Aten Papers & Foam Ltd
Incorporated in 2019, Aten Papers & Foam Limited operates as a key intermediary in the paper product supply chain.[1]
- Market Cap ₹ 20.9 Cr.
- Current Price ₹ 20.3
- High / Low ₹ 90.0 / 14.0
- Stock P/E 3.83
- Book Value ₹ 43.2
- Dividend Yield 0.00 %
- ROCE 43.9 %
- ROE 66.5 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
- Stock is trading at 0.47 times its book value
- Company has a good return on equity (ROE) track record: 3 Years ROE 51.0%
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
* 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.
Peer comparison
Commodities Forest Materials Paper, Forest & Jute Products Paper & Paper Products
Part of BSE SME IPO
Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|
| 90 | 91 | 97 | 139 | 147 | |
| 88 | 89 | 92 | 128 | 139 | |
| Operating Profit | 2 | 2 | 5 | 11 | 8 |
| OPM % | 2% | 2% | 5% | 8% | 6% |
| 0 | 0 | 0 | 0 | 0 | |
| Interest | 1 | 1 | 1 | 1 | 1 |
| Depreciation | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 1 | 1 | 4 | 9 | 7 |
| Tax % | 27% | 26% | 25% | 26% | |
| 1 | 0 | 3 | 7 | 5 | |
| EPS in Rs | 7.60 | 5.00 | 27.80 | 10.01 | 6.76 |
| Dividend Payout % | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 16% |
| TTM: | 43% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 110% |
| TTM: | 152% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 51% |
| Last Year: | 67% |
Balance Sheet
Figures in Rs. Crores
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|
| Equity Capital | 1 | 1 | 1 | 7 | 10 |
| Reserves | 3 | 3 | 6 | 7 | 34 |
| 15 | 16 | 16 | 11 | 2 | |
| 9 | 9 | 10 | 10 | 8 | |
| Total Liabilities | 28 | 30 | 33 | 35 | 54 |
| 1 | 1 | 1 | 1 | 1 | |
| CWIP | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 |
| 27 | 29 | 32 | 34 | 54 | |
| Total Assets | 28 | 30 | 33 | 35 | 54 |
Cash Flows
Figures in Rs. Crores
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| 4 | 0 | 2 | 5 | |
| -1 | -0 | 0 | 0 | |
| -3 | -0 | -2 | -6 | |
| Net Cash Flow | -0 | -0 | 0 | -0 |
| Free Cash Flow | 3 | 0 | 2 | 5 |
| CFO/OP | 205% | 39% | 40% | 58% |
Ratios
Figures in Rs. Crores
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| Debtor Days | 107 | 106 | 118 | 85 |
| Inventory Days | 1 | 1 | 2 | 4 |
| Days Payable | 33 | 38 | 36 | 20 |
| Cash Conversion Cycle | 74 | 68 | 83 | 69 |
| Working Capital Days | 24 | 26 | 30 | 38 |
| ROCE % | 9% | 23% | 44% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Acquisition
31 Mar - Board approved SPA to buy 2,74,000 shares (27.4%) of Aten Paper Mill for ~Rs11.78 crore on March 31, 2026.
-
Board Meeting Outcome for Outcome And Intimation Of Board Meeting Under Regulation 30 Of SEBI (LODR) Regulations, 2015 - Acquisition
31 Mar - SPA on 31 Mar 2026 to acquire 2,74,000 shares (27.40%) at Rs430 each (~Rs11.78 crore).
- Closure of Trading Window 28 Mar
-
Submission Of Voting Results Of Extra-Ordinary General Meeting Of The Company Under Regulation 44(3) Of The SEBI (LODR) Regulations, 2015
19 Feb - Submitted voting results of EGM held 18 Feb 2026 at 3:30 PM via VC/OAVM.
-
Shareholder Meeting / Postal Ballot-Scrutinizer"s Report
19 Feb - Scrutinizer report for Extraordinary General Meeting held 18 Feb 2026 via VC/OAVM submitted to BSE.
Annual reports
No data available.
Business Segment[1]
a) Supply of Raw materials to Paper mills:
The company purchases waste paper from stockists and sells it to Paper mills.
b) Middlemen for Paper Mills
The company also procures paper from paper mills and sells it to their clients in the packaging products industry, including Kraft Paper and Duplex Board.