Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
post
Last Updated: April 2, 2026, 3:26 am
Author: Getaka|Social: XLinkedIn

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

Fair Value

₹27.63Undervalued by 71.61%vs CMP ₹16.10

P/E (15.0) × ROE (3.1%) × BV (₹73.30) × DY (2.00%)

Defaults: P/E=15

₹30.47Undervalued by 89.25%vs CMP ₹16.10
MoS: +47.2% (Strong)Confidence: 40/100 (Low)Models: 3 Under, 2 Over
ModelCategoryValueWeightSignal
PE-ROEEarnings₹26.1033%Under (+62.1%)
Net Asset ValueAssets₹73.4220%Under (+356%)
EV/EBITDAEnterprise₹4.9616%Over (-69.2%)
Dividend DiscountDividends₹2.5516%Over (-84.2%)
Revenue MultipleRevenue₹42.3015%Under (+162.7%)
Consensus (5 models)₹30.47100%Undervalued
Key Drivers: ROE 3.1% is below cost of equity. | Wide model spread (₹3–₹73) — high uncertainty.

PE-ROE · Graham · EPV · DCF · NAV · EV/EBITDA · DDM · Earnings Yield · ROCE Capital · Revenue Multiple | CoE: 12% · Terminal: 4% · EPS CAGR: -5.5% · Defaults: P/E=15

*Investments are subject to market risks

Investment Snapshot

43
Orient Paper & Industries Ltd scores 43/100 (Weak)
Based on 5 dimensions: health, institutional flow, earnings quality, momentum, and peer comparison
Stock Health42/100 · Moderate
ROCE 2.6% WeakROE 3.1% WeakD/E 0.05 Low debtInterest Coverage 0.0x RiskyProfitable 2/5 years Inconsistent
Smart Money50/100 · Moderate
FII holding stable No changePromoter holding at 38.7% Stable
Earnings Quality50/100 · Moderate
OPM contracting (7% → 3%) DecliningWorking capital: -106 days (improving) Efficient
Quarterly Momentum40/100 · Moderate
Revenue (4Q): -3% YoY FlatOPM: -5.0% (down 4.0% YoY) Margin pressure
Industry Rank30/100 · Weak
ROCE 2.6% vs industry 9.3% Below peersROE 3.1% vs industry 134.8% Below peers3Y sales CAGR: 15% Moderate

Weights: Health 30% · Earnings Quality 25% · Momentum 20% · Industry Rank 15% · Smart Money 10%. Scores are computed from reported financials and recalculated daily. Not investment advice.

Orient Paper & Industries Ltd Investor Signals

Computed from valuation, cash flow, balance sheet, ownership and quarterly trend data already available in this stock page.

Value Trap Score
30/100
Low
Derived from: Cheapness + weak quality + weak cash support
Current data: P/E 0.0 vs Ind 25.3 | ROCE 2.6% | ROE 3.1% | CFO/NP N/A
Balance Sheet Stress
20/100
Comfortable
Derived from: Leverage + debt servicing + liquidity + debt trend
Current data: D/E 0.05x | IntCov 0.0x | Current 0.72x | Borrow/Reserve 0.17x
Cash Flow Reliability
100/100
Strong
Derived from: Cash backing of earnings + working capital pressure
Current data: CFO ₹0 Cr | NP ₹-55 Cr | CFO/NP N/A
Ownership Accumulation
-50
Distribution
Derived from: FII + DII + promoter direction, adjusted by crowding
Current data: FII -0.02 pp | DII -0.01 pp | Prom 0.00 pp
Business Momentum
+62
Stable
Derived from: Latest quarter sales + profit + OPM change
Current data: Q Sales +18.0% | Q NP +32.3% | Q OPM +11.0 pp
Derived FieldValueHow it is derived
Valuation Gap %+89.3%((Fair Value - CMP) / CMP) × 100
Borrowings / Reserves0.17xLatest borrowings divided by latest reserves
CFO / Net ProfitN/ALatest operating cash flow divided by latest net profit
FII Change-0.02 ppLatest FII% minus previous FII%
DII Change-0.01 ppLatest DII% minus previous DII%
Promoter Change0.00 ppLatest promoter% minus previous promoter%
Shareholder Count Change-2,877Latest shareholder count minus previous count
Quarterly Sales Change+18.0%Latest quarter sales vs previous quarter sales
Quarterly Profit Change+32.3%Latest quarter net profit vs previous quarter net profit
Quarterly OPM Change+11.0 ppLatest quarter OPM minus previous quarter OPM

Share Price and Basic Stock Data

Last Updated: April 2, 2026, 3:26 am

Market Cap 341 Cr.
Current Price 16.1
Intrinsic Value₹30.47
High / Low 31.5/13.2
Stock P/E
Book Value 73.3
Dividend Yield0.00 %
ROCE2.60 %
ROE3.08 %
Face Value 1.00
PEG Ratio0.00

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

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 341 Cr. 16.1 31.5/13.2 73.30.00 %2.60 %3.08 % 1.00
Emami Paper Mills Ltd 373 Cr. 61.7 123/55.010.5 96.22.59 %6.58 %4.80 % 2.00
Fundamental Analysis of Ruchira Papers Ltd 400 Cr. 134164/91.15.85 1383.76 %24.0 %19.7 % 10.0
Genus Paper & Boards Ltd 266 Cr. 10.4 22.0/8.6528.3 20.30.00 %4.73 %0.61 % 1.00
Star Paper Mills Ltd 200 Cr. 128 190/1165.12 4492.73 %7.76 %5.91 % 10.0
Industry Average694.36 Cr69.4125.25107.280.86%9.32%134.80%6.50

All Competitor Stocks of Orient Paper & Industries Ltd

Quarterly Result

MetricDec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Sales 253258243143203242238208230219238200236
Expenses 184190189154186242230226231230237232247
Operating Profit 696854-111718-17-1-101-32-11
OPM % 27%26%22%-8%9%0%3%-8%-1%-5%1%-16%-5%
Other Income 1191164526433102
Interest 2657988888866
Depreciation 8101010111212131313141414
Profit before tax 617250-231-14-10-32-18-29-18-42-29
Tax % 35%30%35%-30%395%-54%-36%-39%-41%-37%-290%-28%-28%
Net Profit 405032-16-3-6-6-20-11-1834-31-21
EPS in Rs 1.862.351.52-0.77-0.15-0.30-0.30-0.93-0.50-0.851.60-1.44-1.00

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

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: February 25, 2026, 7:16 am

MetricMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025TTM
Sales 1,5751,6671,819511661710607443586943832896894
Expenses 1,5291,6401,719510549572559477602781771911946
Operating Profit 462799111213848-33-1716261-15-52
OPM % 3%2%5%0%17%19%8%-8%-3%17%7%-2%-6%
Other Income 3919177711341210929251017
Interest 37445121151057510293228
Depreciation 47444425283233323133445156
Profit before tax 1-4221338013021-63-4414814-89-118
Tax % -190%-32%2%-16%38%22%5%-26%-34%33%55%-39%
Net Profit 4-2921384910220-47-29996-55-36
EPS in Rs 0.20-1.350.991.792.324.790.94-2.19-1.364.680.29-2.58-1.69
Dividend Payout % 48%-7%24%56%43%23%53%-11%-18%21%85%0%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2014-20152015-20162016-20172017-20182018-20192019-20202020-20212021-20222022-20232023-20242024-2025
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

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Sep 2025
Equity Capital 20202021212121212121212121
Reserves 4123793941,1891,2961,3641,2411,4471,5321,4941,5981,5141,534
Borrowings 33738044318690283688210274321400255
Other Liabilities 448444442407401392396404410415486473406
Total Liabilities 1,2181,2231,2991,8031,8091,8051,6951,9602,1732,2042,4262,4082,215
Fixed Assets 5185154931,2801,3541,3311,3231,3111,2891,4961,5971,6171,593
CWIP 23198611185354181717765105
Investments 9919238297289148436538390497448270
Other Assets 688697769199148168171159164248254278247
Total Assets 1,2181,2231,2991,8031,8091,8051,6951,9602,1732,2042,4262,4082,215

Reserves and Borrowings Chart

Cash Flow

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Cash from Operating Activity + 383676361269968-20-2462101-12
Cash from Investing Activity + -24-30-45-78151-47-7-87-98-98-28
Cash from Financing Activity + -7-41-7-146-100-213510435-439
Net Cash Flow 7231-49-5-108-8-1-1-1
Free Cash Flow 9025-461007418-39-151-46-38-77
CFO/OP 98%116%81%4,561%127%95%159%74%146%50%185%79%

Free Cash Flow

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Free Cash Flow-291.00-353.00-344.00-185.0022.00110.0012.00-121.00-227.00-112.00-260.00-415.00

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

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Debtor Days 987977172015161914767
Inventory Days 608477179117138146185100167166142
Days Payable 1131129419013315318623813695132119
Cash Conversion Cycle 455260740-24-33-21803930
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

MonthMar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 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 79,97983,15194,0351,01,91099,1451,08,6271,05,7381,06,6351,05,6351,06,3461,04,2261,01,349

Shareholding Pattern Chart

No. of Shareholders

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

Mutual Fund Holdings

Fund NameNo of SharesAUM (%)Amount Invested (Cr)Previous Number of SharesPrevious DatePercentage Change
HSBC Small Cap Fund - Regular Plan 6,140,857 0.19 24.876,140,8572025-04-22 17:25:230%
Quant Small Cap Fund 3,773,484 0.14 15.283,773,4842025-04-22 17:25:230%

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 25Mar 24Mar 23Mar 22Mar 21
FaceValue 1.001.001.001.001.00
Basic EPS (Rs.) -2.580.294.68-1.36-2.19
Diluted EPS (Rs.) -2.580.294.68-1.36-2.19
Cash EPS (Rs.) -0.152.356.230.10-0.66
Book Value[Excl.RevalReserv]/Share (Rs.) 72.3476.3071.4273.1869.18
Book Value[Incl.RevalReserv]/Share (Rs.) 72.3476.3071.4273.1869.18
Dividend / Share (Rs.) 0.000.251.000.250.25
Revenue From Operations / Share (Rs.) 42.2239.2144.4427.6020.89
PBDIT / Share (Rs.) -0.234.079.01-0.36-1.12
PBIT / Share (Rs.) -2.662.017.45-1.83-2.65
PBT / Share (Rs.) -4.190.646.96-2.07-2.96
Net Profit / Share (Rs.) -2.580.294.68-1.36-2.19
PBDIT Margin (%) -0.5610.3620.26-1.32-5.36
PBIT Margin (%) -6.295.1216.76-6.64-12.66
PBT Margin (%) -9.921.6515.65-7.49-14.15
Net Profit Margin (%) -6.100.7410.52-4.93-10.49
Return on Networth / Equity (%) -3.560.386.54-1.85-3.17
Return on Capital Employeed (%) -2.912.118.17-2.06-3.15
Return On Assets (%) -2.260.254.50-1.32-2.37
Long Term Debt / Equity (X) 0.090.060.090.040.03
Total Debt / Equity (X) 0.250.190.170.130.05
Asset Turnover Ratio (%) 0.370.350.430.280.24
Current Ratio (X) 0.790.490.760.460.72
Quick Ratio (X) 0.470.170.260.220.33
Inventory Turnover Ratio (X) 6.313.715.602.501.89
Dividend Payout Ratio (NP) (%) -9.70340.845.34-18.36-22.79
Dividend Payout Ratio (CP) (%) -160.4442.564.00228.13-74.94
Earning Retention Ratio (%) 109.70-240.8494.66118.36122.79
Cash Earning Retention Ratio (%) 260.4457.4496.00-128.13174.94
Interest Coverage Ratio (X) -0.152.9918.38-1.55-3.60
Interest Coverage Ratio (Post Tax) (X) -0.681.2210.55-4.80-6.05
Enterprise Value (Cr.) 880.611188.431058.03928.48587.27
EV / Net Operating Revenue (X) 0.981.431.121.591.32
EV / EBITDA (X) -173.8013.785.54-120.06-24.70
MarketCap / Net Operating Revenue (X) 0.541.050.841.251.17
Retention Ratios (%) 109.70-240.8494.65118.36122.79
Price / BV (X) 0.310.530.520.470.35
Price / Net Operating Revenue (X) 0.541.050.841.251.17
EarningsYield -0.110.010.12-0.03-0.08

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

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.
INDUSTRYADDRESSCONTACT
Paper & Paper ProductsUNIT-VIII, Plot No.7, Bhubaneshwar Orissa 751012Contact not found
Management
NamePosition Held
Mr. Chandra Kant BirlaNon Executive Chairman
Mr. Anant AgarwalManaging Director & CEO
Ms. Gauri RasgotraIndependent Director
Mr. S VishvanathanIndependent Director
Mr. Ashwin BishnoiIndependent Director
Mr. Raj Kumar AgrawalIndependent Director

FAQ

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

As of 05 April 2026, Orient Paper & Industries Ltd's intrinsic value is ₹30.47, which is 89.25% higher than the current market price of ₹16.10, suggesting the stock is undervalued. This is calculated using the PE ratio method factoring in ROE (3.08 %), book value (₹73.3), dividend yield (0.00 %), and 5-year EPS CAGR.

What is the current share price and 52-week range of Orient Paper & Industries Ltd?

Orient Paper & Industries Ltd is trading at ₹16.10 as of 05 April 2026, with a FY2026-2027 high of ₹31.5 and low of ₹13.2. The stock is currently near its 52-week low. Market cap stands at ₹341 Cr..

How does Orient Paper & Industries Ltd's P/E ratio compare to its industry?

Orient Paper & Industries Ltd has a P/E ratio of , which is below the industry average of 25.25. This is broadly in line with or below the industry average.

Is Orient Paper & Industries Ltd financially healthy?

Key indicators for Orient Paper & Industries Ltd: ROCE of 2.60 % is on the lower side compared to the industry average of 9.32%; ROE of 3.08 % is below ideal levels (industry average: 134.80%). Dividend yield is 0.00 %.

Is Orient Paper & Industries Ltd profitable and how is the profit trend?

Orient Paper & Industries Ltd reported a net profit of ₹-55 Cr in Mar 2025 on revenue of ₹896 Cr. Compared to ₹-29 Cr in Mar 2022, the net profit shows a mixed trend.

Does Orient Paper & Industries Ltd pay dividends?

Orient Paper & Industries Ltd has a dividend yield of 0.00 % at the current price of ₹16.10. The company is currently not paying meaningful dividends.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in Orient Paper & Industries Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE
Explore Industry-wise Stock Analysis Reports