₹30.23
▼ -0.42 -1.37%
17 Jul 2026
NSE Listed
Malu Paper Mills Limited (MALUPAPER)
Volume: 6,637Avg Vol 1W: 8,834Avg Vol 1M: 7,22052W Range:₹27₹45.57
Key Ratios
Checked 2h agoMarket Cap₹52 Cr
Current Price₹30.23
Previous Close₹30.65
High / Low (52w)₹45.57 / ₹27
Volume6,637
Avg Vol (1W)8,834
Avg Vol (1M)7,220
Stock P/E—
Book Value₹-14.94
Dividend Yield0%
ROE76.62%
ROA-10.79%
Revenue (TTM)₹278 Cr
Revenue Growth—
Profit Margin-5.86%
Total Debt₹8 Cr
Shares Outstanding2 Cr
Face Value₹10
EPS (TTM)₹0
P/B0
Debt / Equity256.36
50 DMA₹31.65
200 DMA₹33.75
Day change-1.37%
Price Chart
₹30.23▼ 25.78% · 1Y
2025-07-172026-07-16
20-day avg volume: 7K shares
Pros
- Healthy return on equity of 76.6%.
- Revenue grew 33% YoY.
Cons
- Negative book value per share.
- High debt relative to equity.
Quarterly Results
| Metric | Jun 2024 | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₹58 Cr | ₹65 Cr | ₹63 Cr | ₹93 Cr | ₹94 Cr | ₹56 Cr | ₹77 Cr | ₹106 Cr |
| EBITDA | ₹0 Cr | ₹-2 Cr | ₹-2 Cr | ₹-1 Cr | ₹-6 Cr | ₹-5 Cr | ₹-4 Cr | ₹3 Cr |
| Net Profit | ₹-2 Cr | ₹-4 Cr | ₹-4 Cr | ₹-3 Cr | ₹-6 Cr | ₹-6 Cr | ₹-5 Cr | ₹-3 Cr |
| EPS | — | — | — | — | — | — | — | — |
Profit & Loss (Annual)
| Metric | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₹280 Cr | ₹276 Cr | ₹227 Cr | ₹171 Cr | ₹213 Cr | ₹235 Cr | ₹275 Cr | ₹278 Cr |
| EBITDA | ₹14 Cr | ₹20 Cr | ₹9 Cr | ₹2 Cr | ₹0 Cr | ₹-5 Cr | ₹12 Cr | ₹-6 Cr |
| Net Profit | ₹1 Cr | ₹7 Cr | ₹1 Cr | ₹-6 Cr | ₹-6 Cr | ₹-10 Cr | ₹1 Cr | ₹-12 Cr |
| EPS | 0.86 | 4.35 | 0.39 | -3.44 | -3.61 | -6.13 | 0.54 | -7.11 |
Balance Sheet
| Metric | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | ₹159 Cr | ₹140 Cr | ₹140 Cr | ₹151 Cr | ₹155 Cr | ₹151 Cr | ₹167 Cr | ₹172 Cr |
| Total Liabilities | ₹134 Cr | ₹109 Cr | ₹109 Cr | ₹127 Cr | ₹138 Cr | ₹145 Cr | ₹161 Cr | ₹178 Cr |
| Equity | ₹25 Cr | ₹31 Cr | ₹31 Cr | ₹24 Cr | ₹17 Cr | ₹6 Cr | ₹7 Cr | ₹-6 Cr |
| Total Debt | — | — | — | — | — | — | — | — |
Cash Flow
| Metric | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|
| Operating | ₹4 Cr | ₹-2 Cr | ₹-9 Cr | ₹9 Cr | ₹4 Cr |
| Investing | ₹-1 Cr | ₹0 Cr | ₹-1 Cr | ₹-8 Cr | ₹-3 Cr |
| Financing | ₹-2 Cr | ₹2 Cr | ₹11 Cr | ₹-2 Cr | ₹-1 Cr |
| Free Cash Flow | ₹4 Cr | ₹-2 Cr | ₹-9 Cr | ₹9 Cr | ₹4 Cr |
Shareholding
Promoter 69.8% Institutions 0% Public 30.2%
Efficiency & Working Capital
ROCE-9.3%
Interest Coverage-0.5
Dividend Payout—
Debtor Days45 d
Inventory Days61 d
Payable Days38 d
Cash Conversion Cycle69 d
Working Capital Days107 d
Shareholding Details
As of 2026-06-30
Promoter69.8%
FII0%
DII0%
Institutions0%
Public30.2%
Promoter Pledge0%
No. of Shareholders9,253
Shareholding Pattern
Quarterly — figures in %. Latest 12 quarters.
| Period | Sept 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 69.9% | 69.9% | 69.9% | 69.9% | 69.8% | 69.8% | 69.8% | 69.8% | 69.8% | 69.8% | 69.8% | 69.8% |
| FIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| DIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 30.1% | 30.1% | 30.1% | 30.1% | 30.2% | 30.2% | 30.2% | 30.2% | 30.2% | 30.2% | 30.2% | 30.2% |
| Promoter Pledge | 72.9% | 72.9% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| No. of Shareholders | 8,021 | 8,184 | 9,519 | 9,330 | 9,946 | 10,214 | 9,893 | 10,023 | 9,796 | 9,765 | 9,454 | 9,253 |
Returns History (ROE / ROCE / ROA)
| Period | ROE | ROCE | ROA | P/E |
|---|---|---|---|---|
| 202503 | — | — | — | — |
Major Shareholders (>1%)
| Name | Category | Stake | Shares |
|---|---|---|---|
| Frontline Commercial Pvt. Ltd. | Shareholding of Promoter and Promoter Group | 8.9% | 15,14,102 |
| Kaveridevi Jeetmal Malu | Shareholding of Promoter and Promoter Group | 6.1% | 10,42,487 |
| Wistaria Farms Private Ltd | Shareholding of Promoter and Promoter Group | 6.1% | 10,33,500 |
| Purushottam Malu | Shareholding of Promoter and Promoter Group | 4.3% | 7,27,726 |
| Vasudeo Bhanwarlal Malu | Shareholding of Promoter and Promoter Group | 4.3% | 7,26,774 |
| Shrawan Kumar Malu | Shareholding of Promoter and Promoter Group | 4% | 6,78,991 |
| Sashikala Vasudeo Malu | Shareholding of Promoter and Promoter Group | 3.9% | 6,68,753 |
| Sunflame Fuels Pvt. Ltd | Shareholding of Promoter and Promoter Group | 3.1% | 5,27,255 |
| Marigold Farms Pvt. Ltd. | Shareholding of Promoter and Promoter Group | 2.4% | 4,12,500 |
| Suman Malu | Shareholding of Promoter and Promoter Group | 2.4% | 4,03,750 |
| Banwarilal Bhanwarlal Malu | Shareholding of Promoter and Promoter Group | 2.2% | 3,72,912 |
| Malu Vasudeo Bhanwarlal | Shareholding of Promoter and Promoter Group | 2.2% | 3,70,117 |
| Bips Tradecom Llp | Public Shareholding | 2.2% | 3,70,000 |
| Bharat Shrawankumar Malu | Shareholding of Promoter and Promoter Group | 1.9% | 3,20,042 |
| Punamchand R Malu | Shareholding of Promoter and Promoter Group | 1.9% | 3,18,675 |
| Gajendra Jeetmal Malu | Shareholding of Promoter and Promoter Group | 1.9% | 3,17,032 |
| Atulkumar Rameshwar Rathi | Public Shareholding | 1.8% | 3,12,858 |
| Narayan Banwarilal Malu | Shareholding of Promoter and Promoter Group | 1.8% | 3,04,340 |
| Manisha Nilay Verma | Shareholding of Promoter and Promoter Group | 1.5% | 2,62,494 |
| Radheshyam Purushottam Malu | Shareholding of Promoter and Promoter Group | 1.3% | 2,21,408 |
| Venugopal Punamchand Malu | Shareholding of Promoter and Promoter Group | 1.3% | 2,17,958 |
| Anita Malu | Shareholding of Promoter and Promoter Group | 1.3% | 2,16,146 |
| Kaushalya Malu | Shareholding of Promoter and Promoter Group | 1.3% | 2,16,146 |
| Sushila Malu | Shareholding of Promoter and Promoter Group | 1.3% | 2,16,145 |
| Punamchand Malu Huf | Shareholding of Promoter and Promoter Group | 0.9% | 1,58,333 |
Promoter Pledges
| Holder | Pledged Shares | % of Holding | As of |
|---|---|---|---|
| Kaveridevi Jeetmal Malu | 0 | 0% | 2026-06-30 |
| Purushottam Malu | 0 | 0% | 2026-06-30 |
| Vasudeo Bhanwarlal Malu | 0 | 0% | 2026-06-30 |
| Shrawan Kumar Malu | 0 | 0% | 2026-06-30 |
| Sashikala Vasudeo Malu | 0 | 0% | 2026-06-30 |
| Suman Malu | 0 | 0% | 2026-06-30 |
| Banwarilal Bhanwarlal Malu | 0 | 0% | 2026-06-30 |
| Malu Vasudeo Bhanwarlal | 0 | 0% | 2026-06-30 |
| Bharat Shrawankumar Malu | 0 | 0% | 2026-06-30 |
| Punamchand R Malu | 0 | 0% | 2026-06-30 |
| Gajendra Jeetmal Malu | 0 | 0% | 2026-06-30 |
| Narayan Banwarilal Malu | 0 | 0% | 2026-06-30 |
Board of Directors
| Name | Designation | Year |
|---|---|---|
| Punamchand Malu | Managing Director & CEO | 2025 |
| Banwarilal Malu | Joint MD & Executive Director | 2025 |
| Vasudeo Malu | Non-Exec & Non-Independent Dir | 2025 |
| Purshottam Ramlal Malu | Non-Exec & Non-Independent Dir | 2025 |
| Sahil Agrawal | Independent Non Exe. Director | 2025 |
| Rajesh Nandkishore Sarda | Independent Non Exe. Director | 2025 |
| Vijaykumar Mulchandji Sarda | Independent Non Exe. Director | 2025 |
| Surabhi Pankaj Gandhi | Independent Non Exe. Director | 2025 |
| Mayuri Suresh Asawa | Company Sec. & Compli. Officer | 2025 |
Segments — Product
| Segment | Revenue | Share |
|---|---|---|
| Manufacturing of paper | ₹0 Cr | — |
Capital Structure (₹ Cr)
| Year | Face Value | Authorised | Issued | Paid-up |
|---|---|---|---|---|
| 2025 | ₹10 | 20 | 17 | 17 |
Related-Party Transactions (₹ Cr)
| Year | Subsidiaries | Associates | JV | KMP | Others | Total |
|---|---|---|---|---|---|---|
| 2025 | 0 | 19 | 0 | 1 | 0 | 20 |
| 2025 | 0 | 15 | 0 | 1 | 0 | 17 |
| 2025 | 0 | 3 | 0 | 0 | 0 | 3 |
Insider / Designated-Person Trades
12 recent disclosure(s)
Shrawankumar MaluAcquisition · 1,39,101
Purushottam MaluAcquisition · 1,84,543
Punamchand MaluDisposal · 3,23,644
Shrawankumar MaluAcquisition · 2,40,100
Purushottam MaluAcquisition · 2,40,100
Punamchand MaluAcquisition · 2,40,111
Substantial Acquisitions (SAST)
6 disclosure(s)
Inter-se Transfer17/03/2025 · 1,39,101
Inter-se Transfer17/03/2025 · 1,84,543
Inter-se Transfer17/03/2025 · 3,23,644
NULL17/03/2025 · 3,23,644
Inter-se Transfer28/06/2024 · 3,45,833
Inter-se Transfer28/06/2024 · 3,45,833
Company Information
🌐 www.malupaper.com ↗
📍 Heera Plaza 4th Floor, Nr Telephne Exchange Centl Ave, Nagpur, Maharashtra, 440008
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