Star Paper Mills Limited

Forest Materials · Paper, Forest & Jute Products

NSE: STARPAPER BSE: 516022

₹152.52

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 #21 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	723	8.1	10.7%	24.0%	2.68%	39	98	86
Star Paper Mills Limited (this stock)	238	6.7	5.7%	-9.7%	1.64%	54	100	32

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

₹229 Cr

EV / EBITDA

4.9x

EV / Sales

0.54x

Market cap / Sales

0.56x

Earnings yield

14.93%

Quarterly Financials

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Standalone Consolidated

↑ Positive

Quarterly Revenue

Jun 2026 quarterly revenue is Rs 117 Cr, up 3.9% YoY.

↓ Negative

Quarterly Net Profit

Jun 2026 quarterly net profit is Rs 11 Cr, down 14.1% YoY.

Period end	Revenue (₹ Cr)	PBT (₹ Cr)	Net profit (₹ Cr)	Basic EPS
June 30, 2026	103	15	11	₹7.0500
March 31, 2026	113	-3	-1	₹-0.8300
Dec. 31, 2025	92	11	8	₹
Sept. 30, 2025	104	11	13	₹8.3400
June 30, 2025	101	16	13	₹8.2100
March 31, 2025	114	9	5	₹3.2100
Dec. 31, 2024	97	11	8	₹4.9400
Sept. 30, 2024	111	17	15	₹9.3000
June 30, 2024	114	16	14	₹8.9100
March 31, 2024	100	14	14	₹9.1700
Dec. 31, 2023	115	19	15	₹9.4600
Sept. 30, 2023	106	22	15	₹9.7300
June 30, 2023	124	25	20	₹12.6400

Quarterly income statement (standalone, ₹ Cr)

Indicator	Jun 26	Mar 26	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23
Total income (before exceptional items)	117	107	110	113	115	102	121	122	111	124	114	128	135
Operating revenue	103	113	104	101	114	97	111	114	100	115	106	124	123
Other income	14	-6	6	12	1	5	10	8	11	9	8	4	12
Operating expenses	101	108	97	95	104	90	102	104	95	101	90	101	109
Operating profit	3	4	7	6	10	8	9	10	5	14	15	23	15
Operating profit margin	2.7%	3.9%	6.8%	6.2%	8.9%	8.0%	8.1%	8.6%	5.4%	12.0%	14.5%	18.2%	11.8%
Depreciation	2	2	2	2	2	1	1	1	1	1	1	1	1
Interest	0	0	0	0	0	0	0	0	0	0	0	0	0
Exceptional items, gain / (loss)	—	—	—	—	—	—	—	—	-0	-2	—	—	-3
Profit before tax	15	-3	11	16	9	11	17	16	14	19	22	25	21
Tax	4	-2	-2	4	4	3	3	3	-0	5	7	5	5
Net profit	11	—	—	13	5	8	15	14	14	15	15	20	16
EPS	7.05	-0.83	8.34	8.21	3.21	4.94	9.30	8.91	9.17	9.46	9.73	12.64	10.54
Net profit (TTM)	—	—	—	40	41	50	57	58	64	66	64	70	66
EPS (TTM)	22.77	18.93	24.70	25.66	26.36	32.32	36.84	37.27	41.00	42.37	41.07	44.92	42.07

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	410	34	33
March 31, 2025	436	53	41
March 31, 2024	444	81	64
March 31, 2023	493	83	66

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)	—	—	—	460^†	476^†	514^†	349^†	243^†	348^†	385^†	356^†	326^†
Operating revenue	-5.9%	11.9%	410	436	444	493	331^†	233^†	341^†	378^†	351^†	324^†
Other income	—	—	—	24^†	32^†	22^†	18^†	9^†	7^†	7^†	5^†	2^†
Operating expenses	—	—	—	399^†	387^†	413^†	299^†	212^†	293^†	328^†	279^†	252^†
Operating profit	—	—	—	37^†	57^†	80^†	32^†	21^†	48^†	49^†	72^†	72^†
Operating profit margin	—	—	—	8.4%^†	12.8%^†	16.2%^†	9.7%^†	9.1%^†	14.1%^†	13.0%^†	20.6%^†	22.2%^†
Depreciation	—	—	—	6^†	5^†	5^†	5^†	5^†	5^†	4^†	4^†	4^†
Interest	—	—	—	1^†	1^†	1^†	0^†	1^†	1^†	1^†	1^†	1^†
Exceptional items, gain / (loss)	—	—	—	0^†	-2^†	-12^†	0^†	0^†	0^†	0^†	0^†	0^†
Profit before tax	-25.7%	6.6%	34	53	81	83	44^†	25^†	49^†	52^†	72^†	67^†
Tax	—	—	—	12^†	17^†	18^†	8^†	7^†	12^†	-2^†	18^†	7^†
Net profit	-20.7%	13.3%	33	41	64	66	37^†	18^†	37^†	53^†	54^†	60^†
EPS	—	—	—	26.36^†	41.00^†	42.07^†	23.47^†	11.22^†	23.88^†	—	—	—

^† 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	—	8.4%^†	12.8%^†	16.2%^†	9.7%^†	9.1%^†	14.1%^†	13.0%^†	20.6%^†	22.2%^†
EBIT margin	—	12.5%^†	18.4%^†	17.0%^†	13.5%^†	10.9%^†	14.6%^†	13.8%^†	20.9%^†	21.1%^†
PBT margin	8.3%	12.2%	18.2%	16.9%	13.4%^†	10.7%^†	14.4%^†	13.6%^†	20.6%^†	20.7%^†
Net margin	8.0%	9.4%	14.4%	13.3%	11.1%^†	7.5%^†	10.9%^†	14.1%^†	15.4%^†	18.5%^†
Interest coverage	—	56.43x^†	97.18x^†	149.98x^†	94.34x^†	43.92x^†	76.87x^†	80.14x^†	69.83x^†	53.83x^†
Dividend payout	—	15.2%^†	8.5%^†	8.3%^†	10.7%^†	22.3%^†	10.5%^†	—	—	—
Earnings retention	—	84.8%^†	91.5%^†	91.7%^†	89.3%^†	77.7%^†	89.5%^†	—	—	—
Current ratio	7.90x	6.91x	—	—	—	—	—	—	—	—
Quick ratio	5.47x	4.37x	—	—	—	—	—	—	—	—
Debt to equity	0.00x	0.00x	—	—	—	—	—	—	—	—
Return on equity	4.6%	6.0%	—	—	—	—	—	—	—	—
Return on assets	3.9%	5.0%	—	—	—	—	—	—	—	—
Return on capital employed	—	7.1%^†	—	—	—	—	—	—	—	—
Asset turnover	0.49x	0.53x	—	—	—	—	—	—	—	—

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	29	-36	-7	9	20
March 31, 2025	15	4	-8	4	11
March 31, 2024	26	-9	-9	11	15
March 31, 2023	47	-41	-7	5	42
March 31, 2022	19	-13	-5	2	16

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	838	708	693	0	0	380	48	9	420	117
March 31, 2025	823	681	665	0	0	368	53	23	424	135
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.