The company will be able to do net profit margins at around 15% in FY19 along with 10% volume growth, said Rajesh Bhatia, Global CFO, Uflex.

The Bopet prices are very robust and there is headroom for further growth when compared with imported Bopet prices, he said.

The prices are currently around Rs 120 compared to Rs 110 per kilogram in the last quarter and has further room to rise by Rs 5-10/kg, he said.

"For FY19, the company is looking at a 10% volume growth but since most of the facilities are already operating at 100 plus capacity, the headroom for volume growth is limited unless one goes in for brownfield or debottlenecking," said Bhatia.

The other way to improve margins is through value addition, he added.

Talking about liquid packaging plant, the current capacity is 3.5 billion packs and the company will do around 1.5-2 billion pack, which will be around Rs 350 crore in revenue.