Astron Paper & Board Mill Ltd.
•₹ 3.151.61%
2026-08-21
PROS
- Working capital cycle has improved - days down from -4 to -147
- Company generates healthy free cash flow
CONS
- Company is loss-making at the operating / net level
- Company has a low return on equity of -19.7% over last 3 years
- Company has a low return on capital employed of -9.3%
- Interest coverage is weak at -3.3x - earnings barely cover interest
- Poor cash conversion - profits are not backed by operating cash flow (CFO/PAT -0.18x)
- Company's sales have been declining over the last five years
* The pros and cons are machine generated based on quantitative rules.
Peer comparison
EDIT COLUMNS| S.No. | Name | CMP Rs. | P/E | Mar Cap Rs.Cr. | Div Yld % | NP Qtr Rs.Cr. | Qtr Profit Var % | Sales Qtr Rs.Cr. | Qtr Sales Var % | ROCE % | OPM % |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | JKPAPER | 378.80 | 21.18 | 6868.36 | 1.06 | 136.27 | 59.49 | 1887.17 | 12.72 | 7.80 | 15.39 |
| 2. | WSTCSTPAPR | 614.95 | 17.68 | 4061.68 | 0.49 | 141.84 | 135.37 | 1051.26 | 10.12 | 7.11 | 19.34 |
| 3. | SESHAPAPER | 226.55 | 14.43 | 1428.81 | 0.88 | 31.91 | 106.80 | 492.08 | 27.68 | 5.60 | 8.85 |
| 4. | ANDHRAPAP | 60.98 | 0.00 | 1212.59 | 0.82 | 303.16 | 1322.95 | 3937.71 | 900.89 | 1.99 | 12.39 |
| 5. | TNPL | 138.45 | 0.00 | 958.22 | 2.89 | 57.40 | 874.63 | 11466.40 | 903.98 | 5.85 | 10.02 |
| 6. | NRAIL | 501.20 | 0.00 | 853.00 | 0.40 | 34.98 | 111.33 | 646.96 | 43.09 | 8.25 | 11.48 |
| 7. | PDMJEPAPER | 87.44 | 0.00 | 830.24 | 0.69 | 33.72 | -6.95 | 202.92 | 3.29 | 20.10 | 17.53 |
| 8. | KUANTUM | 78.92 | 0.00 | 688.68 | 3.17 | 6.23 | -48.34 | 303.75 | 36.87 | 5.24 | 13.20 |
| 9. | SATIA | 58.03 | 0.00 | 580.30 | 0.69 | -171.20 | -641.72 | 3618.15 | 875.45 | 10.53 | 14.04 |
| 10. | BBTCL | 245.95 | 15.16 | 504.47 | 0.00 | 14.39 | 727.77 | 180.47 | 18.53 | 3.03 | 18.69 |
| 11. | RAMANEWS | 32.50 | 0.00 | 479.45 | 0.00 | -10.50 | -29.46 | 9.72 | 6.02 | 1.87 | -7.68 |
| 12. | ASTRON | 3.22 | 0.00 | 14.97 | 0.00 | -6.11 | 46.06 | 0.07 | -92.05 | -20.23 | -3185.71 |
Detailed Comparison with:
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 92 | 78 | 81 | 73 | 78 | 58 | 36 | 1 | 1 | 1 | 0 | 1 | 0 | |
| 90 | 76 | 78 | 71 | 83 | 67 | 43 | 16 | 3 | 1 | 1 | 0 | 2 | |
| Operating Profit | — | — | — | — | — | — | — | — | — | — | — | — | — |
| OPM % | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Income | 0 | 0 | 0 | 0 | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest | 3 | 2 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 2 | 4 | 2 |
| Depreciation | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 |
| -2 | -2 | -1 | -1 | -8 | -13 | -12 | -20 | -7 | -5 | -4 | -4 | -6 | |
| Tax % | 25.49% | 23.53% | 31.91% | 28.47% | 37.25% | 29.28% | 23.97% | -33.64% | -15.36% | -0.00% | -0.00% | -0.00% | -0.00% |
| Net Profit | -2 | -1 | -1 | -1 | -5 | -9 | -9 | -26 | -8 | -5 | -4 | -4 | -6 |
| -0 | -0 | -0 | -0 | -1 | -2 | -2 | -6 | -2 | -1 | -1 | -1 | -1 | |
| Equity Capital | 46 | 46 | 46 | 46 | 46 | 46 | 46 | 46 | 46 | 46 | 46 | 46 | 46 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Equity Capital | 46 | 46 | 46 | 46 | 46 | 46 | 46 | 46 | 46 | 46 | 46 | 46 | 46 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Mar 2023
- 92
- 90
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 3
- Depreciation
- 2
- -2
- Tax %
- 25.49%
- Net Profit
- -2
- -0
- Equity Capital
- 46
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 46
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2023
- 78
- 76
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 2
- Depreciation
- 2
- -2
- Tax %
- 23.53%
- Net Profit
- -1
- -0
- Equity Capital
- 46
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 46
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2023
- 81
- 78
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 3
- Depreciation
- 2
- -1
- Tax %
- 31.91%
- Net Profit
- -1
- -0
- Equity Capital
- 46
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 46
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2023
- 73
- 71
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 3
- Depreciation
- 2
- -1
- Tax %
- 28.47%
- Net Profit
- -1
- -0
- Equity Capital
- 46
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 46
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2024
- 78
- 83
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 3
- Depreciation
- 2
- -8
- Tax %
- 37.25%
- Net Profit
- -5
- -1
- Equity Capital
- 46
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 46
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2024
- 58
- 67
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 3
- Depreciation
- 2
- -13
- Tax %
- 29.28%
- Net Profit
- -9
- -2
- Equity Capital
- 46
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 46
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2024
- 36
- 43
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 3
- Depreciation
- 2
- -12
- Tax %
- 23.97%
- Net Profit
- -9
- -2
- Equity Capital
- 46
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 46
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2024
- 1
- 16
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 3
- Depreciation
- 2
- -20
- Tax %
- -33.64%
- Net Profit
- -26
- -6
- Equity Capital
- 46
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 46
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2025
- 1
- 3
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 3
- Depreciation
- 2
- -7
- Tax %
- -15.36%
- Net Profit
- -8
- -2
- Equity Capital
- 46
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 46
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2025
- 1
- 1
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 3
- Depreciation
- 2
- -5
- Tax %
- -0.00%
- Net Profit
- -5
- -1
- Equity Capital
- 46
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 46
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2025
- 0
- 1
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 2
- Depreciation
- 2
- -4
- Tax %
- -0.00%
- Net Profit
- -4
- -1
- Equity Capital
- 46
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 46
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2025
- 1
- 0
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 4
- Depreciation
- 2
- -4
- Tax %
- -0.00%
- Net Profit
- -4
- -1
- Equity Capital
- 46
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 46
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2026
- 0
- 2
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 2
- Depreciation
- 2
- -6
- Tax %
- -0.00%
- Net Profit
- -6
- -1
- Equity Capital
- 46
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 46
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 157 | 183 | 253 | 374 | 359 | 435 | 513 | 395 | 311 | 96 | 3 | |
| 138 | 166 | 221 | 324 | 325 | 408 | 486 | 410 | 308 | 129 | 5 | |
| Operating Profit | 20 | 23 | 32 | 51 | 36 | 31 | 28 | -13 | 5 | -33 | — |
| OPM % | 13 | 13 | 13 | 14 | 10 | 7 | 6 | -3 | 2 | -34 | — |
| Other Income | 0 | 5 | 1 | 1 | 2 | 3 | 2 | 2 | 2 | 0 | 0 |
| Interest | 11 | 11 | 10 | 10 | 10 | 10 | 8 | 10 | 11 | 12 | 11 |
| Depreciation | 3 | 3 | 4 | 5 | 5 | 6 | 6 | 6 | 6 | 6 | 6 |
| 6 | 8 | 19 | 36 | 20 | 15 | 14 | -29 | -12 | -51 | -19 | |
| Tax % | 4 | -20 | -10 | 33 | 34 | 34 | 37 | 29 | 28 | -2 | 0 |
| Net Profit | 6 | 10 | 21 | 24 | 13 | 10 | 9 | -21 | -9 | -52 | -19 |
| EPS | 0 | 0 | 0 | 0 | 0 | 2 | 2 | -4 | -2 | -11 | — |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 2 | 3 | 4 | 5 | 3 | 2 | 2 | -4 | -2 | -11 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 2 | 3 | 4 | 5 | 3 | 2 | 2 | -4 | -2 | -11 | — |
Mar 2016
- 157
- 138
- Operating Profit
- 20
- OPM %
- 13
- Other Income
- 0
- Interest
- 11
- Depreciation
- 3
- 6
- Tax %
- 4
- Net Profit
- 6
- EPS
- 0
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 2
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 2
Mar 2017
- 183
- 166
- Operating Profit
- 23
- OPM %
- 13
- Other Income
- 5
- Interest
- 11
- Depreciation
- 3
- 8
- Tax %
- -20
- Net Profit
- 10
- EPS
- 0
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 3
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 3
Mar 2018
- 253
- 221
- Operating Profit
- 32
- OPM %
- 13
- Other Income
- 1
- Interest
- 10
- Depreciation
- 4
- 19
- Tax %
- -10
- Net Profit
- 21
- EPS
- 0
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 4
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 4
Mar 2019
- 374
- 324
- Operating Profit
- 51
- OPM %
- 14
- Other Income
- 1
- Interest
- 10
- Depreciation
- 5
- 36
- Tax %
- 33
- Net Profit
- 24
- EPS
- 0
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 5
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 5
Mar 2020
- 359
- 325
- Operating Profit
- 36
- OPM %
- 10
- Other Income
- 2
- Interest
- 10
- Depreciation
- 5
- 20
- Tax %
- 34
- Net Profit
- 13
- EPS
- 0
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 3
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 3
Mar 2021
- 435
- 408
- Operating Profit
- 31
- OPM %
- 7
- Other Income
- 3
- Interest
- 10
- Depreciation
- 6
- 15
- Tax %
- 34
- Net Profit
- 10
- EPS
- 2
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 2
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 2
Mar 2022
- 513
- 486
- Operating Profit
- 28
- OPM %
- 6
- Other Income
- 2
- Interest
- 8
- Depreciation
- 6
- 14
- Tax %
- 37
- Net Profit
- 9
- EPS
- 2
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 2
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 2
Mar 2023
- 395
- 410
- Operating Profit
- -13
- OPM %
- -3
- Other Income
- 2
- Interest
- 10
- Depreciation
- 6
- -29
- Tax %
- 29
- Net Profit
- -21
- EPS
- -4
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -4
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -4
Mar 2024
- 311
- 308
- Operating Profit
- 5
- OPM %
- 2
- Other Income
- 2
- Interest
- 11
- Depreciation
- 6
- -12
- Tax %
- 28
- Net Profit
- -9
- EPS
- -2
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -2
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -2
Mar 2025
- 96
- 129
- Operating Profit
- -33
- OPM %
- -34
- Other Income
- 0
- Interest
- 12
- Depreciation
- 6
- -51
- Tax %
- -2
- Net Profit
- -52
- EPS
- -11
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -11
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -11
TTM
- 3
- 5
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 11
- Depreciation
- 6
- -19
- Tax %
- 0
- Net Profit
- -19
- EPS
- —
- Dividend Payout %
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
COMPOUNDED SALES GROWTH
- 10 Years:
- -4%
- 5 Years:
- -23%
- 3 Years:
- -43%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- —
STOCK PRICE CAGR
- 10 Years:
- —
- 5 Years:
- -45%
- 3 Years:
- -53%
- 1 Year:
- -78%
RETURN ON EQUITY
- 10 Years:
- 5%
- 5 Years:
- -10%
- 3 Years:
- -20%
- Last Year:
- -42%
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| LIABILITIES | - | - | - | - | - | - | - | - | - | - |
| Equity Capital | 32 | 32 | 46 | 46 | 46 | 46 | 46 | 46 | 46 | 46 |
| 3 | 13 | 80 | 104 | 117 | 127 | 135 | 114 | 106 | 53 | |
| 37 | 43 | 50 | 40 | 52 | 35 | 61 | 74 | 80 | 59 | |
| Trade Payables | 22 | 25 | 23 | 65 | 69 | 69 | 70 | 59 | 58 | 38 |
| 64 | 59 | 33 | 40 | 27 | 29 | 21 | 10 | 2 | 23 | |
| Total Liabilities | 158 | 173 | 233 | 295 | 311 | 306 | 333 | 304 | 292 | 220 |
| ASSETS | - | - | - | - | - | - | - | - | - | - |
| 75 | 79 | 90 | 121 | 128 | 126 | 122 | 134 | 129 | 123 | |
| Capital Work in Progress | 0 | 1 | 13 | 2 | 0 | 7 | 8 | 0 | 0 | 0 |
| 0 | 0 | 0 | 4 | 4 | 6 | 6 | 5 | 5 | 5 | |
| 35 | 42 | 33 | 57 | 47 | 44 | 46 | 43 | 40 | 15 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 53 | 20 | |
| Cash & Bank | 5 | 0 | 15 | 0 | 5 | 10 | 9 | 10 | 10 | 0 |
| 43 | 49 | 81 | 111 | 126 | 112 | 144 | 112 | 54 | 58 | |
| Total Assets | 158 | 173 | 233 | 295 | 311 | 306 | 333 | 304 | 292 | 220 |
| Total Debt | 78 | 89 | 75 | 57 | 61 | 45 | 66 | 76 | 80 | 76 |
| Net Working Capital | 13 | 6 | 29 | 24 | 27 | 39 | 48 | 13 | -4 | -39 |
| Contingent Liabilities | 1 | 2 | 3 | 18 | 18 | 19 | 19 | 19 | 71 | 143 |
| Book Value per Share | 10.88 | 13.90 | 27.11 | 32.28 | 35.15 | 37.22 | 39.07 | 34.60 | 32.72 | 21.47 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
| Total Debt | 78 | 89 | 75 | 57 | 61 | 45 | 66 | 76 | 80 | 76 |
| Net Working Capital | 13 | 6 | 29 | 24 | 27 | 39 | 48 | 13 | -4 | -39 |
| Contingent Liabilities | 1 | 2 | 3 | 18 | 18 | 19 | 19 | 19 | 71 | 143 |
| Book Value per Share | 10.88 | 13.90 | 27.11 | 32.28 | 35.15 | 37.22 | 39.07 | 34.60 | 32.72 | 21.47 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
Mar 2016
- Equity Capital
- 32
- 3
- 37
- Trade Payables
- 22
- 64
- Total Liabilities
- 158
- 75
- Capital Work in Progress
- 0
- 0
- 35
- 0
- Cash & Bank
- 5
- 43
- Total Assets
- 158
- Total Debt
- 78
- Net Working Capital
- 13
- Contingent Liabilities
- 1
- Book Value per Share
- 10.88
- Face Value
- 10.00
- Total Debt
- 78
- Net Working Capital
- 13
- Contingent Liabilities
- 1
- Book Value per Share
- 10.88
- Face Value
- 10.00
Mar 2017
- Equity Capital
- 32
- 13
- 43
- Trade Payables
- 25
- 59
- Total Liabilities
- 173
- 79
- Capital Work in Progress
- 1
- 0
- 42
- 0
- Cash & Bank
- 0
- 49
- Total Assets
- 173
- Total Debt
- 89
- Net Working Capital
- 6
- Contingent Liabilities
- 2
- Book Value per Share
- 13.90
- Face Value
- 10.00
- Total Debt
- 89
- Net Working Capital
- 6
- Contingent Liabilities
- 2
- Book Value per Share
- 13.90
- Face Value
- 10.00
Mar 2018
- Equity Capital
- 46
- 80
- 50
- Trade Payables
- 23
- 33
- Total Liabilities
- 233
- 90
- Capital Work in Progress
- 13
- 0
- 33
- 0
- Cash & Bank
- 15
- 81
- Total Assets
- 233
- Total Debt
- 75
- Net Working Capital
- 29
- Contingent Liabilities
- 3
- Book Value per Share
- 27.11
- Face Value
- 10.00
- Total Debt
- 75
- Net Working Capital
- 29
- Contingent Liabilities
- 3
- Book Value per Share
- 27.11
- Face Value
- 10.00
Mar 2019
- Equity Capital
- 46
- 104
- 40
- Trade Payables
- 65
- 40
- Total Liabilities
- 295
- 121
- Capital Work in Progress
- 2
- 4
- 57
- 0
- Cash & Bank
- 0
- 111
- Total Assets
- 295
- Total Debt
- 57
- Net Working Capital
- 24
- Contingent Liabilities
- 18
- Book Value per Share
- 32.28
- Face Value
- 10.00
- Total Debt
- 57
- Net Working Capital
- 24
- Contingent Liabilities
- 18
- Book Value per Share
- 32.28
- Face Value
- 10.00
Mar 2020
- Equity Capital
- 46
- 117
- 52
- Trade Payables
- 69
- 27
- Total Liabilities
- 311
- 128
- Capital Work in Progress
- 0
- 4
- 47
- 0
- Cash & Bank
- 5
- 126
- Total Assets
- 311
- Total Debt
- 61
- Net Working Capital
- 27
- Contingent Liabilities
- 18
- Book Value per Share
- 35.15
- Face Value
- 10.00
- Total Debt
- 61
- Net Working Capital
- 27
- Contingent Liabilities
- 18
- Book Value per Share
- 35.15
- Face Value
- 10.00
Mar 2021
- Equity Capital
- 46
- 127
- 35
- Trade Payables
- 69
- 29
- Total Liabilities
- 306
- 126
- Capital Work in Progress
- 7
- 6
- 44
- 0
- Cash & Bank
- 10
- 112
- Total Assets
- 306
- Total Debt
- 45
- Net Working Capital
- 39
- Contingent Liabilities
- 19
- Book Value per Share
- 37.22
- Face Value
- 10.00
- Total Debt
- 45
- Net Working Capital
- 39
- Contingent Liabilities
- 19
- Book Value per Share
- 37.22
- Face Value
- 10.00
Mar 2022
- Equity Capital
- 46
- 135
- 61
- Trade Payables
- 70
- 21
- Total Liabilities
- 333
- 122
- Capital Work in Progress
- 8
- 6
- 46
- 0
- Cash & Bank
- 9
- 144
- Total Assets
- 333
- Total Debt
- 66
- Net Working Capital
- 48
- Contingent Liabilities
- 19
- Book Value per Share
- 39.07
- Face Value
- 10.00
- Total Debt
- 66
- Net Working Capital
- 48
- Contingent Liabilities
- 19
- Book Value per Share
- 39.07
- Face Value
- 10.00
Mar 2023
- Equity Capital
- 46
- 114
- 74
- Trade Payables
- 59
- 10
- Total Liabilities
- 304
- 134
- Capital Work in Progress
- 0
- 5
- 43
- 0
- Cash & Bank
- 10
- 112
- Total Assets
- 304
- Total Debt
- 76
- Net Working Capital
- 13
- Contingent Liabilities
- 19
- Book Value per Share
- 34.60
- Face Value
- 10.00
- Total Debt
- 76
- Net Working Capital
- 13
- Contingent Liabilities
- 19
- Book Value per Share
- 34.60
- Face Value
- 10.00
Mar 2024
- Equity Capital
- 46
- 106
- 80
- Trade Payables
- 58
- 2
- Total Liabilities
- 292
- 129
- Capital Work in Progress
- 0
- 5
- 40
- 53
- Cash & Bank
- 10
- 54
- Total Assets
- 292
- Total Debt
- 80
- Net Working Capital
- -4
- Contingent Liabilities
- 71
- Book Value per Share
- 32.72
- Face Value
- 10.00
- Total Debt
- 80
- Net Working Capital
- -4
- Contingent Liabilities
- 71
- Book Value per Share
- 32.72
- Face Value
- 10.00
Mar 2025
- Equity Capital
- 46
- 53
- 59
- Trade Payables
- 38
- 23
- Total Liabilities
- 220
- 123
- Capital Work in Progress
- 0
- 5
- 15
- 20
- Cash & Bank
- 0
- 58
- Total Assets
- 220
- Total Debt
- 76
- Net Working Capital
- -39
- Contingent Liabilities
- 143
- Book Value per Share
- 21.47
- Face Value
- 10.00
- Total Debt
- 76
- Net Working Capital
- -39
- Contingent Liabilities
- 143
- Book Value per Share
- 21.47
- Face Value
- 10.00
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 16 | 16 | 5 | 37 | 19 | 33 | -14 | 7 | 5 | 3 | |
| Cash from Investing | -10 | -10 | -28 | -27 | -11 | -4 | -1 | -9 | -0 | 2 |
| Cash from Financing | -3 | -7 | 38 | -26 | -3 | -24 | 14 | 4 | -5 | -14 |
| 2 | -1 | 15 | -15 | 4 | 6 | -2 | 1 | 0 | -10 | |
| Free Cash Flow | 5 | 7 | -22 | 13 | 8 | 23 | -16 | -4 | 3 | 3 |
| OCF / Net Profit | 2.58 | 1.59 | 0.25 | 1.55 | 1.44 | 3.41 | -1.66 | -0.31 | -0.55 | -0.06 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 12 | 29 | 6 | 23 | 13 | 8 |
| OCF / Net Profit | 2.58 | 1.59 | 0.25 | 1.55 | 1.44 | 3.41 | -1.66 | -0.31 | -0.55 | -0.06 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 12 | 29 | 6 | 23 | 13 | 8 |
Mar 2016
- 16
- Cash from Investing
- -10
- Cash from Financing
- -3
- 2
- Free Cash Flow
- 5
- OCF / Net Profit
- 2.58
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 2.58
- Cumulative 5-Year FCF
- 0
Mar 2017
- 16
- Cash from Investing
- -10
- Cash from Financing
- -7
- -1
- Free Cash Flow
- 7
- OCF / Net Profit
- 1.59
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 1.59
- Cumulative 5-Year FCF
- 0
Mar 2018
- 5
- Cash from Investing
- -28
- Cash from Financing
- 38
- 15
- Free Cash Flow
- -22
- OCF / Net Profit
- 0.25
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.25
- Cumulative 5-Year FCF
- 0
Mar 2019
- 37
- Cash from Investing
- -27
- Cash from Financing
- -26
- -15
- Free Cash Flow
- 13
- OCF / Net Profit
- 1.55
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 1.55
- Cumulative 5-Year FCF
- 0
Mar 2020
- 19
- Cash from Investing
- -11
- Cash from Financing
- -3
- 4
- Free Cash Flow
- 8
- OCF / Net Profit
- 1.44
- Cumulative 5-Year FCF
- 12
- OCF / Net Profit
- 1.44
- Cumulative 5-Year FCF
- 12
Mar 2021
- 33
- Cash from Investing
- -4
- Cash from Financing
- -24
- 6
- Free Cash Flow
- 23
- OCF / Net Profit
- 3.41
- Cumulative 5-Year FCF
- 29
- OCF / Net Profit
- 3.41
- Cumulative 5-Year FCF
- 29
Mar 2022
- -14
- Cash from Investing
- -1
- Cash from Financing
- 14
- -2
- Free Cash Flow
- -16
- OCF / Net Profit
- -1.66
- Cumulative 5-Year FCF
- 6
- OCF / Net Profit
- -1.66
- Cumulative 5-Year FCF
- 6
Mar 2023
- 7
- Cash from Investing
- -9
- Cash from Financing
- 4
- 1
- Free Cash Flow
- -4
- OCF / Net Profit
- -0.31
- Cumulative 5-Year FCF
- 23
- OCF / Net Profit
- -0.31
- Cumulative 5-Year FCF
- 23
Mar 2024
- 5
- Cash from Investing
- -0
- Cash from Financing
- -5
- 0
- Free Cash Flow
- 3
- OCF / Net Profit
- -0.55
- Cumulative 5-Year FCF
- 13
- OCF / Net Profit
- -0.55
- Cumulative 5-Year FCF
- 13
Mar 2025
- 3
- Cash from Investing
- 2
- Cash from Financing
- -14
- -10
- Free Cash Flow
- 3
- OCF / Net Profit
- -0.06
- Cumulative 5-Year FCF
- 8
- OCF / Net Profit
- -0.06
- Cumulative 5-Year FCF
- 8
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| PER SHARE | - | - | - | - | - | - | - | - | - | - |
| EPS (₹) | 1.87 | 3.08 | 4.48 | 5.19 | 2.87 | 2.08 | 1.87 | -4.45 | -1.89 | -11.25 |
| Book Value (₹) | 10.88 | 13.90 | 27.11 | 32.28 | 35.15 | 37.22 | 39.07 | 34.60 | 32.72 | 21.47 |
| Dividend per Share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash EPS (₹) | 2.73 | 4.10 | 5.23 | 6.28 | 4.03 | 3.38 | 3.18 | -3.18 | -0.52 | -9.89 |
| PROFITABILITY | - | - | - | - | - | - | - | - | - | - |
| Operating Margin % | 11.87% | 11.56% | 11.41% | 12.06% | 8.82% | 6.29% | 4.93% | -2.95% | 0.97% | -34.24% |
| Net Margin % | 3.64% | 5.05% | 7.36% | 5.73% | 3.31% | 2.00% | 1.51% | -4.61% | -2.77% | -53.54% |
| ROE % | 18.83% | 24.89% | 24.33% | 17.46% | 8.50% | 5.76% | 4.90% | -12.09% | -5.61% | -41.52% |
| ROCE % | 15.85% | 15.85% | 17.18% | 22.41% | 13.97% | 11.06% | 9.56% | -7.92% | -0.72% | -19.27% |
| 4.12% | 6.06% | 10.28% | 9.14% | 4.40% | 3.14% | 2.72% | -6.49% | -2.95% | -20.43% | |
| EFFICIENCY | - | - | - | - | - | - | - | - | - | - |
| Debtor Days | 72 | 66 | 61 | 62 | 80 | 65 | 56 | 65 | 67 | 137 |
| Inventory Days | 76 | 71 | 48 | 39 | 47 | 35 | 29 | 36 | 48 | 102 |
| Payable Days | 72 | 73 | 56 | 73 | 122 | 92 | 70 | 79 | 96 | 184 |
| 75 | 64 | 53 | 28 | 6 | 7 | 14 | 22 | 19 | 56 | |
| FINANCIAL HEALTH | - | - | - | - | - | - | - | - | - | - |
| Debt to Equity (x) | 2.22x | 1.97x | 0.59x | 0.38x | 0.37x | 0.26x | 0.36x | 0.47x | 0.53x | 0.76x |
| Interest Coverage (x) | 1.59x | 1.74x | 2.91x | 4.68x | 3.04x | 2.51x | 2.63x | -1.95x | -0.16x | -3.30x |
| 1.18x | 1.08x | 1.33x | 1.18x | 1.20x | 1.33x | 1.35x | 1.09x | 0.97x | 0.62x | |
| GROWTH | - | - | - | - | - | - | - | - | - | - |
| Revenue Growth % | 3.67% | 16.36% | 38.01% | 47.85% | -4.00% | 21.22% | 17.84% | -23.03% | -21.27% | -69.13% |
| Operating Profit Growth % | 2.73% | 15.63% | 40.78% | 57.05% | -29.97% | -14.11% | -7.16% | -146.76% | 135.21% | -807.37% |
| Net Profit Growth % | 47.37% | 64.70% | 107.88% | 15.74% | -44.71% | -27.32% | -10.38% | -338.45% | 57.59% | -495.69% |
| 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 57.59% | -495.69% | |
| VALUATION | - | - | - | - | - | - | - | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.59x | 0.49x |
| Dividend Yield % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 34.13x | -3.78x |
Mar 2016
- EPS (₹)
- 1.87
- Book Value (₹)
- 10.88
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 2.73
- Operating Margin %
- 11.87%
- Net Margin %
- 3.64%
- ROE %
- 18.83%
- ROCE %
- 15.85%
- 4.12%
- Debtor Days
- 72
- Inventory Days
- 76
- Payable Days
- 72
- 75
- Debt to Equity (x)
- 2.22x
- Interest Coverage (x)
- 1.59x
- 1.18x
- Revenue Growth %
- 3.67%
- Operating Profit Growth %
- 2.73%
- Net Profit Growth %
- 47.37%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2017
- EPS (₹)
- 3.08
- Book Value (₹)
- 13.90
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 4.10
- Operating Margin %
- 11.56%
- Net Margin %
- 5.05%
- ROE %
- 24.89%
- ROCE %
- 15.85%
- 6.06%
- Debtor Days
- 66
- Inventory Days
- 71
- Payable Days
- 73
- 64
- Debt to Equity (x)
- 1.97x
- Interest Coverage (x)
- 1.74x
- 1.08x
- Revenue Growth %
- 16.36%
- Operating Profit Growth %
- 15.63%
- Net Profit Growth %
- 64.70%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2018
- EPS (₹)
- 4.48
- Book Value (₹)
- 27.11
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 5.23
- Operating Margin %
- 11.41%
- Net Margin %
- 7.36%
- ROE %
- 24.33%
- ROCE %
- 17.18%
- 10.28%
- Debtor Days
- 61
- Inventory Days
- 48
- Payable Days
- 56
- 53
- Debt to Equity (x)
- 0.59x
- Interest Coverage (x)
- 2.91x
- 1.33x
- Revenue Growth %
- 38.01%
- Operating Profit Growth %
- 40.78%
- Net Profit Growth %
- 107.88%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2019
- EPS (₹)
- 5.19
- Book Value (₹)
- 32.28
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 6.28
- Operating Margin %
- 12.06%
- Net Margin %
- 5.73%
- ROE %
- 17.46%
- ROCE %
- 22.41%
- 9.14%
- Debtor Days
- 62
- Inventory Days
- 39
- Payable Days
- 73
- 28
- Debt to Equity (x)
- 0.38x
- Interest Coverage (x)
- 4.68x
- 1.18x
- Revenue Growth %
- 47.85%
- Operating Profit Growth %
- 57.05%
- Net Profit Growth %
- 15.74%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2020
- EPS (₹)
- 2.87
- Book Value (₹)
- 35.15
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 4.03
- Operating Margin %
- 8.82%
- Net Margin %
- 3.31%
- ROE %
- 8.50%
- ROCE %
- 13.97%
- 4.40%
- Debtor Days
- 80
- Inventory Days
- 47
- Payable Days
- 122
- 6
- Debt to Equity (x)
- 0.37x
- Interest Coverage (x)
- 3.04x
- 1.20x
- Revenue Growth %
- -4.00%
- Operating Profit Growth %
- -29.97%
- Net Profit Growth %
- -44.71%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2021
- EPS (₹)
- 2.08
- Book Value (₹)
- 37.22
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 3.38
- Operating Margin %
- 6.29%
- Net Margin %
- 2.00%
- ROE %
- 5.76%
- ROCE %
- 11.06%
- 3.14%
- Debtor Days
- 65
- Inventory Days
- 35
- Payable Days
- 92
- 7
- Debt to Equity (x)
- 0.26x
- Interest Coverage (x)
- 2.51x
- 1.33x
- Revenue Growth %
- 21.22%
- Operating Profit Growth %
- -14.11%
- Net Profit Growth %
- -27.32%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2022
- EPS (₹)
- 1.87
- Book Value (₹)
- 39.07
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 3.18
- Operating Margin %
- 4.93%
- Net Margin %
- 1.51%
- ROE %
- 4.90%
- ROCE %
- 9.56%
- 2.72%
- Debtor Days
- 56
- Inventory Days
- 29
- Payable Days
- 70
- 14
- Debt to Equity (x)
- 0.36x
- Interest Coverage (x)
- 2.63x
- 1.35x
- Revenue Growth %
- 17.84%
- Operating Profit Growth %
- -7.16%
- Net Profit Growth %
- -10.38%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2023
- EPS (₹)
- -4.45
- Book Value (₹)
- 34.60
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- -3.18
- Operating Margin %
- -2.95%
- Net Margin %
- -4.61%
- ROE %
- -12.09%
- ROCE %
- -7.92%
- -6.49%
- Debtor Days
- 65
- Inventory Days
- 36
- Payable Days
- 79
- 22
- Debt to Equity (x)
- 0.47x
- Interest Coverage (x)
- -1.95x
- 1.09x
- Revenue Growth %
- -23.03%
- Operating Profit Growth %
- -146.76%
- Net Profit Growth %
- -338.45%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2024
- EPS (₹)
- -1.89
- Book Value (₹)
- 32.72
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- -0.52
- Operating Margin %
- 0.97%
- Net Margin %
- -2.77%
- ROE %
- -5.61%
- ROCE %
- -0.72%
- -2.95%
- Debtor Days
- 67
- Inventory Days
- 48
- Payable Days
- 96
- 19
- Debt to Equity (x)
- 0.53x
- Interest Coverage (x)
- -0.16x
- 0.97x
- Revenue Growth %
- -21.27%
- Operating Profit Growth %
- 135.21%
- Net Profit Growth %
- 57.59%
- 57.59%
- P/E (x)
- 0.00x
- P/B (x)
- 0.59x
- Dividend Yield %
- 0.00%
- 34.13x
Mar 2025
- EPS (₹)
- -11.25
- Book Value (₹)
- 21.47
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- -9.89
- Operating Margin %
- -34.24%
- Net Margin %
- -53.54%
- ROE %
- -41.52%
- ROCE %
- -19.27%
- -20.43%
- Debtor Days
- 137
- Inventory Days
- 102
- Payable Days
- 184
- 56
- Debt to Equity (x)
- 0.76x
- Interest Coverage (x)
- -3.30x
- 0.62x
- Revenue Growth %
- -69.13%
- Operating Profit Growth %
- -807.37%
- Net Profit Growth %
- -495.69%
- -495.69%
- P/E (x)
- 0.00x
- P/B (x)
- 0.49x
- Dividend Yield %
- 0.00%
- -3.78x
Documents
Announcements
- Corporate Insolvency Resolution Process
2026-08-20 - Astron Paper & Board Mill Limited has informed the Exchange about Corporate Insolvency Resolution Process
- Corporate Insolvency Resolution Process
2026-07-28 - Astron Paper & Board Mill Limited has informed the Exchange about Corporate Insolvency Resolution Process
Annual Reports
Credit Ratings
Nothing filed yet.