Makes paper and paper products as its main business, with a small soda ash segment also reported separately. The company is listed on BSE and classified under paper and paper products. In FY26, revenue from operations was ₹200.18 crore, growing 11.08% year-on-year. Based on the latest available segment breakdown (period ending December 2018), paper accounted for 99.1% of segment revenue (₹114.00 crore) while soda ash contributed 0.9% (₹1.08 crore). The biggest cost items in FY26 were other operating expenses at 49.7% of revenue (₹99.39 crore) and raw materials at 32.1% (₹64.30 crore). Employee costs were 6.0% of revenue (₹12.06 crore) and depreciation 4.1% (₹8.19 crore). A fire on November 13, 2025 damaged fixed assets worth ₹2,480 lakhs. AR · MarketPing reader · 2026-08-03
Revenue streams, as the annual report describes them. Paper (99%), Soda Ash (1%). Asset-heavy paper manufacturer with elevated fixed-cost base
| ₹ crore · consolidated | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 141 | 222 | 186 | 180 | 200 |
| EBITDA (ex other income) | 8 | 12 | 12 | 18 | 23 |
| margin % | 5.8 | 5.4 | 6.7 | 10.0 | 11.6 |
| Owners' profit | 2 | 5 | 6 | 7 | 7 |
| EPS, as reported (₹) | 1.40 | 3.51 | 4.61 | 4.65 | 4.74 |
| ROE % · ROCE % | 5.9 · 7.1 | 12.9 · 12.1 | 14.5 · 11.6 | 12.7 · 14.6 | 11.5 · 16.5 |
| Debt / equity (x) | 1.11 | 1.17 | 1.72 | 1.56 | 1.28 |
| Cash from operations | (13) | 9 | 8 | 13 | 11 |
| Capex | (3) | (14) | (19) | (7) | (3) |
| ₹ crore | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 34 | 45 | 52 | 53 | 43 | 44 | 60 | 63 |
| Profit before tax | 2 | 3 | 2 | 2 | 2 | 2 | 3 | 2 |
| Net profit | 2 | 3 | 0 | 1 | 2 | 3 | 1 | 1 |
| EPS (₹) | 1.50 | 1.84 | 0.16 | 1.00 | 1.57 | 1.91 | 0.52 | 0.87 |
| 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 % |
|---|---|---|---|---|
| 11 Sept 2026 · Letters sent to shareholders for accessing Annual Report FY 2025-26 | compliance | minimal | — | — |
| 6 Sept 2026 · Mohit Paper Mills: Newspaper notice of 34th AGM on September 29, 2026 | compliance | minimal | — | — |
| 5 Sept 2026 · Annual Report FY26 and 34th AGM Notice filed with BSE | results | high | — | — |
| 5 Sept 2026 · 34th AGM notice filed; meeting on Sep 29, 2026 via video conferencing | board shareholder meetings | low | — | — |
| 29 Aug 2026 · Newspaper ad published for 34th AGM notice and e-voting info | compliance | minimal | — | — |
| 24 Aug 2026 · Mohit Paper Mills 34th AGM on September 29, 2026 via video conferencing | board shareholder meetings | low | — | — |
| 24 Aug 2026 · 34th AGM scheduled for September 29, 2026 via video conferencing | board shareholder meetings | low | — | — |
| 17 Aug 2026 · Notice on special window for physical share transfer and demat | compliance | minimal | — | — |
| 14 Aug 2026 · Mohit Paper Mills Q1 FY27 results published via newspaper ad | compliance | minimal | — | — |
| 13 Aug 2026 · Statutory Auditor Pankaj K Goyal and Co resigns effective Aug 13, 2026 | management changes | medium | — | — |
| 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) | 5.5 | 15.3 | 7 of 39 | 84% |
| P/B | 0.7 | 0.8 | 14 of 34 | 61% |
| ROCE | 9.8 | 4.4 | 11 of 49 | 79% |
| ROE | 11.5 | 4.0 | 8 of 45 | 84% |
| Debt / Equity | 1.3 | 0.2 | 41 of 45 | 9% |
| EBITDA margin | 9.0 | 10.4 | 21 of 38 | 46% |
| Revenue growth | 18.1 | 11.5 | 15 of 39 | 63% |
| Profit growth | (12.3) | 60.9 | 31 of 42 | 27% |
| Market cap | 37 | 88 | 29 of 46 | 38% |
| 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.
