Rajshree Polypack Aug-24

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Questions and Answers

What has helped Rajshree Polypack Limited gain more business in the export segment?

Implementing new marketing strategies domestically

Reducing prices on existing products

Hiring more staff for the sales department

A wider product range and an increased focus on exports (correct)

What was the tone of Mr. Ramswaroop Thard’s closing remarks?

Grateful and appreciative (correct)

Indifferent and dismissive

Regretful and apologetic

Frustrated and overwhelmed

What was notable about the Q&A session during the conference?

There were few questions asked (correct)

Participants criticized the company’s performance

It was filled with challenging questions

Mr. Thard avoided answering questions

What action could participants take during the call if they had questions?

Press ‘*’ and ‘1’ to ask a question Signup and view all the answers

Who concluded the conference call?

The PL team Signup and view all the answers

What is the new capacity for Rajshree Polypack Limited after the increase?

3,300 metric tons per annum Signup and view all the answers

By what percentage did employee expenses grow in Q1 FY '24?

12.5% Signup and view all the answers

How many new products were developed and introduced during the quarter?

Over seven new products Signup and view all the answers

What percentage increase did manufacturing expenses experience?

3% Signup and view all the answers

Which event did Rajshree Polypack Limited participate in to promote international exports?

National Restaurant Show in Chicago Signup and view all the answers

What is notable about Olive Ecopack's production as mentioned?

Commercial production of more than 50 SKUs has commenced. Signup and view all the answers

What is a unique feature of Olive Ecopack in India?

It has the only integrated facility for paper-based disposable tableware. Signup and view all the answers

How many new significant customers were added in Q1 FY '25?

25 new customers Signup and view all the answers

When is the new capacity for extrusion expected to come online?

By the end of quarter three of this financial year Signup and view all the answers

What is the date of the earnings conference call for Q1 FY25?

August 6, 2024 Signup and view all the answers

What has been the trend in raw material prices over the last three quarters?

Stable with minimal fluctuation of 3% to 5% Signup and view all the answers

What is the symbol for Rajshree Polypack Limited as mentioned in the document?

RPPL Signup and view all the answers

What is the expected trend for raw material prices in the next quarter?

Forecasted to remain stable Signup and view all the answers

Who is the Chairman and Managing Director of Rajshree Polypack Limited?

Mr.Ramswaroop Thard Signup and view all the answers

What has been the year-on-year change in margins from 20% to what value?

14.7% Signup and view all the answers

What does SEBI stand for as referenced in the document?

Securities and Exchange Board of India Signup and view all the answers

How is Rajshree Polypack Limited planning to improve cost efficiency?

By scaling up capacities and utilizing existing infrastructure more Signup and view all the answers

What was primarily discussed during the earnings conference call?

Financial results up to Quarter ended June 30, 2024 Signup and view all the answers

What has contributed to the increase in export revenues for Rajshree Polypack?

High demand in Western India Signup and view all the answers

What will Rajshree Polypack decide regarding its expansion after one more quarter?

Whether to increase capacity in the Western zone of India or to proceed with Odsiha Signup and view all the answers

Who was the host of the Q1 FY25 earnings conference call?

Prabhudas Lilladher Private Limited Signup and view all the answers

Which capacity addition is expected to come online alongside extrusion?

Thermoforming and injection Signup and view all the answers

Where can the transcript of the earnings conference call be found?

On the website of Rajshree Polypack Limited Signup and view all the answers

Which of the following individual is the Chief Financial Officer mentioned in the document?

Mr.Sunil Sharma Signup and view all the answers

What is the primary driver of growth mentioned by Akshat Mehta?

Volume growth Signup and view all the answers

What is the current market status for biodegradable products according to Mr. Ramswaroop Thard?

Low demand due to high raw material prices Signup and view all the answers

What has happened to the initiative regarding tube laminates?

It is currently on hold. Signup and view all the answers

What does Mr. Ramswaroop Thard state about the company's readiness to enter the biodegradable products market?

They can enter when market demand increases. Signup and view all the answers

Which sector has been experiencing good traction in the export market, according to the discussion?

Thermoforming products Signup and view all the answers

Why is there currently no commercial activity for biodegradable products?

High prices of raw material Signup and view all the answers

What did Mr. Suresh Kumar inquire about at the meeting?

Updates on biodegradable products Signup and view all the answers

What is the stated reason for holding the tube laminates segment?

Technical challenges with existing equipment Signup and view all the answers

What was the turnover for Rajshree Polypack Limited in Q1 FY '25?

INR78.7 crores Signup and view all the answers

By what percentage did the EBITDA margin increase from Q1 FY '24 to Q1 FY '25?

2.71% Signup and view all the answers

What was the profit after tax (PAT) for Rajshree Polypack Limited in Q1 FY '25?

INR4.03 crores Signup and view all the answers

What percentage of overall turnover did the export business account for in Q1 FY '25?

11.5% Signup and view all the answers

What percentage increase was observed in the sales of packaging products from the previous year?

16.29% Signup and view all the answers

What is the total capacity after the increase in extrusion capacity?

24,000 metric tons Signup and view all the answers

What revenue was generated in the Injection Moulding segment in Q1 FY '25?

INR6.24 crores Signup and view all the answers

What was the change in PAT margin from Q1 FY '24 to Q1 FY '25?

8.23% Signup and view all the answers

Study Notes

Earnings Conference Call Transcript

Date: August 12, 2024
Subject: Transcript of Q1 FY25 Earnings Conference Call for Rajshree Polypack Limited (RPPL)
Held on: Tuesday, August 6, 2024
Available on: RPPL website (www.rajshreepolypack.com)
Regulations: Compliant with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Regulation 30.

Q1 FY25 Earnings Highlights

Turnover: INR78.7 crores, up 8.26% compared to INR72.69 crores in Q1 FY24.
Volume: Increased by approximately 8.71%.
EBITDA: INR11.59 crores (Q1 FY25) compared to INR8.73 crores (Q1 FY24), leading to a margin increase from 12.01% to 14.72%.
Profit After Tax (PAT): INR4.03 crores (Q1 FY25) vs INR2.1 crores (Q1 FY24), demonstrating a significant 91% increase in margin, reaching 5.12% of sales compared to 2.89% in Q1 FY24.
Exports: INR9.2 crores (Q1 FY25), 11.5% of overall turnover, expected to grow further.
Packaging Products: Sales increased 16.29%, rising from INR52.76 crores to INR61.35 crores.
Sheet Sales: Saw a decrease of 11.62%, falling from INR16.6 crores to INR14.7 crores.
Capacity Expansion:
- Extrusion capacity increased by 4,000 metric tons, reaching a total of 24,000 metric tons.
- Thermoforming capacity enhanced by 750 metric tons, reaching a total of 9,990 metric tons per annum; and further 750 metric tons are planned in Q3.
- Injection Moulding saw a significant increase in revenue from INR3.2 crores (Q1 FY24) to INR6.24 crores (Q1 FY25).

Management Team

Chairman & Managing Director: Mr. Ramswaroop Thard
Chief Financial Officer: Mr. Sunil Sharma

Conference Call Details

Moderator: Mrs. Stuti Beria (Prabhudas Lilladher Private Limited)
Participants: Various investors & analysts.
Key Discussion Points Covered:
- Raw material price trends
- Capacity expansion plans
- Export business developments
- Growth strategies
- Quarter-by-quarter earnings trends
- Working capital movements
- Future plans for specific products (e.g., Olive Ecopack, biodegradable products, tube laminates).

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Description

This quiz focuses on the key highlights from the Q1 FY25 Earnings Conference Call for Rajshree Polypack Limited (RPPL). It covers financial metrics such as turnover, EBITDA, and profit after tax, along with insights on exports and overall performance compared to previous quarters.