UFLEX Ltd Eyes Next Milestone of $2 billion Revenue Mark by 2015

Earmarks investment of $ 250 million in setting up new manufacturing facilities and capacity
expansion both in India & overseas in next 2 years
!otal investments in Egypt pegged at $"#5 million$ commissioned an %&'() coater* +,,* -(,,
and ,E! film plant in Egypt
Investing $.0 $/0 million to set up a polyester films plant in 0entucky* 12$ production to start by
3ecember 20"2
,roduction at manufacturing facility in 4r5esnia* ,oland commenced in 6une 6uly 20"2
2nd phase of expansion of facility in 7exico completed
Ey!t" #uust $1" 2012% ' 1flex &td* the -ombay 2tock Exchange 819&E): 500";/< and =2E listed*
India>s largest flexible packaging company* today tabled their next phase of growth* which will involve
investments in setting up new manufacturing facilities and capacity expansion in existing locations %dding
new capacities and favourable demand trends globally will add traction to 19&E)?s growth to the next
milestone of touching the $2 billion revenue mark by 9@ 20"5
In the financial year ended 7arch #"* 20"2* 1flex had become the first Indian company in the flexible
packaging sector to achieve the milestone of $" billion revenue 19&E)?s agenda of global expansion and
consolidation of its position as a truly Indian 7=+ 87ultinational +orporation< with facilities in 3ubai* 7exico*
Egypt* India* ,oland and 12% reinforces its strategy of increasing proximity to potential markets* apart from
bringing broad portfolio of value added products to its clients at competitive price points
#&&ordin to Mr' #s(ok )(aturvedi" )(air*an and M'+' of UFLEX Ltd" A(ur global investments in
excess of $500 million in greenfield and brownfield expansion is symbolic of our dual commitment ' to
investors* creating incremental value on their investments* on one hand$ and solutions based innovation
driven product offerings that adds value to clients? go'to'market strategy (ur investors and clients are our
guide to future growth strategies* which is crucial for us to Identify and harness the opportunities at the right
time that is key to our strong foothold in the flexible packaging market globallyB
Ex!ansion ,lans
1flex &td is currently investing Cs #/0 ;00'crore 8$.0 $/0 million< to set up a polyester films plant in
-entu&ky* in the U. with an annual capacity of #0*000 metric tonnes !his facility will start production by
3ecember 20"2 !his will be the first Dreenfield investment to be made in 0entucky by an Indian company*
as also 1flex?s first manufacturing facility in the 12%
In the Euarter ended 6une #0* 20"2* 1flex completed the setting up of its new manufacturing facility for
production of #0*000 7!s of polyester film in /r0esnia" in ,oland !he facility involved investments of
about $/0 million 8around Cs #F0 crore< !he proGect has successfully commenced commercial production
since 6une 6uly 20"2

3uring the financial year ended 7arch #"* 20"2* 1flex &td completed the 2nd phase of expansion of its
facility in Mexi&o aggregating a total capacity of F0000 7! of ,E! film and commissioned an %&'() coater*
+,, plant of "2000 7!s and ,E! film of #0*000 7!s in Ey!t
!he company?s total investments in Ey!t are pegged at $"#5 million while the investments in Mexi&o
amounted to $"0. million !he facility in Egypt has trade pacts with D++ nations* 2outhern Europe &
%frica* 7iddle East* 4est %sia and +I2 to access larger markets* while the facility in 7exico has trade pacts
and is part of =%9!%* thus has access to a large market like =orth %merica
Finan&ials
1flex has grown from strength to strength registering a 22H increase in its consolidated net revenue for the
Euarter ended 6une #0* 20"2 at Cs "#IF crore as against Cs ""25 crore for the same period last year
!he firm>s consolidated net profit for the 6une Euarter of 20"2 stood at Cs 5F crore as against Cs .F crore
for the same Euarter last year Jowever* seEuentially* the revenue and net profit for Ktr 6une* 20"2 vi5 L
vi5 Ktr 7arch* 20"2 has grown by "FH and 5H respectively !he higher revenue growth is attributed to
new capacity expansion globally and increased uptake of innovative flexible packaging solutions offered by
the company across sectors
1flex closed the financial year ended 7arch #"* 20"2 on a strong note registering a growth of #0H in
consolidated net revenues at Cs ;5;# crore as against Cs #5;0 crore for the previous year* on the back of
favourable demand trends globally
)o*!etitive #dvantae
1flex>s strong manufacturing base in India* 7exico* 3ubai* and Egypt and ,oland caters to global markets
spanning 12%* +anada* 2outh %merica* 10* Europe* Cussia* +I2 countries* 2outh %frica and other %frican
countries* the 7iddle East and the 2outh %sian +ountries
1flex is the only integrated unit of its kind in the world with flexible packaging at its core It has vast
capacities for production of ,olyester chips* -iaxially (riented ,olyethylene !eraphthalate 8-(,E!< and
-iaxially (riented ,olypropylene 8-(,,< films* ,rinting & +oating Inks* facilities for Jolography*
7etali5ation & ,M3+ coating* making Dravure ,rinting +ylinders & 9lexo ,rinting plates* Dravure ,rinting*
&amination and ,ouch formation
!he company>s partial client list includes 1nilever* ,epsi* 4rigley* ,rocter & Damble* +olgate* ,almolive*
=estle* Dillette* Canbaxy* ,erfetti* 6oyco* 7onsanto* I!+* DodreG ,illsbury* !ata !ea* Jindustan ,etroleum*
Indian (il* -ritannia* 3abur* Jaldiram* 4ockhardt* J1&* ,arle -iscuit* and -irla #7* among others