Shree Ajit Pulp And Paper Ltd

BSE: SAPPL538795ISIN INE185C01017

Commodities
Paper & Paper Products

BSE listing

Share price

₹286.60+14.20 (+5.21%)

as of 18 Sep 2026

52W high: ₹348.00
52W low: ₹212.00
Off 52W high: -17.64%
1M return: +1.63%
3M return: +4.14%
6M return: +9.24%
1Y return: +16.88%
20D avg volume: 550
50 DMA: ₹286.34
200 DMA: ₹268.11

Key ratios Consolidated

Market cap: ₹253.66 Cr
Current price: ₹286.60
52W high / low: ₹348.00 / ₹212.00
Face value: ₹10.00
P/E: 6.14
P/B: —
EPS (TTM): ₹46.68
Book value / share: —
ROE: —
ROCE: 14.70%
Operating margin: —
Net margin: —
Debt / equity: 0.92
Net debt: ₹255.21 Cr
Interest cover: 2.23
Dividend yield: —
Dividend / share (TTM): —
Payout: —
Cash conversion cycle: 70.2 days

Financials

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q4 FY24	Q3 FY18	Q3 FY17
Income statement
	201.17	174.54	176.81	172.50	177.09	155.06	—	174.54	—
	0.96	2.42	0.11	0.09	0.13	1.57	—	2.42	—
	177.86	164.73	165.80	164.00	166.95	149.87	—	164.73	—
	114.87	100.35	108.77	107.74	111.83	96.03	—	100.35	—
	0.24	2.42	0.00	0.00	0.00	0.00	—	2.42	—
	7.44	8.37	7.22	6.89	6.91	6.68	—	8.37	—
	7.64	11.67	7.30	7.33	7.90	7.57	—	11.67	—
	4.98	4.89	5.00	5.01	4.95	4.90	—	4.89	—
	40.39	37.85	35.19	37.04	37.99	36.10	—	37.85	—
	24.27	12.24	11.11	8.58	10.27	6.77	—	12.24	—
	0.00	0.00	0.00	0.00	0.00	0.00	—	0.00	—
	24.27	12.24	11.11	8.58	10.27	6.77	—	12.24	—
	5.73	2.63	3.58	2.75	3.21	2.23	—	2.63	—
	18.54	9.61	7.53	5.84	7.07	4.54	—	9.61	—
	20.84	10.80	8.46	6.56	7.95	5.45	—	10.80	—
Key metrics
	36.89	28.80	23.41	20.92	23.12	19.24	—	28.80	—
	18.30%	16.50%	13.20%	12.10%	13.10%	12.40%	—	16.50%	—
	9.20%	5.50%	4.30%	3.40%	4.00%	2.90%	—	5.50%	—
	—	4.60%	—	3.50%	—	3.10%	—	4.60%	—
	13.60%	12.60%	—	—	—	—	—	—	—
	162.20%	111.70%	—	—	—	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY18
Income statement
	725.02	700.94	505.51	—	700.94
	3.58	2.75	1.90	—	2.75
	672.39	661.48	493.31	—	661.48
	431.73	428.70	313.95	—	428.70
	2.66	2.42	0.00	—	2.42
	29.92	29.39	22.37	—	29.39
	33.94	34.20	22.55	—	34.20
	19.88	19.85	16.35	—	19.85
	150.47	148.07	120.28	—	148.07
	56.20	42.21	14.11	—	42.21
	0.00	0.00	0.00	—	0.00
	56.20	42.21	14.11	—	42.21
	14.69	12.16	4.15	—	12.16
	41.52	30.05	9.96	—	30.05
	46.66	33.78	11.95	—	33.78
Key metrics
	110.02	96.26	53.01	—	96.26
	15.17%	13.70%	10.50%	—	13.70%
	5.73%	4.30%	2.00%	—	4.30%
	—	14.70%	8.00%	—	—
	—	38.70%	—	—	—
	—	201.70%	—	—	—
	—	57.68	-39.01	—	57.68
	—	2.09	0.80	—	2.09
	—	0.92	1.15	—	—
	—	255.21	275.12	—	—
	—	70.2	82.3	—	—
Balance sheet
	—	616.42	600.34	—	—
	—	212.46	186.40	—	—
	—	1.14	10.19	—	—
	—	99.50	78.48	—	—
	—	70.70	68.06	—	—
	—	36.97	23.47	—	—
	—	389.03	407.87	—	—
	—	35.42	32.49	—	—
	—	97.26	140.08	—	—
	—	256.35	285.31	—	—
	—	53.41	98.87	—	—
	—	202.94	186.44	—	—
	—	278.05	248.01	—	—
Cash flow
	—	62.83	7.98	—	62.83
	—	-8.49	-46.40	—	-8.49
	—	-63.29	48.45	—	-63.29
	—	5.15	46.99	—	5.15

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q4 FY24	Q3 FY18	Q3 FY17
Income statement
	201.17	174.54	176.81	172.50	177.09	155.06	—	174.54	—
	0.95	2.41	0.09	0.07	0.11	1.56	—	2.41	—
	177.86	164.72	165.80	164.00	166.95	149.87	—	164.72	—
	114.87	100.35	108.77	107.74	111.83	96.03	—	100.35	—
	0.24	2.42	0.00	0.00	0.00	0.00	—	2.42	—
	7.44	8.37	7.22	6.89	6.91	6.68	—	8.37	—
	7.64	11.67	7.30	7.33	7.90	7.57	—	11.67	—
	4.98	4.89	5.00	5.01	4.95	4.90	—	4.89	—
	40.39	37.85	35.19	37.04	37.98	36.10	—	37.85	—
	24.26	12.23	11.10	8.57	10.26	6.76	—	12.23	—
	0.00	0.00	0.00	0.00	0.00	0.00	—	0.00	—
	24.26	12.23	11.10	8.57	10.26	6.76	—	12.23	—
	5.72	2.63	3.57	2.75	3.20	2.76	—	2.63	—
	18.53	9.60	7.52	5.83	7.06	4.00	—	9.60	—
	20.83	10.79	8.46	6.56	7.94	4.80	—	10.79	—
Key metrics
	36.88	28.79	23.40	20.91	23.11	19.23	—	28.79	—
	18.30%	16.50%	13.20%	12.10%	13.00%	12.40%	—	16.50%	—
	9.20%	5.50%	4.30%	3.40%	4.00%	2.60%	—	5.50%	—
	—	4.60%	—	3.50%	—	3.10%	—	4.60%	—
	13.60%	12.60%	—	—	—	—	—	—	—
	162.50%	140.00%	—	—	—	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY18
Income statement
	725.02	700.94	505.51	—	700.94
	3.52	2.69	1.85	—	2.69
	672.38	661.47	493.30	—	661.47
	431.73	428.70	313.95	—	428.70
	2.66	2.42	0.00	—	2.42
	29.92	29.39	22.37	—	29.39
	33.94	34.20	22.55	—	34.20
	19.88	19.85	16.35	—	19.85
	150.47	148.06	120.28	—	148.06
	56.16	42.16	14.06	—	42.16
	0.00	0.00	0.00	—	0.00
	56.16	42.16	14.06	—	42.16
	14.67	12.15	4.67	—	12.15
	41.48	30.01	9.39	—	30.01
	46.64	33.74	11.27	—	33.74
Key metrics
	109.98	96.21	52.96	—	96.21
	15.17%	13.70%	10.50%	—	13.70%
	5.72%	4.30%	1.90%	—	4.30%
	—	14.70%	8.00%	—	—
	—	38.70%	—	—	—
	—	219.60%	—	—	—
	—	57.71	-39.00	—	57.71
	—	2.09	0.85	—	2.09
	—	0.92	1.15	—	—
	—	255.26	275.18	—	—
	—	70.2	82.3	—	—
Balance sheet
	—	616.08	600.02	—	—
	—	211.62	185.58	—	—
	—	1.09	10.13	—	—
	—	99.50	78.48	—	—
	—	70.70	68.06	—	—
	—	36.97	23.47	—	—
	—	389.03	407.87	—	—
	—	35.42	32.48	—	—
	—	97.25	140.06	—	—
	—	256.35	285.31	—	—
	—	53.41	98.87	—	—
	—	202.94	186.44	—	—
	—	277.72	247.72	—	—
Cash flow
	—	62.86	7.99	—	62.86
	—	-8.51	-46.42	—	-8.51
	—	-63.29	48.45	—	-63.29
	—	5.15	46.99	—	5.15

Compounded growth

Standalone

Sales CAGR 3Y: —
Sales CAGR 5Y: —
Sales CAGR 10Y: —
Profit CAGR 3Y: —
Profit CAGR 5Y: —
Profit CAGR 10Y: —
Sales YoY (TTM): —
Profit YoY (TTM): —

Consolidated

Sales CAGR 3Y: —
Sales CAGR 5Y: —
Sales CAGR 10Y: —
Profit CAGR 3Y: —
Profit CAGR 5Y: —
Profit CAGR 10Y: —
Sales YoY (TTM): —
Profit YoY (TTM): —

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 Jun 2026

Promoter holding: 59.59%

Holder	Type	Holding	Previous	Change
Gautam D Shah	Promoter	20.79%	—	—
Suresh Chimanlal Shah	Promoter	16.86%	—	—
Mayur Jayantilal Shah	Public	9.20%	—	—
Varun Shah	Promoter Group	8.35%	—	—
Bela G Shah	Promoter	7.56%	—	—
Swetal M Shah	Public	3.82%	—	—
Sunita S Shah	Promoter	3.67%	—	—
Mahesh Hemraj Shah	Public	3.51%	—	—
Devashri Gautam Shah	Promoter Group	2.36%	—	—
Investor Education And Protection Fund Authority Ministry Of Corporate Affairs	Public	2.25%	—	—
Rushabh Maheshbhai Shah	Public	2.18%	—	—
Bharat Mafatlal Shah	Public	1.67%	—	—
Damyantiben Maheshbhai Shah	Public	1.41%	—	—
Ritu Garg	Public	1.03%	—	—

Public shareholders are disclosed individually only above 1%.

Filings & corporate actions

Recent announcements

Closure of Trading Window intimation.14 Sep 2026 · Insider Trading / SAST / Closure of Trading Window
Enclosed here with copy of Newspaper Advertisement with respect to the Notice of the 31st Annual General Meeting.14 Sep 2026 · Company Update / Newspaper Publication
As per attachment.9 Sep 2026 · Company Update / Resignation of Company Secretary / Compliance Officer
Pursuant to Regulation 34 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are pleased to submit herewith Annual Report of Financial Year 2025-26 including ....8 Sep 2026 · Others / Reg. 34 (1) Annual Report
as enclosed8 Sep 2026 · AGM/EGM / AGM
with reference to caption subject, we hereby inform you that Record date for the scheduled AGM will be Tuesday, 22nd September 2026.8 Sep 2026 · Corp. Action / Record Date
with reference to captioned subject, we here by inform you that the Registrar and Share Transfer Book of the company will remain closed from Wednesday, 23rd September 2026 to Wednesday, ....8 Sep 2026 · Corp. Action / Book Closure
Information regarding 31st AGM to be held through Video Conference ("VC") / Other Audio Visual Means ("OAVM")4 Sep 2026 · Company Update / Newspaper Publication
with reference to the captioned subject, we hereby inform you that the 31st Annual General Meeting (''AGM'') of the Company is scheduled to be held on Wednesday, September 30, 2026 at ....4 Sep 2026 · AGM/EGM / AGM
as per attached25 Aug 2026 · Company Update / Change in Management
Resignation of Ms. Reema Kalani (DIN: 07874899) from the position of Independent Director24 Aug 2026 · Company Update / Change in Management
Resignation of Ms. Reema Kalani (DIN:07874899) from the post of Independent Director24 Aug 2026 · Company Update / Resignation of Director
Newspaper Publication of Un-audited Financial Results for the quarter ended 30th June, 202618 Aug 2026 · Company Update / Newspaper Publication
As per attachment.14 Aug 2026 · Company Update / Change in Management
as per attachment.14 Aug 2026 · Result / Financial Results
outcome of Board Meeting 1. Approved the Unaudited Financial Results (Standalone and Consolidated) for the First Quarter ended on 30th June, 2026 together with the review report by Statutory ....14 Aug 2026 · Board Meeting / Outcome of Board Meeting
Shree Ajit Pulp And Paper Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 14/08/2026 ,inter alia, to consider and approve We write this to ....10 Aug 2026 · Board Meeting / Board Meeting
as per enclosed letter.5 Aug 2026 · Company Update / Credit Rating
as per enclosed letter.5 Aug 2026 · Company Update / General
intimation of temporary disruption of operation due to flooding.24 Jul 2026 · Company Update / General
please find enclosed herewith a copy of newspaper advertisement notice published in the Indian Express (English) and Sandesh (Gujarati) on 16th July, 2026 in compliance of the Investor ....18 Jul 2026 · Company Update / Newspaper Publication
we enclosed herewith the certificate under Regulation 74(5) of SEBI (Depository and Participants) Regulations, 2018 for the quarter ended June 30, 2026.14 Jul 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
we wish to inform you that SEBI (Prohibition of Insider Trading) Regulation, 2015, trading window of the company for all the Directors , KMP''s / officers , designated employees and their ....22 Jun 2026 · Insider Trading / SAST / Closure of Trading Window
Newspaper publication pursuant to Regulation 47 of SEBI (LoDR) Regulations, 2015.1 Jun 2026 · Company Update / Newspaper Publication
Pursuant to Regulation 24A of the SEBI (Listing Obligation and Disclosure Requirement) Regulations, 2015, please find enclosed the Annual Secretarial Compliance Report of our company for ....30 May 2026 · Company Update / Reg.24(A)-Annual Secretarial Compliance
Audited Financial Result for the year ended 31st March, 202628 May 2026 · Result / Financial Results
We wish to inform you that the Board of Directors in its meeting held today i.e. on 28th May, 2026, has taken the following decisions: 1. Approved the Unaudited Financial Results (Standalone ....28 May 2026 · Board Meeting / Outcome of Board Meeting
Shree Ajit Pulp And Paper 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 We write this to ....22 May 2026 · Board Meeting / Board Meeting
We enclosed herewith the certificate under Regulation 74 (5) of SEBI (DP) Regulation 2018 for the quarter ended March, 202613 Apr 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Intimation of Closure of trading window.25 Mar 2026 · Insider Trading / SAST / Closure of Trading Window
Scrutinizer''s report of Postal Ballot Meeting e-voting results.23 Mar 2026 · AGM/EGM / Postal Ballot
Voting result of Postal Ballot conducted through remote E-voting23 Mar 2026 · AGM/EGM / Postal Ballot
we would like to inform you that pursuant to Regulation 30 read with Schedule III of the SEB(LoDR) Regulation, 2015, M/s. J B R & Co LLP appointed as Internal Auditor for F.Y. 2025-2026. ....24 Feb 2026 · Company Update / Change in Management
We wish to inform you that the Board of Director in its meeting held today i.e. 24th February, 2026, has taken the following decisions: 1. Appointment of Internal Auditor M/s. J B R ....24 Feb 2026 · Others / Outcome without intimation
Pursuant to Regulation 30 of SEBI (LoDR) Regulation, 2015 please find enclosed herewith a copy of Newspaper advertisement for notice of Postal Ballot, published in The Indian Express (English) ....19 Feb 2026 · Company Update / Newspaper Publication
Pursuant to Regulation 30 of SEBI (LoDR) Regulation, 2015, please find enclosed here with a copy of Notice of Postal Ballot which is being circulated to all the shareholders of the company ....17 Feb 2026 · AGM/EGM / Postal Ballot
we write to inform you that pursuant to regulation 47 of SEBI (LoDR) Regulation, 2015 Un-audited Financial Result for the quarter and nine months ended on 31st December, 2025 were published ....12 Feb 2026 · Company Update / Newspaper Publication
Pursuant to Regulation 33 of SEBI (LoDR) Regulation 2015, we have enclosed herewith Unaudited Financial Results (a) Consolidated (b) Standalone for the Quarter and Nine Months Ended on ....9 Feb 2026 · Result / Financial Results
We wish to inform you that the Board of Director in its meeting held today i.e. 9th February, 2026, has taken the following decisions: 1. Approved the Unaudited Financial Results (Standalone ....9 Feb 2026 · Board Meeting / Outcome of Board Meeting
Shree Ajit Pulp And Paper Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 09/02/2026 ,inter alia, to consider and approve Dear Sir, We write ....31 Jan 2026 · Board Meeting / Board Meeting

Board meetings

14 Aug 2026 Board Meeting - Financial Results