Micro-cap stock engaged in manufacturing Digital Flexo Plates, Conventional Flexo Printing Plates, Letter Press Plates and many more jumped upto 7 percent in the day’s trade upon foryng into the PVDC manufacturing segment.
Price Action
With a market capitalization of Rs. 490 Crores, the shares of Creative Graphics Solutions Limited were trading at Rs. 201.55 per equity share, up 2.4 percent from its previous day’s close price of Rs. 196.85. It has delivered a return of 15 percent in a year.
What Happened
Creative Graphics Solutions Limited has informed that its wholly owned subsidiary Wahren India Private Limited has recently purchased an old PVDC Coating machine and a Moccon MVTR/OTR testing machine from Radha Madhav Corporation Limited for Rs. 2.6 Crores.
This acquisition will allow the subsidiary firm to enter the PVDC segment. PVDC is an adjacent segment to Wahren’s existing product line, and the same customers who purchase alu-alu foil from Wahren will also require PVDC material.
The addition of these machines is anticipated to contribute to additional revenue growth by catering to the needs of our existing customers, as well as opening opportunities for new business in the PVDC segment.
About the Company
Creative Graphics Solutions Limited is engaged in manufacturing Digital Flexo Plates, Conventional Flexo Printing Plates, Letter Press Plates, Metal Back Plates, and Coating Plates used for printing on Labels, multi-wall bags, paper cups & containers, carrier bags, beverage cartoons, folding cartons, paper bags, envelope off-set coating and many more.
Financials and Ratios
Its revenue from operations grew by 136 percent from Rs. 48 Crores in H1FY24 to Rs. 113 Crores in H1FY25, accompanied by profits of Rs. 7 Crores to Rs. 9 Crores.
In terms of Return ratios, it has reported a return on equity (ROE) of 13.46 percent, and a Return on capital employed (ROCE) of 13.35 percent. It has reported a debt-to-equity ratio of 0.76.
Written by: Bharath K.S
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