Nath Industries share price, P/E, ROE & financials

As of 6 Nov 2026, Nath Industries trades at 14.3× trailing earnings, above the industry P/E of 14.0×, and the shares are 36% below their 52-week high. It earns ROCE of 5.8% and ROE of 2.6%, and sales and net profit grew 6.3% and 36% a year over 3 years. Debt is 0.36× equity. It is a small-cap company with a market cap of ₹97 Cr, ranked 23rd of 43 Paper & Paper Products companies by market cap; the shares fell 33% over the past year.

As of 6 Nov 2026Prices are delayed about 15 minutes; fundamentals are from the quarter ended Jun 2026.How we calculate this

past year

Open: ₹51.10
Day high: ₹51.10
Day low: ₹50.85
Prev. close: ₹49.08
Volume: 800

Health check

1 good · 2 fair · 3 to check

ReturnsBehind
−33.3% over a year, better than 0 of 7 peers.
Price tagIn line
P/E 14.3 vs industry 14.0.
GrowthStrong
Sales +6.3%, profit +35.7% a year over 3 years.
ProfitabilityWeak
ROCE 5.8% vs peer median 6.0%.
Balance sheetFair
Debt 0.36× equity, interest covered 1.9×, Piotroski 6 of 9.
Red flags3 to check
Return on equity is low at 2.6%.

Compared with 7 industry peers. Computed from reported figures. Educational, not a recommendation.

Paper & Paper Products

42 listed peers. Screen the industry

Small cap

₹97 Cr, #23 of 43 in its industry by size.

Defensive

Beta 0.35 vs the NIFTY 50: moves less than the market.

Key metrics

Last 12 months to Jun 2026: sales ₹534 Cr · profit ₹7 Cr

Market cap: ₹97 Cr; Small cap
P/E: 14.3; Industry 14.0
Price to book: 0.37; Peers 1.16
Dividend yield: 0.00%
ROE: 2.6%; Peers 5.8%
ROCE: 5.8%; Peers 6.0%
Debt to equity: 0.36; Debt ₹93 Cr
EPS (TTM): ₹3.55
OPM (TTM): 4.2%; Net margin 1.3%
Sales growth: +36.8%; Latest quarter vs a year ago
Profit growth: +1.5%; Latest quarter vs a year ago
Price to sales: 0.18; EV/EBITDA 6.6

Strengths

Quarterly sales up 36.8% on a year ago.
Positive operating cash flow in each of the last 4 years.

Risks to check

Return on equity is low at 2.6%.
36% below its 52-week high.
Interest coverage of only 2.7×.

Derived automatically from reported figures. Not a recommendation.

About Nath Industries

Nath Industries Limited manufactures and sells industrial and specialty papers and industrial chemicals in India. It operates through two segments Paper and Industrial Chemicals. The company provides Rama paper products, such as absorbent saturating kraft, laminated sheet, MG white tissue sheet, OTC multi-layer carbonizing, color tissue 18 GSM, and kraft grocery bags; Nath paper products, including edge protector/angel board, coated one side, DTY tubes,…

Headquarters: Mumbai
Sector: Basic Materials
ISIN: INE777A01023
Website: nathindustries.com

Price range

52 weeks

₹42.00₹78.95

Today

₹50.85₹51.10

Avg volume (3M): 4.6K
1-year return: minus 33.3%
From 52-week high: minus 35.5%

Peers · Paper & Paper Products

Capital-heavy industry columns

Compare with peers Screen the whole industry

Company
JKPAPERJK Paper	368.00	minus 0.90%	6,673	18.9	9.2	6.2%	10.1%	0.43	2.8%	minus 3.9%
WSTCSTPAPRWest Coast Paper Mills	738.15	minus 11.24%	4,875	21.2	9.7	5.9%	11.5%	0.08	−4.5%	plus 84.7%
SESHAPAPERSeshasayee Paper and Boards	216.45	minus 0.48%	1,365	11.0	8.5	4.4%	7.0%	–	−6.3%	minus 15.5%
ANDHRAPAPANDHRA PAPER	61.52	minus 1.96%	1,223	23.4	10.7	1.9%	4.8%	0.15	−6.7%	minus 19.1%
NRAILN R Agarwal Industries	673.00	minus 0.25%	1,145	18.4	10.8	7.7%	9.9%	1.01	6.9%	plus 43.2%
TNPLTamil Nadu Newsprint & Papers	136.26	minus 2.23%	943	3.6	4.9	6.3%	10.2%	0.70	−3.6%	minus 8.9%
PDMJEPAPERPudumjee Paper Products	87.80	minus 0.93%	834	9.2	5.4	–	14.3%	0.05	2.1%	minus 24.4%
NATHINDNath Industries	50.91	plus 3.73%	97	14.3	5.8	5.8%	4.2%	0.36	6.3%	minus 33.3%
Median of 7 peers	–	−0.93%	1,223	18.4	9.2	6.0%	10.1%	0.29	−3.6%	−8.9%

Quarterly results

Consolidated, ₹ crore

SalesSelect a row below to chart it

Jun 25	Sep 25	Dec 25	Mar 26	Jun 26
117	127	117	130	160
109	120	114	126	151
8.2	6.7	2.9	3.5	9.4
7.0%	5.3%	2.5%	2.7%	5.9%
1	2.7	2.7	1.4	0.1
2.9	2.6	2.6	2.4	2.5
2.4	2.4	2.5	2	2.4
3.8	4.4	0.6	0.6	4.6
–	0.4%	–	461.5%	15.6%
3.8	4.4	0.6	−2.1	3.8
2.00	2.31	0.30	-1.09	2.03

Profit & loss

Yearly, ₹ crore

Sales CAGR 3Y: +6.3%
Profit CAGR 3Y: +35.7%
EPS CAGR 3Y: +35.5%
ROE: 2.6%

Net profitSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
408	321	424	491
–	minus 21.4%	+32.3%	+15.6%
401	308	392	462
7.3	13.3	32.7	28.9
1.8%	4.1%	7.7%	5.9%
5.6	3.8	2	3.8
5	9.2	12.1	10.5
7.1	7	9.5	9.3
−0.5	−0.2	–	−3.5
0.2	0.8	13	9.3
−1094.9%	35.5%	25.0%	28.5%
2.7	0.5	9.7	6.7
–	minus 81.5%	+1870.3%	minus 31.4%
1.41	0.26	5.12	3.51

Forecast

Your assumptions, not a prediction

Balance sheet

At each financial year end, ₹ crore

Total assetsSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
19	19	19	19
224	226	235	241
90.4	106	94	93
98.9	100	104	108
432	451	451	461
286	308	300	299
80.6	19.3	0.4	20.5
0	0	0	0
7.7	15.8	8.1	22
58.2	109	143	119
432	451	451	461

Cash flow

Yearly, ₹ crore

Cash from operationsSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
13.3	30	13.9	29.4
−53.6	−30.2	3.9	−9.5
39.8	6.3	−24	−11.5
−0.5	6.1	−6.2	8.4
−61	−90.2	−1.6	−9.1
−47.8	−60.2	12.4	20.3

Shareholding pattern

This company is listed only on BSE, so there’s no NSE category split. See Major shareholders below for the named holders.

Major shareholders

BSE filing

Filings & events

News

No recent news coverage found.

My notes

Private to you