---
title: "Shree Jagdambe Paper Mills Ltd (531019) — Share Price, Financials & Analysis"
symbol: "531019"
company: "Shree Jagdambe Paper Mills Ltd"
canonical: "https://tapetide.com/stocks/531019"
isin: "INE198F01013"
bse_code: "531019"
sector: "Commodities"
industry: "Paper, Forest & Jute Products"
generated_at: "2026-09-13T18:37:04.447Z"
---

# Shree Jagdambe Paper Mills Ltd (531019)

Canonical page: https://tapetide.com/stocks/531019

## Company

- **BSE Code:** 531019
- **ISIN:** INE198F01013
- **Sector:** Commodities
- **Industry:** Paper, Forest & Jute Products
- **Macro Sector:** Commodities
- **Stock Type:** EQUITY
- **Face Value:** ₹10
- **F&O Eligible:** No

## Latest Price

## Key Insights

### Weaknesses

- Company has low interest coverage ratio.
- Company has a low return on equity of 9.25% over last 3 years.

## Growth Rates

| Metric | 1Y | 3Y |
| --- | --- | --- |
| net income growth | -86% | -21% |
| revenue growth | -4% | 12% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2020 | Jun 2020 | Sep 2020 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 1542 | 1569 | 1586 | 2616 | 2749 | 2936 | 3136 | 3154 | 3208 | 3261 | 3484 | 3478 |
| Expenses | 1308 | 1298 | 1308 | 2285 | 2331 | 2504 | 2645 | 2664 | 2680 | 2856 | 2882 | 3100 |
| Operating Profit | 234 | 271 | 277 | 331 | 418 | 431 | 491 | 490 | 528 | 404 | 601 | 378 |
| OPM % | 15 | 17 | 18 | 13 | 15 | 15 | 16 | 16 | 16 | 12 | 17 | 11 |
| Other Income | 44 | -4 | -6 | 10 | 10 | 30 | 11 | 24 | 4 | 160 | 10 | 102 |
| Interest | 11 | 15 | 13 | 7 | 10 | 12 | 23 | 21 | 22 | 21 | 26 | 31 |
| Depreciation | 52 | 64 | 57 | 94 | 60 | 69 | 74 | 76 | 74 | 75 | 89 | 124 |
| Profit before tax | 215 | 189 | 201 | 240 | 358 | 380 | 406 | 417 | 436 | 468 | 497 | 326 |
| Tax % | 18 | 19 | 19 | 20 | 22 | 28 | 26 | 23 | 25 | 19 | 26 | 10 |
| Net Profit | 175 | 152 | 163 | 193 | 279 | 275 | 300 | 321 | 327 | 380 | 370 | 292 |
| EPS in Rs | 5.86 | 5.1 | 5.42 | 6.42 | 9.31 | 4.53 | 4.98 | 5.25 | 5.38 | 6.24 | 6.08 | 4.78 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 14.85 | 12.44 | 12.28 | 20.01 | 20.82 | 25.14 | 30.56 | 29.23 |
| Expenses | 13.55 | 11.53 | 11.38 | 19.35 | 20.08 | 24.04 | 29.25 | 27.85 |
| Operating Profit | 1.3 | 0.91 | 0.9 | 0.66 | 0.74 | 1.1 | 1.31 | 1.38 |
| OPM % | 8.75 | 7.32 | 7.33 | 3.3 | 3.55 | 4.38 | 4.29 | 4.72 |
| Other Income | 0.11 | 0.3 | 0.05 | 0.32 | 0.52 | 0.6 | 0.48 | 0.27 |
| Interest | 0.31 | 0.27 | 0.26 | 0.37 | 0.51 | 0.74 | 0.78 | 0.85 |
| Depreciation | 0.71 | 0.71 | 0.64 | 0.32 | 0.29 | 0.39 | 0.42 | 0.56 |
| Profit before tax | 0.39 | 0.23 | 0.05 | 0.29 | 0.46 | 0.57 | 0.59 | 0.24 |
| Tax % | 23.08 | -30.43 | 80 | 20.69 | 23.91 | 36.84 | -128.81 | 25 |
| Net Profit | 0.3 | 0.3 | 0.01 | 0.22 | 0.36 | 0.36 | 1.35 | 0.18 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 |
| Reserves | 2.63 | 2.94 | 2.95 | 3.64 | 4 | 4.35 | 2.9 | 3.08 |
| Borrowings | 2.73 | 2.16 | 2.24 | 5.58 | 6.86 | 7.56 | 8.55 | 10.34 |
| Other Liabilities | 1.7 | 1.84 | 1.79 | 1.94 | 2.1 | 1.95 | 1.66 | 1.03 |
| Total Liabilities | 10.06 | 9.94 | 9.98 | 14.16 | 15.96 | 16.86 | 16.11 | 17.45 |
| Fixed Assets | 5.37 | 4.85 | 4.31 | 6.08 | 6.18 | 6.78 | 3.72 | 3.8 |
| CWIP | 0 | 0 | 0 | 0 | 0.69 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0.08 | 0.08 | 0.08 | 0 | 0 |
| Other Assets | 4.69 | 5.09 | 5.67 | 8 | 9.01 | 10 | 12.39 | 13.65 |
| Total Assets | 10.06 | 9.94 | 9.98 | 14.16 | 15.96 | 16.86 | 16.11 | 17.45 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 1.33 | 0.78 | 0.36 | — | 1.71 | 0.28 | -0.22 | -0.92 |
| Cash from Investing Activity | -0.04 | -0.12 | -0.09 | — | -1.23 | -0.31 | 0.31 | -0.2 |
| Cash from Financing Activity | -0.44 | -0.56 | 0.07 | — | -0.52 | -0.01 | 0.25 | 0.98 |
| Net Cash Flow | 0.85 | 0.1 | 0.34 | — | -0.04 | -0.04 | 0.33 | -0.14 |
| Free Cash Flow | 1.19 | 0.66 | 0.27 | — | 0.64 | -0.01 | -0.35 | -1.56 |
| CFO/OP | 102 | 86 | 40 | — | 245 | 39 | -8 | -59 |

### Ratios

| Item | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 52.11 | 76.87 | 82.93 | 70.77 | 89.41 | 75.5 | 57.57 | 71.43 |
| Inventory Days | 64.11 | 60.05 | 69.79 | 81.78 | 63.64 | 55.37 | 89.9 | 83.98 |
| Days Payable | 26.25 | 45.92 | 55.83 | 28.15 | 32.78 | 21.52 | 18.23 | 11.59 |
| Cash Conversion Cycle | 89.97 | 91 | 96.89 | 124.4 | 120.28 | 109.35 | 129.24 | 143.81 |
| Working Capital Days | 76.93 | 93.6 | 102.25 | 102.51 | 109.22 | 100.61 | 96.98 | 124.87 |
| ROCE % | — | 5.35 | 3.81 | — | 7.44 | 9.11 | 8.79 | 7.06 |

## Shareholding Pattern

### annual

| Category | Sep 2015 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Sep 2020 | Mar 2025 | Dec 2025 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 74.55% | 71.53% | 71.22% | 62.59% | 62.44% | 91.16% | 74.71% | 74.3% |
| FIIs | 8.31% | 8.68% | 14.6% | 16.06% | 16.82% | 2.94% | 10.59% | 8.15% |
| DIIs | 11.13% | 9.76% | 6.37% | 12.35% | 12.86% | 0% | 9.06% | 11.31% |
| Public | 5.99% | 10.04% | 7.81% | 9.01% | 7.88% | 5.9% | 5.65% | 5.97% |
| Others | 0.01% | 0% | 0% | 0% | 0% | 0% | 0% | 0.27% |
| No. of Shareholders | 114719 | 94546 | 78817 | 80498 | 80897 | 60408 | 120600 | 111984 |

### Quarterly

| Category | Dec 2018 | Mar 2019 | Jun 2019 | Sep 2019 | Dec 2019 | Mar 2020 | Jun 2020 | Sep 2020 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 62.66% | 62.59% | 62.52% | 62.45% | 62.44% | 62.44% | 62.34% | 91.16% | 74.71% | 74.57% | 74.55% | 74.3% |
| FIIs | 17.17% | 16.06% | 16.76% | 17.85% | 16.97% | 16.82% | 14.03% | 2.94% | 10.59% | 9.76% | 8.31% | 8.15% |
| DIIs | 10.94% | 12.35% | 11.88% | 11.58% | 12.41% | 12.86% | 13.12% | 0% | 9.06% | 9.87% | 11.13% | 11.31% |
| Public | 9.23% | 9.01% | 8.84% | 8.12% | 8.17% | 7.88% | 10.51% | 5.9% | 5.65% | 5.61% | 5.99% | 5.97% |
| Others | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0.18% | 0.01% | 0.27% |
| No. of Shareholders | 82427 | 80498 | 78733 | 79592 | 82412 | 80897 | 85690 | 60408 | 120600 | 109853 | 114719 | 111984 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 0 / 7 / 12

### Moving Averages — summary: **Strong Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 30.43 | Sell |
| EMA (10) | 30.55 | Sell |
| SMA (20) | 30.94 | Sell |
| EMA (20) | 31.03 | Sell |
| SMA (50) | 32.69 | Sell |
| EMA (50) | 32.27 | Sell |
| SMA (100) | 34.51 | Sell |
| EMA (100) | 32.86 | Sell |
| SMA (200) | 31.35 | Sell |
| EMA (200) | 33.83 | Sell |

### Oscillators — summary: **Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 42.29 | Neutral |
| MACD (12,26,9) | -0.67 | Sell |
| Stochastic (14,3,3) | 34.62 | Neutral |
| ADX (14) | 11.78 | Neutral |
| Williams %R (14) | -64.62 | Neutral |
| ATR (14) | 2.03 | High Volatility |
| ROC (12) | -4.32 | Sell |
| Stoch RSI (14) | 29.14 | Neutral |
| UO (7,14,28) | 48.8 | Neutral |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 2h - Published newspaper advertisement under Regulation 47; copies filed with NSE/BSE and on Hexaware website (Feb 17, 2026). | [General Update 2h - Published newspaper advertisement under Regulation 47; copies filed with NSE/BSE and on Hexaware website (Feb 17, 2026).](https://www.bseindia.com/xml-data/corpfiling/AttachLive/c3b491e8-49c0-469a-832f-f6bdd4eba497.pdf) |
| 24 Feb - Feb 24, 2026: Hexaware expands AWS collaboration, launches RapidX and Kiro AI SDLC solutions to accelerate enterprise software delivery. | [Press Release 24 Feb - Feb 24, 2026: Hexaware expands AWS collaboration, launches RapidX and Kiro AI SDLC solutions to accelerate enterprise software delivery.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ff6839a5-a3fc-44cf-af99-6f803431e9a8.pdf) |
| 23 Feb - Hexaware filed Annual Secretarial Compliance Report for year ended Dec 31, 2025, submitted Feb 23, 2026. | [Compliances-Reg.24(A)-Annual Secretarial Compliance 23 Feb - Hexaware filed Annual Secretarial Compliance Report for year ended Dec 31, 2025, submitted Feb 23, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/700527ab-cd29-4e84-9424-86216a2ca29c.pdf) |
| 23 Feb - Alok Misra appointed independent director Feb 23, 2026–Feb 22, 2029; Vivek Sharma resigned; Shantanu Baruah added North America role. | [Announcement under Regulation 30 (LODR)-Change in Directorate 23 Feb - Alok Misra appointed independent director Feb 23, 2026–Feb 22, 2029; Vivek Sharma resigned; Shantanu Baruah added North America role.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/752e1e0f-61cf-4bc7-800c-d1f6452d6756.pdf) |
| 23 Feb - Alok Misra appointed independent director Feb 23, 2026–Feb 22, 2029; Vivek Sharma resigned; committees reconstituted; Shantanu Baruah added NA role. | [Intimation Under Regulation 30 Of LODR 23 Feb - Alok Misra appointed independent director Feb 23, 2026–Feb 22, 2029; Vivek Sharma resigned; committees reconstituted; Shantanu Baruah added NA role.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/535bfb8a-5ca4-425e-8655-20f7005c5a18.pdf) |
| 23 Feb - Alok Misra appointed independent director Feb 23 2026–Feb 22 2029; Vivek Sharma resigned; Shantanu Baruah assumes North America role. | [Re-Constitution Of Committees 23 Feb - Alok Misra appointed independent director Feb 23 2026–Feb 22 2029; Vivek Sharma resigned; Shantanu Baruah assumes North America role.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/197d6ee6-eb7a-4211-b8db-bddbd11da01a.pdf) |
| 16h - Included in S&P Global Sustainability Yearbook 2026; scored 83, top 10% in 2025 CSA. | [Hexaware Honored In S&P Global Sustainability Yearbook 2026 16h - Included in S&P Global Sustainability Yearbook 2026; scored 83, top 10% in 2025 CSA.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/06e0e670-0cef-473e-af4b-32c51887831b.pdf) |
| 12 Feb - Hexaware partners with CareInsight to deploy AI-native healthcare platforms and production-scale AI; announced Feb 12, 2026. | [Hexaware And Careinsight Announce Strategic Partnership To Accelerate AI-Driven Healthcare Transformation 12 Feb - Hexaware partners with CareInsight to deploy AI-native healthcare platforms and production-scale AI; announced Feb 12, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/14b264e2-442a-4d39-b44a-78d4171341bc.pdf) |
| 10 Feb - Hexaware launches Zero License (Feb 10, 2026) to replace SaaS with agentic AI, cutting license costs. | [Hexaware Launches Zero License To Help Enterprises Replace Saas With Agentic AI In Months, Not Years 10 Feb - Hexaware launches Zero License (Feb 10, 2026) to replace SaaS with agentic AI, cutting license costs.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ec1538d3-4568-43de-ac43-e37dc2142989.pdf) |
| — | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript 10 Feb](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ce22b0b9-e3f6-4d03-b119-2bb9dbe8bce0.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Oct 2016 | [Concall - Oct 2016](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=161D0BC0_1B1A_4579_8DF7_200D412659F6_155803.pdf) |
| May 2025 | [Concall - May 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/671e1a98-96da-4b2f-b068-ad97fb162913.pdf) |
| Mar 2025 | [Concall - Mar 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/7a1f73cd-15fd-4c65-bfa3-7095322a5d75.pdf) |
| Jun 2019 | [Concall - Jun 2019](https://www.bseindia.com/xml-data/corpfiling/AttachHis/82cc8779-642b-412e-87e6-267471f99146.pdf) |
| Jul 2025 | [Concall - Jul 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/07f86ab9-c419-4d7e-bdf6-d24ac1abbee4.pdf) |
| Feb 2017 | [Concall - Feb 2017](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=129131E4_0A40_44B9_BC8A_1C52193655B3_152544.pdf) |
| Apr 2025 | [Concall - Apr 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/cdf4b68f-a392-402e-98df-e726c65de235.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Financial Year 2013 from nse](https://archives.nseindia.com/annual_reports/AR_3233_HEXAWARE_2013_2013_02042014131029.zip) |
| from nse | [Financial Year 2012 from nse](https://archives.nseindia.com/annual_reports/AR_4_HEXAWARE_2012_2012_12042013111940.zip) |
| from nse | [Financial Year 2010 from nse](https://archives.nseindia.com/annual_reports/AR_HEXAWARE_2010_2010_13062011100526.zip) |
| from bse | [Financial Year 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/3718f083-6bc8-40e1-9742-747acb322d63.pdf) |
| from bse | [Financial Year 2020 from bse](https://www.bseindia.com/HIS_ANN_RPT/HISTANNR/2020/HEXAWARE_TECHNOLOGIES_LTD-532129-MARCH-2020.PDF) |
| from bse | [Financial Year 2019 from bse](https://www.bseindia.com/bseplus/AnnualReport/532129/5321291219.pdf) |
| from bse | [Financial Year 2018 from bse](https://www.bseindia.com/bseplus/AnnualReport/532129/5321291218.pdf) |
| from bse | [Financial Year 2017 from bse](https://www.bseindia.com/bseplus/AnnualReport/532129/5321291217.pdf) |
| from bse | [Financial Year 2016 from bse](https://www.bseindia.com/bseplus/AnnualReport/532129/5321291216.pdf) |
| from bse | [Financial Year 2015 from bse](https://www.bseindia.com/bseplus/AnnualReport/532129/5321291215.pdf) |

---

Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T18:37:04.447Z.