As of 6 Nov 2026, Shree Rama Multi-Tech trades at 26.4× trailing earnings, above the industry P/E of 18.1×, and the shares are 33% below their 52-week high. It earns ROCE of 18% and ROE of 14%, and sales and net profit grew 6.9% and 70% a year over 3 years. The company has almost no debt. It is a small-cap company with a market cap of ₹641 Cr, ranked 18th of 83 Packaging & Containers companies by market cap; the shares fell 12% over the past year.
- ₹50.29
- ₹50.29
- ₹47.20
- ₹49.25
- 37K
Health check
- ReturnsBehind
−11.6% over a year, better than 2 of 7 peers.
- Price tagPricier
P/E 26.4 vs industry 18.1.
- GrowthStrong
Sales +6.9%, profit +69.9% a year over 3 years.
- ProfitabilityAverage
ROCE 17.8% vs peer median 16.7%.
- Balance sheetSolid
Debt 0.09× equity, interest covered 35.4×, Piotroski 6 of 9.
- Red flags1 to check
33% below its 52-week high.
Small cap
Market sensitivity
Key metrics
- Market cap
- ₹641 Cr
- Small cap
- P/E
- 26.4
- Industry 18.1
- Price to book
- 3.44
- Peers 2.06
- Dividend yield
- 0.00%
- ROE
- 14.2%
- Peers 14.4%
- ROCE
- 17.8%
- Peers 16.7%
- Debt to equity
- 0.09
- Debt ₹17 Cr
- EPS (TTM)
- ₹1.82
- Face value ₹5
- OPM (TTM)
- 16.3%
- Net margin 9.3%
- Sales growth
- +45.1%
- Latest quarter vs a year ago
- Profit growth
- +9.7%
- Latest quarter vs a year ago
- Price to sales
- 2.31
- EV/EBITDA 16.4
Strengths and risks
Strengths
- Practically debt-free.
- Quarterly sales up 45.1% on a year ago.
- Positive operating cash flow in each of the last 4 years.
Risks to check
- 33% below its 52-week high.
About Shree Rama Multi-Tech
Shree Rama Multi-Tech Limited manufactures and sells packaging products in India, Europe, Asia, Africa, North America, and South America. The company's packaging products include multilayer tubes for packing dentifrices, cosmetics, pharmaceuticals, food, and other products; monolayer tubs; tube laminates; laminated tubes; and flexible laminates. It also provides plastic laminates, such as flexible packaging, miniature packs, and carry home packs. Its…
- Headquarters
- Kalol
- Employees
- 358
- Sector
- Consumer Cyclical
- ISIN
- INE879A01019
- Website
- srmtl.com
Price range
- Avg volume (3M)
- 1.7 L
- 1-year return
- minus 11.6%
- From 52-week high
- minus 33.3%
Peers · Packaging & Containers
| Company | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| TIMETECHNOTime Technoplast | 170.65 | minus 1.98% | 8,424 | 15.9 | 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% | 2.26% | 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% | 1.08% | 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% | 0.52% | 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 9.1% |
| SHREERAMAShree Rama Multi-Tech | 47.99 | minus 2.56% | 641 | 26.4 | 3.44 | 17.8% | 14.2% | 13.3% | 6.9% | 69.9% | 0.00% | minus 11.6% |
| Median of 7 peers | – | −2.13% | 4,154 | 17.0 | 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 |
|---|---|---|---|---|---|
| 55.2 | 61.7 | 59.5 | 61.8 | 80 | |
| 44 | 51.2 | 49.6 | 53 | 66.6 | |
| 11.1 | 10.5 | 9.9 | 8.9 | 13.5 | |
| 20.2% | 17.0% | 16.7% | 14.4% | 16.8% | |
| 1.5 | 1.7 | 0.5 | 0.1 | 0.2 | |
| 0.4 | 0.2 | 0.2 | 0.3 | 0.2 | |
| 2.4 | 2.4 | 2.4 | 2.4 | 2.3 | |
| 9.9 | 9.5 | 7.8 | 6.4 | 11.2 | |
| 25.6% | 24.8% | 29.1% | 26.2% | 28.0% | |
| 7.3 | 7.2 | 5.5 | 4.7 | 8.1 | |
| 0.53 | 0.51 | 0.40 | 0.33 | 0.58 |
Profit & loss
- Sales CAGR 3Y
- +6.9%
- Profit CAGR 3Y
- +69.9%
- EPS CAGR 3Y
- +30.8%
- ROE
- 14.2%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 195 | 177 | 206 | 238 | |
| – | minus 9.1% | +16.4% | +15.6% | |
| 181 | 162 | 176 | 198 | |
| 13.5 | 15.1 | 30.5 | 40.5 | |
| 6.9% | 8.6% | 14.8% | 17.0% | |
| 1.3 | 1.4 | 1.8 | 4.8 | |
| 1.4 | 0.8 | 1.1 | 1 | |
| 6.1 | 5.8 | 8.8 | 9.6 | |
| −0.3 | −0 | −0.5 | −1.1 | |
| 7.1 | 10 | 21.8 | 33.6 | |
| 28.9% | – | −135.1% | 26.3% | |
| 5 | 10 | 51.3 | 24.8 | |
| – | +97.6% | +415.3% | minus 51.8% | |
| 0.79 | 0.79 | 3.76 | 1.77 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 31.8 | 66.7 | 66.7 | 66.7 | |
| −2 | 36 | 86.4 | 111 | |
| 75.6 | 4.4 | 38.8 | 16.8 | |
| 28.1 | 31.3 | 22.2 | 33.5 | |
| 133 | 138 | 214 | 228 | |
| 51.8 | 57.1 | 88 | 92.1 | |
| 2.3 | 10.5 | 17.5 | 10.3 | |
| 0 | 0 | 0.2 | 2.2 | |
| 0.8 | 2.4 | 0.6 | 8.6 | |
| 78.6 | 68.4 | 108 | 115 | |
| 133 | 138 | 214 | 228 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 2.7 | 20.8 | 19.8 | 32.4 | |
| −3.6 | −11.2 | −46.7 | −6.6 | |
| 1.6 | −8 | 25.2 | −17.8 | |
| 0.7 | 1.6 | −1.7 | 8 | |
| −3.6 | −11.9 | −38.6 | −16.1 | |
| −0.9 | 9 | −18.7 | 16.3 |
Shareholding pattern
- Promoters61.57%
- Public38.43%
| Quarter | Split | Promoters | Public | Promoter change |
|---|---|---|---|---|
| 30 Sep 2026 | 61.57% | 38.43% | 0.00 | |
| 30 Jun 2026 | 61.57% | 38.43% | 0.00 | |
| 31 Mar 2026 | 61.57% | 38.43% | 0.00 | |
| 31 Dec 2025 | 61.57% | 38.43% | 0.00 | |
| 30 Sep 2025 | 61.57% | 38.43% | – |
Major shareholders
Filings & events
News
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