N R Agarwal Industries

₹679.40As of Sun 8 Nov 2026, 12:00 UTC
NSE:NRAILMaterials
Country India
PE (Fwd) 21.46
TSR 10Y CAGR 10.72%
Div yield 0.29%
ROE —
Paper & Paper Products
Beta (5Y) (0.14)
PE TTM 26.46
TSR TTM 56.54%
Mkt cap ₹11.78B
ROIC —
SE Grade™
Value
Quality
Moat
1Y Price
Reference
₹753
10.85%
(69.99%)
Price above Reference Value
FY23
FY24
FY25
FY26
Earnings per share₹
58.35
73.72
10.37
25.68
62.76%
26.34%
(85.93%)
147.60%
Revenue₹B
17.66
12.93
16.59
21.45
9.25%
(26.77%)
28.27%
29.32%
TTM
FYE 31 Mar INR
FY2017
FY2018
FY2019
FY2020
FY2021
FY2022
FY2023
FY2024
FY2025
FY2026
FY2027E
Trend
5Y
10Y
Peers
21.45
Revenue₹B
—
—
—
—
—
16.17
17.66
12.93
16.59
21.45
23.42
7.33%
7.33%
60
29.32
Revenue growth%
—
—
—
—
—
—
9.25
(26.77)
28.27
29.32
9.14
18.76
—
100
20.37
Gross margin%
—
—
—
—
—
36.84
22.86
28.73
21.54
20.37
19.93
22.86
22.86
53
4.93
Operating margin%
—
—
—
—
—
6.79
8.49
11.71
2.74
4.93
4.98
6.79
6.79
77
2.04
Net margin%
—
—
—
—
—
3.77
5.62
9.70
1.06
2.04
2.09
3.77
3.77
67
26.46
P/E ratio (avg)x
—
—
—
—
—
7.817
5.741
5.061
36.13
15.81
23.58
7.817
7.817
37
10.93
EV/EBITx
—
—
—
—
—
4.344
3.802
4.194
14.01
6.531
9.908
4.344
4.344
67
—
FCF yield (avg)%
—
—
—
—
—
—
—
—
—
—
—
—
—
23
—
FCF margin%
—
—
—
—
—
—
—
—
—
—
—
—
—
23
—
FCF / Net incomex
—
—
—
—
—
—
—
—
—
—
—
—
—
32
—
ROIC%
—
—
—
—
—
—
—
—
—
—
—
—
—
83
—
Return on equity%
—
—
—
—
—
—
—
—
—
—
—
—
—
80
—
Return on assets%
—
—
—
—
—
—
—
—
—
—
—
—
—
87
25.68
EPS₹
—
—
—
—
—
35.85
58.35
73.72
10.37
25.68
28.82
(8.01%)
(8.01%)
—
147.57
EPS growth%
—
—
—
—
—
—
62.74
26.34
(85.93)
147.57
12.23
44.54
—
82
—
Bookvalue per sh₹
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
FCF per share₹
—
—
—
—
—
—
—
—
—
—
—
—
—
—
2.00
Dividend per sh₹
—
—
—
—
—
—
—
2.00
2.00
2.00
2.13
—
—
—
0.29
Div yield (avg)%
—
—
—
—
—
—
—
0.54
0.53
0.49
0.31
0.53
—
4
7.79
Payout ratio%
—
—
—
—
—
—
—
2.71
19.29
7.79
7.39
2.71
2.71
6
17.02
Shares (diluted)M
—
—
—
—
—
17.02
17.02
17.02
17.02
17.02
◌17.02
—
—
29
—
Buyback yield%
—
—
—
—
—
—
—
—
—
—
◌—
—
—
29
—
D/E ratiox
—
—
—
—
—
—
—
—
—
—
—
—
—
13
11.56
Enterprise value₹B
—
—
—
—
—
4.770
5.701
6.349
6.377
6.909
11.56
9.71%
9.71%
63
—
LT debt₹M
—
—
—
—
—
—
—
—
—
—
—
—
—
60
Peers (US$123.4M)
Cap (US$)
PE
130.2M
22.85x
114.0M
7.001x
Capital
TTM
5Y
10Y
Leveragex
—
—
—
EBIT/Intx
2.041
5.393
5.393
Own earn%
—
—
—
Sh yield%
0.29
0.51
0.51
Owners
Insiders/Inst%
77.22
—
Short interest%
—
SBC / revenue%
—
Record
10Y
Profitable years
5/5
Revenue growth years
3/4
EPS growth years
3/4
Dividend streakyrs
0
Op margin range%
3–12
$1 testx
—
Incr. ROIC%
—

N R Agarwal Industries Limited manufactures and sells finished paper products in India. The company offers coated duplex boards, folding box board (FBB), and solid bleached sulphate (SBS) for offset printing, embossing, and foil stamping; writing and printing papers; copier papers; and newsprint products. Its products are primarily used in FMCG packaging, textbooks and notebooks, and print media sectors.

Growth vs revenue
Latest
Trend
4Y CAGR
Rel growth
Revenue
₹21.45B
7.33%
1.00×
Cost of revenue
₹17.08B
13.74%
1.26×
Operating expenses
₹3.312B
(9.13%)
0.51×
Revenue by region
No breakdown available
Reinvestment returns
n/m
Trend
Reinvestment rate
n/m
-
Return on capital
n/m
-
Spread over hurdle
n/m
-