Ganga Papers India Ltd
₹ 83.3
-2.16%
08 Dec
3:40 p.m.
About
Incorporated in 1985, Ganga Papers India Ltd manufactures paper and paper products[1]
Key Points
- Market Cap ₹ 89.8 Cr.
- Current Price ₹ 83.3
- High / Low ₹ 118 / 75.1
- Stock P/E 59.5
- Book Value ₹ 29.0
- Dividend Yield 0.00 %
- ROCE 6.44 %
- ROE 5.19 %
- Face Value ₹ 10.0
Pros
Cons
- Stock is trading at 2.94 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- Company has a low return on equity of 7.45% over last 3 years.
- Company might be capitalizing the interest cost
* 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.
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Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 67 | 74 | 74 | 81 | 102 | 132 | 140 | 177 | 282 | 297 | 246 | 257 | 268 | |
| 63 | 71 | 71 | 77 | 98 | 126 | 133 | 168 | 271 | 288 | 239 | 251 | 261 | |
| Operating Profit | 4 | 3 | 3 | 4 | 4 | 6 | 7 | 8 | 12 | 9 | 7 | 6 | 6 |
| OPM % | 6% | 4% | 5% | 5% | 4% | 5% | 5% | 5% | 4% | 3% | 3% | 2% | 2% |
| 0 | 0 | 0 | 0 | -0 | 1 | 1 | 2 | 0 | 0 | 0 | 0 | 0 | |
| Interest | 3 | 2 | 2 | 2 | 2 | 3 | 3 | 2 | 3 | 3 | 3 | 2 | 2 |
| Depreciation | 0 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 |
| Profit before tax | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 6 | 7 | 4 | 2 | 2 | 2 |
| Tax % | 2% | 11% | 9% | -35% | 3% | 19% | 11% | 25% | 26% | 27% | 26% | 25% | |
| 1 | 1 | 1 | 2 | 1 | 2 | 2 | 4 | 5 | 3 | 1 | 2 | 2 | |
| EPS in Rs | 1.20 | 0.95 | 0.98 | 1.61 | 1.38 | 1.52 | 1.72 | 3.83 | 4.97 | 3.01 | 1.37 | 1.44 | 1.41 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 13% |
| 5 Years: | 13% |
| 3 Years: | -3% |
| TTM: | 7% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 4% |
| 5 Years: | -4% |
| 3 Years: | -34% |
| TTM: | -3% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 24% |
| 5 Years: | 24% |
| 3 Years: | 2% |
| 1 Year: | -21% |
| Return on Equity | |
|---|---|
| 10 Years: | 13% |
| 5 Years: | 13% |
| 3 Years: | 7% |
| Last Year: | 5% |
Balance Sheet
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 |
| Reserves | -4 | -4 | -3 | -1 | 1 | 2 | 4 | 8 | 14 | 17 | 18 | 20 | 20 |
| 22 | 23 | 19 | 24 | 32 | 37 | 37 | 39 | 41 | 44 | 37 | 35 | 41 | |
| 5 | 7 | 10 | 9 | 9 | 13 | 15 | 25 | 29 | 22 | 17 | 20 | 23 | |
| Total Liabilities | 34 | 37 | 37 | 43 | 52 | 63 | 67 | 83 | 95 | 94 | 84 | 86 | 95 |
| 10 | 9 | 8 | 8 | 7 | 28 | 28 | 25 | 23 | 22 | 20 | 25 | 24 | |
| CWIP | 2 | 2 | 3 | 7 | 22 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 22 | 26 | 26 | 29 | 23 | 35 | 40 | 57 | 72 | 72 | 63 | 61 | 71 | |
| Total Assets | 34 | 37 | 37 | 43 | 52 | 63 | 67 | 83 | 95 | 94 | 84 | 86 | 95 |
Cash Flows
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 14 | 1 | 2 | 2 | 8 | 0 | 7 | 1 | 2 | -7 | 9 | 8 | |
| -4 | -0 | -0 | -5 | -14 | -2 | -1 | -0 | -0 | -0 | -0 | -7 | |
| -10 | -1 | -5 | 3 | 7 | 2 | -2 | 0 | 0 | 1 | -10 | -3 | |
| Net Cash Flow | 0 | -0 | -3 | 0 | 0 | 0 | 4 | 1 | 2 | -6 | -1 | -3 |
Ratios
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 26 | 31 | 39 | 43 | 28 | 48 | 43 | 69 | 42 | 46 | 54 | 55 |
| Inventory Days | 99 | 83 | 103 | 88 | 53 | 49 | 49 | 14 | 25 | 40 | 39 | 33 |
| Days Payable | 32 | 34 | 57 | 49 | 38 | 46 | 50 | 51 | 29 | 25 | 22 | 26 |
| Cash Conversion Cycle | 93 | 80 | 85 | 82 | 42 | 50 | 42 | 32 | 39 | 61 | 71 | 62 |
| Working Capital Days | -7 | -7 | 1 | 5 | -8 | 0 | -6 | 8 | 8 | 8 | 14 | 9 |
| ROCE % | 12% | 10% | 10% | 10% | 9% | 11% | 11% | 14% | 16% | 10% | 7% | 6% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
17 Nov - Newspaper Advertisement for the Unaudited Financial Results for the financial year for the period ended 30.09.2025.
- Financial Results For The Quarter 2 And Half Year Ended September 30, 2025. 14 Nov
-
Board Meeting Outcome for Board Meeting Outcome Held On 14Th November 2025.
14 Nov - Ganga Papers approved unaudited Q2/H1 results for Sept 30, 2025; limited review; trading window opens after 48 hours.
-
Board Meeting Intimation for Intimation Of Date Of Board Meeting Under Regulation 29 Of SEBI (LODR) Regulations, 2015.
7 Nov - Board meeting Nov 14, 2025 to approve unaudited Q2/H1 results for Sept 30, 2025.
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
9 Oct - Reg 74(5) certificate confirming dematerialisation processing for quarter 01-Jul to 30-Sep-2025.
Annual reports
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Financial Year 2025
from bse
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Financial Year 2024
from bse
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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
from bse
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Financial Year 2019
from bse
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Financial Year 2018
from bse
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Financial Year 2017
from bse
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Financial Year 2016
from bse
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Financial Year 2015
from bse
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Financial Year 2014
from bse
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Financial Year 2013
from bse
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Financial Year 2012
from bse
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Financial Year 2011
from bse
Business Overview:[1][2]
GPIL (formerly Kasat Paper and Pulp
Ltd) is in the business of manufacturing
kraft paper, writing paper, newsprint paper,
pulp and paper products which are primarily
used for industrial, packaging, stationery, and textbook purposes. The company uses recycled grades of waste paper as a prime source of raw material & makes 100 % eco-friendly paper.