Global Pet Industries is a manufacturer of the machines that make plastic bottles - the kind you see everywhere, from water and soft drinks to shampoo and medicine. The business was built over four decades of the founder’s hands-on experience in blow-moulding, starting with a proprietary venture in 2006 and incorporating as a public company in 2013 before listing on the NSE’s SME platform in 2023. Its recurring approach is simple: design and sell the capital equipment itself, keep the technology in-house, and export roughly two out of every five machines to over 40 countries. # Business segments A single engine - the design, manufacture and sale of PET stretch blow-moulding machines - serving beverage, pharmaceutical, personal-care and edible-oil customers across India and more than 40 export markets. ## 1. PET stretch blow-moulding machines: the capital equipment behind every lightweight plastic bottle **The company makes the machinery that turns small plastic preforms into finished bottles, selling fully automatic, semi-automatic and budget-friendly models to a global customer base from a single factory complex near Mumbai.** - **Two-stage process, one machine** - in stretch blow-moulding, a preform (a test-tube-shaped piece of PET plastic) is first heated and then stretched and blown into a bottle inside a mould; the company’s machines handle both stages, and because they are “two-stage” equipment, customers can run preform production and bottle blowing separately, giving them flexibility that suits everything from high-speed beverage lines to shorter pharmaceutical runs. - **A range built around speed and budget** - the product line is organised into four families: the Fully Automatic series for high-growth applications, the Semi-Automatic series for steady demand, the Eco Series as the affordable volume core, and the All-Electric Servo Series as the higher-speed, future-oriented tier. The 3-Cavity Eco Series alone sold more than 100 units in a twelve-month period, making it the fastest-selling and most budget-friendly machine in the catalogue. - **Swiss valves and an air-recycling trick** - each machine uses a Switzerland-made high-pressure Seitz blowing valve paired with an “Air Restoration System” that captures exhaust air from the high-pressure tank and feeds it into a recovery tank; this cuts low-pressure air consumption by 40%, so the machine needs no separate low-pressure air supply and the reclaimed air can even run downstream capping and filling equipment. - **Exports are not an afterthought** - roughly 40% of machines are shipped to over 40 countries, with the food-and-beverage industry as the largest end-use globally, followed by water packaging. China accounts for about 40% of the worldwide market for these machines, while North America and Europe each hold more than 25%, giving the company a wide addressable geography beyond India. - **A new factory roof, five times the old footprint** - manufacturing was long based in a multi-unit space at Karishma Industrial Estate in Waliv, Vasai (East), Palghar, Maharashtra, but in March 2026 the company received the full occupancy certificate for a new 5,024-square-metre built-up facility at Pelhar, designed to lift annual production capacity by roughly 40-50% and to house design, quality control, sales, service and a live demonstration area under one roof. # Group structure and partners **A standalone, promoter-led company with no subsidiaries or joint ventures, where the founding family still holds the reins and the only acquisition attempt - a related-party spare-parts business - was called off before completion.** - **No corporate layers** - the company has no subsidiaries, joint ventures or associate companies; it is a single listed entity on the NSE Emerge platform, so all operations, assets and cash flows sit inside one legal box. - **Founder family at the centre** - the three promoters are Mr. Bipin Nanubhai Panchal (Managing Director), his wife Mrs. Nisha Bipin Panchal (Whole-time Director) and their daughter Ms. Harmi Bipin Panchal (Non-Executive Director); as of mid-2023 they collectively held 72% of the shares, down from over 98% before the IPO. - **A related-party deal that didn’t happen** - in November 2024 the board approved buying M/s. Sai Pet Engineering, a spare-parts trading proprietorship owned by Mrs. Nisha Bipin Panchal, for ₹1 crore in cash on a slump-sale basis; six months later the board rescinded the resolution, citing a reassessment of operational priorities, so the acquisition never closed. - **Rent paid to directors** - the company leases properties from its promoters and their Hindu Undivided Family, and it has sold goods to a director’s proprietorship in the ordinary course of business, making related-party transactions a recurring feature of its cost structure.