MarketFriction

Kuantum Papers Ltd

NSE KUANTUM · BSE 532937 · Paper & Paper Products
₹76.71 +0.47%
NSE close2026-10-01
52 week range65.01 - 113.00
Market cap₹671 Cr.
P/E18.6
Price band 20% Delivery 75.9%

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Standalone, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales298.18301.47298.85280.75278.86270.08277.35222.92279.70289.59300.94303.75
Expenses217.57222.10235.24209.18218.11219.69217.48182.52245.36250.34253.10263.65
Operating Profit80.6179.3763.6171.5760.7550.3959.8740.4034.3439.2547.8440.10
OPM %27.03%26.33%21.28%25.49%21.79%18.66%21.59%18.12%12.28%13.55%15.90%13.20%
Other Income1.010.723.070.861.742.081.411.432.211.591.172.85
Interest12.2611.268.018.959.4110.5010.4410.3911.9010.8813.1814.53
Depreciation11.9312.3512.2612.5213.0013.8114.6615.2016.3016.6217.2117.65
Profit before tax57.4356.4846.4150.9640.0828.1636.1816.248.3513.3418.6210.77
Tax %25.74%25.37%27.00%25.06%25.42%25.50%27.81%25.74%30.90%26.69%22.99%42.15%
Net Profit42.6542.1533.8938.1929.8920.9826.1212.065.779.7814.346.23
EPS in Rs4.894.833.884.383.432.402.991.380.661.121.640.71
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales5266087047937454048301,3101,2111,1071,0931,174
Expenses4604905566376253747109308608609301,012
Operating Profit6511814815611930120380351247163162
OPM %12%19%21%20%16%7%14%29%29%22%15%14%
Other Income1339914-60-12368
Interest202125293128707144404750
Depreciation141519253235464548546568
Profit before tax338410711165-3282032481555751
Tax %25%30%32%30%-10%-60%-74%33%26%26%26%
Net Profit2559737872-13131361841154236
EPS in Rs2.816.798.358.938.23-1.461.5415.6021.0713.204.814.13
Dividend Payout %4%3%3%6%3%0%0%19%14%23%52%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth8%22%-6%12%
Compounded Profit Growth6%65%-38%-59%
Stock Price CAGR11%-1%-24%-30%
Return on Equity9%11%10%3%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital999999999999
Reserves5325526126837588238098229581,1151,2041,220
Borrowings224243302321395573689762513512654870
Other Liabilities911008810912314410883210251246301
Total Liabilities8569031,0111,1211,2841,5491,6141,6761,6891,8882,1132,399
Fixed Assets6736877728259781,0341,4361,4081,4141,4751,6191,838
CWIP265042845531021293142156263
Investments000000000001
Other Assets157166198213251206158239245371338297
Total Assets8569031,0111,1211,2841,5491,6141,6761,6891,8882,1132,399
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity325773131136758048375298177219
Cash from Investing Activity-56-50-93-132-150-252-178-35-60-156-315-321
Cash from Financing Activity23-641-83913898-11-318-7376134
Net Cash Flow-0021-825-39-03-269-6132
Free Cash Flow-4-12-617-27-202-1049312131-134-107
CFO/OP61%99%75%105%103%72%272%41%101%101%85%139%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days3225211715730278101315
Inventory Days1071021171339514114511488126141133
Days Payable5447475447421244725644765
Cash Conversion Cycle85809195631055194717310783
Working Capital Days-4-4-6-0-5-19-1710-4-22-25-60
ROCE %10%7%12%14%13%8%0%5%22%20%11%5%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters70.31%70.31%70.31%70.31%70.31%70.31%70.31%70.31%70.31%70.31%70.31%70.31%
FIIs1.04%0.53%0.17%0.14%0.08%0.15%0.08%0.00%0.00%0.02%0.05%0.04%
DIIs0.02%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
Public28.63%29.16%29.52%29.55%29.61%29.54%29.61%29.69%29.68%29.68%29.63%29.65%
No. of Shareholders17,04418,25120,27620,87021,98623,00722,75922,51722,72922,06921,57021,742

Fundamentals

Market Cap₹ 671 Cr.
Current Price₹ 76.7
Stock P/E18.6
Book Value₹ 141
ROCE5.24 %
ROE3.45 %
Dividend Yield3.26 %
Face Value₹ 1.00
Compounded Sales Growth (TTM)12%
Compounded Profit Growth (TTM)-59%
Standalone figures.
Valuation
Market capRs 669 Cr
Enterprise valueRs 1,491 Cr
P/E (TTM)18.53x
Price to book0.55x
Price to sales0.57x
EV / EBITDA8.80x
EV / EBIT14.68x
EV / sales1.27x
Price to cash flow3.05x
Earnings yield5.40%
Dividend yield3.26%
P/E, 3-year average9.57x
P/B, 3-year average0.80x
P/E, 5-year average17.75x
P/B, 5-year average0.87x
Profitability
Operating margin (excl. other income)14.89%
Operating margin (incl. other income)15.46%
EBITDA margin14.43%
Pre-tax margin4.35%
Net profit margin3.08%
Net margin, latest quarter2.05%
ROE3.44%
ROCE5.23%
ROA1.86%
ROE, 3-year average10.29%
ROCE, 3-year average11.69%
ROA, 3-year average5.97%
ROE, 5-year average9.53%
ROCE, 5-year average11.59%
ROA, 5-year average5.36%
ROIC (approx.)3.68%
Tax rate25.82%
Other income / net worth0.50%
Growth
Sales growth (latest year)-1.25%
Profit growth (latest year)-63.58%
Sales CAGR, 3 years-5.84%
Sales CAGR, 5 years22.04%
Profit CAGR, 3 years-32.46%
Sales growth QoQ0.93%
Profit growth QoQ-56.56%
Sales growth YoY (latest quarter)36.26%
Profit growth YoY (latest quarter)-48.34%
Per share
EPS (TTM)Rs 4.14
EPS (latest year)Rs 4.81
EPS (latest quarter)Rs 0.71
EPS, 3-year averageRs 13.02
EPS, 5-year averageRs 11.24
Book value per shareRs 140.76
Sales per shareRs 134.53
Cash flow per shareRs 25.11
Free cash flow per shareRs -12.26
Dividend per share (latest year)Rs 2.50
Dividend per share, 3-year averageRs 2.83
Dividend per share, 5-year averageRs 2.88
Dividends
Dividend payout52.01%
Dividend payout, 3-year average29.67%
Dividend payout, 5-year average27.06%
Efficiency
Asset turnover0.46x
Fixed asset turnover0.59x
Inventory turnover6.07x
Inventory days60 days
Debtor days15 days
Debtors turnover24.69x
Creditor days65 days
Cash conversion cycle83 days
Working capital days-60 days
Leverage
Total debtRs 870 Cr
Cash and bankRs 48 Cr
Net debtRs 821 Cr
Debt to equity0.71x
Net debt / EBITDA4.85x
Interest coverage2.01x
Current ratio (filing 2026-03-31)0.66x
Quick ratio (filing 2026-03-31)0.32x
Trade payables (filing 2026-03-31)Rs 64 Cr
Owners' fund to total sources51.20%
Debt to assets36.26%
Cash flow
Cash from Operating Activity (latest year)Rs 219 Cr
Cash from Investing Activity (latest year)Rs -321 Cr
Cash from Financing Activity (latest year)Rs 134 Cr
Net Cash Flow (latest year)Rs 32 Cr
Free cash flow (latest year)Rs -107 Cr
FCFE (approx.: FCF + change in debt)Rs 109 Cr
Cash from ops / profit, 5 years2.28x
Sales to cash flow4.99x
Statement figures
Net sales (TTM)Rs 1,174 Cr
Net sales (latest year)Rs 1,093 Cr
Sales (latest quarter)Rs 304 Cr
Operating profit excl. other income (latest year)Rs 163 Cr
Operating profit (latest quarter)Rs 40 Cr
Other income (TTM)Rs 8 Cr
EBITDA (TTM)Rs 169 Cr
PBDT (TTM)Rs 119 Cr
Profit before tax (TTM)Rs 51 Cr
Tax (latest year)Rs 15 Cr
Net profit (TTM)Rs 36 Cr
Net profit (latest year)Rs 42 Cr
Net profit (latest quarter)Rs 6 Cr
Depreciation (TTM)Rs 68 Cr
Depreciation (latest quarter)Rs 18 Cr
Interest (TTM)Rs 50 Cr
Cost of goods sold (latest year)Rs 798 Cr
Total expenditure (latest year)Rs 930 Cr
Total income (latest year)Rs 1,099 Cr
Share capitalRs 9 Cr
ReservesRs 1,220 Cr
Shareholders' fundsRs 1,228 Cr
Total assetsRs 2,399 Cr
Net blockRs 1,838 Cr
Capital work in progressRs 263 Cr
InvestmentsRs 1 Cr
ReceivablesRs 44 Cr
InventoryRs 131 Cr
Other liabilitiesRs 301 Cr
Shares outstanding (crore)8.73
Ownership
Promoter holding70.31% (+0.00 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/E 18.5 is at the 87th percentile of its own 8.4-year range (median 8.7, low 3.2, high 97.6).
P/B 0.54 is at the 17th percentile (median 0.80).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
PeriodKUANTUMNifty 50Difference
1 week-4.3%-2.8% -1.5 pts
1 month+7.1%-6.8% +13.9 pts
3 months-0.4%-7.6% +7.2 pts
6 months+16.4%+0.4% +16.0 pts
1 year-33.1%-9.9% -23.1 pts
2 years-45.8%-13.6% -32.3 pts
3 years-56.5%+14.2% -70.7 pts
5 years-3.1%+27.9% -31.0 pts

Red flags

F-score 4 of 8
explainDebt up, profit down Borrowings up 33% while net profit fell in 2026
lookAuditor change Auditor change 2026-08-27: Kuantum Papers Limited has informed the Exchange regarding Change in Auditors of the company.
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 2026
Sales ₹304 Cr +36.3% vs Jun 2025. Net profit ₹6 Cr -48.3%.

Activity

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No bulk or block deals on record.
Ex-dateActionFactor
2026-08-20Dividend - Rs 2.50 Per Share
2025-08-22Dividend - Rs 3 Per Share
2024-08-23Dividend - Rs 3 Per Sh
2024-08-23Annual General Meeting
2023-06-30Annual General Meeting/Dividend - Rs 3 Per Share
2022-07-21Annual General Meeting
2021-09-15 Annual General Meeting
2020-07-30 Annual General Meeting/Dividend - Rs 2.50 Per Share
2020-07-14 Face Value Split (Sub-Division) - From Rs 10/- Per Share To Re 1/- Per Share0.1000
DateTypeWhat it says
2026-09-03UpdatesAllotment of Unlisted NCDs
2026-09-03AllotmentAllotment of 10000 securities pursuant to Non Convertible Securities at its meeting held on September 03, 2026(allotment of Unlisted NCDs)
2026-08-27UpdatesIntimation under Reg. 30.
2026-08-27Change in AuditorsChange in Auditors of the company.
2026-08-27Change in ManagementChange in Management
2026-08-27Shareholder meetingVoting results.
2026-08-27Shareholder meetingProceedings of Annual General Meeting held on August 27, 2026
2026-08-27UpdatesProceedings of 29th Annual General Meeting.
2026-08-27Shareholder meetingProceedings of 29th AGM
2026-08-26UpdatesSuccessful start-up of Paper Machine 3 post-rebuild
2026-08-21UpdatesInvestor Presentation.
2026-08-17Concall / analyst meetTranscript
2026-08-14Concall / analyst meetLink of Recording
2026-08-13Investor PresentationInvestor Presentation
2026-08-12Board meeting outcomeOutcome of Board Meeting held on August 12, 2026.
2026-08-12Board meeting outcomeKuantum Papers Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2026.
2026-08-06Concall / analyst meetSchedule of meet
2026-08-01General UpdatesNewspaper Publication of Notice of Annual General Meeting (AGM) and E‐Voting information
2026-08-01General UpdatesDispatch of letter containing web link of Annual Report and Notice of AGM
2026-07-31Credit Rating- NewCredit Rating- New
2026-07-31Shareholder meetingNotice of Annual General Meeting to be held on August 27, 2026
2026-07-17Credit RatingCredit Rating
2026-07-07Credit RatingCredit Rating
2026-06-29UpdatesIntimation regarding temporary shutdown of paper Machine-3 for upgradation and Modernization.
2026-06-18General UpdatesGeneral Updates-Investor Presentation
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 Kuantum Papers Ltd?

Kuantum Papers Ltd (KUANTUM) has a market capitalisation of Rs 671 Cr. at the 2026-10-01 close.

What is the P/E ratio of Kuantum Papers Ltd?

Kuantum Papers Ltd trades at a P/E of 18.6 on trailing twelve-month profit, at the 2026-10-01 close.

What were Kuantum Papers Ltd's latest quarterly results?

In the Jun 2026 quarter, Kuantum Papers Ltd sales was Rs 304 Cr (+36.3% vs Jun 2025) and net profit was Rs 6 Cr.

What is the 52-week high and low of Kuantum Papers Ltd?

The 52-week high is Rs 113.00 and the 52-week low is Rs 65.01.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03