The shares of a Microcap Packaging company that deals in manufacturing and trading of Plastic Packaging Product are in focus today after the company bagged a new order from an International Entity.
Share Price Movement
The shares of Rajshree Polypack Limited, with a total market capitalization of Rs 209.18 Crores on Monday, as of 10:30 were trading on a flatter trend at Rs 28.52 per share. The shares of Rajshree Polypack Ltd generated a five year return of 75.44%.
About the Order
As per a press release dated February 21, 2025, Rajshree Polypack Limited secured a new order from a leading USA-based distributor of food containers made using Injection Moulding technology. The total value of the order is Rs 2.4 Crores approximately (0.28 Million USD) for the supply of Injection Moulding products for food packaging and the time period by which the order is to be fulfilled is by March 2025.
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Financials
The company reported an increase of 12.16 percent in revenues from operation from Rs 64.82 in Q3FY24 Crores to Rs 72.7 Crores in Q3FY25. However the company posted a Net Loss of Rs 0.94 Crores as against a Net Profit of Rs 2.55 Crores over the same period.
Company Updates
Rajshree Polypack Limited’s Board approved a capacity expansion plan on February 5, 2025. The company currently has an extrusion capacity of 24,000 MTPA and a forming capacity of 10,270 MTPA. The expansion will add 1,600 MTPA to extrusion and 1,100 MTPA, with the goal of completing this addition by June 2025. The rationale behind this expansion is to cater to the increasing demand for the company’s products.
Previous Order
As per a press release dated November 15, 2024, the company secured a new order from a leading USA based distributor of food containers worth Rs 5.6 Crores approximately and the time period by which the order is to be fulfilled is by February 25, 2025. Through this order Rajshree Polypack Ltd will supply Injection Moulding products for food packaging.
About Rajshree Polypack Ltd
Rajshree PolyPack Ltd. is one of the leaders in manufacturing of Plastic rigid sheets and Food Packaging packaging products ranging from Yoghurt containers to coffee cups, Daily containers, trays, lids etc. It caters to diverse industries like Dairy, Beverages, FMCG, QSR, Retail, Pharmaceuticals & Electronics. Some of the popular brands that the company is serving includes Amul, Kellogg’s, Tata Tea, Mother Dairy, Reliance, Ferrero, Nestle, etc.
Written By Adhvaitha Nayani
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