Orient Paper & Industries Ltd: Intrinsic Value & Share Price Analysis

Share Price and Basic Stock Data

Last Updated: March 3, 2026, 1:07 pm

Market Cap	385 Cr.
Current Price	18.1
Intrinsic Value	₹26.10
High / Low	31.5/17.1
Stock P/E
Book Value	73.3
Dividend Yield	0.00 %
ROCE	2.60 %
ROE	3.08 %
Face Value	1.00
PEG Ratio	0.00

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

Stock P/E Current Price Intrinsic Value

View Share Price Target for Orient Paper & Industries Ltd

Competitors

Stock Name ⇩	Market Cap ⇩	Current Price ⇩	High / Low ⇩	Stock P/E ⇩	Book Value ⇩	Dividend Yield ⇩	ROCE ⇩	ROE ⇩	Face Value ⇩
Orient Paper & Industries Ltd	385 Cr.	18.1	31.5/17.1		73.3	0.00 %	2.60 %	3.08 %	1.00
Fundamental Analysis of Ruchira Papers Ltd	400 Cr.	134	164/91.1	5.85	138	3.76 %	24.0 %	19.7 %	10.0
Genus Paper & Boards Ltd	312 Cr.	12.1	22.0/10.9	33.1	20.3	0.00 %	4.73 %	0.61 %	1.00
Emami Paper Mills Ltd	492 Cr.	81.4	123/71.6	13.9	96.2	1.97 %	6.58 %	4.80 %	2.00
Star Paper Mills Ltd	213 Cr.	137	190/135	5.46	449	2.56 %	7.76 %	5.91 %	10.0
Industry Average	727.91 Cr	73.48		29.14	107.28	0.77%	9.32%	134.80%	6.50

All Competitor Stocks of Orient Paper & Industries 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	253	258	243	143	203	242	238	208	230	219	238	200	236
Expenses	184	190	189	154	186	242	230	226	231	230	237	232	247
Operating Profit	69	68	54	-11	17	1	8	-17	-1	-10	1	-32	-11
OPM %	27%	26%	22%	-8%	9%	0%	3%	-8%	-1%	-5%	1%	-16%	-5%
Other Income	1	19	11	6	4	5	2	6	4	3	3	10	2
Interest	2	6	5	7	9	8	8	8	8	8	8	6	6
Depreciation	8	10	10	10	11	12	12	13	13	13	14	14	14
Profit before tax	61	72	50	-23	1	-14	-10	-32	-18	-29	-18	-42	-29
Tax %	35%	30%	35%	-30%	395%	-54%	-36%	-39%	-41%	-37%	-290%	-28%	-28%
Net Profit	40	50	32	-16	-3	-6	-6	-20	-11	-18	34	-31	-21
EPS in Rs	1.86	2.35	1.52	-0.77	-0.15	-0.30	-0.30	-0.93	-0.50	-0.85	1.60	-1.44	-1.00

Last Updated: March 3, 2026, 3:57 pm

Below is a detailed analysis of the quarterly data for Orient Paper & Industries Ltd based on the most recent figures (Dec 2025) and their trends compared to the previous period:

For Sales, as of Dec 2025, the value is 236.00 Cr.. The value appears strong and on an upward trend. It has increased from 200.00 Cr. (Sep 2025) to 236.00 Cr., marking an increase of 36.00 Cr..
For Expenses, as of Dec 2025, the value is 247.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 232.00 Cr. (Sep 2025) to 247.00 Cr., marking an increase of 15.00 Cr..
For Operating Profit, as of Dec 2025, the value is -11.00 Cr.. The value appears strong and on an upward trend. It has increased from -32.00 Cr. (Sep 2025) to -11.00 Cr., marking an increase of 21.00 Cr..
For OPM %, as of Dec 2025, the value is -5.00%. The value appears strong and on an upward trend. It has increased from -16.00% (Sep 2025) to -5.00%, marking an increase of 11.00%.
For Other Income, as of Dec 2025, the value is 2.00 Cr.. The value appears to be declining and may need further review. It has decreased from 10.00 Cr. (Sep 2025) to 2.00 Cr., marking a decrease of 8.00 Cr..
For Interest, as of Dec 2025, the value is 6.00 Cr.. The value remains steady. There is no change compared to the previous period (Sep 2025) which recorded 6.00 Cr..
For Depreciation, as of Dec 2025, the value is 14.00 Cr.. The value remains steady. There is no change compared to the previous period (Sep 2025) which recorded 14.00 Cr..
For Profit before tax, as of Dec 2025, the value is -29.00 Cr.. The value appears strong and on an upward trend. It has increased from -42.00 Cr. (Sep 2025) to -29.00 Cr., marking an increase of 13.00 Cr..
For Tax %, as of Dec 2025, the value is -28.00%. The value remains steady. There is no change compared to the previous period (Sep 2025) which recorded -28.00%.
For Net Profit, as of Dec 2025, the value is -21.00 Cr.. The value appears strong and on an upward trend. It has increased from -31.00 Cr. (Sep 2025) to -21.00 Cr., marking an increase of 10.00 Cr..
For EPS in Rs, as of Dec 2025, the value is -1.00. The value appears strong and on an upward trend. It has increased from -1.44 (Sep 2025) to -1.00, marking an increase of 0.44.

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: February 25, 2026, 7:16 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	1,575	1,667	1,819	511	661	710	607	443	586	943	832	896	894
Expenses	1,529	1,640	1,719	510	549	572	559	477	602	781	771	911	946
Operating Profit	46	27	99	1	112	138	48	-33	-17	162	61	-15	-52
OPM %	3%	2%	5%	0%	17%	19%	8%	-8%	-3%	17%	7%	-2%	-6%
Other Income	39	19	17	77	11	34	12	10	9	29	25	10	17
Interest	37	44	51	21	15	10	5	7	5	10	29	32	28
Depreciation	47	44	44	25	28	32	33	32	31	33	44	51	56
Profit before tax	1	-42	21	33	80	130	21	-63	-44	148	14	-89	-118
Tax %	-190%	-32%	2%	-16%	38%	22%	5%	-26%	-34%	33%	55%	-39%
Net Profit	4	-29	21	38	49	102	20	-47	-29	99	6	-55	-36
EPS in Rs	0.20	-1.35	0.99	1.79	2.32	4.79	0.94	-2.19	-1.36	4.68	0.29	-2.58	-1.69
Dividend Payout %	48%	-7%	24%	56%	43%	23%	53%	-11%	-18%	21%	85%	0%

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 (%)	-825.00%	172.41%	80.95%	28.95%	108.16%	-80.39%	-335.00%	38.30%	441.38%	-93.94%	-1016.67%
Change in YoY Net Profit Growth (%)	0.00%	997.41%	-91.46%	-52.01%	79.22%	-188.56%	-254.61%	373.30%	403.08%	-535.32%	-922.73%

Orient Paper & Industries 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:	-6%
5 Years:	8%
3 Years:	15%
TTM:	8%

Compounded Profit Growth
10 Years:	-14%
5 Years:	%
3 Years:	-32%
TTM:	56%

Stock Price CAGR
10 Years:	12%
5 Years:	9%
3 Years:	-5%
1 Year:	-40%

Return on Equity
10 Years:	1%
5 Years:	0%
3 Years:	1%
Last Year:	-3%

Last Updated: September 5, 2025, 12:00 pm

Balance Sheet

Last Updated: December 4, 2025, 1:45 am

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	Sep 2025
Equity Capital	20	20	20	21	21	21	21	21	21	21	21	21	21
Reserves	412	379	394	1,189	1,296	1,364	1,241	1,447	1,532	1,494	1,598	1,514	1,534
Borrowings	337	380	443	186	90	28	36	88	210	274	321	400	255
Other Liabilities	448	444	442	407	401	392	396	404	410	415	486	473	406
Total Liabilities	1,218	1,223	1,299	1,803	1,809	1,805	1,695	1,960	2,173	2,204	2,426	2,408	2,215
Fixed Assets	518	515	493	1,280	1,354	1,331	1,323	1,311	1,289	1,496	1,597	1,617	1,593
CWIP	2	3	19	86	11	18	53	54	181	71	77	65	105
Investments	9	9	19	238	297	289	148	436	538	390	497	448	270
Other Assets	688	697	769	199	148	168	171	159	164	248	254	278	247
Total Assets	1,218	1,223	1,299	1,803	1,809	1,805	1,695	1,960	2,173	2,204	2,426	2,408	2,215

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

For Equity Capital, as of Sep 2025, the value is 21.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 21.00 Cr..
For Reserves, as of Sep 2025, the value is 1,534.00 Cr.. The value appears strong and on an upward trend. It has increased from 1,514.00 Cr. (Mar 2025) to 1,534.00 Cr., marking an increase of 20.00 Cr..
For Borrowings, as of Sep 2025, the value is 255.00 Cr.. The value appears to be improving (decreasing). Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has decreased from 400.00 Cr. (Mar 2025) to 255.00 Cr., marking a decrease of 145.00 Cr..
For Other Liabilities, as of Sep 2025, the value is 406.00 Cr.. The value appears to be improving (decreasing). It has decreased from 473.00 Cr. (Mar 2025) to 406.00 Cr., marking a decrease of 67.00 Cr..
For Total Liabilities, as of Sep 2025, the value is 2,215.00 Cr.. The value appears to be improving (decreasing). It has decreased from 2,408.00 Cr. (Mar 2025) to 2,215.00 Cr., marking a decrease of 193.00 Cr..
For Fixed Assets, as of Sep 2025, the value is 1,593.00 Cr.. The value appears to be declining and may need further review. It has decreased from 1,617.00 Cr. (Mar 2025) to 1,593.00 Cr., marking a decrease of 24.00 Cr..
For CWIP, as of Sep 2025, the value is 105.00 Cr.. The value appears strong and on an upward trend. It has increased from 65.00 Cr. (Mar 2025) to 105.00 Cr., marking an increase of 40.00 Cr..
For Investments, as of Sep 2025, the value is 270.00 Cr.. The value appears to be declining and may need further review. It has decreased from 448.00 Cr. (Mar 2025) to 270.00 Cr., marking a decrease of 178.00 Cr..
For Other Assets, as of Sep 2025, the value is 247.00 Cr.. The value appears to be declining and may need further review. It has decreased from 278.00 Cr. (Mar 2025) to 247.00 Cr., marking a decrease of 31.00 Cr..
For Total Assets, as of Sep 2025, the value is 2,215.00 Cr.. The value appears to be declining and may need further review. It has decreased from 2,408.00 Cr. (Mar 2025) to 2,215.00 Cr., marking a decrease of 193.00 Cr..

Notably, the Reserves (1,534.00 Cr.) exceed the Borrowings (255.00 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 +	38	36	76	36	126	99	68	-20	-24	62	101	-12
Cash from Investing Activity +	-24	-30	-45	-78	15	1	-47	-7	-87	-98	-98	-28
Cash from Financing Activity +	-7	-4	1	-7	-146	-100	-21	35	104	35	-4	39
Net Cash Flow	7	2	31	-49	-5	-1	0	8	-8	-1	-1	-1

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	-291.00	-353.00	-344.00	-185.00	22.00	110.00	12.00	-121.00	-227.00	-112.00	-260.00	-415.00

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 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	98	79	77	17	20	15	16	19	14	7	6	7
Inventory Days	60	84	77	179	117	138	146	185	100	167	166	142
Days Payable	113	112	94	190	133	153	186	238	136	95	132	119
Cash Conversion Cycle	45	52	60	7	4	0	-24	-33	-21	80	39	30
Working Capital Days	-13	-9	-4	-85	-38	-4	-25	-52	-99	-26	-93	-106
ROCE %	5%	0%	9%	2%	7%	8%	2%	-4%	-2%	8%	2%	-3%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025
Promoters	38.73%	38.73%	38.73%	38.73%	38.73%	38.73%	38.73%	38.73%	38.73%	38.73%	38.73%	38.73%
FIIs	0.95%	0.94%	1.83%	0.98%	1.00%	1.04%	1.06%	1.01%	0.89%	0.59%	0.53%	0.51%
DIIs	8.59%	8.59%	7.77%	3.18%	3.14%	2.90%	2.90%	1.69%	0.25%	0.28%	0.29%	0.28%
Public	51.73%	51.72%	51.66%	57.11%	57.11%	57.33%	57.31%	58.57%	60.12%	60.39%	60.43%	60.47%
No. of Shareholders	79,979	83,151	94,035	1,01,910	99,145	1,08,627	1,05,738	1,06,635	1,05,635	1,06,346	1,04,226	1,01,349

Shareholding Pattern Chart

No. of Shareholders

Orient Paper & Industries Ltd: Intrinsic Value & Share Price Analysis - Shareholder trend analysis

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	6,140,857	0.19	24.87	6,140,857	2025-04-22 17:25:23	0%
Quant Small Cap Fund	3,773,484	0.14	15.28	3,773,484	2025-04-22 17:25:23	0%

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.)	-2.58	0.29	4.68	-1.36	-2.19
Diluted EPS (Rs.)	-2.58	0.29	4.68	-1.36	-2.19
Cash EPS (Rs.)	-0.15	2.35	6.23	0.10	-0.66
Book Value[Excl.RevalReserv]/Share (Rs.)	72.34	76.30	71.42	73.18	69.18
Book Value[Incl.RevalReserv]/Share (Rs.)	72.34	76.30	71.42	73.18	69.18
Dividend / Share (Rs.)	0.00	0.25	1.00	0.25	0.25
Revenue From Operations / Share (Rs.)	42.22	39.21	44.44	27.60	20.89
PBDIT / Share (Rs.)	-0.23	4.07	9.01	-0.36	-1.12
PBIT / Share (Rs.)	-2.66	2.01	7.45	-1.83	-2.65
PBT / Share (Rs.)	-4.19	0.64	6.96	-2.07	-2.96
Net Profit / Share (Rs.)	-2.58	0.29	4.68	-1.36	-2.19
PBDIT Margin (%)	-0.56	10.36	20.26	-1.32	-5.36
PBIT Margin (%)	-6.29	5.12	16.76	-6.64	-12.66
PBT Margin (%)	-9.92	1.65	15.65	-7.49	-14.15
Net Profit Margin (%)	-6.10	0.74	10.52	-4.93	-10.49
Return on Networth / Equity (%)	-3.56	0.38	6.54	-1.85	-3.17
Return on Capital Employeed (%)	-2.91	2.11	8.17	-2.06	-3.15
Return On Assets (%)	-2.26	0.25	4.50	-1.32	-2.37
Long Term Debt / Equity (X)	0.09	0.06	0.09	0.04	0.03
Total Debt / Equity (X)	0.25	0.19	0.17	0.13	0.05
Asset Turnover Ratio (%)	0.37	0.35	0.43	0.28	0.24
Current Ratio (X)	0.79	0.49	0.76	0.46	0.72
Quick Ratio (X)	0.47	0.17	0.26	0.22	0.33
Inventory Turnover Ratio (X)	6.31	3.71	5.60	2.50	1.89
Dividend Payout Ratio (NP) (%)	-9.70	340.84	5.34	-18.36	-22.79
Dividend Payout Ratio (CP) (%)	-160.44	42.56	4.00	228.13	-74.94
Earning Retention Ratio (%)	109.70	-240.84	94.66	118.36	122.79
Cash Earning Retention Ratio (%)	260.44	57.44	96.00	-128.13	174.94
Interest Coverage Ratio (X)	-0.15	2.99	18.38	-1.55	-3.60
Interest Coverage Ratio (Post Tax) (X)	-0.68	1.22	10.55	-4.80	-6.05
Enterprise Value (Cr.)	880.61	1188.43	1058.03	928.48	587.27
EV / Net Operating Revenue (X)	0.98	1.43	1.12	1.59	1.32
EV / EBITDA (X)	-173.80	13.78	5.54	-120.06	-24.70
MarketCap / Net Operating Revenue (X)	0.54	1.05	0.84	1.25	1.17
Retention Ratios (%)	109.70	-240.84	94.65	118.36	122.79
Price / BV (X)	0.31	0.53	0.52	0.47	0.35
Price / Net Operating Revenue (X)	0.54	1.05	0.84	1.25	1.17
EarningsYield	-0.11	0.01	0.12	-0.03	-0.08

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

For FaceValue, as of Mar 25, the value is 1.00. This value is within the healthy range. There is no change compared to the previous period (Mar 24) which recorded 1.00.
For Basic EPS (Rs.), as of Mar 25, the value is -2.58. This value is below the healthy minimum of 5. It has decreased from 0.29 (Mar 24) to -2.58, marking a decrease of 2.87.
For Diluted EPS (Rs.), as of Mar 25, the value is -2.58. This value is below the healthy minimum of 5. It has decreased from 0.29 (Mar 24) to -2.58, marking a decrease of 2.87.
For Cash EPS (Rs.), as of Mar 25, the value is -0.15. This value is below the healthy minimum of 3. It has decreased from 2.35 (Mar 24) to -0.15, marking a decrease of 2.50.
For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 72.34. It has decreased from 76.30 (Mar 24) to 72.34, marking a decrease of 3.96.
For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 72.34. It has decreased from 76.30 (Mar 24) to 72.34, marking a decrease of 3.96.
For Dividend / Share (Rs.), as of Mar 25, the value is 0.00. This value is below the healthy minimum of 1. It has decreased from 0.25 (Mar 24) to 0.00, marking a decrease of 0.25.
For Revenue From Operations / Share (Rs.), as of Mar 25, the value is 42.22. It has increased from 39.21 (Mar 24) to 42.22, marking an increase of 3.01.
For PBDIT / Share (Rs.), as of Mar 25, the value is -0.23. This value is below the healthy minimum of 2. It has decreased from 4.07 (Mar 24) to -0.23, marking a decrease of 4.30.
For PBIT / Share (Rs.), as of Mar 25, the value is -2.66. This value is below the healthy minimum of 0. It has decreased from 2.01 (Mar 24) to -2.66, marking a decrease of 4.67.
For PBT / Share (Rs.), as of Mar 25, the value is -4.19. This value is below the healthy minimum of 0. It has decreased from 0.64 (Mar 24) to -4.19, marking a decrease of 4.83.
For Net Profit / Share (Rs.), as of Mar 25, the value is -2.58. This value is below the healthy minimum of 2. It has decreased from 0.29 (Mar 24) to -2.58, marking a decrease of 2.87.
For PBDIT Margin (%), as of Mar 25, the value is -0.56. This value is below the healthy minimum of 10. It has decreased from 10.36 (Mar 24) to -0.56, marking a decrease of 10.92.
For PBIT Margin (%), as of Mar 25, the value is -6.29. This value is below the healthy minimum of 10. It has decreased from 5.12 (Mar 24) to -6.29, marking a decrease of 11.41.
For PBT Margin (%), as of Mar 25, the value is -9.92. This value is below the healthy minimum of 10. It has decreased from 1.65 (Mar 24) to -9.92, marking a decrease of 11.57.
For Net Profit Margin (%), as of Mar 25, the value is -6.10. This value is below the healthy minimum of 5. It has decreased from 0.74 (Mar 24) to -6.10, marking a decrease of 6.84.
For Return on Networth / Equity (%), as of Mar 25, the value is -3.56. This value is below the healthy minimum of 15. It has decreased from 0.38 (Mar 24) to -3.56, marking a decrease of 3.94.
For Return on Capital Employeed (%), as of Mar 25, the value is -2.91. This value is below the healthy minimum of 10. It has decreased from 2.11 (Mar 24) to -2.91, marking a decrease of 5.02.
For Return On Assets (%), as of Mar 25, the value is -2.26. This value is below the healthy minimum of 5. It has decreased from 0.25 (Mar 24) to -2.26, marking a decrease of 2.51.
For Long Term Debt / Equity (X), as of Mar 25, the value is 0.09. This value is below the healthy minimum of 0.2. It has increased from 0.06 (Mar 24) to 0.09, marking an increase of 0.03.
For Total Debt / Equity (X), as of Mar 25, the value is 0.25. This value is within the healthy range. It has increased from 0.19 (Mar 24) to 0.25, marking an increase of 0.06.
For Asset Turnover Ratio (%), as of Mar 25, the value is 0.37. It has increased from 0.35 (Mar 24) to 0.37, marking an increase of 0.02.
For Current Ratio (X), as of Mar 25, the value is 0.79. This value is below the healthy minimum of 1.5. It has increased from 0.49 (Mar 24) to 0.79, marking an increase of 0.30.
For Quick Ratio (X), as of Mar 25, the value is 0.47. This value is below the healthy minimum of 1. It has increased from 0.17 (Mar 24) to 0.47, marking an increase of 0.30.
For Inventory Turnover Ratio (X), as of Mar 25, the value is 6.31. This value is within the healthy range. It has increased from 3.71 (Mar 24) to 6.31, marking an increase of 2.60.
For Dividend Payout Ratio (NP) (%), as of Mar 25, the value is -9.70. This value is below the healthy minimum of 20. It has decreased from 340.84 (Mar 24) to -9.70, marking a decrease of 350.54.
For Dividend Payout Ratio (CP) (%), as of Mar 25, the value is -160.44. This value is below the healthy minimum of 20. It has decreased from 42.56 (Mar 24) to -160.44, marking a decrease of 203.00.
For Earning Retention Ratio (%), as of Mar 25, the value is 109.70. This value exceeds the healthy maximum of 70. It has increased from -240.84 (Mar 24) to 109.70, marking an increase of 350.54.
For Cash Earning Retention Ratio (%), as of Mar 25, the value is 260.44. This value exceeds the healthy maximum of 70. It has increased from 57.44 (Mar 24) to 260.44, marking an increase of 203.00.
For Interest Coverage Ratio (X), as of Mar 25, the value is -0.15. This value is below the healthy minimum of 3. It has decreased from 2.99 (Mar 24) to -0.15, marking a decrease of 3.14.
For Interest Coverage Ratio (Post Tax) (X), as of Mar 25, the value is -0.68. This value is below the healthy minimum of 3. It has decreased from 1.22 (Mar 24) to -0.68, marking a decrease of 1.90.
For Enterprise Value (Cr.), as of Mar 25, the value is 880.61. It has decreased from 1,188.43 (Mar 24) to 880.61, marking a decrease of 307.82.
For EV / Net Operating Revenue (X), as of Mar 25, the value is 0.98. This value is below the healthy minimum of 1. It has decreased from 1.43 (Mar 24) to 0.98, marking a decrease of 0.45.
For EV / EBITDA (X), as of Mar 25, the value is -173.80. This value is below the healthy minimum of 5. It has decreased from 13.78 (Mar 24) to -173.80, marking a decrease of 187.58.
For MarketCap / Net Operating Revenue (X), as of Mar 25, the value is 0.54. This value is below the healthy minimum of 1. It has decreased from 1.05 (Mar 24) to 0.54, marking a decrease of 0.51.
For Retention Ratios (%), as of Mar 25, the value is 109.70. This value exceeds the healthy maximum of 70. It has increased from -240.84 (Mar 24) to 109.70, marking an increase of 350.54.
For Price / BV (X), as of Mar 25, the value is 0.31. This value is below the healthy minimum of 1. It has decreased from 0.53 (Mar 24) to 0.31, marking a decrease of 0.22.
For Price / Net Operating Revenue (X), as of Mar 25, the value is 0.54. This value is below the healthy minimum of 1. It has decreased from 1.05 (Mar 24) to 0.54, marking a decrease of 0.51.
For EarningsYield, as of Mar 25, the value is -0.11. This value is below the healthy minimum of 5. It has decreased from 0.01 (Mar 24) to -0.11, marking a decrease of 0.12.

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 Orient Paper & Industries Ltd as of March 4, 2026 is: ₹27.63

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 March 4, 2026, Orient Paper & Industries Ltd is Undervalued by 52.65% compared to the current share price ₹18.10

Default values used*: Default value of 15 for Stock P/E is used

Intrinsic Value of Orient Paper & Industries Ltd as of March 4, 2026 is: ₹26.10

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 March 4, 2026, Orient Paper & Industries Ltd is Undervalued by 44.20% compared to the current share price ₹18.10

Default values used*: Default value of 15 for Stock P/E is used

Last 5 Year EPS CAGR: -5.54%

*Investments are subject to market risks

Strength and Weakness

Strength	Weakness
The stock has a low average Working Capital Days of -46.17, which is a positive sign. The company has higher reserves (1,184.15 cr) compared to borrowings (234.46 cr), indicating strong financial stability. The company has shown consistent growth in sales (545.08 cr) and profit (7.08 cr) over the years.	The stock has a low average ROCE of 2.83%, which may not be favorable. The stock has a high average Cash Conversion Cycle of 19.92, 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 Orient Paper & Industries Ltd:
1. Net Profit Margin: -6.1%
  - 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: -2.91% (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.
3. ROE%: -3.56% (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.
4. Interest Coverage Ratio (Post Tax): -0.68
  - 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: 0.47
  - 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: 0 (Industry average Stock P/E: 29.14)
  - 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: 0.25
  - 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

Orient Paper & Industries Ltd. is a Public Limited Listed company incorporated on 25/07/1936 and has its registered office in the State of Orissa, India. Company's Corporate Identification Number(CIN) is L21011OR1936PLC000117 and registration number is 000117. Currently Company is involved in the business activities of Manufacture of pulp, paper and paperboard. Company's Total Operating Revenue is Rs. 895.79 Cr. and Equity Capital is Rs. 21.22 Cr. for the Year ended 31/03/2025.

INDUSTRY	ADDRESS	CONTACT
Paper & Paper Products	UNIT-VIII, Plot No.7, Bhubaneshwar Orissa 751012	Contact not found

Management
Name	Position Held
Mr. Chandra Kant Birla	Non Executive Chairman
Mr. Anant Agarwal	Managing Director & CEO
Ms. Gauri Rasgotra	Independent Director
Mr. S Vishvanathan	Independent Director
Mr. Ashwin Bishnoi	Independent Director
Mr. Raj Kumar Agrawal	Independent Director

FAQ

What is the intrinsic value of Orient Paper & Industries Ltd?

Orient Paper & Industries Ltd's intrinsic value (as of 04 March 2026) is ₹26.10 which is 44.20% higher the current market price of ₹18.10, indicating undervalued. Calculated using the PE ratio method, this valuation considers the company's ₹385 Cr. market cap, FY2025-2026 high/low of ₹31.5/17.1, reserves of ₹1,534 Cr, and liabilities of ₹2,215 Cr.

What is the Market Cap of Orient Paper & Industries Ltd?

The Market Cap of Orient Paper & Industries Ltd is 385 Cr..

What is the current Stock Price of Orient Paper & Industries Ltd as on 04 March 2026?

The current stock price of Orient Paper & Industries Ltd as on 04 March 2026 is ₹18.1.

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

In FY 2025-2026, the High / Low of Orient Paper & Industries Ltd stocks is ₹31.5/17.1.

What is the Stock P/E of Orient Paper & Industries Ltd?

The Stock P/E of Orient Paper & Industries Ltd is .

What is the Book Value of Orient Paper & Industries Ltd?

The Book Value of Orient Paper & Industries Ltd is 73.3.

What is the Dividend Yield of Orient Paper & Industries Ltd?

The Dividend Yield of Orient Paper & Industries Ltd is 0.00 %.

What is the ROCE of Orient Paper & Industries Ltd?

The ROCE of Orient Paper & Industries Ltd is 2.60 %.

What is the ROE of Orient Paper & Industries Ltd?

The ROE of Orient Paper & Industries Ltd is 3.08 %.

What is the Face Value of Orient Paper & Industries Ltd?

The Face Value of Orient Paper & Industries Ltd is 1.00.