Uflex is sticking to volume growth guidance of 20-25 percent, Rajesh Bhatia, group president and CFO, told CNBC-TV18.

The packaging company has seen its stock rally over 45 percent in 2021. The company had hinted at heightened input cost pressures in its second-quarter earnings presentation while maintaining that demand continues to be strong.

Bhatia further said that demand continues to be strong and the current utilisation level stands over 90 percent.

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According to him, raw materials remain a challenge outside India.

Talking about debt, he said that it stands at around Rs 4,000 crore. However, Rs 300-400 crore gets repaid every year.

For the entire management interview, watch the video