BALKRISHNA · Balkrishna Paper Mills Ltd · Paper & Paper Products
BALKRISHNA · Balkrishna Paper Mills Ltd · Paper & Paper Products
As of 05 Nov close
52-week range
34.8% below 52-week high
52-week range: as of 05 Nov 2026 close.
Price chartDaily closes on the stock page.
Weighted combination of 8 measured readings. Not a probability, a rating or a forecast.
Full signal detail →Fundamentals as of 16 Oct 2026
Revenue (latest Q)
₹2 Cr
Revenue YoY
PAT YoY
-2.3%
Operating margin
Revenue, last 8 quarters
P/E (TTM)
P/B
Not available from data source
P/S (TTM)
9.5
Sector P/E
Not available from data source
Dividend yield
0.0%
| Company | P/E | P/B | Net margin | ROE | D/E | Div. yield |
|---|---|---|---|---|---|---|
| BALKRISHNA (this stock) | Not meaningful (earnings negative over the last 12 months) | Not available from data source | -121.8% | +3.7% | -0.95 | 0.0% |
| Aditya Birla Real Estate | Not available from data source | 4.7 | -83.0% | -8.7% | 101.63 | +0.2% |
| JK Paper | 20.6 | 1.6 | +4.3% | +5.7% | 0.47 | +1.0% |
| KS Smart Technologies Ltd | 14.2 | 7.3 | +7.3% | +49.9% | 17.04 | Not available from data source |
Promoter
stable
FII
stable
MF
Not available from data source
Insider trades
No insider trades in the last 12 months.
Bulk/block deals
No bulk/block deals in the last 12 months.
News timeline
No related news.
Concalls & investor presentations
AI-generatedNo concall transcripts or investor presentations recorded yet.
AI Summary of Annual Report
AI-generatedThe report outlines the discontinuation of manufacturing operations at Ambivali and the shift to trading in plastic and packaging materials, alongside the initiation of real estate development. It highlights the company's adherence to corporate governance, including the reappointment of Prof. (Dr.) Mangesh D. Teli as an independent director, and the implementation of risk management frameworks. The report also notes the absence of dividend recommendations from management and the company's compliance with regulatory requirements.
- Discontinuation of manufacturing operations and transition to trading in plastic and packaging materials
- Initiation of real estate development as a new business line
- Reappointment of Prof. (Dr.) Mangesh D. Teli as an independent director following evaluation by the Nomination and Remuneration Committee
- Implementation of risk management frameworks and internal audit systems to ensure compliance and operational stability
- Management has stated a non-recommendation of dividends due to financial position and applicability of the Dividend Distribution Policy
Key takeaway: The company has transitioned from manufacturing to trading and real estate development, emphasizing corporate governance and risk management practices.
The following annual report excerpts provide qualitative strategic context. Do not treat any specific financial figures in these excerpts as authoritative — they may be incorrectly labeled due to PDF table extraction limitations. For precise financial data, refer to the structured fundamentals data above.
Governance disclosures
AI-generatedNeeds attention
Auditor Qualification (5 items); Regulatory Action (3 items)
Items of these kinds are disclosed in the filings. This is a count of disclosed items. It is not a finding about the company and its cause has not been independently established.
Auditor Qualification
5 occurrencesRecent (last 12 months)
The auditors issued a qualified opinion on the financial statements of Balkrishna Paper Mills Limited for the year ended 31st March, 2026, indicating that the financial statements do not present a true and fair view due to the effect of the matter described in the Basis for Qualified Opinion section of the report.
Earlier (1-3 years ago)
The auditors issued a qualified opinion on the financial statements of Balkrishna Paper Mills Limited for the year ended 31st March, 2025, indicating that the financial statements are not free from material misstatement due to the matter described in the Basis for Qualified Opinion section.
The predecessor auditors of the company issued a modified opinion on the comparative financial information for the year ended 31st March, 2023.
The auditor issued a qualified opinion on the financial statements of Balkrishna Paper Mills Limited for the year ended 31 March 2023, due to the company's losses and erosion of net worth, and the preparation of financial statements on a going concern basis.
Older (3+ years ago)
The auditor states that they are unable to determine if there is a material uncertainty regarding the company's ability to meet its liabilities within one year from the balance sheet date.
Regulatory Action
3 occurrencesRecent (last 12 months)
The company received a fine of Rs. 2000 plus 18% GST from BSE Ltd and NSE Ltd for early submission of the Annual Report by NSDL to shareholders by email. SEBI issued a warning letter for not obtaining prior shareholder approval for RPTs, though post-facto approval was obtained.
Earlier (1-3 years ago)
The company was fined Rs. 2,00,000/- by the Regional Director, Mumbai, and paid it. Additionally, a fine of Rs. 2000 plus 18% GST was imposed by BSE Ltd and NSE Ltd for early submission of the Annual Report by NSDL to shareholders by email.
The company was fined Rs.2,360/- (inclusive of GST) by BSE Limited for non-submission of the annual report within the period prescribed under Regulation 34 of SEBI (LODR) Regulations, 2015.
Routine disclosures
Internal Control Weakness
1 occurrenceOlder (3+ years ago)
The auditors indicated that there were no significant changes in internal control over financial reporting, no significant changes in accounting policies, and no instances of significant fraud involving management or employees with significant roles in the internal control system during the year.
Contingent Liability
6 occurrencesRecent (last 12 months)
The company has pending litigation matters and contingent liabilities, with management's assessment of possible outcomes based on legal advice and best judgement, though the outcomes are uncertain.
Earlier (1-3 years ago)
The company has pending litigation or other outstanding claims subject to negotiated settlement, mediation, arbitration, or government regulation, which are considered contingent liabilities.
The company has exposures to litigation relating to various matters as set out in note no. 41 as of 31st March, 2024.
The company has contingent liabilities as of 31st March 2023 and 2022, as detailed in Note No. 41 of the Annual Report 2022-2023.
Older (3+ years ago)
The company has contingent liabilities including disputed tax claims and guarantees given by the company's bankers on behalf of the company's indemnity.
The company has a term loan of USD 2.50 million secured by a mortgage charge over immovable fixed assets and hypothecation over movable fixed assets, with personal guarantees from promoter directors. It also has a working capital term loan of 4500 Lakhs secured by fixed assets, with personal guarantees from promoter directors.
Related-Party Transaction
3 occurrencesEarlier (1-3 years ago)
The National Stock Exchange of India issued an administrative warning to the company for obtaining post facto shareholder approval for material related party transactions with Poddar Bio Diesel Private Limited during FY2023-24, approved via e-voting on 20 April 2024.
Older (3+ years ago)
Siyaram Silk Mills Limited sold a warehouse (80,000 sq ft) to a related party for ₹19.08 crores. The transaction was approved by the Board on 04.06.2021 and shareholders on 23.07.2021 under SEBI and Companies Act regulations.
The company proposes a related party transaction with Siyaram Silk Mills Limited for the sale of a warehouse valued at Rs. 19.08 Crore, which is not in the ordinary course of business and not on arm’s length basis.
Management & Board Governance
2 occurrencesEarlier (1-3 years ago)
The auditor has issued a qualified report regarding the preparation of financial accounts for F.Y. 2022-23 on a going concern basis.
Older (3+ years ago)
Harish N. Motiwalla, an Independent Director, resigned from Balkrishna Paper Mills Limited effective March 4, 2022.