Gujarat Raffia Indust Ltd

NSE: GUJRAFFIA · Packaging · sector

₹45.61NSE close 2026-10-26

Key numbers

Market cap₹25 cr

Price₹45.61

52w high / low₹88 / ₹35

P/E19.2xSector median 16.2x

P/B1.1xSector median 1.4x

Book value₹41.1

Dividend yield–Sector median 0.58%

ROE5.4%Sector median 9.8%

ROCE7.3%Sector median 11.6%

OPM3.2%Sector median 9.2%

Debt / equity0.03xSector median 0.39x

EV/EBITDA4.9xSector median 7.7x

Interest cover7.7x

Current ratio4.54x

Sales growth 3y+31.2%Sector median +4.7%

Profit growth 3y+0.6%Sector median +0.8%

PEG27.62x

Last 12 months to Jun 2026, Standalone. "Sector median" = middle value of 63 companies in Packaging (P/E median leaves out loss-making companies). Tap ? for what a number means.

Things to know

Cash ₹12 cr vs borrowings ₹1 cr (FY26): cash is higher (net cash).
Operating profit covered interest 7.7x in the last 12 months.
No promoter shares are pledged.
Operating cash flow was below net profit in 1 of the last 5 years (FY22).
Revenue was higher than a year earlier in 3 of the last 4 quarters.
Other income was 47% of net profit in the last 12 months.
Debtor days went from 42 (FY24) to 6 (FY26).
No dividend in the last 5 financial years.
Price ₹45.61 on 2026-10-26: -48.2% from the 52-week high, +29.9% from the 52-week low.

Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.

Charts

Weekly close · high ₹100.84 · low ₹35.90

Quarterly results

₹ cr	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Revenue	5	6	8	12	26	24	27	9
EBITDA	1	1	0	1	1	0	1	1
OPM %	9.3%	8.9%	1.8%	10.2%	2.7%	1.4%	2.9%	10.0%
Other income	0	0	0	0	0	0	0	0
Net profit	0	0	0	0	0	0	0	0
EPS (₹)	0.13	0.14	0.18	1.24	0.35	0.38	0.77	0.87
Revenue YoY					+377.3%	+291.8%	+239.1%	-18.5%
Profit YoY					+171.4%	+37.5%	+310.0%	+38.2%

Standalone figures where filed. Latest quarter Jun 2026.

Profit & loss (yearly)

₹ cr	FY22	FY23	FY24	FY25	FY26	TTM
Revenue	38	39	31	30	89	86
EBITDA	2	1	2	2	3	3
Net profit	1	1	1	1	1	1
EPS (₹)	2.07	1.90	0.96	0.97	1.94	2.37
Revenue growth		+3.3%	-21.2%	-2.8%	+194.8%	+178.3%
Profit growth		-8.0%	-49.5%	0.0%	+101.9%	+102.5%
Dividend / share (₹)	–	–	–	–	–

Compounded growth	3 years	5 years	Last 12 months
Sales	+31.2%	+17.9%	+178.3%
Net profit	+0.6%	-2.5%	+102.5%
EPS	+0.7%	-2.5%	–
Share price	–	+8.1% (2y)	-35.4%

Balance sheet

₹ cr	FY22	FY23	FY24	FY25	FY26
Shareholders' equity	–	20	21	21	22
Borrowings	–	10	2	2	1
Cash & equivalents	–	7	3	8	12
Total assets	–	36	26	25	28
Fixed assets	–	12	11	11	9
Capital work in progress	–	–	0	0	0
Investments	–	0	0	0	0
Receivables	–	4	4	2	1
Inventory	–	9	6	3	4
Payables	–	1	0	0	0

Year-end figures from the March annual filing.

Cash flow

₹ cr	FY22	FY23	FY24	FY25	FY26
Cash from operations	-6	7	5	8	5
Cash from investing	-2	-4	-2	-5	-2
Cash from financing	5	3	-9	-1	-1
Capex	2	5	0	2	0
Free cash flow	-8	3	5	6	5

Free cash flow = cash from operations − capex.

Ratios by year

₹ cr	FY22	FY23	FY24	FY25	FY26
ROE %	–	5.1%	2.5%	2.5%	4.7%
ROCE %	–	7.7%	5.1%	4.0%	6.6%
Debtor days	–	41	42	26	6
Inventory days	–	112	106	53	18
Payable days	–	16	5	2	2
Cash conversion cycle (days)	–	137	143	77	22
Working capital days	–	100	142	149	59

Shareholding

Holder	% (2026-09-30)
Promoters	39.60%
Public (non-institutions)	60.40%

Quarter	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Promoters %	39.56%	39.59%	39.60%	39.60%	39.60%	39.60%	39.60%	39.60%

Promoter group	%
Pradeep Bhutoria	12.62%
Bengal Business LLP	9.44%
Asian Gases Ltd	8.16%
Pradeepkumar Bhutoria (HUF)	3.46%
Sushma Bhutoria	2.65%
Abhishek P Bhutoria	2.51%
Sneha Bhutoria	0.76%

29,558 shareholders. Pledged: 0.00% of promoter shares.

Peers in Packaging

Company	Market cap	P/E	P/B	ROE	ROCE	OPM	Sales 3y	Div yield
EPL	₹7,100 cr	18.3x	2.5x	14.9%	17.0%	19.3%	+8.8%	2.25%
AGI	₹4,590 cr	12.7x	1.9x	16.1%	19.6%	22.5%	+5.3%	0.98%
UFLEX	₹4,111 cr	6.0x	0.5x	8.8%	8.9%	13.5%	+1.6%	0.53%
TCPLPACK	₹3,649 cr	31.6x	5.1x	16.9%	17.8%	15.3%	+7.9%	0.75%
JINDALPOLY	₹2,976 cr	–	1.0x	-27.6%	-17.5%	-78.1%	-14.4%	0.87%
POLYPLEX	₹2,943 cr	18.9x	0.7x	3.9%	6.9%	7.8%	-2.5%	1.55%
XPROINDIA	₹2,278 cr	69.0x	3.0x	4.8%	5.2%	9.3%	-0.4%	0.20%
KNACK	₹2,038 cr	–	–	–	–	–	–	–
MOLDTKPAC	₹1,928 cr	25.3x	2.8x	11.4%	13.4%	19.1%	+6.7%	0.69%
GUJRAFFIA	₹25 cr	19.2x	1.1x	5.4%	7.3%	3.2%	+31.2%	–

All 63 companies in Packaging →

Dividends & corporate actions

Ex-date	Action	Detail
2024-09-09	Other	Annual General Meeting
2023-09-07	Other	Annual General Meeting
2022-09-19	Other	Annual General Meeting
2021-09-22	Other	Annual General Meeting
2020-12-24	Other	Extra Ordinary General Meeting
2020-09-22	Other	Annual General Meeting
2019-09-20	Other	Annual General Meeting
2018-09-12	Other	Annual General Meeting
2017-08-28	Other	Annual General Meeting
2016-09-19	Other	Annual General Meeting
2014-09-17	Other	Annual General Meeting
2013-09-20	Other	Annual General Meeting
2012-09-24	Other	Annual General Meeting
2011-08-29	Other	Annual General Meeting
2006-09-01	Other	Agm
2005-08-30	Other	Agm
	Other	Agm/Cap Red

Documents

Links go to the original files on the exchange website.

About the company


Sector	Industrials
Industry	Packaging
Sub-industry	Packaging
Symbol	GUJRAFFIA
BSE code	523836
ISIN	INE610B01024
Face value	₹10.0
Incorporated	–
Website	–
Plants (India / abroad)	–

Data built 2026-10-23 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.