B&A Packaging India Ltd (BAPACK)

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B&A Packaging India Ltd (BAPACK) · mywealthgrid

About

B&A Packaging India Ltd operates in Packaging within the Industrials sector.

Face value: ₹10

Market cap

₹98 Cr

P/E

9.3×

P/B

1.1×

Dividend yield

0.5%

ROE

8.2%

ROCE

11.2%

Debt / equity

0.21

OPM

8.4%

EPS (TTM)

₹21.1

Book value

₹179.5

52-week high

—

52-week low

—

1,374 historical price candles were omitted because the exchange source has not been verified.

₹196.4-4.6%1Y

Quick read

rule-based

Pros

+Comfortable interest coverage of 15.2×
+High promoter holding of 72.4% with no pledge

Cons

−Profit declined 7.7% a year over the last 5 years
−Modest revenue growth of 8% a year over the last 5 years
−Low dividend payout of 4.8% of profit

Research score

Structured signal from quality, growth, valuation and momentum.

57/100

Business quality: 47
Growth: 28
Valuation

Revenue & net profit

₹ crore, by fiscal year

RevenuePAT

Margins

% of revenue, by fiscal year

OPMPAT margin

Peers

Comparable companies from the narrowest available industry classification.

Screen this industry Compare top 5 side-by-side

Company	Mkt Cap	EV	Revenue	EBITDA	OPM	PAT	NPM	ROCE	ROE	WC Days
Epl LimitedEPLEPL	₹7,443 Cr	₹8,152 Cr	₹5,043 Cr	₹1,000 Cr	20.3%	₹388 Cr	8.3%	19.5%	14.9%	97
Agi Greenpac LimitedAGIAGI	₹5,116 Cr	₹5,355 Cr	₹2,763 Cr	₹628 Cr	22.3%	₹362 Cr	13.2%	18.6%	15.6%	188
Uflex LimitedUFLEXUFLEX	₹4,692 Cr	₹14,545 Cr	₹16,866 Cr	₹2,302 Cr	12.2%	₹682 Cr	2.1%	8.6%	4.1%	89
Tcpl Packaging LimitedTCPLPACKTCPLPACK	₹3,574 Cr	₹4,148 Cr	₹1,872 Cr	₹299 Cr	16.2%	₹115 Cr	5.4%	22.4%	14.4%	98
Polyplex Corporation LimitedPOLYPLEXPOLYPLEX	₹3,228 Cr	₹4,145 Cr	₹7,601 Cr	₹592 Cr	4.9%	₹155 Cr	0.6%	1.1%	1.1%	147
Jindal Poly Films LimitedJINDALPOLYJINDALPOLY	₹2,863 Cr	₹6,866 Cr	₹2,152 Cr	₹-613 Cr	-20.2%	₹-989 Cr	-36.6%	-2%	-29.6%	81
Xpro India LimitedXPROINDIAXPROINDIA	₹2,670 Cr	₹2,959 Cr	₹535 Cr	₹50 Cr	6.3%	₹33 Cr	3.9%	3.9%	2.8%	80
Knack Packaging LimitedKNACKKNACK	₹2,211 Cr	₹2,404 Cr	₹736 Cr	₹133 Cr	18.1%	₹74 Cr	10%	47.1%	41.5%	—
Mold-Tek Packaging LimitedMOLDTKPACMOLDTKPAC	₹2,187 Cr	₹2,231 Cr	₹631 Cr	₹121 Cr	19.1%	₹64 Cr	10.1%	24.3%	17.9%	148
Cosmo First LimitedCOSMOFIRSTCOSMOFIRST	₹2,166 Cr	₹3,752 Cr	₹4,004 Cr	₹428 Cr	10.5%	₹167 Cr	4.3%	11.6%	10.1%	10
Huhtamaki India LimitedHUHTAMAKIHUHTAMAKI	₹1,757 Cr	₹1,859 Cr	₹2,610 Cr	₹225 Cr	7.7%	₹136 Cr	4.8%	12.3%	9.5%	26
Arrow Greentech LimitedARROWGREENARROWGREEN	₹1,306 Cr	₹1,306 Cr	₹247 Cr	₹86 Cr	32.2%	₹64 Cr	23.6%	30.4%	22.4%	141

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Financials

Reported profit and loss, balance sheet, cash flow and growth history.

Annual Quarterly

Standalone figures · ₹ crore · years without a filed annual are summed from quarters

₹ Cr	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	49	53	68	72	76	97	128	132	129	131	142
COGS	—	-34	-44	-48	-47	59	86	89	82	81	91
Gross profit	—	—	—	—	—	38	42	43	47	50	51
	41	79	102	110	111	21	27	27	31	36	39
	7	8	10	9	12	17	16	16	16	14	12
OPM %	15.1%	14.5%	15.1%	13.1%	15.5%	17.2%	12.3%	12.1%	12.5%	10.9%	8.4%
Depreciation	1	1	1	1	1	1	1	2	2	2	2
Interest	2	2	2	—	1	1	1	1	1	0	1
	1	1	0	1	1	2	1	1	1	2	1
Profit before tax	5	5	8	7	10	16	14	14	15	14	10
Tax	2	2	3	2	2	6	5	5	3	4	3
Tax %	35.7%	31.6%	36.6%	28.8%	22.6%	34.7%	34.8%	38%	21.6%	28%	28.7%
	3	4	5	5	8	11	9	8	11	10	7
PAT margin %	6.4%	7%	7.1%	7.2%	10%	10.9%	7.1%	6.4%	8.9%	7.5%	5%
EPS (₹)	6.3	—	9.7	10.4	15.2	21.2	18.4	17	23.1	19.8	14.2
EPS adjusted (₹)	—	—	9.6	10.3	15.1	21.1	18.3	16.9	23	19.7	14.2
	7.9%	—	5.2%	4.8%	0%	0%	8.2%	8.8%	8.7%	5%	7%
Annual report	Annual report for Mar 2016	Annual report for Mar 2017	Annual report for Mar 2018	Annual report for Mar 2019	Annual report for Mar 2020	Annual report for Mar 2021	Annual report for Mar 2022	Annual report for Mar 2023	Annual report for Mar 2024	Annual report for Mar 2025	Annual report for Mar 2026

₹ Cr	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity capital	5	5	5	5	5	5	5	5	5
Reserves	19	24	31	42	51	58	69	78	84
Minority interest	—	—	—	—	—	0	—	—	—
	12	12	6	13	13	11	3	2	19
	18	18	14	16	18	21	15	19	25
Total equity & liabilities	54	59	56	75	86	95	92	104	133
	16	17	17	19	19	25	25	26	41
CWIP	1	0	0	0	2	0	1	5	3
Investments	—	—	0	0	0	0	0	0	0
	37	42	39	57	65	70	66	73	89
Total assets	54	59	56	75	86	95	92	104	133

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Ratios

Annual operating, return, leverage and working-capital ratios.

Standalone figures

Ratio	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Margins
Gross margin %	—	—	38.8%	33.1%	32.5%	36.3%	38%	36%
EBITDA margin %	13.1%	15.5%	17.2%	12.3%	12.1%	12.5%	10.9%	8.4%
EBIT margin %	11.1%	13.8%	15.9%	11.2%	10.5%	11.1%	9.4%	6.9%
PAT margin %	7.2%	10%	10.9%	7.1%	6.4%	8.9%	7.5%	5%
Working capital
Receivable days	70	81	83	67	61	64	62	73
Inventory days	106	106	157	120	160	117	156	177
Payable days	61	46	60	47	59	37	51	78
NWC days	114	141	180	140	162	144	167	171
Leverage
Current ratio	1.65	2.54	2.37	2.52	2.61	4.33	3.91	2.71
Debt to EBITDA	1.28	0.53	0.79	0.82	0.7	0.17	0.14	1.56
Debt to equity	0.42	0.17	0.28	0.23	0.17	0.04	0.02	0.21
Interest coverage	—	8.3	13.3	11.7	10.7	19.7	30.7	15.2
Asset turnover	1.22	1.35	1.28	1.48	1.38	1.4	1.26	1.07
Return ratios
Return on assets %	8.7%	13.5%	13.9%	10.6%	8.9%	12.4%	9.4%	5.3%
Return on capital employed %	27%	29.5%	37.6%	27.2%	23.3%	21.2%	17.3%	11.2%
Return on equity %	17.8%	20.9%	22.6%	16.4%	13.3%	15.5%	11.9%	7.9%

Derived from reported annual statements. ROCE uses EBIT over capital employed (total assets less current liabilities). Day counts average the opening and closing balance; receivables turn on revenue, inventory and payables on cost of goods sold.

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Shareholding

Quarterly ownership, named holders, insider transactions and disclosed deals.

Quarterly Annual

Every quarter filed · % of equity

Holder (%)	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	74.39%	72.37%	72.37%	72.37%	72.37%	72.37%	72.37%	72.37%	72.37%	72.37%	72.37%	72.37%
	0%	0%	0%	0%	0.37%	0.37%	0.37%	0.37%	0.37%	0.37%	0.37%	0.37%
DII	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
	25.61%	27.63%	27.63%	27.63%	27.26%	27.26%	27.26%	27.26%	27.26%	27.26%	27.26%	27.26%
No. of shareholders	—	—	—	—	—	—	—	—	2,944	2,704	2,686	2,638

Promoter holding down 2.02 percentage points since Sep 2023.

13 deals · 3 Aug 2021 – 18 Feb 2022

Date	Client	Type	Venue	Side	Quantity	Price	Value
18 Feb 2022	MABLE RAJESH	Bulk	BSE	Sell	12,018	₹209.26	₹0.25 Cr
21 Sept 2021	RAJASTHAN GLOBAL SECURITIES PRIVATE LIMITED	Bulk	BSE	Buy	18,807	₹227.18	₹0.43 Cr
24 Aug 2021	DHEERAJ KUMAR LOHIA	Bulk	BSE	Buy	11,870	₹222.24	₹0.26 Cr
16 Aug 2021	MANISHKUMAR J SHAH	Bulk	BSE	Sell	25,000	₹219.10	₹0.55 Cr
16 Aug 2021	RAVIRAJ DEVELOPERS LIMITED	Bulk	BSE	Sell	22,277	₹219.10	₹0.49 Cr
12 Aug 2021	INDUSTRIAL PROMOTOIN & INVESTMENT CORPO. OF ORISSA LTD.	Bulk	BSE	Sell	2,16,333	₹188.73	₹4.08 Cr
12 Aug 2021	DHEERAJ KUMAR LOHIA	Bulk	BSE	Buy	35,568	₹189.45	₹0.67 Cr
12 Aug 2021	TEJASH FINSTOCK PRIVATE LIMITED	Bulk	BSE	Buy	27,982	₹188.08	₹0.53 Cr
12 Aug 2021	MANISHKUMAR J SHAH	Bulk	BSE	Buy	27,500	₹188.36	₹0.52 Cr
12 Aug 2021	RAVIRAJ DEVELOPERS LIMITED	Bulk	BSE	Buy	25,385	₹188.32	₹0.48 Cr

1–10 of 13

1 / 2

Bulk deals are a client trading over 0.5% of the equity in a session, aggregated across their trades; block deals are single negotiated trades in the exchange’s block window. Each is reported by the exchange it was crossed on, so NSE and BSE rows are separate trades rather than the same trade twice.

Mr. DIPANKAR MUKHERJEENon-Executive - Independent Director-Chairperson
Goutamanshu MukhopadhyayChief Financial Officer
Mr. ANJAN GHOSHNon-Executive - Non Independent Director
Mr. BASANT KUMAR GOSWAMINon-Executive - Independent Director
Mr. SOMNATH CHATTERJEEExecutive Director-MD
Mr. DHRUBA JYOTI DOWERAHNon-Executive - Non Independent Director
Mrs. MOU MUKHERJEENon-Executive - Independent Director
Mr. ROBIN AIDAN FARLEYNon-Executive - Non Independent Director
Mr. ARVIND PARASRAMKANon-Executive - Non Independent Director
Mr. GAURI PROSAD SARMANon-Executive - Independent Director

Current officeholders as filed with BSE. A person holding two offices is listed once per office.

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F&O

Current futures and options contracts with compact option-chain pages.

Not in the F&O segment

Only about 210 stocks have listed futures and options. Contracts appear here for those, refreshed after each close.

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Fund holders

Mutual-fund schemes that disclosed a holding in the company.

No fund holdings on record

No scheme among the 32 fund houses on record reported a position in B&A Packaging India Ltd. Portfolios are published monthly by each AMC; coverage is still partial.

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Documents

Annual reports, exchange filings, offer documents, ratings and earnings-call material.

Announcements

Annual reports

Credit ratings

Pursuant to Regulation 30 read with Para A of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that Infomerics ....31 Mar 2026

Documents link to external sources (exchange filings, company investor pages).

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Events

Upcoming dates and the company’s corporate-action history.

12

Final dividend16 Jul 2026 · ex-date₹1
Final dividend16 Jul 2025 · ex-date₹1
Final dividend9 Aug 2024 · ex-date₹2
Final dividend31 Aug 2023 · ex-date₹1.5
Final dividend24 Aug 2022 · ex-date₹1.5
Final dividend29 Aug 2019 · ex-date₹0.5
Dividend dividend30 Aug 2018 · ex-date₹0.5
Final dividend16 Aug 2017 · ex-date₹0.5
Dividend dividend1 Sept 2016 · ex-date₹0.5
Final dividend22 Sept 2015 · ex-date₹0.5
Final dividend27 Aug 2014 · ex-date₹0.25
Final dividend7 Jun 2012 · ex-date₹0.3

1

Board meeting to consider results7 Aug 2026

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Announcements

Latest exchange announcements, filings and downloadable documents.

1 month 3 months 6 months 1 year All

12 announcementsExport CSV

22 Sept 2026, 4:26 pmCompany Update

Announcement Under Regulation 30(5)Of SEBI (Listing Obligations And Disclosures Requirements, Regulation, 2015.

General PDF

1 Sept 2026, 11:56 amCompany Update

Announcement under Regulation 30 (LODR)-Change in Management

Change in Management PDF

10 Aug 2026, 1:06 pmCompany Update

Announcement under Regulation 30 (LODR)-Newspaper Publication

Newspaper Publication PDF

7 Aug 2026, 6:28 pmCompany Update

Announcement under Regulation 30 (LODR)-Change in Management

Change in Management PDF

7 Aug 2026, 6:01 pmResult

Un-Audited Standalone Financial Results For The Quarter Ended 30Th June 2026

Financial Results PDF

7 Aug 2026, 5:55 pmBoard Meeting

Board Meeting Outcome for OUTCOME OF BOARD MEETING

Outcome of Board Meeting PDF

28 Jul 2026, 11:46 amBoard Meeting

Board Meeting Intimation for Intimation Of Board Meeting

Exchange filing PDF

24 Jul 2026, 1:50 pmCompany Update

Announcement under Regulation 30 (LODR)-Resignation of Company Secretary / Compliance Officer

Resignation of Company Secretary / Compliance Officer PDF

Date	Category	Subject	Filing
22 Sept 2026, 4:26 pm	Company Update General	Announcement Under Regulation 30(5)Of SEBI (Listing Obligations And Disclosures Requirements, Regulation, 2015.	PDF
1 Sept 2026, 11:56 am	Company Update Change in Management	Announcement under Regulation 30 (LODR)-Change in Management

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Ratio	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Margins
Gross margin %	—	—	38.8%	33.1%	32.5%	36.3%	38%	36%
EBITDA margin %	13.1%	15.5%	17.2%	12.3%	12.1%	12.5%	10.9%	8.4%
EBIT margin %	11.1%	13.8%	15.9%	11.2%	10.5%	11.1%	9.4%	6.9%
PAT margin %	7.2%	10%	10.9%	7.1%	6.4%	8.9%	7.5%	5%
Working capital
Receivable days	70	81	83	67	61	64	62	73
Inventory days	106	106	157	120	160	117	156	177
Payable days	61	46	60	47	59	37	51	78
NWC days	114	141	180	140	162	144	167	171
Leverage
Current ratio	1.65	2.54	2.37	2.52	2.61	4.33	3.91	2.71
Debt to EBITDA	1.28	0.53	0.79	0.82	0.7	0.17	0.14	1.56
Debt to equity	0.42	0.17	0.28	0.23	0.17	0.04	0.02	0.21
Interest coverage	—	8.3	13.3	11.7	10.7	19.7	30.7	15.2
Asset turnover	1.22	1.35	1.28	1.48	1.38	1.4	1.26	1.07
Return ratios
Return on assets %	8.7%	13.5%	13.9%	10.6%	8.9%	12.4%	9.4%	5.3%
Return on capital employed %	27%	29.5%	37.6%	27.2%	23.3%	21.2%	17.3%	11.2%
Return on equity %	17.8%	20.9%	22.6%	16.4%	13.3%	15.5%	11.9%	7.9%

₹ Cr	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	0	9	11	22	9	-1
	-4	-10	-5	-14	-2	-17
	-1	-1	-3	-3	-1	16
Net cash flow	-4	-2	3	5	6	-3
Free cash flow	-3	5	5	19	1	-17
CFO / Operating profit %	1.8%	58.3%	66.9%	136.7%	59.7%	-8.3%

B&A Packaging India Ltd

About

Quick read

Pros

Cons

Research score

Revenue & net profit

Margins

Peers

Financials

Ratios

Shareholding

F&O

Not in the F&O segment

Fund holders

No fund holdings on record

Documents

Announcements

Annual reports

Credit ratings

Events

12

1

Announcements

12

1

Not in the F&O segment

No fund holdings on record

Announcements

Annual reports

Credit ratings

Compounded sales growth

Compounded profit growth

Return on equity

B&A Packaging India Ltd

About

Quick read

Pros

Cons

Research score

Revenue & net profit

Margins

Peers

Financials

Profit & loss

Balance sheet

Ratios

Ratio timeline

Shareholding

Quarterly record

Bulk & block deals

Board and management

F&O

Not in the F&O segment

Fund holders

No fund holdings on record

Documents

Announcements

Annual reports

Credit ratings

Events

Dividends12

Board meetings1

Announcements

Ratio timeline

Dividends12

Board meetings1

Not in the F&O segment

Quarterly record

Bulk & block deals

Board and management

No fund holdings on record

Announcements

Annual reports

Credit ratings

Profit & loss

Balance sheet

Cash flow

Compounded returns

Compounded sales growth

Compounded profit growth

Return on equity

12

1

12

1