Shree Ajit Pulp and Paper Share Price & Earnings Call Analysis

₹312.00-4.66% today

Market cap: ₹278 Cr
P/E: 6.68
ROE: 11.42%
PEG: 0.51
Price to sales: 0.38
Debt to equity: 0.92
52W high / low: ₹355 / ₹221
Sales growth (5Y): 21.33%
EBITDA margin: 14.68%
Net profit margin: 4.29%
Promoter holding: 59.60%
Sales (last year): ₹725 Cr

All 12 ratios ↓

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Financials of Shree Ajit Pulp and Paper

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

Financials of Shree Ajit Pulp and Paper

Quarterly Results

Quarter-by-quarter operating performance

	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025
Sales +	86.62	75.75	75.87	68.10	43.07	107.47	118.22	111.47	120.75	155.06	177.09	172.50	176.81
Expenses +	76.01	71.90	70.39	63.22	38.09	102.00	107.34	101.48	108.18	137.39	154.09	151.67	153.51
Operating Profit	10.61	3.85	5.48	4.88	4.98	5.47	10.88	9.99	12.57	17.67	23.00	20.83	23.30
OPM %	12.25%	5.08%	7.22%	7.17%	11.56%	5.09%	9.20%	8.96%	10.41%	11.40%	12.99%	12.08%	13.18%
Other Income +	10.83	-0.04	0.89	0.39	0.08	5.65	0.24	0.05	0.04	1.57	0.13	0.09	0.11
Interest	2.43	0.85	0.84	0.98	0.98	4.61	4.59	4.59	5.80	7.57	7.90	7.33	7.30
Depreciation	1.79	1.79	1.82	1.86	1.85	3.58	3.56	3.59	4.29	4.90	4.95	5.01	5.00
Profit before tax	17.22	1.17	3.71	2.43	2.23	2.93	2.97	1.86	2.52	6.77	10.28	8.58	11.11
Tax %	10.51%	64.96%	28.03%	52.67%	28.70%	3.07%	26.26%	26.34%	26.19%	40.77%	31.23%	32.05%	32.13%
Net Profit +	15.41	0.42	2.67	1.14	1.59	2.85	2.19	1.38	1.86	4.01	7.07	5.84	7.53
EPS in Rs	17.31	0.47	3.00	1.28	1.79	3.20	2.46	1.56	2.10	4.51	7.95	6.57	8.47

Financials of Shree Ajit Pulp and Paper

Profit & Loss

Annual income statement trend

	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	TTM
Sales +	205	203	237	209	249	270	240	267	418	372	295	506	681
Expenses +	179	183	209	190	226	225	206	222	376	343	274	454	597
Operating Profit	26	20	28	19	24	44	34	45	43	29	21	51	85
OPM %	13%	10%	12%	9%	10%	16%	14%	17%	10%	8%	7%	10%	12%
Other Income +	0	0	0	0	-0	1	1	1	1	10	7	2	2
Interest	4	5	5	4	6	5	4	4	5	6	7	23	30
Depreciation	5	5	5	5	6	7	8	8	7	7	9	16	20
Profit before tax	18	10	18	9	11	33	23	34	32	25	11	14	37
Tax %	33%	27%	34%	29%	32%	28%	15%	30%	32%	18%	27%	33%
Net Profit +	12	7	12	6	8	24	20	24	22	21	8	9	24
EPS in Rs	13.19	7.99	13.24	7.24	8.62	26.91	22.39	26.97	24.29	23.26	9.27	10.59	27.50
Dividend Payout %	2%	4%	3%	6%	5%	2%	2%	2%	2%	3%	0%	0%

Financials of Shree Ajit Pulp and Paper

Balance Sheet

Capital structure and asset base

	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Sep 2025
Equity Capital	5	5	5	5	5	5	5	5	5	5	8	9	9
Reserves	63	70	81	88	95	118	138	161	182	203	220	239	252
Borrowings +	43	41	33	44	51	36	30	24	46	169	226	285	273
Other Liabilities +	30	33	38	36	36	40	37	54	48	51	63	67	72
Total Liabilities	142	149	157	173	187	199	210	245	282	429	516	600	607
Fixed Assets +	89	91	91	89	111	127	134	129	128	140	294	408	399
CWIP	3	3	1	6	2	3	3	1	3	139	44	0	1
Investments	0	0	0	5	5	8	8	7	4	13	0	0	0
Other Assets +	51	54	65	73	69	62	65	108	147	136	179	192	207
Total Assets	142	149	157	173	187	199	210	245	282	429	516	600	607

Financials of Shree Ajit Pulp and Paper

Cash Flows

Operating, investing and financing cash movement

	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Cash from Operating Activity +	14	16	17	14	18	45	32	25	-7	21	19	8
Cash from Investing Activity +	-16	-9	-4	-27	-18	-24	-14	0	-15	-146	-87	-46
Cash from Financing Activity +	2	-8	-13	13	1	-21	-10	-10	16	110	66	48
Net Cash Flow	-0	-1	-0	0	0	0	8	15	-7	-15	-2	10
Free Cash Flow	-3	7	13	-12	-0	23	18	25	-24	-125	-76	-39
CFO/OP	69%	94%	72%	91%	82%	120%	107%	77%	7%	89%	110%	19%

Financials of Shree Ajit Pulp and Paper

Ratios

Working capital efficiency and return ratios

	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Debtor Days	50	46	61	55	60	43	51	58	49	41	66	57
Inventory Days	43	56	42	57	50	56	53	78	73	84	118	80
Days Payable	31	36	40	45	35	40	42	57	32	33	76	38
Cash Conversion Cycle	61	66	63	67	75	58	62	79	90	91	108	98
Working Capital Days	6	9	32	20	23	29	39	45	41	50	30	22
ROCE %	21%	13%	19%	10%	12%	25%	17%	21%	17%	10%	3%	7%