Bulkcorp International Limited — Updates, 15-11-2024: Press Release

**Financial Highlights:** Bulkcorp International Limited reported remarkable financial performance for the half year, with revenue reaching ₹2,614.67 cr, up by 48.53% year-on-year. EBITDA increased by 51.27% to ₹289.33 cr, while Profit Before Tax (PBT) rose by 44.84% to ₹209.32 cr. Profit After Tax (PAT) surged by 29.86% to ₹139.16 cr, indicating strong operational efficiency and profitability.

**Strategic Initiatives and Growth Drivers:** The company remains focused on future growth opportunities. With an increase in the installed capacity from 4,800 MTPA to 6,000 MTPA, Bulkcorp is enhancing production capabilities. Additionally, a proposed solar power plant with 500 KWP capacity is set to further energy efficiency and sustainability, with an investment of ₹218 cr.

**Business Developments:** As of September 30, Bulkcorp boasts an order book valued at approximately ₹3,500 cr and is capitalizing on the growing demand for Flexible Intermediate Bulk Containers (FIBCs), which is part of a global market projected to grow significantly in the coming years.

**Market Position and Competitive Advantage:** As one of India's leading FIBC exporters, Bulkcorp's strategic initiatives position it well within the growing global market, presenting a positive outlook for sustained growth.

**Investor Implications:** Investors should watch closely as Bulkcorp's solid growth metrics and strategic operational enhancements position it for significant value creation in the expanding FIBC market.