About Shree Rama Multi-Tech Limited

Shree Rama Multi-Tech Limited is a public limited company domiciled in India, engaged in providing innovative packaging solutions for domestic and international markets. Incorporated under the Companies Act, 1956, the Company has its registered office and factory at Block No. 1557, Village Moti Bhoyan, Kalol–Khatraj Road, Taluka Kalol, Gandhinagar, Gujarat – 382721. Its equity shares are listed on both the Bombay Stock Exchange (BSE) and the National Stock Exchange of India Limited (NSE). The Company operates with ISO 9001:2015, ISO 15378:2017 (GMP), and DMF Type III certifications, demonstrating compliance with global quality and Good Manufacturing Practices standards relevant to regulated packaging applications.

Shree Rama Multi-Tech’s product portfolio includes laminated tubes, monolayer tubs, tube laminates, and flexible laminates, with laminated tubes forming its core business line. These products are primarily used in the packaging of products in paste, gel, or semi-liquid form, catering to industries such as personal care, pharmaceuticals, and fast-moving consumer goods (FMCG). The product mix allows the Company to serve a wide range of packaging needs while maintaining focus on innovation, cost efficiency, and sustainable manufacturing.

As at March 31, 2025, the Company had one wholly owned subsidiary, while its holding company was Nirma Chemical Works Private Limited. The Group’s operations are based entirely in India, and all non‑current assets are located domestically. However, it continues to serve customers across both domestic and export markets through a robust distribution and customer network. The consolidated financial statements were approved by the Board of Directors on May 14, 2025.

Key Milestones of Shree Rama Multi-Tech Limited

• Incorporation as a leading flexible packaging and laminated tube manufacturer in Gujarat with operations at Kalol, near Ahmedabad.
• Listing on both BSE and NSE, enabling wider market visibility and enhanced regulatory oversight.
• Achievement of internationally recognised certifications — ISO 9001:2015, ISO 15378:2017 (GMP), and DMF Type III — in alignment with packaging requirements for regulated industries.
• Consistent growth in domestic and export markets supported by continued manufacturing investments and customer diversification.
• Expansion of CAPEX and operational capacity through backward integration initiatives in FY 2024–25, enhancing competitiveness and product margins.

Shree Rama Multi-Tech Limited Business Verticals and Geographic Presence

Product Verticals:

• Laminated Tubes: The Company’s flagship product, used extensively for packing toothpaste, gels, creams, cosmetics, and pharmaceutical formulations.
• Monolayer Tubs: Used for packaging semi-solid and gel products in consumer and industrial categories.
• Tubing and Flexible Laminates: Custom laminates serving industries requiring flexible yet durable packaging structures.
• Speciality Packaging & Plastic Products: Developed for customised industrial and high-performance applications, ensuring a diversified product base.

Geographical Presence:

• Domestic Market: Strong presence across India, leveraging relationships with leading FMCG and pharmaceutical manufacturers.
• International Market: Actively serves export customers across Asia, Europe, Africa, and the Americas, with 38% year‑on‑year export growth recorded in FY 2024–25.
• Assets Footprint: All factories and fixed assets are located in India, with no non‑current holdings outside the country.

Shree Rama Multi-Tech Limited Key Management

• Mittal K. Patel – Chairman
• Shailesh Desai – Managing Director
• Hemal R. Shah – Whole Time Director
• Hemant Shah – Chief Financial Officer
• Mirtunjay S. Mishra – Company Secretary & Compliance Officer

Latest Updates on Shree Rama Multi-Tech Limited

• Demand momentum: During FY 2024–25, the Company achieved turnover growth of 16.96% compared to the previous year, with domestic sales increasing by 11.26% and export sales rising sharply by 38.14%, driven by strong global demand and client acquisitions.
• Capacity and integration: Capital expenditure of Rs 25.44 crore was incurred to enhance backward integration and manufacturing capacity, resulting in improved cost structures and profit margins. Enhanced export order bookings supported sustained margin expansion.
• Customer concentration: One customer accounted for more than 10% of total revenues in FY 2024–25, while two customers together constituted over 10% of total receivables as on March 31, 2025—reflective of a concentrated yet stable client profile.
• Corporate structure: Nirma Chemical Works Private Limited continues as the holding company; Shree Rama Multi-Tech Limited has one wholly owned subsidiary, currently defunct, with no associates or joint ventures under Section 2(6) of the Companies Act, 2013.
• Quality and compliance: Continued maintenance of ISO 9001:2015, ISO 15378:2017 (GMP), and DMF Type III certifications was reaffirmed, indicating alignment of production standards with global quality norms and GMP for pharmaceutical packaging.