JK Paper
- Market cap
- ₹ 6,450 Cr.
- P/E
- 19.8x
- P/B
- 1.24x
- 52-week range
- 304.85 – 442
- ROE
- 5%
- ROCE
- 7%
- Dividend yield
- 1.1%
- Debt / equity
- 0.47
- Sector
- Paper, Forest & Jute Products
- Industry
- Paper & Paper Products
- Listed on
- NSE, BSE
About
JK Paper Limited is an India-based producer of paper and paper boards. The Company offers various products, such as office documentation papers, Writing and Printing Paper, coated paper and board, Packaging board solutions and Carton Board, Container Board and Labels Solutions. It offers a range of office documentation papers from economy to premium grades. The product includes JK Cedar Paper, JK Copier Plus Anti-Microbial, JK Copier, JK Easy Copier and others. The Writing and Printing Paper is a Premium Quality Writing & Printing Papers its product includes JK Elektra, JK Finesse, JK Lumina, JK SHB and others. Its Coated Paper and Board products include JK Cote (Matt/Gloss), JK Cedar Digital (Gloss), JK Cedar Digital (Matte). The Writing and Printing Paper is a Premium Quality Writing & Printing Papers its product includes JK Elektra, JK Finesse, JK Lumina, JK SHB and others. Its Coated Paper and Board products include JK Cote (Matt/Gloss), JK Cedar Digital (Gloss) and others.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Paper & Paper Products: 54 companies →JK Paper against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)19.8 against a typical 16.3: pricier than most peers (1st = cheapest).32nd of 52
- Sales growth+13.6% against a typical +10% from a year earlier.19th of 44
- Profit growth+61.9% against a typical +23% from a year earlier.13th of 33
- Share price, 3 months−3.6% against a typical −4.7%.25th of 50
- Size₹ 6,450 Cr. market value against a typical ₹ 86.8 Cr. (1st = largest).1st of 49
Latest announcements
Exchange filings and their impact on the company.
- JK Paper names ex-Bata CEO Gunjan Shah as President (Paper) to strengthen operations.
JK Paper said its Nomination and Remuneration Committee on 12 October 2026 approved the appointment of Gunjan Dinesh Kumar Shah, 51, as President (Paper) and his inclusion in senior management, subject to board approval. Shah is former Managing Director and CEO of Bata India and earlier held senior leadership roles at Britannia Industries, Asian Paints and Motorola, with nearly three decades across FMCG, retail and consumer businesses. The filing discloses no remuneration, targets or restructuring, so there is no immediate quantifiable financial impact, though the company says the hire will strengthen operations and support growth.
Credit ratings
Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates
High safety
Rated AA by 2 agencies- All agencies agree and none has raised a warning.
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| CRISIL | Crisil AA | Stable | 15 Sep 2026 |
| India Ratings | IND AA | Stable | 12 Jan 2026 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 15 Sep 2026 | Reaffirmed | Crisil AA | — | CRISIL | ₹ 3,840.5 Cr. | |
| 3 Jun 2026 | Reaffirmed | Crisil AA | — | CRISIL | ₹ 3,790.5 Cr. | |
| 12 Jan 2026 | Reaffirmed | IND AA | — | India Ratings | ₹ 1,050 Cr. | |
| 15 Sep 2025 | Reaffirmed | Crisil AA | — | CRISIL | ₹ 3,790.5 Cr. | |
| 7 Aug 2025 | Reaffirmed | Crisil AA | — | CRISIL | ₹ 3,240.5 Cr. |
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 2 Nov 2026Upcoming | Financial Results | To consider and approve the financial results for the period ended September 30, 2026 |
| 27 Jul 2026 | Financial Results | To consider and approve the financial results for the period ended Jun 30, 2026 |
| 18 May 2026 | Financial Results/Dividend | To consider and approve the financial results for the period ended March 31, 2026 and dividend |
| 5 Feb 2026 | Financial Results | To consider and approve the financial results for the period ended December 31, 2025 |
| 3 Nov 2025 | Financial Results | To consider and approve the financial results for the period ended September 30, 2025 |
| 28 Jul 2025 | Financial Results/Fund Raising | To consider and approve the financial results for the period ended Jun 30, 2025 and Fund Raising |
| 19 May 2025 | Financial Results/Dividend | To consider and approve the financial results for the period ended March 31, 2025 and dividend |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,650 | 1,706 | 1,719 | 1,714 | 1,683 | 1,632 | 1,677 | 1,661 | 1,749 | 1,717 | 1,966 | 1,887 |
| Expenses | 1,243 | 1,334 | 1,360 | 1,433 | 1,419 | 1,464 | 1,460 | 1,411 | 1,525 | 1,541 | 1,689 | 1,597 |
| Operating Profit | 407 | 372 | 359 | 280 | 264 | 168 | 218 | 250 | 224 | 176 | 277 | 290 |
| OPM % | 25% | 22% | 21% | 16% | 16% | 10% | 13% | 15% | 13% | 10% | 14% | 15% |
| Other Income | 59 | 56 | 57 | 29 | 32 | 22 | 12 | 23 | 20 | 3 | 0 | 31 |
| Interest | 42 | 80 | 35 | 36 | 68 | 24 | 50 | 67 | 51 | 47 | 60 | 40 |
| Depreciation | 84 | 83 | 63 | 80 | 82 | 83 | 86 | 89 | 91 | 97 | 100 | 99 |
| Profit before tax | 341 | 265 | 318 | 193 | 145 | 83 | 93 | 116 | 101 | 34 | 117 | 182 |
| Tax % | 10% | 11% | 13% | 27% | 11% | 21% | 29% | 28% | 23% | 34% | 23% | 26% |
| Net Profit | 306 | 236 | 279 | 141 | 129 | 65 | 67 | 84 | 78 | 24 | 90 | 136 |
| EPS in Rs | 17.85 | 13.88 | 16.27 | 8.25 | 7.59 | 3.86 | 4 | 4.67 | 4.41 | 1.24 | 5.07 | 7.18 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- 11%
- 5 Years
- 21%
- 3 Years
- 3%
- TTM
- 10%
- 10 Years
- 17%
- 5 Years
- 3%
- 3 Years
- −40%
- TTM
- −4%
- 10 Years
- 21%
- 5 Years
- 10%
- 3 Years
- 3%
- TTM
- —
- 10 Years
- 16%
- 5 Years
- 16%
- 3 Years
- 11%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| JK Paper | ₹ 374.55 | ₹ 6,450 Cr. | 19.8x | 1.2x | 5% | — |
| Aditya Birla Real Estate | ₹ 1,043.35 | ₹ 11,654 Cr. | — | 4.3x | −8.7% | −83% |
| KS Smart Technologies Ltd | ₹ 77.34 | ₹ 1,269 Cr. | 14.6x | 7.5x | 49.9% | 7.4% |
| GHV Infra Projects | ₹ 244.90 | ₹ 1,937 Cr. | 34.4x | 12.4x | 55.9% | 7.9% |
| Seshasayee Paper and Boards | ₹ 199.05 | ₹ 1,259 Cr. | 16.2x | 0.7x | 4.1% | 4.8% |
| Andhra Paper | ₹ 63.63 | ₹ 1,256 Cr. | 64.7x | 0.6x | 1% | 1.1% |
Management
- Harsh Pati Singhania
- Executive Chairman of the Board, Managing Director
- Amar Singh Mehta
- President, Executive Director
- K. R. Veerappan
- Chief Financial Officer
Prices are delayed and for information only. Nothing on this page is investment advice.