SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Kahan Packaging Ltd (543979)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 543979 NSE: Packaging | Small Cap | Kahan Packaging Share Price

₹40 0.00 (0.00%)

As on 12-Jun'26 16:59

Kahan Packaging Ltd (543979)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 543979 NSE: Packaging | Small Cap | Kahan Packaging Share Price

₹40 0.00 (0.00%)

As on 12-Jun'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹11 Cr.
Current Price
₹40
52-Week Low / High
₹38 / 65
TTM EPS
₹4.3
TTM Sales
₹30.4 Cr.
Book Value per Share
₹40.5
P/E Ratio
9.30
Lower than its 5-year historical median
Industry PE
20.5
Price to Book (P/B)
0.99
Lower than its 5-year historical median
Price to Sales (P/S)
0.36
Lower than its 5-year historical median
EV/EBITDA
6.08
Lower than its 5-year historical median
Dividend Yield
0%
Profitability Efficiency
Return on Equity (ROE)
12.06%
Underperforms industry median
Return on Capital Employed (ROCE)
14.25%
Outperforms industry median
Return on Assets (ROA)
5.49%
Operating Profit Margin
9.5%
Net Profit Margin
3.95%
Gross Profit Margin
7%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Slowing versus 3-year growth rate
14.94%
Operating Profit Growth (1 Year)
Slowing versus 3-year growth rate
13.92%
Net Profit Growth (1 Year)
Slowing versus 3-year growth rate
12%
Asset Quality
Promoter Holding
73.49%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹8 Cr.
Equity
₹2.7 Cr.
Face Value
₹10
All Time Low / High
₹37.50 / 175.95

Kahan Packaging stock performance

Key Ratios
mw4me loader

Check Before You Invest

M-Cap below 100cr DeciZen not available

Q.1 Is Kahan Packaging Ltd a good quality company?
Kahan Packaging Ltd is a quality company, based on a multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

How does Kahan Packaging Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Kahan Packaging Ltd vs industry peers?
Kahan Packaging Ltd revenue CAGR is 15.91%, compared to the industry median CAGR of 1.27%, indicating faster growth and gaining its market share.
Q.1 Promoter shareholding and pledge status of Kahan Packaging Ltd?
Promoters hold 73.49% of the Kahan Packaging Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Kahan Packaging Ltd over the last decade?
Over the last 1 year(s), the stock has delivered a CAGR of -40.85% based on the current price.

10 Year X-Ray :

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Kahan Packaging Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
ROCE % 10.6%11.2%12.8%22%16.6%14.3%-
Value Creation
Index
-0.2-0.2-0.10.60.20.0-

Growth Parameters

Sales 13.612.115.920.724.728.430
Sales YoY Gr.--10.7%31%30.2%19.5%14.9%-
Adj EPS 0.10.21.910.33.74.24.3
YoY Gr.-45.5%1106.3%431.1%-64.1%12.8%-
BVPS (₹) 4.85721.932.136.240.5
Adj Net
Profit
000.2111.11
Cash Flow from Ops. -0.40.9-1.30.5-0.91.4-
Debt/CF from Ops. -12.64.7-4.914.6-6.95.8-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales NA15.9%21.4%14.9%
Adj EPS NA106.7%29.1%12.8%
BVPSNA49.7%73.4%12.9%
Share Price - - - -37.5%

Key Financial Parameters

Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
2.23.232.47118.312.211.2
Op. Profit
Mgn %
4.76.45.8109.69.5NAN
Net Profit
Mgn %
0.10.11.254.143.9
Debt to
Equity
10.28.98.93.50.70.8-
Working Cap
Days
01621221371641580
Cash Conv.
Cycle
0213765881080

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Sales13.5712.1215.8820.6724.7028.39
Operating Expenses + 12.9411.3414.9618.6122.3325.69
Manufacturing Costs1.040.911.281.531.461.53
Material Costs11.279.9012.7215.8019.5421.49
Employee Cost 0.260.290.300.230.210.54
Other Costs 0.370.240.661.051.122.13
Operating Profit 0.630.780.922.062.372.70
Operating Profit Margin (%) 4.6%6.4%5.8%10.0%9.6%9.5%
Other Income + 0.010.010.030.040.060.13
Exceptional Items 000-0.0300
Interest 0.430.500.510.570.730.84
Depreciation 0.070.210.200.230.350.49
Profit Before Tax 0.140.070.251.281.351.50
Tax 0.130.060.050.270.350.38
Profit After Tax 0.010.020.20111.12
PAT Margin (%) 0.1%0.1%1.3%4.9%4.1%4.0%
Adjusted EPS (₹)0.10.22.010.03.74.1
Dividend Payout Ratio (%)0%0%0%0%0%0%

Valuation of Kahan Packaging - Standalone

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

mw4me loader

Analyst's Notes

data not found
No data found!

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'20Mar'21Mar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund + 0.480.500.702.198.739.86
Share Capital 0.500.500.5012.722.72
Reserves -0.02-00.201.196.017.14
Debt +3.793.275.327.085.356.84
Long Term Debt3.252.792.574.262.861.93
Short Term Debt0.550.482.762.822.494.91
Minority Interest000000
Trade Payables4.863.852.614.453.822.63
Others Liabilities 1.331.381.131.221.751.82
Total Liabilities 10.478.999.7614.9519.6621.15

Fixed Assets

Net Fixed Assets +4.153.983.794.816.588.56
Gross Block4.384.424.435.677.7910.26
Accumulated Depreciation0.230.450.640.871.221.70
CWIP 000000
Investments 0.140.140.150.320.330.36
Inventories2.322.432.645.945.915.66
Trade Receivables3.492.352.973.346.186.14
Cash Equivalents 0.230.060.050.040.350.05
Others Assets 0.130.030.160.510.320.38
Total Assets 10.478.999.7614.9519.6621.15

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity + -0.390.94-1.250.53-0.911.37
PBT 0.140.070.251.281.351.50
Adjustment 0.490.700.680.790.991.25
Changes in Working Capital -0.990.16-2.18-1.52-3.08-1.01
Tax Paid -0.0200-0.01-0.18-0.38
Cash Flow From Investing Activity + -1.04-0.13-0.02-1.40-2.14-2.49
Capex -0.91-0.04-0.01-1.24-2.12-2.47
Net Investments -0.14-0.01-0.01-0.16-0.02-0.02
Others 0.01-0.08-0000
Cash Flow From Financing Activity + 1.51-0.991.250.873.360.82
Net Proceeds from Shares 0.450005.540
Net Proceeds from Borrowing -0.18-0.46-0.221.57-1.40-0.93
Interest Paid -0.42-0.50-0.49-0.57-0.65-0.76
Dividend Paid 000000
Others 1.66-0.031.96-0.14-0.142.51
Net Cash Flow 0.08-0.18-0.01-00.31-0.30

Financial Ratio

PARTICULARSMar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)2.183.2133.1569.5218.3412.06
ROCE (%)10.6411.1712.7721.9716.614.25
Asset Turnover Ratio1.31.251.691.671.431.39
PAT to CFO Conversion(x)-3947-6.250.53-0.911.22
Working Capital Days
Receivable Days93.908861.2055.7070.3079.20
Inventory Days62.5071.7058.3075.8087.6074.40
Payable Days157.40160.6092.7081.5077.3054.80

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Kahan Packaging Ltd FAQs

The current trading price of Kahan Packaging on 12-Jun-2026 16:59 is ₹40.00.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 11-Jun-2026 the market cap of Kahan Packaging stood at ₹10.88 Cr

The latest P/E ratio of Kahan Packaging as of 11-Jun-2026 is 9.30.

The latest P/B ratio of Kahan Packaging as of 11-Jun-2026 is 0.99.

The 52-week high of Kahan Packaging is ₹65.00 and the 52-week low is ₹37.50.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Kahan Packaging is ₹30.38 ( Cr.) .

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Kahan Packaging Ltd is a below average quality company.

The key valuation ratios of Kahan Packaging Ltd's currently when compared to its past seem to suggest it is in the Undervalued zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Kahan Packaging Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

About Kahan Packaging Ltd

Kahan Packaging was originally incorporated as a public limited company under the name and style of ‘Kahan Packaging Limited’ at Maharashtra, Mumbai, under the provisions of the Companies Act, 1956 vide Certificate of Incorporation dated February 19, 2013 issued by the Registrar of Companies, Maharashtra, Mumbai. It commenced commercial operations pursuant to a Certificate of Commencement of Business dated March 14, 2013 issued by the Registrar of Companies, Maharashtra, Mumbai.

The company started its operations in the year 2016, since then has been in the business of manufacturing and supply of Polypropylene (PP)/ High Density Polyethylene (HDPE) Woven Fabric- Laminated, HDPE/PP woven sacks, Woven Fabric- Un-Laminated, PP Woven Bag, PP Woven Bag with Liner, Printed Laminates for Flexible Packaging, woven polymer based products of different weight, sizes and colors as per customer’s specifications. It offers customized bulk packaging solutions to business-to-business (B2B) manufacturers catering to different industries such as Agro Pesticides Industry, Cement Industry, Chemical Industry, Fertilizer Industry and Food Products Industry. 

HDPE/PP are two commonly used materials in the bulk packaging industry due to benefits which includes durability, lightweight, versatility, recyclability, chemical resistance, moisture resistance, cost-effective, high tear resistance which has lower carbon footprint during transportation due to its lightweight nature. Over the years, it has made investments, from time to time, in its manufacturing infrastructure to support its product portfolio requirements. 

All Its products are manufactured in-house at its manufacturing units located Thane, Maharashtra, which enables it to have an effective control over the manufacturing process, to ensure consistent quality of its products and minimizing production time and bringing cost effectiveness. The manufacturing units of the company are constructed on well-developed land. Its manufacturing unit is strategically located at Thane providing it with strategic and operational advantages and has a modern technology and testing equipment’s with supporting environment and facilities, to ensure that the products conform to the pre-determined standards.

Business area of the company

The company has been in the business of manufacturing and supply of Polypropylene (PP)/ High Density Polyethylene (HDPE) Woven Fabric- Laminated, HDPE/PP woven sacks, Woven Fabric- Un-Laminated, PP Woven Bag, PP Woven Bag with Liner, Printed Laminates for Flexible Packaging, woven polymer based products of different weight, sizes and colors as per customer’s specifications.

Products of the company 

  • PP/HDPE woven fabric-unlaminated
  • PP woven bag
  • PP/HDPE woven fabric-laminated
  • PP woven bag with liner 
  • Printed laminates for flexible packaging

History and milestones 

  • 2013: Incorporation of the company.
  • 2016: Commencement of commercial production of woven fabrics on rented premise at Factory-I.
  • 2018-19: Acquired Factory -I from Ashhapura Poly Mills Ltd and executed sale agreement.
  • 2022-23: Establishment of additional manufacturing Factory –II.
  • 2022-23: Introduction of new product category being printed laminates for flexible packaging.

You have 2 views remaining as a Guest User. To get DeciZen Rating of 3,500+ Stocks based on their Quality, Valuation and Price Trend Login Now

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through: