Hindustan Tin Works

What Hindustan Tin Works does

Hindustan Tin Works Ltd (BSE: HINDTIN) is an Indian tinplate metal packaging manufacturer founded in 1958 and headquartered in Sonipat, with a public listing and Bhatia-family control since the 1977 acquisition. The company produces a broad portfolio of 3-piece and 2-piece metal cans (beverage, processed food, baby food, pharma, aerosol, paint and shoe polish, general line, cookie, slip lid, re-closable, decorative and Open Top Sanitary cans), metal closures, and printed metal sheets, supported by offset printing, body fabrication, lacquer/enamel coating and 150+ in-line quality checks per can. Annual manufacturing capacity is approximately 260 million units across a 40,000+ sq.mt. facility, with certifications including ISO 9001:2015, FSSC 22000, HACCP and the BIS All India First Licence against IS 18427:2024.

The company sells primarily through direct B2B contracts to enterprise consumer marketing companies in India and across 30+ countries in Africa, Australia, Europe, the Middle East, New Zealand, the USA and Southeast Asia. Named customers include Asian Paints, Nestle India, Amul, Haldiram, Del Monte, Danone India, Patanjali, Reckitt Benckiser, DS Group and Bikanerwala. Pricing is quote-based and customized to specification and volume, with no publicly disclosed price list. Disclosed annual turnover is approximately INR 300 crore (~US$36M).

Strategically, HTW has pursued international expansion through the 2014 joint venture with Rexam to establish 2-piece can manufacturing in India, product differentiation via award-winning innovations such as the Bvitas Juice double-necked stackable tinplate can, and sustainability positioning through the Canvironment Week initiative and 100% recyclability messaging. The business is run by Managing Director Sanjay Bhatia (47+ years tenure), supported by second-generation Bhatia family leadership in operations, sales and strategy, with MK Mittal as CFO and Rajat Pathak as EVP Finance & Company Secretary.

Name

Hindustan Tin Works

Legal name

Hindustan Tin Works Ltd

Website

https://hindustantin.biz

Company type

Public

Founded year

1958

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Hindustan Tin Works is a publicly listed Indian manufacturer and exporter of tinplate metal cans, closures, and printed sheets, supplying enterprise FMCG brand owners across India and 30+ countries from its Sonipat facility.

Ownership category

akta.pro rank

Product category

Metal Packaging Manufacturing

NAICS

Metal Can Manufacturing (332431)

SIC

Metal Cans (3411)

akta.pro primary industry

Metal Can Ends, Lids & Components (Ends, Rings, Tabs) (IMALADAJ)

akta.pro secondary industries

Food Cans (Steel/Tinplate) (IMALADAB), Metal Pails & Paint Cans (IMALADAE), Corrugated Packaging (Boxes, Sheets, Pads) (IMALACAA)

Keywords

• Metal packaging manufacturing
• Metal cans production
• Tinplate packaging solutions
• Printed metal sheets
• Can closures manufacturing

Headquarters

HQ city

New Delhi

HQ country

India

HQ region

Asia

Offices2 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. Metal Cans Manufacturing and Sales: Manufacturing and selling various types of metal cans including beverage cans, food cans, aerosol cans, paint cans, decorative cans, and general line cans to consumer marketing companies globally.
2. Metal Closures and Components: Manufacturing and supplying can ends, closures, and related metal packaging components for food and non-food products.
3. Metal Sheets (Printed): Manufacturing and supplying printed metal sheets for domestic and export markets with offset printing capabilities.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels7 records

Core offering

Hindustan Tin Works Ltd is a manufacturer and exporter of metal packaging products, producing cans (beverage, food, aerosol, paint, decorative, general line), printed metal sheets, and can closures for consumer marketing companies globally. The company operates from a 40,000+ sq.mt. facility in Sonipat, India, manufacturing approximately 260 million units annually using tinplate and both 2-piece and 3-piece can-making processes. It serves enterprise customers across food and beverage, pharma, paints, FMCG, and household sectors in India and 30+ countries worldwide.

Product overview

Hindustan Tin Works Ltd is a leading metal packaging manufacturer offering a comprehensive portfolio of can and closure products. The product line includes beverage cans, decorative cans, baby food and pharma cans, processed food cans, aerosol cans, general line cans, metal sheets, can closures, open top sanitary cans (OTSC), paint and shoe polish cans, cookie cans, slip lid cans, and re-closable cans. With over 66 years of expertise, the company manufactures approximately 260 million units annually across its 40,000 sq.mt. facility, serving customers in more than 30 countries. The products are marketed under the HTW brand and serve diverse industries including food and beverages, pharmaceuticals, cosmetics, and industrial packaging.

Differentiator

Problem solved

Functional benefit

Quantifiable outcome

• 260 million units annual manufacturing capacity
• +4 more outcomes

Named customers10 records

Segments5 records

Ideal customer profiles4 records

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature8 records

Partnerships

One partnership is on record.

• RexamcoreStrategic or Co-development Partner · 1 January 2014Hindustan Tin Works signed a Joint Venture agreement with Rexam for setting up a 2-piece can manufacturing line. This partnership was featured on NDTV Profit, indicating a significant strategic collaboration for advanced can manufacturing technology in India.

Scale indicators7 records

Recent moves7 records

Expansion highlights5 records

Broad incumbents

• Silgan Holdings Inc. Silgan is a US-listed global supplier of metal containers, closures, and dispensing systems. Its metal food container and aerosol can portfolio directly competes with HTW in international markets.
• Ball Corporation: Ball Corporation is a US-listed global can manufacturer with leading positions in aluminum beverage cans and aerosol containers. Following its acquisition of Rexam (HTW's JV partner), Ball is increasingly relevant to HTW's beverage can ambitions and competitive landscape.
• Ardagh Metal Packaging S.A. Ardagh Metal Packaging is a US-listed global metal can manufacturer serving beverage, food, and personal care customers across the Americas and Europe. It is a relevant benchmark competitor to HTW in export markets for beverage and food cans.
• Crown Holdings, Inc. Crown Holdings is a Fortune 500 global metal packaging leader with beverage, food, and aerosol can operations across more than 40 countries. As the largest can maker by revenue, it competes with HTW internationally and represents the structural scale benchmark HTW must close to win large global accounts.

Direct peers

• Guala Closures Group: Guala Closures is a global leader in bottle closures with a meaningful beverage closure business. While closures differ from full cans, it competes with HTW on metal closures (slip lids, easy-open ends, over caps) supplied to pan masala, beverage, and FMCG customers.
• Huhtamaki India Ltd: Huhtamaki India is the Indian arm of Finnish packaging major Huhtamäki Oyj, manufacturing flexible packaging, paper cups, and food-service packaging with FMCG and food customers like Nestle, Amul, and Haldiram. It is a listed Indian competitor with overlapping end-market exposure to HTW in food and beverage packaging.
• EPL Limited (formerly Essel Propack): EPL is a major Indian-listed packaging manufacturer producing tubes, cartons, and specialty packaging for FMCG brands. While its core oral-care tube business differs, it competes with HTW in Indian FMCG packaging supply and serves overlapping FMCG customers like Patanjali, Dabur, and Reckitt Benckiser.
• Manaksia Limited: Manaksia is an Indian listed conglomerate with metal packaging and value-added metal products. Its metal packaging division overlaps with HTW in cans and closures manufacturing for FMCG customers.

Others

• Tinplate Company of India Limited: Tinplate Company of India (Tata Steel subsidiary) is India's largest tinplate producer and the primary upstream raw material supplier to HTW. As an indirect value-chain partner rather than competitor, its pricing power directly affects HTW's cost structure.

Emerging players

• Can-Pack S.A. Can-Pack is a privately-held global manufacturer of beverage cans, food cans, and glass containers, expanding rapidly in emerging markets including India. Its growing Indian footprint represents direct emerging competitive pressure on HTW's domestic and export can business.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 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 Hindustan Tin Works