Companies›Commodities›Forest Materials›Paper, Forest & Jute Products

NATH INDUSTRIES LIMITED

Forest Materials › Paper, Forest & Jute Products
₹51.80
at close · 28 Oct 2026
▲ 3.80 (+7.92%)

Latest filings

Next results: Fri, 6 Nov · Financial Results
  1. Board meeting set for 6 November 2026 to consider results · Results
  2. Compliance certificate for share dematerialization filed with BSE · Compliance
  3. Trading window closure for Q2 FY26 results, with condonation request · 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 and chemicals (specifically sulphuric acid) at facilities based in Aurangabad. Operations run across two paper division units and at least two sulphuric acid plants. Paper is the larger segment, contributing Rs. 206.16 crore of segment revenue in FY26, while the chemical (sulphuric acid) segment contributed Rs. 104.17 crore. Total income for FY26 stood at Rs. 494.87 crore, up 15.77% from the prior year, with a net profit of Rs. 6.68 crore. Materials are the dominant cost at 69.6% of revenue, followed by other operating expenses at 21.8% and employee costs at 4.6%. Operations were disrupted during the year: fire incidents hit both paper division units for 12-15 days in Q3 FY26, and sulphuric acid Plant no. 2 was shut during Q1 FY26 for maintenance and capacity upgradation, which is expected to add 20 tonnes per day of output once restarted.

Operating scale
Paper segment revenue
Rs. 206.16 croreFY26
Chemical (sulphuric acid) segment revenue
Rs. 104.17 croreFY26
Paper division units
2 unitsFY26
Sulphuric acid Plant no. 2 capacity addition
20 tonnes per day (post-upgradation)FY26
Fire-related operational disruption
12-15 days at both paper unitsQ3 FY26
Total income YoY growth
15.77% (Rs. 494.87 crore vs Rs. 427.47 crore)FY26
Who pays it
Industrial buyers of paper and sulphuric acid (specific customer categories not stated in the facts)
Biggest cost
Raw materials at 69.6% of revenue
Kind of business
Cyclical paper and commodity-chemical manufacturing, asset-heavy
Where it sits
BSE-listed paper and sulphuric acid manufacturer with FY26 total assets of Rs. 460.55 crore, classified under Paper & Paper Products
Market Cap
₹98 Cr
P / E (TTM)
9.1×
EV / EBITDA
6.3×
Div Yield
—
Growth
11.0%▲
Revenue 5y CAGR
PAT -15.2% · EBITDA -1.3%
Quality
5.8%·
ROCE (5y median)
ROE 2.6% (5y median) · margin 6.0%
Leverage
0.36·
Debt / Equity · low
Net debt ₹84 Cr
Revenue FY21→FY26
1.7×▲
Margin −3.9 pts
₹292 Cr → ₹491 Cr
Cash conversion
2.68×▲
Operating cash ÷ profit · 5 yrs
₹97 Cr on ₹36 Cr
Moves on a normal day
1.63%·
Median daily move
Last 265 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)#14/36
P/B#7/36
ROCE#29/45
ROE#25/37
Debt / Equity#18/37
EBITDA margin#30/38
Revenue growth#27/39
Profit growth#40/42

Scorecard

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

Strengths
Over 5 years it reported ₹36 Cr of profit and ₹97 Cr of operating cash — 2.68×
Profit is converting into cash
Concerns
Profit shrinking over 5 years (−15% a year)
Erratic profits — up in only 2 of the last 5 years
Returns on capital 5.8% (5-year median)
#29 of 45 in Paper & Paper Products on the latest reported figures · down from 8.4% in FY21

Charts

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

Price

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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 NATH INDUSTRIES LIMITED's filed financials and exchange disclosures

What does NATH INDUSTRIES LIMITED do?

NATH INDUSTRIES LIMITED is a Paper, Forest & Jute Products company listed on BSE.

Is NATH INDUSTRIES LIMITED profitable?

Yes. Over the trailing twelve months NATH INDUSTRIES LIMITED reported a net profit of ₹6.68 Cr on revenue of ₹491 Cr.

Does NATH INDUSTRIES LIMITED pay a dividend?

Not in the latest reported year — NATH INDUSTRIES LIMITED's dividend payout for FY26 was nil.

Is NATH INDUSTRIES LIMITED debt-free?

No. It reported borrowings of ₹93 Cr on its 31 Mar 2026 balance sheet, or net debt of ₹84 Cr after cash. Debt stands at 0.36× equity. That is lower than 53% of its 37 Paper & Paper Products peers.

Is NATH INDUSTRIES LIMITED expensive compared with its peers?

On trailing P/E, NATH INDUSTRIES LIMITED ranks 14 of 36 in Paper & Paper Products — cheaper than 63% of them, against an industry median of 13.8×. This is a position, not a valuation judgement.

How much does the NATH INDUSTRIES LIMITED share price move in a day?

On a typical session NATH INDUSTRIES LIMITED moves 1.63% — that is the median absolute close-to-close move across its last 265 trading days. MarketPing measures each filing's price reaction against it.

When are NATH INDUSTRIES LIMITED's next results?

Financial Results on Fri, 6 Nov. MarketPing alerts you on WhatsApp the moment the filing lands.

Where can I track NATH INDUSTRIES LIMITED's announcements?

Every NSE and BSE filing by NATH INDUSTRIES 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.