MarketFriction

Orient Paper & Industries Ltd

NSE ORIENTPPR · BSE 502420 · Paper & Paper Products
₹16.23 -1.34%
NSE close2026-10-01
52 week range13.25 - 27.59
Market cap₹343 Cr.
Price band 20% Delivery 69.1%

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
Sales142.94203.37242.37238.29208.13230.10219.27238.34199.75236.39231.47227.61
Expenses154.43185.95241.60230.07225.54231.33229.70236.94232.10247.45227.67219.61
Operating Profit-11.4917.420.778.22-17.41-1.23-10.431.40-32.35-11.063.808.00
OPM %-8.04%8.57%0.32%3.45%-8.36%-0.53%-4.76%0.59%-16.20%-4.68%1.64%3.51%
Other Income5.743.695.242.156.064.493.082.799.691.823.162.40
Interest7.438.817.667.878.178.358.098.115.665.984.796.59
Depreciation10.0511.2112.2912.4612.8112.7513.3413.9314.0914.1515.9614.67
Profit before tax-23.231.09-13.94-9.96-32.33-17.84-28.78-17.85-42.41-29.37-13.79-10.86
Tax %-29.75%395.41%-53.95%-35.64%-39.16%-41.09%-37.18%-290.42%-27.85%-27.65%-20.59%-24.13%
Net Profit-16.32-3.22-6.42-6.42-19.66-10.51-18.0733.99-30.60-21.26-10.94-8.25
EPS in Rs-0.77-0.15-0.30-0.30-0.93-0.50-0.851.60-1.44-1.00-0.52-0.39
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales1,819511661710607443586943832896906895
Expenses1,719510549572559477602781771911944927
Operating Profit99111213848-33-1716261-15-38-32
OPM %5%0.2%17%19%8%-8%-2.9%17%7%-1.6%-4.2%-3.5%
Other Income17771134121092925101717
Interest512115105751029322523
Depreciation442528323332313344515859
Profit before tax21338013021-63-4414814-89-103-96
Tax %2%-16%38%22%5%-26%-34%33%55%-39%-72%
Net Profit21384910220-47-29996-55-29-71
EPS in Rs0.991.792.324.790.94-2.19-1.364.680.29-2.58-1.36-3.35
Dividend Payout %24%56%43%23%53%-11%-18%21%85%-0%-0%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth-7%15%-1%0%
Compounded Profit Growth%7%%-399%
Stock Price CAGR-5%-12%-32%-39%
Return on Equity1%0%-2%-2%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital202021212121212121212121
Reserves3793941,1891,2961,3641,2411,4471,5321,4941,5981,5141,447
Borrowings38044318690283688210274321400292
Other Liabilities444442407401392396404410415486473419
Total Liabilities1,2231,2991,8031,8091,8051,6951,9602,1732,2042,4262,4082,179
Fixed Assets5154931,2801,3541,3311,3231,3111,2891,4961,5971,6171,594
CWIP319861118535418171776589
Investments919238297289148436538390497448210
Other Assets697769199148168171159164248254278287
Total Assets1,2231,2991,8031,8091,8051,6951,9602,1732,2042,4262,4082,179
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity3676361269968-20-2462101-12-27
Cash from Investing Activity-30-45-78151-47-7-87-98-98-28164
Cash from Financing Activity-41-7-146-100-213510435-439-138
Net Cash Flow231-49-5-108-8-1-1-1-0
Free Cash Flow025-461007418-39-151-46-38-77-78
CFO/OP116%81%4,561%127%95%159%74%146%50%185%79%73%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days79771720151619147677
Inventory Days8477179117138146185100167166142140
Days Payable1129419013315318623813695132119115
Cash Conversion Cycle5260740-24-33-2180393032
Working Capital Days-9-4-85-38-4-25-52-99-26-93-106-66
ROCE %0%9%2%7%8%2%-4%-2%8%2%-3%-4%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters38.73%38.73%38.73%38.73%38.73%38.73%38.73%38.73%38.73%38.73%38.73%38.73%
FIIs1.83%0.98%1.00%1.04%1.06%1.01%0.89%0.59%0.53%0.51%0.22%0.18%
DIIs7.77%3.18%3.14%2.90%2.90%1.69%0.25%0.28%0.29%0.28%0.37%0.28%
Public51.66%57.11%57.11%57.33%57.31%58.57%60.12%60.39%60.43%60.47%60.67%60.81%
No. of Shareholders94,0351,01,91099,1451,08,6271,05,7381,06,6351,05,6351,06,3461,04,2261,01,34998,62496,940

Fundamentals

Market Cap₹ 343 Cr.
Current Price₹ 16.4
Book Value₹ 69.2
ROCE-4.24 %
ROE-1.88 %
Dividend Yield0.00 %
Face Value₹ 1.00
Compounded Sales Growth (TTM)0%
Compounded Profit Growth (TTM)-399%
Standalone figures.
Valuation
Market capRs 344 Cr
Enterprise valueRs 635 Cr
Price to book0.23x
Price to sales0.38x
EV / sales0.71x
Earnings yield-20.63%
P/E, 3-year average140.16x
P/B, 3-year average0.35x
P/E, 5-year average74.08x
P/B, 5-year average0.41x
Profitability
Operating margin (excl. other income)-4.16%
Operating margin (incl. other income)-2.29%
EBITDA margin-1.62%
Pre-tax margin-10.77%
Net profit margin-7.94%
Net margin, latest quarter-3.62%
ROE-1.92%
ROCE-4.27%
ROA-1.26%
ROE, 3-year average-1.66%
ROCE, 3-year average-1.63%
ROA, 3-year average-1.08%
ROE, 5-year average-0.09%
ROCE, 5-year average0.33%
ROA, 5-year average-0.02%
ROIC (approx.)-1.16%
Tax rate72.15%
Other income / net worth1.15%
Growth
Sales growth (latest year)1.13%
Sales CAGR, 3 years-1.33%
Sales CAGR, 5 years15.36%
Sales growth QoQ-1.67%
Sales growth YoY (latest quarter)-4.50%
Profit growth YoY (latest quarter)-124.27%
Per share
EPS (TTM)Rs -3.35
EPS (latest year)Rs -1.36
EPS (latest quarter)Rs -0.39
EPS, 3-year averageRs -1.21
EPS, 5-year averageRs -0.06
Book value per shareRs 69.19
Sales per shareRs 42.19
Cash flow per shareRs -1.26
Free cash flow per shareRs -3.68
Dividend per share, 3-year averageRs 0.25
Dividend per share, 5-year averageRs 0.50
Dividends
Dividend payout, 3-year average85.07%
Dividend payout, 5-year average53.23%
Efficiency
Asset turnover0.42x
Fixed asset turnover0.57x
Inventory turnover4.56x
Inventory days80 days
Debtor days7 days
Debtors turnover53.10x
Creditor days115 days
Cash conversion cycle32 days
Working capital days-66 days
Leverage
Total debtRs 292 Cr
Cash and bankRs 1 Cr
Net debtRs 291 Cr
Debt to equity0.20x
Interest coverage-3.19x
Owners' fund to total sources67.36%
Debt to assets13.40%
Cash flow
Cash from Operating Activity (latest year)Rs -27 Cr
Cash from Investing Activity (latest year)Rs 164 Cr
Cash from Financing Activity (latest year)Rs -138 Cr
Net Cash Flow (latest year)Rs -0 Cr
Free cash flow (latest year)Rs -78 Cr
FCFE (approx.: FCF + change in debt)Rs -186 Cr
Statement figures
Net sales (TTM)Rs 895 Cr
Net sales (latest year)Rs 906 Cr
Sales (latest quarter)Rs 228 Cr
Operating profit excl. other income (latest year)Rs -38 Cr
Operating profit (latest quarter)Rs 8 Cr
Other income (TTM)Rs 17 Cr
EBITDA (TTM)Rs -15 Cr
PBDT (TTM)Rs -38 Cr
Profit before tax (TTM)Rs -96 Cr
Tax (latest year)Rs -75 Cr
Net profit (TTM)Rs -71 Cr
Net profit (latest year)Rs -29 Cr
Net profit (latest quarter)Rs -8 Cr
Depreciation (TTM)Rs 59 Cr
Depreciation (latest quarter)Rs 15 Cr
Interest (TTM)Rs 23 Cr
Cost of goods sold (latest year)Rs 724 Cr
Total expenditure (latest year)Rs 944 Cr
Total income (latest year)Rs 923 Cr
Share capitalRs 21 Cr
ReservesRs 1,447 Cr
Shareholders' fundsRs 1,468 Cr
Total assetsRs 2,179 Cr
Net blockRs 1,594 Cr
Capital work in progressRs 89 Cr
InvestmentsRs 210 Cr
ReceivablesRs 17 Cr
InventoryRs 159 Cr
Other liabilitiesRs 419 Cr
Shares outstanding (crore)21.22
Ownership
Promoter holding38.73% (+0.00 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/B 0.23 is at the 2th percentile (median 0.46).
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.
PeriodORIENTPPRNifty 50Difference
1 week-3.4%-2.8% -0.6 pts
1 month-3.3%-6.8% +3.5 pts
3 months-4.9%-7.6% +2.7 pts
6 months+16.1%+0.4% +15.7 pts
1 year-41.0%-9.9% -31.1 pts
2 years-66.5%-13.6% -53.0 pts
3 years-69.0%+14.2% -83.2 pts
5 years-47.3%+27.9% -75.2 pts

Red flags

F-score 5 of 8
lookRepeated losses Net loss in each of the last two years
lookAuditor change Auditor change 2026-05-09: Orient Paper & Industries 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 ₹228 Cr -4.5% vs Jun 2025. Net loss ₹8 Cr.

Activity

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No bulk or block deals on record.
Ex-dateActionFactor
2024-07-26Annual General Meeting/Dividend - Rs 0.25 Per Share
2023-08-01Annual General Meeting/Dividend - Re 1 Per Share
2022-08-02Annual General Meeting/Dividend - Rs 0.25 Per Share
2021-08-18 Annual General Meeting/Dividend - Rs 0.25 Per Share
2020-08-19 Annual General Meeting/Dividend - Rs 0.50 Per Share
2019-07-10 Dividend - Rs 0.60 Per Share
2019-01-31 Interim Dividend - Re 0.50 Per Share
2018-07-05 Dividend- Re 0.60 Per Share
2018-02-12 Interim Dividend Re 0.40 Per Share
2018-01-11 Scheme Of Arrangement
2017-08-03 Dividend - Re 0.50 Per Share
2017-04-26 Interim Dividend Re 0.50 Per Share
2016-11-18 Rights 1:28 @ Prem Rs 67/- Per Share
2016-08-11 Dividend - Re 0.25/- Per Share
2015-08-12Dividend - Re 0.10/- Per Share
2014-07-31Dividend @ Re.0.10/- Per Share
2013-08-01Dividend-Re.0.10 Per Share
2013-03-07Scheme Of Arrangement
2013-03-07Inferred from price: close fell to 0.196x overnight, no NSE action on record0.2000
2012-07-26Dividend - Rs.1/- Per Share
2012-02-09Interim Dividend Re.1/- Per Share
2011-07-28Dividend-Rs.1.50 Per Share
2010-07-29Dividend-Rs.1.50 Per Share
2009-08-24Dividend-Rs.1.50 Pr Share
2008-07-03Dividend - 70%
2008-02-01Fv Split Rs.10/- To Re.1/0.1000
2007-11-07Int Div-Rs.5.00 Per Sh
2007-07-19Annual Book Closure
2007-06-08Div-60% / Rights-Eq 3:10 Purpose Revised
2007-02-14Int Div-Rs.4/- Per Sh
2006-06-01Agm
DateTypeWhat it says
2026-09-10Shareholder meetingNotice of Postal Ballot
2026-09-10Shareholder meetingNotice of Postal Ballot
2026-08-07General UpdatesGeneral Updates
2026-08-07CessationCessation of Mrs Gauri Rasgotra as Non- Executive Independent Director of the company w.e.f. August 21, 2026.
2026-08-07AppointmentAppointment of Mrs Anuradha Mookerjee as Non- Executive Independent Director of the company w.e.f. August 08, 2026.
2026-08-07Board meeting outcomeOrient Paper & Industries Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2026.
2026-07-31Shareholder meetingOrient Paper & Industries Limited has submitted the Exchange a copy Srutinizers report of Annual General Meeting held on July 31, 2026
2026-07-31Shareholder meetingShareholders meeting
2026-07-08General UpdatesGeneral Updates
2026-07-07Record DateRecord date for the purpose of MT is 25-Jul-2026.
2026-07-07Shareholder meetingNotice of Annual General Meeting to be held on July 31, 2026
2026-06-29ResignationResignation of Director/KMP/SMP
2026-06-29AppointmentAppointment of Mr Yogendra K Varshney as Other of the company w.e.f. Jun 29, 2026.
2026-06-29ResignationResignation of Mr C S Kashikar as Other of the company w.e.f. Jun 29, 2026.
2026-06-12Disclosure under SEBI TakeovCentral India Industries Limited has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of Ind...
2026-05-29General UpdatesGeneral Updates
2026-05-19General UpdatesGeneral Updates
2026-05-09Change in AuditorsChange in Auditors of the company.
2026-05-09Board meeting outcomeOrient Paper & Industries Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.
2026-04-16Disclosure under SEBI TakeovCentral India Industries Ltd has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (...
2026-03-27General UpdatesGeneral Updates
2026-02-11Board meeting outcomeBoard meeting held on February 11, 2026.
2026-02-04General UpdatesGeneral Updates
2025-12-01CessationCessation of Mr Rajnish Sinha as Other of the company w.e.f. November 30, 2025.
2025-11-14General UpdatesGeneral Updates
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.
EPS in the scrip is zero (4 trailing quarters)

Quick answers

What is the market cap of Orient Paper & Industries Ltd?

Orient Paper & Industries Ltd (ORIENTPPR) has a market capitalisation of Rs 343 Cr. at the 2026-10-01 close.

What were Orient Paper & Industries Ltd's latest quarterly results?

In the Jun 2026 quarter, Orient Paper & Industries Ltd sales was Rs 228 Cr (-4.5% vs Jun 2025) with a net loss of Rs 8 Cr.

What is the 52-week high and low of Orient Paper & Industries Ltd?

The 52-week high is Rs 27.59 and the 52-week low is Rs 13.25.

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