Gujarat Raffia Industries (GUJRAFFIA)₹41.32−3.91%Packaging
In the Mar 2026 quarter (standalone), Gujarat Raffia Industries reported sales of ₹27.10 Cr, up 239.6% from Mar 2025, and net profit of ₹0.40 Cr, up 344.4% year on year. For the year to Mar 2026, sales were ₹88.93 Cr and net profit ₹1.04 Cr.
Company filings, standalone accounts; latest reported quarter Mar 2026
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 9.06 | 7.65 | 7.17 | 7.13 | 10.55 | 5.49 | 6.12 | 7.98 | 11.55 | 26.22 | 23.99 | 27.10 |
| Expenses | 8.57 | 8.00 | 6.93 | 6.55 | 9.92 | 4.97 | 5.57 | 7.84 | 10.39 | 25.43 | 23.60 | 26.24 |
| Operating Profit | 0.47 | −0.34 | 0.23 | 0.56 | 0.61 | 0.50 | 0.53 | 0.12 | 1.15 | 0.70 | 0.32 | 0.77 |
| OPM % | 5.3% | −4.6% | 3.4% | 8.0% | 5.9% | 9.3% | 8.8% | 1.6% | 10.1% | 2.7% | 1.4% | 2.9% |
| Other Income | 0.25 | 0.86 | 0.40 | 0.05 | 0.13 | 0.02 | 0.02 | 0.41 | 0.07 | 0.03 | 0.30 | 0.13 |
| Interest | 0.20 | 0.09 | 0.08 | 0.07 | 0.07 | 0.34 | 0.10 | 0.05 | 0.05 | 0.05 | 0.05 | 0.06 |
| Depreciation | 0.34 | 0.34 | 0.34 | 0.34 | 0.34 | 0.09 | 0.36 | 0.34 | 0.72 | 0.42 | 0.42 | 0.42 |
| Profit before tax | 0.19 | 0.08 | 0.22 | 0.21 | 0.34 | 0.10 | 0.10 | 0.13 | 0.46 | 0.27 | 0.16 | 0.43 |
| Tax % | 16.7% | 14.3% | 14.4% | 25.1% | 15.2% | 11.1% | 11.1% | 16.7% | 24.5% | 26.9% | 26.7% | 0.0% |
| Net Profit | 0.14 | 0.05 | 0.17 | 0.14 | 0.27 | 0.06 | 0.07 | 0.09 | 0.33 | 0.18 | 0.10 | 0.40 |
| EPS (Rs) | 0.29 | 0.12 | 0.34 | 0.29 | 0.53 | 0.14 | 0.16 | 0.20 | 0.64 | 0.36 | 0.21 | 0.77 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 37.18 | 36.60 | 38.75 | 47.73 | 33.87 | 38.93 | 38.12 | 39.36 | 31.00 | 30.13 | 88.93 | 88.86 |
| Expenses | 33.69 | 32.51 | 35.52 | 45.15 | 32.29 | 36.31 | 36.02 | 37.84 | 29.39 | 28.28 | 85.62 | 85.66 |
| Operating Profit | 3.39 | 4.04 | 3.17 | 2.50 | 1.54 | 2.56 | 2.03 | 1.47 | 1.57 | 1.79 | 3.02 | 2.94 |
| OPM % | 9.2% | 11.1% | 8.2% | 5.3% | 4.6% | 6.6% | 5.4% | 3.8% | 5.1% | 6.0% | 3.4% | 3.3% |
| Other Income | 0.73 | 0.05 | 0.02 | 0.44 | 0.52 | 0.32 | 0.57 | 2.15 | 0.90 | 0.54 | 0.45 | 0.53 |
| Interest | 1.10 | 1.35 | 0.90 | 0.71 | 0.29 | 0.18 | 0.31 | 1.05 | 0.47 | 0.32 | 0.24 | 0.21 |
| Depreciation | 2.00 | 1.72 | 1.22 | 1.06 | 1.22 | 1.45 | 0.96 | 1.29 | 1.33 | 1.37 | 1.96 | 1.98 |
| Profit before tax | 1.01 | 1.03 | 1.08 | 1.16 | 0.56 | 1.26 | 1.32 | 1.29 | 0.68 | 0.63 | 1.28 | 1.32 |
| Tax % | 21.0% | 23.5% | 20.6% | 20.0% | 41.9% | 4.8% | 14.6% | 19.6% | 19.5% | 16.1% | 17.4% | — |
| Exceptional items | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | — |
| Net Profit | 0.78 | 0.77 | 0.84 | 0.91 | 0.32 | 1.18 | 1.11 | 1.02 | 0.53 | 0.51 | 1.04 | 1.01 |
| EPS (Rs) | 1.59 | 1.57 | 1.71 | 1.71 | 0.62 | 2.21 | 2.08 | 1.92 | 1.01 | 0.97 | 1.95 | 1.98 |
| Dividend payout % | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | — |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 5.00 | 5.00 | 5.00 | 5.00 | 5.41 | 5.41 | 5.41 | 5.41 | 5.41 | 5.41 | 5.41 | 5.41 |
| Reserves | 6.69 | 7.48 | 8.24 | 9.09 | 11.06 | 11.39 | 12.57 | 13.70 | 14.71 | 15.26 | 15.78 | 16.84 |
| Borrowings | 17.88 | 18.22 | 10.82 | 10.21 | 11.58 | 1.19 | 3.21 | 8.20 | 12.52 | 3.51 | 2.49 | 1.86 |
| Other Liabilities | 5.43 | 3.97 | 9.24 | 8.09 | 8.97 | 7.66 | 3.26 | 5.47 | 3.05 | 1.88 | 1.71 | 3.64 |
| Total Liabilities | 35.00 | 34.67 | 33.30 | 32.39 | 37.02 | 25.65 | 24.45 | 32.78 | 35.69 | 26.06 | 25.39 | 27.75 |
| Fixed Assets | 14.92 | 13.06 | 11.35 | 10.22 | 9.60 | 9.06 | 7.67 | 9.18 | 12.17 | 10.79 | 11.12 | 9.24 |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.06 | 0.06 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 2.01 | 5.61 | 7.80 |
| Other Assets | 20.02 | 21.55 | 21.95 | 22.17 | 27.42 | 16.59 | 16.78 | 23.60 | 23.52 | 13.26 | 8.66 | 10.71 |
| Inventories | 11.72 | 10.81 | 9.64 | 8.63 | 9.49 | 6.15 | 4.39 | 8.73 | 8.82 | 6.30 | 3.05 | 3.88 |
| Trade receivables | 6.10 | 8.95 | 10.54 | 9.73 | 10.72 | 5.38 | 6.34 | 10.48 | 4.39 | 3.54 | 2.16 | 1.44 |
| Cash & equivalents | 0.58 | 0.72 | 0.40 | 2.76 | 5.42 | 3.53 | 4.64 | 0.98 | 7.41 | 1.05 | 2.25 | 4.08 |
| Total Assets | 35.00 | 34.67 | 33.30 | 32.39 | 37.02 | 25.65 | 24.45 | 32.78 | 35.69 | 26.06 | 25.39 | 27.75 |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operating activity | 3.97 | 0.94 | 8.35 | 3.46 | −0.55 | 9.05 | −0.75 | −5.87 | 7.36 | 5.01 | 7.69 | 4.89 |
| Cash from investing activity | −0.20 | −0.06 | 0.07 | −0.09 | −0.39 | −0.60 | 0.16 | −2.39 | −4.22 | −1.90 | −5.33 | −2.05 |
| Cash from financing activity | −4.09 | −0.77 | −8.78 | −1.04 | 3.63 | −10.36 | 1.71 | 4.63 | 3.30 | −9.49 | −1.32 | −1.03 |
| Net cash flow | −0.29 | 0.13 | −0.31 | 2.35 | 2.65 | −1.88 | 1.10 | −3.65 | 6.43 | −6.36 | 1.06 | 1.82 |
| Capex | 0.24 | 0.19 | 0.02 | 0.07 | 0.46 | 0.67 | 0.06 | 2.50 | 4.63 | 0.06 | 1.72 | 0.08 |
| Free cash flow | 3.74 | 0.84 | 8.42 | 3.40 | −1.02 | 8.42 | −0.82 | −8.36 | 3.14 | 5.08 | 5.98 | 4.84 |
| CFO / OP % | 95.0% | 31.9% | 214.0% | 108.9% | −22.1% | 584.9% | −30.0% | −288.1% | 499.0% | 318.0% | 427.9% | 161.9% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor days | 59 | 90 | 107 | 93 | 84 | 59 | 61 | 102 | 42 | 43 | 27 | 7 |
| Inventory days | 151 | 143 | 133 | 106 | 97 | 92 | 57 | 120 | 111 | 105 | 52 | 17 |
| Days payable | 24 | 23 | 26 | 21 | 46 | 37 | 11 | 39 | 15 | 4 | 1 | 1 |
| Cash conversion cycle | 184 | 209 | 214 | 178 | 133 | 113 | 107 | 182 | 137 | 143 | 77 | 22 |
| Working capital days | 74 | 84 | 37 | 18 | 17 | 56 | 62 | 92 | 32 | 108 | 55 | 44 |
| ROCE % | 7.7% | 7.0% | 8.6% | 8.2% | 7.1% | 3.7% | 6.5% | 6.5% | 6.9% | 4.0% | 4.0% | 6.3% |
For the Mar 2026 quarter, Gujarat Raffia Industries reported sales of ₹27.10 Cr, up 239.6% year on year and net profit of ₹0.40 Cr, up 344.4% year on year. The operating margin was 2.9%.
Gujarat Raffia Industries' sales for the year to Mar 2026 were ₹88.93 Cr; over the last twelve months they were ₹88.86 Cr.
Net profit for the year to Mar 2026 was ₹1.04 Cr, and ₹1.01 Cr over the last twelve months. Earnings per share over the same trailing period were ₹1.98.
Gujarat Raffia Industries reported borrowings of ₹1.86 Cr at Mar 2026, against cash and equivalents of ₹4.08 Cr.
Cash from operations was ₹4.89 Cr in the year to Mar 2026; after capital spending, free cash flow was ₹4.84 Cr.