Plastiblends India

What Plastiblends India does

Plastiblends India Limited, founded in 1991 and headquartered in Mumbai, is a publicly listed (BSE) manufacturer and exporter of thermoplastic compounds and masterbatches serving industrial customers across packaging, automotive, healthcare, electrical & electronics, wire & cable, agriculture, textiles, and appliances. The company operates four manufacturing units in Daman, Palsana, and Roorkee with over 100,000 sq. mt of production area and combined annual capacity exceeding 1,30,000 MT, supported by a NABL-accredited, DSIR-recognized in-house R&D laboratory. Its product portfolio spans colour, white, black, additive, filler, and polyester masterbatches, conductive compounds, and engineering plastics compounds marketed under the proprietary ENGITECH brand, with specialty sub-brands such as POLYADDIT, POLYCOLOUR, POLYBIO, POLYBRIGHT, POLYCLEAR, POLYDRY, POLYLUBE, POLYNOX, and POLYULTRA covering functions from flame retardancy to UV stabilization. Manufacturing relies on Continuous Mixer (LCM) lines, twin-screw extruders, high-speed mixers, computerized gravimetric feeding, and automated weighing and packaging, with over 1,400 KW of rooftop solar installed for energy efficiency.

The company operates a B2B enterprise field sales motion with quote-based pricing, distributing through direct engagement with large industrial customers and a global network of 150+ channel partners exporting to 60+ countries across Europe, North America, South America, Africa, and Asia. Certifications include ISO 9001:2015, ISO 14001:2015, ISO 45001:2018, and Global Recycled Standard (4.0), supporting qualification for sustainability-procured business. Plastiblends is part of the Kolsite Group, with the promoter group holding approximately 62.81% of equity. Financially, the company has shown strong recent momentum: Q1 FY27 revenue of ₹22,160.89 lakh grew 11.01% YoY, PAT of ₹1,495.06 lakh grew 67.54% YoY, and EBITDA margin expanded from 6.75% to 9.92%, while Q4 FY26 standalone net sales of Rs 210.62 crore grew 5.76% YoY with net profit up 44.85% YoY.

Name

Plastiblends India

Legal name

Plastiblends India Limited

Website

https://plastiblends.com

Company type

Public

Founded year

1991

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Plastiblends India Limited is a publicly listed B2B manufacturer and exporter of colour, additive, filler, and engineering plastic masterbatches and compounds, serving automotive, packaging, healthcare, electronics, wire & cable, agriculture, textiles, and appliance customers across 60+ countries through four manufacturing units in India.

Ownership category

akta.pro rank

Product category

Plastic Masterbatches and Polymer Compounds

NAICS

Plastics Product Manufacturing (3261)

SIC

Miscellaneous Plastics Products (3080)

akta.pro primary industry

Masterbatch Manufacturing (Color, Additive, White/Black) (IMANABAD)

akta.pro secondary industry

Commodity Plastic Compounds (PE/PP/PS/PVC) (IMANABAA)

Keywords

• Plastic masterbatches
• Thermoplastic compounds
• Engineering plastics compounds
• Polymer additives
• Conductive compounds

Headquarters

HQ city

Andheri

HQ country

India

HQ region

Asia

Offices4 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Masterbatch Sales: B2B sales of colour, white, black, additive, and filler masterbatches along with engineering plastics compounds to industrial customers across packaging, automotive, healthcare, and other sectors

Go-to-market motion1 record

Distribution channels2 records

Marketing channels4 records

Core offering

Plastiblends India manufactures and exports masterbatches (colour, white, black, additive, filler, and polyester variants) and engineering plastics compounds for industrial plastic processors across automotive, packaging, healthcare, electronics, wire and cable, agriculture, textiles, and appliance sectors. The company operates four manufacturing units with combined annual capacity exceeding 1,30,000 MT and distributes globally through direct sales and a 150+ channel partner network reaching 60+ countries.

Product overview

Plastiblends India operates as a masterbatch and engineering plastics manufacturer offering a comprehensive portfolio of colour, white, black, additive, filler, and polyester masterbatches along with conductive compounds and engineering plastics compounds sold under the ENGITECH brand. The product portfolio includes specialized sub-brands such as POLYADDIT (additive masterbatches), POLYCOLOUR (black and white masterbatches), POLYBIO (oxo-biodegradable), POLYBRIGHT (optical brighteners), POLYCLEAR (nucleating agents), POLYDRY (desiccants), POLYLUBE (lubricants), POLYNOX (antioxidants), and POLYULTRA (UV protection). These products serve diverse end-use industries including packaging (flexible and rigid), automotive, healthcare, agriculture, electrical/electronics, textiles, and wire & cable. The company operates four manufacturing units across Daman, Palsana, and Roorkee with a combined annual production capacity exceeding 1,30,000 MT.

Differentiator

Problem solved

Functional benefit

Brands

• ENGITECH: Engineering plastics compounds brand

Products and services

• Colour Masterbatches Colour masterbatches for PE, PET, and PP polymers, delivering consistent, high-quality colours with precise shade matching and batch-to-batch repeatability for industrial plastic processors.
• White Masterbatches (POLYCOLOUR WHITE) White masterbatches for EVA, PE, PET, PP, and PS carriers, providing high opacity, brightness, and titanium dioxide-based pigmentation for packaging, appliances, and healthcare applications.
• Black Masterbatches (POLYCOLOUR BLACK) Black masterbatches formulated for EVA, PE, PET, PP, and PS carrier resins, providing UV protection, mechanical reinforcement, and deep coloration for various polymer applications.
• Additive Masterbatches (POLYADDIT, POLYBIO, POLYBRIGHT, POLYCLEAR, POLYDRY, POLYLUBE, POLYNOX, POLYULTRA) Specialty additive masterbatches including anti-block, anti-fog, anti-microbial, anti-rodent, anti-static, flame retardant, PPA, slip, oxo-biodegradable, optical brightener, nucleating/clarifying, desiccant, duct lubricant, antioxidant, and ultraviolet absorber/stabilizer variants for industrial plastic processors.
• Filler Masterbatches Mineral filler concentrates that enhance stiffness, improve dimensional stability, reduce raw material costs, and optimize processing efficiency in plastic compounds for industrial applications.
• Polyester Masterbatches Masterbatches specifically formulated for polyester applications, available in additive, black, colour, and white variants for PET processing.
• Conductive Compounds Carbon black-based conductive compounds for PE, PP, and PS polymers that safely dissipate static charge and provide electromagnetic shielding for automotive electronics, fuel systems, and ESD-sensitive packaging applications.
• Engineering Plastics Compounds (ENGITECH) High-performance thermoplastic compounds engineered for demanding applications in automotive, electrical, electronics, and industrial sectors, incorporating glass fibres, flame retardants, impact modifiers, and stabilisers for structural and thermal performance, including PA6, PA66, ABS with high-torque twin-screw technology.

Quantifiable outcome

• Lower addition levels due to superior dispersion achieving significant cost reductions
• +4 more outcomes

Named customers7 records

Segments9 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Scale indicators11 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Penn Color: Specialty masterbatch and pigment dispersion manufacturer serving packaging, automotive, and consumer goods. Directly comparable product portfolio focused on color and functional masterbatches for industrial converters.
• Tosaf Group: Israel-based global masterbatch and additive manufacturer with a strong portfolio in color, white, black, and functional additive masterbatches. Closely comparable in product mix and industrial B2B go-to-market approach.
• RTP Company: Specialty thermoplastic compounding manufacturer with a strong engineering plastics compounds franchise. Closely comparable to Plastiblends' ENGITECH brand for high-performance applications in automotive, electronics, and industrial markets.
• Ampacet Corporation: Global masterbatch manufacturer with a comprehensive portfolio of color, black, white, and additive masterbatches. Direct comparable given overlapping product categories, B2B industrial customer base, and multi-region manufacturing footprint.
• Gabriel-Chemie Group: European-based masterbatch specialist with color, additive, and functional masterbatch offerings. Directly comparable product portfolio serving packaging, automotive, and technical applications across Europe and beyond.

Regional players

• Plastika Kritis S.A. Greece-based masterbatch and agricultural films manufacturer with comparable color and additive masterbatch portfolio. Strong in agricultural and packaging applications; primarily serves Europe, the Middle East, and Africa.
• Dainichiseika Color & Chemicals: Japanese masterbatch and pigment manufacturer with comparable color and additive masterbatch offerings. Operates primarily in Asia and serves similar industrial B2B end-markets, though with a regional focus rather than global.

Broad incumbents

• Mitsui Chemicals: Large Japanese chemicals conglomerate with a masterbatch and compound manufacturing business serving automotive, packaging, and electronics. Overlapping product portfolio but operates as part of a much broader petrochemicals and specialty chemicals franchise.
• Clariant (Masterbatches): Global specialty chemicals incumbent with a major masterbatches business serving packaging, automotive, and consumer goods. Comparable in product breadth and customer base, though operates as part of a much larger chemicals portfolio rather than a pure-play.
• Avient (formerly PolyOne): Global specialty polymer materials provider with significant color masterbatch and engineered materials businesses. Comparable end-markets and product categories, though part of a broader specialty materials portfolio.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/plastiblends
• Xx.com/plastiblends

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries3 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 Plastiblends India