UFLEX Limited

rs,

imited Corporate Relationships Department 1st Floor, New Trading Ring, Rotunda Building, P J Towers, Dalal Street, Fort, Mumbai – 400001 Scrip Code : UFLEX Scrip Code : 500148 Subject: Updates o

11.7%

le building for the future. The quarter delivered growth in both sales volume and revenue, with an 11.7% year-on-year increase in sales volume in our packaging business and a 6.8% year-on-year increase i

6.8%

e and revenue, with an 11.7% year-on-year increase in sales volume in our packaging business and a 6.8% year-on-year increase in sales volume in our packaging films business. Our newly commissioned PET

70%

packaging films business. Our newly commissioned PET chips plant in Egypt achieved approximately 70% capacity utilization in its first full quarter of operations, thus ensuring raw material sufficien

97%

BOPET films business. Additionally, our PET chips plant in Panipat, India, achieved approximately 97% capacity utilization in Q1 FY26. Our 5 billion pack per annum brownfield expansion for aseptic pa

5 billion

T chips plant in Panipat, India, achieved approximately 97% capacity utilization in Q1 FY26. Our 5 billion pack per annum brownfield expansion for aseptic packaging at Sanand, 12 billion pack per annum gree

12 billion

on in Q1 FY26. Our 5 billion pack per annum brownfield expansion for aseptic packaging at Sanand, 12 billion pack per annum greenfield aseptic packaging plant in Egypt, 80 million unit per annum capacity WPP

80 million

septic packaging at Sanand, 12 billion pack per annum greenfield aseptic packaging plant in Egypt, 80 million unit per annum capacity WPP bags plant in Mexico, and 39,600 MTPA greenfield PET bottle and mixed

39,600 MT

aseptic packaging plant in Egypt, 80 million unit per annum capacity WPP bags plant in Mexico, and 39,600 MTPA greenfield PET bottle and mixed flexible waste recycling plant in Noida are all expected to be o

100%

pport a circular economy. Among these are FSSAI-compliant PCR-based films manufactured using up to 100% recycled PET, single-pellet solutions that combine 30% or more recycled PET with virgin PET, enabl

30%

t PCR-based films manufactured using up to 100% recycled PET, single-pellet solutions that combine 30% or more recycled PET with virgin PET, enabling the use of recycled PET in food and beverage packagi

1.55%

oftened, led by low double-digit decline in PET and low single-digit in PP prices. ➢ CPI eased to 1.55% in July 2025, while CFPI declined to - 1.76%, with the softening inflation expected to create posi

“➢ The project has an estimated cost of approximately USD 126 million (Rs.”

“4,850 million) has already incurred, and it is expected to be commissioned in FY26.”

“Egypt Woven Polypropylene (WPP) Plant: ➢ Setting up an 80 million-capacity WPP bag manufacturing plant to meet the growing demand for pet food packaging, to be commissioned in Mexico FY26.”

“➢ The project has an estimated outlay of USD 50 million (Rs.”

“India: USD = 85.54 Q1 FY26 8 Packaging Films Production Volume across Geographies Geographic % contribution to total packaging film production vol.”

“o o o Real GDP growth forecast of 6.5% unchanged in Q1FY26.”

“Inflation forecast cut to 3.1% (from 3.7%) for FY26; Rural demand continues to outpace urban, backed by lower food Despite some moderation in US-China tariff rates after renewed trade talks, inflation (CFPI) and favorable fiscal and monetary policies.”

“- 5 2 - r a M Large Excess 60% or more Excess 20%-59% Normal -19% to 19% Deficient -59% to 20% Above normal rainfall during the period Source: FMCG consumption growth and FMCG volume growth % in rural & Urban: NIQ, market intelligence ; CPI Food & CPI: MoSPI, Consumer non-durable growth: Estimates of IIP MoSPI; Rainfall status: IMD 17 Pricing Trends of Packaging Films and Related Commodities BOPP and BOPET prices firmed up in Q1 FY26 before easing.”

“From April 2023 onwards, ME Global prices are used for MEG; Note: Import duty, terminal handling charges, and local freight costs are not included in the price and will be added separately on this price.”

“Mn) and Margin 16.5% 11.9% 11.2% 11.6% 11.9% 12.0% 2 0 8 4 9 1 , 3 9 6 9 0 2 , 7 5 7 1 3 2 , 0 2 2 8 5 2 , , 2 5 1 6 6 2 1 1 4 4 7 , 0 7 1 8 6 , 6 1 5 6 6 , 6 9 0 8 7 , 5 5 7 0 2 , 4 5 5 6 4 , 6 0 2 7 5 , 0 6 6 7 , 7 9 7 6 , 8 1 6 7 , 1 0 7 7 , 7 8 2 9 , 3 8 4 2 , FY21 FY22 FY23 FY24 FY25 Q1FY26 FY21 FY22 FY23 FY24 FY25 Q1FY26 FY21 FY22 FY23 FY24 FY25 Q1FY26 PAT (Rs.”

Properties

2

Aseptic Packaging Facility

1

Shortfall in EPR Target are as Follows

1

Applications

1

Aseptic Packaging Facility

➢ To meet the growing demand for aseptic packaging in Egypt, Europe, the Middle East and East Africa, UFlex plans to commission an Aseptic packaging facility in Egypt with an annual capacity of 12 billion packs. ➢ The project has an estimated cost of approximately USD 126 million (Rs. 10,778 million), of which USD 56.7 million (Rs. 4,850 million) has already incurred, and it is expected to be commissioned in FY26. Egypt Woven Polypropylene (WPP) Plant: ➢ Setting up an 80 million-capacity WPP bag manufacturing plant to meet the growing demand for pet food packaging, to be commissioned in Mexico FY26. This plant will cater to the high-growth pet food market across North and South America. ➢ The project has an estimated outlay of USD 50 million (Rs. 4,222 million) of which USD 42.4 million (Rs. 3,627 million) has been incurred. India: USD = 85.54 Q1 FY26 8 Packaging Films Production Volume across Geographies Geographic % contribution to total packaging film production vol. Capacity, Produ

Shortfall in EPR Target are as Follows

1. Recycling 2. End of life Recycling 3. Mandated Use of Recycled Plastics EC to be Levied at INR 5,000/Ton, at INR 10,000/Ton for 2nd Time and INR 20,000/Ton for 3rd Time. EC can be Carried Forward up to 3 Years as per EPR Guidelines. 32 Sustainability: 'Project Plastic Fix’ Continues to Turn Waste into Wealth 185 mn (2,569 MT) PET Bottles Recycled in Q1FY25 222 mn (3,084 MT) PET Bottles Recycled in Q1FY26 2,027 MT of MLP waste recycled in Q1FY25 and 2,526 MT in Q1FY26 180,875 units in Q1FY25 and 140,259 units in Q1FY26 of Core Plug & Adapter manufactured from MLP waste 100+ Product Variants, 6 Facilities Operational Since 1995 Marching Towards a Greener and Sustainable Tomorrow PCR PET Bottle & MLP Recycling rPET Flakes PCR (rPET) Chips ASCLEPIUS 100% rPET Content film rMLP Granules rMoulding Products 1. Post-Consumer Recycled (PCR); 2. Recycled polyethylene terephthalate (rPET) 3. Multi-layered packaging plastic (MLP) 4. Polyethylene terephthalate(PET); 5. Metric Ton (MT) 33 Recycli

Properties

with Compatible nitrocellulose and polyvinyl butyrate resins; ideal for flexo inks. High solids for low- viscosity colors. Excellent to milk, resistance oil, freezing, superior with printability and anti-blocking. ▪ FLEXCOTE RE 2250 / 9081LE is a high-performance, two- component solvent-based PU adhesive semi-retort for packaging. It delivers strong chemical and heat resistance, ideal for aggressive or heat- processed products. ▪ Special Properties: Works with transparent, metallized, and foil laminates; Bonds well to SiOx/AlOx barrier films; Resists sterilization, boiling, and deep draw; High chemical durability flexo ▪ Next-Gen UV-LED Dual Cure for Ink Series designed narrow web label printing on hybrid presses with UV and UV-LED curing. Offers seamless adaptability and enhanced operational flexibility. ▪ Special Properties: High print fidelity, adhesion, and scratch resistance at high speeds; Compatible with papers, coated/uncoated films, and synthetics ; eco-friendly Supports print

Properties

(OTR/WVTR: Transparent in barrier 8.0); humidity; Flex-crack resistant (100+ cycles); Ideal for see- through packaging White Voided Both Sides treated Sealable BOPP Film ▪ B-PHT is a high-yield, white voided BOPP film featuring heat sealability and surface treatment on both sides. ▪ Special Properties: Excellent opacity, Good aesthetics, Controlled slip & antistatic, Very high yield ▪ End Use

Applications

Snacks and confectionary, Biscuits, and crackers cookies, ▪ End Use Applications: Frozen, dried, fresh, baked, and dairy foods 39 Business at a Glance ➢ An overview ➢ Journey so far ➢ Customer relationship ➢ One stop shop for packaging solutions An Overview Rich Legacy of 40 Years in Providing Packaging Solutions to our Partners 1985 Established 5000+ Customer Base Presence Across 150+ Countries 17 Manufacturing Units 1,313,510 MTPA1 Global Capacity* 10,000+ Workforce 7bn+ Aseptic Liquid Packs Capacity 300 mn+ Tubes Capacity 1,090 mn+ Pouch Capacity 74,317 MTPA Recycling Capacity 5.4 bn+ PCR PET2 Bottles Recycled 69,730 MTPA Chemicals Capacity *Note: The total capacity of 1.3 million+ MTPA includes resins at 427,020 MTPA (vPET Chips 384,000 + rPET Chips 43,020), base films at 636,160 MTPA, inks and adhesives at 69,730 MTPA, holography at 20,600 MTPA, flexible packaging at 100,000 MTPA, and aseptic liquid packaging at 60,000 MTPA.; The 31,297 MTPA MLP and moulding recycling capacity is