Rajshree Polypack Ltd. · NSE:RPPL
Rajshree Polypack — Q2 FY27 Earnings Presentation
39 slides from Rajshree Polypack's earnings presentation, Nov 4, 2026
Slide 1: Regulation 30 cover letter to NSE
November 04, 2026 To, Listing Department, National Stock Exchange of India Limited, Exchange Plaza, Plot No. C-1, Block G, Bandra Kurla Complex, Bandra (E), Mumbai – 400051 Symbol / Series: RPPL / EQ Dear Sirs, Subject: Regulation 30 of Securities and Exchange Board of India (Listing Obligations and
Slide 2: Q2 and H1 FY27 Earnings Presentation
Rajshree Polypack Limited (NSE: RPPL) Q2 and H1 FY27 Earnings Presentation November 2026 Visit Our Website www.rajshreepolypack.com www.rajshreepolypack.com
Slide 3: 20+ Years of delivering sustainable food packaging solutions
20+ Years of delivering sustainable food packaging solutions Packaging Delivered with Purpose Manufacturing Integrated Integrated Product Diverse End- Footprint Technologies Technologies Portfolio Markets 3 Sheet Extrusion Manufacturing Injection Moulding Units Gujarat (1) Rigid Barrier Thermoformin
Slide 4: Investment Case (1/2)
Investment Case (1/2) 1. Proven Management Execution Delivering Profitable Growth • Focused on delivering sustainable rigid packaging solutions across end use industries ₹ 332.18 Cr ₹ 50.97 Cr FY26 Revenue FY26 EBITDA • Revenue has grown at a 13.70% CAGR over FY22–FY26, supported by disciplined exec
Slide 5: Investment Case (2/2)
Investment Case (2/2) 4. Diversified Customer Base with Expanding Export Presence Exports (₹ Cr) • Supplies packaging solutions to leading multinational companies across the food, dairy, 70.08 confectionery, sweets and beverages sectors 53.87 • Export revenue increased by 30.10% YoY in FY26 despite
Slide 6: Management Commentary
Management Commentary Commenting on the performance Mr. Ramswaroop Radheshyam Thard , Chairman and Managing Director said: “This quarter demonstrates the resilience of our business. Despite a sharp rise in raw material prices and softer export demand amid geopolitical uncertainties, we were able to
Slide 7: Our Packaging Solutions Value Chain
Our Packaging Solutions Value Chain Plastic Packaging Flexible Packaging Rigid Packaging Semi-Rigid Packaging Film Extrusion Extrusion Lamination Converting Pressure Vacuum Thermoforming Thermoforming Slitting and Rewinding Injection Blow Moulding Extrusion Blow Moulding (BM) Moulding Decoration Pri
Slide 8: Q2 FY2027 Performance Highlights (Standalone)
Q2 FY2027 Performance Highlights ( Standalone) (In ₹ Crore) Revenue from Operations EBITDA and Margin (%) 19.06% 5.51% 102.91 102.90 16.52 86.43 12.89 13.60 14.91% 16.05% 13.21% Q2 FY26 Q1 FY27 Q2 FY27 Q2 FY26 Q1 FY27 Q2 FY27 Operating EBITDA and Margin (%) PAT and Margin (%) 19.34% 8.89% 14.42 13.0
Slide 9: H1 FY2027 Performance Highlights (Standalone)
H1 FY2027 Performance Highlights ( Standalone) (In ₹ Crore) Revenue from Operations EBITDA and Margin (%) 23.25% 20.78% 205.81 166.98 168.95 30.11 24.93 24.96 14.93% 14.78% 14.63% H1 FY25 H1 FY26 H1 FY27 H1 FY25 H1 FY26 H1 FY27 Operating EBITDA and Margin (%) PAT and Margin (%) 21.44% 34.39% 27.47 2
Slide 10: Capital Structure (Standalone)
Capital Structure ( Standalone) (In ₹ Crore) Cash Flow from Operations Debt/Equity (x) ₹ Cr. FY24 FY25 FY26 H1FY27 Short Term Debt 58.33 78.88 83.64 83.76 Long Term Debt 15.13 25.09 22.83 22.81 20.86 0.62 0.57 0.53 Total Debt 73.46 103.97 106.47 106.56 0.48 Less: Cash and Cash 18.80 18.45 3.81 8.81
Slide 11: Capacity Snapshot
Capacity Snapshot Extrusion (in MT) Thermoforming (in MT) Printing (pieces in Lakhs) 24,000 25,600 12,120 12,120 10,770 11,000 11,000 11,000 18,200 20,000 8,770 9,400 Q2 FY24 Q2 FY25 Q2 FY26 Q2 FY27 Q2 FY24 Q2 FY25 Q2 FY26 Q2 FY27 Q2 FY24 Q2 FY25 Q2 FY26 Q2 FY27 Sleeving (pieces in Lakhs) Injection
Slide 12: Production Metrics – Quarterly Trends
Production Metrics – Quarterly Trends Extrusion (in MT) Thermoforming (in MT) Printing (pieces in Lakhs) 5,743 2,212 2,254 5,305 5,052 1,807 4,552 1,718 1,996 1,342 1,938 1,933 Q2 FY24 Q2 FY25 Q2 FY26 Q2 FY27 Q2 FY24 Q2 FY25 Q2 FY26 Q2 FY27 Q2 FY24 Q2 FY25 Q2 FY26 Q2 FY27 Sleeving (pieces in Lakhs)
Slide 13: Production Metrics – Half Yearly Trends
Production Metrics – Half Yearly Trends Extrusion (in MT) Thermoforming (in MT) Printing (pieces in Lakhs) 5,124 11,402 4,686 4,596 4,632 10,460 10,705 9,130 4,411 3,889 4,225 4,013 H1 FY24 H1 FY25 H1 FY26 H1 FY27 H1 FY24 H1 FY25 H1 FY26 H1 FY27 H1 FY24 H1 FY25 H1 FY26 H1 FY27 Sleeving (pieces in La
Slide 14: Revenue Profile - Quarterly Trends
Revenue Profile - Quarterly Trends (as % of Revenue) (In ₹ Crore) Revenue Mix ( By Segment ) Revenue Mix ( By Geography ) 67.50 88.28 86.43 102.90 26.63% 24.42% 26.86% 14.46 38.74% 10.55 22.05 10.02 53.04% 61.83% 59.08% 88.43 50.88% 77.73 64.37 57.48 21.49% 6.35% 10.97% 7.62% 5.19% 2.76% 3.10% 1.04%
Slide 15: Revenue Profile - Half Yearly Trends
Revenue Profile - Half Yearly Trends (as % of Revenue) (In ₹ Crore) Revenue Mix ( By Segment ) Revenue Mix ( By Geography ) 140.19 166.98 168.95 205.81 24.67% 21.48% 21.12% 29.27% 26.18 19.74 35.46 20.32 59.23% 64.68% 65.12% 59.90% 179.62 147.24 133.49 119.87 18.61% 11.64% 5.34% 7.77% 4.87% 3.06% 2.
Slide 16: Q2 and H1 FY2027 Financial Performance (Standalone)
Q2 and H1 FY2027 Financial Performance (Standalone) ₹ Crore Y-o-Y Q-o-Q Y-o-Y Q2 FY27 Q2 FY26 Q1 FY27 H1 FY27 H1 FY26 Growth(%) Growth(%) Growth(%) Revenue from Operations 102.90 86.43 19.06% 102.91 (0.01%) 205.81 168.95 21.82% Operating EBITDA 13.05 10.94 19.29% 14.42 (9.50%) 27.47 21.05 30.50% Ope
Slide 17: Balance Sheet (Standalone)
Balance Sheet (Standalone) As on As on As on As on As on As on ₹ Crore ₹ Crore 30 Sep, 2026 31 Mar, 2026 31 Mar, 2025 30 Sep, 2026 31 Mar, 2026 31 Mar, 2025 Equity and liabilities Assets Equity Share Capital 37.12 37.12 36.67 Non-Current Assets Other Equity 163.20 150.93 130.66 Property, Plant and E
Slide 18: 20+ Years of Our Business Journey
20+ Years of Our Business Journey 2003 2004–10 2011–16 2017–21 2022–26 Building Strengthening Scale, recognition Innovation and Foundation Capabilities Integration and Sustainability Sustainable growth • Became the first • Incorporated as a partnership • Installed fully • Achieved vertically integra
Slide 19: Core Strengths
Core Strengths Industry Leadership Certified Quality Leaders in thermoformed packaging Accredited with BRC and Sedex with 20+ years of proven experience certifications, ensuring global and market presence standards of quality and ethics Steady Growth Patented Innovation STRONGER TODAY. Holder of fou
Slide 20: Sustainable Packaging Solutions
Sustainable Packaging Solutions Biodegradable Plastics Refillable & Reusable Designs Plastics designed to break down Packaging designed for multiple naturally through the action of uses or refills, promoting a shift microorganisms, reducing long from single use to circular models term environmental
Slide 21: Industries We Cater To
Industries We Cater To Beverage FMCG Convenience Food Packaging Packaging Packaging Packaging for sweets, Packaging for Ready-to- Packaging solutions for snacks and processed foods eat meals juices and beverages Dairy Agricultural Produce Bakery and Packaging Packaging Confectionery Packaging Contai
Slide 22: Benefits of RPPL Packaging Solutions
Benefits of RPPL Packaging Solutions 01 02 03 04 Advanced Barrier Protection Lightweight Tailored Designs Secure Sealing Enhances shelf life and preserves Reduces transportation Customisable formats as Prevents contamination freshness and quality cost and emission per customer needs and ensures inte
Slide 23: Manufacturing Infrastructure
Manufacturing Infrastructure Manufacturing Capabilities • 3 manufacturing units in Western India Manufacturing Capabilities • Capabilities: extrusion, thermoforming, printing and sleeving • All units located in the Daman–Valsad industrial corridor • Exclusive Toll Manufacturing Agreement with a thir
Slide 24: Serving Global Markets
Serving Global Markets 21.10% FY26 Canada United Europe Kingdom China % Revenue from Exports USA Nepal India 73.40% Middle Export Revenue CAGR FY23-FY26 East 30.10% Colombia Africa Singapore YoY Export Revenue Growth for FY26 Proudly Made in India Manufacturing Excellence for Global Markets Active p
Slide 25: Key Customers
Key Customers www.rajshreepolypack.com 24
Slide 26: Exhibitions
Exhibitions Ahar Exhibition Anugha Exhibition Indusfood Exhibition Delhi, March 2026 Mumbai, October 2026 Delhi, January 2026 World Mithai & Interpack Exhibition NRA Exhibition Namkeen Exhibition Germany, May 2026 Chicago, May 2026 Hyderabad, July 2026 www.rajshreepolypack.com 25
Slide 27: Board of Directors
Board of Directors RT Mr. Ramswaroop Radheshyam Thard Mr. Naresh Radheshyam Thard Mr. Anand Sajjan Kumar Rungta Chairman and Managing Director Joint Managing Director Whole Time Director The Promoter, Chairman, and Managing Director of our 27+ years in the plastic industry with strong technical Bach
Slide 28: Management Team
Management Team Mr. Sunil Sharma Mr. Purav Shah CS Shefali Mehto Mr. Krishna Patil Chief Financial Officer Executive VP Manufacturing Company Secretary VP Technical Looks after accounting and financial A seasoned professional with 22 An Associate Member of the Institute 30 years of experience in pla
Slide 29: Board of Advisors
Board of Advisors Mr. V Balaji Mr. Saurabh Agarwal Technical Advisor Strategic Advisor With 46+ years of experience in printing, Seasoned professional with over 23 years of lamination, and cast PP films. Expert in flat experience across business functions tube laminates and barrier PE film productio
Slide 30: Olive Ecopak Private Limited
Olive Ecopak Private Limited Nature-Friendly, Table-Ready www.oliveecopak.com www.rajshreepolypack.com 29
Slide 31: Olive Ecopak: Overview
Olive Ecopak: Overview JV India’s 1st ₹ 38.36 cr Vertically integrated, state- Revenue from Operations Between Rajshree of-the-art facility for eco- in H1 FY27 Polypack and Mr. Rajesh Gandhi (Oracle Polyplast) friendly, paper-based tableware and packaging solutions. 150+ BRC ₹ 11.33 cr Certified for
Slide 32: Performance Highlights
Performance Highlights Q2 FY Q2 FY Y-o-Y Q1 Q-o-Q H1 FY Y-o-Y ₹ Crore 2027 2026 Growth(%) FY2027 Growth(%) 2027 2026 Growth(%) Revenue from Operations 21.15 12.05 75.52% 17.22 22.89% 38.36 19.86 93.15% Operating EBITDA 6.69 (0.11) nm 4.57 46.93% 11.25 (1.95) nm Operating EBITDA Margin 31.68% (0.91)%
Slide 33: Production Metrics
Production Metrics Coating (in MT) Finished Goods (in MT) 1,085 1,035 971 881 887 840 790 745 660 578 Q2FY26 Q3FY26 Q4FY26 Q1FY27 Q2FY27 Q2FY26 Q3FY26 Q4FY26 Q1FY27 Q2FY27 www.rajshreepolypack.com 32
Slide 34: Our Products
Our Products Compostable and Eco-Friendly Packaging Solutions For Every Need Paper Plates Paper Cups Food Container Protective Covers Cup / Bowl Lid Bowls Clamshell Boxes Double Wall Cup Straws Paper Bowls Paper Cup Cup / Straw Window Box Container / Lid Food Bowl Meal Boxes Food Container Wrapping
Slide 35: Infrastructure
Infrastructure Umbergaon www.rajshreepolypack.com 34
Slide 36: ESG
ESG Rajshree Polypack : ESG Commitments Driving Sustainable Growth Environment Social Governance • 100% recyclable rigid plastic • ₹29.26 lakh invested in CSR initiatives • 50% Independent Board (3 of 6 packaging solutions supporting the during FY26 directors) circular economy • Employee development
Slide 37: ESG Disclosure Rajshree Polypack
AI - ESG Profile: 10 Factors and 188 Subfactors Rajshree Polypack ESG Disclosure Website Platform Rajshree Polypack ESG Profile Link (Click Here) Management Approach (2) Company Overview (4) Board of Directors (6) ESG Factors (10) Environment (20) Social (40) Governance (80) Resilience (2) Profile S
Slide 38: ESG Quantitative Performance Metrics
ESG Quantitative Performance Metrics FY2027 Environment (3) Social (3) Governance (3) Nil 3,433 MT BRC certified Number of Sexual Harassment Waste to Recycling (EPR) Global Standards for Packaging Incidents 1,560 M3 ₹ 29.26 Lakhs Nil Water Volume used CSR Activities Penalty Disclosures 100% 50% 7,63
Slide 39: Disclaimer
Disclaimer This presentation and the accompanying slides (the “Presentation”), which have been prepared by Rajshree Polypack Limited (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any secu