Gujarat Raffia Industries
- Market cap
- ₹ 26 Cr.
- P/E
- 19.2x
- P/B
- 1.23x
- 52-week range
- 35.1 – 77.77
- ROE
- 5%
- ROCE
- 6.4%
- Dividend yield
- 0%
- Debt / equity
- 0.08
- Sector
- Industrial Products
- Industry
- Packaging
- Listed on
- NSE, BSE
About
Gujarat Raffia Industries Limited is an India-based manufacturing company. The Company is engaged in the business of manufacturing polyethylene (PE) tarpaulin, high-density polyethylene (HDPE)/ polypropylene (PP) woven sacks and the fabric business. Its product categories include industrial products, agricultural products, and camping and relief products. Its industrial products include HDPE/PE tarpaulin, PP woven bags, railway wagon covers and fumigation covers. The Company's agricultural products include sharkmat (pond liner), agricultural vermi bed, azolla bed, HDPE grow bags and HDPE weed mats. Its camping and relief products include tarpaulin tents, plastic sheeting/PE tarpaulin and PP ropes. Its HDPE fumigation covers are used to store millions of tons of food grain and is chemically treated to protect against insects, rodents and pests, among others in open field. The Company's PP bags are widely used for packing products, such as fertilizers, seeds, cement and many more.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Packaging: 96 companies →Gujarat Raffia Industries against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)19.2 against a typical 18.5: pricier than most peers (1st = cheapest).52nd of 95
- Sales growth−18.5% against a typical +22.9% from a year earlier.70th of 74
- Profit growth+38.2% against a typical +25.3% from a year earlier.26th of 68
- Share price, 3 months+10.9% against a typical −1.8%.24th of 87
- Size₹ 26 Cr. market value against a typical ₹ 116.3 Cr. (1st = largest).70th of 88
Credit ratings
Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates
No up-to-date rating
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| CRISIL | Crisil B(Issuer Not Cooperating) | Stable | 3 Aug 2026 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 3 Aug 2026 | Reaffirmed | Crisil B(Issuer Not Cooperating) | — | CRISIL | ₹ 15 Cr. |
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 13 Aug 2026 | Financial Results | To consider and approve the financial results for the period ended Jun 30, 2026 |
| 21 May 2026 | Financial Results | To consider and approve the financial results for the period ended March 31, 2026 |
| 13 Feb 2026 | Financial Results | To consider and approve the financial results for the period ended December 31, 2025 |
| 13 Nov 2025 | Financial Results | To consider and approve the financial results for the period ended September 30, 2025 |
| 14 Aug 2025 | Financial Results | To consider and approve the financial results for the period ended Jun 30, 2025 |
| 29 May 2025 | Financial Results | To consider and approve the financial results for the period ended March 31, 2025 |
Financials
Standalone figures in ₹ crore.
| ₹ Cr. | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 8 | 7 | 7 | 11 | 5 | 6 | 8 | 12 | 26 | 24 | 27 | 9 |
| Expenses | 8 | 7 | 7 | 10 | 5 | 6 | 8 | 10 | 25 | 24 | 26 | 8 |
| Operating Profit | −0 | 0 | 1 | 1 | 1 | 1 | 0 | 1 | 1 | 0 | 1 | 1 |
| OPM % | −4.6% | 3.4% | 8% | 5.9% | 9.3% | 8.9% | 1.6% | 10.1% | 2.7% | 1.4% | 2.9% | 9.9% |
| Other Income | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 0 |
| Profit before tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 |
| Tax % | 14.3% | 14.3% | 25% | 15.2% | 11.1% | 11.1% | 16.7% | 24.4% | 26.9% | 26.7% | 0% | 25.4% |
| Net Profit | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS in Rs | 0.11 | 0.33 | 0.28 | 0.52 | 0.13 | 0.15 | 0.19 | 0.63 | 0.35 | 0.2 | 0.76 | 0.87 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- 9%
- 5 Years
- 18%
- 3 Years
- 31%
- TTM
- 178%
- 10 Years
- 3%
- 5 Years
- 0%
- 3 Years
- 9%
- TTM
- 100%
- 10 Years
- 9%
- 5 Years
- 3%
- 3 Years
- 12%
- TTM
- —
- 10 Years
- 4%
- 5 Years
- 4%
- 3 Years
- 3%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Gujarat Raffia Industries | ₹ 59.50 | ₹ 26 Cr. | 19.2x | 1.2x | 5% | — |
| Supreme Industries | ₹ 3,450.00 | ₹ 43,824 Cr. | 45.7x | 7.1x | 16.1% | 8.5% |
| Astral | ₹ 1,353.00 | ₹ 36,348 Cr. | 67.8x | 9.2x | 14% | 8.1% |
| PG Electroplast | ₹ 472.00 | ₹ 13,535 Cr. | 91x | 5.8x | 6.7% | 3.7% |
| Garware Hi-Tech Films | ₹ 7,037.90 | ₹ 16,351 Cr. | 148.6x | 6.1x | 13.5% | 16% |
| Tega Industries | ₹ 1,721.60 | ₹ 12,919 Cr. | 78.9x | 3.6x | 5.9% | 8.4% |
Management
- Pradeep Ratanlal Kumar Bhutoria
- Executive Chairman of the Board, Managing Director
- Abhishek Pradeep Bhutoria
- Chief Financial Officer, Whole Time Director
- Rishi Jaithlia
- Compliance Officer, Company Secretary
- Sushma Pradeep Bhutoria
- Whole Time Director
Prices are delayed and for information only. Nothing on this page is investment advice.