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Gujarat Raffia Industries Q2 FY27 Share Price & Earnings Call Analysis

₹41.29+0.71% today
Market cap
₹22 Cr
P/E
18.47
ROE
3.69%
Price to sales
0.25
Debt to equity
0.08
52W high / low
₹66.7 / ₹35.5
Sales growth (5Y)
17.95%
EBITDA margin
3.18%
Net profit margin
0.90%
Promoter holding
39.60%
Sales (last year)
₹86 Cr

Incorporated in 1984, Gujarat Raffia Industries Ltd manufactures PE Tarpaulin, PP Bags & allied products[1]

Potential multibaggers · Q2 FY27

Potential multibaggers in Industrial Products
on management's own guidance

  1. Strong growth
    2
  2. Strong growth
    1
  3. Strong growth
    3
See all potential multibaggersWhere does Gujarat Raffia Industries rank?

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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.

Peers

Industrial Products companies ranked on guidance

#CompanyRevenue guidedMargin guidedMarket capP/E
140%+Up 2%+₹403 Cr12.8
240%+Up 0–2%₹1,158 Cr12.7
340%+Flat₹6,675 Cr74.6
440%+Flat₹6,247 Cr15.4
540%+Flat₹4,948 Cr25.0
640%+Flat₹4,816 Cr53.3

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Financials of Gujarat Raffia Industries

Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.

Shareholder Pattern

Gujarat Raffia Industries

Shareholding breakup across reporting periods.

Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026
Promoters +39.56%39.65%39.56%39.56%39.56%39.56%39.60%39.60%39.60%39.60%39.60%39.60%
FIIs +0.00%0.00%0.00%0.00%0.44%0.44%0.00%0.00%0.00%0.00%0.00%0.00%
Public +60.45%60.35%60.44%60.44%60.00%60.00%60.40%60.39%60.40%60.41%60.40%60.40%
No. of Shareholders28,40228,40329,38029,54929,62129,62129,68729,65529,93529,72831,61429,558

Financials of Gujarat Raffia Industries

Quarterly Results

Quarter-by-quarter operating performance

Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026
Sales +7.637.157.1110.525.476.107.9611.5226.1123.9026.999.3911.64
YoY Sales growth+4.09%-13.44%-34.35%+16.50%-28.31%-14.69%+11.95%+9.51%+377.33%+291.80%+239.07%-18.49%-55.42%
Expenses +7.986.916.549.904.965.567.8310.3625.4023.5726.218.469.52
Operating Profit-0.350.240.570.620.510.540.131.160.710.330.780.932.12
OPM %-4.59%3.36%8.02%5.89%9.32%8.85%1.63%10.07%2.72%1.38%2.89%9.90%18.21%
Other Income +0.850.390.040.120.010.010.400.060.020.290.120.140.05
Interest0.100.090.080.080.350.110.060.060.060.060.070.030.03
Depreciation0.330.330.330.330.080.350.350.710.410.410.410.410.42
Profit before tax0.070.210.200.330.090.090.120.450.260.150.420.631.72
Tax %14.29%14.29%25.00%15.15%11.11%11.11%16.67%24.44%26.92%26.67%0.00%25.40%15.12%
Net Profit +0.060.180.150.280.070.080.100.340.190.110.410.471.46
EPS in Rs0.110.330.280.520.130.150.190.630.350.200.760.872.70

Financials of Gujarat Raffia Industries

Profit & Loss

Annual income statement trend

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales +38.7437.0336.5038.6247.5633.7638.7937.9839.2430.9130.0488.5671.92
Sales growth+6.14%-4.41%-1.43%+5.81%+23.15%-29.02%+14.90%-2.09%+3.32%-21.23%-2.81%+194.81%+39.14%
Expenses +34.4233.6332.4535.4445.0532.2136.2235.9437.7629.3328.2485.5367.76
Operating Profit4.323.404.053.182.511.552.572.041.481.581.803.034.16
OPM %11.15%9.18%11.10%8.23%5.28%4.59%6.63%5.37%3.77%5.11%5.99%3.42%5.78%
Other Income +0.100.720.040.010.430.510.310.562.140.890.530.440.60
Interest1.381.111.360.910.720.300.190.321.060.480.330.250.19
Depreciation2.062.011.711.211.071.211.440.971.281.321.381.951.65
Profit before tax0.981.001.021.071.150.551.251.311.280.670.621.272.92
Tax %19.39%21.00%23.53%20.56%20.00%41.82%4.80%14.50%19.53%19.40%16.13%17.32%
Net Profit +0.800.790.780.850.920.331.191.121.030.540.521.052.45
EPS in Rs1.601.581.561.701.700.612.202.071.911.000.961.944.53
Dividend Payout %0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Financials of Gujarat Raffia Industries

Balance Sheet

Capital structure and asset base

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026Sep 2026
Equity Capital4.994.994.994.995.405.405.405.405.405.405.405.405.40
Reserves6.687.478.259.1011.0511.3812.5713.6914.7115.2515.7716.8218.75
Borrowings +17.9018.2610.8510.2311.611.203.228.2212.543.522.501.871.11
Other Liabilities +5.403.959.238.109.027.673.275.493.071.871.703.631.91
Total Liabilities34.9734.6733.3232.4237.0825.6524.4632.8035.7226.0425.3727.7227.17
Fixed Assets +14.8613.0111.3110.199.579.037.649.1512.1310.7511.099.218.38
CWIP0.000.000.000.000.000.000.000.000.000.000.000.000.00
Investments0.050.050.000.000.000.000.000.000.002.005.607.7812.45
Other Assets +20.0621.6122.0122.2327.5116.6216.8223.6523.5913.298.6810.736.34
Total Assets34.9734.6733.3232.4237.0825.6524.4632.8035.7226.0425.3727.7227.17

Financials of Gujarat Raffia Industries

Cash Flows

Operating, investing and financing cash movement

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity +3.980.958.373.47-0.569.07-0.76-5.887.385.027.704.90
Cash from Investing Activity +-0.21-0.050.08-0.08-0.40-0.610.17-2.40-4.23-1.91-5.32-2.04
Cash from Financing Activity +-4.08-0.76-8.77-1.033.62-10.351.704.623.29-9.48-1.31-1.02
Net Cash Flow-0.300.14-0.322.362.66-1.891.11-3.666.44-6.371.071.83
Free Cash Flow3.730.838.413.39-1.018.41-0.81-8.373.135.075.974.83
CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit95%32%214%109%-22%585%-30%-288%499%318%428%162%

Financials of Gujarat Raffia Industries

Ratios

Working capital efficiency and return ratios

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days57.7688.51105.9092.4382.5858.3859.94101.1040.9341.9226.375.98
Inventory Days151.61144.01134.33106.9297.6592.8758.42120.98111.68105.7552.6318.19
Days Payable25.2023.6726.7321.5146.7737.9911.6839.9616.065.032.242.06
Cash Conversion Cycle184.16208.85213.51177.84133.46113.26106.68182.12136.54142.6476.7622.11
Working Capital Days73.4082.6036.2017.3915.5855.2560.7991.2030.51106.5153.8310.51
ROCE %7.75%7.03%8.68%8.18%7.14%3.69%6.48%6.47%6.90%4.05%3.97%5.49%

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What Gujarat Raffia Industries's management said in earlier quarters

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