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Balkrishna Paper Mills Ltd (BALKRISHNA)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 539251 NSE: BALKRISHNA Paper & Paper Products | Small Cap | Balkrishna Paper Share Price

₹16.96 1.08 (6.80%)

As on 25-Sep'26 16:59

Balkrishna Paper Mills Ltd (BALKRISHNA)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 539251 NSE: BALKRISHNA Paper & Paper Products | Small Cap | Balkrishna Paper Share Price

₹16.96 1.08 (6.80%)

As on 25-Sep'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹51 Cr.
Current Price
₹17
52-Week Low / High
₹11 / 27
TTM EPS
₹-2.2
TTM Sales
₹5.4 Cr.
Book Value per Share
₹-54.9
P/E Ratio
0.00
Industry PE
17.1
Price to Book (P/B)
-0.29
Higher than its 5-year historical median
Price to Sales (P/S)
9.52
Higher than its 5-year historical median
EV/EBITDA
-277.65
Lower than its 5-year historical median
Dividend Yield
0%
Profitability Efficiency
Return on Equity (ROE)
0.00%
Underperforms industry median
Return on Capital Employed (ROCE)
0.00%
Underperforms industry median
Return on Assets (ROA)
-37.45%
Operating Profit Margin
-18.7%
Net Profit Margin
-145.51%
Gross Profit Margin
-145.2%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Improving versus 3-year growth rate
103.88%
Operating Profit Growth (1 Year)
-
-
Net Profit Growth (1 Year)
-
-
Asset Quality
Promoter Holding
59.95%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹-209 Cr.
Equity
₹32.2 Cr.
Face Value
₹10
All Time Low / High
₹6.77 / 85.42

Balkrishna Paper Mills stock performance

Key Ratios
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M-Cap below 100cr DeciZen not available

Q.1 Is Balkrishna Paper Mills Ltd a good quality company?
Balkrishna Paper Mills 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 Balkrishna Paper Mills Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Balkrishna Paper Mills Ltd vs industry peers?
Balkrishna Paper Mills Ltd revenue CAGR is -48.17%, compared to the industry median CAGR of 0%, indicating slower growth and losing its market share.
Q.1 Promoter shareholding and pledge status of Balkrishna Paper Mills Ltd?
Promoters hold 59.95% of the Balkrishna Paper Mills Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Balkrishna Paper Mills Ltd over the last decade?
Over the last 9 year(s), the stock has delivered a CAGR of -11.3% based on the current price.

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.
Balkrishna Paper Mills 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'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26TTM
ROCE % ⓘ-8.7%-20.4%-23.4%-17.9%-12.3%3.9%-45.9%-3%0%0%-
Value Creation
Index ⓘ
-1.6-2.5NANANANANANANANA-

Growth Parameters ⓘ

Sales ⓘ1792082141961262421093.42.34.75
Sales YoY Gr.-16%3%-8.5%-35.5%91.7%-54.9%-96.9%-32.4%103.9%-
Adj EPS ⓘ-17.3-26.7-26.7-21.9-17.8-10.1-33-7.6-2.1-2.1-2.2
YoY Gr.-NANANANANANANANANA-
BVPS (₹) ⓘ31.55.7-21.3-43.5-60.1-63.1-96.4-206.6-52.4-54.5-54.9
Adj Net
Profit ⓘ
-27.1-41.6-41.7-34.2-27.8-15.7-51.6-8.2-6.7-6.9-7
Cash Flow from Ops. ⓘ4-36.4-3.5-14.223.6-54.5-19.6-8.4-4.1-4.3-
Debt/CF from Ops. ⓘ20.4-3.5-41.7-12.58.2-3.8-11.4-25.6-38.7-38.7-

CAGR ⓘ

9 Years 5 Years 3 Years 1 Years
Sales ⓘ-33.2%-48.2%-64.9%103.9%
Adj EPS ⓘNANANANA
BVPSⓘ-206.3%NANANA
Share Price -10.7% 1% -5.8% -29.1%

Key Financial Parameters ⓘ

Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26TTM
Return on
Equity % ⓘ
-43.6-143.6342.267.534.416.341.44.43.443.9
Op. Profit
Mgn % ⓘ
-6.7-10.9-10.2-6.5-7.3-2.3-31.6-27.8-36-18.7-16.8
Net Profit
Mgn % ⓘ
-15.1-20-19.5-17.4-22-6.5-47.2-239.2-286.5-145.6-128.8
Debt to
Equity ⓘ
1.714.5-4.4-2.6-2.1-2.1-1.5-1-1-1-
Working Cap
Days ⓘ
75849296132761201,27789351137
Cash Conv.
Cycle ⓘ
-24-13-12-28-38-710-1502037-1,072

Valuation of Balkrishna Paper - 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!

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 (%)

Financials

PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Sales179.49208.11214.35196.11126.46242.38109.303.432.324.73
Operating Expenses ⓘ + 191.55230.90237.03209.44135.66247.97144.364.383.165.62
Manufacturing Costs49.9763.3660.3660.3431.9358.4835.860.0300
Material Costs116.26139.44140.72117.6379.60155.6574.913.392.174.40
Employee Cost 11.7012.1513.4912.259.3511.189.670.530.620.56
Other Costs ⓘ 13.6115.9622.4619.2214.7922.6623.930.430.380.66
Operating Profit ⓘ -12.05-22.80-22.69-13.33-9.20-5.60-35.06-0.95-0.84-0.89
Operating Profit Margin (%) -6.7%-11.0%-10.6%-6.8%-7.3%-2.3%-32.1%-27.8%-36.0%-18.7%
Other Income ⓘ + 5.402.390.110.222.792.210.150.020.090.11
Exceptional Items ⓘ 0000013.550000
Interest ⓘ 7.3310.6614.4512.9712.928.5010.997.215.886.09
Depreciation ⓘ 5.776.836.616.626.336.176.120.060.020.01
Profit Before Tax ⓘ -19.75-37.90-43.64-32.70-25.66-4.51-52.04-8.20-6.64-6.89
Tax ⓘ 3.712.29-1.401.860.190.18-0.16000
Profit After Tax -23.46-40.19-42.24-34.56-25.85-4.69-51.88-8.20-6.64-6.89
PAT Margin (%) -13.1%-19.3%-19.7%-17.6%-20.4%-1.9%-47.5%-239.0%-286.0%-145.0%
Adjusted EPS (₹)-15.0-25.7-27.1-22.1-16.6-3.0-33.2-7.6-2.1-2.1
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26

Equity and Liabilities

Shareholders Fund + 49.138.89-33.25-67.94-93.78-98.51-150.46-221.88-168.93-175.44
Share Capital ⓘ 10.7410.7410.7410.7410.7410.7410.7410.7432.2232.22
Reserves ⓘ 38.39-1.85-43.99-78.68-104.52-109.25-161.20-232.62-201.15-207.66
Debt +69.93121.81134.46161.93177.08191.45215.45215.15160166.05
Long Term Debt41.8087.2897.18144.54125.82162.53158.80134.05110142.50
Short Term Debt28.1334.5437.2817.4051.2628.9256.6481.105023.55
Minority Interest0000000000
Trade Payables50.1544.2163.4452.8748.5840.9616.127.450.070.50
Others Liabilities ⓘ 36.1535.0643.0349.1382.6553.1453.7044.6127.7726.74
Total Liabilities ⓘ 205.36209.97207.69195.99214.53187.04134.8045.3218.9217.85

Fixed Assets

Net Fixed Assets ⓘ +156.05155.16149.39145.66139.33127.73120.8826.810.420.40
Gross Block161.82167.73168.57171.39171.08164.98163.2239.331.071.07
Accumulated Depreciation5.7612.5819.1825.7331.7537.2542.3412.520.650.66
CWIP ⓘ 4.441.133.020.830.890.400000
Investments ⓘ 0000000001.34
Inventories16.2425.8228.1826.1522.6940.017.896.4100
Trade Receivables13.9116.3215.7411.3710.956.010.891.770.500.21
Cash Equivalents 0.110.200.220.2131.390.160.440.900.980.37
Others Assets ⓘ 14.6011.3411.1411.779.2812.724.709.4417.0215.53
Total Assets ⓘ 205.36209.97207.69195.99214.53187.04134.8045.3218.9217.85
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Cash Flow From Operating Activity ⓘ + 3.96-36.42-3.48-14.1723.56-54.54-19.56-8.40-4.14-4.29
PBT ⓘ -19.75-37.90-43.64-32.70-25.66-4.51-52.04-92.208.19-6.52
Adjustment ⓘ 10.3515.4122.6724.2217.920.9316.8685.55-10.864.22
Changes in Working Capital ⓘ 12.95-13.6517.54-6.431.42-50.7516.09-0.17-0.9-2.16
Tax Paid ⓘ 0.50-0.030.030.96-0.02-0.220.240.06-0.170.17
Cash Flow From Investing Activity ⓘ + 2.91-2.26-2.40-0.19-0.2118.532.1411.9123.892.78
Capex -9.45-2.62-2.49-0.40-0.2218.522.0312.3723.534.07
Net Investments 12.210.0900.01000-0.460.33-1.31
Others ⓘ 0.150.270.090.200.010.010.1100.030.02
Cash Flow From Financing Activity ⓘ + -10.3638.665.9114.347.834.7817.79-3.53-19.350.88
Net Proceeds from Shares ⓘ 0000000044.770
Net Proceeds from Borrowing ⓘ -12.2641.3213.6746.35-16.4537.092.17-15.12-2532.50
Interest Paid ⓘ -7.44-9.07-10.50-12.05-9.49-7.96-6.72-4.99-8-5.15
Dividend Paid ⓘ 0000000000
Others ⓘ 9.336.412.74-19.9633.77-24.3522.3516.59-31.11-26.46
Net Cash Flow ⓘ -3.48-0.020.03-0.0131.18-31.230.38-0.010.40-0.63
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Ratios
ROE (%)-37.76-138.54N/AN/AN/AN/AN/AN/AN/AN/A
ROCE (%)-8.65-20.35N/AN/AN/AN/AN/AN/AN/AN/A
Asset Turnover Ratio0.931.031.030.980.621.210.680.040.070.26
PAT to CFO Conversion(x)N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Working Capital Days
Receivable Days23.2025.9027.1025.103212.7011.50141.30177.7027.40
Inventory Days28.203645.6050.20704779.70761.2000
Payable Days124.10123.50139.60180.50232.60105139.101,267.90632.9023.70

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Balkrishna Paper Mills Ltd FAQs

The current trading price of Balkrishna Paper on 25-Sep-2026 16:59 is ₹16.96.

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 24-Sep-2026 the market cap of Balkrishna Paper stood at ₹51.16 Cr

The latest P/E ratio of Balkrishna Paper as of 24-Sep-2026 is 0.00.

The latest P/B ratio of Balkrishna Paper as of 24-Sep-2026 is -0.29.

The 52-week high of Balkrishna Paper is ₹27.00 and the 52-week low is ₹11.31.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Balkrishna Paper is ₹5.38 ( Cr.) .

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

The key valuation ratios of Balkrishna Paper Mills 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 Balkrishna Paper Mills Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

About Balkrishna Paper Mills Ltd

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