1. India Stocks

  2. •

    Basic Materials

  3. •

    Paper, Lumber & Forest Products
Kuantum Papers Limited

Kuantum Papers Limited

KUANTUM.BO
Kuantum Papers LimitedIN flagBombay Stock Exchange
75.77
INR
+0.42
- -
6.60BMarket Cap
Kuantum Papers Limited
KUANTUM.BO
(Bombay Stock Exchange)

Recent

price

75.77

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
35.13
43.13
48.31
54.9
57.22
60.26
69.6
80.62
90.67
85.11
46.11
94.64
149.25
138.22
126.03
- -
124.24
Revenue per Share
2.09
0.42
1.47
3.62
2.46
2.4
6.8
8.35
8.93
8.23
-1.46
1.54
15.6
21.07
13.2
- -
4.8
Basic EPS, GAAP
2.34
1.56
3.04
5.66
-0.51
-1.36
-0.69
1.92
-3.14
-23.17
-12
0.63
35.53
14
-15.58
- -
- -
Free Cash Flow per Basic Share
0.11
0.13
0.01
- -
0.22
0.53
0.12
0.24
0.3
0.6
0.25
- -
- -
2.99
2.98
- -
- -
Dividend per Share
1.11
4.27
5.63
12.69
14.96
13.8
20.78
76.18
84.68
92.27
90.61
92.12
107.75
122.3
132.49
- -
1
Book Value per Share
6.66
7.09
8.57
15.84
65.44
64.51
70.89
78.58
86.99
94.68
93.46
95.16
110.79
128.74
137.69
- -
139.31
Tangible Book Value per Share
87
87
87
87
87
87
87
87
87
87
87
87
87
87
87
- -
87
Basic Weighted Avg Shares
3,066
3,764
4,216
4,790
4,993
5,258
6,073
7,035
7,912
7,427
4,023
8,259
13,025
12,062
10,998
10,852
10,852
Sales/Revenue/Turnover
10.74
7.75
10.37
12.1
10.32
9.95
16.9
18.48
17.07
12.97
-1.26
8.98
25.67
25.16
17.15
8.89
8.89
Operating Margin (%)
146
154
157
185
128
136
154
194
251
317
348
462
454
482
540
653
653
Depreciation Expense
183
37
128
335
250
245
593
729
779
718
-127
134
1,362
1,838
1,152
420
420
Net Income, GAAP
- -
32.16
39.74
10.1
21
25.42
29.6
31.95
29.71
- -
- -
- -
32.92
25.76
25.87
25.82
25.82
Effective Tax Rate (%)
5.97
0.99
3.04
7
5.01
4.66
9.76
10.36
9.85
9.67
-3.16
1.63
10.45
15.24
10.47
3.87
3.87
Profit Margin (%)
-429
-338
-367
-398
180
27
267
481
540
-200
-30
405
45
48
-556
-1,304
-1,304
Working Capital
1,086
1,312
1,249
644
1,223
1,713
1,991
2,383
3,003
4,683
6,137
6,448
3,678
3,070
4,027
5,986
5,986
LT Debt
612
644
767
1,383
5,711
5,629
6,207
6,914
7,666
8,317
8,173
8,305
9,668
11,238
12,127
12,283
12,283
Total Equity
- -
9.96
11.29
21.42
8.28
5.07
8.36
9.13
8.73
- -
- -
- -
14.51
14.3
7.94
3.61
3.61
Return on Invested Capital (%)
- -
12.64
13.09
24.35
15.85
11.7
16.73
11.55
8.86
- -
- -
- -
11.96
14.02
8.52
5.68
5.68
Return on Capital (%)
182.57
15.55
29.61
39.57
17.77
16.66
39.31
17.23
11.1
9.3
-1.6
1.68
15.61
18.31
10.36
7.2
7.2
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
ST Debt
2,296
- -
2,711
LT Borrowings
4,481
- -
5,897
LT Finance Leases
- -
- -
89
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
87
- -
87
Market Capitalization
9,436
7,964
5,773

Working Capital

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
Total Current Assets
2,065
- -
2,555
Cash, Cash Equivalents & STI
145
- -
492
Accounts Receivable, Net
320
- -
443
Inventories
1,134
- -
1,314
Total Current Liabilities
3,270
- -
3,859
Payables & Accruals
- -
- -
- -
ST Debt
2,296
- -
2,711
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
8.28%
8.7%
1.29%
Free Cash Flow
502.84%
1,025.71%
-20.67%
Net Income, GAAP
68.91%
128.6%
-63.58%
Sales/Revenue/Turnover
13.73%
29.09%
-1.32%
Total Cash Common Dividend
- -
- -
0.08%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
3,124
2,975
3,006
2,958
12,062
2025
2,789
2,759
2,686
2,763
10,998
2026
2,219
2,784
2,877
2,972
10,852

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
7.46
4.89
4.83
- -
21.07
2025
4.38
3.43
2.4
2.99
13.2
2026
1.38
0.66
1.12
1.64
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
2.99
2025
- -
- -
- -
- -
2.98
2026
- -
- -
- -
- -
- -
Similar Companies
Shandong Sunpaper Co., Ltd. (002078.SZ)
Rottneros AB (publ) (RROS.ST)
Deltic Timber Corporation (DEL)
Genus Paper & Boards Limited (GENUSPAPER.BO)
Nippon Paper Industries Co., Ltd. (NIJPF)
Suzano S.A. (SUZB3.SA)
Business
Kuantum Papers Limited manufactures and markets agro- and wood-based writing, printing and specialty paper products at its integrated facility in Saila Khurd, Hoshiarpur, Punjab, India; the company produces maplitho, creamwove, copier paper; value-added specialty papers including azurelaid, parchment, cartridge, ledger, stiffener, colored, bond, thermal, cupstock, carry bag and straw papers in a GSM range of 42-200; and base papers for paper cups, straws and thermal rolls, with applications in books, notebooks, calendars, diaries, directories, pamphlets, envelopes, computer stationery and office use. Founded in 1980 and headquartered in Chandigarh, the company operates a 450 TPD paper mill across 259 acres at the foothills of the Shivalik Range, utilizing agricultural residues such as wheat straw, sarkanda grass and bagasse alongside wood chips, veneer waste and bamboo from social forestry, enabling self-sufficiency through 365 TPD pulping capacity, a 700 TPD chemical recovery plant, 38 MW biomass-based cogeneration power and a chlorine dioxide plant for ECF-compliant production. Kuantum Papers serves over 100 dealers pan-India, primarily in northern and eastern states, and exports to more than 30 countries including clients like Walmart, McGraw Hill, Kokuyo, Pearson and Oxford University Press, generating 85% domestic revenue. Recent developments include the completion of a INR 444 crore backward integration project in March 2021, expanding pulping to 365 TPD, adding chemical recovery and boosting EBITDA margins through cost efficiencies and reduced imported pulp reliance to under 5%; ongoing capacity upgrades to 675 TPD across four machines with INR 735 crore capex partially deployed; and "Project Nirmaan" launched with BTG for AI-driven process control following "Project Neev" in 2023, alongside technical collaborations with Tanovis AG for lignin precipitation and Specialty Minerals Inc. for an onsite PCC plant.