Raj Packaging Industries Ltd (RAJPACK)

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Raj Packaging Industries Ltd (RAJPACK) · mywealthgrid

About

Raj Packaging Industries Ltd operates in Packaging within the Industrials sector.

Face value: ₹10

Market cap

₹15 Cr

P/E

8.2×

P/B

1.2×

Dividend yield

ROE

2.7%

ROCE

5.7%

Debt / equity

0.29

OPM

4.2%

EPS (TTM)

₹4.1

Book value

₹28.3

52-week high

—

52-week low

—

1,951 historical price candles were omitted because the exchange source has not been verified.

₹33.6-6.6%1Y

Quick read

rule-based

Pros

No positive flags triggered.

Cons

−Low return on equity of -4.3% (3-yr avg)
−Thin operating margin of 4.2%
−Profit declined 28.6% a year over the last 5 years
−Revenue shrank over the last 5 years (-4.1% a year)

Research score

Structured signal from quality, growth, valuation and momentum.

62/100

Business quality: 19
Growth: 67
Valuation: 99

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

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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
	37	39	39	34	34	40	51	47	30	30	33
COGS	-29	-31	-30	-27	-26	29	40	39	24	24	25
Gross profit	—	—	—	—	—	11	11	8	6	7	8
	64	67	67	61	58	7	7	8	7	7	7
	3	3	3	1	2	4	4	1	-1	0	1
OPM %	7.5%	6.7%	7%	3.4%	7%	10.5%	8.2%	1.1%	-2.2%	0%	4.2%
Depreciation	—	—	—	—	1	1	1	1	1	1	1
Interest	1	1	1	1	1	1	1	1	0	0	0
	0	0	0	0	0	0	0	0	0	0	0
Profit before tax	2	2	1	-0	1	3	3	-1	-2	-1	0
Tax	1	1	0	-0	0	1	1	-0	-0	-0	0
Tax %	34%	34%	17.5%	-27.3%	38%	28.8%	23.2%	-26.5%	-25.3%	-24.2%	25.5%
	1	1	1	-0	0	2	2	-1	-1	-1	0
PAT margin %	2.7%	2.6%	3.1%	-0.5%	0.9%	4.7%	4.1%	-1.1%	-4.7%	-2.4%	1.1%
EPS (₹)	2.2	2.2	1.9	-0.3	0.7	4.1	—	—	—	—	0.8
EPS adjusted (₹)	—	—	—	—	—	4.1	4.5	-1.1	-3.1	-1.6	0.8
	23.1%	22.8%	25.9%	—	0%	12.2%	—	—	—	—	—
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	—

₹ Cr	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity capital	5	5	5	5	5	5
Reserves	9	11	10	9	8	8
	8	8	4	3	5	4
	4	5	3	2	2	3
Total equity & liabilities	26	29	22	18	19	20
	9	8	7	6	6	5
CWIP	—	—	—	—	—	0
Investments	0	0	0	0	0	0
	17	21	15	12	14	14
Total assets	26	29	22	18	19	20

₹ Cr	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	4	2	3	2	1	5	1	-2	2
	-1	-6	-0	-0	-0	0	-0	-0	0
	-2	4	-5	-1	-1	-5	-1	2	-2
Net cash flow	1	-0	-2	0	0	0	0	0	0
Free cash flow	3	-4	3	1	1	5	1	-2	2
CFO / Operating profit %	141.3%	186.2%	127.5%	41.4%	26.9%	886.5%	—	—	118.8%

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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 %	—	—	27%	21.8%	17.2%	20.3%	21.5%	25.3%
EBITDA margin %	3.4%	7%	10.5%	8.2%	1.1%	-2.2%	0%	4.2%
EBIT margin %	3.4%	4%	8.1%	6.2%	-1%	-5.5%	-1.8%	2.5%
PAT margin %	-0.5%	0.9%	4.7%	4.1%	-1.1%	-4.7%	-2.4%	1.1%
Working capital
Receivable days	—	—	104	97	55	78	86	80
Inventory days	—	—	53	56	58	67	81	90
Payable days	—	—	31	38	23	20	22	34
NWC days	—	—	126	115	89	125	145	136
Leverage
Current ratio	—	—	2.37	2.12	3.24	4.21	3.16	2.84
Debt to EBITDA	—	—	1.95	1.93	7.29	—	498	2.7
Debt to equity	—	—	0.62	0.52	0.26	0.22	0.39	0.29
Interest coverage	1.2	1.4	4.6	4.7	-0.2	-3.6	-1.1	2.2
Asset turnover	—	—	1.57	1.76	2.14	1.66	1.57	1.68
Return ratios
Return on assets %	—	—	7.3%	7.1%	-2.3%	-7.8%	-3.7%	1.8%
Return on capital employed %	—	—	18%	17.9%	-0.7%	-9.1%	-3.2%	5.7%
Return on equity %	—	—	14%	13.4%	-3.4%	-10.7%	-5.7%	2.7%

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
	32.59%	32.66%	36.11%	36.11%	36.11%	36.13%	36.13%	36.13%	36.15%	36.18%	36.18%	36.18%
FII	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
DII	0.01%	0.01%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
	67.4%	67.33%	63.89%	63.89%	63.89%	63.87%	63.87%	63.87%	63.85%	63.82%	63.82%	63.82%
No. of shareholders	—	—	—	—	—	—	—	—	2,612	2,417	2,415	2,404

Promoter holding up 3.59 percentage points since Sep 2023.

83 deals · 31 Oct 2022 – 24 Nov 2025

Date	Client	Type	Venue	Side	Quantity	Price	Value
24 Nov 2025	CHETANYA SECURITIES PRIVATE LIMITED	Bulk	BSE	Sell	30,000	₹43.89	₹0.13 Cr
24 Nov 2025	HIGHLINE FINANCE & INVESTENTS PRIVATE LIMITED	Bulk	BSE	Buy	30,000	₹43.89	₹0.13 Cr
21 Nov 2025	HIGHLINE FINANCE & INVESTENTS PRIVATE LIMITED	Bulk	BSE	Buy	30,000	₹44.00	₹0.13 Cr
21 Nov 2025	CHETANYA SECURITIES PRIVATE LIMITED	Bulk	BSE	Sell	30,000	₹44.00	₹0.13 Cr
13 Oct 2025	NARENDRA VENIGOTA	Bulk	BSE	Buy	75,820	₹41.83	₹0.32 Cr
13 Oct 2025	NIRMALKUMAR	Bulk	BSE	Sell	46,628	₹41.00	₹0.19 Cr
13 Oct 2025	NIRMALKUMAR	Bulk	BSE	Buy	10	₹41.20	₹0.00 Cr
8 Oct 2025	NIRMALKUMAR	Bulk	BSE	Buy	43,000	₹39.37	₹0.17 Cr
25 Sept 2025	GOPAL KRISHNAMURTHY P	Bulk	BSE	Sell	27,000	₹36.74	₹0.10 Cr
24 Sept 2025	VINODKUMAR OHRI	Bulk	BSE	Buy	48,707	₹32.12	₹0.16 Cr

1–10 of 83

1 / 9

Prem Chand KankariaManaging Director
Ms. Neepa KankariaWhole Time Director
M NarsimhaChief Financial Officer
Mr. K K MaheshwariNon-Executive Independent Director
Pushp Raj SinghviDirector
Mr. Chandra Shekhar AgrawalNon - 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 Raj Packaging Industries 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

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

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Events

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

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Announcements

Latest exchange announcements, filings and downloadable documents.

1 month 3 months 6 months 1 year All

5 announcementsExport CSV

29 Sept 2026, 5:52 pmAGM/EGM

Shareholder Meeting / Postal Ballot-Scrutinizer''s Report

AGM PDF

28 Sept 2026, 1:33 pmCompany Update

Intimation Under Regulation 30 Of SEBI (LODR) Regulations, 2015 - Update On GST

General PDF

28 Sept 2026, 1:26 pmAGM/EGM

Shareholder Meeting / Postal Ballot-Outcome of AGM

AGM PDF

4 Sept 2026, 4:57 pmOthers

Reg. 34 (1) Annual Report.

Reg. 34 (1) Annual Report PDF

4 Sept 2026, 4:52 pmAGM/EGM

Notice Of The 39Th Annual General Meeting Of The Company To Be Held On Monday, 28Th, September, 2026 At 11.30 A.M. Through Video Conferencing Or Other Audio Visual Means

AGM PDF

Date	Category	Subject	Filing
29 Sept 2026, 5:52 pm	AGM/EGM AGM	Shareholder Meeting / Postal Ballot-Scrutinizer''s Report	PDF
28 Sept 2026, 1:33 pm	Company Update General	Intimation Under Regulation 30 Of SEBI (LODR) Regulations, 2015 - Update On GST	PDF

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Ratio	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Margins
Gross margin %	—	—	27%	21.8%	17.2%	20.3%	21.5%	25.3%
EBITDA margin %	3.4%	7%	10.5%	8.2%	1.1%	-2.2%	0%	4.2%
EBIT margin %	3.4%	4%	8.1%	6.2%	-1%	-5.5%	-1.8%	2.5%
PAT margin %	-0.5%	0.9%	4.7%	4.1%	-1.1%	-4.7%	-2.4%	1.1%
Working capital
Receivable days	—	—	104	97	55	78	86	80
Inventory days	—	—	53	56	58	67	81	90
Payable days	—	—	31	38	23	20	22	34
NWC days	—	—	126	115	89	125	145	136
Leverage
Current ratio	—	—	2.37	2.12	3.24	4.21	3.16	2.84
Debt to EBITDA	—	—	1.95	1.93	7.29	—	498	2.7
Debt to equity	—	—	0.62	0.52	0.26	0.22	0.39	0.29
Interest coverage	1.2	1.4	4.6	4.7	-0.2	-3.6	-1.1	2.2
Asset turnover	—	—	1.57	1.76	2.14	1.66	1.57	1.68
Return ratios
Return on assets %	—	—	7.3%	7.1%	-2.3%	-7.8%	-3.7%	1.8%
Return on capital employed %	—	—	18%	17.9%	-0.7%	-9.1%	-3.2%	5.7%
Return on equity %	—	—	14%	13.4%	-3.4%	-10.7%	-5.7%	2.7%

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

Raj Packaging Industries 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

Events

Announcements

Not in the F&O segment

No fund holdings on record

Announcements

Annual reports

9

1

Compounded sales growth

Compounded profit growth

Return on equity

Raj Packaging Industries Ltd

About

Quick read

Pros

Cons

Research score

Revenue & net profit

Margins

Peers

Financials

Profit & loss

Balance sheet

Cash flow

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

Events

Announcements

Ratio timeline

Not in the F&O segment

No fund holdings on record

Announcements

Annual reports

Quarterly record

Bulk & block deals

Board and management

Dividends9

Board meetings1

Profit & loss

Balance sheet

Cash flow

Compounded returns

Compounded sales growth

Compounded profit growth

Return on equity

9

1