Three M Paper Boards logo

Three M Paper Boards share price

BSE: 544214Paper, Forest & Jute ProductsSmall Cap

THREE M PAPER BOARDS LIMITED · Face value ₹10 · Listed Jul 2024
Last close ₹20.73down ₹3.76 (15.35%)

Share price at the BSE close on 23 Oct 2026. Previous close ₹24.49.

23 Oct: open ₹20.73, high ₹20.73, low ₹20.73

52-week range of traded prices to 23 Oct 2026
₹18.27Low, 30 Mar 2026₹39.99High, 13 Nov 2025
Market cap
₹40 Cr3,372nd largest listed
P/E
5.56
P/B
0.36
Dividend yield
Nonein the last 12 months
ROE
6.7%
ROCE
5.2%
Debt to equity
0.68
Volume, BSE
2,000

Three M Paper Boards share price chart

Daily closes since Jul 2024, adjusted for splits and bonuses

−37.2%over a year · Nifty 500 −9.8%

20-session average 5,100 shares a session, over sessions from 31 Aug 2026 to 23 Oct 2026

Results

Standalone; ₹ crore.Three M Paper Boards half-yearly results

Revenue growth, 12 months
+11.9%
Net profit growth, 12 months
−28.3%

Half year to Mar 2026, against the half year before

Revenue
₹154 Crup 7.35%
Net profit
₹4.13 Crup 35.56%
Net margin
2.7%

Revenue by half year

₹126 CrSep 24₹140 CrMar 25₹143 CrSep 25₹154 CrMar 26
Peak revenue ₹154 Cr, half year to Mar 2026; lowest ₹126 Cr, half year to Sep 2024

Net profit by half year, a loss in red

₹5.68 CrSep 24₹4.32 CrMar 25₹3.04 CrSep 25₹4.13 CrMar 26
₹ croreSep 2024Mar 2025Sep 2025Mar 2026
Revenue126140143154
Net profit6434
Net margin4.5%3.1%2.1%2.7%
Standalone. The 4 half years from Sep 2024, the first on record. The latest is shaded.

Business segments

In the year to Mar 2026 the company reports one business segment, PAPER BOARDS, which carries all its revenue.

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−39.7%−28.3%−15.9%0.0%
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.Three M Paper Boards shareholding pattern

Shareholding by group

  • Promoters70.32%
  • Indian institutions0.70%
  • Individuals and others28.99%
Holder
HITENDRA DHANJI SHAHPromoter47.61%
PRAFULLA HITENDRA SHAHPromoter10.68%
RUSHABH HITENDRA SHAHPromoter7.66%
COMFORT SECURITIES LIMITEDCompanies3.61%
HITENDRA DHANJI SHAH (HUF)Promoter3.53%
SARLA JAGDISH GADAPromoter0.37%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names.

Since Jun 2026: promoters +0.19 pts, Indian institutions unchanged.

The filing reports 38,47,472 of its 1,92,37,360 shares locked in.

Promoter and insider buying and selling

Trades made since 28 Oct 2025.Three M Paper Boards insider trading

Bought on the market Sold on the market
  • Promoters and promoter group27 purchases, 0 sales₹0.15 Cr3 mores with no value filedNo saleNet₹0.15 Crof the trades with a value
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.

Three M Paper Boards competitors and peers

Paper & Paper Products, 50 listed companies, priced on 27 Oct 2026. The table lists the 8 companies closest to Three M Paper Boards in market cap. Three M Paper Boards' own figures are from its last trade, on 23 Oct 2026. 2 companies in the table last traded before then: their rows are priced on their last trade.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
Utkal Speciality Industries IndiaUTKAL8511.70–––25.2%–0.00%
Malu Paper Mills logoMalu Paper MillsMALUPAPER59––+15.2%––−1.6%0.00%
Balkrishna Paper Mills logoBalkrishna Paper MillsBALKRISHNA47––+56.3%−2,405.7%––0.00%
Perfectpac logoPerfectpacPERFEPA4417.981.11−1.9%−32.1%6.3%8.2%1.52%
Kay Power and Paper logoKay Power and PaperKAYPOWR3429.970.42––1.7%1.0%0.00%
Spinaroo Commercial logoSpinaroo CommercialSPINAROO3361.331.95−0.1%−62.7%4.4%–0.00%
Mohit Paper Mills logoMohit Paper MillsMOHITPPR33–0.56+13.6%––11.3%0.00%
Vapi Enterprise logoVapi EnterpriseVAPIENTER2920.010.78–+1.4%4.0%−1.2%0.00%
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.

Latest announcements

Routine notices left out.Three M Paper Boards announcements

Three M Paper Boards share price by year

Each calendar year to 2025.Three M Paper Boards share price history

YearClose at year endChangeHighest closeLowest close
202536.80−42.2%64.8630.62
202463.65–79.8040.68
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. 2024 is from its first session, 22 Jul 2024.

Recent sessions

The 9 trading days to 22 Oct 2026, as traded on BSE; the latest is at the top of the page.

DateOpenHighLowCloseAverage priceVolume
22 Oct 202621.1124.4919.8224.4921.816,000
15 Oct 202621.2021.2021.1221.1621.164,000
13 Oct 202622.0022.0022.0022.0022.004,000
12 Oct 202622.0322.0322.0322.0322.032,000
8 Oct 202623.2523.2523.2523.2523.252,000
5 Oct 202623.2523.2523.2523.2523.254,000
1 Oct 202623.0023.0023.0023.0023.002,000
30 Sep 202623.0023.0023.0023.0023.002,000
29 Sep 202623.0023.0023.0023.0023.002,000
Prices in ₹ per share as traded, not adjusted.

Company details

BSE code
544214
ISIN
INE0UK501010
Industry
Paper, Forest & Jute Products
CIN
L22219MH1989PLC052740
Corporate identity number, the registrar of companies' code for it
Incorporated
1989
Registered office
A33 & 34, Floor -2, 5-B Naigaon Cross Road, Royal Industrial Estate, Wadala, Mumbai 400031, Maharashtra
Share registrar
Bigshare Services Pvt. Ltd
Keeps the register of shareholders and handles transfers and dividend payments