Paper & Paper Products industry

57 companies · ₹40,675 cr · 3 with AI deep dives

Turning upmargin troughed at 7.4% and has risen for 6 quarters to 12.6%, on positive revenue growth
Revenue YoY
+16.8%
EBITDA margin
12.6%
+220bps YoY
Price, 1 year
-5.1%
46% of names up
P/E vs own 5y
+66.1%
15.9x now

Exhibit 1The quarter in numbers

constant panel of 13 companies above ₹500 cr
aggregate revenue (₹ cr)EBITDA margin (right axis)
Revenue
Jun 26
7,469 cr
Mar 26
8,492 cr
QoQ
-12.0%
Jun 25
6,397 cr
YoY
+16.8%
Peak
8,492 cr
vs peak
-12.0%
EBITDA margin
Jun 26
12.6%
Mar 26
9.0%
QoQ
+360bps
Jun 25
10.4%
YoY
+220bps
Peak
12.6%
vs peak
0bps

Breadth: 92% of 13 companies grew revenue year on year (was 77% a quarter earlier) and 62% expanded margin (was 46%).

Exhibit 2What it costs

10.59x - 20.61x across the panel today

The median name trades at 15.9x, +66.1% against this industry's own 5-year median of 9.6x, and -25.9% against its own peak of 21.4x.

Exhibit 3Structure

₹40,675 cr

Aditya Birla Real Estate Ltd is 36.5% of this industry by market cap. The top 5 are 72.4% and the top 10 are 84.5%.

mid 1small 6micro 5013 above ₹500 cr

Exhibit 4Screen

P/E below the sub-industry median of 15.86x, 5y ROCE above its median of 11.59%, and at least 2 growth triggers stated on the latest earnings call.

Which names clear this screen is premium

The screen runs on stated growth triggers from the latest earnings calls - the same guidance data the stock screener reserves for premium. Premium names every company in this industry that is cheap against its own median and has the triggers behind it.

See plans

Exhibit 5Coverage (25 of 57)

Every company here with a deep dive, topped up by market cap. The rest of the industry is in the appendix.

Mcap
₹14,297 cr
P/E
-
EV/EBITDA
-60.0x
ROCE
-4.8%
Margin
-72.3%
Rev YoY
+29.7%
Mcap
₹669 cr
P/E
18.5x
EV/EBITDA
9.1x
ROCE
5.1%
Margin
15.3%
Rev YoY
+36.3%
Mcap
₹363 cr
P/E
25.2x
EV/EBITDA
19.6x
ROCE
2.8%
Margin
12.9%
Rev YoY
+43.0%
Mcap
₹7,532 cr
P/E
22.7x
EV/EBITDA
10.3x
ROCE
7.6%
Margin
13.6%
Rev YoY
+12.7%
Mcap
₹4,709 cr
P/E
20.3x
EV/EBITDA
9.5x
ROCE
5.9%
Margin
13.8%
Rev YoY
+10.1%
Mcap
₹1,870 cr
P/E
22.1x
EV/EBITDA
15.6x
ROCE
37.4%
Margin
10.7%
Rev YoY
-
Mcap
₹1,587 cr
P/E
16.0x
EV/EBITDA
-
ROCE
4.5%
Margin
8.9%
Rev YoY
+27.7%
Mcap
₹1,460 cr
P/E
52.8x
EV/EBITDA
11.2x
ROCE
2.0%
Margin
9.0%
Rev YoY
+0.1%
Mcap
₹1,084 cr
P/E
17.4x
EV/EBITDA
9.7x
ROCE
8.0%
Margin
9.8%
Rev YoY
+43.1%
Mcap
₹1,058 cr
P/E
4.0x
EV/EBITDA
4.8x
ROCE
6.8%
Margin
11.8%
Rev YoY
+0.4%
Mcap
₹926 cr
P/E
10.2x
EV/EBITDA
6.5x
ROCE
16.2%
Margin
17.3%
Rev YoY
+3.3%
Mcap
₹695 cr
P/E
7.4x
EV/EBITDA
7.0x
ROCE
17.7%
Margin
11.2%
Rev YoY
+21.8%
Mcap
₹684 cr
P/E
-
EV/EBITDA
5.1x
ROCE
3.8%
Margin
12.2%
Rev YoY
-2.5%
Mcap
₹585 cr
P/E
-
EV/EBITDA
-4511.2x
ROCE
-15.4%
Margin
-38.9%
Rev YoY
-
Mcap
₹458 cr
P/E
-
EV/EBITDA
117.1x
ROCE
0.6%
Margin
14.9%
Rev YoY
+6.0%
Mcap
₹377 cr
P/E
-
EV/EBITDA
-32.0x
ROCE
-4.1%
Margin
-1.6%
Rev YoY
-4.5%
Mcap
₹327 cr
P/E
10.1x
EV/EBITDA
5.9x
ROCE
8.6%
Margin
11.2%
Rev YoY
+3.8%
Mcap
₹312 cr
P/E
46.7x
EV/EBITDA
9.5x
ROCE
5.1%
Margin
8.4%
Rev YoY
-12.7%
Mcap
₹265 cr
P/E
8.6x
EV/EBITDA
-
ROCE
4.3%
Margin
9.3%
Rev YoY
+2.3%
Mcap
₹256 cr
P/E
6.2x
EV/EBITDA
5.3x
ROCE
17.4%
Margin
13.7%
Rev YoY
+13.6%
Mcap
₹223 cr
P/E
15.1x
EV/EBITDA
7.4x
ROCE
12.0%
Margin
11.8%
Rev YoY
+10.0%
Mcap
₹209 cr
P/E
20.9x
EV/EBITDA
18.2x
ROCE
13.1%
Margin
9.0%
Rev YoY
-
Mcap
₹199 cr
P/E
21.4x
EV/EBITDA
15.2x
ROCE
20.0%
Margin
6.8%
Rev YoY
-
Mcap
₹185 cr
P/E
-
EV/EBITDA
8.9x
ROCE
2.4%
Margin
4.3%
Rev YoY
+4.2%
Mcap
₹172 cr
P/E
16.1x
EV/EBITDA
9.4x
ROCE
12.0%
Margin
11.9%
Rev YoY
-13.5%

No earnings-call brief covers this industry yet. It appears once at least five companies here have a transcript analysed, or sooner from the parent industry. The numbers above do not depend on it.

AppendixThe other 32 companies

1-30
sort: mcap · composite · name
Mcap
₹128 cr
P/E
-
EV/EBITDA
5.6x
ROCE
2.4%
Margin
15.0%
Rev YoY
-
Mcap
₹122 cr
P/E
4.9x
EV/EBITDA
5.0x
ROCE
37.8%
Margin
14.1%
Rev YoY
+7.6%
Mcap
₹108 cr
P/E
147.9x
EV/EBITDA
80.1x
ROCE
7.5%
Margin
28.2%
Rev YoY
+80.7%
Mcap
₹98 cr
P/E
14.5x
EV/EBITDA
6.5x
ROCE
5.9%
Margin
5.9%
Rev YoY
+36.7%
Mcap
₹93 cr
P/E
51.8x
EV/EBITDA
17.8x
ROCE
13.9%
Margin
2.8%
Rev YoY
+37.9%
Mcap
₹81 cr
P/E
24.8x
EV/EBITDA
14.5x
ROCE
7.5%
Margin
58.9%
Rev YoY
+808.2%
Mcap
₹58 cr
P/E
-
EV/EBITDA
-33.3x
ROCE
6.4%
Margin
-1.9%
Rev YoY
+30.8%
Mcap
₹52 cr
P/E
-
EV/EBITDA
-275.4x
ROCE
8.9%
Margin
-14.2%
Rev YoY
+57.1%
Mcap
₹49 cr
P/E
19.2x
EV/EBITDA
7.5x
ROCE
8.2%
Margin
6.1%
Rev YoY
-3.8%
Mcap
₹48 cr
P/E
6.7x
EV/EBITDA
5.8x
ROCE
9.4%
Margin
7.0%
Rev YoY
+10.3%
Mcap
₹37 cr
P/E
5.6x
EV/EBITDA
4.6x
ROCE
16.3%
Margin
11.9%
Rev YoY
+18.1%
Mcap
₹35 cr
P/E
63.5x
EV/EBITDA
29.2x
ROCE
14.1%
Margin
3.6%
Rev YoY
-
Mcap
₹34 cr
P/E
30.4x
EV/EBITDA
11.4x
ROCE
1.3%
Margin
14.1%
Rev YoY
-17.3%
Mcap
₹28 cr
P/E
18.6x
EV/EBITDA
14.6x
ROCE
5.1%
Margin
82.3%
Rev YoY
-6.5%
Mcap
₹25 cr
P/E
5.8x
EV/EBITDA
7.5x
ROCE
8.4%
Margin
4.2%
Rev YoY
+17.5%
Mcap
₹21 cr
P/E
2.9x
EV/EBITDA
2.9x
ROCE
20.9%
Margin
5.6%
Rev YoY
-
Mcap
₹20 cr
P/E
15.3x
EV/EBITDA
9.1x
ROCE
14.2%
Margin
9.5%
Rev YoY
+47.2%
Mcap
₹18 cr
P/E
-
EV/EBITDA
714.7x
ROCE
-0.1%
Margin
0.6%
Rev YoY
+7.4%
Mcap
₹18 cr
P/E
10.7x
EV/EBITDA
4.3x
ROCE
-38.6%
Margin
67.5%
Rev YoY
-65.8%
Mcap
₹16 cr
P/E
73.9x
EV/EBITDA
22.9x
ROCE
4.0%
Margin
2.5%
Rev YoY
+16.4%
Mcap
₹15 cr
P/E
-
EV/EBITDA
-25.5x
ROCE
17.5%
Margin
-185.6%
Rev YoY
-
Mcap
₹14 cr
P/E
-
EV/EBITDA
-36.6x
ROCE
-10.9%
Margin
-88.4%
Rev YoY
-92.0%
Mcap
₹9 cr
P/E
-
EV/EBITDA
11.0x
ROCE
7.0%
Margin
3.9%
Rev YoY
+5.7%
Mcap
₹9 cr
P/E
12.8x
EV/EBITDA
-
ROCE
9.0%
Margin
10.0%
Rev YoY
-100.0%
Mcap
₹6 cr
P/E
48.3x
EV/EBITDA
21.5x
ROCE
4.5%
Margin
7.3%
Rev YoY
+37.4%
Mcap
₹6 cr
P/E
-
EV/EBITDA
-51.3x
ROCE
-2.9%
Margin
-35.7%
Rev YoY
-
Mcap
₹6 cr
P/E
-
EV/EBITDA
-1.4x
ROCE
4.3%
Margin
-610.1%
Rev YoY
-
Mcap
₹5 cr
P/E
-
EV/EBITDA
-
ROCE
-16.2%
Margin
-14.9%
Rev YoY
0.0%
Mcap
₹5 cr
P/E
-
EV/EBITDA
-20.5x
ROCE
4.4%
Margin
-52.1%
Rev YoY
-
Mcap
₹4 cr
P/E
75.6x
EV/EBITDA
-
ROCE
0.1%
Margin
1.2%
Rev YoY
+50.0%

2 more companies

This industry has 32 constituents beyond the covered names. The first page is free; premium opens the rest.

See plans