EMAMI PAPER MILLS LIMITED (EMAMIPAP) financials

EMAMI PAPER MILLS LIMITED (EMAMIPAP) NSE/BSE financials on Fincrux: quarterly results, profit and loss, cash flow, balance sheet, ratios, and shareholding.

Incorporated in 1981, Emami Paper Mills Ltd manufactures writing and printing paper, newsprint, and also packaging boards[1]

Market Cap: ₹735Cr.
Current Price: ₹121
Stock P/E: 7.78
ROE: 12.4%
ROCE: 11.4%
Book Value: ₹81.9
Dividend Yield: 2.63%
52W High / Low: ₹134/55.0

In Jun 2026, EMAMI PAPER MILLS LIMITED (EMAMIPAP) reported sales ₹560 Cr and net profit ₹39 Cr.

Annual TTM: sales ₹2,008 Cr, net profit ₹94 Cr.

Shareholding: Promoters 74.97% (Sep 2026), FIIs 0.52% (Sep 2026), DIIs 0.00% (Sep 2026), Public 24.51% (Sep 2026), No. of Shareholders 19,036% (Sep 2026).

EMAMIPAP quarterly results (₹ Cr.)
Category	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Sales	495	454	475	460	451	500	496	560
Expenses	458	424	444	422	414	440	434	477
Operating Profit	37	30	31	38	36	60	62	83
OPM %	8%	7%	7%	8%	8%	12%	13%	15%
Other Income	1	1	2	2	5	-2	15	0
Interest	15	17	16	17	17	18	16	17
Depreciation	13	13	13	13	14	14	14	13
Profit before tax	10	2	4	9	10	26	47	53
Tax %	25%	5%	2%	33%	35%	36%	34%	28%
Net Profit	8	2	4	6	7	17	32	39
EPS in Rs	1.25	0.28	0.65	1.04	1.09	2.81	5.21	6.38
Raw PDF	—	—	—	—	—	—	—	—

EMAMIPAP profit and loss (₹ Cr.)
Category	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
Sales	1,515	1,216	1,958	2,381	1,994	1,928	1,907	2,008
Expenses	1,307	1,038	1,644	2,159	1,758	1,786	1,711	1,766
Operating Profit	209	178	314	222	236	142	196	241
OPM %	14%	15%	16%	9%	12%	7%	10%	12%
Other Income	-23	92	-4	2	3	4	20	18
Interest	117	95	83	63	67	61	68	68
Depreciation	73	72	74	68	60	52	55	55
Profit before tax	-5	103	153	93	112	33	93	137
Tax %	131%	50%	25%	26%	25%	22%	34%	—
Net Profit	-10	51	115	69	84	26	61	94
EPS in Rs	-1.73	8.44	18.98	11.43	13.93	4.30	10.15	15.49
Dividend Payout %	0%	0%	8%	14%	11%	37%	32%	—

EMAMIPAP balance sheet (₹ Cr.)
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	12	12	12	12	12	12	12	12
Reserves	246	207	284	397	443	518	499	484
Borrowings	1,548	1,401	1,151	1,029	1,102	850	936	897
Other Liabilities	305	298	341	340	419	334	361	430
Total Liabilities	2,111	1,918	1,788	1,779	1,976	1,714	1,808	1,822
Fixed Assets	1,297	1,298	1,225	1,161	1,148	1,085	1,059	1,031
CWIP	103	1	0	31	4	10	4	5
Investments	44	24	54	49	39	45	59	39
Other Assets	667	595	509	538	785	574	686	748
Total Assets	2,111	1,918	1,788	1,779	1,976	1,714	1,808	1,822

EMAMIPAP cash flows (₹ Cr.)
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from Operating Activity	275	313	246	329	32	351	44	197
Cash from Investing Activity	-157	31	-7	-34	-24	-10	-17	-26
Cash from Financing Activity	-123	-335	-246	-307	-9	-336	-32	-172
Net Cash Flow	-4	10	-7	-12	-0	5	-5	0
Free Cash Flow	118	274	238	294	8	340	26	168
CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit	121%	151%	137%	105%	23%	153%	36%	107%

EMAMIPAP shareholding pattern (%)
Category	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Promoters	74.98%	74.98%	74.98%	74.97%	74.97%	74.97%	74.97%	74.97%
FIIs	0.56%	0.55%	0.54%	0.53%	0.53%	0.53%	0.54%	0.52%
DIIs	0.00%	0.00%	0.00%	0.04%	0.07%	0.06%	0.00%	0.00%
Public	24.48%	24.47%	24.48%	24.45%	24.42%	24.44%	24.49%	24.51%
No. of Shareholders	21,275	21,138	20,916	20,191	19,650	19,283	19,122	19,036

EMAMIPAP key ratios
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	50	50	60	41	40	48	45	52
Inventory Days	133	111	108	67	91	69	103	114
Days Payable	75	76	88	47	46	33	42	58
Cash Conversion Cycle	107	86	80	61	84	84	106	109
Working Capital Days	-56	-68	-77	-20	-10	1	4	13
ROCE %	10%	8%	8%	17%	10%	12%	7%	11%

EMAMIPAPUpdated 19 Oct 2026, 0:54

Emami Paper Mills Limited

EMAMIPAPUpdated 19 Oct 2026, 0:54

Market Cap

₹735Cr.

Current Price

₹121

High / Low

₹134/55.0

Stock P/E

7.78

ROE12.4%

ROCE11.4%

Book Value₹81.9

Face Value₹2.00

Dividend Yield2.63%

About

Incorporated in 1981, Emami Paper Mills Ltd manufactures writing and printing paper, newsprint, and also packaging boards[1]

Quarterly results

Last reported quarters₹ Cr.

Quarter	Sales	Interest	Expenses	Other Income	Depreciation	Profit Before Tax	Tax	Net Profit	EPS (₹)
Jun 2023	539	20	504	0	14	2	25	1	0.22
Sep 2023	437	17	385	0	12	22	26	16	2.71
Dec 2023	515	16	434	1	13	53	25	39	6.51
Mar 2024	484	16	414	2	21	35	23	27	4.49
Jun 2024	504	14	460	1	13	17	27	13	2.12
Sep 2024	495	15	458	1	13	10	25	8	1.25
Dec 2024	454	17	424	1	13	2	5	2	0.28
Mar 2025	475	16	444	2	13	4	2	4	0.65
Jun 2025	460	17	422	2	13	9	33	6	1.04
Sep 2025	451	17	414	5	14	10	35	7	1.09
Dec 2025	500	18	440	-2	14	26	36	17	2.81
Mar 2026	496	16	434	15	14	47	34	32	5.21
Jun 2026	560	17	477	0	13	53	28	39	6.38

Profit & loss

Annual statement₹ Cr.

Year	Sales	Interest	Expenses	Other Income	Depreciation	Profit Before Tax	Tax	Net Profit	EPS (₹)
Mar 2015	521	15	470	8	27	17	30	12	2.01
Mar 2016	539	16	491	6	27	11	-158	28	4.61
Mar 2017	1140	70	1012	24	56	26	27	19	3.15
Mar 2018	1356	84	1195	11	64	24	32	16	2.71
Mar 2019	1538	107	1300	4	69	66	34	44	7.27
Mar 2020	1515	117	1307	-23	73	-5	131	-10	-1.73
Mar 2021	1216	95	1038	92	72	103	50	51	8.44
Mar 2022	1958	83	1644	-4	74	153	25	115	18.98
Mar 2023	2381	63	2159	2	68	93	26	69	11.43
Mar 2024	1994	67	1758	3	60	112	25	84	13.93
Mar 2025	1928	61	1786	4	52	33	22	26	4.3
Mar 2026	1907	68	1711	20	55	93	34	61	10.15
TTM	2008	68	1766	18	55	137	—	94	15.49

Shareholding pattern

As of Sep 2026%

Holder	Share
Promoters	74.97%
FIIs	0.52%
Public	24.51%

Shareholding trend

Ownership over time%

Quarter	Promoters	FIIs	DIIs	Government	Public
Dec 2023	74.98%	0.5%	3.81%	—	20.71%
Mar 2024	74.98%	0.5%	3.01%	—	21.51%
Jun 2024	74.98%	0.5%	1.03%	—	23.49%
Sep 2024	74.98%	0.57%	0.58%	—	23.88%
Dec 2024	74.98%	0.56%	0%	—	24.48%
Mar 2025	74.98%	0.55%	0%	—	24.47%
Jun 2025	74.98%	0.54%	0%	—	24.48%
Sep 2025	74.97%	0.53%	0.04%	—	24.45%
Dec 2025	74.97%	0.53%	0.07%	—	24.42%
Mar 2026	74.97%	0.53%	0.06%	—	24.44%
Jun 2026	74.97%	0.54%	0%	—	24.49%
Sep 2026	74.97%	0.52%	0%	—	24.51%

Balance sheet

Assets & liabilities₹ Cr.

Period	Equity Capital	Reserves	Borrowings	Other Liabilities	Total Liabilities	Fixed Assets	CWIP	Investments	Other Assets	Total Assets
Mar 2015	12	359	897	142	1409	448	620	1	341	1409
Mar 2016	12	376	1135	134	1658	1195	5	1	458	1658
Mar 2017	12	222	1392	186	1812	1220	5	56	532	1812
Mar 2018	12	231	1530	191	1964	1282	9	56	618	1964
Mar 2019	12	246	1548	305	2111	1297	103	44	667	2111
Mar 2020	12	207	1401	298	1918	1298	1	24	595	1918
Mar 2021	12	284	1151	341	1788	1225	0	54	509	1788
Mar 2022	12	397	1029	340	1779	1161	31	49	538	1779
Mar 2023	12	443	1102	419	1976	1148	4	39	785	1976
Mar 2024	12	518	850	334	1714	1085	10	45	574	1714
Mar 2025	12	499	936	361	1808	1059	4	59	686	1808
Mar 2026	12	484	897	430	1822	1031	5	39	748	1822

Cash flows

Operating, investing & financing₹ Cr.

Period	Operating	Investing	Financing	Net cash flow
Mar 2015	38	-419	307	-74
Mar 2016	-80	-102	167	-14
Mar 2017	-15	-60	30	-45
Mar 2018	69	-124	39	-16
Mar 2019	275	-157	-123	-4
Mar 2020	313	31	-335	10
Mar 2021	246	-7	-246	-7
Mar 2022	329	-34	-307	-12
Mar 2023	32	-24	-9	0
Mar 2024	351	-10	-336	5
Mar 2025	44	-17	-32	-5
Mar 2026	197	-26	-172	0

Key ratios

Historical financial ratios

Category	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	31	70	48	60	50	50	60	41	40	48	45	52
Inventory Days	136	192	117	111	133	111	108	67	91	69	103	114
Days Payable	83	84	42	36	75	76	88	47	46	33	42	58
Cash Conversion Cycle	84	178	123	135	107	86	80	61	84	84	106	109
Working Capital Days	-53	-93	-38	-29	-56	-68	-77	-20	-10	1	4	13
ROCE %	2%	2%	6%	6%	10%	8%	8%	17%	10%	12%	7%	11%

Frequently asked questions

Quick answers about this company's financials on Fincrux

What is the market cap of EMAMI PAPER MILLS LIMITED (EMAMIPAP)?

The reported market capitalisation for EMAMI PAPER MILLS LIMITED (EMAMIPAP) is ₹735Cr. on Fincrux. Figures may update with market data and filings.

What is the current share price of EMAMIPAP?

The current price shown for EMAMI PAPER MILLS LIMITED (EMAMIPAP) on Fincrux is ₹121 with a 52-week high/low of ₹134/55.0.

What is the P/E ratio of EMAMI PAPER MILLS LIMITED (EMAMIPAP)?

The stock P/E for EMAMI PAPER MILLS LIMITED (EMAMIPAP) is 7.78 on Fincrux, with ROE at 12.4% and ROCE at 11.4%.

What were EMAMIPAP latest quarterly results?

For Jun 2026, EMAMI PAPER MILLS LIMITED (EMAMIPAP) reported sales ₹560 Cr and net profit ₹39 Cr (figures in ₹ crore unless noted).

What are EMAMIPAP annual sales and net profit?

For TTM, EMAMI PAPER MILLS LIMITED (EMAMIPAP) shows sales of ₹2,008 Cr and net profit of ₹94 Cr on the Fincrux profit & loss statement.

Who owns EMAMI PAPER MILLS LIMITED (EMAMIPAP)?

Latest shareholding for EMAMI PAPER MILLS LIMITED (EMAMIPAP) on Fincrux: Promoters 74.97% (Sep 2026), FIIs 0.52% (Sep 2026), DIIs 0.00% (Sep 2026), Public 24.51% (Sep 2026), No. of Shareholders 19,036% (Sep 2026).

Where can I find EMAMI PAPER MILLS LIMITED (EMAMIPAP) financials?

EMAMI PAPER MILLS LIMITED (EMAMIPAP) financials on Fincrux include quarterly results, profit and loss, cash flow, balance sheet, key ratios, and shareholding patterns for NSE/BSE research.

Does Fincrux show EMAMIPAP balance sheet and cash flow?

Yes. The EMAMI PAPER MILLS LIMITED (EMAMIPAP) page on Fincrux includes balance sheet, cash flow statements, historical ratios, and ownership trends alongside quarterly and annual results.

Figures in ₹ crore unless noted. Data sourced for research and may lag filings.

Last updated 19 October 2026 at 0:54