RPPL

Rajshree Polypack financials

Market cap
₹180 Cr
Sector
Capital Goods
Calls analysed
5
Latest concall · Q1 FY27 · call held 06 Aug 2026

Rajshree Polypack Limited Q1 FY27

Revenue from Operations ₹102.91 cr +25%EBITDA ₹16.52 cr +37%EBITDA Margin 16.05% PAT ₹7.25 cr +77%

What went well

  • Revenue from operations grew 24.72% YoY to INR 102.91 crores, reflecting strong recovery.
  • EBITDA grew 36.75% YoY to INR 16.52 crores, with EBITDA margins improving to 16.05% from 14.64% YoY.
  • PAT grew 76.83% YoY to INR 7.25 crores, with PAT margins expanding to 7.04% from 4.97% YoY.

What to watch

  • Injection Moulding revenue contribution declined from 15.6% to 12.3% (Q1 FY26 vs Q1 FY27) due to geopolitical issues impacting exports.
  • Gross margins declined to 38.3% from 42.5-43.5% in previous quarters, primarily due to raw material price volatility.
Read the full call →

Guidance record · Q1 FY27

what the last two calls moved 14 tracked 0 delivered 6 missed 8 open
  • FY26 Rajshree Revenue missed said Q4 FY25 Promised: ₹365 to 370 crores Q1 FY27: FY26 is complete. The 9-month run-rate from Q3 FY26 made the target highly unlikely, and no final achievement was mentioned in the Q1 FY27 call. Presumed missed.
  • Olive Ecopak Break-even delayed said Q4 FY25 Promised: Break even at Depreciation Level in FY26 Q1 FY27: Target for PBT breakeven in Q4 FY26 was missed. New target is PBT breakeven in FY27.
  • Total Revenue from Existing Setup open said Q1 FY27 Promised: INR 420 crores, INR 430 crores Q1 FY27: Target of INR 420-430 cr from existing setup guided for FY27 or FY28. '...probably maybe by next year, surely, we'll be reaching those numbers.'

All 14 tracked — every revision, and every one management stopped mentioning.

Open the guidance ledger

Quarterly results

Q1 FY27: revenue up 24.7%, net profit up 77.9% against the same quarter last year.

₹ Cr · quarterly
Line itemQ2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26Q4 FY26Q1 FY27
Revenue88 73 90 83 86 −2%72 −1%92 +2%103 +25%
EBITDA10 5 11 10 11 +7%9 +71%14 +36%14 +42%
Net profit3 -1 4 4 5 +51%2 +334%6 +75%7 +78%
How to read this

₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.

Performance −5.6% 1Y

₹15.0₹20.0₹25.0Sept 25Oct 25Dec 25Jan 26Mar 26Apr 26Jun 26Jul 26Sept 26Q2 FY26 — 21 Nov 2025Q3 FY26 — 16 Feb 2026Q1 FY27 — 6 Aug 2026

1Y: ₹21.97 on 10 Sept 2025 → ₹20.74. High ₹26.11 (10 Aug 2026), low ₹15 (23 Mar 2026).

How the price took the results

close before → close after

Q1 FY27
+7.5%
6 Aug
Q3 FY26
−4.1%
16 Feb
Q2 FY26
−2.4%
21 Nov

The move from the last close before each results date to the first close after it — the market's first read on the quarter, not the quarter itself.

Financials, as filed

Revenue grew 9.6% a year over 3 years, FY23 to FY26. Operating margin held at 13.3%.

Year endingFY23FY24FY25FY26
Revenue₹252 Cr₹274 Cr₹330 Cr₹332 Cr
Operating profit₹33 Cr₹33 Cr₹34 Cr₹44 Cr
Operating margin13.2%12.0%10.5%13.3%
Interest₹7 Cr₹8 Cr₹10 Cr₹11 Cr
Depreciation₹14 Cr₹16 Cr₹17 Cr₹17 Cr
Net profit₹11 Cr₹9 Cr₹8 Cr₹17 Cr
Net margin4.2%3.1%2.4%5.2%
Cash from operations₹14 Cr₹21 Cr₹18 Cr₹19 Cr
Free cash flow₹-17 Cr₹2 Cr₹-4 Cr₹7 Cr
How to read this

From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.

Balance sheet

Year endingFY22FY23FY24FY25FY26
Equity capital₹11 Cr₹11 Cr₹37 Cr₹37 Cr₹37 Cr
Reserves₹105 Cr₹119 Cr₹117 Cr₹135 Cr₹143 Cr
Borrowings₹50 Cr₹88 Cr₹87 Cr₹120 Cr₹123 Cr
Other liabilities₹26 Cr₹45 Cr₹41 Cr₹47 Cr₹38 Cr
Total liabilities₹192 Cr₹263 Cr₹281 Cr₹339 Cr₹342 Cr
Fixed assets₹105 Cr₹126 Cr₹122 Cr₹139 Cr₹139 Cr
Capital work in progress₹2 Cr₹0 Cr₹0 Cr₹2 Cr₹0 Cr
Investments₹0 Cr₹2 Cr₹6 Cr₹0 Cr₹42 Cr
Other assets₹85 Cr₹135 Cr₹152 Cr₹197 Cr₹161 Cr
Total assets₹192 Cr₹263 Cr₹281 Cr₹339 Cr₹342 Cr
How to read this

As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.

Who owns it

As disclosed at Jun 2026

Since Jun 2025, the public trimmed −1.53 pp while DIIs added +1.08 pp. The shareholder count shrank 4% to 13,320.

Promoters
44.2%
DIIs
1.1%
Public
54.7%

Since Jun 2025

  • Public −1.53 pp
  • DIIs +1.08 pp
  • Promoters +0.44 pp

How it drifted, 12 quarters

Over this window the public went from 43.3% to 54.7% — +11.4 pp.

Sep '23Dec '24Jun '26

Ownership split by quarter, oldest first. Sep '23: Promoters 52.5%, DIIs 4.3%, Public 43.3%.Dec '23: Promoters 48.8%, Public 51.2%.Mar '24: Promoters 45.2%, FIIs 0.0%, Public 54.8%.Jun '24: Promoters 44.1%, Public 55.9%.Sep '24: Promoters 44.1%, FIIs 0.1%, Public 55.8%.Dec '24: Promoters 44.1%, Public 55.9%.Mar '25: Promoters 44.3%, Public 55.7%.Jun '25: Promoters 43.8%, Public 56.2%.Sep '25: Promoters 44.0%, Public 56.0%.Dec '25: Promoters 43.9%, Public 56.1%.Mar '26: Promoters 44.0%, Public 56.0%.Jun '26: Promoters 44.2%, DIIs 1.1%, Public 54.7%.

Who was buying across the market this quarter →

Who bought this quarter

since Mar 2026

Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.

The same filing shows 0 holders trimming and 0 off the list — both are in the register beside this.

Who is on the register

Named in the Jun 2026 filing

Every holder of Rajshree Polypack Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.

HolderStakeChange
Ramswaroop Radheshyam Thard 15.94%unchanged
Sajjan N Rungta Huf 13.94%unchanged
Naresh Radheshyam Thard 13.33%+0.26 pp
Wifag-Polytype Holding Ag 7.14%unchanged
Sunita Nirmal Chamaria 2.37%unchanged
Anita Jaideep Sampat 1.25%unchanged
Amrit Nirmal Chamaria 1.22%unchanged
Jaideep Sampat 1.18%unchanged
Niraj N Chamaria 1.09%unchanged
The Golden Bird Investment Trust - I AIF1.08%newly disclosed
Hemant Gadodia 1.03%unchanged
Shashi Ramswaroop Thard 0.46%unchanged

A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.

What the price assumes

Attractive

To justify its price of ₹21, this stock must grow earnings at -3% every year for 7 years. Our analysis caps realistic growth at ~14%. At that growth it is worth ₹51 — upside of 147%.

Growth the price implies
-2.6% a year
for 7 years, fading to 4%
It has actually compounded at
17.4% a year
net profit, FY23–FY26 · EPS 14.1%
The gap
-0.2 pp
147% downside if it only repeats history
Price today ₹20.74 Value at the reference growth ₹51.19

Change the assumptions yourself →

All earnings calls (5)

Read the Q1 FY27 call →

Learn to analyse Rajshree Polypack Limited

Guides on how to read this kind of business and the numbers that matter.