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NSE:ASTRON

ASTRON PAPER BORD MIL LTD

₹2.95
at close · 21 Sept 2026
▼ 0.03 (-1.01%)

Latest filings

  1. 5th Committee of Creditors meeting notice under CIRP · Regulatory & Legal
  2. Astron Paper under CIRP replies to SEBI non-compliance notices · Regulatory & Legal
  3. Contempt proceedings initiated against operational creditor for NCLT order non-compliance · Regulatory & Legal
  4. E-voting commenced for 4th CoC meeting under CIRP · Regulatory & Legal
  5. AGM delayed due to ongoing insolvency resolution process · Regulatory & Legal
  6. Section 19(2) IBC application filed at NCLT against non-cooperating personnel · Regulatory & Legal
  7. 4th CoC Meeting Adjourned to September 8, 2026 · Regulatory & Legal
  8. Astron Paper invites bids for resolution under insolvency process · Regulatory & Legal
  9. Astron Paper: Third CoC meeting e-voting results under CIRP · Regulatory & Legal
  10. Astron Paper fails to file Q1 results; management non-cooperation under CIRP · Regulatory & Legal
  11. Astron Paper invites resolution plans under ongoing insolvency process · Regulatory & Legal
  12. Promoters file Regulation 31(4) disclosure with the Exchange · Ownership Changes
  13. NSE seeks clarification on audit qualification statement · Regulatory & Legal
  14. Results For The Financial Year Ended On 31.03.2026 · Results
  15. Astron Paper & Board Mill Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026. · Results
  16. Astron Paper & Board Mill Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 30/05/2026 ,inter alia, to consider and approve Audited Standalone .... · Results
  17. Intimation of Admission of Corporate Insolvency Resolution Process (CIRP) under section 9 (5) of Insolvency and Bankruptcy Code, 2016 · Regulatory & Legal
  18. Astron Paper & Board Mill Limited has informed the Exchange about Corporate Insolvency Resolution Process under Section 9(5) of the Insolvency and Bankruptcy Code, 2016 · Regulatory & Legal
  19. Astron Paper & Board Mill Limited has informed the Exchange about Intimation of Admission of Corporate Insolvency Resolution Process (CIRP) under Section 9(5) of the Insolvency and Bankruptcy Code, 2016 · Regulatory & Legal
  20. Intimation of admission of Corporate Insolvency Resolution process (CIRP) under section 9(5) of Insolvency and Bankruptcy Code, 2016 · Regulatory & Legal
  21. Astron Paper & Board Mill Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018 · Compliance
  22. ASTRON PAPER & BOARD MILL LIMITED has informed the Exchange about Resignation of Independent director. · Management Changes
  23. Astron Paper & Board Mill Limited has informed the Exchange regarding Resignation of Mr. Sudhir Maheshwari from the position of Independent Director and also cease to be a Chairman of Audit Committee w.e.f. 25.03.2026 · Management Changes
  24. Astron Paper & Board Mill Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015 · Compliance
  25. Astron Paper & Board Mill Limited has submitted the Exchange a copy Srutinizers report of Extraordinary General Meeting held on March 19, 2026. Further, the company has informed the Exchange regarding voting results. · Board & Shareholder Meetings
  26. Outcome of 1st EGM held on 19.03.2026 to appoint Statutory Auditor to fill the casual vacancy and regularization of Ms. Janaki Patel as an Independent Director of the Company · Management Changes
  27. Astron Paper & Board Mill Limited has informed the Exchange regarding Outcome of 1st EGM held on 19.03.2026 to appoint Statutory Auditor to fill the casual vacancy and regularization of Ms. Janaki Patel as an Independent Director of the Company · Management Changes
  28. The Exchange has sought clarification from Astron Paper & Board Mill Limited for the quarter ended 31-Dec-2025 with respect to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. On basis of above the Company is required to clarify the following: -1. Standalone Limited Review Report not submitted -2. Consolidated Limited Review Report not submitted The response of the Company is awaited. · Compliance
  29. Astron Paper & Board Mill Limited has informed the Exchange regarding Notice of Extraordinary General Meeting to be held on March 19, 2026 · Board & Shareholder Meetings
  30. Approval of unaudited financial results for the quarter ended on 31st December, 2025 · Results
  31. Astron Paper & Board Mill Limited has submitted to the Exchange, the financial results for the period ended December 31, 2025. · Results
  32. Astron Paper & Board Mill Limited has informed the Exchange regarding Board meeting held on February 13, 2026. · Results
  33. Astron Paper & Board Mill Limited has informed the Exchange about Intimation regarding E-Auction Sale Notice of Secured Assets · Credit & Debt
  34. Astron Paper & Board Mill Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 13/02/2026 ,inter alia, to consider and approve To approve Standalone .... · Results
  35. Astron Paper & Board Mill Limited has informed the Exchange about Resignation of M/s SNDK & Associates LLP as Statutory Auditor of the Balaram Paper Pvt Ltd, Wholly owned Subsidiary of the Company · Management Changes
  36. Astron Paper & Board Mill Limited has informed the Exchange about ICICI Bank has confirmed its account is not classified as fraud. · Regulatory & Legal
  37. Astron Paper & Board Mill Limited has informed the Exchange about that its wholly owned subsidiary, Balaram papers Pvt Ltd, has closed loan accounts with Canara Bank and regained possession of secured assets. · Credit & Debt
  38. Astron Paper & Board Mill Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended 31st December, 2025 · Compliance
  39. Astron Paper & Board Mill Limited has informed the Exchange regarding change in Registered Office of the company. · General
  40. Astron Paper & Board Mill Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015 · Compliance
  41. Astron Paper & Board Mill Limited has informed the Exchange regarding Board meeting held on December 23, 2025 · Board & Shareholder Meetings
  42. Astron Paper & Board Mill Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 23/12/2025 ,inter alia, to consider and approve To Appoint M/s H .... · Management Changes
  43. Astron Paper & Board Mill Limited has informed the Exchange about Intimation of E-auction sale notice · Regulatory & Legal
  44. Astron Paper & Board Mill Limited has informed the Exchange about Intimation Of Possession Notice · Credit & Debt
  45. Astron Paper & Board Mill Limited has informed the Exchange regarding Resignation of M/s SNDK & Associates LLP as Statutory Auditor of the company w.e.f. November 14, 2025. · Management Changes
  46. Approval of Unaudited financial results for the Second quarter and half year ended on 30th September, 2025 · Results
  47. Astron Paper & Board Mill Limited has submitted to the Exchange, the financial results for the period ended September 30, 2025. · Results
  48. Astron Paper & Board Mill Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 14/11/2025 ,inter alia, to consider and approve the financial results .... · Results
  49. Intimation under Regulation 30 SEBI (LODR) Regulations, 2015 - Receipt of Possession Notice · Credit & Debt
  50. Astron Paper & Board Mill Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018 · Compliance
All filings ↓
Ask Nexa about ASTRON PAPER BORD MIL LTD

Snapshot

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

AI · written from filings

Makes recycled Kraft Paper with a stated manufacturing capacity of 500 tons per day. Operations have effectively collapsed: 9M FY26 revenue of Rs. 272.59 lakhs was roughly 97% lower than Rs. 9,506.28 lakhs in 9M FY25, with full-year FY26 revenue at Rs. 2.79 crore. The company posted a standalone loss of Rs. 445.64 lakhs in Q3 FY26, while finance costs of Rs. 393.83 lakhs in that quarter alone dwarfed revenue. Cost of materials accounted for 55.1% of revenue and depreciation for 256% of revenue in FY26, reflecting the mismatch between the fixed cost base and the shrunken top line. The business is under Corporate Insolvency Resolution Process, admitted by NCLT Ahmedabad on 11 May 2026 after a petition by Australian operational creditor Empire Sony PTY Limited claiming Rs. 1.78 crore of unpaid invoices. An Interim Resolution Professional has been appointed in place of the Board, a moratorium is in force, secured lenders have taken symbolic possession of certain assets under the SARFAESI Act, and resolution plans were due by 17 September 2026.

Operating scale
Kraft Paper capacity
500 tons per day
9M FY26 revenue
Rs. 272.59 lakhs9M FY26
9M FY25 revenue (prior period)
Rs. 9,506.28 lakhs9M FY25
CIRP admission date
11 May 2026 (NCLT Ahmedabad)
Operational creditor debt triggering CIRP
Rs. 1.78 crore
Resolution plans due
17 September 2026
Biggest cost
Materials (waste paper for recycling) at 55.1% of revenue, with depreciation at 256% of revenue indicating a heavy fixed-cost base
Kind of business
Cyclical, asset-heavy paper manufacturer currently in IBC insolvency proceedings
Where it sits
Single-product recycled Kraft Paper maker with 500 tons per day capacity, currently under CIRP since May 2026 with secured lenders having taken symbolic possession of assets
Market Cap
₹14 Cr
P / E (TTM)
—
EV / EBITDA
—
Div Yield
—
Growth
-63.6%▼
Revenue 5y CAGR
PAT — · EBITDA —
Quality
-10.9%·
ROCE (5y median)
ROE -15.0% · margin -88.6%
Leverage
1.13·
Debt / Equity · moderate
Net debt ₹77 Cr
Revenue FY21→FY26
0.0×▼
Margin −760.8 pts
₹435 Cr → ₹3 Cr
Moves on a normal day
1.73%·
Median daily move
Last 268 sessions · filing days run larger

Scorecard

Measured from the filed financials · as of FY26 — not investment advice

Strengths
Nothing stands out in the filed numbers.
Concerns
Slow revenue growth — -64% a year over 5 years
Erratic profits — up in only 2 of the last 5 years
Returns on capital -10.9% (5-year median)
down from 13.5% in FY21
Heavy working capital — 316 days of cash tied up
Customers are taking longer to pay — 67 → 2798 days of receivables
FY21 → FY26

Charts

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

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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 ASTRON PAPER BORD MIL LTD's filed financials and exchange disclosures

What does ASTRON PAPER BORD MIL LTD do?

ASTRON PAPER BORD MIL LTD is listed on NSE and BSE, trading under the symbol ASTRON.

Is ASTRON PAPER BORD MIL LTD profitable?

No. Over the trailing twelve months ASTRON PAPER BORD MIL LTD reported a net loss of ₹26 Cr on revenue of ₹4 Cr.

Does ASTRON PAPER BORD MIL LTD pay a dividend?

Not in the latest reported year — ASTRON PAPER BORD MIL LTD's dividend payout for FY26 was nil.

Is ASTRON PAPER BORD MIL LTD debt-free?

No. Debt stands at 1.13× equity, and it carries net debt of ₹77 Cr.

How much does the ASTRON PAPER BORD MIL LTD share price move in a day?

On a typical session ASTRON PAPER BORD MIL LTD moves 1.73% — that is the median absolute close-to-close move across its last 268 trading days. Announcement days are routinely larger.

Where can I track ASTRON PAPER BORD MIL LTD's announcements?

Every NSE and BSE filing by ASTRON PAPER BORD MIL LTD 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.