What the company actually pays, and whether its own cash supports it.
Dividends view
Yield
1.02%Below 5Y avg (1.77%)
Annual Rate
INR 4.00Paid annual
Payout Ratio
28.6%Sustainable
Payback Period
98.0 yr
Last Ex-Dividend
Aug 19, 2026
The reported statements, read against the company's own industry.
What stands out
Revenue is growing, but receivables have grown faster over the last six to eight years
Financials view
Market Capitalization
71.04BINR
742.30M · vs all stocks (USD)
Updated Aug 21, 2026
Trailing P/E
22.12x
vs Paper & Paper Products peers
Updated Aug 21, 2026
Revenue (TTM)
73.02BINR
763.00M · vs all stocks (USD)
Updated Aug 21, 2026
Profit Margin
4.34%
vs Paper & Paper Products peers
Updated Aug 21, 2026
Beta
0.3210x
vs all stocks
Updated Aug 21, 2026
52-Week Change
-4.28%
vs all stocks
Updated Aug 21, 2026
Market Capitalization
71.04BINR
742.30M · vs all stocks (USD)
Updated Aug 21, 2026
Enterprise Value
93.24BINR
974.28M · vs all stocks (USD)
Updated Aug 21, 2026
Trailing P/E
22.12x
vs Paper & Paper Products peers
Updated Aug 21, 2026
Forward P/E
6.46x
vs Paper & Paper Products peers
Updated Aug 21, 2026
PEG Ratio
0.2404x
Updated Aug 21, 2026
Price to Sales (TTM)
0.9863x
vs Paper & Paper Products peers
Updated Aug 21, 2026
Price to Book (MRQ)
1.31x
vs Paper & Paper Products peers
Updated Aug 21, 2026
Enterprise to Revenue
1.28x
vs Paper & Paper Products peers
Updated Aug 21, 2026
Enterprise to EBITDA
9.47x
vs Paper & Paper Products peers
Provider-reported. Enterprise Value ÷ EBITDA (TTM) on this page gives 8.73×.Updated Aug 21, 2026
Gross Margin
41.19%
vs Paper & Paper Products peers
Provider-reported. Gross Profit (TTM) ÷ Revenue (TTM) on this page gives 31.41%.Updated Aug 21, 2026
Profit Margin
4.34%
vs Paper & Paper Products peers
Updated Aug 21, 2026
Operating Margin
10.12%
vs Paper & Paper Products peers
Updated Aug 21, 2026
Return on Assets (TTM)
2.52%
vs Paper & Paper Products peers
Updated Aug 21, 2026
Return on Equity (TTM)
4.59%
vs Paper & Paper Products peers
Updated Aug 21, 2026
Revenue (TTM)
73.02BINR
763.00M · vs all stocks (USD)
Updated Aug 21, 2026
Revenue per Share (TTM)
402.82INRUpdated Aug 21, 2026
Quarterly Revenue Growth
12.70%
vs Paper & Paper Products peers
Updated Aug 21, 2026
Gross Profit (TTM)
22.94BINR
239.68M · vs all stocks (USD)
Updated Aug 21, 2026
EBITDA (TTM)
10.68BINR
111.63M · vs all stocks (USD)
Updated Aug 21, 2026
Net Income (TTM)
3.17BINR
33.11M · vs all stocks (USD)
Updated Aug 21, 2026
Quarterly Earnings Growth (YoY)
60.20%
vs Paper & Paper Products peers
Updated Aug 21, 2026
Operating Cash Flow (TTM)
7.73BINR
80.75M · vs all stocks (USD)
Updated Aug 21, 2026
Levered Free Cash Flow (TTM)
2.66BINR
27.78M · vs all stocks (USD)
Updated Aug 21, 2026
Trailing Annual Dividend Rate
4.00INRUpdated Aug 21, 2026
Trailing Annual Dividend Yield
1.02%
vs all stocks
Updated Aug 21, 2026
5-Year Average Dividend Yield
1.77%
vs all stocks
Updated Aug 21, 2026
Payout Ratio
28.60%
vs Paper & Paper Products peers
Provider-reported. Trailing Annual Dividend Rate ÷ Diluted EPS (TTM) on this page gives 22.27%.Updated Aug 21, 2026
Minority Interest (Equity)
2.66BINRFY2026 · Mar 31, 2026
Revenue
70.76BINRFY2026 · Mar 31, 2026
Cost of Goods Sold
43.72BINRFY2026 · Mar 31, 2026
Gross Profit
27.04BINRFY2026 · Mar 31, 2026
Operating Income
5.47BINR
57.17M · vs all stocks (USD)
FY2026 · Mar 31, 2026
Pre-tax Income
3.64BINRFY2026 · Mar 31, 2026
Income Tax Expense
926.10MINRFY2026 · Mar 31, 2026
Net Income
2.73BINRFY2026 · Mar 31, 2026
EBIT
5.90BINRFY2026 · Mar 31, 2026
EBITDA (Income Statement)
9.84BINRFY2026 · Mar 31, 2026
Other Operating Expenses
10.84BINRFY2026 · Mar 31, 2026
Non-operating Interest Expense
2.25BINRFY2026 · Mar 31, 2026
EPS (Basic)
14.66INRFY2026 · Mar 31, 2026
EPS (Diluted)
14.66INRFY2026 · Mar 31, 2026
Basic Shares Outstanding
181.34MSharesFY2026 · Mar 31, 2026
Diluted Shares Outstanding
181.34MSharesFY2026 · Mar 31, 2026
Minority Interests (P&L)
-76.60MINRFY2026 · Mar 31, 2026
Preferred Stock Dividends
0.00INRFY2026 · Mar 31, 2026
Operating Cash Flow
5.33BINRFY2026 · Mar 31, 2026
Free Cash Flow
427.40MINRFY2026 · Mar 31, 2026
Cash & Cash Equivalents (End of Period)
1.57BINRFY2026 · Mar 31, 2026
Starting Profit (CF Statement)
3.64BINRFY2026 · Mar 31, 2026
Other Non-cash Items
2.26BINRFY2026 · Mar 31, 2026
Change in Accounts Receivable (CF)
95.00MINRFY2026 · Mar 31, 2026
Change in Other Assets/Liabilities
-666.80MINRFY2026 · Mar 31, 2026
Capital Expenditures
-4.91BINRFY2026 · Mar 31, 2026
Net Acquisitions
-2.39BINRFY2026 · Mar 31, 2026
Purchase of Investments
-1.70BINRFY2026 · Mar 31, 2026
Other Investing Activity
400.60MINRFY2026 · Mar 31, 2026
Net Investing Cash Flow
-8.60BINRFY2026 · Mar 31, 2026
Long-term Debt Issuance
4.22BINRFY2026 · Mar 31, 2026
Long-term Debt Payments
-3.75BINRFY2026 · Mar 31, 2026
Net Short-term Debt Issuance
3.74BINRFY2026 · Mar 31, 2026
Common Dividends Paid
-846.00MINRFY2026 · Mar 31, 2026
Net Financing Cash Flow
3.36BINRFY2026 · Mar 31, 2026
Shares Outstanding
181.32MSharesUpdated Aug 21, 2026
Float Shares
76.82MSharesUpdated Aug 21, 2026
% Held by Insiders
57.61%
vs all stocks
Updated Aug 21, 2026
% Held by Institutions
10.94%
vs all stocks
Updated Aug 21, 2026
Total Cash (MRQ)
5.80BINR
60.59M · vs all stocks (USD)
Updated Aug 21, 2026
Total Cash per Share (MRQ)
32.00INRUpdated Aug 21, 2026
Total Debt (MRQ)
25.78BINR
269.33M · vs all stocks (USD)
Updated Aug 21, 2026
Total Debt to Equity (MRQ)
0.4454x
vs Paper & Paper Products peers
Updated Aug 21, 2026
Current Ratio (MRQ)
1.39x
vs Paper & Paper Products peers
Updated Aug 21, 2026
Book Value per Share (MRQ)
304.30INRUpdated Aug 21, 2026
Total Assets
105.38BINR
1.10B · vs all stocks (USD)
FY2026 · Mar 31, 2026
Total Current Assets
30.21BINRFY2026 · Mar 31, 2026
Total Liabilities
47.52BINRFY2026 · Mar 31, 2026
Total Non-current Assets
75.17BINRFY2026 · Mar 31, 2026
Total Non-current Liabilities
25.79BINRFY2026 · Mar 31, 2026
Total Current Liabilities
21.73BINRFY2026 · Mar 31, 2026
Cash & Cash Equivalents
1.57BINRFY2026 · Mar 31, 2026
Other Short-term Investments
6.36BINRFY2026 · Mar 31, 2026
Accounts Receivable
5.46BINRFY2026 · Mar 31, 2026
Inventory
13.48BINRFY2026 · Mar 31, 2026
Accounts Payable
8.55BINRFY2026 · Mar 31, 2026
Short-term Debt
10.27BINRFY2026 · Mar 31, 2026
Other Current Liabilities
1.34BINRFY2026 · Mar 31, 2026
Long-term Debt
15.50BINRFY2026 · Mar 31, 2026
Other Non-current Liabilities
670.30MINRFY2026 · Mar 31, 2026
Common Stock (Book)
1.81BINRFY2026 · Mar 31, 2026
Total Shareholders' Equity
57.86BINR
604.62M · vs all stocks (USD)
FY2026 · Mar 31, 2026
52-Week Low
304.85INRUpdated Aug 21, 2026
52-Week High
444.80INRUpdated Aug 21, 2026
52-Week Change
-4.28%
vs all stocks
Updated Aug 21, 2026
Beta
0.3210x
vs all stocks
Updated Aug 21, 2026
50-Day MA
370.58INRUpdated Aug 21, 2026
200-Day MA
357.99INRUpdated Aug 21, 2026
Avg 10-Day Volume
341.40KSharesUpdated Aug 21, 2026
Avg 30-Day Volume
880.40KSharesUpdated Aug 21, 2026
Diluted EPS (TTM)
17.96INRUpdated Aug 21, 2026
1 interpretation currently present — each is a set of fired observations whose alignment reads as one structural pattern. Click an observation to see the numbers behind it.
Returns and margins have sat in the top of its industry across five years.
Reads
An interpretation is present only while every observation it reads stays fired (score ≥ 70). It describes what the aligned readings show — never a verdict, never a prediction.
Shared structure with peers — never a ranking.
Relationships view
Structural observations derived from financial data, industry benchmarks, and supply chain position.
Structural Tensions
Revenue is growing, but receivables have grown faster over the last six to eight yearsSignificant
Revenue Growth YoY: 0.13Receivables vs revenue divergence: 5.05
High gross margins eroded by operating costsNotable
Gross Margin: 0.41Profit Margin: 0.04
Financial Health
Altman Z-Score 1.8: grey zoneSignificant
Altman Z-Score: 1.80
High earnings qualityNotable
Earnings Quality Score: 0.55
Supply Chain
Upstream position: supplies 5 industries, depends on 3Notable
Outgoing: 5.00Incoming: 3.00
Scale
Revenue is $763M, above the global median of $520.53MNotable