MarketFriction

Ruchira Papers Ltd

NSE RUCHIRA · BSE 532785 · Paper & Paper Products
₹101.31 -1.88%
NSE close2026-10-01
52 week range95.17 - 151.25
Market cap₹313 Cr.
P/E9.39
Price band 20% Delivery 63.1%

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
Sales169.99158.52160.02164.23165.44167.88161.68168.53166.68131.59182.01174.92
Expenses151.26144.96144.64137.80137.08142.07135.18141.09141.98122.77162.14159.85
Operating Profit18.7313.5615.3826.4328.3625.8126.5027.4424.708.8219.8715.07
OPM %11.02%8.55%9.61%16.09%17.14%15.37%16.39%16.28%14.82%6.70%10.92%8.62%
Other Income0.551.080.990.670.061.582.180.891.321.151.631.59
Interest0.940.920.801.030.871.051.161.530.782.893.293.19
Depreciation4.164.042.554.194.254.324.284.124.174.205.295.25
Profit before tax14.189.6813.0221.8823.3022.0223.2422.6821.072.8812.928.22
Tax %25.39%25.62%25.96%32.40%24.12%25.16%20.87%25.13%26.01%29.51%26.16%25.18%
Net Profit10.597.219.6414.7817.6716.4818.4016.9815.602.049.536.14
EPS in Rs3.552.423.234.955.925.526.175.695.230.683.192.06
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales361416447494481415613803658659649655
Expenses313352373412437390549694576552568587
Operating Profit47647482442564109821078168
OPM %13%15%17%17%9%6%10%14%12%16%12%10%
Other Income114121123456
Interest7888766544810
Depreciation101112131414141515171819
Profit before tax32465862256459166906045
Tax %39%30%35%36%-9%19%26%25%26%26%26%
Net Profit19323840275336849674433
EPS in Rs7.8813.1615.3915.0710.251.8711.9522.6616.4822.5614.7911.16
Dividend Payout %17%16%13%14%0%49%15%22%30%22%17%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth6%9%-7%-1%
Compounded Profit Growth9%55%-13%-52%
Stock Price CAGR4%5%-10%-26%
Return on Equity13%13%12%9%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital222222222424242530303030
Reserves8398130169220240246284351384436465
Borrowings7173618875687666424486183
Other Liabilities707487869269688487646185
Total Liabilities247267300366411401414460509523613764
Fixed Assets148173178228231234235251296310302422
CWIP10333530274330128
Investments000000000000
Other Assets9894119136177162149182209210281213
Total Assets247267300366411401414460509523613764
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity384033472338343562419265
Cash from Investing Activity-5-32-19-59-15-18-38-26-36-26-114-140
Cash from Financing Activity-34-9-1411-8-203-9-26-162375
Net Cash Flow-1-00-000-1-00-01-1
Free Cash Flow32713-13719-58241356-172
CFO/OP116%102%69%80%55%109%136%66%79%71%101%96%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days363538394748574138444451
Inventory Days7164769210286927856828488
Days Payable34242725222027211011511
Cash Conversion Cycle7375881051261141229983114122128
Working Capital Days7828254848484753756047
ROCE %17%21%27%27%24%10%4%14%24%16%19%11%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters68.67%68.67%68.67%68.67%68.67%68.67%68.67%68.67%68.67%68.67%68.67%68.67%
FIIs1.12%0.87%0.85%0.86%1.03%0.97%0.91%1.29%0.96%0.90%0.90%0.86%
DIIs0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.03%
Public30.19%30.45%30.48%30.47%30.30%30.36%30.42%30.04%30.36%30.42%30.42%30.42%
No. of Shareholders28,04627,56428,61330,43029,26529,15528,88628,03929,55629,42828,82128,093

Fundamentals

Market Cap₹ 313 Cr.
Current Price₹ 104
Stock P/E9.39
Book Value₹ 166
ROCE11.1 %
ROE9.18 %
Dividend Yield2.40 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)-1%
Compounded Profit Growth (TTM)-52%
Standalone figures.
Valuation
Market capRs 302 Cr
Enterprise valueRs 485 Cr
P/E (TTM)9.08x
Price to book0.61x
Price to sales0.46x
EV / EBITDA6.54x
EV / EBIT8.78x
EV / sales0.74x
Price to cash flow4.66x
Earnings yield11.02%
Dividend yield2.47%
P/E, 3-year average6.15x
P/B, 3-year average0.71x
P/E, 5-year average6.11x
P/B, 5-year average0.74x
Profitability
Operating margin (excl. other income)12.46%
Operating margin (incl. other income)13.23%
EBITDA margin11.32%
Pre-tax margin6.88%
Net profit margin5.08%
Net margin, latest quarter3.51%
ROE9.18%
ROCE11.06%
ROA6.41%
ROE, 3-year average12.29%
ROCE, 3-year average15.19%
ROA, 3-year average9.27%
ROE, 5-year average13.57%
ROCE, 5-year average16.71%
ROA, 5-year average9.87%
ROIC (approx.)6.04%
Tax rate25.86%
Other income / net worth1.01%
Growth
Sales growth (latest year)-1.58%
Profit growth (latest year)-34.44%
Sales CAGR, 3 years-6.85%
Sales CAGR, 5 years9.33%
Profit CAGR, 3 years-13.26%
Profit CAGR, 5 years54.65%
Sales growth QoQ-3.90%
Profit growth QoQ-35.57%
Sales growth YoY (latest quarter)3.79%
Profit growth YoY (latest quarter)-63.84%
Per share
EPS (TTM)Rs 11.16
EPS (latest year)Rs 14.79
EPS (latest quarter)Rs 2.06
EPS, 3-year averageRs 17.94
EPS, 5-year averageRs 17.92
Book value per shareRs 165.87
Sales per shareRs 219.53
Cash flow per shareRs 21.75
Free cash flow per shareRs -57.63
Dividend per share (latest year)Rs 2.50
Dividend per share, 3-year averageRs 4.17
Dividend per share, 5-year averageRs 3.90
Dividends
Dividend payout16.90%
Dividend payout, 3-year average23.13%
Dividend payout, 5-year average21.34%
Efficiency
Asset turnover0.85x
Fixed asset turnover1.54x
Inventory turnover4.74x
Inventory days77 days
Debtor days51 days
Debtors turnover7.18x
Creditor days11 days
Cash conversion cycle128 days
Working capital days47 days
Leverage
Total debtRs 183 Cr
Cash and bankRs 1 Cr
Net debtRs 183 Cr
Debt to equity0.37x
Net debt / EBITDA2.47x
Interest coverage5.44x
Owners' fund to total sources64.82%
Debt to assets24.01%
Cash flow
Cash from Operating Activity (latest year)Rs 65 Cr
Cash from Investing Activity (latest year)Rs -140 Cr
Cash from Financing Activity (latest year)Rs 75 Cr
Net Cash Flow (latest year)Rs -1 Cr
Free cash flow (latest year)Rs -172 Cr
FCFE (approx.: FCF + change in debt)Rs -74 Cr
Cash from ops / profit, 5 years1.13x
Sales to cash flow9.99x
Statement figures
Net sales (TTM)Rs 655 Cr
Net sales (latest year)Rs 649 Cr
Sales (latest quarter)Rs 175 Cr
Operating profit excl. other income (latest year)Rs 81 Cr
Operating profit (latest quarter)Rs 15 Cr
Other income (TTM)Rs 6 Cr
EBITDA (TTM)Rs 74 Cr
PBDT (TTM)Rs 64 Cr
Profit before tax (TTM)Rs 45 Cr
Tax (latest year)Rs 15 Cr
Net profit (TTM)Rs 33 Cr
Net profit (latest year)Rs 44 Cr
Net profit (latest quarter)Rs 6 Cr
Depreciation (TTM)Rs 19 Cr
Depreciation (latest quarter)Rs 5 Cr
Interest (TTM)Rs 10 Cr
Cost of goods sold (latest year)Rs 495 Cr
Total expenditure (latest year)Rs 568 Cr
Total income (latest year)Rs 654 Cr
Share capitalRs 30 Cr
ReservesRs 465 Cr
Shareholders' fundsRs 495 Cr
Total assetsRs 764 Cr
Net blockRs 422 Cr
Capital work in progressRs 128 Cr
ReceivablesRs 90 Cr
InventoryRs 105 Cr
Other liabilitiesRs 85 Cr
Shares outstanding (crore)2.98
Ownership
Promoter holding68.67% (+0.00 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/E 9.1 is at the 64th percentile of its own 9.4-year range (median 7.4, low 2.3, high 63.4).
P/B 0.61 is at the 7th percentile (median 0.93).
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.
PeriodRUCHIRANifty 50Difference
1 week-3.1%-2.8% -0.3 pts
1 month-1.6%-6.8% +5.2 pts
3 months-8.1%-7.6% -0.5 pts
6 months+5.5%+0.4% +5.1 pts
1 year-30.8%-9.9% -20.9 pts
2 years-24.0%-13.6% -10.5 pts
3 years-29.3%+14.2% -43.5 pts
5 years+27.7%+27.9% -0.2 pts

Red flags

F-score 4 of 8
explainDebt up, profit down Borrowings up 114% while net profit fell in 2026
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 ₹175 Cr +3.8% vs Jun 2025. Net profit ₹6 Cr -63.8%.

Activity

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No bulk or block deals on record.
Ex-dateActionFactor
2026-09-22Dividend - Rs 2.50 Per Share
2025-09-22Dividend - Rs 5 Per Share
2024-09-17Annual General Meeting/Dividend - Rs 5 Per Share
2023-09-22Annual General Meeting/Dividend - Rs 5 Per Share
2022-10-10Bonus 1:100.9091
2022-09-08Dividend - Rs 2 Per Share
2021-09-20 Annual General Meeting/Dividend - Re 1 Per Share
2020-09-17 Annual General Meeting
2019-09-17 Annual General Meeting/Dividend - Rs 2.25 Per Share
2018-09-19 Annual General Meeting/Dividend Rs 2.25 Per Share
2017-09-13 Annual General Meeting/Dividend - Rs 2.25 Per Share
2016-09-22 Annual General Meeting/ Dividend - Rs 1.50/- Per Share
2015-09-16 Annual General Meeting/ Dividend - Rs 1.30 Per Share
2014-09-10Annual General Meeting / Final Dividend - Rs 1.20/- Per Share
2013-09-03Annual General Meeting
2013-03-26Interim Dividend Re.1 Per Share (Purpose Revised)
2012-09-17Annual General Meeting
2011-09-20Annual General Meeting
2010-09-08Annual General Meeting
2009-09-09Annual General Meeting
2008-08-27Annual General Meeting
2007-08-23Agm
DateTypeWhat it says
2026-09-30AppointmentAppointment of Mr Vipin Gupta as Executive Director of the company w.e.f. November 01, 2026.
2026-09-30General UpdatesGeneral Updates
2026-09-30Shareholder meetingVoting results.
2026-09-29Shareholder meetingProceedings of 46th Annual General Meeting held on September 29, 2026
2026-09-05Shareholder meetingNotice of 46TH Annual General Meeting to be held on September 29, 2026
2026-08-27General UpdatesDisclosure Pursuant To Regulation 29(2) Of SEBI (Substantial Acquisition Of Shares And Takeovers) Regulation, 2011
2026-08-12General UpdatesUpdates pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015
2026-08-12Change in ManagementIntimation pursuant to Regulation 30 of SEBI (LODR) Regulations 2015
2026-08-12Shareholder meetingThe Annual General Meeting of the company to be held on September 29, 2026
2026-08-12Record DateRecord date for the purpose of Dividend is 22-Sep-2026.
2026-08-12DividendBoard of Directors at its meeting held on August 12, 2026 informed about the dividend updates.
2026-08-12Board meeting outcomeRuchira Papers Limited has submitted to the Exchange, the Un-Audited financial results for the period ended Jun 30, 2026.
2026-07-31Credit RatingCredit Rating
2026-07-08Credit RatingCredit Rating
2026-06-02UpdatesDisclosure Pursuant To Regulation 29(2) Of SEBI (Substantial Acquisition Of Shares And Takeovers) Regulation, 2011 Received From Smt. Shashi Garg, Pro...
2026-06-01General UpdatesGeneral Updates
2026-06-01Shareholder meetingShareholders meeting
2026-05-30UpdatesAnnual Secretarial Compliance Report pursuant to Reg. 24(A) of SEBI LODR, 2015 for the year ended 31.03.2026.
2026-05-28UpdatesBoard of Directors at its meeting held today on May 28, 2026, recommended Final Dividend of 2.50 per equity share and declaration of audited financial...
2026-05-28Change in ManagementChange in Management
2026-05-28General UpdatesBoard of Directors at its meeting held today on May 28, 2026, recommended Final Dividend of 2.50 per equity share and declaration of audited financial...
2026-05-28DividendBoard of Directors at its meeting held on May 28, 2026, recommended Final Dividend of Rs. 2.50 per equity share and declaration of audited financial ...
2026-05-28Board meeting outcomeRuchira Papers Limited has submitted to the Exchange, the audited financial results for the period ended March 31, 2026 along with recommendation of f...
2026-04-28Shareholder meetingNotice of Postal Ballot
2026-04-22Disclosure under SEBI TakeovJatinder Singh has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Ac...
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 Ruchira Papers Ltd?

Ruchira Papers Ltd (RUCHIRA) has a market capitalisation of Rs 313 Cr. at the 2026-10-01 close.

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

Ruchira Papers Ltd trades at a P/E of 9.39 on trailing twelve-month profit, at the 2026-10-01 close.

What were Ruchira Papers Ltd's latest quarterly results?

In the Jun 2026 quarter, Ruchira Papers Ltd sales was Rs 175 Cr (+3.8% vs Jun 2025) and net profit was Rs 6 Cr.

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

The 52-week high is Rs 151.25 and the 52-week low is Rs 95.17.

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