Subam Papers Limited

BSE: SUBAM · Packaging · sector

₹206.60BSE close 2026-10-26

Key numbers

Market cap₹568 cr

Price₹206.60

52w high / low₹248 / ₹138

P/E30.2xSector median 16.2x

P/B1.4xSector median 1.4x

Book value₹145.0

Dividend yield–Sector median 0.58%

ROE2.9%Sector median 9.8%

ROCE5.9%Sector median 11.6%

OPM7.6%Sector median 9.2%

Debt / equity0.43xSector median 0.39x

EV/EBITDA12.7xSector median 7.7x

Interest cover1.6x

Current ratio1.32x

Sales growth 3y–Sector median +4.7%

Profit growth 3y–Sector median +0.8%

PEG–

Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 63 companies in Packaging (P/E median leaves out loss-making companies). Tap ? for what a number means.

Things to know

Cash ₹2 cr vs borrowings ₹170 cr (FY26): borrowings are higher by ₹167 cr.
Operating profit covered interest 1.6x in the last 12 months.
Net loss in 2 of the last 5 quarters.
Other income was 17% of net profit in the last 12 months.
No dividend in the last 2 financial years.
Price ₹206.60 on 2026-10-26: -16.8% from the 52-week high, +49.7% 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 ₹242.35 · low ₹76.20

Quarterly results

₹ cr	Mar 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Revenue	269	297	146	141	171
EBITDA	27	28	8	9	13
OPM %	9.9%	9.3%	5.8%	6.2%	7.5%
Other income	6	2	1	-1	1
Net profit	9	13	0	-2	-1
EPS (₹)	5.47	5.63	0.06	1.02	0.14
Revenue YoY					-36.3%
Profit YoY					-107.9%

Consolidated figures where filed. Latest quarter Jun 2026.

Profit & loss (yearly)

₹ cr	FY25	FY26	TTM
Revenue	539	584	756
EBITDA	66	45	58
Net profit	27	11	10
EPS (₹)	15.28	4.51	6.85
Revenue growth		+8.3%	–
Profit growth		-59.7%	–
Dividend / share (₹)	–	–

Compounded growth	3 years	5 years	Last 12 months
Sales	–	–	–
Net profit	–	–	–
EPS	–	–	–
Share price	–	+27.0% (2y)	+43.0%

Balance sheet

₹ cr	FY25	FY26
Shareholders' equity	297	398
Borrowings	–	170
Cash & equivalents	37	2
Total assets	578	711
Fixed assets	239	354
Capital work in progress	–	34
Investments	4	11
Receivables	–	137
Inventory	52	99
Payables	–	83

Year-end figures from the March annual filing.

Cash flow

₹ cr	FY25	FY26
Cash from operations	32	35
Cash from investing	-61	-88
Cash from financing	55	51
Capex	51	114
Free cash flow	-18	-78

Free cash flow = cash from operations − capex.

Ratios by year

₹ cr	FY25	FY26
ROE %	9.0%	2.7%
ROCE %	19.1%	4.7%
Debtor days	–	85
Inventory days	45	76
Payable days	–	64
Cash conversion cycle (days)	–	97
Working capital days	68	42

Peers in Packaging

Company	Market cap	P/E	P/B	ROE	ROCE	OPM	Sales 3y	Div yield
EPL	₹7,100 cr	18.3x	2.5x	14.9%	17.0%	19.3%	+8.8%	2.25%
AGI	₹4,590 cr	12.7x	1.9x	16.1%	19.6%	22.5%	+5.3%	0.98%
UFLEX	₹4,111 cr	6.0x	0.5x	8.8%	8.9%	13.5%	+1.6%	0.53%
TCPLPACK	₹3,649 cr	31.6x	5.1x	16.9%	17.8%	15.3%	+7.9%	0.75%
JINDALPOLY	₹2,976 cr	–	1.0x	-27.6%	-17.5%	-78.1%	-14.4%	0.87%
POLYPLEX	₹2,943 cr	18.9x	0.7x	3.9%	6.9%	7.8%	-2.5%	1.55%
XPROINDIA	₹2,278 cr	69.0x	3.0x	4.8%	5.2%	9.3%	-0.4%	0.20%
KNACK	₹2,038 cr	–	–	–	–	–	–	–
MOLDTKPAC	₹1,928 cr	25.3x	2.8x	11.4%	13.4%	19.1%	+6.7%	0.69%
SUBAM	₹568 cr	30.2x	1.4x	2.9%	5.9%	7.6%	–	–

All 63 companies in Packaging →

Documents

Links go to the original files on the exchange website.

About the company


Sector	Industrials
Industry	Packaging
Sub-industry	Packaging
Symbol	SUBAM
BSE code	544267
ISIN	INE0U6201010
Face value	₹10.0
Incorporated	–
Website	–
Plants (India / abroad)	–

Data built 2026-10-23 from BSE company filings (inline XBRL: Integrated Filing - Finance) + BSE results summary for earlier years; price = BSE close 2026-10-26.