Andhra Paper Ltd: Intrinsic Value & Share Price Analysis

Share Price and Basic Stock Data

Last Updated: May 23, 2025, 1:51 am

Market Cap	1,549 Cr.
Current Price	77.9
High / Low	128/65.1
Stock P/E	17.4
Book Value	97.6
Dividend Yield	2.57 %
ROCE	6.38 %
ROE	4.64 %
Face Value	2.00
PEG Ratio	0.42

Stock P/E, Current Price, and Intrinsic Value Over Time

Stock P/E Current Price Intrinsic Value

View Share Price Target for Andhra Paper Ltd

Competitors of Andhra Paper Ltd

Stock Name ⇩	Market Cap ⇩	Current Price ⇩	High / Low ⇩	Stock P/E ⇩	Book Value ⇩	Dividend Yield ⇩	ROCE ⇩	ROE ⇩	Face Value ⇩
Satia Industries Ltd	806 Cr.	80.7	143/64.4	6.57	99.5	1.24 %	23.4 %	25.4 %	1.00
NR Agarwal Industries Ltd	454 Cr.	267	548/206	11.3	451	0.75 %	14.1 %	18.3 %	10.0
Magnum Ventures Ltd	186 Cr.	28.1	60.4/22.9	16.3	105	0.00 %	1.22 %	2.98 %	10.0
Century Textiles & Industries Ltd	23,632 Cr.	2,114	3,142/1,638		344	0.24 %	0.12 %	2.18 %	10.0
Andhra Paper Ltd	1,549 Cr.	77.9	128/65.1	17.4	97.6	2.57 %	6.38 %	4.64 %	2.00
Industry Average	5,461.00 Cr	488.28		13.31	236.02	1.19%	9.11%	10.22%	7.17

All Competitor Stocks of Andhra Paper Ltd

Quarterly Result

Metric	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024
Sales	346	426	452	485	571	590	478	482	477	364	316	432	386
Expenses	284	344	328	339	334	362	323	351	367	329	282	380	357
Operating Profit	62	82	124	146	237	229	155	131	110	35	34	52	28
OPM %	18%	19%	27%	30%	41%	39%	32%	27%	23%	10%	11%	12%	7%
Other Income	7	16	9	13	16	-2	22	21	24	28	25	30	15
Interest	1	2	1	1	1	3	1	1	1	1	2	4	5
Depreciation	18	18	17	15	16	16	16	17	17	17	21	21	22
Profit before tax	50	78	114	143	236	208	159	135	116	46	36	58	17
Tax %	26%	26%	26%	20%	28%	26%	26%	25%	29%	16%	23%	28%	32%
Net Profit	37	57	85	113	170	154	119	100	82	38	28	42	12
EPS in Rs	1.87	2.89	4.27	5.70	8.56	7.74	5.96	5.04	4.15	1.93	1.39	2.10	0.59

Last Updated: February 28, 2025, 8:37 pm

Below is a detailed analysis of the quarterly data for Andhra Paper Ltd based on the most recent figures (Dec 2024) and their trends compared to the previous period:

For Sales, as of Dec 2024, the value is 386.00 Cr.. The value appears to be declining and may need further review. It has decreased from 432.00 Cr. (Sep 2024) to 386.00 Cr., marking a decrease of 46.00 Cr..
For Expenses, as of Dec 2024, the value is 357.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 380.00 Cr. (Sep 2024) to 357.00 Cr., marking a decrease of 23.00 Cr..
For Operating Profit, as of Dec 2024, the value is 28.00 Cr.. The value appears to be declining and may need further review. It has decreased from 52.00 Cr. (Sep 2024) to 28.00 Cr., marking a decrease of 24.00 Cr..
For OPM %, as of Dec 2024, the value is 7.00%. The value appears to be declining and may need further review. It has decreased from 12.00% (Sep 2024) to 7.00%, marking a decrease of 5.00%.
For Other Income, as of Dec 2024, the value is 15.00 Cr.. The value appears to be declining and may need further review. It has decreased from 30.00 Cr. (Sep 2024) to 15.00 Cr., marking a decrease of 15.00 Cr..
For Interest, as of Dec 2024, the value is 5.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 4.00 Cr. (Sep 2024) to 5.00 Cr., marking an increase of 1.00 Cr..
For Depreciation, as of Dec 2024, the value is 22.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 21.00 Cr. (Sep 2024) to 22.00 Cr., marking an increase of 1.00 Cr..
For Profit before tax, as of Dec 2024, the value is 17.00 Cr.. The value appears to be declining and may need further review. It has decreased from 58.00 Cr. (Sep 2024) to 17.00 Cr., marking a decrease of 41.00 Cr..
For Tax %, as of Dec 2024, the value is 32.00%. The value appears to be increasing, which may not be favorable. It has increased from 28.00% (Sep 2024) to 32.00%, marking an increase of 4.00%.
For Net Profit, as of Dec 2024, the value is 12.00 Cr.. The value appears to be declining and may need further review. It has decreased from 42.00 Cr. (Sep 2024) to 12.00 Cr., marking a decrease of 30.00 Cr..
For EPS in Rs, as of Dec 2024, the value is 0.59. The value appears to be declining and may need further review. It has decreased from 2.10 (Sep 2024) to 0.59, marking a decrease of 1.51.

Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: May 15, 2025, 7:18 am

Metric	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Sales	1,092	1,163	1,124	1,172	1,264	1,427	1,270	887	1,380	2,098	1,801	1,541
Expenses	1,030	1,068	992	1,002	1,038	1,047	965	826	1,156	1,359	1,368	1,407
Operating Profit	61	95	131	170	226	380	304	61	224	738	432	135
OPM %	6%	8%	12%	15%	18%	27%	24%	7%	16%	35%	24%	9%
Other Income	13	12	39	-22	-7	7	13	11	42	33	94	89
Interest	43	45	40	34	26	9	5	5	5	7	4	18
Depreciation	87	69	73	70	66	68	76	73	72	63	66	88
Profit before tax	-56	-6	56	44	126	311	236	-6	188	701	456	117
Tax %	-26%	-104%	35%	27%	34%	36%	10%	-26%	26%	25%	25%	24%
Net Profit	-42	0	37	32	83	200	213	-5	140	522	340	89
EPS in Rs	-2.09	0.01	1.85	1.63	4.18	10.06	10.70	-0.23	7.03	26.27	17.08	4.47
Dividend Payout %	-0%	-0%	-0%	-0%	-0%	-0%	-0%	-432%	21%	10%	12%	22%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2014-2015	2016-2017	2017-2018	2018-2019	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024	2024-2025
YoY Net Profit Growth (%)	100.00%	-13.51%	159.38%	140.96%	6.50%	-102.35%	2900.00%	272.86%	-34.87%	-73.82%
Change in YoY Net Profit Growth (%)	0.00%	-113.51%	172.89%	-18.41%	-134.46%	-108.85%	3002.35%	-2627.14%	-307.72%	-38.96%

Andhra Paper Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 10 years from 2014-2015 to 2024-2025.

Growth

Compounded Sales Growth
10 Years:	3%
5 Years:	4%
3 Years:	4%
TTM:	-14%

Compounded Profit Growth
10 Years:	36%
5 Years:	-16%
3 Years:	-14%
TTM:	-73%

Stock Price CAGR
10 Years:	2%
5 Years:	19%
3 Years:	5%
1 Year:	-25%

Return on Equity
10 Years:	17%
5 Years:	16%
3 Years:	19%
Last Year:	5%

Last Updated: Unknown

Balance Sheet

Last Updated: May 13, 2025, 3:53 pm

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Equity Capital	40	40	40	40	40	40	40	40	40	40	40	40
Reserves	375	374	411	438	524	724	936	935	1,054	1,542	1,853	1,901
Borrowings	564	502	477	359	208	15	9	44	59	55	115	283
Other Liabilities	336	330	340	317	325	407	336	313	345	367	443	381
Total Liabilities	1,315	1,246	1,268	1,155	1,097	1,186	1,321	1,333	1,498	2,005	2,451	2,605
Fixed Assets	877	833	820	798	742	707	680	619	585	577	795	1,024
CWIP	10	16	17	3	4	8	2	9	8	29	114	30
Investments	15	15	15	10	15	16	44	219	383	887	1,029	909
Other Assets	413	382	415	344	336	455	595	486	523	512	513	642
Total Assets	1,315	1,246	1,268	1,155	1,097	1,186	1,321	1,333	1,498	2,005	2,451	2,605

Below is a detailed analysis of the balance sheet data for Andhra Paper Ltd based on the most recent figures (Mar 2025) and their trends compared to the previous period:

For Equity Capital, as of Mar 2025, the value is 40.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 40.00 Cr..
For Reserves, as of Mar 2025, the value is 1,901.00 Cr.. The value appears strong and on an upward trend. It has increased from 1,853.00 Cr. (Mar 2024) to 1,901.00 Cr., marking an increase of 48.00 Cr..
For Borrowings, as of Mar 2025, the value is 283.00 Cr.. The value appears to be increasing, which may not be favorable. Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has increased from 115.00 Cr. (Mar 2024) to 283.00 Cr., marking an increase of 168.00 Cr..
For Other Liabilities, as of Mar 2025, the value is 381.00 Cr.. The value appears to be improving (decreasing). It has decreased from 443.00 Cr. (Mar 2024) to 381.00 Cr., marking a decrease of 62.00 Cr..
For Total Liabilities, as of Mar 2025, the value is 2,605.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 2,451.00 Cr. (Mar 2024) to 2,605.00 Cr., marking an increase of 154.00 Cr..
For Fixed Assets, as of Mar 2025, the value is 1,024.00 Cr.. The value appears strong and on an upward trend. It has increased from 795.00 Cr. (Mar 2024) to 1,024.00 Cr., marking an increase of 229.00 Cr..
For CWIP, as of Mar 2025, the value is 30.00 Cr.. The value appears to be declining and may need further review. It has decreased from 114.00 Cr. (Mar 2024) to 30.00 Cr., marking a decrease of 84.00 Cr..
For Investments, as of Mar 2025, the value is 909.00 Cr.. The value appears to be declining and may need further review. It has decreased from 1,029.00 Cr. (Mar 2024) to 909.00 Cr., marking a decrease of 120.00 Cr..
For Other Assets, as of Mar 2025, the value is 642.00 Cr.. The value appears strong and on an upward trend. It has increased from 513.00 Cr. (Mar 2024) to 642.00 Cr., marking an increase of 129.00 Cr..
For Total Assets, as of Mar 2025, the value is 2,605.00 Cr.. The value appears strong and on an upward trend. It has increased from 2,451.00 Cr. (Mar 2024) to 2,605.00 Cr., marking an increase of 154.00 Cr..

Notably, the Reserves (1,901.00 Cr.) exceed the Borrowings (283.00 Cr.), indicating a solid financial buffer.

Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Cash from Operating Activity +	20	128	111	172	215	310	177	104	202	536	319	-55
Cash from Investing Activity +	-89	-31	-38	-29	-31	-110	-167	-114	-181	-498	-334	-61
Cash from Financing Activity +	68	-108	-67	-145	-175	-201	-11	11	-12	-41	5	109
Net Cash Flow	-0	-11	6	-3	9	-1	-0	1	9	-3	-10	-7

Free Cash Flow

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Free Cash Flow	-503.00	-407.00	-346.00	-189.00	18.00	365.00	295.00	17.00	165.00	683.00	317.00	-148.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Debtor Days	14	20	20	23	21	20	19	12	31	27	26	12
Inventory Days	114	172	141	151	131	113	120	216	169	80	77	102
Days Payable	82	121	110	110	99	97	130	125	134	89	87	98
Cash Conversion Cycle	46	71	52	64	54	37	8	102	66	17	16	16
Working Capital Days	-1	14	-28	28	-20	8	18	43	57	44	17	8
ROCE %	5%	-1%	4%	7%	12%	21%	42%	27%	0%	18%	52%	25%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024
Promoters	72.20%	72.20%	72.24%	72.24%	72.24%	72.31%	72.31%	72.31%	72.31%	72.31%	72.45%	72.45%
FIIs	0.19%	0.26%	0.93%	0.99%	1.28%	1.97%	2.65%	2.62%	2.33%	2.31%	1.35%	1.02%
DIIs	9.17%	8.84%	7.18%	6.75%	6.29%	5.13%	2.55%	2.21%	2.60%	2.60%	4.53%	4.67%
Public	18.44%	18.70%	19.67%	20.03%	20.20%	20.59%	22.47%	22.85%	22.75%	22.77%	21.67%	21.86%
No. of Shareholders	14,248	15,551	17,859	18,911	19,756	22,607	27,445	34,601	37,937	37,553	42,417	45,590

Shareholding Pattern Chart

No. of Shareholders

Mutual Fund Holdings

Fund Name	No of Shares	AUM (%)	Amount Invested (Cr)	Previous Number of Shares	Previous Date	Percentage Change
SBI Large & Midcap Fund	330,955	0.11	18.67	330,955	2025-04-22 15:57:00	0%

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20
FaceValue	10.00	10.00	10.00	10.00	10.00
Basic EPS (Rs.)	85.43	131.37	35.14	-1.16	53.54
Diluted EPS (Rs.)	85.43	131.37	35.14	-1.16	53.54
Cash EPS (Rs.)	101.99	147.26	53.24	17.30	72.62
Book Value[Excl.RevalReserv]/Share (Rs.)	476.04	397.83	275.10	245.21	245.37
Book Value[Incl.RevalReserv]/Share (Rs.)	476.04	397.83	275.10	245.21	245.37
Dividend / Share (Rs.)	10.00	12.50	7.50	5.00	0.00
Revenue From Operations / Share (Rs.)	452.75	527.45	347.05	222.97	319.26
PBDIT / Share (Rs.)	132.24	197.82	66.84	19.14	79.71
PBIT / Share (Rs.)	115.68	181.93	48.73	0.68	60.63
PBT / Share (Rs.)	114.57	176.26	47.36	-1.56	59.29
Net Profit / Share (Rs.)	85.42	131.37	35.13	-1.16	53.54
PBDIT Margin (%)	29.20	37.50	19.25	8.58	24.96
PBIT Margin (%)	25.55	34.49	14.04	0.30	18.99
PBT Margin (%)	25.30	33.41	13.64	-0.69	18.57
Net Profit Margin (%)	18.86	24.90	10.12	-0.51	16.76
Return on Networth / Equity (%)	17.94	33.02	12.77	-0.47	21.81
Return on Capital Employeed (%)	22.63	43.40	16.23	0.25	21.95
Return On Assets (%)	13.86	26.06	9.32	-0.34	16.11
Long Term Debt / Equity (X)	0.02	0.00	0.01	0.01	0.01
Total Debt / Equity (X)	0.05	0.02	0.04	0.02	0.01
Asset Turnover Ratio (%)	0.80	1.20	0.97	0.66	1.01
Current Ratio (X)	3.06	3.40	2.39	2.21	2.56
Quick Ratio (X)	2.49	2.89	1.91	1.56	1.56
Inventory Turnover Ratio (X)	4.21	5.15	3.02	2.71	2.30
Dividend Payout Ratio (NP) (%)	14.63	5.70	14.23	0.00	0.00
Dividend Payout Ratio (CP) (%)	12.25	5.09	9.39	0.00	0.00
Earning Retention Ratio (%)	85.37	94.30	85.77	0.00	0.00
Cash Earning Retention Ratio (%)	87.75	94.91	90.61	0.00	0.00
Interest Coverage Ratio (X)	119.13	109.71	48.81	16.87	59.54
Interest Coverage Ratio (Post Tax) (X)	77.95	76.00	26.66	0.95	40.99
Enterprise Value (Cr.)	2014.44	1644.74	1175.63	820.56	411.61
EV / Net Operating Revenue (X)	1.12	0.78	0.85	0.92	0.32
EV / EBITDA (X)	3.83	2.09	4.42	10.78	1.30
MarketCap / Net Operating Revenue (X)	1.07	0.78	0.85	0.98	0.45
Retention Ratios (%)	85.36	94.29	85.76	0.00	0.00
Price / BV (X)	1.02	1.04	1.08	0.89	0.58
Price / Net Operating Revenue (X)	1.07	0.78	0.85	0.98	0.45
EarningsYield	0.17	0.31	0.11	-0.01	0.37

After reviewing the key financial ratios for Andhra Paper Ltd, here is a detailed analysis based on the latest available data and recent trends:

For FaceValue, as of Mar 24, the value is 10.00. This value is within the healthy range. There is no change compared to the previous period (Mar 23) which recorded 10.00.
For Basic EPS (Rs.), as of Mar 24, the value is 85.43. This value is within the healthy range. It has decreased from 131.37 (Mar 23) to 85.43, marking a decrease of 45.94.
For Diluted EPS (Rs.), as of Mar 24, the value is 85.43. This value is within the healthy range. It has decreased from 131.37 (Mar 23) to 85.43, marking a decrease of 45.94.
For Cash EPS (Rs.), as of Mar 24, the value is 101.99. This value is within the healthy range. It has decreased from 147.26 (Mar 23) to 101.99, marking a decrease of 45.27.
For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 476.04. It has increased from 397.83 (Mar 23) to 476.04, marking an increase of 78.21.
For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 476.04. It has increased from 397.83 (Mar 23) to 476.04, marking an increase of 78.21.
For Dividend / Share (Rs.), as of Mar 24, the value is 10.00. This value exceeds the healthy maximum of 3. It has decreased from 12.50 (Mar 23) to 10.00, marking a decrease of 2.50.
For Revenue From Operations / Share (Rs.), as of Mar 24, the value is 452.75. It has decreased from 527.45 (Mar 23) to 452.75, marking a decrease of 74.70.
For PBDIT / Share (Rs.), as of Mar 24, the value is 132.24. This value is within the healthy range. It has decreased from 197.82 (Mar 23) to 132.24, marking a decrease of 65.58.
For PBIT / Share (Rs.), as of Mar 24, the value is 115.68. This value is within the healthy range. It has decreased from 181.93 (Mar 23) to 115.68, marking a decrease of 66.25.
For PBT / Share (Rs.), as of Mar 24, the value is 114.57. This value is within the healthy range. It has decreased from 176.26 (Mar 23) to 114.57, marking a decrease of 61.69.
For Net Profit / Share (Rs.), as of Mar 24, the value is 85.42. This value is within the healthy range. It has decreased from 131.37 (Mar 23) to 85.42, marking a decrease of 45.95.
For PBDIT Margin (%), as of Mar 24, the value is 29.20. This value is within the healthy range. It has decreased from 37.50 (Mar 23) to 29.20, marking a decrease of 8.30.
For PBIT Margin (%), as of Mar 24, the value is 25.55. This value exceeds the healthy maximum of 20. It has decreased from 34.49 (Mar 23) to 25.55, marking a decrease of 8.94.
For PBT Margin (%), as of Mar 24, the value is 25.30. This value is within the healthy range. It has decreased from 33.41 (Mar 23) to 25.30, marking a decrease of 8.11.
For Net Profit Margin (%), as of Mar 24, the value is 18.86. This value exceeds the healthy maximum of 10. It has decreased from 24.90 (Mar 23) to 18.86, marking a decrease of 6.04.
For Return on Networth / Equity (%), as of Mar 24, the value is 17.94. This value is within the healthy range. It has decreased from 33.02 (Mar 23) to 17.94, marking a decrease of 15.08.
For Return on Capital Employeed (%), as of Mar 24, the value is 22.63. This value is within the healthy range. It has decreased from 43.40 (Mar 23) to 22.63, marking a decrease of 20.77.
For Return On Assets (%), as of Mar 24, the value is 13.86. This value is within the healthy range. It has decreased from 26.06 (Mar 23) to 13.86, marking a decrease of 12.20.
For Long Term Debt / Equity (X), as of Mar 24, the value is 0.02. This value is below the healthy minimum of 0.2. It has increased from 0.00 (Mar 23) to 0.02, marking an increase of 0.02.
For Total Debt / Equity (X), as of Mar 24, the value is 0.05. This value is within the healthy range. It has increased from 0.02 (Mar 23) to 0.05, marking an increase of 0.03.
For Asset Turnover Ratio (%), as of Mar 24, the value is 0.80. It has decreased from 1.20 (Mar 23) to 0.80, marking a decrease of 0.40.
For Current Ratio (X), as of Mar 24, the value is 3.06. This value exceeds the healthy maximum of 3. It has decreased from 3.40 (Mar 23) to 3.06, marking a decrease of 0.34.
For Quick Ratio (X), as of Mar 24, the value is 2.49. This value exceeds the healthy maximum of 2. It has decreased from 2.89 (Mar 23) to 2.49, marking a decrease of 0.40.
For Inventory Turnover Ratio (X), as of Mar 24, the value is 4.21. This value is within the healthy range. It has decreased from 5.15 (Mar 23) to 4.21, marking a decrease of 0.94.
For Dividend Payout Ratio (NP) (%), as of Mar 24, the value is 14.63. This value is below the healthy minimum of 20. It has increased from 5.70 (Mar 23) to 14.63, marking an increase of 8.93.
For Dividend Payout Ratio (CP) (%), as of Mar 24, the value is 12.25. This value is below the healthy minimum of 20. It has increased from 5.09 (Mar 23) to 12.25, marking an increase of 7.16.
For Earning Retention Ratio (%), as of Mar 24, the value is 85.37. This value exceeds the healthy maximum of 70. It has decreased from 94.30 (Mar 23) to 85.37, marking a decrease of 8.93.
For Cash Earning Retention Ratio (%), as of Mar 24, the value is 87.75. This value exceeds the healthy maximum of 70. It has decreased from 94.91 (Mar 23) to 87.75, marking a decrease of 7.16.
For Interest Coverage Ratio (X), as of Mar 24, the value is 119.13. This value is within the healthy range. It has increased from 109.71 (Mar 23) to 119.13, marking an increase of 9.42.
For Interest Coverage Ratio (Post Tax) (X), as of Mar 24, the value is 77.95. This value is within the healthy range. It has increased from 76.00 (Mar 23) to 77.95, marking an increase of 1.95.
For Enterprise Value (Cr.), as of Mar 24, the value is 2,014.44. It has increased from 1,644.74 (Mar 23) to 2,014.44, marking an increase of 369.70.
For EV / Net Operating Revenue (X), as of Mar 24, the value is 1.12. This value is within the healthy range. It has increased from 0.78 (Mar 23) to 1.12, marking an increase of 0.34.
For EV / EBITDA (X), as of Mar 24, the value is 3.83. This value is below the healthy minimum of 5. It has increased from 2.09 (Mar 23) to 3.83, marking an increase of 1.74.
For MarketCap / Net Operating Revenue (X), as of Mar 24, the value is 1.07. This value is within the healthy range. It has increased from 0.78 (Mar 23) to 1.07, marking an increase of 0.29.
For Retention Ratios (%), as of Mar 24, the value is 85.36. This value exceeds the healthy maximum of 70. It has decreased from 94.29 (Mar 23) to 85.36, marking a decrease of 8.93.
For Price / BV (X), as of Mar 24, the value is 1.02. This value is within the healthy range. It has decreased from 1.04 (Mar 23) to 1.02, marking a decrease of 0.02.
For Price / Net Operating Revenue (X), as of Mar 24, the value is 1.07. This value is within the healthy range. It has increased from 0.78 (Mar 23) to 1.07, marking an increase of 0.29.
For EarningsYield, as of Mar 24, the value is 0.17. This value is below the healthy minimum of 5. It has decreased from 0.31 (Mar 23) to 0.17, marking a decrease of 0.14.

Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Andhra Paper Ltd as of May 23, 2025 is: 64.66

Calculation basis:

Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of May 23, 2025, Andhra Paper Ltd is Overvalued by 17.00% compared to the current share price 77.90

Intrinsic Value of Andhra Paper Ltd as of May 23, 2025 is: 91.58

Calculation basis:

Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of May 23, 2025, Andhra Paper Ltd is Undervalued by 17.56% compared to the current share price 77.90

Last 5 Year EPS CAGR: 41.64%

*Investments are subject to market risks

Strength and Weakness

Strength	Weakness
The stock has a high average ROCE of 17.67%, which is a positive sign. The stock has a low average Working Capital Days of 15.67, which is a positive sign. The company has higher reserves (922.25 cr) compared to borrowings (224.17 cr), indicating strong financial stability. The company has shown consistent growth in sales (74.92 cr) and profit (180.58 cr) over the years.	The stock has a high average Cash Conversion Cycle of 45.75, which may not be favorable.

Stock Analysis

Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Andhra Paper Ltd:
1. Net Profit Margin: 18.86%
  - Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
2. ROCE: 22.63% (Industry Average ROCE: 9.11%)
  - ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
3. ROE%: 17.94% (Industry Average ROE: 10.22%)
  - ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
4. Interest Coverage Ratio (Post Tax): 77.95
  - Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
5. Quick Ratio: 2.49
  - Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
6. Stock P/E: 17.4 (Industry average Stock P/E: 13.31)
  - Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
7. Total Debt / Equity: 0.05
  - Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
Stock Rating:

About the Company - Qualitative Analysis

Andhra Paper Ltd. is a Public Limited Listed company incorporated on 29/06/1964 and has its registered office in the State of Andhra Pradesh, India. Company's Corporate Identification Number(CIN) is L21010AP1964PLC001008 and registration number is 001008. Currently Company is involved in the business activities of Manufacture of paper board, straw board. Company's Total Operating Revenue is Rs. 1541.24 Cr. and Equity Capital is Rs. 39.77 Cr. for the Year ended 31/03/2025.

INDUSTRY	ADDRESS	CONTACT
Paper & Paper Products	Rajahmundry, East Godavari Distri Andhra Pradesh 533105	Bijaykumar.sanku@andhrapaper.com http://www.andhrapaper.com

Management
Name	Position Held
Mr. Shree Kumar Bangur	Chairman & Managing Director
Mr. Virendraa Bangur	Vice Chairman
Mr. Saurabh Bangur	Joint Managing Director
Mr. Mukesh Jain	Executive Director
Mrs. Papia Sengupta	Independent Director
Mr. Sudarshan V Somani	Independent Director
Mr. Arun Kumar Sureka	Independent Director
Mr. Sitaram Sharma	Independent Director
Mr. Virendra Sinha	Independent Director

FAQ

What is the intrinsic value of Andhra Paper Ltd?

Andhra Paper Ltd's intrinsic value (as of 22 May 2025) is ₹64.66 — 17.00% lower the current market price of 77.90, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's 1,549 Cr. market cap, FY2025-2026 high/low of ₹128/65.1, reserves of 1,901 Cr, and liabilities of 2,605 Cr.

What is the Market Cap of Andhra Paper Ltd?

The Market Cap of Andhra Paper Ltd is 1,549 Cr..

What is the current Stock Price of Andhra Paper Ltd as on 22 May 2025?

The current stock price of Andhra Paper Ltd as on 22 May 2025 is 77.9.

What is the High / Low of Andhra Paper Ltd stocks in FY 2025-2026?

In FY 2025-2026, the High / Low of Andhra Paper Ltd stocks is ₹128/65.1.

What is the Stock P/E of Andhra Paper Ltd?

The Stock P/E of Andhra Paper Ltd is 17.4.

What is the Book Value of Andhra Paper Ltd?

The Book Value of Andhra Paper Ltd is 97.6.

What is the Dividend Yield of Andhra Paper Ltd?

The Dividend Yield of Andhra Paper Ltd is 2.57 %.

What is the ROCE of Andhra Paper Ltd?

The ROCE of Andhra Paper Ltd is 6.38 %.

What is the ROE of Andhra Paper Ltd?

The ROE of Andhra Paper Ltd is 4.64 %.

What is the Face Value of Andhra Paper Ltd?

The Face Value of Andhra Paper Ltd is 2.00.