Gujarat Raffia Ind. Ltd.

BSE: GUJRAFFIA523836ISIN INE610B01024

Industrials
Packaging

Share price

₹43.80-0.40 (-0.90%)

as of 4 Nov 2026

Prices adjusted for splits and bonuses; cash dividends excluded. Volume shows actual shares traded.

52W high: ₹68.95
52W low: ₹35.25
Off 52W high: -36.48%
1M return: +10.36%
3M return: +9.80%
6M return: +8.01%
1Y return: -33.94%
20D avg volume: 6,019
50 DMA: ₹43.72
200 DMA: ₹42.41

Key ratios Standalone

Market cap: ₹23.67 Cr
Current price: ₹43.80
52W high / low: ₹68.95 / ₹35.25
Face value: ₹10.00
P/E: 20.09
P/B: 1.13
EPS (TTM): ₹2.18
Book value / share: ₹38.76
ROE: 5.62%
ROCE: 6.40%
Operating margin: 11.43%
Net margin: 5.01%
Debt / equity: 0.03
Net debt: ₹-3.37 Cr
Interest cover: 6.08
Dividend yield: —
Dividend / share (TTM): —
Payout: —
Cash conversion cycle: 20.2 days

Financials

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q4 FY24
Income statement
	9.39	26.99	23.90	26.11	11.52	7.96	6.10	5.47	—
	0.14	0.12	0.29	0.02	0.06	0.40	0.01	0.01	—
	9.53	27.11	24.19	26.12	11.57	8.35	6.10	5.48	—
	8.90	26.70	24.04	25.86	11.12	8.23	6.01	5.39	—
	6.04	24.47	21.12	22.79	8.51	4.68	3.46	3.45	—
	0.00	0.06	0.44	0.34	0.00	0.00	0.10	—	—
	0.55	0.39	0.60	0.74	0.49	0.58	0.67	0.57	—
	0.03	0.07	0.06	0.06	0.06	0.06	0.10	0.08	—
	0.41	0.41	0.41	0.41	0.71	0.35	0.35	0.35	—
	1.32	1.34	1.47	1.43	0.89	1.13	—	1.16	—
	0.63	0.41	0.15	0.26	0.45	0.12	0.09	0.08	—
	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—
	0.63	0.41	0.15	0.26	0.45	0.12	0.09	0.08	—
	0.16	0.00	0.04	0.07	0.11	0.02	0.01	0.01	—
	0.47	0.41	0.11	0.19	0.34	0.10	0.08	0.07	—
	0.87	0.77	0.38	0.35	1.24	0.18	0.14	0.13	—
Key metrics
	1.07	0.89	0.62	0.73	1.22	0.53	0.54	0.51	—
	11.40%	3.30%	2.60%	2.80%	10.60%	6.70%	8.90%	9.30%	—
	5.00%	1.50%	0.50%	0.70%	3.00%	1.30%	1.30%	1.30%	—
	—	2.00%	—	1.30%	—	0.80%	—	—	—
	-18.50%	239.10%	291.80%	377.30%	—	—	—	—	—
	38.20%	310.00%	37.50%	171.40%	—	—	—	—	—

Metric	TTM	FY26	FY25	FY24
Income statement
	86.39	88.56	30.04	—
	0.57	0.44	0.53	—
	86.95	89.00	30.57	—
	85.50	87.73	29.95	—
	74.42	76.74	17.61	—
	0.84	0.84	0.00	—
	2.28	2.22	2.36	—
	0.22	0.25	0.33	—
	1.64	1.95	1.38	—
	5.56	5.27	4.66	—
	1.45	1.27	0.62	—
	0.00	0.00	0.00	—
	1.45	1.27	0.62	—
	0.27	0.22	0.10	—
	1.18	1.05	0.52	—
	2.37	1.94	0.97	—
Key metrics
	3.31	3.47	2.33	—
	3.83%	3.90%	7.80%	—
	1.37%	1.20%	1.70%	—
	—	6.40%	4.10%	—
	178.23%	194.80%	—	—
	100.00%	101.90%	—	—
	—	4.81	5.97	—
	—	4.67	14.81	—
	—	0.03	0.12	—
	—	-3.37	0.30	—
	—	20.2	62.0	—
Balance sheet
	—	27.72	25.37	—
	—	18.50	14.28	—
	—	4.03	2.20	—
	—	1.45	2.17	—
	—	3.89	3.06	—
	—	0.70	0.47	—
	—	9.21	11.09	—
	—	0.44	0.13	—
	—	4.08	1.99	—
	—	0.66	2.50	—
	—	0.66	0.64	—
	—	0.00	1.86	—
	—	22.23	21.18	—
Cash flow
	—	4.90	7.70	—
	—	-2.04	-5.33	—
	—	-1.02	-1.31	—
	—	0.09	1.73	—

Compounded growth

Sales CAGR 3Y: —
Sales CAGR 5Y: —
Profit CAGR 3Y: —
Profit CAGR 5Y: —
Sales YoY (TTM): +178.23%
Profit YoY (TTM): +100.00%

Compounded from reported annual figures. We publish no share-price CAGR: our prices are as-traded, so one would be wrong across every split and bonus issue.

Shareholding as of 30 Sep 2026

Promoter holding: 39.60%

Quarter	September 2026	June 2026
Promoter %	39.60%	39.60%

Holder	Type	Holding	Previous	Change
PRADEEP BHUTORIA	Promoter	12.62%	12.62%	0.00%
BENGAL BUSINESS LLP	Promoter Group	9.44%	9.44%	0.00%
ASIAN GASES LTD	Promoter Group	8.16%	8.16%	0.00%
PRADEEPKUMAR BHUTORIA (HUF)	Promoter Group	3.46%	3.46%	0.00%
SUSHMA BHUTORIA	Promoter	2.65%	2.65%	0.00%
ABHISHEK P BHUTORIA	Promoter	2.51%	2.51%	0.00%
SNEHA BHUTORIA	Promoter	0.76%	0.76%	0.00%

Public shareholders are disclosed individually only above 1%.

Peer comparison

Company	Mkt cap (₹ Cr)	Price (₹)	P/E	ROCE	Sales YoY	Profit YoY	1Y return
EPL LIMITED	7,186	223.95	18.28	16.80%	+21.90% TTM	-4.65% TTM	+10.57%
AGI GREENPAC LIMITED	4,250	656.85	12.05	18.20%	+6.19% TTM	+0.21% TTM	-19.59%
Uflex Limited	4,198	581.30	6.15	8.00%	+10.36% TTM	+128.29% TTM	+8.24%
TCPL Packaging Limited	4,123	4,531.15	35.70	20.30%	+5.43% TTM	-13.56% TTM	+36.69%
JINDAL POLY FILMS LIMITED	3,059	698.60	-3.09	-17.10%	-58.49% TTM	-4,451.01% TTM	+24.89%
Polyplex Corporation Ltd.	2,883	918.30	10.61	1.00%	+9.55% TTM	+35.38% TTM	-2.79%
Xpro India Ltd.	2,588	1,102.75	74.18	3.40%	+12.17% TTM	+157.75% TTM	-0.55%
KNACK PACKAGING LIMITED	2,296	187.60	—	—	—	—	—
Mold-Tek Packaging Limited S	2,195	330.35	13.45	14.20%	+19.84% TTM	+20.42% TTM	-5.07%
Cosmo First Limited	2,094	797.55	9.57	10.80%	+41.30% TTM	+49.60% TTM	-9.65%
HUHTAMAKI INDIA LIMITED S	1,633	216.25	12.62	—	+11.70% TTM	+29.94% TTM	-12.47%
Arrow Greentech Limited	1,158	767.55	18.12	27.40%	+12.75% TTM	+18.91% TTM	+30.42%
Dhunseri Ventures Limited	949	270.95	4.96	-0.10%	-23.39% TTM	+32.93% TTM	-18.08%
Commercial Syn Bags Limited	937	232.20	32.80	18.20%	+12.22% TTM	+43.15% TTM	+50.78%
Ester Industries Ltd.	925	88.70	42.20	3.20%	+14.85% TTM	+470.83% TTM	-20.05%
Oricon Enterprises Ltd.	899	57.23	31.07	2.60%	-72.18% TTM	-79.84% TTM	-0.54%
Haldyn Glass Limited	708	131.75	23.89	11.90%	+18.93% TTM	+55.02% TTM	+37.35%
Hitech Corporation Limited	704	410.00	40.13	10.60%	+20.12% TTM	+79.08% TTM	+112.93%
Shree Rama Multi-tech Ltd. S	627	46.96	24.46	17.90%	+22.55% TTM	-54.52% TTM	-17.13%
Shri Jagdamba Polymers Ltd S	622	709.80	13.11	17.10%	-8.73% TTM	-7.89% TTM	-12.54%
SUBAM PAPERS LIMITED	617	224.50	—	5.30%	—	—	+52.20%
Kanpur Plastipack Limited	607	248.00	11.36	19.60%	+17.73% TTM	+117.32% TTM	+19.60%
Nahar Polyfilms Ltd.	583	237.10	6.91	10.50%	+7.93% TTM	+39.08% TTM	-24.60%
Pyramid Technoplast Limited S	545	148.10	17.38	12.90%	+19.00% TTM	+16.06% TTM	-8.01%
TPL Plastech Limited	521	66.78	17.29	23.50%	+25.92% TTM	+22.45% TTM	-5.25%
Gujarat Raffia Ind. Ltd. S	24	43.80	20.09	6.40%	+178.23% TTM	+100.00% TTM	-33.94%

Filings & corporate actions

Recent announcements

CERTIFICTE UNDER REGULATION 74(5)21 Oct 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
The Exchange has sought clarification from Gujarat Raffia Industries Ltd on October 16, 2026, with reference to Movement in Price. <BR><BR>The reply is awaited.16 Oct 2026 · Company Update / Clarification
Scrutinizer Report1 Oct 2026 · AGM/EGM / AGM
Proceeding of AGM29 Sep 2026 · AGM/EGM / AGM
APPOINTMENT OF STATUTORY AUDITOR7 Sep 2026 · Company Update / Appointment of Statutory Auditor/s
ANNUAL REPORT7 Sep 2026 · Others / Reg. 34 (1) Annual Report
NOTICE OF AGM7 Sep 2026 · AGM/EGM / AGM
Outcome of Board Meeting held on 07.09.20267 Sep 2026 · Others / Outcome without intimation
Resignation of Statutory Auditor14 Aug 2026 · Company Update / Resignation of Statutory Auditors
Financial Result for Quarter ended 30.06.202613 Aug 2026 · Result / Financial Results
Outcome of Board Meeting13 Aug 2026 · Board Meeting / Outcome of Board Meeting
Gujarat Raffia Industries Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 13/08/2026 ,inter alia, to consider and approve Intimation of Board Meeting10 Aug 2026 · Board Meeting / Board Meeting
Compliance under Regulation 74(5)20 Jul 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Trading Window Closure29 Jun 2026 · Insider Trading / SAST / Closure of Trading Window
Outcome of Board Meeting21 May 2026 · Result / Financial Results
Outcome of Board Meeting21 May 2026 · Board Meeting / Outcome of Board Meeting
Gujarat Raffia Industries Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 21/05/2026 ,inter alia, to consider and approve Intimation of Board ....16 May 2026 · Board Meeting / Board Meeting
Disclosure under Regulation 74(5) of SEBI (DP) Regulation 201821 Apr 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Closure of Trading Window5 Apr 2026 · Insider Trading / SAST / Closure of Trading Window
Financial Result for Quarter ended 31.03.202513 Feb 2026 · Result / Financial Results
Outcome of Board Meeting13 Feb 2026 · Board Meeting / Outcome of Board Meeting
Gujarat Raffia Industries Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 13/02/2026 ,inter alia, to consider and approve Intimation of Board Meeting10 Feb 2026 · Board Meeting / Board Meeting
Certificate under Regulation 74(5) of Sebi(DP) Regulation21 Jan 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Closure of Trading Window1 Jan 2026 · Insider Trading / SAST / Closure of Trading Window
Outcome of Board Meeting held on 13.11.202513 Nov 2025 · Result / Financial Results
Outcome of Board Meeting held on 13.11.2025 for Financial result for Quarter ended on 30.09.202513 Nov 2025 · Board Meeting / Outcome of Board Meeting
Gujarat Raffia Industries Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 13/11/2025 ,inter alia, to consider and approve Intimation of Board ....10 Nov 2025 · Board Meeting / Board Meeting
CHANGE IN DESIGNATION OF MR. ABHISHEK BHUTORIA FROM NON EXECUTIVE DIRECTOR TO WHOLE TIME DIRECTOR AND CHEIF FINANCIAL OFFICE6 Nov 2025 · Company Update / Change in Management
APPOINTMENT OF COMPLIANCE OFFICER CUM COMPANY SECRETARY6 Nov 2025 · Company Update / Appointment of Company Secretary / Compliance Officer
intimation for appointment of compliance officer cum company secretary and change designation of Mr. ABHISHEK BHUTORIA from non- executive director to whole time director cum CFO6 Nov 2025 · Others / Outcome without intimation
Certificate under Reg. 74(5) of SEBI (DP) Regulation21 Oct 2025 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
The Exchange has sought clarification from Gujarat Raffia Industries Ltd on October 20, 2025, with reference to Movement in Price.<BR><BR>The reply is awaited.20 Oct 2025 · Company Update / Clarification
As per letter attached8 Oct 2025 · Company Update / Appointment of Statutory Auditor/s
Clarification of delay in filing of disclosure regarding resignation of Company Secretary, Compliance Officer and KMP of the company24 Sep 2025 · Company Update / General
Closure of Trading Window24 Sep 2025 · Insider Trading / SAST / Closure of Trading Window
Take a note of Resignation of Mr. Mehulkumar Dulabhai Desai from the position of Company Secretary & Compliance Officer and also as the Key Managerial Personnel of the Company with effect ....4 Sep 2025 · Others / Outcome without intimation
Resignation of CS and Compliance Officer (KMP) of the Company1 Sep 2025 · Company Update / Change in Management
Intimation of resignation of CS and Compliance Officer (KMP) of the Company1 Sep 2025 · Company Update / Resignation of Company Secretary / Compliance Officer
Newspaper Publication16 Aug 2025 · Company Update / Newspaper Publication
June quarter ended unaudited financial result14 Aug 2025 · Result / Financial Results

Board meetings

13 Aug 2026 Board Meeting - Financial Results