MarketFriction

Shree Rama Multi-Tech Ltd

NSE SHREERAMA · BSE 532310 · Packaging
₹43.16 -1.30%
NSE close2026-10-01
52 week range37.62 - 71.99
Market cap₹582 Cr.
P/E22.8
Price band 20% Delivery 79.8%

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
Sales43.7743.4746.6142.9852.8052.9059.1655.3562.0259.8562.4680.52
Expenses39.9839.8642.0137.6545.4845.2948.3844.2151.5249.9253.5767.04
Operating Profit3.793.614.605.337.327.6110.7811.1410.509.938.8913.48
OPM %8.66%8.30%9.87%12.40%13.86%14.39%18.22%20.13%16.93%16.59%14.23%16.74%
Other Income0.460.010.390.330.240.170.191.501.700.450.140.23
Interest0.260.070.150.050.300.470.540.370.210.200.260.23
Depreciation1.431.451.491.411.982.053.342.402.442.392.382.29
Profit before tax2.562.103.354.205.285.267.099.879.557.796.3911.19
Tax %0.00%0.00%0.00%0.00%0.00%0.00%-416.22%25.53%24.82%29.01%26.13%27.97%
Net Profit2.562.113.354.205.295.2636.607.357.175.534.728.06
EPS in Rs0.190.160.250.310.400.392.740.550.540.410.350.60
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales107121122117131136150196178208240265
Expenses92107112109114124148182163176198222
Operating Profit1514118171221515324143
OPM %14%12%9%7%13%9%1.3%7%9%15%17%16%
Other Income1511050001033
Interest775431111111
Depreciation14121199876691010
Profit before tax9-4-4-4113-5710223435
Tax %-20%-40%-37%-32%-97%0%0%29%0%-135%26%
Net Profit11-2-3-3213-5510512525
EPS in Rs0.26-0.370.380.753.851.861.90
Dividend Payout %0%0%0%0%0%0%0%0%0%0%0%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth8%12%7%20%
Compounded Profit Growth30%48%71%-53%
Stock Price CAGR19%30%28%-28%
Return on Equity21%21%24%15%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital323232323232323232676767
Reserves-31-21-23-25-28-7-4-7-23686111
Borrowings15313212410810577707982123922
Other Liabilities302829263619182221242228
Total Liabilities184172161140145121116126133138214228
Fixed Assets1099789787567605450477182
CWIP1310000002171
Investments000000000000
Other Assets74727162695456728490126145
Total Assets184172161140145121116126133138214228
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity16817913151-113212032
Cash from Investing Activity-24-110-713-12-4-11-47-7
Cash from Financing Activity-4-14-16-20-6-28092-825-18
Net Cash Flow9-20-1-00-0012-28
Free Cash Flow125158430-0-11-110-1818
CFO/OP175%53%119%87%161%88%7%-541%14%138%62%67%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days608079787252636870878989
Inventory Days1321491141151461381011201009997116
Days Payable445758517866564840534956
Cash Conversion Cycle149172135142140125107140130133137149
Working Capital Days10273497543659082819779105
ROCE %-3%2%2%0%-1%8%4%-4%8%9%15%18%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters61.57%61.57%61.57%61.57%61.57%61.57%61.57%61.57%61.57%61.57%61.57%61.57%
FIIs0.00%0.00%0.00%0.00%0.00%0.01%0.00%0.04%0.00%0.02%0.00%0.00%
Public38.42%38.43%38.43%38.42%38.42%38.42%38.42%38.39%38.43%38.40%38.43%38.43%
No. of Shareholders23,04522,29823,71523,44923,51328,19927,45927,68228,82627,63827,37527,254

Fundamentals

Market Cap₹ 582 Cr.
Current Price₹ 43.7
Stock P/E22.8
Book Value₹ 13.3
ROCE18.2 %
ROE15.4 %
Dividend Yield0.00 %
Face Value₹ 5.00
Compounded Sales Growth (TTM)20%
Compounded Profit Growth (TTM)-53%
Standalone figures.
Valuation
Market capRs 576 Cr
Enterprise valueRs 589 Cr
P/E (TTM)22.61x
Price to book3.24x
Price to sales2.17x
EV / EBITDA13.01x
EV / EBIT16.45x
EV / sales2.23x
Price to cash flow17.76x
Earnings yield4.42%
P/E, 3-year average21.61x
P/B, 3-year average3.11x
P/E, 5-year average18.56x
P/B, 5-year average2.78x
Profitability
Operating margin (excl. other income)17.26%
Operating margin (incl. other income)18.46%
EBITDA margin17.11%
Pre-tax margin13.18%
Net profit margin9.62%
Net margin, latest quarter10.01%
ROE14.97%
ROCE17.70%
ROA11.20%
ROE, 3-year average23.38%
ROCE, 3-year average14.12%
ROA, 3-year average15.88%
ROE, 5-year average14.02%
ROCE, 5-year average9.21%
ROA, 5-year average9.49%
ROIC (approx.)13.83%
Tax rate26.28%
Other income / net worth1.63%
Growth
Sales growth (latest year)15.32%
Profit growth (latest year)-51.78%
Sales CAGR, 3 years6.89%
Sales CAGR, 5 years12.03%
Profit CAGR, 3 years70.00%
Profit CAGR, 5 years48.49%
Sales growth QoQ28.91%
Profit growth QoQ70.76%
Sales growth YoY (latest quarter)45.47%
Profit growth YoY (latest quarter)9.66%
Per share
EPS (TTM)Rs 1.91
EPS (latest year)Rs 1.86
EPS (latest quarter)Rs 0.60
EPS, 3-year averageRs 2.15
EPS, 5-year averageRs 1.29
Book value per shareRs 13.30
Sales per shareRs 19.84
Cash flow per shareRs 2.43
Free cash flow per shareRs 1.35
Efficiency
Asset turnover1.05x
Fixed asset turnover2.93x
Inventory turnover3.70x
Inventory days99 days
Debtor days89 days
Debtors turnover4.11x
Creditor days56 days
Cash conversion cycle149 days
Working capital days105 days
Leverage
Total debtRs 22 Cr
Cash and bankRs 9 Cr
Net debtRs 13 Cr
Debt to equity0.12x
Net debt / EBITDA0.29x
Interest coverage39.80x
Owners' fund to total sources77.91%
Debt to assets9.62%
Cash flow
Cash from Operating Activity (latest year)Rs 32 Cr
Cash from Investing Activity (latest year)Rs -7 Cr
Cash from Financing Activity (latest year)Rs -18 Cr
Net Cash Flow (latest year)Rs 8 Cr
Free cash flow (latest year)Rs 18 Cr
FCFE (approx.: FCF + change in debt)Rs 1 Cr
Cash from ops / profit, 5 years0.76x
Sales to cash flow7.39x
Statement figures
Net sales (TTM)Rs 265 Cr
Net sales (latest year)Rs 240 Cr
Sales (latest quarter)Rs 81 Cr
Operating profit excl. other income (latest year)Rs 41 Cr
Operating profit (latest quarter)Rs 13 Cr
Other income (TTM)Rs 3 Cr
EBITDA (TTM)Rs 45 Cr
PBDT (TTM)Rs 44 Cr
Profit before tax (TTM)Rs 35 Cr
Tax (latest year)Rs 9 Cr
Net profit (TTM)Rs 25 Cr
Net profit (latest year)Rs 25 Cr
Net profit (latest quarter)Rs 8 Cr
Depreciation (TTM)Rs 10 Cr
Depreciation (latest quarter)Rs 2 Cr
Interest (TTM)Rs 1 Cr
Cost of goods sold (latest year)Rs 157 Cr
Total expenditure (latest year)Rs 198 Cr
Total income (latest year)Rs 243 Cr
Share capitalRs 67 Cr
ReservesRs 111 Cr
Shareholders' fundsRs 178 Cr
Total assetsRs 228 Cr
Net blockRs 82 Cr
Capital work in progressRs 1 Cr
ReceivablesRs 58 Cr
InventoryRs 42 Cr
Other liabilitiesRs 28 Cr
Shares outstanding (crore)13.35
Ownership
Promoter holding61.57% (+0.00 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/E 22.6 is at the 40th percentile of its own 5.4-year range (median 27.1, low 3.3, high 87.4).
P/B 3.24 is at the 4th percentile (median 7.24).
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.
PeriodSHREERAMANifty 50Difference
1 week-1.6%-2.8% +1.2 pts
1 month+3.7%-6.8% +10.5 pts
3 months-1.7%-7.6% +5.9 pts
6 months-6.7%+0.4% -7.1 pts
1 year-25.7%-9.9% -15.7 pts
2 years+50.9%-13.6% +64.5 pts
3 years+107.0%+14.2% +92.8 pts
5 years+229.5%+27.9% +201.6 pts

Red flags

F-score 7 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 ₹81 Cr +45.5% vs Jun 2025. Net profit ₹8 Cr +9.7%.
Against our estimate for Jun 2026: sales +33.0%, profit +28.0% in line. Our estimate for Sep 2026: sales Rs 78 Cr, profit Rs 7 Cr (how).

Activity

Compare
CompanyMcap (Cr)P/EROCE
EPL Ltd7,46518.217.8 %
AGI Greenpac Ltd5,13013.919.5 %
Uflex Ltd4,6686.757.03 %
TCPL Packaging Ltd3,74831.017.9 %
Polyplex Corporation Ltd3,32921.40.89 %
Jindal Poly Films Ltd2,93850.2-1.99 %
XPRO India Ltd2,72483.43.78 %
Cosmo First Ltd2,18812.811.2 %
Knack Packaging Ltd2,16121.234.1 %
Mold-Tek Packaging Ltd2,13428.113.3 %
Huhtamaki India Ltd1,78013.012.0 %
Arrow Greentech Ltd1,31420.629.6 %
Commercial Syn Bags Ltd1,09934.815.0 %
Dhunseri Ventures Ltd1,0025.256.74 %
Ester Industries Ltd8822.75 %
No bulk or block deals on record.
Ex-dateActionFactor
2024-08-29Annual General Meeting
2024-03-07Extra Ordinary General Meeting
2023-09-15Annual General Meeting
2023-05-30Rights 11:10@ Premium Rs 4/-
2022-09-07Annual General Meeting
2021-09-15 Annual General Meeting
2021-01-28 Extra Ordinary General Meeting
2020-09-17 Annual General Meeting
2019-09-17 Annual General Meeting
2018-12-31 Extra Ordinary General Meeting
2018-09-12 Annual General Meeting
2017-09-13 Annual General Meeting
2016-09-12 Annual General Meeting
2015-09-16 Annual General Meeting
2014-09-18Annual General Meeting
2013-09-19Annual General Meeting
2012-09-06Annual General Meeting
2011-09-15Annual General Meeting
2010-09-16Annual General Meeting
2009-09-10Annual General Meeting
2008-09-11Annual General Meeting
2007-09-20Agm
2006-08-03Agm
DateTypeWhat it says
2026-09-26Shareholder meetingVoting results.
2026-09-25Shareholder meetingProceedings of 32nd Annual General Meeting of the Company held on September 25, 2026
2026-09-21Capacity additionCapacity addition
2026-08-26General UpdatesGeneral Updates letters to shareholder under Regulation 36(1) (b) of the SEBI Listing Regulation 2015
2026-08-26Shareholder meetingNotice of Annual General Meeting to be held on September 25, 2026
2026-08-13General UpdatesGeneral Updates on variation of terms of Redeemable Preference shares (unlisted) as per attached
2026-08-13Board meeting outcomeOutcome of Board Meeting held on August 13, 2026. for reappointment of Whole Time Director for the period of 3 years w.e.f 27/11/2026 as per attache...
2026-08-13Board meeting outcomeShree Rama Multi-Tech Limited has submitted to the Exchange, the Unaudited financial results for the quarter ended Jun 30, 2026.
2026-06-03Capacity additionCommencement of Commercial Production by New Tubing Machine at Plant, Moti-Bhoyan
2026-05-09UpdatesClarification regarding inadvertent error in the Statement on Impact of Audit Qualifications submitted along with Audited Financial Results for the Qu...
2026-05-09Board meeting outcomeShree Rama Multi-Tech Limited has submitted to the Exchange, the Audited Financial Results on standalone basis for the quarter and year ended on 31st ...
2026-04-08Disclosure under SEBI TakeovNirma Industries Private Limited has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of Ind...
2026-03-23Shareholder meetingVoting results.
2026-02-16Shareholder meetingNotice of Postal Ballot
2026-02-10Reply to Clarification- FinaThe Exchange had sought clarification from Shree Rama Multi-Tech Limited for the quarter ended 30-Sep-2025 with respect to Regulation 33 of the SEBI (...
2026-02-07Change in ManagementCompletion of Tenure of Shri Shalin S. Patel (DIN: 01779902) as Independent Director of the Company
2026-02-02Change in ManagementChange in Management
2026-02-02Board meeting outcomeShree Rama Multi-Tech Limited has submitted to the Exchange, the Unaudited financial results for the period ended December 31, 2025.
2026-02-02Board meeting outcomeOutcome of the Board meeting held on February 02, 2026.
2025-12-18Price movementSignificant movement in price has been observed in Shree Rama Multi-Tech Limited. The Exchange, in order to ensure that investors have latest relevant...
2025-12-17Price movementSignificant movement in price has been observed in Shree Rama Multi-Tech Limited. The Exchange, in order to ensure that investors have latest relevant...
2025-12-08Clarification - Financial ReThe Exchange has sought clarification from Shree Rama Multi-Tech Limited for the quarter ended 30-Sep-2025 with respect to Regulation 33 of the SEBI (...
2025-11-13AppointmentAppointment of Mr Krunal Shah as Chief Financial Officer of the company w.e.f. November 13, 2025.
2025-11-13Board meeting outcomeShree Rama Multi-Tech Limited has submitted to the Exchange, the Unaudited financial results for the quarter and half year ended September 30, 2025.
2025-11-13Board meeting outcomeOutcome of the Board meeting held on November 13, 2025.
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 Shree Rama Multi-Tech Ltd?

Shree Rama Multi-Tech Ltd (SHREERAMA) has a market capitalisation of Rs 582 Cr. at the 2026-10-01 close.

What is the P/E ratio of Shree Rama Multi-Tech Ltd?

Shree Rama Multi-Tech Ltd trades at a P/E of 22.8 on trailing twelve-month profit, at the 2026-10-01 close.

What were Shree Rama Multi-Tech Ltd's latest quarterly results?

In the Jun 2026 quarter, Shree Rama Multi-Tech Ltd sales was Rs 81 Cr (+45.5% vs Jun 2025) and net profit was Rs 8 Cr.

What is the 52-week high and low of Shree Rama Multi-Tech Ltd?

The 52-week high is Rs 71.99 and the 52-week low is Rs 37.62.

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