About
Astron Paper & Board Mill Limited manufactures and sells a range of kraft papers from wastepaper for the packaging industry in India. The company offers fluting medium, test liner, kraft liner, virgin top liner, H-RCT kraft liner, and liner products, as well as high ring crust test and corrugated medium papers. The company also exports its products. Astron Paper & Board Mill Limited was incorporated in 2010 and is based in Ahmedabad, India.
Key Metrics
as of Sep 2026Market Cap14 Cr
P/E—
Div Yield0.00 %
Book Value₹14.60
52w High₹18.90
52w Low₹2.88
Face Value₹10.00
Quarterly Results
Rs. Crores · hover row for definition| Metric | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 | Mar 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 0.07 | 1.45 | 0.00 | 1.28 | 0.88 | 1.36 | 35.56 | 58.15 | 78.40 | 73.33 | 80.67 | 78.38 | 91.54 |
| Expenses | 1.97 | 0.42 | 0.84 | 1.45 | 2.94 | 16.50 | 42.85 | 67.12 | 82.55 | 70.72 | 78.35 | 76.10 | 89.64 |
| Operating Profit | -1.90 | 1.03 | -0.84 | -0.17 | -2.06 | -15.14 | -7.29 | -8.97 | -4.15 | 2.61 | 2.32 | 2.28 | 1.90 |
| OPM % | -2,714.29 | 71.03 | — | -13.28 | -234.09 | -1,113.24 | -20.50 | -15.43 | -5.29 | 3.56 | 2.88 | 2.91 | 2.08 |
| Other Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.09 | 0.00 | 0.12 | 0.71 | 0.57 | 0.29 | 0.45 | 0.30 | 0.49 |
| Depreciation | 1.50 | 1.54 | 1.54 | 1.66 | 1.52 | 1.56 | 1.56 | 1.68 | 1.56 | 1.58 | 1.56 | 1.67 | 1.51 |
| Interest | 2.15 | 3.94 | 2.10 | 3.13 | 3.41 | 2.90 | 3.44 | 2.63 | 2.79 | 2.69 | 2.62 | 2.44 | 2.91 |
| Profit before tax | -5.55 | -4.45 | -4.48 | -4.96 | -6.90 | -19.60 | -12.17 | -12.57 | -7.93 | -1.37 | -1.41 | -1.53 | -2.03 |
| Tax % | 0.00 | 0.00 | 0.00 | 0.00 | 15.36 | 33.62 | -23.99 | -29.28 | -37.20 | -28.47 | -31.91 | -22.88 | -25.62 |
| Net Profit | -5.55 | -4.46 | -4.49 | -4.96 | -7.96 | -26.19 | -9.26 | -8.90 | -4.98 | -0.98 | -0.96 | -1.17 | -1.52 |
| EPS in Rs | -1.19 | -0.96 | -0.97 | -1.07 | -1.71 | -5.63 | -1.99 | -1.91 | -1.07 | -0.21 | -0.21 | -0.25 | -0.33 |
Profit & Loss
Annual · Rs. Crores| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 3.00 | 96.00 | 311.00 | 395.00 | 512.00 | 435.00 | 358.00 | 373.00 | 251.00 | 182.00 | 157.00 | 152.00 |
| Expenses | 5.00 | 129.00 | 308.00 | 410.00 | 485.00 | 407.00 | 324.00 | 323.00 | 219.00 | 161.00 | 137.00 | 133.00 |
| Operating Profit | -2.00 | -33.00 | 3.00 | -15.00 | 27.00 | 28.00 | 34.00 | 50.00 | 32.00 | 22.00 | 20.00 | 19.00 |
| OPM % | -68.00 | -35.00 | 1.00 | -3.80 | 5.00 | 6.00 | 10.00 | 13.00 | 13.00 | 12.00 | 12.00 | 13.00 |
| Other Income | 0.00 | 0.00 | 2.00 | 2.00 | 1.00 | 3.00 | 1.00 | 1.00 | 1.00 | 1.00 | 0.00 | 0.00 |
| Interest | 11.00 | 12.00 | 11.00 | 10.00 | 8.00 | 10.00 | 10.00 | 10.00 | 10.00 | 11.00 | 11.00 | 11.00 |
| Depreciation | 6.00 | 6.00 | 6.00 | 6.00 | 6.00 | 6.00 | 5.00 | 5.00 | 4.00 | 3.00 | 3.00 | 3.00 |
| Profit before tax | -19.00 | -51.00 | -12.00 | -29.00 | 14.00 | 15.00 | 20.00 | 36.00 | 19.00 | 8.00 | 6.00 | 6.00 |
| Tax % | 0.00 | 2.00 | -28.00 | -29.00 | 37.00 | 34.00 | 34.00 | 33.00 | -10.00 | -20.00 | 4.00 | 31.00 |
| Net Profit | -19.00 | -52.00 | -9.00 | -21.00 | 9.00 | 10.00 | 13.00 | 24.00 | 21.00 | 10.00 | 6.00 | 4.00 |
| EPS in Rs | -4.18 | -11.25 | -1.89 | -4.45 | 1.87 | 2.08 | 2.87 | 5.18 | 4.48 | 3.08 | 1.87 | 1.27 |
| Dividend Payout % | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Balance Sheet
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 46.00 | 46.00 | 46.00 | 46.00 | 46.00 | 46.00 | 46.00 | 46.00 | 46.00 | 32.00 | 32.00 | 32.00 |
| Reserves | 34.00 | 53.00 | 106.00 | 114.00 | 135.00 | 127.00 | 117.00 | 104.00 | 80.00 | 13.00 | 3.00 | -3.00 |
| Borrowings | 75.00 | 76.00 | 80.00 | 76.00 | 66.00 | 45.00 | 61.00 | 57.00 | 75.00 | 89.00 | 78.00 | 72.00 |
| Other Liabilities | 52.00 | 44.00 | 61.00 | 67.00 | 85.00 | 87.00 | 86.00 | 87.00 | 31.00 | 38.00 | 45.00 | 36.00 |
| Total Liabilities | 207.00 | 220.00 | 293.00 | 304.00 | 332.00 | 305.00 | 310.00 | 294.00 | 232.00 | 173.00 | 158.00 | 137.00 |
| Fixed Assets | 116.00 | 123.00 | 129.00 | 134.00 | 122.00 | 126.00 | 129.00 | 121.00 | 90.00 | 79.00 | 75.00 | 66.00 |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 8.00 | 7.00 | 0.00 | 2.00 | 13.00 | 1.00 | 0.00 | 1.00 |
| Investments | 5.00 | 5.00 | 5.00 | 5.00 | 6.00 | 6.00 | 4.00 | 4.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Assets | 86.00 | 93.00 | 158.00 | 165.00 | 197.00 | 166.00 | 177.00 | 167.00 | 128.00 | 92.00 | 84.00 | 70.00 |
| Total Assets | 207.00 | 220.00 | 293.00 | 304.00 | 332.00 | 305.00 | 310.00 | 294.00 | 232.00 | 173.00 | 158.00 | 137.00 |
Cash Flows
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 12.00 | 3.00 | 5.00 | 7.00 | -14.00 | 33.00 | 19.00 | 37.00 | 5.00 | 16.00 | 16.00 | 11.00 |
| Cash from Investing Activity | 0.00 | 2.00 | 0.00 | -9.00 | -1.00 | -4.00 | -11.00 | -27.00 | -28.00 | -10.00 | -10.00 | -2.00 |
| Cash from Financing Activity | -12.00 | -14.00 | -5.00 | 4.00 | 14.00 | -24.00 | -3.00 | -26.00 | 38.00 | -7.00 | -3.00 | -8.00 |
| Net Cash Flow | 0.00 | -10.00 | 0.00 | 1.00 | -2.00 | 6.00 | 4.00 | -15.00 | 15.00 | -1.00 | 2.00 | 1.00 |
| Free Cash Flow | 12.00 | 3.00 | 3.00 | -4.00 | -17.00 | 22.00 | 8.00 | 13.00 | -22.00 | 7.00 | 5.00 | 9.00 |
| CFO/OP % | -631.00 | -9.00 | 173.00 | -59.00 | -41.00 | 133.00 | 80.00 | 81.00 | 26.00 | 80.00 | 86.00 | 56.00 |
Ratios
Annual · Days / % — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 2,605.00 | 78.00 | 62.00 | 59.00 | 69.00 | 66.00 | 95.00 | 82.00 | 86.00 | 70.00 | 86.00 | 69.00 |
| Inventory Days | 1,921.00 | 56.00 | 66.00 | 53.00 | 47.00 | 59.00 | 86.00 | 94.00 | 75.00 | 132.00 | 129.00 | 129.00 |
| Days Payable | 5,030.00 | 145.00 | 96.00 | 73.00 | 71.00 | 92.00 | 125.00 | 107.00 | 53.00 | 79.00 | 27.00 | 20.00 |
| Cash Conversion Cycle | -504.00 | -11.00 | 33.00 | 39.00 | 45.00 | 33.00 | 55.00 | 68.00 | 108.00 | 123.00 | 188.00 | 178.00 |
| Working Capital Days | -6,766.00 | -150.00 | -16.00 | 3.00 | 28.00 | 24.00 | 23.00 | 23.00 | 20.00 | 12.00 | 17.00 | 12.00 |
| ROCE % | -5.00 | -19.00 | -1.00 | -8.00 | 10.00 | 11.00 | 14.00 | 22.00 | 17.00 | 16.00 | 16.00 | 17.00 |
Corporate Actions
7 records| Action | Ex Date | Record Date | Ratio | Amount (₹) | Notes |
|---|---|---|---|---|---|
| Other | 23 Sep 2024 | — | — | — | Annual General Meeting |
| Other | 22 Sep 2023 | — | — | — | Annual General Meeting |
| Other | 21 Sep 2022 | — | — | — | Annual General Meeting |
| Other | 16 Sep 2021 | — | — | — | Annual General Meeting |
| Other | 18 Sep 2020 | — | — | — | Annual General Meeting |
| Other | 17 Sep 2019 | — | — | — | Annual General Meeting |
| Other | 12 Sep 2018 | — | — | — | Annual General Meeting |
Announcements
5 filingsShareholding Pattern
Open on BSEFinancial Results — Filings
Open on BSEBoard Filings
Open on BSEAnnual Reports
Credit Ratings
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Rating update21 Jan from care
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Rating update14 Jan from infomerics
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Rating update14 Nov 2024 from infomerics
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Rating update12 Nov 2024 from care
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Rating update5 Apr 2024 from infomerics
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Rating update1 Apr 2024 from care