JK Paper Limited

NSE: JKPAPER · Forest Materials

₹368.00-0.90%06 Nov 2026

Ask the data

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

Market cap₹6,673 cr

Current price₹368.00

High / Low₹431 / ₹306

P/E19.0

P/B1.18

Book value₹312.3

ROE6.2%

ROCE8.5%

Debt / equity0.42

Dividend yield1.27%

EPS (TTM)₹19.35

Face value₹10

Price & valuation

split & bonus adjusted · pick a metric and range

Annual performance

annual · ₹ crore · line = operating margin

showing latest 6 of 7 periods

	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Revenue	3,060	2,751	3,969	6,437	6,659	6,718	7,076
EBITDA	871	562	997	2,012	1,616	928	924
Operating margin	28.5%	20.4%	25.1%	31.3%	24.3%	13.8%	13.1%
Interest	129	129	132	222	208	178	225
Depreciation	149	174	193	282	310	332	377
Profit before tax	696	370	797	1,646	1,325	527	364
Tax	228	133	253	438	191	115	93
Net profit	475	240	543	1,196	1,122	410	266
EPS ₹	26.28	13.73	32.03	70.59	66.22	24.19	14.66
Operating cash flow	—	—	774	1,762	1,376	613	773
Capex	—	—	853	224	240	253	503
Dividend paid	—	—	68	161	127	85	85
Total assets	—	—	—	8,920	9,328	9,548	10,538
Equity	—	—	—	4,034	5,070	5,407	5,521

Quarterly performance

last 29 quarters · ₹ crore

showing latest 8 of 29 periods

	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 '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	791	821	736	469	638	745	898	661	944	1,024	1,340	1,430	1,644	1,643	1,719	1,584	1,650	1,706	1,719	1,714	1,683	1,632	1,690	1,674	1,749	1,763	1,966	1,887	1,939
Operating profit	227	231	176	63	116	155	228	190	220	251	336	423	539	565	484	477	407	372	359	280	264	168	217	247	224	177	277	290	283
Operating margin	28.7%	28.1%	24.0%	13.3%	18.1%	20.8%	25.4%	28.8%	23.3%	24.6%	25.1%	29.6%	32.8%	34.4%	28.1%	30.1%	24.7%	21.8%	20.9%	16.4%	15.7%	10.3%	12.8%	14.8%	12.8%	10.1%	14.1%	15.4%	14.6%
Other income	25	29	31	27	22	26	37	34	35	33	22	35	48	49	41	55	59	56	57	29	32	22	25	25	20	19	3	31	18
Interest	33	31	33	35	32	33	28	33	37	29	32	29	36	94	63	51	42	80	35	36	68	24	50	67	51	47	60	40	54
Depreciation	36	40	37	42	45	44	44	43	45	45	60	65	67	70	81	80	84	83	63	80	82	83	86	89	91	97	100	99	103
Profit before tax	183	188	137	13	61	103	194	148	173	210	266	364	451	451	381	401	341	265	318	193	145	83	105	116	101	37	117	182	144
Tax	63	57	44	10	27	38	58	44	54	59	96	100	124	117	98	88	35	28	40	53	16	18	28	31	23	9	27	47	42
Net profit	124	132	93	4	35	66	136	104	118	150	170	262	324	329	280	309	302	235	276	140	129	65	76	81	75	27	92	130	101
EPS ₹	6.75	7.40	5.20	0.15	1.90	3.72	7.89	6.14	6.99	8.87	10.03	15.46	19.14	19.44	16.54	18.22	17.85	13.88	16.27	8.25	7.59	3.86	4.51	4.80	4.42	1.61	5.07	7.18	5.59
Revenue YoY	—	—	—	—	-19.2%	-9.2%	22.1%	40.8%	47.9%	37.4%	49.2%	116.5%	74.1%	60.5%	28.3%	10.8%	0.4%	3.8%	-0.0%	8.2%	2.0%	-4.4%	-1.7%	-2.3%	3.9%	8.0%	16.4%	12.7%	10.9%
Profit YoY	—	—	—	—	-71.9%	-50.0%	46.5%	2854.5%	241.2%	127.8%	25.2%	151.9%	173.9%	119.2%	64.9%	17.8%	-6.7%	-28.6%	-1.6%	-54.7%	-57.5%	-72.2%	-72.4%	-41.9%	-41.8%	-58.1%	20.7%	60.2%	35.6%

Earlier results (standalone, Sep '07 – Jun '19)

₹ crore · from BSE, before the NSE XBRL filings begin

JK Paper Limited reports consolidated figures above. Quarterly consolidated results only became mandatory in India in 2019, so the earlier history available is the standalone company only (excluding subsidiaries). It is shown separately so the two bases are never mixed.

Full years

showing latest 8 of 11 periods

	FY09†	FY10†	FY11†	FY12†	FY13†	FY14†	FY15†	FY16†	FY17†	FY18†	FY19†
Revenue	1,082	1,106	1,233	1,331	1,458	1,738	2,159	2,455	2,733	2,880	3,256
Operating profit	179	245	263	159	131	124	254	406	514	613	870
Operating margin	16.5%	22.1%	21.3%	12.0%	9.0%	7.1%	11.8%	16.5%	18.8%	21.3%	26.7%
Other income	—	0	3	10	13	15	12	15	26	26	56
Interest	62	47	41	44	50	122	204	198	189	143	122
Depreciation	70	70	72	73	73	122	114	107	120	121	125
Profit before tax	54	127	148	52	37	-123	-51	115	232	375	678
Tax	16	36	42	3	-0	-46	-38	36	69	115	241
Net profit	38	91	106	49	38	-77	-13	80	163	260	437

Quarters

showing latest 8 of 48 periods

	SEP '07†	DEC '07†	MAR '08†	JUN '08†	SEP '08†	DEC '08†	MAR '09†	JUN '09†	SEP '09†	DEC '09†	MAR '10†	JUN '10†	SEP '10†	DEC '10†	MAR '11†	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†
Revenue	179	206	221	263	283	268	268	261	286	265	295	291	313	314	315	324	322	327	357	345	358	369	386	356	401	467	513	490	534	554	582	585	597	604	668	607	721	671	735	665	671	791	752	795	785	869	807	713
Operating profit	38	36	34	50	45	41	42	61	63	61	60	67	71	65	60	61	33	30	35	43	29	22	37	26	-1	39	60	40	48	75	91	100	101	95	110	113	134	124	143	153	139	154	168	199	205	248	218	246
Operating margin	21.3%	17.6%	15.2%	19.1%	15.9%	15.5%	15.7%	23.3%	22.2%	22.8%	20.4%	22.8%	22.6%	20.8%	19.2%	18.8%	10.3%	9.3%	9.7%	12.4%	8.2%	6.0%	9.6%	7.2%	-0.1%	8.3%	11.7%	8.2%	9.0%	13.6%	15.7%	17.1%	17.0%	15.7%	16.4%	18.7%	18.6%	18.5%	19.4%	23.0%	20.7%	19.5%	22.3%	25.1%	26.1%	28.5%	27.1%	34.5%
Other income	0	3	5	0	0	—	—	0	0	0	0	1	1	1	1	0	1	2	7	5	4	4	0	6	4	3	2	4	5	1	1	2	5	3	4	3	7	7	9	6	6	6	7	7	10	14	24	21
Interest	8	13	14	18	14	16	14	13	10	11	13	8	14	9	9	12	12	9	13	13	13	13	11	11	20	43	47	50	51	48	55	51	51	48	47	48	49	49	43	40	33	37	33	28	28	31	35	31
Depreciation	13	16	17	17	17	17	18	18	18	18	17	18	18	18	18	18	18	19	18	18	18	18	18	18	28	39	37	27	31	27	29	27	27	27	27	30	30	30	29	30	30	31	30	31	31	32	31	35
Profit before tax	17	10	8	15	14	6	19	31	35	31	30	41	39	36	32	32	4	5	11	17	2	-6	24	2	-44	-58	-22	-32	-29	1	9	24	28	23	40	39	62	52	79	90	81	92	111	147	156	199	176	200
Tax	6	2	-8	5	5	2	4	10	12	10	3	12	10	11	9	7	-2	-2	-0	2	-3	-4	4	1	-19	-19	-8	-10	-9	-10	-9	7	9	7	13	12	18	16	23	30	25	22	38	52	46	79	64	64
Net profit	11	8	16	10	9	4	15	20	23	20	27	29	29	25	23	24	7	7	11	14	5	-2	21	1	-25	-39	-14	-23	-20	11	18	17	20	16	27	27	44	36	56	60	57	70	74	95	110	120	112	136
EPS ₹	1.40	1.01	2.02	1.31	1.16	0.46	1.93	2.58	3.00	2.60	3.47	3.72	3.72	3.21	2.96	3.10	0.68	0.54	0.81	1.03	0.35	-0.14	1.55	0.10	-1.82	-2.88	-1.05	-1.65	-1.44	0.84	1.32	1.23	1.43	1.06	1.84	1.79	2.96	2.38	3.61	3.70	3.35	4.02	4.19	5.37	6.15	6.75	6.30	7.64
Revenue YoY	—	—	—	—	58.0%	29.7%	21.3%	-0.9%	0.9%	-0.8%	9.9%	11.6%	9.7%	18.2%	6.9%	11.3%	2.7%	4.3%	13.4%	6.5%	11.2%	12.6%	8.0%	3.2%	12.2%	26.7%	32.9%	37.4%	32.9%	18.6%	13.4%	19.5%	11.9%	9.1%	14.8%	3.6%	20.6%	11.1%	10.0%	9.7%	-6.8%	17.9%	2.4%	19.5%	16.9%	9.9%	7.3%	-10.4%
Profit YoY	—	—	—	—	-17.5%	-55.0%	-4.4%	95.9%	158.2%	470.0%	79.7%	44.4%	24.2%	23.4%	-14.7%	-16.7%	-77.6%	-70.5%	-51.9%	-41.7%	-28.5%	-128.0%	88.7%	-90.2%	-633.0%	—	-168.4%	-1732.6%	—	—	—	—	—	37.6%	51.0%	58.9%	121.9%	128.7%	106.5%	125.5%	28.8%	94.5%	30.7%	58.3%	93.5%	72.3%	52.5%	43.1%

Returns & margins

trailing-twelve-month, per quarter

showing latest 8 of 26 periods

	JUN '20	SEP '20	DEC '20	MAR '21	JUN '21	SEP '21	DEC '21	MAR '22	JUN '22	SEP '22	DEC '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
ROE	—	—	—	—	—	—	—	—	—	26.0%	31.1%	29.6%	30.8%	26.5%	24.4%	22.1%	18.8%	14.8%	11.6%	7.6%	6.5%	5.4%	4.7%	5.0%	5.9%	6.2%
ROCE	—	—	—	—	—	—	—	—	—	22.1%	26.9%	27.3%	28.2%	25.7%	22.9%	21.1%	18.0%	15.8%	12.5%	9.7%	9.0%	8.0%	7.7%	7.5%	8.0%	8.5%
Net margin	12.5%	9.9%	7.6%	8.7%	11.6%	13.1%	14.4%	13.7%	14.8%	16.7%	17.9%	18.6%	18.9%	18.5%	16.9%	16.8%	14.0%	11.4%	9.0%	6.1%	5.3%	4.4%	3.8%	3.9%	4.4%	4.6%
EBITDA margin	24.7%	22.0%	19.7%	20.4%	23.4%	24.4%	25.2%	25.1%	26.0%	28.5%	30.8%	31.3%	31.3%	29.3%	26.1%	24.3%	20.9%	18.7%	15.9%	13.8%	13.4%	12.7%	12.6%	12.9%	13.1%	13.6%
Debt / equity	—	—	—	—	—	—	—	—	—	0.84	0.84	0.69	0.69	0.54	0.54	0.43	0.43	0.37	0.37	0.35	0.35	0.36	0.36	0.44	0.44	0.42
Interest coverage	4.94	4.04	3.35	3.88	5.00	5.68	6.66	7.04	8.90	11.18	9.00	8.40	7.88	7.28	6.86	7.37	6.81	5.22	5.56	3.96	3.15	3.11	2.66	2.65	3.21	3.39
Asset turnover	—	—	—	—	—	—	—	—	—	0.67	0.75	0.72	0.74	0.72	0.72	0.71	0.73	0.74	0.73	0.70	0.70	0.69	0.70	0.68	0.70	0.72

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	169	169	169	169	169	169	169	181	181
Other equity / reserves	3,324	3,865	4,439	4,900	5,100	5,238	5,300	5,339	5,481
Total equity	3,493	4,034	4,609	5,070	5,270	5,407	5,469	5,521	5,663
Borrowings	2,921	2,803	2,482	2,204	1,950	1,885	1,967	2,436	2,371
Current liabilities	1,436	1,629	1,570	1,476	1,446	1,533	1,738	2,173	1,977
Non-current liabilities	3,148	3,126	2,898	2,640	2,475	2,359	2,361	2,579	2,619
Total assets	8,089	8,920	9,214	9,328	9,218	9,548	9,787	10,538	10,468
Property, plant & equipment	5,063	5,328	5,363	5,437	5,371	5,439	5,359	5,562	5,846
Capital work-in-progress	115	119	97	61	71	92	356	420	83
Investments	1,272	931	1,424	1,158	1,302	610	806	537	879
Inventories	471	819	653	942	778	1,249	1,111	1,348	1,172
Receivables	182	350	293	361	408	432	405	546	555
Cash & equivalents	13	36	52	64	30	28	28	157	60

Cash flow

annual · ₹ crore · line = free cash flow

	FY22	FY23	FY24	FY25	FY26
Cash from operations	774	1,762	1,376	613	773
Cash from investing	-874	-967	-411	-2	-836
Cash from financing	103	-768	-937	-647	197
Capex	853	224	240	253	503
Free cash flow	-80	1,538	1,136	360	270
Dividends paid	68	161	127	85	85

Where the assets sit

Sep '26 · ₹ crore

Fixed assets (PPE)

₹5,846 cr56%

CWIP

₹83 cr1%

Investments

₹879 cr8%

Inventories

₹1,172 cr11%

Receivables

₹555 cr5%

Cash & equivalents

₹60 cr1%

Other assets

₹1,872 cr18%

Peer comparison

largest in Forest Materials · this company in bold

Company	Market cap ₹cr	Price	P/E	P/B	ROE
JK Paper Limited	6,673	368.00	19.0	1.18	6.2%

StoxGud checklist: Neutral setup · 4/10

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-4.3%

6 months-1.3%

1 year-7.1%

3Y CAGR-0.4%

5Y CAGR+10.1%

10Y CAGR+14.9%

50-day avg₹392.88

200-day avg₹366.59

RSI (14)39

FAQs

What is the share price of JK Paper Limited?

JK Paper Limited (JKPAPER) closed at ₹368.00 on NSE on 06 Nov 2026.

What is the market cap of JK Paper Limited?

₹6,673 crore at the latest close.

What is the P/E ratio of JK Paper Limited?

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

How fast is JK Paper Limited growing?

JK Paper Limited: revenue has compounded at 3.2% a year over three years; net profit at -39.4% a year. Latest-quarter revenue is up 10.9% year on year, profit up 35.6%.

How profitable is JK Paper Limited?

On a trailing-twelve-month basis return on equity is 6.2%, return on capital employed 8.5%, operating margin 13.6%, net margin 4.6%.

How much debt does JK Paper Limited have?

JK Paper Limited is lightly geared: debt to equity is 0.42 with borrowings of ₹2,371 cr against cash of ₹60 cr (balance sheet of 2026-09-30). Operating profit covers interest 3.4 times.

Financials parsed from JK Paper Limited's own XBRL filings to NSE (consolidated), ₹ crore unless marked. Quarterly from SEP '19, annual from FY20, balance sheet from Sep '22. * = derived (full year or half year minus earlier quarters). Information only, not investment advice.