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Boss Packaging Solutions Ltd Stock performance
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KEY OBSERVATIONS

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noteAnnual Revenue,rose 26.31%, in the last year to ₹15.38 Cr. Its sector's average revenue growth for the last fiscal year was 12.03%.
noteAnnual Net Profit,rose 52.77% in the last year to ₹1.54 Cr. Its sector's average net profit growth for the last fiscal year was 25.49%.
notePrice to Earning Ratio,is 14.4, lower than its sector PE ratio of 55.
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Boss Packaging Solutions Limited was incorporated on January 10, 2012 as 'Boss Packaging Solutions Private Limited', a private limited company under the Companies Act, 1956, pursuant to a certificate of incorporation dated January 10, 2012, issued by the Registrar of Companies, Gujarat, Dadra and Nagar Havelli. Subsequently, the name of the company was changed from ‘Boss Packaging Solutions Private Limited’ to ‘Boss Packaging Solutions Limited’, pursuant to conversion from private to public company and a fresh certificate of incorporation dated August 10, 2023 issued by the Registrar of Companies, Ahmedabad, Gujarat.Boss Packaging Solutions manufactures, supplies, and exports a variety of packaging, capping, and filling machines. They also offer self-adhesive sticker labelling machines, conveyors, turntables, web sealers, and sleeve applicators. It has sales and distribution network in Pan India. The company has well-equipped machine manufacturing facilities along with registered office in Ahmedabad, Gujarat. From a single type equipment manufactured to facilitate filling and sticker labeling machine in 2012, it has expanded its equipment portfolio to wide range of packaging machines which includes a comprehensive range of packaging machinery such as, industrial packaging machines with Semi-Automatic or automatic Liquid Filling Machines, Semi-Automatic or Automatic Screw or ROPP Capping machine, Pick and Place Screw Capping Machines.Wide range of Self-Adhesive Sticker Labelling Machines, Hologram Applicator Machines, Shrink Sleeve Applicator Machine, Conveyors and Turn Tables, Air Jet Cleaning Machine, Semi-Automatic or automatic shrink-wrapping machines (Web Sealer), Electric Tunnels and Winder Re winder and customized atomization to cater to diverse customer requirements. The company sells these machines under its brand “Boss” and also under the brand of its customers i.e. as a white label. The company’s products find application in various end-use industries including edible oil, lubricants, chemicals, cosmetics, homecare, pharmaceuticals, viscous liquid, juices and dairy, agriculture and pesticides, food and ancillaries, cosmetic and toiletries, and distilleries and breweries.The company has developed own sales team and network for sourcing customers from pan India basis and for exports through merchant exporters. This network is also backed by an after-sales services team who provides its customer with access to maintenance services and spare parts and responds to a majority of its customer grievances. It also promotes the sales of spare parts for its equipment, and also addresses post-sales requirements of its customers. The company’s sales and support team are backed by team of engineers and quality experts that ensure all its products meet. It has developed in-house capabilities to deliver evolving technologies and continue to develop the design and drawing, understand the customer requirement, technical specification and their production packaging process.Business area of the companyThe company is a manufacturer, supplier and exporter of diversified packaging machines, self-adhesive sticker labelling machine, conveyors, turn tables, web sealers, electric tunnels, etc. Its products find application in various end-use industries including edible oil, lubricants, chemicals, cosmetics, homecare, pharmaceuticals, viscous liquid, juices and dairy, agriculture and pesticides, food and ancillaries, cosmetic and toiletries, and distilleries and breweries.Products of the companyLabelling machineAutomatic shrink sleeve applicatorCapping and sealing technologiesFilling technologiesShrink wrapping machineFull packaging lineHistory and milestonesJanuary 2012: Incorporated as Boss Packaging Solutions Private Limited.December 2014: The company changed its registered office from ‘24, Karnavati Estate-II, Ramol Chokdi, Phase IV, Vatva, Ahmedabad, Gujarat, India382445’ to ‘11-C, Survey No. 56/1/2/3, Ramdev Estate, Near Siddipura Estate, Opposite Ramol Mehmdabad Highway, VinZol Road, Ahmedabad, Gujarat 382445 India’.August 2023: The company converted to public limited Company pursuant to name change from ‘Boss Packaging Solutions Private Limited' to 'Boss Packaging Solutions Limited'.
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