Malu Paper Mills share price & results
- Jun 2026
- Jun 2026
Nagpur-based (Central India) manufacturer of Kraft/packaging paper, Newsprint and Writing & Printing paper made from recycle-grade waste paper.
Reported
The figures, each with its period
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 124 | +30.8% YoY | Quarterly, as filed | Quarter to Jun 2026 | Revenue from operations as filed. |
| Operating margin | 4.7 | +9.8 pts YoY | Operating profit / revenue | Quarter to Jun 2026 | For the quarter; a change is in percentage points. |
| Net profit | 1.3 | Quarterly, as filed | Quarter to Jun 2026 | Profit after tax as filed. The year-earlier figure was zero or a loss, so no percentage is shown. | |
| Return on equity | 46.96 | +61.5 pts | Trailing twelve months | TTM to Jun 2026 | Adjusted profit attributable to owners ÷ average owners’ equity. |
| Free cash flow margin | 0.31 | −0.3 pts | Fiscal year | FY ending Mar 2026 | (Operating cash flow − fixed-asset purchases + disposals) ÷ revenue. |
| Revenue growth (YoY) | 15.36 | +19.0 pts | Trailing twelve months | TTM to Jun 2026 | Revenue change against the same period one year earlier. |
Price
Performance −20.4% 1Y
1Y: ₹38.78 on 24 Oct 2025 → ₹30.87. High ₹41.48 (21 Nov 2025), low ₹27.14 (30 Mar 2026).
- Previous close
- ₹30.4
- Market cap
- ₹53 Cr
- 52-week range
- ₹27.14 – ₹41.48
- One year
- −19.21%
- Return on equity (TTM to Jun 2026)
- 46.96%
Overview
- Symbol
- NSE:MALUPAPER
- Sector
- Forest Materials
- Industry
- Commodities
- Exchange
- NSE
- Currency
- INR
What Malu Paper Mills Limited does
Based on the company's own presentations, annual report and earnings calls.
Malu Paper Mills manufactures Kraft (packaging) paper, Newsprint paper and Writing & Printing paper at two plants located in Nagpur, Maharashtra — a Kraft Division and a separate Newsprint & Writing/Printing Division. Its Newsprint and Writing & Printing production runs on a recycle (waste-paper) process with a swing facility that lets it shift output between newsprint and writing paper on short notice depending on market demand. The company describes itself as the largest Newsprint and Writing & Printing paper manufacturer in Central India, while its Kraft paper line (also made from recycle-grade material) has become the larger share of total output.
Segments
- Kraft / packaging paper
- Newsprint & Writing/Printing paper
- Manufacturing plants
- 2 (Kraft Division and Newsprint & Writing/Printing Division, both at Nagpur, Maharashtra)
- Installed capacity – Newsprint & Writing/Printing paper
- 49,500 TPA
- Installed capacity – Kraft (packaging) paper
- 66,000 TPA (from recycle grade)
- Total paper production (FY25)
- 80,669 MT
- Kraft paper production (FY25)
- 59,825 MT (74% of output)
- Newsprint & Writing/Printing paper production (FY25)
- 20,843 MT (26% of output)
Fundamentals
Ratios, each with its period
Current values with the period they cover; the trend reads across the 6 fiscal years held (Mar 2021 to Mar 2026).
Financials
What the filings say
Net profit, year on year: +121% (quarter to jun 2026 against jun 2025).
| Line item | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 65 | 63 | 93 | 94 | 56 | 77 | 107 | 124 |
| Expenses | 66 | 64 | 93 | 99 | 60 | 80 | 102 | 118 |
| Operating profit | -1 | -1 | 1 | -5 | -3 | -3 | 4 | 6 |
| Operating margin | −1.4% | −1.7% | 0.7% | −5.0% | −5.6% | −4.0% | 4.2% | 4.7% |
| Other income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest | 3 | 3 | 4 | 3 | 3 | 3 | 3 | 3 |
| Depreciation | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Profit before tax | -5 | -5 | -4 | -9 | -8 | -7 | 0 | 2 |
| Tax rate | −25.1% | −29.0% | −34.0% | −29.2% | −26.6% | −30.9% | 1030.0% | 30.1% |
| Net profit | -4 | -4 | -3 | -6 | -6 | -5 | -3 | 1 |
| EPS (₹ per share) | -2.15 | -2.15 | -1.65 | -3.61 | -3.28 | -2.99 | -1.64 | 0.75 |
| Line item | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|
| Sales | 275 | 278 | 335 |
| Expenses | 258 | 279 | 341 |
| Operating profit | 17 | -0 | -6 |
| Other income | 0 | 0 | 0 |
| Interest | 11 | 11 | 11 |
| Depreciation | 5 | 5 | 5 |
| Profit before tax | 1 | -17 | -23 |
| Net profit | 1 | -12 | -20 |
| Line item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sept 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Equity capital | 17 | 17 | 17 | 17 | 17 | 17 |
| Reserves | 0 | -11 | -10 | -23 | -34 | -43 |
| Borrowings | 104 | 123 | 132 | 145 | 146 | 155 |
| Other liabilities | 34 | 22 | 29 | 34 | 41 | 51 |
| Total liabilities | 155 | 151 | 167 | 172 | 170 | 181 |
| Fixed assets | 71 | 68 | 65 | 67 | 64 | 68 |
| Capital work in progress | 0 | 0 | 5 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| Other assets | 84 | 83 | 97 | 105 | 105 | 113 |
| Total assets | 155 | 151 | 167 | 172 | 170 | 181 |
| Line item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Cash from operations | 4 | -2 | -9 | 9 | 4 | 7 |
| Cash from investing | -1 | 0 | -2 | -8 | -3 | -7 |
| Cash from financing | -2 | 2 | 11 | -2 | -1 | -1 |
| Net cash flow | 0 | 0 | 0 | 0 | 0 | 0 |
| Free cash flow | 2 | -2 | -11 | 2 | 1 | 1 |
| Line item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Debtor days | 70 | 51 | 35 | 41 | 45 | 43 |
| Inventory days | 101 | 99 | 90 | 108 | 89 | 70 |
| Days payable | 115 | 77 | 43 | 55 | 54 | 77 |
| Cash conversion cycle | 56 | 73 | 82 | 94 | 80 | 36 |
| Working capital days | -112 | -99 | -95 | -84 | -108 | -121 |
| Return on capital employed | 1.0% | 0.0% | −4.0% | 9.0% | −4.0% | −9.0% |
| Dividend payout | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Ownership
Who owns it
Promoters hold 69.80% as of Jun 2026.
- Promoters 69.80%
- Public 30.19%
Who bought this quarter
since Mar 2026
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- +0.18 pp 2.01% held
The same filing shows 0 holders trimming and 0 off the list — both are in the register beside this.
Who is on the register
Named in the Jun 2026 filing
Every holder of Malu Paper Mills Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| 8.88% | unchanged | |
| 6.11% | unchanged | |
| 6.06% | unchanged | |
| 4.27% | unchanged | |
| 4.26% | unchanged | |
| 3.98% | unchanged | |
| 3.92% | unchanged | |
| 3.09% | unchanged | |
| 2.42% | unchanged | |
| 2.37% | unchanged | |
| 2.19% | unchanged | |
| 2.17% | unchanged |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
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