JK Paper share price
NSE: JKPAPERBSE: 532162Paper, Forest & Jute ProductsSmall Cap
JK Paper Limited · Face value ₹10 Face value. The nominal value of one share as the company issued it, the unit its share capital is counted in and a dividend can be stated as a percentage of; it has no link to the share price. Face value in the glossary · Listed Sep 1965 on BSE, Jun 2005 on NSE
Last close ₹370.10down ₹11.50 (3.01%)BSE ₹369.70
Share price at the NSE close on 30 Oct 2026. Previous close ₹381.60.
30 Oct: open ₹381.60, high ₹381.60, low ₹366.35
52-week range of traded prices to 30 Oct 2026
₹304.85Low, 30 Mar 2026₹442.00High, 17 Sep 2026
- Next results date: the board meets on 2 Nov 2026 to consider: financial results. The notice · Results calendar
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies. Market capitalisation: how it is worked out
- ₹6,711 Cr729th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. Price to earnings, trailing: how it is worked out
- Earlier quarters restated in the year
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. Price to book: how it is worked out
- 1.22
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 1.08%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet.
- 7.1%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026.
- 0.42
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day. Volume in the glossary
- 1,84,76545.2% delivered
About JK Paper
JK Paper Limited is an Indian integrated wood-based paper and packaging company.1 It operates in office paper, paperboards, corrugated boxes, monocartons and labels, animal nutrition and defence electronics.1 Its paper plants are in Odisha and Gujarat, and its subsidiary The Sirpur Paper Mills Limited has a mill in Telangana.2
Its paper brands include JK Copier, JK Ultima, JK Tuffcote, JK Excel Bond and JK Aqua.3 The company said it has shifted towards packaging and downstream conversion businesses, with its paper business coming down to about half from three-fourths in the last 4 years.4 Its animal health business is the subsidiary Quadragen Vethealth, and its defence electronics business is the Delopt division.5 It sources pulpwood through a farm forestry programme in which farmers grow plantations.6
It was incorporated in 1960.7 Its registered office is at Fort Songadh in Tapi district, Gujarat, and its administrative office is in New Delhi.8 It installed its wood-based fine paper mill at Unit JKPM in Odisha in 1962 and acquired Sirpur Paper Mills in Telangana in 2018.910 Its other subsidiaries include JKPL Packaging Products, Radheshyam Wellpack and Borkar Packaging.11 Its promoter is Bengal & Assam Company Limited, which held 43.92% of the shares at the end of March 2026.12
JK Paper key points
Results
- Consolidated gross revenue from operations was ₹7,568.93 crore in the year to Mar 2026, against ₹7,064.62 crore a year earlier, restated for the scheme of arrangement.13
- Consolidated EBITDA (profit before finance costs, depreciation and tax) was ₹984.11 crore, against ₹1,026.31 crore. Consolidated profit after tax was ₹271.87 crore, against ₹406.68 crore.1415
- The company's sales volume was its highest ever, at 8.19 lakh metric tonnes in the year to Mar 2026, against 8.06 lakh metric tonnes a year earlier.16
- The company said operating margins in the year to Mar 2026 were under pressure, mainly from increased imports at lower prices and persistently high wood costs.17
Business segments
- Segment revenue before inter-segment eliminations, consolidated1819Others covers housing for employees, embedded systems and electro-optics, and animal nutrition products.
Item year to Mar 2026 year to Mar 2025 Paper and Packaging ₹6,890.28 crore ₹6,619.48 crore Others ₹192.17 crore ₹53.93 crore - The packaging conversion businesses (which turn paper and board into finished packaging) make corrugated packaging such as E-Flute boxes, heavy-duty cartons, octabins, paper pallets and wrap-around blanks, and metallised, holographic, dome and shrink sleeve labels.20
- In the year to Mar 2026, the corrugated boxes business grew volume by 7.4% and the monocartons business (folding cartons for retail packs) by 6.4%.21
- Delopt, the defence electronics division, recorded revenue growth of 68% over the previous year. It works on thermal imaging systems, night vision devices and surveillance systems.22
Plants and capacity
Wood supply
- In the year to Mar 2026, the company distributed more than 11.94 crore saplings, covering over 90,239 acres of plantation. It said it increased plantation acreage by over 50% in the last 3 years, against the average of the preceding 3 years.25
- The company stated in its annual report for the year to Mar 2026 that its BCTMP (bleached chemi-thermo mechanical pulp) project was expected to reduce reliance on imported hardwood pulp, the wood fibre paper is made from.26
Customers and sales reach
- Share of revenue from the largest customers, consolidated27
Item year to Mar 2026 year to Mar 2025 Largest customer 3.83% 3.92% Top 5 customers 11.73% 12.62% - Office paper in cut packs goes to offices, jobbers, institutes, students and households. Paperboard and cup stock go to pharma, FMCG (everyday consumer goods), electronics, food and beverage companies and quick service outlets.28
- Exports contributed 5.2% of total turnover in the year to Mar 2026. The company has 4 regional offices and more than 4,000 dealers.2930
- In the year to Mar 2026, the company added cutting centres in Delhi and Surat, taking its total number of cutting centres to 4.31
Expansion and capital spending
- The company stated in its annual report for the year to Mar 2026 that it is setting up a hybrid renewable power plant (solar and wind) of about 83 megawatts (MW) for Unit CPM, expected to be commissioned in the quarter to Dec 2027.32
- Consolidated capital expenditure was ₹544.52 crore in the year to Mar 2026, against ₹214.90 crore a year earlier.33
- On 9 Sep 2026 the company bought the remaining 20% of Radheshyam Wellpack Private Limited for ₹44.02 crore, making it a wholly owned subsidiary.34
Recent events
- A scheme of arrangement took effect on 15 Mar 2026: JKPL Utility Packaging Solutions, Securipax Packaging and Horizon Packs merged into the company from 1 Apr 2024, and The Sirpur Paper Mills became a direct wholly owned subsidiary.3536
- The company acquired 65.65% of Borkar Packaging Private Limited, a maker of folding cartons and corrugated boxes, with effect from 28 Oct 2025. On 11 Jun 2026 it bought a further 15.40%, taking its holding to 87.36%.3738
- On 30 Jun 2026 the company said its hardwood BCTMP plant had been commissioned and commercial production had begun that day.39
Litigation and regulatory matters
- In its filing of 28 Mar 2026, the company said the Commissioner of Income Tax (Appeals), Ahmedabad, deleted additions to its income for assessment year 2022-23, which had led to a demand of ₹49.53 crore including ₹15.19 crore of interest.40
- As of its annual report of 12 Aug 2026, a land title deed had not been transferred to the company because of litigation over land compensation, which was before the Supreme Court; the company had deposited ₹6.72 crore as the courts directed.41
Last updated
All 41 sources, each with its page
- 1. Annual report, 12 Aug 2026, page 89
- 2. Annual report, 12 Aug 2026, page 28
- 3. Annual report, 12 Aug 2026, page 93
- 4. Annual report, 12 Aug 2026, page 30
- 5. Annual report, 12 Aug 2026, page 94
- 6. Annual report, 12 Aug 2026, page 96
- 7. Annual report, 12 Aug 2026, page 28
- 8. Annual report, 12 Aug 2026, page 28
- 9. Annual report, 12 Aug 2026, page 39
- 10. Annual report, 12 Aug 2026, page 40
- 11. Annual report, 12 Aug 2026, page 133
- 12. Annual report, 12 Aug 2026, page 202
- 13. Annual report, 12 Aug 2026, page 100
- 14. Annual report, 12 Aug 2026, page 100
- 15. Annual report, 12 Aug 2026, page 100
- 16. Annual report, 12 Aug 2026, page 100
- 17. Annual report, 12 Aug 2026, page 100
- 18. Annual report, 12 Aug 2026, page 284
- 19. Annual report, 12 Aug 2026, page 284
- 20. Annual report, 12 Aug 2026, page 62
- 21. Annual report, 12 Aug 2026, page 94
- 22. Annual report, 12 Aug 2026, page 94
- 23. Annual report, 12 Aug 2026, page 34
- 24. Annual report, 12 Aug 2026, page 28
- 25. Annual report, 12 Aug 2026, page 100
- 26. Annual report, 12 Aug 2026, page 30
- 27. Annual report, 12 Aug 2026, page 294
- 28. Annual report, 12 Aug 2026, page 132
- 29. Annual report, 12 Aug 2026, page 132
- 30. Annual report, 12 Aug 2026, page 34
- 31. Annual report, 12 Aug 2026, page 94
- 32. Annual report, 12 Aug 2026, page 101
- 33. Annual report, 12 Aug 2026, page 284
- 34. Exchange filing, 9 Sep 2026, page 1
- 35. Exchange filing, 15 Mar 2026, page 1
- 36. Exchange filing, 15 Mar 2026, page 2
- 37. Annual report, 12 Aug 2026, page 101
- 38. Exchange filing, 11 Jun 2026, page 1
- 39. Exchange filing, 30 Jun 2026, page 1
- 40. Exchange filing, 28 Mar 2026, page 2
- 41. Annual report, 12 Aug 2026, page 170
Results
Consolidated; ₹ crore.JK Paper quarterly results
- Revenue growth, 12 monthsRevenue growth, 12 months. The last twelve months against the twelve before them. Left empty where the earlier figure was nought or a loss: growth out of a loss has no percentage.
- +10.3%
- Net profit growth, 12 monthsNet profit growth, 12 months. The last twelve months against the twelve before them. Left empty where the earlier figure was nought or a loss: growth out of a loss has no percentage.
- –
Quarter to Jun 2026, against the quarter before
- RevenueRevenue. The pill is the change in revenue against the quarter before: this period's figure divided by that one's, less one, in per cent.
- ₹1,887 Crdown 4.01%
- Net profitNet profit. The pill is the change in net profit against the quarter before: this period's figure divided by that one's, less one, in per cent. Net profit in the glossary
- ₹136 Crup 51.95%
- Net marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax. Net margin in the glossary
- 7.2%
Revenue by quarter
Net profit by quarter, a loss in red
The quarters either side of a change of basis do not compare. From the quarter to Mar 2026, the company's revenue for the year to Mar 2026, ₹7,076 Cr, differs from its quarters added, ₹7,152 Cr.
| ₹ crore | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,683 | 1,632 | 1,690 | 1,674 | 1,749 | 1,763 | 1,966 | 1,887 |
| Net profit | 129 | 65 | 77 | 85 | 78 | 28 | 90 | 136 |
| Net margin | 7.7% | 4.0% | 4.6% | 5.1% | 4.5% | 1.6% | 4.6% | 7.2% |
Consolidated. The last eight quarters. The latest is shaded. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share.
Year to Mar 2026
- Revenue
- ₹7,076 Cr
- Net profit
- ₹274 Cr
- Net margin
- 3.9%
Revenue by year
Net profit by year, a loss in red
The years either side of a change of basis do not compare. From the year to Mar 2026, the company's revenue for that year, ₹7,076 Cr, differs from its quarters added, ₹7,152 Cr.
| ₹ crore | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 2,764 | 2,877 | 3,257 | 3,060 | 2,751 | 3,969 | 6,437 | 6,659 | 6,718 | 7,076 |
| Net profit | 172 | 261 | 425 | 468 | 237 | 544 | 1,208 | 1,133 | 412 | 274 |
| Net margin | 6.2% | 9.1% | 13.0% | 15.3% | 8.6% | 13.7% | 18.8% | 17.0% | 6.1% | 3.9% |
Consolidated. Years to March. The latest is shaded. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share.
Business segments
Share of revenue, year to Mar 2026, consolidated.Segment revenue and profit
- Paper and PackagingPaper and Packaging, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹6,890 Cr97.3%
- OthersOthers, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹192 Cr2.7%
Valuation
Today, against the company's own history. Not shown, P/E: a results filing in the last twelve months restated the quarters before it inside its year to date, so the four quarters as the company reported them do not add to a twelve-month profit; the ratio returns once the trailing year no longer holds a quarter from before the restatement. Its history crosses a change of basis in the accounts in the year to Mar 2026: days before it are of the company before the change.JK Paper PE ratio and valuation
Price to book
At or below today's level on 41% of 1,935 trading days since Nov 2018.
LowestHighest
Its median1.30Industry median0.78
Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price. When a year's dividend goes ex later than the year before's, the yield reads zero for the days between; a run of under 60 such trading days is left out of the yield's medians and percentiles. The ex-date is the day from which a buyer of the share no longer gets the dividend.
At or below today's level on 16% of 2,418 trading days over the last 10 years.
LowestHighest
Its median1.63%Industry median1.18%
Where the return came from
Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.
| Over | Return a year | Earnings growth | Change in P/E | Dividend yield |
|---|---|---|---|---|
| 1 year | −0.6% | −35.1% | +51.2% | 1.3% |
| 3 years | −5.2% | −39.4% | +53.4% | 1.8% |
| 5 years | +17.3% | +2.1% | +13.0% | 1.9% |
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add. Earnings growth over 1, 3 and 5 years is on profit divided by shares in issue at both ends: the earnings per share stated for one end does not match that year's profit and share count.
Mutual fund holdings
21 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 7 of the 12 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future. 1 more fund filed its first portfolio on record, holding it.All 21 funds holding JK Paper
- AddedAdded. Funds that held more shares than at the end of the month before.
- 3
- CutCut. Funds that held fewer shares than at the end of the month before.
- 9
- Held unchangedHeld unchanged. Funds that held the same number of shares as at the end of the month before.
- 8
- Sold outSold out. Funds that held it at the end of the month before and hold none at this month's end. Sold out in the glossary
- 1
| Fund | |||
|---|---|---|---|
 UTI Value FundUTI Mutual Fund | 21,53,964 | 0.94% | ₹84.8 Cr |
 HSBC Value FundHSBC Mutual Fund | 17,03,078 | 0.46% | ₹67.1 Cr |
| UTI Large & Mid Cap FundUTI Mutual Fund | 12,91,670 | 0.82% | ₹50.9 Cr |
| UTI Aggressive Hybrid FundUTI Mutual Fund | 10,08,116 | 0.61% | ₹39.7 Cr |
| UTI ELSS Tax Saver FundUTI Mutual Fund | 6,50,277 | 0.79% | ₹25.6 Cr |
| UTI Multi Cap FundUTI Mutual Fund | 5,78,065 | 1.08% | ₹22.8 Cr |
 HDFC Equity Savings FundHDFC Mutual Fund | 3,90,110 | 0.28% | ₹15.4 Cr |
| UTI Retirement FundUTI Mutual Fund | 2,84,162 | 0.24% | ₹11.2 Cr |
 Motilal Oswal Nifty Microcap 250 Index FundMotilal Oswal Mutual Fund | 2,08,577 | 0.34% | ₹8.21 Cr |
| HDFC Conservative Hybrid FundHDFC Mutual Fund | 1,58,135 | 0.20% | ₹6.23 Cr |
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.
Promoter and insider buying and selling
Trades made since 1 Nov 2025.JK Paper insider trading
No promoter, director, key manager or employee bought or sold on the market.
- Promoters and promoter group: no market trade
Bought and sold count trades on the market only. A pledge is shares given to a lender as security for a loan; a lender invokes it by selling them.
JK Paper competitors and peers
Paper & Paper Products, 49 listed companies, priced on 30 Oct 2026. The table lists the 8 companies closest to JK Paper in market cap.Forest materials companies
JK Paper is not on the chart: it has no P/E or return on equity today
| Company | ||||||||
|---|---|---|---|---|---|---|---|---|
 West Coast Paper MillsWSTCSTPAPR | 5,386 | 23.23 | 1.49 | +8.2% | −7.9% | 6.5% | 5.7% | 0.37% |
 Andhra PaperANDHRAPAP | 1,328 | 25.47 | 0.68 | +14.0% | +153.9% | 2.7% | 0.4% | 0.75% |
 Seshasayee Paper and BoardsSESHAPAPER | 1,279 | 10.75 | 0.61 | +18.5% | +45.8% | 5.8% | 4.4% | 0.99% |
 N R Agarwal IndustriesNRAIL | 1,132 | 18.21 | 1.39 | +32.7% | +101.7% | 7.8% | 10.1% | 0.30% |
 Tamil Nadu Newsprint & PapersTNPL | 887 | 3.40 | 0.38 | +2.9% | – | 11.9% | 4.6% | 3.12% |
 Pudumjee Paper ProductsPDMJEPAPER | 827 | 8.54 | 1.15 | +6.0% | +5.8% | 14.3% | 14.8% | 0.69% |
 Emami Paper MillsEMAMIPAP | 709 | 5.39 | 1.39 | +16.7% | +610.6% | 24.1% | 16.9% | 2.73% |
 Satia IndustriesSATIA | 640 | – | 0.59 | −2.7% | −107.9% | −0.7% | −1.1% | 0.62% |
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.
Dividends
Per share, by the year it was paid for, and the latest payments.JK Paper dividend history
Dividend per share, ₹, restated for later splits and bonuses
Dividend per share. The dividends declared for the year, each restated to today's share count by the splits and bonuses after its own ex-date, added up. Dividend per share in the glossaryHighest ₹8.50 a share, year to Mar 2024.
| Ex-date | Type | Per share |
|---|---|---|
| 19 Aug 2026 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. Final dividend in the glossary | ₹4.00 |
| 18 Aug 2025 | Final | ₹5.00 |
| 20 Aug 2024 | Final | ₹5.00 |
| 16 Feb 2024 | Interim | ₹3.50 |
| 18 Aug 2023 | Final | ₹4.00 |
| 17 Feb 2023 | Interim | ₹4.00 |
Latest payments, as declared, by ex-date.
Latest announcements
Routine notices left out.JK Paper announcements
Oct 2026
23 Oct · Board meeting
12 Oct
Sep 2026
22 Sep · Legal
16 Sep · Rating
9 Sep · Business
JK Paper share price by year
Each calendar year to 2025.JK Paper share price history
| Year | Close at year end | Change | Highest close | Lowest close |
|---|---|---|---|---|
| 2025 | 356.10 | −14.2% | 426.25 | 285.05 |
| 2024 | 414.80 | +2.0% | 633.75 | 320.35 |
| 2023 | 406.80 | −0.6% | 422.35 | 307.15 |
| 2022 | 409.10 | +99.5% | 447.05 | 205.05 |
| 2021 | 205.10 | +92.9% | 280.70 | 113.85 |
| 2020 | 106.35 | −14.4% | 137.00 | 66.95 |
| 2019 | 124.20 | −18.6% | 155.60 | 95.70 |
| 2018 | 152.55 | +11.4% | 188.75 | 99.45 |
| 2017 | 136.95 | +60.7% | 143.85 | 86.05 |
| 2016 | 85.20 | +84.8% | 97.85 | 40.85 |
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before.
Recent sessions
The 9 trading days to 29 Oct 2026, as traded on NSE; the latest is at the top of the page.
| Date | Open | High | Low | Close | Average price | Volume | Delivery |
|---|---|---|---|---|---|---|---|
| 29 Oct 2026 | 373.20 | 384.05 | 373.20 | 381.60 | 380.65 | 1,41,119 | 36.0% |
| 28 Oct 2026 | 384.70 | 384.75 | 374.25 | 375.10 | 376.61 | 1,68,546 | 40.4% |
| 27 Oct 2026 | 368.00 | 388.90 | 366.25 | 384.75 | 378.71 | 2,85,855 | 46.4% |
| 26 Oct 2026 | 358.80 | 370.00 | 352.00 | 368.90 | 363.12 | 3,18,997 | 43.2% |
| 23 Oct 2026 | 377.05 | 378.05 | 351.15 | 357.00 | 360.37 | 5,06,531 | 50.2% |
| 22 Oct 2026 | 378.20 | 383.40 | 372.25 | 377.05 | 377.99 | 2,32,867 | 44.5% |
| 21 Oct 2026 | 383.10 | 385.85 | 373.80 | 383.85 | 380.18 | 3,22,689 | 44.3% |
| 19 Oct 2026 | 394.50 | 398.70 | 383.10 | 385.35 | 392.20 | 1,82,005 | 44.5% |
| 16 Oct 2026 | 390.40 | 398.95 | 387.30 | 396.10 | 394.72 | 2,93,357 | 34.3% |
Prices in ₹ per share as traded, not adjusted.
Price adjustments
What the price chart is corrected for, so it reads as one share held throughout.Buyback and rights issue history
| Ex-date | Event | Price factor | What happened |
|---|---|---|---|
| 26 Jul 2011 | Rights issue | – | Shareholders were offered new shares. Noted, not adjusted for. |
Each event is noted and not adjusted for.
Company details
- NSE symbol
- JKPAPER
- BSE code
- 532162
- ISIN
- INE789E01012
- Industry
- Paper, Forest & Jute Products
- Website
- www.jkpaper.com
- CIN
- L21010GJ1960PLC018099
- Corporate identity number, the registrar of companies' code for it
- Incorporated
- 1960
- Registered office
- P.O. Central Pulp Mills, Fort Songadh, Dist. Tapi, Surat 394660, Gujarat
- Share registrar
- MCS Share Transfer Agent Ltd
- Keeps the register of shareholders and handles transfers and dividend payments