MarketFriction

Raj Packaging Industries Ltd

BSE 530111 · Packaging
₹33.64 -1.64%
BSE close2026-10-01
Market cap₹15.9 Cr.
P/E15.6

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
Sales7.137.057.518.027.167.258.009.028.297.468.0013.84
Expenses7.337.417.457.677.387.417.968.628.027.257.5012.55
Operating Profit-0.20-0.360.060.35-0.22-0.160.040.400.270.210.501.29
OPM %-2.81%-5.11%0.80%4.36%-3.07%-2.21%0.50%4.43%3.26%2.82%6.25%9.32%
Other Income0.020.010.050.020.030.010.020.010.010.020.000.00
Interest0.100.110.090.090.110.150.110.110.100.080.080.10
Depreciation0.240.240.250.140.140.140.140.140.140.140.140.14
Profit before tax-0.52-0.70-0.230.14-0.44-0.44-0.190.160.040.010.281.05
Tax %-25.00%-25.71%-26.09%21.43%-25.00%-25.00%-26.32%25.00%25.00%0.00%25.00%25.71%
Net Profit-0.39-0.52-0.180.10-0.33-0.33-0.150.120.020.000.210.79
EPS in Rs-0.85-1.14-0.390.22-0.72-0.72-0.330.260.040.000.461.73
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales38.8138.5738.2634.2634.0540.2950.6546.8630.0230.4232.7837.59
Expenses35.7235.4135.3332.6731.6136.0446.5346.3430.6830.4131.4035.32
Operating Profit3.093.162.931.592.444.254.120.52-0.660.011.382.27
OPM %7.96%8.19%7.66%4.64%7.17%10.55%8.13%1.11%-2.20%0.03%4.21%6.04%
Other Income0.250.130.110.110.210.080.230.330.150.070.040.03
Interest1.181.050.881.081.110.730.720.540.410.460.380.36
Depreciation0.660.660.680.841.040.960.970.980.980.570.570.56
Profit before tax1.501.581.48-0.220.502.642.66-0.67-1.90-0.950.471.38
Tax %34.00%33.54%18.92%-27.27%36.00%28.79%23.31%-26.87%-25.26%-25.26%25.53%
Net Profit0.991.041.21-0.160.321.882.05-0.50-1.42-0.720.351.02
EPS in Rs2.172.282.65-0.350.704.114.49-1.09-3.11-1.580.772.23
Dividend Payout %23.08%21.97%18.88%0.00%0.00%12.15%11.15%0.00%0.00%0.00%0.00%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth-2%-4%-11%20%
Compounded Profit Growth-10%-29%39%248%
Stock Price CAGR0%0%1%8%
Return on Equity3%-1%-5%3%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital4.574.574.574.574.574.574.574.574.574.574.574.57
Reserves4.375.086.087.036.626.938.8510.7210.138.738.088.37
Borrowings8.557.258.247.0412.839.058.317.993.792.884.983.72
Other Liabilities5.054.713.864.673.343.503.955.443.431.931.692.85
Total Liabilities22.5421.6122.7523.3127.3624.0525.6828.7221.9218.1119.3219.51
Fixed Assets6.396.065.275.0110.139.588.858.067.156.325.785.21
CWIP0.000.000.000.150.000.000.000.000.000.000.000.00
Investments0.010.010.010.020.020.010.030.030.040.000.000.00
Other Assets16.1415.5417.4718.1317.2114.4616.8020.6314.7311.7913.5414.30
Total Assets22.5421.6122.7523.3127.3624.0525.6828.7221.9218.1119.3219.51
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity2.352.851.293.902.163.061.761.134.611.41-1.601.64
Cash from Investing Activity-0.08-0.32-0.03-0.53-5.75-0.48-0.28-0.080.13-0.09-0.040.00
Cash from Financing Activity-2.24-2.55-0.26-2.353.57-4.58-1.48-1.06-4.74-1.321.64-1.64
Net Cash Flow0.03-0.021.011.02-0.03-2.000.000.000.000.000.000.00
Free Cash Flow2.342.501.243.34-3.622.571.461.044.531.32-1.641.64
CFO/OP83%106%60%148%169%130%47%45%925%-224%-16,200%119%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days83.1792.3698.6188.1570.5391.22104.3697.2154.9178.3085.5580.06
Inventory Days26.3137.7836.1543.6564.2758.1353.1256.2657.9267.3680.9889.80
Days Payable33.4938.0331.6241.5926.4831.2331.4538.0323.3220.1221.7033.95
Cash Conversion Cycle76.0092.11103.1490.21108.32118.11126.03115.4489.51125.55144.83135.90
Working Capital Days36.0559.2552.7145.3143.7969.2585.6176.6875.48104.81105.3598.65
ROCE %17.05%15.59%14.70%12.58%3.89%7.22%15.94%14.62%-0.62%-8.88%-2.90%4.96%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters32.59%32.66%36.12%36.12%36.12%36.13%36.13%36.13%36.16%36.18%36.18%36.18%
DIIs0.01%0.01%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
Public67.39%67.34%63.88%63.88%63.89%63.88%63.87%63.87%63.85%63.82%63.83%63.82%
No. of Shareholders2,3542,4632,4962,5432,6792,6712,6232,6512,6122,4172,4152,404

Fundamentals

Market Cap₹ 15.9 Cr.
Current Price₹ 34.8
Stock P/E15.6
Book Value₹ 28.3
ROCE4.96 %
ROE2.74 %
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)20%
Compounded Profit Growth (TTM)248%
Standalone figures.
Valuation
Market capRs 15 Cr
Enterprise valueRs 19 Cr
P/E (TTM)43.92x
Price to book1.19x
Price to sales0.41x
EV / EBITDA8.28x
EV / EBIT10.94x
EV / sales0.51x
Price to cash flow9.37x
Earnings yield2.28%
P/E, 3-year average35.59x
P/B, 3-year average0.93x
P/E, 5-year average21.62x
P/B, 5-year average1.08x
Profitability
Operating margin (excl. other income)4.21%
Operating margin (incl. other income)4.33%
EBITDA margin6.12%
Pre-tax margin3.67%
Net profit margin0.93%
Net margin, latest quarter5.71%
ROE2.74%
ROCE4.96%
ROA1.80%
ROE, 3-year average-4.32%
ROCE, 3-year average-2.18%
ROA, 3-year average-3.05%
ROE, 5-year average-0.40%
ROCE, 5-year average1.57%
ROA, 5-year average-0.72%
ROIC (approx.)7.81%
Tax rate25.53%
Other income / net worth0.31%
Growth
Sales growth (latest year)7.76%
Sales CAGR, 3 years-11.23%
Sales CAGR, 5 years-4.04%
Profit CAGR, 5 years-28.55%
Sales growth QoQ73.00%
Profit growth QoQ276.19%
Sales growth YoY (latest quarter)53.44%
Profit growth YoY (latest quarter)558.33%
Per share
EPS (TTM)Rs 0.77
EPS (latest year)Rs 0.77
EPS (latest quarter)Rs 1.73
EPS, 3-year averageRs -1.31
EPS, 5-year averageRs -0.10
Book value per shareRs 28.32
Sales per shareRs 82.26
Cash flow per shareRs 3.59
Free cash flow per shareRs 3.59
Dividend per share, 5-year averageRs 0.50
Dividends
Dividend payout, 5-year average11.22%
Efficiency
Asset turnover1.68x
Fixed asset turnover6.29x
Inventory turnover4.61x
Inventory days79 days
Debtor days80 days
Debtors turnover4.56x
Creditor days34 days
Cash conversion cycle136 days
Working capital days99 days
Leverage
Total debtRs 4 Cr
Cash and bankRs 0 Cr
Net debtRs 4 Cr
Debt to equity0.29x
Net debt / EBITDA1.59x
Interest coverage4.83x
Owners' fund to total sources66.33%
Debt to assets19.07%
Cash flow
Cash from Operating Activity (latest year)Rs 2 Cr
Cash from Financing Activity (latest year)Rs -2 Cr
Free cash flow (latest year)Rs 2 Cr
FCFE (approx.: FCF + change in debt)Rs 0 Cr
Sales to cash flow19.99x
Statement figures
Net sales (TTM)Rs 38 Cr
Net sales (latest year)Rs 33 Cr
Sales (latest quarter)Rs 14 Cr
Operating profit excl. other income (latest year)Rs 1 Cr
Operating profit (latest quarter)Rs 1 Cr
Other income (TTM)Rs 0 Cr
EBITDA (TTM)Rs 2 Cr
PBDT (TTM)Rs 2 Cr
Profit before tax (TTM)Rs 1 Cr
Tax (latest year)Rs 0 Cr
Net profit (TTM)Rs 0 Cr
Net profit (latest year)Rs 0 Cr
Net profit (latest quarter)Rs 1 Cr
Depreciation (TTM)Rs 1 Cr
Depreciation (latest quarter)Rs 0 Cr
Interest (TTM)Rs 0 Cr
Cost of goods sold (latest year)Rs 28 Cr
Total expenditure (latest year)Rs 31 Cr
Total income (latest year)Rs 33 Cr
Share capitalRs 5 Cr
ReservesRs 8 Cr
Shareholders' fundsRs 13 Cr
Total assetsRs 20 Cr
Net blockRs 5 Cr
ReceivablesRs 7 Cr
InventoryRs 6 Cr
Other liabilitiesRs 3 Cr
Shares outstanding (crore)0.46
Ownership
Promoter holding36.18% (+0.05 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/E 13.5 is at the 58th percentile of its own 5.5-year range (median 11.6, low 6.0, high 70.4).
P/B 1.19 is at the 73th percentile (median 1.02).
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.
Period530111Nifty 50Difference
1 week+5.5%-2.8% +8.3 pts
1 month+12.5%-6.8% +19.3 pts
3 months+8.2%-7.6% +15.8 pts
3 years-0.8%+14.2% -14.9 pts
5 years-3.7%+27.9% -31.6 pts

Red flags

F-score 8 of 8
No red flags in the latest statements and filings.
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 ₹14 Cr +53.4% vs Jun 2025. Net profit ₹1 Cr +558.3%.

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 Raj Packaging Industries Ltd?

Raj Packaging Industries Ltd (530111) has a market capitalisation of Rs 15.9 Cr. at the 2026-10-01 close.

What is the P/E ratio of Raj Packaging Industries Ltd?

Raj Packaging Industries Ltd trades at a P/E of 15.6 on trailing twelve-month profit, at the 2026-10-01 close.

What were Raj Packaging Industries Ltd's latest quarterly results?

In the Jun 2026 quarter, Raj Packaging Industries Ltd sales was Rs 14 Cr (+53.4% vs Jun 2025) and net profit was Rs 1 Cr.

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