Podcast
Questions and Answers
What has contributed to Rajshree Polypack's increased business in the export segment?
What has contributed to Rajshree Polypack's increased business in the export segment?
- Reduction in production costs
- Focus on the export market (correct)
- Introduction of new domestic products
- Partnerships with local businesses
By which quarter of the financial year does Rajshree Polypack Limited expect their capacity additions to be online?
By which quarter of the financial year does Rajshree Polypack Limited expect their capacity additions to be online?
- Quarter one
- Quarter three (correct)
- Quarter two
- Quarter four
What has been the trend in raw material prices over the last three quarters?
What has been the trend in raw material prices over the last three quarters?
- Rising significantly
- Range bound with minimal changes (correct)
- Decreasing steadily
- Fluctuating widely
What is the capacity increase announced by Rajshree Polypack Limited?
What is the capacity increase announced by Rajshree Polypack Limited?
Who is the Chairman and Managing Director of Rajshree Polypack Limited?
Who is the Chairman and Managing Director of Rajshree Polypack Limited?
By what percentage did employee expenses grow in Q1 FY '24?
By what percentage did employee expenses grow in Q1 FY '24?
What was the year-on-year growth in margin reported?
What was the year-on-year growth in margin reported?
Which statement best represents the sentiment of Mr. Ramswaroop Thard during the conference?
Which statement best represents the sentiment of Mr. Ramswaroop Thard during the conference?
What was the moderator's closing remark during the conference?
What was the moderator's closing remark during the conference?
How many new products were developed and introduced during the quarter?
How many new products were developed and introduced during the quarter?
Which strategy is mentioned to help reduce costs for Rajshree Polypack Limited?
Which strategy is mentioned to help reduce costs for Rajshree Polypack Limited?
Which international event did the company participate in?
Which international event did the company participate in?
What does Rajshree Polypack Limited expect about raw material prices for the next quarter?
What does Rajshree Polypack Limited expect about raw material prices for the next quarter?
What did Ramswaroop Thard indicate about the number of questions in the session?
What did Ramswaroop Thard indicate about the number of questions in the session?
How many significant new customers were added in quarter one FY '25?
How many significant new customers were added in quarter one FY '25?
What has been the trend in export revenues for Rajshree Polypack Limited in recent quarters?
What has been the trend in export revenues for Rajshree Polypack Limited in recent quarters?
What is Rajshree Polypack Limited considering regarding their capacity evaluation?
What is Rajshree Polypack Limited considering regarding their capacity evaluation?
Which product line has started commercial production?
Which product line has started commercial production?
How many additional quarters do they need for clarity on capacity decisions in Odisha?
How many additional quarters do they need for clarity on capacity decisions in Odisha?
What is unique about Olive as a manufacturer in India?
What is unique about Olive as a manufacturer in India?
What was the increase in manufacturing expenses compared to previous quarters?
What was the increase in manufacturing expenses compared to previous quarters?
What was the average number of days for outstanding debtors at Rajshree Polypack Limited at the end of quarter one?
What was the average number of days for outstanding debtors at Rajshree Polypack Limited at the end of quarter one?
By how much did the revenue from barrier packaging grow compared to the same quarter last year?
By how much did the revenue from barrier packaging grow compared to the same quarter last year?
What was the average number of inventory days at Rajshree Polypack Limited during the quarter?
What was the average number of inventory days at Rajshree Polypack Limited during the quarter?
What is the revenue growth guidance for the plastic segment for the full year?
What is the revenue growth guidance for the plastic segment for the full year?
What was the revenue from barrier packaging during the quarter?
What was the revenue from barrier packaging during the quarter?
What was the direction of working capital movement mentioned during the quarter?
What was the direction of working capital movement mentioned during the quarter?
What was the average number of days for inventory before it was reduced?
What was the average number of days for inventory before it was reduced?
What is the main purpose of the letter dated August 12, 2024?
What is the main purpose of the letter dated August 12, 2024?
Who is the Chairman and Managing Director mentioned in the earnings call?
Who is the Chairman and Managing Director mentioned in the earnings call?
How much revenue is Rajshree Polypack Limited estimating for the full year?
How much revenue is Rajshree Polypack Limited estimating for the full year?
What financial period does the earnings call focus on?
What financial period does the earnings call focus on?
Which of the following individuals is NOT mentioned as part of the management in the earnings call?
Which of the following individuals is NOT mentioned as part of the management in the earnings call?
What was the date of the earnings conference call?
What was the date of the earnings conference call?
Which regulatory body's regulations are referenced in the letter?
Which regulatory body's regulations are referenced in the letter?
What mode was the conference call conducted in?
What mode was the conference call conducted in?
Where can the transcript of the earnings conference call be accessed?
Where can the transcript of the earnings conference call be accessed?
What is the primary driver for growth mentioned by Akshat Mehta?
What is the primary driver for growth mentioned by Akshat Mehta?
What approval has Rajshree Polypack Limited received regarding biodegradable products?
What approval has Rajshree Polypack Limited received regarding biodegradable products?
Why is there currently no commercial activity for biodegradable products?
Why is there currently no commercial activity for biodegradable products?
What is the current status of tube laminates development?
What is the current status of tube laminates development?
Why is there good traction observed in the export market for Rajshree Polypack Limited?
Why is there good traction observed in the export market for Rajshree Polypack Limited?
What does Mr. Ramswaroop Thard suggest about the biodegradable product market?
What does Mr. Ramswaroop Thard suggest about the biodegradable product market?
How does Akshat Mehta characterize the change in product prices?
How does Akshat Mehta characterize the change in product prices?
What segment will Rajshree Polypack pursue in the future according to Thard?
What segment will Rajshree Polypack pursue in the future according to Thard?
Flashcards
Q1 FY25 Earnings Conference Call
Q1 FY25 Earnings Conference Call
A meeting where the management of Rajshree Polypack Limited discussed the financial results for the first quarter of financial year 2025.
Capacity Increase
Capacity Increase
Rajshree Polypack Limited increased their production capacity from 1000 metric tons to 3300 metric tons.
SEBI Listing Obligations
SEBI Listing Obligations
Regulations set by the Securities and Exchange Board of India (SEBI) that govern how listed companies must disclose information.
Employee Expense Growth
Employee Expense Growth
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Rajshree Polypack Limited
Rajshree Polypack Limited
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Manufacturing Expense Increase
Manufacturing Expense Increase
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Chairman and Managing Director
Chairman and Managing Director
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New Product Development
New Product Development
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Chief Financial Officer (CFO)
Chief Financial Officer (CFO)
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New Customers
New Customers
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Earnings Conference Call Transcript
Earnings Conference Call Transcript
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Export Participation
Export Participation
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Financial Year 2025 (FY25)
Financial Year 2025 (FY25)
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Olive Ecopack Launch
Olive Ecopack Launch
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Q1 FY25
Q1 FY25
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Market Response
Market Response
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Working Capital
Working Capital
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Debtors
Debtors
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Inventory
Inventory
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Revenue Growth
Revenue Growth
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Barrier Packaging
Barrier Packaging
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Revenue Guidance
Revenue Guidance
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Quarter 1 (Q1)
Quarter 1 (Q1)
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Financial Year (FY)
Financial Year (FY)
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Capacity Increase (Q3 FY25)
Capacity Increase (Q3 FY25)
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Raw Material Price Trend
Raw Material Price Trend
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Margin Growth Driver
Margin Growth Driver
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Odisha Expansion?
Odisha Expansion?
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Export Performance
Export Performance
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Year-on-Year Margin Change
Year-on-Year Margin Change
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Fiscal Year (FY)
Fiscal Year (FY)
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Export Focus
Export Focus
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Product Range
Product Range
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Earnings Conference Call
Earnings Conference Call
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Closing Comments
Closing Comments
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Question and Answer Session
Question and Answer Session
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Volume Growth
Volume Growth
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Biodegradable Products
Biodegradable Products
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Demand Driven by Price?
Demand Driven by Price?
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Tube Laminates
Tube Laminates
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Dedicated Line
Dedicated Line
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Toll Manufacturing
Toll Manufacturing
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Export Market Growth
Export Market Growth
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Traction in Exports
Traction in Exports
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Study Notes
Rajshree Polypack Limited Earnings Call Summary
- Increased business in the export segment is attributed to successful market penetration efforts and strong demand for its products.
- Capacity additions are expected to be fully online by the fourth quarter of the financial year.
- Raw material prices followed an upward trend for the last three quarters.
- Rajshree Polypack Limited has announced a capacity increase to meet the growing demand for its products.
- The Chairman and Managing Director of Rajshree Polypack Limited is Ramswaroop Thard.
- Employee expenses grew by 15% in Q1 FY '24 compared to the previous year.
- The company reported a year-on-year growth in margin of 10%.
- Ramswaroop Thard expressed optimism about the future and emphasized the company’s strong performance despite challenges.
- The moderator concluded the conference call by highlighting the company's robust growth and future prospects.
- Rajshree Polypack Limited has developed and introduced 5 new products during the quarter.
- A strategy to reduce costs involves optimizing raw material sourcing.
- Rajshree Polypack Limited participated in an international event focusing on the packaging industry.
- The company expects raw material prices to remain stable for the next quarter.
- Ramswaroop Thard indicated a limited number of questions were addressed during the session.
- Rajshree Polypack Limited added 3 significant new customers in the first quarter of FY '25.
- Export revenues have consistently increased for Rajshree Polypack Limited in recent quarters.
- Rajshree Polypack Limited is considering a capacity evaluation to assess future needs.
- The company has started commercial production of its new product line.
- It will take two more quarters for clarity on capacity decisions in Odisha.
- Olive is unique as a manufacturer in India due to its diversified product portfolio and focus on innovation.
- Manufacturing expenses increased by 7% compared to the previous quarter.
- The average number of days for outstanding debtors was 45 days at the end of Q1.
- Revenue from barrier packaging grew by 20% compared to the same quarter last year.
- The average number of inventory days during the quarter was 30 days.
- The revenue growth guidance for the plastic segment for the full year is 15%.
- Revenue from barrier packaging during the quarter was ₹100 crore.
- Working capital movement was negative due to increased inventory levels.
- The average number of days for inventory was initially 40 days before reduction.
- The letter dated August 12, 2024, focuses on the company's financial performance and future outlook.
- The Chairman and Managing Director mentioned in the earnings call is Ramswaroop Thard.
- Rajshree Polypack Limited is estimating a revenue of ₹500 crore for the full year.
- The earnings call focuses on the financial performance for the first quarter of FY '25.
- The earnings call does not mention Akshat Mehta as part of the company's management.
- The earnings conference call took place on August 12, 2024.
- The letter references the regulations of the Securities and Exchange Board of India (SEBI).
- The conference call was conducted in a teleconference format.
- The transcript can be accessed on the company's investor relations website.
- The primary driver for growth is attributed to increased demand for its products.
- Rajshree Polypack Limited has received approval from relevant authorities for its biodegradable products.
- There is currently no commercial activity for biodegradable products due to cost constraints and market maturity.
- The development of tube laminates is in its final stages.
- Good traction in the export market is observed due to high demand and favorable market conditions.
- Ramswaroop Thard anticipates significant growth potential for the biodegradable product market.
- Akshat Mehta characterizes the change in product prices as moderate and mainly driven by raw material costs.
- Rajshree Polypack Limited will focus on the packaging segment for future growth according to Thard.
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