Leading Mid-Corporates of India 2023

56 | Leading Mid-Corporates of India 2023 [ PROFILE OF 2023 AWARD WINNERS - MID-CORPORATES ] www.thermopads.com Sector Category Management Details Engineering Products Mid-Corporate N.K Ghurka Founder & Director Thermopads Private Limited About the Company: Thermopads is established in 1979 and based out of Hyderabad. Company is a leading manufacturer of heating pads that provides unique & advanced heating solutions for domestic, commercial, & industrial applications. Business Operations: Company has three manufacturing facilities based out of Hyderabad and operates across manufacturing, product development and quality control. Exports accounted for ~88% of the total revenue and saw a growth of 40% during FY22. Europe (49%) and the Americas (45%) accounts for most of the company’s exports in FY22. Business Highlights Company has witnessed healthy topline growth between FY20-22; topline grew by 42% during FY22 The net profit of the company grew by ~57% during FY22 with net profit margins of ~25% Dun & Bradstreet D-U-N-S® No 65-013-9819 www.kanplas.com Sector Category Management Details Plastic & Rubber Products Mid-Corporate Manoj Agarwal Chairman & MD Kanpur Plastipack Limited About the Company: Established in 1971, Kanpur Plastipack Limited (KPL) is a fully integrated end-to-end industrial bulk packaging solution provider. Company is a leading manufacturer and exporter of flexible intermediate bulk containers, PP woven fabrics and multi filament yarn. Business Operations: Company is headquartered in Kanpur and has four manufacturing units. Exports contributes to about 67% of the total revenue in FY22. Company exports its product to more than 40 countries. Company further added a total of 23 new customers and three new geographical regions during FY22. Business Highlights Company has shown consistent increase in topline during FY20-22; increased by ~38% during FY22 Exports contributes two-third to total revenue for FY22 Dun & Bradstreet D-U-N-S® No 65-010-3385 www.newgensoft.com Sector Category Management Details IT & ITeS Mid-Corporate Diwakar Nigam Chairman & MD Newgen Software Technologies Limited About the Company: Established in 1992, Newgen is the leading provider of unified digital transformation platform with native process automation, content services & communicationmanagement capabilities. Business Operations: Company is headquartered at New Delhi with direct presence across 7 countries – India, USA, Canada, UK, Australia, Dubai, and Singapore and a has long-standing relations with more than 530 customers in over 69 countries. Exports accounted for ~ 67% of the total revenue with EMEA region and US accounting for majority of exports for FY22. Business Highlights Company’s topline grew by ~ 19% and net profit by ~ 33% during FY22 As of March 2022, the company had 23 patents granted in India and the US Dun & Bradstreet D-U-N-S® No 91-843-6726 Dun & Bradstreet