Rajshree PolyPack Limited profit rises 9% to Rs 5.03 crore

Rajshree PolyPack Limited reported standalone profit of Rs 5.03 crore for the quarter ended September 30, 2026, up 9% from Rs 4.5951 crore a year earlier, as revenue from operations rose 19% to Rs 102.8954 crore. Profit was below the Rs 7.2568 crore reported in the June 2026 quarter.

How did Rajshree PolyPack perform in the September 2026 quarter?

Rajshree PolyPack increased revenue from operations by Rs 16.4668 crore year on year to Rs 102.8954 crore in the September 2026 quarter, while total income reached Rs 103.4388 crore from Rs 88.3773 crore. The unaudited standalone results cover one reportable segment, Plastic Packaging Product, under Indian Accounting Standard 108 (Ind AS 108).

Profit before tax increased to Rs 6.5742 crore from Rs 6.0058 crore in the September 2025 quarter, while profit for the period rose by Rs 0.4349 crore to Rs 5.03 crore. Current tax expense was Rs 1.3012 crore, compared with Rs 1.1531 crore a year earlier, according to the results approved by the board on November 3, 2026.

Why was Rajshree PolyPack’s September profit lower than June?

Rajshree PolyPack’s September-quarter profit was Rs 2.2268 crore lower than the Rs 7.2568 crore recorded in the June 2026 quarter, although revenue from operations changed by only Rs 0.0152 crore. Profit before tax fell by Rs 2.8179 crore sequentially to Rs 6.5742 crore, while total income declined by Rs 1.5687 crore.

Other income was Rs 54.34 lakh in the September quarter, against Rs 2.0969 crore in the June quarter. Total expenses increased to Rs 96.8646 crore from Rs 95.6154 crore, and the filing does not provide an operational explanation for the sequential movements in income or profit.

Which September-quarter costs changed for Rajshree PolyPack?

Rajshree PolyPack’s total expenses rose to Rs 96.8646 crore in the September 2026 quarter from Rs 82.3715 crore a year earlier. Cost of materials consumed increased by Rs 17.5715 crore to Rs 70.6247 crore, the largest absolute change among the disclosed expense lines.

Employee-benefit expense rose to Rs 9.2485 crore from Rs 8.0063 crore and depreciation and amortisation increased to Rs 4.6509 crore from Rs 4.2352 crore. Finance costs declined to Rs 2.3713 crore from Rs 2.6453 crore, while other expenses decreased to Rs 13.1095 crore from Rs 15.4233 crore despite the higher revenue base.

Sequentially, material consumption rose by Rs 8.3095 crore from the June 2026 quarter, while other expenses fell by Rs 3.0787 crore. Changes in inventories moved from an expense of Rs 1.162 crore in June to a credit of Rs 3.1764 crore in September, contributing to the reported expense pattern.

What did Rajshree PolyPack report for the first half?

Rajshree PolyPack reported first-half profit of Rs 12.2868 crore for the half year ended September 30, 2026, up from Rs 8.6779 crore in the corresponding 2025 half. Revenue from operations increased by Rs 36.8609 crore to Rs 205.806 crore, compared with Rs 168.9451 crore a year earlier.

First-half profit before tax rose to Rs 15.9663 crore from Rs 11.4128 crore, while total income increased to Rs 208.0463 crore from Rs 172.8611 crore. The first-half profit gain reflected the June-quarter profit of Rs 7.2568 crore as well as the September-quarter profit of Rs 5.03 crore.

Material consumption over the six months increased to Rs 132.9399 crore from Rs 106.3796 crore, and employee-benefit expense rose to Rs 18.0466 crore from Rs 15.3459 crore. Finance costs fell to Rs 4.8079 crore from Rs 5.4981 crore, while other expenses decreased to Rs 29.2977 crore from Rs 30.751 crore.

How did Rajshree PolyPack’s working capital and cash flow change?

Rajshree PolyPack generated net cash from operating activities of Rs 17.7168 crore in the half year ended September 30, 2026, compared with Rs 13.6111 crore a year earlier. Cash generated from operations was Rs 19.6689 crore, after which the company paid Rs 1.9521 crore in income taxes.

Higher trade receivables and other assets used Rs 11.9999 crore of cash, while higher inventories used Rs 5.1507 crore. An increase in trade payables and other liabilities added Rs 7.6113 crore, compared with a Rs 1.5439 crore reduction in the corresponding half of 2025.

Inventories stood at Rs 91.124 crore on September 30, 2026, up from Rs 85.9733 crore at March 31, 2026, while trade receivables rose to Rs 66.3218 crore from Rs 56.9927 crore. Cash and cash equivalents increased to Rs 2.0324 crore from Rs 59.81 lakh over the same period.

What changed in Rajshree PolyPack’s investment and financing position?

Rajshree PolyPack used Rs 11.5995 crore in investing activities during the first half, compared with Rs 12.3632 crore used in the prior-year half. Payments for property, plant and equipment were Rs 9.791 crore, up from Rs 6.7795 crore, and payments for purchase of investments were Rs 2.0253 crore.

Net cash used in financing activities was Rs 3.9036 crore, versus Rs 4.6209 crore a year earlier. The company reported Rs 5.1438 crore of long-term borrowing proceeds, Rs 4.6257 crore of repayments and Rs 4.2554 crore of interest paid during the six months.

Total assets were Rs 371.4039 crore at September 30, 2026, compared with Rs 349.6465 crore at March 31, 2026. Total equity rose to Rs 200.3262 crore from Rs 188.0545 crore, total liabilities rose to Rs 171.0777 crore from Rs 161.592 crore, and current borrowings increased by Rs 11.64 lakh to Rs 83.7561 crore.

Conclusion

Rajshree PolyPack delivered year-on-year growth in September-quarter revenue and profit, with sales rising 19% to Rs 102.8954 crore and profit rising 9% to Rs 5.03 crore. For the half year, revenue reached Rs 205.806 crore and profit reached Rs 12.2868 crore, although the September-quarter profit was below the Rs 7.2568 crore reported in June.

The filing discloses no forward revenue, profit or capital-spending target. The unresolved balance-sheet movements to watch are receivables of Rs 66.3218 crore and inventories of Rs 91.124 crore at September 30, 2026, alongside first-half property, plant and equipment payments of Rs 9.791 crore and current borrowings of Rs 83.7561 crore.