APT Packaging Ltd, a division of Anil Chemicals And Industries Limited, is the leading manufacturer of Co-extruded Seamless Plastic tubes in India, holding over 50% market share since starting production in 1997.

Apt Packaging major competitors are Jyoti Global Plast, AMD Industries, Tokyo Plast Intnatl., Narmada MacplastDrop, Clara Industries, TPL India, Orient Press.
Market Cap of Apt Packaging is ₹83 Crs.
While the median market cap of its peers are ₹81 Crs.

Apt Packaging seems to be financially stable compared to its competitors.
The probability of it going bankrupt or facing a financial crunch seem to be lower than its immediate competitors.