On 6 Nov 2026, Raaj Medisafe India was priced at ₹101.80, or 50.9× trailing earnings, against an industry P/E of 18.1×. Sales grew 27% a year over 3 years while net profit fell 18%, with ROCE of 12% and ROE of 4.9%. Debt is 1.38× equity. It is a small-cap company with a market cap of ₹167 Cr, ranked 35th of 83 Packaging & Containers companies by market cap; the shares rose 33% over the past year.
- ₹105.55
- ₹105.55
- ₹101.50
- ₹102.40
- 103
Health check
- ReturnsAhead
+33.2% over a year, better than 6 of 7 peers.
- Price tagPricier
P/E 50.9 vs industry 18.1.
- GrowthSteady
Sales +27.5%, profit −18.4% a year over 3 years.
- ProfitabilityWeak
ROCE 11.6% vs peer median 16.7%.
- Balance sheetFair
Debt 1.38× equity, interest covered 2.7×, Piotroski 5 of 9.
- Red flags2 to check
Return on equity is low at 4.9%.
Small cap
Defensive
Key metrics
- Market cap
- ₹167 Cr
- Small cap
- P/E
- 50.9
- Industry 18.1
- Price to book
- 3.59
- Peers 2.06
- Dividend yield
- 0.00%
- ROE
- 4.9%
- Peers 14.4%
- ROCE
- 11.6%
- Peers 16.7%
- Debt to equity
- 1.38
- Debt ₹65 Cr
- EPS (TTM)
- ₹2.00
- OPM (TTM)
- 14.1%
- Net margin 2.5%
- Sales growth
- +86.1%
- Latest quarter vs a year ago
- Profit growth
- +35.1%
- Latest quarter vs a year ago
- Price to sales
- 1.79
- EV/EBITDA 16.7
Strengths and risks
Strengths
- Quarterly profit up 35.1% on a year ago.
- Quarterly sales up 86.1% on a year ago.
Risks to check
- Return on equity is low at 4.9%.
- P/E of 50.9 against an industry P/E of 18.1.
About Raaj Medisafe India
Raaj Medisafe India Limited manufactures and sells disposable hygiene products, HDPE containers, PP closures and plastic liners for packaging of goods, and aluminum crown caps in India. The company operates through two segments, Plastic and Hygiene. It offers caps and plugs, plastic liners, and aluminum caps. The company also offers sanitary napkins, maternity pads, baby diapers and panty liners. In addition, it offers aluminium and VCI bags, plastic…
- Headquarters
- Ujjain
- Employees
- 214
- Sector
- Consumer Cyclical
- ISIN
- INE548H01015
- Website
- raajmedisafeindia.com
Price range
- Avg volume (3M)
- 2.2K
- 1-year return
- plus 33.2%
- From 52-week high
- minus 8.2%
Peers · Packaging & Containers
| Company | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| TIMETECHNOTime Technoplast | 170.65 | minus 1.98% | 8,424 | 16.6 | 2.06 | 15.3% | 13.4% | 10.3% | 12.5% | 28.9% | 0.86% | minus 17.5% |
| EPLEPL | 221.31 | minus 3.61% | 7,101 | 18.1 | 2.26 | 16.7% | 14.9% | 19.8% | 8.5% | 19.7% | 2.18% | plus 13.4% |
| AGIAGI Greenpac | 645.55 | minus 3.31% | 4,177 | 11.8 | 1.65 | 18.2% | 14.9% | 22.0% | 5.5% | 10.4% | 1.05% | minus 18.3% |
| UFLEXUFLEX | 575.30 | minus 2.13% | 4,154 | 6.1 | 0.51 | 7.5% | 4.1% | 14.0% | 1.4% | −12.9% | 0.51% | plus 9.1% |
| TCPLPACKTCPL Packaging | 4,431.10 | minus 2.80% | 4,024 | 34.9 | 5.61 | 18.3% | 14.4% | 12.8% | 7.3% | −4.2% | 0.55% | plus 37.9% |
| JINDALPOLYJindal Poly Films | 697.50 | minus 0.11% | 3,054 | – | 1.00 | −18.2% | −29.9% | −36.5% | −15.6% | – | 0.00% | plus 25.0% |
| KNACKKnack Packaging | 199.71 | plus 1.42% | 2,444 | 21.6 | 3.34 | 38.3% | 35.5% | 17.8% | 16.6% | 67.1% | 0.00% | plus 7.6% |
| RAAJMEDIRaaj Medisafe India | 101.80 | minus 0.59% | 167 | 50.9 | 3.59 | 11.6% | 4.9% | 14.1% | 27.5% | −18.4% | 0.00% | plus 33.2% |
| Median of 7 peers | – | −2.13% | 4,154 | 17.3 | 2.06 | 16.7% | 14.4% | 14.0% | 7.3% | 15.0% | 0.55% | 9.1% |
Quarterly results
| ₹ Cr | Jun 25 | Sep 25 | Dec 25 | Mar 26 | Jun 26 |
|---|---|---|---|---|---|
| 15.8 | 18.4 | 20.7 | 25.1 | 29.5 | |
| 13.2 | 15.7 | 17 | 22.4 | 25.4 | |
| 2.6 | 2.7 | 3.7 | 2.7 | 4.1 | |
| 16.6% | 14.9% | 17.8% | 10.8% | 13.8% | |
| 0 | 0.2 | 0 | 0.3 | 0.2 | |
| 0.7 | 0.8 | 1.4 | 1.1 | 0.9 | |
| 0.5 | 0.4 | 0.5 | 0.6 | 0.7 | |
| 1.5 | 1.7 | 1.8 | 1.3 | 2.6 | |
| – | – | −2.4% | 350.8% | 25.3% | |
| 1.5 | 1.7 | 1.9 | −3.2 | 2 | |
| 1.11 | 1.32 | 1.44 | -1.96 | 1.20 |
Profit & loss
- Sales CAGR 3Y
- +27.5%
- Profit CAGR 3Y
- −18.4%
- EPS CAGR 3Y
- −28.9%
- ROE
- 4.9%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 38.6 | 43.2 | 62.4 | 80 | |
| – | +12.0% | +44.3% | +28.2% | |
| 33 | 36.6 | 53.9 | 68.3 | |
| 5.6 | 6.6 | 8.5 | 11.8 | |
| 14.6% | 15.3% | 13.6% | 14.7% | |
| −0 | −0 | 0.1 | 0.2 | |
| 1.1 | 1.5 | 2 | 3.6 | |
| 0.8 | 0.8 | 1.4 | 2 | |
| −0 | 0 | 0.1 | −0 | |
| 3.8 | 4.3 | 5.3 | 6.3 | |
| 11.7% | 22.4% | −16.7% | 71.4% | |
| 3.3 | 3.3 | 6.1 | 1.8 | |
| – | minus 0.0% | +84.2% | minus 70.5% | |
| 3.06 | 3.07 | 4.60 | 1.10 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 10.9 | 10.9 | 13.2 | 16.4 | |
| −3.4 | −0.1 | 13.7 | 30.3 | |
| 15.6 | 25.9 | 34.6 | 64.7 | |
| 2.7 | 4.5 | 7.5 | 9.9 | |
| 25.8 | 41.3 | 69 | 121 | |
| 10.3 | 21.4 | 35.2 | 65.8 | |
| 1.6 | 10.5 | 11.5 | 26.8 | |
| 0.1 | 0.1 | 0.1 | 0.6 | |
| 0 | 0 | 0.1 | 13 | |
| 13.8 | 9.3 | 22.2 | 15.1 | |
| 25.8 | 41.3 | 69 | 121 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 0.2 | 4.3 | −0.1 | 3.7 | |
| −1.7 | −13 | −16.4 | −35 | |
| 1.5 | 8.7 | 16.5 | 44.2 | |
| −0 | 0 | 0 | 12.9 | |
| −1.7 | −11.6 | −14.7 | −33.5 | |
| −1.6 | −7.4 | −14.8 | −29.8 |
Shareholding pattern
This company is listed only on BSE, so there’s no NSE category split. See Major shareholders below for the named holders.
Major shareholders
Filings & events
News
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