Raj Packaging Industries Ltd - Stock Valuation and Financial Performance

BSE: 530111 | NSE: | Plastic Products | Small Cap

Raj Packaging Inds Share Price

27.58 -0.48 -1.71%
as on 19-Apr'24 12:37

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Raj Packaging Industries stock performance -

mw4me loader
P/E Ratio (SA):
0.00
Market Cap:
12.8 Cr.
52-wk low:
22.6
52-wk high:
59

Is Raj Packaging Industries Ltd an attractive stock to invest in?

1. Is Raj Packaging Industries Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Raj Packaging Industries Ltd is a average quality company.

2. Is Raj Packaging Industries Ltd undervalued or overvalued?

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

3. Is Raj Packaging Industries Ltd a good buy now?

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

10 Year X-Ray of Raj Packaging Inds:

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.
Raj Packaging Industries Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Value Creation Index Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
ROCE % 10.6%9.8%9.7%9.6%9.5%2.6%4.8%11.1%11%-0.5%-
Value Creation
Index
-0.2-0.3-0.3-0.3-0.3-0.8-0.7-0.2-0.2-1.0-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 454738.938.638.334.334.140.450.746.933
Sales YoY Gr.-4.4%-17.2%-0.8%-0.8%-10.6%-0.6%18.5%25.5%-7.5%-
Adj EPS 21.61.82.22.6-0.50.744.3-1.1-3
YoY Gr.--20.7%16.6%18%18.1%-117.7%NA518.5%7.2%-124.6%-
BVPS (₹) 18.219.621.123.325.424.525.229.433.532.229.6
Adj Net
Profit
0.90.70.811.2-0.20.31.82-0.5-1
Cash Flow from Ops. 22.42.91.33.92.23.11.81.14.6-
Debt/CF from Ops. 5.13.62.66.41.8634.77.10.8-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 0.5%4.1%11.2%-7.5%
Adj EPS -193.3%-183.9%-217.7%-124.6%
BVPS6.5%4.9%8.5%-3.9%
Share Price 2.3% 0.4% 22.4% -47.9%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
11.68.499.710.5-1.82.614.813.7-3.2-9.6
Op. Profit
Mgn %
6.87.688.37.74.67.210.58.11.2-2.2
Net Profit
Mgn %
1.91.52.22.63-0.60.94.63.9-1-4.1
Debt to
Equity
1.310.80.80.61.20.80.60.50.3-
Working Cap
Days
10911513415516518016714413813975
Cash Conv.
Cycle
636476959410010510510210250

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 11.21%

Return on Equity is Poor

Sales growth is not so good in last 4 quarters at -36.63%

Latest Financials - Raj Packaging Industries Ltd.

Standalone Consolidated
TTM EPS (₹) -3 -
TTM Sales (₹ Cr.) 32.7 -
BVPS (₹.) 29.6 -
Reserves (₹ Cr.) 9 -
P/BV 0.95 -
PE 0.00 -
From the Market
52 Week Low / High (₹) 22.55 / 58.99
All Time Low / High (₹) 1.00 / 203.90
Market Cap (₹ Cr.) 12.8
Equity (₹ Cr.) 4.6
Face Value (₹) 10
Industry PE 36

Management X-Ray of Raj Packaging Inds:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Raj Packaging Inds

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Sales45.0146.9838.9238.6138.3134.2734.0840.3850.6746.88
Operating Expenses 41.9743.4335.8335.4135.3632.6831.6336.1446.5446.36
Manufacturing Costs3.183.092.962.8032.862.933.683.734.14
Material Costs34.8136.6129.3130.5430.0927.4326.0729.4839.6438.82
Employee Cost 0.980.991.221.371.561.761.972.032.372.55
Other Costs 32.752.340.700.720.630.660.950.800.85
Operating Profit 3.043.553.103.202.941.592.454.244.130.52
Operating Profit Margin (%) 6.8%7.6%8.0%8.3%7.7%4.6%7.2%10.5%8.1%1.1%
Other Income 0.050.190.250.090.100.110.210.080.230.33
Interest 1.401.491.181.050.881.081.110.730.720.54
Depreciation 0.650.690.660.660.680.841.040.960.970.98
Exceptional Items 0000000000
Profit Before Tax 1.041.571.501.571.48-0.220.502.642.67-0.68
Tax 0.150.740.510.540.28-0.060.180.760.62-0.18
Profit After Tax 0.890.840.991.041.21-0.160.321.882.05-0.50
PAT Margin (%) 2.0%1.8%2.5%2.7%3.2%-0.5%0.9%4.7%4.0%-1.1%
Adjusted EPS (₹)2.01.82.22.32.7-0.30.74.14.5-1.1
Dividend Payout Ratio (%)0%27%23%22%19%0%0%12%11%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23

Equity and Liabilities

Shareholders Fund 88.949.6510.6511.6011.1811.5013.4215.2914.70
Share Capital 4.394.574.574.574.574.574.574.574.574.57
Reserves 3.614.375.086.087.036.626.938.8510.7210.13
Minority Interest0000000000
Debt9.568.557.248.227.0312.028.547.0173.28
Long Term Debt2.222.402.050.690.684.944.464.322.982.13
Short Term Debt7.346.155.187.536.357.074.092.694.021.16
Trade Payables3.653.363.052.653.431.992.232.544.132.48
Others Liabilities 2.542.171.662.142.573.472.273.132.871.65
Total Liabilities 23.7423.0121.6123.6724.6228.6624.5326.1029.2922.12

Fixed Assets

Gross Block14.479.289.619.499.9015.8616.3616.5816.7616.83
Accumulated Depreciation7.322.893.554.214.895.736.777.738.709.69
Net Fixed Assets7.156.396.065.275.0110.139.588.858.067.15
CWIP 00000.1500000
Investments 0.010.010.010.010.020.020.010.030.030.04
Inventories2.962.643.033.033.604.834.154.296.116.16
Trade Receivables10.8910.229.8210.429.246.628.5111.5213.497.05
Cash Equivalents 0.040.170.051.162.092.050.130.130.140.23
Others Assets2.703.582.643.764.525.012.151.291.471.50
Total Assets 23.7423.0121.6123.6724.6228.6624.5326.1029.2922.12

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity 2.032.352.851.293.902.163.061.761.134.61
PBT 1.041.571.501.571.48-0.220.502.642.67-0.68
Adjustment 1.942.041.901.741.541.862.141.861.471.33
Changes in Working Capital -0.87-0.68-0.13-1.411.331.050.53-2.51-2.34.14
Tax Paid -0.07-0.59-0.42-0.61-0.45-0.53-0.11-0.23-0.72-0.20
Cash Flow From Investing Activity -0.20-0.08-0.32-0.03-0.53-5.75-0.48-0.28-0.080.13
Capex -0.25-0.01-0.35-0.05-0.56-5.78-0.49-0.30-0.09-0.08
Net Investments 0000000000
Others 0.06-0.070.030.020.030.020.020.010.010.21
Cash Flow From Financing Activity -1.96-2.24-2.55-0.26-2.353.57-4.58-1.48-1.06-4.74
Net Proceeds from Shares 0.400.3200000000
Net Proceeds from Borrowing -0.9800-1.36-0.014.02-0.49-0.14-1.33-0.86
Interest Paid -1.37-1.56-1.24-0.98-0.88-0.90-1.10-0.73-0.72-0.54
Dividend Paid 000-0.28-0.28-0.280000
Others 0-1.01-1.312.35-1.180.72-2.99-0.610.99-3.34
Net Cash Flow -0.120.03-0.021.011.02-0.03-2000
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)12.219.8710.6410.210.87-1.362.8115.0914.27-3.33
ROCE (%)13.9717.0515.5814.6612.64.037.2315.9215.04-0.66
Asset Turnover Ratio2.232.251.951.711.591.291.281.61.831.82
PAT to CFO Conversion(x)2.282.82.881.243.22N/A9.560.940.55N/A
Working Capital Days
Receivable Days69738496948481919080
Inventory Days20192429324548383748
Payable Days32354034373630303131

Raj Packaging Industries Ltd Stock News

Raj Packaging Industries Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Raj Packaging Inds on 19-Apr-2024 12:37 is ₹27.58.
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 19-Apr-2024 12:37 the market cap of Raj Packaging Inds stood at ₹12.82.
The latest P/E ratio of Raj Packaging Inds as of 19-Apr-2024 12:37 is 0.00.
The latest P/B ratio of Raj Packaging Inds as of 19-Apr-2024 12:37 is 0.95.
The 52-week high of Raj Packaging Inds is ₹58.99 and the 52-week low is ₹22.55.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Raj Packaging Inds is ₹32.70 ( Cr.) .

About Raj Packaging Industries Ltd

Raj Packaging Industries incorporated in June 1987, is a pioneer in Multilayer Co-extruded Packaging film in southern India and is one of the largest suppliers of Multilayer films. The company is equipped with three advanced film lines using sophisticated technology from Paul Kiefel, Germany, ensures consistently good quality film for wide variety of applications.

The company Raj Packaging Industries was converted into a public limited company in May 1992 and changed the name as Raj Packaging Industries Ltd. The company commenced its commercial production in June 1989 by installing very sophisticated, imported co-extrusion machines from M/s Paul Kiefel, Gmbh of Germany. The installed capacity was 600 MTs. p.a and soon achieved this full capacity utilization. The company had gone for expansion and put up another plant in the year 1995. The company has added another co-extrusion machine in the year 2005. Today, the company has a total capacity of 2400 Mts. p.a consisting of two three layer machines and one five layer machine.

Raj Packaging has more than 18 years of experience and is able to provide wide variety of films for various specialized applications. The company is providing comprehensive solutions to meet the various packaging needs of the customers.

Raj Packaging Industries Ltd. is engaged in manufacturing of multilayer co-extruded plastic film, a packaging product. It is medium scale manufacturing unit part of plastic packaging industry. It is a public limited company having its shares listed at Mumbai & Hyderabad stock exchanges. Its corporate office is in Hyderabad and manufacturing unit near Hyderabad. The company is managed by Managing Director under guidance and supervision of Board of Directors consisting of professional and seasoned personalities. The company is a leading manufacture of co extruded film for edible oil packaging. Film made on sophisticated plant & machinery with the use of new age advance raw material offers High seal strength, good hot tack properties combined with excellent dart impact to with stand the rigors of transportation. That is why company is able to supply its film to almost all the oils packers in the state of AP.

Product range of the company includes:

The company is engaged in manufacturing of co-extruded multilayer plastic film Three layer as well as five layers and having printing facilities too.

Multilayer films as name suggests is a combination of various materials manufactured by the process known as Blown film co-extrusion into one homogenous film but with distinct individual character.

Some of end uses of the product are:

  • Edible Oil Packing
  • Vanaspati
  • Milk, Curd and Butter milk
  • Lamination Film
  • Salt, Atta, etc.
  • Shrink Film, Stretch Film, Cling Film 

The company is a leading manufacture of co extruded film for edible oil packaging. Film made on sophisticated plant & machinery with the use of new age advance raw material offers high seal strength, good Hot tack properties combined with excellent dart impact to withstand the vigorous of transportation. That is why company is able to supply its film to almost all the oils packers in the state of AP one or other time.

Three layer films which company provides is structured with combination of polymers like LDPE/LLDPEm/HDPE/HMHDPE/IONOMER.

Raj Packaging offers lamination film with tight tolerances for specific end use applications with desired properties enabling them to find value for the their laminates particularly in respect of COF and Bonding strength simultaneously giving excellent seal property.

The company is one of the first in manufacturing FIVE LAYER co-extruded barrier film with Nylon or EVOH as barrier material. The versatility of our Five Layer equipment enables us to make a barrier film with excellent range of properties suitable for a wide variety of applications.

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