As of 6 Nov 2026, Star Paper Mills trades at 7.3× trailing earnings, below the industry P/E of 14.0×, and the shares are 17% below their 52-week high. It earns ROCE of 4.5% and ROE of 4.7%, and sales and net profit fell 5.7% and 21% a year over 3 years. It has almost no debt, and its dividend yield is 1.7%. It is a small-cap company with a market cap of ₹225 Cr, ranked 18th of 43 Paper & Paper Products companies by market cap; the shares fell 11% over the past year.
- ₹143.10
- ₹147.00
- ₹143.00
- ₹145.30
- 3.9K
Health check
- ReturnsIn line
−11.2% over a year, better than 3 of 7 peers.
- Price tagCheaper
P/E 7.3 vs industry 14.0.
- GrowthShrinking
Sales −5.7%, profit −20.7% a year over 3 years.
- ProfitabilityWeak
ROCE 4.5% vs peer median 6.0%.
- Balance sheetFair
Practically debt-free, Piotroski 5 of 9.
- Red flags2 to check
Return on equity is low at 4.7%.
Small cap
Market sensitivity
Key metrics
- Market cap
- ₹225 Cr
- Small cap
- P/E
- 7.3
- Industry 14.0
- Price to book
- 0.32
- Peers 1.16
- Dividend yield
- 1.73%
- ROE
- 4.7%
- Peers 5.8%
- ROCE
- 4.5%
- Peers 6.0%
- Debt to equity
- 0.01
- Debt ₹4.31 Cr
- EPS (TTM)
- ₹19.82
- Face value ₹10
- OPM (TTM)
- 3.6%
- Net margin 7.4%
- Sales growth
- +2.3%
- Latest quarter vs a year ago
- Profit growth
- −14.1%
- Latest quarter vs a year ago
- Price to sales
- 0.54
- EV/EBITDA −0.7
Strengths and risks
Strengths
- Practically debt-free.
- P/E of 7.3 against an industry P/E of 14.0.
- Positive operating cash flow in each of the last 4 years.
Risks to check
- Return on equity is low at 4.7%.
- Quarterly profit down 14.1% on a year ago.
About Star Paper Mills
Star Paper Mills Limited manufactures and supplies paper, and paper boards and other related products in India and internationally. The company provides a range of industrial packaging and cultural papers, as well as other grades to the consumers in various segments. Star Paper Mills Limited was incorporated in 1936 and is based in Kolkata, India.
- Headquarters
- Kolkata
- Employees
- 371
- Sector
- Basic Materials
- ISIN
- INE733A01018
- Website
- starpapers.com
Price range
- Avg volume (3M)
- 15.2K
- 1-year return
- minus 11.2%
- From 52-week high
- minus 17.1%
Peers · Paper & Paper Products
| 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% |
| STARPAPERStar Paper Mills | 144.31 | minus 0.68% | 225 | 7.3 | – | 4.5% | 1.0% | 0.01 | −5.7% | minus 11.2% |
| Median of 7 peers | – | −0.93% | 1,223 | 18.4 | 9.2 | 6.0% | 10.1% | 0.29 | −3.6% | −8.9% |
Quarterly results
| ₹ Cr | Jun 25 | Sep 25 | Dec 25 | Mar 26 | Jun 26 |
|---|---|---|---|---|---|
| 101 | 104 | 91.8 | 113 | 103 | |
| 94.9 | 97.2 | 91.2 | 108 | 101 | |
| 6.3 | 7.1 | 0.6 | 4.4 | 2.8 | |
| 6.2% | 6.8% | 0.7% | 3.9% | 2.7% | |
| 11.9 | 5.5 | 11.8 | 2.8 | 13.9 | |
| 0.2 | 0.3 | 0.2 | 0.2 | 0.2 | |
| 1.6 | 1.6 | 1.6 | 2.2 | 1.7 | |
| – | – | – | −8.4 | – | |
| 16.3 | 10.8 | 10.6 | −3.5 | 14.8 | |
| 21.5% | −20.3% | 22.3% | 62.9% | 25.5% | |
| 12.8 | 13 | 8.2 | −1.3 | 11 | |
| 8.21 | 8.34 | 5.26 | -0.83 | 7.05 |
Profit & loss
- Sales CAGR 3Y
- −5.7%
- Profit CAGR 3Y
- −20.7%
- EPS CAGR 3Y
- −20.7%
- ROE
- 4.7%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 483 | 444 | 432 | 405 | |
| – | minus 7.9% | minus 2.9% | minus 6.2% | |
| 396 | 384 | 392 | 383 | |
| 86.9 | 60.1 | 40 | 22 | |
| 18.0% | 13.5% | 9.3% | 5.4% | |
| 7.9 | 28.9 | 1.9 | 1.9 | |
| 0.6 | 0.8 | 1 | 0.9 | |
| 5.3 | 5.4 | 6.4 | 7 | |
| −5.6 | −1.8 | 18.9 | 18.3 | |
| 83.3 | 80.9 | 53.4 | 34.2 | |
| 21.2% | 20.9% | 23.0% | 4.3% | |
| 65.7 | 64 | 41.1 | 32.8 | |
| – | minus 2.5% | minus 35.7% | minus 20.4% | |
| 42.08 | 41.01 | 26.36 | 20.98 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 15.6 | 15.6 | 15.6 | 15.6 | |
| 579 | 632 | 665 | 693 | |
| 0.1 | 5 | 4.7 | 4.3 | |
| 134 | 137 | 137 | 125 | |
| 728 | 790 | 823 | 838 | |
| 417 | 429 | 426 | 427 | |
| 3.4 | 3.4 | 1.8 | 6.8 | |
| 18.2 | 17.1 | 15.4 | 15.7 | |
| 168 | 194 | 220 | 241 | |
| 122 | 146 | 160 | 148 | |
| 728 | 790 | 823 | 838 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 46.8 | 25.8 | 14.8 | 29.1 | |
| −41.1 | −9.5 | 4.5 | −35.6 | |
| −6.5 | −9 | −7.5 | −6.8 | |
| −0.9 | 7.4 | 11.8 | −13.3 | |
| −4.7 | −11.2 | −3.8 | −8.7 | |
| 42 | 14.6 | 11.1 | 20.4 | |
| −5.4 | −7.7 | −6.2 | −5.4 |
Shareholding pattern
NSE hasn’t returned a shareholding pattern for this company. Institutions hold about 1.6% (Yahoo estimate).
Major shareholders
Filings & events
News
No recent news coverage found.