# Packaging - Laminates — company-by-company sector analysis > Packaging - Laminates: Shree Rama Multi-Tech Ltd owns the largest revenue base AND the fastest current growth. Sector Alpha — machine-written from the numbers. Data as of 2026-08-16. Not investment advice. ## Bottom line Packaging - Laminates has underperformed NIFTY 500 by 1.2% over 52 weeks and 0.3% over 13 weeks. 0 of 1 covered companies beat NIFTY on Mansfield relative strength, while 0 of 1 beat the sector itself. Shree Rama Multi-Tech Ltd leads with revenue of ₹265 crore, based on 1 of 1 comparable companies through Jun 2026. ## Sector relative strength Packaging - Laminates has underperformed NIFTY 500 by 1.2% over the last 52 weeks. Over 13 weeks the gap is a lead of 0.3%. 0 of 1 covered company currently beat NIFTY on Mansfield relative strength, so leadership inside the sector is selective. Shree Rama Multi-Tech Ltd is the strongest against the sector itself at 0%. 13-week sector return versus NIFTY 500: 0.3% 52-week sector return versus NIFTY 500: -1.2% Stocks leading NIFTY: 0/1 Stocks leading sector: 0/1 Central tension: The central tension: current leadership is concentrated, so durability matters more than rank. Companies: 1 Combined market value: ₹585 Cr ## 4-Factor Sector Score An additive sector-relative research score. The four displayed point contributions always equal the total: Growth & earnings (35), Capital efficiency (25), Valuation (20), and Relative strength (20). Missing or stale evidence is absorbed inside the affected factor, never applied as a hidden adjustment. 1. Shree Rama Multi-Tech Ltd (SHREERAMA): 54/100 — Mixed-positive evidence; evidence 84% - Growth & earnings 17.3/35 | Capital efficiency 17.6/25 | Valuation 11.3/20 | Relative strength 7.5/20 - Price stage: TURNING — Ahead of the benchmark for one to four weeks, after a stretch of being behind. - Led NIFTY 500 by 5%+ over the prior 13 weeks in 0 of the last 12 weeks - Exact sum: 17.3 + 17.6 + 11.3 + 7.5 = 53.7 - Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. ## Market action Shree Rama Multi-Tech Ltd has the strongest one-year price move in Packaging - Laminates at +2.1%. It also leads on Mansfield relative strength against NIFTY at -16.6%. 0 of 1 covered company are above zero on that measure. Every line covers 313 weekly closes through 2026-08-14. ### Strongest one-year price performers 1. Shree Rama Multi-Tech Ltd (SHREERAMA): 2.1% ### Strongest relative strength versus NIFTY 500 1. Shree Rama Multi-Tech Ltd (SHREERAMA): -17% ## Revenue Scale & Growth Durability What the numbers say: Shree Rama Multi-Tech Ltd is the scale leader at ₹265 crore, Shree Rama Multi-Tech Ltd's growth is 20.3% from a ₹265 crore base, with 15 reported observations in the 20-quarter window. Treat the growth leader as an acceleration candidate, not as equally proven scale. Investor read: Shree Rama Multi-Tech Ltd is the scale benchmark; Shree Rama Multi-Tech Ltd is the acceleration watch. Promote the challenger only if growth persists and converts into margin and returns. This conclusion weakens if: Shree Rama Multi-Tech Ltd's growth falls below Shree Rama Multi-Tech Ltd's for two consecutive comparable reports while operating margin also compresses. Evidence: Shree Rama Multi-Tech Ltd · ₹265 crore | Not enough peers | 8/8 recent comparable periods | 1/1 companies · 15 observations Definition: Revenue is compared on a common reported-currency basis. Growth is year-on-year, so seasonality does not masquerade as progress. ### Revenue — largest 1. Shree Rama Multi-Tech Ltd (SHREERAMA): ₹265 Cr ### Revenue growth — fastest growers 1. Shree Rama Multi-Tech Ltd (SHREERAMA): 20% ### 20-quarter Revenue history - SHREERAMA: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 ₹49 Cr | Mar 2023 ₹47 Cr | Jun 2023 ₹44 Cr | Sep 2023 ₹44 Cr | Dec 2023 ₹43 Cr | Mar 2024 ₹47 Cr | Jun 2024 ₹43 Cr | Sep 2024 ₹53 Cr | Dec 2024 ₹53 Cr | Mar 2025 ₹59 Cr | Jun 2025 ₹55 Cr | Sep 2025 ₹62 Cr | Dec 2025 ₹60 Cr | Mar 2026 ₹62 Cr | Jun 2026 ₹81 Cr ### 20-quarter Revenue growth history - SHREERAMA: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 — | Sep 2023 — | Dec 2023 -11% | Mar 2024 -0.9% | Jun 2024 -2.0% | Sep 2024 21% | Dec 2024 22% | Mar 2025 27% | Jun 2025 29% | Sep 2025 17% | Dec 2025 13% | Mar 2026 5.6% | Jun 2026 45% ## Operating Economics & Margin Trend What the numbers say: Shree Rama Multi-Tech Ltd leads both opm at 16.7% and margin change at -3.4 percentage points. Investor read: Shree Rama Multi-Tech Ltd sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it. This conclusion weakens if: The next two comparable reports reverse the current margin change signal. Evidence: Shree Rama Multi-Tech Ltd · 16.7% | Not enough peers | 6/8 recent comparable periods | 1/1 companies · 20 observations Definition: Operating margin compares operating profit with revenue. Improvement is measured in percentage points, not percentage growth. ### OPM — highest 1. Shree Rama Multi-Tech Ltd (SHREERAMA): 17% ### Margin change — fastest expanders 1. Shree Rama Multi-Tech Ltd (SHREERAMA): −3.4 pp ### 20-quarter OPM history - SHREERAMA: Sep 2021 -3.6% | Dec 2021 2.4% | Mar 2022 1.4% | Jun 2022 6.4% | Sep 2022 4.0% | Dec 2022 7.9% | Mar 2023 12% | Jun 2023 7.1% | Sep 2023 8.7% | Dec 2023 8.3% | Mar 2024 9.9% | Jun 2024 12% | Sep 2024 14% | Dec 2024 14% | Mar 2025 18% | Jun 2025 20% | Sep 2025 17% | Dec 2025 17% | Mar 2026 14% | Jun 2026 17% ### 20-quarter Margin change history - SHREERAMA: Sep 2021 −13.2 pp | Dec 2021 −8.8 pp | Mar 2022 −4.3 pp | Jun 2022 +1.3 pp | Sep 2022 +7.6 pp | Dec 2022 +5.5 pp | Mar 2023 +10.3 pp | Jun 2023 +0.8 pp | Sep 2023 +4.7 pp | Dec 2023 +0.4 pp | Mar 2024 −1.9 pp | Jun 2024 +5.3 pp | Sep 2024 +5.2 pp | Dec 2024 +6.1 pp | Mar 2025 +8.4 pp | Jun 2025 +7.7 pp | Sep 2025 +3.1 pp | Dec 2025 +2.2 pp | Mar 2026 −4.0 pp | Jun 2026 −3.4 pp ## Profit Scale & Acceleration What the numbers say: Shree Rama Multi-Tech Ltd leads with ₹26 crore of TTM profit, Shree Rama Multi-Tech Ltd shows -53.3% growth from a ₹25 crore profit base. Compare the size of the base and persistence before ranking acceleration above profit scale. Investor read: Shree Rama Multi-Tech Ltd sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it. This conclusion weakens if: The next two comparable reports reverse the current profit growth signal. Evidence: Shree Rama Multi-Tech Ltd · ₹26 crore | Not enough peers | 7/8 recent comparable periods | 1/1 companies · 15 observations Definition: Net profit is the residual after operating costs, interest and tax. Growth off a loss or near-zero base is excluded from the fastest-grower rank. ### Net profit — largest 1. Shree Rama Multi-Tech Ltd (SHREERAMA): ₹26 Cr ### Profit growth — fastest growers 1. Shree Rama Multi-Tech Ltd (SHREERAMA): -53% ### 20-quarter Net profit history - SHREERAMA: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 ₹-0 Cr | Mar 2023 ₹4 Cr | Jun 2023 ₹2 Cr | Sep 2023 ₹3 Cr | Dec 2023 ₹2 Cr | Mar 2024 ₹3 Cr | Jun 2024 ₹4 Cr | Sep 2024 ₹5 Cr | Dec 2024 ₹5 Cr | Mar 2025 ₹37 Cr | Jun 2025 ₹7 Cr | Sep 2025 ₹7 Cr | Dec 2025 ₹6 Cr | Mar 2026 ₹5 Cr | Jun 2026 ₹8 Cr ### 20-quarter Profit growth history - SHREERAMA: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 — | Sep 2023 — | Dec 2023 — | Mar 2024 -11% | Jun 2024 115% | Sep 2024 107% | Dec 2024 149% | Mar 2025 993% | Jun 2025 75% | Sep 2025 36% | Dec 2025 5.1% | Mar 2026 -87% | Jun 2026 9.7% ## Return On Capital Employed What the numbers say: Shree Rama Multi-Tech Ltd leads ROCE at 17.7%. Shree Rama Multi-Tech Ltd has the strongest latest improvement at +3 percentage points. Read the leader beside the density of its reported history: a sparse high return is a candidate; a repeated high return is evidence of durability. Investor read: Shree Rama Multi-Tech Ltd sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it. This conclusion weakens if: The next two comparable reports reverse the current roce change signal. Evidence: Shree Rama Multi-Tech Ltd · 17.7% | Not enough peers | Not enough history | 1/1 companies · 0 observations Definition: ROCE asks how much operating return the business earns on the capital employed. Direction matters, but a single exceptional year should not be mistaken for durability. ### ROCE — highest 1. Shree Rama Multi-Tech Ltd (SHREERAMA): 18% ### ROCE change — fastest improvers 1. Shree Rama Multi-Tech Ltd (SHREERAMA): +3.0 pp ### 20-quarter ROCE history ### 20-quarter ROCE change history ## Valuation Against Growth & Quality What the numbers say: There is not enough comparable evidence to name a reliable peg leader. Investor read: Treat valuation as permission to investigate, never as a standalone reason to buy. This conclusion weakens if: The next two comparable reports reverse the current p/e signal. Evidence: No comparable leader | Not enough peers | Not enough history | 0/1 companies · 0 observations Definition: PEG is shown only when earnings are positive and three-year EPS growth is between 5% and 60%. It is recomputed consistently as the trailing P/E divided by that growth rate — reported earnings, never an expected-earnings multiple. On Indian companies it is shown only where the two data feeds agreed. Where any of that fails the ratio is left out rather than printed: a P/E divided by a loss, or by growth measured off a tiny base, is a number that looks precise and means nothing. ### PEG — lowest PEG ### P/E — lowest P/E 1. Shree Rama Multi-Tech Ltd (SHREERAMA): 22.9 ### 20-quarter PEG history ### 20-quarter P/E history - SHREERAMA: Sep 2021 40.7 | Dec 2021 44.7 | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 40.5 | Sep 2023 48.5 | Dec 2023 49.1 | Mar 2024 30.2 | Jun 2024 36.6 | Sep 2024 29.4 | Dec 2024 41.7 | Mar 2025 23.5 | Jun 2025 10.8 | Sep 2025 14.3 | Dec 2025 14.8 | Mar 2026 11.7 | Jun 2026 22.8 ## What can make this comparison misleading? - A high growth rate can be a low-base artefact. The page keeps level and change separate for that reason. - A high ROCE can be temporary or flattered by a small capital base. Read it beside margin, cash conversion and reinvestment. - The 4-Factor Sector Score ranks research priority, not portfolio action. Management quality, catalysts and risks need equally fresh evidence before capital is deployed. - An “all companies” line chart preserves completeness, but rank changes should be checked against reporting dates before drawing a conclusion. - Thin comparisons: Valuation have fewer than three usable current readings. ## Every company - Shree Rama Multi-Tech Ltd (SHREERAMA) — market value ₹585 Cr; latest fundamentals Jun 2026 ## Source standing of each company Cross-checked: 0. Unverified: 1. Withheld: 0. Graded companies: 1. Every company's second-feed figures reconcile against the primary source on overlapping reported periods, so nothing here is unverified or withheld. ## Methodology and freshness Fundamentals through Jun 2026; prices through 2026-08-14. Up to 20 quarters per company. Reported history is normalized to Indian rupees crore. Missing values are not interpolated. Derived metrics are calculated only when their inputs are comparable. ## Frequently asked questions ### Is the Packaging - Laminates sector outperforming NIFTY 500? Packaging - Laminates has underperformed NIFTY 500 by 1.2% over 52 weeks and 0.3% over 13 weeks. 0 of 1 covered companies beat NIFTY on Mansfield relative strength, while 0 of 1 beat the sector itself. ### Which Packaging - Laminates company is largest by revenue? Shree Rama Multi-Tech Ltd leads with revenue of ₹265 crore, based on 1 of 1 comparable companies through Jun 2026. ### Which Packaging - Laminates company is growing fastest? Shree Rama Multi-Tech Ltd has the fastest current revenue growth at 20.3%, across 1 of 1 comparable companies. ### Which Packaging - Laminates company has the strongest 4-Factor Sector Score? Shree Rama Multi-Tech Ltd ranks first at 53.7/100 with 84% evidence confidence. The score prioritizes research; it is not a buy recommendation. ### How much history does this Packaging - Laminates comparison include? The page compares up to 20 reported quarters per company for fundamentals, returns and valuation, ending Jun 2026. Missing observations remain blank rather than being estimated. ### How is the 4-Factor Sector Score calculated? The four visible contributions add directly: growth and earnings up to 35 points, capital efficiency up to 25, valuation up to 20, and relative strength up to 20. Missing or stale evidence moves only the affected contribution toward neutral. ### Is there a Nifty Packaging - Laminates index? NSE India maintains Nifty indices for several broad sector categories — Nifty Bank, Nifty IT, Nifty Pharma and others — but not for every sub-sector grouping on this site. Whether or not an official Nifty index covers Packaging - Laminates, this page builds its own equal-weight basket of 1 listed Packaging - Laminates companies — one company, one vote, regardless of market value — so no single large company dominates the reading. Figures are as of Jun 2026. ### Which are the best Packaging - Laminates stocks in India? Ranked by this page's four-factor score, Shree Rama Multi-Tech Ltd places first among 1 listed Packaging - Laminates companies. That is a ranking of published data — earnings, quality, valuation and market behaviour as of Jun 2026 — and not a recommendation; Sector Alpha is not registered with SEBI as an investment adviser. ### How many Packaging - Laminates stocks are listed in India? This comparison covers 1 listed Packaging - Laminates companies in India, each above the size floor the site applies, with 20 quarters of reported figures per company where the filings exist. The full ranked list is on this page, as of Jun 2026. ### Which Packaging - Laminates company is the biggest? Shree Rama Multi-Tech Ltd is the largest, with trailing-twelve-month revenue of ₹265 crore. That covers 1 of 1 companies with comparable reporting through Jun 2026. ### Which Packaging - Laminates company has the best profit margins? Shree Rama Multi-Tech Ltd has the highest operating margin at 16.7%, from 1 of 1 comparable companies. Shree Rama Multi-Tech Ltd shows the biggest recent improvement, at -3.4 percentage points. A high margin matters most when it is holding or rising, not when it is peaking. ### Which Packaging - Laminates company makes the most profit? Shree Rama Multi-Tech Ltd earns the most, at ₹26 crore of trailing-twelve-month net profit, from 1 of 1 comparable companies. Shree Rama Multi-Tech Ltd has the fastest profit growth at -53.3%, though growth off a small or recovering profit base overstates how much has actually changed. ### Which Packaging - Laminates company earns the highest return on capital? Shree Rama Multi-Tech Ltd leads on return on capital employed at 17.7%, across 1 of 1 companies. Read it beside the length of its reported history: a high return that repeats for years is evidence of a durable business, while a single high reading can be a small capital base or one good year. ### Is the Packaging - Laminates sector beating the market? Packaging - Laminates has underperformed NIFTY 500 by 1.2% over the last 52 weeks and 0.3% over 13 weeks, measured on an equal-weight index of its current members. Inside the sector, 0 of 1 covered companies are beating the market on their own. Sector strength does not transfer evenly to every stock in it. ### Which Packaging - Laminates stock has the strongest price momentum? Shree Rama Multi-Tech Ltd has the strongest relative strength against NIFTY 500. Relative strength answers last, after growth, quality and valuation: price can move well before the fundamentals confirm it, and sometimes without them confirming at all. ### Which Packaging - Laminates company scores highest for research priority? Shree Rama Multi-Tech Ltd scores 53.7 out of 100 with 84% evidence confidence, from 17.3 points on growth and earnings, 17.6 on capital efficiency, 11.3 on valuation and 7.5 on relative strength. This ranks what deserves work next. It is not a buy recommendation, and management quality, catalysts and risk still need separate research. ### How many Packaging - Laminates companies does this comparison cover, and over what period? It compares 1 listed companies over up to 20 reported quarters of fundamentals, ending Jun 2026, plus weekly price and relative-strength history. Membership is the full sector list — nothing is dropped for having thin data. ### What is the total market cap of the Packaging - Laminates sector? The 1 Packaging - Laminates companies on this page carry ₹585 crore of combined market value. Shree Rama Multi-Tech Ltd is the largest at ₹585 crore, about 100% of the sector's total on its own. Market value moves with price, so this reading is dated 2026-08-16. ### How is the Packaging - Laminates sector performing? 0 of the 1 covered Packaging - Laminates companies are beating NIFTY 500 on Mansfield relative strength. The sector itself is 1.2% behind NIFTY 500 over 52 weeks on an equal-weight index of its current members. Readings are as of 2026-08-16. ### Why are some values on this page blank? A blank means that company did not report a comparable figure for that period, so nothing is shown. Missing observations are never interpolated, carried forward, or replaced with a similar-looking accounting line, and a company with missing evidence has its research score pulled toward neutral rather than being scored as bad. ### Is this investment advice? No. Every figure here is a deterministic calculation from reported company filings and market data, published for research. It contains no recommendation to buy or sell any security, does not account for your circumstances, and is not a substitute for advice from a licensed adviser.