---
title: "Kalptaru Papers Ltd (590036) — Share Price, Financials & Analysis"
symbol: "590036"
company: "Kalptaru Papers Ltd"
canonical: "https://tapetide.com/stocks/590036"
isin: "INE783C01019"
bse_code: "590036"
sector: "Commodities"
industry: "Paper, Forest & Jute Products"
generated_at: "2026-09-13T20:37:52.054Z"
---

# Kalptaru Papers Ltd (590036)

Canonical page: https://tapetide.com/stocks/590036

## Company

- **BSE Code:** 590036
- **ISIN:** INE783C01019
- **Sector:** Commodities
- **Industry:** Paper, Forest & Jute Products
- **Macro Sector:** Commodities
- **Stock Type:** EQUITY
- **Listed Since:** 2006-03-01
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** kalptaru.co.in

## About

Kalptaru Papers manufactures Newsprint Paper, Absorbent Kraft Paper, Tissue Paper and Sack Kraft Paper.

## Latest Price

## Key Insights

### Weaknesses

- Company has low interest coverage ratio.

## Growth Rates

| Metric | 1Y | 3Y |
| --- | --- | --- |
| net income growth | -294% | -15% |
| revenue growth | -100% | — |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Sep 2013 | Dec 2013 | Mar 2014 | Jun 2014 | Sep 2014 | Dec 2014 | Mar 2015 | Jun 2015 | Sep 2015 | Dec 2015 | Mar 2016 | Jun 2016 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 12.46 | 0.09 | 1.09 | 0.22 | 0.02 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Expenses | 12.46 | 1.18 | 5.71 | 6.27 | 0.18 | 0.14 | 0.95 | 3.07 | 0.14 | 0.2 | 0.22 | 0.14 |
| Operating Profit | 0 | -1.09 | -4.62 | -6.05 | -0.16 | -0.14 | -0.95 | -3.07 | -0.14 | -0.2 | -0.22 | -0.14 |
| OPM % | 0 | -1211.11 | -423.85 | -2750 | -800 | — | — | — | — | — | — | — |
| Other Income | 0.43 | 0.03 | -0.29 | 0 | 0 | 0.12 | 0.44 | 5.88 | 0.02 | 0.14 | -2.91 | 0 |
| Interest | 1.22 | 1.04 | 1.23 | 1.12 | 0.98 | 1.09 | 0.58 | 0.27 | 0.26 | 3.27 | 0.08 | 0.28 |
| Depreciation | 0.68 | 0.68 | 0.62 | 0.63 | 0.65 | 0.65 | 1.96 | 0.74 | 0.74 | 0.74 | 0.83 | 0.74 |
| Profit before tax | -1.47 | -2.78 | -6.76 | -7.8 | -1.79 | -1.76 | -3.05 | 1.8 | -1.12 | -4.07 | -4.04 | -1.16 |
| Tax % | 0 | -15.11 | -33.73 | -30.13 | 0 | 0 | -60.66 | 0 | 0 | 0 | -118.81 | 0 |
| Net Profit | -1.47 | -2.36 | -4.48 | -5.45 | -1.8 | -1.76 | -1.2 | 1.81 | -1.11 | -4.06 | 0.77 | -1.16 |
| EPS in Rs | -3.29 | -5.28 | -10.03 | -12.2 | -4.03 | -3.94 | -2.69 | 4.05 | -2.48 | -9.09 | 1.72 | -2.6 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 38 | 52 | 55 | 60 | 99 | 76 | 36 | 0 | 0 | 0 |
| Expenses | 32 | 51 | 50 | 52 | 93 | 71 | 39 | 1 | 1 | 7 |
| Operating Profit | 5 | 1 | 5 | 7 | 6 | 5 | -3 | -1 | -1 | -7 |
| OPM % | 14 | 2.6 | 10 | 12 | 6 | 7 | -9 | — | — | — |
| Other Income | 0 | 0 | 0 | 0 | 0 | 0 | -1 | 1 | 0 | 0 |
| Interest | 1 | 4 | 3 | 4 | 4 | 4 | 5 | 4 | 4 | 1 |
| Depreciation | 2 | 2 | 2 | 2 | 3 | 3 | 3 | 4 | 3 | 3 |
| Profit before tax | 3 | -4 | 1 | 2 | 0 | -1 | -12 | -9 | -7 | -10 |
| Tax % | 44 | -38 | 32 | 41 | -26 | -25 | -25 | -21 | -65 | 0 |
| Net Profit | 2 | -2 | 1 | 1 | 0 | -1 | -9 | -7 | -3 | -10 |
| EPS in Rs | 3.87 | -5.51 | 1.43 | 2.1 | -0.51 | -2.44 | -19.87 | -15.13 | -5.82 | -23.19 |
| Dividend Payout % | 19 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 |
| Reserves | 8 | 6 | 6 | 7 | 7 | 6 | -3 | -10 | -12 | -23 |
| Borrowings | 42 | 41 | 36 | 36 | 37 | 42 | 45 | 44 | 43 | 51 |
| Other Liabilities | 11 | 20 | 20 | 20 | 17 | 16 | 12 | 10 | 13 | 5 |
| Total Liabilities | 65 | 70 | 67 | 67 | 65 | 68 | 59 | 50 | 47 | 38 |
| Fixed Assets | 26 | 27 | 26 | 39 | 37 | 34 | 32 | 29 | 26 | 23 |
| CWIP | 9 | 13 | 22 | 8 | 9 | 12 | 10 | 10 | 10 | 10 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 30 | 30 | 18 | 20 | 19 | 22 | 16 | 11 | 12 | 6 |
| Total Assets | 65 | 70 | 67 | 67 | 65 | 68 | 59 | 50 | 47 | 38 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | -13 | 8 | 18 | 6 | 4 | 2 | 1 | 4 | 6 | 8 |
| Cash from Investing Activity | -14 | -7 | -10 | -2 | -1 | -3 | 0 | 0 | 0 | 0 |
| Cash from Financing Activity | 27 | -1 | -7 | -4 | -3 | 1 | -2 | -4 | -6 | -8 |
| Net Cash Flow | 0 | 0 | 0 | 0 | 0 | 0 | -1 | 0 | 0 | 0 |
| Free Cash Flow | -27 | 1 | 8 | 4 | 3 | -1 | 2 | 4 | 6 | 8 |
| CFO/OP | -238 | 586 | 334 | 75 | 76 | 36 | -47 | -272 | -917 | -105 |

### Ratios

| Item | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 68 | 66 | 67 | 59 | 36 | 59 | 92 | -4079 | -8833 | — |
| Inventory Days | 71 | 99 | 40 | 56 | 24 | 38 | 34 | 1112 | -14016 | — |
| Days Payable | 77 | 142 | 69 | 50 | 24 | 30 | 44 | 2451 | — | — |
| Cash Conversion Cycle | 61 | 22 | 38 | 66 | 36 | 67 | 82 | -5418 | -22849 | — |
| Working Capital Days | 227 | 94 | 9 | 56 | 32 | 57 | 70 | -11208 | -61174 | — |
| ROCE % | 11 | 0 | 8 | 11 | 8 | 5 | -11 | -11 | -10 | -29 |

## Shareholding Pattern

### annual

| Category | Dec 2025 |
| --- | --- |
| Promoters | 74.8% |
| FIIs | 3.36% |
| DIIs | 1.69% |
| Public | 20.14% |
| No. of Shareholders | 27403 |

### Quarterly

| Category | Sep 2025 | Dec 2025 |
| --- | --- | --- |
| Promoters | 74.8% | 74.8% |
| FIIs | 3.95% | 3.36% |
| DIIs | 3.8% | 1.69% |
| Public | 17.44% | 20.14% |
| No. of Shareholders | 40853 | 27403 |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 25 Feb - Natwarlal Thadeshwar died Feb 24, 2026; held nil shares; promoter group list updated. | [Announcement under Regulation 30 (LODR)-Demise 25 Feb - Natwarlal Thadeshwar died Feb 24, 2026; held nil shares; promoter group list updated.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/38b9658e-8a9f-4669-b6ec-31517d7d412e.pdf) |
| 25 Feb - Investor/Analyst meeting scheduled for 26-Feb-2026 cancelled due to unavoidable circumstances; rescheduling to be intimated. | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 25 Feb - Investor/Analyst meeting scheduled for 26-Feb-2026 cancelled due to unavoidable circumstances; rescheduling to be intimated.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/9a5f0e05-176e-4611-9275-01b87a8d60a6.pdf) |
| 23 Feb - Relocated to Kandivali; facility 16,260 sq ft, capacity 4,000 kg p.a., Rs15 crore investment; production resumed Feb 23, 2026. | [Announcement under Regulation 30 (LODR)-Press Release / Media Release 23 Feb - Relocated to Kandivali; facility 16,260 sq ft, capacity 4,000 kg p.a., Rs15 crore investment; production resumed Feb 23, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/6a440e55-7ab7-4c7a-964e-ee0795d5d6cf.pdf) |
| 23 Feb - Relocated to Kandivali; capacity 2,500→4,000 kg p.a; Rs15 crore investment; operations started Feb 23, 2026. | [Intimation Under Regulation 30 And Regulation 51 Of SEBI (LODR) Regulations, 2015 -Shifting Of Existing Manufacturing Unit From Lower Parel To Kandivali. 23 Feb - Relocated to Kandivali; capacity 2,500→4,000 kg p.a; Rs15 crore investment; operations started Feb 23, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/04793d49-2212-4bd8-a553-1a20297d7934.pdf) |
| 12 Feb - Audio link of Q3 FY26 earnings call (12 Feb 2026, 3:00 PM IST) posted on company website. | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome 12 Feb - Audio link of Q3 FY26 earnings call (12 Feb 2026, 3:00 PM IST) posted on company website.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/629e47ea-6f17-4ffa-9aa9-411651b1df99.pdf) |
| 12 Apr 2017 - Compliance Certificate under Regulation 40(9) of SEBI (LODR) Regulations, 2015 for the half year ended on March 31, 2017. | [Certificate Under Regulation 40(9) Of SEBI(LODR) Regulations,2015. 12 Apr 2017 - Compliance Certificate under Regulation 40(9) of SEBI (LODR) Regulations, 2015 for the half year ended on March 31, 2017.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=cebece25-a576-4d78-aaff-fc4055c3035f.pdf) |
| 12 Apr 2017 - Compliance Certificate under Regulation 40(9) of SEBI (LODR) Regulations, 2015 for the half year ended on March 31, 2017. | [Certificate Under Regulation 40(9) Of SEBI(LODR) Regulations,2015. 12 Apr 2017 - Compliance Certificate under Regulation 40(9) of SEBI (LODR) Regulations, 2015 for the half year ended on March 31, 2017.](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2017/4/cebece25-a576-4d78-aaff-fc4055c3035f.pdf) |
| 12 Apr 2017 - Certificate under Regulation 7(3) of the SEBI(LODR) Regulations, 2015 for the half year ended on 31.03.2017. | [Compliance Certificate For The Period Ended On March,2017. 12 Apr 2017 - Certificate under Regulation 7(3) of the SEBI(LODR) Regulations, 2015 for the half year ended on 31.03.2017.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=2625f05c-d53a-4c3d-930c-3c862a70abf2.pdf) |
| 12 Apr 2017 - Certificate under Regulation 7(3) of the SEBI(LODR) Regulations, 2015 for the half year ended on 31.03.2017. | [Compliance Certificate For The Period Ended On March,2017. 12 Apr 2017 - Certificate under Regulation 7(3) of the SEBI(LODR) Regulations, 2015 for the half year ended on 31.03.2017.](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2017/4/2625f05c-d53a-4c3d-930c-3c862a70abf2.pdf) |
| 11 Feb - Crisil monitoring report for quarter ended Dec 31, 2025: IPO gross proceeds Rs4,009.20mn, net Rs3,613.57mn; fully utilized. | [Announcement under Regulation 30 (LODR)-Monitoring Agency Report 11 Feb - Crisil monitoring report for quarter ended Dec 31, 2025: IPO gross proceeds Rs4,009.20mn, net Rs3,613.57mn; fully utilized.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/7caaf801-0b81-4968-9272-657eafab4e48.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Nov 2025 | [Concall - Nov 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/70230845-372d-4ec6-b9ca-78144762878f.pdf) |
| Feb 2026 | [Concall - Feb 2026](https://www.bseindia.com/xml-data/corpfiling/AttachHis/8ccbd70d-07d0-4cde-aaf1-64f698c70672.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from bse | [Annual Report 2014 from bse](http://www.bseindia.com/bseplus/AnnualReport/590036/5900360314.pdf) |
| from bse | [Annual Report 2013 from bse](https://www.bseindia.com/bseplus/AnnualReport/590036/5900360313.pdf) |
| from bse | [Annual Report 2012 from bse](https://www.bseindia.com/bseplus/AnnualReport/590036/5900360312.PDF) |
| from bse | [Annual Report 2011 from bse](https://www.bseindia.com/bseplus/AnnualReport/590036/5900360311.pdf) |
| from bse | [Annual Report 2010 from bse](https://www.bseindia.com/bseplus/AnnualReport/590036/5900360310.pdf) |

---

Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T20:37:52.054Z.