Is Gujarat Raffia Industries the Best Stock in Its Sector? A Look at the Numbers
- September 28, 2026
- Posted by: Neeraj Pandey
- Category: Market
Gujarat Raffia Industries CMP Rs 41 (28 Sep 2026). Market cap Rs 21 Cr. ROE 4.71%. P/E 18.03x versus Industry P/E 30.20x.
Quick Answer
Gujarat Raffia Industries is one of the names investors compare when screening the Plastic Products sector, built on a 4.71% return on equity and a P/E of 18.03x against an Industry P/E of 30.20x. Whether Gujarat Raffia Industries is the best stock in its sector depends on whether an investor is optimising for return ratios, valuation, or both. This article breaks down the metrics, including a comparison against named Plastic Products sector peers, so you can judge that for yourself.
Is Gujarat Raffia Industries the best stock in its sector? The stock trades on the NSE at Rs 41 as of 28 September 2026, within its 52-week range of Rs 35.10 to Rs 88.00. Gujarat Raffia Industries Ltd manufactures woven polypropylene and HDPE fabrics and sacks.
Gujarat Raffia Industries sits in the Plastic Products sector, and its 4.71% ROE and 18.03x P/E give a starting point for judging where it stands against comparable listed names. The rest of this article compares those numbers against verified peers and the sector’s Industry P/E benchmark.
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About Gujarat Raffia Industries
Gujarat Raffia Industries Ltd manufactures woven polypropylene and HDPE fabrics and sacks. It operates at a very small scale, and the stock is trading close to its 52-week low after a sharp pullback over the past year. At a market capitalisation of Rs 21 Cr, it is tracked as part of the Plastic Products sector on Univest.
Is Gujarat Raffia Industries the Best Stock in Its Sector?
Gujarat Raffia Industries makes its case as the best stock in its sector primarily on valuation relative to its Industry P/E, combining a 4.71% ROE with a 18.03x P/E against the sector’s 30.20x Industry P/E. Gujarat Raffia Industries’ 18.03x P/E is below the 30.20x Industry P/E, but its 4.71% ROE is modest and its micro-cap size means the discount should be read with caution.
| Metric | Gujarat Raffia Industries |
|---|---|
| CMP (NSE) | Rs 40.69 |
| 52-Week High / Low | Rs 88.00 / Rs 35.10 |
| Market Cap | Rs 21 Cr |
| P/E (TTM) vs Industry P/E | 18.03x vs 30.20x |
| P/B | 0.96 |
| ROE | 4.71% |
| EPS (TTM) | Rs 2.18 |
| Dividend Yield | 0.00% |
| Debt to Equity | 0.08 |
Compare Gujarat Raffia Industries Against Other Plastic Products Sector Stocks
How Gujarat Raffia Industries Compares Against Its Plastic Products Sector Peers
The table below sets Gujarat Raffia Industries against 2 other Plastic Products sector names, using the same live data source for every company. A peer average row is included for P/E, ROE and debt to equity, calculated across the 2 peer companies.
| Company | Market Cap (Rs Cr) | P/E | ROE | Debt to Equity |
|---|---|---|---|---|
| Gujarat Raffia Industries | 21 | 18.03 | 4.71% | 0.08 |
| Commercial Syn Bags | 1,260 | 42.42 | 14.83% | 0.72 |
| Emmbi Industries | 173 | 19.93 | 4.37% | 0.89 |
| Peer average (2 companies) | – | 31.18 | 9.60% | 0.80 |
Against this peer set, Gujarat Raffia Industries’s 4.71% ROE is below the 9.60% peer average, and its P/E of 18.03x runs below the peer average of 31.18x. Gujarat Raffia Industries’ 18.03x P/E is below the 30.20x Industry P/E, but its 4.71% ROE is modest and its micro-cap size means the discount should be read with caution.
What Makes Gujarat Raffia Industries Worth Watching in Plastic Products
- Below Industry P/E and book value: An 18.03x P/E against a 30.20x Industry P/E, alongside a P/B of 0.96, means the stock trades just below its own book value.
- Near debt free: A debt to equity ratio of 0.08 keeps the balance sheet uncomplicated.
- Very small, thinly traded scale: At a market capitalisation of Rs 21 Cr, Gujarat Raffia Industries trades at a tiny fraction of the scale of the other plastic products names in this series, and very low volumes can make prices move sharply.
Gujarat Raffia Industries Valuation: Is It Justified?
Gujarat Raffia Industries’ 18.03x P/E is below the 30.20x Industry P/E, but its 4.71% ROE is modest and its micro-cap size means the discount should be read with caution. As with any single stock, investors should weigh this against their own valuation discipline and risk appetite rather than the sector label alone.
Also read – Is Godrej Agrovet the Best Stock in Its Sector? A Look at the Numbers
Download the Univest iOS App or Univest Android App to track Gujarat Raffia Industries and other Plastic Products sector stocks.
How to Track Gujarat Raffia Industries Before You Invest
Before deciding whether Gujarat Raffia Industries deserves its label as the best stock in its sector for your own portfolio, compare it directly against Plastic Products sector peers using the steps below.
- Open the Univest Screener and search for Gujarat Raffia Industries to view live price, valuation ratios, and peer comparisons within the Plastic Products sector.
- Compare its P/E, P/B, and ROE against other Plastic Products sector stocks before deciding if the current valuation fits your strategy.
- Set a price alert around key support and resistance zones using the Univest app so you are notified of meaningful moves.
- Open a broking account on Univest if you decide to add the stock, and size the position based on your own risk appetite and portfolio allocation.
Conclusion
Gujarat Raffia Industries earns a place in the best stock in its sector conversation on the strength of a 4.71% ROE and a P/E of 18.03x against a 30.20x Industry P/E, with named peer comparisons in this article backing up that picture. As with any individual stock decision, this analysis is educational and investors should do their own research or consult a SEBI-registered advisor before investing.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
Is Gujarat Raffia Industries the best stock in its sector?
Ans. Gujarat Raffia Industries has a 4.71% ROE and trades at 18.03x P/E against a 30.20x Industry P/E, and compares below the peer average ROE of 9.60% in this article’s named comparison, so the answer depends on what an investor is prioritising.
What is the current share price of Gujarat Raffia Industries?
Ans. Gujarat Raffia Industries was trading at Rs 40.69 on the NSE as of 28 September 2026, within its 52-week range of Rs 35.10 to Rs 88.00.
What sector does Gujarat Raffia Industries belong to?
Ans. Gujarat Raffia Industries is classified under the Plastic Products sector on Univest.
How does Gujarat Raffia Industries compare to its sector peers on P/E?
Ans. Gujarat Raffia Industries’s P/E of 18.03x is below the 31.18x average of the 2 named peers compared in this article.
What is Gujarat Raffia Industries’s return on equity?
Ans. Gujarat Raffia Industries reported a return on equity of 4.71%, which is below the 9.60% average of its named peers in this comparison.
Should I invest in Gujarat Raffia Industries based on its sector position?
Ans. Gujarat Raffia Industries’s sector position and metrics make it worth researching further, but any investment decision should factor in your own risk appetite, its valuation relative to peers, and independent research or advice from a SEBI-registered advisor.
