WEBSITE BSE:531813 NSE: GANGAPAPERS Inc. Year: 1985 Industry: Paper & Paper Products
Last updated: 10:51
Established in 1985, Ganga Papers India Limited has emerged as a prominent player in the paper manufacturing industry. Founded by Mr. Ramesh Agarwal, company produces a wide range of paper products including newsprint, writing paper, and industrial-grade paper. The company's clientele includes publishing houses, educational institutions, and various industrial users. Promoted by Agarwal family, Ganga Papers' mission is to deliver high-quality paper products that cater to diverse customer needs. With a vision is to be a leading name in the paper...Read More
Established in 1985, Ganga Papers India Limited has emerged as a prominent player in the paper manufacturing industry. Founded by Mr. Ramesh Agarwal, company produces a wide range of paper products including newsprint, writing paper, and industrial-grade paper. The company's clientele includes publishing houses, educational institutions, and various industrial users. Promoted by Agarwal family, Ganga Papers' mission is to deliver high-quality paper products that cater to diverse customer needs. With a vision is to be a leading name in the paper industry through innovation, sustainability, and customer-centric solutions. With modern manufacturing facilities and stringent quality control processes, Ganga Papers ensures premium products that align with industry standards. ...Read Less
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Market Cap ₹80 Cr.
Stock P/E 51.7
P/B 2.5
Current Price ₹74.4
Book Value ₹ 29.2
Face Value 10
52W High ₹111
Dividend Yield 0%
52W Low ₹ 74.4
Price goes above X
Price falls below X
PE goes above X
PE falls below X
₹ | |
| #(Fig in Cr.) | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Sales | 57 | 64 | 62 | 66 | 57 | 70 | 64 | 62 | 71 | 71 |
| Other Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Income | 57 | 64 | 63 | 66 | 57 | 71 | 64 | 62 | 71 | 71 |
| Total Expenditure | 55 | 62 | 61 | 64 | 56 | 69 | 62 | 61 | 69 | 69 |
| Operating Profit | 2 | 2 | 2 | 1 | 2 | 1 | 2 | 2 | 2 | 2 |
| Interest | 1 | 1 | 1 | 1 | 1 | 0 | 1 | 1 | 1 | 1 |
| Depreciation | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Exceptional Income / Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit Before Tax | 0 | 0 | 1 | 0 | 0 | 0 | 1 | 0 | 0 | 0 |
| Provision for Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit After Tax | 0 | 0 | 1 | 0 | 0 | 0 | 1 | 0 | 0 | 0 |
| Adjustments | 0 | 0 | 0 | 0 | -0 | -0 | -0 | -0 | 0 | 0 |
| Profit After Adjustments | 0 | 0 | 1 | 0 | 0 | 0 | 1 | 0 | 0 | 0 |
| Adjusted Earnings Per Share | 0.3 | 0.3 | 0.5 | 0.3 | 0.3 | 0.3 | 0.6 | 0.3 | 0.3 | 0.2 |
| #(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 | 75 | 74 | 81 | 102 | 132 | 140 | 177 | 282 | 298 | 245 | 258 | 268 |
| Other Income | 0 | 0 | 0 | 0 | 1 | 1 | 2 | 0 | 0 | 0 | 0 | 0 |
| Total Income | 75 | 74 | 81 | 102 | 133 | 140 | 179 | 283 | 298 | 246 | 258 | 268 |
| Total Expenditure | 72 | 71 | 77 | 98 | 126 | 133 | 169 | 271 | 289 | 239 | 252 | 261 |
| Operating Profit | 3 | 3 | 4 | 4 | 7 | 8 | 10 | 12 | 9 | 7 | 6 | 8 |
| Interest | 2 | 2 | 2 | 2 | 3 | 3 | 2 | 3 | 3 | 3 | 2 | 4 |
| Depreciation | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 4 |
| Exceptional Income / Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit Before Tax | 1 | 1 | 1 | 2 | 2 | 2 | 6 | 7 | 4 | 2 | 2 | 1 |
| Provision for Tax | 0 | 0 | -0 | 0 | 0 | 0 | 1 | 2 | 1 | 1 | 0 | 0 |
| Profit After Tax | 1 | 1 | 2 | 1 | 2 | 2 | 4 | 5 | 3 | 1 | 2 | 1 |
| Adjustments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit After Adjustments | 1 | 1 | 2 | 1 | 2 | 2 | 4 | 5 | 3 | 1 | 2 | 1 |
| Adjusted Earnings Per Share | 0.9 | 1 | 1.6 | 1.4 | 1.5 | 1.7 | 3.8 | 5 | 3 | 1.4 | 1.4 | 1.4 |
| # | 1 Year | 3 Year | 5 Year | 10 Year |
|---|---|---|---|---|
| Sales CAGR | 5% | -3% | 13% | 13% |
| Operating Profit CAGR | -14% | -21% | -6% | 7% |
| PAT CAGR | 100% | -26% | 0% | 7% |
| # | 1 Year | 3 Year | 5 Year | 10 Year |
|---|---|---|---|---|
| Share Price CAGR | -27% | -0% | 20% | 23% |
| ROE Average | 5% | 8% | 14% | 15% |
| ROCE Average | 6% | 8% | 11% | 10% |
| #(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 | 7 | 8 | 10 | 11 | 13 | 15 | 19 | 24 | 28 | 29 | 31 |
| Minority's Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Borrowings | 8 | 5 | 9 | 18 | 18 | 17 | 16 | 13 | 2 | 0 | 0 |
| Other Non-Current Liabilities | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 |
| Total Current Liabilities | 21 | 24 | 23 | 23 | 31 | 35 | 46 | 56 | 62 | 52 | 53 |
| Total Liabilities | 37 | 37 | 43 | 52 | 63 | 67 | 83 | 95 | 94 | 84 | 86 |
| Fixed Assets | 9 | 8 | 8 | 7 | 28 | 27 | 25 | 23 | 22 | 20 | 25 |
| Other Non-Current Assets | 5 | 5 | 11 | 25 | 4 | 3 | 1 | 0 | 0 | 0 | 1 |
| Total Current Assets | 23 | 24 | 25 | 21 | 31 | 37 | 56 | 71 | 71 | 63 | 60 |
| Total Assets | 37 | 37 | 43 | 52 | 63 | 67 | 83 | 95 | 94 | 84 | 86 |
| #(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 | 0 | 3 | 0 | 0 | 0 | 0 | 4 | 5 | 7 | 1 | 0 |
| Cash Flow from Operating Activities | 1 | 2 | 2 | 8 | 0 | 7 | 1 | 2 | -7 | 9 | 8 |
| Cash Flow from Investing Activities | -0 | -0 | -5 | -14 | -2 | -1 | -0 | -0 | -0 | -0 | -7 |
| Cash Flow from Financing Activities | -1 | -5 | 3 | 7 | 2 | -2 | 0 | 0 | 1 | -10 | -3 |
| Net Cash Inflow / Outflow | -0 | -3 | 0 | 0 | 0 | 4 | 1 | 2 | -6 | -1 | -3 |
| Closing Cash & Cash Equivalent | 0 | 0 | 0 | 0 | 0 | 4 | 5 | 7 | 1 | 0 | -3 |
| # | 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) | 0.94 | 0.98 | 1.61 | 1.38 | 1.52 | 1.73 | 3.83 | 4.96 | 3.02 | 1.37 | 1.44 |
| CEPS(Rs) | 1.53 | 1.6 | 2.41 | 1.98 | 3.32 | 3.66 | 5.81 | 6.93 | 5.02 | 3.44 | 3.48 |
| DPS(Rs) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Book NAV/Share(Rs) | 6.57 | 7.55 | 9.17 | 10.55 | 12.07 | 13.8 | 17.63 | 22.59 | 25.61 | 26.98 | 28.42 |
| Core EBITDA Margin(%) | 3.79 | 4.2 | 4.55 | 3.65 | 4.89 | 4.94 | 4.55 | 4.09 | 3.09 | 2.73 | 2.37 |
| EBIT Margin(%) | 3.49 | 3.55 | 3.61 | 3.12 | 3.88 | 3.94 | 4.52 | 3.49 | 2.42 | 1.95 | 1.66 |
| Pre Tax Margin(%) | 1.42 | 1.45 | 1.55 | 1.5 | 1.53 | 1.49 | 3.14 | 2.55 | 1.49 | 0.82 | 0.8 |
| PAT Margin (%) | 1.26 | 1.33 | 2.1 | 1.46 | 1.24 | 1.34 | 2.34 | 1.9 | 1.09 | 0.6 | 0.6 |
| Cash Profit Margin (%) | 2.04 | 2.16 | 3.13 | 2.09 | 2.7 | 2.83 | 3.55 | 2.65 | 1.82 | 1.51 | 1.46 |
| ROA(%) | 2.86 | 2.85 | 4.32 | 3.12 | 2.84 | 2.85 | 5.51 | 6.03 | 3.45 | 1.66 | 1.83 |
| ROE(%) | 14.62 | 13.9 | 19.31 | 14 | 13.46 | 13.36 | 24.38 | 24.68 | 12.51 | 5.21 | 5.2 |
| ROCE(%) | 9.58 | 9.87 | 9.76 | 8.24 | 11.02 | 10.77 | 14.49 | 15.91 | 10.49 | 6.93 | 6.45 |
| Receivable days | 25.12 | 32.49 | 38.38 | 31.2 | 34.68 | 43.94 | 51.38 | 42.65 | 43.16 | 54.97 | 53.1 |
| Inventory Days | 53.05 | 60.88 | 61.61 | 41.36 | 27.28 | 27.22 | 15.61 | 12.02 | 22.91 | 31.65 | 25.41 |
| Payable days | 31.44 | 48.38 | 50.32 | 39.88 | 40.14 | 46.8 | 43.21 | 28.36 | 26.06 | 25.7 | 23.46 |
| PER(x) | 16.68 | 11.65 | 6.76 | 42.38 | 63.05 | 12.61 | 8.22 | 13.21 | 22.64 | 72.28 | 67.87 |
| Price/Book(x) | 2.39 | 1.51 | 1.19 | 5.55 | 7.95 | 1.58 | 1.79 | 2.9 | 2.67 | 3.67 | 3.44 |
| Dividend Yield(%) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EV/Net Sales(x) | 0.49 | 0.43 | 0.44 | 0.93 | 1.06 | 0.41 | 0.37 | 0.36 | 0.39 | 0.58 | 0.54 |
| EV/Core EBITDA(x) | 10.53 | 9.04 | 9.27 | 24.8 | 19.82 | 7.49 | 6.54 | 8.58 | 12.31 | 20.26 | 21.61 |
| Net Sales Growth(%) | 10.31 | -0.58 | 8.99 | 25.65 | 30.21 | 5.51 | 26.5 | 59.82 | 5.56 | -17.6 | 4.97 |
| EBIT Growth(%) | -29.79 | 0.26 | 5.72 | 6.64 | 61.16 | 7.02 | 45.18 | 23.29 | -26.58 | -33.71 | -10.83 |
| PAT Growth(%) | -21.63 | 4.33 | 64.41 | -14.48 | 10.3 | 13.51 | 121.7 | 29.53 | -39.24 | -54.59 | 5.1 |
| EPS Growth(%) | -21.63 | 4.34 | 64.4 | -14.48 | 10.3 | 13.52 | 121.7 | 29.53 | -39.24 | -54.59 | 5.1 |
| Debt/Equity(x) | 3.22 | 2.36 | 2.42 | 2.82 | 2.82 | 2.51 | 2.04 | 1.7 | 1.61 | 1.27 | 1.16 |
| Current Ratio(x) | 1.1 | 1.01 | 1.05 | 0.9 | 1.01 | 1.05 | 1.23 | 1.28 | 1.15 | 1.21 | 1.13 |
| Quick Ratio(x) | 0.51 | 0.4 | 0.48 | 0.48 | 0.68 | 0.75 | 1.13 | 1.02 | 0.77 | 0.84 | 0.82 |
| Interest Cover(x) | 1.68 | 1.69 | 1.76 | 1.92 | 1.65 | 1.61 | 3.28 | 3.74 | 2.59 | 1.72 | 1.92 |
| Total Debt/Mcap(x) | 1.35 | 1.56 | 2.04 | 0.51 | 0.36 | 1.59 | 1.14 | 0.59 | 0.6 | 0.35 | 0.34 |
| # | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Promoter | 74.98 | 74.98 | 74.98 | 74.98 | 74.98 | 74.98 | 74.98 | 74.98 | 74.98 | 74.98 |
| FII | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| DII | 0.25 | 0.25 | 0.25 | 0.25 | 0.25 | 0.25 | 0.25 | 0.25 | 0.25 | 0.25 |
| Public | 24.77 | 24.77 | 24.77 | 24.77 | 24.77 | 24.77 | 24.77 | 24.77 | 24.77 | 24.77 |
| Others | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| # | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Promoter | 0.81 | 0.81 | 0.81 | 0.81 | 0.81 | 0.81 | 0.81 | 0.81 | 0.81 | 0.81 |
| FII | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| DII | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Public | 0.27 | 0.27 | 0.27 | 0.27 | 0.27 | 0.27 | 0.27 | 0.27 | 0.27 | 0.27 |
| Others | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 1.08 | 1.08 | 1.08 | 1.08 | 1.08 | 1.08 | 1.08 | 1.08 | 1.08 | 1.08 |
* The pros and cons are machine generated.
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