The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
Emami Paper Mills Limited is an India-based producer of newsprint, writing and printing paper and multilayer coated high-end packaging boards. The Company operates through the Manufacture of Paper and Paper Board segment. The Company’s products include multi-layer coated…
Weekly engine runs — movement reflects the numbers, not analyst opinion.
A high-quality, stagnant business, fairly priced.
Emami Paper Mills is scored on the commodity / cyclical framework. It keeps a thin 3.2% of every rupee of sales as net profit. Those profits are backed by real cash — operating cash flow runs 3.21× reported profit. It throws off free cash worth 24.6% of its market value — a strong free-cash yield.
Over the last 3 years revenue compounded at -7%/yr and profit at -4%/yr. Net worth has actually shrunk (-6%/yr) — value is not being built. Return on equity is an elite 25.8%. In the latest quarter profit grew 15% versus the prior quarter.
At 12× earnings, the stock sits at the 58th percentile of its own 3.6-year range — the middle of where it has historically traded. Today's price asks for only ~-10%/yr growth over a decade — undemanding expectations. The books come through clean — a forensic grade of A, and Altman puts distress risk in the safe zone.
A plain-English restatement of the figures on this page — rules-based, for education and research context, not investment advice or a recommendation.
| Ratio | Company | Sector | Read |
|---|---|---|---|
| P/E | 5.31 | 23.35 | better |
| P/B | 1.37 | 0.66 | worse |
| EV/EBITDA | 5.21 | 6.92 | better |
| ROE | 25.8 | 8.9 | better |
| ROCE | 17.84 | — | — |
| ROA | 6.95 | — | — |
| Quick Ratio | 0.52 | — | — |
| Peer | P/E | P/B | ROE |
|---|---|---|---|
| JK Paper | 18.9 | 1.2 | 6.1% |
| West Coast Paper Mills | 20.6 | 1.4 | 4.2% |
| Seshasayee Paper & Boards | 11.4 | 0.6 | 5.6% |
Negative CAGR — the top line has shrunk over this window.
The latest year saw a +136% swing — check if it's a one-off or structural.
Operating margins have been stable around 5% — no major structural shift.
ROE at 11% — modest; the capital isn't working hard.
-4% EPS CAGR — this is the rate at which each share's claim on earnings is compounding.
Operating cash flow has been positive every year — the business generates real cash, not just accounting profit. Cash conversion at 3.2× PAT — earnings are well-backed by cash; strong accrual quality. Heavy investing spend every year, but operations generate enough to cover it — the business self-funds its growth.
When operating cash keeps pace with reported profit, earnings are cash-backed; a persistent shortfall is a quality flag.
Revenue rose 5% sequentially — momentum is building. Run-rate stepping up — recent quarters average 14% above earlier ones.
Profit jumped 15% QoQ — check if this is operating leverage or a one-off item. Quarterly net margins are expanding (3% → 8%) — profitability per rupee of revenue is improving.
How today's P/E compares to the stock's own historical range. Dashed line = the 3.6y median.
Promoters hold 75.0% — heavily owner-operated with strong skin in the game.
Produced by a rules-based engine over licensed exchange fundamentals — every sentence above is derived from the numbers shown, no analyst or AI opinion involved. Education and research context, not investment advice. We are not SEBI-registered as an Investment Adviser or Research Analyst.