Orient Paper & Industries Ltd.

•

₹ 17.130.18%

2026-08-21

orientpaper.inBSE: 502420NSE: ORIENTPPR

Market Cap₹ 359 Cr.

Current Price₹ 17

High / Low₹ 31 / 13

Stock P/E0.0

Book Value₹ 69

Price to Book0.20

Dividend Yield0.00 %

ROCE-4.3 %

ROE-1.9 %

Face Value₹ 1

Add ratio to table

ABOUT

KEY POINTS

Revenue Breakup Mar 2026 • Paper: 80.7% • Chemicals: 19.3%

PROS

Company has delivered good sales growth of 15.4% CAGR over last 5 years
Working capital cycle has improved - days down from -39 to -66
Company generates healthy free cash flow
Company maintains a comfortable, low leverage position

CONS

Company is loss-making at the operating / net level
Operating cash flow has been negative in recent years
Recent results are weak - TTM profit is down 280.3% versus prior year
Company has a low return on capital employed of -1.6%
Company has a low return on equity of -1.7% over last 3 years
Interest coverage is weak at -3.2x - earnings barely cover interest

* The pros and cons are machine generated based on quantitative rules.

Peer comparison

EDIT COLUMNS

Forest MaterialsPaperPaper & Paper Products

Part ofNIFTY 50 NIFTY 500 NIFTY LARGEMIDCAP 250 NIFTY 100 NIFTY 200

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	5.74	177.46	1146.64	1.53	5.85	10.02
6.	NRAIL	501.20	0.00	853.00	0.40	349.75	2013.42	6469.56	1330.87	8.25	11.48
7.	PDMJEPAPER	87.44	0.00	830.24	0.69	337.20	830.46	2029.20	932.93	20.10	17.53
8.	KUANTUM	78.92	0.00	688.68	3.17	62.30	416.58	3037.50	1262.60	5.24	13.20
9.	SATIA	58.03	0.00	580.30	0.69	-17.12	-154.18	361.81	-2.45	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.	ORIENTPPR	16.90	2.28	358.59	0.00	-8.25	-124.27	227.61	-4.50	-4.28	3.52

Detailed Comparison with:

Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	243	143	203	242	238	208	230	219	238	200	236	231	228
	189	154	186	242	230	226	231	230	237	232	247	228	241
Operating Profit	—	—	—	—	—	—	—	—	—	—	—	—	—
OPM %	—	—	—	—	—	—	—	—	—	—	—	—	—
Other Income	11	6	4	5	2	6	4	3	3	10	2	3	2
Interest	5	7	9	8	8	8	8	8	8	6	6	5	7
Depreciation	10	10	11	12	12	13	13	13	14	14	14	16	15
	50	-23	1	-14	-10	-32	-18	-29	-18	-42	-29	-14	-11
Tax %	35.41%	29.75%	391.82%	53.95%	35.64%	39.20%	41.09%	37.21%	290.42%	27.85%	27.64%	20.59%	24.08%
Net Profit	32	-16	-3	-6	-6	-20	-11	-18	34	-31	-21	-11	-8
	2	-1	-0	-0	-0	-1	-0	-1	2	-1	-1	-1	-0
Equity Capital	21	21	21	21	21	21	21	21	21	21	21	21	21
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	21	21	21	21	21	21	21	21	21	21	21	21	21
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%

Jun 2023

: 243
: 189
Operating Profit: —
OPM %: —
Other Income: 11
Interest: 5
Depreciation: 10
: 50
Tax %: 35.41%
Net Profit: 32
: 2
Equity Capital: 21
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 21
Reserves: 0
Promoter Pledge %: 0.00%

Sep 2023

: 143
: 154
Operating Profit: —
OPM %: —
Other Income: 6
Interest: 7
Depreciation: 10
: -23
Tax %: 29.75%
Net Profit: -16
: -1
Equity Capital: 21
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 21
Reserves: 0
Promoter Pledge %: 0.00%

Dec 2023

: 203
: 186
Operating Profit: —
OPM %: —
Other Income: 4
Interest: 9
Depreciation: 11
: 1
Tax %: 391.82%
Net Profit: -3
: -0
Equity Capital: 21
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 21
Reserves: 0
Promoter Pledge %: 0.00%

Mar 2024

: 242
: 242
Operating Profit: —
OPM %: —
Other Income: 5
Interest: 8
Depreciation: 12
: -14
Tax %: 53.95%
Net Profit: -6
: -0
Equity Capital: 21
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 21
Reserves: 0
Promoter Pledge %: 0.00%

Jun 2024

: 238
: 230
Operating Profit: —
OPM %: —
Other Income: 2
Interest: 8
Depreciation: 12
: -10
Tax %: 35.64%
Net Profit: -6
: -0
Equity Capital: 21
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 21
Reserves: 0
Promoter Pledge %: 0.00%

Sep 2024

: 208
: 226
Operating Profit: —
OPM %: —
Other Income: 6
Interest: 8
Depreciation: 13
: -32
Tax %: 39.20%
Net Profit: -20
: -1
Equity Capital: 21
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 21
Reserves: 0
Promoter Pledge %: 0.00%

Dec 2024

: 230
: 231
Operating Profit: —
OPM %: —
Other Income: 4
Interest: 8
Depreciation: 13
: -18
Tax %: 41.09%
Net Profit: -11
: -0
Equity Capital: 21
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 21
Reserves: 0
Promoter Pledge %: 0.00%

Mar 2025

: 219
: 230
Operating Profit: —
OPM %: —
Other Income: 3
Interest: 8
Depreciation: 13
: -29
Tax %: 37.21%
Net Profit: -18
: -1
Equity Capital: 21
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 21
Reserves: 0
Promoter Pledge %: 0.00%

Jun 2025

: 238
: 237
Operating Profit: —
OPM %: —
Other Income: 3
Interest: 8
Depreciation: 14
: -18
Tax %: 290.42%
Net Profit: 34
: 2
Equity Capital: 21
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 21
Reserves: 0
Promoter Pledge %: 0.00%

Sep 2025

: 200
: 232
Operating Profit: —
OPM %: —
Other Income: 10
Interest: 6
Depreciation: 14
: -42
Tax %: 27.85%
Net Profit: -31
: -1
Equity Capital: 21
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 21
Reserves: 0
Promoter Pledge %: 0.00%

Dec 2025

: 236
: 247
Operating Profit: —
OPM %: —
Other Income: 2
Interest: 6
Depreciation: 14
: -29
Tax %: 27.64%
Net Profit: -21
: -1
Equity Capital: 21
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 21
Reserves: 0
Promoter Pledge %: 0.00%

Mar 2026

: 231
: 228
Operating Profit: —
OPM %: —
Other Income: 3
Interest: 5
Depreciation: 16
: -14
Tax %: 20.59%
Net Profit: -11
: -1
Equity Capital: 21
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 21
Reserves: 0
Promoter Pledge %: 0.00%

Jun 2026

: 228
: 241
Operating Profit: —
OPM %: —
Other Income: 2
Interest: 7
Depreciation: 15
: -11
Tax %: 24.08%
Net Profit: -8
: -0
Equity Capital: 21
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 21
Reserves: 0
Promoter Pledge %: 0.00%

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
	1,663	661	710	607	443	586	943	832	896	906	895
	1,556	549	572	559	477	603	781	771	917	944	948
Operating Profit	132	123	172	59	-24	-8	191	86	-5	-21	—
OPM %	8	19	24	10	-5	-1	20	10	-1	-2	—
Other Income	24	11	34	12	10	9	29	25	16	17	17
Interest	42	15	10	5	7	5	10	29	32	25	23
Depreciation	44	28	32	33	32	31	33	44	51	58	59
	46	80	130	21	-63	-44	148	14	-89	-103	-96
Tax %	18	38	22	5	26	34	33	55	39	72	26
Net Profit	38	49	102	20	-47	-29	99	6	-55	-29	-71
EPS	0	0	0	0	-2	-1	5	0	-3	-1	—
Dividend Payout %	56	43	23	53	-11	-18	21	85	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	2	5	1	-2	-1	5	0	-3	-1	—
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	2	5	1	-2	-1	5	0	-3	-1	—

Mar 2017

: 1,663
: 1,556
Operating Profit: 132
OPM %: 8
Other Income: 24
Interest: 42
Depreciation: 44
: 46
Tax %: 18
Net Profit: 38
EPS: 0
Dividend Payout %: 56
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 2
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 2

Mar 2018

: 661
: 549
Operating Profit: 123
OPM %: 19
Other Income: 11
Interest: 15
Depreciation: 28
: 80
Tax %: 38
Net Profit: 49
EPS: 0
Dividend Payout %: 43
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 2
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 2

Mar 2019

: 710
: 572
Operating Profit: 172
OPM %: 24
Other Income: 34
Interest: 10
Depreciation: 32
: 130
Tax %: 22
Net Profit: 102
EPS: 0
Dividend Payout %: 23
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 5
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 5

Mar 2020

: 607
: 559
Operating Profit: 59
OPM %: 10
Other Income: 12
Interest: 5
Depreciation: 33
: 21
Tax %: 5
Net Profit: 20
EPS: 0
Dividend Payout %: 53
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 1
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 1

Mar 2021

: 443
: 477
Operating Profit: -24
OPM %: -5
Other Income: 10
Interest: 7
Depreciation: 32
: -63
Tax %: 26
Net Profit: -47
EPS: -2
Dividend Payout %: -11
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: -2
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: -2

Mar 2022

: 586
: 603
Operating Profit: -8
OPM %: -1
Other Income: 9
Interest: 5
Depreciation: 31
: -44
Tax %: 34
Net Profit: -29
EPS: -1
Dividend Payout %: -18
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: -1
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: -1

Mar 2023

: 943
: 781
Operating Profit: 191
OPM %: 20
Other Income: 29
Interest: 10
Depreciation: 33
: 148
Tax %: 33
Net Profit: 99
EPS: 5
Dividend Payout %: 21
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 5
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 5

Mar 2024

: 832
: 771
Operating Profit: 86
OPM %: 10
Other Income: 25
Interest: 29
Depreciation: 44
: 14
Tax %: 55
Net Profit: 6
EPS: 0
Dividend Payout %: 85
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 0
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 0

Mar 2025

: 896
: 917
Operating Profit: -5
OPM %: -1
Other Income: 16
Interest: 32
Depreciation: 51
: -89
Tax %: 39
Net Profit: -55
EPS: -3
Dividend Payout %: 0
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: -3
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: -3

Mar 2026

: 906
: 944
Operating Profit: -21
OPM %: -2
Other Income: 17
Interest: 25
Depreciation: 58
: -103
Tax %: 72
Net Profit: -29
EPS: -1
Dividend Payout %: 0
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: -1
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: -1

TTM

: 895
: 948
Operating Profit: —
OPM %: —
Other Income: 17
Interest: 23
Depreciation: 59
: -96
Tax %: 26
Net Profit: -71
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:: -7%
5 Years:: 15%
3 Years:: -1%

COMPOUNDED PROFIT GROWTH

10 Years:: —
5 Years:: —
3 Years:: —

STOCK PRICE CAGR

10 Years:: -12%
5 Years:: -9%
3 Years:: -30%
1 Year:: -40%

RETURN ON EQUITY

10 Years:: 1%
5 Years:: 0%
3 Years:: -2%
Last Year:: -2%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
LIABILITIES	-	-	-	-	-	-	-	-	-	-
Equity Capital	21	21	21	21	21	21	21	21	21	21
	1,189	1,296	1,364	1,241	1,447	1,532	1,494	1,597	1,514	1,447
	126	51	18	29	33	136	122	171	205	76
Trade Payables	83	69	84	98	90	90	76	102	125	130
	391	404	379	337	401	396	490	543	551	514
Total Liabilities	1,810	1,842	1,867	1,726	1,992	2,175	2,204	2,434	2,416	2,188
ASSETS	-	-	-	-	-	-	-	-	-	-
	1,263	1,337	1,325	1,317	1,306	1,283	1,489	1,591	1,611	1,588
Capital Work in Progress	86	10	18	53	54	181	71	77	65	89
	254	314	296	154	442	538	390	497	448	209
	78	61	75	77	70	66	134	129	150	159
	0	0	0	0	0	0	0	13	17	17
Cash & Bank	10	5	5	5	13	5	4	3	2	1
	118	115	149	120	107	102	115	125	124	125
Total Assets	1,810	1,842	1,867	1,726	1,992	2,175	2,204	2,434	2,416	2,188
Total Debt	186	90	28	29	82	204	269	317	397	287
Net Working Capital	-109	-64	-2	-37	-50	-153	-63	-212	-95	-164
Contingent Liabilities	259	280	335	1,539	1,759	3,470	2,407	3,019	3,487	4,205
Book Value per Share	57.02	62.10	65.28	59.51	69.18	73.18	71.42	76.29	72.34	69.18
Face Value	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00
Total Debt	186	90	28	29	82	204	269	317	397	287
Net Working Capital	-109	-64	-2	-37	-50	-153	-63	-212	-95	-164
Contingent Liabilities	259	280	335	1,539	1,759	3,470	2,407	3,019	3,487	4,205
Book Value per Share	57.02	62.10	65.28	59.51	69.18	73.18	71.42	76.29	72.34	69.18
Face Value	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00

Mar 2017

Equity Capital: 21
: 1,189
: 126
Trade Payables: 83
: 391
Total Liabilities: 1,810
: 1,263
Capital Work in Progress: 86
: 254
: 78
: 0
Cash & Bank: 10
: 118
Total Assets: 1,810
Total Debt: 186
Net Working Capital: -109
Contingent Liabilities: 259
Book Value per Share: 57.02
Face Value: 1.00
Total Debt: 186
Net Working Capital: -109
Contingent Liabilities: 259
Book Value per Share: 57.02
Face Value: 1.00

Mar 2018

Equity Capital: 21
: 1,296
: 51
Trade Payables: 69
: 404
Total Liabilities: 1,842
: 1,337
Capital Work in Progress: 10
: 314
: 61
: 0
Cash & Bank: 5
: 115
Total Assets: 1,842
Total Debt: 90
Net Working Capital: -64
Contingent Liabilities: 280
Book Value per Share: 62.10
Face Value: 1.00
Total Debt: 90
Net Working Capital: -64
Contingent Liabilities: 280
Book Value per Share: 62.10
Face Value: 1.00

Mar 2019

Equity Capital: 21
: 1,364
: 18
Trade Payables: 84
: 379
Total Liabilities: 1,867
: 1,325
Capital Work in Progress: 18
: 296
: 75
: 0
Cash & Bank: 5
: 149
Total Assets: 1,867
Total Debt: 28
Net Working Capital: -2
Contingent Liabilities: 335
Book Value per Share: 65.28
Face Value: 1.00
Total Debt: 28
Net Working Capital: -2
Contingent Liabilities: 335
Book Value per Share: 65.28
Face Value: 1.00

Mar 2020

Equity Capital: 21
: 1,241
: 29
Trade Payables: 98
: 337
Total Liabilities: 1,726
: 1,317
Capital Work in Progress: 53
: 154
: 77
: 0
Cash & Bank: 5
: 120
Total Assets: 1,726
Total Debt: 29
Net Working Capital: -37
Contingent Liabilities: 1,539
Book Value per Share: 59.51
Face Value: 1.00
Total Debt: 29
Net Working Capital: -37
Contingent Liabilities: 1,539
Book Value per Share: 59.51
Face Value: 1.00

Mar 2021

Equity Capital: 21
: 1,447
: 33
Trade Payables: 90
: 401
Total Liabilities: 1,992
: 1,306
Capital Work in Progress: 54
: 442
: 70
: 0
Cash & Bank: 13
: 107
Total Assets: 1,992
Total Debt: 82
Net Working Capital: -50
Contingent Liabilities: 1,759
Book Value per Share: 69.18
Face Value: 1.00
Total Debt: 82
Net Working Capital: -50
Contingent Liabilities: 1,759
Book Value per Share: 69.18
Face Value: 1.00

Mar 2022

Equity Capital: 21
: 1,532
: 136
Trade Payables: 90
: 396
Total Liabilities: 2,175
: 1,283
Capital Work in Progress: 181
: 538
: 66
: 0
Cash & Bank: 5
: 102
Total Assets: 2,175
Total Debt: 204
Net Working Capital: -153
Contingent Liabilities: 3,470
Book Value per Share: 73.18
Face Value: 1.00
Total Debt: 204
Net Working Capital: -153
Contingent Liabilities: 3,470
Book Value per Share: 73.18
Face Value: 1.00

Mar 2023

Equity Capital: 21
: 1,494
: 122
Trade Payables: 76
: 490
Total Liabilities: 2,204
: 1,489
Capital Work in Progress: 71
: 390
: 134
: 0
Cash & Bank: 4
: 115
Total Assets: 2,204
Total Debt: 269
Net Working Capital: -63
Contingent Liabilities: 2,407
Book Value per Share: 71.42
Face Value: 1.00
Total Debt: 269
Net Working Capital: -63
Contingent Liabilities: 2,407
Book Value per Share: 71.42
Face Value: 1.00

Mar 2024

Equity Capital: 21
: 1,597
: 171
Trade Payables: 102
: 543
Total Liabilities: 2,434
: 1,591
Capital Work in Progress: 77
: 497
: 129
: 13
Cash & Bank: 3
: 125
Total Assets: 2,434
Total Debt: 317
Net Working Capital: -212
Contingent Liabilities: 3,019
Book Value per Share: 76.29
Face Value: 1.00
Total Debt: 317
Net Working Capital: -212
Contingent Liabilities: 3,019
Book Value per Share: 76.29
Face Value: 1.00

Mar 2025

Equity Capital: 21
: 1,514
: 205
Trade Payables: 125
: 551
Total Liabilities: 2,416
: 1,611
Capital Work in Progress: 65
: 448
: 150
: 17
Cash & Bank: 2
: 124
Total Assets: 2,416
Total Debt: 397
Net Working Capital: -95
Contingent Liabilities: 3,487
Book Value per Share: 72.34
Face Value: 1.00
Total Debt: 397
Net Working Capital: -95
Contingent Liabilities: 3,487
Book Value per Share: 72.34
Face Value: 1.00

Mar 2026

Equity Capital: 21
: 1,447
: 76
Trade Payables: 130
: 514
Total Liabilities: 2,188
: 1,588
Capital Work in Progress: 89
: 209
: 159
: 17
Cash & Bank: 1
: 125
Total Assets: 2,188
Total Debt: 287
Net Working Capital: -164
Contingent Liabilities: 4,205
Book Value per Share: 69.18
Face Value: 1.00
Total Debt: 287
Net Working Capital: -164
Contingent Liabilities: 4,205
Book Value per Share: 69.18
Face Value: 1.00

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	36	126	99	68	-20	-24	62	101	-12	-27
Cash from Investing	-67	15	1	-47	-7	-87	-98	-98	-28	164
Cash from Financing	-7	-146	-100	-21	35	104	35	-4	39	-138
	-39	-5	-1	0	8	-8	-1	-1	-1	-0
Free Cash Flow	-718	101	73	9	-41	-158	-45	-15	-63	-76
OCF / Net Profit	0.94	2.55	0.97	3.44	0.43	0.85	0.62	16.23	0.22	0.93
Cumulative 5-Year FCF	0	0	0	0	-577	-17	-162	-250	-321	-355
OCF / Net Profit	0.94	2.55	0.97	3.44	0.43	0.85	0.62	16.23	0.22	0.93
Cumulative 5-Year FCF	0	0	0	0	-577	-17	-162	-250	-321	-355

Mar 2017

: 36
Cash from Investing: -67
Cash from Financing: -7
: -39
Free Cash Flow: -718
OCF / Net Profit: 0.94
Cumulative 5-Year FCF: 0
OCF / Net Profit: 0.94
Cumulative 5-Year FCF: 0

Mar 2018

: 126
Cash from Investing: 15
Cash from Financing: -146
: -5
Free Cash Flow: 101
OCF / Net Profit: 2.55
Cumulative 5-Year FCF: 0
OCF / Net Profit: 2.55
Cumulative 5-Year FCF: 0

Mar 2019

: 99
Cash from Investing: 1
Cash from Financing: -100
: -1
Free Cash Flow: 73
OCF / Net Profit: 0.97
Cumulative 5-Year FCF: 0
OCF / Net Profit: 0.97
Cumulative 5-Year FCF: 0

Mar 2020

: 68
Cash from Investing: -47
Cash from Financing: -21
: 0
Free Cash Flow: 9
OCF / Net Profit: 3.44
Cumulative 5-Year FCF: 0
OCF / Net Profit: 3.44
Cumulative 5-Year FCF: 0

Mar 2021

: -20
Cash from Investing: -7
Cash from Financing: 35
: 8
Free Cash Flow: -41
OCF / Net Profit: 0.43
Cumulative 5-Year FCF: -577
OCF / Net Profit: 0.43
Cumulative 5-Year FCF: -577

Mar 2022

: -24
Cash from Investing: -87
Cash from Financing: 104
: -8
Free Cash Flow: -158
OCF / Net Profit: 0.85
Cumulative 5-Year FCF: -17
OCF / Net Profit: 0.85
Cumulative 5-Year FCF: -17

Mar 2023

: 62
Cash from Investing: -98
Cash from Financing: 35
: -1
Free Cash Flow: -45
OCF / Net Profit: 0.62
Cumulative 5-Year FCF: -162
OCF / Net Profit: 0.62
Cumulative 5-Year FCF: -162

Mar 2024

: 101
Cash from Investing: -98
Cash from Financing: -4
: -1
Free Cash Flow: -15
OCF / Net Profit: 16.23
Cumulative 5-Year FCF: -250
OCF / Net Profit: 16.23
Cumulative 5-Year FCF: -250

Mar 2025

: -12
Cash from Investing: -28
Cash from Financing: 39
: -1
Free Cash Flow: -63
OCF / Net Profit: 0.22
Cumulative 5-Year FCF: -321
OCF / Net Profit: 0.22
Cumulative 5-Year FCF: -321

Mar 2026

: -27
Cash from Investing: 164
Cash from Financing: -138
: -0
Free Cash Flow: -76
OCF / Net Profit: 0.93
Cumulative 5-Year FCF: -355
OCF / Net Profit: 0.93
Cumulative 5-Year FCF: -355

Ratios

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
PER SHARE	-	-	-	-	-	-	-	-	-	-
EPS (₹)	1.79	2.32	4.79	0.94	-2.19	-1.36	4.68	0.29	-2.58	-1.36
Book Value (₹)	57.02	62.10	65.28	59.51	69.18	73.18	71.42	76.29	72.34	69.18
Dividend per Share (₹)	1.00	1.00	1.10	0.50	0.25	0.25	1.00	0.25	0.00	0.00
Cash EPS (₹)	3.85	3.66	6.28	2.50	-0.67	0.11	6.23	2.35	-0.16	1.38
PROFITABILITY	-	-	-	-	-	-	-	-	-	-
Operating Margin %	7.32%	18.33%	24.17%	9.78%	-5.36%	-1.32%	20.27%	7.34%	-2.33%	-4.22%
Net Margin %	2.11%	7.34%	14.32%	3.29%	-10.50%	-4.93%	10.52%	0.75%	-6.10%	-3.18%
ROE %	4.69%	3.90%	7.52%	1.51%	-3.41%	-1.91%	6.47%	0.40%	-3.47%	-1.92%
ROCE %	7.84%	6.76%	9.92%	1.93%	-3.95%	-2.35%	8.93%	2.29%	-2.92%	-4.28%
	2.44%	2.70%	5.48%	1.11%	-2.50%	-1.39%	4.53%	0.27%	-2.25%	-1.25%
EFFICIENCY	-	-	-	-	-	-	-	-	-	-
Debtor Days	41	17	17	17	21	15	8	7	6	7
Inventory Days	31	38	35	46	60	42	39	58	57	62
Payable Days	71	146	140	173	248	136	103	115	108	112
	1	-91	-87	-110	-167	-79	-56	-50	-46	-43
FINANCIAL HEALTH	-	-	-	-	-	-	-	-	-	-
Debt to Equity (x)	0.15x	0.07x	0.02x	0.02x	0.06x	0.13x	0.18x	0.20x	0.26x	0.20x
Interest Coverage (x)	2.12x	6.45x	14.04x	5.00x	-8.51x	-7.82x	15.21x	1.48x	-1.74x	-3.21x
	0.62x	0.70x	0.99x	0.83x	0.76x	0.46x	0.77x	0.49x	0.80x	0.56x
GROWTH	-	-	-	-	-	-	-	-	-	-
Revenue Growth %	-8.65%	-60.23%	7.36%	-14.57%	-26.91%	32.09%	61.01%	-11.77%	7.67%	1.13%
Operating Profit Growth %	12.88%	-6.66%	39.42%	-65.43%	-140.07%	67.47%	2571.03%	-54.86%	-105.87%	-309.65%
Net Profit Growth %	80.38%	29.99%	106.23%	-80.40%	-333.57%	37.96%	443.69%	-93.73%	-978.00%	47.30%
	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-93.73%	-978.02%	47.30%
VALUATION	-	-	-	-	-	-	-	-	-	-
P/E (x)	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	140.36x	0.00x	0.00x
P/B (x)	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	0.54x	0.32x	0.20x
Dividend Yield %	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.61%	0.00%	0.00%
	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	13.78x	-173.79x	-27.99x

Mar 2017

EPS (₹): 1.79
Book Value (₹): 57.02
Dividend per Share (₹): 1.00
Cash EPS (₹): 3.85
Operating Margin %: 7.32%
Net Margin %: 2.11%
ROE %: 4.69%
ROCE %: 7.84%
: 2.44%
Debtor Days: 41
Inventory Days: 31
Payable Days: 71
: 1
Debt to Equity (x): 0.15x
Interest Coverage (x): 2.12x
: 0.62x
Revenue Growth %: -8.65%
Operating Profit Growth %: 12.88%
Net Profit Growth %: 80.38%
: 0.00%
P/E (x): 0.00x
P/B (x): 0.00x
Dividend Yield %: 0.00%
: 0.00x

Mar 2018

EPS (₹): 2.32
Book Value (₹): 62.10
Dividend per Share (₹): 1.00
Cash EPS (₹): 3.66
Operating Margin %: 18.33%
Net Margin %: 7.34%
ROE %: 3.90%
ROCE %: 6.76%
: 2.70%
Debtor Days: 17
Inventory Days: 38
Payable Days: 146
: -91
Debt to Equity (x): 0.07x
Interest Coverage (x): 6.45x
: 0.70x
Revenue Growth %: -60.23%
Operating Profit Growth %: -6.66%
Net Profit Growth %: 29.99%
: 0.00%
P/E (x): 0.00x
P/B (x): 0.00x
Dividend Yield %: 0.00%
: 0.00x

Mar 2019

EPS (₹): 4.79
Book Value (₹): 65.28
Dividend per Share (₹): 1.10
Cash EPS (₹): 6.28
Operating Margin %: 24.17%
Net Margin %: 14.32%
ROE %: 7.52%
ROCE %: 9.92%
: 5.48%
Debtor Days: 17
Inventory Days: 35
Payable Days: 140
: -87
Debt to Equity (x): 0.02x
Interest Coverage (x): 14.04x
: 0.99x
Revenue Growth %: 7.36%
Operating Profit Growth %: 39.42%
Net Profit Growth %: 106.23%
: 0.00%
P/E (x): 0.00x
P/B (x): 0.00x
Dividend Yield %: 0.00%
: 0.00x

Mar 2020

EPS (₹): 0.94
Book Value (₹): 59.51
Dividend per Share (₹): 0.50
Cash EPS (₹): 2.50
Operating Margin %: 9.78%
Net Margin %: 3.29%
ROE %: 1.51%
ROCE %: 1.93%
: 1.11%
Debtor Days: 17
Inventory Days: 46
Payable Days: 173
: -110
Debt to Equity (x): 0.02x
Interest Coverage (x): 5.00x
: 0.83x
Revenue Growth %: -14.57%
Operating Profit Growth %: -65.43%
Net Profit Growth %: -80.40%
: 0.00%
P/E (x): 0.00x
P/B (x): 0.00x
Dividend Yield %: 0.00%
: 0.00x

Mar 2021

EPS (₹): -2.19
Book Value (₹): 69.18
Dividend per Share (₹): 0.25
Cash EPS (₹): -0.67
Operating Margin %: -5.36%
Net Margin %: -10.50%
ROE %: -3.41%
ROCE %: -3.95%
: -2.50%
Debtor Days: 21
Inventory Days: 60
Payable Days: 248
: -167
Debt to Equity (x): 0.06x
Interest Coverage (x): -8.51x
: 0.76x
Revenue Growth %: -26.91%
Operating Profit Growth %: -140.07%
Net Profit Growth %: -333.57%
: 0.00%
P/E (x): 0.00x
P/B (x): 0.00x
Dividend Yield %: 0.00%
: 0.00x

Mar 2022

EPS (₹): -1.36
Book Value (₹): 73.18
Dividend per Share (₹): 0.25
Cash EPS (₹): 0.11
Operating Margin %: -1.32%
Net Margin %: -4.93%
ROE %: -1.91%
ROCE %: -2.35%
: -1.39%
Debtor Days: 15
Inventory Days: 42
Payable Days: 136
: -79
Debt to Equity (x): 0.13x
Interest Coverage (x): -7.82x
: 0.46x
Revenue Growth %: 32.09%
Operating Profit Growth %: 67.47%
Net Profit Growth %: 37.96%
: 0.00%
P/E (x): 0.00x
P/B (x): 0.00x
Dividend Yield %: 0.00%
: 0.00x

Mar 2023

EPS (₹): 4.68
Book Value (₹): 71.42
Dividend per Share (₹): 1.00
Cash EPS (₹): 6.23
Operating Margin %: 20.27%
Net Margin %: 10.52%
ROE %: 6.47%
ROCE %: 8.93%
: 4.53%
Debtor Days: 8
Inventory Days: 39
Payable Days: 103
: -56
Debt to Equity (x): 0.18x
Interest Coverage (x): 15.21x
: 0.77x
Revenue Growth %: 61.01%
Operating Profit Growth %: 2571.03%
Net Profit Growth %: 443.69%
: 0.00%
P/E (x): 0.00x
P/B (x): 0.00x
Dividend Yield %: 0.00%
: 0.00x

Mar 2024

EPS (₹): 0.29
Book Value (₹): 76.29
Dividend per Share (₹): 0.25
Cash EPS (₹): 2.35
Operating Margin %: 7.34%
Net Margin %: 0.75%
ROE %: 0.40%
ROCE %: 2.29%
: 0.27%
Debtor Days: 7
Inventory Days: 58
Payable Days: 115
: -50
Debt to Equity (x): 0.20x
Interest Coverage (x): 1.48x
: 0.49x
Revenue Growth %: -11.77%
Operating Profit Growth %: -54.86%
Net Profit Growth %: -93.73%
: -93.73%
P/E (x): 140.36x
P/B (x): 0.54x
Dividend Yield %: 0.61%
: 13.78x

Mar 2025

EPS (₹): -2.58
Book Value (₹): 72.34
Dividend per Share (₹): 0.00
Cash EPS (₹): -0.16
Operating Margin %: -2.33%
Net Margin %: -6.10%
ROE %: -3.47%
ROCE %: -2.92%
: -2.25%
Debtor Days: 6
Inventory Days: 57
Payable Days: 108
: -46
Debt to Equity (x): 0.26x
Interest Coverage (x): -1.74x
: 0.80x
Revenue Growth %: 7.67%
Operating Profit Growth %: -105.87%
Net Profit Growth %: -978.00%
: -978.02%
P/E (x): 0.00x
P/B (x): 0.32x
Dividend Yield %: 0.00%
: -173.79x

Mar 2026

EPS (₹): -1.36
Book Value (₹): 69.18
Dividend per Share (₹): 0.00
Cash EPS (₹): 1.38
Operating Margin %: -4.22%
Net Margin %: -3.18%
ROE %: -1.92%
ROCE %: -4.28%
: -1.25%
Debtor Days: 7
Inventory Days: 62
Payable Days: 112
: -43
Debt to Equity (x): 0.20x
Interest Coverage (x): -3.21x
: 0.56x
Revenue Growth %: 1.13%
Operating Profit Growth %: -309.65%
Net Profit Growth %: 47.30%
: 47.30%
P/E (x): 0.00x
P/B (x): 0.20x
Dividend Yield %: 0.00%
: -27.99x

Shareholding Pattern

Numbers in percentages

TRADES

	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	38.74	38.74	38.74	38.74	38.74	38.74	38.74	38.74	38.74
	1.00	1.02	0.97	0.85	0.59	0.53	0.51	0.22	0.18
	2.90	2.90	1.66	0.24	0.28	0.29	0.28	0.37	0.28
Government	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	57.31	57.30	58.60	60.13	60.39	60.44	60.47	60.67	60.80

Jun 2024

: 38.74
: 1.00
: 2.90
Government: 0.00
: 57.31

Sep 2024

: 38.74
: 1.02
: 2.90
Government: 0.00
: 57.30

Dec 2024

: 38.74
: 0.97
: 1.66
Government: 0.00
: 58.60

Mar 2025

: 38.74
: 0.85
: 0.24
Government: 0.00
: 60.13

Jun 2025

: 38.74
: 0.59
: 0.28
Government: 0.00
: 60.39

Sep 2025

: 38.74
: 0.53
: 0.29
Government: 0.00
: 60.44

Dec 2025

: 38.74
: 0.51
: 0.28
Government: 0.00
: 60.47

Mar 2026

: 38.74
: 0.22
: 0.37
Government: 0.00
: 60.67

Jun 2026

: 38.74
: 0.18
: 0.28
Government: 0.00
: 60.80

Documents

Announcements

Copy of Newspaper Publication
2026-08-08 - Orient Paper & Industries Limited has informed the Exchange about Copy of Newspaper Publication
General Updates
2026-08-07 - Orient Paper & Industries Limited has informed the Exchange about General Updates

Annual Reports

Credit Ratings

Nothing filed yet.

Concalls

Nothing filed yet.