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Emami Paper Mills Limited

Emami Paper Mills Limited

EMAMIPAP.NS
Emami Paper Mills LimitedIN flagNational Stock Exchange of India
85.01
INR
-1.18
- -
5.14BMarket Cap
Emami Paper Mills Limited
EMAMIPAP.NS
(National Stock Exchange of India)

Recent

price

85.01

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
FRC
71.05
81.83
84.3
90.15
86.12
89.06
187.73
223.06
251.24
245.29
195.25
320.47
391.86
309.45
258.7
- -
281.21
Revenue per Share
2.29
1.37
1.91
2.67
1.16
3.8
2.34
2.71
7.27
-1.73
8.43
18.17
10.62
12.36
2.83
- -
9.05
Basic EPS, GAAP
6.04
-10.46
8.45
-1.61
-70.55
-13.19
-2.44
11.36
19.43
45.33
39.09
48.56
1.04
51.6
3.12
- -
- -
Free Cash Flow per Basic Share
0.7
0.7
0.7
0.71
1.17
1.57
0.72
1.44
1.44
1.45
- -
1.62
2.41
2.27
1.96
- -
- -
Dividend per Share
2
3.56
7.24
12.04
14.75
1.29
3.73
4.99
10.81
7.6
16.04
35.01
44.03
52.31
40.88
- -
1.78
Book Value per Share
27.93
28.51
42.83
59.5
71.32
35.2
38.7
40.15
42.62
36.16
48.9
67.68
74.48
82.09
68.38
- -
73.05
Tangible Book Value per Share
60
60
60
60
60
60
60
60
60
60
60
60
60
64
75
- -
68
Basic Weighted Avg Shares
4,298
4,951
5,100
5,454
5,210
5,388
11,358
13,495
15,200
14,840
11,812
19,388
23,707
19,883
19,280
19,072
19,072
Sales/Revenue/Turnover
34.61
7.64
8.38
8.51
4.93
3.84
6.37
7.17
12.53
11.56
8.97
12.72
7.05
8.88
4.67
7.41
7.41
Operating Margin (%)
272
277
308
321
266
267
558
643
694
725
721
739
676
523
517
547
547
Depreciation Expense
139
83
116
186
122
279
191
164
440
-104
510
1,148
692
843
260
614
614
Net Income, GAAP
23.42
28.45
10.65
19.6
29.63
- -
26.98
31.55
33.59
- -
50.26
25.16
25.7
24.83
22.1
34.25
34.25
Effective Tax Rate (%)
3.23
1.68
2.27
3.41
2.34
5.18
1.68
1.21
2.89
-0.7
4.32
5.92
2.92
4.24
1.35
3.22
3.22
Profit Margin (%)
1,823
-376
45
898
205
-588
-850
-917
-2,257
-2,614
-2,435
-1,075
-670
212
338
728
728
Working Capital
3
2,917
2,613
3,712
6,544
9,503
9,179
9,616
8,944
7,813
4,054
3,476
2,753
2,301
3,146
4,034
4,034
LT Debt
1,695
1,730
2,597
3,606
4,319
2,133
2,344
2,431
2,580
2,189
5,395
6,530
6,987
7,741
6,777
5,753
5,753
Total Equity
30.3
7.22
6.3
4.81
1.71
- -
3.35
3.89
7.07
- -
3.43
12.79
8.3
9.03
4.96
6.53
6.53
Return on Invested Capital (%)
13.62
13.74
2.73
7.85
3.66
- -
3.98
4.46
6.84
- -
7.09
13.1
8.42
10.21
6.07
9.86
9.86
Return on Capital (%)
114.59
49.42
35.38
27.74
8.65
47.44
93.38
62.14
92.02
-18.76
71.27
71.17
26.88
26.36
6.59
38.75
38.75
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
ST Debt
4,509
- -
4,139
LT Borrowings
1,395
- -
4,032
LT Finance Leases
2
- -
2
Preferred Equity and Hybrid Capital
1,085
- -
796
Shares Outstanding
60
- -
60
Market Capitalization
6,176
5,875
3,838

Working Capital

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
Total Current Assets
7,480
- -
7,361
Cash, Cash Equivalents & STI
66
- -
49
Accounts Receivable, Net
2,666
- -
2,736
Inventories
4,179
- -
3,878
Total Current Liabilities
7,504
- -
6,633
Payables & Accruals
- -
- -
- -
ST Debt
4,509
- -
4,139
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
16.23%
2.26%
-15.11%
Free Cash Flow
515.05%
1,121.44%
619.93%
Net Income, GAAP
-41.57%
34.77%
135.99%
Sales/Revenue/Turnover
18.56%
13.23%
-1.08%
Total Cash Common Dividend
- -
- -
50.62%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
5,392
4,549
5,153
5,396
19,883
2025
5,037
4,951
4,543
4,750
19,280
2026
4,598
4,506
5,004
4,964
19,072

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.22
2.51
6.3
- -
12.36
2025
1.91
1.05
0.28
0.65
2.83
2026
0.84
1.02
2.47
5.01
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
2.27
2025
- -
- -
- -
- -
1.96
2026
- -
- -
- -
- -
- -
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Business
Emami Paper Mills Limited engages in the manufacture and sale of paper and paperboard products in India. Its main products include newsprint, multilayer coated packaging board, writing and printing paper under brands such as Solitaire and Regal, kraft paper, recycled and virgin board, specialty products like Pharma Print for pharmaceutical inserts, and Oil and Grease Resistant (OGR) paper for food wrapping. The company operates a production capacity of approximately 340,000 tons per annum supported by a 33.5 MW captive power plant, with operations primarily based in Kolkata, India, and exports to Southeast Asia, Canada, and the Middle East. Founded in 1981, Emami Paper Mills is India's largest newsprint producer and a leading player in premium paperboard segments. In the latest strategic developments, Emami Paper Mills is transitioning from commodity paper manufacturing to specialty and niche value-added paper products to enhance profitability and market stability. It is investing in the commissioning of a modern pulp mill to secure captive pulp supply, reduce dependence on imports, and lower costs. The company expanded into specialty grades such as Pharma Print and OGR paper, targeting niche markets and strengthening its global presence. Emami Paper has also rebranded with a new corporate logo to reflect its brand evolution. It maintains supply tie-ups with Indian media houses and institutions like Telangana State Textbook Corporation, reinforcing its sales channels and earnings predictability. These shifts mark a significant operational transformation aimed at increasing returns on capital and sustaining growth through innovation and product diversification. The company is part of the Emami Group and is headquartered in Kolkata, India.