Is Andhra Paper Ltd (ANDHRAPAP) a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Andhra Paper Ltd is a good quality company .

Is Andhra Paper Ltd (ANDHRAPAP) undervalued or overvalued?

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

What is Andhra Paper Ltd (ANDHRAPAP) share price return in the past 10 years?

Andhra Paper Ltd share price has appreciated 1.8% annually (CAGR) over the past ten years.

Is Andhra Paper Ltd (ANDHRAPAP) a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Andhra Paper Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

What is the share price of Andhra Paper Ltd (ANDHRAPAP)?

Company share prices are keep on changing according to the market conditions. The current trading price of Andhra Paper Ltd (ANDHRAPAP) on 07-May-2026 15:08:00 at 15:08 is 69.98.

What is the P/E ratio of Andhra Paper?

The latest standalone P/E ratio of Andhra Paper as of 07-May-2026 is 71.63.

What is the P/B ratio of Andhra Paper Ltd (ANDHRAPAP)?

The latest standalone P/B ratio of Andhra Paper Ltd (ANDHRAPAP) as of 07-May-2026 is 0.69.

What is the 52-week high and low of Andhra Paper Ltd (ANDHRAPAP)?

The 52-week high of Andhra Paper Ltd (ANDHRAPAP) is Rs. 98.00 and the 52-week low is Rs. 57.03.

Andhra Paper Ltd (ANDHRAPAP) Share Analysis – Quality, Valuation Zone & Price Trend & DeciZen Rating

Name: Andhra Paper Ltd (ANDHRAPAP)
Brand: Andhra Paper

Andhra Paper Ltd (ANDHRAPAP) Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating

Andhra Paper Ltd (ANDHRAPAP)

BSE: 502330 NSE: ANDHRAPAP

Key Metrics

Market Cap

₹1,343 Cr.

P/E Ratio

71.63

Price to Book (P/B)

0.69

Price to Sales (P/S)

0.85

EV/EBITDA

10.84

Return on Capital Employed (ROCE)

6.40%

Current Price

₹70

Return on Equity (ROE)

4.64%

Return on Assets (ROA)

2.95%

Operating Profit Margin

9.1%

Net Profit Margin

5.77%

Gross Profit Margin

13.3%

Book Value per Share

₹97.4

Sales Growth (YoY)

-14.4%

Sales Growth (3 Years)

3.75%

Operating Profit Growth (1 Year)

-68.78%

Operating Profit Growth (3 Years)

-15.23%

Net Profit Growth (1 Year)

-73.83%

52-Week Low / High

₹57 / 98

Net Profit Growth (3 Years)

-13.99%

Dividend Yield

1.45%

Promoter Holding

72.45%

Pledged shares (%)
of Promoter's holding (%)

0.00%

Check Before You Invest

Q.1 Stock return of Andhra Paper Ltd over the last decade?

Over the last 9 year(s), the stock has delivered a CAGR of 1.4% based on the current price.

Q.1 Revenue growth of Andhra Paper Ltd?

Andhra Paper Ltd revenue growth is -14.4% for FY-2025, which is below its 5-year CAGR of 3.95%, indicating slower growth.

Q.1 Which industry/sub-sector does Andhra Paper Ltd belong to?

Andhra Paper Ltd belongs to the Paper & Stationary sector, operating specifically within the Paper & Paper Products segment.

Q.1 Promoter shareholding and pledge status of Andhra Paper Ltd?

Promoters hold 72.45% of the Andhra Paper Ltd, with 0.00% of their stake pledged, indicating no pledge risk.

Q.1 Revenue growth of Andhra Paper Ltd vs industry peers?

Andhra Paper Ltd revenue CAGR is 3.95%, compared to the industry median CAGR of 6.51%, indicating slower growth and losing its market share.

DeciZen - make an informed investing decision on Andhra Paper

Based on:

Data

Overall Rating ⓘ
Login to view analysis.

1. Quality

2. Valuation

3. Price Trend

Andhra Paper stock performance

Key Ratios

Is Andhra Paper Ltd an attractive stock to invest in?

10 Year X-Ray : Login to view analysis.

Analysis of Financial Track Record

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

Value Creation ⓘ

Value Creation Index Colour Code Guide ⓘ

	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	TTM
ROCE % ⓘ	10.5%	8.8%	18.9%	41.2%	27.3%	-0.2%	18%	51.1%	25.3%	6.4%	-
Value Creation Index ⓘ	-0.3	-0.4	0.4	1.9	1.0	-1.0	0.3	2.7	0.8	-0.5	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	1,160	1,172	1,264	1,427	1,270	887	1,380	2,098	1,801	1,541	1,582
Sales YoY Gr.	-	1.1%	7.8%	12.9%	-11%	-30.2%	55.7%	52%	-14.2%	-14.4%	-
Adj EPS ⓘ	0.7	2.6	4.6	10.3	10.7	-0.1	7	26.8	16.7	3.1	0.9
YoY Gr.	-	279.4%	78.7%	122.8%	4.1%	-100.9%	NA	282.9%	-37.8%	-81.6%	-
BVPS (₹) ⓘ	22.7	24	28.4	38.4	49.1	49	55	79.6	95.2	97.6	97.4
Adj Net Profit ⓘ	13.6	51.2	91.8	204	213	-1.9	139	534	332	61	19
Cash Flow from Ops. ⓘ	111	172	215	310	177	104	202	536	319	-55.4	-
Debt/CF from Ops. ⓘ	4.3	2.1	1	0.1	0.1	0.3	0.3	0.1	0.3	-5	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	3.2%	4%	3.8%	-14.4%
Adj EPS ⓘ	18.2%	-22.1%	-24.1%	-81.6%
BVPSⓘ	17.6%	14.7%	21.1%	2.5%
Share Price	1.8%	9%	-8.7%	-6.7%

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	TTM
Return on Equity % ⓘ	3.1	11	17.6	30.8	24.5	-0.2	13.5	39.9	19.1	3.2	1
Op. Profit Mgn % ⓘ	11.3	14.5	17.9	26.7	24	6.9	16.2	35.2	24	9.1	4
Net Profit Mgn % ⓘ	1.2	4.4	7.3	14.3	16.8	-0.2	10.1	25.4	18.4	4	1.2
Debt to Equity ⓘ	1.1	0.8	0.4	0	0	0	0.1	0	0.1	0.1	-
Working Cap Days ⓘ	124	119	108	114	161	244	168	137	192	249	145
Cash Conv. Cycle ⓘ	48	37	21	7	19	47	19	2	8	35	94

Recent Performance Summary

Latest Financials

	Standalone	Consolidated
TTM EPS (₹)	0.9	-
TTM Sales (₹ Cr.)	1,582	-
BVPS (₹) ⓘ	97.4	-
Reserves (₹ Cr.) ⓘ	1,896	-
P/BV ⓘ	0.69	-
PE ⓘ	71.63	-

From the Market
52 Week Low / High (₹)	57.03 / 98.00
All Time Low / High (₹)	4.29 / 135.00
Market Cap (₹ Cr.)	1,343
Equity (₹ Cr.)	39.8
Face Value (₹)	2
Industry PE ⓘ	17.9

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

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

Valuation of Andhra Paper - Standalone Basis

YTD 1Y 3Y 5Y 10Y Max

Analyst's Notes

No data found!

Key Ratios

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Sales	1,160	1,172	1,264	1,427	1,270	887	1,380	2,098	1,801	1,541
Operating Expenses ⓘ +	1,030	1,002	1,043	1,049	967	826	1,159	1,363	1,370	1,407
Manufacturing Costs	276	286	323	358	374	283	270	321	299	256
Material Costs	517	511	499	479	378	356	664	823	851	927
Employee Cost	129	139	152	153	157	143	157	165	169	169
Other Costs ⓘ	108	66	68	59	58	44	68	54	50	54
Operating Profit ⓘ	130	170	221	379	302	61	221	735	431	135
Operating Profit Margin (%)	11.2%	14.5%	17.5%	26.5%	23.8%	6.9%	16.0%	35.0%	23.9%	8.7%
Other Income ⓘ +	7	6	5	15	15	15	45	52	95	89
Exceptional Items ⓘ	33	-28	-8	-5	0	-4	0	-15	0	0
Interest ⓘ	40	34	26	9	5	5	5	7	4	18
Depreciation ⓘ	73	70	66	68	76	73	72	63	66	88
Profit Before Tax ⓘ	56	44	126	311	236	-6	188	701	456	117
Tax ⓘ	19	12	43	111	23	-2	49	179	116	28
Profit After Tax	37	32	83	200	213	-5	140	522	340	89
PAT Margin (%)	3.2%	2.8%	6.6%	14.0%	16.8%	-0.5%	10.1%	24.9%	18.9%	5.8%
Adjusted EPS (₹)	1.9	1.6	4.2	10.1	10.7	-0.2	7.0	26.3	17.1	4.5
Dividend Payout Ratio (%)	0%	0%	0%	0%	0%	-432.40%	21.40%	9.50%	11.70%	22.40%

Balance Sheet

(All Figures are in Crores.)

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Equity and Liabilities
Shareholders Fund +	451	478	564	764	976	975	1,094	1,582	1,893	1,941
Share Capital ⓘ	40	40	40	40	40	40	40	40	40	40
Reserves ⓘ	411	438	524	724	936	935	1,054	1,542	1,853	1,901
Debt +	447	234	181	13	8	29	48	45	97	215
Long Term Debt	304	144	65	13	8	7	8	5	47	135
Short Term Debt	143	90	116	0	0	22	40	40	50	80
Minority Interest	0	0	0	0	0	0	0	0	0	0
Trade Payables	155	138	132	171	129	130	163	196	228	189
Others Liabilities ⓘ	242	341	284	359	395	369	421	594	761	710
Total Liabilities ⓘ	1,295	1,191	1,161	1,306	1,508	1,504	1,726	2,417	2,979	3,055
Fixed Assets
Net Fixed Assets ⓘ +	820	798	742	707	680	619	585	577	795	1,024
Gross Block	1,536	868	873	906	951	961	978	1,028	1,309	1,617
Accumulated Depreciation	715	70	131	198	271	342	393	451	513	594
CWIP ⓘ	17	3	4	8	2	9	8	29	114	30
Investments ⓘ	15	10	15	16	44	219	383	887	1,029	909
Inventories	214	184	155	157	223	164	145	174	237	322
Trade Receivables	71	68	70	74	41	76	103	148	61	109
Cash Equivalents	10	7	17	67	171	82	55	47	26	8
Others Assets ⓘ	148	122	159	277	347	335	448	556	717	654
Total Assets ⓘ	1,295	1,191	1,161	1,306	1,508	1,504	1,726	2,417	2,979	3,055

Cash Flow

(All Figures are in Crores.)

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Cash Flow From Operating Activity ⓘ +	111	172	215	310	177	104	202	536	319	-55
PBT ⓘ	56	44	126	311	236	-6	188	701	456	117
Adjustment ⓘ	77	125	99	72	70	68	39	41	-22	25
Changes in Working Capital ⓘ	-13	13	13	-6	-64	42	30	-23	19	-192
Tax Paid ⓘ	-9	-11	-23	-67	-65	0	-55	-183	-134	-5
Cash Flow From Investing Activity ⓘ +	-38	-29	-31	-110	-167	-113	-181	-499	-334	-61
Capex	-39	-30	-33	-41	-24	-21	-39	-113	-331	-265
Net Investments	0	0	0	-52	-130	-81	-124	-511	-58	169
Others ⓘ	1	1	2	-17	-14	-12	-18	126	55	35
Cash Flow From Financing Activity ⓘ +	-67	-145	-175	-201	-11	11	-12	-41	5	109
Net Proceeds from Shares ⓘ	0	0	0	0	0	0	0	0	0	0
Net Proceeds from Borrowing ⓘ	-78	-59	-174	-77	-2	-1	0	-3	50	142
Interest Paid ⓘ	-41	-33	-26	-9	-4	-4	-4	-6	-4	-17
Dividend Paid ⓘ	0	0	0	0	0	0	-20	-30	-50	-40
Others ⓘ	52	-53	26	-116	-4	16	12	-2	8	24
Net Cash Flow ⓘ	6	-3	9	-1	-1	1	9	-4	-10	-7

Finance Ratio

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Ratios
ROE (%)	8.53	6.98	15.94	30.14	24.48	-0.47	13.51	39.04	19.55	4.64
ROCE (%)	10.48	8.81	18.92	41.22	27.33	-0.17	18.03	51.07	25.34	6.4
Asset Turnover Ratio	0.95	0.99	1.09	1.16	0.9	0.59	0.85	1.01	0.67	0.51
PAT to CFO Conversion(x)	3	5.38	2.59	1.55	0.83	N/A	1.44	1.03	0.94	-0.62
Working Capital Days
Receivable Days	20.20	20.50	19.60	18.30	16.40	24	23.60	21.80	21.10	20.10
Inventory Days	62.30	58.90	48.30	39.90	54.70	79.80	40.90	27.70	41.60	66.20
Payable Days	70.10	83.50	98.90	115.60	144.80	133.20	80.50	79.60	91	82.10

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Andhra Paper Ltd FAQs

The current trading price of Andhra Paper on 07-May-2026 15:08 is ₹69.98.

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 06-May-2026 the market cap of Andhra Paper stood at ₹1,342.6 Cr

The latest P/E ratio of Andhra Paper as of 06-May-2026 is 71.63.

The latest P/B ratio of Andhra Paper as of 06-May-2026 is 0.69.

The 52-week high of Andhra Paper is ₹98.00 and the 52-week low is ₹57.03.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Andhra Paper is ₹1,582 ( Cr.) .

About Andhra Paper Ltd

International Paper APPM Limited previously known as Andhra Pradesh Paper Mills (APPM) was incorporated in 1964 to manufacture paper. The company is part of L N Bangur group which have business interest in area of textile manufacturing, tea plantation, wind energy generation and trading and investment business. In 2001, Andhra Pradesh Paper Mills acquired Coastal Papers.

Company owns two manufacturing facilities having a cumulative production capacity of 1,74,500 TPA. Company owns eight paper machines. It manufactures paper of M.F and M.G quality in the range of 21 to 250 GSM. Company uses raw materials such as Casuarina, Subabul, Eucalyptus, Mixed Hard Woods and Bamboo.

The company manufactures paper of various grades such as writing, printing, industrial, newsprint and copier. APPM has also set up a 34 MW Double Extraction Condensing type turbine to meet its power requirements.

In 2011, The Andhra Pradesh Paper Mills Ltd. was acquired by International Paper (IP), a $30 billion American pulp and paper company founded in 1898. In the first significant domestic acquisition by a foreign paper company, IP bought 75% stake in the company. IP is the largest pulp and paper company in the world, with approximately 61,500 employees across 24 countries. It is headquartered in Memphis, Tennessee, USA.

In December, 2013, the company was renamed to â€œInternational Paper APPM Limitedâ€. The name change intended to recognize the parentage of International Paper, while maintaining the link to the history and positioning of the Andhra Paper Mills brand. This is also to ensure that we direct future investments in brand-building around the IP brand leveraging our global presence and technology.

Company has clientele namely MODI XEROX, INDO NATIONAL, MacMillan, Navaneet Publications and many more.

Company exports to countries that include were Angola, Bangladesh, Egypt, Nigeria, Sri Lanka, United Arab Emirates and Yemen.

Awards

APPM received Best Management Award - 2005 for the outstanding contribution in the maintenance of industrial relations, labour welfare and productivity from the Government of Andhra Pradesh.

Company received Gold Award in the paper sector as recognition of its outstanding achievement in safety management awarded by the Greentech Foundation.

Company received ISO 9001:2000 certification for its quality management

Milestones
2000
Acquired Coastal Paper
2010
Started PM6 Paper Machine.
Andhra Pradesh Paper Mills Ltd awarded 'FSC Certification' for promoting responsible raw material management.
2011
The Andhra Pradesh Paper Mills Ltd. was acquired by International Paper (IP)
2013
The company was renamed to â€œInternational Paper APPM Limitedâ€.

To get DeciZen Rating of 3,500+ Stocks based on their Quality, Valuation and Price Trend Login Now

Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
Logo:
Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
Brand Logo:
SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045
Compliance officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com Telephone: +91 98609 19463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com Telephone: +91 91758 99463 Address: Same as IA
Standard Warning:	Investment in securities market are subject to market risks. Read all the related documents carefully before investing.
Disclaimer:	Registration granted by SEBI, enlistment with exchange and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.

Andhra Paper Ltd (ANDHRAPAP) Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating

Andhra Paper Share Price