---
title: "Kahan Packaging Ltd (543979) — Share Price, Financials & Analysis"
symbol: "543979"
company: "Kahan Packaging Ltd"
canonical: "https://tapetide.com/stocks/543979"
isin: "INE04T901017"
nse_symbol: "KAHANLTD"
bse_code: "543979"
sector: "Industrial Products"
industry: "Packaging"
market_cap_cr: 13.11
generated_at: "2026-09-13T18:36:20.918Z"
---

# Kahan Packaging Ltd (543979)

Canonical page: https://tapetide.com/stocks/543979

## Company

- **NSE Symbol:** KAHANLTD
- **BSE Code:** 543979
- **ISIN:** INE04T901017
- **Sector:** Industrial Products
- **Industry:** Packaging
- **Macro Sector:** Industrials
- **Stock Type:** EQUITY
- **Listed Since:** 2023-09-15
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** kpackltd.com

## About

Incorporated in 2016, Kahan Packaging 
Ltd provides complete packaging solutions through polymer based woven products[1]

## Latest Price

## Key Fundamentals

Observed at 2026-09-11T04:35:21.575579Z.

- **Market Cap:** ₹13.11 Cr
- **Classification:** SME
- **P/E (reported):** 11.7
- **EPS (reported):** ₹0
- **Book Value:** ₹10.13
- **Price to Book:** 1.25
- **Dividend Yield:** 0%
- **ROE:** 10.61%
- **ROCE:** 19.48%
- **Debt to Equity:** 0.6
- **Revenue (yearly):** ₹30.5 Cr
- **Net Income:** ₹1.2 Cr
- **EBITDA:** ₹3.1 Cr
- **52-Week High:** ₹21.08
- **52-Week Low:** ₹9.38
- **RSI (14):** 34.95

## Key Insights

### Strengths

- Stock is trading at 1.19 times its book value
- Company's working capital requirements have reduced from 42.1 days to 23.9 days

### Weaknesses

- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 13.1% over last 3 years.

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | 210.95% | 568.13% | 440.8% |
| ebitda margin growth | 33.33% | 5.18% | 7.29% | 73.5% |
| net income growth | 33.33% | 9.09% | 5% | 126% |
| revenue growth | 157.14% | 7.02% | 13% | 19% |
| roce | — | 4.62% | 16.02% | 20.61% |
| roe | — | -6.68% | 11.15% | -62.68% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Sep 2022 | Mar 2023 | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 10.7 | 9.97 | 12.17 | 12.53 | 14.16 | 14.23 | 14.93 | 15.45 |
| Expenses | 10.03 | 8.57 | 10.98 | 11.44 | 12.94 | 12.83 | 13.49 | 13.9 |
| Operating Profit | 0.67 | 1.4 | 1.19 | 1.09 | 1.22 | 1.4 | 1.44 | 1.55 |
| OPM % | 6.26 | 14.04 | 9.78 | 8.7 | 8.62 | 9.84 | 9.65 | 10.03 |
| Other Income | 0 | 0.01 | 0.02 | 0.04 | 0.06 | 0.07 | 0.06 | 0.04 |
| Interest | 0.23 | 0.34 | 0.32 | 0.33 | 0.35 | 0.41 | 0.43 | 0.47 |
| Depreciation | 0.11 | 0.12 | 0.15 | 0.2 | 0.21 | 0.28 | 0.31 | 0.32 |
| Profit before tax | 0.33 | 0.95 | 0.74 | 0.6 | 0.72 | 0.78 | 0.76 | 0.8 |
| Tax % | 21.21 | 21.05 | 25.68 | 26.67 | 26.39 | 25.64 | 25 | 25 |
| Net Profit | 0.26 | 0.74 | 0.55 | 0.45 | 0.54 | 0.58 | 0.57 | 0.6 |
| EPS in Rs | 1.3 | 1.85 | 0.5 | 0.41 | 0.5 | 0.53 | 0.52 | 0.55 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 13.57 | 12.12 | 15.88 | 20.29 | 24.38 | 27.39 | 29.46 |
| Expenses | 12.93 | 11.35 | 14.96 | 18.23 | 22.01 | 24.7 | 26.39 |
| Operating Profit | 0.64 | 0.77 | 0.92 | 2.06 | 2.37 | 2.69 | 3.07 |
| OPM % | 4.72 | 6.35 | 5.79 | 10.15 | 9.72 | 9.82 | 10.42 |
| Other Income | 0.01 | 0.01 | 0.03 | 0.01 | 0.06 | 0.15 | 0.1 |
| Interest | 0.44 | 0.5 | 0.51 | 0.57 | 0.73 | 0.85 | 0.98 |
| Depreciation | 0.07 | 0.21 | 0.2 | 0.23 | 0.35 | 0.49 | 0.63 |
| Profit before tax | 0.14 | 0.07 | 0.24 | 1.27 | 1.35 | 1.5 | 1.56 |
| Tax % | 85.71 | 85.71 | 20.83 | 21.26 | 25.93 | 25.33 | 25 |
| Net Profit | 0.01 | 0.02 | 0.2 | 1 | 1 | 1.12 | 1.17 |
| EPS in Rs | 0.05 | 0.1 | 1 | 2.5 | 0.92 | 1.03 | 1.07 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 0 |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 0.5 | 0.5 | 0.5 | 1 | 2.72 | 2.72 | 2.72 |
| Reserves | -0.02 | 0 | 0.2 | 1.19 | 6.01 | 7.14 | 8.31 |
| Borrowings | 4.91 | 4.42 | 6.16 | 7.74 | 6.35 | 7.97 | 6.62 |
| Other Liabilities | 5.08 | 4.06 | 2.89 | 5.02 | 4.58 | 3.32 | 7.58 |
| Total Liabilities | 10.47 | 8.98 | 9.75 | 14.95 | 19.66 | 21.15 | 25.23 |
| Fixed Assets | 4.15 | 3.98 | 3.79 | 4.81 | 6.58 | 8.56 | 10.07 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0.14 | 0.14 | 0.15 | 0.32 | 0.33 | 0.36 | 0.37 |
| Other Assets | 6.18 | 4.86 | 5.81 | 9.82 | 12.75 | 12.23 | 14.79 |
| Total Assets | 10.47 | 8.98 | 9.75 | 14.95 | 19.66 | 21.15 | 25.23 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | -0.39 | 0.94 | -1.25 | 0.53 | -0.91 | 1.37 | 4.26 |
| Cash from Investing Activity | -1.04 | -0.13 | -0.02 | -1.4 | -2.14 | -2.49 | -2.15 |
| Cash from Financing Activity | 1.51 | -0.99 | 1.25 | 0.87 | 3.36 | 0.82 | -2.14 |
| Net Cash Flow | 0.08 | -0.18 | -0.01 | 0 | 0.31 | -0.3 | -0.03 |
| Free Cash Flow | -1.3 | 0.9 | -1.26 | -0.71 | -3.03 | -1.1 | 2.12 |
| CFO/OP | -58 | 122 | -136 | 26 | -31 | 65 | 151 |

### Ratios

| Item | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 93.87 | 70.77 | 68.27 | 60.08 | 92.52 | 81.96 | 93.67 |
| Inventory Days | 75.14 | 89.59 | 75.75 | 137.13 | 110.45 | 96.13 | 110.53 |
| Days Payable | 157.4 | 141.94 | 74.89 | 102.74 | 71.39 | 44.67 | 110.7 |
| Cash Conversion Cycle | 11.61 | 18.42 | 69.13 | 94.48 | 131.58 | 133.42 | 93.5 |
| Working Capital Days | -17.75 | -24.39 | -13.56 | 22.31 | 64.38 | 37.98 | 23.91 |
| ROCE % | — | 11.06 | 12.73 | 22.28 | 16.63 | 14.28 | 14.32 |

## Shareholding Pattern

### Quarterly

| Category | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- |
| Promoters | 73.49% | 73.49% | 73.49% | 73.49% | 73.49% | 73.49% |
| FIIs | 0% | 0% | 0% | 0% | 0% | 0% |
| DIIs | 0% | 0% | 0% | 0% | 0% | 0% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 17.1% | 22.86% | 23.33% | 22.27% | 22.57% | 24.8% |
| Others | 9.41% | 3.65% | 3.18% | 4.24% | 3.94% | 1.71% |
| No. of Shareholders | 429 | 306 | 281 | 244 | 240 | 225 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 6 / 1 / 12

### Moving Averages — summary: **Strong Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 14.35 | Sell |
| EMA (10) | 16.27 | Sell |
| SMA (20) | 27.14 | Sell |
| EMA (20) | 24.91 | Sell |
| SMA (50) | 45.47 | Sell |
| EMA (50) | 38.53 | Sell |
| SMA (100) | 48.34 | Sell |
| EMA (100) | 47.03 | Sell |
| SMA (200) | 59.44 | Sell |
| EMA (200) | 57.47 | Sell |

### Oscillators — summary: **Strong Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 24.48 | Buy |
| MACD (12,26,9) | -11.09 | Sell |
| Stochastic (14,3,3) | 0 | Buy |
| ADX (14) | 40.03 | Buy |
| Williams %R (14) | -100 | Buy |
| ATR (14) | 2.85 | High Volatility |
| ROC (12) | -38.2 | Sell |
| Stoch RSI (14) | 0 | Buy |
| UO (7,14,28) | 18.95 | Buy |

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-09-03 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f09ef639-4f57-4b8f-afd1-abfc0232489e.pdf) |
| 2026-09-02 | [Intimation Of 13Th AGM](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=bc1df890-be20-4473-a329-4f5a668c150a.pdf) |
| 2026-09-02 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e6d0eeb1-2c14-4c00-b558-964edcf4140c.pdf) |
| 2026-08-21 | [Board Meeting Outcome for Outcome Of The Board Meeting Held On 21.08.2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=cf8e744f-1f0c-42b4-8636-12eeb38aa5e1.pdf) |
| 2026-08-21 | [General Intimation Regarding Ensuing 13Th AGM Of The Company](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=782f7e74-ddea-4abe-9100-e2776006fd3e.pdf) |
| 2026-08-21 | [General Intimation Regarding Book Closure Dates Of The Ensuing AGM Of The Company](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d1a4ced6-dc8d-42e2-aada-2bd66830ab6e.pdf) |
| 2026-08-14 | [Board Meeting Outcome for Intimation Of Record Date And Deemed Date Of Allotment Of Bonus Equity Shares](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9095859e-cfd7-40ad-a03d-770be79c794d.pdf) |
| 2026-08-13 | [Shareholder Meeting / Postal Ballot-Outcome of Postal_Ballot](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e83a88f9-12c7-4a8f-87f6-3e64b9cc2bd1.pdf) |
| 2026-08-13 | [Shareholder Meeting / Postal Ballot-Scrutinizer"s Report](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=021385ff-67f2-49b6-a916-67b7d3f8c52f.pdf) |
| 2026-08-13 | [Shareholder Meeting / Postal Ballot-Outcome of Postal_Ballot](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=0d91dada-e95a-475d-ab59-12f857c1abbe.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-05-26 | [Standalone Audited Financial Results For The Half Year And Year Ended On 31.03.2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a818134e-15f8-4b83-b9f2-b00c36b18a18.pdf) |
| 2025-11-13 | [Un-Audited Fianncial Results For The Six Months And Half Year Ended 30 September 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d343d4b0-4209-458d-a676-f054afd839d7.pdf) |
| 2025-05-16 | [Standalone Audited Fiannacial Results For The Half Year And Year Ended On 31-03-2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=609d2640-8adb-435a-8e9c-9b1f31c9529b.pdf) |
| 2024-11-14 | [Standalone Un-Audited Financial Results For The Half Year Ended On September 30, 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=49727807-0695-44e5-9027-0edb92cd1a32.pdf) |
| 2024-05-30 | [Audited Financials Results For The Half Year And Year Ended On 31St March, 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=bea55050-01bd-4749-9bb4-03839b5a73e4.pdf) |
| 2023-11-10 | [Outcome Of Board Meeting Held On 10/11/2023 For Consideration Of Half Yearly Unaudited Financial Results As On 30.09.2023](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=324aabea-6c57-469b-a946-665eb6d22f95.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 9 January 2026 - Certificate from RTA per Regulation 74(5) for quarter ended December 31, 2025. | [Certificate under SEBI (Depositories and Participants) Regulations, 2018 9 January 2026 - Certificate from RTA per Regulation 74(5) for quarter ended December 31, 2025.](https://nsearchives.nseindia.com/corporate/RITEZONE_09012026123942_74_RZ.pdf) |
| 8 Jan - Certificate under Reg.74(5) confirming dematerialisation processing for quarter ended 31 December 2025. | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 8 Jan - Certificate under Reg.74(5) confirming dematerialisation processing for quarter ended 31 December 2025.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a5b5fd11-5703-46e9-851d-e8ff0aa0e526.pdf) |
| 8 Jan - Certificate under Reg. 74 (5) of SEBI (DP) Regualtions, 2018 for the quarter ended 31.12.2025 | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 8 Jan - Certificate under Reg. 74 (5) of SEBI (DP) Regualtions, 2018 for the quarter ended 31.12.2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/54deff2f-5f04-4e84-9236-a63755cb5f5f.pdf) |
| 6 Apr - Kahan Packaging states it is not a Large Corporate as of 31 March 2026. | [Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 6 Apr - Kahan Packaging states it is not a Large Corporate as of 31 March 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/576d196a-fb00-48eb-a4fe-ebd7de89bb20.pdf) |
| 6 Apr - Compliance Certificate under Reg 74 (5) of SEBI (DP) Regulations, 2018 for the quarter ended 31st March, 2026 | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 6 Apr - Compliance Certificate under Reg 74 (5) of SEBI (DP) Regulations, 2018 for the quarter ended 31st March, 2026](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ed8f5c80-32f6-43f2-a54d-775e8c413526.pdf) |
| 3 Nov 2025 - Board meeting on Nov 13, 2025 to approve H1 (ended Sep 30, 2025) unaudited results and RPTs; trading window closed Oct 1–Nov 15, 2025. | [Board Meeting Intimation for Considering And Approving Unaudited Financial Results For The Six Months And Half Year Ended 30Th September 2025 3 Nov 2025 - Board meeting on Nov 13, 2025 to approve H1 (ended Sep 30, 2025) unaudited results and RPTs; trading window closed Oct 1–Nov 15, 2025.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a2934ea6-c3b2-49b5-b9dc-ed8d2cebc7b5.pdf) |
| 25 Mar - Trading window closed from 1 April 2026 until 48 hours after audited results for year/half-year ended 31 Mar 2026. | [Closure of Trading Window 25 Mar - Trading window closed from 1 April 2026 until 48 hours after audited results for year/half-year ended 31 Mar 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/6629611c-8265-494c-8367-168cab166fc3.pdf) |
| 21 January 2026 - Submission of SDD Compliance Certificate for the Quarter ended on 31st December, 2025 | [Structural Digital Database 21 January 2026 - Submission of SDD Compliance Certificate for the Quarter ended on 31st December, 2025](https://nsearchives.nseindia.com/corporate/RITEZONE_21012026170944_SDD_Ritezone.pdf) |
| 13 November 2025 - Approved H1 results (Sep 30,2025): Revenue Rs1,175.09 lakh; Profit Rs17.75 lakh; limited review. | [Outcome of Board Meeting 13 November 2025 - Approved H1 results (Sep 30,2025): Revenue Rs1,175.09 lakh; Profit Rs17.75 lakh; limited review.](https://nsearchives.nseindia.com/corporate/RITEZONE_13112025212317_Outcome.pdf) |
| 13 Nov 2025 - Approved standalone unaudited H1 results ended 30-Sep-2025; revenue Rs1,499.14 lakh; PBT Rs76.15 lakh. | [Board Meeting Outcome for Considered And Approved Unaudited Fianncial Results For The Six Months And Half Year Ended 30.09.2025 13 Nov 2025 - Approved standalone unaudited H1 results ended 30-Sep-2025; revenue Rs1,499.14 lakh; PBT Rs76.15 lakh.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/6764e341-e391-4ca3-b0cb-851e7e0f826e.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Financial Year 2025 from nse](https://archives.nseindia.com/annual_reports/SME_AR_28376_RITEZONE_2024_2025_A_2341825_03092025222044.pdf) |
| from nse | [Financial Year 2024 from nse](https://archives.nseindia.com/annual_reports/SME_AR_26230_RITEZONE_2023_2024_10092024175633.pdf) |
| from nse | [Financial Year 2023 from nse](https://archives.nseindia.com/annual_reports/SME_AR_23458_RITEZONE_2022_2023_04092023220653_09052023070010.zip) |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/05c08f16-27e4-4d0d-b6f7-1da7ea2b5825.pdf) |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a7f8caa2-78a4-4bea-b7cd-0320452d0e27.pdf) |

---

Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T18:36:20.918Z.