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

*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 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +5.00% | -2.37% | -4.34% | +60.67% | +58.88% | +828.92% |






























