Sharescart Research Club logo

Ballarpur Inds. Overview

Ballarpur Industries Limited (BILT) is a leading paper and pulp company in India. Founded in 1945, BILT manufactures writing and printing paper, industrial paper, and specialty paper. Promoted by a group of visionary industrialists, BILT has consistently focused on innovation, sustainability, and operational efficiency. Ballarpur Industries Limited (BILT) stands as the unrivaled leader in India’s writing and printing (W&P) paper manufacturing landscape. With a robust presence in the domestic market and rich paper quality, BILT is most so...Read More

Want to Start Investing in Top Unlisted Stocks?

Our experts help you choose the right stocks based on performance, risk, and growth potential.

Ballarpur Inds. Key Financials

Market Cap ₹114 Cr.

Stock P/E -0.5

P/B -

Current Price ₹0.9

Book Value ₹ 0

Face Value 2

52W High ₹0

Dividend Yield 0%

52W Low ₹ 0

Ballarpur Inds. Share Price

₹ | |

Volume
Price

Ballarpur Inds. Quarterly Price

Show Value Show %

Ballarpur Inds. Peer Comparison

Ballarpur Inds. Quarterly Results

#(Fig in Cr.) Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Dec 2024 Dec 2025
Net Sales 872 826 817 759 0 0 1 8 1 11
Other Income 23 23 15 21 34 35 35 43 36 12
Total Income 895 849 832 780 34 35 36 51 37 22
Total Expenditure 730 699 692 603 40 35 39 48 41 48
Operating Profit 165 150 140 178 -6 -0 -3 3 -4 -26
Interest 199 210 197 514 26 36 37 37 34 45
Depreciation 62 63 63 45 3 3 3 3 2 1
Exceptional Income / Expenses 54 99 -435 -1054 29 20 0 -200 8 0
Profit Before Tax -42 -24 -555 -1435 -6 -19 -43 -236 -32 -72
Provision for Tax 15 0 0 22 0 0 0 0 0 0
Profit After Tax -57 -24 -556 -1456 -6 -19 -43 -236 -32 -72
Adjustments -41 -64 -94 401 0 0 16 -41 -36 -20
Profit After Adjustments -98 -87 -649 -1055 -6 -19 -28 -276 -69 -92
Adjusted Earnings Per Share -0.8 -0.7 -5 -8.2 -1 -3.5 -5 -50.3 -12.5 -16.7

Ballarpur Inds. Profit & Loss

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 3239 4721 2179 2600 3751 3275 2055 0 0 9 19 21
Other Income 36 208 66 27 60 150 215 123 133 146 154 126
Total Income 3275 4928 2245 2627 3811 3425 2270 124 133 155 173 146
Total Expenditure 2833 4327 2807 3445 3365 2721 2229 302 144 161 167 176
Operating Profit 442 602 -562 -818 446 704 41 -179 -11 -6 6 -30
Interest 299 622 901 917 850 1192 1188 551 563 136 194 153
Depreciation 203 265 264 277 266 233 227 53 38 11 10 9
Exceptional Income / Expenses -3 0 -306 -190 -369 -1335 -5 1247 4982 -200 -4 -192
Profit Before Tax -62 -285 -2034 -2202 -1039 -2056 -1397 478 4604 -329 -247 -383
Provision for Tax -15 -6 37 -166 34 36 -7 0 0 0 0 0
Profit After Tax -47 -279 -2071 -2036 -1072 -2092 -1390 478 4604 -329 -247 -383
Adjustments 26 69 500 641 141 202 285 -580 1 0 -3 -81
Profit After Adjustments -21 -210 -1571 -1395 -931 -1890 -1105 -103 4605 -329 -250 -465
Adjusted Earnings Per Share -0.3 -3.2 -24 -10.8 -7.2 -14.6 -8.5 -0.8 35.6 -59.8 -45.4 -84.5

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 111% 0% -64% -40%
Operating Profit CAGR 0% 0% -61% -35%
PAT CAGR 0% NAN% 0% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR -13% 8% -5% -26%
ROE Average -213% -90% -54% -194%
ROCE Average -3% 112% 118% 51%

Ballarpur Inds. Balance Sheet

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 1948 2852 -75 314 -738 -2263 -3416 -3656 833 351 -119
Minority's Interest 1095 983 483 -137 -379 -1024 968 1465 1402 1283 1153
Borrowings 4608 4137 3511 4795 4271 5126 251 259 0 573 583
Other Non-Current Liabilities 220 222 82 -95 -37 5 876 871 -119 22 47
Total Current Liabilities 4201 6894 9166 6700 7977 8302 8029 8931 4922 4863 5562
Total Liabilities 12073 15088 13167 11578 11095 10146 6709 7869 7038 7091 7227
Fixed Assets 7953 11046 10306 7548 6532 6378 1737 1237 610 598 588
Other Non-Current Assets 1179 989 640 148 245 148 2642 4294 4886 4975 5145
Total Current Assets 2835 3052 2220 3882 4318 3619 2330 2339 952 1010 999
Total Assets 12073 15088 13167 11578 11095 10146 6709 7869 7038 7091 7227

Ballarpur Inds. Cash Flow

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 98 28 242 110 139 270 226 2 2 2 5
Cash Flow from Operating Activities 685 230 -806 417 854 977 563 73 -827 3 -102
Cash Flow from Investing Activities -304 -371 -107 -42 -80 -509 4666 -193 -387 -279 -221
Cash Flow from Financing Activities -397 432 696 -440 -636 -512 -5458 102 1147 262 325
Net Cash Inflow / Outflow -16 291 -217 -64 139 -44 -230 -18 -67 -13 2
Closing Cash & Cash Equivalent 30 242 110 139 274 226 2 2 2 5 10

Ballarpur Inds. Ratios

# Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) -0.33 -3.2 -23.97 -10.78 -7.2 -14.61 -8.54 -0.79 35.6 -59.79 -45.39
CEPS(Rs) 2.38 -0.22 -27.56 -13.6 -6.24 -14.37 -8.99 4.1 35.89 -57.8 -43.01
DPS(Rs) 0.2 0 0 0 0 0 0 0 0 0 0
Book NAV/Share(Rs) 28.13 43.49 -1.15 2.43 -5.7 -17.5 -26.41 -28.27 6.44 63.77 -21.71
Core EBITDA Margin(%) 11.84 7.95 -27.39 -32.18 10.3 16.91 -8.44 0 0 -1652.72 -798.97
EBIT Margin(%) 6.9 6.8 -49.43 -48.91 -5.04 -26.39 -10.17 0 0 -2104.25 -282.82
Pre Tax Margin(%) -1.82 -5.75 -88.73 -83.81 -27.7 -62.78 -67.97 0 0 -3584.75 -1326.76
PAT Margin (%) -1.37 -5.63 -90.36 -77.47 -28.59 -63.89 -67.65 0 0 -3584.75 -1326.76
Cash Profit Margin (%) 4.55 -0.29 -78.83 -66.94 -21.51 -56.78 -56.6 0 0 -3462.75 -1271
ROA(%) -0.38 -2.06 -14.66 -16.45 -9.46 -19.7 -16.5 6.55 61.77 -4.66 -3.45
ROE(%) -2.27 -11.9 -149.25 -1701.94 0 0 0 0 0 -55.58 -213.48
ROCE(%) 2.52 3.37 -10.79 -13.7 -2.33 -13.32 -7.05 259.78 347.46 -7.78 -2.5
Receivable days 52.49 32.32 34.76 10.98 11.96 35.74 82.87 0 0 0 8698.76
Inventory Days 154.08 109.37 176.81 71.64 38.8 48.41 38.93 0 0 678.27 279.22
Payable days 260.71 387.43 660.43 464.15 312.7 284.22 249.39 0 0 0 679.2
PER(x) 0 0 0 0 0 0 0 0 0.02 0 0
Price/Book(x) 0.49 0.32 -17.03 5.13 -0.51 -0.02 -0.04 -0.04 0.09 0 0
Dividend Yield(%) 1.46 0 0 0 0 0 0 0 0 0 0
EV/Net Sales(x) 2.45 1.84 5.19 3.78 2.23 2.34 1.97 0 0 211.99 112.74
EV/Core EBITDA(x) 17.92 14.47 -20.13 -12.02 18.77 10.87 98.19 -22.91 -174.07 -353.19 371.61
Net Sales Growth(%) -38.72 45.77 -53.84 19.3 44.26 -12.7 -37.23 -99.98 -100 0 102.73
EBIT Growth(%) -50.24 42.63 -435.98 -13.44 85.3 -357.34 75.8 591.64 402.63 -103.74 72.75
PAT Growth(%) -176.06 -495.46 -641.62 1.72 47.32 -95.09 33.55 134.35 864.08 -107.15 24.97
EPS Growth(%) -142.91 -883.67 -648.11 55 33.26 -103.01 41.53 90.72 4592.11 -267.95 24.08
Debt/Equity(x) 3.94 2.83 -135.04 26.59 -11.22 -3.4 -1.15 -1.08 2.22 5.49 -17.2
Current Ratio(x) 0.67 0.44 0.24 0.58 0.54 0.44 0.29 0.26 0.19 0.21 0.18
Quick Ratio(x) 0.34 0.22 0.17 0.53 0.49 0.39 0.29 0.26 0.19 0.2 0.18
Interest Cover(x) 0.79 0.54 -1.26 -1.4 -0.22 -0.73 -0.18 1.87 9.17 -1.42 -0.27
Total Debt/Mcap(x) 8.07 8.98 7.93 5.18 21.85 191.91 28.06 26.51 23.5 0 0

Ballarpur Inds. Shareholding Pattern

# Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
Promoter 0.1 0.1 51 51 51 51 51 51 51 51
FII 0.63 0.63 0.05 0.05 0.05 0.05 0.05 0.05 0.05 0.05
DII 20.54 20.54 3.98 3.98 3.98 3.98 3.98 3.98 3.98 3.98
Public 78.73 78.73 44.98 44.98 44.98 44.98 44.98 44.98 44.98 44.98
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

Ballarpur Inds. News

Ballarpur Inds. Pros & Cons

Pros

  • Company is almost debt free.

Cons

  • Company has a low return on equity of -90% over the last 3 years.
  • Debtor days have increased from 0 to 679.2days.
  • Earnings include an other income of Rs. 154 Cr.
whatsapp