XPRO India Limited (XPROINDIA) Price & Analysis

Xpro India Limited, established in 1997 and based in Faridabad, India, manufactures and distributes polymer products, primarily serving the Indian market but also engaging in exports. The company operated as Biax Films Limited until its renaming in September 1998. Its diverse product portfolio encompasses bi-axially oriented polypropylene (BOPP) films, extensively used for packaging a wide array of goods including adhesive tapes, bakery and biscuit products, cigarette overwraps, confectionery, metalized items, potato chips, print laminations, processed foods, salted snacks, and general supermarket provisions. The company also produces specialty coextruded cast films. These include stretch wrap films for palletization and food bundling, soft blister films for medical disposable packaging, and release films vital for the rubber, tire, and conveyor belting sectors. Additionally, Xpro India offers cast polypropylene (CPP) films for packaging, lamination, and stationery, alongside hygiene films utilized in diaper backing, sanitary napkins, and surgical drapes. Furthermore, Xpro India supplies mono-layer and coextruded plastic sheets. These sheets find application in components such as refrigerator door and cabinet liners, luggage shells, automotive floorings, trims, and panels, disposable cups, stationery containers (e.g., files and folders), and various industrial thermoforming uses including furniture, packaging, and bathroom cabinets. A significant offering is dielectric films, which are critical for capacitors across numerous applications like power transmission and distribution, motor run functions, power film/electronic devices, magnetic lighting ballasts, microwave ovens, low voltage industrial power factor correction, AC and pulse films, interference suppression, and hybrid car capacitors, as well as broader energy storage solutions. Finally, the company manufactures thermoformed liners. These are incorporated into refrigerator inner and door liners, automotive interior and exterior trims, furniture, luggage shells, sanitary products, electrical/electronic housings, and industrial trays for material handling, among other uses.