About AGI Greenpac Limited

AGI Greenpac Limited traces its origins to 1981, when it acquired Associated Glass Industries Limited, marking its entry into glass manufacturing. Over the decades, the company has evolved into a leading provider of sustainable packaging solutions, offering glass containers, specialty glass, PET bottles, and counterfeit-resistant security closures. With more than 40 years of industry expertise and over 500 institutional clients, AGI Greenpac operates seven state-of-the-art manufacturing plants strategically located across Telangana, Uttarakhand, and Karnataka.

The company’s portfolio is spread across three major verticals: AGI Glaspac, focused on container and specialty glass; AGI Clozures, specialising in security caps and closures; and AGI Plastek, manufacturing PET bottles and sanitaryware products. In addition, AGI has forayed into the B2C space with brands like Sand Dunes and GreenDrop. The organisation also launched Tattva, its corporate venture capital arm, to support start-ups in deep-tech manufacturing, SaaS, clean technologies, and e-commerce innovations.

AGI’s business model is rooted in innovation, sustainability, and customer-centricity. It emphasises circular economy practices, extensive use of cullet recycling, and advanced R&D capabilities, supported by modern decoration units for high-end packaging solutions.

AGI Greenpac Limited’s Business Segments

AGI Greenpac operates three major segments:

• AGI Glaspac: India’s most profitable glass packaging business with three plants and a capacity exceeding 2,000 tonnes per day. It serves alcoholic and non-alcoholic beverages, food, pharmaceuticals, cosmetics, and perfumery. In FY 2024-25, revenue mix was 76% alcoholic beverages, 17% pharmaceuticals, and 7% food and beverages.

• AGI Clozures: A pioneer in counterfeit-resistant security caps and closures, primarily serving alco-bev, pharmaceuticals, and cosmetics industries. It has an annual production capacity of 1,154 million pieces.

• AGI Plastek: Manufacturer of PET packaging bottles, HDPE and PP products, and sanitaryware. With three plants and a capacity of 11,892 tonnes per annum, it serves soft drinks, water, edible oils, personal care, dairy, and agrochemicals.

Exports are supported by the UAE-based subsidiary, Sun Reach Pack (FZE), established to strengthen global engagement.

AGI Greenpac Limited Key Management

• Sandip Somany – Chairman and Managing Director

• Ompal – Company Secretary & Compliance Officer

Latest Updates on AGI Greenpac Limited

FY 2024-25 was AGI Greenpac’s best-ever performance, with income of Rs 2,604 crore, EBITDA of Rs 689 crore, and PAT of Rs 322 crore. Notable developments include:

• Commissioning of the IGBC Platinum-rated specialty glass plant at Bhongir, Telangana.

• Announcement of a Rs 700 crore greenfield facility in Madhya Pradesh with a 500 TPD capacity, boosting overall output by ~25% and creating 1,000 jobs.

• Development of 422 new product designs, of which 154 were commercialised.

• Foray into India’s first domestically produced T-corks and stoppers.

• Expansion of solar energy capacity to 19.56 MW and enhancement of Zero Liquid Discharge (ZLD) systems.

• Awards such as Best Brand 2024 (ET Edge), Fastest Decarbonising Packaging Products Company of the Year 2024 (Suryacon Awards), and Great Place to Work® certification for the fourth consecutive year.