About
Gujarat Craft Industries Limited manufactures, imports, and exports plastic packing materials in India and internationally. The company offers tarpaulins, waterproof tarpaulins, FIBC bags, woven sacks, jumbo bags, HDPE pipes, packaging FIBC bags, vermi beds, PP woven sacks, pond liners, HDPE geomembranes, PP bags, woven fabric rolls, HDPE tarpaulins, blue tarpaulin sheets, BOPP bags, truck tarpaulins, jumbo asbestos bags, tarpaulin covers, PP super sacks, agricultural pond liners, plastic granules, HDPE geomembrane liner sheets, jumbo bags, waterproofing membranes, baffle bags, woven fabrics, and geosynthetics. It also provides geomembrane sheets, monsoon sheds, OFDA tarpaulins, laminated tarpaulins, lay flat tubing products, waist bags, HDPE bags, agricultural HDPE pipes, LDPE liner bags, BOPP laminated bags, laminated woven sacks, fertilizer bags, truck covers, and PP sugar bags. In addition, the company offers after-sales services. It serves the agriculture, fertilizer, cement, and food grain industries. The company was incorporated in 1984 and is headquartered in Gandhinagar, India.
Key Metrics
as of Sep 2026Market Cap47 Cr
P/E45.60
Div Yield0.52 %
Book Value₹131.00
52w High₹147.00
52w Low₹89.10
Face Value₹10.00
Quarterly Results
Rs. Crores · hover row for definition| Metric | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 43.89 | 42.42 | 49.60 | 44.49 | 47.54 | 63.11 | 53.00 | 47.51 | 39.27 | 53.62 | 45.54 | 39.29 | 37.10 |
| Expenses | 41.24 | 39.60 | 46.21 | 41.06 | 44.20 | 59.32 | 49.61 | 44.48 | 36.74 | 50.58 | 42.95 | 36.02 | 35.01 |
| Operating Profit | 2.65 | 2.82 | 3.39 | 3.43 | 3.34 | 3.79 | 3.39 | 3.03 | 2.53 | 3.04 | 2.59 | 3.27 | 2.09 |
| OPM % | 6.04 | 6.65 | 6.83 | 7.71 | 7.03 | 6.01 | 6.40 | 6.38 | 6.44 | 5.67 | 5.69 | 8.32 | 5.63 |
| Other Income | 0.60 | 0.11 | -0.45 | 0.04 | 0.06 | 0.07 | 0.05 | -0.09 | 0.34 | 0.09 | 0.12 | 0.07 | 0.08 |
| Depreciation | 1.61 | 1.45 | 1.46 | 1.40 | 1.29 | 1.26 | 1.19 | 1.11 | 1.02 | 0.95 | 0.96 | 1.07 | 0.54 |
| Interest | 1.56 | 1.57 | 1.42 | 1.40 | 1.45 | 1.49 | 1.22 | 1.23 | 1.08 | 1.10 | 1.04 | 0.93 | 0.62 |
| Profit before tax | 0.08 | -0.09 | 0.06 | 0.67 | 0.66 | 1.11 | 1.03 | 0.60 | 0.77 | 1.08 | 0.71 | 1.34 | 1.01 |
| Tax % | 25.00 | -55.56 | 16.67 | 20.90 | 36.36 | 26.13 | 25.24 | 15.00 | 23.38 | 29.63 | 28.17 | 25.37 | 25.74 |
| Net Profit | 0.06 | -0.04 | 0.05 | 0.53 | 0.42 | 0.82 | 0.77 | 0.51 | 0.59 | 0.76 | 0.50 | 1.00 | 0.76 |
| EPS in Rs | 0.12 | -0.08 | 0.10 | 1.08 | 0.86 | 1.68 | 1.58 | 1.04 | 1.21 | 1.55 | 1.02 | 2.05 | 1.55 |
Profit & Loss
Annual · Rs. Crores| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 184.00 | 203.00 | 176.00 | 164.00 | 171.00 | 148.00 | 143.00 | 140.00 | 130.00 | 97.00 | 115.00 | 91.00 |
| Expenses | 171.00 | 190.00 | 165.00 | 155.00 | 157.00 | 139.00 | 135.00 | 132.00 | 122.00 | 91.00 | 108.00 | 85.00 |
| Operating Profit | 13.00 | 13.00 | 11.00 | 9.00 | 14.00 | 9.00 | 8.00 | 8.00 | 8.00 | 7.00 | 8.00 | 5.00 |
| OPM % | 7.00 | 6.00 | 6.00 | 6.00 | 8.00 | 6.00 | 6.00 | 5.00 | 6.00 | 7.00 | 7.00 | 6.00 |
| Other Income | 0.00 | 0.00 | 0.00 | 0.00 | 1.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.00 | 0.00 | 1.00 |
| Interest | 6.00 | 5.00 | 4.00 | 3.00 | 2.00 | 2.00 | 3.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 |
| Depreciation | 6.00 | 5.00 | 4.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 |
| Profit before tax | 1.00 | 4.00 | 4.00 | 5.00 | 10.00 | 5.00 | 3.00 | 2.00 | 2.00 | 2.00 | 2.00 | 1.00 |
| Tax % | 26.00 | 23.00 | 27.00 | 24.00 | 26.00 | 25.00 | 23.00 | 28.00 | 12.00 | 27.00 | 35.00 | 41.00 |
| Net Profit | 1.00 | 3.00 | 3.00 | 3.00 | 8.00 | 4.00 | 2.00 | 1.00 | 2.00 | 1.00 | 1.00 | 1.00 |
| EPS in Rs | 1.98 | 5.50 | 6.20 | 7.10 | 15.51 | 7.24 | 4.40 | 2.52 | 3.50 | 2.50 | 2.74 | 1.72 |
| Dividend Payout % | 25.00 | 18.00 | 16.00 | 14.00 | 6.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Balance Sheet
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 |
| Reserves | 59.00 | 59.00 | 55.00 | 53.00 | 50.00 | 36.00 | 33.00 | 30.00 | 29.00 | 27.00 | 11.00 | 10.00 |
| Borrowings | 72.00 | 60.00 | 50.00 | 33.00 | 36.00 | 34.00 | 28.00 | 33.00 | 39.00 | 36.00 | 40.00 | 49.00 |
| Other Liabilities | 28.00 | 35.00 | 29.00 | 21.00 | 18.00 | 18.00 | 24.00 | 30.00 | 31.00 | 33.00 | 25.00 | 23.00 |
| Total Liabilities | 164.00 | 158.00 | 139.00 | 111.00 | 109.00 | 94.00 | 90.00 | 99.00 | 104.00 | 101.00 | 80.00 | 87.00 |
| Fixed Assets | 62.00 | 63.00 | 58.00 | 47.00 | 49.00 | 38.00 | 36.00 | 37.00 | 37.00 | 39.00 | 21.00 | 23.00 |
| CWIP | 12.00 | 0.00 | 1.00 | 1.00 | 0.00 | 2.00 | 1.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Assets | 91.00 | 95.00 | 80.00 | 63.00 | 61.00 | 53.00 | 53.00 | 62.00 | 66.00 | 63.00 | 59.00 | 65.00 |
| Total Assets | 164.00 | 158.00 | 139.00 | 111.00 | 109.00 | 94.00 | 90.00 | 99.00 | 104.00 | 101.00 | 80.00 | 87.00 |
Cash Flows
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 8.00 | 6.00 | 0.00 | 9.00 | 4.00 | 2.00 | 10.00 | 11.00 | 2.00 | 7.00 | 15.00 | 0.00 |
| Cash from Investing Activity | -11.00 | -8.00 | -7.00 | -2.00 | -4.00 | -6.00 | -1.00 | -1.00 | 0.00 | -1.00 | 0.00 | 0.00 |
| Cash from Financing Activity | 4.00 | 1.00 | 6.00 | -7.00 | 0.00 | 4.00 | -9.00 | -9.00 | -2.00 | -6.00 | -15.00 | 0.00 |
| Net Cash Flow | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -1.00 | 0.00 | 0.00 | 0.00 |
| Free Cash Flow | -5.00 | 0.00 | -8.00 | 7.00 | 1.00 | -4.00 | 9.00 | 9.00 | 1.00 | 6.00 | 15.00 | -1.00 |
| CFO/OP % | 67.00 | 52.00 | 10.00 | 117.00 | 46.00 | 43.00 | 132.00 | 150.00 | 31.00 | 113.00 | 203.00 | 15.00 |
Ratios
Annual · Days / % — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 42.00 | 50.00 | 53.00 | 46.00 | 51.00 | 56.00 | 66.00 | 70.00 | 84.00 | 122.00 | 103.00 | 112.00 |
| Inventory Days | 177.00 | 142.00 | 136.00 | 103.00 | 96.00 | 95.00 | 74.00 | 95.00 | 94.00 | 113.00 | 71.00 | 157.00 |
| Days Payable | 55.00 | 68.00 | 56.00 | 31.00 | 24.00 | 37.00 | 54.00 | 74.00 | 83.00 | 105.00 | 78.00 | 96.00 |
| Cash Conversion Cycle | 163.00 | 125.00 | 133.00 | 118.00 | 123.00 | 114.00 | 86.00 | 92.00 | 94.00 | 130.00 | 97.00 | 174.00 |
| Working Capital Days | 45.00 | 42.00 | 50.00 | 62.00 | 57.00 | 47.00 | 41.00 | 40.00 | 49.00 | 59.00 | 50.00 | 95.00 |
| ROCE % | 6.00 | 7.00 | 8.00 | 8.00 | 15.00 | 10.00 | 9.00 | 8.00 | 9.00 | 9.00 | 11.00 | 8.00 |
Corporate Actions
4 records| Action | Ex Date | Record Date | Ratio | Amount (₹) | Notes |
|---|---|---|---|---|---|
| Dividend | 22 Sep 2025 | 22 Sep 2025 | — | 1.00 | |
| Dividend | 17 Sep 2024 | — | — | 1.00 | |
| Dividend | 08 Sep 2023 | — | — | 1.00 | |
| Dividend | 14 Sep 2022 | — | — | 1.00 |
Announcements
5 filingsShareholding Pattern
Open on BSEFinancial Results — Filings
Open on BSEBoard Filings
Open on BSEAnnual Reports
Credit Ratings
-
Rating update19 Nov 2025 from smera
-
Rating update21 Aug 2024 from smera
-
Rating update5 Jun 2024 from smera
-
Rating update4 Mar 2024 from smera
-
Rating update29 Jan 2024 from smera
-
Rating update16 Mar 2020 from smera