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ICICI Direct Report
Kabra Extrusion Technik Ltd., incorporated in 1982, is India's prominent player (~40% market share) in the organised plastic extrusion machinery used for manufacturing pipes, profiles and films. It is primarily a capex linked product.
In the plastic extrusion machinery domain, Kabra Extrusion Technik's clientele includes Astral Ltd., Supreme Industries Ltd., Prince Pipes and Fittings Ltd., Finolex Industries Ltd. among others. It has more than 14,000 machine installations worldwide.
In the Battrixx domain, its present capacity is pegged at ~1 lakh units, with capex spend for the same at ~Rs 65-70 crore.
It serves the electric two-wheeler space with capabilities being developed for the three-wheeler, passenger vehicle and commercial vehicle domain.
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