Fundamental Analysis of Ruchira Papers Ltd

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Basic Stock Data of Ruchira Papers Ltd

Last Updated: August 31, 2026, 6:35 pm

Market Cap	400 Cr.
Current Price	134
Intrinsic Value	₹216.12
High / Low	164/91.1
Stock P/E	5.85
Book Value	138
Dividend Yield	3.76 %
ROCE	24.0 %
ROE	19.7 %
Face Value	10.0
PEG Ratio	0.42

Competitors

Stock Name ⇩	Market Cap ⇩	Current Price ⇩	High / Low ⇩	Stock P/E ⇩	Book Value ⇩	Dividend Yield ⇩	ROCE ⇩	ROE ⇩	Face Value ⇩
Fundamental Analysis of Ruchira Papers Ltd	400 Cr.	134	164/91.1	5.85	138	3.76 %	24.0 %	19.7 %	10.0
Orient Paper & Industries Ltd	366 Cr.	17.2	29.8/13.2		69.2	0.00 %	4.24 %	1.88 %	1.00
Genus Paper & Boards Ltd	286 Cr.	11.1	20.4/8.65	30.4	20.3	0.00 %	4.73 %	0.61 %	1.00
Star Paper Mills Ltd	228 Cr.	146	184/116	7.36	454	1.71 %	5.03 %	4.71 %	10.0
Shreyans Industries Ltd	169 Cr.	122	247/122		309	1.22 %	2.44 %	1.46 %	10.0
Industry Average	779.00 Cr	82.60		40.11	108.17	0.70%	17.77%	9.27%	6.50

All Competitor Stocks of

Ruchira Papers Ltd Quarterly Results

Metric	Sep 2020	Dec 2020	Mar 2021	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023
Sales	99	117	141	126	148	148	191	199	221	202	181	169	170
Expenses	95	112	125	115	134	135	164	178	189	175	151	135	151
Operating Profit	4	5	17	11	14	13	26	20	31	28	30	34	19
OPM %	4%	5%	12%	9%	9%	9%	14%	10%	14%	14%	16%	20%	11%
Other Income	0	0	1	0	0	0	1	0	1	0	0	0	1
Interest	2	1	1	2	2	2	1	2	2	1	1	1	1
Depreciation	3	4	3	3	4	4	4	4	4	4	4	4	4
Profit before tax	-1	1	13	6	9	8	22	16	27	23	25	29	14
Tax %	44%	23%	23%	25%	25%	26%	26%	26%	25%	25%	25%	25%	25%
Net Profit	-1	0	10	5	7	6	16	12	20	17	19	22	11
EPS in Rs	-0.28	0.15	3.70	1.69	2.47	2.12	5.82	4.04	6.67	5.78	6.32	7.29	3.55

Last Updated: Unknown

Ruchira Papers Ltd Quarterly Chart

Ruchira Papers Ltd Profit & Loss

Last Updated: Unknown

Metric	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	TTM
Sales	283	296	318	345	361	416	447	494	481	415	613	803	678
Expenses	242	245	270	306	313	352	373	412	437	390	549	694	582
Operating Profit	40	51	49	39	47	64	74	82	44	25	64	109	96
OPM %	14%	17%	15%	11%	13%	15%	17%	17%	9%	6%	10%	14%	14%
Other Income	1	2	2	1	1	1	4	1	2	1	1	2	2
Interest	20	17	14	10	7	8	8	8	7	6	6	5	4
Depreciation	11	11	12	10	10	11	12	13	14	14	14	15	16
Profit before tax	11	25	25	20	32	46	58	62	25	6	45	91	78
Tax %	34%	33%	40%	37%	39%	30%	35%	36%	-9%	19%	26%	25%
Net Profit	8	16	15	13	19	32	38	40	27	5	33	68	58
EPS in Rs	3.07	6.66	6.19	5.19	7.88	13.16	15.39	15.07	10.25	1.87	11.95	22.66	19.58
Dividend Payout %	0%	14%	18%	23%	17%	16%	13%	14%	0%	49%	15%	22%

Ruchira Papers Ltd Profit & Loss Yearly Chart

No data available for the compounded sales growth chart.

Ruchira Papers Ltd Balance Sheet

Last Updated: Unknown

Month	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Sep 2023
Equity Capital	22	22	22	22	22	22	22	24	24	24	25	30	30
Reserves	48	61	74	83	98	130	169	220	240	246	281	351	382
Borrowings	124	106	93	71	73	61	88	75	68	76	66	42	29
Other Liabilities	53	61	67	70	74	87	86	92	69	68	87	86	87
Total Liabilities	248	251	256	247	267	300	366	411	401	414	460	508	528
Fixed Assets	162	156	152	148	173	178	228	231	234	235	251	296	291
CWIP	-0	0	-0	1	-0	3	3	3	5	30	27	4	6
Investments	-0	-0	-0	-0	-0	-0	-0	-0	-0	-0	-0	-0	-0
Other Assets	86	95	103	98	94	119	136	177	162	149	182	208	232
Total Assets	248	251	256	247	267	300	366	411	401	414	460	508	528

Ruchira Papers Ltd Reserves and Borrowings Chart

Ruchira Papers Ltd 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 +	38	40	33	47	23	38	34	35	62	41	92	65
Cash from Investing Activity +	-5	-32	-19	-59	-15	-18	-38	-26	-36	-26	-114	-140
Cash from Financing Activity +	-34	-9	-14	11	-8	-20	3	-9	-26	-16	23	75
Net Cash Flow	-1	-0	0	-0	0	0	-1	-0	0	-0	1	-1
Free Cash Flow	32	7	13	-13	7	19	-5	8	24	13	56	-172
CFO/OP	116%	102%	69%	80%	55%	109%	136%	66%	79%	71%	101%	96%

Ruchira Papers Ltd 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	50	36	35	38	39	47	48	57	41	38	44	44
Inventory Days	74	71	64	76	92	102	86	92	78	56	82	84
Days Payable	36	34	24	27	25	22	20	27	21	10	11	5
Cash Conversion Cycle	88	73	75	88	105	126	114	122	99	83	114	122
Working Capital Days	8	7	8	28	25	48	48	48	47	53	80	60
ROCE %	21%	17%	21%	27%	27%	24%	10%	4%	14%	24%	16%	19%

Ruchira Papers Ltd Financial Efficiency Indicators Chart

No data available for the Shareholding

No data available for the Shareholding Pattern chart.

No data available for the No. of Shareholders chart.

This stock is not held by any mutual fund.

Ruchira Papers Ltd ROCE Trend

Ruchira Papers Ltd EPS Trend

Ruchira Papers Ltd Key Financial Ratios

Month	Mar 23	Mar 22	Mar 21	Mar 20	Mar 19
FaceValue	10.00	10.00	10.00	10.00	10.00
Basic EPS (Rs.)	22.66	13.13	2.06	11.29	17.43
Diluted EPS (Rs.)	22.66	12.89	2.06	11.29	17.43
Cash EPS (Rs.)	27.78	18.86	7.74	16.94	21.99
Book Value[Excl.RevalReserv]/Share (Rs.)	127.48	122.83	111.39	109.09	100.75
Book Value[Incl.RevalReserv]/Share (Rs.)	127.48	122.83	111.39	109.09	100.75
Dividend / Share (Rs.)	5.00	2.00	1.00	0.00	2.25
Revenue From Operations / Share (Rs.)	268.96	243.16	171.29	198.34	203.69
PBDIT / Share (Rs.)	37.17	25.82	10.63	18.80	34.64
PBIT / Share (Rs.)	32.06	20.09	4.94	13.15	29.24
PBT / Share (Rs.)	30.37	17.67	2.55	10.36	25.74
Net Profit / Share (Rs.)	22.66	13.13	2.06	11.29	16.59
PBDIT Margin (%)	13.82	10.61	6.20	9.48	17.00
PBIT Margin (%)	11.91	8.26	2.88	6.62	14.35
PBT Margin (%)	11.29	7.26	1.48	5.22	12.63
Net Profit Margin (%)	8.42	5.39	1.20	5.69	8.14
Return on Networth / Equity (%)	17.77	10.68	1.84	10.34	16.46
Return on Capital Employeed (%)	22.86	14.18	3.74	10.45	23.59
Return On Assets (%)	13.30	7.19	1.20	6.82	9.78
Long Term Debt / Equity (X)	0.00	0.03	0.05	0.02	0.05
Total Debt / Equity (X)	0.11	0.18	0.23	0.22	0.24
Asset Turnover Ratio (%)	1.66	1.40	1.02	1.18	1.27
Current Ratio (X)	2.31	1.77	1.58	1.68	1.60
Quick Ratio (X)	1.34	0.85	0.80	0.87	0.84
Inventory Turnover Ratio (X)	6.29	5.37	3.80	4.00	4.08
Dividend Payout Ratio (NP) (%)	8.02	7.32	0.00	19.93	12.53
Dividend Payout Ratio (CP) (%)	6.54	5.10	0.00	13.27	9.46
Earning Retention Ratio (%)	91.98	92.68	0.00	80.07	87.47
Cash Earning Retention Ratio (%)	93.46	94.90	0.00	86.73	90.54
Interest Coverage Ratio (X)	22.08	10.68	4.44	6.65	10.37
Interest Coverage Ratio (Post Tax) (X)	14.46	6.43	1.86	4.97	6.02
Enterprise Value (Cr.)	320.26	345.49	216.15	139.45	314.54
EV / Net Operating Revenue (X)	0.39	0.56	0.52	0.28	0.63
EV / EBITDA (X)	2.89	5.31	8.39	3.06	3.74
MarketCap / Net Operating Revenue (X)	0.34	0.47	0.36	0.17	0.51
Retention Ratios (%)	91.97	92.67	0.00	80.06	87.46
Price / BV (X)	0.73	0.93	0.56	0.31	1.05
Price / Net Operating Revenue (X)	0.34	0.47	0.36	0.17	0.51
EarningsYield	0.24	0.11	0.03	0.33	0.15

Ruchira Papers Ltd Profitability Ratios (%)

Ruchira Papers Ltd Liquidity Ratios

Ruchira Papers Ltd Liquidity Ratios (%)

Ruchira Papers Ltd Interest Coverage Ratios (X)

Ruchira Papers Ltd Valuation Ratios

Fair Value

₹132.01Fairly Valued by 1.49%vs CMP ₹134.00

P/E (5.9) × ROE (19.7%) × BV (₹138.00) × DY (3.76%)

₹216.12Undervalued by 61.28%vs CMP ₹134.00

MoS: +38% (Strong)Confidence: 57/100 (Moderate)Models: 7 Under, 2 Fair, 1 Over

Model	Category	Value	Weight	Signal
PE-ROE	Earnings	₹150.26	20%	Under (+12.1%)
Graham Number	Earnings	₹246.57	15%	Under (+84%)
Earnings Power	Earnings	₹85.67	10%	Over (-36.1%)
DCF	Cash Flow	₹366.06	12%	Under (+173.2%)
Net Asset Value	Assets	₹138.02	7%	Fair (+3%)
EV/EBITDA	Enterprise	₹322.61	8%	Under (+140.8%)
Dividend Discount	Dividends	₹123.75	8%	Fair (-7.6%)
Earnings Yield	Earnings	₹195.80	7%	Under (+46.1%)
ROCE Capital	Returns	₹290.42	8%	Under (+116.7%)
Revenue Multiple	Revenue	₹269.01	5%	Under (+100.8%)
Consensus (10 models)		₹216.12	100%	Undervalued

Key Drivers: Wide model spread (₹86–₹366) — high uncertainty.

PE-ROE · Graham · EPV · DCF · NAV · EV/EBITDA · DDM · Earnings Yield · ROCE Capital · Revenue Multiple | CoE: 12% · Terminal: 4% · EPS CAGR: 13.8%

*Investments are subject to market risks