Three M Paper Boards

SMEBSE: 544214
Compare with peers
₹ 20.73▼ 3.76 (−15.35%)23 Oct, 12:46 pm IST
Market cap
₹ 40 Cr.
P/E
6x
P/B
0.42x
52-week range
18.27 – 39.99
ROE
7%
ROCE
7%
Dividend yield
0%
Debt / equity
0.68
Sector
Paper, Forest & Jute Products
Industry
Paper & Paper Products
Listed on
BSE SME

About

Three M Paper Boards Limited is an India-based company. It is engaged in the business of manufacturing of recycled paper-based Duplex Board products used in various packaging applications across industries, such as food and beverages, pharmaceuticals, cosmetics and consumer goods, and supplies its Duplex Paper Board products in both domestic and international markets. Its products are made out of 100% recycled wastepaper and are biodegradable. Its product line includes the Royal Grey Back, Prima Grey Back, and Royal White Back boards, ranging from 200 to 500 GSM. Its product portfolio includes a diverse range of coated boards tailored to meet the specific needs and preferences of its customers. These boards offer varying thicknesses suitable for different packaging requirements. From lightweight folding carton boards to heavy-duty packaging boards, the Company offers a comprehensive selection of grades, coatings, and finishes to enhance printability, durability and shelf appeal.

Quick check

The five things to look at first. Open one for more.

Three M Paper Boards 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)6 against a typical 16.6: cheaper than most peers (1st = cheapest).8th of 52
  • Sales growth+9.2% against a typical +10% from a year earlier.24th of 44
  • Profit growth−20% against a typical +23% from a year earlier.25th of 33
  • Share price, 3 months−17.9% against a typical −4.7%.44th of 50
  • Size₹ 39.9 Cr. market value against a typical ₹ 86.8 Cr. (1st = largest).30th of 49

Share price

1Y change −39.03%
Volume (shares)Price (₹)
Close price

Financials

Consolidated figures in ₹ crore.

Quarterly results
₹ Cr.Sep 2023Mar 2024Sep 2024Mar 2025Sep 2025Mar 2026
Sales131141126140143154
Expenses120129117127135145
Operating Profit111291299
OPM %8%9%7%9%6%6%
Other Income131221
Interest443333
Depreciation333462
Profit before tax585824
Tax %−32%38%−25%43%−42%4%
Net Profit656434
EPS in Rs91.913.892.952.251.582.15

Growth and returns

Compounded yearly rates over each period.

Compounded Sales Growth
10 Years
—
5 Years
12%
3 Years
−3%
TTM
12%
Compounded Profit Growth
10 Years
—
5 Years
32%
3 Years
3%
TTM
−28%
Stock Price CAGR
10 Years
—
5 Years
—
3 Years
—
TTM
—
Return on Equity
10 Years
—
5 Years
12%
3 Years
12%
TTM
—

Shareholding

Latest: Jun 2026.

Promoters
70.13%
+0.14 pts in a year
FIIs
0%
−2.07 pts in a year
DIIs
0.69%
−0.73 pts in a year
Public
29.17%
+2.67 pts in a year

P/E and EPS over time

Daily price to earnings ratio.

P/E 6xMedian P/E 11x
P/E (times)

Peers

Listed companies in the same business.

Peer comparison
Three M Paper Boards₹ 20.73₹ 40 Cr.6x0.4x7%—
Aditya Birla Real Estate₹ 1,043.35₹ 11,654 Cr.—3.6x—−79.4%
JK Paper₹ 356.65₹ 6,450 Cr.26.6x1.4x—4.4%
West Coast Paper Mills₹ 796.95₹ 5,287 Cr.32.7x1.4x—5.4%
GHV Infra Projects₹ 244.90₹ 1,937 Cr.41.5x15x—6.9%
KS Smart Technologies Ltd₹ 77.34₹ 1,269 Cr.22.5x5.7x—6.3%

Management

Hitendra Dhanji Shah
Whole-Time Chairman of the Board
Dhiren Chunilal Chheda
Chief Financial Officer
Rushabh Hitendra Shah
Managing Director, Executive Director
Prafulla Hitendra Shah
Whole-Time Director
Sneha Parth Shah
Company Secretary

Prices are delayed and for information only. Nothing on this page is investment advice.