Pudumjee Paper Products Ltd: Intrinsic Value & Share Price Analysis

Fair Value

₹74.09Overvalued by 24.17%vs CMP ₹97.70

P/E (10.2) × ROE (12.8%) × BV (₹70.50) × DY (0.61%)

₹103.84Fairly Valued by 6.28%vs CMP ₹97.70
MoS: +5.9% (Thin)Confidence: 43/100 (Low)Models: 3 Under, 3 Fair, 4 Over
ModelCategoryValueWeightSignal
PE-ROEEarnings₹90.2621%Fair (-7.6%)
Graham NumberEarnings₹124.4915%Under (+27.4%)
Earnings PowerEarnings₹74.5810%Over (-23.7%)
DCFCash Flow₹235.6910%Under (+141.2%)
Net Asset ValueAssets₹70.547%Over (-27.8%)
EV/EBITDAEnterprise₹111.708%Under (+14.3%)
Dividend DiscountDividends₹16.508%Over (-83.1%)
Earnings YieldEarnings₹97.707%Fair (0%)
ROCE CapitalReturns₹99.778%Fair (+2.1%)
Revenue MultipleRevenue₹85.175%Over (-12.8%)
Consensus (10 models)₹103.84100%Fairly Valued
Key Drivers: Wide model spread (₹17–₹236) — high uncertainty.

PE-ROE · Graham · EPV · DCF · NAV · EV/EBITDA · DDM · Earnings Yield · ROCE Capital · Revenue Multiple | CoE: 12% · Terminal: 4% · EPS CAGR: 21.8%

*Investments are subject to market risks

Analysis summary

Data coverage: Price-data record updated 14 September 2026, 2:17 pm +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

Pudumjee Paper Products Ltd: the stored intrinsic value estimate is ₹103.84, compared with a stored share price of ₹97.70. The model value is 6.3% above that quote. The model classifies this as fairly valued; it is an estimate dependent on the inputs and assumptions, not a price target or a buy/sell recommendation.

Operating performance

Revenue for Mar 2025 was ₹809.00 Cr, versus ₹785.00 Cr in Mar 2024 (3.1% year on year). Net profit for Mar 2025 was ₹96.00 Cr, versus ₹98.00 Cr in Mar 2024 (-2.0% 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 ₹82.00 Cr against net profit of ₹96.00 Cr. Cash flow covered 0.85 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 ₹43.00 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

72
Pudumjee Paper Products Ltd scores 72/100 (Strong)
Based on 5 dimensions: health, institutional flow, earnings quality, momentum, and peer comparison
Stock Health85/100 · Strong
ROCE 18.1% GoodROE 12.8% GoodD/E 0.01 Low debtInterest Coverage 45.2x StrongProfitable 5/5 available years Reported history
Smart Money50/100 · Moderate
FII holding stable No changePromoter holding at 71.6% Stable
Earnings Quality90/100 · Strong
CFO/NP ratio: 0.97x Cash-backed earningsOPM expanding (12% → 16%) Improving
Quarterly Momentum40/100 · Moderate
Revenue (4Q): -3% YoY FlatProfit (4Q): -19% YoY Declining
Industry Rank75/100 · Strong
P/E 10.2 vs industry 26.7 Lower P/EROCE 18.1% vs industry 16.1% AverageROE 12.8% vs industry 7.5% Above peers3Y sales CAGR: 13% 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.

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Share Price and Basic Stock Data

Last Updated: September 14, 2026, 2:17 pm

Market Cap 928 Cr.
Current Price 97.7
Intrinsic Value₹103.84
High / Low 130/63.1
Stock P/E10.2
Book Value 70.5
Dividend Yield0.61 %
ROCE18.1 %
ROE12.8 %
Face Value 1.00
PEG Ratio0.47

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

View Share Price Target for Pudumjee Paper Products Ltd

Competitors

Stock Name Market Cap Current Price High / Low Stock P/E Book Value Dividend Yield ROCE ROE Face Value
Pudumjee Paper Products Ltd 928 Cr. 97.7 130/63.110.2 70.50.61 %18.1 %12.8 % 1.00
NR Agarwal Industries Ltd 883 Cr. 519 574/35513.4 4790.39 %8.49 %6.04 % 10.0
Emami Paper Mills Ltd 702 Cr. 116 134/55.07.43 81.92.76 %11.4 %12.4 % 2.00
Satia Industries Ltd 680 Cr. 68.0 85.7/50.6 1090.59 %3.94 %3.83 % 1.00
Kuantum Papers Ltd 637 Cr. 73.0 121/65.017.6 1413.42 %5.24 %3.45 % 1.00
Industry Average2,051.47 Cr157.0241.95136.280.52%14.30%7.25%6.52

All Competitor Stocks of Pudumjee Paper Products Ltd

Quarterly Result

MetricDec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Sales 182183181195204205203222194190196207204
Expenses 163167163169160157166185168166163179176
Operating Profit 19161826444937382624342828
OPM % 11%9%10%13%22%24%18%17%13%13%17%14%14%
Other Income 222335465519-14
Interest 1122111111111
Depreciation 3333333333334
Profit before tax 17141524435037402725482328
Tax % 26%26%25%25%26%25%26%26%28%24%25%27%26%
Net Profit 13111118323728302019361721
EPS in Rs 1.341.131.181.863.363.942.903.132.061.993.821.782.18

Last Updated: February 4, 2026, 12:46 pm

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: February 25, 2026, 12:46 pm

MetricMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025TTM
Sales 0469514499590604437555759785809797
Expenses 0442465457552549369485672649684683
Operating Profit 02749423856687087136125114
OPM % 6%10%8%6%9%16%13%11%17%15%14%
Other Income 08-1335-16-88132027
Interest 01710988654533
Depreciation 0577712101111131314
Profit before tax 01331302641354680132129124
Tax % 50%20%35%36%35%34%13%25%25%25%26%
Net Profit 01021191727303559989693
EPS in Rs 0.201.072.172.021.762.873.163.646.2610.3410.099.77
Dividend Payout % 0%9%7%7%9%7%9%14%8%6%6%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2016-20172017-20182018-20192019-20202020-20212021-20222022-20232023-20242024-2025
YoY Net Profit Growth (%)110.00%-9.52%-10.53%58.82%11.11%16.67%68.57%66.10%-2.04%
Change in YoY Net Profit Growth (%)0.00%-119.52%-1.00%69.35%-47.71%5.56%51.90%-2.47%-68.14%

Pudumjee Paper Products Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 9 years from 2016-2017 to 2024-2025.

Growth

Compounded Sales Growth
10 Years:%
5 Years:6%
3 Years:13%
TTM:-1%
Compounded Profit Growth
10 Years:149%
5 Years:27%
3 Years:28%
TTM:-9%
Stock Price CAGR
10 Years:%
5 Years:56%
3 Years:44%
1 Year:8%
Return on Equity
10 Years:14%
5 Years:17%
3 Years:18%
Last Year:17%

Last Updated: September 5, 2025, 12:45 pm

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Balance Sheet

Last Updated: July 15, 2026, 4:00 am

MonthMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital 0.051010101010101010101010
Reserves 1195215233249270301333387483573660
Borrowings 011472648374587757221443
Other Liabilities 0111109137143162179178172200166208
Total Liabilities 1430406444484516548597626715763920
Fixed Assets 0172190214216230227211204272276399
CWIP 06748324229299294202821
Investments 00252024531077052150150128
Other Assets 1191143179202203185224276274310372
Total Assets 1430406444484516548597626715763920

Reserves and Borrowings Chart

Cash Flow

MonthMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity + -1158224145286173113382121
Cash from Investing Activity + 03-33-9-21-31-50-284-95-35-136
Cash from Financing Activity + 1-14-47-187-21-329-31-43-172
Net Cash Flow 042-3-004-24-531-13
Free Cash Flow -176512-74583-5424126579
CFO/OP 73%181%78%51%106%130%48%61%120%92%125%

Free Cash Flow

Free cash flow reported in the stored cash-flow statement (₹ Cr)
PeriodMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Free Cash Flow-1.007.0065.0012.00-7.0045.0083.00-54.0024.00126.0057.009.00

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

MonthMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Debtor Days 46424642324949313531
Inventory Days 1487199108120161188163155131
Days Payable 1167111094107164125659957
Cash Conversion Cycle 77413555454511212891104
Working Capital Days 3425435251763745975
ROCE %18%15%14%10%14%18%16%19%27%22%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters 71.31%71.31%71.31%71.31%71.31%71.31%71.31%71.56%71.56%71.56%71.56%71.56%
FIIs 0.65%0.43%0.43%1.62%1.90%2.41%1.50%1.14%0.97%1.01%1.01%0.91%
DIIs 0.00%0.01%0.00%0.00%0.00%0.00%0.00%0.01%0.01%0.01%0.01%0.01%
Public 28.05%28.24%28.27%27.07%26.78%26.29%27.18%27.29%27.45%27.40%27.42%27.53%
No. of Shareholders 38,58237,16539,97046,62648,75453,33156,16654,26652,23350,38349,09848,722

Shareholding Pattern Chart

No. of Shareholders

Pudumjee Paper Products 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

MonthMar 25Mar 24Mar 23Mar 22Mar 21
FaceValue 1.001.001.001.001.00
Basic EPS (Rs.) 10.0910.346.263.643.16
Diluted EPS (Rs.) 10.0910.346.263.643.16
Cash EPS (Rs.) 11.4711.677.454.814.26
Book Value[Excl.RevalReserv]/Share (Rs.) 61.3951.8541.8136.0932.70
Book Value[Incl.RevalReserv]/Share (Rs.) 61.3951.8541.8136.0932.70
Dividend / Share (Rs.) 0.600.600.500.500.30
Revenue From Operations / Share (Rs.) 85.2182.6779.9058.4846.01
PBDIT / Share (Rs.) 15.2815.749.987.988.01
PBIT / Share (Rs.) 13.8914.408.796.806.91
PBT / Share (Rs.) 13.5613.868.394.843.65
Net Profit / Share (Rs.) 10.0910.346.263.643.16
PBDIT Margin (%) 17.9219.0312.4913.6417.39
PBIT Margin (%) 16.3017.4211.0011.6315.00
PBT Margin (%) 15.9016.7710.508.287.94
Net Profit Margin (%) 11.8312.507.826.216.87
Return on Networth / Equity (%) 16.4219.9314.9610.079.67
Return on Capital Employeed (%) 19.6223.7616.0413.5215.95
Return On Assets (%) 12.5413.739.485.785.48
Long Term Debt / Equity (X) 0.010.010.100.150.05
Total Debt / Equity (X) 0.010.030.120.200.05
Asset Turnover Ratio (%) 1.091.171.240.960.82
Current Ratio (X) 4.662.872.832.211.97
Quick Ratio (X) 3.241.821.251.191.38
Inventory Turnover Ratio (X) 5.862.683.122.982.38
Dividend Payout Ratio (NP) (%) 5.944.837.998.240.00
Dividend Payout Ratio (CP) (%) 5.234.286.716.230.00
Earning Retention Ratio (%) 94.0695.1792.0191.760.00
Cash Earning Retention Ratio (%) 94.7795.7293.2993.770.00
Interest Coverage Ratio (X) 45.1829.1524.7915.3511.92
Interest Coverage Ratio (Post Tax) (X) 30.8320.1516.5310.779.55
Enterprise Value (Cr.) 894.60602.26385.81429.05235.11
EV / Net Operating Revenue (X) 1.110.760.500.770.53
EV / EBITDA (X) 6.174.034.075.663.09
MarketCap / Net Operating Revenue (X) 1.140.750.460.660.52
Retention Ratios (%) 94.0595.1692.0091.750.00
Price / BV (X) 1.581.210.881.080.73
Price / Net Operating Revenue (X) 1.140.750.460.660.52
EarningsYield 0.100.160.160.090.13

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Frequently asked questions

What is the intrinsic value of Pudumjee Paper Products Ltd and is it undervalued?

Pudumjee Paper Products Ltd: the stored intrinsic value estimate is ₹103.84, compared with a stored share price of ₹97.70. The model value is 6.3% above that quote. The model classifies this as fairly valued; 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 Pudumjee Paper Products Ltd?

The stored share price is ₹97.70. Price-data record updated: 14 September 2026, 2:17 pm +05:30. This is not a live quote. The stored 52-week high / low is 130/63.1; this is a rolling range, not a financial-year range.

How have Pudumjee Paper Products Ltd's revenue and profit changed?

Revenue for Mar 2025 was ₹809.00 Cr, versus ₹785.00 Cr in Mar 2024 (3.1% year on year). Net profit for Mar 2025 was ₹96.00 Cr, versus ₹98.00 Cr in Mar 2024 (-2.0% year on year). These are the latest annual periods stored on this page; check the quarterly table separately for more recent developments.

Does Pudumjee Paper Products Ltd's profit convert into cash?

For the same Mar 2025 period, operating cash flow was ₹82.00 Cr against net profit of ₹96.00 Cr. Cash flow covered 0.85 times reported profit. Cash generation supports the reported profit for this period; check whether this continues over several years.

What should I check in Pudumjee Paper Products Ltd's balance sheet?

Reported borrowings were ₹43.00 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 Pudumjee Paper Products Ltd's P/E with other stocks?

The stored P/E is 10.20. 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 Pudumjee Paper Products 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.

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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 Pudumjee Paper Products 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