Incorporated in 1985, Raaj Medisafe India Ltd manufactures plastic bottles, caps & plugs, plastic liners and aluminum caps
Product Profile:[1][2]a) Plastic Bottlesb) Caps & Plugsc) Plastic Linersd) Aluminum Capse) Disposable Syringesf) Intravenous Setsg) Packed Needles
| S.No. | Name | Current Price (Rs.) | Price to Earning | Market Capitalization (Rs.Cr.) | Dividend yield (%) | Net Profit latest quarter (Rs.Cr.) | YOY Quarterly profit growth (%) | Sales latest quarter (Rs.Cr.) | YOY Quarterly sales growth (%) | Return on capital employed (%) | Sales (Rs.Cr.) | OPM (%) | Profit after tax (Rs.Cr.) | Profit after tax latest quarter (Rs.Cr.) | Price to book value | Return on assets (%) | Debt to equity |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | EPL Ltd | 207.78 | 16.02 | 6656.40 | 2.41 | 106.10 | 19.89 | 1205.90 | 11.02 | 17.48 | 4433.50 | 20.48 | 415.43 | 104.30 | 2.53 | 9.49 | 0.32 |
| 2. | AGI Greenpac | 669.95 | 12.31 | 4334.40 | 1.04 | 76.12 | 5.60 | 601.58 | 0.40 | 19.89 | 2652.55 | 23.18 | 352.10 | 76.12 | 1.95 | 9.27 | 0.21 |
| 3. | Uflex | 470.35 | 10.71 | 3395.75 | 0.64 | 26.85 | 583.99 | 3832.03 | -0.04 | 7.75 | 15281.55 | 11.15 | 317.20 | 26.91 | 0.44 | 1.31 | 1.21 |
| 4. | Polyplex Corpn | 871.85 | 37.26 | 2729.97 | 1.55 | 33.50 | -71.87 | 1794.04 | 3.17 | 7.16 | 6993.43 | 4.10 | 73.27 | 24.70 | 0.68 | 4.64 | 0.24 |
| 5. | XPRO India | 1100.90 | 191.26 | 2587.78 | 0.18 | 4.97 | -50.00 | 119.91 | -10.50 | 7.93 | 527.57 | 4.81 | 13.53 | 4.97 | 3.77 | 4.60 | 0.46 |
| 6. | TCPL Packaging | 2805.80 | 20.47 | 2549.95 | 1.07 | 28.33 | -20.89 | 437.70 | -0.18 | 20.03 | 1714.40 | 16.28 | 124.57 | 28.33 | 3.79 | 9.79 | 0.97 |
| 7. | Mold-Tek Pack. | 578.45 | 28.66 | 1925.24 | 0.69 | 15.48 | 9.71 | 209.76 | 9.65 | 12.41 | 843.62 | 18.73 | 67.18 | 15.48 | 2.88 | 6.88 | 0.33 |
| 8. | Raaj Medisafe | 94.00 | 16.13 | 124.20 | 0.00 | 1.73 | 78.35 | 18.40 | 68.65 | 15.02 | 73.22 | 14.61 | 7.70 | 1.73 | 4.27 | 11.10 | 1.79 |
| – | Median: 47 Co. | 149.86 | 19.59 | 421.29 | 0.32 | 5.17 | 19.43 | 115.71 | 10.2 | 11.5 | 409.56 | 9.6 | 17.09 | 4.97 | 1.81 | 5.14 | 0.33 |
Standalone figures in ₹ crores
| Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Sales | 9.22 | 9.55 | 9.66 | 10.52 | 11.20 | 10.17 | 11.36 | 10.91 | 10.91 | 14.59 | 24.40 | 15.83 | 18.40 |
Expenses | 7.72 | 7.95 | 8.17 | 9.31 | 9.63 | 8.65 | 9.04 | 9.18 | 9.18 | 12.37 | 21.29 | 13.21 | 15.65 |
Operating Profit | 1.50 | 1.60 | 1.49 | 1.21 | 1.57 | 1.52 | 2.32 | 1.73 | 1.73 | 2.22 | 3.11 | 2.62 | 2.75 |
Other Income | 0.01 | -0.01 | 0.01 | 0.01 | 0.01 | 0.00 | 0.04 | 0.00 | 0.00 | -0.01 | 0.11 | 0.01 | 0.23 |
Profit before tax | 1.06 | 1.09 | 1.00 | 0.63 | 1.05 | 0.94 | 1.66 | 1.14 | 1.14 | 1.29 | 2.10 | 1.46 | 1.73 |
Tax % | 0.00% | 0.00% | 44.00% | 0.00% | 0.00% | 0.00% | 57.83% | 15.79% | 15.79% | 19.38% | -65.24% | 0.00% | 0.00% |
Net Profit | 1.07 | 1.09 | 0.56 | 0.63 | 1.06 | 0.94 | 0.70 | 0.97 | 0.97 | 1.03 | 3.48 | 1.46 | 1.73 |
EPS in Rs | 0.98 | 1.00 | 0.51 | 0.58 | 0.97 | 0.86 | 0.64 | 0.73 | 0.73 | 0.78 | 2.63 | 1.11 | 1.31 |
Standalone Figures in ₹ Crores / Yearly
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Sales | 0.00 | 0.00 | 1.80 | 4.42 | 4.62 | 4.80 | 21.80 | 31.80 | 34.68 | 38.61 | 43.24 | 62.42 | 73.22 |
Expenses | 0.22 | 0.61 | 2.11 | 4.50 | 5.07 | 5.58 | 20.29 | 27.74 | 29.60 | 33.00 | 36.60 | 53.79 | 62.52 |
Operating Profit | -0.22 | -0.61 | -0.31 | -0.08 | -0.45 | -0.78 | 1.51 | 4.06 | 5.08 | 5.61 | 6.64 | 8.63 | 10.70 |
Other Income | -0.01 | 0.04 | 0.01 | 0.03 | 0.00 | 0.25 | 0.34 | 0.01 | 0.08 | 0.02 | 0.06 | 0.20 | 0.34 |
Interest | 0.05 | 0.37 | 0.54 | 0.51 | 0.66 | 0.75 | 1.16 | 0.74 | 0.71 | 1.11 | 1.57 | 2.13 | 2.70 |
Depreciation | 0.19 | 0.25 | 0.24 | 0.27 | 0.31 | 0.31 | 0.68 | 0.71 | 0.72 | 0.75 | 0.84 | 1.45 | 1.76 |
Profit before tax | -0.47 | -1.19 | -1.08 | -0.83 | -1.42 | -1.59 | 0.01 | 2.62 | 3.73 | 3.77 | 4.29 | 5.25 | 6.58 |
Net Profit | -0.48 | -1.19 | -1.08 | -0.83 | -1.43 | -1.59 | -0.29 | 2.30 | 3.01 | 3.33 | 3.33 | 6.13 | 7.70 |
EPS in Rs | -0.95 | -2.36 | -2.14 | -1.65 | -2.84 | -3.15 | -0.58 | 2.10 | 2.75 | 3.04 | 3.04 | 4.64 | 5.83 |
Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | – |
Standalone figures in ₹ crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 10.90 | 10.90 | 10.90 | 10.90 | 10.90 | 13.18 | 13.15 |
Reserves | -6.49 | -7.96 | -9.03 | -9.88 | -11.32 | -12.91 | -12.09 | -9.83 | -6.75 | -3.41 | -0.07 | 13.74 | 15.96 |
Borrowings | 4.10 | 7.10 | 7.61 | 9.03 | 9.43 | 11.61 | 11.87 | 13.13 | 13.02 | 15.62 | 25.93 | 34.57 | 52.16 |
Other Liabilities | 0.12 | 0.25 | 1.66 | 1.62 | 2.07 | 1.42 | 2.91 | 2.41 | 2.45 | 2.66 | 4.52 | 7.72 | 7.87 |
Total Liabilities | 2.73 | 4.39 | 5.24 | 5.77 | 5.18 | 5.12 | 13.59 | 16.61 | 19.62 | 25.77 | 41.28 | 69.21 | 89.14 |
Fixed Assets | 1.41 | 3.30 | 3.57 | 3.49 | 3.47 | 3.48 | 7.03 | 7.26 | 9.30 | 8.63 | 10.72 | 23.06 | 29.38 |
Gross Block | 7.37 | 7.18 | 5.02 | 5.21 | 5.50 | 5.83 | 13.16 | 13.66 | 16.36 | 16.36 | 19.28 | 32.96 | – |
Accumulated Depreciation | 5.96 | 3.88 | 1.45 | 1.72 | 2.03 | 2.35 | 6.14 | 6.40 | 7.06 | 7.72 | 8.55 | 9.90 | – |
CWIP | 0.28 | 0.00 | 0.00 | 0.54 | 0.00 | 0.00 | 0.00 | 1.60 | 0.00 | 1.59 | 10.14 | 8.51 | 15.97 |
Investments | 0.00 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.07 | 0.07 | 0.07 | 0.07 | 0.07 | 0.07 | 0.07 |
Other Assets | 1.04 | 1.08 | 1.66 | 1.73 | 1.70 | 1.63 | 6.49 | 7.68 | 10.25 | 15.48 | 20.35 | 37.57 | 43.72 |
Total Assets | 2.73 | 4.39 | 5.24 | 5.77 | 5.18 | 5.12 | 13.59 | 16.61 | 19.62 | 25.77 | 41.28 | 69.21 | 89.14 |
Standalone Figures in ₹ Crores / Yearly
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cash from Operating Activity | -0.98 | -0.18 | 0.14 | -0.23 | -0.01 | -1.37 | -1.03 | 2.23 | 2.45 | 0.17 | 4.27 | -0.09 |
Cash from Investing Activity | -0.39 | -2.14 | -0.51 | -0.68 | 0.27 | -0.05 | -0.21 | -2.78 | -0.96 | -1.67 | -13.00 | -16.42 |
Cash from Financing Activity | 1.39 | 2.63 | -0.02 | 0.92 | -0.26 | 1.43 | 1.24 | 0.51 | -1.47 | 1.49 | 8.74 | 16.52 |
Net Cash Flow | 0.02 | 0.31 | -0.39 | 0.01 | 0.00 | 0.00 | 0.00 | -0.04 | 0.02 | -0.01 | 0.02 | 0.02 |
Standalone Figures in ₹ Crores / Yearly
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | – | – | 115.58 | 35.51 | 60.83 | 62.35 | 78.69 | 56.24 | 57.25 | 64.76 | 66.60 | 97.65 |
Inventory Days | – | 2,555.00 | 106.92 | 141.13 | 98.61 | 64.61 | 20.96 | 24.65 | 48.18 | 89.79 | 105.50 | 67.86 |
Days Payable | – | 5,475.00 | 538.28 | 233.60 | 275.22 | 132.62 | 51.56 | 19.46 | 6.66 | 10.60 | 8.85 | 35.77 |
Cash Conversion Cycle | – | – | -315.78 | -56.96 | -115.78 | -5.66 | 48.10 | 61.43 | 98.77 | 143.95 | 163.24 | 129.75 |
Working Capital Days | – | – | -56.78 | -87.53 | -141.42 | -123.95 | -7.53 | 8.72 | 4.84 | 36.40 | 21.61 | 9.88 |
ROCE % | -16.47% | -23.41% | -13.99% | -9.06% | -20.94% | -32.01% | 16.41% | 27.09% | 27.99% | 24.23% | 19.58% | 15.02% |
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Stock Analysis
Raaj Medisafe India Ltd, founded in 1985, is engaged in manufacturing plastic bottles, caps & plugs, plastic liners, and aluminum caps. The company also produces disposable syringes, intravenous sets, and packed needles.
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