Mamata Machinery Ltd - Stock Valuation and Financial Performance

Mamata Machinery Limited was incorporated as ‘Patel Machinery Private Limited’, as a private limited company under the Companies Act, 1956, pursuant to a certificate of incorporation dated April 17, 1979 issued by the RoC. Pursuant to a special resolution passed by the shareholders of the company dated September 19, 1988, the name of the company was changed to ‘Mamata Machinery Private Limited’, and the company received a fresh certificate of incorporation dated December 16, 1988 issued by the RoC. Subsequently, the company was converted into a public limited company, pursuant to a special resolution passed by the shareholders of the company dated June 5, 2024 and the name of the company was changed to ‘Mamata Machinery Limited’ and a fresh certificate of incorporation dated June 21, 2024 was issued by the RoC.

The company manufactures and exports plastic bags and pouch making machines, packaging machines and extrusion equipment. It provides end-to-end manufacturing solutions for the packaging industry. Products manufactured using its machines are used across several industries as packaging applications, such as the packing of food and FMCG products. It primarily sells its packaging machinery to direct consumer brands catering to the FMCG, Food, & Beverage Industry and bag and pouch making machines to convertors and service providers who, in turn, mainly catering the FMCG and consumer industry. The company’s machineries are also utilised in non-packaging applications, such as e-commerce bags and garment packaging bags. It consistently endeavour to expand its product offerings and solutions to its customers. The company also provides after-sales service to its customers. As part of its focus on innovation, it has launched new and advanced machines from time to time.

The company’s operations are supported by its manufacturing technology training centre, where it trains individuals to cater to its internal requirements for a skilled workforce. Customers have consistently recognized it for the high quality of the products it supplies. Further, its manufacturing facility is also certified for international quality management systems ISO 9001:2015 for the design, manufacture, installation and service of (i) Plastic bag-making machines & their attachments; (ii) Pouch making machines & their attachments; and (iii) Sachet packaging machines & their attachments, which ensures high-quality standards are maintained.

Business area of the company

The company manufactures and exports plastic bags and pouch making machines, packaging machines and extrusion equipment.

Products and solutions of the company

Bag and pouch making machines

• Side and bottom seal bag makers
• Universal machines
• Servo wicketers
• Center seal and three side seal pouch makers
• Stand-up Zipper & In-line spout makers
• Vega Plus and flat bottom pouch making system

Packaging machinery

• HFFS pouch machines
• Pick-Fill-Seal (PFS) machines
• Multi-lane sachet packaging machine
• Vertical Form Fill Seal (VFFS) machines

Co-Extrusion blown film machinery and attachments

• Mono and 3-layer film lines
• 5- and 7-layer lines

Awards, accreditations and recognition

• 2006: Certificate of excellence in productivity, quality, innovation and management by the Institute of Economic Studies (IES).
• 2010: Silver trophy for top exporter in micro enterprise category in engineering exports from Engineering Export Promotion Council of India, Western Region.
• 2011: Gold trophy for top exporter in micro enterprise category in engineering exports from Engineering Export Promotion Council of India, Western Region.
• 2012: Silver trophy for top exporter in micro enterprise category in engineering exports from Engineering Export Promotion Council of India, Western Region.
• 2015: Award for export excellence in miscellaneous special purpose machinery in the small enterprise category from Engineering Export Promotion Council of India.
• 2017: Award for export excellence in miscellaneous special purpose machinery in the small enterprise category from Engineering Export Promotion Council of India, Western Region.
• 2017: Pick fill seal machine model PFS 260 awarded PACMACHINE 2017 by the Indian Institute of Packaging.
• 2019 to 2023: The Best Plastics and Polymers Brands Award by Economic Times.

History and milestones

• 1989: Started commercial operation as a manufacturer of microprocessor-controlled bag making machines.
• 1991: Introduced servo technology.
• 1992: Entered exports market.
• 1997: Entered plastic extrusion business.
• 2003: Incorporated wholly owned foreign subsidiary, Mamata Enterprises Inc for operation in USA.
• 2022: Introduced secondary packaging automation.
• 2022: Introduced vertical form fill seal (VFFS) machine.