in glass packaging (revenues >€4bn) serving wine, spirits, beer, food and soft drinks. Comparable to AGI Glaspac in product portfolio but vastly larger scale and broader geographic footprint.
• Ardagh Metal Packaging: Global metal can manufacturer serving beverage and food brands. Directly comparable to AGI's planned aluminium beverage can plant in Uttar Pradesh and a likely large-scale competitor for Indian beverage customers.
• Owens-Illinois (OI Glass): World's largest manufacturer of glass containers with operations across the Americas, Europe and Asia-Pacific. Competes with AGI Glaspac in beverage and food glass packaging, and serves similar global FMCG brand owners.

Direct peers

• Hindusthan National Glass & Industries (HNG): India's largest container glass manufacturer producing bottles for beer, spirits, F&B, pharma and cosmetics. HNG is the closest direct competitor to AGI Glaspac in the Indian market and was the target of AGI's rejected resolution plan.
• Manjushree Technopack: One of India's largest PET preform and bottle manufacturers serving beverages, FMCG and personal care. Direct Indian PET packaging competitor to AGI Plastek.
• EPL Limited (formerly Essel Propack): India-listed global specialty packaging company producing plastic tubes, laminates and PET products for FMCG, oral care and pharma. Comparable to AGI Plastek's PET packaging business in customers and end markets.
• PGP Glass (formerly Piramal Glass): Leading Indian specialty glass packaging manufacturer serving perfumery, cosmetics, pharmaceuticals and specialty F&B. Direct competitor to AGI Glaspac in premium and specialty glass segments, with similar global customer base.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/AGIgreenpac
• Facebookfacebook.com/agigreenpac
• LinkedInlinkedin.com/company/agi-greenpac
• Instagraminstagram.com/agi_greenpac

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Subsidiaries4 records

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about AGI Greenpac