Shree Ajit Pulp & Paper logo

Shree Ajit Pulp & Paper share price

NSE: SAPPLBSE: 538795Paper, Forest & Jute ProductsSmall Cap

Shree Ajit Pulp & Paper Limited · Face value ₹10 · Listed Nov 2014
Last close ₹325.95up ₹27.40 (9.18%)BSE ₹329.00

Share price at the NSE close on 27 Oct 2026. Previous close ₹298.55.

27 Oct: open ₹304.45, high ₹330.00, low ₹304.45

52-week range of BSE trades to 27 Oct 2026
₹212.00Low, 3 Feb 2026₹386.95High, 14 Oct 2026
Market cap
₹290 Cr2,297th largest listed
P/E
6.98
P/B
1.04
Dividend yield
Nonein the last 12 months
ROE
15.8%
ROCE
16.2%
Debt to equity
0.92
Volume, NSE
1,72290.9% delivered

Shree Ajit Pulp & Paper share price chart

Daily closes since Nov 2014, BSE closes Nov 2014 to Apr 2026, adjusted for splits and bonuses

+27.3%over a year on BSE closes · Nifty 500 −8.8%

The returns and 20-session average are on BSE closes, where the record is longest.20-session average 1,114 shares a day

Results

Consolidated; ₹ crore.Shree Ajit Pulp & Paper quarterly results

Revenue growth, 12 months
+28.5%
Net profit growth, 12 months
+179.9%

Quarter to Jun 2026, against the quarter before

Revenue
₹201 Crup 15.25%
Net profit
₹19 Crup 92.94%
Net margin
9.2%

Revenue by quarter

₹111 CrSep 24₹121 CrDec 24₹155 CrMar 25₹177 CrJun 25₹172 CrSep 25₹177 CrDec 25₹175 CrMar 26₹201 CrJun 26
Peak revenue ₹201 Cr, quarter to Jun 2026; lowest ₹111 Cr, quarter to Sep 2024

Net profit by quarter, a loss in red

₹1.38 CrSep 24₹1.86 CrDec 24₹4.54 CrMar 25₹7.07 CrJun 25₹5.84 CrSep 25₹7.53 CrDec 25₹9.61 CrMar 26₹19 CrJun 26
₹ croreSep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Revenue111121155177172177175201
Net profit1257681019
Net margin1.2%1.5%2.9%4.0%3.4%4.3%5.5%9.2%
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.

Business segments

In the year to Mar 2026 the company reports one business segment, Manufacturing of kraft paper (Testliner and Multilayer Testliner), which carries all its revenue.

Valuation

Today, against the company's own history. Its history crosses a change of basis in the accounts in the year to Mar 2018: days before it are of the company before the change.Shree Ajit Pulp & Paper PE ratio and valuation

Price to earnings

At or below today's level on 45% of 2,174 trading days since Jun 2017.

LowestHighest
Its median7.25Industry median15.60
Price to book

At or below today's level on 87% of 1,780 trading days since Nov 2018.

LowestHighest
Its median0.82Industry median0.80
Dividend yield

At or below today's level on 23% of 2,317 trading days over the last 10 years.

LowestHighest
Its median0.34%Industry median1.08%

Where the return came from

Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year+41.4%+202.5%−53.3%0.0%
3 years+1.2%−4.4%+5.9%0.0%
5 years+2.4%−5.5%+8.2%0.1%
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 year 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.

Shareholding

Per cent of the company's shares, from the filing for Sep 2026.Shree Ajit Pulp & Paper shareholding pattern

Shareholding by group

  • Promoters59.60%
  • Individuals and others40.40%
Holder
Gautam D ShahPromoter20.79%
Suresh Chimanlal ShahPromoter16.86%
Mayur Jayantilal ShahResident individuals, over ₹2 lakh at face value9.20%
Varun ShahPromoter8.35%
Bela G ShahPromoter7.56%
Swetal M ShahResident individuals, over ₹2 lakh at face value3.82%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names.

Since Jun 2026: promoters unchanged.

Shree Ajit Pulp & Paper competitors and peers

Paper & Paper Products, 50 listed companies, priced on 27 Oct 2026. The table lists the 8 companies closest to Shree Ajit Pulp & Paper in market cap.Forest materials companies

Where the company sits among the companies nearest its size

Return on equity across, P/E up, size is market cap
Company
Kuantum Papers logoKuantum PapersKUANTUM60216.660.49+11.9%−59.4%3.0%4.5%3.63%
Pakka logoPakkaPAKKA32923.63–+0.1%−49.2%3.0%2.5%0.00%
Orient Paper & Industries logoOrient Paper & IndustriesORIENTPPR318–0.22−0.1%–−4.7%−5.2%0.00%
Ruchira Papers logoRuchira PapersRUCHIRA3029.050.61−1.3%−52.1%6.9%7.3%2.47%
Genus Paper & Boards logoGenus Paper & BoardsGENUSPAPER26218.810.52+1.6%+50.1%2.8%5.9%0.00%
Star Paper Mills logoStar Paper MillsSTARPAPER2277.340.32−2.7%−22.7%4.5%1.1%1.72%
South India Paper Mills logoSouth India Paper MillsSTHINPA21714.710.98+15.0%–6.8%10.2%0.00%
Shreyans Industries logoShreyans IndustriesSHREYANIND186–0.43−0.9%−126.0%−3.3%−6.9%1.12%
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.Shree Ajit Pulp & Paper dividend history

Dividend per share, ₹, restated for later splits and bonuses

0.8Mar 170.8Mar 180.8Mar 190.8Mar 201Mar 211Mar 221Mar 23Mar 24Mar 25Mar 26
Highest ₹1.00 a share, years to Mar 2021, Mar 2022 and Mar 2023.
Ex-dateTypePer share
27 Jul 2023Final₹1.00
9 Sep 2022Final₹1.00
16 Sep 2021Final₹1.00
16 Sep 2020Final₹0.75
28 Aug 2019Final₹0.75
17 Sep 2018Final₹0.75
Latest payments, as declared, by ex-date.

Latest announcements

Routine notices left out.Shree Ajit Pulp & Paper announcements

Shree Ajit Pulp & Paper share price by year

Each calendar year to 2025.Shree Ajit Pulp & Paper share price history

YearClose at year endChangeHighest closeLowest close
2025BSE close261.05+25.5%275.00182.45
2024BSE close208.00−26.7%419.20180.00
2023BSE close283.90+2.1%308.50239.95
2022BSE close278.00−15.8%393.45265.00
2021BSE close330.30+89.0%372.95158.75
2020BSE close174.80+5.9%189.45137.45
2019BSE close165.00−41.1%280.00152.25
2018BSE close279.90+30.0%329.75172.00
2017BSE close215.25+16.5%289.55137.60
2016BSE close184.70+38.0%267.2595.00
₹ 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 26 Oct 2026, as traded on NSE; the latest is at the top of the page.

DateOpenHighLowCloseAverage priceVolumeDelivery
26 Oct 2026300.00305.00289.00298.55298.4748694.9%
23 Oct 2026301.35319.95282.00298.60297.932,81388.9%
22 Oct 2026314.75314.75302.00309.85311.3781099.0%
21 Oct 2026324.00324.00307.00310.05313.2738970.4%
19 Oct 2026330.00330.00299.90306.00315.331,40186.4%
16 Oct 2026341.35341.35310.00324.45328.921,66876.4%
15 Oct 2026349.55356.40330.00340.65345.301,11578.1%
14 Oct 2026379.95379.95340.00349.55356.312,59757.8%
13 Oct 2026338.95367.00329.75354.95351.496,56469.0%
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.

Ex-dateEventPrice factorWhat happened
18 Jan 2024Rights issue–Shareholders were offered new shares. Noted, not adjusted for.
18 Jan 2024Price move–A corporate action went ex within three days of this move (Right Issue of Equity Shares, ex-date 18 Jan 2024), and its terms do not account for the move. Not adjusted for.
Each event is noted and not adjusted for.

Company details

Chairperson and managing director
Gautam D. Shah
At the end of the quarter to Jun 2026
NSE symbol
SAPPL
BSE code
538795
ISIN
INE185C01017
Industry
Paper, Forest & Jute Products
CIN
L21010GJ1995PLC025135
Corporate identity number, the registrar of companies' code for it
Incorporated
1995
Registered office
Survey No . 239, Near Morai Rly-Crossing, Village Salvav, Via - Vapi. Dist. Valsad, 396191, Gujarat
Share registrar
MUFG Intime India Pvt. Ltd
Keeps the register of shareholders and handles transfers and dividend payments