Announcement • May 19
Kahan Packaging Limited to Report Second Half, 2026 Results on May 26, 2026 Kahan Packaging Limited announced that they will report second half, 2026 results on May 26, 2026 Valuation Update With 7 Day Price Move • Apr 08
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹44.00, the stock trades at a trailing P/E ratio of 10.4x. Average trailing P/E is 15x in the Packaging industry in India. Total loss to shareholders of 29% over the past year. Board Change • Feb 26
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 5 new directors. No experienced directors. 1 highly experienced director. 2 independent directors (4 non-independent directors). Whole Time Director Purvi Dholakia is the most experienced director on the board, commencing their role in 2013. Independent Director Naman Patel was the last independent director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Board Change • Feb 06
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 5 new directors. No experienced directors. 1 highly experienced director. 2 independent directors (4 non-independent directors). Whole Time Director Purvi Dholakia is the most experienced director on the board, commencing their role in 2013. Independent Director Naman Patel was the last independent director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Board Change • Jan 20
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 5 new directors. No experienced directors. 1 highly experienced director. 2 independent directors (4 non-independent directors). Whole Time Director Purvi Dholakia is the most experienced director on the board, commencing their role in 2013. Independent Director Naman Patel was the last independent director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Announcement • Nov 03
Kahan Packaging Limited to Report First Half, 2026 Results on Nov 13, 2025 Kahan Packaging Limited announced that they will report first half, 2026 results on Nov 13, 2025 Board Change • Oct 23
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 5 new directors. No experienced directors. 1 highly experienced director. 2 independent directors (4 non-independent directors). Whole Time Director Purvi Dholakia is the most experienced director on the board, commencing their role in 2013. Independent Director Naman Patel was the last independent director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Board Change • Sep 29
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 5 new directors. No experienced directors. 1 highly experienced director. 2 independent directors (4 non-independent directors). Whole Time Director Purvi Dholakia is the most experienced director on the board, commencing their role in 2013. Independent Director Naman Patel was the last independent director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Reported Earnings • Sep 06
Full year 2025 earnings released: EPS: ₹4.12 (vs ₹4.59 in FY 2024) Full year 2025 results: EPS: ₹4.12. Revenue: ₹284.1m (up 15% from FY 2024). Net income: ₹11.2m (up 12% from FY 2024). Profit margin: 3.9% (down from 4.1% in FY 2024). The decrease in margin was driven by higher expenses. Announcement • Aug 26
Kahan Packaging Limited, Annual General Meeting, Sep 26, 2025 Kahan Packaging Limited, Annual General Meeting, Sep 26, 2025. Board Change • Aug 04
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 5 new directors. No experienced directors. 1 highly experienced director. 2 independent directors (4 non-independent directors). Whole Time Director Purvi Dholakia is the most experienced director on the board, commencing their role in 2013. Independent Director Naman Patel was the last independent director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Reported Earnings • May 18
Full year 2025 earnings released: EPS: ₹4.12 (vs ₹4.59 in FY 2024) Full year 2025 results: EPS: ₹4.12. Revenue: ₹285.2m (up 16% from FY 2024). Net income: ₹11.2m (up 12% from FY 2024). Profit margin: 3.9% (down from 4.1% in FY 2024). The decrease in margin was driven by higher expenses. Valuation Update With 7 Day Price Move • May 09
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₹65.00, the stock trades at a trailing P/E ratio of 17.9x. Average trailing P/E is 20x in the Packaging industry in India. Total loss to shareholders of 17% over the past year. Valuation Update With 7 Day Price Move • Apr 21
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹71.83, the stock trades at a trailing P/E ratio of 19.8x. Average trailing P/E is 22x in the Packaging industry in India. Total loss to shareholders of 15% over the past year. Valuation Update With 7 Day Price Move • Mar 28
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₹48.05, the stock trades at a trailing P/E ratio of 13.2x. Average trailing P/E is 20x in the Packaging industry in India. Total loss to shareholders of 27% over the past year. Valuation Update With 7 Day Price Move • Feb 17
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to ₹67.10, the stock trades at a trailing P/E ratio of 18.5x. Average trailing P/E is 21x in the Packaging industry in India. Total loss to shareholders of 26% over the past year. New Risk • Nov 18
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 3.7% Last year net profit margin: 7.0% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.9x net interest cover). Share price has been highly volatile over the past 3 months (12% average weekly change). High level of non-cash earnings (25% accrual ratio). Market cap is less than US$10m (₹209.3m market cap, or US$2.48m). Minor Risks Profit margins are more than 30% lower than last year (3.7% net profit margin). Revenue is less than US$5m (₹267m revenue, or US$3.2m). Valuation Update With 7 Day Price Move • Nov 04
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ₹80.00, the stock trades at a trailing P/E ratio of 21.7x. Average trailing P/E is 25x in the Packaging industry in India. Total loss to shareholders of 17% over the past year. Announcement • Oct 31
Kahan Packaging Limited to Report First Half, 2025 Results on Nov 14, 2024 Kahan Packaging Limited announced that they will report first half, 2025 results on Nov 14, 2024 New Risk • Sep 18
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 7.9% 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 Debt is not well covered by operating cash flow (currently running at an operating cash loss). High level of non-cash earnings (33% accrual ratio). Market cap is less than US$10m (₹209.4m market cap, or US$2.50m). Minor Risks Share price has been volatile over the past 3 months (7.9% average weekly change). Revenue is less than US$5m (₹247m revenue, or US$2.9m). Announcement • Aug 26
Kahan Packaging Limited, Annual General Meeting, Sep 28, 2024 Kahan Packaging Limited, Annual General Meeting, Sep 28, 2024. Announcement • Aug 23
Kahan Packaging Limited Appoints Pooja Burad as Company Secretary Kahan Packaging Limited announced that at the board meeting held on August 23, 2024, approved the appointment of Ms. Pooja Burad as the Company Secretary with effect from August 23, 2024. Ms. Pooja Burad is an associate member of the institute of company secretaries of India, with membership number A71649. She holds both a bachelor's and a Master's degree in law from the esteemed DAVV University. Ms. Pooja has good years of experience working with listed and private companies, as well as significant experience in a firm of company secretaries. Announcement • Aug 16
Kahan Packaging Limited Announces Resignation of Mithun Patel as Company Secretary / Compliance Officer Kahan Packaging Limited announced that CS Mithun Patel (ACS 43753) vide his letter dated 10th August, 2024 has tendered his resignation from the post of Company Secretary & Compliance Officer and a Key Managerial Personnel of the Company to pursue career opportunity outside the Company with effect from closing of business hours of 10th August, 2024. Reported Earnings • Jun 05
Full year 2024 earnings released: EPS: ₹4.59 (vs ₹10.34 in FY 2023) Full year 2024 results: EPS: ₹4.59 (down from ₹10.34 in FY 2023). Revenue: ₹247.6m (up 41% from FY 2023). Net income: ₹10.0m (down 3.1% from FY 2023). Profit margin: 4.0% (down from 5.9% in FY 2023). The decrease in margin was driven by higher expenses. New Risk • May 28
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (8.7% operating cash flow to total debt). Share price has been highly volatile over the past 3 months (10% average weekly change). Market cap is less than US$10m (₹201.3m market cap, or US$2.42m). Minor Risks Latest financial reports are more than 6 months old (reported September 2023 fiscal period end). Revenue is less than US$5m (₹190m revenue, or US$2.3m). Announcement • May 23
Kahan Packaging Limited to Report Q4, 2024 Results on May 30, 2024 Kahan Packaging Limited announced that they will report Q4, 2024 results on May 30, 2024 Valuation Update With 7 Day Price Move • Apr 02
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to ₹82.99, the stock trades at a trailing P/E ratio of 17x. Average trailing P/E is 21x in the Packaging industry in India. Valuation Update With 7 Day Price Move • Dec 26
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to ₹103, the stock trades at a trailing P/E ratio of 21.2x. Average trailing P/E is 22x in the Packaging industry in India. Announcement • Oct 19
Kahan Packaging Limited Announces Resignation of Purvi Dholakia as Chief Financial Officer Kahan Packaging Limited announced that Mrs. Purvi Dholakia has resigned from the post of the Chief Financial Officer of the Company with effect from 18th October, 2023 due to the her pre-occupation, however she will be continuing as Director of the Company. New Risk • Oct 01
New major risk - Financial data availability The company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risks No financial data reported. Shares are highly illiquid. High level of non-cash earnings (25% accrual ratio). Market cap is less than US$10m (₹339.8m market cap, or US$4.09m). Board Change • Sep 18
Less than half of directors are independent There are 6 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 6 new directors. No experienced directors. No highly experienced directors. 2 independent directors (4 non-independent directors). Independent Director Tushar Shah is the most experienced director on the board, commencing their role in 2023. Independent Director Naman Patel was the last independent director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.