Fin Cascade

Prices as of 9 Oct 2026 close · Not investment advice

Orient Paper & Industries Limited

NSE: ORIENTPPRPaper & Paper Products

Share price

₹15.80

+0.45% close of 9 Oct 2026

Market cap ₹332 CrP/E —

Price-based ratios (P/B, dividend yield, EV/EBITDA) are as of 6 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.

38

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

₹332 Cr

P/E ratio

—

P/B ratio

0.2

ROCE

-4.2%

ROE

10.5%

Dividend yield

0.0%

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 ₹26.6652-week low ₹13.98

Answers

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

How fast it has been growing

Our sales figures for this company step down at Jun 2016 and we hold nothing that says why, so we cannot honestly quote a growth rate across it.

Whether it grew faster than its sector

Our sales figures for this company step down at Jun 2016 and we hold nothing that says why, so there is no honest growth rate of its own to set against its sector.

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

It has no earnings, so there is no price-to-earnings to compare.

Whether growth justifies the valuation

It has no earnings to weigh the price against.

Profit growthPrice per ₹1 profitPer 1% growth
Orient Paper & Industries Limited — this one9%/yr——
JK Paper Limited-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×—

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 19 of 22 on returns, 20 of 22 on growth, 20 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?

It is losing money on the capital in the business, so there is no advantage to measure.

Whether its growth pays for itself

No — Over the last five years it made ₹100 crore of cash from the business but spent ₹490 crore on plant and equipment, ₹390 crore more than it made; the gap was mostly borrowed — borrowings rose from ₹210 crore to ₹292 crore. And the profit is real: of every 100 rupees it reported over 12 years, about 357 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 paid 99 days before it paid its own suppliers to paid 66 days before it paid its own suppliers.

Profit reality check

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

7 of 10 checks clear · 70%

How the profit check works

Latest result · Q1 FY27

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

Announced 7 Aug 2026 · Standalone · Unaudited

Revenue

₹228 Cr

Net profit

-₹8 Cr

Net margin

-3.6%

EPS

₹-0.39

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
₹332 Cr
Prev close
₹15.80
52w High
₹26.9
52w Low
₹13.3
Enterprise value
₹623 Cr
Beta
1.6
Price CAGR 1y
-40.0%
Price CAGR 3y
-31.0%
Price CAGR 5y
-12.0%
Price CAGR 10y
-6.0%

Ratios

Return on assets
-1.3%
PEG ratio
—
P/E ratio
—
P/B ratio
0.2
EV / EBITDA
—
Industry P/E
15.3
ROCE
-4.2%
ROCE 5y average
0.2%
ROE
10.5%
Debt / Equity
0.2
Interest coverage
-3.1
Dividend yield
0.0%
ROE 3y average
-2.0%
ROE last year
-2.0%

Annual P&L

Annual revenue
₹906 Cr
Annual profit
-₹29 Cr
Operating margin
-4.2%
Net profit margin
-3.2%
EBITDA margin
-4.2%
Sales growth 3y
-1.3%
Sales growth 5y
15.4%
Profit growth 3y
9.0%
Profit growth 5y
7.0%
EPS
₹-1.4
Sales growth TTM
0.0%
Profit growth TTM
-399.0%
Dividend payout
0.0%

Quarter P&L

Sales latest quarter
₹228 Cr
Profit latest quarter
-₹8 Cr
YoY quarterly sales growth
-4.5%
YoY quarterly profit growth
-124.3%
OPM latest quarter
3.5%

Balance Sheet

Book Value
₹69.9
Face Value
₹1.0
Total debt
₹292 Cr
Total cash
₹1 Cr
Borrowings
₹292 Cr
Reserves / Equity
68.9

Cash Flow

Operating cash flow
-₹27 Cr
Free cash flow
-₹78 Cr
FCF yield
-30.9%
Net cash flow
₹0 Cr

Shareholding

Promoter holding
38.7%
FII holding
0.2%
DII holding
0.3%
Public holding
60.8%

Peer comparison

CompanyPrice ₹P/EMkt cap ₹ CrDiv yield %Profit qtr ₹ CrProfit var %Sales qtr ₹ CrSales var %ROCE %
JK Paper393.4521.87,1341.02136.364.51,887.213.67.4
West Coast Paper753.0521.74,9780.40141.8145.41,051.310.16.2
Seshasayee Paper233.8714.71,4570.8631.9106.8492.127.75.6
Andhra Paper70.4850.71,4020.7130.342.3393.80.10.0
N R Agarwal Inds658.2517.01,1200.3035.0111.4647.043.18.5
T N Newsprint145.943.91,0082.745.7177.51,146.60.46.4
Pudumjee Paper96.1610.09140.6233.7-7.0202.93.318.1
Orient Paper16.263440.00-8.3-124.3227.6-4.5-4.2
Median98.8516.13440.306.242.3201.27.16.2

Competes with: ANDHRA PAPER LIMITED, JK Paper Limited, N R Agarwal Industries Limited, Pudumjee Paper Products Limited, Seshasayee Paper and Boards 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.

Standalone · to 30 Jun 2026
Line itemJun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales243143203242238208230219238200236231228
Expenses189154186242230226231230237232247228220
Material Cost931031001129696
Change in Inventories4.230.45-3.421.026.34-7.57
Purchases of Stock-in-Trade000000
Employee Cost252425282625
Other Expenses108109111106100105
Operating Profit54-11170.778.22-17-1.23-101.40-32-113.808
OPM %22-8.048.570.323.45-8.36-0.53-4.760.59-16-4.681.643.51
Other Income115.743.695.242.156.064.493.082.799.691.823.162.40
Exceptional items (within Other Income)000000
Interest57.438.817.667.878.178.358.098.115.665.984.796.59
Depreciation10101112121313131414141615
Profit before tax50-231.09-14-9.96-32-18-29-18-42-29-14-11
Tax %35-30395-54-36-39-41-37-290-28-28-21-24
Net Profit32-16-3.22-6.42-6.42-20-11-1834-31-21-11-8.25
EPS in Rs1.52-0.77-0.15-0.30-0.30-0.93-0.50-0.851.60-1.44-1-0.52-0.39
Diluted EPS in Rs-0.851.60-1.44-1-0.52-0.39

Profit & loss

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

Standalone · to 31 Mar 2026
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales1,6671,819511661710607443586943832896906895
Expenses1,6401,719510549572559477602781771911944927
Material Cost390411
Change in Inventories-6.594.39
Purchases of Stock-in-Trade00
Employee Cost99103
Other Expenses434426
Operating Profit2799111213848-33-1716261-15-38-32
OPM %1.6050.2017198-8-2.90177-1.60-4.20-3.50
Other Income1917771134121092925101717
Exceptional items (within Other Income)00
Interest44512115105751029322523
Depreciation44442528323332313344515859
Profit before tax-4221338013021-63-4414814-89-103-96
Tax %-322-1638225-26-343355-39-72
Net Profit-2921384910220-47-29996-55-29-71
EPS in Rs-1.350.991.792.324.790.94-2.19-1.364.680.29-2.58-1.36-3.35
Diluted EPS in Rs-2.58-1.36
Dividend Payout %-72456432353-11-18218500

Compounded growth

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

Compounded sales growth

10 years
-7%
5 years
15%
3 years
-1%
TTM
0%

Compounded profit growth

10 years
—
5 years
7%
3 years
9%
TTM
-399%

Stock price CAGR

10 years
-6%
5 years
-12%
3 years
-31%
1 year
-40%

Return on equity

10 years
1%
5 years
0%
3 years
-2%
Last year
-2%

Balance sheet

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

Standalone
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital202021212121212121212121
Reserves3793941,1891,2961,3641,2411,4471,5321,4941,5981,5141,447
Borrowings38044318690283688210274321400292
Other Liabilities444442407401392396404410415486473419
Total Liabilities1,2231,2991,8031,8091,8051,6951,9602,1732,2042,4262,4082,179
Fixed Assets5154931,2801,3541,3311,3231,3111,2891,4961,5971,6171,594
CWIP319861118535418171776589
Investments919238297289148436538390497448210
Other Assets697769199148168171159164248254278287
Total Assets1,2231,2991,8031,8091,8051,6951,9602,1732,2042,4262,4082,179

Cash flows

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

Standalone
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity3676361269968-20-2462101-12-27
Cash from Investing Activity-30-45-78151-47-7-87-98-98-28164
Cash from Financing Activity-41-7-146-100-213510435-439-138
Net Cash Flow231-49-5-108-8-1-1-1-0
Free Cash Flow025-461007418-39-151-46-38-77-78

Ratios

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

Standalone
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days79771720151619147677
Inventory Days8477179117138146185100167166142140
Days Payable1129419013315318623813695132119115
Cash Conversion Cycle5260740-24-33-2180393032
Working Capital Days-9-4-85-38-4-25-52-99-26-93-106-66
ROCE %092782-4-282-3-4

Shareholding pattern

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

Standalone · to 30 Jun 2026
Line itemSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters393939393939393939393939
FIIs1.830.9811.041.061.010.890.590.530.510.220.18
DIIs7.773.183.142.902.901.690.250.280.290.280.370.28
Public525757575759606060606161
No. of Shareholders94,0351,01,91099,1451,08,6271,05,7381,06,6351,05,6351,06,3461,04,2261,01,34998,62496,940

Price trend

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

Change over 1 year -40.3% (₹26.45 → ₹15.80)Brick size ₹0.50 (fixed)Bricks 55
₹15.00₹20.00₹25.00₹15.80Nov '25Jan '26Mar '26May '26Jul '26Sep '26
Price moved up one brickPrice moved down one brickLast close ₹15.80 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

291inr_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)

0.00cr

2026-03-31

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

0.00cr

2026-03-31

News

News and filings about Orient Paper & Industries Limited. Open one to see why it matters.

No recent news for this company.

Supply chain

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

Uses as raw material

  • Bamboo fibre
  • Coal (AFBC boiler; partly displaced by in-house wood dust)
  • Mixed hardwood / pulpwood (incl. Butea monosperma 'Palash' hardwood)
  • Process chemicals (chlorine dioxide and bleaching chemicals)
  • Sodium chloride / salt brine for the chlor-alkali plant
  • Water

Depends on the price of

  • coal
  • timber/logs

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
INE592A01026

Business segments

  • Paper & Tissue · 81%
  • Chemicals · 19%

Plants

  • Orient Paper Mills, Amlai
  • Orient Paper Mills, Brajrajnagar

News impact

Big market events that reach Orient Paper & Industries 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

26 Jul 2024unspecified₹0.25
1 Aug 2023unspecified₹1
2 Aug 2022unspecified₹0.25
18 Aug 2021unspecified₹0.25
19 Aug 2020unspecified₹0.5
10 Jul 2019unspecified₹0.6
31 Jan 2019interim₹0.5
5 Jul 2018unspecified₹0.6

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.