Knack Packaging Ltd
Incorporated in 2013, Knack Packaging Ltd. is an integrated packaging solutions provider focusing on innovation, exports, and sustainability.[1]
- Market Cap ₹ 2,517 Cr.
- Current Price ₹ 206
- High / Low ₹ 222 / 171
- Stock P/E 26.3
- Book Value ₹ 58.9
- Dividend Yield 0.00 %
- ROCE 30.0 %
- ROE 34.7 %
- Face Value ₹ 10.0
Pros
- Company has delivered good profit growth of 35.1% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 36.6%
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| 367 | 479 | 513 | 643 | 727 | 810 | |
| Sales growth | +30% | +7% | +25% | +13% | +11% | |
| 319 | 427 | 456 | 547 | 597 | 664 | |
| Operating Profit | 48 | 52 | 57 | 95 | 130 | 146 |
| OPM % | 13% | 11% | 11% | 15% | 18% | 18% |
| 0 | 0 | -0 | 5 | 11 | 20 | |
| Interest | 8 | 9 | 9 | 15 | 17 | 16 |
| Depreciation | 13 | 16 | 17 | 24 | 28 | 29 |
| Profit before tax | 27 | 27 | 31 | 61 | 96 | 120 |
| Tax % | 25% | 25% | 26% | 26% | 26% | 26% |
| 20 | 20 | 23 | 45 | 71 | 89 | |
| EPS in Rs | 2.00 | 2.02 | 2.28 | 4.51 | 7.11 | 8.94 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 17% |
| 3 Years: | 16% |
| TTM: | 11% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 35% |
| 3 Years: | 58% |
| TTM: | 27% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 34% |
| 3 Years: | 37% |
| Last Year: | 35% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | Sep 2026 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 5 | 5 | 5 | 5 | 5 | 100 | 122 |
| Reserves | 58 | 78 | 101 | 139 | 210 | 205 | 599 |
| 105 | 104 | 123 | 190 | 188 | 206 | 205 | |
| 42 | 37 | 49 | 49 | 45 | 78 | 96 | |
| Total Liabilities | 210 | 224 | 278 | 382 | 448 | 589 | 1,023 |
| 85 | 80 | 97 | 162 | 161 | 245 | 264 | |
| CWIP | 0 | 0 | 0 | 1 | 13 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 5 | 5 |
| 125 | 144 | 180 | 220 | 274 | 338 | 754 | |
| Total Assets | 210 | 224 | 278 | 382 | 448 | 589 | 1,023 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| 20 | 21 | 26 | 33 | 93 | 91 | |
| -32 | -12 | -34 | -69 | -67 | -100 | |
| 15 | -10 | 10 | 35 | -19 | 3 | |
| Net Cash Flow | 3 | -0 | 2 | -1 | 7 | -6 |
| Free Cash Flow | -12 | 10 | -8 | -36 | 35 | -12 |
| CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit | 54% | 45% | 61% | 50% | 88% | 78% |
Ratios
Standalone / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Debtor Days | 65 | 58 | 64 | 68 | 61 | 60 |
| Inventory Days | 55 | 51 | 55 | 80 | 76 | 91 |
| Days Payable | 39 | 25 | 33 | 39 | 28 | 31 |
| Cash Conversion Cycle | 81 | 84 | 87 | 109 | 109 | 120 |
| Working Capital Days | 45 | 39 | 42 | 27 | 35 | 28 |
| ROCE % | 20% | 19% | 27% | 30% | 30% |
Insights
In beta| Mar 2016 | Mar 2017 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Export Share of Revenue % |
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| Installed Capacity MTPA |
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| Production Volume MT |
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| US Share of Revenue from Operations % |
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| Sales Volume MT |
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| Top 10 Customer Concentration % of TOI |
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| Number of Export Countries count |
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Extracted by Screener AI
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Earnings Call Transcript
- Transcript of the Q2 & H1 FY 2027 Earnings Conference Call.
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
- Newspaper advertisement of Unaudited Financial Results (Standalone & Consolidated) for the second quarter and half year ended September 30, 2026
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
- Q2 FY2027 earnings call audio recording uploaded after October 28, 2026 investor call.
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Announcement under Regulation 30 (LODR)-Monitoring Agency Report
- CARE report for quarter ended September 30, 2026 shows no deviation in ₹380 crore IPO proceeds utilization.
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Compliance - Statement Of Deviation Or Variation In Utilization For Funds Raised Through Public Issue For The Quarter Ended September 30, 2026
- Knack Packaging reported no deviation in IPO fund use for quarter ended September 30, 2026.
Concalls
-
Nov 2026Transcript REC
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Oct 2026PPT REC
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Aug 2026Transcript PPT REC
Business Profile:[1]
Knack Packaging (KPL) is an integrated packaging solutions provider engaged in manufacturing value-added printed and laminated woven polypropylene (PLWPP)
bags for domestic and export markets.
The company focuses on innovation, customization, technology-driven
manufacturing, and sustainable
packaging solutions.