Board meeting held on April 05, 2025
As filed · Rajshree Polypack Limited has informed the Exchange regarding Board meeting held on April 05, 2025.
What happened
FactThe Board of Directors of Rajshree Polypack Limited approved the issuance of a Corporate Guarantee in favor of SVC Co-Operative Bank Ltd for a term loan facility of Rs. 17 Crores to Olive Ecopak Private Limited, a joint venture company. This decision was made during a board meeting held on April 5, 2025. The meeting commenced at 04:48 pm and concluded at 05:56 pm.
Why it matters
CapitSignal interpretationReported results are the point at which prior management commitments become checkable against audited or reviewed numbers.
What management said before
Prior statements by this company that CapitSignal has recorded changing.
Capex
RevisedWe remain bullish on the Injection Moulding products category with addition of another 1,000 MTPA capacity under toll manufacturing arrangement.
This will take our total installed capacity to 5,800 MTPA and will enable us focus on catering to both domestic as well as export markets.
Change
FactImplication
CapitSignal interpretationCapex
RevisedWe are not looking at any major capex expansion. Maybe around ₹5–6 crore in a few molds and optimization of some machines.
With this small capex, we can gradually go up to around ₹420–430 crore maximum on an exit basis.
Change
FactImplication
CapitSignal interpretationGuidance
WithdrawnWe will definitely be looking to break even in this particular year for Olive.
We are looking at break-even for this year, and from next year, it will probably start contributing positively to PAT.
Change
FactImplication
CapitSignal interpretationWatch next
Fact- Margin trend against the prior period
- Cash from operations against reported profit
- Whether prior guidance is reaffirmed
- We should be able to go to 420 to 430 crores. (management committed by FY28)
- For the financial year 26-27, we are looking at roughly 370 to 380 odd crore of revenue. (management committed by FY27)
Evidence
- Rajshree Polypack Limited has informed the Exchange about Giving guarantees/indemnity/ becoming a surety for third party(opens the original filing in a new tab)
- Earlier statement · Q4 FY26
- Latest statement · Q4 FY26
- Earlier statement · Q4 FY26
- Latest statement · Q4 FY26
- Earlier statement · Q4 FY26
- Latest statement · Q4 FY26
How CapitSignal classified this
- Reasoning:
- RESULTS base 68; +5 quantified amount; matched on subject
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 75%