STAR PAPER MILLS LTD (STARPAPER) financials

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

Incorporated in 1938, Star Paper Mills Ltd manufactures and supplies Paper and Paper Board[1]

Market Cap: ₹260Cr.
Current Price: ₹166
Stock P/E: 8.39
ROE: 3.66%
ROCE: 4.18%
Book Value: ₹454
Dividend Yield: 1.50%
52W High / Low: ₹174/116

In Jun 2026, STAR PAPER MILLS LTD (STARPAPER) reported sales ₹103 Cr and net profit ₹11 Cr.

Annual TTM: sales ₹412 Cr, net profit ₹31 Cr.

Shareholding: Promoters 44.93% (Sep 2026), FIIs 1.62% (Sep 2026), DIIs 0.01% (Sep 2026), Public 53.46% (Sep 2026), No. of Shareholders 15,734% (Sep 2026).

STARPAPER quarterly results (₹ Cr.)
Category	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Sales	111	97	114	101	104	92	113	103
Expenses	102	90	104	95	97	91	108	101
Operating Profit	9	8	10	6	7	1	4	3
OPM %	8%	8%	9%	6%	7%	0.7%	4.0%	2.7%
Other Income	10	4	1	12	6	12	-6	14
Interest	0	0	0	0	0	0	0	0
Depreciation	1	1	2	2	2	2	2	2
Profit before tax	17	11	9	16	11	11	-3	15
Tax %	17%	28%	43%	22%	-20%	22%	-63%	26%
Net Profit	15	8	5	13	13	8	-1	11
EPS in Rs	9.30	4.94	3.21	8.21	8.34	5.27	-0.83	7.05
Raw PDF	—	—	—	—	—	—	—	—

STARPAPER profit and loss (₹ Cr.)
Category	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
Sales	341	233	331	493	444	436	410	412
Expenses	293	212	299	412	387	399	391	397
Operating Profit	48	21	32	80	57	37	18	15
OPM %	14%	9%	10%	16%	13%	8%	4.5%	3.6%
Other Income	7	9	18	9	30	24	24	26
Interest	1	1	0	1	1	1	1	1
Depreciation	5	5	5	5	5	6	7	7
Profit before tax	49	25	44	83	81	53	34	33
Tax %	24%	30%	17%	21%	21%	23%	4%	—
Net Profit	37	18	37	66	64	41	33	31
EPS in Rs	23.88	11.22	23.48	42.07	41.00	26.36	20.98	19.83
Dividend Payout %	10%	22%	15%	12%	10%	13%	-0%	—

STARPAPER balance sheet (₹ Cr.)
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	16	16	16	16	16	16	16	16
Reserves	440	473	486	519	579	632	665	693
Borrowings	1	-0	1	1	0	5	5	4
Other Liabilities	135	142	147	136	134	137	137	125
Total Liabilities	592	630	650	672	728	790	822	838
Fixed Assets	410	412	415	415	414	425	424	420
CWIP	4	7	6	3	3	3	2	4
Investments	81	89	94	113	47	194	203	247
Other Assets	96	122	135	141	265	167	194	167
Total Assets	592	630	650	672	728	790	822	838

STARPAPER cash flows (₹ Cr.)
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from Operating Activity	31	18	29	19	47	26	15	29
Cash from Investing Activity	-28	-4	-25	-13	-41	-9	4	-36
Cash from Financing Activity	-5	-8	-5	-5	-6	-9	-8	-7
Net Cash Flow	-2	5	-2	0	-1	7	12	-13
Free Cash Flow	25	8	22	17	42	15	11	21
CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit	85%	55%	161%	89%	83%	84%	71%	212%

STARPAPER shareholding pattern (%)
Category	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Promoters	44.93%	44.93%	44.93%	44.93%	44.93%	44.93%	44.93%	44.93%
FIIs	1.69%	1.69%	1.71%	1.68%	1.68%	1.68%	1.64%	1.62%
DIIs	0.00%	0.00%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%
Public	53.37%	53.38%	53.35%	53.38%	53.39%	53.39%	53.43%	53.46%
No. of Shareholders	17,204	17,244	17,238	17,294	16,874	16,510	16,183	15,734

STARPAPER key ratios
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	7	4	1	7	2	3	5	6
Inventory Days	131	224	294	189	179	219	225	198
Days Payable	105	124	112	73	57	46	35	34
Cash Conversion Cycle	33	104	182	122	124	176	194	170
Working Capital Days	13	40	42	43	44	63	81	79
ROCE %	12%	10%	5%	9%	17%	13%	8%	4%

STARPAPERUpdated 18 Oct 2026, 19:09

Star Paper Mills Ltd

STARPAPERUpdated 18 Oct 2026, 19:09

Market Cap

₹260Cr.

Current Price

₹166

High / Low

₹174/116

Stock P/E

8.39

ROE3.66%

ROCE4.18%

Book Value₹454

Face Value₹10.0

Dividend Yield1.50%

About

Incorporated in 1938, Star Paper Mills Ltd manufactures and supplies Paper and Paper Board[1]

Quarterly results

Last reported quarters₹ Cr.

Quarter	Sales	Expenses	Other Income	Depreciation	Profit Before Tax	Tax	Net Profit	EPS (₹)
Jun 2023	124	101	4	1	25	21	20	12.65
Sep 2023	106	90	8	1	22	32	15	9.73
Dec 2023	115	101	7	1	19	24	15	9.46
Mar 2024	100	95	11	1	14	0	14	9.17
Jun 2024	114	104	8	1	16	16	14	8.91
Sep 2024	111	102	10	1	17	17	15	9.3
Dec 2024	97	90	4	1	11	28	8	4.94
Mar 2025	114	104	1	2	9	43	5	3.21
Jun 2025	101	95	12	2	16	22	13	8.21
Sep 2025	104	97	6	2	11	-20	13	8.34
Dec 2025	92	91	12	2	11	22	8	5.27
Mar 2026	113	108	-6	2	-3	-63	-1	-0.83
Jun 2026	103	101	14	2	15	26	11	7.05

Profit & loss

Annual statement₹ Cr.

Year	Sales	Interest	Expenses	Other Income	Depreciation	Profit Before Tax	Tax	Net Profit	EPS (₹)
Mar 2015	271	3	256	1	5	8	-107	16	9.96
Mar 2016	272	3	246	1	4	21	20	16	10.57
Mar 2017	324	1	253	2	4	68	11	60	38.67
Mar 2018	347	1	274	5	4	72	25	54	34.76
Mar 2019	378	1	328	7	4	52	-3	53	34.08
Mar 2020	341	1	293	7	5	49	24	37	23.88
Mar 2021	233	1	212	9	5	25	30	18	11.22
Mar 2022	331	0	299	18	5	44	17	37	23.48
Mar 2023	493	1	412	9	5	83	21	66	42.07
Mar 2024	444	1	387	30	5	81	21	64	41
Mar 2025	436	1	399	24	6	53	23	41	26.36
Mar 2026	410	1	391	24	7	34	4	33	20.98
TTM	412	1	397	26	7	33	—	31	19.83

Shareholding pattern

As of Sep 2026%

Holder	Share
Promoters	44.93%
FIIs	1.62%
DIIs	0.01%
Public	53.46%

Shareholding trend

Ownership over time%

Quarter	Promoters	FIIs	DIIs	Public
Dec 2023	44.93%	1.7%	0%	53.37%
Mar 2024	44.93%	1.7%	0%	53.37%
Jun 2024	44.93%	1.71%	0%	53.37%
Sep 2024	44.93%	1.76%	0%	53.31%
Dec 2024	44.93%	1.69%	0%	53.37%
Mar 2025	44.93%	1.69%	0%	53.38%
Jun 2025	44.93%	1.71%	0.01%	53.35%
Sep 2025	44.93%	1.68%	0.01%	53.38%
Dec 2025	44.93%	1.68%	0.01%	53.39%
Mar 2026	44.93%	1.68%	0.01%	53.39%
Jun 2026	44.93%	1.64%	0.01%	53.43%
Sep 2026	44.93%	1.62%	0.01%	53.46%

Balance sheet

Assets & liabilities₹ Cr.

Period	Equity Capital	Reserves	Borrowings	Other Liabilities	Total Liabilities	Fixed Assets	CWIP	Investments	Other Assets	Total Assets
Mar 2015	16	31	14	109	170	86	1	32	51	170
Mar 2016	16	48	7	106	176	85	1	32	58	176
Mar 2017	16	337	4	157	514	404	2	46	61	514
Mar 2018	16	390	2	154	562	405	7	78	71	562
Mar 2019	16	440	1	135	592	410	4	81	96	592
Mar 2020	16	473	0	142	630	412	7	89	122	630
Mar 2021	16	486	1	147	650	415	6	94	135	650
Mar 2022	16	519	1	136	672	415	3	113	141	672
Mar 2023	16	579	0	134	728	414	3	47	265	728
Mar 2024	16	632	5	137	790	425	3	194	167	790
Mar 2025	16	665	5	137	822	424	2	203	194	822
Mar 2026	16	693	4	125	838	420	4	247	167	838

Cash flows

Operating, investing & financing₹ Cr.

Period	Operating	Investing	Financing	Net cash flow
Mar 2015	15	0	-10	5
Mar 2016	12	-3	-10	-1
Mar 2017	39	-35	-3	1
Mar 2018	36	-31	-7	-2
Mar 2019	31	-28	-5	-2
Mar 2020	18	-4	-8	5
Mar 2021	29	-25	-5	-2
Mar 2022	19	-13	-5	0
Mar 2023	47	-41	-6	-1
Mar 2024	26	-9	-9	7
Mar 2025	15	4	-8	12
Mar 2026	29	-36	-7	-13

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	9	14	8	8	7	4	1	7	2	3	5	6
Inventory Days	70	90	113	144	131	224	294	189	179	219	225	198
Days Payable	211	205	148	136	105	124	112	73	57	46	35	34
Cash Conversion Cycle	-133	-102	-27	16	33	104	182	122	124	176	194	170
Working Capital Days	-82	-52	-19	-2	13	40	42	43	44	63	81	79
ROCE %	19%	36%	32%	19%	12%	10%	5%	9%	17%	13%	8%	4%

Frequently asked questions

Quick answers about this company's financials on Fincrux

What is the market cap of STAR PAPER MILLS LTD (STARPAPER)?

The reported market capitalisation for STAR PAPER MILLS LTD (STARPAPER) is ₹260Cr. on Fincrux. Figures may update with market data and filings.

What is the current share price of STARPAPER?

The current price shown for STAR PAPER MILLS LTD (STARPAPER) on Fincrux is ₹166 with a 52-week high/low of ₹174/116.

What is the P/E ratio of STAR PAPER MILLS LTD (STARPAPER)?

The stock P/E for STAR PAPER MILLS LTD (STARPAPER) is 8.39 on Fincrux, with ROE at 3.66% and ROCE at 4.18%.

What were STARPAPER latest quarterly results?

For Jun 2026, STAR PAPER MILLS LTD (STARPAPER) reported sales ₹103 Cr and net profit ₹11 Cr (figures in ₹ crore unless noted).

What are STARPAPER annual sales and net profit?

For TTM, STAR PAPER MILLS LTD (STARPAPER) shows sales of ₹412 Cr and net profit of ₹31 Cr on the Fincrux profit & loss statement.

Who owns STAR PAPER MILLS LTD (STARPAPER)?

Latest shareholding for STAR PAPER MILLS LTD (STARPAPER) on Fincrux: Promoters 44.93% (Sep 2026), FIIs 1.62% (Sep 2026), DIIs 0.01% (Sep 2026), Public 53.46% (Sep 2026), No. of Shareholders 15,734% (Sep 2026).

Where can I find STAR PAPER MILLS LTD (STARPAPER) financials?

STAR PAPER MILLS LTD (STARPAPER) 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 STARPAPER balance sheet and cash flow?

Yes. The STAR PAPER MILLS LTD (STARPAPER) 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 18 October 2026 at 19:09