Malu Paper Mills Limited

BSE: MALUPAPER532728ISIN INE383H01017

Commodities
Paper & Paper Products

Share price

₹31.00+0.55 (+1.81%)

as of 4 Nov 2026

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

52W high: ₹44.00
52W low: ₹27.16
Off 52W high: -29.55%
1M return: -0.32%
3M return: -6.34%
6M return: -5.49%
1Y return: -19.81%
20D avg volume: 954
50 DMA: ₹31.95
200 DMA: ₹32.40

Key ratios Standalone

Market cap: ₹52.88 Cr
Current price: ₹31.00
52W high / low: ₹44.00 / ₹27.16
Face value: ₹10.00
P/E: -13.14
P/B: 55.36
EPS (TTM): ₹-2.36
Book value / share: ₹0.56
ROE: -419.30%
ROCE: 60.60%
Operating margin: 5.77%
Net margin: 2.12%
Debt / equity: -5.99
Net debt: ₹152.50 Cr
Interest cover: -1.04
Dividend yield: —
Dividend / share (TTM): —
Payout: —
Cash conversion cycle: 38.5 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
Income statement
	117.69	123.42	105.79	76.78	56.39	94.33	93.04	62.62	64.70	57.53	—
	0.10	0.10	0.44	0.12	0.10	0.10	0.16	0.13	0.13	0.13	—
	117.79	123.52	106.23	76.90	56.49	94.44	93.19	62.76	64.82	57.66	—
	114.73	121.69	105.73	84.28	64.12	103.11	97.46	67.93	69.72	60.45	—
	69.07	73.28	67.97	51.95	39.78	70.41	61.67	42.40	46.03	35.83	—
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—
	3.26	3.17	3.04	3.17	2.88	2.97	2.89	2.57	2.53	2.42	—
	2.31	2.59	2.82	2.92	3.11	2.54	3.51	2.82	2.68	2.41	—
	1.43	1.43	1.37	1.37	1.37	1.37	1.45	1.30	1.29	1.29	—
	38.36	40.22	30.65	23.94	17.53	24.66	21.95	16.07	18.29	14.09	—
	3.06	1.83	0.49	-7.38	-7.63	-8.68	-4.27	-5.17	-4.90	-2.80	—
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—
	3.06	1.83	0.49	-7.38	-7.63	-8.68	-4.27	-5.17	-4.90	-2.80	—
	0.57	0.55	3.18	-2.28	-2.03	2.53	-1.45	1.50	1.23	0.83	—
	2.49	1.28	-2.69	-5.10	-5.59	-6.15	-2.82	-3.67	-3.67	-1.97	—
	1.46	0.75	-1.56	-2.99	-3.28	-3.61	-1.65	-2.15	-2.15	-1.15	—
Key metrics
	6.80	5.85	4.68	-3.09	-3.15	-4.77	0.69	-1.05	-0.93	0.90	—
	5.80%	4.70%	4.40%	-4.00%	-5.60%	-5.10%	0.70%	-1.70%	-1.40%	1.60%	—
	2.10%	1.00%	-2.50%	-6.60%	-9.90%	-6.50%	-3.00%	-5.90%	-5.70%	-3.40%	—
	-40.00%	—	-17.00%	—	56.60%	—	-18.00%	—	—	—	—
	108.70%	30.80%	13.70%	22.60%	-12.80%	64.00%	—	—	—	—	—
	144.50%	120.80%	4.60%	-39.00%	-52.30%	-212.20%	—	—	—	—	—

Metric	TTM	FY26	FY25	FY24
Income statement
	423.68	333.29	277.89	—
	0.76	0.77	0.55	—
	424.44	334.06	278.43	—
	426.43	357.25	295.56	—
	262.27	230.12	185.93	—
	0.00	0.00	0.00	—
	12.64	12.07	10.40	—
	10.64	11.38	11.42	—
	5.60	5.50	5.33	—
	133.17	96.78	70.40	—
	-2.00	-23.19	-17.13	—
	0.00	0.00	0.00	—
	-2.00	-23.19	-17.13	—
	2.02	-3.66	-5.00	—
	-4.02	-19.53	-12.13	—
	-2.34	-11.43	-7.11	—
Key metrics
	14.24	-6.31	-0.38	—
	3.36%	-1.90%	-0.10%	—
	-0.95%	-5.90%	-4.40%	—
	—	60.60%	-135.30%	—
	38.29%	19.90%	—	—
	—	-61.00%	—	—
	—	1.28	1.37	—
	—	-0.37	-0.31	—
	—	-5.99	-24.78	—
	—	152.50	141.62	—
	—	38.5	69.2	—
Balance sheet
	—	181.00	172.36	—
	—	93.60	88.95	—
	—	0.13	0.15	—
	—	38.97	34.50	—
	—	43.29	46.79	—
	—	7.76	4.99	—
	—	67.71	67.24	—
	—	47.13	28.59	—
	—	200.49	168.14	—
	—	152.63	141.77	—
	—	148.18	133.28	—
	—	4.45	8.49	—
	—	-25.49	-5.72	—
Cash flow
	—	7.25	3.82	—
	—	-6.63	-2.89	—
	—	-0.64	-0.83	—
	—	5.97	2.45	—

Compounded growth

Sales CAGR 3Y: —
Sales CAGR 5Y: —
Profit CAGR 3Y: —
Profit CAGR 5Y: —
Sales YoY (TTM): +38.29%
Profit YoY (TTM): +77.95%

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: 69.84%

Quarter	30 Sep 2026	September 2026	June 2026
Promoter %	69.84%	69.84%	69.84%

Holder	Type	Holding	Previous	Change
Frontline Commercial Pvt. Ltd.	Promoter	8.88%	8.88%	0.00%
Kaveridevi Jeetmal Malu	Promoter Group	6.11%	6.11%	0.00%
Wistaria Farms Private Ltd	Promoter	6.06%	6.06%	0.00%
Purushottam Malu	Promoter	4.27%	4.27%	0.00%
Vasudeo Bhanwarlal Malu	Promoter	4.26%	4.26%	0.00%
Shrawan Kumar Malu	Promoter Group	3.98%	3.98%	0.00%
Sashikala Vasudeo Malu	Promoter Group	3.92%	3.92%	0.00%
Sunflame Fuels Pvt. Ltd	Promoter Group	3.09%	3.09%	0.00%
Marigold Farms Pvt. Ltd.	Promoter	2.42%	2.42%	0.00%
Suman Malu	Promoter Group	2.37%	2.37%	0.00%
Banwarilal Bhanwarlal Malu	Promoter	2.19%	2.19%	0.00%
Malu Vasudeo Bhanwarlal	Promoter Group	2.17%	2.17%	0.00%
Bips Tradecom Llp	Public	2.13%	2.13%	0.00%
Atulkumar Rameshwar Rathi	Public	2.12%	2.12%	0.00%
Bharat Shrawankumar Malu	Promoter Group	1.88%	1.88%	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

Newspaper Publication of Financial results2 Nov 2026 · Company Update / Newspaper Publication
The board has considered and approved the Unaudited Standalone Financial Results of the Company for the quarter and half year ended as on September 30, 2026 along with the Limited Review Report.30 Oct 2026 · Board Meeting / Outcome of Board Meeting
Malu 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 Un-audited financial results ....23 Oct 2026 · Board Meeting / Board Meeting
Compliance Certificate15 Oct 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Closure of Trading Window1 Oct 2026 · Insider Trading / SAST / Closure of Trading Window
Appointment of Secretarial auditor26 Sep 2026 · Company Update / General
Combined Voting results along with Scrutiniser''s report.25 Sep 2026 · AGM/EGM / AGM
Outcome of AGM23 Sep 2026 · AGM/EGM / AGM
Annual report 2025-262 Sep 2026 · Others / Reg. 34 (1) Annual Report
Newspaper Publication of AGM notice2 Sep 2026 · Company Update / Newspaper Publication
Please find attached herewith Notice of the Thirty-third (33rd) Annual General Meeting of the Company along with Annual report 2025-26.1 Sep 2026 · AGM/EGM / AGM
Book Closure for the purpose of AGM28 Aug 2026 · Corp. Action / Book Closure
Newspaper publication of Financial results24 Jul 2026 · Company Update / Newspaper Publication
The Board considered and approved the Un-audited Financial results of the Company for the quarter ended 30/06/2026.23 Jul 2026 · Result / Financial Results
Outcome of BM23 Jul 2026 · Board Meeting / Outcome of Board Meeting
Malu Paper Mills Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 23/07/2026 ,inter alia, to consider and approve the unaudited financial results ....16 Jul 2026 · Board Meeting / Board Meeting
Compliance Certificate14 Jul 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Intimation1 Jul 2026 · Insider Trading / SAST / Closure of Trading Window
Annual Secretarial Compliance Report2 Jun 2026 · Company Update / Reg.24(A)-Annual Secretarial Compliance
Newspaper Publication29 May 2026 · Company Update / Newspaper Publication
Financial results for the quarter and year ended 31/03/202628 May 2026 · Result / Financial Results
Outcome of Board Meeting28 May 2026 · Board Meeting / Outcome of Board Meeting
Malu 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 the Audited Financial Results ....21 May 2026 · Board Meeting / Board Meeting
Format of Initial Disclosure to be made by an entity identified as a Large Corporate. <table border=''1px''><tr> <td>Sr. No.</td> <td>Particulars</td> <td>Details</td> ....30 Apr 2026 · Others / Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A
Compliance Certificate15 Apr 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Closure of Trading Window31 Mar 2026 · Insider Trading / SAST / Closure of Trading Window
Newspaper publication of Financial results13 Feb 2026 · Company Update / Newspaper Publication
Financial results for the quarter ended 31st December 202511 Feb 2026 · Result / Financial Results
Outcome of Board Meeting11 Feb 2026 · Board Meeting / Outcome of Board Meeting
Intimation6 Feb 2026 · Company Update / General
Malu Paper Mills Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 11/02/2026 ,inter alia, to consider and approve and take on record the un-audited ....2 Feb 2026 · Board Meeting / Board Meeting
Compliance certificate15 Jan 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Closure of Trading window1 Jan 2026 · Company Update / Code of Conduct under SEBI (PIT) Regulations, 2015
Newspaper Publication of Financial results13 Nov 2025 · Company Update / Newspaper Publication
Integrated Financial Results12 Nov 2025 · Result / Financial Results
Outcome of BM12 Nov 2025 · Board Meeting / Outcome of Board Meeting
Malu Paper Mills Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 12/11/2025 ,inter alia, to consider and approve and take on record the unaudited ....4 Nov 2025 · Board Meeting / Board Meeting
Compliance certificate15 Oct 2025 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Closure of Trading Window29 Sep 2025 · Company Update / Code of Conduct under SEBI (PIT) Regulations, 2015
Voting results and Scrutinizer''s report22 Aug 2025 · AGM/EGM / AGM

Board meetings

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