N R AGARWAL INDS LTD (NRAIL) financials

N R AGARWAL INDS LTD (NRAIL) NSE/BSE financials on Fincrux: quarterly results, profit and loss, cash flow, balance sheet, ratios, and shareholding.

Incorporated in 1993, N. R. Agarwal Industries Ltd manufacturers recycled paper and grey back & white back Duplex Boards[1]

Market Cap: ₹1,131Cr.
Current Price: ₹665
Stock P/E: 17.1
ROE: 6.04%
ROCE: 8.49%
Book Value: ₹479
Dividend Yield: 0.28%
52W High / Low: ₹834/361

In Jun 2026, N R AGARWAL INDS LTD (NRAIL) reported sales ₹647 Cr and net profit ₹35 Cr.

Annual TTM: sales ₹2,340 Cr, net profit ₹62 Cr.

Shareholding: Promoters 74.28% (Sep 2026), FIIs 0.34% (Sep 2026), DIIs 0.07% (Sep 2026), Public 25.32% (Sep 2026), No. of Shareholders 8,271% (Sep 2026).

NRAIL quarterly results (₹ Cr.)
Category	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Sales	428	418	466	452	525	563	605	647
Expenses	401	389	438	436	481	506	549	573
Operating Profit	27	29	28	17	44	57	57	74
OPM %	6%	7%	6%	3.6%	8%	10%	9%	11%
Other Income	9	14	1	26	-10	2	0	6
Interest	16	16	16	16	17	16	16	16
Depreciation	16	17	16	17	17	17	18	18
Profit before tax	4	9	-3	10	-0	26	24	46
Tax %	-102%	-37%	104%	-69%	359%	45%	41%	24%
Net Profit	8	13	-7	17	-1	14	14	35
EPS in Rs	4.90	7.48	-4.01	9.72	-0.86	8.48	8.34	20.55
Raw PDF	—	—	—	—	—	—	—	—

NRAIL profit and loss (₹ Cr.)
Category	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
Sales	1,405	1,146	1,617	1,766	1,293	1,659	2,145	2,340
Expenses	1,189	1,013	1,473	1,580	1,113	1,547	1,971	2,108
Operating Profit	216	133	144	186	181	112	175	232
OPM %	15%	12%	9%	11%	14%	7%	8%	10%
Other Income	12	8	10	11	5	31	18	-2
Interest	36	30	25	14	11	61	64	65
Depreciation	32	33	34	36	37	66	69	70
Profit before tax	161	78	95	148	138	16	60	96
Tax %	27%	26%	36%	33%	9%	-11%	27%	—
Net Profit	117	57	61	99	125	18	44	62
EPS in Rs	68.60	33.63	35.85	58.35	73.72	10.37	25.68	36.51
Dividend Payout %	0%	3%	0%	0%	3%	39%	0%	—

NRAIL balance sheet (₹ Cr.)
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	17	17	17	17	17	17	17	17
Reserves	295	402	459	519	619	743	758	798
Borrowings	297	202	195	175	164	579	644	821
Other Liabilities	196	245	261	290	245	227	351	396
Total Liabilities	805	865	933	1,001	1,045	1,567	1,770	2,031
Fixed Assets	526	572	584	501	483	1,135	1,197	1,221
CWIP	21	20	29	28	122	29	20	227
Investments	0	0	0	0	1	21	101	13
Other Assets	257	273	320	471	439	381	452	571
Total Assets	805	865	933	1,001	1,045	1,567	1,770	2,031

NRAIL cash flows (₹ Cr.)
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from Operating Activity	112	191	116	96	129	135	176	95
Cash from Investing Activity	-85	-52	-48	-41	-96	-548	-175	-188
Cash from Financing Activity	-29	-139	-67	-55	-25	405	-1	96
Net Cash Flow	-2	-0	2	-0	8	-8	0	3
Free Cash Flow	25	136	66	54	29	-392	66	-196
CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit	77%	101%	97%	77%	86%	84%	159%	53%

NRAIL shareholding pattern (%)
Category	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Promoters	73.97%	73.97%	73.97%	74.11%	74.11%	74.28%	74.28%	74.28%
FIIs	0.41%	0.39%	0.40%	0.39%	0.41%	0.39%	0.34%	0.34%
DIIs	0.16%	0.11%	0.03%	0.03%	0.03%	0.02%	0.01%	0.07%
Public	25.45%	25.52%	25.60%	25.46%	25.44%	25.29%	25.37%	25.32%
No. of Shareholders	9,679	9,710	9,282	8,683	8,233	7,886	7,633	8,271

NRAIL key ratios
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	33	31	39	38	29	25	41	42
Inventory Days	50	47	79	56	44	86	61	66
Days Payable	31	39	77	56	32	32	84	64
Cash Conversion Cycle	51	39	42	38	40	79	18	44
Working Capital Days	5	15	1	8	29	26	12	10
ROCE %	30%	32%	17%	17%	22%	14%	6%	8%

NRAILUpdated 21 Oct 2026, 11:32

N R Agarwal Inds Ltd

NRAILUpdated 21 Oct 2026, 11:32

Market Cap

₹1,131Cr.

Current Price

₹665

High / Low

₹834/361

Stock P/E

17.1

ROE6.04%

ROCE8.49%

Book Value₹479

Face Value₹10.0

Dividend Yield0.28%

About

Incorporated in 1993, N. R. Agarwal Industries Ltd manufacturers recycled paper and grey back & white back Duplex Boards[1]

Quarterly results

Last reported quarters₹ Cr.

Quarter	Sales	Interest	Expenses	Other Income	Depreciation	Profit Before Tax	Tax	Net Profit	EPS (₹)
Jun 2023	369	2	322	3	9	39	-5	41	23.83
Sep 2023	342	1	294	2	9	39	3	38	22.22
Dec 2023	336	2	288	2	9	39	19	31	18.47
Mar 2024	247	5	213	3	10	21	25	16	9.2
Jun 2024	347	13	319	7	16	6	42	3	2
Sep 2024	428	16	401	9	16	4	-102	8	4.9
Dec 2024	418	16	389	14	17	9	-37	13	7.48
Mar 2025	466	16	438	1	16	-3	104	-7	-4.01
Jun 2025	452	16	436	26	17	10	-69	17	9.72
Sep 2025	525	17	481	-10	17	0	359	-1	-0.86
Dec 2025	563	16	506	2	17	26	45	14	8.48
Mar 2026	605	16	549	0	18	24	41	14	8.34
Jun 2026	647	16	573	6	18	46	24	35	20.55

Profit & loss

Annual statement₹ Cr.

Year	Sales	Interest	Expenses	Other Income	Depreciation	Profit Before Tax	Tax	Net Profit	EPS (₹)
Mar 2015	725	36	695	6	18	-17	95	-33	-19.64
Mar 2016	883	46	818	8	23	4	-335	18	10.48
Mar 2017	1044	43	905	6	24	78	36	50	29.22
Mar 2018	1190	40	1033	6	26	97	7	90	53.02
Mar 2019	1318	35	1133	7	27	131	28	95	55.61
Mar 2020	1405	36	1189	12	32	161	27	117	68.6
Mar 2021	1146	30	1013	8	33	78	26	57	33.63
Mar 2022	1617	25	1473	10	34	95	36	61	35.85
Mar 2023	1766	14	1580	11	36	148	33	99	58.35
Mar 2024	1293	11	1113	5	37	138	9	125	73.72
Mar 2025	1659	61	1547	31	66	16	-11	18	10.37
Mar 2026	2145	64	1971	18	69	60	27	44	25.68
TTM	2340	65	2108	-2	70	96	—	62	36.51

Shareholding pattern

As of Sep 2026%

Holder	Share
Promoters	74.28%
FIIs	0.34%
DIIs	0.07%
Public	25.32%

Shareholding trend

Ownership over time%

Quarter	Promoters	FIIs	DIIs	Public
Dec 2023	73.97%	0.39%	0.01%	25.64%
Mar 2024	73.97%	0.41%	0.01%	25.62%
Jun 2024	73.97%	0.46%	0.01%	25.56%
Sep 2024	73.97%	0.44%	0.01%	25.59%
Dec 2024	73.97%	0.41%	0.16%	25.45%
Mar 2025	73.97%	0.39%	0.11%	25.52%
Jun 2025	73.97%	0.4%	0.03%	25.6%
Sep 2025	74.11%	0.39%	0.03%	25.46%
Dec 2025	74.11%	0.41%	0.03%	25.44%
Mar 2026	74.28%	0.39%	0.02%	25.29%
Jun 2026	74.28%	0.34%	0.01%	25.37%
Sep 2026	74.28%	0.34%	0.07%	25.32%

Balance sheet

Assets & liabilities₹ Cr.

Period	Equity Capital	Reserves	Borrowings	Other Liabilities	Total Liabilities	Fixed Assets	CWIP	Investments	Other Assets	Total Assets
Mar 2015	17	59	365	222	663	458	4	0	200	663
Mar 2016	17	77	347	226	667	447	24	0	195	667
Mar 2017	17	116	300	226	659	436	25	1	197	659
Mar 2018	17	202	289	195	703	464	21	0	218	703
Mar 2019	17	295	297	196	805	526	21	0	257	805
Mar 2020	17	402	202	245	865	572	20	0	273	865
Mar 2021	17	459	195	261	933	584	29	0	320	933
Mar 2022	17	519	175	290	1001	501	28	0	471	1001
Mar 2023	17	619	164	245	1045	483	122	1	439	1045
Mar 2024	17	743	579	227	1567	1135	29	21	381	1567
Mar 2025	17	758	644	351	1770	1197	20	101	452	1770
Mar 2026	17	798	821	396	2031	1221	227	13	571	2031

Cash flows

Operating, investing & financing₹ Cr.

Period	Operating	Investing	Financing	Net cash flow
Mar 2015	63	-63	6	7
Mar 2016	38	-31	-11	-5
Mar 2017	91	-14	-78	-1
Mar 2018	104	-47	-55	3
Mar 2019	112	-85	-29	-2
Mar 2020	191	-52	-139	0
Mar 2021	116	-48	-67	2
Mar 2022	96	-41	-55	0
Mar 2023	129	-96	-25	8
Mar 2024	135	-548	405	-8
Mar 2025	176	-175	-1	0
Mar 2026	95	-188	96	3

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	42	33	33	34	33	31	39	38	29	25	41	42
Inventory Days	49	44	37	36	50	47	79	56	44	86	61	66
Days Payable	90	53	33	23	31	39	77	56	32	32	84	64
Cash Conversion Cycle	1	24	37	47	51	39	42	38	40	79	18	44
Working Capital Days	-46	-22	-3	-1	5	15	1	8	29	26	12	10
ROCE %	4%	11%	28%	29%	30%	32%	17%	17%	22%	14%	6%	8%

Frequently asked questions

Quick answers about this company's financials on Fincrux

What is the market cap of N R AGARWAL INDS LTD (NRAIL)?

The reported market capitalisation for N R AGARWAL INDS LTD (NRAIL) is ₹1,131Cr. on Fincrux. Figures may update with market data and filings.

What is the current share price of NRAIL?

The current price shown for N R AGARWAL INDS LTD (NRAIL) on Fincrux is ₹665 with a 52-week high/low of ₹834/361.

What is the P/E ratio of N R AGARWAL INDS LTD (NRAIL)?

The stock P/E for N R AGARWAL INDS LTD (NRAIL) is 17.1 on Fincrux, with ROE at 6.04% and ROCE at 8.49%.

What were NRAIL latest quarterly results?

For Jun 2026, N R AGARWAL INDS LTD (NRAIL) reported sales ₹647 Cr and net profit ₹35 Cr (figures in ₹ crore unless noted).

What are NRAIL annual sales and net profit?

For TTM, N R AGARWAL INDS LTD (NRAIL) shows sales of ₹2,340 Cr and net profit of ₹62 Cr on the Fincrux profit & loss statement.

Who owns N R AGARWAL INDS LTD (NRAIL)?

Latest shareholding for N R AGARWAL INDS LTD (NRAIL) on Fincrux: Promoters 74.28% (Sep 2026), FIIs 0.34% (Sep 2026), DIIs 0.07% (Sep 2026), Public 25.32% (Sep 2026), No. of Shareholders 8,271% (Sep 2026).

Where can I find N R AGARWAL INDS LTD (NRAIL) financials?

N R AGARWAL INDS LTD (NRAIL) 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 NRAIL balance sheet and cash flow?

Yes. The N R AGARWAL INDS LTD (NRAIL) 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 21 October 2026 at 11:32