Fin Cascade

Prices as of 9 Oct 2026 close · Not investment advice

PAKKA LIMITED

NSE: PAKKAPaper & Paper Products

Share price

₹70.84

-1.19% close of 9 Oct 2026

Market cap ₹319 CrP/E 22.8

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.

27

out of 100 · worked out 8 Oct 2026

Your ratios

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

Market cap

₹319 Cr

P/E ratio

22.8

P/B ratio

0.7

ROCE

3.3%

ROE

1.5%

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 ₹149.0452-week low ₹69.13

Answers

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

How fast it has been growing

Sales grew 0.1% over the past year, and 13.0% a year over its longer record. Meanwhile what it keeps of every 100 rupees of sales slipped from 20.5% to 9.7% over the last four years.

Whether it grew faster than its sector

It grew 13.0% a year against a sector median of 10.3% — 2.7 percentage points faster.

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

At 22.8× earnings against a market that pays 24.1× across 2199 companies we can price. Its own industry sits at 20.2×, across 5 companies. It is against its own five-year median of 22.9×, the 50th 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
PAKKA LIMITED — this one-47%/yr22.8×—
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 14 of 22 on returns, 5 of 22 on growth, 11 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 3.3% on capital, ahead of 36% 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

No — Over the last five years it made ₹216 crore of cash from the business but spent ₹689 crore on plant and equipment, ₹473 crore more than it made; the gap was from lenders and shareholders. And the profit is real: of every 100 rupees it reported over 5 years, about 128 arrived as cash (before interest, which is why it can exceed the profit). Its cash comes back more slowly than it used to: it went from being waiting 11 days for its cash to waiting 38 days for its cash.

Profit reality check

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

5 of 9 checks clear · 56%

Latest result · Q4 FY26

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

Announced 14 Aug 2026 · Consolidated · Audited

Revenue

₹101 Cr

Revenue vs last year

+10.1%

Revenue vs last quarter

+5.0%

Net profit

₹3 Cr

Profit vs last year

-3.9%

Profit vs last quarter

-56.7%

Net margin

3.0%

EPS

₹0.68

Earnings call transcript · 18 Aug 2026

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
₹319 Cr
Prev close
₹70.84
52w High
₹153
52w Low
₹68.7
Enterprise value
₹757 Cr
Beta
1.2
Price CAGR 1y
-51.0%
Price CAGR 3y
-31.0%
Price CAGR 5y
-3.0%
Price CAGR 10y
13.0%

Ratios

Return on assets
0.5%
PEG ratio
-0.5
P/E ratio
22.8
P/B ratio
0.7
EV / EBITDA
18.9
Industry P/E
15.3
ROCE
3.3%
ROCE 5y average
15.3%
ROE
1.5%
Debt / Equity
1.0
Interest coverage
2.2
Dividend yield
0.0%
ROE 3y average
9.0%
ROE last year
1.0%

Annual P&L

Annual revenue
₹356 Cr
Annual profit
₹6 Cr
Operating margin
9.0%
Net profit margin
1.7%
EBITDA margin
8.7%
Sales growth 3y
-4.4%
Sales growth 5y
—
Profit growth 3y
-47.0%
Profit growth 5y
—
EPS
₹1.5
Sales growth TTM
0.0%
Profit growth TTM
-49.0%
Dividend payout
0.0%

Quarter P&L

Sales latest quarter
₹117 Cr
Profit latest quarter
₹6 Cr
YoY quarterly sales growth
43.0%
YoY quarterly profit growth
—
OPM latest quarter
13.1%

Balance Sheet

Book Value
₹103
Face Value
₹10.0
Total debt
₹460 Cr
Total cash
₹22 Cr
Borrowings
₹460 Cr
Reserves / Equity
9.3

Cash Flow

Operating cash flow
₹75 Cr
Free cash flow
-₹297 Cr
FCF yield
-96.9%
Net cash flow
-₹49 Cr

Shareholding

Promoter holding
39.3%
FII holding
0.1%
DII holding
12.0%
Public holding
48.6%

Peer comparison

CompanyPrice ₹P/EMkt cap ₹ CrDiv yield %Profit qtr ₹ CrProfit var %Sales qtr ₹ CrSales var %ROCE %
JK Paper375.1520.86,8021.03136.364.51,887.213.67.4
West Coast Paper716.6020.64,7330.41141.8145.41,051.310.16.2
Seshasayee Paper229.1514.61,4450.8731.9106.8492.127.75.6
Andhra Paper68.2849.11,3580.7230.342.3393.80.10.0
N R Agarwal Inds646.8016.71,1010.3035.0111.4647.043.18.5
T N Newsprint140.803.79742.845.7177.51,146.60.46.4
Pudumjee Paper93.689.88890.6533.7-7.0202.93.318.1
Pakka71.5024.53410.005.9485.0117.243.03.3
Median97.0015.93410.306.242.3201.27.16.2

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.

Consolidated · to 30 Jun 2026
Line itemJun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales10610599959711110692827697101117
Expenses818581767891918676758392102
Material Cost393430394041
Change in Inventories-2.55-1.236.55-3.37-0.091.89
Purchases of Stock-in-Trade3.362.642.704.606.5912
Employee Cost13146.04111311
Other Expenses342730313336
Operating Profit252018181820155.735.931.73149.0615
OPM %241918191918146.227.232.27148.9313
Other Income1.901.921.902.902.2444.623.831.343.073.193.642.21
Exceptional items (within Other Income)000000
Interest2.662.131.852.413.262.432.112.682.982.662.293.854.87
Depreciation3.373.503.533.643.764.014.074.104.134.154.174.124.24
Profit before tax211715151418142.780.16-2.01114.738.40
Tax %31333347376.3835-151,0564.48343530
Net Profit14119.908.078.56178.893.19-1.53-2.117.083.075.89
EPS in Rs3.762.832.532.062.174.281.980.71-0.34-0.471.580.681.24
Diluted EPS in Rs0.76-0.39-0.471.570.681.29

Profit & loss

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

Consolidated · to 31 Mar 2026
Line itemMar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales291408405406356392
Expenses226328323344325351
Material Cost163143
Change in Inventories-5.481.86
Purchases of Stock-in-Trade1017
Employee Cost5244
Other Expenses127120
Operating Profit658082623140
OPM %22202015910
Other Income6118121012
Exceptional items (within Other Income)00
Interest9119101214
Depreciation101314161717
Profit before tax516767481422
Tax %3031362252
Net Profit36464338614
EPS in Rs1012118.351.453.03
Diluted EPS in Rs8.951.45
Dividend Payout %2020-0-0-0

Compounded growth

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

Compounded sales growth

10 years
—
5 years
—
3 years
-4%
TTM
0%

Compounded profit growth

10 years
—
5 years
—
3 years
-47%
TTM
-49%

Stock price CAGR

10 years
13%
5 years
-3%
3 years
-31%
1 year
-51%

Return on equity

10 years
—
5 years
12%
3 years
9%
Last year
1%

Balance sheet

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

Consolidated
Line itemMar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital3538394545
Reserves130168212407418
Borrowings104104184206460
Other Liabilities55637180193
Minority Interest0
Total Liabilities3243735077381,117
Fixed Assets177199202212210
CWIP182249166597
Investments-011-0-0
Other Assets130151255360310
Total Assets3243735047381,117

Cash flows

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

Consolidated
Line itemMar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity3251471175
Cash from Investing Activity-29-38-69-178-367
Cash from Financing Activity2-1776178243
Net Cash Flow5-45412-49
Free Cash Flow313-12-180-297

Ratios

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

Consolidated
Line itemMar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days2822364247
Inventory Days447369461451501
Days Payable62345252140
Cash Conversion Cycle413357444440408
Working Capital Days1122506038
ROCE %2720113

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
Promoters484848474742424242424239
FIIs0.540.070.130.280.370.630.490.190.210.140.170.05
DIIs00.05000.378.248.588.588.028.028.0212
Public525252525249495050505049
No. of Shareholders29,33033,79742,68842,85238,45539,70139,80940,07740,73439,49638,10837,643

Price trend

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

Change over 1 year -52.5% (₹149.04 → ₹70.84)Brick size ₹3.22 (fixed)Bricks 52
₹100₹125₹150₹70.84Nov '25Jan '26Mar '26May '26Jul '26Sep '26
Price moved up one brickPrice moved down one brickLast close ₹70.84 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

438inr_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 PAKKA 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

  • bagasse
  • bagasse pith (boiler fuel)
  • packing materials
  • pulping and bleaching chemicals
  • rice husk / paddy husk (boiler fuel)
  • stores and spares

Depends on the price of

  • fuel
  • timber/logs

Sells to

  • Aditya Flexipack · Bagasse-based packaging paper for flexible packaging conversion
  • Bikanerwala · Compostable bagasse tableware and food packaging
  • Borosil Limited · Compostable bagasse tableware (CHUK brand) and bagasse-based packaging paper
  • Chai Point · Compostable bagasse tableware and beverage packaging
  • ETERNAL LIMITED · Compostable bagasse tableware and food packaging
  • Haldiram's · Compostable bagasse tableware and food packaging
  • Lite Bite Foods · Compostable bagasse tableware and food packaging
  • Modern Laminators · Bagasse-based packaging paper for lamination/conversion
  • RSPL Limited · Bagasse-based paper and compostable packaging
  • Taco Bell · Compostable bagasse tableware and food packaging

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
INE551D01018

Business segments

  • Paper & Pulp · 83%
  • Moulded Products · 17%

Plants

  • Pakka Ayodhya integrated pulp, paper and moulded tableware plant

News impact

Big market events that reach PAKKA 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

22 Sep 2023unspecified₹2.4

Splits, bonuses & buybacks

  • daily-prices repair: 8 rows from NSE's archive (replace 2, delete 1, insert 5), 2023-11-12..2026-02-01 (docs/flat_day_repair.md)1× · 12 Nov 2023
  • bse-history fill: 1860 BSE bars before cutoff, code 516030, seam residual 1.00061× · 11 Jul 2023

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.