Balkrishna Paper Mills Ltd

About

Balkrishna Paper Mills Limited engages in the manufacture and sale of paper and paper boards primarily in India. It operates through the Paper and Paper Board, and Trading of Plastic & Packaging Materials segments. The company offers eco, chromo white back, eco-white, eco kraft back, and duplex coated boards. It serves pharmaceuticals, cosmetics, health care products, readymade garments, food products, match boxes, incense sticks, and the FMCG sectors. The company was formerly known as Nirvikara Paper Mills Limited. Balkrishna Paper Mills Limited was founded in 1975 and is based in Mumbai, India.

Key Metrics

as of Sep 2026

Market Cap55 Cr

P/E—

Div Yield0.00 %

Book Value₹23.30

52w High₹27.00

52w Low₹11.30

Face Value₹10.00

Quarterly Results

Rs. Crores · hover row for definition

Metric	Jun 2026	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024	Jun 2024	Mar 2024	Dec 2023	Sep 2023	Jun 2023
Sales	1.76	0.89	1.71	1.02	1.12	1.67	0.65	0.00	0.00	1.57	1.36	0.55	1.30
Expenses	1.91	1.15	2.00	1.21	1.28	1.84	0.84	0.27	0.24	2.24	1.74	0.78	4.46
Operating Profit	-0.15	-0.26	-0.29	-0.19	-0.16	-0.17	-0.19	-0.27	-0.24	-0.67	-0.38	-0.23	-3.16
OPM %	-8.52	-29.21	-16.96	-18.63	-14.29	-10.18	-29.23	—	—	-42.68	-27.94	-41.82	-243.08
Other Income	-0.34	-0.56	1.82	-0.43	-0.35	8.36	-0.36	-1.28	8.21	-25.22	-1.65	-28.65	0.24
Depreciation	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.37	0.01	0.02	1.45
Interest	1.30	1.93	1.74	1.16	1.25	1.22	1.25	1.56	1.83	2.66	2.07	1.71	2.88
Profit before tax	-1.79	-2.75	-0.21	-1.78	-1.76	6.97	-1.80	-3.11	6.14	-28.92	-4.11	-30.61	-7.25
Tax %	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-0.07	0.00	0.00	3.72
Net Profit	-1.80	-2.76	-0.21	-1.78	-1.76	6.96	-1.81	-3.11	6.14	-28.90	-4.11	-30.61	-7.52
EPS in Rs	-0.56	-0.86	-0.07	-0.55	-0.55	2.16	-0.56	-0.97	1.91	-8.97	-1.28	-9.51	-2.34

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	4.73	2.32	3.43	109.30	242.38	126.46	196.11	214.35	208.11	179.50	156.44	19.49
Expenses	5.62	3.16	4.39	144.37	247.97	135.65	209.44	237.04	230.87	191.45	164.80	21.42
Operating Profit	-0.89	-0.84	-0.96	-35.07	-5.59	-9.19	-13.33	-22.69	-22.76	-11.95	-8.36	-1.93
OPM %	-18.82	-36.21	-27.99	-32.09	-2.31	-7.27	-6.80	-10.59	-10.94	-6.66	-5.34	-9.90
Other Income	0.48	14.92	-62.91	0.15	15.76	2.79	0.22	0.11	2.35	5.30	44.28	0.03
Interest	6.09	5.88	7.21	10.99	8.50	12.92	12.97	14.45	10.66	7.33	5.35	0.61
Depreciation	0.01	0.02	0.06	6.12	6.17	6.33	6.62	6.61	6.83	5.77	3.66	0.54
Profit before tax	-6.51	8.18	-71.14	-52.03	-4.50	-25.65	-32.70	-43.64	-37.90	-19.75	26.91	-3.05
Tax %	0.00	0.00	0.00	-0.31	4.00	0.74	5.66	-3.21	6.04	18.78	38.72	1.97
Net Profit	-6.52	8.19	-71.14	-51.88	-4.69	-25.85	-34.56	-42.24	-40.19	-23.46	16.48	-3.10
EPS in Rs	-2.02	2.54	-22.08	-16.11	-1.46	-8.03	-10.73	-13.12	-12.48	-7.29	5.12	-0.96
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	32.22	32.22	10.74	10.74	10.74	10.74	10.74	10.74	10.74	10.74	10.74	10.74
Reserves	-207.66	-201.15	-232.62	-161.20	-109.25	-104.52	-78.68	-43.99	-1.85	38.39	64.37	47.82
Borrowings	166.09	160.04	215.20	223.53	204.74	192.29	176.80	145.14	128.72	81.00	81.98	89.24
Other Liabilities	27.20	27.81	52.01	61.73	80.81	116.02	87.13	95.79	72.35	75.23	49.73	38.82
Total Liabilities	17.85	18.92	45.33	134.80	187.04	214.53	195.99	207.68	209.96	205.36	206.82	186.62
Fixed Assets	0.40	0.42	26.81	120.88	127.73	139.33	145.66	149.39	155.16	156.05	77.24	79.33
CWIP	0.00	0.00	0.00	0.00	0.40	0.89	0.83	3.02	1.13	4.44	80.17	65.10
Investments	1.34	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	12.10	1.00
Other Assets	16.11	18.50	18.52	13.92	58.91	74.31	49.50	55.27	53.67	44.87	37.31	41.19
Total Assets	17.85	18.92	45.33	134.80	187.04	214.53	195.99	207.68	209.96	205.36	206.82	186.62

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	-4.29	-4.14	-8.40	-19.56	-54.54	23.56	-14.17	-3.48	-36.42	3.96	-1.93	2.85
Cash from Investing Activity	2.78	23.89	11.91	2.14	18.53	-0.21	-0.19	-2.40	-2.26	2.91	17.84	-2.23
Cash from Financing Activity	0.88	-19.35	-3.53	17.79	4.78	7.83	14.34	5.91	38.66	-10.36	-12.69	-0.30
Net Cash Flow	-0.63	0.40	-0.01	0.38	-31.23	31.18	-0.01	0.03	-0.02	-3.48	3.22	0.32
Free Cash Flow	-0.22	19.39	3.97	-17.52	-36.03	23.34	-14.57	-5.97	-39.04	-5.48	-17.37	0.40
CFO/OP %	501.00	473.00	881.00	56.00	972.00	-257.00	114.00	15.00	160.00	-29.00	-50.00	-148.00

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	16.21	78.66	188.35	2.97	9.05	31.60	21.16	26.80	28.62	28.28	24.26	276.79
Inventory Days	0.00	0.00	690.16	38.44	93.82	104.04	81.14	73.09	67.59	50.99	47.75	463.30
Days Payable	—	—	802.14	78.54	96.05	222.76	164.08	164.55	115.72	157.45	103.75	668.84
Cash Conversion Cycle	16.21	78.66	76.38	-37.13	6.82	-87.11	-61.78	-64.66	-19.51	-78.18	-31.74	71.25
Working Capital Days	-2,033.35	-8,335.22	-9,333.57	-243.78	-48.78	-317.20	-81.80	-113.43	-67.30	-111.13	-91.32	-756.78
ROCE %	—	—	-3.01	-45.86	-9.38	-12.32	-17.88	-23.47	-20.46	-8.61	-7.56	-3.27

Shareholding Pattern

% holding — latest first

Holder	Jun 2026	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024	Jun 2024	Mar 2024	Dec 2023	Sep 2023
Promoters	59.95	59.95	59.95	59.95	59.95	59.95	59.95	59.95	59.95	58.71	58.71	58.71
FIIs	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.01	0.01	0.00	0.00	0.00
DIIs	0.03	0.03	0.03	0.03	0.03	0.03	0.03	0.00	0.00	0.00	0.00	0.00
Public	40.01	40.03	40.02	40.01	40.02	40.02	40.02	40.04	40.04	41.30	41.29	41.29
No. of Shareholders	14,565	14,836	14,842	15,139	15,317	15,516	15,599	15,323	14,767	13,463	12,810	12,296

Corporate Actions

12 records

Action	Ex Date	Record Date	Ratio	Amount (₹)	Notes
Other	23 Sep 2024	—	—	—	Annual General Meeting
Rights	15 Mar 2024	15 Mar 2024	2:1	—
Other	15 Mar 2024	15 Mar 2024	—	—	Right Issue of Equity Shares
Other	28 Jul 2023	—	—	—	Annual General Meeting
Other	02 Sep 2022	—	—	—	Annual General Meeting
Other	15 Jul 2021	—	—	—	Annual General Meeting
Other	27 Aug 2020	—	—	—	Annual General Meeting
Other	29 Aug 2019	—	—	—	Annual General Meeting
Other	30 Aug 2018	—	—	—	Annual General Meeting
Other	12 Jul 2017	—	—	—	Annual General Meeting
Other	01 Sep 2016	—	—	—	Annual General Meeting
Other	13 Aug 2015	—	—	—	Annual General Meeting