At Ecosure Pulpmolding Technologies Pvt Ltd (EPTL), we’re leading the way in environmentally friendly packaging solutions. Ecosure is the First Indian Company Providing Turnkey Solutions To Produce 100% Compostable Fiber Pulp Molded Products. As India’s first and largest manufacturer of pulpmolding machinery, we take pride in our commitment to sustainability and innovation.

Incorporated in 2019, in Noida, Ecosure Pulp Molding is a leading designer and manufacturer of molded fiber manufacturing systems, working on the China+1 theme, where the machines are manufactured 100% in India.

● Ecosure operates via 3 operational plants and is involved in the manufacturing of 100% made in India 

Semi-automatic pulp molding machines & molds and

Fully automatic pulp molding machines & molds

● Ecosure offers turnkey solutions to replace single-use plastics with environmentally friendly, compostable chemical-free, fiber-pulp molded products.

● Ecosure offers an integrated set of solutions from installation to AMC.

Manufacturing Facilities

Ecosure operates three facilities in Noida, Indore, and Sitarganj with a combined production capacity of 25-30 machines per month.

• Noida: Focuses on manufacturing semi-automatic machinery.
• Indore: Specializes in fully-automatic machinery and is set to transform into a world-class molded fiber factory.
• Sitarganj: Produces semi-automatic machinery and tableware.
  Additionally, Ecosure has acquired land in the Dhar district, Madhya Pradesh, for establishing an R&D plant.

Operational Achievements

• Total Machines Delivered: 350
• Current Service Locations: 39
• Order Book Value: ₹105 crores, to be delivered by FY25.
• Revenue Target: Scaling production capacity to achieve ₹200 crores revenue by FY25.

 

Market Leadership

Ecosure holds a 90% market share in the pulp molding machinery segment, capitalizing on its early mover advantage in a market with limited competition. Strong product acceptance is driven by long-term contracts and high reliability.

Customer Base

Domestic Market: Accounts for 92% of FY24 revenue, with major clients including:

·        Satia Industries (India’s largest wood and agro-based paper plant)

·        Greenco Industries (Satna, MP)

·        Godavari Biorefineries Ltd (Karnataka)

·        Simplex Green Package (Chennai)

·        Oom Pulp Products LLP (Punjab)

Export Market: 8% of FY24 revenue, with clients like COPAR (Australia) ordering 10 fully-automatic thermoforming machines.

Raw Material Advantage

Ecosure sources 100% of its raw materials from within India, ensuring cost efficiency and uninterrupted production—especially as competitors face global supply chain constraints.

Expansion Strategy:

● The net proceeds from the IPO shall be utilized in capex to increase production capacity, aiding in achieving and bolstering the top line from ₹150 Cr in FY25 to ₹250 Cr by the end of FY26, with a bottom line ranging from ₹15 Cr to ₹30 Cr.

● Theraised funds are planned to be directed towards further investment in capex to expand production capacity by establishing a state-of-the-art greenfield R&D facility in Dhar district, Madhya Pradesh as well as developing the manufacturing facility in Noida, addressing the escalating demand, and fulfilling the order book value (primarily for fulfilling the export orders).

Innovative Projects

Ecosure is collaborating with the UP Government and CLRI on a Vegan Leather Project, utilizing Nanocrystalline cellulose and Feng Tai from rice straw, further emphasizing its focus on innovative and sustainable solutions.

Financial Highlights of Ecosure:

• The company has demonstrated significant growth across all financial metrics, with PAT increasing over 7 times and EBITDA improving over 5 times compared to FY 2023.
• The EPS and Book Value per Share have shown substantial increases, reflecting improved profitability and shareholder equity. Book Value/Share: Increased significantly by 504.48%, reflecting a robust enhancement in shareholder equity.

Financial Ratios 

• Net Profit Ratio: Increased from 0.02 to 0.16, indicating the company has significantly improved its ability to convert revenue into profit after covering all expenses. This reflects enhanced efficiency in managing costs and operations.
• Return on Capital Employed (ROCE): Improved from 0.30 to 0.74, showing that the company is utilizing its capital more effectively to generate higher pre-tax profits. This growth highlights efficient management of resources and better returns for investors.
• Earnings Per Share: Surged from 141.97 to 1165.25, indicating remarkable growth in shareholder value and profitability.

 As of March 31, 2024, the company has demonstrated significant growth and is projecting to achieve net revenue of approximately ₹110 crore in FY 2025, nearly double the revenue of FY 2024. Additionally, the company has undertaken various corporate actions during the year and is actively expanding its operations into the export sector, signaling a strategic focus on scaling and diversifying its business.

Domestic Vs Export Revenue:

Ecosure Business Overview:

• India’s 1st indigenously built fiber pulp molding machine manufacturing company for the World.
• 1st company to introduce one stop turnkey projects in industry
• 1st company to grow from a turnover of INR 1 crore to 50 crores within 4 financial years
• 1st Company to introduce made in India 1st fully automatic thermoforming machine

Ecosure Valued Clients: