Banganga Paper Industries Ltd
Incorporated in 1984, Banganga Paper Industries Ltd manufacturers and suppliers of a diverse range of Kraft paper[1]
- Market Cap ₹ 829 Cr.
- Current Price ₹ 51.7
- High / Low ₹ 90.3 / 32.1
- Stock P/E 439
- Book Value ₹ 1.37
- Dividend Yield 0.00 %
- ROCE 27.0 %
- ROE 23.7 %
- Face Value ₹ 1.00
Pros
- Debtor days have improved from 105 to 40.9 days.
- Company's working capital requirements have reduced from 135 days to 18.0 days
Cons
- Stock is trading at 37.3 times its book value
- Promoter holding has decreased over last quarter: -43.8%
- Promoter holding is low: 27.3%
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|
| 0.39 | 58.09 | 85.46 | |
| 0.41 | 53.34 | 79.85 | |
| Operating Profit | -0.02 | 4.75 | 5.61 |
| OPM % | -5.13% | 8.18% | 6.56% |
| 0.00 | 0.15 | 0.14 | |
| Interest | 0.00 | 0.83 | 1.47 |
| Depreciation | 0.00 | 1.41 | 1.65 |
| Profit before tax | -0.02 | 2.66 | 2.63 |
| Tax % | 0.00% | 29.32% | |
| -0.02 | 1.88 | 1.89 | |
| EPS in Rs | 0.16 | 0.15 | |
| Dividend Payout % | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 127% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 115% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 53% |
| 1 Year: | -33% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| Last Year: | 24% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|
| Equity Capital | 0.25 | 11.98 | 11.98 |
| Reserves | 0.03 | 3.63 | 4.45 |
| 0.00 | 10.01 | 7.88 | |
| 0.24 | 13.39 | 14.58 | |
| Total Liabilities | 0.52 | 39.01 | 38.89 |
| 0.00 | 17.02 | 16.64 | |
| CWIP | 0.00 | 0.06 | 0.14 |
| Investments | 0.00 | 1.25 | 1.26 |
| 0.52 | 20.68 | 20.85 | |
| Total Assets | 0.52 | 39.01 | 38.89 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2024 | Mar 2025 | |
|---|---|---|
| -0.15 | -2.36 | |
| 0.13 | -19.58 | |
| 0.00 | 22.61 | |
| Net Cash Flow | -0.02 | 0.68 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2024 | Mar 2025 | |
|---|---|---|
| Debtor Days | 168.46 | 40.90 |
| Inventory Days | 0.00 | 53.25 |
| Days Payable | 79.31 | |
| Cash Conversion Cycle | 168.46 | 14.84 |
| Working Capital Days | 252.69 | 17.97 |
| ROCE % | 26.95% |
Insights
In beta| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|---|---|---|
| Steel Trading Volume Metric Tons (MT) ・Standalone data |
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| Annual Installed Manufacturing Capacity Metric Tons (MT) |
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| Kraft Paper Production Volume Metric Tons (MT) |
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| Manufacturing Capacity Utilization % |
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| Manufacturing Facility Area Sq Mt |
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| Team Size / Employees Number |
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| Types of Papers Manufactured Number |
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| Water and Chemical Reuse Rate % |
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Documents
Announcements
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Board Meeting Outcome for Outcome Of Board Meeting Held On March 21, 2026 Under Regulation 30 Of SEBI (LODR) Regulations, 2015
1d - Appointed Shri Rohit Jain as Chairman Emeritus & Strategic Advisor from March 21, 2026 for five years.
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Letter of Offer
2d - Acquirers to buy 9,17,41,759 shares (26%) at Rs1.45; SPA and preferential allotments trigger control; offer Apr 6–20, 2026.
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Corrigendum to the Detailed Public Statement
2d - Corrigendum revises schedule for open offer to acquire 91,741,759 shares (26%) at Rs1.45; open 06-Apr-2026 close 20-Apr-2026.
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
19 Mar - Appoints Ronak Jain MD; Priyanka Jain Additional Director; Binit Singhania CFO; effective March 19, 2026.
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Board Meeting Outcome for Outcome Of Board Meeting Held On March 19Th, 2026 Under Regulation 30 Of SEBI (LODR) Regulations, 2015
19 Mar - Board (19-Mar-2026) appointed Ronak Jain as MD (shareholders' approval pending); Priyanka Jain and Binit Singhania appointed; Binit CFO.
Annual reports
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Financial Year 2025
from bse
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
from bse
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Financial Year 2011
from bse
Business Overview:[1]
BPIL is a manufacturer of craft paper,
catering to various industries. Its subsidiary, Banganga Paper Mills, operates a modern facility in Dindori, Nasik. The facility produces corrugated papers and craft paper in different GSM ranges, used in paper bags, cones, boards, and corrugated boxes. The company manufactures its products using recycled paper and reuses 90-95% of water and chemicals