Sah Polymer is an ISO 9001 certified company engaged in manufacturing and selling of Polypropylene (PP)/ High Density Polyethylene (HDPE) FIBC Bags, Woven Sacks,HDPE/PP woven fabrics.
They offer customised bulk packaging solutions to B2B manufacturers in Agro Pesticides Industry, Basic Drug Industry, Cement, Chemical, Fertilizer, Food Products, Textile, Ceramic Industry and Steel Industry.
The company is a Del Credere Associate cum Consignment Stockist of Indian Oil Corporation Limited and also operates as Dealer Operated Polymer Warehouse (DOPW) of Indian Oil Corporation Limited for their polymer division. They also undertake third-party orders to manufacture tape and fabric.
Strengths And Risks
+ Product Portfolio: : The company has evolved over years to include various product categories e.g.FIBC (Flexible Intermediate Bulk Containers), Container bag, PP woven & HDPE woven fabric, woven sacks, box bags, fabric rolls, flexible packaging, to serve wide customer segments.
+ Diverse Customer : Segments: The company serves B2B customer segments e.g. Agro Pesticides Industry, Basic Drug Industry, Cement Industry, Chemical Industry, Fertilizer Industry, Food ProductsIndustry, Textile Industry, Ceramic Industry and Steel Industry.
+ Geographic Spread: : Apart from domestic customers, they supply material in 14 countries which reduce the risk from one geography or industry.
+ Expansion Mode: :
The company is in expansion mode and funds raised would be used for setting new manufacturing facility for capacity expansion at Rajasthan.
- Capital Intensive Business: : The company operates in highly capital intensive business required for raw materials, consumables, spares and operating expenses. A shortfall in working capital can impact the business.
- Raw Material Supply: : The business depends on supply of raw materials, any drastic change in supply or price fluctuations can cause adverse impact on business.
- Pending Legal Cases: : There are pending litigation cases against the company’s promoters, directors and a negative outcome can impact the business and reputation.
- New Technology Risk: : The global awareness for reducing plastic pollution is a threat for packaging manufacturers as any change in regulation or development of alternate materials can damage the business.
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