MarketFriction

B & A Packaging India Ltd

BSE 523186 · Packaging
₹196.40 -4.61%
BSE close2026-09-30
Market cap₹103 Cr.
P/E13.2

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Standalone, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales35.5233.3128.8334.4735.8531.5629.1134.8840.8033.3133.2041.94
Expenses28.7230.1725.2529.5331.5228.8526.8232.5235.9731.9930.6037.94
Operating Profit6.803.143.584.944.332.712.292.364.831.322.604.00
OPM %19.14%9.43%12.42%14.33%12.08%8.59%7.87%6.77%11.84%3.96%7.83%9.54%
Other Income0.210.200.320.500.380.680.200.520.500.280.350.33
Interest0.200.130.010.110.020.020.320.090.500.030.080.19
Depreciation0.450.460.480.460.470.470.490.480.530.550.590.75
Profit before tax6.362.753.414.874.222.901.682.314.301.022.283.39
Tax %29.09%29.09%-2.93%29.16%29.15%28.97%20.24%25.54%26.05%-9.80%53.95%28.61%
Net Profit4.501.953.513.452.992.051.341.723.181.111.062.41
EPS in Rs9.073.937.086.956.034.132.703.476.412.242.144.86
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales475368717597128132129131142149
Expenses404557626381112116113116130136
Operating Profit7810101217161616151213
OPM %15%15%15%14%16%17%12%12%13%12%8%9%
Other Income100112111111
Interest222211111011
Depreciation111111122222
Profit before tax56871016141415141011
Tax %36%31%37%33%23%35%35%38%22%28%29%
Net Profit345581198111078
EPS in Rs6.297.589.689.6815.1821.2118.3916.9923.0819.8214.2315.65
Dividend Payout %8%7%5%5%0%0%8%9%9%5%7%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth12%8%3%14%
Compounded Profit Growth9%-8%-6%-4%
Stock Price CAGR%-3%2%-7%
Return on Equity16%13%12%8%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital555555555555
Reserves81115192431425158697884
Borrowings151312121261313113219
Other Liabilities10911181814161821151925
Total Liabilities38394354595675869592104133
Fixed Assets151616161717191925252641
CWIP001110020153
Investments000000000000
Other Assets232326374139576570667289
Total Assets38394354595675869592104133
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity2345380911218-1
Cash from Investing Activity-1-2-2-2-2-1-4-10-5-13-1-17
Cash from Financing Activity-1-2-2-2-2-2-1-1-3-3-216
Net Cash Flow0-001-16-4-2355-3
Free Cash Flow112318-304171-23
CFO/OP41%56%74%65%49%103%34%87%101%158%83%10%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days718476767082836761646173
Inventory Days124109134151185143157120160117158177
Days Payable857275978262604759376078
Cash Conversion Cycle111122136130173163180140162144159171
Working Capital Days1525425474103103100107103117121
ROCE %22%24%25%28%24%27%34%24%21%20%18%11%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters74.39%72.37%72.37%72.37%72.37%72.36%72.36%72.36%72.36%72.36%72.36%72.36%
FIIs0.00%0.00%0.00%0.00%0.37%0.37%0.37%0.37%0.37%0.37%0.37%0.37%
Public25.61%27.63%27.64%27.63%27.26%27.26%27.26%27.26%27.26%27.26%27.26%27.26%
No. of Shareholders4,1242,9412,8732,8403,0372,9822,9632,9142,9442,7042,6862,638

Fundamentals

Market Cap₹ 103 Cr.
Current Price₹ 207
Stock P/E13.2
Book Value₹ 180
ROCE11.0 %
ROE8.24 %
Dividend Yield0.50 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)14%
Compounded Profit Growth (TTM)-4%
Standalone figures.
Valuation
Market capRs 98 Cr
Enterprise valueRs 113 Cr
P/E (TTM)12.65x
Price to book1.10x
Price to sales0.66x
EV / EBITDA7.94x
EV / EBIT9.57x
EV / sales0.76x
Earnings yield7.90%
Dividend yield0.51%
P/E, 3-year average11.60x
P/B, 3-year average1.34x
P/E, 5-year average11.24x
P/B, 5-year average1.44x
Profitability
Operating margin (excl. other income)8.45%
Operating margin (incl. other income)8.97%
EBITDA margin9.52%
Pre-tax margin7.36%
Net profit margin5.20%
Net margin, latest quarter5.75%
ROE8.21%
ROCE11.00%
ROA5.96%
ROE, 3-year average12.48%
ROCE, 3-year average16.29%
ROA, 3-year average9.41%
ROE, 5-year average13.90%
ROCE, 5-year average18.75%
ROA, 5-year average9.76%
ROIC (approx.)8.09%
Tax rate28.59%
Other income / net worth0.83%
Growth
Sales growth (latest year)8.55%
Profit growth (latest year)-28.18%
Sales CAGR, 3 years2.64%
Sales CAGR, 5 years7.86%
Profit CAGR, 3 years-5.74%
Profit CAGR, 5 years-7.67%
Sales growth QoQ26.33%
Profit growth QoQ127.36%
Sales growth YoY (latest quarter)20.24%
Profit growth YoY (latest quarter)40.12%
Per share
EPS (TTM)Rs 15.52
EPS (latest year)Rs 14.12
EPS (latest quarter)Rs 4.82
EPS, 3-year averageRs 18.89
EPS, 5-year averageRs 18.36
Book value per shareRs 178.76
Sales per shareRs 298.50
Cash flow per shareRs -1.98
Free cash flow per shareRs -46.00
Dividend per share (latest year)Rs 1.00
Dividend per share, 3-year averageRs 1.33
Dividend per share, 5-year averageRs 1.40
Dividends
Dividend payout7.08%
Dividend payout, 3-year average6.97%
Dividend payout, 5-year average7.60%
Efficiency
Asset turnover1.07x
Fixed asset turnover3.43x
Inventory turnover2.22x
Inventory days164 days
Debtor days73 days
Debtors turnover5.00x
Creditor days78 days
Cash conversion cycle171 days
Working capital days121 days
Leverage
Total debtRs 19 Cr
Cash and bankRs 4 Cr
Net debtRs 15 Cr
Debt to equity0.21x
Net debt / EBITDA1.03x
Interest coverage14.74x
Owners' fund to total sources67.04%
Debt to assets14.03%
Cash flow
Cash from Operating Activity (latest year)Rs -1 Cr
Cash from Investing Activity (latest year)Rs -17 Cr
Cash from Financing Activity (latest year)Rs 16 Cr
Net Cash Flow (latest year)Rs -3 Cr
Free cash flow (latest year)Rs -23 Cr
FCFE (approx.: FCF + change in debt)Rs -6 Cr
Cash from ops / profit, 5 years1.07x
Statement figures
Net sales (TTM)Rs 149 Cr
Net sales (latest year)Rs 142 Cr
Sales (latest quarter)Rs 42 Cr
Operating profit excl. other income (latest year)Rs 12 Cr
Operating profit (latest quarter)Rs 4 Cr
Other income (TTM)Rs 1 Cr
EBITDA (TTM)Rs 14 Cr
PBDT (TTM)Rs 13 Cr
Profit before tax (TTM)Rs 11 Cr
Tax (latest year)Rs 3 Cr
Net profit (TTM)Rs 8 Cr
Net profit (latest year)Rs 7 Cr
Net profit (latest quarter)Rs 2 Cr
Depreciation (TTM)Rs 2 Cr
Depreciation (latest quarter)Rs 1 Cr
Interest (TTM)Rs 1 Cr
Cost of goods sold (latest year)Rs 98 Cr
Total expenditure (latest year)Rs 130 Cr
Total income (latest year)Rs 143 Cr
Share capitalRs 5 Cr
ReservesRs 84 Cr
Shareholders' fundsRs 89 Cr
Total assetsRs 133 Cr
Net blockRs 41 Cr
Capital work in progressRs 3 Cr
ReceivablesRs 28 Cr
InventoryRs 44 Cr
Other liabilitiesRs 25 Cr
Shares outstanding (crore)0.50
Ownership
Promoter holding72.36% (+0.00 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/E 12.7 is at the 65th percentile of its own 6.5-year range (median 11.4, low 0.2, high 21.8).
P/B 1.10 is at the 26th percentile (median 1.66).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
Period523186Nifty 50Difference
1 week-2.3%-2.8% +0.5 pts
1 month-9.8%-6.8% -3.0 pts
3 months+9.6%-7.6% +17.2 pts
3 years+2.1%+14.2% -12.1 pts
5 years-19.4%+27.9% -47.3 pts

Red flags

F-score 2 of 8
explainDebt up, profit down Borrowings up 840% while net profit fell in 2026
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Latest quarter

Jun 2026
Sales ₹42 Cr +20.2% vs Jun 2025. Net profit ₹2 Cr +40.1%.

Activity

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No bulk or block deals on record.
No corporate actions on record.
No announcements in our files yet.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Not on any NSE surveillance list in the latest file.

Quick answers

What is the market cap of B & A Packaging India Ltd?

B & A Packaging India Ltd (523186) has a market capitalisation of Rs 103 Cr. at the 2026-09-30 close.

What is the P/E ratio of B & A Packaging India Ltd?

B & A Packaging India Ltd trades at a P/E of 13.2 on trailing twelve-month profit, at the 2026-09-30 close.

What were B & A Packaging India Ltd's latest quarterly results?

In the Jun 2026 quarter, B & A Packaging India Ltd sales was Rs 42 Cr (+20.2% vs Jun 2025) and net profit was Rs 2 Cr.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03