Pakka is trying to manufacture bio-degradable Maggi wrappers / chocolate wrappers / shampoo wrappers / etc other bio degradable packaging.
In their analyst meet at Mumbai they even confirmed that Chocolate wrapper is in advance stages of beta testing/launch.
To one of the question that if there is demand for such thing…Ved replied that they went to Unilever for shampoo wrappers , their first question was Can you manufacture it on large scale?
Unilever needs 16000 tonnes of shampoo wrappers annually… Thats the scale they operate.
Ved also mentioned that they are in process of getting patents…
Imagine even one revolutionary product kicks in and you will see the magic on PnL.
Other thing… they are expanding in Guatemala…
Manufacture in Guatemala and sell in America!! margins margins margins…
They are diluting the stake in Guatemala subsidiary… That subsidiary will be valued around 300-400 million dollars…
They are diluting stakes and infusing technology for manufacturing in return they are getting 100-200 million dollars.(assume 50% dilution)
Just calculate if subsidiary is valued so much atleast it should also show in parent companies valuation.
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