Shree Rama Multi-Tech starts new tubing machine, adds 1.15 crore monthly capacity

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Reviewed by
Riya DScanX News Team
Key Highlights
  • Shree Rama Multi-Tech begins commercial production on new tubing machine
  • Monthly capacity increases by 1.15 crore tubes at Moti-Bhoyan plant
  • ₹20 crore expansion funded entirely through internal accruals
  • Existing capacity utilization stands at 90% against 7.70 crore base
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*this image is generated using AI for illustrative purposes only.

Shree Rama Multi-Tech Ltd began commercial production using a new tubing machine at its Moti-Bhoyan plant on September 21, 2026. The expansion adds 1.15 crore tubes per month to the company’s capacity, funded entirely by internal accruals.

The Gujarat-based manufacturer disclosed the update under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company completed necessary trial runs adhering to standard operating norms and quality parameters before initiating commercial output.

Capacity Expansion Details

The new installation aims to address consistent product demand and tap into growing market opportunities. The investment of ₹20 crore was financed through internal accruals, avoiding additional debt leverage for this specific project.

Metric Details
Existing Capacity 7.70 crore tubes per month
Capacity Utilization 90%
Proposed Addition 1.15 crore tubes per month
Investment Required ₹20 crore
Financing Mode Internal Accruals
Target Completion Q3 FY27

What the Numbers Show

The company reported an existing capacity utilization rate of 90%. This high utilization level against a base capacity of 7.70 crore tubes per month indicates that current demand is nearing the operational ceiling of the existing infrastructure. The addition of 1.15 crore tubes per month represents approximately a 15% increase in total monthly capacity, providing immediate headroom to absorb demand that previously may have been constrained by the near-full utilization of existing lines.

Operational Impact

Management stated that the commencement of production from the new tubing machine is expected to contribute to increases in both topline and bottomline figures in coming years. The facility will produce tubes of various sizes and dimensions, leveraging latest technology to maintain quality standards.

The full capacity addition is scheduled to be realized within the third quarter of FY27. The company holds ISO 9001:2015 and ISO 15378:2017 (GMP) certifications, along with DMF Type III certification, supporting its manufacturing compliance framework.

Historical Stock Returns for Shree Rama Multi-Tech

1 Day5 Days1 Month6 Months1 Year5 Years
-2.90%-8.23%-6.69%-10.44%-28.68%0.0%
Disclaimer: This article is AI-generated using data from LiveSquawk. ScanX is not liable for any inaccuracies.

How might the 15% capacity expansion impact Shree Rama Multi-Tech's market share in the competitive pharmaceutical packaging sector?

What is the expected timeline for the ₹20 crore investment to yield a positive return on investment given current raw material costs?

Could the high existing utilization rate of 90% indicate potential supply chain bottlenecks that this expansion aims to resolve?

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Shree Rama Multi-Tech schedules 32nd AGM for September 25, 2026

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Reviewed by
Riya DScanX News Team
Key Highlights
  • Shree Rama Multi-Tech schedules its 32nd AGM for September 25, 2026
  • The meeting will be held via video conferencing or other audio-visual means
  • Ordinary business includes adopting FY26 audited financial statements
  • Special business involves reappointing a Whole-Time Director for three years
  • FY26 revenue rose to ₹23,967.74 lakh while PAT fell due to deferred tax
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*this image is generated using AI for illustrative purposes only.

Shree Rama Multi-Tech has scheduled its 32nd Annual General Meeting for Friday, September 25, 2026. The event will be conducted through video conferencing or other audio-visual means.

The company issued the notice on August 24, 2026, in compliance with Ministry of Corporate Affairs Circular No. 03/2025 dated September 22, 2025. The AGM aims to transact ordinary and special businesses as outlined in the official notice.

Meeting Details

Shareholders can attend the meeting remotely via the electronic platform provided by National Securities Depository Limited. The deemed venue for the proceedings is the company’s registered office in Moti-Bhoyan, Gujarat.

Key Dates and Information

Particulars Details
Meeting Date September 25, 2026
Time 11:00 am IST
Mode Video Conferencing / OAVM
Financial Year FY26

Electronic copies of the AGM notice and the annual report for FY26 will be sent to members with registered email addresses. Shareholders holding shares in physical form or those without registered emails are requested to update their details with the Registrar and Share Transfer Agent, Kfin Technologies Limited.

The company will provide remote e-voting facilities for all resolutions set forth in the notice. Detailed instructions for joining the meeting and casting votes are included in the AGM notice available on the company website.

Agenda Items

Ordinary Business

The ordinary business agenda includes:

  • Receiving, considering, and adopting the Audited Financial Statements for the financial year ended March 31, 2026, along with the Reports of the Board of Directors and Auditors.
  • Appointing a Director in place of Ms. Vandana C. Patel (DIN: 07010646), who retires by rotation and offers herself for re-appointment.

Special Business

The special business agenda includes:

  • Reappointment of Shri Hemal R. Shah (DIN: 07338419) as Whole-Time Director for a period of three years effective from November 27, 2026. His remuneration includes a basic salary of ₹26,69,160 per annum and perquisites up to ₹25,19,160 per annum.
  • Ratification of remuneration payable to M/s Maulin Shah & Associates (FRN: 101527) for conducting the cost audit for FY27.

Financial Performance Context

For FY26, the company reported revenue from operations of ₹23,967.74 lakh, an increase from ₹20,783.87 lakh in the previous year. Profit before tax rose to ₹3,359.71 lakh from ₹2,183.80 lakh. However, profit for the year decreased to ₹2,476.23 lakh from ₹5,134.57 lakh due to deferred tax expenses.

Historical Stock Returns for Shree Rama Multi-Tech

1 Day5 Days1 Month6 Months1 Year5 Years
-2.90%-8.23%-6.69%-10.44%-28.68%0.0%

How might the significant divergence between the rise in pre-tax profits and the decline in net profit due to deferred tax expenses impact Shree Rama Multi-Tech's future cash flow and dividend policy?

What strategic initiatives is Shri Hemal R. Shah expected to implement during his three-year term as Whole-Time Director to sustain the recent revenue growth trajectory?

Could the reappointment of Ms. Vandana C. Patel signal any upcoming changes in corporate governance or board composition that investors should monitor?

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1 Year Returns:-28.68%