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Earnings Call Transcript

Rajshree Polypack Earnings Call Transcript: Key Takeaways

Q2 revenue rose about 19% to ₹102.9 Cr with margin flat at 12.7%. Olive profit depends on a pending flood insurance claim. Debt-reduction and expansion decisions were deferred on raw-material costs.

Rajshree Polypack Q2 FY27 concall: date, live audio and summaryConcall page →
Highlights
Revenue growthQ2 revenue +19% YoY to ₹102.9 Cr; H1 +21.8% to ₹205.8 Cr.
MarginsQ2 EBITDA margin 12.69% vs 12.66% YoY; H1 13.35%, +89bps.
Demand visibilityDomestic-led; exports ₹14.46 Cr, up sequentially from ₹11.72 Cr.
Management confidenceBalanced to defensive; margin target softened, debt reduction deferred.

Growth

Q2 revenue +19% YoY; H1 +21.8%. H1 EBITDA +30.5% with 89bps margin expansion. Olive Q2 revenue ₹21.15 Cr vs ₹17.22 Cr in Q1.

Outlook

FY27 plastic revenue ₹390–400 Cr, EBITDA ~15% (13.5–14% excluding other income). FY28 ₹450–460 Cr at full capacity. Olive FY27 revenue ₹95±5 Cr.

Risks

Olive turning profitable hinges on the pending flood insurance claim. Management claimed 14.5% margin vs 12.7% reported Q2 margin. Raw-material cost pressure persists.

Last quarter's promises, checked

Partly delivered

  • Guided Olive FY27 ₹90±5 Cr → now ₹95±5 Cr, unproven (= PARTIAL)
  • Guided Olive PBT breakeven FY27 → pending flood claim (= PARTIAL)
  • Guided 15–16% margin at scale → Q1 16.05% vs Q2 12.69%, conflicting (= PARTIAL)

Missed

  • Guided ₹420–430 Cr rev → FY27 now ₹390–400 Cr (= MISS)
  • Guided ≥15–20% debt cut → D/E 0.57x→0.53x, target missed (= MISS)
  • Guided GM 42.5–43.5% recovery → RM pressure persists (= MISS)
Source

Earnings Call Transcript filed with NSE, NSE: RPPL. Summary written with AI assistance from the document.

Read the document ↗

Rajshree Polypack Ltd: key numbers

Share price
₹18.96
Market cap
₹140.8 Cr
Revenue (annual)
₹332.2 Cr
Net profit (annual)
₹17.25 Cr
P/E (TTM)
6.8×Sector 47.2×
Promoter holding
44.22%+0.00% QoQ
FII holding
0.00%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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