Materials / Plastic Products

Rajshree Polypack Ltd

₹00.1745

RPPL

Company Overview

Rajshree Polypack Ltd is a prominent player in the plastic packaging industry, specializing in manufacturing and trading plastic packaging products. The company was originally formed as a Partnership Firm under the name M/s Rajshree Industries in 2003, and later converted into a Private Limited Company in 2011, and subsequently into a Public Limited Company named "Rajshree Polypack Limited" in 2017. The company operates through its two manufacturing units. Rajshree Polypack Ltd is listed and trades on the NSE stock exchange under the ticker symbol RPPL, and also as RAJH on some platforms.

Business Segments and Product Portfolio

Rajshree Polypack specializes in manufacturing and trading plastic packaging products with a diverse portfolio designed to serve various industries. Its product categories include:

- Barrier Packaging: Packaging that locks in freshness by blocking moisture, air, and contaminants.

- Rigid Packaging: Durable, structured packaging that protects products and maintains shape during handling and storage.

- Plastic Rigid Sheets: Sturdy, versatile sheets used in form-fill-seal (FFS) processes and other durable packaging applications.

- Injection Moulding: A process to manufacture precise, high-quality plastic parts by injecting molten material into a mould.

The company's comprehensive product range includes sealing and lidding laminates, plastic rigid sheets for various applications (PP/APET/GPET/HIPS for FFS, etc.), rigid packaging products, barrier packaging products, polypropylene and polyethylene terephthalate sheets, high impact polystyrene sheets, and laminated sheets for PBL tubes. It also offers packaging solutions for beverages, juice, water, MAP and retort/semi-retort packaging, food service, frozen food, fruits, vegetables, salad, confectionery, as well as injection moulded containers, and soufflé/portion cups.

Market Position and Financial Performance

Rajshree Polypack Ltd (RPPL) has a market capitalization of ₹198.83 Cr as of July 2nd, 2025, classifying it as a small-cap company within the Materials sector, specifically the Plastic Products sub-sector.

The company's financial performance for FY25 showed mixed results. For the full year ended March 2025, net profit declined by 7.87% to Rs 7.96 crore, compared to Rs 8.64 crore in the previous year. However, sales rose by 20.17% to Rs 329.74 crore in FY25, up from Rs 274.39 crore in FY24.

The company demonstrated strong quarterly performance in Q4 FY25. Net profit increased by 79.80% to Rs 3.65 crore for the quarter ended March 2025, compared to Rs 2.03 crore in the same quarter last year. Sales also rose by 29.81% to Rs 90.05 crore in Q4 FY25, from Rs 69.37 crore in Q4 FY24. In contrast, Q3 FY25 reported a net loss of Rs 0.94 crore, compared with a net profit of Rs 2.55 crore in Q3 FY24, despite sales increasing by 12.16% to Rs 72.70 crore in the quarter ended December 2024.

Key Financial Metrics

- Market Cap: ₹198.83 Cr (as of July 2, 2025)

- Valuation Ratios: P/E Ratio of 24.95, P/B Ratio of 1.30.

- Debt Levels: Debt-to-Equity ratio of 10%, indicating a healthy balance sheet.

- Profitability & Growth: Low Return on Equity (ROE) of 6.44% over the last 3 years, with a fair ROE of 5% for the current period. Annual revenue growth stands at a good 9%. Pre-tax margin of 4% requires improvement.

- Contingent Liabilities: Rs. 114 Cr.

- Promoter Holding: Decreased by 7.98% over the last 3 years, but recent data shows an increase to 44.26% as of March 2025 from 44.11% as of June 2024.

- FY25 Performance: Net Sales of ₹329.74 crore, Net Profit of ₹7.96 crore.

- Q4 FY25 Performance: Net Sales of ₹90.05 crore, Net Profit of ₹3.65 crore.

Recent Business Developments

The company has been actively securing new orders to drive growth:

- July 21, 2025: Secured a USD 0.40 Mn international repeat order for Injection Moulding products (delivery by August 2025).

- July 15, 2025: Secured a ₹1.37 Cr repeat order for Plastic Rigid Sheets from a domestic subsidiary (delivery by July 2025).

- Earlier in the year: Secured significant orders including two international orders worth Rs 6.54 crore from a US food packaging distributor and a Rs 4.76 crore order for customized packaging products from a leading food and beverage brand.

Stock Performance and Trading Range

The stock has shown significant volatility with the following performance indicators:

- 52-Week High: ₹48.50

- 52-Week Low: ₹19.56

- Recent Momentum:

- Last 1 Month: Share price moved up by 175.52% on NSE.

- Last 3 Months: Share price moved up by 239.46% on NSE.

- Last 12 Months: Share price moved up by 103.80% on NSE.

Rajshree Polypack has 584 employees and continues to focus on expanding its market presence in both domestic and international markets through its diverse product offerings and strategic order acquisitions in the plastic packaging industry.