Three M Paper Boards Ltd
Incorporated in 1989, Three M Paper Boards Ltd is engaged in the manufacture of Duplex Boards.[1]
- Market Cap ₹ 45.3 Cr.
- Current Price ₹ 23.6
- High / Low ₹ 54.0 / 18.3
- Stock P/E 6.32
- Book Value ₹ 57.7
- Dividend Yield 0.00 %
- ROCE 7.41 %
- ROE 6.67 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.41 times its book value
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- Tax rate seems low
- Company has a low return on equity of 11.7% over last 3 years.
* 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.
Half Yearly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| 187 | 165 | 313 | 327 | 272 | 266 | 297 | |
| 177 | 151 | 298 | 308 | 249 | 244 | 279 | |
| Operating Profit | 11 | 14 | 15 | 19 | 23 | 22 | 18 |
| OPM % | 6% | 9% | 5% | 6% | 9% | 8% | 6% |
| 1 | 0 | 3 | 2 | 4 | 3 | 3 | |
| Interest | 7 | 7 | 7 | 10 | 7 | 6 | 7 |
| Depreciation | 6 | 6 | 6 | 6 | 7 | 7 | 8 |
| Profit before tax | -1 | 2 | 5 | 6 | 13 | 12 | 6 |
| Tax % | 188% | 26% | 29% | -11% | 13% | 17% | -11% |
| -3 | 2 | 3 | 7 | 11 | 10 | 7 | |
| EPS in Rs | -46.56 | 26.41 | 50.08 | 101.07 | 8.36 | 5.19 | 3.73 |
| Dividend Payout % | -0% | -0% | -0% | -0% | -0% | -0% | -0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 12% |
| 3 Years: | -3% |
| TTM: | 12% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 32% |
| 3 Years: | 3% |
| TTM: | -28% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -48% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 12% |
| 3 Years: | 12% |
| Last Year: | 7% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 7 | 7 | 7 | 7 | 13 | 19 | 19 |
| Reserves | 29 | 31 | 34 | 41 | 47 | 85 | 92 |
| 55 | 54 | 78 | 82 | 73 | 62 | 75 | |
| 48 | 51 | 63 | 60 | 62 | 74 | 85 | |
| Total Liabilities | 138 | 142 | 182 | 189 | 195 | 241 | 271 |
| 74 | 71 | 69 | 78 | 76 | 85 | 107 | |
| CWIP | -0 | -0 | 1 | -0 | 2 | 15 | 1 |
| Investments | -0 | 1 | 1 | 1 | 1 | 1 | 1 |
| 65 | 70 | 110 | 110 | 116 | 139 | 162 | |
| Total Assets | 138 | 142 | 182 | 189 | 195 | 241 | 271 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| 13 | 12 | -10 | 24 | 11 | 10 | 8 | |
| -3 | -4 | -6 | -18 | -5 | -27 | -14 | |
| -8 | -8 | 16 | -5 | -12 | 17 | 7 | |
| Net Cash Flow | 2 | -0 | 0 | -0 | -5 | 0 | -0 |
| Free Cash Flow | 10 | 9 | -15 | 10 | 5 | -19 | -9 |
| CFO/OP | 131% | 82% | -69% | 122% | 63% | 55% | 56% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Debtor Days | 52 | 64 | 54 | 47 | 73 | 81 | 78 |
| Inventory Days | 90 | 126 | 46 | 71 | 64 | 94 | 106 |
| Days Payable | 125 | 186 | 100 | 93 | 101 | 130 | 135 |
| Cash Conversion Cycle | 16 | 4 | -1 | 25 | 36 | 45 | 49 |
| Working Capital Days | -9 | -1 | 20 | 15 | 31 | 45 | 33 |
| ROCE % | 10% | 12% | 13% | 16% | 12% | 7% |
Insights
In beta| Mar 2024 | Mar 2025 | |
|---|---|---|
| Export Revenue Share % |
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| Production Volume MT |
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| Sales Volume (Paper and Paperboard) MT |
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| Capacity Utilization % |
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| Installed Capacity MT |
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Extracted by Screener AI
Documents
Announcements
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Disclosure As per Regulation 29(2) Of SEBI (Substantial Acquisition Of Shares And Takeovers) Regulations, 2011
2d - Promoter Hitendra Shah bought 2,000 shares on July 23, 2026; holding rose to 47.56%.
-
Reporting Under Regulation 7(1)(B) Of The SEBI (Prohibition Of Insider Trading) Regulations, 2015
2d - Promoter Hitendra Dhanji Shah bought 2,000 shares on 23 July 2026, raising holding to 91,48,760 shares.
-
Reporting Under Regulation 7(1)(B) Of The SEBI (Prohibition Of Insider Trading) Regulations, 2015
22 Jul - Promoter Hitendra Dhanji Shah bought 2,000 shares on July 22, 2026, raising holding to 47.55%.
-
Disclosure As per Regulation 29(2) Of SEBI (Substantial Acquisition Of Shares And Takeovers) Regulations, 2011
22 Jul - Promoter Hitendra Dhanji Shah acquired 2,000 shares on July 22, 2026, raising stake to 47.55%.
-
Statement On Investor Complaints For The Quarter Ended June 30, 2026
21 Jul - Investor complaints statement for quarter ended June 30, 2026 shows nil complaints.
Business Overview:[1][2][3]
TMPBL is engaged in the manufacturing of recycled paper-based duplex board products used in packaging applications across industries, viz., food and beverage, pharmaceuticals, cosmetics, and consumer goods. It supplies its high-quality duplex board paper products in both the domestic and international markets. Apart from this, the company is also engaged in the activity of generating wind energy.