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Prices as of 9 Oct 2026 close · Not investment advice

JK Paper Limited

NSE: JKPAPERPaper & Paper Products

Share price

₹365.50

-0.50% close of 9 Oct 2026

Market cap ₹6,616 CrP/E 20.2

Price-based ratios (P/B, dividend yield, EV/EBITDA) are as of 8 Oct 2026, the close above is 9 Oct 2026.

Business score

How strong the business is, in one number. The parts behind it are in Pro.

48

out of 100 · worked out 9 Oct 2026

How the business score works

Your ratios

The numbers you want to see first. Tap Edit to change them.

Market cap

₹6,616 Cr

P/E ratio

20.2

P/B ratio

1.2

ROCE

7.4%

ROE

4.8%

Dividend yield

1.0%

Price & valuation chart

How the share price and its valuation have moved. Hover over the chart to see any day. Prices as of the last close.

Prices as of 9 Oct 2026 close52-week high ₹430.6052-week low ₹306.40

Answers

Simple answers to the questions investors ask most, from the company's own numbers.

How fast it has been growing

Sales grew 10.0% over the past year, and 12.6% a year over its longer record. Meanwhile what it keeps of every 100 rupees of sales slipped from 25.6% to 13.1% over the last four years.

Whether it grew faster than its sector

It grew 12.6% a year against a sector median of 10.3% — 2.3 percentage points faster.

Room to re-rate, or risk of de-rating

At 20.2× earnings against a market that pays 24.1× across 2199 companies we can price. Its own industry sits at 17.4×, across 5 companies. It is against its own five-year median of 9.5×, the 78th percentile of its own range.

Whether growth justifies the valuation

Its earnings are falling, so growth cannot justify the price.

Profit growthPrice per ₹1 profitPer 1% growth
JK Paper Limited — this one-40%/yr20.2×—
West Coast Paper Mills Limited-46%/yr20.7×—
Seshasayee Paper and Boards Limited-41%/yr13.5×—
ANDHRA PAPER LIMITED-67%/yr48.0×—
N R Agarwal Industries Limited-22%/yr17.4×—
Tamil Nadu Newsprint & Papers Limited-14%/yr3.7×—

Compared with companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

How it compares with its peers

Against companies the exchange files under the same label (Paper & Paper Products), it ranks 6 of 22 on returns, 7 of 22 on growth, 5 of 22 on margin. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

What makes it hard to beat — and is that still true?

No durable advantage shows in the numbers: it earns 7.4% on capital, ahead of 73% of companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

Whether its growth pays for itself

Yes — Over the last five years it made ₹5328 crore of cash from the business, spent ₹2011 crore on plant and equipment, and returned ₹2103 crore to lenders and shareholders. And the profit is real: of every 100 rupees it reported over 12 years, about 175 arrived as cash — well above the profit; depreciation and interest are the reason, not a windfall. Its cash comes back more slowly than it used to: it went from being waiting 8 days for its cash to waiting 14 days for its cash.

Profit reality check

Is the profit real cash? Simple checks on the accounts. Facts only, not advice.

9 of 10 checks clear · 90%

How the profit check works

Latest result

What the last results showed. Whether management kept its word is in Pro.

Results are expected soon.

Checklist before you investPRO

Points for and against, in one list.

Key numbers & peers

The main numbers grouped by topic, and how the company compares with similar ones.

Price

Market cap
₹6,616 Cr
Prev close
₹365.50
52w High
₹442
52w Low
₹305
Enterprise value
₹8,614 Cr
Beta
1.1
Price CAGR 1y
-8.0%
Price CAGR 3y
0.0%
Price CAGR 5y
9.0%
Price CAGR 10y
17.0%

Ratios

Return on assets
2.6%
PEG ratio
-0.5
P/E ratio
20.2
P/B ratio
1.2
EV / EBITDA
8.9
Industry P/E
15.3
ROCE
7.4%
ROCE 5y average
16.0%
ROE
4.8%
Debt / Equity
0.5
Interest coverage
2.6
Dividend yield
1.0%
ROE 3y average
11.0%
ROE last year
5.0%

Annual P&L

Annual revenue
₹7,076 Cr
Annual profit
₹274 Cr
Operating margin
13.0%
Net profit margin
3.9%
EBITDA margin
13.1%
Sales growth 3y
3.2%
Sales growth 5y
20.8%
Profit growth 3y
-40.0%
Profit growth 5y
3.0%
EPS
₹14.7
Sales growth TTM
10.0%
Profit growth TTM
-4.0%
Dividend payout
27.0%

Quarter P&L

Sales latest quarter
₹1,887 Cr
Profit latest quarter
₹136 Cr
YoY quarterly sales growth
13.6%
YoY quarterly profit growth
61.9%
OPM latest quarter
15.3%

Balance Sheet

Book Value
₹305
Face Value
₹10.0
Total debt
₹2,578 Cr
Total cash
₹179 Cr
Borrowings
₹2,578 Cr
Reserves / Equity
29.5

Cash Flow

Operating cash flow
₹773 Cr
Free cash flow
₹282 Cr
FCF yield
0.9%
Net cash flow
₹133 Cr

Shareholding

Promoter holding
52.9%
FII holding
11.4%
DII holding
6.3%
Public holding
29.4%

Peer comparison

CompanyPrice ₹P/EMkt cap ₹ CrDiv yield %Profit qtr ₹ CrProfit var %Sales qtr ₹ CrSales var %ROCE %
JK Paper384.5021.36,9721.04136.364.51,887.213.67.4
West Coast Paper732.3021.14,8370.41141.8145.41,051.310.16.2
Seshasayee Paper231.3114.71,4590.8631.9106.8492.127.75.6
Andhra Paper70.0750.41,3930.7130.342.3393.80.10.0
N R Agarwal Inds660.9017.01,1250.3035.0111.4647.043.18.5
T N Newsprint143.353.89922.795.7177.51,146.60.46.4
Pudumjee Paper96.3610.19150.6233.7-7.0202.93.318.1
Median96.3615.93450.306.242.3201.27.16.2

Competes with: ANDHRA PAPER LIMITED, Astron Paper & Board Mill Limited, Balkrishna Paper Mills Limited, Emami Paper Mills Limited, Genus Paper & Boards Limited, Kuantum Papers Limited, Magnum Ventures Limited, Malu Paper Mills Limited, N R Agarwal Industries Limited, Orient Paper & Industries Limited, PAKKA LIMITED, Pudumjee Paper Products Limited, Ruchira Papers Limited, Satia Industries Limited, Seshasayee Paper and Boards Limited, Shree Ajit Pulp & Paper Limited, Shree Rama Newsprint Limited, Shreyans Industries Limited, Star Paper Mills Limited, Tamil Nadu Newsprint & Papers Limited, West Coast Paper Mills Limited

Quarterly results

Sales and profit for each of the last 13 quarters. Newest on the right. ₹ crore.

Consolidated · to 30 Jun 2026
Line itemJun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales1,5841,6501,7061,7191,7141,6831,6321,6771,6611,7491,7171,9661,887
Expenses1,1071,2431,3341,3601,4331,4191,4641,4601,4111,5251,5411,6891,597
Material Cost1,0701,0541,1261,0881,1691,155
Change in Inventories-41-58-53-3.1748-46
Purchases of Stock-in-Trade333.142.68212.761.59
Employee Cost150165177184171198
Other Expenses261264271296300289
Operating Profit477407372359280264168218250224176277290
OPM %30252221161610131513101415
Other Income555956572932221223203-031
Exceptional items (within Other Income)000-14-30
Interest51428035366824506751476040
Depreciation808483638082838689919710099
Profit before tax401341265318193145839311610134117182
Tax %22101113271121292823342326
Net Profit313306236279141129656784782490136
EPS in Rs181814168.257.593.8644.674.411.245.077.18
Diluted EPS in Rs4.454.804.421.615.077.18

Profit & loss

Yearly sales, costs and profit for 12 years, plus the last 12 months (TTM). ₹ crore.

Consolidated · to 31 Mar 2026
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales2,1602,4372,6292,8443,2573,0602,7513,9696,4376,6596,6627,0767,319
Expenses1,9022,0422,1122,2262,3882,1892,1882,9714,4255,0445,7336,1526,352
Material Cost4,1394,437
Change in Inventories-100-73
Purchases of Stock-in-Trade398.46
Employee Cost625696
Other Expenses1,0861,084
Operating Profit2593965176188688715639972,0121,616929924967
OPM %12162022272820253124141313
Other Income37352250104111124139227974353
Exceptional items (within Other Income)0-17
Interest205195188143124129129132222208178225198
Depreciation116118121122128149174193282310332377387
Profit before tax-60892443756666963707971,6461,325517364435
Tax %-693228313633363227142125
Net Profit-18561722614254682375441,2081,133407272327
EPS in Rs-1.353.771115242714327166241518
Diluted EPS in Rs2315
Dividend Payout %01314171515281711132127

Compounded growth

Average yearly growth over different spans, as stored. A span can cross a demerger or an acquisition.

Compounded sales growth

10 years
11%
5 years
21%
3 years
3%
TTM
10%

Compounded profit growth

10 years
17%
5 years
3%
3 years
-40%
TTM
-4%

Stock price CAGR

10 years
17%
5 years
9%
3 years
0%
1 year
-8%

Return on equity

10 years
16%
5 years
16%
3 years
11%
Last year
5%

Balance sheet

What the company owns and what it owes, at the end of each year. ₹ crore.

Consolidated
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital137149156176178178169169169169169181
Reserves6399541,1651,4681,8602,1872,3472,8273,8654,9005,2035,339
Borrowings2,1041,8921,6981,3101,5631,7822,7903,1372,8032,2041,8852,578
Other Liabilities4484855776569211,1431,2491,4922,0832,0532,1442,433
Minority Interest248266
Total Liabilities3,3283,4783,5963,6084,5225,2906,5557,6258,9209,3269,40110,531
Fixed Assets2,3702,7522,6882,6542,7063,1423,0315,2805,7565,8466,2556,511
CWIP272016373294001,704461246699421
Investments4702591526754916417249311,158556537
Other Assets9276366337668121,2581,1801,5742,1102,2562,4913,062
Total Assets3,3283,4783,5963,6084,5225,2906,5557,6258,9209,3269,40610,538

Cash flows

Real money coming in and going out each year — from the business, from investments and from loans. ₹ crore.

Consolidated
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity2604055655608795584757741,7621,376643773
Cash from Investing Activity-14-34-26240-1,115-395-1,282-874-948-410-28-814
Cash from Financing Activity-240-373-289-507140-148784103-787-938-656175
Net Cash Flow6-21493-9715-2232728-40133
Free Cash Flow171367506472406-163-696-531,5521,140396282

Ratios

How fast customers pay, how long stock sits, and how well capital earns — year by year.

Consolidated
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days2521151489102020202428
Inventory Days10283949478133106110105100109113
Days Payable654757616210211011184726671
Cash Conversion Cycle62575347244071940486669
Working Capital Days-7-34-34-24-13-3-10812304514
ROCE %510131723211016282097

Shareholding pattern

Who owns the company — founders (promoters), foreign funds, Indian funds and the public. In %.

Consolidated · to 30 Jun 2026
Line itemSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters505050505050505050505353
FIIs11119.26121112121212121211
DIIs3.183.373.715.715.815.555.505.475.585.866.156.27
Public363637333333333333322929
No. of Shareholders1,40,7391,43,4841,43,6141,23,1651,46,9461,50,3421,56,1341,51,6891,42,6221,36,0671,31,7921,30,169

Price trend

The price as a Renko brick chart: small moves drop out so the bigger path stands out.

Change over 1 year -13.1% (₹420.60 → ₹365.50)Brick size ₹13.72 (fixed)Bricks 30
₹350₹400₹366Nov '25Feb '26May '26Sep '26
Price moved up one brickPrice moved down one brickLast close ₹365.50 on 9 Oct 2026

Every brick is the same size, about one typical day's move. A new brick needs a full brick's move; turning the other way needs two. Bricks show where the price went, not where it will go.

Open interestPRO

Where option traders are positioned on this stock.

Industry numbers

The numbers that matter most in this industry, from the company's own filings.

1 when an audit qualification is filed as repetitive

0.00flag

2026-03-31

the company's own unlisted debt securities in default at period end

0.00cr

2026-06-30

the company's own loans / revolving facilities in default at period end (standalone filing)

0.00cr

2026-06-30

net debt from the filed balance sheet at the newest year end: Borrowings − Cash Equivalents − Investments (Current); negative = net cash

1,998inr_cr

2026-03-31

guarantees / comfort given for promoter, promoter group, directors and KMP

0.00cr

2026-03-31

loans outstanding to promoter, promoter group, directors and KMP (governance filing)

123cr

2026-03-31

security given for the borrowing of promoter, promoter group, directors and KMP

0.00cr

2026-03-31

FY revenue / permanent employees + workers, same basis (calc)

1,78,03,221inr

2026-03-31

News

News and filings about JK Paper Limited. Open one to see why it matters.

Supply chain

Who it buys from, sells to and competes with — as recorded in our map of company links.

Competes with

Uses as raw material

  • coal and other fuels
  • hardwood and bamboo wood
  • imported softwood/mechanical pulp
  • pulping and bleaching chemicals

Depends on the price of

  • caustic_soda
  • coal
  • paper_pulp
  • timber/logs
  • water

Sells to

Buys from

About

What the company is, from our own records: where it sits, where it makes things, and what it is made of.

Sector
Forest Materials
Industry
Paper & Paper Products
Classification
Forest Materials › Paper & Paper Products
ISIN
INE789E01012

Business segments

  • Paper and Packaging · 97%
  • Others · 3%

Plants

  • Central Pulp Mills (CPM)
  • JK Paper Mills (JKPM)
  • Sirpur Paper Mills (SPM)

News impact

Big market events that reach JK Paper Limited, and how the effect spreads.

No recent market events reach this company.

Dividends, splits & big trades

Money paid out, share splits and buybacks, and big buys or sells by funds and insiders.

Dividends

19 Aug 2026unspecified₹4
18 Aug 2025unspecified₹5
20 Aug 2024unspecified₹5
16 Feb 2024interim₹3.5
18 Aug 2023unspecified₹4
17 Feb 2023interim₹4
23 Aug 2022unspecified₹5.5
12 Aug 2021unspecified₹4

Splits, bonuses & buybacks

  • daily-prices repair: 9 rows from NSE's archive (replace 1, delete 1, insert 7), 2016-10-30..2026-02-01 (docs/flat_day_repair.md)1× · 30 Oct 2016

Documents

Annual reports, results presentations and earnings calls, straight from the source.

Facts from company filings and exchange data. Not investment advice: nothing here tells you to buy or sell.