Essel Propack: Update

We had already published an article on Essel Propack. To read it, click here.

Here are few additional point to it:

• Americas and Europe account for 28% of revenue in FY 2016.
• Apart from Oral care, Essel's products are used in high growth industries like Cosmetics, Pharma, Health foods an home care.
• Aim is to increase the revenue share from non-oral care segment to over 50% from current 41.8%
• In FY2016, Debt equity ratio reduced to 0.96 from 1.34.
• Mission 20:20:20 
• Grow profits @ 20% CAGR over next 5 years
• 20% ROE
• 20% ROCE
• MF's hold 3.04% of Essel Propack as on June 2016.