Operates in the paper and paper products industry, historically running a paper factory at Bilaspur. That factory has been suspended since October 2010 due to pollution control issues, and the company has since disposed of substantially all of its plant and machinery. Revenue from operations is now negligible — Q2 FY26 was Rs 1.69 lakhs, Q3 FY26 was Rs 0.20 lakhs, and Q4 FY26 was Rs 0.44 lakhs, with total turnover for FY26 reported as NIL apart from other income of Rs 2.78 lakh. The company impaired 75% of its capital work-in-progress (Rs 1,627.54 lakhs) based on estimated recoverable value. The statutory auditor flagged material uncertainty about the ability to continue as a going concern, with the going-concern basis maintained on the strength of a comfort letter from a promoter group company confirming financial support. The net loss for FY26 was Rs 1,805.18 lakhs versus Rs 157.78 lakhs in FY25, and total equity has turned negative at Rs 1,661.38 lakhs. No dividend was declared for FY26, consistent with FY25. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Paper and paper products. Non-operational paper manufacturer with disposed plant, negative equity, and auditor-flagged going concern uncertainty
| ₹ crore · consolidated | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 0 | 0 |
| EBITDA (ex other income) | (0) | (1) | (0) | (0) | (17) |
| margin % | — | — | (27.7) | — | — |
| Owners' profit | (1) | (1) | (1) | (2) | (18) |
| EPS, as reported (₹) | (0.83) | (0.87) | (0.67) | 0.98 | 11.19 |
| ROE % · ROCE % | (26.2) · (4.0) | (36.5) · (4.4) | (35.9) · (1.1) | (109.9) · (4.1) | 108.7 · 428.8 |
| Debt / equity (x) | 2.66 | 3.23 | 4.54 | 10.55 | (1.01) |
| Cash from operations | (0) | (1) | (0) | (0) | (1) |
| Capex | 0 | 0 | 0 | (0) | 0 |
| ₹ crore | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | (0) | (0) | (0) | (0) | (0) | (17) | (1) | (0) |
| Net profit | (0) | (0) | (0) | (0) | (0) | (17) | (1) | (0) |
| EPS (₹) | 0.26 | (0.24) | (0.23) | 0.24 | 0.28 | 10.35 | 0.31 | 0.24 |
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| JK PAPER LIMITED | 7,513 | 22.7 | 1.30 | 10.1 | 4.7 | 4.4 | 20.8 | 17.0 |
| WEST COAST PAPER MILLS LT | 4,722 | 20.6 | 1.13 | 9.5 | 3.7 | 5.0 | 13.8 | 23.6 |
| SESHASAYEE PAPER & BOARDS | 1,517 | 15.3 | 0.74 | 10.4 | 4.0 | 4.1 | 16.9 | 11.3 |
| ANDHRA PAPER LIMITED | 1,464 | 53.0 | 0.75 | — | 1.0 | 1.2 | — | 17.9 |
| Date · filing | Category | Importance | 1-day % | 5-day % |
|---|---|---|---|---|
| 7 Sept 2026 · AGM notice published in newspapers; book closure Sept 25-27 | compliance | minimal | — | — |
| 5 Sept 2026 · Annual Report FY2025-26 filed with BSE; 41st AGM on 30 Sep 2026 | compliance | minimal | — | — |
| 5 Sept 2026 · AGIO PAPER sets 41st AGM on Sept 30; seeks re-appointment of auditor and director | board shareholder meetings | low | — | — |
| 5 Sept 2026 · AGM Notice and Book Closure from 24 to 30 September 2026 | board shareholder meetings | low | — | — |
| 5 Sept 2026 · Agio Paper announces e-voting facility for AGM on 30 September 2026 | compliance | minimal | — | — |
| 5 Sept 2026 · Board Outcome: AGM on Sep 30, Auditor and Director Re-appointed | board shareholder meetings | low | — | — |
| 1 Sept 2026 · Agio Paper board to meet on 5 Sep 2026 to finalise AGM details | board shareholder meetings | low | — | — |
| 17 Aug 2026 · Newspaper Publication of Q1 FY27 Unaudited Financial Results | compliance | minimal | — | — |
| 11 Aug 2026 · Board meeting on Aug 14 to consider Q1 FY27 unaudited results | results | low | — | — |
| 15 Jul 2026 · Routine filing of Regulation 74(5) certificate for June 2026 quarter | compliance | minimal | — | — |
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) | A state: the latest filed quarter and the measured reactions |
| N R AGARWAL INDS LTD | 1,078 | 17.4 | 1.32 | — | 5.4 | 3.9 | — | 12.4 |
| TAMILNADU NEWSPRT & PAPER | 1,066 | 4.1 | 0.46 | — | 10.7 | 1.4 | — | 11.2 |
| PUDUMJEE PAPER PRO. LTD | 929 | 10.2 | 1.39 | — | 14.0 | 16.2 | — | 25.2 |
| EMAMI PAPER MILLS LIMITED | 712 | 7.6 | 1.24 | — | 10.7 | 8.1 | — | 14.8 |
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 0.3 | 15.3 | 2 of 39 | 97% |
| ROCE | 457.9 | 4.4 | 1 of 49 | 100% |
| ROE | 108.7 | 4.0 | 1 of 45 | 100% |
| Debt / Equity | (1.0) | 0.2 | 4 of 45 | 93% |
| Profit growth | (1.8) | 60.9 | 27 of 42 | 37% |
| Market cap | 6 | 88 | 42 of 46 | 9% |
| an event is a fact; a rating is an opinion that requires SEBI RA registration |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.
