EPL, Uflex, TCPL hold FY27 growth view despite West Asia shock to raw material costs

Indian packaging majors EPL, Uflex and TCPL Packaging are sticking to upbeat FY27 guidance even as the West Asia crisis stokes raw material volatility and export disruption. Pass-through contracts covering ~50% of customers, ongoing capacity expansion and resilient domestic FMCG and personal care demand are cited as buffers.

— Source publishedSun, 7 Jun, 2026, 15:39 IST·First seen Sun, 7 Jun, 2026, 15:47 IST·Source The Hindu BusinessLine

What happened

EPL Ltd · Indian packaging firms EPL, Uflex and TCPL face raw material cost pressures and export disruptions from West Asia crisis but remain upbeat on FY27,

Key facts

  • 50% contractual customers

Why this matters

Indian flexible packaging players are demonstrating contract-driven margin durability, making them attractive bolt-on or partnership targets for global converters seeking insulated exposure to South Asian FMCG growth.