GUJRAFFIAIndustrials

Gujarat Raffia Industries Limited

Packaging · ISIN INE610B01024 · BSE 523836 · NSE EQ · FV ₹10
Last price
₹41
+1.69%today
What this company does

Gujarat Raffia Industries Limited operates in Packaging, part of the Industrials sector. It booked ₹11 cr of revenue in its latest quarter (Q1 FY25) and kept 2.6% of sales as profit.

In the report:
64out of 100
Equitytale Health Score
Mixed

Healthier than 64% of companies in Industrials, on the 5 of 6 measures we could read for it. Each measure is ranked against the 234–290 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
51

At close. Not part of the score.

Profitability & returns27

How much profit it earns on the money it employs

Balance sheet75

How much it owes, and whether earnings cover the interest

Cash quality97

Whether reported profit actually arrives as cash

Valuation67

What today's price implies, against our models or its peers

Governance & risk86

How much of the promoters' stake is pledged, and how much they hold

Not measurable for this company: growth & consistency. Those pillars are left out of the score rather than counted as zero.

Is this company doing well?
not investment advice
Strengths
Makes a profit
No promoter shares pledged
Virtually debt-free
Turns profit into real cash
Watch-outs
! Thin 2.6% net margin
! Low 5.4% return on equity

What if I invest in GUJRAFFIA?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 5% a year, it would become
₹15.50 lakh

The slider starts at 5%, taken from a generic assumption, not this company's history. That is history, not a forecast — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹41 +1.69%
latest close · 2026-09-17
1-year return
+40.1%
52-wk low ₹2852-wk high ₹52
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio20.1Average
LowAverageHigh
P/B ratio1.07Moderate
Below bookModerateHigh
EV / EBITDA7.8Low
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity5.4%Weak
WeakFairStrong ▸15%
Return on capital7.1%Weak
WeakFairStrong
Net margin2.6%Thin
ThinDecentStrong
EBITDA margin7.0%Thin
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.08Comfortable
LowModerateHigh ▸1
Interest cover5.2×Strong
RiskyOkayStrong ▸5×
Current ratio4.73Ample
Tight ◂1HealthyAmple
More figures
Market cap
₹22 cr
Book value
₹38
EPS
₹0.51
latest quarter
Net debt
₹72.1 L
owes more than its cash
Enterprise value
₹23 cr
EBITDA
₹3 cr
annualised
EBIT
₹2 cr
annualised
Operating margin
3.9%
Return on assets
4.3%
Earnings yield
4.99%
P/S
0.53
Sales / share
₹77.9
Tax rate
15.6%
Face value
₹10
Shares
0.5 cr
Working capital
₹12 cr
Current assets
₹15 cr
Current liabilities
₹3 cr
Delivery %
60.2%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.

Worth vs price · from the FY 2025 report & filings
not investment advice
Hard to value confidentlyLow confidence
It earns about 5% on its capital — below the ~14% return we'd require to fund it — so a low price is likely justified, not a bargain.
Models span ₹99₹99, midpoint ₹99

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY25 (consolidated)
Revenue from Operations₹11 cr
Other Income₹12.4 L
Total Income₹11 cr
Cost of Materials₹6 cr
Purchases of Stock-in-Trade₹0 cr
Inventory Change (±)₹2 cr
Employee Benefit Expense₹54.5 L
Finance Costs₹7.7 L
Depreciation & Amortisation₹32.8 L
Other Expenses₹1 cr
Total Expenses₹10 cr
Profit before Tax₹32.8 L
Tax Expense₹5.1 L
Net Profit₹27.7 L
Net margin on total income2.6%
Where the money goes · Q1 FY25
% of total income
Materials + stock-in-trade₹8 cr78.3%
Employee benefit expense₹54.5 L5.1%
Finance costs₹7.7 L0.7%
Depreciation & amortisation₹32.8 L3.1%
Other expenses₹1 cr9.7%
Tax expense₹5.1 L0.5%
Profit for the period₹27.7 L2.6%
Total income ₹11 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ4 FY24Q1 FY25
Revenue7 cr11 cr
Total income7 cr11 cr
Expenses7 cr10 cr
Profit before tax20.1 L32.8 L
Tax7.5 L5.1 L
Net profit (owners' share)12.6 L27.7 L
Net margin (owners' share, on revenue)1.8%2.6%
EPS (₹)0.230.51
Balance sheet & cash flow · as of Mar 2024
Low debt
Total assets
₹26 cr
Shareholder equity
₹21 cr
parent shareholders
Total debt
₹2 cr
Cash
₹93.2 L
Cash flow · FY24
Operating
₹5 cr
Investing
₹-2 cr
Financing
₹-9 cr
Peer comparison
Packaging · by market value
CompanyPriceMarket capP/E
EPL Limited₹231₹7,416 cr18.8
AGI Greenpac Limited₹734₹4,747 cr11.9
UFLEX Limited₹653₹4,715 cr2.8
TCPL Packaging Limited₹3,863₹3,516 cr22.0
Polyplex Corporation Limited₹1,085₹3,406 cr9.4
Jindal Poly Films Limited₹726₹3,179 cr9.1
Xpro India Limited₹1,236₹2,901 cr91.4
COSMO FIRST LIMITED₹880₹2,310 cr10.6
Mold-Tek Packaging Limited₹662₹2,069 cr29.1
Same industry · latest reported numbers · not a recommendation.
Who owns it · 2026-06-30
No pledge
Promoter
39.6%
Public
60.4%
Smart-money activity
Insider trades
BoughtBengal Business LLP · Promoters2.10 L · ₹73.4 L20 Dec 18
BoughtAsian Gases Limited · Promoters2.00 L · ₹70.0 L20 Dec 18
BoughtPradeep R. Bhutoria · Promoters2.80 L · ₹19.6 L24 Aug 15
Bulk / block deals
BoughtD3 STOCK VISION LLP · NSE36,239 @ ₹70.9920 Oct 25
SoldD3 STOCK VISION LLP · NSE20,378 @ ₹71.0820 Oct 25
BoughtNEO APEX VENTURE LLP · NSE40,000 @ ₹64.2417 Oct 25
Stake changes
BoughtBengal Businss LLP · promoter→ 19.05% · 4.10 L20 Dec 18
BoughtAsian Gases ltd · promoter→ 8.83% · 2.00 L20 Dec 18
OthersBengal Business LLP alongwith PACs · promoter→ 39.15%20 Dec 18
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Yearly shareholder meeting · 12 Aug 2025
See the official result
1
To receive, consider and adopt the Audited Financial Statements as at 31st March, 2025 including the Audited Balance Sheet as at 31st March, 2025, the Statement of Profit and Loss and cash flow statement for the year ended on that date and reports of the Directors’ and Auditors’ thereon.
Backed by 100% of shareholders other than promotersneeded 50%
1,239 votes for, 0 against
2
To appoint a Director in place of Mrs. Sushma Pradeep Bhutoria (DIN: 00284819) who retires by rotation at this Annual General Meeting and being eligible offers herself for reappointment
Promoters had a personal stake in this
Backed by 100% of shareholders other than promotersneeded 50%
1,239 votes for, 0 against
3
To consider and approve the appointment of Statutory Auditor
Backed by 100% of shareholders other than promotersneeded 50%
1,239 votes for, 0 against

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 7 named members
owning 39.6% between them · as of 2026-06-30
PRADEEP BHUTORIA12.62%
BENGAL BUSINESS LLP9.44%
ASIAN GASES LTD8.16%
PRADEEPKUMAR BHUTORIA (HUF)3.46%
SUSHMA BHUTORIA2.65%
ABHISHEK P BHUTORIA2.51%
SNEHA BHUTORIA0.76%

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.