Company Overview

Ahimsa Industries Limited was incorporated as Ahimsa Industries Private Limited on January 24, 1996, in Ahmedabad and later converted to a public limited company on May 25, 2015. The company has established itself as one of the leading PET Preforms manufacturers, producing PET preforms on world-class Husky H-PET injection molding machines using brand new Husky molds.

Since its foundation, the production of PET packaging in the form of preforms and bottles has been the core business of Ahimsa. The preforms are blown into bottles by Ahimsa or by the customer, and then filled with water, soft drinks, edible oils, ketchup, milk, fruit juices, etc. The company operates under the registered office address at 160 Devraj Industrial park, Piplaj Pirana Road Piplaj, Ahmedabad, Gujarat-380051.

Business Operations and Products

The company manufactures PET Preforms under brand name Greenpet, which are used in Still Water, Sparkling Water, CSD, Edible Oil, Liquors, Juices, Pharma, Dairy, etc. These Preforms are available in a variety of neck & weight categories with a conversion capacity of 7-8 lac preforms per day. The Company exports these preforms to the USA and other countries, with a conversion capacity of 78 lac preforms per day and a turnover of around USD 4 million.

Beyond PET preforms, the company provides project consultancy services and manufactures and sells plastic injection, compression, investment die casting, blow, pail, paint, and pressure die casting moulds, as well as plastic processing machinery. The company also manufactures flavours and fragrances and offers turnkey solutions, and engineering parts/components.

Some of the neck types include:

- 28 Alaska

- 28 PCO 1881 Short Neck

- 28 PCO 1810

- CTC 29/21 Neck

- 38mm Neck

- 2 thread (H176a) for dairy industry

- 29/25 Neck

- 30/25 Neck

Its cap products include caps for chemical systems division (CSD)/soft drinks, caps for water and caps for warm fill juices.

Market Performance and Financial Highlights

#### Stock Performance

Ahimsa Industries Ltd has a market capitalisation of ₹12 Cr as of 13-Mar-2025. The company has given a return of 42.58% in the last 1 year. However, over the past 6 months, the Ahimsa Industries share price has decreased by 33.83%.

The stock has shown significant volatility with a 52-week high share price of Rs 74.60 and a 52-week low share price of Rs 15.10. Key financial ratios as of March 13, 2025, include:

- P/E Ratio: 0.00 as of Mar 13, 2025

- P/B Ratio: 1.06 as of Mar 13, 2025

- Book Value: ₹21.6

- EPS: -2.87

#### Financial Performance

Ahimsa Industries has an operating revenue of Rs. 48.00 Cr. on a trailing 12-month basis. The company's financial metrics indicate areas for improvement, with an annual revenue de-growth of -27%, Pre-tax margin of -7%, and ROE of -7%. TTM profit after tax of Ahimsa Industries Ltd was ₹-1 Cr.

The total asset value of Ahimsa Industries Ltd stood at ₹17 Cr as on 31-Mar-24. On a positive note, the company has a reasonable debt to equity of 3%, which signals a healthy balance sheet.

Management and Shareholding Pattern

The promoters of Ahimsa Industries Ltd are ASHUTOSH GANDHI and SNEHA ASHUTOSH GANDHI. They collectively own 51 per cent of the total equity. The chairman of the company is Ashutosh Damubhai Gandhi. There is no promoter pledging in Ahimsa Industries Ltd.

Key changes to the Ahimsa Industries Ltd shareholding show that promoter holding has gone down to 51.03 per cent as of Dec 2024 from 69.61 per cent as of Sep 2023. This indicates a dilution in promoter holdings over the recent period.

Recent Corporate Developments

The company has been active with several corporate announcements in 2025.

- On 4 April 2025, Ahimsa Industries Limited informed regarding change in Registered Office of the company.

- On 28 March 2025, the company informed regarding the Trading Window closure pursuant to SEBI regulations.

- On 19 February 2025, there were changes in Directors/Key Managerial Personnel with the appointment of Mr. Mehul Pitroda.

Export Operations and Global Reach

The company exports preform to the United States and many other countries and also exports beverage, confectionary turnkey projects and engineering components to African and many other countries. This international presence demonstrates the company's capability to compete in global markets and diversify its revenue streams beyond the domestic market.

Ahimsa Industries operates in the plastics products sector, specifically focusing on PET preforms and related packaging solutions. While the company faces challenges with recent financial performance showing negative growth and margins, its established manufacturing capabilities, export operations, and strong balance sheet position it as a specialized player in the Indian packaging industry.