Shree Rama Multi-Tech Reports Strong Q2 Growth and Appoints New CFO

2 min read     Updated on 13 Nov 2025, 01:18 PM
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Reviewed by
Radhika SahaniScanX News Team
Overview

Shree Rama Multi-Tech Limited announced robust financial results for Q2 FY2026. Net profit increased by 39.4% to ₹737.33 crore, while revenue from operations grew by 67.4% to ₹9,331.35 crore compared to Q2 FY2025. For H1 FY2026, net profit rose by 55.8% to ₹1,472.05 crore. The company's total income for Q2 FY2026 was ₹6,372.28 crore, with EPS improving to ₹0.51. As of September 30, 2025, total assets stood at ₹21,321.43 crore. The company appointed Mr. Krunal Shah as its new CFO, effective November 13, 2025. Auditors issued a qualified review report due to non-consolidation of a defunct subsidiary's accounts.

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*this image is generated using AI for illustrative purposes only.

Shree Rama Multi-Tech Limited , a leading packaging materials manufacturer, has announced robust financial results for the second quarter and half-year ended September 30, 2025, alongside a key executive appointment.

Financial Performance Highlights

The company reported a significant increase in profitability for Q2 FY2026:

Metric Q2 FY2026 Q2 FY2025 YoY Change
Net Profit ₹737.33 ₹528.83 39.4%
Revenue from Operations ₹9,331.35 ₹5,574.60 67.4%

For the half-year period:

Metric H1 FY2026 H1 FY2025 YoY Change
Net Profit ₹1,472.05 ₹944.54 55.8%

The company's performance shows substantial growth in both revenue and profitability compared to the previous year.

Operational Performance

Shree Rama Multi-Tech's operational efficiency is evident from its financial statements:

  • Total income for Q2 FY2026 stood at ₹6,372.28 crore, up from ₹5,303.84 crore in Q2 FY2025.
  • The company maintained control over expenses, with total expenses for Q2 FY2026 at ₹5,417.82 crore.
  • Earnings per share (EPS) for Q2 FY2026 improved to ₹0.51, compared to ₹0.40 in the same quarter last year.

Balance Sheet Strength

As of September 30, 2025, Shree Rama Multi-Tech's financial position remains solid:

  • Total assets stood at ₹21,321.43 crore.
  • The company's equity share capital remained stable at ₹6,673.40 crore.
  • Other equity increased to ₹10,073.60 crore from ₹8,644.44 crore at the end of the previous fiscal year.

Cash Flow Management

The company demonstrated strong cash flow management:

  • Net cash flow from operating activities for H1 FY2026 was ₹2,690.69 crore.
  • Cash and cash equivalents at the end of the period increased to ₹877.21 crore from ₹63.32 crore at the beginning of the period.

New CFO Appointment

In a strategic move, Shree Rama Multi-Tech has appointed Mr. Krunal Shah as its new Chief Financial Officer, effective November 13, 2025. Mr. Shah, a Chartered Accountant with over 17 years of experience in business, finance, and accounts, joins the company after serving as CFO at Dholera Industrial City Development Limited. This appointment is expected to bring fresh perspectives to the company's financial strategies.

Auditor's Note

The company's auditors, Mahendra N. Shah & Co., issued a qualified review report, citing the non-consolidation of accounts of ShreeRama (Mauritius) Limited, a wholly-owned subsidiary. The company has stated that this is due to the subsidiary being declared defunct under Mauritian law.

Shree Rama Multi-Tech's strong Q2 performance, coupled with the appointment of an experienced CFO, positions the company for continued growth in the packaging materials sector. Investors and stakeholders will likely watch closely to see how these positive developments translate into long-term value creation.

Historical Stock Returns for Shree Rama Multi-Tech

1 Day5 Days1 Month6 Months1 Year5 Years
+5.00%-2.37%-4.34%+60.67%+58.88%+828.92%
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Shree Rama Multi-Tech Limited CFO Hemant Shah Resigns

1 min read     Updated on 31 Oct 2025, 05:02 PM
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Reviewed by
Naman SharmaScanX News Team
Overview

Hemant Shah, CFO of Shree Rama Multi-Tech Limited, has submitted his resignation effective October 31, 2025. The resignation was tendered on August 1, 2025, with a 90-day notice period. No material reasons were provided for the resignation. The company has accepted the resignation and made necessary disclosures as per regulatory requirements. No immediate impact on operations has been indicated.

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*this image is generated using AI for illustrative purposes only.

Shree Rama Multi-Tech Limited , an ISO certified company specializing in manufacturing lami-tubes, tube laminates, multilayer films, and flexible laminates, has announced a change in its leadership team. The company's Chief Financial Officer (CFO), Hemant Shah, has tendered his resignation.

Resignation Details

According to the company's filing with the stock exchanges, the key details of the resignation are as follows:

Aspect Details
Resignation Date August 1, 2025
Effective Date October 31, 2025 (closure of business hours)
Notice Period 90 working days
Reason Provided No material reasons stated

Company's Response

The management of Shree Rama Multi-Tech Limited has accepted and approved Shah's resignation. In compliance with regulatory requirements, the company has made the necessary disclosures under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Transition Process

The company has not provided specific details about the succession plan. The three-month notice period from August to October 2025 may allow the company to search for a replacement and ensure a handover of responsibilities.

Impact on Operations

There is no indication of any immediate impact on the company's operations due to the CFO's resignation. Shah has confirmed that there are no material reasons behind his decision to step down.

Shree Rama Multi-Tech Limited, known for its ISO 9001:2015 and ISO 15378:2017 (GMP) certifications, as well as its DMF Type III certification, continues to operate in the packaging industry.

Historical Stock Returns for Shree Rama Multi-Tech

1 Day5 Days1 Month6 Months1 Year5 Years
+5.00%-2.37%-4.34%+60.67%+58.88%+828.92%
Shree Rama Multi-Tech
View in Depthredirect
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