The shares of the Penny stock company, specializing in the business of manufacturing and trading of Plastic Packaging Products, jumped upto 5 percent after securing a new international order from a large USA-based distributor of food packaging.
With a market capitalization of Rs. 195.90 crores on Wednesday, the shares of Rajshree Polypack Limited jumped upto 4.8 percent, making a high of Rs. 26.80 per share compared to its previous closing price of Rs. 25.55 per share.
Rajshree Polypack Limited, engaged in the business of manufacturing and trading of Plastic Packaging Products, has received a new international work order from a large USA-based distributor of food packaging.
The order is to supply customized injection moulding products, with moulds developed specifically for the customer. The order is valued at USD 0.34 million (approximately INR 2.85 crore) and is to be fulfilled by July 10, 2025.
Financials & Others
The company’s revenue rose by 13.1 percent from Rs. 65.49 crore to Rs. 74.07 crore in Q3FY24-25. Meanwhile, Net profit went from a profit of Rs. 2.55 crore to a loss of Rs. 0.94 crore during the same period.
The company has a P/E ratio of 29.71, slightly below the industry average of 29.85, and a low PEG ratio of 0.78, indicating the stock may be undervalued. Additionally, its low debt-to-equity ratio of 0.66 reflects strong financial stability.
Rajshree Polypack Limited, established in 1998 and headquartered in Thane, Maharashtra, is a leading manufacturer of rigid and semi-rigid plastic sheets and food packaging products. The company serves diverse sectors, including dairy, food and beverages, FMCG, bakery, confectionery, electronics, and cosmetics.
Rajshree Polypack Limited offers a diverse range of packaging products, including high barrier sheets, laminated sheets, and injection moulded containers. Their key product segments serve industries such as dairy (yogurt and ice cream), bakery, food services, and specialized packaging like MAP (Modified Atmosphere Packaging) and retort packaging for extended shelf life.
The company has a set of marquee clients, some of the biggest names in the food and FMCG industries, including Ferrero, Amul, Epigamia, Britannia, Swiggy, Domino’s, Tata Global Beverages, Unilever, Kasih Food, Allana Food and others.
Written by Sridhar J
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