TNPLCommodities

Tamil Nadu Newsprint & Papers Limited

Paper & Paper Products · ISIN INE107A01015 · BSE 531426 · NSE EQ · FV ₹10
Last price
₹145
-4.90%today
What this company does

Tamil Nadu Newsprint & Papers Limited operates in Paper & Paper Products, part of the Commodities sector. It booked ₹1,147 cr of revenue in its latest quarter (Q1 FY27) and kept 0.5% of sales as profit. It is the 6th largest of 9 Paper & Paper Products companies we track, by market value.

In the report:
43out of 100
Equitytale Health Score
Strained

Healthier than 43% of companies in Commodities, on all six measures of filed financials. Each measure is ranked against the 91–173 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)
44

At close. Not part of the score.

Profitability & returns18

How much profit it earns on the money it employs

Balance sheet19

How much it owes, and whether earnings cover the interest

Cash quality84

Whether reported profit actually arrives as cash

Growth & consistency47

Whether sales and profit have grown, and how steadily

Valuation42

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

Governance & risk86

How much of the promoters' stake is pledged, and how much they hold

Is this company doing well?
not investment advice
Strengths
Makes a profit
No promoter shares pledged
Watch-outs
! Thin 0.5% net margin
! Low 1.0% return on equity
! Operating cash flow is negative

What if I invest in TNPL?

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 0% a year, it would become
₹12.00 lakh

The slider starts at 0%, taken from this company's own free-cash-flow trend. That is history, not a forecast — 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 We do not publish price targets or predict returns.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
₹145 -4.90%
latest close · 2026-09-17
1-year return
+6.9%
52-wk low ₹11252-wk high ₹227
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 ratio43.6High
LowAverageHigh
P/B ratio0.43Below book
Below bookModerateHigh
EV / EBITDA5.0Low
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity1.0%Weak
WeakFairStrong ▸15%
Return on capital5.6%Weak
WeakFairStrong
Net margin0.5%Thin
ThinDecentStrong
EBITDA margin11.2%Decent
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.69Moderate
LowModerateHigh ▸1
Interest cover1.2×Risky
RiskyOkayStrong ▸5×
Current ratio0.69Tight
Tight ◂1HealthyAmple
More figures
Market cap
₹1,001 cr
Book value
₹335
EPS
₹0.83
latest quarter
Net debt
₹1,585 cr
owes more than its cash
Enterprise value
₹2,586 cr
EBITDA
₹514 cr
annualised
EBIT
₹202 cr
annualised
Operating margin
4.4%
Return on assets
0.4%
Earnings yield
2.30%
P/S
0.22
Sales / share
₹662.7
Tax rate
25.3%
Face value
₹10
Shares
6.9 cr
Working capital
₹-810 cr
Current assets
₹1,795 cr
Current liabilities
₹2,605 cr
Delivery %
49.1%
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 2025 report & filings
not investment advice
Hard to value confidentlyLow confidence
One year's profit is a one-off (far above the multi-year norm), so its recurring earnings power is unclear.
Models span ₹57₹159, midpoint ₹99

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₹1,147 cr
Other Income₹14 cr
Total Income₹1,160 cr
Cost of Materials₹506 cr
Purchases of Stock-in-Trade₹72 cr
Inventory Change (±)₹-42 cr
Employee Benefit Expense₹130 cr
Finance Costs₹43 cr
Depreciation & Amortisation₹78 cr
Other Expenses₹365 cr
Total Expenses₹1,153 cr
Profit before Tax₹8 cr
Tax Expense₹2 cr
Net Profit₹6 cr
Net margin on total income0.5%
Where the money goes · Q1 FY27
% of total income
Materials + stock-in-trade₹536 cr46.2%
Employee benefit expense₹130 cr11.2%
Finance costs₹43 cr3.7%
Depreciation & amortisation₹78 cr6.7%
Other expenses₹365 cr31.5%
Tax expense₹2 cr0.2%
Profit for the period₹6 cr0.5%
Total income ₹1,160 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue1,121 cr1,272 cr1,147 cr
Total income1,146 cr1,292 cr1,160 cr
Expenses1,134 cr1,254 cr1,153 cr
Profit before tax12 cr38 cr8 cr
Tax5 cr-203 cr2 cr
Net profit (owners' share)7 cr240 cr6 cr
Net margin (owners' share, on revenue)0.6%18.9%0.5%
EPS (₹)0.9834.720.83
YoY (latest quarter): total income +0.5% · net profit
Balance sheet & cash flow · as of Mar 2026
Moderate debt
Total assets
₹6,210 cr
Shareholder equity
₹2,316 cr
parent shareholders
Total debt
₹1,599 cr
Cash
₹14 cr
Cash flow · H1 FY26
Operating
₹-52 cr
Investing
₹-104 cr
Financing
₹191 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 LIMITED₹72₹1,429 cr11.8
N R Agarwal Industries Limited₹629₹1,070 cr7.6
Tamil Nadu Newsprint & Papers Limitedthis company₹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
2.77%
trailing 12 months
Dividend / share (TTM)
₹4
Last dividend
₹4
ex 17 Sep 2026
ActionDetailEx-date
Dividend₹4 / share17 Sep 2026
Dividend₹3 / share11 Sep 2025
Dividend₹1 / share20 Sep 2024
Dividend₹3 / share13 Feb 2024
Dividend₹5 / share18 Sep 2023
Dividend₹4 / share13 Sep 2022
Who owns it · 2026-06-30
No pledge
Promoter
35.3%
FII / Foreign
5.0%
DII / Domestic
9.5%
Retail / others
50.1%
Smart-money activity
Bulk / block deals
BoughtSONA INDIA INVESTMENTS LLC · NSE11.61 L @ ₹133.6128 Jan 26
SoldPOINT BREAK CAPITAL LP · NSE12.00 L @ ₹13328 Jan 26
SoldNK SECURITIES RESEARCH PRIVATE LIMITED · NSE3.87 L @ ₹167.1430 Sep 25
Stake changes
BoughtICICI Prudential Mutual Fund→ 5.04% · 39,8863 Mar 25
SoldHDFC Mutual Fund→ 3.43% · 14.18 L25 Jul 23
SoldHDFC Mutual Fund→ 5.48% · 14.24 L12 May 23
What shareholders were asked to approve
1 proposal passed only on promoter votes

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.

Postal ballot · 29 Jan 2026
See the official result
1
Appointment of Thiru Sriganesh Padmanabhan (DIN:01861673) as an Independent Director
Backed by 100% of shareholders other than promotersneeded 75%
85.04 L votes for, 4,722 against · 0% 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 35.3% between them · as of 2026-06-30
GOVERNOR OF TAMILNADU35.32%

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.