Arthneeti

Malu Paper Mills Q2 FY27 Share Price & Earnings Call Analysis

₹30.78-0.16% today
Market cap
₹53 Cr
Price to sales
0.14
Debt to equity
0.00
52W high / low
₹41.5 / ₹27.1
Sales growth (5Y)
14.47%
EBITDA margin
1.13%
Net profit margin
-5.86%
Promoter holding
69.80%
Sales (last year)
₹364 Cr

Incorporated in 1996, Malu Paper Mills Ltd is recycled paper based manufacturer of Kraft, Newsprint and Writing Printing paper[1]

Potential multibaggers · Q2 FY27

Potential multibaggers in Paper, Forest & Jute Products
on management's own guidance

  1. Nikita Greentech RecyclingSlow growth
    2
  2. Kuantum PapersModerate growth
    1
  3. Satia IndustriesSlow growth
    3
See all potential multibaggersWhere does Malu Paper rank?

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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.

Peers

Paper, Forest & Jute Products companies ranked on guidance

#CompanyRevenue guidedMargin guidedMarket capP/E
1Kuantum Papers10–20%Up 2%+₹630 Cr17.4
2Nikita Greentech Recycling0–10%Up 0–2%₹163 Cr14.8
3Satia Industries0–10%Flat₹682 Cr—

Sign up free to see every company in the sector ranking and track Malu Paper.

Pro shows every company guiding 40%+ revenue growth →Full Paper, Forest & Jute Products ranking

Financials of Malu Paper

Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.

Shareholder Pattern

Malu Paper

Shareholding breakup across reporting periods.

Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026
Promoters +69.95%69.95%69.95%69.80%69.80%69.80%69.80%69.80%69.80%69.80%69.80%69.80%
Public +30.06%30.05%30.06%30.19%30.20%30.19%30.19%30.21%30.19%30.20%30.19%30.20%
No. of Shareholders8,1849,5199,3309,94610,2149,89310,0239,7969,7659,4549,2539,237

Financials of Malu Paper

Quarterly Results

Quarter-by-quarter operating performance

Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026
Sales +68.1561.5175.3957.6664.8362.7593.2094.4356.4976.90106.72123.52117.79
Expenses +64.0457.2070.5956.7665.7663.8092.5199.1959.6379.99102.23117.67110.99
Operating Profit4.114.314.800.90-0.93-1.050.69-4.76-3.14-3.094.495.856.80
OPM %6.03%7.01%6.37%1.56%-1.43%-1.67%0.74%-5.04%-5.56%-4.02%4.21%4.74%5.77%
Other Income +0.000.000.000.000.000.000.000.000.000.000.000.000.00
Interest2.622.583.102.412.682.823.512.543.112.922.822.592.31
Depreciation1.251.251.261.291.291.301.451.371.371.371.371.431.43
Profit before tax0.240.480.44-2.80-4.90-5.17-4.27-8.67-7.62-7.380.301.833.06
Tax %25.00%27.08%79.55%-29.64%-25.10%-29.01%-33.96%-29.18%-26.64%-30.89%1,030.00%30.05%18.63%
Net Profit +0.170.360.10-1.97-3.67-3.67-2.82-6.15-5.59-5.10-2.801.282.49
EPS in Rs0.100.210.06-1.15-2.15-2.15-1.65-3.61-3.28-2.99-1.640.751.46

Financials of Malu Paper

Profit & Loss

Annual income statement trend

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales +224221243279274226170212234274278333425
Expenses +201200220261251213164208235258279340411
Operating Profit23212218231364-117-1-714
OPM %10%9%9%6%9%6%3.4%1.7%-0.4%6%-0.3%-2.1%3.3%
Other Income +0211111111110
Interest1616141210888911111111
Depreciation5555555555566
Profit before tax3342101-6-8-141-17-23-2
Tax %31%31%31%32%26%39%-6%-24%-25%39%-29%-16%
Net Profit +223171-6-6-101-12-20-4
EPS in Rs1.101.141.690.864.350.39-3.38-3.67-6.130.53-7.11-11.45-2.42
Dividend Payout %0%0%0%0%0%0%0%0%0%0%0%0%

Financials of Malu Paper

Balance Sheet

Capital structure and asset base

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026Sep 2026
Equity Capital17171717171717171717171717
Reserves-4-277141470-11-10-23-43-39
Borrowings +111108110101898893104123132145155145
Other Liabilities +34331834212233342229345154
Total Liabilities157156152159140140151155151167172181177
Fixed Assets +92898480798076716865676865
CWIP0001100005000
Investments0000000000000
Other Assets +65666777606074848397105113112
Total Assets157156152159140140151155151167172181177

Financials of Malu Paper

Cash Flows

Operating, investing and financing cash movement

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity +1920201919154-2-9947
Cash from Investing Activity +-3-213-4-4-10-2-8-3-7
Cash from Financing Activity +-16-19-22-22-16-11-2211-2-1-1
Net Cash Flow00-0-0-11-00-000-0
Free Cash Flow1619201815112-2-11211
CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit89%102%91%109%80%120%61%-62%964%55%-411%-104%

Financials of Malu Paper

Ratios

Working capital efficiency and return ratios

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days353835363242705135414543
Inventory Days50495762616210199901088970
Days Payable4442426444581157743555477
Cash Conversion Cycle404550344946567382948036
Working Capital Days-22-51-53-58-78-112-99-95-84-108-121
ROCE %15%15%15%11%16%8%1%-0%-4%9%-4%-9%

Continue your research

What Malu Paper's management said in earlier quarters

Others in Paper, Forest & Jute Products this season

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    Revenue from operations for the quarter ended September 30, 2026: ₹42,606.88 lakhs . Key results statement takeaways from Andhra Paper Ltd's Q2 FY27 results sta

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  • Emami Paper Mills Ltd (Q2 FY27)

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  • Genus Paper & Boards Ltd (Q2 FY27)

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