Andhra Paper Ltd
Andhra Paper is engaged in the Business of Manufacture and sale of paper, pulp and paper & paper board.
[1]
- Market Cap ₹ 1,259 Cr.
- Current Price ₹ 62.8
- High / Low ₹ 98.0 / 57.0
- Stock P/E 67.6
- Book Value ₹ 97.5
- Dividend Yield 1.59 %
- ROCE 1.98 %
- ROE 0.96 %
- Face Value ₹ 2.00
Pros
- Stock is trading at 0.64 times its book value
- Company has been maintaining a healthy dividend payout of 29.2%
Cons
- Company has a low return on equity of 7.32% over last 3 years.
- Earnings include an other income of Rs.83.6 Cr.
- Working capital days have increased from 55.4 days to 143 days
* 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 Commodities
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1,163 | 1,124 | 1,172 | 1,264 | 1,427 | 1,270 | 887 | 1,380 | 2,098 | 1,801 | 1,541 | 1,701 | |
| 1,068 | 992 | 1,002 | 1,038 | 1,047 | 965 | 826 | 1,156 | 1,359 | 1,368 | 1,402 | 1,634 | |
| Operating Profit | 95 | 131 | 170 | 226 | 380 | 304 | 61 | 224 | 738 | 432 | 139 | 67 |
| OPM % | 8% | 12% | 15% | 18% | 27% | 24% | 7% | 16% | 35% | 24% | 9% | 4% |
| 12 | 39 | -22 | -7 | 7 | 13 | 11 | 42 | 33 | 94 | 84 | 84 | |
| Interest | 45 | 40 | 34 | 26 | 9 | 5 | 5 | 5 | 7 | 4 | 18 | 18 |
| Depreciation | 69 | 73 | 70 | 66 | 68 | 76 | 73 | 72 | 63 | 66 | 88 | 107 |
| Profit before tax | -6 | 56 | 44 | 126 | 311 | 236 | -6 | 188 | 701 | 456 | 117 | 25 |
| Tax % | -104% | 35% | 27% | 34% | 36% | 10% | -26% | 26% | 25% | 25% | 24% | 27% |
| 0 | 37 | 32 | 83 | 200 | 213 | -5 | 140 | 522 | 340 | 89 | 19 | |
| EPS in Rs | 0.01 | 1.85 | 1.63 | 4.18 | 10.06 | 10.70 | -0.23 | 7.03 | 26.27 | 17.08 | 4.47 | 0.94 |
| Dividend Payout % | -0% | -0% | -0% | -0% | -0% | -0% | -432% | 21% | 10% | 12% | 22% | 53% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 4% |
| 5 Years: | 14% |
| 3 Years: | -7% |
| TTM: | 10% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 2% |
| 5 Years: | 45% |
| 3 Years: | -67% |
| TTM: | -68% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 1% |
| 5 Years: | 6% |
| 3 Years: | -10% |
| 1 Year: | -21% |
| Return on Equity | |
|---|---|
| 10 Years: | 14% |
| 5 Years: | 14% |
| 3 Years: | 7% |
| Last Year: | 1% |
Balance Sheet
Figures in Rs. Crores
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 40 | 40 | 40 | 40 | 40 | 40 | 40 | 40 | 40 | 40 | 40 | 40 |
| Reserves | 374 | 411 | 438 | 524 | 724 | 936 | 935 | 1,054 | 1,542 | 1,853 | 1,901 | 1,900 |
| 502 | 477 | 359 | 208 | 15 | 9 | 44 | 59 | 55 | 115 | 283 | 232 | |
| 330 | 340 | 317 | 325 | 407 | 336 | 313 | 345 | 367 | 443 | 381 | 367 | |
| Total Liabilities | 1,246 | 1,268 | 1,155 | 1,097 | 1,186 | 1,321 | 1,333 | 1,498 | 2,005 | 2,451 | 2,605 | 2,538 |
| 833 | 820 | 798 | 742 | 707 | 680 | 619 | 585 | 577 | 795 | 1,024 | 1,000 | |
| CWIP | 16 | 17 | 3 | 4 | 8 | 2 | 9 | 8 | 29 | 114 | 30 | 279 |
| Investments | 15 | 15 | 10 | 15 | 16 | 44 | 219 | 383 | 887 | 1,029 | 909 | 650 |
| 382 | 415 | 344 | 336 | 455 | 595 | 486 | 523 | 512 | 513 | 642 | 609 | |
| Total Assets | 1,246 | 1,268 | 1,155 | 1,097 | 1,186 | 1,321 | 1,333 | 1,498 | 2,005 | 2,451 | 2,605 | 2,538 |
Cash Flows
Figures in Rs. Crores
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 128 | 111 | 172 | 215 | 310 | 177 | 104 | 202 | 536 | 319 | -55 | 104 | |
| -31 | -38 | -29 | -31 | -110 | -167 | -114 | -181 | -498 | -334 | -61 | 2 | |
| -108 | -67 | -145 | -175 | -201 | -11 | 11 | -12 | -41 | 5 | 109 | -94 | |
| Net Cash Flow | -11 | 6 | -3 | 9 | -1 | -0 | 1 | 9 | -3 | -10 | -7 | 12 |
| Free Cash Flow | 96 | 73 | 141 | 182 | 269 | 153 | 83 | 163 | 422 | -12 | -320 | -194 |
| CFO/OP | 134% | 92% | 107% | 106% | 99% | 80% | 170% | 115% | 97% | 105% | -36% | 166% |
Ratios
Figures in Rs. Crores
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 20 | 23 | 21 | 20 | 19 | 12 | 31 | 27 | 26 | 12 | 26 | 33 |
| Inventory Days | 141 | 151 | 131 | 113 | 120 | 216 | 169 | 80 | 77 | 102 | 127 | 87 |
| Days Payable | 110 | 110 | 99 | 97 | 130 | 125 | 134 | 89 | 87 | 98 | 75 | 53 |
| Cash Conversion Cycle | 52 | 64 | 54 | 37 | 8 | 102 | 66 | 17 | 16 | 16 | 78 | 68 |
| Working Capital Days | -57 | -19 | -48 | -26 | 18 | 43 | 46 | 32 | 9 | -5 | 28 | 143 |
| ROCE % | 4% | 7% | 12% | 21% | 42% | 27% | 0% | 18% | 52% | 25% | 4% | 2% |
Insights
In beta| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Farm Forestry - Total Acreage Acres |
|
||||||||||
| Installed Capacity (Paper) MTPA |
|||||||||||
| Paper Capacity Utilization % |
|||||||||||
| Production Volume MT |
|||||||||||
| Sales Volume MT |
|||||||||||
| Farm Forestry - Clonal/Seedling Distribution Rs Lacs |
|||||||||||
Extracted by Screener AI
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Change in Management
14 May - Board approved re-appointment of Saurabh Bangur as Managing Director for five years from 1 Oct 2026.
- Corporate Action-Board approves Dividend 14 May
- Outcome_Results 14 May
-
Board Meeting Outcome for Outcome Of Board Meeting
14 May - Audited FY26 results approved; Rs0.50 dividend recommended; Kadiyam plant lockout ongoing after strike; MD reappointed 5 years.
-
Clarification To Intimation Dated May 2, 2026, Regarding Lockout At Kadiam
5 May - Kadiam Unit lockout revised to 220 MT daily production loss effective May 1, 2026.
Annual reports
-
Financial Year 2025
from bse
-
Financial Year 2024
from bse
-
Financial Year 2023
from bse
-
Financial Year 2022
from bse
-
Financial Year 2021
from bse
-
Financial Year 2020
from bse
-
Financial Year 2019
from bse
-
Financial Year 2018
from bse
-
Financial Year 2017
from bse
-
Financial Year 2016
from bse
-
Financial Year 2015
from bse
-
Financial Year 2014
from bse
-
Financial Year 2013
from bse
-
Financial Year 2012
from bse
-
Financial Year 2011
from nse
Product Portfolio[1]
a) Writing & Printing Papers: **
SS Maplitho & Non-SS Maplitho: Uncoated paper used for textbooks, notebooks, and general office stationery.
Reflection Copier:** Premium-grade copier paper used for high-speed printing performance.