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Tamil Nadu Newsprint & Papers

TNPL NSE
₹139.90 +5.18 (+3.85%)
P/E
3.71
View as Markdown
MCP
Close 4 Nov 2026 ₹139.90 −11.42 −7.55% 1Y
Start ₹151.32

Key Fundamentals

MicrocapPaper, Forest & Jute ProductsForest Materials

Price-based figures as of · EPS basis: Standalone · TTM

ROCE
6.41%
Debt to Equity
0.70
EPS (TTM)
₹37.70
Book Value
₹334.60
Market Cap
—
P/E (TTM)
3.71
P/B
0.42
ROE
11.20%
Dividend Yield
2.97%
EBITDA
₹557 Cr
52W High
₹166.00
52W Low
₹121.51
Day Range
₹133.15 – ₹140.90
Volume
3,54,847

Peer Comparison

Commodities › Forest Materials › Paper & Paper Products

Tamil Nadu Newsprint & Papers peer comparison
JK Paper
₹368.3020.58₹6,706 Cr1.181.09%4.77%7.39%₹7,319 Cr₹328 Cr
West Coast Paper Mills
₹829.7023.86₹5,327 Cr1.520.37%4.25%6.17%₹4,375 Cr₹238 Cr
Seshasayee Paper & Boards
₹217.9913.88₹1,302 Cr0.650.97%4.10%5.60%₹1,817 Cr₹99 Cr
Andhra Paper
₹64.1146.12₹1,267 Cr0.650.79%−1.66%0.04%₹1,702 Cr₹28 Cr
N R Agarwal Industries
₹669.4018.33₹1,174 Cr1.400.28%6.04%8.49%₹2,340 Cr₹62 Cr
Tamil Nadu Newsprint & Papers (this company)
₹139.903.71₹929 Cr0.422.97%11.20%6.41%₹4,649 Cr₹261 Cr
Pudumjee Paper Products
₹87.649.14₹830 Cr1.150.69%12.80%18.10%₹814 Cr₹92 Cr
Median 7 companies₹217.9918.33₹1,267 Cr1.150.79%4.77%6.41%₹2,340 Cr₹99 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

52 Average

Data confidence 100/100

Category scores

Quality
58
Good
Returns, margins, earnings quality 22% weight
Valuation
91
Strong
Cheap vs sector & own history 24% weight
Growth
33
Poor
Sales & profit trajectory 9% weight
Financial Health
16
Poor
Solvency, leverage, coverage 9% weight
Momentum
32
Poor
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

Strengths

2
  • Stock is trading at 0.43 times its book value
  • Company has been maintaining a healthy dividend payout of 195%

Weaknesses

5
  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of 10.9% over past five years.
  • Company has a low return on equity of 7.07% over last 3 years.
  • Contingent liabilities of Rs.522 Cr.
  • Debtor days have increased from 38.6 to 48.2 days.

Technical Indicators

Technical signals: verdict and indicator counts
GroupSignalBearishNeutralBullish
OverallBearish847
OscillatorsBullish243
Moving AveragesStrong Bearish604

Key readings

RSI (14)
54.12
Neutral
MACD (12,26,9)
−3.27
Bullish
SMA (50)
143.29
Bearish
SMA (200)
142.87
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+6.75%
5Y+10.91%
3Y−3.57%
1Y+3.43%
TTM+2.94%

Net profit

Net profit growth by window
10Y−0.47%
5YTurned to profit
3Y−13.86%
1YTiny base
TTMTurned to profit

Operating cash flow

Operating cash flow growth by window
10Y−0.39%
5Y+7.10%
3Y−9.68%
1Y+4.56%
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−13.09 pp
5Y+0.97 pp
3Y−9.06 pp
1Y+0.76 pp
TTM+2.19 pp

Revenue by year

Revenue by year, ₹ crore
Mar 2017₹2,958 Cr
Mar 2018₹3,098 Cr
Mar 2019₹4,083 Cr
Mar 2020₹3,471 Cr
Mar 2021₹2,768 Cr
Mar 2022₹4,020 Cr
Mar 2023₹5,180 Cr
Mar 2024₹4,690 Cr
Mar 2025₹4,491 Cr
Mar 2026₹4,645 Cr

Net profit by year

Net profit by year, ₹ crore
Mar 2017₹265 Cr
Mar 2018−₹42.00 Cr
Mar 2019₹94.00 Cr
Mar 2020₹130 Cr
Mar 2021−₹65.00 Cr
Mar 2022₹14.00 Cr
Mar 2023₹388 Cr
Mar 2024₹208 Cr
Mar 2025₹4.00 Cr
Mar 2026₹248 Cr

Quarterly Results

₹ Cr
TNPL quarterly results, ₹ crore
Particulars Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales
1,263
958
1,241
1,229
1,117
914
1,124
1,337
1,142
1,110
1,121
1,272
1,147
Expenses
949
801
1,104
1,069
969
790
1,071
1,234
1,041
987
1,005
1,131
1,032
Operating Profit
314
157
137
160
148
124
52.82
103
101
123
116
141
115
OPM %
24.86%
16.36%
11.05%
13.03%
13.24%
13.57%
4.7%
7.71%
8.88%
11.09%
10.31%
11.06%
10.02%
Other Income
10.94
19.92
18.6
21.19
13.28
14.16
12.93
57.02
12.45
18.24
24.96
20.23
13.74
Interest
54.94
58.06
57.07
53.41
52.55
57.24
53.94
52.39
48.41
50.02
49.8
44.94
42.9
Depreciation
69.66
70.79
75.4
74.65
74.49
75.89
76.45
76.9
77.33
78.42
78.98
78.17
78.03
PBT
200
47.82
23.3
53.39
34.06
5.05
−64.64
30.83
−11.82
12.93
11.79
37.7
7.68
Tax %
35.75%
36.64%
30.47%
38.21%
35.67%
48.71%
−33.65%
28.25%
−37.31%
37.35%
42.58%
−537.4%
25.26%
Net Profit
129
30.3
16.2
32.99
21.91
2.59
−42.89
22.12
−7.41
8.1
6.77
240
5.74
EPS (₹)
18.59
4.38
2.34
4.77
3.17
0.37
−6.2
3.2
−1.07
1.17
0.98
34.72
0.83

Profit & Loss

₹ Cr
TNPL profit and loss, annual, ₹ crore
Particulars Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales
2,136
2,418
2,958
3,098
4,083
3,471
2,768
4,020
5,180
4,690
4,491
4,645
4,649
Expenses
1,630
1,851
2,229
2,693
3,434
2,863
2,508
3,662
4,174
3,920
4,060
4,164
4,155
Operating Profit
506
567
729
405
649
608
260
358
1,006
770
431
481
494
OPM %
24%
23%
25%
13%
16%
18%
9%
9%
19%
16%
10%
10%
11%
Other Income
17
22
37
34
−34
36
70
49
43
69
95
75.88
77
Interest
155
122
252
245
233
223
193
156
182
223
216
193
188
Depreciation
137
144
208
222
227
231
235
229
264
291
304
313
314
PBT
230
324
306
−28
155
191
−99
22
603
325
5
51
70
Tax %
28%
20%
14%
51%
39%
32%
−34%
35%
36%
36%
30%
−390%
—
Net Profit
167
260
265
−42
94
130
−65
14
388
208
4
248
261
EPS (₹)
24.09
37.54
38.23
−6.09
13.64
18.79
−9.41
2.07
56.04
30.08
0.54
35.8
37.7
Div. Payout %
25%
20%
20%
Not meaningful for this period: the ratio divides by a base close to zero, so it is left blank rather than shown as a very large number.
55%
32%
Not meaningful for this period: the ratio divides by a base close to zero, so it is left blank rather than shown as a very large number.
194%
9%
13%
560%
11%
—

Balance Sheet

₹ Cr
TNPL balance sheet, annual, ₹ crore
Particulars Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital
69
69
69
69
69
69
69
69
69
69
69
69
Reserves
1,132
1,440
1,635
1,534
1,582
1,644
1,527
1,520
1,875
2,020
2,018
2,247
Borrowings
2,066
2,687
2,823
2,426
1,959
2,205
2,733
2,239
1,871
1,801
1,604
1,613
Other Liabilities
1,430
1,222
1,106
1,496
1,921
1,659
1,653
1,946
2,308
2,154
2,191
2,281
Total Liabilities
4,697
5,419
5,634
5,525
5,531
5,577
5,983
5,774
6,123
6,045
5,883
6,210
Fixed Assets
2,410
2,432
4,099
4,071
3,888
3,742
3,515
3,303
4,463
4,307
4,109
3,891
CWIP
631
1,815
59
18
14
62
939
1,357
20
16
55
473
Investments
1
6
1
1
1
0
1
1
1
1
1
1
Other Assets
1,656
1,166
1,475
1,435
1,628
1,773
1,528
1,113
1,639
1,721
1,718
1,844
Total Assets
4,697
5,419
5,634
5,525
5,531
5,577
5,983
5,774
6,123
6,045
5,883
6,210

Cash Flow

₹ Cr
TNPL cash flow, annual, ₹ crore
Particulars Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating
404
620
284
833
819
241
423
1,111
809
419
570
596
Investing
−741
−894
−90
−115
−47
−207
−682
−353
−104
−136
−162
−387
Financing
345
270
−253
−574
−849
−36
333
−760
−652
−270
−493
−161
Net Cash Flow
8
−4
−59
144
−77
−1
74
−2
53
14
−86
48
Free Cash Flow
−347
−283
185
711
765
28
−262
754
701
277
400
199
CFO/OP
90
119
49
209
132
48
163
310
89
62
135
121

Ratios

TNPL financial ratios, annual
Particulars Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days
86
73
66
71
39
55
50
23
23
35
32
48
Inventory Days
224
155
269
142
229
286
269
104
259
262
217
191
Days Payable
285
234
255
225
321
336
331
261
346
270
262
292
Cash Conversion Cycle
25
−6
80
−12
−53
6
−12
−134
−64
28
−13
−53
Working Capital Days
−77
−89
−77
−98
−70
−69
−91
−106
−81
−68
−72
−65
ROCE %
13%
12%
13%
5%
12%
11%
2%
4%
21%
14%
6%
6%

Insights

Beta

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

Log in to view Tamil Nadu Newsprint & Papers insights

64 extracted metrics across FY05–FY27.

Shareholding Pattern

As of Sep 2026

  • Promoters 35.32%
  • Public 28.96%
  • Others 19.71%
  • DIIs 6.57%
  • FIIs 5.39%
  • Government 4.06%

No promoter shares pledged as of Sep 2026

Change vs previous quarter

Not shown for some quarters: Others. Not available separately for this quarter: the shareholding filing gives Public and Others as one figure, shown under Public, so Others is left blank rather than estimated.

Documents

Frequently Asked Questions about Tamil Nadu Newsprint & Papers

What does Tamil Nadu Newsprint & Papers Ltd do?
Incorporated in 1979, Tamil Nadu Newsprint & Papers Ltd manufactures and markets Paper, Paper Board, Cement, and does Generation of Power
Where is Tamil Nadu Newsprint & Papers Ltd (TNPL) listed?
Tamil Nadu Newsprint & Papers Ltd trades as TNPL on the NSE and under code 531426 on the BSE.
Which sector does Tamil Nadu Newsprint & Papers Ltd belong to?
Tamil Nadu Newsprint & Papers Ltd is classified under the Forest Materials sector, in the Paper & Paper Products industry.
What is the PE ratio of Tamil Nadu Newsprint & Papers Ltd?
Tamil Nadu Newsprint & Papers Ltd trades at a PE ratio of 3.71 as of 4 Nov 2026, on earnings per share of ₹37.7, against a book value of ₹334.6 per share.
What is the 52-week high and low of Tamil Nadu Newsprint & Papers Ltd?
Over the last 52 weeks Tamil Nadu Newsprint & Papers Ltd has traded between ₹121.51 and ₹166 as of 4 Nov 2026.
Does Tamil Nadu Newsprint & Papers Ltd pay dividends?
Tamil Nadu Newsprint & Papers Ltd has a dividend yield of 2.97%.
What is the Return on Equity (ROE) of Tamil Nadu Newsprint & Papers Ltd?
Tamil Nadu Newsprint & Papers Ltd reported a return on equity of 11.20%. Its debt-to-equity ratio is 0.70.

Company Information

Incorporated in 1979, Tamil Nadu Newsprint & Papers Ltd manufactures and markets Paper, Paper Board, Cement, and does Generation of Power

Website tnpl.com
CEO Dr. Sandeep Kumar Saxena IAS.
Employees 2,866
Listed 14 Feb 1996
Face Value ₹10

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