# Tamil Nadu Newsprint & Papers share price today (Tamil Nadu Newsprint & Papers Ltd, NSE: TNPL)

> Tamil Nadu Newsprint & Papers share price today: ₹134.72 at the NSE close on 3 November 2026, down 13.5% in a year. Tamil Nadu Newsprint & Papers (NSE: TNPL) is worth ₹934 crore, trades at a P/E of 3.6 and has closed between ₹125.24 and ₹156.60 over the past 52 weeks. > Tamil Nadu Newsprint & Papers Ltd's earnings have grown faster than its share price. Earnings per share grew +6,529.6% in a year while the price moved −13.5%. TNPL · Paper · data as of 3 November 2026. Page: https://www.sectoralpha.in/stocks/tamil-nadu-newsprint-papers-ltd

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## Key numbers

- Business trend: Turning around, from the last 12 quarters
- Price: ₹134.72 (−13.5% in a year)
- P/E: 3.6× (lower than 99% of the last 11 years)
- Revenue (Jun 2026): ₹1,147 Cr (+0.4% on a year ago)
- Profit (Jun 2026): ₹5.7 Cr
- Operating margin: 10.0% (+1.1 points on a year ago)
- ROCE: 6%, FY26
- ROIC: 4.6%, against a 12.0% cost of capital: −7.4 points

The main question: yearly earnings per share moved +6,529.6% while the share price moved −13.5%. ## What is the Tamil Nadu Newsprint & Papers share price today? Tamil Nadu Newsprint & Papers Ltd's share price was ₹134.72 at the close on 3 November 2026. It has been falling for 2 weeks. That is 7.5% below its average price over the last 200 trading days. In the last 52 weeks it traded between ₹125 and ₹157, and at that close it sat 30% of the way up from that low. Over the past 13 weeks it has done better than the NIFTY 500, and it has stayed ahead for 1 week in a row. Over the last 11 years the share price moved −36% 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 Tamil Nadu Newsprint & Papers this quarter? 1. Indian funds and insurers (DIIs) cut their stake for 9 quarters in a row From 15.5% to 6.6% of the company by the September 2026 quarter. 3. Profit up on a year earlier for 4 quarters in a row In the June 2026 quarter profit was ₹6 crore, +177.5% on a year earlier. ## What dividend does Tamil Nadu Newsprint & Papers pay? Tamil Nadu Newsprint & Papers paid ₹4 a share in regular dividends in the 12 months to 4 November 2026 (1 payment), a yield of 2.97% at the ₹134.72 close on 3 November 2026. The last was a dividend of ₹4 a share, ex-date 17 September 2026. ### Tamil Nadu Newsprint & Papers dividends since 1 April 2021

| Ex-date | Dividend per share | Type |
| --- | --- | --- |
| 17 Sep 2026 | ₹4 | Dividend |
| 11 Sep 2025 | ₹3 | Dividend |
| 20 Sep 2024 | ₹1 | Dividend |
| 13 Feb 2024 | ₹3 | Interim |
| 18 Sep 2023 | ₹5 | Dividend |
| 13 Sep 2022 | ₹4 | Dividend |
| 14 Sep 2021 | ₹3 | Dividend |

Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date. The record date is the same day as the ex-date for every payment here. 5 of 5 Of the last 5 financial years, years with an NSE dividend record

Yes. Tamil Nadu Newsprint & Papers Ltd paid out 11% of its profit as dividends in FY26, and it paid a dividend in 11 of its last 13 reported years. 2 of those years show a negative figure because profit itself was negative. (From the NSE corporate-actions record, read 4 November 2026.)

## What are Tamil Nadu Newsprint & Papers' latest quarterly results? For April to June 2026 (the quarter ended 30 June 2026), Tamil Nadu Newsprint & Papers reported revenue of ₹1,147 crore, up 0.4% from ₹1,142 crore a year earlier, and a profit of ₹5.74 crore, against a loss of ₹7.41 crore a year earlier. ### Tamil Nadu Newsprint & Papers results: April to June 2026 against a year earlier

| Measure | April to June 2026 | April to June 2025 | Change |
| --- | --- | --- | --- |
| Revenue | ₹1,147 crore | ₹1,142 crore | +0.4% |
| Profit | ₹5.74 crore | loss of ₹7.41 crore | n/a |
| Earnings per share | ₹0.83 | ₹−1.07 | n/a |
| Operating margin | 10.0% | 8.9% | +1.1 points |

The next results, for July to September 2026, are due by 14 November 2026: 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 June 2026). Revenue and profit in ₹ crore.)

## What is the Tamil Nadu Newsprint & Papers share price history? Tamil Nadu Newsprint & Papers closed at ₹134.72 on 3 November 2026, down 13.5% from ₹155.80 a year earlier (31 October 2025) and up 0.6% over five years. Its highest weekly close since March 2016 was ₹480.00 on 5 January 2018. ### Tamil Nadu Newsprint & Papers share price: then and now

| When | Close | Change to 3 Nov 2026 |
| --- | --- | --- |
| 1 week ago · 23 Oct 2026 | ₹130.85 | +3.0% |
| 1 month ago · 1 Oct 2026 | ₹147.63 | −8.7% |
| 6 months ago · 30 Apr 2026 | ₹150.47 | −10.5% |
| 1 year ago · 31 Oct 2025 | ₹155.80 | −13.5% |
| 3 years ago · 3 Nov 2023 | ₹282.80 | −52.4% |
| 5 years ago · 4 Nov 2021 | ₹133.85 | +0.6% |
| 10 years ago · 4 Nov 2016 | ₹359.50 | −62.5% |
| Earliest weekly close in our records · 11 Mar 2016 | ₹211.25 | −36.2% |
| Highest weekly close since March 2016 · 5 Jan 2018 | ₹480.00 | −71.9% |
| Lowest weekly close since March 2016 · 3 Apr 2020 | ₹87.25 | +54.4% |
| 52-week high (weekly close) · 7 Aug 2026 | ₹156.60 | −14.0% |
| 52-week low (weekly close) · 27 Mar 2026 | ₹125.24 | +7.6% |

Weekly closing prices. Each change is the move from that price to the 3 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes. (563 weekly closes from 11 March 2016 to 3 November 2026.)

## What is the latest news on Tamil Nadu Newsprint & Papers? 3 Nov 2026: Tamil Nadu Newsprint & Papers closed at ₹134.72, up 3.0% on the week and down 8.7% on the month. 17 Sep 2026: ex-date for a dividend of ₹4 a share. ### Earlier

- Results for April to June 2026: Revenue up 0.4% on a year earlier. ## Which stock lists is Tamil Nadu Newsprint & Papers on? Tamil Nadu Newsprint & Papers is on one of our India lists: Dividend stocks. [Dividend stocks Regular dividend yield (%): 3.02](https://www.sectoralpha.in/dividend-stocks-india)

## Is Tamil Nadu Newsprint & Papers profitable? Tamil Nadu Newsprint & Papers Ltd earned ₹5.7 Cr of net profit in the Jun 2026 quarter. Full-year FY26 profit was ₹248 Cr. Over 10 years profit has grown −0.5% a year on average. That is 0.5% of the quarter's revenue. The same quarter a year earlier lost ₹7.4 Cr. 2 of the last 12 reported quarters were loss-making. For the full year, FY26 profit was ₹248 Cr (+6,100.0% on the year before). ## How much revenue does Tamil Nadu Newsprint & Papers make, and is it growing? Tamil Nadu Newsprint & Papers Ltd reported ₹1,147 Cr of revenue in the Jun 2026 quarter, +0.4% on the same quarter a year earlier. Over 10 years it has grown 6.7% a year on average. The last full year, FY26, came in at ₹4,645 Cr. The last four reported quarters add to ₹4,649 Cr. FY26 revenue was ₹4,645 Cr, +3.4% on the year before. Recent pace: the last four quarters grew +4.2% on average, against 6.7% a year over the longer run, so this year is growing slower than its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew +2.9%, against +1.1% a year over the last 8 quarters (stabilising). ## How much of every ₹100 of sales does Tamil Nadu Newsprint & Papers keep? Tamil Nadu Newsprint & Papers Ltd's operating margin was 10.0% in the Jun 2026 quarter, 1.1 percentage points higher than the same quarter a year ago. Across 13 years it has been between 9.0% and 25.0%. The latest quarter is within that range. Why the margin moved: operating margin changed +1.1 percentage points on the year while gross margin changed +2.0 points. So the gain came mostly from the gross margin, which means input costs and prices charged. ## Is Tamil Nadu Newsprint & Papers' profit turning into cash? Over the last 3 years, 345% of Tamil Nadu Newsprint & Papers Ltd's reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 it brought in ₹596 Cr of operating cash against ₹248 Cr of profit. After ₹513 Cr of spending on assets, ₹83.0 Cr was left over as free cash. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. Why 345% of profit came in as cash: the cash cycle got 41 days shorter between FY21 and FY26, so cash that used to wait in the business now arrives sooner. What to look at next: no single use of cash stands out. The next section checks both the cash tied up in daily operations and the spending on assets. ## Where does Tamil Nadu Newsprint & Papers' cash go? Tamil Nadu Newsprint & Papers Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was −53 days in FY26, down from −12 days in FY21. It spent ₹789 Cr on assets over the last 3 years. Customers take 48 days to pay, and stock sits for 191 days on average. At FY26 sales of ₹4,645 Cr, each day of that cycle ties up about ₹12.7 Cr, so roughly −₹674 Cr is tied up in the business at any time. FY26: customers took 48 days to pay and stock sat for 191 days, about 6.3 months of sales sitting as stock, for a full cycle of −53 days, shorter than FY21's −12. The full loop: cash goes out to suppliers and production on day 0. Stock sits for 191 days. Customers pay about 48 days after that. Suppliers are paid at 292 days. Together that makes the −53-day cycle. Spending on assets: ₹789 Cr over the last 3 years, against ₹908 Cr of depreciation (the yearly wear and tear on existing assets). So it is spending about what it takes to replace what wears out, or less. Work still in progress is ₹473 Cr (FY26): assets paid for that are not earning yet. In short: neither the daily cycle nor new spending is soaking up the cash, so the picture is fairly clean. ## What is Tamil Nadu Newsprint & Papers' P/E ratio, and how does it compare with its own history? Tamil Nadu Newsprint & Papers Ltd's P/E is 3.6×, about the lowest it has ever been. Its usual P/E (the middle reading) is 8.4×, 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. Why the multiple is where it is: over the past year earnings per share moved +6,529.6% while the price moved −13.5%. Earnings did better than the price, which pulled the multiple down within its own range. Where the price move came from: over 10 years the price moved −9.3% a year; about −1.0% a year came from earnings growth and about −8.3 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 low against its own past, so the earnings trend underneath matters more than the multiple. ## Is the Tamil Nadu Newsprint & Papers business getting better or worse? Tamil Nadu Newsprint & Papers Ltd's business is turning around. Profit growth has swung from −125.2% at its low to +6542.4%, improving for 2 quarters in a row, with ROCE steady at 7.1%. This is based on 12 quarters of 4 measures. 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. ## How much does Tamil Nadu Newsprint & Papers earn on its capital? Tamil Nadu Newsprint & Papers Ltd earned a ROCE of 6% in FY26. That is up from a low of 2% in FY21. Its return on capital used (ROIC) is 7.4 percentage points below its cost of capital, so growth here does not yet pay for the capital it uses. It comes from a 5.3% net margin and 0.75× asset turnover (sales divided by assets). Why the return is what it is (FY26): a 5.3% net margin × 0.75× asset turnover × 2.68× leverage (assets divided by equity) ≈ 10.7% on equity. The margin does its share; borrowing is a big part of it. The key test, return on capital used minus the cost of capital: 4.6% − 12.0% = −7.4 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. ## Does Tamil Nadu Newsprint & Papers have too much debt? Tamil Nadu Newsprint & Papers Ltd has total debt of ₹1,613 Cr against shareholder equity of ₹2,316 Cr as of Jun 2026, so its debt is 0.70× its equity. Year by year, that ratio went from 1.41 in FY22 to 0.70 in FY26. Keep that borrowing in mind when reading the returns on this page. ## What is the Tamil Nadu Newsprint & Papers shareholding pattern? Domestic institutions cut their stake in Tamil Nadu Newsprint & Papers Ltd by 7.7 percentage points over 8 quarters, the biggest change among its owners. Domestic institutions now own 6.6% of the company. Foreign institutions moved +1.1 points over the same period, to 5.4%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings. Over the last two years: Domestic institutions: −7.7 points over 8 quarters, to 6.6%; Foreign institutions: +1.1 points over 8 quarters, to 5.4%; Promoters: +0.0 points over 8 quarters, to 35.3%. Why the owners changed: domestic institutions drove it (−7.7 points), with the other side taken by foreign institutions (+1.1 points). They reduced their stake. ## How far is Tamil Nadu Newsprint & Papers from balance-sheet trouble? For Tamil Nadu Newsprint & Papers 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. ## How does Tamil Nadu Newsprint & Papers rank in its industry? 43.7 out of 100, rank 8 of 11 in Paper, with 71% of the evidence available. Tamil Nadu Newsprint & Papers Ltd scores 43.7 out of 100 against the 11 companies it is compared with in Paper, ranking 8. 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: 16.8 + 12.2 + 11.5 + 3.2 = 43.7. 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 Tamil Nadu Newsprint & Papers compared with? Tamil Nadu Newsprint & Papers ranks 8 of 11 Paper companies on the 4-Factor Sector Score, with 43.7 out of 100. 1. [N R Agarwal Industries Ltd](https://www.sectoralpha.in/stocks/n-r-agarwal-industries-ltd) NRAIL · leader · Most evidence points up · 96% evidence 72.8 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 29.5/35 · Revenue 32.6% · Profit 100% · Operating margin change 7.4 points · 88% evidence Capital efficiency 13.0/25 · ROCE 8.5% · Operating margin 11% · 100% evidence Valuation 12.0/20 · P/E 17.1× · PEG 0.26 · 100% evidence Relative 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 ahead Exact 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. [Emami Paper Mills Ltd](https://www.sectoralpha.in/stocks/emami-paper-mills-ltd) EMAMIPAP · breaking out · Most evidence points up · 60% evidence 68.6 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 29.5/35 · Revenue 16.6% · Profit 100% · Operating margin change 8 points · 95% evidence Capital efficiency 16.0/25 · ROCE 11.4% · Operating margin 16% · 76% evidence Valuation 11.2/20 · P/E 5.4× · PEG n/a · 15% evidence Relative strength 11.9/20 · Lead over its industry n/a · Lead over NIFTY 500 33.8% · 1 year n/a · 25% evidence · 11 of 12 weeks ahead Exact 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. [Pudumjee Paper Products Ltd](https://www.sectoralpha.in/stocks/pudumjee-paper-products-ltd) PDMJEPAPER · quiet · Evidence leans up · 85% evidence 57.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 10.2/35 · Revenue 6.1% · Profit 6.5% · Operating margin change 0 points · 100% evidence Capital efficiency 18.8/25 · ROCE 18.1% · Operating margin 14% · 100% evidence Valuation 17.8/20 · P/E 8.5× · PEG 0.14 · 100% evidence Relative strength 10.3/20 · Lead over its industry n/a · Lead over NIFTY 500 3.4% · 1 year -24.5% · 25% evidence · 9 of 12 weeks ahead Exact sum: 10.2 + 18.8 + 17.8 + 10.3 = 57.1 · 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. [Andhra Paper Ltd](https://www.sectoralpha.in/stocks/andhra-paper-ltd) ANDHRAPAP · breaking out · Evidence leans up · 74% evidence 55.4 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 25.0/35 · Revenue 14% · Profit 100% · Operating margin change 8.7 points · 74% evidence Capital efficiency 7.3/25 · ROCE 0% · Operating margin 6.8% · 100% evidence Valuation 8.5/20 · P/E 25.5× · PEG n/a · 15% evidence Relative 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 ahead Exact 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. [West Coast Paper Mills Ltd](https://www.sectoralpha.in/stocks/west-coast-paper-mills-ltd) WSTCSTPAPR · leader · Evidence leans up · 78% evidence 53.5 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 13.7/35 · Revenue 7.8% · Profit -13.1% · Operating margin change 7 points · 83% evidence Capital efficiency 13.8/25 · ROCE 6.2% · Operating margin 19% · 76% evidence Valuation 6.0/20 · P/E 23.4× · PEG n/a · 50% evidence Relative 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 ahead Exact sum: 13.7 + 13.8 + 6 + 20 = 53.5 · What this means: Relative strength against the index is 64.1%, and revenue and profit growth are weak. 6. [Seshasayee Paper & Boards Ltd](https://www.sectoralpha.in/stocks/seshasayee-paper-boards-ltd) SESHAPAPER · quiet · Evidence leans up · 100% evidence 51.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 25.2/35 · Revenue 18.6% · Profit 46.9% · Operating margin change 1 points · 100% evidence Capital efficiency 11.0/25 · ROCE 5.6% · Operating margin 9% · 100% evidence Valuation 13.6/20 · P/E 10.8× · PEG 1.18 · 100% evidence Relative 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 ahead Exact 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. [JK Paper Ltd](https://www.sectoralpha.in/stocks/jk-paper-ltd) JKPAPER · losing its lead · Evidence leans down · 78% evidence 46.7 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 13.8/35 · Revenue 10% · Profit -4.9% · Operating margin change 0 points · 83% evidence Capital efficiency 14.5/25 · ROCE 7.4% · Operating margin 15% · 76% evidence Valuation 8.4/20 · P/E 20.5× · PEG n/a · 50% evidence Relative 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 ahead Exact sum: 13.8 + 14.5 + 8.4 + 10 = 46.7 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 8. Tamil Nadu Newsprint & Papers Ltd this page TNPL · quiet · Evidence leans down · 71% evidence 43.7 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 16.8/35 · Revenue 2.9% · Profit 100% · Operating margin change 1.1 points · 65% evidence Capital efficiency 12.2/25 · ROCE 6.4% · Operating margin 10% · 100% evidence Valuation 11.5/20 · P/E 3.4× · PEG n/a · 15% evidence Relative 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 ahead Exact 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. [Satia Industries Ltd](https://www.sectoralpha.in/stocks/satia-industries-ltd) SATIA · breaking out · Most evidence points down · 76% evidence 32.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 4.8/35 · Revenue -2.8% · Profit -80% · Operating margin change -3 points · 88% evidence Capital efficiency 6.0/25 · ROCE 4.5% · Operating margin 14% · 100% evidence Valuation 10.0/20 · P/E n/a · PEG n/a · 0% evidence Relative 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 ahead Exact sum: 4.8 + 6 + 10 + 11.3 = 32.1 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 10. [Kuantum Papers Ltd](https://www.sectoralpha.in/stocks/kuantum-papers-ltd) KUANTUM · quiet · Most evidence points down · 90% evidence 29.5 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 10.5/35 · Revenue 11.8% · Profit -49.8% · Operating margin change 0.1 points · 100% evidence Capital efficiency 8.9/25 · ROCE 5.2% · Operating margin 12.3% · 100% evidence Valuation 8.7/20 · P/E 17.4× · PEG n/a · 50% evidence Relative 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 ahead Exact sum: 10.5 + 8.9 + 8.7 + 1.4 = 29.5 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 11. [KS Smart Technologies Limited](https://www.sectoralpha.in/stocks/ks-smart-technlogies-limited) quiet · Too little evidence to rank firmly · 42% evidence 38.8 out of 100 Growth Capital Valuation Relative

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](https://www.sectoralpha.in/sectors/paper), all 11 compared on one page. ## Which companies are close to Tamil Nadu Newsprint & Papers in size? Tamil Nadu Newsprint & Papers is the 7th largest of 11 Paper companies on Sector Alpha by market value (scores of 30 October 2026). Just above it: KS Smart Technologies, Seshasayee Paper & Boards and N R Agarwal Industries. Just below it: Pudumjee Paper Products, Emami Paper Mills and Satia Industries. ### Paper companies close in size

1. [KS Smart Technlogies Limited](https://www.sectoralpha.in/stocks/ks-smart-technlogies-limited) ₹1,315 crore
2. [Seshasayee Paper & Boards Ltd](https://www.sectoralpha.in/stocks/seshasayee-paper-boards-ltd) ₹1,279 crore
3. [N R Agarwal Industries Ltd](https://www.sectoralpha.in/stocks/n-r-agarwal-industries-ltd) ₹1,132 crore
4. Tamil Nadu Newsprint & Papers Ltd ₹887 crore
5. [Pudumjee Paper Products Ltd](https://www.sectoralpha.in/stocks/pudumjee-paper-products-ltd) ₹827 crore
6. [Emami Paper Mills Ltd](https://www.sectoralpha.in/stocks/emami-paper-mills-ltd) ₹709 crore
7. [Satia Industries Ltd](https://www.sectoralpha.in/stocks/satia-industries-ltd) ₹640 crore

[All 11 Paper companies, largest first](https://www.sectoralpha.in/sectors/paper#all-companies)

### Companies close in size in other industries

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3. Tamil Nadu Newsprint & Papers Ltd ₹887 crore
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## What else do people ask about Tamil Nadu Newsprint & Papers? ### What is Tamil Nadu Newsprint & Papers's share price today? Tamil Nadu Newsprint & Papers Ltd's share price is ₹134.72, −13.5% over the past year. The whole company is worth ₹934 Cr on the market. In the last 52 weeks it traded between ₹125 to ₹157; today it is 30% of the way up from the low, 7.5% below its 200-day average (as of 3 November 2026). ### What were Tamil Nadu Newsprint & Papers's latest quarterly results? Tamil Nadu Newsprint & Papers Ltd reported revenue of ₹1,147 Cr and net profit of ₹5.7 Cr for the Jun 2026 quarter. Earnings per share were ₹0.83. The operating margin was 10.0%, 1.1 percentage points higher than a year earlier (as of 3 November 2026). ### What is Tamil Nadu Newsprint & Papers's market cap? Tamil Nadu Newsprint & Papers Ltd's market capitalisation is ₹934 Cr at a share price of ₹134.72. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### What is Tamil Nadu Newsprint & Papers's P/E ratio? Tamil Nadu Newsprint & Papers Ltd's P/E is 3.6×, higher than 1% of its own last 11 years. Its usual level (the middle reading) is 8.4×. This compares the price with the company's own past; it is not a view on what the shares are worth (as of 3 November 2026). ### How is Tamil Nadu Newsprint & Papers valued against its own history? Against its own history, Tamil Nadu Newsprint & Papers Ltd's valuation is low: its P/E of 3.6× has been lower only 1% of the time in 11 years (usual level 8.4×). This compares the price with the company's own past; it is not a view on what the shares are worth or where the price goes next (as of 3 November 2026). ### How is Tamil Nadu Newsprint & Papers performing? Tamil Nadu Newsprint & Papers Ltd's share price has been falling for 2 weeks. Over the past 13 weeks it has done better than the NIFTY 500, for 1 week running. This describes what the data did, not a rating (as of 3 November 2026). ### Will Tamil Nadu Newsprint & Papers's share price go up? This page does not forecast Tamil Nadu Newsprint & Papers Ltd's share price. What it shows instead: the share price is ₹134.72, and it has been falling for 2 weeks. Its P/E of 3.6× is higher than 1% of its own last 11 years (as of 3 November 2026). ### Who owns Tamil Nadu Newsprint & Papers? Promoters own 35.3% of Tamil Nadu Newsprint & Papers Ltd, foreign institutions 5.4%, domestic institutions 6.6% and the public 48.7% (latest quarter). The biggest change over the last two years: Domestic institutions cut their stake by 7.7 percentage points over 8 quarters (as of 3 November 2026). ### Where is Tamil Nadu Newsprint & Papers in its business cycle? Tamil Nadu Newsprint & Papers Ltd's FY26 operating margin was 10.0%, against a 13-year range of 9.0% to 25.0%: the low end of its own range, which is often where recoveries start. The latest quarter was 10.0%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the Tamil Nadu Newsprint & Papers story? The main question: yearly earnings per share moved +6,529.6% while the share price moved −13.5%. 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 3 November 2026). ### Is Tamil Nadu Newsprint & Papers a stock worth studying right now? What the numbers show: Tamil Nadu Newsprint & Papers Ltd's earnings have grown faster than its share price. Earnings per share grew +6,529.6% in a year while the price moved −13.5%. The main open question: whether the price catches up with earnings that have already grown. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). ## Lists

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