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Malu Paper Mills

MALUPAPER NSE
₹30.51

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P/E
Not meaningful: loss-making over the last twelve months
View as Markdown
MCP
Close 4 Nov 2026 ₹30.51 −7.35 −19.4% 1Y
Start ₹37.86

Key Fundamentals

MicrocapPaper, Forest & Jute ProductsForest Materials

Price-based figures at the close · EPS basis: Standalone · TTM

ROCE
−8.73%
Debt to Equity
Not meaningful: shareholders’ equity is negative
EPS (TTM)
−₹7.16
Book Value
−₹12.81
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
−₹6.30 Cr
52W High
₹44.11
52W Low
₹27.00

Tapetide Score

Data-driven rating, 0–100, as of . How it works →

Overall score

42 Weak

Data confidence 88/100

Category scores

Quality
32
Poor
Returns, margins, earnings quality 22% weight
Valuation
47
Average
Cheap vs sector & own history 24% weight
Growth
55
Good
Sales & profit trajectory 9% weight
Financial Health
20
Poor
Solvency, leverage, coverage 9% weight
Momentum
49
Average
Trend strength, vol-adjusted 12% weight
Ownership
50
Average
FII/DII/promoter flows 24% weight

The Tapetide Score is data analysis, not investment advice. Tapetide is not a SEBI-registered research analyst or investment adviser.

Key Insights

No strengths listed

Weaknesses

1
  • Company has low interest coverage ratio.

Technical Indicators

Technical signals: verdict and indicator counts
GroupSignalBearishNeutralBullish
OverallStrong Bearish1261
OscillatorsBearish261
Moving AveragesStrong Bearish1000

Key readings

RSI (14)
44.04
Neutral
MACD (12,26,9)
−0.38
Bearish
SMA (50)
31.78
Bearish
SMA (200)
32.05
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

Revenue growth by window
10Y+4.18%
5Y+14.39%
3Y+12.48%
1Y+19.78%
TTM+15.36%

Net profit

Net profit growth by window
10YTurned to loss
5YLoss widened by ₹14 Cr
3YLoss widened by ₹10 Cr
1YLoss widened by ₹8 Cr
TTMLoss narrowed by ₹4.10 Cr

Operating cash flow

Operating cash flow growth by window
10Y−9.97%
5Y+11.84%
3YTurned positive
1Y+75.00%
TTM—

TTM: Reported once a year, so there is no trailing-twelve-month figure.

Operating margin· change in pp

Operating margin growth by window
10Y−11.60 pp
5Y−5.63 pp
3Y−1.67 pp
1Y−1.74 pp
TTM+3.05 pp

Revenue by year

Revenue by year, ₹ crore
Mar 2017₹243 Cr
Mar 2018₹279 Cr
Mar 2019₹274 Cr
Mar 2020₹226 Cr
Mar 2021₹170 Cr
Mar 2022₹212 Cr
Mar 2023₹234 Cr
Mar 2024₹274 Cr
Mar 2025₹278 Cr
Mar 2026₹333 Cr

Net profit by year

Net profit by year, ₹ crore
Mar 2017₹3.00 Cr
Mar 2018₹1.00 Cr
Mar 2019₹7.00 Cr
Mar 2020₹1.00 Cr
Mar 2021−₹6.00 Cr
Mar 2022−₹6.00 Cr
Mar 2023−₹10.00 Cr
Mar 2024₹1.00 Cr
Mar 2025−₹12.00 Cr
Mar 2026−₹20.00 Cr

Quarterly Results

₹ Cr
MALUPAPER quarterly results, ₹ crore
Particulars Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026
Sales
70
68.15
61.51
75.39
57.66
64.83
62.75
93.2
94.43
56.49
76.9
107
124
118
Expenses
65.86
64.04
57.2
70.59
56.76
65.76
63.8
92.51
99.19
59.63
79.99
102
118
111
Operating Profit
4.14
4.11
4.31
4.8
0.9
−0.93
−1.05
0.69
−4.76
−3.14
−3.09
4.49
5.85
6.7
OPM %
5.91%
6.03%
7.01%
6.37%
1.56%
−1.43%
−1.67%
0.74%
−5.04%
−5.56%
−4.02%
4.21%
4.74%
5.69%
Other Income
0
0
0
0
0
0
0
0
0
0
0
0
0
—
Interest
2.58
2.62
2.58
3.1
2.41
2.68
2.82
3.51
2.54
3.11
2.92
2.82
2.59
2.31
Depreciation
1.25
1.25
1.25
1.26
1.29
1.29
1.3
1.45
1.37
1.37
1.37
1.37
1.43
1.43
PBT
0.31
0.24
0.48
0.45
−2.8
−4.9
−5.17
−4.27
−8.67
−7.63
−7.38
0.3
1.83
3.06
Tax %
16.13%
25%
27.08%
79.55%
−29.64%
−25.1%
−29.01%
−33.96%
−29.18%
−26.64%
−30.89%
1030%
30.05%
18.63%
Net Profit
0.26
0.17
0.36
0.1
−1.97
−3.67
−3.67
−2.82
−6.15
−5.59
−5.1
−2.8
1.28
2.49
EPS (₹)
0.15
0.1
0.21
0.06
−1.15
−2.15
−2.15
−1.65
−3.61
−3.28
−2.99
−1.64
0.75
—

Sep 2026: from the results filed on 30 Oct 2026, ahead of the full statement, so some rows are blank.

Profit & Loss

₹ Cr
MALUPAPER profit and loss, annual, ₹ crore
Particulars Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales
224
221
243
279
274
226
170
212
234
274
278
333
364
Expenses
201
200
220
261
251
213
164
208
235
258
279
340
360
Operating Profit
23
21
22
18
23
13
6
4
−1
17
−1
−7
4
OPM %
10%
9%
9%
6%
9%
6%
3.4%
1.7%
−0.4%
6%
−0.3%
−2.1%
1.1%
Other Income
0
2
1
1
1
1
1
1
1
1
1
1
0
Interest
16
16
14
12
10
8
8
8
9
11
11
11
11
Depreciation
5
5
5
5
5
5
5
5
5
5
5
6
6
PBT
3
3
4
2
10
1
−6
−8
−14
1
−17
−23
−13
Tax %
31%
31%
31%
32%
26%
39%
−6%
−24%
−25%
39%
−29%
−16%
—
Net Profit
2
2
3
1
7
1
−6
−6
−10
1
−12
−20
−12
EPS (₹)
1.1
1.14
1.69
0.86
4.35
0.39
−3.38
−3.67
−6.13
0.53
−7.11
−11.45
−7.16
Div. Payout %
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
—

Balance Sheet

₹ Cr
MALUPAPER balance sheet, annual, ₹ crore
Particulars Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital
17
17
17
17
17
17
17
17
17
17
17
17
Reserves
−4
−2
7
7
14
14
7
0
−11
−10
−23
−43
Borrowings
111
108
110
101
89
88
93
104
123
132
145
155
Other Liabilities
34
33
18
34
21
22
33
34
22
29
34
51
Total Liabilities
157
156
152
159
140
140
151
155
151
167
172
181
Fixed Assets
92
89
84
80
79
80
76
71
68
65
67
68
CWIP
0
0
0
1
1
0
0
0
0
5
0
0
Investments
0
0
0
0
0
0
0
0
0
0
0
0
Other Assets
65
66
67
77
60
60
74
84
83
97
105
113
Total Assets
157
156
152
159
140
140
151
155
151
167
172
181

Cash Flow

₹ Cr
MALUPAPER cash flow, annual, ₹ crore
Particulars Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating
19
20
20
19
19
15
4
−2
−9
9
4
7
Investing
−3
−2
1
3
−4
−4
−1
0
−2
−8
−3
−7
Financing
−16
−19
−22
−22
−16
−11
−2
2
11
−2
−1
−1
Net Cash Flow
0
0
0
0
−1
1
0
0
0
0
0
0
Free Cash Flow
16
19
20
18
15
11
2
−2
−11
2
1
1
CFO/OP
89
102
91
109
80
120
61
−62
964
55
−411
−104

Ratios

MALUPAPER financial ratios, annual
Particulars Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days
35
38
35
36
32
42
70
51
35
41
45
43
Inventory Days
50
49
57
62
61
62
101
99
90
108
89
70
Days Payable
44
42
42
64
44
58
115
77
43
55
54
77
Cash Conversion Cycle
40
45
50
34
49
46
56
73
82
94
80
36
Working Capital Days
−2
2
−51
−53
−58
−78
−112
−99
−95
−84
−108
−121
ROCE %
15%
15%
15%
11%
16%
8%
1%
0%
−4%
9%
−4%
−9%

Insights

Beta

AI-extracted from concalls & annual reports · figures as reported, with sources

Log in to view Malu Paper Mills insights

62 extracted metrics across FY10–FY27.

Shareholding Pattern

As of Sep 2026

  • Promoters 69.80%
  • Public 24.28%
  • Others 5.92%

No promoter shares pledged as of Sep 2026

Change vs previous quarter

Documents

Frequently Asked Questions about Malu Paper Mills

What does Malu Paper Mills Ltd do?
Incorporated in 1996, Malu Paper Mills Ltd is engaged in manufacturing of Pulp & Paper.
Where is Malu Paper Mills Ltd (MALUPAPER) listed?
Malu Paper Mills Ltd trades as MALUPAPER on the NSE and under code 532728 on the BSE.
Which sector does Malu Paper Mills Ltd belong to?
Malu 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 Malu Paper Mills Ltd?
Over the last 52 weeks Malu Paper Mills Ltd has traded between ₹27 and ₹44.11 as of 4 Nov 2026.

Company Information

Incorporated in 1996, Malu Paper Mills Ltd is engaged in manufacturing of Pulp & Paper.

Website malupaper.com
CEO Mr. Punamchand Ramlal Malu
Employees 257
Listed 5 Apr 2006
Face Value ₹10

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