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Nath Industries Ltd (502587)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 502587 NSE: Paper & Paper Products | Small Cap | Nath Industries Share Price

₹49.52 -0.46 (-0.92%)

As on 04-Jun'26 16:59

Nath Industries Ltd (502587)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 502587 NSE: Paper & Paper Products | Small Cap | Nath Industries Share Price

₹49.52 -0.46 (-0.92%)

As on 04-Jun'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹94 Cr.
Current Price
₹49.5
52-Week Low / High
₹42 / 94
TTM EPS
₹3.5
TTM Sales
₹491 Cr.
Book Value per Share
₹136.7
P/E Ratio
14.09
Lower than its 5-year historical median
Industry PE
16.9
Price to Book (P/B)
0.36
Lower than its 5-year historical median
Price to Sales (P/S)
0.19
Lower than its 5-year historical median
EV/EBITDA
6.11
Lower than its 5-year historical median
Dividend Yield
0.00%
Profitability Efficiency
Return on Equity (ROE)
3.90%
Underperforms industry median
Return on Capital Employed (ROCE)
6.70%
Underperforms industry median
Return on Assets (ROA)
2.16%
Operating Profit Margin
6.3%
Net Profit Margin
2.29%
Gross Profit Margin
5.3%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Improving versus 3-year growth rate
32.29%
Operating Profit Growth (1 Year)
Improving versus 3-year growth rate
107.08%
Net Profit Growth (1 Year)
Improving versus 3-year growth rate
1887.76%
Asset Quality
Promoter Holding
73.71%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹241 Cr.
Equity
₹19 Cr.
Face Value
₹10
All Time Low / High
₹0.40 / 125.05

Nath Industries stock performance

Key Ratios
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Check Before You Invest

M-Cap below 100cr DeciZen not available

Q.1 Is Nath Industries Ltd a good quality company?
Nath Industries Ltd is a quality company, based on a multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

How does Nath Industries Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Nath Industries Ltd vs industry peers?
Nath Industries Ltd revenue CAGR is 7.27%, compared to the industry median CAGR of 5.29%, indicating faster growth and gaining its market share.
Q.1 Promoter shareholding and pledge status of Nath Industries Ltd?
Promoters hold 73.71% of the Nath Industries Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 How do the current valuation ratios compare with 5-year historical median and industry numbers?

10 Year X-Ray :

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Nath Industries Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
ROCE % 10.1%6.7%7.1%7.7%12.3%9%7%1.6%2.8%6.7%-
Value Creation
Index
-0.3-0.5-0.5-0.5-0.1-0.4-0.5-0.9-0.8-0.5-

Growth Parameters

Sales 90.5110120137299292421408321424491
Sales YoY Gr.-21.3%9.6%14.3%117.6%-2.4%44.3%-3%-21.4%32.3%-
Adj EPS 21.42.23.49.27.68.41.304.63.5
YoY Gr.--32.2%62.8%54.3%166.3%-17.1%10.9%-84.2%-97%11475%-
BVPS (₹) 35.858.462.473.3112.4120.8128.6128129.1133.4136.7
Adj Net
Profit
2.21.52.53.817.414.4162.50.18.87
Cash Flow from Ops. 1.20.82.37.217.11810.313.33014-
Debt/CF from Ops. 4.80033.82.87.49.14.58.9-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales 18.7%7.3%0.3%32.3%
Adj EPS 9.7%-12.8%-18.1%11475%
BVPS15.8%3.5%1.2%3.4%
Share Price 18.8% -14.7% -2.9% -44.8%

Key Financial Parameters

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
5.22.83.75.111.86.56.8103.52.6
Op. Profit
Mgn %
5.85.35.66.49.310.26.11.74.16.34.4
Net Profit
Mgn %
2.51.422.85.84.93.80.602.11.4
Debt to
Equity
0.2000.30.30.20.30.50.60.50
Working Cap
Days
15213914314411917513614717513350
Cash Conv.
Cycle
6557656144696068806411

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Sales90.47109.73120.22137.35298.80291.70420.77408.21320.83424.43
Operating Expenses + 85.23103.96113.50128.53271.06261.94395.33401.42307.84397.52
Manufacturing Costs18.3520.4919.6624.1859.5751.8373.2578.0268.4165.16
Material Costs57.5872.9082.7191.88173.57172.18277.62279.45195.87283.98
Employee Cost 3.614.144.475.2119.2316.8419.0920.5621.9721.57
Other Costs 5.706.436.667.2518.7021.0925.3723.3921.5926.81
Operating Profit 5.245.776.728.8227.7329.7725.446.791326.92
Operating Profit Margin (%) 5.8%5.3%5.6%6.4%9.3%10.2%6.0%1.7%4.1%6.3%
Other Income + 0.250.040.250.261.871.692.415.924.278.07
Exceptional Items 0000000000
Interest 0.870.920.852.244.733.394.825.359.5312.46
Depreciation 1.082.132.232.526.136.436.747.136.979.55
Profit Before Tax 3.542.753.894.3318.7421.6516.290.220.7712.98
Tax 1.311.241.430.550.526.41-0.36-2.450.273.24
Profit After Tax 2.231.512.463.7818.2115.2416.652.670.499.74
PAT Margin (%) 2.5%1.4%2.0%2.8%6.1%5.2%4.0%0.7%0.2%2.3%
Adjusted EPS (₹)2.01.42.23.49.68.08.81.40.35.1
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Valuation of Nath Industries - Standalone

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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Analyst's Notes

data not found
No data found!

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund + 43.5464.2868.5880.68213.49229.51244.36243.19245.25253.54
Share Capital 11111111191919191919
Reserves 32.5453.2857.5869.68194.49210.51225.36224.19226.25234.54
Debt +5.790021.2861.5343.4565.93108.77124.30117.09
Long Term Debt0.22001.0138.2636.8948.7762.9562.8654.38
Short Term Debt5.580020.2723.276.5617.1645.8261.4462.71
Minority Interest0000000000
Trade Payables3.337.563.468.4222.1125.9026.0927.8128.5023.12
Others Liabilities 4.9325.0827.709.6147.4751.8156.0552.7153.4257.61
Total Liabilities 57.5996.9399.75119.98344.60350.67392.42432.49451.47451.36

Fixed Assets

Net Fixed Assets +15.1846.8347.8353.58205.18202.26206.49205.32288.52280.53
Gross Block66.5648.9652.1960.46222.32225.83236.80242.67332.81334.34
Accumulated Depreciation51.382.134.366.8817.1423.5730.3137.3544.2853.81
CWIP 1.070.440.620.220.521.024.6059.460.370.37
Investments 0.330.744.125.081.84011.357.529.257.76
Inventories7.9512.8311.5610.8529.7934.6641.6147.4845.9538.69
Trade Receivables12.6414.9915.7120.4345.1354.1763.4955.1849.8270.52
Cash Equivalents 0.310.070.070.042.502.600.650.146.280.13
Others Assets 20.1021.0419.8529.7859.6455.9764.2457.3951.2853.37
Total Assets 57.5996.9399.75119.98344.60350.67392.42432.49451.47451.36

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity + 1.220.812.257.1917.1318.0310.2913.2830.0213.95
PBT 2.372.753.894.3318.7421.6516.290.260.8615.25
Adjustment 1.952.303.342.8210.288.1510.6011.3814.4119.34
Changes in Working Capital -3.11-2.99-3.550.59-11.67-8.27-16.354.4414.95-17.85
Tax Paid 0-1.24-1.43-0.55-0.21-3.50-0.25-2.80-0.19-2.80
Cash Flow From Investing Activity + -2.03-3.41-3.85-15.94-6.141.45-33.41-53.55-30.223.91
Capex -1.55-4.07-2.31-16.23-14.58-2.32-10.97-5.97-90.18-1.56
Net Investments 00-1.54-0.368.753.73-13.15000
Others -0.480.66-00.65-0.300.04-9.30-47.5859.955.47
Cash Flow From Financing Activity + -0.182.601.608.72-12.19-19.3721.1839.766.34-24.02
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 0.05000.93-1.110.1716.0516.11-0.09-8.48
Interest Paid -0.87-0.58-0.43-1.97-4.43-3.13-4.43-5.01-9.18-12.14
Dividend Paid 0000000000
Others 0.643.172.039.76-6.66-16.429.5628.6615.61-3.39
Net Cash Flow -0.9900-0.03-1.200.10-1.94-0.516.14-6.15

Financial Ratio

PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)5.822.913.75.0712.386.887.031.10.23.9
ROCE (%)10.086.717.147.6912.38.967.041.632.766.7
Asset Turnover Ratio1.681.521.251.251.290.841.130.990.730.94
PAT to CFO Conversion(x)0.550.540.911.90.941.180.624.9761.271.43
Working Capital Days
Receivable Days51.704345.80484062.105153.1059.7051.70
Inventory Days29.6032.4036.3029.8024.8040.3033.1039.8053.1036.40
Payable Days23.2027.3024.3023.6032.1050.9034.2035.2052.5033.20

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Nath Industries Ltd FAQs

The current trading price of Nath Industries on 04-Jun-2026 16:59 is ₹49.52.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 03-Jun-2026 the market cap of Nath Industries stood at ₹94.09 Cr

The latest P/E ratio of Nath Industries as of 03-Jun-2026 is 14.09.

The latest P/B ratio of Nath Industries as of 03-Jun-2026 is 0.36.

The 52-week high of Nath Industries is ₹94.40 and the 52-week low is ₹42.00.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Nath Industries is ₹491 ( Cr.) .

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Nath Industries Ltd is a below average quality company.

The key valuation ratios of Nath Industries Ltd's currently when compared to its past seem to suggest it is in the Undervalued zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Nath Industries Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

About Nath Industries Ltd

Rama Pulp and Papers was incorporated in the year 1980. It has its registered office located at Aurangabad, Mumbai.

Rama Pulp and Papers is a certified ISO 9000-9001 company and is engaged in the manufacturing of various types of papers, mainly cultural and speciality grades. The company has positioned itself as the most prominent paper manufacturing group based in India.

Business areas of the company:-

The principal activity is to manufacture papers. It is also involved in the trade of chemical products. The company primarily serves writing and printing, wrapping and packing, carbonizing, dip dying, and laminating industries.

Products:-

  • Cream Wove Paper
  • Multi Layer Carbonizing Paper
  • MG Tissue Paper
  • MG Poster Paper
  • Maplitho Paper
  • Thermal Paper
  • Copier Paper
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