On 6 Nov 2026, Three M Paper Boards was priced at ₹23.00, or 6.2× trailing earnings, and the shares are 42% below their 52-week high. Sales fell 2.9% a year over 3 years while net profit grew 2.7%, with ROCE of 9.1% and ROE of 6.7%. Debt is 0.68× equity. It is a small-cap company with a market cap of ₹44 Cr; the shares fell 31% over the past year.
- ₹24.00
- ₹25.00
- ₹23.00
- ₹24.00
- 32K
Health check
- ReturnsWeak
−31.4% over the past year.
- Price tagNo peers
P/E 6.2, with no peers to compare.
- GrowthSlow
Sales −2.9%, profit +2.7% a year over 3 years.
- ProfitabilityWeak
ROCE 9.1%.
- Balance sheetFair
Debt 0.68× equity, interest covered 2.9×.
- Red flags3 to check
Return on equity is low at 6.7%.
Small cap
High beta
Key metrics
- Market cap
- ₹44 Cr
- Small cap
- P/E
- 6.2
- Price to book
- 0.40
- Book value ₹57.70
- Dividend yield
- 0.00%
- ROE
- 6.7%
- Return on equity
- ROCE
- 9.1%
- Return on capital employed
- Debt to equity
- 0.68
- Debt ₹75 Cr
- EPS (TTM)
- ₹3.73
- OPM (TTM)
- 4.3%
- Net margin 2.4%
- Sales growth
- +10.3%
- Latest quarter vs a year ago
- Profit growth
- −4.1%
- Latest quarter vs a year ago
- Price to sales
- 0.15
- EV/EBITDA 6.7
Strengths and risks
Strengths
- Positive operating cash flow in each of the last 4 years.
Risks to check
- Return on equity is low at 6.7%.
- 42% below its 52-week high.
- Interest coverage of only 2.9×.
About Three M Paper Boards
Three M Paper Boards Limited manufactures and sells recycled paper-based duplex board products in India and internationally. The company's products include royal white, royal grey, and prima grey back products that are used in various packaging applications industries, such as food and beverages, pharmaceuticals, cosmetics, and consumer goods. It is also involved in the generation of wind energy. The company was incorporated in 1989 and is headquartered…
- Headquarters
- Mumbai
- Employees
- 197
- Sector
- Basic Materials
- ISIN
- INE0UK501010
- Website
- threempaper.com
Price range
- Avg volume (3M)
- 3.1K
- 1-year return
- minus 31.4%
- From 52-week high
- minus 42.5%
Peers
We couldn’t find listed peers for this company.
Quarterly results
This company doesn’t report these figures in a format we can read yet.
Profit & loss
- Sales CAGR 3Y
- −2.9%
- Profit CAGR 3Y
- +2.7%
- ROE
- 6.7%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 321 | 270 | 263 | 294 | |
| – | minus 15.9% | minus 2.5% | +11.7% | |
| 301 | 246 | 241 | 276 | |
| 19.7 | 24.2 | 22 | 17.8 | |
| 6.1% | 9.0% | 8.3% | 6.0% | |
| 1.2 | 1.9 | 2.2 | 2.8 | |
| 8.7 | 6.7 | 5.5 | 6.2 | |
| 6 | 6.6 | 6.7 | 8 | |
| −0.1 | 0.1 | −0 | 0 | |
| 6 | 13 | 12.1 | 6.5 | |
| −10.7% | 13.3% | 17.1% | −11.0% | |
| 6.6 | 11.3 | 10 | 7.2 | |
| – | +70.2% | minus 11.3% | minus 28.3% | |
| 3.44 | 5.85 | 5.19 | – |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 6.6 | 13.5 | 19.2 | 19.2 | |
| 40.7 | 47.4 | 84.6 | 91.8 | |
| 81.8 | 72.6 | 62.4 | 75.2 | |
| 60.3 | 61.7 | 74.4 | 85.3 | |
| 189 | 195 | 241 | 271 | |
| 77.9 | 78 | 100 | 109 | |
| – | 1.8 | 14.9 | 1.4 | |
| 0 | 0 | 0 | 0 | |
| 5.4 | 0.1 | 0.1 | 0.1 | |
| 106 | 115 | 126 | 161 | |
| 189 | 195 | 241 | 271 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 23.5 | 11.3 | 9.7 | 7.6 | |
| −18.3 | −4.9 | −27 | −14.3 | |
| −5.4 | −11.7 | 17.3 | 6.6 | |
| −0.2 | −5.3 | 0 | −0 | |
| −14.9 | −7.1 | −28.9 | −16.6 | |
| 8.6 | 4.2 | −19.2 | −9 |
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
Filings & events
News
No recent news coverage found.