Cool Caps Industries Ltd is a leading exporter and manufacturer in the plastic and packaging space in Eastern India. It was incorporated in 2017, with its headquarters in Kolkata, West Bengal. For the FY 2021-2022, the company’s total revenue was Rs. 54.22 crore. The profit after tax was Rs. 4.62 crore. The company’s market capitalisation on 16 June 2022 was valued at Rs. 119 crore.
Cool Caps’ share is listed on the National Stock Exchange with the code COOLCAPS. It is not listed on the Bombay Stock Exchange.
Cool Caps Industries divides its product range into flexible and rigid packaging. The flexible packaging category focuses on inks, adhesives, PET, BOPP, CPP, LDPE Film, and slitting facilities to offer customised sizes. The rigid packaging section focuses on 20-litre jar caps, CSD 2 pc caps, and mineral water 27 mm Alaska caps. The company’s facilities are spread across Kotdwar, Uttarakhand and Kolkata, West Bengal.
For the year ending 31 March 2021, the company spent 6.02% of its operating revenues on interest expenses and 2.7% on employee costs. The company’s balance sheet shows total assets at the closing of the FY 2020-2021 were worth Rs. 49.96 crore. The value of current assets was Rs. 21.58 crore, and the value of non-current assets was Rs. 28.38 crore.
On 31 March 2022, Cool Caps Industries’ shareholding pattern showed a 73.53% promoter stake and a 26.47% public stake. Amongst the promoters, Purv Flexipack Pvt. Ltd., the parent company of Cool Caps Industries, held the highest stake of 61.33%.
The company’s CEO is Mr Vanshay Goenka, and Mr Rajeev Goenka is the Chairman & Managing Director. Mr Arun Gourisaria, Ms Poonam Goenka, Mr Mohit Dujari, Mr Sanjay Kumar Vyas, Mr Jai Prakash Shaw, and Mr Arijit Ghosh are the directors of the company. The auditors are Keyur Shah & Co.
On 16 June 2022, Cool Caps’ share price on NSE was trending at Rs. 103.55. The 52-week high for Cool Caps Industries’ share price was Rs. 108.00, and the 52-week low was Rs. 34.15.
The company’s peers within the plastic products sector include Supreme Industries Ltd., Nilkamal Ltd., Time Technoplast Ltd., Xpro India Ltd., and Mold-Tek Packaging Ltd.
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