N R Agarwal Industries Limited
N R Agarwal Industries Limited operates in Paper & Paper Products, part of the Commodities sector. It booked ₹669 cr of revenue in its latest quarter (Q2 FY27) and kept 4.6% of sales as profit. It is the 5th largest of 9 Paper & Paper Products companies we track, by market value.
“The Company is among the leading manufacturers of paper & paper board in India from recycled waste paper. 2.”
Healthier than 46% of companies in Commodities, on all six measures of filed financials. Each measure is ranked against the 42–176 companies that reported it.
Measures financial condition, not whether to buy. Learn what this score means · How this is calculated
- RSI (14)
- 60
At close. Not part of the score.
How much profit it earns on the money it employs
How much it owes, and whether earnings cover the interest
Whether reported profit actually arrives as cash
Whether sales and profit have grown, and how steadily
What today's price implies, against our models or its peers
How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure
What if I invest in NRAIL?
Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.
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 We do not publish price targets or predict returns.
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 2026-11-04.
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.
| Revenue from Operations | ₹669 cr |
| Other Income | ₹3 cr |
| Total Income | ₹672 cr |
| Cost of Materials | ₹446 cr |
| Purchases of Stock-in-Trade | ₹0 cr |
| Inventory Change (±) | ₹-11 cr |
| Employee Benefit Expense | ₹34 cr |
| Finance Costs | ₹16 cr |
| Depreciation & Amortisation | ₹18 cr |
| Other Expenses | ₹126 cr |
| Total Expenses | ₹630 cr |
| Profit before Tax | ₹42 cr |
| Tax Expense | ₹11 cr |
| Net Profit | ₹31 cr |
| Net margin on total income | 4.6% |
| Metric | Q4 FY26 | Q1 FY27 | Q2 FY27 |
|---|---|---|---|
| Revenue | 605 cr | 647 cr | 669 cr |
| Total income | 606 cr | 653 cr | 672 cr |
| Expenses | 582 cr | 607 cr | 630 cr |
| Profit before tax | 24 cr | 46 cr | 42 cr |
| Tax | 10 cr | 11 cr | 11 cr |
| Net profit (owners' share) | 14 cr | 35 cr | 31 cr |
| Net margin (owners' share, on revenue) | 2.3% | 5.4% | 4.6% |
| EPS (₹) | 8.34 | 20.55 | 18.18 |
| Company | Price | Market cap | P/E | ROE | Net margin | 1-yr return |
|---|---|---|---|---|---|---|
| JK Paper Limited | ₹366 | ₹6,642 cr | 16.4 | 7.2% | 5.2% | — |
| West Coast Paper Mills Limited | ₹802 | ₹5,294 cr | 9.9 | 14.8% | 12.7% | — |
| ANDHRA PAPER LIMITED | ₹63 | ₹1,262 cr | 75.5 | 0.9% | 1.0% | — |
| Seshasayee Paper and Boards Limited | ₹207 | ₹1,244 cr | 7.3 | 8.0% | 8.4% | — |
| N R Agarwal Industries Limitedthis company | ₹719 | ₹1,224 cr | 9.9 | 14.1% | 4.6% | — |
| Tamil Nadu Newsprint & Papers Limited | ₹135 | ₹932 cr | 40.6 | 1.0% | 0.5% | — |
| Pudumjee Paper Products Limited | ₹87 | ₹829 cr | 9.1 | 12.6% | 10.0% | — |
| Emami Paper Mills Limited | ₹115 | ₹697 cr | 4.0 | 34.9% | 7.5% | — |
| Satia Industries Limited | ₹65 | ₹646 cr | — | -6.3% | -4.7% | — |
| Action | Detail | Ex-date |
|---|---|---|
| Dividend | ₹2 / share | 25 Aug 2026 |
| Dividend | ₹2 / share | 17 Sep 2025 |
| Dividend | ₹2 / share | 16 Aug 2024 |
| Dividend | ₹1 / share | 21 Sep 2021 |
| Dividend | ₹4 / share | 6 Sep 2019 |
| Dividend | ₹3 / share | 18 Sep 2018 |
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.
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.
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.
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.