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Prices as of 9 Oct 2026 close · Not investment advice

Tamil Nadu Newsprint & Papers Limited

NSE: TNPLPaper & Paper Products

Share price

₹141.31

+2.44% close of 9 Oct 2026

Market cap ₹975 CrP/E 3.7

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.

50

out of 100 · worked out 8 Oct 2026

Your ratios

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

Market cap

₹975 Cr

P/E ratio

3.7

P/B ratio

0.4

ROCE

6.4%

ROE

11.3%

Dividend yield

2.9%

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 ₹161.4152-week low ₹122.54

Answers

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

How fast it has been growing

Sales grew 2.9% over the past year, and 10.3% a year over its longer record. Meanwhile what it keeps of every 100 rupees of sales improved from 10.4% to 10.6% over the last four years.

Whether it grew faster than its sector

It grew 10.3% a year against a sector median of 10.3% — 0 percentage points faster.

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

Too little price history yet to compare it with its own past.

Whether growth justifies the valuation

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

Profit growthPrice per ₹1 profitPer 1% growth
Tamil Nadu Newsprint & Papers Limited — this one-14%/yr3.7×—
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 7 of 22 on returns, 12 of 22 on growth, 9 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 6.4% on capital, ahead of 68% 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 ₹3505 crore of cash from the business, spent ₹1173 crore on plant and equipment, and returned ₹2336 crore to lenders and shareholders. And the profit is real: of every 100 rupees it reported over 12 years, about 427 arrived as cash — well above the profit, more than depreciation and interest account for, so do not count on it repeating. Its cash comes back more slowly than it used to: it went from being paid 106 days before it paid its own suppliers to paid 65 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 9 checks clear · 78%

Latest result · Q1 FY27

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

Announced 12 Aug 2026 · Standalone · Unaudited

Revenue

₹1,147 Cr

Revenue vs last year

+0.4%

Revenue vs last quarter

-9.9%

Net profit

₹6 Cr

Profit vs last quarter

-97.6%

Net margin

0.5%

EPS

₹0.83

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
₹975 Cr
Prev close
₹141.31
52w High
₹167
52w Low
₹122
Enterprise value
₹2,572 Cr
Beta
0.9
Price CAGR 1y
-10.0%
Price CAGR 3y
-17.0%
Price CAGR 5y
0.0%
Price CAGR 10y
-9.0%

Ratios

Return on assets
4.0%
PEG ratio
-0.3
P/E ratio
3.7
P/B ratio
0.4
EV / EBITDA
5.2
Industry P/E
15.3
ROCE
6.4%
ROCE 5y average
10.2%
ROE
11.3%
Debt / Equity
0.7
Interest coverage
1.3
Dividend yield
2.9%
ROE 3y average
7.0%
ROE last year
11.0%

Annual P&L

Annual revenue
₹4,645 Cr
Annual profit
₹248 Cr
Operating margin
10.0%
Net profit margin
5.3%
EBITDA margin
10.4%
Sales growth 3y
-3.6%
Sales growth 5y
10.9%
Profit growth 3y
-14.0%
Profit growth 5y
38.0%
EPS
₹35.8
Sales growth TTM
3.0%
Profit growth TTM
1120.0%
Dividend payout
11.0%

Quarter P&L

Sales latest quarter
₹1,147 Cr
Profit latest quarter
₹6 Cr
YoY quarterly sales growth
0.4%
YoY quarterly profit growth
—
OPM latest quarter
10.0%

Balance Sheet

Book Value
₹336
Face Value
₹10.0
Total debt
₹1,613 Cr
Total cash
₹16 Cr
Borrowings
₹1,613 Cr
Reserves / Equity
32.6

Cash Flow

Operating cash flow
₹596 Cr
Free cash flow
₹199 Cr
FCF yield
0.6%
Net cash flow
₹48 Cr

Shareholding

Promoter holding
35.3%
FII holding
5.0%
DII holding
9.5%
Public holding
46.1%

Peer comparison

CompanyPrice ₹P/EMkt cap ₹ CrDiv yield %Profit qtr ₹ CrProfit var %Sales qtr ₹ CrSales var %ROCE %
JK Paper369.6020.56,7021.03136.364.51,887.213.67.4
West Coast Paper710.5020.44,6930.41141.8145.41,051.310.16.2
Seshasayee Paper228.2514.51,4400.8731.9106.8492.127.75.6
Andhra Paper67.8648.81,3490.7130.342.3393.80.10.0
N R Agarwal Inds652.7516.81,1110.3035.0111.4647.043.18.5
T N Newsprint139.153.69632.895.7177.51,146.60.46.4
Pudumjee Paper92.889.78820.6533.7-7.0202.93.318.1
Median97.0016.73390.306.242.3201.27.16.2

Competes with: ANDHRA PAPER LIMITED, Astron Paper & Board Mill Limited, Balkrishna Paper Mills Limited, Emami Paper Mills Limited, Genus Paper & Boards Limited, JK Paper 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, 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
Sales1,2639581,2411,2291,1179141,1241,3371,1421,1101,1211,2721,147
Expenses9498011,1041,0699697901,0711,2341,0419871,0051,1311,032
Material Cost553546567553514506
Change in Inventories188-18-5913137-42
Purchases of Stock-in-Trade2.406925211.0772
Employee Cost120122115118130130
Other Expenses370322338300349365
Operating Profit31415713716014812453103101123116141115
OPM %2516111313144.707.718.8811101110
Other Income11201921131413571218252014
Exceptional items (within Other Income)000000
Interest55585753535754524850504543
Depreciation70717575747676777778797878
Profit before tax200482353345.05-6531-121312387.68
Tax %363730383649-3428-373743-53725
Net Profit129301633222.59-4322-7.418.106.772405.74
EPS in Rs194.382.344.773.170.37-6.203.20-1.071.170.98350.83
Diluted EPS in Rs3.20-1.071.170.98350.83

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
Sales2,1362,4182,9583,0984,0833,4712,7684,0205,1804,6904,4914,6454,649
Expenses1,6301,8512,2292,6933,4342,8632,5083,6624,1743,9204,0604,1644,155
Material Cost1,9972,180
Change in Inventories12774
Purchases of Stock-in-Trade126115
Employee Cost471485
Other Expenses1,3421,310
Operating Profit5065677294056496082603581,006770431481494
OPM %242325131618991916101011
Other Income17223734-343670494369957577
Exceptional items (within Other Income)00
Interest155122252245233223193156182223216193188
Depreciation137144208222227231235229264291304313314
Profit before tax230324306-28155191-99226033255.305170
Tax %282014513932-3435363630-390
Net Profit167260265-4294130-65143882083.72248261
EPS in Rs243838-6.091419-9.412.0756300.543638
Diluted EPS in Rs0.5436
Dividend Payout %252020-825532-3219491356011

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
11%
3 years
-4%
TTM
3%

Compounded profit growth

10 years
0%
5 years
38%
3 years
-14%
TTM
1120%

Stock price CAGR

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

Return on equity

10 years
7%
5 years
9%
3 years
7%
Last year
11%

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 Capital696969696969696969696969
Reserves1,1321,4401,6351,5341,5821,6441,5271,5201,8752,0202,0182,247
Borrowings2,0662,6872,8232,4261,9592,2052,7332,2391,8711,8011,6041,613
Other Liabilities1,4301,2221,1061,4961,9211,6591,6531,9462,3082,1542,1912,281
Total Liabilities4,6975,4195,6345,5255,5315,5775,9835,7746,1236,0455,8836,210
Fixed Assets2,4102,4324,0994,0713,8883,7423,5153,3034,4634,3074,1093,891
CWIP6311,815591814629391,357201655473
Investments161110111111
Other Assets1,6561,1661,4751,4351,6281,7731,5281,1131,6391,7211,7181,844
Total Assets4,6975,4195,6345,5255,5315,5775,9835,7746,1236,0455,8836,210

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 Activity4046202848338192414231,111809419570596
Cash from Investing Activity-741-894-90-115-47-207-682-353-104-136-162-387
Cash from Financing Activity345270-253-574-849-36333-760-652-270-493-161
Net Cash Flow8-4-59144-77-174-25314-8648
Free Cash Flow-347-28318571176528-262754701277401199

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 Days867366713955502323353248
Inventory Days224155269142229286269104259262217191
Days Payable285234255225321336331261346270262292
Cash Conversion Cycle25-680-12-536-12-134-6428-13-53
Working Capital Days-77-89-77-98-70-69-91-106-81-68-72-65
ROCE %1312135121124211466

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
Promoters353535353535353535353535
FIIs4.634.904.674.804.284.935.375.395.055.084.965.01
DIIs11131516141312121111119.53
Government4.064.064.064.064.064.064.064.064.064.064.064.06
Public454340404243434344444546
No. of Shareholders49,81343,59543,29343,59547,70753,16052,95651,29051,27650,28149,20948,969

Price trend

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

Change over 1 year -10.1% (₹157.24 → ₹141.31)Brick size ₹5.75 (fixed)Bricks 19
₹120₹160₹141Dec '25Apr '26Sep '26
Price moved up one brickPrice moved down one brickLast close ₹141.31 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

exports as % of revenue

20.00

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

1,597inr_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

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

1,68,48,023inr

2026-03-31

News

News and filings about Tamil Nadu Newsprint & Papers 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.

Competes with

Uses as raw material

  • Bagasse (sugarcane residue from nearby sugar mills)
  • Bleaching chemicals (chlorine dioxide, caustic soda, hydrogen peroxide)
  • Coal (imported + domestic, power & fuel)
  • Imported wood pulp / BCTMP
  • Lime sludge & fly ash (internal by-products for cement)
  • Precipitated Calcium Carbonate (PCC)
  • Pulpwood (hardwood — eucalyptus, casuarina; 78% from own plantation)
  • Waste Paper / OCC (imported + domestic)

Depends on the price of

  • coal
  • paper_pulp
  • timber/logs

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
INE107A01015

Business segments

  • Paper & Paper Board · 90%
  • Energy · 11%

Plants

  • TNPL Unit I — Kagithapuram
  • TNPL Unit II — Mondipatti
  • TNPL Wind Farms — Devarkulam & Perungudi

News impact

Big market events that reach Tamil Nadu Newsprint & Papers 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

17 Sep 2026unspecified₹4
11 Sep 2025unspecified₹3
20 Sep 2024unspecified₹1
13 Feb 2024interim₹3
18 Sep 2023unspecified₹5
13 Sep 2022unspecified₹4
14 Sep 2021unspecified₹3
9 Sep 2020unspecified₹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.