Ganga Papers India Ltd.

BSE: GANGAPA · Paper & Paper Products · sector

₹86.00BSE close 2026-10-12

Key numbers

Market cap₹93 cr

Price₹86.00

52w high / low₹105 / ₹62

P/E50.3xSector median 13.8x

P/B2.9xSector median 0.6x

Book value₹29.9

Dividend yield–Sector median 1.38%

ROE5.7%Sector median 5.8%

ROCE7.3%Sector median 5.9%

OPM2.5%Sector median 8.2%

Debt / equity1.37xSector median 0.42x

EV/EBITDA17.0xSector median 8.0x

Interest cover1.8x

Current ratio1.25x

Sales growth 3y-2.0%Sector median -4.5%

Profit growth 3y-21.1%Sector median -13.6%

PEG–

Last 12 months to Jun 2026, Standalone. "Sector median" = middle value of 40 companies in Paper & Paper Products (P/E median leaves out loss-making companies). Tap ? for what a number means.

Things to know

Cash ₹5 cr vs borrowings ₹44 cr (FY26): borrowings are higher by ₹39 cr.
Operating profit covered interest 1.8x in the last 12 months.
Other income was 9% of net profit in the last 12 months.
No dividend in the last 5 financial years.
Price ₹86.00 on 2026-10-12: -18.0% from the 52-week high, +38.9% from the 52-week low.

Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.

Charts

Weekly close · high ₹126.75 · low ₹64.10

Quarterly results

₹ cr	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Revenue	64	62	71	71	76	86
EBITDA	2	2	2	2	2	2
OPM %	2.7%	2.6%	2.5%	2.3%	3.3%	2.1%
Other income	0	0	0	0	0	0
Net profit	1	0	0	0	1	0
EPS (₹)	0.57	0.29	0.28	0.20	0.77	0.46
Revenue YoY					+18.6%	+37.9%
Profit YoY					+24.6%	+61.3%

Standalone figures where filed. Latest quarter Jun 2026.

Profit & loss (yearly)

₹ cr	FY22	FY23	FY24	FY25	FY26	TTM
Revenue	275	298	246	258	280	304
EBITDA	4	9	7	6	8	8
Net profit	5	3	1	2	2	2
EPS (₹)	4.96	3.02	1.37	1.44	1.66	1.71
Revenue growth		+8.4%	-17.6%	+5.0%	+8.8%	–
Profit growth		-39.4%	-54.5%	+4.7%	+3.2%	–
Dividend / share (₹)	–	–	–	–	–

Compounded growth	3 years	5 years	Last 12 months
Sales	-2.0%	–	–
Net profit	-21.1%	–	–
EPS	-18.1%	–	–
Share price	–	-10.1% (2y)	-1.1%

Balance sheet

₹ cr	FY25	FY26
Shareholders' equity	31	32
Borrowings	35	44
Cash & equivalents	1	5
Total assets	86	100
Fixed assets	25	23
Investments	0	0
Receivables	39	41
Inventory	17	24
Payables	13	16

Year-end figures from the March annual filing.

Cash flow

₹ cr	FY25	FY26
Cash from operations	10	-2
Cash from investing	-7	-0
Cash from financing	-3	6
Capex	7	8
Free cash flow	3	-10

Free cash flow = cash from operations − capex.

Ratios by year

₹ cr	FY25	FY26
ROE %	5.1%	5.0%
ROCE %	6.2%	7.0%
Debtor days	55	54
Inventory days	30	40
Payable days	24	27
Cash conversion cycle (days)	61	67
Working capital days	10	20

Peers in Paper & Paper Products

Company	Market cap	P/E	P/B	ROE	ROCE	OPM	Sales 3y	Div yield
JKPAPER	₹6,689 cr	20.2x	1.2x	5.9%	8.0%	12.9%	+3.2%	1.27%
WSTCSTPAPR	₹5,203 cr	22.6x	1.4x	6.5%	9.4%	11.5%	-4.5%	0.74%
SESHAPAPER	₹1,290 cr	13.0x	0.6x	4.9%	5.9%	6.5%	-6.3%	1.22%
ANDHRAPAP	₹1,279 cr	46.3x	0.7x	1.4%	2.4%	4.8%	-6.7%	1.56%
NRAIL	₹1,122 cr	18.1x	1.4x	7.8%	10.0%	9.7%	+6.7%	0.31%
TNPL	₹899 cr	3.4x	0.4x	11.8%	6.6%	10.6%	-3.6%	2.31%
PDMJEPAPER	₹807 cr	8.8x	1.2x	14.5%	18.3%	15.4%	+2.1%	0.71%
EMAMIPAP	₹685 cr	7.7x	1.2x	14.9%	14.7%	12.0%	-6.2%	2.12%
SATIA	₹625 cr	–	0.6x	-0.7%	3.6%	7.8%	-8.3%	0.32%
GANGAPA	₹93 cr	50.3x	2.9x	5.7%	7.3%	2.5%	-2.0%	–

All 40 companies in Paper & Paper Products →

Documents

Links go to the original files on the exchange website.

About the company


Sector	Commodities
Industry	Paper & Paper Products
Sub-industry	Paper & Paper Products
Symbol	GANGAPA
BSE code	531813
ISIN	INE278O01015
Face value	₹10.0
Incorporated	–
Website	–
Plants (India / abroad)	–

Data built 2026-10-24 from BSE company filings (inline XBRL: Integrated Filing - Finance) + BSE results summary for earlier years; price = BSE close 2026-10-12.