WORTHPERI
Worth Peripherals financials
- Market cap
- ₹230 Cr
- Sector
- Capital Goods
What Worth Peripherals Limited does
Worth Peripherals manufactures corrugated boxes and board-based packaging - including multi-colour corrugated boxes, die-cut boxes/trays, regular slotted containers (RSC) and Z-sleeve/honeycomb partitions - for FMCG, food & beverage, pharmaceutical, personal care, agriculture, alco-beverage and e-commerce customers across India. Production runs at its own unit in Pithampur (Madhya Pradesh) and through a joint venture, Yash Packers, in Valsad (Gujarat), with an in-house fleet of GPS-enabled vehicles handling delivery logistics. The company is also building a new greenfield corrugated-packaging facility at Depalpur (Indore) under its wholly owned subsidiary, Worth Wellness Private Limited.
Segments
- Corrugated packaging - own manufacturing
- Corrugated packaging - joint venture
- Greenfield expansion
- Manufacturing units
- 2 operational (Pithampur, MP - own; Valsad, Gujarat - JV Yash Packers) + 1 greenfield unit under construction (Depalpur, Indore)
- Installed manufacturing capacity
- 6,000 tonnes/month combined (4,000 MT/month at Pithampur + 2,000 MT/month at Valsad JV)
- Product SKUs
- 1000+
- Brands served
- 50+
- In-house logistics fleet
- 85+ GPS-enabled vehicles
- Quality/sustainability certifications
- ISO 9001:2008, SEDEX, FSC
Quarterly results
Q1 FY27: revenue up 7.6%, net profit up 21.0% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 70 | 68 | 71 | 76 | 77 +10% | 75 +10% | 76 +7% | 82 +8% |
| EBITDA | 6 | 7 | 8 | 7 | 9 +39% | 8 +15% | 9 +8% | 10 +33% |
| Net profit | 4 | 5 | 5 | 4 | 6 +51% | 4 −13% | 5 −12% | 5 +21% |
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 −8.0% 1Y
1Y: ₹158.55 on 10 Sept 2025 → ₹145.82. High ₹164.13 (13 Oct 2025), low ₹116.52 (30 Mar 2026).
Financials, as filed
Revenue grew 13.1% a year over 2 years, FY24 to FY26. Operating margin widened to 10.9%.
| Year ending | FY24 | FY25 | FY26 |
|---|---|---|---|
| Revenue | ₹238 Cr | ₹276 Cr | ₹305 Cr |
| Operating profit | ₹21 Cr | ₹28 Cr | ₹33 Cr |
| Operating margin | 9.0% | 10.1% | 10.9% |
| Interest | ₹2 Cr | ₹2 Cr | ₹2 Cr |
| Depreciation | ₹6 Cr | ₹7 Cr | ₹7 Cr |
| Net profit | ₹16 Cr | ₹17 Cr | ₹19 Cr |
| Net margin | 6.8% | 6.3% | 6.1% |
| Cash from operations | ₹13 Cr | ₹21 Cr | ₹30 Cr |
| Free cash flow | ₹-3 Cr | ₹16 Cr | ₹-52 Cr |
| ROCE | 14.0% | 13.0% | 13.0% |
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 ending | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹16 Cr | ₹16 Cr | ₹16 Cr | ₹16 Cr | ₹16 Cr | ₹16 Cr |
| Reserves | ₹91 Cr | ₹110 Cr | ₹128 Cr | ₹143 Cr | ₹166 Cr | ₹172 Cr |
| Borrowings | ₹21 Cr | ₹19 Cr | ₹4 Cr | ₹10 Cr | ₹19 Cr | ₹42 Cr |
| Other liabilities | ₹31 Cr | ₹38 Cr | ₹36 Cr | ₹37 Cr | ₹36 Cr | ₹49 Cr |
| Total liabilities | ₹159 Cr | ₹183 Cr | ₹183 Cr | ₹207 Cr | ₹237 Cr | ₹278 Cr |
| Fixed assets | ₹79 Cr | ₹76 Cr | ₹79 Cr | ₹91 Cr | ₹83 Cr | ₹80 Cr |
| Capital work in progress | ₹0 Cr | ₹1 Cr | ₹1 Cr | ₹1 Cr | ₹18 Cr | ₹79 Cr |
| Investments | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Other assets | ₹79 Cr | ₹107 Cr | ₹103 Cr | ₹115 Cr | ₹136 Cr | ₹120 Cr |
| Total assets | ₹159 Cr | ₹183 Cr | ₹183 Cr | ₹207 Cr | ₹237 Cr | ₹278 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
The ownership split has held steady since Jun 2025. The shareholder count shrank 12% to 6,060.
- Promoters
- 68.2%
- Public
- 31.8%
Since Jun 2025
- Public −0.05 pp
- Promoters +0.04 pp
- FIIs 0.00 pp
How it drifted, 12 quarters
Over this window promoters fell from 74.3% to 68.2% — −6.1 pp.
Ownership split by quarter, oldest first. Sep '23: Promoters 74.3%, Public 25.7%.Dec '23: Promoters 74.3%, Public 25.7%.Mar '24: Promoters 74.5%, Public 25.5%.Jun '24: Promoters 74.5%, Public 25.5%.Sep '24: Promoters 74.5%, Public 25.5%.Dec '24: Promoters 68.2%, Public 31.8%.Mar '25: Promoters 68.2%, FIIs 0.0%, Public 31.8%.Jun '25: Promoters 68.2%, Public 31.8%.Sep '25: Promoters 68.2%, Public 31.8%.Dec '25: Promoters 68.2%, Public 31.8%.Mar '26: Promoters 68.2%, Public 31.9%.Jun '26: Promoters 68.2%, Public 31.8%.
Who is on the register
Named in the Jun 2026 filing
Every holder of Worth Peripherals Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Raminder Singh Chadha | 31.29% | unchanged |
| Amar Veer Kaur Chadha | 23.74% | unchanged |
| Raminder Chadha Huf | 11.39% | unchanged |
| Vijit Global Securities Private Limited | 5.13% | unchanged |
| Versatile Translink Private Limited | 1.27% | unchanged |
| Gaurav Paliwal | 1.14% | unchanged |
| Ganiv Chadha | 0.48% | unchanged |
| Jayvir Chadha | 0.03% | 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
AttractiveTo justify its price of ₹146, this stock must grow earnings at 3% every year for 7 years. Our analysis caps realistic growth at ~21%. At that growth it is worth ₹361 — upside of 148%.
- Growth the price implies
- 3.5% a year
- for 7 years, fading to 4%
- It has actually compounded at
- 20.6% a year
- net profit, FY24–FY26
- The gap
- -0.2 pp
- 148% downside if it only repeats history
Learn to analyse Worth Peripherals Limited
Guides on how to read this kind of business and the numbers that matter.