Valuation Update With 7 Day Price Move • Apr 10
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to ₹29.75, the stock trades at a trailing P/E ratio of 7.2x. Average trailing P/E is 27x in the Forestry industry in India. Total returns to shareholders of 57% over the past three years. Reported Earnings • Feb 15
Third quarter 2026 earnings released: EPS: ₹1.91 (vs ₹1.84 in 3Q 2025) Third quarter 2026 results: EPS: ₹1.91 (up from ₹1.84 in 3Q 2025). Revenue: ₹440.6m (down 8.0% from 3Q 2025). Net income: ₹26.8m (up 3.8% from 3Q 2025). Profit margin: 6.1% (up from 5.4% in 3Q 2025). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has increased by 14% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Nov 14
Second quarter 2026 earnings released: EPS: ₹1.57 (vs ₹1.50 in 2Q 2025) Second quarter 2026 results: EPS: ₹1.57 (up from ₹1.50 in 2Q 2025). Revenue: ₹431.2m (up 20% from 2Q 2025). Net income: ₹21.9m (up 4.2% from 2Q 2025). Profit margin: 5.1% (down from 5.9% in 2Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has increased by 21% per year, which means it is tracking significantly ahead of earnings growth. New Risk • Oct 27
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.3x net interest cover). Market cap is less than US$10m (₹434.8m market cap, or US$4.93m). Minor Risk Share price has been volatile over the past 3 months (7.2% average weekly change). Board Change • Sep 03
High number of new directors Non-Executive Independent Director Satya Prakash was the last director to join the board, commencing their role in 2024. Annonce • Aug 25
Mohit Paper Mills Limited, Annual General Meeting, Sep 26, 2025 Mohit Paper Mills Limited, Annual General Meeting, Sep 26, 2025, at 16:00 Indian Standard Time. Reported Earnings • Aug 14
First quarter 2026 earnings released: EPS: ₹1.00 (vs ₹1.13 in 1Q 2025) First quarter 2026 results: EPS: ₹1.00 (down from ₹1.13 in 1Q 2025). Revenue: ₹535.1m (up 7.3% from 1Q 2025). Net income: ₹14.0m (down 12% from 1Q 2025). Profit margin: 2.6% (down from 3.2% in 1Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 20% per year whereas the company’s share price has increased by 22% per year. Annonce • Aug 05
Mohit Paper Mills Limited to Report Q1, 2026 Results on Aug 12, 2025 Mohit Paper Mills Limited announced that they will report Q1, 2026 results on Aug 12, 2025 Reported Earnings • May 30
Full year 2025 earnings released: EPS: ₹4.65 (vs ₹4.61 in FY 2024) Full year 2025 results: EPS: ₹4.65 (up from ₹4.61 in FY 2024). Revenue: ₹1.87b (down 2.6% from FY 2024). Net income: ₹65.0m (flat on FY 2024). Profit margin: 3.5% (up from 3.4% in FY 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 29% per year whereas the company’s share price has increased by 30% per year. Annonce • May 22
Mohit Paper Mills Limited to Report Q4, 2025 Results on May 28, 2025 Mohit Paper Mills Limited announced that they will report Q4, 2025 results on May 28, 2025 Valuation Update With 7 Day Price Move • May 16
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹34.25, the stock trades at a trailing P/E ratio of 6.8x. Average trailing P/E is 23x in the Forestry industry in India. Total returns to shareholders of 120% over the past three years. New Risk • Mar 05
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.6x net interest cover). Market cap is less than US$10m (₹415.8m market cap, or US$4.78m). Minor Risk Share price has been volatile over the past 3 months (8.1% average weekly change). Annonce • Feb 20
Mohit Paper Mills Limited Announces Resignation of Sourabh Mathur as Non-Executive Independent Director Mohit Paper Mills Limited announced that Mr. Sourabh Mathur, Non-Executive Independent Director of the Company, has tendered his resignation from the position of Non-Executive Independent Director with effect from February 19, 2025 citing personal reasons. Reported Earnings • Feb 16
Third quarter 2025 earnings released: EPS: ₹1.84 (vs ₹1.61 in 3Q 2024) Third quarter 2025 results: EPS: ₹1.84 (up from ₹1.61 in 3Q 2024). Revenue: ₹479.2m (down 5.0% from 3Q 2024). Net income: ₹25.8m (up 14% from 3Q 2024). Profit margin: 5.4% (up from 4.5% in 3Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 33% per year whereas the company’s share price has increased by 35% per year. Annonce • Feb 07
Mohit Paper Mills Limited to Report Q3, 2025 Results on Feb 14, 2025 Mohit Paper Mills Limited announced that they will report Q3, 2025 results at 9:15 AM, Indian Standard Time on Feb 14, 2025 Annonce • Nov 09
Mohit Paper Mills Limited to Report Q2, 2025 Results on Nov 14, 2024 Mohit Paper Mills Limited announced that they will report Q2, 2025 results on Nov 14, 2024 Annonce • Aug 21
Mohit Paper Mills Limited, Annual General Meeting, Sep 27, 2024 Mohit Paper Mills Limited, Annual General Meeting, Sep 27, 2024, at 16:00 Indian Standard Time. New Risk • Aug 16
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Indian stocks, typically moving 9.7% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (10% operating cash flow to total debt). Share price has been highly volatile over the past 3 months (9.7% average weekly change). Market cap is less than US$10m (₹547.4m market cap, or US$6.52m). Reported Earnings • Aug 15
First quarter 2025 earnings released: EPS: ₹1.13 (vs ₹1.25 in 1Q 2024) First quarter 2025 results: EPS: ₹1.13 (down from ₹1.25 in 1Q 2024). Revenue: ₹498.5m (up 6.0% from 1Q 2024). Net income: ₹15.8m (down 9.6% from 1Q 2024). Profit margin: 3.2% (down from 3.7% in 1Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has increased by 65% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Jul 11
Investor sentiment improves as stock rises 26% After last week's 26% share price gain to ₹46.34, the stock trades at a trailing P/E ratio of 10.1x. Average trailing P/E is 27x in the Forestry industry in India. Total returns to shareholders of 335% over the past three years. New Risk • Jul 10
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (10% operating cash flow to total debt). High level of non-cash earnings (33% accrual ratio). Market cap is less than US$10m (₹593.7m market cap, or US$7.11m). Minor Risk Share price has been volatile over the past 3 months (8.6% average weekly change). Valuation Update With 7 Day Price Move • Jun 26
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹37.05, the stock trades at a trailing P/E ratio of 8x. Average trailing P/E is 27x in the Forestry industry in India. Total returns to shareholders of 352% over the past three years. Valuation Update With 7 Day Price Move • Jun 12
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₹31.06, the stock trades at a trailing P/E ratio of 6.7x. Average trailing P/E is 27x in the Forestry industry in India. Total returns to shareholders of 295% over the past three years. Reported Earnings • May 30
Full year 2024 earnings released: EPS: ₹4.61 (vs ₹3.51 in FY 2023) Full year 2024 results: EPS: ₹4.61 (up from ₹3.51 in FY 2023). Revenue: ₹1.92b (down 15% from FY 2023). Net income: ₹64.5m (up 31% from FY 2023). Profit margin: 3.4% (up from 2.2% in FY 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 78% per year but the company’s share price has only increased by 57% per year, which means it is significantly lagging earnings growth. Annonce • May 24
Mohit Paper Mills Limited to Report Q4, 2024 Results on May 28, 2024 Mohit Paper Mills Limited announced that they will report Q4, 2024 results on May 28, 2024 Board Change • Apr 09
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Non-Executive & Non-Independent Director and GM of Administration & Marketing Mohit Jain was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Feb 13
Third quarter 2024 earnings released: EPS: ₹1.61 (vs ₹0.84 in 3Q 2023) Third quarter 2024 results: EPS: ₹1.61 (up from ₹0.84 in 3Q 2023). Revenue: ₹504.4m (down 8.5% from 3Q 2023). Net income: ₹22.6m (up 93% from 3Q 2023). Profit margin: 4.5% (up from 2.1% in 3Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 94% per year but the company’s share price has only increased by 80% per year, which means it is significantly lagging earnings growth. Annonce • Feb 03
Mohit Paper Mills Limited to Report Nine Months, 2024 Results on Feb 12, 2024 Mohit Paper Mills Limited announced that they will report nine months, 2024 results on Feb 12, 2024 Valuation Update With 7 Day Price Move • Dec 19
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to ₹31.22, the stock trades at a trailing P/E ratio of 6.7x. Average trailing P/E is 9x in the Forestry industry in India. Total returns to shareholders of 356% over the past three years. New Risk • Nov 12
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 33% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (7.4% operating cash flow to total debt). High level of non-cash earnings (33% accrual ratio). Market cap is less than US$10m (₹371.0m market cap, or US$4.45m). Annonce • Nov 04
Mohit Paper Mills Limited to Report Q2, 2024 Results on Nov 10, 2023 Mohit Paper Mills Limited announced that they will report Q2, 2024 results on Nov 10, 2023 New Risk • Sep 13
New major risk - Financial position The company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 19% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (19% operating cash flow to total debt). Market cap is less than US$10m (₹370.7m market cap, or US$4.47m). Annonce • Sep 07
Mohit Paper Mills Limited, Annual General Meeting, Sep 29, 2023 Mohit Paper Mills Limited, Annual General Meeting, Sep 29, 2023, at 16:00 Indian Standard Time. Agenda: To receive, consider and adopt the Audited Financial Statements of the Company for the financial year ended March 31, 2023, together with Boards' Report and Auditors' Report thereon; to re-appoint Mrs. Shubhi Jain (DIN: 06685602), director liable to retire by rotation; to consider the approval for remuneration of Mr. Sandeep Jain (DIN: 00458048), Managing Director of the Company in case of no profit or in adequate profits; to consider the approval for remuneration of Mr. Pradeep Rajput Kumar (DIN: 06685586), Whole Time Director of the Company in case of no profit or in adequate profits; to consider the approval for remuneration of Mr. Mohit Jain (DIN: 07203009) and holding an office or place of profit in the Company; to consider the re-appointment of Mr. Sourabh Mathur (DIN: 08354589) as the Non- Executive Independent Director of the Company for a second term of five consecutive years; and to consider other matters. Valuation Update With 7 Day Price Move • Aug 21
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹25.00, the stock trades at a trailing P/E ratio of 7.1x. Average trailing P/E is 8x in the Forestry industry in India. Total returns to shareholders of 213% over the past three years. Annonce • Aug 05
Mohit Paper Mills Limited to Report Q1, 2024 Results on Aug 14, 2023 Mohit Paper Mills Limited announced that they will report Q1, 2024 results on Aug 14, 2023 Reported Earnings • May 30
Full year 2023 earnings released: EPS: ₹3.51 (vs ₹1.40 in FY 2022) Full year 2023 results: EPS: ₹3.51 (up from ₹1.40 in FY 2022). Revenue: ₹2.26b (up 59% from FY 2022). Net income: ₹49.2m (up 151% from FY 2022). Profit margin: 2.2% (up from 1.4% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 68% per year whereas the company’s share price has increased by 66% per year. Reported Earnings • Feb 12
Third quarter 2023 earnings released: EPS: ₹0.84 (vs ₹0.56 in 3Q 2022) Third quarter 2023 results: EPS: ₹0.84 (up from ₹0.56 in 3Q 2022). Revenue: ₹551.4m (up 56% from 3Q 2022). Net income: ₹11.7m (up 50% from 3Q 2022). Profit margin: 2.1% (in line with 3Q 2022). Over the last 3 years on average, earnings per share has increased by 42% per year whereas the company’s share price has increased by 38% per year. Annonce • Feb 03
Mohit Paper Mills Limited to Report Q3, 2023 Results on Feb 11, 2023 Mohit Paper Mills Limited announced that they will report Q3, 2023 results on Feb 11, 2023 Board Change • Oct 31
High number of new directors Non-Executive & Non-Independent Director and GM of Administration & Marketing Mohit Jain was the last director to join the board, commencing their role in 2022. Annonce • Sep 08
Mohit Paper Mills Limited, Annual General Meeting, Sep 29, 2022 Mohit Paper Mills Limited, Annual General Meeting, Sep 29, 2022, at 16:00 Indian Standard Time. Agenda: To receive, consider and adopt the Audited Financial Statements of the Company for the financial year ended 31st March 2022, together with Boards' Report and Auditors' Report thereon; to re-appoint Mrs. Anju Jain (DIN: 00459540) who retires by rotation at this Annual General Meeting and being eligible offers herself for re-appointment; to Appointment of M/s Pankaj K. Goyal as the Statutory Auditors of the Company and to fix their remuneration; to approve the appointment of Mr. Mohit Jain (DIN: 07203009) as Director (Non-Executive and Non-Independent Director) (Director of Marketing); and to transact such other business issues. Reported Earnings • Sep 08
Full year 2022 earnings released: EPS: ₹1.40 (vs ₹2.45 loss in FY 2021) Full year 2022 results: EPS: ₹1.40 (up from ₹2.45 loss in FY 2021). Revenue: ₹1.43b (up 75% from FY 2021). Net income: ₹19.6m (up ₹54.0m from FY 2021). Profit margin: 1.4% (up from net loss in FY 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has increased by 29% per year, which means it is well ahead of earnings. Annonce • Aug 07
Mohit Paper Mills Limited to Report Q1, 2023 Results on Aug 11, 2022 Mohit Paper Mills Limited announced that they will report Q1, 2023 results on Aug 11, 2022 Valuation Update With 7 Day Price Move • Jun 10
Investor sentiment improved over the past week After last week's 16% share price gain to ₹17.30, the stock trades at a trailing P/E ratio of 8.2x. Average trailing P/E is 12x in the Forestry industry in India. Total returns to shareholders of 68% over the past three years. Annonce • May 17
Mohit Paper Mills Limited to Report Q4, 2022 Results on May 30, 2022 Mohit Paper Mills Limited announced that they will report Q4, 2022 results on May 30, 2022 Valuation Update With 7 Day Price Move • May 06
Investor sentiment deteriorated over the past week After last week's 18% share price decline to ₹23.30, the stock trades at a trailing P/E ratio of 11x. Average trailing P/E is 12x in the Forestry industry in India. Total returns to shareholders of 183% over the past three years. Buying Opportunity • May 02
Now 21% undervalued Over the last 90 days, the stock is up 138%. The fair value is estimated to be ₹34.12, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 15% over the last 3 years. Meanwhile, the company has become profitable. Board Change • Apr 27
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 4 highly experienced directors. Independent Non-Executive Director Sourabh Mathur was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Apr 01
Investor sentiment improved over the past week After last week's 17% share price gain to ₹15.49, the stock trades at a trailing P/E ratio of 7.3x. Average trailing P/E is 11x in the Forestry industry in India. Total returns to shareholders of 77% over the past three years. Reported Earnings • Feb 15
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: ₹0.56 (up from ₹0.90 loss in 3Q 2021). Revenue: ₹354.7m (up 40% from 3Q 2021). Net income: ₹7.84m (up ₹20.4m from 3Q 2021). Profit margin: 2.2% (up from net loss in 3Q 2021). The move to profitability was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 47% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings. Annonce • Feb 04
Mohit Paper Mills Limited to Report Q3, 2022 Results on Feb 14, 2022 Mohit Paper Mills Limited announced that they will report Q3, 2022 results on Feb 14, 2022 Valuation Update With 7 Day Price Move • Dec 27
Investor sentiment improved over the past week After last week's 16% share price gain to ₹12.44, the stock trades at a trailing P/E ratio of 19.1x. Average trailing P/E is 11x in the Forestry industry in India. Total loss to shareholders of 4.3% over the past three years. Valuation Update With 7 Day Price Move • Dec 06
Investor sentiment deteriorated over the past week After last week's 17% share price decline to ₹8.51, the stock trades at a trailing P/E ratio of 13x. Average trailing P/E is 11x in the Forestry industry in India. Total loss to shareholders of 41% over the past three years. Board Change • Dec 06
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 3 experienced directors. 4 highly experienced directors. Independent Non-Executive Director Sourabh Mathur was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Jul 06
Full year 2021 earnings released: ₹2.45 loss per share (vs ₹2.29 profit in FY 2020) The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2021 results: Revenue: ₹834.7m (down 37% from FY 2020). Net loss: ₹34.4m (down 207% from profit in FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 56 percentage points per year, which is a significant difference in performance. Is New 90 Day High Low • Mar 10
New 90-day high: ₹7.55 The company is up 22% from its price of ₹6.21 on 10 December 2020. The Indian market is up 14% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Forestry industry, which is up 30% over the same period. Reported Earnings • Feb 15
Third quarter 2021 earnings released: ₹0.90 loss per share (vs ₹0.25 profit in 3Q 2020) The company reported a poor third quarter result with weaker earnings, revenues and control over costs. Third quarter 2021 results: Revenue: ₹258.4m (down 18% from 3Q 2020). Net loss: ₹12.5m (down 455% from profit in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 49% per year but the company’s share price has only fallen by 26% per year, which means it has not declined as severely as earnings. Annonce • Feb 02
Mohit Paper Mills Limited to Report Q3, 2021 Results on Feb 13, 2021 Mohit Paper Mills Limited announced that they will report Q3, 2021 results on Feb 13, 2021 Is New 90 Day High Low • Feb 01
New 90-day low: ₹5.16 The company is down 22% from its price of ₹6.60 on 30 October 2020. The Indian market is up 18% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Forestry industry, which is up 36% over the same period. Is New 90 Day High Low • Nov 16
New 90-day low: ₹6.00 The company is down 9.0% from its price of ₹6.58 on 18 August 2020. The Indian market is up 10.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Forestry industry, which is up 3.0% over the same period. Valuation Update With 7 Day Price Move • Oct 13
Market pulls back on stock over the past week After last week's 17% share price decline to ₹6.45, the stock is trading at a trailing P/E ratio of 2.8x, down from the previous P/E ratio of 3.4x. This compares to an average P/E of 9x in the Forestry industry in India. Total return to shareholders over the past three years is a loss of 51%. Annonce • Aug 15
Mohit Paper Mills Limited to Report Q1, 2021 Results on Aug 24, 2020 Mohit Paper Mills Limited announced that they will report Q1, 2021 results on Aug 24, 2020 Annonce • Jun 17
Mohit Paper Mills Limited to Report Q4, 2020 Results on Jun 30, 2020 Mohit Paper Mills Limited announced that they will report Q4, 2020 results on Jun 30, 2020 