Kuantum Papers Ltd: Intrinsic Value & Share Price Analysis

Fair Value

₹77.85Fairly Valued by 2.93%vs CMP ₹80.20

P/E (19.4) × ROE (3.5%) × BV (₹141.00) × DY (3.12%)

₹109.25Undervalued by 36.22%vs CMP ₹80.20

MoS: +26.6% (Adequate)Confidence: 48/100 (Moderate)Models: 5 Under, 4 Over

Model	Category	Value	Weight	Signal
PE-ROE	Earnings	₹102.69	23%	Under (+28%)
Graham Number	Earnings	₹139.68	17%	Under (+74.2%)
Earnings Power	Earnings	₹34.47	11%	Over (-57%)
DCF	Cash Flow	₹52.11	11%	Over (-35%)
Net Asset Value	Assets	₹140.81	7%	Under (+75.6%)
EV/EBITDA	Enterprise	₹314.15	9%	Under (+291.7%)
Earnings Yield	Earnings	₹61.50	7%	Over (-23.3%)
ROCE Capital	Returns	₹6.01	7%	Over (-92.5%)
Revenue Multiple	Revenue	₹126.83	6%	Under (+58.1%)
Consensus (9 models)		₹109.25	100%	Undervalued

Key Drivers: EPS CAGR 31.9% lifts DCF — verify sustainability. | ROE 3.5% is below cost of equity.

PE-ROE · Graham · EPV · DCF · NAV · EV/EBITDA · DDM · Earnings Yield · ROCE Capital · Revenue Multiple | CoE: 12% · Terminal: 4% · EPS CAGR: 31.9%

*Investments are subject to market risks

Analysis summary

Data coverage: Price-data record updated 25 September 2026, 4:54 am +05:30. Annual results through Mar 2025; quarterly results through Dec 2025; cash flow through Mar 2026. Each section can have a different reporting period. The share price is not live.

Valuation in context

Operating performance

Revenue for Mar 2025 was ₹1,107.00 Cr, versus ₹1,211.00 Cr in Mar 2024 (-8.6% year on year). Net profit for Mar 2025 was ₹115.00 Cr, versus ₹184.00 Cr in Mar 2024 (-37.5% year on year). These are the latest annual periods stored on this page; check the quarterly table separately for more recent developments.

Cash generation

For the same Mar 2025 period, operating cash flow was ₹177.00 Cr against net profit of ₹115.00 Cr. Cash flow covered 1.54 times reported profit. Cash generation supports the reported profit for this period; check whether this continues over several years.

Balance-sheet check

Reported borrowings were ₹870.00 Cr in Mar 2026. Read this alongside cash, interest costs and repayment obligations; reserves are an accounting balance and are not the same as available cash.

How to use the valuation and peer comparisons

The Intrinsic Value panel combines the available model estimates using the displayed weights. Earnings, cash-flow, dividend and asset-based methods can give very different answers. The displayed 12% cost of equity and 4% terminal growth assumptions apply where relevant; historical EPS growth is not a promise of future growth. Use the individual values and their spread to judge sensitivity.

The peer group follows the stored industry classification and may include different business models. Compare reporting periods, leverage and recurring earnings before interpreting a valuation gap. For banks and other financial businesses, capital adequacy and asset quality can be more informative than industrial-company cash-flow ratios.

Sources: Company data source. Check the company filings linked by the source for the reporting basis and exceptional items.

Automatically generated interpretation of the stored financial data, not a separately researched analyst opinion. Missing data is not evidence of poor performance. New filings become available here after the existing data refresh process captures them.

Investment Snapshot

Kuantum Papers Ltd scores 54/100 (Average)

Based on 5 dimensions: health, institutional flow, earnings quality, momentum, and peer comparison

Stock Health50/100 · Moderate

ROCE 5.2% WeakROE 3.5% WeakD/E 0.53 ModerateInterest Coverage 6.3x StrongProfitable 4/5 available years Reported history

Smart Money60/100 · Moderate

FII holding up 0.04% (6mo) Slight increasePromoter holding at 70.3% Stable

Earnings Quality100/100 · Strong

CFO/NP ratio: 1.95x Cash-backed earningsOPM expanding (22% → 26%) ImprovingWorking capital: -25 days (improving) Efficient

Quarterly Momentum15/100 · Weak

Revenue (4Q): -5% YoY DecliningProfit (4Q): -56% YoY DecliningOPM: 13.6% (down 5.1% YoY) Margin pressure

Industry Rank30/100 · Weak

P/E 19.4 vs industry 25.5 In-lineROCE 5.2% vs industry 16.1% Below peersROE 3.5% vs industry 7.5% Below peers3Y sales CAGR: 10% Moderate

Weights: Health 30% · Earnings Quality 25% · Momentum 20% · Industry Rank 15% · Smart Money 10%. Scores use stored reporting periods and are screening indicators, not investment recommendations. Missing health ratios are excluded. Broad industry groups and financial-sector accounting can limit comparability.

Share Price and Basic Stock Data

Last Updated: September 25, 2026, 4:54 am

Market Cap	700 Cr.
Current Price	80.2
Intrinsic Value	₹109.25
High / Low	118/65.0
Stock P/E	19.4
Book Value	141
Dividend Yield	3.12 %
ROCE	5.24 %
ROE	3.45 %
Face Value	1.00
PEG Ratio	0.61

Understand these figures: how to read the P/E ratio, ROE versus earnings per share, and calculate intrinsic value.

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

Stock P/E Current Price Intrinsic Value

View Share Price Target for Kuantum Papers Ltd

Competitors

Stock Name ⇩	Market Cap ⇩	Current Price ⇩	High / Low ⇩	Stock P/E ⇩	Book Value ⇩	Dividend Yield ⇩	ROCE ⇩	ROE ⇩	Face Value ⇩
Kuantum Papers Ltd	700 Cr.	80.2	118/65.0	19.4	141	3.12 %	5.24 %	3.45 %	1.00
Emami Paper Mills Ltd	683 Cr.	112	134/55.0	7.23	81.9	2.86 %	11.4 %	12.4 %	2.00
Satia Industries Ltd	677 Cr.	67.7	83.8/50.6		109	0.59 %	3.94 %	3.83 %	1.00
Pudumjee Paper Products Ltd	906 Cr.	95.4	127/63.1	9.95	70.5	0.63 %	18.1 %	12.8 %	1.00
Orient Paper & Industries Ltd	356 Cr.	16.8	29.8/13.2		69.2	0.00 %	4.24 %	1.88 %	1.00
Industry Average	2,144.81 Cr	158.56		40.40	136.28	0.51%	14.29%	7.21%	6.52

All Competitor Stocks of Kuantum Papers Ltd

Quarterly Result

Metric	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025
Sales	350.60	343.73	312.81	298.18	301.47	298.85	280.75	278.86	270.08	277.35	222.92	279.70	289.59
Expenses	245.58	229.71	203.35	217.57	222.10	235.24	209.18	218.11	219.69	217.47	182.52	245.36	250.34
Operating Profit	105.02	114.02	109.46	80.61	79.37	63.61	71.57	60.75	50.39	59.88	40.40	34.34	39.25
OPM %	29.95%	33.17%	34.99%	27.03%	26.33%	21.28%	25.49%	21.79%	18.66%	21.59%	18.12%	12.28%	13.55%
Other Income	1.22	0.12	0.84	1.01	0.72	3.07	0.86	1.74	2.08	1.40	1.43	2.21	1.59
Interest	17.52	15.86	11.31	12.26	11.26	8.01	8.95	9.41	10.50	10.44	10.39	11.90	10.88
Depreciation	11.40	11.50	11.72	11.93	12.35	12.26	12.52	13.00	13.81	14.66	15.20	16.30	16.62
Profit before tax	77.32	86.78	87.27	57.43	56.48	46.41	50.96	40.08	28.16	36.18	16.24	8.35	13.34
Tax %	25.92%	25.04%	25.37%	25.74%	25.37%	27.00%	25.06%	25.42%	25.50%	27.81%	25.74%	30.90%	26.69%
Net Profit	57.28	65.05	65.13	42.65	42.15	33.89	38.19	29.89	20.98	26.12	12.06	5.77	9.78
EPS in Rs	6.56	7.45	7.46	4.89	4.83	3.88	4.38	3.43	2.40	2.99	1.38	0.66	1.12

Last Updated: March 4, 2026, 2:46 am

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: February 24, 2026, 7:46 pm

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	477	499	526	608	704	793	745	404	830	1,310	1,211	1,107	1,070
Expenses	402	435	460	490	556	637	625	374	710	930	860	860	896
Operating Profit	76	64	65	118	148	156	119	30	120	380	351	247	174
OPM %	16%	13%	12%	19%	21%	20%	16%	7%	14%	29%	29%	22%	16%
Other Income	3	1	1	3	3	9	9	1	4	-60	-12	3	7
Interest	22	21	20	21	25	29	31	28	70	71	44	40	44
Depreciation	19	13	14	15	19	25	32	35	46	45	48	54	63
Profit before tax	37	32	33	84	107	111	65	-32	8	203	248	155	74
Tax %	10%	21%	25%	30%	32%	30%	-10%	-60%	-74%	33%	26%	26%
Net Profit	34	25	25	59	73	78	72	-13	13	136	184	115	54
EPS in Rs	3.84	2.87	2.81	6.79	8.35	8.93	8.23	-1.46	1.54	15.60	21.07	13.20	6.15
Dividend Payout %	0%	3%	4%	3%	3%	6%	3%	0%	0%	19%	14%	23%

Profit & Loss Yearly Chart

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 (%)	-26.47%	0.00%	136.00%	23.73%	6.85%	-7.69%	-118.06%	200.00%	946.15%	35.29%	-37.50%
Change in YoY Net Profit Growth (%)	0.00%	26.47%	136.00%	-112.27%	-16.88%	-14.54%	-110.36%	318.06%	746.15%	-910.86%	-72.79%

Kuantum Papers 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:	8%
5 Years:	8%
3 Years:	10%
TTM:	-11%

Compounded Profit Growth
10 Years:	17%
5 Years:	10%
3 Years:	105%
TTM:	-43%

Stock Price CAGR
10 Years:	30%
5 Years:	17%
3 Years:	-1%
1 Year:	-24%

Return on Equity
10 Years:	10%
5 Years:	11%
3 Years:	16%
Last Year:	10%

Last Updated: September 5, 2025, 9:25 am

Balance Sheet

Last Updated: July 6, 2026, 4:00 am

Month	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	9	9	9	9	9	9	9	9	9	9	9	9
Reserves	532	552	612	683	758	823	809	822	958	1,115	1,204	1,220
Borrowings	224	243	302	321	395	573	689	762	513	512	654	870
Other Liabilities	91	100	88	109	123	144	108	83	210	251	246	301
Total Liabilities	856	903	1,011	1,121	1,284	1,549	1,614	1,676	1,689	1,888	2,113	2,399
Fixed Assets	673	687	772	825	978	1,034	1,436	1,408	1,414	1,475	1,619	1,838
CWIP	26	50	42	84	55	310	21	29	31	42	156	263
Investments	0	0	0	0	0	0	0	0	0	0	0	1
Other Assets	157	166	198	213	251	206	158	239	245	371	338	297
Total Assets	856	903	1,011	1,121	1,284	1,549	1,614	1,676	1,689	1,888	2,113	2,399

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from Operating Activity +	32	57	73	131	136	75	80	48	375	298	177	219
Cash from Investing Activity +	-56	-50	-93	-132	-150	-252	-178	-35	-60	-156	-315	-321
Cash from Financing Activity +	23	-6	41	-8	39	138	98	-11	-318	-73	76	134
Net Cash Flow	-0	0	21	-8	25	-39	-0	3	-2	69	-61	32
Free Cash Flow	-4	-12	-6	17	-27	-202	-104	9	312	131	-134	-107
CFO/OP	61%	99%	75%	105%	103%	72%	272%	41%	101%	101%	85%	139%

Free Cash Flow

Free cash flow reported in the stored cash-flow statement (₹ Cr)
Period	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Free Cash Flow	-4.00	-12.00	-6.00	17.00	-27.00	-202.00	-104.00	9.00	312.00	131.00	-134.00	-107.00

This table and the chart use the Free Cash Flow row from the same stored cash-flow statement. Free cash flow generally measures operating cash flow after capital expenditure; check the source definition and reporting basis. It is not operating profit minus borrowings.

Free Cash Flow Chart

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	27	32	25	21	17	15	7	30	27	8	10	13
Inventory Days	105	107	102	117	133	95	141	145	114	88	126	141
Days Payable	89	54	47	47	54	47	42	124	47	25	64	47
Cash Conversion Cycle	43	85	80	91	95	63	105	51	94	71	73	107
Working Capital Days	-33	-4	-4	-6	-0	-5	-19	-17	10	-4	-22	-25
ROCE %	21%	10%	7%	12%	14%	13%	8%	0%	5%	22%	20%	11%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Promoters	70.31%	70.31%	70.31%	70.31%	70.31%	70.31%	70.31%	70.31%	70.31%	70.31%	70.31%	70.31%
FIIs	1.04%	0.53%	0.17%	0.14%	0.08%	0.15%	0.08%	0.00%	0.00%	0.02%	0.05%	0.04%
DIIs	0.02%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Public	28.63%	29.16%	29.52%	29.55%	29.61%	29.54%	29.61%	29.69%	29.68%	29.68%	29.63%	29.65%
No. of Shareholders	17,044	18,251	20,276	20,870	21,986	23,007	22,759	22,517	22,729	22,069	21,570	21,742

Shareholding Pattern Chart

No. of Shareholders

Kuantum Papers Ltd: Intrinsic Value & Share Price Analysis - Shareholder trend analysis

This stock is not held by any mutual fund.

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 25	Mar 24	Mar 23	Mar 22	Mar 21
FaceValue	1.00	1.00	1.00	1.00	1.00
Basic EPS (Rs.)	13.20	21.07	15.60	1.54	-1.46
Diluted EPS (Rs.)	13.20	21.07	15.60	1.54	-1.46
Cash EPS (Rs.)	19.39	26.59	20.81	6.83	2.53
Book Value[Excl.RevalReserv]/Share (Rs.)	138.97	128.79	110.79	95.17	93.65
Book Value[Incl.RevalReserv]/Share (Rs.)	138.97	128.79	110.79	95.17	93.65
Dividend / Share (Rs.)	3.00	3.00	0.00	0.00	0.00
Revenue From Operations / Share (Rs.)	126.86	138.81	150.07	95.16	46.28
PBDIT / Share (Rs.)	28.50	38.81	43.87	14.07	4.51
PBIT / Share (Rs.)	22.31	33.28	38.66	8.78	0.51
PBT / Share (Rs.)	17.81	28.37	23.26	0.88	-3.65
Net Profit / Share (Rs.)	13.20	21.07	15.60	1.54	-1.46
PBDIT Margin (%)	22.46	27.96	29.23	14.78	9.73
PBIT Margin (%)	17.58	23.97	25.76	9.23	1.11
PBT Margin (%)	14.03	20.44	15.49	0.92	-7.88
Net Profit Margin (%)	10.40	15.17	10.39	1.61	-3.15
Return on Networth / Equity (%)	9.49	16.35	14.08	1.61	-1.55
Return on Capital Employeed (%)	10.90	18.31	22.78	5.10	0.30
Return On Assets (%)	5.45	9.73	8.05	0.80	-0.78
Long Term Debt / Equity (X)	0.33	0.27	0.34	0.74	0.71
Total Debt / Equity (X)	0.53	0.45	0.49	0.88	0.78
Asset Turnover Ratio (%)	0.55	0.67	0.77	0.50	0.25
Current Ratio (X)	0.83	1.02	1.02	1.23	0.98
Quick Ratio (X)	0.44	0.64	0.58	0.73	0.63
Inventory Turnover Ratio (X)	9.26	3.55	4.50	4.31	1.90
Dividend Payout Ratio (NP) (%)	22.72	14.24	0.00	0.00	0.00
Dividend Payout Ratio (CP) (%)	15.47	11.28	0.00	0.00	0.00
Earning Retention Ratio (%)	77.28	85.76	0.00	0.00	0.00
Cash Earning Retention Ratio (%)	84.53	88.72	0.00	0.00	0.00
Interest Coverage Ratio (X)	6.33	7.90	5.39	1.78	1.42
Interest Coverage Ratio (Post Tax) (X)	3.93	5.29	3.81	1.19	0.85
Enterprise Value (Cr.)	1512.26	1786.29	1555.37	1448.18	1240.79
EV / Net Operating Revenue (X)	1.37	1.47	1.19	1.74	3.07
EV / EBITDA (X)	6.08	5.27	4.06	11.79	31.55
MarketCap / Net Operating Revenue (X)	0.79	1.12	0.80	0.84	1.44
Retention Ratios (%)	77.27	85.75	0.00	0.00	0.00
Price / BV (X)	0.72	1.20	1.10	0.84	0.71
Price / Net Operating Revenue (X)	0.79	1.12	0.80	0.84	1.44
EarningsYield	0.13	0.13	0.12	0.01	-0.02

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Frequently asked questions

What is the intrinsic value of Kuantum Papers Ltd and is it undervalued?

Kuantum Papers Ltd: the stored intrinsic value estimate is ₹109.25, compared with a stored share price of ₹80.20. The model value is 36.2% above that quote. The model classifies this as undervalued; it is an estimate dependent on the inputs and assumptions, not a price target or a buy/sell recommendation. The estimate uses the available valuation models and weights shown in the Intrinsic Value panel, including earnings, cash-flow and asset-based approaches where data permits. It is not a P/E-only calculation.

What share price and 52-week range are shown for Kuantum Papers Ltd?

The stored share price is ₹80.20. Price-data record updated: 25 September 2026, 4:54 am +05:30. This is not a live quote. The stored 52-week high / low is 118/65.0; this is a rolling range, not a financial-year range.

How have Kuantum Papers Ltd's revenue and profit changed?

Does Kuantum Papers Ltd's profit convert into cash?

What should I check in Kuantum Papers Ltd's balance sheet?

Reported borrowings were ₹870.00 Cr in Mar 2026. Read this alongside cash, interest costs and repayment obligations; reserves are an accounting balance and are not the same as available cash.

How should I compare Kuantum Papers Ltd's P/E with other stocks?

The stored P/E is 19.40. Compare companies with similar business models, growth, leverage and accounting periods. The industry group on this page is broad, and its average can be affected by outliers. A lower P/E alone does not establish undervaluation.

What could change Kuantum Papers Ltd's intrinsic value estimate?

Changes in sustainable earnings, cash generation, capital needs, debt and share count can change the estimate. The displayed model uses a 12% cost of equity and 4% terminal growth assumption where applicable. Higher discount rates or weaker growth generally reduce discounted values. Compare the individual model values and weights, and verify fresh filings before relying on the result.