Shilp Gravures

Shilp Gravures Limited opened its Unit-II manufacturing facility in Bengaluru, Karnataka, extending its gravure cylinder manufacturing presence into South India. The new unit lifted gravure cylinder capacity by more than 19% and housed advanced engraving and proofing equipment aimed at faster turnaround and on-ground technical support for regional customers. The company manufactured engraved gravure rollers for rotogravure and flexo printing, which accounted for about 90% of its standalone net revenue of about Rs 88 crore in FY26. Standalone purchases of property, plant and equipment were Rs 1,690 lakh in FY26 against Rs 356 lakh a year earlier. It held current mutual fund investments of Rs 2,709 lakh at end-March 2026 and its wholly owned Etone India subsidiary made gravure cylinders in West Bengal.

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Oct 5 (Reuters) - Shilp Gravures Ltd SHIP.NS:

• EXPANDS MANUFACTURING FOOTPRINT WITH NEW FACILITY IN BENGALURU

• NEW FACILITY TO INCREASE GRAVURE CYLINDER CAPACITY BY OVER 19%

Further company coverage: SHIP.NS

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Shilp Gravures' board approved a capacity expansion involving the purchase of plant and machinery and the establishment of a manufacturing facility in Karnataka. The company planned to invest around ₹5.71 crore in machinery and a further ₹1 crore in expenses and advances, with the facility capable of producing more than 18,000 gravure cylinders a year. The project was expected to commence during the financial year 2026-27 and was to be financed through internal accruals.

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Shilp Gravures Ltd. has temporarily suspended operations at its manufacturing plant in Rakanpur, Gujarat, after heavy rainfall caused flooding and severe waterlogging at the factory premises. The suspension took effect on July 24 as a precautionary measure to ensure employee safety. The company expects to progressively resume normal operations after dewatering, inspection, and restoration work are completed. The affected facility and its assets are covered under the company’s insurance policies, and a claim process has been initiated. The extent of damage to plant, machinery, and inventory is still being assessed, and the financial impact remains undetermined at this stage. The company pledged to provide further updates once more information is available.

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