Knack Packaging Q1 FY27: Growth with Improving Margins and Capital Efficiency

Consolidated revenue was INR 2,647.71 million, EBITDA was INR 591.73 million (22.35% margin) and PAT was INR 305.28 million (11.53% margin).

Revenue increased versus Q1 FY26 (INR 1,871.17 million to INR 2,647.71 million). EBITDA rose 53.14% and PAT rose 47.96% as per the presentation.

Management said the new manufacturing facility funded by IPO proceeds is on track for commissioning in October 2027, with installed capacity expected to reach about 70,000 MTPA post commissioning.

The presentation and call state the company has presence across 74 countries in Q1 FY27 (71 countries in FY26).

In the call, management said pinch-bottom bags were about 19%-20% earlier and are currently around 22.5%-23% of sales mix.

Management stated that many customers are on conversion cost structures and polymer price changes are passed through to customers quickly, with pricing adjusted when polymer prices move up or down.

Yes. The CFO stated a foreign currency gain of INR 1.6 crore during Q1 FY27.