Balkrishna Paper Mills
Forest Materials
BALKRISHNA NSE
₹15.73 +0.58 (+3.83%)
- P/E
- Not meaningful: loss-making over the last twelve months
Close 4 Nov 2026 ₹15.73 −6.94 −30.6% 1Y
Start ₹22.67
Key Fundamentals
MicrocapPaper, Forest & Jute ProductsForest MaterialsPrice-based figures as of · EPS basis: Standalone · TTM
- ROCE
- —
- Debt to Equity
- Not meaningful: shareholders’ equity is negative
- EPS (TTM)
- −₹2.04
- Book Value
- −₹54.43
- Market Cap
- —
- P/E (TTM)
- Not meaningful: loss-making over the last twelve months
- P/B
- Not meaningful: book value is negative
- ROE
- Not meaningful: shareholders’ equity is negative
- Dividend Yield
- 0.00%
- EBITDA
- −₹2.80 Cr
- 52W High
- ₹24.00
- 52W Low
- ₹12.00
- Day Range
- ₹15.05 – ₹16.97
- Volume
- 7,291
Peer Comparison
Commodities › Forest Materials › Paper & Paper Products
| ₹368.30 | 20.58 | ₹6,706 Cr | 1.18 | 1.09% | 4.77% | 7.39% | ₹7,319 Cr | ₹328 Cr | |
| ₹829.70 | 23.86 | ₹5,327 Cr | 1.52 | 0.37% | 4.25% | 6.17% | ₹4,375 Cr | ₹238 Cr | |
| ₹217.99 | 13.88 | ₹1,302 Cr | 0.65 | 0.97% | 4.10% | 5.60% | ₹1,817 Cr | ₹99 Cr | |
| ₹64.11 | 46.12 | ₹1,267 Cr | 0.65 | 0.79% | −1.66% | 0.04% | ₹1,702 Cr | ₹28 Cr | |
| ₹669.40 | 18.33 | ₹1,174 Cr | 1.40 | 0.28% | 6.04% | 8.49% | ₹2,340 Cr | ₹62 Cr | |
| ₹139.90 | 3.71 | ₹929 Cr | 0.42 | 2.97% | 11.20% | 6.41% | ₹4,649 Cr | ₹261 Cr | |
| ₹87.64 | 9.14 | ₹830 Cr | 1.15 | 0.69% | 12.80% | 18.10% | ₹814 Cr | ₹92 Cr | |
| Balkrishna Paper Mills (this company) | ₹15.73 | — | ₹52 Cr | — | 0.00% | — | — | ₹5 Cr | −₹7 Cr |
| Median 8 companies | ₹178.95 | 18.33 | ₹1,221 Cr | 1.15 | 0.74% | 4.77% | 6.41% | ₹2,079 Cr | ₹96 Cr |
Comparable companies in the same industry. Market cap, P/E and P/B use the latest price; other metrics are as reported in filings. A dash means the figure is not published for that company.
Tapetide Score
Data-driven rating, 0–100, as of . How it works →
Overall score
40 Weak
Data confidence 86/100
surveillance:GSM
Category scores
- Quality
- 32
- Poor
- Returns, margins, earnings quality 22% weight
- Valuation
- 57
- Good
- Cheap vs sector & own history 24% weight
- Growth
- 92
- Strong
- Sales & profit trajectory 9% weight
- Financial Health
- 46
- Average
- Solvency, leverage, coverage 9% weight
- Momentum
- 41
- Weak
- Trend strength, vol-adjusted 12% weight
- Ownership
- 50
- Average
- FII/DII/promoter flows 24% weight
Capped: a governance trigger overrides the
fundamentals here (surveillance:GSM ≤ 40).
The Tapetide Score is data analysis, not investment advice. Tapetide is not a SEBI-registered research analyst or investment adviser.
Key Insights
Strengths
1- Debtor days have improved from 94.4 to 16.2 days.
Weaknesses
2- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -48.2% over past five years.
Technical Indicators
| Group | Signal | Bearish | Neutral | Bullish |
|---|---|---|---|---|
| Overall | Bearish | 8 | 6 | 5 |
| Oscillators | Bearish | 2 | 6 | 1 |
| Moving Averages | Strong Bearish | 6 | 0 | 4 |
Oscillators
Bearish
Bearish
2
Neutral
6
Bullish
1
Overall
Bearish
Bearish
8
Neutral
6
Bullish
5
Moving Averages
Strong Bearish
Bearish
6
Neutral
0
Bullish
4
Key readings
- RSI (14)
- 51.75
- Neutral
- MACD (12,26,9)
- −0.25
- Bullish
- SMA (50)
- 16.10
- Bearish
- SMA (200)
- 17.03
- Bearish
As of
Growth Rate
From the financial statements below. 10Y, 5Y, 3Y: compound annual growth to Mar 2026; 1Y: fiscal year to Mar 2026 against Mar 2025; TTM: four quarters to Jun 2026 against Jun 2025.
Revenue
| 10Y | −29.52% |
|---|---|
| 5Y | −48.17% |
| 3Y | −64.89% |
| 1Y | +103.88% |
| TTM | +56.40% |
Net profit
| 10Y | Turned to loss |
|---|---|
| 5Y | Loss narrowed by ₹19.33 Cr |
| 3Y | Loss narrowed by ₹45.36 Cr |
| 1Y | Turned to loss |
| TTM | Turned to loss |
Operating cash flow
| 10Y | Outflow widened by ₹2.36 Cr |
|---|---|
| 5Y | Turned negative |
| 3Y | Outflow narrowed by ₹15.27 Cr |
| 1Y | Outflow widened by ₹0.15 Cr |
| TTM | — |
TTM: Reported once a year, so there is no trailing-twelve-month figure.
Operating margin· change in pp
| 10Y | −13.48 pp |
|---|---|
| 5Y | −11.55 pp |
| 3Y | +13.27 pp |
| 1Y | +17.39 pp |
| TTM | +6.43 pp |
Revenue by year
| Mar 2017 | ₹180 Cr |
|---|---|
| Mar 2018 | ₹208 Cr |
| Mar 2019 | ₹214 Cr |
| Mar 2020 | ₹196 Cr |
| Mar 2021 | ₹126 Cr |
| Mar 2022 | ₹242 Cr |
| Mar 2023 | ₹109 Cr |
| Mar 2024 | ₹3.43 Cr |
| Mar 2025 | ₹2.32 Cr |
| Mar 2026 | ₹4.73 Cr |
Net profit by year
| Mar 2017 | −₹23.46 Cr |
|---|---|
| Mar 2018 | −₹40.19 Cr |
| Mar 2019 | −₹42.24 Cr |
| Mar 2020 | −₹34.56 Cr |
| Mar 2021 | −₹25.85 Cr |
| Mar 2022 | −₹4.69 Cr |
| Mar 2023 | −₹51.88 Cr |
| Mar 2024 | −₹71.14 Cr |
| Mar 2025 | ₹8.19 Cr |
| Mar 2026 | −₹6.52 Cr |
Quarterly Results
₹ Cr| Particulars | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1.3 | 0.55 | 1.36 | 1.57 | 0 | 0 | 0.65 | 1.67 | 1.12 | 1.02 | 1.71 | 0.89 | 1.76 | 1.51 |
| Expenses | 4.46 | 0.78 | 1.74 | 2.24 | 0.24 | 0.27 | 0.84 | 1.84 | 1.28 | 1.21 | 2 | 1.15 | 1.91 | 1.7 |
| Operating Profit | −3.16 | −0.23 | −0.38 | −0.67 | −0.24 | −0.27 | −0.19 | −0.17 | −0.16 | −0.19 | −0.29 | −0.26 | −0.15 | −0.19 |
| OPM % | −243.08% | −41.82% | −27.94% | −42.68% | — | — | −29.23% | −10.18% | −14.29% | −18.63% | −16.96% | −29.21% | −8.52% | −12.58% |
| Other Income | 0.24 | −28.65 | −1.65 | −25.22 | 8.21 | −1.28 | −0.36 | 8.36 | −0.35 | −0.43 | 1.82 | −0.56 | −0.34 | 3.32 |
| Interest | 2.88 | 1.71 | 2.07 | 2.66 | 1.85 | 1.56 | 1.25 | 1.22 | 1.25 | 1.16 | 1.74 | 1.93 | 1.3 | 1.27 |
| Depreciation | 1.45 | 0.02 | 0.01 | 0.37 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| PBT | −7.25 | −30.61 | −4.11 | −28.92 | 6.14 | −3.11 | −1.8 | 6.97 | −1.76 | −1.78 | −0.21 | −2.75 | −1.79 | 1.86 |
| Tax % | 3.72% | 0% | 0% | −0.07% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Net Profit | −7.52 | −30.61 | −4.11 | −28.9 | 6.14 | −3.11 | −1.81 | 6.96 | −1.76 | −1.78 | −0.21 | −2.76 | −1.8 | 1.86 |
| EPS (₹) | −2.34 | −9.51 | −1.28 | −8.97 | 1.91 | −0.97 | −0.56 | 2.16 | −0.55 | −0.55 | −0.07 | −0.86 | −0.56 | — |
Sep 2026: from the results filed on 30 Oct 2026, ahead of the full statement, so some rows are blank.
Profit & Loss
₹ Cr| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 19.49 | 156 | 180 | 208 | 214 | 196 | 126 | 242 | 109 | 3.43 | 2.32 | 4.73 | 5.38 |
| Expenses | 21.42 | 165 | 191 | 231 | 237 | 209 | 136 | 248 | 144 | 4.39 | 3.16 | 5.62 | 6.27 |
| Operating Profit | −1.93 | −8.36 | −11.95 | −22.76 | −22.69 | −13.33 | −9.19 | −5.59 | −35.07 | −0.96 | −0.84 | −0.89 | −0.89 |
| OPM % | −9.9% | −5.34% | −6.66% | −10.94% | −10.59% | −6.8% | −7.27% | −2.31% | −32.09% | −27.99% | −36.21% | −18.82% | −16.54% |
| Other Income | 0.03 | 44.28 | 5.3 | 2.35 | 0.11 | 0.22 | 2.79 | 15.76 | 0.15 | −62.91 | 14.92 | 0.48 | 0.49 |
| Interest | 0.61 | 5.35 | 7.33 | 10.66 | 14.45 | 12.97 | 12.92 | 8.5 | 10.99 | 7.21 | 5.88 | 6.08 | 6.13 |
| Depreciation | 0.54 | 3.66 | 5.77 | 6.83 | 6.61 | 6.62 | 6.33 | 6.17 | 6.12 | 0.06 | 0.02 | 0.01 | 0 |
| PBT | −3.05 | 26.91 | −19.75 | −37.9 | −43.64 | −32.7 | −25.65 | −4.5 | −52.03 | −71.14 | 8.18 | −6.51 | −6.53 |
| Tax % | 1.97% | 38.72% | 18.78% | 6.04% | −3.21% | 5.66% | 0.74% | 4% | −0.31% | 0% | 0% | 0% | — |
| Net Profit | −3.1 | 16.48 | −23.46 | −40.19 | −42.24 | −34.56 | −25.85 | −4.69 | −51.88 | −71.14 | 8.19 | −6.52 | −6.55 |
| EPS (₹) | −0.96 | 5.12 | −7.29 | −12.48 | −13.12 | −10.73 | −8.03 | −1.46 | −16.11 | −22.08 | 2.54 | −2.02 | −2.04 |
| Div. Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | — |
Balance Sheet
₹ Cr| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 10.74 | 10.74 | 10.74 | 10.74 | 10.74 | 10.74 | 10.74 | 10.74 | 10.74 | 10.74 | 32.22 | 32.22 |
| Reserves | 47.82 | 64.37 | 38.39 | −1.85 | −43.99 | −78.68 | −105 | −109 | −161 | −233 | −201 | −208 |
| Borrowings | 89.24 | 81.98 | 81 | 129 | 145 | 177 | 192 | 205 | 224 | 215 | 160 | 166 |
| Other Liabilities | 38.82 | 49.73 | 75.23 | 72.35 | 95.79 | 87.13 | 116 | 80.81 | 61.73 | 52.01 | 27.81 | 27.2 |
| Total Liabilities | 187 | 207 | 205 | 210 | 208 | 196 | 215 | 187 | 135 | 45.33 | 18.92 | 17.85 |
| Fixed Assets | 79.33 | 77.24 | 156 | 155 | 149 | 146 | 139 | 128 | 121 | 26.81 | 0.42 | 0.4 |
| CWIP | 65.1 | 80.17 | 4.44 | 1.13 | 3.02 | 0.83 | 0.89 | 0.4 | 0 | 0 | 0 | 0 |
| Investments | 1 | 12.1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1.34 |
| Other Assets | 41.19 | 37.31 | 44.87 | 53.67 | 55.27 | 49.5 | 74.31 | 58.91 | 13.92 | 18.52 | 18.5 | 16.11 |
| Total Assets | 187 | 207 | 205 | 210 | 208 | 196 | 215 | 187 | 135 | 45.33 | 18.92 | 17.85 |
Cash Flow
₹ Cr| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating | 2.85 | −1.93 | 3.96 | −36.42 | −3.48 | −14.17 | 23.56 | −54.54 | −19.56 | −8.4 | −4.14 | −4.29 |
| Investing | −2.23 | 17.84 | 2.91 | −2.26 | −2.4 | −0.19 | −0.21 | 18.53 | 2.14 | 11.91 | 23.89 | 2.78 |
| Financing | −0.3 | −12.69 | −10.36 | 38.66 | 5.91 | 14.34 | 7.83 | 4.78 | 17.79 | −3.53 | −19.35 | 0.88 |
| Net Cash Flow | 0.32 | 3.22 | −3.48 | −0.02 | 0.03 | −0.01 | 31.18 | −31.23 | 0.38 | −0.01 | 0.4 | −0.63 |
| Free Cash Flow | 0.4 | −17.37 | −5.48 | −39.04 | −5.97 | −14.57 | 23.34 | −36.03 | −17.52 | 3.97 | 19.39 | −0.22 |
| CFO/OP | −148 | −50 | −29 | 160 | 15 | 114 | −257 | 972 | 56 | 881 | 473 | 501 |
Ratios
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 277 | 24.26 | 28.28 | 28.62 | 26.8 | 21.16 | 31.6 | 9.05 | 2.97 | 188 | 78.66 | 16.21 |
| Inventory Days | 463 | 47.75 | 50.99 | 67.59 | 73.09 | 81.14 | 104 | 93.82 | 38.44 | 690 | 0 | 0 |
| Days Payable | 669 | 104 | 157 | 116 | 165 | 164 | 223 | 96.05 | 78.54 | 802 | — | — |
| Cash Conversion Cycle | 71.25 | −31.74 | −78.18 | −19.51 | −64.66 | −61.78 | −87.11 | 6.82 | −37.13 | 76.38 | 78.66 | 16.21 |
| Working Capital Days | −757 | −91.32 | −111 | −67.3 | −113 | −81.8 | −317 | −48.78 | −244 | −9,334 | −8,335 | −2,033 |
| ROCE % | −3.27% | −7.56% | −8.61% | −20.46% | −23.47% | −17.88% | −12.32% | −9.38% | −45.86% | −3.01% | — | — |
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
Log in to view Balkrishna Paper Mills insights
59 extracted metrics across FY15–FY27.
Documents
- 22 May 2026
- 18 Oct 2024
- 30 Sep 2024
- 12 Jul 2023
- 21 Jun 2023
- 13 Apr 2022
- General announcements 21 Oct 2026
Frequently Asked Questions about Balkrishna Paper Mills
What does Balkrishna Paper Mills Ltd do?
Incorporated in 1975, Balkrishna Paper Mills Ltd is in the Paper & Paper Boards business and trading of plastic & packaging materials.
Where is Balkrishna Paper Mills Ltd (BALKRISHNA) listed?
Balkrishna Paper Mills Ltd trades as BALKRISHNA on the NSE and under code 539251 on the BSE.
Which sector does Balkrishna Paper Mills Ltd belong to?
Balkrishna Paper Mills Ltd is classified under the Forest Materials sector, in the Paper & Paper Products industry.
What is the 52-week high and low of Balkrishna Paper Mills Ltd?
Over the last 52 weeks Balkrishna Paper Mills Ltd has traded between ₹12 and ₹24 as of 4 Nov 2026.
Company Information
Incorporated in 1975, Balkrishna Paper Mills Ltd is in the Paper & Paper Boards business and trading of plastic & packaging materials.
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