Price
Financials
Standalone, Rs crore| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 17.88 | 2.59 | 16.10 | 4.21 | 1.83 | 0.59 | 0.02 | 0.12 | 1.22 | 0.04 | 0.00 | 0.00 |
| Expenses | 24.26 | 6.40 | 20.58 | 6.09 | 4.62 | 1.11 | 5.56 | 0.65 | 2.52 | 0.80 | 0.55 | 0.55 |
| Operating Profit | -6.38 | -3.81 | -4.48 | -1.88 | -2.79 | -0.52 | -5.54 | -0.53 | -1.30 | -0.76 | -0.55 | -0.55 |
| OPM % | -35.68% | -147.10% | -27.83% | -44.66% | -152.46% | -88.14% | -27,700.00% | -441.67% | -106.56% | -1,900.00% | ||
| Other Income | 0.00 | 0.00 | 0.68 | 0.01 | 0.02 | 0.06 | -0.92 | -0.04 | -0.05 | 0.02 | 0.02 | 0.01 |
| Interest | 0.81 | 0.46 | 1.50 | 1.16 | 0.02 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation | 1.01 | 0.99 | 0.99 | 0.98 | 0.87 | 0.93 | 0.93 | 0.88 | 1.77 | 0.88 | 0.88 | 0.87 |
| Profit before tax | -8.20 | -5.26 | -6.29 | -4.01 | -3.66 | -1.39 | -7.39 | -1.45 | -3.12 | -1.62 | -1.41 | -1.41 |
| Tax % | 0.00% | 0.00% | 2.23% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Net Profit | -8.20 | -5.25 | -6.43 | -4.01 | -3.66 | -1.39 | -7.38 | -1.45 | -3.11 | -1.62 | -1.41 | -1.41 |
| EPS in Rs | -8.48 | -5.43 | -6.65 | -4.15 | -3.79 | -1.44 | -7.64 | -1.50 | -3.22 | -1.68 | -1.46 | -1.46 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 121.57 | 97.07 | 128.46 | 161.40 | 122.34 | 91.53 | 79.38 | 77.05 | 56.70 | 6.65 | 1.26 | 1.26 |
| Expenses | 134.25 | 106.08 | 136.46 | 150.66 | 116.09 | 87.67 | 78.83 | 81.67 | 74.22 | 17.38 | 3.87 | 4.42 |
| Operating Profit | -12.68 | -9.01 | -8.00 | 10.74 | 6.25 | 3.86 | 0.55 | -4.62 | -17.52 | -10.73 | -2.61 | -3.16 |
| OPM % | -10.43% | -9.28% | -6.23% | 6.65% | 5.11% | 4.22% | 0.69% | -6.00% | -30.90% | -161.35% | -207.14% | -250.79% |
| Other Income | 0.22 | -0.06 | 0.01 | 22.99 | 4.98 | 0.00 | 7.85 | 3.97 | 4.90 | -0.83 | -0.01 | -0.00 |
| Interest | 8.14 | 8.58 | -11.23 | 5.68 | 5.90 | 3.78 | 2.29 | 1.19 | 2.78 | 1.18 | 0.00 | 0.00 |
| Depreciation | 3.17 | 3.18 | 3.22 | 3.26 | 3.31 | 3.38 | 3.49 | 3.68 | 3.94 | 3.70 | 3.52 | 4.40 |
| Profit before tax | -23.77 | -20.83 | 0.02 | 24.79 | 2.02 | -3.30 | 2.62 | -5.52 | -19.34 | -16.44 | -6.14 | -7.56 |
| Tax % | -20.03% | 3.74% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.72% | 0.00% | 0.00% | |
| Net Profit | -19.01 | -21.61 | 0.02 | 24.80 | 2.01 | -3.30 | 2.63 | -5.52 | -19.48 | -16.44 | -6.14 | -7.55 |
| EPS in Rs | -19.67 | -22.36 | 0.02 | 25.66 | 2.08 | -3.41 | 2.72 | -5.71 | -20.16 | -17.01 | -6.35 | -7.82 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | -37% | -58% | -75% | -51% | ||
| Compounded Profit Growth | 5% | -28% | -3% | 42% | ||
| Stock Price CAGR | -2% | -8% | -12% | 39% | ||
| Return on Equity | % | % | % | % |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 9.66 | 9.66 | 9.66 | 9.66 | 9.66 | 9.66 | 9.66 | 9.66 | 9.66 | 9.66 | 9.66 | 9.66 |
| Reserves | 0.99 | -18.02 | -39.63 | -39.62 | -4.82 | -2.80 | -6.11 | -3.48 | -8.84 | -28.23 | -54.67 | -60.82 |
| Borrowings | 86.20 | 85.43 | 87.76 | 79.80 | 43.11 | 29.49 | 50.77 | 21.79 | 32.78 | 46.28 | 51.39 | 51.40 |
| Other Liabilities | 49.88 | 39.45 | 57.18 | 68.71 | 79.07 | 80.35 | 45.94 | 55.27 | 45.36 | 45.49 | 59.70 | 55.06 |
| Total Liabilities | 146.73 | 116.52 | 114.97 | 118.55 | 127.02 | 116.70 | 100.26 | 83.24 | 78.96 | 73.20 | 66.08 | 55.30 |
| Fixed Assets | 68.80 | 65.90 | 62.74 | 61.11 | 60.21 | 59.37 | 59.19 | 49.14 | 50.81 | 50.57 | 48.70 | 45.17 |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Assets | 77.93 | 50.62 | 52.23 | 57.44 | 66.81 | 57.33 | 41.07 | 34.10 | 28.15 | 22.63 | 17.38 | 10.13 |
| Total Assets | 146.73 | 116.52 | 114.97 | 118.55 | 127.02 | 116.70 | 100.26 | 83.24 | 78.96 | 73.20 | 66.08 | 55.30 |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | -8.26 | 0.22 | -0.76 | 1.63 | 15.21 | 4.51 | -17.45 | 15.94 | -9.31 | -9.90 | 6.73 | -5.78 |
| Cash from Investing Activity | -0.98 | -0.13 | 0.48 | -1.23 | -2.08 | -0.80 | -3.86 | 15.32 | -1.39 | -4.82 | -10.80 | 7.60 |
| Cash from Financing Activity | 8.42 | -0.43 | 2.26 | -1.39 | -13.09 | -3.85 | 21.75 | -32.35 | 10.89 | 14.91 | 3.95 | 0.01 |
| Net Cash Flow | -0.81 | -0.34 | 1.98 | -0.99 | 0.04 | -0.15 | 0.44 | -1.10 | 0.19 | 0.19 | -0.12 | 1.82 |
| Free Cash Flow | -9.16 | -0.04 | -0.89 | 0.12 | 12.85 | 2.04 | -20.64 | 22.50 | -14.67 | -13.82 | 4.91 | -5.78 |
| CFO/OP | -375% | -3% | 8% | -20% | 142% | 72% | -452% | 2,898% | 207% | 56% | -62% | 223% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 139.58 | 106.73 | 128.26 | 121.87 | 105.97 | 104.57 | 95.79 | 75.00 | 49.27 | 52.59 | 14.82 | 63.73 |
| Inventory Days | 136.61 | 38.47 | 41.32 | 18.75 | 59.94 | 42.02 | 48.34 | 79.12 | 80.06 | 71.21 | 287.19 | |
| Days Payable | 117.93 | 91.29 | 178.93 | 148.18 | 272.87 | 315.79 | 216.07 | 372.61 | 295.09 | 239.64 | 2,798.71 | |
| Cash Conversion Cycle | 158.27 | 53.91 | -9.35 | -7.56 | -106.96 | -169.19 | -71.94 | -218.49 | -165.76 | -115.84 | -2,496.70 | 63.73 |
| Working Capital Days | 51.23 | -140.81 | -239.41 | -46.09 | -17.66 | -86.22 | -4.03 | -158.41 | -211.99 | -424.16 | -4,894.84 | -24,863.45 |
| ROCE % | -0.86% | -17.97% | -18.02% | -20.83% | 62.32% | 10.27% | 1.06% | -4.23% | -14.07% | -54.02% | -83.31% | -180.66% |
| Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 20.56% | 20.56% | 37.68% | 37.68% | 37.68% | 37.68% | 37.68% | 37.68% | 37.68% | 37.68% | 37.62% | 37.62% |
| Government | 0.04% | 0.04% | 0.03% | 0.03% | 0.03% | 0.03% | 0.03% | 0.03% | 0.03% | 0.03% | 0.03% | 0.03% |
| Public | 79.40% | 79.39% | 62.28% | 62.28% | 62.29% | 62.28% | 62.28% | 62.29% | 62.28% | 62.29% | 62.35% | 62.35% |
| No. of Shareholders | 9,114 | 9,100 | 9,069 | 9,048 | 9,056 | 9,051 | 9,122 | 9,285 | 9,338 | 9,324 | 9,321 | 9,298 |
Fundamentals
Market Cap₹ 16.4 Cr.
Current Price₹ 17.0
Book Value₹ -52.9
ROCE-181 %
ROE%
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)-51%
Compounded Profit Growth (TTM)42%
Standalone figures.
Valuation
Market capRs 17 Cr
Enterprise valueRs 64 Cr
Price to book-0.33x
Price to sales13.37x
EV / sales50.87x
Earnings yield-44.82%
P/B, 3-year average-0.49x
P/E, 5-year average5.49x
P/B, 5-year average6.58x
Profitability
Operating margin (excl. other income)-207.14%
Operating margin (incl. other income)-207.94%
EBITDA margin-250.79%
Pre-tax margin-600.00%
Net profit margin-599.21%
ROE12.77%
ROCE-185.50%
ROA-10.12%
ROE, 3-year average94.66%
ROCE, 3-year average-109.68%
ROA, 3-year average-19.78%
ROE, 5-year average36.06%
ROCE, 5-year average-66.24%
ROA, 5-year average-12.65%
Other income / net worth0.02%
Growth
Sales growth (latest year)-81.05%
Sales CAGR, 3 years-74.62%
Sales CAGR, 5 years-57.56%
Per share
EPS (TTM)Rs -7.81
EPS (latest year)Rs -6.35
EPS (latest quarter)Rs -1.46
EPS, 3-year averageRs -14.51
EPS, 5-year averageRs -9.30
Book value per shareRs -52.93
Sales per shareRs 1.30
Cash flow per shareRs -5.98
Free cash flow per shareRs -5.98
Efficiency
Asset turnover0.02x
Fixed asset turnover0.03x
Inventory turnover1.16x
Inventory days316 days
Debtor days64 days
Debtors turnover5.73x
Creditor days2799 days
Cash conversion cycle64 days
Working capital days-24863 days
Leverage
Total debtRs 51 Cr
Cash and bankRs 4 Cr
Net debtRs 47 Cr
Debt to equity-1.00x
Owners' fund to total sources-92.51%
Debt to assets92.95%
Cash flow
Cash from Operating Activity (latest year)Rs -6 Cr
Cash from Investing Activity (latest year)Rs 8 Cr
Cash from Financing Activity (latest year)Rs 0 Cr
Net Cash Flow (latest year)Rs 2 Cr
Free cash flow (latest year)Rs -6 Cr
FCFE (approx.: FCF + change in debt)Rs -6 Cr
Statement figures
Net sales (TTM)Rs 1 Cr
Net sales (latest year)Rs 1 Cr
Operating profit excl. other income (latest year)Rs -3 Cr
Operating profit (latest quarter)Rs -1 Cr
Other income (TTM)Rs -0 Cr
EBITDA (TTM)Rs -3 Cr
PBDT (TTM)Rs -3 Cr
Profit before tax (TTM)Rs -8 Cr
Net profit (TTM)Rs -8 Cr
Net profit (latest year)Rs -6 Cr
Net profit (latest quarter)Rs -1 Cr
Depreciation (TTM)Rs 4 Cr
Depreciation (latest quarter)Rs 1 Cr
Cost of goods sold (latest year)Rs 1 Cr
Total expenditure (latest year)Rs 4 Cr
Total income (latest year)Rs 1 Cr
Share capitalRs 10 Cr
ReservesRs -61 Cr
Shareholders' fundsRs -51 Cr
Total assetsRs 55 Cr
Net blockRs 45 Cr
ReceivablesRs 0 Cr
InventoryRs 1 Cr
Other liabilitiesRs 55 Cr
Shares outstanding (crore)0.97
Ownership
Promoter holding37.62% (-0.06 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
Not enough history to build valuation bands (needs two years of profits and prices).
| Period | 500357 | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | +3.7% | -2.8% | +6.5 pts |
| 1 month | +28.4% | -6.8% | +35.2 pts |
| 3 months | +20.6% | -7.6% | +28.2 pts |
| 3 years | -28.5% | +14.2% | -42.7 pts |
| 5 years | -32.7% | +27.9% | -60.6 pts |
Red flags
F-score 3 of 8| serious | Negative equity Shareholders' equity is negative |
| explain | Receivables outrunning sales Receivables grew -19% vs sales -81% in 2026 |
| look | Repeated losses Net loss in each of the last two years |
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.
Latest quarter
Jun 2026Sales ₹0 Cr -100.0% vs Jun 2025.
Net loss ₹1 Cr.
Activity
Compare| Company | Mcap (Cr) | P/E | ROCE |
|---|---|---|---|
| JK Paper Ltd | 7,096 | 21.7 | 7.39 % |
| West Coast Paper Mills Ltd | 4,641 | 20.2 | 6.17 % |
| Seshasayee Paper & Boards Ltd | 1,535 | 15.5 | 5.60 % |
| Andhra Paper Ltd | 1,427 | 51.7 | 0.04 % |
| N R Agarwal Industries Ltd | 1,125 | 17.0 | 8.49 % |
| Tamil Nadu Newsprint & Papers Ltd | 1,053 | 4.04 | 6.41 % |
| Pudumjee Paper Products Ltd | 898 | 9.86 | 18.1 % |
| Emami Paper Mills Ltd | 718 | 7.60 | 11.4 % |
| Satia Industries Ltd | 687 | 3.94 % | |
| Kuantum Papers Ltd | 671 | 18.6 | 5.24 % |
| Prabhatam Infra Venture Ltd | 614 | -97.1 % | |
| Shree Rama Newsprint Ltd | 464 | 0.93 % | |
| Pakka Ltd | 350 | 25.2 | 3.31 % |
| Orient Paper & Industries Ltd | 343 | -4.24 % | |
| Ruchira Papers Ltd | 313 | 9.39 | 11.1 % |
No bulk or block deals on record.
No corporate actions on record.
No announcements in our files yet.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Not on any NSE surveillance list in the latest file.
Quick answers
What is the market cap of Rama Paper Mills Ltd?
Rama Paper Mills Ltd (500357) has a market capitalisation of Rs 16.4 Cr. at the 2026-10-01 close.
What were Rama Paper Mills Ltd's latest quarterly results?
In the Jun 2026 quarter, Rama Paper Mills Ltd sales was Rs 0 Cr (-100.0% vs Jun 2025) with a net loss of Rs 1 Cr.