Reported Earnings • May 05
Full year 2026 earnings released: EPS: ₹17.40 (vs ₹5.11 in FY 2025) Full year 2026 results: EPS: ₹17.40 (up from ₹5.11 in FY 2025). Revenue: ₹7.31b (up 16% from FY 2025). Net income: ₹408.0m (up 267% from FY 2025). Profit margin: 5.6% (up from 1.8% in FY 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 88% per year but the company’s share price has only increased by 33% per year, which means it is significantly lagging earnings growth. Annuncio • May 02
Kanpur Plastipack Limited Recommends Final Dividend for the Financial Year 2025-26 Kanpur Plastipack Limited held its board meeting on May 02, 2026. The Board of Directors have recommended a final dividend of INR 1.20/- per share i.e 12% dividend for the financial year 2025-26, which is subject to the approval of the shareholders at the ensuing Annual General Meeting. Annuncio • Apr 18
Kanpur Plastipack Limited to Report Q4, 2026 Results on May 02, 2026 Kanpur Plastipack Limited announced that they will report Q4, 2026 results at 12:15 PM, Indian Standard Time on May 02, 2026 New Risk • Mar 15
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Indian stocks, typically moving 9.1% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (9.1% average weekly change). Earnings have declined by 20% per year over the past 5 years. Minor Risks High level of debt (55% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Market cap is less than US$100m (₹4.04b market cap, or US$43.6m). Reported Earnings • Feb 05
Third quarter 2026 earnings released: EPS: ₹4.54 (vs ₹3.63 in 3Q 2025) Third quarter 2026 results: EPS: ₹4.54 (up from ₹3.63 in 3Q 2025). Revenue: ₹1.97b (up 23% from 3Q 2025). Net income: ₹107.0m (up 37% from 3Q 2025). Profit margin: 5.4% (up from 4.9% in 3Q 2025). Over the last 3 years on average, earnings per share has increased by 85% per year but the company’s share price has only increased by 29% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Feb 03
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₹200, the stock trades at a trailing P/E ratio of 18.2x. Average trailing P/E is 15x in the Packaging industry in India. Total returns to shareholders of 111% over the past three years. New Risk • Jan 30
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 26% per year over the past 5 years. Minor Risks High level of debt (55% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.0% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (₹4.18b market cap, or US$45.5m). Annuncio • Jan 19
Kanpur Plastipack Limited to Report Q3, 2026 Results on Feb 04, 2026 Kanpur Plastipack Limited announced that they will report Q3, 2026 results on Feb 04, 2026 Reported Earnings • Nov 11
Second quarter 2026 earnings released: EPS: ₹3.42 (vs ₹0.77 in 2Q 2025) Second quarter 2026 results: EPS: ₹3.42 (up from ₹0.77 in 2Q 2025). Revenue: ₹1.67b (up 9.8% from 2Q 2025). Net income: ₹79.4m (up 378% from 2Q 2025). Profit margin: 4.8% (up from 1.1% in 2Q 2025). Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has only increased by 29% per year, which means it is significantly lagging earnings growth. Annuncio • Nov 03
Kanpur Plastipack Limited announced that it expects to receive INR 67.610957 million in funding Kanpur Plastipack Limited announced a private placement with Mr. Manoj Agarwal to issue 333,700 fully paid-up equity shares at a price of INR 202.61 for gross proceeds of INR 67,610,957 on November 1, 2025. Annuncio • Oct 23
Kanpur Plastipack Limited to Report Q2, 2026 Results on Nov 10, 2025 Kanpur Plastipack Limited announced that they will report Q2, 2026 results on Nov 10, 2025 Upcoming Dividend • Aug 25
Upcoming dividend of ₹0.90 per share Eligible shareholders must have bought the stock before 01 September 2025. Payment date: 08 October 2025. Payout ratio is a comfortable 18% and this is well supported by cash flows. Trailing yield: 0.4%. Lower than top quartile of Indian dividend payers (1.3%). Lower than average of industry peers (0.9%). Annuncio • Aug 18
Kanpur Plastipack Limited (BSE:507779) acquired 76.19% stake in Valex Ventures Limited for INR 80.2 million. Kanpur Plastipack Limited (BSE:507779) acquired 76.19% stake in Valex Ventures Limited for INR 80.2 million in quarter ended on June 2025. The acquisition is funded through a mix of equity issue and cash.
Kanpur Plastipack Limited (BSE:507779) completed the acquisition of 76.19% stake in Valex Ventures Limited in quarter ended on June 2025. Annuncio • Aug 14
Kanpur Plastipack Limited, Annual General Meeting, Sep 08, 2025 Kanpur Plastipack Limited, Annual General Meeting, Sep 08, 2025, at 12:00 Indian Standard Time. Location: d 19-20, panki industrial, ares, kanpur - 208022., kanpur India Reported Earnings • Aug 14
First quarter 2026 earnings released: EPS: ₹2.63 (vs ₹0.64 loss in 1Q 2025) First quarter 2026 results: EPS: ₹2.63 (up from ₹0.64 loss in 1Q 2025). Revenue: ₹1.79b (up 36% from 1Q 2025). Net income: ₹72.3m (up ₹86.1m from 1Q 2025). Profit margin: 4.0% (up from net loss in 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 23% per year, which means it is well ahead of earnings. Annuncio • Aug 07
Kanpur Plastipack Limited announced that it has received INR 32.89 million in funding from Raghushree Earning Solutions LLP On August 7, 2025. Kanpur Plastipack Limited announced that it has closed the transaction. Annuncio • Aug 02
Kanpur Plastipack Limited to Report Q1, 2026 Results on Aug 13, 2025 Kanpur Plastipack Limited announced that they will report Q1, 2026 results on Aug 13, 2025 Valuation Update With 7 Day Price Move • Jun 12
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₹198, the stock trades at a trailing P/E ratio of 41.3x. Average trailing P/E is 25x in the Packaging industry in India. Total returns to shareholders of 76% over the past three years. Valuation Update With 7 Day Price Move • May 24
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ₹233, the stock trades at a trailing P/E ratio of 48.9x. Average trailing P/E is 22x in the Packaging industry in India. Total returns to shareholders of 89% over the past three years. New Risk • May 21
New minor risk - Dividend sustainability The company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 0.4% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.5x net interest cover). Earnings have declined by 30% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (9.1% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (₹5.04b market cap, or US$58.8m). Reported Earnings • May 17
Full year 2025 earnings released: EPS: ₹5.11 (vs ₹0.38 in FY 2024) Full year 2025 results: EPS: ₹5.11 (up from ₹0.38 in FY 2024). Revenue: ₹6.43b (up 29% from FY 2024). Net income: ₹111.1m (up ₹103.0m from FY 2024). Profit margin: 1.7% (up from 0.2% in FY 2024). Over the last 3 years on average, earnings per share has fallen by 58% per year but the company’s share price has increased by 16% per year, which means it is well ahead of earnings. Annuncio • May 17
Kanpur Plastipack Limited announced that it expects to receive INR 32.89 million in funding from Raghushree Earning Solutions LLP Kanpur Plastipack Limited announced a private placement of 1,012,000 fully convertible warrants at a price of INR 32.5 per warrants for the gross proceeds of INR 32,890,000 on May 15, 2025. The warrants will be issued on preferential basis. The warrants will have an exercise price of INR 97.5 per share. The transaction will include participation from Raghushree Earning Solutions LLP for 385,000 warrants for the gross proceeds of INR 12,512,500, Manoj Agarwal for 100,000 warrants, Shashank Agarwal for 162,000 warrants, Usha Agarwal for 35,000 warrants, Manjari Agarwal for 23,000 warrants, Jayatika Goyal for 180,000 warrants, Kanika Mahadevwala for 50,000 warrants, Rohit Rajpal for 38,500 warrants, Sachit Passi for 38,500 warrants. The transaction has been approved by the shareholders of the company. New Risk • May 16
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.1x net interest cover). Earnings have declined by 27% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (8.6% average weekly change). Market cap is less than US$100m (₹4.57b market cap, or US$53.4m). Annuncio • May 15
Kanpur Plastipack Limited Recommends Final Dividend for the Financial Year 2024-25 Kanpur Plastipack Limited in its Board of Directors Meeting held on May 15, 2025 have recommended a final dividend of INR 0.90 i.e. 9% dividend for the financial year 2024-25, which is subject to the approval of the shareholders at the upcoming Annual General Meeting. Valuation Update With 7 Day Price Move • May 09
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹133, the stock trades at a trailing P/E ratio of 27.3x. Average trailing P/E is 20x in the Packaging industry in India. Total returns to shareholders of 9.7% over the past three years. Annuncio • Apr 25
Kanpur Plastipack Limited to Report Q4, 2025 Results on May 15, 2025 Kanpur Plastipack Limited announced that they will report Q4, 2025 results on May 15, 2025 Valuation Update With 7 Day Price Move • Feb 12
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to ₹123, the stock trades at a trailing P/E ratio of 24.5x. Average trailing P/E is 23x in the Packaging industry in India. Total loss to shareholders of 2.7% over the past three years. Reported Earnings • Feb 07
Third quarter 2025 earnings released: EPS: ₹3.63 (vs ₹3.15 loss in 3Q 2024) Third quarter 2025 results: EPS: ₹3.63 (up from ₹3.15 loss in 3Q 2024). Revenue: ₹1.61b (up 30% from 3Q 2024). Net income: ₹78.2m (up ₹145.8m from 3Q 2024). Profit margin: 4.9% (up from net loss in 3Q 2024). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 89 percentage points per year, which is a significant difference in performance. Annuncio • Jan 16
Kanpur Plastipack Limited to Report Q3, 2025 Results on Feb 05, 2025 Kanpur Plastipack Limited announced that they will report Q3, 2025 results on Feb 05, 2025 New Risk • Jan 02
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (0.2x net interest cover). Earnings have declined by 26% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (7.5% average weekly change). Market cap is less than US$100m (₹2.79b market cap, or US$32.5m). Reported Earnings • Nov 12
Second quarter 2025 earnings released: EPS: ₹0.77 (vs ₹1.04 in 2Q 2024) Second quarter 2025 results: EPS: ₹0.77 (down from ₹1.04 in 2Q 2024). Revenue: ₹1.54b (up 28% from 2Q 2024). Net income: ₹16.6m (down 26% from 2Q 2024). Profit margin: 1.1% (down from 1.9% in 2Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 110 percentage points per year, which is a significant difference in performance. Annuncio • Oct 28
Kanpur Plastipack Limited to Report Q2, 2025 Results on Nov 11, 2024 Kanpur Plastipack Limited announced that they will report Q2, 2025 results on Nov 11, 2024 Annuncio • Aug 27
Kanpur Plastipack Limited, Annual General Meeting, Sep 20, 2024 Kanpur Plastipack Limited, Annual General Meeting, Sep 20, 2024, at 12:00 Indian Standard Time. Location: d 19-20, panki industrial, ares, kanpur - 208022., kanpur India Reported Earnings • Aug 10
First quarter 2025 earnings released: ₹0.64 loss per share (vs ₹0.96 profit in 1Q 2024) First quarter 2025 results: ₹0.64 loss per share (down from ₹0.96 profit in 1Q 2024). Revenue: ₹1.36b (up 36% from 1Q 2024). Net loss: ₹13.8m (down 166% from profit in 1Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 94 percentage points per year, which is a significant difference in performance. Annuncio • Jul 30
Kanpur Plastipack Limited to Report Q1, 2025 Results on Aug 09, 2024 Kanpur Plastipack Limited announced that they will report Q1, 2025 results on Aug 09, 2024 Annuncio • Jun 13
Kanpur Plastipack Limited Appoints Shobhit Agarwal as Chief Financial Officer Kanpur Plastipack Limited at its board of directors through its Empowered Committee in the meeting held on 10 June, 2024, on the recommendation of Nomination and Remuneration Committee and the Audit Committee, has appointed Mr. Shobhit Agarwal as Chief Financial Officer and key managerial personnel of the Company with effect from 10 June, 2024. Mr. Shobhit Agarwal is a qualified Chartered Accountant with over 13 years of rich experience in the domains of Finance, Taxation, Management Information Statement and Financial Planning & Analysis etc. In his previous positions, he has worked with Ultratech Cement, RSPL Group, HSBC, Clove Dental and previously also worked with Company. Reported Earnings • May 30
Full year 2024 earnings released: EPS: ₹0.38 (vs ₹1.69 in FY 2023) Full year 2024 results: EPS: ₹0.38 (down from ₹1.69 in FY 2023). Revenue: ₹5.09b (up 6.8% from FY 2023). Net income: ₹8.07m (down 78% from FY 2023). Profit margin: 0.2% (down from 0.8% in FY 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 70 percentage points per year, which is a significant difference in performance. Annuncio • May 09
Kanpur Plastipack Limited to Report Q4, 2024 Results on May 28, 2024 Kanpur Plastipack Limited announced that they will report Q4, 2024 results on May 28, 2024 Reported Earnings • Feb 14
Third quarter 2024 earnings released: ₹3.15 loss per share (vs ₹2.11 loss in 3Q 2023) Third quarter 2024 results: ₹3.15 loss per share (further deteriorated from ₹2.11 loss in 3Q 2023). Revenue: ₹1.24b (up 31% from 3Q 2023). Net loss: ₹67.6m (loss widened 50% from 3Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 69 percentage points per year, which is a significant difference in performance. Annuncio • Feb 08
Kanpur Plastipack Limited Announces Change in Directorate Kanpur Plastipack Limited announced the retirement of Mr. Prem Singh Khamesra (DIN: 00049162), Independent Director with effect from 31st March, 2024. Mr. Prem Singh Khamesra has successfully completed two tenures of consecutive five years as an Independent Director in the Company. The Board put on record its appreciation for the contribution made by him during his association with the company. Appointment of Mr. Sanjeev Singhal (DIN:05125361) as an Additional Director in the capacity of an Independent Director with effect from 08th February, 2024. His regularization for a consecutive period of five years will be placed before the shareholders in due course. Mr. Sanjeev Singhal, age 62, is a Chartered Accountant and a Company Secretary with a Hons. Degree in Economics from Loyola College, Chennai. He brings with him over 35 years of diversified experience across various industries that include Financial Services, Management Consultancy, Media, Telecom, Retail, Solar Power & Renewable Energy. Successfully built and led teams that delivered on the operational and bottom line KRAs. He is currently engaged in consulting and mentoring services in the field of Operational processes, risk management and financial restructuring etc. Earlier he was associated with Spice Group, Bennett Coleman & Company Ltd., Pricewaterhouse Coopers Pvt. Ltd., China Trust Commercial Bank and Standard Chartered Bank. Valuation Update With 7 Day Price Move • Feb 02
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹145, the stock trades at a trailing P/E ratio of 44.2x. Average trailing P/E is 23x in the Packaging industry in India. Total returns to shareholders of 81% over the past three years. Annuncio • Jan 25
Kanpur Plastipack Limited to Report Q3, 2024 Results on Feb 08, 2024 Kanpur Plastipack Limited announced that they will report Q3, 2024 results on Feb 08, 2024 Reported Earnings • Nov 10
Second quarter 2024 earnings released: EPS: ₹1.04 (vs ₹1.28 loss in 2Q 2023) Second quarter 2024 results: EPS: ₹1.04 (up from ₹1.28 loss in 2Q 2023). Revenue: ₹1.20b (down 4.7% from 2Q 2023). Net income: ₹22.4m (up ₹49.8m from 2Q 2023). Profit margin: 1.9% (up from net loss in 2Q 2023). Annuncio • Oct 18
Kanpur Plastipack Limited to Report Q2, 2024 Results on Nov 06, 2023 Kanpur Plastipack Limited announced that they will report Q2, 2024 results on Nov 06, 2023 Annuncio • Sep 22
Kanpur Plastipack Limited Approves Final Dividend for the Year 2022-23 Kanpur Plastipack Limited announced that at its AGM held on September 14, 2023, approved the final dividend for the year 2022-23 at the rate of INR 0.50/per share on the paid-up Equity Share Capital of the Company absorbing INR 1,07,33,379.00(INR 0.50/- on INR 2,14,66,758 fully paid up equity shares). Annuncio • Sep 16
Kanpur Plastipack Limited Approves Appointment of Shri. Rajesh Chawla as an Independent Director Kanpur Plastipack Limited announced at annual general meeting held on September 14, 2023, the shareholders approved appointment of Shri. Rajesh Chawla as an Independent Director of the company. Upcoming Dividend • Sep 01
Upcoming dividend of ₹0.50 per share at 0.4% yield Eligible shareholders must have bought the stock before 08 September 2023. Payment date: 14 October 2023. Payout ratio is a comfortable 30% and this is well supported by cash flows. Trailing yield: 0.4%. Lower than top quartile of Indian dividend payers (1.4%). Lower than average of industry peers (0.9%). New Risk • Aug 06
New major risk - Revenue and earnings growth Earnings have declined by 3.2% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (0.6x net interest cover). Earnings have declined by 3.2% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (0.5% net profit margin). Market cap is less than US$100m (₹2.57b market cap, or US$31.1m). Reported Earnings • Aug 05
First quarter 2024 earnings released: EPS: ₹0.96 (vs ₹1.69 in 1Q 2023) First quarter 2024 results: EPS: ₹0.96 (down from ₹1.69 in 1Q 2023). Revenue: ₹1.02b (down 30% from 1Q 2023). Net income: ₹20.7m (down 43% from 1Q 2023). Profit margin: 2.0% (down from 2.5% in 1Q 2023). The decrease in margin was driven by lower revenue. Valuation Update With 7 Day Price Move • Jun 02
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹103, the stock trades at a trailing P/E ratio of 61.1x. Average trailing P/E is 18x in the Packaging industry in India. Total loss to shareholders of 16% over the past year. Reported Earnings • May 30
Full year 2023 earnings released: EPS: ₹1.69 (vs ₹12.20 in FY 2022) Full year 2023 results: EPS: ₹1.69 (down from ₹12.20 in FY 2022). Revenue: ₹4.81b (down 23% from FY 2022). Net income: ₹36.3m (down 86% from FY 2022). Profit margin: 0.8% (down from 4.2% in FY 2022). The decrease in margin was driven by lower revenue. Annuncio • May 27
Kanpur Plastipack Limited Recommends Final Dividend for the Financial Year 2022-23 Kanpur Plastipack Limited recommended Final Dividend of 0.50 per equity share for the financial year 2022-23 subject to the approval of shareholders at ensuing Annual General Meeting at the board meeting held on May 26, 2023. Annuncio • May 17
Kanpur Plastipack Limited to Report Q4, 2023 Results on May 26, 2023 Kanpur Plastipack Limited announced that they will report Q4, 2023 results on May 26, 2023 Reported Earnings • Feb 12
Third quarter 2023 earnings released: ₹2.11 loss per share (vs ₹3.44 profit in 3Q 2022) Third quarter 2023 results: ₹2.11 loss per share (down from ₹3.44 profit in 3Q 2022). Revenue: ₹955.9m (down 37% from 3Q 2022). Net loss: ₹45.2m (down 161% from profit in 3Q 2022). Annuncio • Jan 24
Kanpur Plastipack Limited to Report Q3, 2023 Results on Feb 11, 2023 Kanpur Plastipack Limited announced that they will report Q3, 2023 results on Feb 11, 2023 Valuation Update With 7 Day Price Move • Dec 07
Investor sentiment improved over the past week After last week's 21% share price gain to ₹111, the stock trades at a trailing P/E ratio of 15.9x. Average trailing P/E is 16x in the Packaging industry in India. Total loss to shareholders of 14% over the past year. Board Change • Nov 16
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 2 experienced directors. 5 highly experienced directors. MD, CEO & Chairman Manoj Agarwal was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 06
Second quarter 2023 earnings released Second quarter 2023 results: ₹1.28 loss per share. Revenue: ₹1.27b (down 23% from 2Q 2022). Net loss: ₹27.4m (down 147% from profit in 2Q 2022). Upcoming Dividend • Aug 18
Upcoming dividend of ₹1.20 per share Eligible shareholders must have bought the stock before 25 August 2022. Payment date: 10 September 2022. Payout ratio is a comfortable 12% but the company is not cash flow positive. Trailing yield: 1.0%. Lower than top quartile of Indian dividend payers (1.7%). Lower than average of industry peers (1.2%). Reported Earnings • Aug 04
First quarter 2023 earnings released: EPS: ₹1.69 (vs ₹4.05 in 1Q 2022) First quarter 2023 results: EPS: ₹1.69 (down from ₹4.05 in 1Q 2022). Revenue: ₹1.46b (up 1.8% from 1Q 2022). Net income: ₹36.3m (down 58% from 1Q 2022). Profit margin: 2.5% (down from 6.1% in 1Q 2022). The decrease in margin was driven by higher expenses. Recent Insider Transactions • Jun 23
Deputy MD & Whole Time Director recently bought ₹120k worth of stock On the 20th of June, Shashank Agarwal bought around 1k shares on-market at roughly ₹119 per share. This was the largest purchase by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. Board Change • Jun 02
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 3 highly experienced directors. MD & Chairman Manoj Agarwal was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • May 26
Full year 2022 earnings released: EPS: ₹12.20 (vs ₹14.06 in FY 2021) Full year 2022 results: EPS: ₹12.20 (down from ₹14.06 in FY 2021). Revenue: ₹6.25b (up 38% from FY 2021). Net income: ₹262.0m (down 13% from FY 2021). Profit margin: 4.2% (down from 6.7% in FY 2021). The decrease in margin was driven by higher expenses. Valuation Update With 7 Day Price Move • Apr 04
Investor sentiment improved over the past week After last week's 15% share price gain to ₹142, the stock trades at a trailing P/E ratio of 8.2x. Average trailing P/E is 13x in the Packaging industry in India. Total returns to shareholders of 52% over the past year. Valuation Update With 7 Day Price Move • Mar 11
Investor sentiment improved over the past week After last week's 17% share price gain to ₹132, the stock trades at a trailing P/E ratio of 8.3x. Average trailing P/E is 14x in the Packaging industry in India. Total returns to shareholders of 25% over the past year. Reported Earnings • Feb 13
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: ₹3.44 (down from ₹3.46 in 3Q 2021). Revenue: ₹1.50b (up 25% from 3Q 2021). Net income: ₹73.7m (flat on 3Q 2021). Profit margin: 4.9% (down from 6.2% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Reported Earnings • Nov 18
Second quarter 2022 earnings released The company reported a mediocre second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2022 results: Revenue: ₹1.65b (up 61% from 2Q 2021). Net income: ₹58.3m (down 20% from 2Q 2021). Profit margin: 3.5% (down from 7.1% in 2Q 2021). The decrease in margin was driven by higher expenses. Valuation Update With 7 Day Price Move • Nov 17
Investor sentiment deteriorated over the past week After last week's 21% share price decline to ₹139, the stock trades at a trailing P/E ratio of 9.4x. Average trailing P/E is 12x in the Packaging industry in India. Valuation Update With 7 Day Price Move • Sep 14
Investor sentiment deteriorated over the past week After last week's 28% share price decline to ₹169, the stock trades at a trailing P/E ratio of 14.3x. Average trailing P/E is 12x in the Packaging industry in India. Valuation Update With 7 Day Price Move • Aug 26
Investor sentiment improved over the past week After last week's 50% share price gain to ₹234, the stock trades at a trailing P/E ratio of 14.3x. Average trailing P/E is 13x in the Packaging industry in India. Upcoming Dividend • Aug 18
Upcoming dividend of ₹1.80 per share Eligible shareholders must have bought the stock before 25 August 2021. Payment date: 10 September 2021. Trailing yield: 0.7%. Lower than top quartile of Indian dividend payers (1.5%). Lower than average of industry peers (1.1%). Valuation Update With 7 Day Price Move • Aug 11
Investor sentiment deteriorated over the past week After last week's 18% share price decline to ₹218, the stock trades at a trailing P/E ratio of 9.8x. Average trailing P/E is 18x in the Packaging industry in India. Reported Earnings • Jul 29
First quarter 2022 earnings released: EPS ₹6.08 (vs ₹2.69 in 1Q 2021) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: ₹1.46b (up 88% from 1Q 2021). Net income: ₹87.0m (up 126% from 1Q 2021). Profit margin: 6.0% (up from 4.9% in 1Q 2021). The increase in margin was driven by higher revenue. Valuation Update With 7 Day Price Move • Jul 16
Investor sentiment improved over the past week After last week's 18% share price gain to ₹280, the stock trades at a trailing P/E ratio of 13.5x. Average trailing P/E is 18x in the Packaging industry in India. Executive Departure • Jun 02
Chairman Emeritus Mahesh Agarwal has left the company On the 31st of May, Mahesh Agarwal's tenure in the role of Chairman Emeritus ended. As of March 2021, Mahesh personally held 2.54m shares (₹367m worth at the time). Mahesh is the only executive to leave the company over the last 12 months. Reported Earnings • May 27
Full year 2021 earnings released: EPS ₹20.79 (vs ₹3.45 in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: ₹4.59b (up 44% from FY 2020). Net income: ₹301.8m (up ₹252.5m from FY 2020). Profit margin: 6.6% (up from 1.5% in FY 2020). The increase in margin was driven by higher revenue. Valuation Update With 7 Day Price Move • May 18
Investor sentiment improved over the past week After last week's 18% share price gain to ₹184, the stock trades at a trailing P/E ratio of 12.8x. Average trailing P/E is 13x in the Packaging industry in India. Valuation Update With 7 Day Price Move • Mar 04
Investor sentiment improved over the past week After last week's 23% share price gain to ₹162, the stock is trading at a trailing P/E ratio of 10.5x, up from the previous P/E ratio of 8.5x. This compares to an average P/E of 10x in the Packaging industry in India. Reported Earnings • Feb 12
Third quarter 2021 earnings released: EPS ₹5.19 (vs ₹0.99 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: ₹1.20b (up 52% from 3Q 2020). Net income: ₹74.3m (up 423% from 3Q 2020). Profit margin: 6.2% (up from 1.8% in 3Q 2020). The increase in margin was driven by higher revenue.