Emami Paper Mills Ltd: Intrinsic Value & Share Price Analysis

Share Price and Basic Stock Data

Last Updated: August 30, 2025, 10:21 am

Quick Insight

Emami Paper Mills Ltd, with a current share price of 93.9 and market capitalization of 568 Cr., is trading at a P/E ratio of 29.1, reflecting investor optimism. However, the company's ROE stands at 4.31% and ROCE at 6.69%, indicating room for improvement in capital efficiency. With a modest OPM of 8.20% and a P/BV ratio of 1.30x, there may be potential for operational enhancement and stock price appreciation. Although the company has healthy reserves of 666 Cr., its borrowing of ₹769Cr raises leverage concerns. Emami Paper Mills' ICR of 3.56x suggests a relatively comfortable debt servicing ability, but the low FII and DII holdings could impact liquidity. In conclusion, while the company shows promise, focusing on enhancing profitability and managing debt levels could be key to unlocking its full potential.

Competitors of Emami Paper Mills Ltd

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Quarterly Result

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: June 16, 2025, 5:38 pm

Balance Sheet

Last Updated: June 16, 2025, 12:12 pm

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 666.00 Cr.. The value appears strong and on an upward trend. It has increased from 518.00 Cr. (Mar 2024) to 666.00 Cr., marking an increase of 148.00 Cr..
• For Borrowings, as of Mar 2025, the value is 769.00 Cr.. The value appears to be improving (decreasing). However, Borrowings exceed Reserves, which may signal higher financial risk. It has decreased from 850.00 Cr. (Mar 2024) to 769.00 Cr., marking a decrease of 81.00 Cr..
• For Other Liabilities, as of Mar 2025, the value is 370.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 334.00 Cr. (Mar 2024) to 370.00 Cr., marking an increase of 36.00 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 (769.00 Cr.) are higher than the Reserves (666.00 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

Free Cash Flow

Financial Efficiency Indicators

Mutual Fund Holdings

Key Financial Ratios

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 24, the value is 2.00. This value is within the healthy range. There is no change compared to the previous period (Mar 23) which recorded 2.00.
• For Basic EPS (Rs.), as of Mar 24, the value is 13.12. This value is within the healthy range. It has increased from 10.62 (Mar 23) to 13.12, marking an increase of 2.50.
• For Diluted EPS (Rs.), as of Mar 24, the value is 10.61. This value is within the healthy range. It has increased from 8.71 (Mar 23) to 10.61, marking an increase of 1.90.
• For Cash EPS (Rs.), as of Mar 24, the value is 23.90. This value is within the healthy range. It has increased from 22.60 (Mar 23) to 23.90, marking an increase of 1.30.
• For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 87.70. It has increased from 75.24 (Mar 23) to 87.70, marking an increase of 12.46.
• For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 87.70. It has increased from 75.24 (Mar 23) to 87.70, marking an increase of 12.46.
• For Dividend / Share (Rs.), as of Mar 24, the value is 1.60. This value is within the healthy range. There is no change compared to the previous period (Mar 23) which recorded 1.60.
• For Revenue From Operations / Share (Rs.), as of Mar 24, the value is 329.56. It has decreased from 381.51 (Mar 23) to 329.56, marking a decrease of 51.95.
• For PBDIT / Share (Rs.), as of Mar 24, the value is 39.61. This value is within the healthy range. It has increased from 37.04 (Mar 23) to 39.61, marking an increase of 2.57.
• For PBIT / Share (Rs.), as of Mar 24, the value is 29.65. This value is within the healthy range. It has increased from 25.87 (Mar 23) to 29.65, marking an increase of 3.78.
• For PBT / Share (Rs.), as of Mar 24, the value is 18.54. This value is within the healthy range. It has increased from 15.39 (Mar 23) to 18.54, marking an increase of 3.15.
• For Net Profit / Share (Rs.), as of Mar 24, the value is 13.93. This value is within the healthy range. It has increased from 11.43 (Mar 23) to 13.93, marking an increase of 2.50.
• For PBDIT Margin (%), as of Mar 24, the value is 12.02. This value is within the healthy range. It has increased from 9.71 (Mar 23) to 12.02, marking an increase of 2.31.
• For PBIT Margin (%), as of Mar 24, the value is 8.99. This value is below the healthy minimum of 10. It has increased from 6.78 (Mar 23) to 8.99, marking an increase of 2.21.
• For PBT Margin (%), as of Mar 24, the value is 5.62. This value is below the healthy minimum of 10. It has increased from 4.03 (Mar 23) to 5.62, marking an increase of 1.59.
• For Net Profit Margin (%), as of Mar 24, the value is 4.22. This value is below the healthy minimum of 5. It has increased from 2.99 (Mar 23) to 4.22, marking an increase of 1.23.
• For Return on Networth / Equity (%), as of Mar 24, the value is 15.88. This value is within the healthy range. It has increased from 15.19 (Mar 23) to 15.88, marking an increase of 0.69.
• For Return on Capital Employeed (%), as of Mar 24, the value is 15.32. This value is within the healthy range. It has increased from 13.81 (Mar 23) to 15.32, marking an increase of 1.51.
• For Return On Assets (%), as of Mar 24, the value is 4.91. This value is below the healthy minimum of 5. It has increased from 3.50 (Mar 23) to 4.91, marking an increase of 1.41.
• For Long Term Debt / Equity (X), as of Mar 24, the value is 0.43. This value is within the healthy range. It has decreased from 0.60 (Mar 23) to 0.43, marking a decrease of 0.17.
• For Total Debt / Equity (X), as of Mar 24, the value is 1.14. This value exceeds the healthy maximum of 1. It has decreased from 1.89 (Mar 23) to 1.14, marking a decrease of 0.75.
• For Asset Turnover Ratio (%), as of Mar 24, the value is 1.08. It has decreased from 1.23 (Mar 23) to 1.08, marking a decrease of 0.15.
• For Current Ratio (X), as of Mar 24, the value is 1.04. This value is below the healthy minimum of 1.5. It has increased from 0.92 (Mar 23) to 1.04, marking an increase of 0.12.
• For Quick Ratio (X), as of Mar 24, the value is 0.58. This value is below the healthy minimum of 1. It has increased from 0.43 (Mar 23) to 0.58, marking an increase of 0.15.
• For Inventory Turnover Ratio (X), as of Mar 24, the value is 4.55. This value is within the healthy range. It has decreased from 5.85 (Mar 23) to 4.55, marking a decrease of 1.30.
• For Dividend Payout Ratio (NP) (%), as of Mar 24, the value is 17.29. This value is below the healthy minimum of 20. It has decreased from 21.07 (Mar 23) to 17.29, marking a decrease of 3.78.
• For Dividend Payout Ratio (CP) (%), as of Mar 24, the value is 10.08. This value is below the healthy minimum of 20. It has decreased from 10.66 (Mar 23) to 10.08, marking a decrease of 0.58.
• For Earning Retention Ratio (%), as of Mar 24, the value is 82.71. This value exceeds the healthy maximum of 70. It has increased from 78.93 (Mar 23) to 82.71, marking an increase of 3.78.
• For Cash Earning Retention Ratio (%), as of Mar 24, the value is 89.92. This value exceeds the healthy maximum of 70. It has increased from 89.34 (Mar 23) to 89.92, marking an increase of 0.58.
• For Interest Coverage Ratio (X), as of Mar 24, the value is 3.56. This value is within the healthy range. It has increased from 3.53 (Mar 23) to 3.56, marking an increase of 0.03.
• For Interest Coverage Ratio (Post Tax) (X), as of Mar 24, the value is 2.25. This value is below the healthy minimum of 3. It has increased from 2.09 (Mar 23) to 2.25, marking an increase of 0.16.
• For Enterprise Value (Cr.), as of Mar 24, the value is 1,535.11. It has decreased from 1,780.70 (Mar 23) to 1,535.11, marking a decrease of 245.59.
• For EV / Net Operating Revenue (X), as of Mar 24, the value is 0.76. This value is below the healthy minimum of 1. It has decreased from 0.77 (Mar 23) to 0.76, marking a decrease of 0.01.
• For EV / EBITDA (X), as of Mar 24, the value is 6.41. This value is within the healthy range. It has decreased from 7.95 (Mar 23) to 6.41, marking a decrease of 1.54.
• For MarketCap / Net Operating Revenue (X), as of Mar 24, the value is 0.34. This value is below the healthy minimum of 1. It has increased from 0.29 (Mar 23) to 0.34, marking an increase of 0.05.
• For Retention Ratios (%), as of Mar 24, the value is 82.70. This value exceeds the healthy maximum of 70. It has increased from 78.92 (Mar 23) to 82.70, marking an increase of 3.78.
• For Price / BV (X), as of Mar 24, the value is 1.30. This value is within the healthy range. It has decreased from 1.49 (Mar 23) to 1.30, marking a decrease of 0.19.
• For Price / Net Operating Revenue (X), as of Mar 24, the value is 0.34. This value is below the healthy minimum of 1. It has increased from 0.29 (Mar 23) to 0.34, marking an increase of 0.05.
• For EarningsYield, as of Mar 24, the value is 0.12. This value is below the healthy minimum of 5. It has increased from 0.10 (Mar 23) to 0.12, marking an increase of 0.02.

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

Fair Value

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