Share Price and Basic Stock Data
Last Updated: November 20, 2025, 7:01 pm
| PEG Ratio | -1.01 |
|---|
Analyst Insight & Comprehensive Analysis
Business Overview and Revenue Trends
Emami Paper Mills Ltd operates in the Paper & Paper Products industry, with a current market capitalization of ₹566 Cr and a share price of ₹94.2. The company reported sales of ₹2,381 Cr for the fiscal year ending March 2023, marking a notable increase from ₹1,958 Cr in the previous year. However, revenue has shown volatility, declining to ₹1,994 Cr in the subsequent fiscal year and projected at ₹1,928 Cr for FY 2025. Quarterly sales data reveals a downward trend in recent quarters, with sales recorded at ₹436.64 Cr in September 2023, down from ₹612.43 Cr in September 2022. This declining trend in revenue raises concerns about demand stability and market competitiveness. Emami’s operating profit margins (OPM) also fluctuated significantly, from a high of 17.35% in June 2022 to a low of 3.43% in March 2023, indicating challenges in cost management and pricing power. Overall, while Emami Paper Mills has experienced revenue growth historically, recent trends suggest a need for strategic adjustments to reverse declining sales momentum.
Profitability and Efficiency Metrics
The profitability metrics for Emami Paper Mills indicate mixed performance, with a reported net profit of ₹19 Cr for the fiscal year ending March 2023, down from ₹69 Cr the previous year. The net profit margin stood at 1.34% in FY 2025, significantly lower than the industry norm, which typically ranges between 5% to 10% for similar companies. The return on equity (ROE) is currently at 4.80%, which is below optimal levels, suggesting inefficient use of equity capital. The company recorded an interest coverage ratio (ICR) of 2.39x, reflecting sufficient earnings to cover interest expenses, although this is on the lower end of the desirable range. The cash conversion cycle (CCC) of 110 days also points to inefficiencies in working capital management, as it is higher than the typical sector benchmark of 60-90 days. Overall, while Emami has demonstrated resilience in maintaining positive profitability, the metrics indicate significant room for improvement in operational efficiency and cost control.
Balance Sheet Strength and Financial Ratios
Emami Paper Mills’ balance sheet reveals total assets of ₹1,817 Cr, with total borrowings at ₹941 Cr, leading to a debt-to-equity ratio of 1.50x. This ratio is higher than the typical industry standard, suggesting a reliance on debt financing that may pose risks in a rising interest rate environment. The company’s reserves stood at ₹499 Cr, which provides a cushion against financial downturns. However, the low return on capital employed (ROCE) at 8.10% indicates suboptimal utilization of capital, reflecting challenges in generating adequate returns from its asset base. The current ratio of 1.05x suggests a marginally adequate liquidity position, although it is close to the critical threshold of 1.0, indicating potential liquidity strain. The book value per share is reported at ₹84.52, and the price-to-book value (P/BV) ratio is 0.98x, suggesting that the stock may be undervalued compared to its net asset value. Overall, while Emami maintains a solid asset base, the financial ratios indicate vulnerabilities that require careful monitoring.
Shareholding Pattern and Investor Confidence
The shareholding pattern of Emami Paper Mills reflects a strong promoter holding of 74.97%, indicating significant insider confidence in the company’s future prospects. However, foreign institutional investors (FIIs) hold a mere 0.53%, and domestic institutional investors (DIIs) have reduced their stake to 0.04%, which raises concerns about external investor confidence. Public shareholding has increased slightly to 24.45%, with the number of shareholders reported at 20,191, suggesting a growing retail investor interest. The decline in institutional participation could be indicative of concerns regarding the company’s recent performance and future growth prospects. The dividend payout ratio for FY 2025 is 37.21%, reflecting a commitment to returning value to shareholders, albeit lower than previous years. Overall, while the promoter’s significant stake provides stability, the low institutional interest could hinder broader market confidence and stock liquidity.
Outlook, Risks, and Final Insight
Looking forward, Emami Paper Mills faces several challenges and opportunities. The company must address declining sales and profitability metrics to regain investor confidence and improve market positioning. Key risks include high debt levels, which could strain cash flows in a rising interest rate environment, and the need for efficient working capital management, as evidenced by the elevated cash conversion cycle. Additionally, maintaining margins in a competitive market will require effective cost management strategies. However, the strong promoter holding provides a level of stability, and a focus on operational improvements could yield positive results. Emami Paper Mills has the potential to enhance operational efficiency, but it must navigate these risks carefully to capitalize on growth opportunities in the evolving paper products market.
Source: Getaka Fundamental Analysis | Generated using proprietary financial data.
Competitors of Emami Paper Mills Ltd
| Stock Name ⇩ | Market Cap ⇩ | Current Price ⇩ | High / Low ⇩ | Stock P/E ⇩ | Book Value ⇩ | Dividend Yield ⇩ | ROCE ⇩ | ROE ⇩ | Face Value ⇩ |
|---|---|---|---|---|---|---|---|---|---|
| Mohit Paper Mills Ltd | 46.9 Cr. | 33.5 | 46.0/25.4 | 7.34 | 39.0 | 0.00 % | 12.0 % | 13.6 % | 10.0 |
| Gratex Industries Ltd | 5.62 Cr. | 18.6 | 28.4/14.2 | 51.1 | 12.2 | 0.00 % | 3.85 % | 2.52 % | 10.0 |
| Ganga Papers India Ltd | 88.5 Cr. | 82.0 | 118/75.1 | 58.6 | 29.0 | 0.00 % | 6.44 % | 5.19 % | 10.0 |
| Encode Packaging India Ltd | 4.08 Cr. | 13.0 | 19.0/10.8 | 10.3 | 0.00 % | 2.06 % | 2.12 % | 10.0 | |
| Cella Space Ltd | 28.4 Cr. | 14.1 | 19.3/9.11 | 29.6 | 10.3 | 0.00 % | 10.7 % | % | 10.0 |
| Industry Average | 791.36 Cr | 80.00 | 43.67 | 107.44 | 0.69% | 9.32% | 134.80% | 6.50 |
Quarterly Result
| Metric | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 598.07 | 612.43 | 564.91 | 552.30 | 539.25 | 436.64 | 515.26 | 484.47 | 503.69 | 495.09 | 454.31 | 474.95 | 459.76 |
| Expenses | 494.28 | 547.41 | 531.00 | 533.36 | 504.21 | 384.79 | 433.82 | 414.45 | 460.46 | 457.83 | 424.23 | 443.84 | 422.08 |
| Operating Profit | 103.79 | 65.02 | 33.91 | 18.94 | 35.04 | 51.85 | 81.44 | 70.02 | 43.23 | 37.26 | 30.08 | 31.11 | 37.68 |
| OPM % | 17.35% | 10.62% | 6.00% | 3.43% | 6.50% | 11.87% | 15.81% | 14.45% | 8.58% | 7.53% | 6.62% | 6.55% | 8.20% |
| Other Income | 0.42 | 0.37 | 0.60 | 0.99 | 0.46 | 0.21 | 0.84 | 1.81 | 0.65 | 0.57 | 1.49 | 1.75 | 1.60 |
| Interest | 15.91 | 13.80 | 15.50 | 18.14 | 20.11 | 17.41 | 16.24 | 15.50 | 13.86 | 14.79 | 16.61 | 15.80 | 17.05 |
| Depreciation | 16.50 | 16.72 | 17.08 | 17.29 | 13.61 | 12.49 | 13.24 | 20.93 | 12.56 | 12.91 | 13.17 | 13.05 | 12.88 |
| Profit before tax | 71.80 | 34.87 | 1.93 | -15.50 | 1.78 | 22.16 | 52.80 | 35.40 | 17.46 | 10.13 | 1.79 | 4.01 | 9.35 |
| Tax % | 24.79% | 28.22% | 26.94% | -27.29% | 25.28% | 25.99% | 25.44% | 23.19% | 26.69% | 25.07% | 5.03% | 2.24% | 32.51% |
| Net Profit | 54.00 | 25.03 | 1.41 | -11.27 | 1.33 | 16.40 | 39.37 | 27.19 | 12.80 | 7.59 | 1.70 | 3.92 | 6.31 |
| EPS in Rs | 8.93 | 4.14 | 0.23 | -1.86 | 0.22 | 2.71 | 6.51 | 4.49 | 2.12 | 1.25 | 0.28 | 0.65 | 1.04 |
Last Updated: August 1, 2025, 9:45 pm
Below is a detailed analysis of the quarterly data for Emami Paper Mills Ltd based on the most recent figures (Jun 2025) and their trends compared to the previous period:
- For Sales, as of Jun 2025, the value is 459.76 Cr.. The value appears to be declining and may need further review. It has decreased from 474.95 Cr. (Mar 2025) to 459.76 Cr., marking a decrease of 15.19 Cr..
- For Expenses, as of Jun 2025, the value is 422.08 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 443.84 Cr. (Mar 2025) to 422.08 Cr., marking a decrease of 21.76 Cr..
- For Operating Profit, as of Jun 2025, the value is 37.68 Cr.. The value appears strong and on an upward trend. It has increased from 31.11 Cr. (Mar 2025) to 37.68 Cr., marking an increase of 6.57 Cr..
- For OPM %, as of Jun 2025, the value is 8.20%. The value appears strong and on an upward trend. It has increased from 6.55% (Mar 2025) to 8.20%, marking an increase of 1.65%.
- For Other Income, as of Jun 2025, the value is 1.60 Cr.. The value appears to be declining and may need further review. It has decreased from 1.75 Cr. (Mar 2025) to 1.60 Cr., marking a decrease of 0.15 Cr..
- For Interest, as of Jun 2025, the value is 17.05 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 15.80 Cr. (Mar 2025) to 17.05 Cr., marking an increase of 1.25 Cr..
- For Depreciation, as of Jun 2025, the value is 12.88 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 13.05 Cr. (Mar 2025) to 12.88 Cr., marking a decrease of 0.17 Cr..
- For Profit before tax, as of Jun 2025, the value is 9.35 Cr.. The value appears strong and on an upward trend. It has increased from 4.01 Cr. (Mar 2025) to 9.35 Cr., marking an increase of 5.34 Cr..
- For Tax %, as of Jun 2025, the value is 32.51%. The value appears to be increasing, which may not be favorable. It has increased from 2.24% (Mar 2025) to 32.51%, marking an increase of 30.27%.
- For Net Profit, as of Jun 2025, the value is 6.31 Cr.. The value appears strong and on an upward trend. It has increased from 3.92 Cr. (Mar 2025) to 6.31 Cr., marking an increase of 2.39 Cr..
- For EPS in Rs, as of Jun 2025, the value is 1.04. The value appears strong and on an upward trend. It has increased from 0.65 (Mar 2025) to 1.04, marking an increase of 0.39.
Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.
Profit & Loss - Annual Report
Last Updated: November 15, 2025, 5:26 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 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 547 | 521 | 539 | 1,140 | 1,356 | 1,538 | 1,515 | 1,216 | 1,958 | 2,381 | 1,994 | 1,928 | 1,840 |
| Expenses | 476 | 470 | 491 | 1,012 | 1,195 | 1,300 | 1,307 | 1,038 | 1,644 | 2,159 | 1,758 | 1,786 | 1,704 |
| Operating Profit | 70 | 51 | 47 | 128 | 161 | 239 | 209 | 178 | 314 | 222 | 236 | 142 | 135 |
| OPM % | 13% | 10% | 9% | 11% | 12% | 16% | 14% | 15% | 16% | 9% | 12% | 7% | 7% |
| Other Income | 3 | 8 | 6 | 24 | 11 | 4 | -23 | 92 | -4 | 2 | 3 | 4 | 10 |
| Interest | 19 | 15 | 16 | 70 | 84 | 107 | 117 | 95 | 83 | 63 | 67 | 61 | 67 |
| Depreciation | 32 | 27 | 27 | 56 | 64 | 69 | 73 | 72 | 74 | 68 | 60 | 52 | 53 |
| Profit before tax | 23 | 17 | 11 | 26 | 24 | 66 | -5 | 103 | 153 | 93 | 112 | 33 | 25 |
| Tax % | 20% | 30% | -158% | 27% | 32% | 34% | 131% | 50% | 25% | 26% | 25% | 22% | |
| Net Profit | 19 | 12 | 28 | 19 | 16 | 44 | -10 | 51 | 115 | 69 | 84 | 26 | 19 |
| EPS in Rs | 3.08 | 2.01 | 4.61 | 3.15 | 2.71 | 7.27 | -1.73 | 8.44 | 18.98 | 11.43 | 13.93 | 4.30 | 3.06 |
| Dividend Payout % | 20% | 30% | 13% | 19% | 44% | 16% | 0% | 0% | 8% | 14% | 11% | 37% |
YoY Net Profit Growth
| Year | 2014-2015 | 2015-2016 | 2016-2017 | 2017-2018 | 2018-2019 | 2019-2020 | 2020-2021 | 2021-2022 | 2022-2023 | 2023-2024 | 2024-2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| YoY Net Profit Growth (%) | -36.84% | 133.33% | -32.14% | -15.79% | 175.00% | -122.73% | 610.00% | 125.49% | -40.00% | 21.74% | -69.05% |
| Change in YoY Net Profit Growth (%) | 0.00% | 170.18% | -165.48% | 16.35% | 190.79% | -297.73% | 732.73% | -484.51% | -165.49% | 61.74% | -90.79% |
Emami Paper Mills Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2014-2015 to 2024-2025.
Growth
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 14% |
| 5 Years: | 5% |
| 3 Years: | -1% |
| TTM: | -3% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 10% |
| 5 Years: | 19% |
| 3 Years: | -41% |
| TTM: | -80% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 8% |
| 5 Years: | 9% |
| 3 Years: | -16% |
| 1 Year: | -18% |
| Return on Equity | |
|---|---|
| 10 Years: | 11% |
| 5 Years: | 14% |
| 3 Years: | 12% |
| Last Year: | 5% |
Last Updated: September 5, 2025, 3:30 am
Balance Sheet
Last Updated: October 10, 2025, 1:58 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 | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 12 |
| Reserves | 306 | 359 | 376 | 222 | 231 | 246 | 207 | 284 | 397 | 443 | 518 | 499 |
| Borrowings | 598 | 897 | 1,135 | 1,392 | 1,530 | 1,548 | 1,401 | 1,151 | 1,029 | 1,102 | 850 | 941 |
| Other Liabilities | 81 | 142 | 134 | 186 | 191 | 305 | 298 | 341 | 340 | 419 | 334 | 364 |
| Total Liabilities | 997 | 1,409 | 1,658 | 1,812 | 1,964 | 2,111 | 1,918 | 1,788 | 1,779 | 1,976 | 1,714 | 1,817 |
| Fixed Assets | 452 | 448 | 1,195 | 1,220 | 1,282 | 1,297 | 1,298 | 1,225 | 1,161 | 1,148 | 1,085 | 1,059 |
| CWIP | 167 | 620 | 5 | 5 | 9 | 103 | 1 | 0 | 31 | 4 | 10 | 4 |
| Investments | 1 | 1 | 1 | 56 | 56 | 44 | 24 | 54 | 49 | 39 | 45 | 59 |
| Other Assets | 377 | 341 | 458 | 532 | 618 | 667 | 595 | 509 | 538 | 785 | 574 | 695 |
| Total Assets | 997 | 1,409 | 1,658 | 1,812 | 1,964 | 2,111 | 1,918 | 1,788 | 1,779 | 1,976 | 1,714 | 1,817 |
Below is a detailed analysis of the balance sheet data for Emami Paper Mills 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 12.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 12.00 Cr..
- For Reserves, as of Mar 2025, the value is 499.00 Cr.. The value appears to be declining and may need further review. It has decreased from 518.00 Cr. (Mar 2024) to 499.00 Cr., marking a decrease of 19.00 Cr..
- For Borrowings, as of Mar 2025, the value is 941.00 Cr.. The value appears to be increasing, which may not be favorable. However, Borrowings exceed Reserves, which may signal higher financial risk. It has increased from 850.00 Cr. (Mar 2024) to 941.00 Cr., marking an increase of 91.00 Cr..
- For Other Liabilities, as of Mar 2025, the value is 364.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 334.00 Cr. (Mar 2024) to 364.00 Cr., marking an increase of 30.00 Cr..
- For Total Liabilities, as of Mar 2025, the value is 1,817.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 1,714.00 Cr. (Mar 2024) to 1,817.00 Cr., marking an increase of 103.00 Cr..
- For Fixed Assets, as of Mar 2025, the value is 1,059.00 Cr.. The value appears to be declining and may need further review. It has decreased from 1,085.00 Cr. (Mar 2024) to 1,059.00 Cr., marking a decrease of 26.00 Cr..
- For CWIP, as of Mar 2025, the value is 4.00 Cr.. The value appears to be declining and may need further review. It has decreased from 10.00 Cr. (Mar 2024) to 4.00 Cr., marking a decrease of 6.00 Cr..
- For Investments, as of Mar 2025, the value is 59.00 Cr.. The value appears strong and on an upward trend. It has increased from 45.00 Cr. (Mar 2024) to 59.00 Cr., marking an increase of 14.00 Cr..
- For Other Assets, as of Mar 2025, the value is 695.00 Cr.. The value appears strong and on an upward trend. It has increased from 574.00 Cr. (Mar 2024) to 695.00 Cr., marking an increase of 121.00 Cr..
- For Total Assets, as of Mar 2025, the value is 1,817.00 Cr.. The value appears strong and on an upward trend. It has increased from 1,714.00 Cr. (Mar 2024) to 1,817.00 Cr., marking an increase of 103.00 Cr..
However, the Borrowings (941.00 Cr.) are higher than the Reserves (499.00 Cr.), which may signal higher financial risk.
Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.
Cash Flow - No data available for this post.
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 | -528.00 | -846.00 | 46.00 | 127.00 | 160.00 | 238.00 | 208.00 | 177.00 | 313.00 | 221.00 | -614.00 | -799.00 |
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.
Financial Efficiency Indicators
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 31 | 31 | 70 | 48 | 60 | 50 | 50 | 60 | 41 | 40 | 48 | 48 |
| Inventory Days | 87 | 136 | 192 | 117 | 111 | 133 | 111 | 108 | 67 | 91 | 69 | 103 |
| Days Payable | 30 | 83 | 84 | 42 | 36 | 75 | 76 | 88 | 47 | 46 | 33 | 40 |
| Cash Conversion Cycle | 87 | 84 | 178 | 123 | 135 | 107 | 86 | 80 | 61 | 84 | 84 | 110 |
| Working Capital Days | -50 | -53 | -93 | -38 | -29 | -56 | -68 | -77 | -20 | -10 | 1 | 4 |
| ROCE % | 5% | 2% | 2% | 6% | 6% | 10% | 8% | 8% | 17% | 10% | 12% | 7% |
Mutual Fund Holdings
| Fund Name | No of Shares | AUM (%) | Amount Invested (Cr) | Previous Number of Shares | Previous Date | Percentage Change |
|---|---|---|---|---|---|---|
| HSBC Small Cap Fund - Regular Plan | 1,855,505 | 0.17 | 24.23 | 1,855,505 | 2025-04-22 17:25:36 | 0% |
Key Financial Ratios
| Month | Mar 25 | Mar 24 | Mar 23 | Mar 22 | Mar 21 |
|---|---|---|---|---|---|
| FaceValue | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 |
| Basic EPS (Rs.) | 3.49 | 13.12 | 10.62 | 18.17 | 8.43 |
| Diluted EPS (Rs.) | 3.32 | 10.61 | 8.71 | 14.45 | 8.40 |
| Cash EPS (Rs.) | 12.84 | 23.90 | 22.60 | 31.19 | 20.36 |
| Book Value[Excl.RevalReserv]/Share (Rs.) | 84.52 | 87.70 | 75.24 | 67.69 | 48.92 |
| Book Value[Incl.RevalReserv]/Share (Rs.) | 84.52 | 87.70 | 75.24 | 67.69 | 48.92 |
| Dividend / Share (Rs.) | 1.60 | 1.60 | 1.60 | 1.60 | 0.00 |
| Revenue From Operations / Share (Rs.) | 318.68 | 329.56 | 381.51 | 323.59 | 201.04 |
| PBDIT / Share (Rs.) | 24.18 | 39.61 | 37.04 | 52.17 | 32.66 |
| PBIT / Share (Rs.) | 15.63 | 29.65 | 25.87 | 39.96 | 20.73 |
| PBT / Share (Rs.) | 5.52 | 18.54 | 15.39 | 25.35 | 16.96 |
| Net Profit / Share (Rs.) | 4.30 | 13.93 | 11.43 | 18.98 | 8.44 |
| PBDIT Margin (%) | 7.58 | 12.02 | 9.71 | 16.12 | 16.24 |
| PBIT Margin (%) | 4.90 | 8.99 | 6.78 | 12.34 | 10.31 |
| PBT Margin (%) | 1.73 | 5.62 | 4.03 | 7.83 | 8.43 |
| Net Profit Margin (%) | 1.34 | 4.22 | 2.99 | 5.86 | 4.19 |
| Return on Networth / Equity (%) | 5.08 | 15.88 | 15.19 | 28.03 | 17.25 |
| Return on Capital Employeed (%) | 8.10 | 15.32 | 13.81 | 21.13 | 11.94 |
| Return On Assets (%) | 1.43 | 4.91 | 3.50 | 6.45 | 2.85 |
| Long Term Debt / Equity (X) | 0.61 | 0.43 | 0.60 | 0.84 | 1.37 |
| Total Debt / Equity (X) | 1.50 | 1.14 | 1.89 | 1.92 | 2.38 |
| Asset Turnover Ratio (%) | 1.09 | 1.08 | 1.23 | 1.10 | 0.65 |
| Current Ratio (X) | 1.05 | 1.04 | 0.92 | 0.83 | 0.67 |
| Quick Ratio (X) | 0.48 | 0.58 | 0.43 | 0.47 | 0.37 |
| Inventory Turnover Ratio (X) | 6.26 | 4.55 | 5.85 | 6.17 | 2.90 |
| Dividend Payout Ratio (NP) (%) | 37.21 | 17.29 | 21.07 | 0.06 | 0.00 |
| Dividend Payout Ratio (CP) (%) | 12.45 | 10.08 | 10.66 | 0.03 | 0.00 |
| Earning Retention Ratio (%) | 62.79 | 82.71 | 78.93 | 99.94 | 0.00 |
| Cash Earning Retention Ratio (%) | 87.55 | 89.92 | 89.34 | 99.97 | 0.00 |
| Interest Coverage Ratio (X) | 2.39 | 3.56 | 3.53 | 3.83 | 2.07 |
| Interest Coverage Ratio (Post Tax) (X) | 1.43 | 2.25 | 2.09 | 2.47 | 0.77 |
| Enterprise Value (Cr.) | 1441.44 | 1535.11 | 1780.70 | 2018.06 | 1679.79 |
| EV / Net Operating Revenue (X) | 0.74 | 0.76 | 0.77 | 1.03 | 1.38 |
| EV / EBITDA (X) | 9.85 | 6.41 | 7.95 | 6.39 | 8.50 |
| MarketCap / Net Operating Revenue (X) | 0.26 | 0.34 | 0.29 | 0.50 | 0.61 |
| Retention Ratios (%) | 62.78 | 82.70 | 78.92 | 99.93 | 0.00 |
| Price / BV (X) | 0.98 | 1.30 | 1.49 | 2.42 | 2.52 |
| Price / Net Operating Revenue (X) | 0.26 | 0.34 | 0.29 | 0.50 | 0.61 |
| EarningsYield | 0.05 | 0.12 | 0.10 | 0.11 | 0.06 |
After reviewing the key financial ratios for Emami Paper Mills Ltd, here is a detailed analysis based on the latest available data and recent trends:
- For FaceValue, as of Mar 25, the value is 2.00. This value is within the healthy range. There is no change compared to the previous period (Mar 24) which recorded 2.00.
- For Basic EPS (Rs.), as of Mar 25, the value is 3.49. This value is below the healthy minimum of 5. It has decreased from 13.12 (Mar 24) to 3.49, marking a decrease of 9.63.
- For Diluted EPS (Rs.), as of Mar 25, the value is 3.32. This value is below the healthy minimum of 5. It has decreased from 10.61 (Mar 24) to 3.32, marking a decrease of 7.29.
- For Cash EPS (Rs.), as of Mar 25, the value is 12.84. This value is within the healthy range. It has decreased from 23.90 (Mar 24) to 12.84, marking a decrease of 11.06.
- For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 84.52. It has decreased from 87.70 (Mar 24) to 84.52, marking a decrease of 3.18.
- For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 84.52. It has decreased from 87.70 (Mar 24) to 84.52, marking a decrease of 3.18.
- For Dividend / Share (Rs.), as of Mar 25, the value is 1.60. This value is within the healthy range. There is no change compared to the previous period (Mar 24) which recorded 1.60.
- For Revenue From Operations / Share (Rs.), as of Mar 25, the value is 318.68. It has decreased from 329.56 (Mar 24) to 318.68, marking a decrease of 10.88.
- For PBDIT / Share (Rs.), as of Mar 25, the value is 24.18. This value is within the healthy range. It has decreased from 39.61 (Mar 24) to 24.18, marking a decrease of 15.43.
- For PBIT / Share (Rs.), as of Mar 25, the value is 15.63. This value is within the healthy range. It has decreased from 29.65 (Mar 24) to 15.63, marking a decrease of 14.02.
- For PBT / Share (Rs.), as of Mar 25, the value is 5.52. This value is within the healthy range. It has decreased from 18.54 (Mar 24) to 5.52, marking a decrease of 13.02.
- For Net Profit / Share (Rs.), as of Mar 25, the value is 4.30. This value is within the healthy range. It has decreased from 13.93 (Mar 24) to 4.30, marking a decrease of 9.63.
- For PBDIT Margin (%), as of Mar 25, the value is 7.58. This value is below the healthy minimum of 10. It has decreased from 12.02 (Mar 24) to 7.58, marking a decrease of 4.44.
- For PBIT Margin (%), as of Mar 25, the value is 4.90. This value is below the healthy minimum of 10. It has decreased from 8.99 (Mar 24) to 4.90, marking a decrease of 4.09.
- For PBT Margin (%), as of Mar 25, the value is 1.73. This value is below the healthy minimum of 10. It has decreased from 5.62 (Mar 24) to 1.73, marking a decrease of 3.89.
- For Net Profit Margin (%), as of Mar 25, the value is 1.34. This value is below the healthy minimum of 5. It has decreased from 4.22 (Mar 24) to 1.34, marking a decrease of 2.88.
- For Return on Networth / Equity (%), as of Mar 25, the value is 5.08. This value is below the healthy minimum of 15. It has decreased from 15.88 (Mar 24) to 5.08, marking a decrease of 10.80.
- For Return on Capital Employeed (%), as of Mar 25, the value is 8.10. This value is below the healthy minimum of 10. It has decreased from 15.32 (Mar 24) to 8.10, marking a decrease of 7.22.
- For Return On Assets (%), as of Mar 25, the value is 1.43. This value is below the healthy minimum of 5. It has decreased from 4.91 (Mar 24) to 1.43, marking a decrease of 3.48.
- For Long Term Debt / Equity (X), as of Mar 25, the value is 0.61. This value is within the healthy range. It has increased from 0.43 (Mar 24) to 0.61, marking an increase of 0.18.
- For Total Debt / Equity (X), as of Mar 25, the value is 1.50. This value exceeds the healthy maximum of 1. It has increased from 1.14 (Mar 24) to 1.50, marking an increase of 0.36.
- For Asset Turnover Ratio (%), as of Mar 25, the value is 1.09. It has increased from 1.08 (Mar 24) to 1.09, marking an increase of 0.01.
- For Current Ratio (X), as of Mar 25, the value is 1.05. This value is below the healthy minimum of 1.5. It has increased from 1.04 (Mar 24) to 1.05, marking an increase of 0.01.
- For Quick Ratio (X), as of Mar 25, the value is 0.48. This value is below the healthy minimum of 1. It has decreased from 0.58 (Mar 24) to 0.48, marking a decrease of 0.10.
- For Inventory Turnover Ratio (X), as of Mar 25, the value is 6.26. This value is within the healthy range. It has increased from 4.55 (Mar 24) to 6.26, marking an increase of 1.71.
- For Dividend Payout Ratio (NP) (%), as of Mar 25, the value is 37.21. This value is within the healthy range. It has increased from 17.29 (Mar 24) to 37.21, marking an increase of 19.92.
- For Dividend Payout Ratio (CP) (%), as of Mar 25, the value is 12.45. This value is below the healthy minimum of 20. It has increased from 10.08 (Mar 24) to 12.45, marking an increase of 2.37.
- For Earning Retention Ratio (%), as of Mar 25, the value is 62.79. This value is within the healthy range. It has decreased from 82.71 (Mar 24) to 62.79, marking a decrease of 19.92.
- For Cash Earning Retention Ratio (%), as of Mar 25, the value is 87.55. This value exceeds the healthy maximum of 70. It has decreased from 89.92 (Mar 24) to 87.55, marking a decrease of 2.37.
- For Interest Coverage Ratio (X), as of Mar 25, the value is 2.39. This value is below the healthy minimum of 3. It has decreased from 3.56 (Mar 24) to 2.39, marking a decrease of 1.17.
- For Interest Coverage Ratio (Post Tax) (X), as of Mar 25, the value is 1.43. This value is below the healthy minimum of 3. It has decreased from 2.25 (Mar 24) to 1.43, marking a decrease of 0.82.
- For Enterprise Value (Cr.), as of Mar 25, the value is 1,441.44. It has decreased from 1,535.11 (Mar 24) to 1,441.44, marking a decrease of 93.67.
- For EV / Net Operating Revenue (X), as of Mar 25, the value is 0.74. This value is below the healthy minimum of 1. It has decreased from 0.76 (Mar 24) to 0.74, marking a decrease of 0.02.
- For EV / EBITDA (X), as of Mar 25, the value is 9.85. This value is within the healthy range. It has increased from 6.41 (Mar 24) to 9.85, marking an increase of 3.44.
- For MarketCap / Net Operating Revenue (X), as of Mar 25, the value is 0.26. This value is below the healthy minimum of 1. It has decreased from 0.34 (Mar 24) to 0.26, marking a decrease of 0.08.
- For Retention Ratios (%), as of Mar 25, the value is 62.78. This value is within the healthy range. It has decreased from 82.70 (Mar 24) to 62.78, marking a decrease of 19.92.
- For Price / BV (X), as of Mar 25, the value is 0.98. This value is below the healthy minimum of 1. It has decreased from 1.30 (Mar 24) to 0.98, marking a decrease of 0.32.
- For Price / Net Operating Revenue (X), as of Mar 25, the value is 0.26. This value is below the healthy minimum of 1. It has decreased from 0.34 (Mar 24) to 0.26, marking a decrease of 0.08.
- For EarningsYield, as of Mar 25, the value is 0.05. This value is below the healthy minimum of 5. It has decreased from 0.12 (Mar 24) to 0.05, marking a decrease of 0.07.
Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.
Strength and Weakness
| Strength | Weakness |
|---|---|
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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 Emami Paper Mills Ltd:
- Net Profit Margin: 1.34%
- 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.
- ROCE: 8.1% (Industry Average ROCE: 9.32%)
- 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.
- ROE%: 5.08% (Industry Average ROE: 134.8%)
- ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
- Interest Coverage Ratio (Post Tax): 1.43
- 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.
- Quick Ratio: 0.48
- 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.
- Stock P/E: 31 (Industry average Stock P/E: 43.67)
- 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.
- Total Debt / Equity: 1.5
- 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.
Stock Rating: - Net Profit Margin: 1.34%
About the Company - Qualitative Analysis
| INDUSTRY | ADDRESS | CONTACT |
|---|---|---|
| Paper & Paper Products | 687, Anandapur, 1st Floor, Kolkata West Bengal 700107 | investor.relations@emamipaper.com http://www.emamipaper.in |
| Management | |
|---|---|
| Name | Position Held |
| Mr. Aditya V Agarwal | Executive Chairman |
| Mr. Manish Goenka | Vice Chairman |
| Mr. Vivek Chawla | WholeTime Director & CEO |
| Mr. P S Patwari | Non Executive Director |
| Mrs. Richa Agarwal | Non Executive Director |
| Mr. Sumit Banerjee | Independent Director |
| Mr. Amit Kiran Deb | Independent Director |
| Mrs. Mamta Binani | Independent Director |
| Mr. Ranjit Kumar Pachnanda | Independent Director |
| Mr. Niraj Jalan | Independent Director |
FAQ
What is the intrinsic value of Emami Paper Mills Ltd?
Emami Paper Mills Ltd's intrinsic value (as of 20 November 2025) is 116.45 which is 23.10% higher the current market price of 94.60, indicating undervalued. Calculated using the PE ratio method, this valuation considers the company's 574 Cr. market cap, FY2025-2026 high/low of 128/78.0, reserves of ₹499 Cr, and liabilities of 1,817 Cr.
What is the Market Cap of Emami Paper Mills Ltd?
The Market Cap of Emami Paper Mills Ltd is 574 Cr..
What is the current Stock Price of Emami Paper Mills Ltd as on 20 November 2025?
The current stock price of Emami Paper Mills Ltd as on 20 November 2025 is 94.6.
What is the High / Low of Emami Paper Mills Ltd stocks in FY 2025-2026?
In FY 2025-2026, the High / Low of Emami Paper Mills Ltd stocks is 128/78.0.
What is the Stock P/E of Emami Paper Mills Ltd?
The Stock P/E of Emami Paper Mills Ltd is 31.0.
What is the Book Value of Emami Paper Mills Ltd?
The Book Value of Emami Paper Mills Ltd is 96.2.
What is the Dividend Yield of Emami Paper Mills Ltd?
The Dividend Yield of Emami Paper Mills Ltd is 1.69 %.
What is the ROCE of Emami Paper Mills Ltd?
The ROCE of Emami Paper Mills Ltd is 6.58 %.
What is the ROE of Emami Paper Mills Ltd?
The ROE of Emami Paper Mills Ltd is 4.80 %.
What is the Face Value of Emami Paper Mills Ltd?
The Face Value of Emami Paper Mills Ltd is 2.00.