IPAK International Packaging Films Limited
Latest results: FY2026 · Jun 2026
Last close · 16 Oct 2026
Rs 31.72 -5.57%
Annual · FY2022 – FY2026
International Packaging Films Limited (IPAK) financial ratios
International Packaging Films Limited earned a net margin of 11.7% in FY2026 against a five-year average of 6.3% (Paper, Board & Packaging median 3.6%). Return on equity was 30.9%, compared with a sector median of 5.5%. The current ratio stood at 1.17× and debt was 65.5% of equity. Cash took about 81 days to cycle through receivables, inventory and payables.
FY2026 vs the Paper, Board & Packaging median
- Gross margin
- 22.1%
- Sector median 14.1%
- Operating margin
- 18.7%
- Sector median 9.6%
- Net margin
- 11.7%
- Sector median 3.6%
- Return on equity (ROE)
- 30.9%
- Sector median 5.5%
- Return on assets (ROA)
- 10.9%
- Sector median 2.5%
- Current ratio
- 1.17×
- Sector median 1.50×
- Debt to equity
- 65.5%
- Sector median 43.0%
- Asset turnover
- 0.93×
- Sector median 0.87×
- Dividend payout ratio
- 8.9%
- Sector median 22.6%
Median of the 12 companies in the sector with the figure for their latest fiscal year.
| Rs mn | FY2026 Jul 2025 – Jun 2026 | FY2025 * Jul 2024 – Jun 2025 | FY2024 Jul 2023 – Jun 2024 | FY2023 Jul 2022 – Jun 2023 | FY2022 Jul 2021 – Jun 2022 |
|---|---|---|---|---|---|
| Profitability | |||||
| Gross margin | 22.1% | 14.4% | 20.3% | 27.4% | 19.2% |
| EBITDA margin | 21.9% | 14.9% | 20.4% | 24.8% | 18.5% |
| Operating margin | 18.7% | 11.6% | 17.6% | 22.6% | 15.8% |
| Pre-tax margin | 14.9% | 4.7% | 8.6% | 16.0% | 11.4% |
| Net margin | 11.7% | 1.9% | (2.5%) | 9.5% | 10.9% |
| Effective tax rate | 21.1% | 58.6% | 129.0% | 40.7% | 3.9% |
| Returns | |||||
| Return on equity (ROE) | 30.9% | 9.0% | 0.7% | 19.5% | — |
| Return on assets (ROA) | 10.9% | 1.6% | (1.6%) | 8.0% | — |
| Return on invested capital (ROIC) | 19.1% | 7.2% | (1.7%) | 14.5% | — |
| Liquidity | |||||
| Current ratio | 1.17× | 0.85× | 0.70× | 0.99× | 1.37× |
| Quick ratio | 0.71× | 0.56× | 0.43× | 0.56× | 0.82× |
| Leverage | |||||
| Debt to equity | 65.5% | 89.9% | 62.9% | 40.2% | 34.7% |
| Debt to capital | 39.6% | 47.3% | 38.6% | 28.7% | 25.7% |
| Debt to assets | 29.3% | 33.9% | 24.4% | 20.4% | 19.8% |
| Assets to equity | 2.42× | 2.61× | 2.27× | 1.89× | — |
| Efficiency | |||||
| Asset turnover | 0.93× | 0.82× | 0.64× | 0.84× | — |
| Receivable days days | 91 | 91 | 92 | 71 | — |
| Inventory days days | 75 | 66 | 84 | 77 | — |
| Payable days days | 85 | 103 | 125 | 75 | — |
| Cash conversion cycle days | 81 | 54 | 50 | 72 | — |
| Dividends | |||||
| Dividend payout ratio | 8.9% | 0.0% | 0.0% | 0.0% | 0.0% |
| Earnings retention rate | 0.91× | 1.00× | 1.00× | 1.00× | 1.00× |
Ratios as reported for each fiscal year; returns are on average equity / assets. Debt ratios are percentages; turnover in times; working-capital measures in days.
IPAK: frequently asked questions
What is IPAK's EPS?
International Packaging Films Limited reported basic earnings per share of Rs 6.73 for FY2026 (Jul 2025 – Jun 2026).
What is IPAK's P/E ratio?
At the closing price of Rs 31.72 on 16 Oct 2026, IPAK trades at a P/E of 4.7× based on EPS of Rs 6.73 (FY2026).
Does IPAK pay dividends?
Yes. International Packaging Films Limited declared a dividend of Rs 2.00 per share for FY2026. It has paid a dividend in each of the last 2 years. At Rs 31.72 that is a dividend yield of 6.3%.
What was IPAK's revenue and profit in FY2026?
International Packaging Films Limited reported revenue of Rs 42.2 bn and profit attributable to shareholders of Rs 5.0 bn for FY2026 (Jul 2025 – Jun 2026).
What is IPAK's book value per share?
International Packaging Films Limited's book value per share was Rs 24.67 at the end of FY2026. The shares trade at 1.29× book value.
Information only, not investment advice.