ANDHRAPAPCommodities

ANDHRA PAPER LIMITED

Paper & Paper Products · ISIN INE435A01051 · BSE 502330 · NSE EQ · FV ₹2
Last price
₹72
-1.96%today
What this company does

ANDHRA PAPER LIMITED operates in Paper & Paper Products, part of the Commodities sector. It booked ₹394 cr of revenue in its latest quarter (Q1 FY27) and kept 7.7% of sales as profit. It is the 4th largest of 9 Paper & Paper Products companies we track, by market value.

POWERS PROGRESS For over six decades, Andhra Paper Limited has been enabling education, communication, and enterprise through quality paper solutions.
In the report:
58out of 100
Equitytale Health Score
Mixed

Healthier than 58% of companies in Commodities, on all six measures of filed financials. Each measure is ranked against the 43–173 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
65

At close. Not part of the score.

Profitability & returns39

How much profit it earns on the money it employs

Balance sheet70

How much it owes, and whether earnings cover the interest

Cash quality66

Whether reported profit actually arrives as cash

Growth & consistency28

Whether sales and profit have grown, and how steadily

Valuation69

What today's price implies, against our models or its peers

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Is this company doing well?
not investment advice
Strengths
Makes a profit
Profit up 42% vs last year
Promoters hold 72%
No promoter shares pledged
Turns profit into real cash
Watch-outs
! Thin 7.7% net margin
! Low 6.3% return on equity

What if I invest in ANDHRAPAP?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 10% a year, it would become
₹20.15 lakh

The starting rate is a round number, not a view on this company — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹72 -1.96%
latest close · 2026-09-17
52-wk low ₹5942 sessions so far52-wk high ₹80
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio11.8Low
LowAverageHigh
P/B ratio0.74Below book
Below bookModerateHigh
EV / EBITDA5.8Low
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity6.3%Weak
WeakFairStrong ▸15%
Return on capital8.0%Weak
WeakFairStrong
Net margin7.7%Decent
ThinDecentStrong
EBITDA margin17.9%Decent
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.12Comfortable
LowModerateHigh ▸1
Interest cover15.0×Strong
RiskyOkayStrong ▸5×
Current ratio2.95Ample
Tight ◂1HealthyAmple
More figures
Market cap
₹1,429 cr
Book value
₹98
EPS
₹1.52
latest quarter
Net debt
₹216 cr
owes more than its cash
Enterprise value
₹1,645 cr
EBITDA
₹282 cr
annualised
EBIT
₹174 cr
annualised
Operating margin
11.0%
Return on assets
4.8%
Earnings yield
8.46%
P/S
0.91
Sales / share
₹79.2
Tax rate
25.2%
Face value
₹2
Shares
19.9 cr
Working capital
₹687 cr
Current assets
₹1,040 cr
Current liabilities
₹353 cr
Delivery %
42.4%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.

Worth vs price · from the FY 2026 report & filings
not investment advice
Looks overpricedMedium confidence
Median of 2 models ₹60 vs market price ₹72 — price is 20% above it
Safety cushion-20.3%(target ≥ +20%)
Models span ₹37₹82, midpoint ₹60
Model ₹60
Price ₹72
Cheap sideExpensive side

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Revenue from Operations₹394 cr
Other Income₹22 cr
Total Income₹415 cr
Cost of Materials₹245 cr
Purchases of Stock-in-Trade₹0 cr
Inventory Change (±)₹-7 cr
Employee Benefit Expense₹44 cr
Finance Costs₹3 cr
Depreciation & Amortisation₹27 cr
Other Expenses₹64 cr
Total Expenses₹375 cr
Profit before Tax₹41 cr
Tax Expense₹10 cr
Net Profit₹30 cr
Net margin on total income7.3%
Where the money goes · Q1 FY27
% of total income
Materials + stock-in-trade₹237 cr57.2%
Employee benefit expense₹44 cr10.5%
Finance costs₹3 cr0.7%
Depreciation & amortisation₹27 cr6.5%
Other expenses₹64 cr15.4%
Tax expense₹10 cr2.5%
Profit for the period₹30 cr7.3%
Total income ₹415 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue419 cr527 cr394 cr
Total income447 cr545 cr415 cr
Expenses435 cr533 cr375 cr
Profit before tax12 cr12 cr41 cr
Tax2 cr4 cr10 cr
Net profit (owners' share)10 cr8 cr30 cr
Net margin (owners' share, on revenue)2.4%1.5%7.7%
EPS (₹)0.500.391.52
YoY (latest quarter): total income -1.2% · net profit +42.3%
Balance sheet & cash flow · as of Mar 2026
Low debt
Total assets
₹2,538 cr
Shareholder equity
₹1,939 cr
parent shareholders
Total debt
₹232 cr
Cash
₹16 cr
Cash flow · H1 FY26
Operating
₹64 cr
Investing
₹-5 cr
Financing
₹-55 cr
Peer comparison
Paper & Paper Products · by market value
CompanyPriceMarket capP/E
JK Paper Limited₹418₹7,580 cr14.6
West Coast Paper Mills Limited₹716₹4,732 cr8.9
Seshasayee Paper and Boards Limited₹248₹1,492 cr11.7
ANDHRA PAPER LIMITEDthis company₹72₹1,429 cr11.8
N R Agarwal Industries Limited₹629₹1,070 cr7.6
Tamil Nadu Newsprint & Papers Limited₹145₹1,001 cr43.6
Pudumjee Paper Products Limited₹102₹973 cr7.2
Emami Paper Mills Limited₹112₹677 cr4.5
Satia Industries Limited₹68₹676 cr
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
0.70%
trailing 12 months
Dividend / share (TTM)
₹0.5
Last dividend
₹0.5
ex 4 Aug 2026
ActionDetailEx-date
Dividend₹0.5 / share4 Aug 2026
Dividend₹1 / share1 Aug 2025
Stock splitStock Split From Rs.10/- to Rs.2/-11 Sep 2024
Dividend₹10 / share5 Aug 2024
Dividend₹12.5 / share4 Aug 2023
Dividend₹7.5 / share4 Aug 2022
Who owns it · 2026-06-30
No pledge
Promoter
72.5%
FII / Foreign
0.3%
DII / Domestic
5.5%
Retail / others
21.8%
Promoter stake up 0.1% over the last 12 quarters.
Smart-money activity
Insider trades
BoughtWest Coast Paper Mills Limited · Promoters54,200 · ₹3.1 cr28 Jun 24
BoughtSudarshan Vijaynarain Somani · Director3,000 · ₹15.6 L23 May 24
BoughtSHASHI BANGUR · Immediate relative4,000 · ₹16.6 L27 Dec 22
Bulk / block deals
SoldMICROCURVES TRADING PRIVATE LIMITED · NSE15.75 L @ ₹74.888 Sep 26
BoughtMICROCURVES TRADING PRIVATE LIMITED · NSE15.75 L @ ₹74.868 Sep 26
BoughtJUNOMONETA FINSOL PRIVATE LIMITED · NSE16.21 L @ ₹74.168 Sep 26
Stake changes
SoldSBI Mutual Fund under its Various Schemes→ 3.67% · 56,48213 Sep 23
SoldSBI Mutual Fund under its Various Schemes→ 5.69% · 1.50 L31 Jan 23
SoldInternational Paper Investments Luxembourg S A R L · promoter→ 2.80% · 68.41 L26 Jun 20
Promoter pledges
ReleasedWest Coast Paper Mills Ltd.2.03 cr · 51.00% held24 Jan 22
PledgedIDBI Trusteeship Services Ltd Common Security Trustee for Debentureholders Standard Bank Mauritius Aditya Birla Finance Ltd2.03 cr · 0.00% held29 Oct 20
PledgedIDBI Trusteeship Services Ltd2.03 cr · 0.00% held6 Dec 19
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Yearly shareholder meeting · 11 Aug 2026
See the official result
1
To consider and adopt Audited Financial Statements of the Company for the financial year ended March 31, 2026 and the Reports of Board of Directors and Auditors thereon.
Backed by 100% of shareholders other than promotersneeded 50%
91.36 L votes for, 136 against · 0% of mutual funds and other big investors said no
2
To declare final dividend of Rs.0.50/- per equity share of face value of Rs.2/- each, of the Company for the financial year ended March 31, 2026.
Backed by 100% of shareholders other than promotersneeded 50%
91.47 L votes for, 136 against · 0% of mutual funds and other big investors said no
3
To appoint a Director in place of Mr. Saurabh Bangur (DIN: 00236894) who retires by rotation and being eligible offers, himself for re-appointment.
Promoters had a personal stake in this
Backed by 99% of shareholders other than promotersneeded 50%
90.90 L votes for, 57,358 against · 1% of mutual funds and other big investors said no
4
Re-appointment of Mr. Saurabh Bangur (DIN: 00236894), as a Managing Director of the Company.
Promoters had a personal stake in this
Backed by 99% of shareholders other than promotersneeded 75%
90.81 L votes for, 66,769 against · 1% of mutual funds and other big investors said no

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 1 named members
owning 72.5% between them · as of 2026-06-30
WEST COAST PAPER MILLS LTD72.45%

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.