Voith Paper Fabrics India (VOITHPAPR) had a P/E of 14.6× on 6 Nov 2026, above the industry P/E of 14.0×, and the shares are 18% below their 52-week high. Sales and net profit grew 8.3% and 9.3% a year over 3 years, with ROCE of 13% and ROE of 10%. It carries very little debt, and its dividend yield is 0.7%. It is a small-cap company with a market cap of ₹607 Cr, ranked 10th of 43 Paper & Paper Products companies by market cap; the shares fell 7.3% over the past year.
- ₹1,448.00
- ₹1,448.00
- ₹1,360.00
- ₹1,429.70
- 237
Health check
- ReturnsIn line
−7.3% over a year, better than 4 of 7 peers.
- Price tagIn line
P/E 14.6 vs industry 14.0.
- GrowthStrong
Sales +8.3%, profit +9.3% a year over 3 years.
- ProfitabilityAverage
ROCE 12.7% vs peer median 6.0%.
- Balance sheetSolid
Practically debt-free, Piotroski 7 of 9.
- Red flags1 to check
Quarterly sales down 1.2% on a year ago.
Small cap
Market sensitivity
Key metrics
- Market cap
- ₹607 Cr
- Small cap
- P/E
- 14.6
- Industry 14.0
- Price to book
- 1.43
- Peers 1.16
- Dividend yield
- 0.72%
- ROE
- 10.3%
- Peers 5.8%
- ROCE
- 12.7%
- Peers 6.0%
- Debt to equity
- 0.00
- Debt ₹0.21 Cr
- EPS (TTM)
- ₹94.51
- Face value ₹10
- OPM (TTM)
- 27.2%
- Net margin 19.9%
- Sales growth
- −1.2%
- Latest quarter vs a year ago
- Profit growth
- +0.5%
- Latest quarter vs a year ago
- Price to sales
- 2.91
- EV/EBITDA 6.2
Strengths and risks
Strengths
- Practically debt-free.
- Positive operating cash flow in each of the last 4 years.
Risks to check
- Quarterly sales down 1.2% on a year ago.
About Voith Paper Fabrics India
Voith Paper Fabrics India Limited engages in the manufacture and trading of paper machine clothing for pulp, and paper and paperboard industries in India and internationally. The company offers forming, press, and dryer fabrics, as well as fabrics used for making fiber cement sheets and pipes. It also provides range of roll covers and doctor blades for various types of paper machines and QualiFlex sleeves for shoe press and doctor blades. The company was…
- Headquarters
- Faridabad
- Employees
- 136
- Sector
- Basic Materials
- ISIN
- INE285C01015
- Website
- voith.com
Price range
- Avg volume (3M)
- 371
- 1-year return
- minus 7.3%
- From 52-week high
- minus 18.5%
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% |
| VOITHPAPRVoith Paper Fabrics India | 1,382.90 | minus 3.27% | 607 | 14.6 | 6.4 | 12.7% | 27.2% | 0.00 | 8.3% | minus 7.3% |
| Median of 7 peers | – | −0.93% | 1,223 | 18.4 | 9.2 | 6.0% | 10.1% | 0.29 | −3.6% | −8.9% |
Quarterly results
| ₹ Cr | Jun 25 | Sep 25 | Dec 25 | Mar 26 | Jun 26 |
|---|---|---|---|---|---|
| 52.8 | 53.2 | 49.7 | 53.2 | 52.1 | |
| 37.1 | 39.1 | 35.5 | 41.1 | 36 | |
| 15.7 | 14.1 | 14.2 | 12.2 | 16.1 | |
| 29.7% | 26.6% | 28.6% | 22.8% | 30.9% | |
| 4.8 | 5.1 | 4.3 | 5 | 4.7 | |
| 0 | 0 | 0 | 0 | 0 | |
| 3.7 | 3.8 | 3.8 | 3.7 | 3.6 | |
| – | – | −3.6 | −1.5 | – | |
| 16.8 | 15.4 | 11 | 12 | 17.2 | |
| 25.2% | 25.2% | 25.8% | 23.7% | 26.5% | |
| 12.6 | 11.5 | 8.2 | 9.2 | 12.6 | |
| 28.66 | 26.25 | 18.64 | 20.84 | 28.78 |
Profit & loss
- Sales CAGR 3Y
- +8.3%
- Profit CAGR 3Y
- +9.3%
- EPS CAGR 3Y
- +9.3%
- ROE
- 10.3%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 163 | 178 | 188 | 207 | |
| – | +9.2% | +5.9% | +9.7% | |
| 121 | 133 | 137 | 150 | |
| 41.9 | 45.3 | 51 | 56.6 | |
| 25.7% | 25.4% | 27.1% | 27.4% | |
| 10.4 | 14.7 | 16.2 | 18.6 | |
| – | 0 | 0 | 0 | |
| 9.5 | 11 | 13.1 | 15 | |
| −0 | −0.1 | −0.4 | −5 | |
| 42.8 | 48.8 | 53.7 | 55.2 | |
| 25.8% | 25.6% | 25.7% | 25.0% | |
| 31.8 | 36.3 | 39.9 | 41.4 | |
| – | +14.3% | +9.9% | +3.9% | |
| 72.34 | 82.67 | 90.87 | 94.36 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 4.4 | 4.4 | 4.4 | 4.4 | |
| 311 | 344 | 380 | 419 | |
| – | 0.2 | 0.3 | 0.2 | |
| 34.8 | 40.9 | 42.3 | 47.7 | |
| 350 | 390 | 427 | 472 | |
| 83 | 112 | 127 | 127 | |
| 3.6 | 3.2 | 13.8 | 5.5 | |
| 0.7 | 0.8 | 0.7 | 0.8 | |
| 188 | 199 | 210 | 244 | |
| 74.8 | 75.1 | 75.4 | 94.6 | |
| 350 | 390 | 427 | 472 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 26.2 | 26.3 | 30.7 | 42 | |
| −21.7 | −20.5 | −28 | −41.9 | |
| −2.7 | −3.2 | −3.7 | −4.5 | |
| 1.8 | 2.6 | −1 | −4.4 | |
| −20.4 | −25.8 | −26.3 | −21.6 | |
| 5.7 | 0.4 | 4.4 | 20.4 | |
| −2.7 | −3.1 | −3.5 | −4.4 |
Shareholding pattern
NSE hasn’t returned a shareholding pattern for this company.
Major shareholders
Filings & events
News
No recent news coverage found.