Shree Rama Multi-tech Ltd.

BSE: SHREERAMA532310ISIN INE879A01019

Industrials
Packaging
BSE Industrials

Share price

₹46.96-1.26 (-2.61%)

as of 4 Nov 2026

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

52W high: ₹71.55
52W low: ₹35.40
Off 52W high: -34.37%
1M return: +8.96%
3M return: +22.23%
6M return: -0.93%
1Y return: -17.13%
20D avg volume: 23,132
50 DMA: ₹46.64
200 DMA: ₹47.52

Key ratios Standalone

Market cap: ₹626.77 Cr
Current price: ₹46.96
52W high / low: ₹71.55 / ₹35.40
Face value: ₹5.00
P/E: 24.46
P/B: 5.58
EPS (TTM): ₹1.92
Book value / share: ₹8.42
ROE: 22.83%
ROCE: 17.90%
Operating margin: 16.84%
Net margin: 9.52%
Debt / equity: 0.12
Net debt: ₹13.33 Cr
Interest cover: 33.00
Dividend yield: —
Dividend / share (TTM): —
Payout: —
Cash conversion cycle: 122.1 days

Financials

Metric	Q2 FY27	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24
Income statement
	76.95	80.52	62.45	59.85	62.02	55.35	58.02	52.90	52.80	42.98	46.62	43.47
	0.06	0.23	0.14	0.45	1.70	1.50	1.33	0.17	0.24	0.51	0.39	0.01
	77.01	80.75	62.59	60.31	63.72	56.85	59.36	53.07	53.04	43.49	47.00	43.48
	67.07	69.56	56.20	52.52	54.18	46.98	52.27	47.81	47.75	39.29	43.66	41.37
	48.01	47.87	36.84	34.72	34.77	31.80	32.46	31.93	30.86	25.86	27.32	26.34
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	0.01
	6.78	6.90	7.13	7.34	6.73	5.70	5.95	5.74	5.73	5.09	5.19	5.09
	0.32	0.23	0.26	0.20	0.21	0.37	0.54	0.47	0.30	0.05	0.15	0.07
	2.70	2.29	2.38	2.39	2.44	2.40	3.34	2.05	1.98	1.41	1.49	1.45
	9.82	11.57	10.07	10.86	9.87	8.48	7.90	6.68	6.08	5.74	6.64	6.28
	9.94	11.19	6.39	7.79	9.54	9.87	7.09	5.26	5.29	4.20	3.35	2.11
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—
	9.94	11.19	6.39	7.79	9.54	9.87	7.09	5.26	5.29	4.20	3.35	2.11
	2.62	3.13	1.68	2.26	2.37	2.53	29.51	—	—	—	—	—
	7.33	8.06	4.72	5.53	7.17	7.35	36.60	5.26	5.29	4.20	3.35	2.11
	0.53	0.58	0.33	0.40	0.51	0.53	2.72	0.39	0.40	0.32	0.26	0.16
Key metrics
	12.96	13.71	9.03	10.38	12.19	12.64	10.97	7.78	7.57	5.66	4.99	3.63
	16.80%	17.00%	14.50%	17.30%	19.70%	22.80%	18.90%	14.70%	14.30%	13.20%	10.70%	8.40%
	9.50%	10.00%	7.60%	9.20%	11.60%	13.30%	63.10%	9.90%	10.00%	9.80%	7.20%	4.90%
	4.90%	—	3.40%	—	5.20%	—	4.30%	—	—	—	—	—
	24.10%	45.50%	7.60%	13.10%	17.50%	28.80%	24.50%	21.70%	—	—	—	—
	2.20%	9.70%	-87.10%	5.10%	35.50%	75.00%	992.50%	149.30%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22
Income statement
	279.77	239.68	205.97	177.70	196.26	150.31
	0.88	3.79	2.53	1.40	0.12	0.42
	280.66	243.47	208.51	179.10	196.38	150.74
	245.35	209.87	186.67	169.13	189.29	155.66
	167.44	138.13	121.11	103.82	124.11	106.77
	0.00	0.00	0.00	1.02	—	—
	28.15	26.89	22.52	19.78	16.62	15.88
	1.01	1.05	1.37	0.82	1.44	0.66
	9.76	9.60	8.77	5.75	6.11	6.65
	42.32	39.28	34.10	25.46	27.88	24.95
	35.31	33.60	21.84	9.96	7.09	-4.92
	0.00	0.00	0.00	—	—	—
	35.31	33.60	21.84	9.96	7.09	-4.92
	9.69	8.84	-29.51	—	2.05	—
	25.64	24.76	51.35	9.96	5.04	-4.92
	1.84	1.77	3.76	0.84	0.79	-0.78
Key metrics
	46.08	44.25	31.98	16.53	14.64	2.39
	16.47%	18.50%	15.50%	9.30%	7.50%	1.60%
	9.16%	10.30%	24.90%	5.60%	2.60%	-3.30%
	—	17.90%	13.20%	—	—	—
	22.55%	16.40%	15.90%	-9.50%	30.60%	—
	-54.52%	-51.80%	415.60%	97.60%	202.40%	—
	—	16.34	-18.73	—	—	—
	—	1.31	0.39	—	—	—
	—	0.12	0.25	—	—	—
	—	13.33	38.22	—	—	—
	—	122.1	116.2	—	—	—
Balance sheet
	—	227.86	214.18	—	—	—
	—	111.49	93.70	—	—	—
	—	8.59	0.63	—	—	—
	—	58.33	50.52	—	—	—
	—	42.34	31.92	—	—	—
	—	2.08	1.17	—	—	—
	—	81.79	70.83	—	—	—
	—	20.49	16.88	—	—	—
	—	33.87	38.50	—	—	—
	—	21.92	38.85	—	—	—
	—	8.55	18.40	—	—	—
	—	13.37	20.45	—	—	—
	—	177.53	153.18	—	—	—
Cash flow
	—	32.44	19.83	—	—	—
	—	-6.65	-46.73	—	—	—
	—	-17.83	25.15	—	—	—
	—	16.10	38.56	—	—	—

Compounded growth

Sales CAGR 3Y: +6.89%
Sales CAGR 5Y: —
Profit CAGR 3Y: +70.00%
Profit CAGR 5Y: —
Sales YoY (TTM): +22.55%
Profit YoY (TTM): -54.52%

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: 61.57%

Quarter	September 2026	June 2026
Promoter %	61.57%	61.57%

Holder	Type	Holding	Previous	Change
Nirma Chemical Works Private Limited	Promoter	56.53%	56.53%	0.00%
Nirma Industries Private Limited	Promoter	5.04%	5.04%	0.00%
JAYESH H PATEL	Public	2.79%	2.79%	0.00%
RAIBEN UGARDAS PATEL	Public	1.95%	1.95%	0.00%
ANJALI RAJESH DEDHIA	Public	1.63%	1.50%	+0.13%
Aculife Healthcare Private Limited	Promoter Group	0.00%	0.00%	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%

Filings & corporate actions

Recent announcements

Submission of unaudited financial results for the quarter and half year ended on 30th September, 202630 Oct 2026 · Result / Financial Results
Outcome of the Board Meeting held on 30/10/2026 approving Unaudited Financial Results for the quarter and half year ended on 30th September, 2026, as reviewed by Audit Committee, along ....30 Oct 2026 · Board Meeting / Outcome of Board Meeting
Shree Rama Multi-Tech Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 30/10/2026 ,inter alia, to consider and approve Intimation of Board Meeting ....22 Oct 2026 · Board Meeting / Board Meeting
Reply to clarification sought on price movement as attached21 Oct 2026 · Company Update / General
The Exchange has sought clarification from Shree Rama Multi-Tech Ltd on October 19, 2026 with reference to significant movement in price, in order to ensure that investors have latest relevant ....19 Oct 2026 · Company Update / Clarification
Certificate under Reg. 74 of SEBI (DP) Reg. 20186 Oct 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Disclosure of Trading Window as per attach28 Sep 2026 · Insider Trading / SAST / Closure of Trading Window
Submission of Voting Result and Scrutinizer''s Report for the 32nd AGM as per attach26 Sep 2026 · AGM/EGM / AGM
Proceeding of 32nd Annual General Meeting of the Company held on 25th September, 2026 as per attach25 Sep 2026 · AGM/EGM / AGM
Pursuant to Reg. 30 read with Para B of Part A of Schedule of SEBI (LODR) Reg., 2015 as per attach21 Sep 2026 · Company Update / General
Submission of Newspaper advertisement for the Notice and E-Voting information for the 32nd AGM of the Company27 Aug 2026 · Company Update / Newspaper Publication
letter to Shareholders under Reg,. 36(1)(b) of SEBI (LODR) Reg., 201526 Aug 2026 · Company Update / General
Submission Of Annual Report For The Financial Year 2025-26 And Notice Of 32Nd AGM Of The Company26 Aug 2026 · Others / Reg. 34 (1) Annual Report
Submission of 32nd AGM Notice and Annual Report for the FY 2025-26 as per attach26 Aug 2026 · AGM/EGM / AGM
Disclosure of Newspaper Advertisement for the information regarding 32nd AGM of the Company to be held through VC/OAVM as per MCA Circular24 Aug 2026 · Company Update / Newspaper Publication
As per attached13 Aug 2026 · Company Update / General
Reappointment of Whole Time Director for the period of Three Years w.e.f 27/11/202613 Aug 2026 · Company Update / Change in Management
As per attached disclosure13 Aug 2026 · Result / Financial Results
As per attached outcome of the Board Meeting dated 13/08/2026 for approval of Unaudited Financial Results for the quarter ended pm 30/06/202613 Aug 2026 · Board Meeting / Outcome of Board Meeting
Shree Rama Multi-Tech 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 As per the attached intimation ....5 Aug 2026 · Board Meeting / Board Meeting
Certificate under Reg. 74 of SEBI (Depositories and Participants) Regulation, 2018 for the quarter ended on 30th June, 20266 Jul 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Closure of Trading window as per attach26 Jun 2026 · Insider Trading / SAST / Closure of Trading Window
Disclosure as per Reg. 30 of SEBI (LODR) Reg., 2015 attached herewith3 Jun 2026 · Company Update / General
Submission of Secretarial Compliance Report pursuant to Reg. 24 A of SEBI (LODR) Reg., 2015 as per attached26 May 2026 · Company Update / Reg.24(A)-Annual Secretarial Compliance
As per the attached letter9 May 2026 · Company Update / General
As per attached filed9 May 2026 · Result / Financial Results
In continuation to our letter dated 1st May, 2026, we hereby inform that the Board of Directors of the Company in its Meeting held on 9th May, 2026 has approved the Audited Financial Results ....9 May 2026 · Board Meeting / Outcome of Board Meeting
Shree Rama Multi-Tech Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 09/05/2026 ,inter alia, to consider and approve AS per the attached intimation ....1 May 2026 · Board Meeting / Board Meeting
Certificate under Reg. 74 of SEBI (DP) Regulation, 2018 as per attached2 Apr 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Intimation of closure of Trading window as per attached27 Mar 2026 · Insider Trading / SAST / Closure of Trading Window
Submission of Scrutinizers Report & Voting results of Postal Ballot pursuant to Reg. 44(3) of SEBI (LODR) Reg., 201523 Mar 2026 · AGM/EGM / Postal Ballot
Copy of Newspaper Publication for the Postal Ballot Notice17 Feb 2026 · Company Update / Newspaper Publication
Postal ballot Notice pursuant to Reg. 30 of SEBI (LODR) Reg., 2015 as per attached16 Feb 2026 · AGM/EGM / Postal Ballot
Completion of tenure of Shri Shalin S. Patel (DIN: 01779902) as Independent Director of the Company7 Feb 2026 · Company Update / Change in Management
Appointment of Sh. Shalin S. Patel (DIN: 01779902) as Non-Executive Non Independent (Additional) Director of the Company w.e.f 08/02/2026 subject to the approval of the members of the Company2 Feb 2026 · Company Update / Change in Management
Submission of Unaudited Financial Results for the quarter ended on 31/12/2025 as per attached2 Feb 2026 · Result / Financial Results
Submission of Outcome of the Board Meeting held on 02/02/2026 as per attached2 Feb 2026 · Board Meeting / Outcome of Board Meeting
Shree Rama Multi-Tech Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 02/02/2026 ,inter alia, to consider and approve Intimation of Board Meeting ....24 Jan 2026 · Board Meeting / Board Meeting
Certificate under Reg. 74(5) of SEBI (DP) Reg. 2018 attached herewith6 Jan 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Intimation of closure of Trading Window as per attached letter29 Dec 2025 · Insider Trading / SAST / Closure of Trading Window

Board meetings

30 Oct 2026 Board Meeting - Financial Results
13 Aug 2026 Board Meeting - Financial Results