RUCHIRA
Ruchira Papers financials
- Market cap
- ₹329 Cr
- Sector
- Forest Materials
Quarterly results
Q1 FY27: revenue up 3.8%, net profit down 63.8% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 165 | 168 | 162 | 169 | 167 +1% | 132 −22% | 182 +13% | 175 +4% |
| EBITDA | 28 | 26 | 27 | 27 | 25 −13% | 9 −66% | 20 −25% | 15 −45% |
| Net profit | 18 | 16 | 18 | 17 | 16 −12% | 2 −88% | 10 −48% | 6 −64% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance −27.1% 1Y
1Y: ₹149.33 on 10 Sept 2025 → ₹108.83. High ₹170.03 (19 Sept 2025), low ₹96 (30 Mar 2026).
Financials, as filed
Revenue fell 6.9% a year over 3 years, FY23 to FY26. Operating margin narrowed to 12.5%.
| Year ending | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Revenue | ₹803 Cr | ₹658 Cr | ₹659 Cr | ₹649 Cr |
| Operating profit | ₹108 Cr | ₹82 Cr | ₹107 Cr | ₹81 Cr |
| Operating margin | 13.5% | 12.4% | 16.2% | 12.5% |
| Interest | ₹6 Cr | ₹4 Cr | ₹4 Cr | ₹8 Cr |
| Depreciation | ₹16 Cr | ₹15 Cr | ₹17 Cr | ₹18 Cr |
| Net profit | ₹68 Cr | ₹49 Cr | ₹67 Cr | ₹44 Cr |
| Net margin | 8.5% | 7.5% | 10.2% | 6.8% |
| Cash from operations | ₹62 Cr | ₹41 Cr | ₹92 Cr | ₹65 Cr |
| Free cash flow | ₹24 Cr | ₹13 Cr | ₹56 Cr | ₹-172 Cr |
| ROCE | 24.0% | 16.0% | 19.0% | 11.0% |
How to read this
From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.
Balance sheet
| Year ending | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹24 Cr | ₹25 Cr | ₹30 Cr | ₹30 Cr | ₹30 Cr | ₹30 Cr |
| Reserves | ₹246 Cr | ₹284 Cr | ₹351 Cr | ₹384 Cr | ₹469 Cr | ₹465 Cr |
| Borrowings | ₹76 Cr | ₹66 Cr | ₹42 Cr | ₹44 Cr | ₹189 Cr | ₹183 Cr |
| Other liabilities | ₹68 Cr | ₹84 Cr | ₹87 Cr | ₹64 Cr | ₹95 Cr | ₹85 Cr |
| Total liabilities | ₹414 Cr | ₹460 Cr | ₹509 Cr | ₹523 Cr | ₹783 Cr | ₹764 Cr |
| Fixed assets | ₹235 Cr | ₹251 Cr | ₹296 Cr | ₹310 Cr | ₹294 Cr | ₹422 Cr |
| Capital work in progress | ₹30 Cr | ₹27 Cr | ₹4 Cr | ₹3 Cr | ₹156 Cr | ₹128 Cr |
| Investments | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Other assets | ₹149 Cr | ₹182 Cr | ₹209 Cr | ₹210 Cr | ₹332 Cr | ₹213 Cr |
| Total assets | ₹414 Cr | ₹460 Cr | ₹509 Cr | ₹523 Cr | ₹783 Cr | ₹764 Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Jun 2026
Since Jun 2025, FIIs trimmed −0.43 pp while the public added +0.38 pp.
- Promoters
- 68.7%
- FIIs
- 0.9%
- DIIs
- 0.0%
- Public
- 30.4%
Since Jun 2025
- FIIs −0.43 pp
- Public +0.38 pp
- DIIs +0.03 pp
How it drifted, 12 quarters
Ownership split by quarter, oldest first. Sep '23: Promoters 68.7%, FIIs 1.1%, Public 30.2%.Dec '23: Promoters 68.7%, FIIs 0.9%, Public 30.4%.Mar '24: Promoters 68.7%, FIIs 0.8%, Public 30.5%.Jun '24: Promoters 68.7%, FIIs 0.9%, Public 30.5%.Sep '24: Promoters 68.7%, FIIs 1.0%, Public 30.3%.Dec '24: Promoters 68.7%, FIIs 1.0%, Public 30.4%.Mar '25: Promoters 68.7%, FIIs 0.9%, Public 30.4%.Jun '25: Promoters 68.7%, FIIs 1.3%, Public 30.0%.Sep '25: Promoters 68.7%, FIIs 1.0%, Public 30.4%.Dec '25: Promoters 68.7%, FIIs 0.9%, Public 30.4%.Mar '26: Promoters 68.7%, FIIs 0.9%, Public 30.4%.Jun '26: Promoters 68.7%, FIIs 0.9%, DIIs 0.0%, Public 30.4%.
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.
- Shashi Garg +2.35 pp 9.43% held
- Apeksha Kotahwala Garg +0.12 pp 0.30% held
The same filing shows 0 holders trimming and 1 off the list — both are in the register beside this.
Who is on the register
Named in the Jun 2026 filing
Every holder of Ruchira Papers Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Jatinder Singh | 9.64% | unchanged |
| Shashi Garg | 9.43% | +2.35 pp |
| Charanjeet Kaur | 4.93% | unchanged |
| Umesh Garg Huf | 3.50% | unchanged |
| Shaloo Gupta | 3.49% | unchanged |
| Radhika Garg | 3.49% | unchanged |
| Ruchica Garg Kumar | 3.49% | unchanged |
| Vaishali Jhaveri | 3.49% | unchanged |
| Parveen Garg | 3.38% | unchanged |
| Atul Garg | 3.02% | unchanged |
| Deepan Garg | 3.02% | unchanged |
| Lucky Garg | 3.02% | 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.
Learn to analyse Ruchira Papers Limited
Guides on how to read this kind of business and the numbers that matter.