Emami Paper Mills Limited

Forest Materials · Paper, Forest & Jute Products

NSE: EMAMIPAP BSE: 533208

₹119.56

Sept. 30, 2026 · NSE · nse_bhavcopy

Peers in Paper, Forest & Jute Products

The largest companies in the same industry by market cap. This company ranks #8 of 53. PE, ROE, 1Y return and scores come from the daily/weekly precomputed snapshot.

Company	Market cap (₹ Cr)	PE (TTM)	ROE	1Y return	Div. yield	Quality	Valuation	Momentum
JK Paper Limited	7,139	26.5	4.8%	0.2%	1.02%	47	65	31
West Coast Paper Mills Limited	4,865	22.0	3.7%	52.1%	0.41%	67	74	54
Seshasayee Paper and Boards Limited	1,517	17.2	4.0%	-6.8%	—	66	86	33
ANDHRA PAPER LIMITED	1,445	52.3	6.7%	-8.1%	—	50	50	53
N R Agarwal Industries Limited	1,139	18.3	4.9%	56.6%	0.30%	37	79	88
Tamil Nadu Newsprint & Papers Limited	1,042	4.0	-0.3%	-5.2%	2.66%	26	100	51
Pudumjee Paper Products Limited	923	10.1	14.0%	-20.8%	0.62%	74	96	51
Emami Paper Mills Limited (this stock)	723	8.1	10.7%	24.0%	2.68%	39	98	86

Valuation multiples

Current only. Market cap is the whole company's; sales/EBITDA are trailing-twelve-month standalone; debt and cash come from the latest filed standalone balance sheet (March 31, 2026). EBITDA = PBT + interest + depreciation.

Enterprise value

₹1,540 Cr

EV / EBITDA

5.9x

EV / Sales

0.77x

Market cap / Sales

0.36x

Earnings yield

12.30%

Quarterly Financials

Download CSV

Standalone Consolidated

↑ Positive

Quarterly Revenue

Jun 2026 quarterly revenue is Rs 560 Cr, up 21.5% YoY.

↑ Positive

Quarterly Net Profit

Jun 2026 quarterly net profit is Rs 39 Cr, up 511.9% YoY.

Period end	Revenue (₹ Cr)	PBT (₹ Cr)	Net profit (₹ Cr)	Basic EPS
June 30, 2026	560	53	39	₹6.2100
March 31, 2026	496	47	32	₹5.0100
Dec. 31, 2025	500	26	17	₹2.4700
Sept. 30, 2025	451	10	7	₹1.0200
June 30, 2025	460	9	6	₹0.8400
March 31, 2025	475	4	4	₹0.4500
Dec. 31, 2024	454	2	2	₹0.0800
Sept. 30, 2024	495	10	8	₹1.0500
June 30, 2024	504	17	13	₹1.9100
March 31, 2024	484	35	27	₹4.2900
Dec. 31, 2023	494	53	39	₹6.3000
Sept. 30, 2023	437	22	16	₹2.5100
June 30, 2023	519	2	1	₹0.0200

Quarterly income statement (standalone, ₹ Cr)

Indicator	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23
Total income (before exceptional items)	560	510	501	456	461	477	456	496	504	486	494	437	519
Operating revenue	560	496	500	451	460	475	454	495	504	484	494	437	519
Other income	0	14	1	5	2	2	1	1	1	2	1	0	0
Operating expenses	477	434	440	414	422	444	425	458	460	414	413	385	485
Operating profit	83	62	60	36	38	31	29	37	44	70	81	52	33
Operating profit margin	14.8%	12.5%	12.0%	8.0%	8.2%	6.6%	6.4%	7.5%	8.7%	14.5%	16.4%	11.9%	6.5%
Depreciation	13	14	14	14	13	13	13	13	13	21	13	12	14
Interest	17	16	18	17	17	16	16	15	15	16	16	17	19
Exceptional items, gain / (loss)	—	1	-3	—	—	—	—	—	—	—	—	—	—
Profit before tax	53	47	26	10	9	4	2	10	17	35	53	22	2
Tax	15	16	9	3	3	0	0	3	5	8	13	6	0
Net profit	39	32	17	7	6	4	2	8	13	27	39	16	1
EPS	6.21	5.01	2.47	1.02	0.84	0.45	0.08	1.05	1.91	4.29	6.30	2.51	0.02
Net profit (TTM)	94	61	34	19	20	26	49	87	96	84	46	8	16
EPS (TTM)	14.71	9.34	4.78	2.39	2.42	3.49	7.33	13.55	15.01	13.12	6.76	0.49	1.92

Total income excludes exceptional items, which are shown on their own row. Trendlyne and Screener fold exceptional items into revenue or other income, so their totals differ from this table by exactly that row.

Annual Financials

Year ended	Revenue (₹ Cr)	PBT (₹ Cr)	Net profit (₹ Cr)
March 31, 2026	1,907	93	61
March 31, 2025	1,928	33	26
March 31, 2024	1,994	112	84
March 31, 2023	2,308	93	69

Annual income statement (standalone, ₹ Cr; CAGR to the latest year)

Indicator	CAGR 3Y	CAGR 5Y	Mar 26	Mar 25	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20	Mar 19	Mar 18	Mar 17
Total income (before exceptional items)	-5.8%	9.6%	1,928^†	1,932^†	1,997^†	2,310^†	1,959^†	1,220^†	1,519^†	1,539^†	1,382^†	1,157^†
Operating revenue	-6.2%	9.4%	1,907	1,928	1,994	2,308	1,958^†	1,216^†	1,502^†	1,522^†	1,355^†	1,138^†
Other income	—	—	21^†	4^†	3^†	2^†	2^†	4^†	17^†	17^†	28^†	18^†
Operating expenses	—	—	1,711^†	1,786^†	1,697^†	2,086^†	1,644^†	1,023^†	—	—	1,226^†	971^†
Operating profit	-4.0%	0.3%	196^†	142^†	297^†	222^†	314^†	193^†	—	—	129^†	168^†
Operating profit margin	—	—	10.3%^†	7.3%^†	14.9%^†	9.6%^†	16.0%^†	15.9%^†	—	—	9.5%^†	14.7%^†
Depreciation	—	—	55^†	52^†	60^†	68^†	74^†	72^†	—	—	64^†	55^†
Interest	—	—	68^†	61^†	67^†	63^†	82^†	95^†	117^†	101^†	68^†	57^†
Exceptional items, gain / (loss)	—	—	-1^†	0^†	0^†	0^†	-6^†	72^†	-27^†	0^†	0^†	0^†
Profit before tax	0.1%	-1.9%	93	33	112	93	153^†	103^†	-5^†	66^†	24^†	33^†
Tax	—	—	32^†	7^†	28^†	24^†	39^†	52^†	6^†	22^†	8^†	7^†
Net profit	-3.9%	3.8%	61	26	84	69	115^†	51^†	-10^†	44^†	16^†	26^†
EPS	-4.2%	2.1%	9.34^†	3.49^†	13.12^†	10.62^†	18.17^†	8.43^†	-1.72^†	—	—	—

^† Derived: the sum of that fiscal year's four quarterly filings (a real annual filing is used wherever one exists). Checked against filed annual figures, the sum lands within 0.5% for about 94% of company-years.

Annual ratios (standalone)

Ratio	Mar 26	Mar 25	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20	Mar 19	Mar 18	Mar 17
Operating margin	10.3%^†	7.3%^†	14.9%^†	9.6%^†	16.0%^†	15.9%^†	—	—	9.5%^†	14.7%^†
EBIT margin	8.5%^†	4.9%^†	9.0%^†	6.8%^†	12.0%^†	16.3%^†	7.5%^†	11.0%^†	6.8%^†	7.9%^†
PBT margin	4.9%	1.7%	5.6%	4.0%	7.8%^†	8.4%^†	-0.3%^†	4.4%^†	1.8%^†	2.9%^†
Net margin	3.2%	1.3%	4.2%	3.0%	5.9%^†	4.2%^†	-0.7%^†	2.9%^†	1.2%^†	2.3%^†
Interest coverage	2.38x^†	1.55x^†	2.67x^†	2.47x^†	2.86x^†	2.08x^†	0.96x^†	1.66x^†	1.35x^†	1.58x^†
Dividend payout	17.1%^†	45.8%^†	12.2%^†	15.1%^†	0.0%^†	0.0%^†	—	—	—	—
Earnings retention	82.9%^†	54.2%^†	87.8%^†	84.9%^†	100.0%^†	100.0%^†	—	—	—	—
Current ratio	1.11x	1.04x	—	—	—	—	—	—	—	—
Quick ratio	0.52x	0.48x	—	—	—	—	—	—	—	—
Debt to equity	1.42x	1.14x	—	—	—	—	—	—	—	—
Return on equity	10.7%	3.8%	—	—	—	—	—	—	—	—
Return on assets	3.4%	1.4%	—	—	—	—	—	—	—	—
Return on capital employed	13.9%^†	8.1%^†	—	—	—	—	—	—	—	—
Asset turnover	1.05x	1.06x	—	—	—	—	—	—	—	—

Margins and asset turnover use operating revenue (interest earned for banks, excluding other income), not total income. Liquidity, leverage and return ratios need a filed standalone balance sheet, which exists only for recent years; returns use year-end equity/assets. Dividend payout is shown only for companies with a dividend record. † = built from a summed fiscal year.

Revenue Mix

Data unavailable.

Cash Flow

Year ended	Operating (₹ Cr)	Investing (₹ Cr)	Financing (₹ Cr)	Capex (₹ Cr)	Free Cash Flow (₹ Cr)
March 31, 2026	197	-26	-172	30	168
March 31, 2025	44	-17	-32	20	23
March 31, 2024	351	-10	-336	20	332
March 31, 2023	32	-24	-9	26	6
March 31, 2022	329	-34	-307	35	294

Balance Sheet (standalone)

Year ended	Total Assets (₹ Cr)	Total Equity (₹ Cr)	Reserves (₹ Cr)	Borrowings, Current (₹ Cr)	Borrowings, Non-current (₹ Cr)	Current Assets (₹ Cr)	Current Liabilities (₹ Cr)	Cash & Equivalents (₹ Cr)	Net Block (₹ Cr)	Inventory (₹ Cr)
March 31, 2026	1,822	575	563	414	403	733	663	0	1,028	388
March 31, 2025	1,817	678	666	455	314	680	651	0	1,057	369
March 31, 2024	—	—	—	—	—	—	—	—	—	—
March 31, 2023	—	—	—	—	—	—	—	—	—	—
March 31, 2022	—	—	—	—	—	—	—	—	—	—

Financial charts

Trend charts drawn from the standalone income-statement and ratio tables above (oldest year on the left); a gap means that period has no figure. Annual years marked † in the tables are derived from four quarters.