Manufactures laminates, tubes, multilayer films, and flexible packaging products from a base in Gujarat, with a plant at Moti-Bhoyan. The company began commercial production from a new tubing machine installed at the Moti-Bhoyan plant in June 2026, adding capacity to an existing line. Materials are the largest cost component at 57.6% of revenue, followed by other operating expenses at 16.4% and employee costs at 11.2%. Depreciation accounts for 4.0% of revenue and capex 6.7% of revenue in FY26, pointing to ongoing reinvestment in manufacturing equipment. EBITDA margin for the year stood at 18.46%, and net profit was Rs 24.76 crore. The business is an ISO-certified industrial manufacturer classified under the packaging industry. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Laminates, Tubes, Multilayer films, Flexible packaging products. Materials-intensive industrial packaging manufacturer
| ₹ crore · consolidated | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 150 | 196 | 178 | 206 | 240 |
| EBITDA (ex other income) | 2 | 15 | 15 | 29 | 40 |
| margin % | 1.3 | 7.4 | 8.5 | 14.3 | 16.9 |
| Owners' profit | (5) | 5 | 10 | 51 | 25 |
| EPS, as reported (₹) | (0.78) | 0.79 | 0.84 | 3.76 | 1.77 |
| ROE % · ROCE % | (20.9) · (4.5) | 17.0 · 8.4 | 9.7 · 9.6 | 33.5 · 13.2 | 13.9 · 17.9 |
| Debt / equity (x) | 3.37 | 2.77 | 0.12 | 0.25 | 0.12 |
| Cash from operations | (11) | 3 | 21 | 20 | 32 |
| Capex | (0) | (4) | (12) | (39) | (16) |
| ₹ crore | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 53 | 53 | 58 | 55 | 62 | 60 | 62 | 81 |
| Profit before tax | 5 | 5 | 7 | 10 | 10 | 8 | 6 | 11 |
| Net profit | 5 | 5 | 37 | 7 | 7 | 6 | 5 | 8 |
| EPS (₹) | 0.40 | 0.39 | 2.72 | 0.53 | 0.51 | 0.40 | 0.33 | 0.58 |
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| EPL LIMITED | 7,674 | 15.7 | 2.68 | 8.3 | 13.7 | 13.6 | 9.0 | 19.1 |
| AGI GREENPAC LIMITED | 4,943 | 13.7 | 2.05 | 7.5 | 14.6 | 16.5 | — | 23.4 |
| UFLEX LIMITED | 4,730 | 6.9 | 0.58 | 6.9 | 3.9 | 2.7 | 11.6 | 17.1 |
| POLYPLEX CORPORATION LTD | 3,541 | 22.8 | 0.50 | 9.5 | 0.6 | 0.3 | 7.6 | 14.3 |
| Date · filing | Category | Importance | 1-day % | 5-day % |
|---|---|---|---|---|
| 27 Aug 2026 · 32nd AGM notice and e-voting information published in newspapers | compliance | minimal | — | — |
| 26 Aug 2026 · Letter to shareholders on 32nd AGM notice and FY26 annual report | compliance | minimal | — | — |
| 26 Aug 2026 · 32nd AGM Notice and FY26 Annual Report filed; director re-appointments and auditor ratification on agenda | board shareholder meetings | medium | — | — |
| 26 Aug 2026 · AGM notice on Sep 25, 2026; FY26 revenue up 15%, PAT at Rs 24.76 Cr, no dividend | board shareholder meetings | low | — | — |
| 24 Aug 2026 · Shree Rama Multi-Tech informs about 32nd AGM notice via newspaper publication | compliance | minimal | — | — |
| 13 Aug 2026 · Board extends preference share redemption by 5 years; Q1 profit up 10% | fund raising | medium | — | — |
| 13 Aug 2026 · Board clears Q1 FY27 results, WTD reappointment, preference share extension | management changes | medium | — | — |
| 13 Aug 2026 · Shree Rama Multi-Tech submits Q1 FY27 unaudited results to NSE | results | high | — | — |
| 5 Aug 2026 · Board meeting on 13 Aug to consider Q1 results and preference shares | board shareholder meetings | low | — | — |
| 6 Jul 2026 · Quarterly certificate under SEBI Regulation 74 for Q1 FY27 | compliance | minimal | — | — |
| Where a broker report shows | This document shows | Why |
|---|---|---|
| TCPL PACKAGING LIMITED |
| 3,515 |
| 30.4 |
| 4.89 |
| 13.4 |
| 13.6 |
| 13.0 |
| 15.4 |
| 17.8 |
| XPRO INDIA LIMITED | 3,028 | 91.7 | 3.79 | 64.6 | 2.4 | 2.8 | 6.2 | 11.4 |
| JINDAL POLY FILMS LIMITED | 2,936 | 143.6 | 0.72 | 10.0 | 0.6 | 0.8 | 8.5 | 23.0 |
| COSMO FIRST LIMITED | 2,294 | 13.6 | 1.42 | 8.0 | 9.6 | 6.4 | 9.8 | 12.6 |
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 25.9 | 17.6 | 46 of 69 | 34% |
| P/B | 3.5 | 1.4 | 51 of 61 | 17% |
| ROCE | 17.3 | 7.3 | 9 of 71 | 89% |
| ROE | 13.9 | 6.8 | 12 of 66 | 83% |
| Debt / Equity | 0.1 | 0.3 | 23 of 66 | 66% |
| EBITDA margin | 17.0 | 12.1 | 18 of 62 | 72% |
| Revenue growth | 45.5 | 14.0 | 8 of 61 | 88% |
| Profit growth | 9.7 | 23.4 | 35 of 60 | 42% |
| Market cap | 630 | 131 | 18 of 73 | 76% |
| A rating (BUY / ADD / REDUCE / SELL) |
| A state: the latest filed quarter and the measured reactions |
| an event is a fact; a rating is an opinion that requires SEBI RA registration |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.
