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Aten Papers & Foam Ltd (544417)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 544417 NSE: Paper & Paper Products | Small Cap | Aten Papers & Foam Share Price

₹24.80 0.35 (1.43%)

As on 04-Jun'26 16:59

Aten Papers & Foam Ltd (544417)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 544417 NSE: Paper & Paper Products | Small Cap | Aten Papers & Foam Share Price

₹24.80 0.35 (1.43%)

As on 04-Jun'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹26 Cr.
Current Price
₹24.8
52-Week Low / High
₹14 / 90
TTM EPS
₹7.2
TTM Sales
₹187 Cr.
Book Value per Share
₹44.4
P/E Ratio
3.46
Lower than its 5-year historical median
Industry PE
16.9
Price to Book (P/B)
0.56
Higher than its 5-year historical median
Price to Sales (P/S)
0.14
Lower than its 5-year historical median
EV/EBITDA
3.47
In line with its 5-year historical median
Dividend Yield
0.00%
Profitability Efficiency
Return on Equity (ROE)
66.53%
Outperforms industry median
Return on Capital Employed (ROCE)
43.89%
Outperforms industry median
Return on Assets (ROA)
20.69%
Operating Profit Margin
7.7%
Net Profit Margin
5.06%
Gross Profit Margin
6.9%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Improving versus 3-year growth rate
43.27%
Operating Profit Growth (1 Year)
Improving versus 3-year growth rate
106.8%
Net Profit Growth (1 Year)
Improving versus 3-year growth rate
152.16%
Asset Quality
Promoter Holding
67.96%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹35 Cr.
Equity
₹10.3 Cr.
Face Value
₹10
All Time Low / High
₹14.01 / 90.00

Aten Papers & Foam stock performance

Key Ratios
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Check Before You Invest

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M-Cap below 100cr DeciZen not available

Q.1 Is Aten Papers & Foam Ltd a good quality company?
Aten Papers & Foam 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.

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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.

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How does Aten Papers & Foam Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Aten Papers & Foam Ltd vs industry peers?
Aten Papers & Foam Ltd revenue CAGR is 15.58%, compared to the industry median CAGR of 6.43%, indicating faster growth and gaining its market share.
Q.1 Promoter shareholding and pledge status of Aten Papers & Foam Ltd?
Promoters hold 67.96% of the Aten Papers & Foam Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Aten Papers & Foam Ltd over the last decade?
Over the last - year(s), the stock has delivered a CAGR of N/A% based on the current price.
View More

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.
Aten Papers & Foam Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation ⓘ

Mar'22Mar'23Mar'24Mar'25TTM
ROCE % ⓘ9.2%8.7%23.2%43.9%-
Value Creation
Index ⓘ		-0.3-0.40.72.1-

Growth Parameters ⓘ
Sales ⓘ89.89196.8139187
Sales YoY Gr.-1.3%6.4%43.3%-
Adj EPS ⓘ1.10.74107.2
YoY Gr.--33.9%451.4%152.1%-
BVPS (₹) ⓘ5.46.110.120.144.4
Adj Net
Profit ⓘ		0.80.52.877
Cash Flow from Ops. ⓘ3.70.51.95.3-
Debt/CF from Ops. ⓘ4.234.98.32.1-

CAGR ⓘ

9 Years 5 Years 3 Years 1 Years
Sales ⓘNANA15.6%43.3%
Adj EPS ⓘNANA109.4%152.1%
BVPSⓘNANA55.3%99.6%
Share Price - - - -

Key Financial Parameters ⓘ

Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity % ⓘ		20.412.649.366.522.3
Op. Profit
Mgn % ⓘ		2.12.15.37.7NAN
Net Profit
Mgn % ⓘ		0.90.62.95.14
Debt to
Equity ⓘ		4.13.82.20.8-
Working Cap
Days ⓘ		0111114870
Cash Conv.
Cycle ⓘ		07174630

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'22Mar'23Mar'24Mar'25
Sales89.829196.80138.69
Operating Expenses ⓘ + 87.9189.1291.65128.04
Manufacturing Costs0000
Material Costs86.4587.7890.72126.60
Employee Cost 0.770.690.510.47
Other Costs ⓘ 0.690.660.420.97
Operating Profit ⓘ 1.901.885.1510.65
Operating Profit Margin (%) 2.1%2.1%5.3%7.7%
Other Income ⓘ + 0.01000.01
Exceptional Items ⓘ 0000
Interest ⓘ 0.711.041.281.10
Depreciation ⓘ 0.140.160.160.16
Profit Before Tax ⓘ 1.050.683.729.41
Tax ⓘ 0.290.180.942.40
Profit After Tax 0.760.502.787.01
PAT Margin (%) 0.9%0.6%2.9%5.1%
Adjusted EPS (₹)1.10.74.010.0
Dividend Payout Ratio (%)0%0%0%0%

Valuation of Aten Papers & Foam - 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'22Mar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund + 3.754.257.0314.04
Share Capital ⓘ 1117
Reserves ⓘ 2.753.256.037.04
Debt +15.2615.8314.6710.04
Long Term Debt3.413.172.141.05
Short Term Debt11.8512.6612.528.99
Minority Interest0000
Trade Payables7.929.069.076.96
Others Liabilities ⓘ 0.930.482.113.85
Total Liabilities ⓘ 27.8529.6232.8834.90

Fixed Assets

Net Fixed Assets ⓘ +1.080.950.790.64
Gross Block1.311.331.331.33
Accumulated Depreciation0.230.380.540.70
CWIP ⓘ 0000
Investments ⓘ 0000
Inventories0.220.150.401.23
Trade Receivables26.3226.3131.3132.43
Cash Equivalents 0.130.120.370.02
Others Assets ⓘ 0.102.100.010.58
Total Assets ⓘ 27.8529.6232.8834.90

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity ⓘ + 3.670.461.895.29
PBT ⓘ 1.050.683.729.41
Adjustment ⓘ 0.851.191.441.25
Changes in Working Capital ⓘ 1.98-1.14-3.08-4.42
Tax Paid ⓘ -0.22-0.28-0.18-0.94
Cash Flow From Investing Activity ⓘ + -0.63-0.020-0
Capex -0.64-0.020-0
Net Investments 0000
Others ⓘ 0.01000
Cash Flow From Financing Activity ⓘ + -3.15-0.45-1.64-5.64
Net Proceeds from Shares ⓘ 0000
Net Proceeds from Borrowing ⓘ 3.10-0.24-1.03-1.09
Interest Paid ⓘ -0.71-1.04-1.28-1.10
Dividend Paid ⓘ 0000
Others ⓘ -5.540.830.66-3.45
Net Cash Flow ⓘ -0.11-0.010.25-0.35

Financial Ratio

PARTICULARSMar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)20.3512.5749.366.53
ROCE (%)9.198.7123.2443.89
Asset Turnover Ratio3.233.173.14.09
PAT to CFO Conversion(x)4.830.920.680.75
Working Capital Days
Receivable Days107105.60108.6083.90
Inventory Days0.900.7012.20
Payable Days33.4035.3036.5023.10

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.00
* Pledged shares as % of Promoter's holding (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Aten Papers & Foam Ltd FAQs

The current trading price of Aten Papers & Foam on 04-Jun-2026 16:59 is ₹24.80.

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 Aten Papers & Foam stood at ₹25.54 Cr

The latest P/E ratio of Aten Papers & Foam as of 03-Jun-2026 is 3.46.

The latest P/B ratio of Aten Papers & Foam as of 03-Jun-2026 is 0.56.

The 52-week high of Aten Papers & Foam is ₹90.00 and the 52-week low is ₹14.01.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Aten Papers & Foam is ₹187 ( Cr.) .

Past 10 year's financial track record analysis by Moneyworks4me indicates that Aten Papers & Foam Ltd is a average quality company.

The key valuation ratios of Aten Papers & Foam Ltd's currently when compared to its past seem to suggest it is in the Fair zone.

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

About Aten Papers & Foam Ltd

Aten Papers & Foam Limited was originally incorporated on January 07, 2019, as ‘Aten Papers & Foam Private Limited’ under the provisions of the Companies Act, 2013 with the Registrar of Companies, Ahmedabad, Gujarat. Subsequently, the company was converted into a Public Limited Company pursuant to members resolution passed at Extra-ordinary General Meeting of the company held on May 16, 2024 and the name of the company was changed to ‘Aten Papers & Foam Limited’. A fresh Certificate of Incorporation consequent upon Conversion from Private Limited Company to Public Limited Company dated July 18, 2024 was issued by the Central Processing Centre, Manesar.

The company operates as an important intermediary in the Paper Product Supply Chain. As a crucial middleman in the paper product supply chain, it procures paper from different paper mills and resell them to clients in the packaging products industry. Examples of these products include Kraft Paper and Duplex Board. It also purchases Wastepaper from stockiest and sell them to Paper mills which is crucial raw material for such mills. A wide range of grades, thicknesses, widths, and standards are available in its product portfolio for Kraft papers and Duplex boards and other according to customer specifications. 

The paper products manufactured by its customers have a variety of end use applications and are used mainly in the packaging industry. It sells papers in the domestic markets specially in the state of Gujarat. It attributes its growth to the expertise and dedication of its management team. Their decades of extensive experience, they play a pivotal role in guiding its strategic decisions and daily operations. its Promoters, Mohamedarif Mohamedibrahim Lakhani and Amrin Lakhani, with their deep knowledge, vision, and industry insight, have been instrumental in shaping and executing its growth strategies. Their leadership has allowed it to adapt to evolving market demands and successfully expand its business.

Business area of the company

The company is involved in the business of trading of various types of papers.

Products of the company

  • Kraft paper
  • Absorbent kraft paper
  • Tube kraft paper
  • Paper bag kraft paper
  • Wastepaper
  • Duplex paper

History and milestones

  • 2019: Incorporation of the Company
  • 2020: Achieved turnover of Rs 50 crore.
  • 2024: Converted to Public Limited from Private Limited
  • 2025: Achieved turnover of Rs 100 crore.

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