Companies›Commodities›Forest Materials›Paper Forest & Jute Products
NSE:ANDHRAPAP

ANDHRA PAPER LIMITED

Forest Materials › Paper Forest & Jute Products
₹65.84
at close · 28 Oct 2026
▲ 0.74 (+1.14%)

Latest filings

Next results: Fri, 30 Oct · Financial Results
  1. Board meeting on Oct 30 to consider Q2 FY26 results · Results
  2. Andhra Paper clarifies volume spike as market-driven · Regulatory & Legal
  3. BSE seeks clarification from Andhra Paper on unusual volume movement · Compliance
All filings ↓
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Snapshot

What the business is, and whether it's a good one at a fair price.

AI · written from filings

Manufactures paper, paperboard and pulp for sale primarily in domestic Indian markets, with only about 0.59% of revenue from exports. In FY26, it produced a record 2,59,266 metric tonnes of paper and sold 2,60,438 metric tonnes, generating revenue of ₹1,701.23 crore, up over 10% year-on-year. Earnings came under pressure: net profit fell sharply to ₹18.62 crore from ₹89 crore, and EBITDA margin compressed to 8.87% from about 14% the prior year, on pricing and fibre cost headwinds. A near-complete ₹915 crore four-year modernisation programme is being followed by entry into the tissue paper segment through a Tissue Machine Project, which would diversify the product portfolio beyond its current paper and paperboard base. The company is also expanding sustainable operations, with 74.5% of its power coming from biofuels, water use reduced to 43 cubic metres per tonne, and 100% sustainable wood sourcing. Materials account for 64.6% of revenue and employees for 10.6%, making fibre/raw material costs the single biggest expense line.

Operating scale
Paper production (FY26)
2,59,266 MTFY26
Paper sales (FY26)
2,60,438 MTFY26
Kadiam unit paper machines
150 MT/day + 55 MT/day machines (about 93% of normal capacity post-July 2026 restart)Jul 2026
Workforce
844 staff and 5,522 workersFY26
Modernisation programme
₹915 crore, four-year programme, nearly completeFY26
Biofuel share of power
74.5%FY26
Who pays it
Domestic Indian buyers of paper, paperboard and pulp (printing, writing, packaging end-uses); exports about 0.59% of revenue.
Biggest cost
Materials (pulp wood and fibre inputs) at 64.6% of revenue — the largest cost line, and a driver of the FY26 margin compression.
Kind of business
Asset-heavy, cyclical pulp and paper manufacturer undergoing modernisation and product diversification into tissue.
Where it sits
An India-focused paper and paperboard producer that sources 100% of its wood sustainably and meets nearly all demand from the domestic market, with only 0.59% of FY26 revenue from exports.
Market Cap
₹1,309 Cr
P / E (TTM)
47.4×
EV / EBITDA
9.5×
Div Yield
1.52%
Growth
13.9%▲
Revenue 5y CAGR
PAT — · EBITDA +16.0%
Quality
16.2%▲
ROCE (5y median)
ROE 12.8% (5y median) · margin 8.9%
Leverage
0.12·
Debt / Equity · low
Net debt ₹216 Cr
Revenue FY21→FY26
1.9×▲
Margin +1.6 pts
₹887 Cr → ₹1,701 Cr
Cash conversion
1.00×·
Operating cash ÷ profit · 5 yrs
₹1,106 Cr on ₹1,109 Cr
Moves on a normal day
1.04%·
Median daily move
Last 267 sessions · the yardstick for filing-day moves
Where it sits among 48 Paper & Paper Products peersBar = share of peers beaten · tick = industry median · latest reported figures
P/E (TTM)#34/36
P/B#18/36
ROCE#35/45
ROE#29/37
Debt / Equity#13/37
EBITDA margin#6/38
Revenue growth#30/39
Profit growth#24/42

Scorecard

Measured from the filed financials, judged against its Paper & Paper Products peers · as of FY26 — not investment advice

Strengths
Revenue compounding 14% a year over 5 years
Returns on capital 16.2% (5-year median)
#35 of 45 in Paper & Paper Products on the latest reported figures · up from −0.2% in FY21
Debt at 0.12× equity
lower than 67% of its 37 Paper & Paper Products peers
Concerns
Erratic profits — up in only 2 of the last 5 years

Charts

How has the market priced it — with filings on the timeline?

ANDHRAPAP · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Peers

How does it stack up on valuation, returns and growth?

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Financials

Quarterly & annual P&L, balance sheet, cash flow, ratios and segments.

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Ownership

Who owns it — and is the promoter stake clean?

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Common questions

Answered from ANDHRA PAPER LIMITED's filed financials and exchange disclosures

What does ANDHRA PAPER LIMITED do?

ANDHRA PAPER LIMITED is a Paper Forest & Jute Products company listed on NSE and BSE, trading under the symbol ANDHRAPAP.

Is ANDHRA PAPER LIMITED profitable?

Yes. Over the trailing twelve months ANDHRA PAPER LIMITED reported a net profit of ₹28 Cr on revenue of ₹1,702 Cr.

Does ANDHRA PAPER LIMITED pay a dividend?

Yes. The dividend yield is 1.52% at the current price. It paid out 107% of its profit as dividend in FY26.

Is ANDHRA PAPER LIMITED debt-free?

No. It reported borrowings of ₹232 Cr on its 31 Mar 2026 balance sheet, or net debt of ₹216 Cr after cash. Debt stands at 0.12× equity. That is lower than 67% of its 37 Paper & Paper Products peers.

Is ANDHRA PAPER LIMITED expensive compared with its peers?

On trailing P/E, ANDHRA PAPER LIMITED ranks 34 of 36 in Paper & Paper Products — cheaper than 6% of them, against an industry median of 13.8×. This is a position, not a valuation judgement.

How much does the ANDHRA PAPER LIMITED share price move in a day?

On a typical session ANDHRA PAPER LIMITED moves 1.04% — that is the median absolute close-to-close move across its last 267 trading days. MarketPing measures each filing's price reaction against it.

When are ANDHRA PAPER LIMITED's next results?

Financial Results on Fri, 30 Oct. MarketPing alerts you on WhatsApp the moment the filing lands.

Where can I track ANDHRA PAPER LIMITED's announcements?

Every NSE and BSE filing by ANDHRA PAPER LIMITED appears on this page, AI-summarised, alongside the price reaction that followed it. Follow the company to get each new filing on WhatsApp within minutes.

Figures are as last reported and may lag the latest filing. Not investment advice.