āagman

Not investment advice. Data and computed figures, for information only.

JK Paper Ltd

NSE: JKPAPER
₹390.40
−₹9.80 (−2.45%)
NSE · 15 Oct 2026, close
NSE
As of 31 Mar 2026
Market Cap
₹6,627 Cr
CMP
₹390.40
52-wk High / Low
₹442 / 305
P/E
20.3
P/B
1.2
Book Value
₹304.0
Div Yield
1.09%
ROCE
7.0%
ROE
4.8%
Face Value
₹10
D/E
0.47

Price−7.2% over 1Y

āagman read

Computed by āagman
Derived from 12 years and 13 quarters of filings. Not reported by the company.
As of 15 Oct 2026
How we compute these
Piotroski F-Score
3
/ 9
3 of 9 F-score tests passed
Graham Number
₹317
√(22.5 × EPS × book value per share)
ROIC
5.1%
vs 5.1% sector median
Cash flow to profit
2.82
CFO / PAT
Above 1.0 = operating cash flow exceeded reported profit
Margin change
+32
bps OPM YoY
Operating margin vs the same quarter last year
Sustainable growth
3.7%
ROE × earnings retention ratio
ROE stability
9.3
pp σ
Standard deviation of ROE across periods. Lower = more stable
Holder deltas
QoQ
pp
Prom +0.00FII −0.20DII +0.12
Latest quarter vs the previous one
Cash-accrual divergence
−5.0%
of assets
Low = accruals track cash flow
Strengths
+Price trades above its 200-day moving average (1.1x)
+Promoter holding rose by 3.3pp over the last year
Watch-outs
−Borrowings are up 36.3% since FY2016 (1892 to 2578)
−Piotroski F-Score of 3/9 is in the weak band (≤3)

Peer comparison

Peers
NameP/EMar Cap ₹ CrROCE %ROE %

Quarterly results

Consolidated basis (as filed) · ₹ Cr · 13 quarters
As of 30 Jun 2026
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales1,5841,6501,7061,7191,7141,6831,6321,6771,6611,7491,7171,9661,887
Expenses1,1071,2431,3341,3601,4331,4191,4641,4601,4111,5251,5411,6891,597
Operating Profit477407372359280264168218250224176277290
OPM %30.1%24.7%21.8%20.9%16.3%15.7%10.3%13.0%15.1%12.8%10.3%14.1%15.4%
Other Income555956572932221223203031
Interest51428035366824506751476040
Depreciation808483638082838689919710099
Profit before tax401341265318193145839311610134117182
Net Profit313306236279141129656784782490136
EPS (₹)18.2217.8513.8816.278.257.593.864.004.674.411.245.077.18

Profit & Loss

As of 30 Jun 2026
Consolidated · ₹ Cr · 12 years + TTM
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales2,1602,4372,6292,8443,2573,0602,7513,9696,4376,6596,6627,0767,319
Expenses1,9022,0422,1122,2262,3882,1892,1882,9714,4255,0445,7336,1526,352
Operating Profit2593965176188688715639972,0121,616929924967
OPM %12.0%16.2%19.7%21.7%26.7%28.5%20.5%25.1%31.3%24.3%13.9%13.1%13.2%
Other Income37352250104111124139227974353
Interest205195188143124129129132222208178225198
Depreciation116118121122128149174193282310332377387
Profit before tax−60892443756666963707971,6461,325517364435
Net Profit−18561722614254682375441,2081,133410274327
EPS (₹)−1.353.7711.0214.8523.9726.6714.1632.0370.5966.2224.1314.6617.90

Balance Sheet

As of 30 Jun 2026
Consolidated · ₹ Cr
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026Jun 2026
Equity Capital137149156176178178169169169169169181—
Reserves6399541,1651,4681,8602,1872,3472,8273,8654,9005,2035,339—
Borrowings2,1041,8921,6981,3101,5631,7822,7903,1372,8032,2041,8852,578—
Other Liabilities4484855776569211,1431,2491,4922,0832,0532,1442,433—
Total Liabilities3,3283,4783,5963,6084,5225,2906,5557,6258,9209,3269,40110,531—
Fixed Assets2,3702,7522,6882,6542,7063,1423,0315,2805,7565,8466,2556,511—
CWIP272016373294001,704461246699421—
Investments4702591526754916417249311,158556537—
Other Assets9276366337668121,2581,1801,5742,1102,2562,4913,062—
Total Assets3,3283,4783,5963,6084,5225,2906,5557,6258,9209,3269,40110,531—

Cash Flows

As of 31 Mar 2026
Consolidated · ₹ Cr
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity2604055655608795584757741,7621,376643773
Cash from Investing Activity−14−34−26240−1,115−395−1,282−874−948−410−28−814
Cash from Financing Activity−240−373−289−507140−148784103−787−938−656175
Net Cash Flow6−21493−9715−2232728−40133

Ratios

As of 31 Mar 2026
12 periods
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
ROCE %5.010.013.017.023.021.010.016.028.020.09.07.0
ROE %———————————4.8
EPS (₹)−1.353.7711.0214.8523.9726.6714.1632.0370.5966.2224.1314.66
Book Value (₹)———————————304.0
Face Value (₹)———————————10
P/E———————————20.3
Div Yield %———————————1.09
NPM %−0.82.36.59.112.914.88.313.318.416.56.13.8
OPM %12.016.020.022.027.028.020.025.031.024.014.013.0
D/E2.711.721.290.800.770.751.111.050.690.430.350.47
P/B———————————1.2

Growth

As of 11 Oct 2026
Compounded sales growth
10 years+11.0%
5 years+21.0%
3 years+3.0%
TTM+10.0%
Compounded profit growth
10 years+17.0%
5 years+3.0%
3 years−40.0%
TTM−4.0%
Stock price CAGR
10 years+17.0%
5 years+8.0%
3 years−3.0%
Last year−13.0%
Return on equity
10 years16.0%
5 years16.0%
3 years11.0%
Last year5.0%

Shareholding pattern

As of 31 Mar 2026
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Promoters54.99%54.99%49.17%48.42%48.89%51.44%49.63%49.64%49.64%49.64%52.94%52.94%
FIIs4.74%4.74%6.62%6.11%6.96%4.47%3.53%11.49%9.26%11.86%11.59%11.39%
DIIs10.48%10.48%6.54%1.41%0.80%0.78%3.50%2.85%3.71%5.50%6.15%6.27%
Government0.00%0.00%0.01%0.01%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
Public29.79%29.79%37.67%44.06%43.36%43.31%43.34%36.04%37.39%33.00%29.32%29.40%
No. of shareholders26,24026,24042,73566,06090,88385,78295,4031,25,2711,43,6141,56,1341,31,7921,30,169
Change since Jun 2023 (pp)
Promoters −2.05FIIs +6.65DIIs −4.21Public −0.39

Documents

As of 11 Oct 2026
Announcements
Closure of Trading WindowDisclosure Under Regulation 30 Of SEBI (LODR) Regulations, 2015Announcement under Regulation 30 (LODR)-Credit RatingAnnouncement under Regulation 30 (LODR)-Updates on AcquisitionShareholder Meeting / Postal Ballot-Scrutinizer''s Report
Annual reports
Annual Report 2026Annual Report 2025Annual Report 2024Annual Report 2023Annual Report 2022
Credit ratings
Rating updateRating updateRating updateRating updateRating update
Concalls
Jan 2025PPTNov 2024PPTMay 2024TranscriptMay 2024PPTMay 2023TranscriptMay 2023PPTAug 2022TranscriptAug 2022PPT

Corporate actions

As of 19 Aug 2026
19 Aug 2026DIVIDENDDividend - Rs 4 Per Share—
18 Aug 2025DIVIDENDDividend - Rs 5 Per Share—
20 Aug 2024DIVIDENDAnnual General Meeting/Dividend - Rs 5 Per Share—
16 Feb 2024DIVIDENDInterim Dividend - Rs 3.50 Per Share—
18 Aug 2023DIVIDENDAnnual General Meeting/Dividend - Rs 4 Per Sh—
17 Feb 2023DIVIDENDInterim Dividend - Rs 4 Per Share—
23 Aug 2022DIVIDENDAnnual General Meeting/Dividend - Rs 5.50 Per Share—
12 Aug 2021DIVIDEND Annual General Meeting/Dividend - Rs 4 Per Share—
5 Mar 2020DIVIDEND Interim Dividend - Rs 4 Per Share—
13 Aug 2019DIVIDEND Dividend - Rs 3.50 Per Share—
8 Aug 2018DIVIDEND Dividend- Rs 2.50 Per Share—
26 May 2017DIVIDEND Dividend - Rs 1.50/- Per Share—
6 Sep 2016DIVIDEND Dividend Re.0.50 Per Share—
1 Aug 2013DIVIDENDAnnual General Meeting / Dividend - Re 0.50/- Per Share—
30 Jul 2012DIVIDENDAnnual General Meeting And Dividend Rs.1.50 Per Share—
26 Jul 2011RIGHTSRights 3:4 @ Premium Rs.32/- Per Share—
11 Feb 2011DIVIDENDInterim Dividend-Rs.2.25 Per Share—
16 Jul 2010DIVIDENDDividend-Rs.2/- Per Share—
Fundamentals from a third-party compiler of exchange filings; prices from the exchanges. Not investment advice.© 2026 āagman