Hindustan Tin Works expect to cross Rs 300 crore topline in FY18

Hindustan Tin Works has gained about 25 percent in the last 3 months. It's a 58 year old company. They are leader in metal packaging segment and some of their key clients include Asian Paints, Cadbury, Nestle, Wockhardt.

In an interview to CNBC-TV18, Sanjay Bhatia, MD of the company spoke about the latest happenings in the company and his outlook going ahead.

Bhatia said metal packaging is an important packaging and its part of the overall packaging industry.

"There has been sudden increase in steel prices and tin plate prices in particular were increase and we could not pass on the increase in the market," said Bhatia.

He further said that most of the sales are to the organised sector and about 20-25 percent is export as well.

We hope to cross around Rs 300-325 crore at the topline in FY18, he added.

Watch accompanying video for more details.