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Andhra Paper share price today

Andhra Paper Ltd · NSE: ANDHRAPAP · Paper · price as of the 4 November 2026 close, updated every trading day · results updated weekly

Andhra Paper share price today: ₹64.11 at the NSE close on 4 November 2026, down 12.9% in a year. Andhra Paper (NSE: ANDHRAPAP) is worth ₹1,275 crore, trades at a P/E of 24.5 and has closed between ₹59.01 and ₹74.62 over the past 52 weeks. Latest change: operating margin up 8.6 points on a year earlier.

Turning aroundBusiness trend from the last 12 quarters
₹64.11Price −12.9% in a year
24.5×P/E higher than 78% of the last 11 years
₹426 CrRevenue (Sep 2026) +17.7% on a year ago
₹4.3 CrProfit (Sep 2026)
6.8%Operating margin +8.6 points on a year ago
0%ROCE FY26
1.2%ROIC against a 12.0% cost of capital: −10.8 points

Andhra Paper Ltd's share price has risen faster than its earnings: −12.9% in a year, against −79.0% for earnings per share.

The main question: the share price moved −12.9% in a year while yearly earnings per share moved −79.0%. The difference came from the market paying a higher multiple.

The price has been falling for 106 weeks, and the P/E is higher than 78% of its own last 11 years. Over the last four quarters, results have been improving, and 82% of the last 3 years' profit came in as cash. What will decide it: whether earnings grow into a price that has already moved.

What is the Andhra Paper share price today?

Andhra Paper Ltd's share price was ₹64.11 at the close on 4 November 2026. It has been falling for 106 weeks. That is 4.1% below its average price over the last 200 trading days. In the last 52 weeks it traded between ₹59 and ₹75, and at that close it sat 33% of the way up from that low.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). Today Andhra Paper Ltd is in stage 4. The phase helps read everything below.

Over the past 13 weeks it has done better than the NIFTY 500, and it has stayed ahead for 11 weeks in a row.

1Y

Nov 2026: ₹64.1, 4.1% below its 200-day average. The price has been falling for 106 weeks.

  • Price ₹64.1
  • 50-day avg ₹67
  • 200-day avg ₹67
Nov 2026: ₹64.1, 4.1% below its 200-day average. The price has been falling for 106 weeks.
WeekPrice50-day avg200-day avg
31 Oct 2025₹78₹79₹82
7 Nov 2025₹74₹78₹82
14 Nov 2025₹70₹77₹81
21 Nov 2025₹70₹76₹81
28 Nov 2025₹69₹75₹80
5 Dec 2025₹67₹73₹79
12 Dec 2025₹67₹72₹79
19 Dec 2025₹68₹71₹78
26 Dec 2025₹67₹71₹78
2 Jan 2026₹68₹70₹77
9 Jan 2026₹64₹69₹77
16 Jan 2026₹64₹69₹76
23 Jan 2026₹63₹68₹76
1 Feb 2026₹64₹67₹75
6 Feb 2026₹65₹67₹75
13 Feb 2026₹69₹67₹74
20 Feb 2026₹68₹67₹74
27 Feb 2026₹69₹68₹74
6 Mar 2026₹66₹67₹73
13 Mar 2026₹62₹67₹73
20 Mar 2026₹60₹66₹72
27 Mar 2026₹59₹65₹72
2 Apr 2026₹60₹64₹72
10 Apr 2026₹63₹64₹71
17 Apr 2026₹68₹64₹71
24 Apr 2026₹66₹65₹71
30 Apr 2026₹67₹65₹71
8 May 2026₹69₹66₹70
15 May 2026₹65₹66₹70
22 May 2026₹63₹65₹70
29 May 2026₹63₹65₹70
4 Jun 2026₹62₹65₹69
5 Jun 2026₹62₹64₹69
10 Jun 2026₹62₹64₹69
12 Jun 2026₹61₹64₹69
17 Jun 2026₹63₹64₹69
19 Jun 2026₹63₹64₹69
24 Jun 2026₹64₹64₹68
25 Jun 2026₹64₹64₹68
1 Jul 2026₹63₹64₹68
3 Jul 2026₹63₹64₹68
10 Jul 2026₹62₹63₹68
17 Jul 2026₹61₹63₹67
24 Jul 2026₹61₹63₹67
31 Jul 2026₹61₹62₹67
7 Aug 2026₹60₹62₹67
14 Aug 2026₹60₹62₹66
21 Aug 2026₹60₹62₹66
28 Aug 2026₹61₹61₹66
4 Sep 2026₹65₹62₹66
11 Sep 2026₹73₹63₹66
18 Sep 2026₹75₹65₹66
25 Sep 2026₹74₹66₹66
28 Sep 2026₹73₹67₹67
1 Oct 2026₹71₹67₹67
9 Oct 2026₹67₹67₹67
16 Oct 2026₹68₹68₹67
23 Oct 2026₹62₹68₹67
30 Oct 2026₹67₹67₹67
4 Nov 2026₹64₹67₹67
Weekly closing price (₹) with its 50-day and 200-day averages. The strip under the chart shows the phase: tan sideways, green rising, yellow stalling near a high, orange falling. 1-year window.

3Y

Nov 2026: ₹64.1, 4.1% below its 200-day average. The price has been falling for 106 weeks.

  • Price ₹64.1
  • 50-day avg ₹67
  • 200-day avg ₹67
Nov 2026: ₹64.1, 4.1% below its 200-day average. The price has been falling for 106 weeks.
WeekPrice50-day avg200-day avg
3 Nov 2023₹111₹111₹96
12 Nov 2023₹111₹111₹97
17 Nov 2023₹114₹111₹97
24 Nov 2023₹113₹112₹98
1 Dec 2023₹114₹112₹99
8 Dec 2023₹114₹112₹99
15 Dec 2023₹117₹113₹100
22 Dec 2023₹118₹114₹101
29 Dec 2023₹122₹115₹102
5 Jan 2024₹119₹116₹103
12 Jan 2024₹118₹116₹103
20 Jan 2024₹125₹118₹105
25 Jan 2024₹120₹118₹105
2 Feb 2024₹117₹119₹106
9 Feb 2024₹105₹117₹106
16 Feb 2024₹107₹115₹106
23 Feb 2024₹109₹114₹106
2 Mar 2024₹106₹112₹106
7 Mar 2024₹104₹111₹106
15 Mar 2024₹100₹109₹106
22 Mar 2024₹99₹107₹105
28 Mar 2024₹97₹106₹105
5 Apr 2024₹103₹105₹105
12 Apr 2024₹101₹105₹105
19 Apr 2024₹98₹104₹105
26 Apr 2024₹105₹103₹104
3 May 2024₹106₹104₹105
10 May 2024₹103₹104₹105
18 May 2024₹103₹104₹104
24 May 2024₹104₹104₹104
31 May 2024₹100₹103₹104
7 Jun 2024₹101₹102₹104
14 Jun 2024₹112₹103₹104
21 Jun 2024₹112₹105₹104
28 Jun 2024₹114₹106₹105
5 Jul 2024₹122₹109₹106
12 Jul 2024₹118₹110₹106
19 Jul 2024₹114₹111₹107
26 Jul 2024₹114₹112₹107
2 Aug 2024₹115₹112₹107
9 Aug 2024₹110₹112₹107
16 Aug 2024₹105₹111₹107
23 Aug 2024₹113₹111₹108
30 Aug 2024₹113₹112₹108
6 Sep 2024₹113₹112₹108
13 Sep 2024₹106₹112₹108
20 Sep 2024₹104₹111₹108
27 Sep 2024₹107₹110₹108
4 Oct 2024₹104₹109₹108
11 Oct 2024₹102₹108₹108
18 Oct 2024₹101₹107₹107
25 Oct 2024₹94₹105₹107
1 Nov 2024₹102₹104₹106
8 Nov 2024₹97₹103₹106
14 Nov 2024₹93₹102₹106
22 Nov 2024₹93₹100₹105
29 Nov 2024₹99₹100₹105
6 Dec 2024₹104₹100₹105
13 Dec 2024₹100₹100₹104
20 Dec 2024₹97₹101₹104
27 Dec 2024₹96₹100₹104
3 Jan 2025₹95₹99₹104
10 Jan 2025₹91₹98₹103
17 Jan 2025₹90₹96₹102
24 Jan 2025₹86₹95₹102
1 Feb 2025₹85₹93₹101
7 Feb 2025₹85₹92₹100
14 Feb 2025₹80₹90₹99
21 Feb 2025₹76₹88₹98
28 Feb 2025₹76₹86₹97
7 Mar 2025₹76₹84₹96
13 Mar 2025₹70₹82₹95
21 Mar 2025₹73₹80₹94
28 Mar 2025₹69₹78₹93
4 Apr 2025₹70₹77₹92
11 Apr 2025₹71₹76₹91
17 Apr 2025₹76₹76₹91
25 Apr 2025₹74₹76₹90
2 May 2025₹75₹76₹89
9 May 2025₹72₹76₹89
16 May 2025₹78₹76₹88
23 May 2025₹78₹76₹88
30 May 2025₹77₹77₹87
6 Jun 2025₹77₹77₹87
13 Jun 2025₹80₹77₹86
20 Jun 2025₹79₹78₹86
27 Jun 2025₹83₹78₹86
4 Jul 2025₹88₹79₹86
11 Jul 2025₹82₹80₹86
18 Jul 2025₹83₹81₹85
25 Jul 2025₹77₹80₹85
1 Aug 2025₹78₹80₹85
8 Aug 2025₹76₹79₹84
14 Aug 2025₹75₹79₹84
22 Aug 2025₹74₹78₹84
29 Aug 2025₹78₹78₹83
5 Sep 2025₹78₹78₹83
12 Sep 2025₹80₹78₹83
19 Sep 2025₹79₹79₹83
26 Sep 2025₹76₹79₹83
3 Oct 2025₹85₹79₹82
10 Oct 2025₹79₹79₹82
17 Oct 2025₹77₹79₹82
24 Oct 2025₹78₹79₹82
31 Oct 2025₹78₹79₹82
7 Nov 2025₹74₹78₹82
14 Nov 2025₹70₹77₹81
21 Nov 2025₹70₹76₹81
28 Nov 2025₹69₹75₹80
5 Dec 2025₹67₹73₹79
12 Dec 2025₹67₹72₹79
19 Dec 2025₹68₹71₹78
26 Dec 2025₹67₹71₹78
2 Jan 2026₹68₹70₹77
9 Jan 2026₹64₹69₹77
16 Jan 2026₹64₹69₹76
23 Jan 2026₹63₹68₹76
1 Feb 2026₹64₹67₹75
6 Feb 2026₹65₹67₹75
13 Feb 2026₹69₹67₹74
20 Feb 2026₹68₹67₹74
27 Feb 2026₹69₹68₹74
6 Mar 2026₹66₹67₹73
13 Mar 2026₹62₹67₹73
20 Mar 2026₹60₹66₹72
27 Mar 2026₹59₹65₹72
2 Apr 2026₹60₹64₹72
10 Apr 2026₹63₹64₹71
17 Apr 2026₹68₹64₹71
24 Apr 2026₹66₹65₹71
30 Apr 2026₹67₹65₹71
8 May 2026₹69₹66₹70
15 May 2026₹65₹66₹70
22 May 2026₹63₹65₹70
29 May 2026₹63₹65₹70
4 Jun 2026₹62₹65₹69
5 Jun 2026₹62₹64₹69
10 Jun 2026₹62₹64₹69
12 Jun 2026₹61₹64₹69
17 Jun 2026₹63₹64₹69
19 Jun 2026₹63₹64₹69
24 Jun 2026₹64₹64₹68
25 Jun 2026₹64₹64₹68
1 Jul 2026₹63₹64₹68
3 Jul 2026₹63₹64₹68
10 Jul 2026₹62₹63₹68
17 Jul 2026₹61₹63₹67
24 Jul 2026₹61₹63₹67
31 Jul 2026₹61₹62₹67
7 Aug 2026₹60₹62₹67
14 Aug 2026₹60₹62₹66
21 Aug 2026₹60₹62₹66
28 Aug 2026₹61₹61₹66
4 Sep 2026₹65₹62₹66
11 Sep 2026₹73₹63₹66
18 Sep 2026₹75₹65₹66
25 Sep 2026₹74₹66₹66
28 Sep 2026₹73₹67₹67
1 Oct 2026₹71₹67₹67
9 Oct 2026₹67₹67₹67
16 Oct 2026₹68₹68₹67
23 Oct 2026₹62₹68₹67
30 Oct 2026₹67₹67₹67
4 Nov 2026₹64₹67₹67
Weekly closing price (₹) with its 50-day and 200-day averages. The strip under the chart shows the phase: tan sideways, green rising, yellow stalling near a high, orange falling. 3-year window.

5Y

Nov 2026: ₹64.1, 4.1% below its 200-day average. The price has been falling for 106 weeks.

  • Price ₹64.1
  • 50-day avg ₹67
  • 200-day avg ₹67
Nov 2026: ₹64.1, 4.1% below its 200-day average. The price has been falling for 106 weeks.
WeekPrice50-day avg200-day avg
29 Oct 2021₹46₹47₹47
12 Nov 2021₹47₹47₹47
26 Nov 2021₹45₹47₹47
10 Dec 2021₹46₹46₹47
24 Dec 2021₹44₹46₹46
7 Jan 2022₹44₹45₹46
21 Jan 2022₹43₹45₹46
4 Feb 2022₹46₹44₹46
18 Feb 2022₹44₹45₹46
4 Mar 2022₹43₹44₹45
17 Mar 2022₹57₹45₹46
1 Apr 2022₹65₹50₹47
13 Apr 2022₹72₹55₹49
29 Apr 2022₹67₹60₹51
13 May 2022₹63₹62₹52
27 May 2022₹65₹64₹53
10 Jun 2022₹65₹65₹55
24 Jun 2022₹59₹63₹55
8 Jul 2022₹67₹63₹56
22 Jul 2022₹67₹64₹57
5 Aug 2022₹78₹67₹59
19 Aug 2022₹89₹73₹61
2 Sep 2022₹98₹80₹64
16 Sep 2022₹90₹85₹67
30 Sep 2022₹89₹86₹69
14 Oct 2022₹87₹86₹70
28 Oct 2022₹97₹88₹72
11 Nov 2022₹90₹90₹74
25 Nov 2022₹87₹89₹75
9 Dec 2022₹89₹88₹76
23 Dec 2022₹75₹87₹77
6 Jan 2023₹83₹86₹78
20 Jan 2023₹84₹85₹78
3 Feb 2023₹88₹85₹79
17 Feb 2023₹88₹86₹80
3 Mar 2023₹86₹86₹80
17 Mar 2023₹82₹85₹81
31 Mar 2023₹83₹84₹81
13 Apr 2023₹92₹85₹81
28 Apr 2023₹91₹87₹82
12 May 2023₹93₹89₹83
26 May 2023₹88₹89₹84
9 Jun 2023₹87₹89₹84
23 Jun 2023₹84₹88₹84
7 Jul 2023₹85₹87₹84
21 Jul 2023₹85₹86₹84
4 Aug 2023₹83₹85₹84
18 Aug 2023₹88₹85₹84
1 Sep 2023₹91₹87₹85
15 Sep 2023₹121₹95₹87
29 Sep 2023₹119₹102₹90
13 Oct 2023₹129₹108₹93
27 Oct 2023₹116₹111₹95
12 Nov 2023₹111₹111₹97
24 Nov 2023₹113₹112₹98
8 Dec 2023₹114₹112₹99
22 Dec 2023₹118₹114₹101
5 Jan 2024₹119₹116₹103
20 Jan 2024₹125₹118₹105
2 Feb 2024₹117₹119₹106
16 Feb 2024₹107₹115₹106
2 Mar 2024₹106₹112₹106
15 Mar 2024₹100₹109₹106
28 Mar 2024₹97₹106₹105
12 Apr 2024₹101₹105₹105
26 Apr 2024₹105₹103₹104
10 May 2024₹103₹104₹105
24 May 2024₹104₹104₹104
7 Jun 2024₹101₹102₹104
21 Jun 2024₹112₹105₹104
5 Jul 2024₹122₹109₹106
19 Jul 2024₹114₹111₹107
2 Aug 2024₹115₹112₹107
16 Aug 2024₹105₹111₹107
30 Aug 2024₹113₹112₹108
13 Sep 2024₹106₹112₹108
27 Sep 2024₹107₹110₹108
11 Oct 2024₹102₹108₹108
25 Oct 2024₹94₹105₹107
8 Nov 2024₹97₹103₹106
22 Nov 2024₹93₹100₹105
6 Dec 2024₹104₹100₹105
20 Dec 2024₹97₹101₹104
3 Jan 2025₹95₹99₹104
17 Jan 2025₹90₹96₹102
1 Feb 2025₹85₹93₹101
14 Feb 2025₹80₹90₹99
28 Feb 2025₹76₹86₹97
13 Mar 2025₹70₹82₹95
28 Mar 2025₹69₹78₹93
11 Apr 2025₹71₹76₹91
25 Apr 2025₹74₹76₹90
9 May 2025₹72₹76₹89
23 May 2025₹78₹76₹88
6 Jun 2025₹77₹77₹87
20 Jun 2025₹79₹78₹86
4 Jul 2025₹88₹79₹86
18 Jul 2025₹83₹81₹85
1 Aug 2025₹78₹80₹85
14 Aug 2025₹75₹79₹84
29 Aug 2025₹78₹78₹83
12 Sep 2025₹80₹78₹83
26 Sep 2025₹76₹79₹83
10 Oct 2025₹79₹79₹82
24 Oct 2025₹78₹79₹82
7 Nov 2025₹74₹78₹82
21 Nov 2025₹70₹76₹81
5 Dec 2025₹67₹73₹79
19 Dec 2025₹68₹71₹78
2 Jan 2026₹68₹70₹77
16 Jan 2026₹64₹69₹76
1 Feb 2026₹64₹67₹75
13 Feb 2026₹69₹67₹74
27 Feb 2026₹69₹68₹74
13 Mar 2026₹62₹67₹73
27 Mar 2026₹59₹65₹72
10 Apr 2026₹63₹64₹71
24 Apr 2026₹66₹65₹71
8 May 2026₹69₹66₹70
22 May 2026₹63₹65₹70
4 Jun 2026₹62₹65₹69
10 Jun 2026₹62₹64₹69
17 Jun 2026₹63₹64₹69
24 Jun 2026₹64₹64₹68
1 Jul 2026₹63₹64₹68
10 Jul 2026₹62₹63₹68
24 Jul 2026₹61₹63₹67
7 Aug 2026₹60₹62₹67
21 Aug 2026₹60₹62₹66
4 Sep 2026₹65₹62₹66
18 Sep 2026₹75₹65₹66
28 Sep 2026₹73₹67₹67
9 Oct 2026₹67₹67₹67
23 Oct 2026₹62₹68₹67
4 Nov 2026₹64₹67₹67
Weekly closing price (₹) with its 50-day and 200-day averages. The strip under the chart shows the phase: tan sideways, green rising, yellow stalling near a high, orange falling. 5-year window.

10Y

Nov 2026: ₹64.1, 4.1% below its 200-day average. The price has been falling for 106 weeks.

  • Price ₹64.1
  • 50-day avg ₹67
  • 200-day avg ₹67
Nov 2026: ₹64.1, 4.1% below its 200-day average. The price has been falling for 106 weeks.
WeekPrice50-day avg200-day avg
30 Oct 2016₹60₹60₹59
18 Nov 2016₹59₹60₹59
9 Dec 2016₹63₹61₹59
30 Dec 2016₹59₹60₹59
20 Jan 2017₹65₹62₹60
10 Feb 2017₹64₹63₹60
3 Mar 2017₹64₹64₹61
24 Mar 2017₹62₹63₹61
13 Apr 2017₹72₹65₹62
5 May 2017₹67₹67₹63
26 May 2017₹62₹66₹63
16 Jun 2017₹61₹64₹63
7 Jul 2017₹60₹62₹63
28 Jul 2017₹63₹62₹63
18 Aug 2017₹59₹61₹62
8 Sep 2017₹59₹60₹62
29 Sep 2017₹58₹60₹61
19 Oct 2017₹60₹59₹61
10 Nov 2017₹56₹59₹61
1 Dec 2017₹59₹58₹60
22 Dec 2017₹65₹60₹60
12 Jan 2018₹81₹64₹62
2 Feb 2018₹61₹67₹63
23 Feb 2018₹64₹66₹63
16 Mar 2018₹60₹64₹63
6 Apr 2018₹60₹62₹62
27 Apr 2018₹65₹62₹62
18 May 2018₹64₹64₹63
8 Jun 2018₹64₹65₹63
29 Jun 2018₹63₹65₹64
20 Jul 2018₹65₹64₹64
10 Aug 2018₹90₹70₹65
31 Aug 2018₹95₹80₹69
21 Sep 2018₹100₹90₹73
12 Oct 2018₹94₹90₹75
2 Nov 2018₹103₹93₹78
22 Nov 2018₹100₹97₹81
14 Dec 2018₹92₹94₹83
4 Jan 2019₹90₹93₹84
25 Jan 2019₹85₹91₹84
15 Feb 2019₹88₹90₹85
8 Mar 2019₹95₹91₹86
29 Mar 2019₹89₹91₹87
18 Apr 2019₹91₹92₹88
10 May 2019₹82₹90₹87
31 May 2019₹85₹86₹87
21 Jun 2019₹85₹86₹86
12 Jul 2019₹87₹86₹86
2 Aug 2019₹87₹86₹86
23 Aug 2019₹88₹87₹86
13 Sep 2019₹90₹88₹87
4 Oct 2019₹64₹85₹86
27 Oct 2019₹68₹76₹83
15 Nov 2019₹60₹71₹81
6 Dec 2019₹57₹65₹78
27 Dec 2019₹58₹62₹75
17 Jan 2020₹65₹61₹73
7 Feb 2020₹58₹60₹71
28 Feb 2020₹51₹57₹69
20 Mar 2020₹29₹49₹65
9 Apr 2020₹31₹41₹61
30 Apr 2020₹38₹39₹58
22 May 2020₹33₹37₹54
12 Jun 2020₹45₹39₹53
3 Jul 2020₹47₹43₹52
24 Jul 2020₹45₹44₹51
14 Aug 2020₹44₹44₹50
4 Sep 2020₹42₹44₹49
25 Sep 2020₹39₹42₹48
16 Oct 2020₹37₹41₹47
6 Nov 2020₹38₹39₹45
27 Nov 2020₹40₹39₹45
18 Dec 2020₹44₹40₹44
8 Jan 2021₹43₹41₹44
29 Jan 2021₹41₹42₹44
19 Feb 2021₹47₹44₹44
12 Mar 2021₹48₹46₹45
1 Apr 2021₹45₹46₹45
23 Apr 2021₹43₹45₹45
14 May 2021₹46₹45₹45
4 Jun 2021₹48₹46₹45
25 Jun 2021₹49₹47₹46
16 Jul 2021₹51₹49₹46
6 Aug 2021₹50₹50₹47
27 Aug 2021₹46₹49₹47
17 Sep 2021₹46₹47₹47
8 Oct 2021₹49₹47₹47
29 Oct 2021₹46₹47₹47
18 Nov 2021₹46₹47₹47
10 Dec 2021₹46₹46₹47
31 Dec 2021₹44₹45₹46
21 Jan 2022₹43₹45₹46
11 Feb 2022₹45₹45₹46
4 Mar 2022₹43₹44₹45
25 Mar 2022₹57₹48₹46
13 Apr 2022₹72₹55₹49
6 May 2022₹69₹61₹51
27 May 2022₹65₹64₹53
17 Jun 2022₹59₹64₹55
8 Jul 2022₹67₹63₹56
29 Jul 2022₹70₹65₹58
19 Aug 2022₹89₹73₹61
9 Sep 2022₹97₹83₹65
30 Sep 2022₹89₹86₹69
21 Oct 2022₹91₹87₹71
11 Nov 2022₹90₹90₹74
2 Dec 2022₹84₹88₹76
23 Dec 2022₹75₹87₹77
13 Jan 2023₹83₹85₹78
3 Feb 2023₹88₹85₹79
24 Feb 2023₹86₹86₹80
17 Mar 2023₹82₹85₹81
6 Apr 2023₹86₹85₹81
28 Apr 2023₹91₹87₹82
19 May 2023₹91₹89₹84
9 Jun 2023₹87₹89₹84
30 Jun 2023₹84₹87₹84
21 Jul 2023₹85₹86₹84
11 Aug 2023₹82₹85₹84
1 Sep 2023₹91₹87₹85
22 Sep 2023₹118₹98₹89
13 Oct 2023₹129₹108₹93
3 Nov 2023₹111₹111₹96
24 Nov 2023₹113₹112₹98
15 Dec 2023₹117₹113₹100
5 Jan 2024₹119₹116₹103
25 Jan 2024₹120₹118₹105
16 Feb 2024₹107₹115₹106
7 Mar 2024₹104₹111₹106
28 Mar 2024₹97₹106₹105
19 Apr 2024₹98₹104₹105
10 May 2024₹103₹104₹105
31 May 2024₹100₹103₹104
21 Jun 2024₹112₹105₹104
12 Jul 2024₹118₹110₹106
2 Aug 2024₹115₹112₹107
23 Aug 2024₹113₹111₹108
13 Sep 2024₹106₹112₹108
4 Oct 2024₹104₹109₹108
25 Oct 2024₹94₹105₹107
14 Nov 2024₹93₹102₹106
6 Dec 2024₹104₹100₹105
27 Dec 2024₹96₹100₹104
17 Jan 2025₹90₹96₹102
7 Feb 2025₹85₹92₹100
28 Feb 2025₹76₹86₹97
21 Mar 2025₹73₹80₹94
11 Apr 2025₹71₹76₹91
2 May 2025₹75₹76₹89
23 May 2025₹78₹76₹88
13 Jun 2025₹80₹77₹86
4 Jul 2025₹88₹79₹86
25 Jul 2025₹77₹80₹85
14 Aug 2025₹75₹79₹84
5 Sep 2025₹78₹78₹83
26 Sep 2025₹76₹79₹83
17 Oct 2025₹77₹79₹82
7 Nov 2025₹74₹78₹82
28 Nov 2025₹69₹75₹80
19 Dec 2025₹68₹71₹78
9 Jan 2026₹64₹69₹77
1 Feb 2026₹64₹67₹75
20 Feb 2026₹68₹67₹74
13 Mar 2026₹62₹67₹73
2 Apr 2026₹60₹64₹72
24 Apr 2026₹66₹65₹71
15 May 2026₹65₹66₹70
4 Jun 2026₹62₹65₹69
12 Jun 2026₹61₹64₹69
24 Jun 2026₹64₹64₹68
3 Jul 2026₹63₹64₹68
24 Jul 2026₹61₹63₹67
14 Aug 2026₹60₹62₹66
4 Sep 2026₹65₹62₹66
25 Sep 2026₹74₹66₹66
9 Oct 2026₹67₹67₹67
30 Oct 2026₹67₹67₹67
4 Nov 2026₹64₹67₹67
Weekly closing price (₹) with its 50-day and 200-day averages. The strip under the chart shows the phase: tan sideways, green rising, yellow stalling near a high, orange falling. 10-year window.

Price stage: Falling from Oct 2025 to Oct 2026.

Price stage: Rising from Nov 2023 to Apr 2024; Falling from Apr 2024 to Jun 2024; Sideways from Jun 2024 to Jul 2024; Rising from Jul 2024 to Oct 2024; Falling from Oct 2024 to Oct 2026.

Price stage: Sideways from Oct 2021 to Dec 2021; Falling from Dec 2021 to Apr 2022; Rising from Apr 2022 to Aug 2023; Sideways from Aug 2023 to Sep 2023; Rising from Sep 2023 to Mar 2024; Falling from Apr 2024 to Jul 2024; Rising from Jul 2024 to Oct 2024; Falling from Oct 2024 to Oct 2026.

Price stage: Rising from Oct 2016 to Jul 2017; Falling from Aug 2017 to Jan 2018; Rising from Feb 2018 to May 2019; Falling from Jun 2019 to Aug 2019; Sideways from Aug 2019 to Oct 2019; Falling from Oct 2019 to Mar 2021; Rising from Apr 2021 to Sep 2021; Sideways from Oct 2021 to Dec 2021; Falling from Dec 2021 to Mar 2022; Rising from Apr 2022 to Mar 2024; Falling from Apr 2024 to Jul 2024; Rising from Aug 2024 to Oct 2024; Falling from Oct 2024 to Oct 2026.

Week by week since 2016: did it beat the NIFTY 500 over the past 13 weeks?

Ahead in 199 of 550 weeks

Week by week since 2016: did it beat the NIFTY 500 over the past 13 weeks?
Week13-week return vs NIFTY 500
11 Mar 2016no NIFTY 500 reading
18 Mar 2016no NIFTY 500 reading
23 Mar 2016no NIFTY 500 reading
1 Apr 2016no NIFTY 500 reading
8 Apr 2016no NIFTY 500 reading
13 Apr 2016no NIFTY 500 reading
22 Apr 2016no NIFTY 500 reading
29 Apr 2016no NIFTY 500 reading
6 May 2016no NIFTY 500 reading
13 May 2016no NIFTY 500 reading
20 May 2016no NIFTY 500 reading
27 May 2016no NIFTY 500 reading
3 Jun 2016no NIFTY 500 reading
10 Jun 2016−15.8%
17 Jun 2016−4.1%
24 Jun 2016−10.6%
1 Jul 2016−8.1%
8 Jul 2016−11.2%
15 Jul 2016−10.5%
22 Jul 2016−12.4%
29 Jul 2016−3.2%
5 Aug 2016−10.7%
12 Aug 2016−13.2%
19 Aug 2016−14.4%
26 Aug 2016−6.6%
2 Sep 2016−10.3%
9 Sep 2016−7.8%
16 Sep 2016−12.5%
23 Sep 2016−7.1%
30 Sep 2016−9.3%
7 Oct 2016+3.7%
14 Oct 2016+1.2%
21 Oct 2016+3.5%
30 Oct 2016−4.1%
4 Nov 2016+0.0%
11 Nov 2016+6.8%
18 Nov 2016+10.4%
25 Nov 2016+6.8%
2 Dec 2016+16.0%
9 Dec 2016+15.0%
16 Dec 2016+13.8%
23 Dec 2016+10.8%
30 Dec 2016+7.0%
6 Jan 2017−2.4%
13 Jan 2017+1.8%
20 Jan 2017+2.6%
27 Jan 2017+4.8%
3 Feb 2017+2.8%
10 Feb 2017+0.8%
17 Feb 2017−1.5%
23 Feb 2017−2.1%
3 Mar 2017−8.0%
10 Mar 2017−10.8%
17 Mar 2017−11.5%
24 Mar 2017−11.1%
31 Mar 2017−5.3%
7 Apr 2017+0.8%
13 Apr 2017+4.5%
21 Apr 2017−0.2%
28 Apr 2017+1.9%
5 May 2017−2.7%
12 May 2017−5.1%
19 May 2017−6.8%
26 May 2017−12.5%
2 Jun 2017−14.7%
9 Jun 2017−11.9%
16 Jun 2017−10.9%
23 Jun 2017−8.7%
30 Jun 2017−14.2%
7 Jul 2017−19.8%
14 Jul 2017−20.2%
21 Jul 2017−19.2%
28 Jul 2017−19.2%
4 Aug 2017−11.0%
11 Aug 2017−19.6%
18 Aug 2017−14.1%
24 Aug 2017−8.4%
1 Sep 2017−1.9%
8 Sep 2017−8.6%
15 Sep 2017−6.6%
22 Sep 2017−4.2%
29 Sep 2017−4.2%
6 Oct 2017−5.4%
13 Oct 2017−10.9%
19 Oct 2017−7.1%
27 Oct 2017−14.5%
3 Nov 2017−11.3%
10 Nov 2017−5.4%
17 Nov 2017−11.2%
24 Nov 2017−9.7%
1 Dec 2017−6.9%
8 Dec 2017+2.4%
15 Dec 2017−1.6%
22 Dec 2017−0.1%
29 Dec 2017+2.8%
5 Jan 2018+9.8%
12 Jan 2018+29.4%
19 Jan 2018+12.3%
25 Jan 2018+19.8%
2 Feb 2018+2.5%
9 Feb 2018+18.2%
16 Feb 2018+13.6%
23 Feb 2018+11.1%
1 Mar 2018+5.5%
9 Mar 2018−6.8%
16 Mar 2018+0.5%
23 Mar 2018−5.5%
28 Mar 2018−4.1%
6 Apr 2018−9.0%
13 Apr 2018−19.6%
20 Apr 2018−7.6%
27 Apr 2018−6.8%
4 May 2018+6.1%
11 May 2018−0.7%
18 May 2018+1.6%
25 May 2018+3.3%
1 Jun 2018+3.5%
8 Jun 2018+8.6%
15 Jun 2018+5.6%
22 Jun 2018+10.7%
29 Jun 2018+5.8%
6 Jul 2018+4.5%
13 Jul 2018+7.5%
20 Jul 2018+0.3%
27 Jul 2018+1.9%
3 Aug 2018+16.3%
10 Aug 2018+28.0%
17 Aug 2018+43.3%
24 Aug 2018+36.8%
31 Aug 2018+38.1%
7 Sep 2018+65.4%
14 Sep 2018+63.6%
21 Sep 2018+51.4%
28 Sep 2018+40.8%
5 Oct 2018+37.0%
12 Oct 2018+48.0%
19 Oct 2018+57.6%
26 Oct 2018+43.3%
2 Nov 2018+39.5%
9 Nov 2018+26.6%
16 Nov 2018+9.8%
22 Nov 2018+14.5%
30 Nov 2018+9.1%
7 Dec 2018−11.7%
14 Dec 2018−11.8%
21 Dec 2018−4.8%
28 Dec 2018+1.2%
4 Jan 2019+4.1%
11 Jan 2019−8.3%
18 Jan 2019−12.8%
25 Jan 2019−7.7%
1 Feb 2019−10.3%
8 Feb 2019−14.8%
15 Feb 2019−9.7%
22 Feb 2019−7.7%
1 Mar 2019−3.8%
8 Mar 2019+2.7%
15 Mar 2019−2.9%
22 Mar 2019−6.6%
29 Mar 2019−6.1%
5 Apr 2019−4.7%
12 Apr 2019−1.5%
18 Apr 2019−4.6%
26 Apr 2019−4.3%
3 May 2019−8.8%
10 May 2019−12.8%
17 May 2019−20.8%
24 May 2019−18.6%
31 May 2019−16.8%
7 Jun 2019−14.4%
14 Jun 2019−8.0%
21 Jun 2019−8.6%
28 Jun 2019−5.3%
5 Jul 2019−3.5%
12 Jul 2019−6.6%
19 Jul 2019+0.4%
26 Jul 2019+4.3%
2 Aug 2019+3.0%
9 Aug 2019+9.0%
16 Aug 2019+22.6%
23 Aug 2019+14.4%
30 Aug 2019+14.5%
6 Sep 2019+13.6%
13 Sep 2019+12.6%
20 Sep 2019+9.3%
27 Sep 2019+1.3%
4 Oct 2019−23.1%
11 Oct 2019−21.4%
18 Oct 2019−27.5%
27 Oct 2019−29.4%
1 Nov 2019−37.4%
8 Nov 2019−36.7%
15 Nov 2019−41.6%
22 Nov 2019−44.3%
29 Nov 2019−44.7%
6 Dec 2019−43.6%
13 Dec 2019−48.7%
20 Dec 2019−40.5%
27 Dec 2019−36.8%
3 Jan 2020−13.9%
10 Jan 2020−18.7%
17 Jan 2020−6.8%
24 Jan 2020−14.1%
1 Feb 2020−12.0%
7 Feb 2020−10.0%
14 Feb 2020−12.2%
20 Feb 2020−1.9%
28 Feb 2020−7.5%
6 Mar 2020−8.5%
13 Mar 2020−11.0%
20 Mar 2020−18.7%
27 Mar 2020−20.9%
3 Apr 2020−27.7%
9 Apr 2020−20.0%
17 Apr 2020−17.0%
24 Apr 2020−16.6%
30 Apr 2020−9.3%
8 May 2020−15.3%
15 May 2020−10.5%
22 May 2020−19.7%
29 May 2020−19.6%
5 Jun 2020+15.4%
12 Jun 2020+17.8%
19 Jun 2020+39.9%
26 Jun 2020+28.6%
3 Jul 2020+51.8%
10 Jul 2020+30.3%
17 Jul 2020−0.1%
24 Jul 2020+4.4%
31 Jul 2020−4.6%
7 Aug 2020+4.4%
14 Aug 2020−1.0%
21 Aug 2020+13.1%
28 Aug 2020+11.2%
4 Sep 2020−29.6%
11 Sep 2020−26.2%
18 Sep 2020−22.5%
25 Sep 2020−17.9%
1 Oct 2020−25.3%
9 Oct 2020−30.0%
16 Oct 2020−27.3%
23 Oct 2020−19.3%
30 Oct 2020−22.9%
6 Nov 2020−26.8%
14 Nov 2020−24.4%
20 Nov 2020−20.3%
27 Nov 2020−25.9%
4 Dec 2020−24.7%
11 Dec 2020−16.9%
18 Dec 2020−16.7%
24 Dec 2020−15.1%
1 Jan 2021−12.2%
8 Jan 2021−12.0%
15 Jan 2021−4.1%
22 Jan 2021−11.7%
29 Jan 2021−13.4%
5 Feb 2021−5.9%
12 Feb 2021−1.1%
19 Feb 2021−2.0%
26 Feb 2021−2.4%
5 Mar 2021+9.8%
12 Mar 2021+5.3%
19 Mar 2021−2.5%
26 Mar 2021+2.1%
1 Apr 2021−3.3%
9 Apr 2021+2.1%
16 Apr 2021−3.5%
23 Apr 2021−5.7%
30 Apr 2021+0.9%
7 May 2021+5.7%
14 May 2021−1.7%
21 May 2021−6.9%
28 May 2021−2.0%
4 Jun 2021−8.1%
11 Jun 2021−5.8%
18 Jun 2021−6.7%
25 Jun 2021−1.7%
2 Jul 2021+1.9%
9 Jul 2021+10.1%
16 Jul 2021+8.0%
23 Jul 2021+4.9%
30 Jul 2021+9.8%
6 Aug 2021−1.4%
13 Aug 2021−3.2%
20 Aug 2021−9.9%
27 Aug 2021−10.7%
3 Sep 2021−15.7%
9 Sep 2021−17.6%
17 Sep 2021−15.9%
24 Sep 2021−19.3%
1 Oct 2021−18.0%
8 Oct 2021−23.1%
14 Oct 2021−20.0%
22 Oct 2021−18.8%
29 Oct 2021−20.9%
4 Nov 2021−18.2%
12 Nov 2021−13.2%
18 Nov 2021−5.2%
26 Nov 2021−3.0%
3 Dec 2021−1.7%
10 Dec 2021−1.0%
17 Dec 2021−1.3%
24 Dec 2021−1.7%
31 Dec 2021−7.7%
7 Jan 2022−10.8%
14 Jan 2022−8.2%
21 Jan 2022−2.9%
28 Jan 2022−8.9%
4 Feb 2022+1.3%
11 Feb 2022+0.4%
18 Feb 2022−0.1%
25 Feb 2022−2.9%
4 Mar 2022+0.1%
11 Mar 2022+4.9%
17 Mar 2022+29.5%
25 Mar 2022+28.9%
1 Apr 2022+49.7%
8 Apr 2022+57.4%
13 Apr 2022+67.3%
22 Apr 2022+64.7%
29 Apr 2022+65.9%
6 May 2022+58.7%
13 May 2022+46.8%
20 May 2022+64.0%
27 May 2022+54.4%
3 Jun 2022+59.7%
10 Jun 2022+47.8%
17 Jun 2022+15.3%
24 Jun 2022+13.1%
1 Jul 2022+8.5%
8 Jul 2022+8.0%
15 Jul 2022−6.7%
22 Jul 2022−1.7%
29 Jul 2022+0.4%
5 Aug 2022+3.2%
12 Aug 2022+22.5%
19 Aug 2022+15.0%
26 Aug 2022+35.8%
2 Sep 2022+34.2%
9 Sep 2022+31.7%
16 Sep 2022+33.5%
23 Sep 2022+40.7%
30 Sep 2022+29.7%
7 Oct 2022+25.5%
14 Oct 2022+29.5%
21 Oct 2022+28.5%
28 Oct 2022+34.6%
4 Nov 2022+17.4%
11 Nov 2022+4.5%
18 Nov 2022−5.7%
25 Nov 2022−11.1%
2 Dec 2022−17.7%
9 Dec 2022−9.9%
16 Dec 2022−4.7%
23 Dec 2022−20.2%
30 Dec 2022−7.9%
6 Jan 2023−9.5%
13 Jan 2023−6.7%
20 Jan 2023−7.3%
27 Jan 2023−10.7%
3 Feb 2023−3.1%
10 Feb 2023+2.3%
17 Feb 2023+8.1%
24 Feb 2023+6.9%
3 Mar 2023+7.8%
10 Mar 2023+6.8%
17 Mar 2023+1.6%
24 Mar 2023+17.3%
31 Mar 2023+3.0%
6 Apr 2023+5.6%
13 Apr 2023+14.1%
21 Apr 2023+11.4%
28 Apr 2023+7.6%
5 May 2023+1.6%
12 May 2023+2.5%
19 May 2023−2.3%
26 May 2023−5.8%
2 Jun 2023−3.9%
9 Jun 2023−11.7%
16 Jun 2023−7.3%
23 Jun 2023−12.6%
30 Jun 2023−11.6%
7 Jul 2023−12.9%
14 Jul 2023−23.6%
21 Jul 2023−21.5%
28 Jul 2023−18.0%
4 Aug 2023−19.9%
11 Aug 2023−20.3%
18 Aug 2023−13.0%
25 Aug 2023−4.4%
1 Sep 2023−5.6%
8 Sep 2023+16.6%
15 Sep 2023+32.7%
22 Sep 2023+35.0%
29 Sep 2023+39.5%
6 Oct 2023+34.3%
13 Oct 2023+53.2%
20 Oct 2023+43.1%
27 Oct 2023+39.2%
3 Nov 2023+32.7%
12 Nov 2023+30.1%
17 Nov 2023+26.1%
24 Nov 2023+19.9%
1 Dec 2023+17.7%
8 Dec 2023−1.8%
15 Dec 2023−11.2%
22 Dec 2023−11.5%
29 Dec 2023−11.0%
5 Jan 2024−10.9%
12 Jan 2024−20.5%
20 Jan 2024−12.4%
25 Jan 2024−14.4%
2 Feb 2024−11.2%
9 Feb 2024−18.4%
16 Feb 2024−20.7%
23 Feb 2024−15.4%
2 Mar 2024−11.9%
7 Mar 2024−13.4%
15 Mar 2024−18.6%
22 Mar 2024−20.0%
28 Mar 2024−26.7%
5 Apr 2024−20.8%
12 Apr 2024−19.7%
19 Apr 2024−28.3%
26 Apr 2024−18.6%
3 May 2024−12.5%
10 May 2024−5.7%
18 May 2024−8.5%
24 May 2024−11.1%
31 May 2024−13.3%
7 Jun 2024−14.6%
14 Jun 2024−1.4%
21 Jun 2024+0.6%
28 Jun 2024+6.0%
5 Jul 2024+8.7%
12 Jul 2024+3.8%
19 Jul 2024+5.8%
26 Jul 2024−3.9%
2 Aug 2024−1.2%
9 Aug 2024−2.9%
16 Aug 2024−9.0%
23 Aug 2024−1.9%
30 Aug 2024+0.4%
6 Sep 2024+4.1%
13 Sep 2024−13.0%
20 Sep 2024−15.5%
27 Sep 2024−12.2%
4 Oct 2024−17.1%
11 Oct 2024−15.4%
18 Oct 2024−10.6%
25 Oct 2024−14.2%
1 Nov 2024−12.1%
8 Nov 2024−8.3%
14 Nov 2024−4.8%
22 Nov 2024−13.8%
29 Nov 2024−10.0%
6 Dec 2024−7.5%
13 Dec 2024−1.5%
20 Dec 2024+1.4%
27 Dec 2024−2.7%
3 Jan 2025−2.8%
10 Jan 2025−1.9%
17 Jan 2025−5.2%
24 Jan 2025−1.9%
1 Feb 2025−11.2%
7 Feb 2025−7.7%
14 Feb 2025−9.1%
21 Feb 2025−8.3%
28 Feb 2025−10.9%
7 Mar 2025−13.7%
13 Mar 2025−21.2%
21 Mar 2025−20.2%
28 Mar 2025−22.8%
4 Apr 2025−18.5%
11 Apr 2025−21.4%
17 Apr 2025−19.7%
25 Apr 2025−17.2%
2 May 2025−13.9%
9 May 2025−23.3%
16 May 2025−12.1%
23 May 2025−9.0%
30 May 2025−10.8%
6 Jun 2025−13.2%
13 Jun 2025+4.5%
20 Jun 2025−0.8%
27 Jun 2025+9.5%
4 Jul 2025+10.8%
11 Jul 2025+5.3%
18 Jul 2025+3.8%
25 Jul 2025−0.5%
1 Aug 2025+2.4%
8 Aug 2025+4.7%
14 Aug 2025−5.5%
22 Aug 2025−5.4%
29 Aug 2025+0.4%
5 Sep 2025+2.3%
12 Sep 2025−2.3%
19 Sep 2025+0.5%
26 Sep 2025−6.0%
3 Oct 2025−1.4%
10 Oct 2025−2.4%
17 Oct 2025−7.5%
24 Oct 2025−3.6%
31 Oct 2025−5.4%
7 Nov 2025−8.1%
14 Nov 2025−9.1%
21 Nov 2025−11.2%
28 Nov 2025−15.3%
5 Dec 2025−16.1%
12 Dec 2025−15.9%
19 Dec 2025−16.8%
26 Dec 2025−16.2%
2 Jan 2026−24.9%
9 Jan 2026−19.6%
16 Jan 2026−13.3%
23 Jan 2026−15.2%
1 Feb 2026−16.1%
6 Feb 2026−11.1%
13 Feb 2026−1.1%
20 Feb 2026+0.5%
27 Feb 2026+5.7%
6 Mar 2026+2.9%
13 Mar 2026−1.7%
20 Mar 2026−1.0%
27 Mar 2026+0.9%
2 Apr 2026−3.0%
10 Apr 2026+2.3%
17 Apr 2026+4.8%
24 Apr 2026+5.7%
30 Apr 2026+4.7%
8 May 2026+11.3%
15 May 2026−0.6%
22 May 2026−4.3%
29 May 2026−9.0%
4 Jun 2026−6.5%
5 Jun 2026−2.5%
10 Jun 2026−3.3%
12 Jun 2026−4.4%
17 Jun 2026+0.7%
19 Jun 2026−2.4%
24 Jun 2026−5.6%
25 Jun 2026−4.7%
1 Jul 2026−6.0%
3 Jul 2026−13.1%
10 Jul 2026−8.4%
17 Jul 2026−6.9%
24 Jul 2026−4.3%
31 Jul 2026−5.3%
7 Aug 2026−8.4%
14 Aug 2026−7.5%
21 Aug 2026−6.0%
28 Aug 2026−5.2%
4 Sep 2026+1.4%
11 Sep 2026+15.3%
18 Sep 2026+18.5%
25 Sep 2026+20.4%
28 Sep 2026+22.6%
1 Oct 2026+21.4%
9 Oct 2026+16.9%
16 Oct 2026+14.3%
23 Oct 2026+10.7%
30 Oct 2026+19.3%
4 Nov 2026+14.6%
Each bar is one week, from 2016 to now (550 weeks with a reading). Green means the stock's return over the previous 13 weeks beat the NIFTY 500; red means it trailed. The colour is strongest at a gap of 25 percentage points or more. A gap means there is no reading for that week.

Over the last 11 years the share price moved +6% while the NIFTY 500 moved +251%, so it is behind the index over that whole period. The chart above shows the 13-week comparison for every week.

This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.

What changed at Andhra Paper this quarter?

6 points on a year earlier and revenue up on a year earlier for 4 quarters in a row.

  1. Operating margin up 8.6 points on a year earlier

    6.8% in the September 2026 quarter, from -1.9%.

  2. Revenue up on a year earlier for 4 quarters in a row

    In the September 2026 quarter revenue was ₹426 crore, +17.7% on a year earlier.

What are Andhra Paper's latest quarterly results?

For July to September 2026 (the quarter ended 30 September 2026), Andhra Paper reported revenue of ₹426 crore, up 17.7% from ₹362 crore a year earlier, and a profit of ₹4.27 crore, against a loss of ₹20.3 crore a year earlier.

Andhra Paper results: July to September 2026 against a year earlier

Andhra Paper results: July to September 2026 against a year earlier
MeasureJuly to September 2026July to September 2025Change
Revenue₹426 crore₹362 crore+17.7%
Profit₹4.27 croreloss of ₹20.3 crore—
Earnings per share₹0.21₹−1.02—
Operating margin6.8%−1.9%+8.6 points

The next results, for October to December 2026, are due by 14 February 2027: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter).

From the company's reported quarterly results (quarter ended 30 September 2026). Revenue and profit in ₹ crore.

What is the Andhra Paper share price history?

Andhra Paper closed at ₹64.11 on 4 November 2026, down 12.9% from ₹73.64 a year earlier (7 November 2025) and up 36.5% over five years. Its highest weekly close since March 2016 was ₹128.74 on 13 October 2023.

Andhra Paper share price: then and now

Andhra Paper share price: then and now
WhenCloseChange to 4 Nov 2026
1 week ago · 30 Oct 2026₹66.80−4.0%
1 month ago · 1 Oct 2026₹71.36−10.2%
6 months ago · 8 May 2026₹69.20−7.4%
1 year ago · 7 Nov 2025₹73.64−12.9%
3 years ago · 3 Nov 2023₹111.02−42.3%
5 years ago · 4 Nov 2021₹46.97+36.5%
10 years ago · 4 Nov 2016₹58.22+10.1%
Earliest weekly close in our records · 11 Mar 2016₹60.75+5.5%
Highest weekly close since March 2016 · 13 Oct 2023₹128.74−50.2%
Lowest weekly close since March 2016 · 3 Apr 2020₹26.96+137.8%
52-week high (weekly close) · 18 Sep 2026₹74.62−14.1%
52-week low (weekly close) · 27 Mar 2026₹59.01+8.6%

Weekly closing prices, adjusted for splits and bonuses so every price is on today’s share count. Each change is the move from that price to the 4 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes.

563 weekly closes from 11 March 2016 to 4 November 2026.

What is the latest news on Andhra Paper?

4 Nov 2026: Andhra Paper closed at ₹64.11, down 4.0% on the week and down 10.2% on the month. Results for July to September 2026: Revenue up 17.7% on a year earlier.

Earlier

  • 4 Aug 2026: ex-date for a dividend of ₹0.50 a share.
  • 11 Sep 2024: Share split: face value cut from ₹10 to ₹2 a share (ex-date).

What dividend does Andhra Paper pay?

Andhra Paper paid ₹0.50 a share in regular dividends in the 12 months to 5 November 2026 (1 payment), a yield of 0.78% at the ₹64.11 close on 4 November 2026. The last was a dividend of ₹0.50 a share, ex-date 4 August 2026.

Andhra Paper dividends since 1 April 2021

Andhra Paper dividends since 1 April 2021
Ex-dateDividend per shareTypeRecord date
4 Aug 2026Dividend₹0.50Dividendsame day
1 Aug 2025Dividend₹1Dividendsame day
5 Aug 2024Dividend₹10Dividendsame day
4 Aug 2023Dividend₹12.50Dividendsame day
4 Aug 2022Dividend₹7.50Dividend5 Aug 2022
29 Jul 2021Dividend₹5Dividend30 Jul 2021

Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date.

5 of 5Of the last 5 financial years, years with an NSE dividend record

Yes. Andhra Paper Ltd paid out 53% of its profit as dividends in FY26, and it paid a dividend in 5 of its last 13 reported years. One of those years shows a negative figure because profit itself was negative.

From the NSE corporate-actions record, read 5 November 2026.

Which stock lists is Andhra Paper on?

Andhra Paper is on 2 of our India lists: Momentum stocks and Penny stocks.

Is Andhra Paper profitable?

Andhra Paper Ltd earned ₹4.3 Cr of net profit in the Sep 2026 quarter. Full-year FY26 profit was ₹19.0 Cr. Over 10 years profit has grown −6.4% a year on average. That is 1.0% of the quarter's revenue. The same quarter a year earlier lost ₹20.3 Cr. 1 of the last 12 reported quarters were loss-making.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

For the full year, FY26 profit was ₹19.0 Cr (−78.7% on the year before).

FY26 profit ₹19.0 Cr (−78.7% on the year before), −6.4% a year over 10 years

  • Net profit ₹19.0
FY26 profit ₹19.0 Cr (−78.7% on the year before), −6.4% a year over 10 years
QuarterNet profit
FY16₹37
FY17₹32
FY18₹83
FY19₹200
FY20₹213
FY21−₹5
FY22₹140
FY23₹522
FY24₹340
FY25₹89
FY26₹19

Growth on a year earlier

  • Growth on a year earlier −78.7%
Growth on a year earlier
QuarterGrowth on a year earlier
FY16–
FY17−13.5%
FY18159.4%
FY19141%
FY206.5%
FY21−102.3%
FY22–
FY23272.9%
FY24−34.9%
FY25−73.8%
FY26−78.7%
Top: net profit each year, ₹ Cr. Below: growth on the year before, %. 11-year window. A grey bar is lower than the year before.

Sep 2026: ₹4.3 Cr

  • Net profit (quarterly) ₹4.3
Sep 2026: ₹4.3 Cr
QuarterNet profit (quarterly)
Dec 2023₹82
Mar 2024₹38
Jun 2024₹28
Sep 2024₹42
Dec 2024₹12
Mar 2025₹8
Jun 2025₹21
Sep 2025−₹20
Dec 2025₹10
Mar 2026₹8
Jun 2026₹30
Sep 2026₹4

Growth on a year earlier

  • Growth on a year earlier 42.3%
Growth on a year earlier
QuarterGrowth on a year earlier
Dec 2023−51.5%
Mar 2024−75%
Jun 2024−76.7%
Sep 2024−58.4%
Dec 2024−85.9%
Mar 2025−79.6%
Jun 2025−23%
Sep 2025−148.6%
Dec 2025−15.5%
Mar 2026−1.7%
Jun 202642.3%
Sep 2026–
Top: net profit each quarter, ₹ Cr. Below: growth on the same quarter a year earlier, %. Last 12 quarters. A grey bar is lower than the quarter before.

On average over the last four quarters, profit changed +8.4% and revenue +13.9%. Profit is growing slower than sales: rising costs are taking part of the growth.

How much revenue does Andhra Paper make, and is it growing?

Andhra Paper Ltd reported ₹426 Cr of revenue in the Sep 2026 quarter, +17.7% on the same quarter a year earlier. That is the 4th quarter in a row with growth on the year before. Over 10 years it has grown 4.2% a year on average. The last full year, FY26, came in at ₹1,701 Cr.

Revenue is everything the company billed its customers in the period.

The last four reported quarters add to ₹1,766 Cr.

FY26 revenue was ₹1,701 Cr, +10.4% on the year before.

FY26 revenue ₹1,701 Cr (+10.4% on the year before), 4.2% a year over 10 years

  • Revenue ₹1,701
FY26 revenue ₹1,701 Cr (+10.4% on the year before), 4.2% a year over 10 years
QuarterRevenue
FY16₹1,124
FY17₹1,172
FY18₹1,264
FY19₹1,427
FY20₹1,270
FY21₹887
FY22₹1,380
FY23₹2,098
FY24₹1,801
FY25₹1,541
FY26₹1,701

Growth on a year earlier

  • Growth on a year earlier 10.4%
Growth on a year earlier
QuarterGrowth on a year earlier
FY16−3.4%
FY174.3%
FY187.8%
FY1912.9%
FY20−11%
FY21−30.2%
FY2255.6%
FY2352%
FY24−14.2%
FY25−14.4%
FY2610.4%
Top: revenue each year, ₹ Cr. Below: growth on the year before, %. 11-year window. A grey bar is lower than the year before.

Sep 2026: ₹426 Cr (+17.7% on a year earlier), the 4th quarter in a row of growth

  • Revenue (quarterly) ₹426
Sep 2026: ₹426 Cr (+17.7% on a year earlier), the 4th quarter in a row of growth
QuarterRevenue (quarterly)
Dec 2023₹477
Mar 2024₹364
Jun 2024₹316
Sep 2024₹432
Dec 2024₹386
Mar 2025₹407
Jun 2025₹393
Sep 2025₹362
Dec 2025₹419
Mar 2026₹527
Jun 2026₹394
Sep 2026₹426

Growth on a year earlier

  • Growth on a year earlier 17.7%
Growth on a year earlier
QuarterGrowth on a year earlier
Dec 2023−16.5%
Mar 2024−38.3%
Jun 2024−33.9%
Sep 2024−10.3%
Dec 2024−19.1%
Mar 202511.8%
Jun 202524.5%
Sep 2025−16.2%
Dec 20258.6%
Mar 202629.4%
Jun 20260.1%
Sep 202617.7%
Top: revenue each quarter, ₹ Cr. Below: growth on the same quarter a year earlier, %. Last 12 quarters. A grey bar is lower than the quarter before.

Recent pace: the last four quarters grew +13.9% on average, against 4.2% a year over the longer run, so this year is growing faster than its own long-run rate.

Is growth speeding up? Revenue over the last 12 months grew +14.0%, against +5.4% a year over the last 8 quarters (accelerating); profit over the last 12 months grew +153.8%, against −47.6% a year (accelerating).

How much of every ₹100 of sales does Andhra Paper keep?

Andhra Paper Ltd's operating margin was 6.8% in the Sep 2026 quarter, 8.6 percentage points higher than the same quarter a year ago. Across 13 years it has been between 4.0% and 35.0%. The latest quarter is within that range.

Operating margin is what is left from every ₹100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.

Why the margin moved: operating margin changed +8.6 percentage points on the year while gross margin changed +4.9 points. So the gain came mostly from costs below the gross margin, such as staff and overheads, measured against sales.

FY26: 4.0%, within a range of 4.0% to 35.0% over 13 years

  • Operating margin 4.0%
FY26: 4.0%, within a range of 4.0% to 35.0% over 13 years
QuarterOperating margin
FY146%
FY158%
FY1612%
FY1715%
FY1818%
FY1927%
FY2024%
FY217%
FY2216%
FY2335%
FY2424%
FY259%
FY264%

Change on the year before (points)

  • Change on the year before (points) −5.0 pts
Change on the year before (points)
QuarterChange on the year before (points)
FY14–
FY15+2.0 pts
FY16+4.0 pts
FY17+3.0 pts
FY18+3.0 pts
FY19+9.0 pts
FY20−3.0 pts
FY21−17.0 pts
FY22+9.0 pts
FY23+19.0 pts
FY24−11.0 pts
FY25−15.0 pts
FY26−5.0 pts
Operating margin each year, % (top). Below: change on the year before, in percentage points. 13-year window.

Sep 2026: operating margin 6.8% (+8.6 points on a year earlier)

  • Operating margin 6.77%
Sep 2026: operating margin 6.8% (+8.6 points on a year earlier)
QuarterOperating margin
Dec 202323%
Mar 20249.68%
Jun 202410.66%
Sep 202412.1%
Dec 20247.34%
Mar 20254.98%
Jun 20258.54%
Sep 2025−1.88%
Dec 20253.68%
Mar 20264.76%
Jun 202612.39%
Sep 20266.77%

Change on a year earlier (points)

  • Change on a year earlier (points) +8.6 pts
Change on a year earlier (points)
QuarterChange on a year earlier (points)
Dec 2023−18.5 pts
Mar 2024−29.1 pts
Jun 2024−21.3 pts
Sep 2024−15.1 pts
Dec 2024−15.7 pts
Mar 2025−4.7 pts
Jun 2025−2.1 pts
Sep 2025−14.0 pts
Dec 2025−3.7 pts
Mar 2026−0.2 pts
Jun 2026+3.9 pts
Sep 2026+8.6 pts
Top: quarterly operating margin, %. Below: change on the same quarter a year earlier, in percentage points. Last 12 quarters. Operating profit as a share of revenue, each quarter.

Is Andhra Paper's profit turning into cash?

Over the last 3 years, 82% of Andhra Paper Ltd's reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 it brought in ₹104 Cr of operating cash against ₹19.0 Cr of profit.

The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.

After ₹332 Cr of spending on assets, free cash was −₹228 Cr: it spent more than its operations brought in.

Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.

FY26: operating cash ₹104 Cr against profit ₹19.0 Cr; 82% of 3 years' profit came in as cash

  • Operating cash ₹104
  • Net profit ₹19.0
  • Free cash −₹228
FY26: operating cash ₹104 Cr against profit ₹19.0 Cr; 82% of 3 years' profit came in as cash
QuarterOperating cashNet profitFree cash
FY16₹111₹37₹50
FY17₹172₹32₹138
FY18₹215₹83₹204
FY19₹310₹200₹273
FY20₹177₹213₹134
FY21₹104−₹5₹85
FY22₹202₹140₹165
FY23₹536₹522₹460
FY24₹319₹340−₹50
FY25−₹55₹89–
FY26₹104₹19−₹228
Operating cash flow and net profit each year, ₹ Cr. The line is free cash flow: operating cash minus spending on assets. 11-year window, yearly figures. FY25 was an acquisition year, so its point is cut off at the edge.

FY26: operating cash was 547% of profit (82% over three years)

  • Operating cash as % of profit 300%
  • Break-even line 100%
FY26: operating cash was 547% of profit (82% over three years)
QuarterOperating cash as % of profitBreak-even line
FY16300%100%
FY17300%100%
FY18259%100%
FY19155%100%
FY2083%100%
FY21–100%
FY22144%100%
FY23103%100%
FY2494%100%
FY25−62%100%
FY26300%100%
Operating cash as a share of net profit, each year, % (line). The flat line marks 100%, meaning all of the profit came in as cash; unusual years are drawn at the edge.

Why 82% of profit came in as cash: the cash cycle stayed about the same between FY21 and FY26, so the cash follows profit, not the cycle.

What to look at next: the bigger use of cash is spending on new assets, at 3.6× depreciation over three years. The next section checks what that spending is building.

Where does Andhra Paper's cash go?

Andhra Paper Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 68 days in FY26, up from 66 days in FY21. It spent ₹934 Cr on assets over the last 3 years. Customers take 33 days to pay, and stock sits for 87 days on average.

Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.

At FY26 sales of ₹1,701 Cr, each day of that cycle ties up about ₹4.7 Cr, so roughly ₹317 Cr is tied up in the business at any time.

FY26: customers took 33 days to pay and stock sat for 87 days, about 2.9 months of sales sitting as stock, for a full cycle of 68 days, longer than FY21's 66.

The full loop: cash goes out to suppliers and production on day 0. Stock sits for 87 days. Customers pay about 33 days after that. Suppliers are paid at 53 days. Together that makes the 68-day cycle.

FY26: a 68-day cash cycle, +2 days compared with FY21

  • Cash cycle 68d
  • Inventory days 87d
  • Debtor days 33d
  • Payable days 53d
FY26: a 68-day cash cycle, +2 days compared with FY21
QuarterCash cycleInventory daysDebtor daysPayable days
FY1471d172d20d121d
FY1552d141d20d110d
FY1664d151d23d110d
FY1754d131d21d99d
FY1837d113d20d97d
FY198d120d19d130d
FY20102d216d12d125d
FY2166d169d31d134d
FY2217d80d27d89d
FY2316d77d26d87d
FY2416d102d12d98d
FY2578d127d26d75d
FY2668d87d33d53d
Debtor days, inventory days, payable days and the full cash cycle, each year. 13-year window.

Spending on assets: ₹934 Cr over the last 3 years, against ₹261 Cr of depreciation (the yearly wear and tear on existing assets). So it is building well beyond replacing what wears out. Work still in progress is ₹279 Cr (FY26): assets paid for that are not earning yet.

FY26: capex ₹332 Cr, work in progress ₹279 Cr, a build-out

  • Capex ₹332
  • Work-in-progress ₹279
FY26: capex ₹332 Cr, work in progress ₹279 Cr, a build-out
QuarterCapexWork-in-progress
FY16₹61₹17
FY17₹34₹3
FY18₹11₹4
FY19₹37₹8
FY20₹43₹2
FY21₹19₹9
FY22₹37₹8
FY23₹76₹29
FY24₹369₹114
FY25₹233₹30
FY26₹332₹279
Capital spending each year, ₹ Cr, with work in progress, ₹ Cr, as the line. Quarterly capital-spending figures are not available for India, so this is yearly.

In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns.

What is Andhra Paper's P/E ratio, and how does it compare with its own history?

Andhra Paper Ltd's P/E is 24.5×, near the high end of its own history: higher than 78% of past readings. Its usual P/E (the middle reading) is 11.8×, over 11 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.

P/E is the share price divided by a year's profit per share: how many rupees the market pays for each rupee of yearly profit.

P/E 24.5× against a usual 11.8×: near the high end of its own history: higher than 78% of past readings

  • P/E 25.5×
  • Median 11.8×
P/E 24.5× against a usual 11.8×: near the high end of its own history: higher than 78% of past readings
WeekP/EMedian
11 Mar 201635.4×11.8×
1 Apr 201635.4×11.8×
22 Apr 201635.4×11.8×
13 May 201635.4×11.8×
3 Jun 201635.4×11.8×
24 Jun 201635.4×11.8×
15 Jul 201635.4×11.8×
5 Aug 201635.4×11.8×
26 Aug 201635.4×11.8×
16 Sep 201635.4×11.8×
7 Oct 201635.4×11.8×
30 Oct 201635.4×11.8×
18 Nov 201635.4×11.8×
9 Dec 201635.4×11.8×
30 Dec 201635.4×11.8×
20 Jan 201735.4×11.8×
10 Feb 201735.4×11.8×
3 Mar 201735.4×11.8×
24 Mar 201735.4×11.8×
13 Apr 201726.2×11.8×
5 May 201724.3×11.8×
26 May 201722.5×11.8×
16 Jun 201722.0×11.8×
7 Jul 201719.0×11.8×
28 Jul 201720.1×11.8×
18 Aug 201718.6×11.8×
8 Sep 201718.6×11.8×
29 Sep 201718.2×11.8×
19 Oct 201715.9×11.8×
10 Nov 201714.8×11.8×
1 Dec 201715.5×11.8×
22 Dec 201717.1×11.8×
12 Jan 201821.2×11.8×
2 Feb 201816.3×11.8×
23 Feb 201817.1×11.8×
16 Mar 201815.9×11.8×
6 Apr 201816.2×11.8×
27 Apr 201817.4×11.8×
18 May 201814.4×11.8×
8 Jun 201814.4×11.8×
29 Jun 201814.2×11.8×
20 Jul 201814.1×11.8×
10 Aug 201816.4×11.8×
31 Aug 201817.1×11.8×
21 Sep 201818.1×11.8×
12 Oct 201817.0×11.8×
2 Nov 201814.5×11.8×
22 Nov 201814.0×11.8×
14 Dec 201812.9×11.8×
4 Jan 201912.7×11.8×
25 Jan 201911.9×11.8×
15 Feb 20199.60×11.8×
8 Mar 201910.4×11.8×
29 Mar 20199.80×11.8×
18 Apr 201910.0×11.8×
10 May 20198.00×11.8×
31 May 20198.30×11.8×
21 Jun 20198.30×11.8×
12 Jul 20198.40×11.8×
2 Aug 20197.90×11.8×
23 Aug 20198.00×11.8×
13 Sep 20198.10×11.8×
4 Oct 20195.80×11.8×
27 Oct 20196.10×11.8×
15 Nov 20196.30×11.8×
6 Dec 20195.90×11.8×
27 Dec 20196.00×11.8×
17 Jan 20206.80×11.8×
7 Feb 20206.40×11.8×
28 Feb 20205.60×11.8×
20 Mar 20203.20×11.8×
9 Apr 20203.50×11.8×
30 Apr 20204.20×11.8×
22 May 20203.60×11.8×
12 Jun 20204.20×11.8×
3 Jul 20204.40×11.8×
24 Jul 20204.20×11.8×
14 Aug 20206.60×11.8×
4 Sep 20206.40×11.8×
25 Sep 20205.90×11.8×
16 Oct 20205.50×11.8×
6 Nov 20207.00×11.8×
27 Nov 20207.30×11.8×
18 Dec 20208.10×11.8×
8 Jan 20217.90×11.8×
29 Jan 202113.6×11.8×
19 Feb 202115.6×11.8×
12 Mar 202115.7×11.8×
1 Apr 202114.8×11.8×
23 Apr 202114.2×11.8×
30 Jul 202122.1×11.8×
20 Aug 202119.4×11.8×
9 Sep 202119.7×11.8×
1 Oct 202119.8×11.8×
22 Oct 202119.8×11.8×
12 Nov 202111.4×11.8×
3 Dec 202111.2×11.8×
24 Dec 202110.8×11.8×
14 Jan 202210.7×11.8×
4 Feb 20228.00×11.8×
25 Feb 20227.30×11.8×
17 Mar 20229.90×11.8×
8 Apr 202211.7×11.8×
29 Apr 202211.6×11.8×
20 May 202210.0×11.8×
10 Jun 20229.20×11.8×
1 Jul 20229.00×11.8×
22 Jul 20229.50×11.8×
12 Aug 20228.40×11.8×
2 Sep 20229.80×11.8×
23 Sep 20228.80×11.8×
14 Oct 20228.70×11.8×
4 Nov 20226.40×11.8×
25 Nov 20225.90×11.8×
16 Dec 20225.90×11.8×
6 Jan 20235.70×11.8×
27 Jan 20235.60×11.8×
17 Feb 20234.10×11.8×
10 Mar 20234.00×11.8×
31 Mar 20233.90×11.8×
21 Apr 20234.30×11.8×
12 May 20233.50×11.8×
2 Jun 20233.30×11.8×
23 Jun 20233.10×11.8×
14 Jul 20233.10×11.8×
4 Aug 20232.90×11.8×
25 Aug 20233.20×11.8×
15 Sep 20234.20×11.8×
6 Oct 20234.10×11.8×
27 Oct 20234.10×11.8×
17 Nov 20234.10×11.8×
8 Dec 20234.10×11.8×
29 Dec 20234.40×11.8×
20 Jan 20244.50×11.8×
9 Feb 20244.50×11.8×
2 Mar 20244.50×11.8×
22 Mar 20244.20×11.8×
12 Apr 20244.30×11.8×
3 May 20244.50×11.8×
24 May 20246.10×11.8×
14 Jun 20246.60×11.8×
5 Jul 20247.10×11.8×
26 Jul 20246.80×11.8×
16 Aug 20248.30×11.8×
6 Sep 20249.00×11.8×
27 Sep 20248.50×11.8×
18 Oct 20248.10×11.8×
8 Nov 202410.2×11.8×
29 Nov 202410.3×11.8×
20 Dec 202410.1×11.8×
10 Jan 20259.50×11.8×
1 Feb 20258.90×11.8×
21 Feb 202512.7×11.8×
13 Mar 202511.6×11.8×
4 Apr 202511.6×11.8×
25 Apr 202512.4×11.8×
16 May 202517.3×11.8×
6 Jun 202517.3×11.8×
27 Jun 202518.6×11.8×
18 Jul 202535.4×11.8×
8 Aug 202518.3×11.8×
29 Aug 202518.7×11.8×
19 Sep 202519.0×11.8×
10 Oct 202519.1×11.8×
31 Oct 202518.7×11.8×
21 Nov 202535.4×11.8×
12 Dec 202535.4×11.8×
2 Jan 202635.4×11.8×
23 Jan 202635.4×11.8×
13 Feb 202635.4×11.8×
6 Mar 202635.4×11.8×
27 Mar 202635.4×11.8×
17 Apr 202635.4×11.8×
8 May 202635.4×11.8×
29 May 202635.4×11.8×
10 Jun 202635.4×11.8×
19 Jun 202635.4×11.8×
1 Jul 202635.4×11.8×
17 Jul 202635.4×11.8×
21 Aug 202635.4×11.8×
11 Sep 202635.4×11.8×
28 Sep 202635.4×11.8×
16 Oct 202635.4×11.8×
30 Oct 202625.5×11.8×

Earnings per share, 12 months

  • Earnings per share, 12 months ₹3
Earnings per share, 12 months
WeekEarnings per share, 12 months
11 Mar 2016–
1 Apr 2016₹1
22 Apr 2016₹1
13 May 2016₹1
3 Jun 2016₹1
24 Jun 2016₹1
15 Jul 2016₹1
5 Aug 2016₹1
26 Aug 2016₹1
16 Sep 2016₹1
7 Oct 2016₹1
30 Oct 2016₹1
18 Nov 2016₹1
9 Dec 2016₹1
30 Dec 2016₹1
20 Jan 2017₹1
10 Feb 2017₹1
3 Mar 2017₹1
24 Mar 2017₹3
13 Apr 2017₹3
5 May 2017₹3
26 May 2017₹3
16 Jun 2017₹3
7 Jul 2017₹3
28 Jul 2017₹3
18 Aug 2017₹3
8 Sep 2017₹3
29 Sep 2017₹3
19 Oct 2017₹3
10 Nov 2017₹3
1 Dec 2017₹3
22 Dec 2017₹4
12 Jan 2018₹4
2 Feb 2018₹4
23 Feb 2018₹4
16 Mar 2018₹4
6 Apr 2018₹4
27 Apr 2018₹4
18 May 2018₹4
8 Jun 2018₹4
29 Jun 2018₹4
20 Jul 2018₹4
10 Aug 2018₹4
31 Aug 2018₹4
21 Sep 2018₹6
12 Oct 2018₹6
2 Nov 2018₹6
22 Nov 2018₹6
14 Dec 2018₹6
4 Jan 2019₹7
25 Jan 2019₹7
15 Feb 2019₹7
8 Mar 2019₹7
29 Mar 2019₹9
18 Apr 2019₹9
10 May 2019₹9
31 May 2019₹9
21 Jun 2019₹10
12 Jul 2019₹10
2 Aug 2019₹10
23 Aug 2019₹10
13 Sep 2019₹10
4 Oct 2019₹11
27 Oct 2019₹11
15 Nov 2019₹11
6 Dec 2019₹11
27 Dec 2019₹10
17 Jan 2020₹10
7 Feb 2020₹10
28 Feb 2020₹10
20 Mar 2020₹9
9 Apr 2020₹9
30 Apr 2020₹9
22 May 2020₹9
12 Jun 2020₹9
3 Jul 2020₹11
24 Jul 2020₹11
14 Aug 2020₹11
4 Sep 2020₹11
25 Sep 2020₹7
16 Oct 2020₹7
6 Nov 2020₹7
27 Nov 2020₹7
18 Dec 2020₹5
8 Jan 2021₹5
29 Jan 2021₹5
19 Feb 2021₹5
12 Mar 2021₹5
1 Apr 2021₹3
23 Apr 2021₹3
30 Jul 2021₹3
20 Aug 2021₹3
9 Sep 2021₹3
1 Oct 2021₹2
22 Oct 2021₹2
12 Nov 2021₹2
3 Dec 2021₹2
24 Dec 2021₹4
14 Jan 2022₹4
4 Feb 2022₹4
25 Feb 2022₹4
17 Mar 2022₹6
8 Apr 2022₹6
29 Apr 2022₹6
20 May 2022₹6
10 Jun 2022₹6
1 Jul 2022₹7
22 Jul 2022₹7
12 Aug 2022₹7
2 Sep 2022₹7
23 Sep 2022₹10
14 Oct 2022₹10
4 Nov 2022₹10
25 Nov 2022₹10
16 Dec 2022₹10
6 Jan 2023₹15
27 Jan 2023₹15
17 Feb 2023₹15
10 Mar 2023₹15
31 Mar 2023₹21
21 Apr 2023₹21
12 May 2023₹21
2 Jun 2023₹21
23 Jun 2023₹27
14 Jul 2023₹27
4 Aug 2023₹27
25 Aug 2023₹27
15 Sep 2023₹27
6 Oct 2023₹28
27 Oct 2023₹28
17 Nov 2023₹28
8 Dec 2023₹28
29 Dec 2023₹28
20 Jan 2024₹28
9 Feb 2024₹28
2 Mar 2024₹28
22 Mar 2024₹24
12 Apr 2024₹24
3 May 2024₹24
24 May 2024₹24
14 Jun 2024₹24
5 Jul 2024₹17
26 Jul 2024₹17
16 Aug 2024₹17
6 Sep 2024₹17
27 Sep 2024₹13
18 Oct 2024₹13
8 Nov 2024₹13
29 Nov 2024₹13
20 Dec 2024₹10
10 Jan 2025₹10
1 Feb 2025₹10
21 Feb 2025₹10
13 Mar 2025₹10
4 Apr 2025₹6
25 Apr 2025₹6
16 May 2025₹6
6 Jun 2025₹6
27 Jun 2025₹5
18 Jul 2025₹5
8 Aug 2025₹5
29 Aug 2025₹5
19 Sep 2025₹4
10 Oct 2025₹4
31 Oct 2025₹4
21 Nov 2025₹4
12 Dec 2025₹4
2 Jan 2026₹1
23 Jan 2026₹1
13 Feb 2026₹1
6 Mar 2026₹1
27 Mar 2026₹1
17 Apr 2026₹1
8 May 2026₹1
29 May 2026₹1
10 Jun 2026₹1
19 Jun 2026₹1
1 Jul 2026₹1
17 Jul 2026₹1
21 Aug 2026₹1
11 Sep 2026₹1
28 Sep 2026₹1
16 Oct 2026₹1
30 Oct 2026₹3
Top: P/E each week. Below: earnings per share, trailing twelve months, leaving out one-off items, a step line that moves once a quarter; 11 years of history; short peaks above 35× are drawn at the top edge.
24.5×P/E · higher than 78% of its last 11 years
n/mPEG · cannot be worked out, because 3-year earnings growth is not available

Why the multiple is where it is: over the past year earnings per share moved −79.0% while the price moved −12.9%. The price did better than earnings, which pushed the multiple up within its own range.

Where the price move came from: over 5 years the price moved +6.4% a year; about +2.3% a year came from earnings growth and about +4.1 percentage points from the multiple (the market paying more); over 10 years the price moved +1.0% a year; about +7.3% a year came from earnings growth and about −6.3 percentage points from the multiple (the market paying less). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple.

In short: the multiple is high against its own past, so the earnings trend underneath matters more than the multiple.

Is the Andhra Paper business getting better or worse?

Andhra Paper Ltd's business is turning around. Profit growth has swung from −84.3% at its low to +153.8%, improving for 3 quarters in a row, with ROCE steady at 4.0%. This is based on 12 quarters of 4 measures.

Every business is somewhere on a path of getting better or worse, and this section names where. The last 12 quarters of growth in revenue, profit and earnings per share, plus the return the business earns on its capital, are read as lines. Getting worse: the lines are falling. Turning around: a low point has just formed and the last few quarters are rising from it. Getting better: the rise from the low has lasted. Growing steadily: steady growth with healthy returns. Slowing from a peak: still high, but slowing. When the lines disagree the result is mixed; too little history means no reading. CAGR (compound annual growth rate) is the steady yearly rate that would turn the starting value into the latest one. It is the fairest way to compare growth over different periods. If the 1-year figure is much bigger than the 10-year one, recent growth is running faster than the long-run trend. A dash means there is no figure for that period, or the starting year was a loss, where a growth rate means nothing.

Growth year by year: revenue +10.4% in FY26, profit −78.7%

  • Revenue growth 10.4%
Growth year by year: revenue +10.4% in FY26, profit −78.7%
QuarterRevenue growth
FY16−3.4%
FY174.3%
FY187.8%
FY1912.9%
FY20−11%
FY21−30.2%
FY2255.6%
FY2352%
FY24−14.2%
FY25−14.4%
FY2610.4%

Profit growth, EPS growth

  • Profit growth −78.7%
  • EPS growth −79%
Profit growth, EPS growth
QuarterProfit growthEPS growth
FY16–300%
FY17−13.5%−11.9%
FY18159.4%156.4%
FY19141%140.7%
FY206.5%6.4%
FY21−102.3%−102.1%
FY22––
FY23272.9%273.7%
FY24−34.9%−35%
FY25−73.8%−73.8%
FY26−78.7%−79%
Growth on the year before, each year, %. Top: revenue. Below: net profit and earnings per share, on their own scale because profit growth swings much more. Zero line drawn. Turnaround-year jumps are drawn at the edge (▲).

Three growth lines over twelve quarters: revenue accelerating, profit accelerating

  • Revenue 14%
Three growth lines over twelve quarters: revenue accelerating, profit accelerating
QuarterRevenue
Dec 20234.8%
Mar 2024−14.2%
Jun 2024−22.8%
Sep 2024−25.1%
Dec 2024−26.1%
Mar 2025−14.4%
Jun 2025−1.2%
Sep 2025−2.6%
Dec 20255.6%
Mar 202610.4%
Jun 20265.1%
Sep 202614%

Profit, EPS

  • Profit 153.8%
  • EPS 154.4%
Profit, EPS
QuarterProfitEPS
Dec 20237.2%6.8%
Mar 2024−34.8%−35%
Jun 2024−55.2%−55.3%
Sep 2024−65%−64.9%
Dec 2024−73.8%−73.7%
Mar 2025−73.9%−73.8%
Jun 2025−66.8%−66.8%
Sep 2025−89.2%−89.2%
Dec 2025−84.3%−84.4%
Mar 2026−79.1%−79%
Jun 2026−66.5%−66.5%
Sep 2026153.8%154.4%
Growth on a year earlier, % at each quarter end. Top: revenue. Below: profit and earnings per share, on their own scale because they swing much more. Each is measured over the last 12 months. A gap means there is no reading for that quarter.

ROCE: the return line, worked out each quarter

  • ROCE 4%
ROCE: the return line, worked out each quarter
QuarterROCE
Dec 202339.1%
Mar 202424.9%
Jun 202418.3%
Sep 202413.2%
Dec 20248.4%
Mar 20256.4%
Jun 20256.3%
Sep 20252.2%
Dec 20251.9%
Mar 20262%
Jun 20262.4%
Sep 20264%
Operating profit over the last 12 months (before interest and tax) as a share of average capital employed (total assets minus current liabilities), %.
FlatRevenue growth · latest +14.0%, range −26.1% to +14.0%
RecoveringProfit growth · latest +153.8%, range −89.2% to +153.8%
RecoveringEPS growth · latest +154.4%, range −89.2% to +154.4%
Stuck lowROCE · latest 4.0%, range 1.9% to 39.1%

Why it matters: a turn in growth is often where a bigger change starts. The lines say a turn is forming, so the question is whether the next quarters confirm it.

Compound annual growth rate (%)

Compound annual growth rate over each period, %. Revenue, profit and EPS come from yearly figures; the share price row is price growth over the same periods. A dash means no figure for that period, or the starting year was a loss.

Compound annual growth rate (%)
Measure1yr3yr5yr10yr
Revenue+10.4%−6.8%+13.9%+4.2%
Profit−78.7%−66.9%—−6.4%
EPS−79.0%−67.0%—−6.5%
Share price−12.9%−16.7%+6.4%+1.0%
+17.7%Revenue growth (Sep 2026) · latest quarter against a year ago
4.2%Revenue, 10 years · yearly growth over the long run

How much does Andhra Paper earn on its capital?

Andhra Paper Ltd earned a ROCE of 0% in FY26. That is up from a low of −1% in FY14. Its return on capital used (ROIC) is 10.8 percentage points below its cost of capital, so growth here does not yet pay for the capital it uses.

Return on capital employed (ROCE) is the profit the whole business earns on all the money in it, from shareholders and lenders together. It is the best single test of whether growth adds value or just size.

It comes from a 1.1% net margin and 0.67× asset turnover (sales divided by assets).

Why the return is what it is (FY26): a 1.1% net margin × 0.67× asset turnover × 1.31× leverage (assets divided by equity) ≈ 1.0% on equity. The margin does its share; borrowing plays a small part, so this return is earned, not borrowed.

The key test, return on capital used minus the cost of capital: 1.2% − 12.0% = −10.8 percentage points. The 12.0% is a standard assumption for the cost of capital in India, not an estimate for this company. Read the sign and size of the gap, not the decimals. Negative: growth at these returns loses value until returns improve.

The 1.2% ROIC above is the latest reading, as reported. The yearly chart below shows FY26 at −0.8%, and the quarterly chart works out each 12-month window from the quarterly figures, so the readings differ by date, not by method.

FY26: ROCE 0%, the climb back from FY14's −1%

  • ROCE 0%
  • ROIC (annual) −0.8%
  • Cost of capital 12%
FY26: ROCE 0%, the climb back from FY14's −1%
QuarterROCEROIC (annual)Cost of capital
FY14−1%–12%
FY154%–12%
FY167%–12%
FY1712%–12%
FY1821%–12%
FY1942%–12%
FY2027%–12%
FY210%–12%
FY2218%13.4%12%
FY2352%57.7%12%
FY2425%27.1%12%
FY254%3%12%
FY260%−0.8%12%
Return on capital employed each year, % (line); ROIC each year, % (line). 13-year window, low years included. The flat line is the 12.0% cost of capital used on this page.

Q2 FY27: ROCE 1.9% (last 12 months) against a 12.0% cost of capital

  • ROCE (12 months) 1.9%
  • ROIC (12 months) −0.9%
  • Cost of capital 12.0%
Q2 FY27: ROCE 1.9% (last 12 months) against a 12.0% cost of capital
QuarterROCE (12 months)ROIC (12 months)Cost of capital
Q3 FY24–56.2%12%
Q4 FY2418.1%46.7%12%
Q1 FY25–30.8%12%
Q2 FY257.3%20%12%
Q3 FY25–12.1%12%
Q4 FY252.4%4.8%12%
Q1 FY26–3.2%12%
Q2 FY26−0.9%2.7%12%
Q3 FY26–−1.4%12%
Q4 FY26−0.8%−2.3%12%
Q1 FY27–−1.5%12%
Q2 FY271.9%−0.9%12%
ROCE and ROIC over the last 12 months, each quarter, %; the flat line is the cost of capital. Last 12 quarters, lined up with the yearly figure.

Does Andhra Paper have too much debt?

Andhra Paper Ltd has total debt of ₹287 Cr against shareholder equity of ₹1,963 Cr as of Sep 2026, so its debt is 0.15× its equity, which is very little. Year by year, that ratio went from 0.05 in FY22 to 0.12 in FY26. So the returns on this page come from the business, not from borrowed money.

Debt-to-equity shows how much of the business is paid for with borrowed money. Lower is safer, and the direction matters as much as the level.

FY26: debt ₹232 Cr, 0.12× equity

  • Total debt ₹232
FY26: debt ₹232 Cr, 0.12× equity
QuarterTotal debt
FY22₹59
FY23₹55
FY24₹114
FY25₹283
FY26₹232

Debt-to-equity

  • Debt-to-equity 0.12×
Debt-to-equity
QuarterDebt-to-equity
FY220.05×
FY230.03×
FY240.06×
FY250.15×
FY260.12×
Top: total debt each year, ₹ Cr. Below: debt-to-equity, ×. 5-year window.

Sep 2026: debt ₹287 Cr, debt-to-equity 0.15

  • Total debt (quarterly) ₹287
Sep 2026: debt ₹287 Cr, debt-to-equity 0.15
QuarterTotal debt (quarterly)
Dec 2023₹14
Mar 2024₹114
Jun 2024₹115
Sep 2024₹253
Dec 2024₹253
Mar 2025₹283
Jun 2025₹283
Sep 2025₹263
Dec 2025₹263
Mar 2026₹232
Jun 2026₹232
Sep 2026₹287

Debt-to-equity

  • Debt-to-equity 0.15×
Debt-to-equity
QuarterDebt-to-equity
Dec 20230.01×
Mar 20240.06×
Jun 20240.06×
Sep 20240.13×
Dec 20240.13×
Mar 20250.15×
Jun 20250.15×
Sep 20250.14×
Dec 20250.14×
Mar 20260.12×
Jun 20260.12×
Sep 20260.15×
Top: total debt each quarter, ₹ Cr. Below: debt-to-equity, ×. Last 12 quarters. Indian companies report the full balance sheet every six months, so the quarter in between repeats the last reading.

What is the Andhra Paper shareholding pattern?

Foreign institutions cut their stake in Andhra Paper Ltd by 1.0 percentage points over 8 quarters, the biggest change among its owners. Foreign institutions now own 0.3% of the company. Promoters moved +0.0 points over the same period, to 72.5%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings.

Who owns the company each quarter: promoters (the founders or controlling owners), foreign institutions, domestic institutions such as mutual funds, and the public. When people close to the business steadily raise their stake, that is worth noticing; a quiet list is also an answer.

Over the last two years: Foreign institutions: −1.0 points over 8 quarters, to 0.3%; Promoters: +0.0 points over 8 quarters, to 72.5%; Domestic institutions: +0.0 points over 8 quarters, to 4.5%.

Why the owners changed: foreign institutions drove it (−1.0 points). They reduced their stake.

Year ends: promoters +0.1 points from Mar 2024 to Mar 2026

  • Promoters 72.45%
  • Foreign inst. 0.33%
  • Domestic inst. 5.79%
  • Public 21.43%
Year ends: promoters +0.1 points from Mar 2024 to Mar 2026
QuarterPromotersForeign inst.Domestic inst.Public
Mar 202472.31%2.33%2.6%22.75%
Mar 202572.45%0.96%4.67%21.91%
Mar 202672.45%0.33%5.79%21.43%
Shareholding at each year end (March quarter), % of the company. 3 year ends on file.

Foreign institutions cut their stake by 1.0 points over 8 quarters

  • Promoters 72.45%
  • Foreign inst. 0.33%
  • Domestic inst. 4.49%
  • Public 22.73%
Foreign institutions cut their stake by 1.0 points over 8 quarters
QuarterPromotersForeign inst.Domestic inst.Public
Sep 202372.31%2.65%2.55%22.47%
Dec 202372.31%2.62%2.21%22.85%
Mar 202472.31%2.33%2.6%22.75%
Jun 202472.31%2.31%2.6%22.77%
Sep 202472.45%1.35%4.53%21.67%
Dec 202472.45%1.02%4.67%21.86%
Mar 202572.45%0.96%4.67%21.91%
Jun 202572.45%0.84%4.68%22.03%
Sep 202572.45%0.79%4.68%22.09%
Dec 202572.45%0.79%4.74%22.02%
Mar 202672.45%0.33%5.79%21.43%
Jun 202672.45%0.27%5.48%21.8%
Sep 202672.45%0.33%4.49%22.73%
Shareholding by owner group, % of the company, each quarter, last 13 quarters.

How far is Andhra Paper from balance-sheet trouble?

For Andhra Paper Ltd, the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date.

The Z-score estimates how far a company is from balance-sheet trouble. Above about 3 is safe; below about 1.8 is the danger zone. It was built for manufacturers, so it is not used for banks and lenders.

How does Andhra Paper rank in its industry?

55.4 out of 100, rank 4 of 11 in Paper, with 74% of the evidence available.

Andhra Paper Ltd scores 55.4 out of 100 against the 11 companies it is compared with in Paper, ranking 4. The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.

The four parts add up to the total exactly: 25 + 7.3 + 8.5 + 14.6 = 55.4. This is the same number shown on the industry page; it is worked out once for the whole group and read here.

What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector.

Which companies is Andhra Paper compared with?

Andhra Paper ranks 4 of 11 Paper companies on the 4-Factor Sector Score, with 55.4 out of 100.

  1. 1N R Agarwal Industries LtdNRAIL · leader · Most evidence points up · 96% evidence72.8out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 29.5/35 · Revenue 32.6% · Profit 100% · Operating margin change 7.4 points · 88% evidenceCapital efficiency 13.0/25 · ROCE 8.5% · Operating margin 11% · 100% evidenceValuation 12.0/20 · P/E 17.1× · PEG 0.26 · 100% evidenceRelative strength 18.3/20 · Lead over its industry 31.7% · Lead over NIFTY 500 40.6% · 1 year 52.4% · 100% evidence · 12 of 12 weeks aheadExact sum: 29.5 + 13 + 12 + 18.3 = 72.8 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  2. 2Emami Paper Mills LtdEMAMIPAP · breaking out · Most evidence points up · 60% evidence68.6out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 29.5/35 · Revenue 16.6% · Profit 100% · Operating margin change 8 points · 95% evidenceCapital efficiency 16.0/25 · ROCE 11.4% · Operating margin 16% · 76% evidenceValuation 11.2/20 · P/E 5.4× · PEG — · 15% evidenceRelative strength 11.9/20 · Lead over its industry — · Lead over NIFTY 500 33.8% · 1 year — · 25% evidence · 11 of 12 weeks aheadExact sum: 29.5 + 16 + 11.2 + 11.9 = 68.6 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  3. 3Pudumjee Paper Products LtdPDMJEPAPER · quiet · Evidence leans up · 85% evidence61.0out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 14.1/35 · Revenue 6.1% · Profit 6.5% · Operating margin change 0 points · 100% evidenceCapital efficiency 18.8/25 · ROCE 18.1% · Operating margin 14% · 100% evidenceValuation 17.8/20 · P/E 8.7× · PEG 0.14 · 100% evidenceRelative strength 10.3/20 · Lead over its industry — · Lead over NIFTY 500 3.4% · 1 year -24.5% · 25% evidence · 9 of 12 weeks aheadExact sum: 14.1 + 18.8 + 17.8 + 10.3 = 61 · What this means: The valuation scores well, but earnings are not improving yet, so the business does not back up the low multiple so far.
  4. 4Andhra Paper Ltd this pageANDHRAPAP · breaking out · Evidence leans up · 74% evidence55.4out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 25.0/35 · Revenue 14% · Profit 100% · Operating margin change 8.7 points · 74% evidenceCapital efficiency 7.3/25 · ROCE 0% · Operating margin 6.8% · 100% evidenceValuation 8.5/20 · P/E 25.5× · PEG — · 15% evidenceRelative strength 14.6/20 · Lead over its industry -0.3% · Lead over NIFTY 500 7.2% · 1 year -14% · 100% evidence · 8 of 12 weeks aheadExact sum: 25 + 7.3 + 8.5 + 14.6 = 55.4 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  5. 5West Coast Paper Mills LtdWSTCSTPAPR · leader · Evidence leans up · 78% evidence53.0out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 13.2/35 · Revenue 7.8% · Profit -13.1% · Operating margin change 7 points · 83% evidenceCapital efficiency 13.8/25 · ROCE 6.2% · Operating margin 19% · 76% evidenceValuation 6.0/20 · P/E 23.4× · PEG — · 50% evidenceRelative strength 20.0/20 · Lead over its industry 54.1% · Lead over NIFTY 500 64.1% · 1 year 80.1% · 100% evidence · 12 of 12 weeks aheadExact sum: 13.2 + 13.8 + 6 + 20 = 53 · What this means: Relative strength against the index is 64.1%, and revenue and profit growth are weak.
  6. 6Seshasayee Paper & Boards LtdSESHAPAPER · quiet · Evidence leans up · 100% evidence51.3out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 25.2/35 · Revenue 18.6% · Profit 46.9% · Operating margin change 1 points · 100% evidenceCapital efficiency 11.0/25 · ROCE 5.6% · Operating margin 9% · 100% evidenceValuation 13.6/20 · P/E 10.8× · PEG 1.18 · 100% evidenceRelative strength 1.5/20 · Lead over its industry -18.2% · Lead over NIFTY 500 -12% · 1 year -20.8% · 100% evidence · 4 of 12 weeks aheadExact sum: 25.2 + 11 + 13.6 + 1.5 = 51.3 · What this means: Earnings are strong; relative strength in its sector is -18.2% and the one-year return is -20.8%.
  7. 7JK Paper LtdJKPAPER · losing its lead · Evidence leans down · 78% evidence46.2out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 13.3/35 · Revenue 10% · Profit -4.9% · Operating margin change 0 points · 83% evidenceCapital efficiency 14.5/25 · ROCE 7.4% · Operating margin 15% · 76% evidenceValuation 8.4/20 · P/E 20.5× · PEG — · 50% evidenceRelative strength 10.0/20 · Lead over its industry -1.2% · Lead over NIFTY 500 6.1% · 1 year -6.8% · 100% evidence · 6 of 12 weeks aheadExact sum: 13.3 + 14.5 + 8.4 + 10 = 46.2 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  8. 8Tamil Nadu Newsprint & Papers LtdTNPL · quiet · Evidence leans down · 71% evidence43.7out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 16.8/35 · Revenue 2.9% · Profit 100% · Operating margin change 1.1 points · 65% evidenceCapital efficiency 12.2/25 · ROCE 6.4% · Operating margin 10% · 100% evidenceValuation 11.5/20 · P/E 3.4× · PEG — · 15% evidenceRelative strength 3.2/20 · Lead over its industry -12.5% · Lead over NIFTY 500 -5.9% · 1 year -17.8% · 100% evidence · 4 of 12 weeks aheadExact sum: 16.8 + 12.2 + 11.5 + 3.2 = 43.7 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  9. 9Satia Industries LtdSATIA · breaking out · Most evidence points down · 76% evidence31.6out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 4.3/35 · Revenue -2.8% · Profit -80% · Operating margin change -3 points · 88% evidenceCapital efficiency 6.0/25 · ROCE 4.5% · Operating margin 14% · 100% evidenceValuation 10.0/20 · P/E — · PEG — · 0% evidenceRelative strength 11.3/20 · Lead over its industry -1.7% · Lead over NIFTY 500 5.7% · 1 year -17.1% · 100% evidence · 9 of 12 weeks aheadExact sum: 4.3 + 6 + 10 + 11.3 = 31.6 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  10. 10Kuantum Papers LtdKUANTUM · quiet · Most evidence points down · 90% evidence28.9out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 9.9/35 · Revenue 11.8% · Profit -49.8% · Operating margin change 0.1 points · 100% evidenceCapital efficiency 8.9/25 · ROCE 5.2% · Operating margin 12.3% · 100% evidenceValuation 8.7/20 · P/E 17.4× · PEG — · 50% evidenceRelative strength 1.4/20 · Lead over its industry -23.1% · Lead over NIFTY 500 -16.9% · 1 year -39.5% · 100% evidence · 4 of 12 weeks aheadExact sum: 9.9 + 8.9 + 8.7 + 1.4 = 28.9 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  11. 11KS Smart Technologies Limitedquiet · Too little evidence to rank firmly · 42% evidence38.8out of 100GrowthCapitalValuationRelative

Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led NIFTY 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read.

The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section.

Related companies: Paper, all 11 compared on one page.

Which companies are close to Andhra Paper in size?

Andhra Paper is the 3rd largest of 11 Paper companies on Sector Alpha by market value (scores of 30 October 2026). Just above it: JK Paper and West Coast Paper Mills. Just below it: KS Smart Technologies, Seshasayee Paper & Boards, N R Agarwal Industries and Tamil Nadu Newsprint & Papers.

Paper companies close in size

  1. JK Paper Ltd ₹6,711 crore
  2. West Coast Paper Mills Ltd ₹5,386 crore
  3. Andhra Paper Ltd ₹1,328 crore
  4. KS Smart Technlogies Limited ₹1,315 crore
  5. Seshasayee Paper & Boards Ltd ₹1,279 crore
  6. N R Agarwal Industries Ltd ₹1,132 crore
  7. Tamil Nadu Newsprint & Papers Ltd ₹887 crore

All 11 Paper companies, largest first

Companies close in size in other industries

  1. InfoBeans Technologies Ltd ₹1,331 crore · IT - Software
  2. DCW Ltd ₹1,329 crore · Petrochem - Others
  3. Andhra Paper Ltd ₹1,328 crore
  4. Asian Hotels (North) Ltd ₹1,326 crore · Hotels
  5. Benares Hotels Ltd ₹1,326 crore · Hotels

What else do people ask about Andhra Paper?

What is Andhra Paper's share price today?

Andhra Paper Ltd's share price is ₹64.11, −12.9% over the past year. The whole company is worth ₹1,275 Cr on the market.

In the last 52 weeks it traded between ₹59 to ₹75; today it is 33% of the way up from the low, 4.1% below its 200-day average (as of 4 November 2026).

What were Andhra Paper's latest quarterly results?

Andhra Paper Ltd reported revenue of ₹426 Cr and net profit of ₹4.3 Cr for the Sep 2026 quarter. Earnings per share were ₹0.21. The operating margin was 6.8%, 8.6 percentage points higher than a year earlier (as of 4 November 2026).

What is Andhra Paper's market cap?

Andhra Paper Ltd's market capitalisation is ₹1,275 Cr at a share price of ₹64.11. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 4 November 2026).

How is Andhra Paper performing?

Andhra Paper Ltd's share price has been falling for 106 weeks. Over the past 13 weeks it has done better than the NIFTY 500, for 11 weeks running. This describes what the data did, not a rating (as of 4 November 2026).

Will Andhra Paper's share price go up?

This page does not forecast Andhra Paper Ltd's share price. What it shows instead: the share price is ₹64.11, and it has been falling for 106 weeks. Its P/E of 24.5× is higher than 78% of its own last 11 years (as of 4 November 2026).

Who owns Andhra Paper?

Promoters own 72.5% of Andhra Paper Ltd, foreign institutions 0.3%, domestic institutions 4.5% and the public 22.7% (latest quarter). The biggest change over the last two years: Foreign institutions cut their stake by 1.0 percentage points over 8 quarters (as of 4 November 2026).

Does Andhra Paper have too much debt?

No, Andhra Paper Ltd has little debt: its debt is 0.12× its equity, and its operating profit is 4 times its interest bill. FY26 borrowings were ₹232 Cr against equity of ₹1,940 Cr.

So the returns on this page come from the business, not borrowed money (as of 4 November 2026).

Where is Andhra Paper in its business cycle?

Andhra Paper Ltd's FY26 operating margin was 4.0%, against a 13-year range of 4.0% to 35.0%: the low end of its own range, which is often where recoveries start. The latest quarter was 6.8%.

Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 4 November 2026).

What could break the Andhra Paper story?

The main question: the share price moved −12.9% in a year while yearly earnings per share moved −79.0%. The difference came from the market paying a higher multiple.

On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 4 November 2026).

Is Andhra Paper a stock worth studying right now?

What the numbers show: Andhra Paper Ltd's share price has risen faster than its earnings: −12.9% in a year, against −79.0% for earnings per share. The main open question: whether earnings grow into a price that has already moved.

Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 4 November 2026).

Where do these numbers come from?

Sector Alpha, written by code from the published numbers. Data as of 4 November 2026.

Every chart on this page is drawn by code from the published figures, with no forecasts and no price opinions.

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