Emami Paper Mills Limited

NSE: EMAMIPAP · Unclassified

₹114.81-0.35%06 Nov 2026

Ask the data

Instant answers about Emami Paper Mills Limited — computed from its filings, no language model

Market cap₹695 cr

Current price₹114.81

High / Low₹123 / ₹57

P/E5.3

P/B1.36

Book value₹84.3

ROE25.8%

ROCE17.9%

Debt / equity1.83

Dividend yield2.10%

EPS (TTM)₹21.74

Face value₹2

Price & valuation

split & bonus adjusted · pick a metric and range

Annual performance

annual · ₹ crore · line = operating margin

showing latest 6 of 15 periods

	FY12†	FY13†	FY14†	FY15†	FY16†	FY17†	FY18†	FY19†	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Revenue	490	506	547	521	539	1,138	1,355	1,522	1,515	1,216	1,958	2,308	1,994	1,928	1,907
EBITDA	64	72	70	52	47	126	129	219	209	193	314	222	236	142	196
Operating margin	13.1%	14.2%	12.9%	10.0%	8.8%	11.1%	9.5%	14.4%	13.8%	15.9%	16.0%	9.6%	11.9%	7.4%	10.3%
Interest	28	38	19	15	16	57	68	101	117	95	82	63	67	61	68
Depreciation	28	30	32	27	27	55	64	69	73	72	74	68	60	52	55
Profit before tax	12	13	23	17	11	33	24	66	-5	103	153	93	112	33	93
Tax	3	1	5	5	-17	7	8	22	6	52	39	24	28	7	32
Net profit	8	12	19	12	28	26	16	44	-10	51	115	69	84	26	61
EPS ₹	—	—	—	—	—	—	—	—	-1.73	8.43	18.17	10.62	13.12	3.49	9.34
Operating cash flow	—	—	—	—	—	—	—	—	—	—	329	32	351	44	197
Capex	—	—	—	—	—	—	—	—	—	—	35	26	20	20	30
Dividend paid	—	—	—	—	—	—	—	—	—	—	10	15	15	15	15
Total assets	—	—	—	—	—	—	—	—	—	—	—	1,976	1,714	1,817	1,822
Equity	—	—	—	—	—	—	—	—	—	—	—	699	774	678	575

Quarterly performance

last 65 quarters · ₹ crore

showing latest 8 of 65 periods

	MAR '10†	JUN '10†	SEP '10†	DEC '10†	JUN '11†	SEP '11†	DEC '11†	MAR '12†	JUN '12†	SEP '12†	DEC '12†	MAR '13†	JUN '13†	SEP '13†	DEC '13†	MAR '14†	JUN '14†	SEP '14†	DEC '14†	MAR '15†	JUN '15†	SEP '15†	DEC '15†	MAR '16†	JUN '16†	SEP '16†	DEC '16†	MAR '17†	JUN '17†	SEP '17†	DEC '17†	MAR '18†	JUN '18†	SEP '18†	DEC '18†	MAR '19†	JUN '19	SEP '19	DEC '19	MAR '20	JUN '20	SEP '20	DEC '20	MAR '21	JUN '21	SEP '21	DEC '21	MAR '22	JUN '22	SEP '22	MAR '23	JUN '23	SEP '23	DEC '23	MAR '24	JUN '24	SEP '24	DEC '24	MAR '25	JUN '25	SEP '25	DEC '25	MAR '26	JUN '26	SEP '26
Revenue	105	103	108	102	122	127	123	117	113	122	129	142	121	138	146	141	130	132	131	127	127	136	133	143	253	305	280	301	278	314	365	398	382	408	373	359	354	373	400	375	206	285	314	411	429	441	519	569	598	612	533	519	437	494	484	504	495	454	475	460	451	500	496	560	590
Operating profit	16	16	18	16	20	16	17	11	16	18	19	19	19	18	20	13	15	11	12	13	13	10	9	15	37	42	32	16	29	26	32	42	60	61	49	50	44	42	67	42	34	47	44	68	81	67	71	95	104	65	19	33	52	81	70	44	37	29	31	38	36	60	62	83	93
Operating margin	14.9%	15.4%	16.8%	15.3%	16.5%	12.9%	13.5%	9.2%	14.3%	14.9%	14.4%	13.3%	15.8%	13.2%	13.9%	9.0%	11.4%	8.7%	9.4%	10.6%	10.3%	7.7%	6.4%	10.6%	14.6%	13.6%	11.4%	5.4%	10.5%	8.4%	8.6%	10.5%	15.6%	14.9%	13.1%	13.9%	12.3%	11.3%	16.8%	11.3%	16.7%	16.4%	14.2%	16.4%	18.9%	15.2%	13.7%	16.7%	17.4%	10.6%	3.6%	6.5%	11.9%	16.4%	14.5%	8.7%	7.5%	6.4%	6.6%	8.2%	8.0%	12.0%	12.5%	14.8%	15.8%
Other income	1	0	0	0	0	0	1	2	3	3	3	1	0	1	1	1	1	2	1	2	1	1	2	2	1	2	1	14	3	4	19	2	5	4	4	4	3	6	7	1	0	1	2	1	0	0	1	0	0	0	1	0	0	1	2	1	1	1	2	2	5	1	14	0	1
Interest	4	5	5	6	5	6	7	11	11	10	11	6	3	2	4	10	3	3	4	6	4	4	3	6	13	13	15	16	14	15	17	22	18	23	27	33	26	26	24	40	27	24	23	21	20	19	23	20	16	14	18	19	17	16	16	15	15	16	16	17	17	18	16	17	20
Depreciation	8	7	7	7	7	7	7	7	7	7	7	8	7	8	8	9	6	6	6	9	7	7	7	7	13	14	14	14	14	15	14	21	17	17	17	18	17	18	18	19	18	18	18	18	18	18	18	21	16	17	17	14	12	13	21	13	13	13	13	13	14	14	14	13	14
Profit before tax	4	4	6	4	9	5	4	-5	1	3	3	6	9	10	10	-5	7	5	4	1	5	1	1	4	12	16	5	0	4	1	19	0	30	25	9	3	3	4	31	-43	-11	6	5	102	44	31	31	48	72	35	-16	2	22	53	35	17	10	2	4	9	10	26	47	53	61
Tax	2	1	1	1	1	1	1	2	0	1	0	-0	2	3	3	-4	2	1	1	2	1	1	1	-20	4	3	2	-1	1	0	7	-1	9	8	3	2	2	3	13	-12	-4	-2	2	55	12	8	8	11	18	10	-4	0	6	13	8	5	3	0	0	3	3	9	16	15	17
Net profit	2	3	5	3	8	4	3	-7	1	3	3	6	6	6	7	-1	6	4	3	-1	4	0	0	23	8	14	3	1	3	1	13	1	21	17	6	1	1	1	18	-31	-7	8	3	47	32	23	23	37	54	25	-11	1	16	39	27	13	8	2	4	6	7	17	32	39	44
EPS ₹	0.40	0.53	0.85	0.47	1.36	0.65	0.50	-1.14	0.11	0.46	0.41	0.92	1.07	0.86	0.97	-0.30	0.78	0.44	0.31	-0.37	0.35	-0.18	-0.16	3.63	1.07	2.00	0.24	—	0.18	—	1.83	0.13	3.41	2.78	0.95	0.13	0.17	0.18	3.06	-5.13	-1.20	1.34	0.48	7.81	5.09	3.58	3.64	5.86	8.72	3.94	-2.07	0.02	2.51	6.30	4.29	1.91	1.05	0.08	0.45	0.84	1.02	2.47	5.01	6.21	7.18
Revenue YoY	—	—	—	—	18.6%	18.0%	20.4%	—	-7.2%	-4.4%	4.6%	21.2%	6.4%	13.6%	13.6%	-0.4%	8.2%	-4.5%	-10.6%	-9.7%	-2.6%	2.8%	1.5%	12.2%	99.1%	124.3%	110.7%	110.3%	10.1%	3.2%	30.2%	32.1%	37.4%	29.6%	2.2%	-9.7%	-7.4%	-8.4%	7.4%	4.3%	-41.8%	-23.6%	-21.6%	9.8%	108.2%	54.8%	65.3%	38.3%	39.4%	38.7%	-6.3%	-13.3%	-28.7%	—	-9.1%	-2.9%	13.4%	-7.9%	-2.0%	-8.7%	-9.0%	10.2%	4.5%	21.8%	30.9%
Profit YoY	—	—	—	—	154.2%	-23.0%	8.2%	—	-91.6%	-29.4%	-17.7%	—	840.6%	127.6%	166.9%	-116.7%	-12.3%	-40.0%	-50.1%	—	-36.7%	-89.2%	-85.0%	—	121.7%	3219.5%	492.0%	-94.0%	-67.7%	-96.3%	323.0%	-45.0%	700.0%	3194.1%	-54.2%	3.9%	-95.1%	-93.5%	222.9%	-3981.2%	-820.8%	645.9%	-84.2%	—	—	181.8%	692.5%	-22.4%	68.8%	9.3%	-130.7%	-97.5%	-34.5%	—	—	862.4%	-53.7%	-95.7%	-85.6%	-50.7%	-13.3%	899.4%	703.6%	511.9%	575.2%

Returns & margins

trailing-twelve-month, per quarter

showing latest 8 of 56 periods

	DEC '10	MAR '12	JUN '12	SEP '12	DEC '12	MAR '13	JUN '13	SEP '13	DEC '13	MAR '14	JUN '14	SEP '14	DEC '14	MAR '15	JUN '15	SEP '15	DEC '15	MAR '16	JUN '16	SEP '16	DEC '16	MAR '17	JUN '17	SEP '17	DEC '17	MAR '18	JUN '18	SEP '18	DEC '18	MAR '19	JUN '19	SEP '19	DEC '19	MAR '20	JUN '20	SEP '20	DEC '20	MAR '21	JUN '21	SEP '21	DEC '21	MAR '22	JUN '22	SEP '22	DEC '23	MAR '24	JUN '24	SEP '24	DEC '24	MAR '25	JUN '25	SEP '25	DEC '25	MAR '26	JUN '26	SEP '26
ROE	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	19.2%	6.4%	10.9%	12.4%	10.8%	6.1%	3.8%	2.9%	3.2%	5.8%	10.7%	16.3%	25.8%
ROCE	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	18.6%	9.2%	13.0%	13.8%	13.2%	9.4%	6.5%	6.1%	6.6%	8.5%	11.6%	14.7%	17.9%
Net margin	3.2%	1.7%	0.2%	-0.1%	-0.2%	2.3%	3.4%	3.9%	4.6%	3.4%	3.2%	2.8%	2.2%	2.3%	1.9%	1.3%	0.7%	5.2%	4.9%	5.5%	4.9%	2.3%	1.8%	0.6%	1.4%	1.2%	2.4%	3.3%	2.8%	2.9%	1.6%	0.6%	1.4%	-0.7%	-1.4%	-0.9%	-2.3%	4.2%	6.3%	6.6%	7.0%	5.9%	6.4%	6.0%	2.3%	4.4%	5.0%	4.4%	2.5%	1.3%	1.0%	1.0%	1.8%	3.2%	4.7%	6.1%
EBITDA margin	15.6%	13.1%	12.5%	13.0%	13.2%	14.2%	14.5%	14.1%	14.0%	12.9%	11.9%	10.8%	9.6%	10.0%	9.7%	9.5%	8.7%	8.8%	10.7%	12.2%	12.8%	11.1%	10.2%	8.8%	8.2%	9.5%	10.9%	12.5%	13.5%	14.4%	13.6%	12.6%	13.6%	13.0%	13.7%	15.1%	14.3%	15.9%	16.7%	16.3%	15.9%	16.0%	15.8%	14.6%	9.3%	12.2%	12.9%	11.7%	9.3%	7.3%	7.2%	7.3%	8.8%	10.3%	12.0%	13.9%
Debt / equity	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	0.93	0.99	0.78	0.78	0.66	0.66	1.14	1.14	1.39	1.39	1.42	1.42	1.83
Interest coverage	1.93	1.42	1.11	1.06	1.04	1.33	1.69	2.22	3.22	2.22	2.15	1.84	1.56	2.15	1.91	1.64	1.50	1.67	1.71	1.97	1.78	1.58	1.43	1.16	1.39	1.35	1.69	1.93	1.71	1.66	1.37	1.17	1.38	0.96	0.84	0.86	0.62	2.08	2.79	3.18	3.49	2.86	3.31	3.54	1.88	2.67	3.02	2.91	2.07	1.55	1.40	1.38	1.73	2.38	3.02	3.68
Asset turnover	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	1.26	1.10	1.13	1.12	1.06	1.04	1.06	1.04	0.99	1.01	1.05	1.10	1.13

Balance sheet

equity vs borrowings over time · ₹ crore

showing latest 6 of 9 periods

	SEP '22	MAR '23	SEP '23	MAR '24	SEP '24	MAR '25	SEP '25	MAR '26	SEP '26
Share capital	12	12	12	12	12	12	12	12	12
Other equity / reserves	710	687	705	762	796	666	570	563	498
Total equity	722	699	717	774	808	678	582	575	510
Borrowings	672	858	708	606	530	769	806	817	932
Current liabilities	624	843	687	544	667	651	750	663	720
Non-current liabilities	470	435	394	397	396	489	533	584	662
Total assets	1,817	1,976	1,798	1,714	1,871	1,817	1,865	1,822	1,892
Property, plant & equipment	1,164	1,144	1,119	1,082	1,073	1,057	1,052	1,028	1,012
Capital work-in-progress	5	4	10	10	4	4	2	5	12
Investments	54	39	55	45	76	59	56	39	38
Inventories	261	409	285	247	320	369	418	388	431
Receivables	210	263	239	261	281	253	267	274	343
Cash & equivalents	0	0	0	5	3	0	0	0	0

Cash flow

annual · ₹ crore · line = free cash flow

	FY22	FY23	FY24	FY25	FY26
Cash from operations	329	32	351	44	197
Cash from investing	-34	-24	-10	-17	-26
Cash from financing	-307	-9	-336	-32	-172
Capex	35	26	20	20	30
Free cash flow	294	6	332	23	168
Dividends paid	10	15	15	15	15

Where the assets sit

Sep '26 · ₹ crore

Fixed assets (PPE)

₹1,012 cr54%

CWIP

₹12 cr1%

Investments

₹38 cr2%

Inventories

₹431 cr23%

Receivables

₹343 cr18%

Cash & equivalents

₹0 cr0%

Other assets

₹56 cr3%

Peer comparison

largest in Unclassified · this company in bold

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Avantel Limited	36,86,04,549	138.69	—	1059360.68	0.0%
Ducol Organics And Colours Limited	19,55,275	120.00	—	20089.13	0.0%
Jio Platforms Limited	12,57,181	1,406.40	—	3.57	—
SBI Funds Management Limited	1,01,750	499.55	—	—	—
Tamilnadu Telecommunication Limited	91,314	9.93	—	—	—
Manipal Health Enterprises Limited	76,294	646.70	—	—	—
INDO-MIM Limited	59,042	1,219.50	—	—	—
AvenuesAI Limited	45,138	129.25	153.6	9.51	6.2%
Dhoot Transmission Limited	32,761	1,601.60	—	8.11	—
3M India Limited	31,071	27,570.00	53.8	17.57	32.7%
Emami Paper Mills Limited	695	114.81	5.3	1.36	25.8%

StoxGud checklist: Neutral setup · 6/10

Price above 50-day average
Price above 200-day average
50-day average above 200-day (uptrend)
RSI in healthy 40–70 zone
Positive 1-year return
Return on equity above 15%
Debt to equity below 1
Revenue growing year on year
Net profit margin above 10%
P/E below industry median

A rules-based screen of trend, momentum, quality and valuation. Educational only — not a buy or sell recommendation.

Returns & technicals

1 month-1.4%

6 months+40.5%

1 year+14.1%

3Y CAGR-4.0%

5Y CAGR-5.7%

10Y CAGR—

50-day avg₹115.66

200-day avg₹93.46

RSI (14)40

FAQs

What is the share price of Emami Paper Mills Limited?

Emami Paper Mills Limited (EMAMIPAP) closed at ₹114.81 on NSE on 06 Nov 2026.

What is the market cap of Emami Paper Mills Limited?

₹695 crore at the latest close.

What is the P/E ratio of Emami Paper Mills Limited?

5.3, on trailing-twelve-month earnings from its filings.

How fast is Emami Paper Mills Limited growing?

Emami Paper Mills Limited: revenue has compounded at -6.2% a year over three years; net profit at -3.9% a year. Latest-quarter revenue is up 30.9% year on year, profit up 575.2%.

How profitable is Emami Paper Mills Limited?

On a trailing-twelve-month basis return on equity is 25.8%, return on capital employed 17.9%, operating margin 13.9%, net margin 6.1%.

How much debt does Emami Paper Mills Limited have?

Emami Paper Mills Limited is highly geared: debt to equity is 1.83 with borrowings of ₹932 cr against cash of ₹0 cr (balance sheet of 2026-09-30). Operating profit covers interest 3.7 times.

Financials parsed from Emami Paper Mills Limited's own XBRL filings to NSE (standalone), ₹ crore unless marked. Quarterly from MAR '10, annual from FY12, balance sheet from Sep '22. * = derived (full year or half year minus earlier quarters). † = the company's standalone results as published on BSE, used for quarters before JUN '19 (full years marked † are summed from them); cross-checked against the NSE filings where both exist. Information only, not investment advice.