Emami Paper Mills Ltd.

BSE: EMAMIPAP533208ISIN INE830C01026

Commodities
Paper & Paper Products

Share price

₹117.50+2.55 (+2.22%)

as of 4 Nov 2026

Prices adjusted for splits and bonuses; cash dividends excluded. Volume shows actual shares traded.

52W high: ₹133.58
52W low: ₹55.95
Off 52W high: -12.04%
1M return: +0.82%
3M return: +5.15%
6M return: +43.50%
1Y return: +20.08%
20D avg volume: 6,034
50 DMA: ₹115.81
200 DMA: ₹93.26

Key ratios Standalone

Market cap: ₹710.86 Cr
Current price: ₹117.50
52W high / low: ₹133.58 / ₹55.95
Face value: ₹2.00
P/E: 5.40
P/B: 0.88
EPS (TTM): ₹21.74
Book value / share: ₹133.52
ROE: 16.28%
ROCE: 13.90%
Operating margin: 15.98%
Net margin: 7.53%
Debt / equity: 1.42
Net debt: ₹817.01 Cr
Interest cover: 2.38
Dividend yield: 2.72%
Dividend / share (TTM): ₹3.20
Payout: 14.72%
Cash conversion cycle: 89.0 days

Financials

Metric	Q2 FY27	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24
Income statement
	589.78	560.16	496.41	500.45	450.61	459.76	474.95	454.31	495.09	503.69	484.47	493.50
	1.27	0.21	13.78	0.80	4.91	1.60	1.75	1.49	0.57	0.65	1.81	0.84
	591.05	560.37	510.19	501.25	455.52	461.36	476.70	455.80	495.66	504.34	486.28	494.34
	530.04	507.11	463.97	472.28	445.45	452.01	472.69	454.01	485.53	486.88	450.88	441.54
	379.64	352.84	321.59	320.51	295.43	312.30	321.39	338.12	349.01	334.35	333.66	333.45
	0.00	0.00	-0.01	0.00	0.19	0.00	0.75	0.87	—	—	—	—
	24.53	23.94	21.64	24.44	23.35	23.10	22.60	21.93	21.41	23.38	22.25	18.57
	19.70	16.96	15.78	17.72	17.33	17.05	15.80	15.72	14.79	14.63	15.50	15.78
	13.53	12.93	13.94	14.10	13.77	12.88	13.05	13.17	12.91	12.56	20.93	13.24
	91.18	93.79	90.20	87.67	86.26	84.17	92.20	55.92	55.59	50.42	50.40	32.74
	61.01	53.26	46.22	28.97	10.07	9.35	4.01	1.79	10.13	17.46	35.40	52.80
	0.00	0.00	1.27	-2.52	0.00	0.00	0.00	—	—	—	—	—
	61.01	53.26	47.49	26.45	10.07	9.35	4.01	1.79	10.13	17.46	35.40	52.80
	16.58	14.65	15.99	9.46	3.49	3.04	0.09	0.09	2.54	4.66	8.21	13.43
	44.43	38.61	31.50	16.99	6.58	6.31	3.92	1.70	7.59	12.80	27.19	39.37
	7.18	6.21	5.01	2.47	1.02	0.84	0.45	0.08	1.05	1.91	4.29	6.30
Key metrics
	94.24	83.15	77.21	58.27	41.17	39.28	32.86	30.68	37.83	44.65	71.83	81.82
	16.00%	14.80%	15.60%	11.60%	9.10%	8.50%	6.90%	6.80%	7.60%	8.90%	14.80%	16.60%
	7.50%	6.90%	6.30%	3.40%	1.50%	1.40%	0.80%	0.40%	1.50%	2.50%	5.60%	8.00%
	6.90%	—	5.50%	—	2.50%	—	1.70%	—	—	—	—	—
	30.90%	21.80%	4.50%	10.20%	-9.00%	-8.70%	-2.00%	-7.90%	—	—	—	—
	575.20%	511.90%	703.60%	899.40%	-13.30%	-50.70%	-85.60%	-95.70%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22
Income statement
	2,147	1,907	1,928	1,994	2,308	1,958
	16.06	21.09	4.46	3.32	2.46	1.70
	2,163	1,928	1,932	1,997	2,311	1,959
	1,973	1,834	1,899	1,885	2,217	1,800
	1,375	1,250	1,343	1,361	1,696	1,266
	-0.01	0.18	1.62	—	—	—
	94.55	92.53	89.32	83.01	80.51	78.95
	70.16	67.88	61.19	67.24	63.43	82.41
	54.50	54.69	51.69	60.27	67.59	73.88
	362.84	348.30	356.08	207.07	146.72	174.57
	189.46	94.61	33.39	112.15	93.10	159.33
	-1.25	-1.25	0.00	—	—	-5.94
	188.21	93.36	33.39	112.15	93.10	153.39
	56.68	31.98	7.38	27.85	23.93	38.59
	131.53	61.38	26.01	84.30	69.17	114.80
	20.87	9.34	3.49	13.12	10.62	18.17
Key metrics
	312.87	215.93	146.27	239.66	224.12	309.68
	14.57%	11.30%	7.60%	12.00%	9.70%	15.80%
	6.13%	3.20%	1.30%	4.20%	3.00%	5.90%
	—	13.90%	8.10%	—	—	—
	16.70%	-1.10%	-3.30%	-13.60%	17.90%	—
	610.59%	136.00%	-69.10%	21.90%	-39.70%	—
	—	167.60	23.28	—	—	—
	—	3.21	1.68	—	—	—
	—	1.42	1.14	—	—	—
	—	817.01	769.39	—	—	—
	—	89.0	90.4	—	—	—
Balance sheet
	—	1,822	1,817	—	—	—
	—	733.30	679.75	—	—	—
	—	0.14	0.10	—	—	—
	—	273.60	253.32	—	—	—
	—	387.79	368.90	—	—	—
	—	53.22	45.46	—	—	—
	—	1,028	1,057	—	—	—
	—	196.35	144.52	—	—	—
	—	663.29	650.64	—	—	—
	—	817.15	769.49	—	—	—
	—	413.91	455.09	—	—	—
	—	403.24	314.40	—	—	—
	—	575.31	677.72	—	—	—
Cash flow
	—	197.23	43.78	—	—	—
	—	-25.52	-16.95	—	—	—
	—	-171.67	-31.81	—	—	—
	—	29.63	20.50	—	—	—

Compounded growth

Sales CAGR 3Y: -6.16%
Sales CAGR 5Y: —
Profit CAGR 3Y: -3.90%
Profit CAGR 5Y: —
Sales YoY (TTM): +16.70%
Profit YoY (TTM): +610.59%

Compounded from reported annual figures. We publish no share-price CAGR: our prices are as-traded, so one would be wrong across every split and bonus issue.

Shareholding as of 30 Sep 2026

Promoter holding: 74.95%

Quarter	September 2026	June 2026
Promoter %	74.95%	74.95%

Holder	Type	Holding	Previous	Change
DIWAKAR FINVEST PRIVATE LIMITED	Promoter Group	27.05%	27.05%	0.00%
SURAJ FINVEST PRIVATE LIMITED	Promoter Group	23.99%	23.99%	0.00%
EMAMI LIMITED	Promoter Group	13.13%	13.13%	0.00%
BPC TRADECOM PRIVATE LIMITED	Public	4.58%	4.58%	0.00%
PRITI A SUREKA	Promoter Group	3.75%	3.75%	0.00%
ANAND RATHI GLOBAL FINANCE LIMITED	Public	2.83%	2.83%	0.00%
KAMNA CREDITS AND PROMOTERS PVT LTD	Public	1.43%	1.43%	0.00%
RAJKUMAR GOENKA	Promoter Group	1.36%	1.36%	0.00%
EAST INDIA SECURITIES LTD	Public	1.22%	1.22%	0.00%
RADHESHYAM GOENKA	Promoter	1.16%	1.16%	0.00%
MANISH GOENKA	Promoter Group	0.69%	0.69%	0.00%
MOHAN GOENKA	Promoter Group	0.69%	0.69%	0.00%
JAYANT GOENKA	Promoter Group	0.35%	0.35%	0.00%
SACHIN GOENKA	Promoter Group	0.35%	0.35%	0.00%
SUSHIL KUMAR GOENKA	Promoter Group	0.34%	0.34%	0.00%

Public shareholders are disclosed individually only above 1%.

Peer comparison

Company	Mkt cap (₹ Cr)	Price (₹)	P/E	ROCE	Sales YoY	Profit YoY	1Y return
JK Paper Ltd.	6,688	368.85	18.76	7.10%	+12.02% TTM	+16.59% TTM	-4.54%
West Coast Paper Mills Limited	5,479	829.60	23.09	5.90%	+8.20% TTM	-13.51% TTM	+84.11%
Seshasayee Paper & Boards Ltd.	1,361	215.85	11.45	4.50%	+18.52% TTM	+45.83% TTM	-16.32%
ANDHRA PAPER LIMITED S	1,271	63.90	47.22	2.00%	+14.01% TTM	+153.82% TTM	-18.07%
N.R.Agarwal Industries Ltd. S	1,152	676.65	12.18	8.00%	+33.54% TTM	+350.45% TTM	+43.48%
Tamil Nadu Newsprint And Papers Ltd S	968	139.85	3.71	6.80%	+2.88% TTM	+1,119.58% TTM	-8.53%
Pudumjee Paper Products Limited S	832	87.63	8.59	16.60%	+5.99% TTM	+5.76% TTM	-25.83%
Emami Paper Mills Ltd. S	711	117.50	5.40	13.90%	+16.70% TTM	+610.59% TTM	+20.08%
SATIA INDUSTRIES LIMITED S	660	65.99	-84.60	4.00%	-2.75% TTM	-107.88% TTM	-13.26%
Kuantum Papers Limited S	567	65.00	17.43	5.10%	+11.75% TTM	-49.81% TTM	-37.05%
Shree Rama Newsprint Limited S	395	26.75	-5.74	0.90%	-20.68% TTM	+35.34% TTM	-5.54%
PAKKA LIMITED S	336	70.48	15.19	3.90%	+23.23% TTM	-27.40% TTM	-49.85%
Orient Paper & Industries Ltd. S	322	15.17	-4.53	-4.40%	-0.07% TTM	-398.60% TTM	-40.16%
Ruchira Papers Ltd S	303	101.61	9.21	10.60%	-1.26% TTM	-52.67% TTM	-23.17%
Shree Ajit Pulp And Paper Ltd	292	330.00	7.07	14.70%	+28.47% TTM	+179.60% TTM	+24.98%
GENUS PAPER & BOARDS LIMITED S	268	10.42	16.28	6.60%	-1.31% TTM	+24.12% TTM	-35.68%
Star Paper Mills Ltd. S	223	143.00	7.21	4.50%	-2.69% TTM	-22.70% TTM	-12.94%
South India Paper Mills Ltd. S	218	116.45	13.39	10.60%	+13.49% TTM	+1,006.11% TTM	+45.09%
Shreyans Industries Limited. S	173	125.15	-12.33	2.40%	-0.87% TTM	-126.05% TTM	-43.11%
MAGNUM VENTURES LIMITED S	125	18.20	-82.73	2.10%	+12.14% TTM	-134.10% TTM	-26.32%
Shree Krishna Paper Mills & Industr S	98	85.00	4.61	37.80%	+23.59% TTM	+1,008.44% TTM	-1.81%
Ganga Papers India Ltd S	97	90.30	54.40	13.90%	+19.49% TTM	+16.88% TTM	+3.14%
S.V.J.ENTERPRISES LIMITED S	97	174.50	133.21	7.20%	—	—	-49.69%
NATH INDUSTRIES LIMITED S	93	49.11	13.87	5.80%	+17.55% TTM	-48.82% TTM	-33.28%
Malu Paper Mills Limited S	53	31.00	-13.14	60.60%	+38.29% TTM	+77.95% TTM	-19.81%

Filings & corporate actions

Recent announcements

Submission of the newspaper publication of the un-audited financial results for the quarter and half year ended 30th September, 2026.31 Oct 2026 · Company Update / Newspaper Publication
Re-appointment of Internal Auditors of the Company.30 Oct 2026 · Company Update / General
Re-appointment of Independent Directors.30 Oct 2026 · Company Update / Change in Directorate
Un-audited Financial Results for the quarter and half year ended 30th September, 2026.30 Oct 2026 · Result / Financial Results
Outcome of the Board Meeting along with the Un-audited Financial Results for the quarter and half year ended 30th September, 2026.30 Oct 2026 · Board Meeting / Outcome of Board Meeting
Emami Paper Mills Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 30/10/2026 ,inter alia, to consider and approve the unaudited financial results ....22 Oct 2026 · Board Meeting / Board Meeting
Certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 20187 Oct 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
We hereby submit the intimation of the closure of the Trading Window w.e.f 1st October,2026 till the end of the 48 hours after the declaration of the Un-Audited Financial Results for the ....28 Sep 2026 · Insider Trading / SAST / Closure of Trading Window
Please find the intimation for the redemption of OCRPS.16 Sep 2026 · Company Update / General
We hereby submit the proceedings of the 44th AGM of Emami Paper Mills Limited held today i.e. 4th September,2026 at 11:30 a.m. through Video Conferencing (VC)/ Other Audio Visual Means (OAVM).4 Sep 2026 · AGM/EGM / AGM
Pursuant to Regulation 36(1)(b) of SEBI Listing Regulations, 2015 we hereby submit the copy of the letter send to those shareholders whose email ids are not registered with the Company/Depositories/RTA ....11 Aug 2026 · AGM/EGM / AGM
We hereby submit the newspaper clippings for Public Notice for Post Dispatch of AGM Notice and Annual Report for FY 2025-2611 Aug 2026 · Company Update / Newspaper Publication
We hereby submit the copy of the Annual Report for the FY 2025-26.10 Aug 2026 · Others / Reg. 34 (1) Annual Report
We hereby submit the Notice of the 44th Annual General Meeting of the Company scheduled to be held on Friday,4th September,2026 at 11:30 am(IST) through VC/OAVM.10 Aug 2026 · AGM/EGM / AGM
Please find the BRSR Report for FY 2025-26.4 Aug 2026 · Others / Business Responsibility and Sustainability Reporting (BRSR)
Please find enclosed the Annual Report of the Company for the FY 2025-26. The disptach of the Annual Report along with the Notice of the 44th AGM to the shareholders of the Company is scheduled ....4 Aug 2026 · Company Update / General
We hreby submit the details in relation to the Record Date for the 44th Annual General Meeting of the Company.4 Aug 2026 · Corp. Action / Record Date
Intimation of Record Date for the 44th Annual General Meeting and payment of dividend for FY 2025-26 pursuant to Regulation 42 of SEBI (LODR) Regulations, 2015 and submission of Newspaper ....4 Aug 2026 · Company Update / Newspaper Publication
Please find the intimation for the redemption of OCRPS.31 Jul 2026 · Company Update / General
Copy of newspaper publication regarding the Unaudited Financial Results for the Quarter ended 30th June,2026.23 Jul 2026 · Company Update / Newspaper Publication
Corrigendum to the outcome of Board Meeting held on 22nd July, 2026.23 Jul 2026 · Company Update / General
Intimation of Redemption of Preference Shares of the Company.22 Jul 2026 · Company Update / General
Unaudited Financial Results for the Quarter ended 30th June,2026.22 Jul 2026 · Result / Financial Results
Please find the outcome of the Board Meeting held on 22nd July, 2026 along with unaudited financial results for the quarter ended 30th June, 202622 Jul 2026 · Board Meeting / Outcome of Board Meeting
In compliance with the requirements of Regulation 30 and other applicable Regulations, if any, of the SEBI LODR, we hereby submit the disclosure regarding the Demand-Cum-Show Cause Notice ....21 Jul 2026 · Company Update / General
Emami Paper Mills Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 22/07/2026 ,inter alia, to consider and approve the Unaudited Financial Results ....14 Jul 2026 · Board Meeting / Board Meeting
Certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018.6 Jul 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Intimation of the closure of Trading Window w.e.f 1st July, 2026 till the end of the 48 hours after the declaration of the Unaudited Financial Results of the Company for the First Quarter ....26 Jun 2026 · Insider Trading / SAST / Closure of Trading Window
We hereby submit the Secretarial Compliance Report for the year ended 31st March, 2026.29 May 2026 · Company Update / Reg.24(A)-Annual Secretarial Compliance
We hereby submit the newspaper clippings of the Audited Financial Results of Emami Paper Mills Limited for the 4th Quarter and Year ended 31st March, 2026, published today i.e. 29th May, 2026.29 May 2026 · Company Update / Newspaper Publication
Intimation of the appointment of Cost Auditors of the Company for the FY 2026-2027.28 May 2026 · Company Update / General
Intimation of the Re-appointment of Shri Manish Goenka as Whole-time Director designated as Vice Chairman of the Company.28 May 2026 · Company Update / Change in Management
Intimation of the recomendation of Final dividend on Equity and Preference Shares for the FY 2025-26.28 May 2026 · Corp Action / Dividend Updates
We hereby submit the audited financial results for the 4th Quarter and Year ended 31st March, 2026.28 May 2026 · Result / Financial Results
We submit the outcome of the Board Meeting along with the Audited Financial Results for the 4th Quarter and Year ended 31st March,2026.28 May 2026 · Board Meeting / Outcome of Board Meeting
Emami Paper Mills Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 28/05/2026 ,inter alia, to consider and approve 1) the Audited Financial ....20 May 2026 · Board Meeting / Board Meeting
Submission of the intimation sent to the shareholders holding shares in physical form to mandatorily furnish/update of PAN, KYC, Nomination details, bank account details and specimen signature.19 May 2026 · Company Update / General
Notice to shareholders published in Business Standard (English - All India Edition) and Aajkaal (Bengali - Kolkata Edition) on Friday, 15th May, 2026 in connection with transfer of Equity ....15 May 2026 · Company Update / Newspaper Publication
Intimation of Resignation of 1( one) Senior Managerial Personnel of the Company w.e.f closure of Business Hours on 14th May,2026.14 May 2026 · Company Update / Change in Management
Intimation sent to the concerned shareholders regarding the transfer of shares to the IEPF Authority in respect of which dividends have remained unclaimed or unpaid for a period of 7 (seven) ....14 May 2026 · Company Update / General

Corporate actions

Purpose	Ex date	Record date	Payment date
Final Dividend - Rs. - 3.2000	28 Aug 2026	28 Aug 2026	—
Final Dividend - Rs. - 1.6000	26 Aug 2025	27 Aug 2025	—
Final Dividend - Rs. - 1.6000	21 Aug 2024	—	—

Board meetings

30 Oct 2026 Board Meeting - Financial Results
22 Jul 2026 Board Meeting - Financial Results