📈 Live Market Tracking
Every NSE and BSE corporate filing, read and explained by AI within minutes — impact, key figures, short/long-term view and what to watch.
Live · AI analyzer runs every 5 min (07:00–23:55 IST)
Latest filing: 2026-09-28 13:33
0 analysed today
FollowTelegram
0
Today
149,939
All-time analysed
42,983
Positive
6,669
Negative
91,579
Neutral
8,640
Watch
📊 Last 7 days — analysed filings by sentiment
Note: These are AI-generated, educational summaries of public NSE
filings — grounded in each document, but not investment advice and possibly incomplete.
Verify against the original filing and consult a SEBI-registered adviser before acting.
2 announcements match the current filters (relevance ≥ 5).
Raj Packaging: GST Appellate Authority Rejects Appeals for FY23 and FY24 Tax Demands
Raj Packaging Industries announced that the Appellate Authority, GST, Telangana, has rejected its appeals on September 22, 2026, regarding tax demands raised for FY 2022-23 and FY 2023-24. The appeals were originally filed on July 19, 2025, challenging orders by the Assistant Commissioner (ST), Aghapura Circle under Section 107 of the CGST/TGST Act, 2017. The monetary quantum of the tax demand was not disclosed in the filing. The company plans to contest the rejection before higher appellate judicial forums.
Confidence: MEDIUM
What changedGST appeals for FY23 and FY24 were rejected by the appellate authority, upholding earlier demand orders.
Why it mattersDepending on the undisclosed demand value, adverse tax liabilities could impact cash flows and earnings for a company with annual PAT of ~₹1 Cr and net worth of ₹13 Cr.
Appeal rejection date: 22.09.2026Appeal filing date: 19.07.2025GST demand amount: not disclosedRelevant Financial Years: FY 2022-23 and FY 2023-24
📅 Short termNegative sentiment overhang as the rejection leaves the company with pending tax liabilities, pending further legal appeals.
📈 Long termThe outcome will depend on the final ruling at higher appellate forums and the scale of the financial penalty relative to the company's small balance sheet.
⚠ Risk flags
- Unquantified tax liability exposure
- Legal and litigation risks associated with further appeals
Key Highlights
Appeals filed on 19.07.2025 challenging GST demands for FY 2022-23 and FY 2023-24 have been rejected
Appellate Authority, GST, Telangana rejected both appeals on 22.09.2026 under Section 107 of the CGST/TGST Act, 2017
Demands were originally issued by Assistant Commissioner (ST), Aghapura Circle, Commercial Tax Departments, Hyderabad
Exact financial demand amount is not disclosed in the filing
👀 What to Watch
Track subsequent filings for quantification of the tax demand and legal filings before higher judicial authorities to assess the potential financial liability relative to its ₹14 Cr market cap.
Q1 PAT Jumps 560% YoY to ₹0.79 Cr; Revenue Grows 53%
Raj Packaging Industries reported a strong turnaround in Q1 FY27, with revenue from operations rising 53.4% YoY to ₹13.84 Cr. Net profit surged to ₹0.79 Cr, which is significantly higher than the ₹0.12 Cr reported in the same quarter last year and already exceeds the total profit for the entire FY26 (₹0.35 Cr). The board also approved a 23.8% increase in the monthly remuneration for the Whole-Time Director and appointed a new Company Secretary. The company's annualized EPS based on this quarter stands at ₹6.88, compared to the current TTM EPS of ₹0.76.
Confidence: HIGH
What changedThe company has delivered a sharp earnings surprise, with quarterly profits more than doubling its previous full-year performance, alongside a management pay revision.
Why it mattersFor a micro-cap company with a ₹14 Cr market cap, generating ₹0.79 Cr in quarterly profit is highly material, potentially leading to a significant valuation re-rating if the performance persists.
Q1 Revenue: ₹13.84 CrQ1 PAT: ₹0.79 CrQ1 PAT vs FY26 Total PAT: 225.7%YoY Revenue Growth: 53.4%WTD Salary Revision: ₹2.60 lakh/month
📅 Short termThe stock is likely to react positively to the substantial jump in both top-line and bottom-line figures.
📈 Long termIf the company maintains this quarterly run rate, it could transition from a marginal profit-maker to a consistently profitable entity, though raw material cost volatility remains a key factor.
⚠ Risk flags
- Small scale of operations (Micro-cap)
- High raw material dependency (75% of revenue)
- Concentrated promoter holding (36.2%)
Key Highlights
Revenue from operations increased to ₹13.84 Cr in Q1 FY27 from ₹9.02 Cr in Q1 FY26.
Net Profit (PAT) grew to ₹0.79 Cr, representing a 560% increase over the ₹0.12 Cr reported YoY.
Earnings Per Share (EPS) for the quarter rose to ₹1.72 from ₹0.26 in the previous year's corresponding quarter.
Managerial remuneration for Ms. Neepa Kankaria (WTD) increased from ₹2.10 lakh to ₹2.60 lakh per month.
The 39th Annual General Meeting (AGM) is scheduled for September 28, 2026.
👀 What to Watch
Investors should monitor the sustainability of this revenue growth in upcoming quarters and check for any specific volume or client additions mentioned during the AGM on September 28, 2026.
