Reported Earnings • May 11
Full year 2026 earnings released: ₹1.36 loss per share (vs ₹2.58 loss in FY 2025) Full year 2026 results: ₹1.36 loss per share (improved from ₹2.58 loss in FY 2025). Revenue: ₹9.23b (up 3.1% from FY 2025). Net loss: ₹288.1m (loss narrowed 47% from FY 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 80 percentage points per year, which is a significant difference in performance. Reported Earnings • Feb 12
Third quarter 2026 earnings released: ₹1.00 loss per share (vs ₹0.49 loss in 3Q 2025) Third quarter 2026 results: ₹1.00 loss per share (further deteriorated from ₹0.49 loss in 3Q 2025). Revenue: ₹2.38b (up 3.5% from 3Q 2025). Net loss: ₹212.6m (loss widened 102% from 3Q 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 81 percentage points per year, which is a significant difference in performance. Reported Earnings • Nov 15
Second quarter 2026 earnings released: ₹1.44 loss per share (vs ₹0.93 loss in 2Q 2025) Second quarter 2026 results: ₹1.44 loss per share (further deteriorated from ₹0.93 loss in 2Q 2025). Revenue: ₹2.09b (flat on 2Q 2025). Net loss: ₹306.0m (loss widened 56% from 2Q 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 71 percentage points per year, which is a significant difference in performance. Reported Earnings • Aug 05
Full year 2025 earnings released: ₹2.58 loss per share (vs ₹0.29 profit in FY 2024) Full year 2025 results: ₹2.58 loss per share (down from ₹0.29 profit in FY 2024). Revenue: ₹8.96b (up 7.7% from FY 2024). Net loss: ₹546.6m (down ₹608.8m from profit in FY 2024). Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings. Announcement • Jul 17
Orient Paper & Industries Limited to Report Q1, 2026 Results on Aug 05, 2025 Orient Paper & Industries Limited announced that they will report Q1, 2026 results at 9:15 AM, Indian Standard Time on Aug 05, 2025 Reported Earnings • May 23
Full year 2025 earnings released: ₹2.58 loss per share (vs ₹0.29 profit in FY 2024) Full year 2025 results: ₹2.58 loss per share (down from ₹0.29 profit in FY 2024). Revenue: ₹9.12b (up 9.6% from FY 2024). Net loss: ₹546.6m (down ₹608.8m from profit in FY 2024). Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. New Risk • May 15
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 8.8% 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: Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (8.8% average weekly change). Market cap is less than US$100m (₹6.52b market cap, or US$76.2m). Announcement • May 05
Orient Paper & Industries Limited to Report Fiscal Year 2025 Results on May 22, 2025 Orient Paper & Industries Limited announced that they will report fiscal year 2025 results on May 22, 2025 Reported Earnings • Feb 11
Third quarter 2025 earnings released: ₹0.49 loss per share (vs ₹0.15 loss in 3Q 2024) Third quarter 2025 results: ₹0.49 loss per share (further deteriorated from ₹0.15 loss in 3Q 2024). Revenue: ₹2.35b (up 15% from 3Q 2024). Net loss: ₹105.1m (loss widened 227% from 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 6% per year whereas the company’s share price has fallen by 1% per year. Announcement • Jan 24
Orient Paper & Industries Limited to Report Q3, 2025 Results on Feb 10, 2025 Orient Paper & Industries Limited announced that they will report Q3, 2025 results on Feb 10, 2025 Board Change • Dec 26
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. 3 experienced directors. 2 highly experienced directors. Non-Executive Independent Director Raj Agrawal was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 17
Second quarter 2025 earnings released: ₹0.93 loss per share (vs ₹0.77 loss in 2Q 2024) Second quarter 2025 results: ₹0.93 loss per share (further deteriorated from ₹0.77 loss in 2Q 2024). Revenue: ₹2.08b (up 46% from 2Q 2024). Net loss: ₹196.6m (loss widened 21% from 2Q 2024). Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. New Risk • Oct 25
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: ₹8.39b (US$99.8m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Market cap is less than US$100m (₹8.39b market cap, or US$99.8m). Announcement • Oct 18
Orient Paper & Industries Limited to Report Q2, 2025 Results on Nov 11, 2024 Orient Paper & Industries Limited announced that they will report Q2, 2025 results on Nov 11, 2024 Announcement • Sep 16
Orient Paper & Industries Limited Appoints Pankaj Sharma as Head - Engineering and Projects Orient Paper & Industries Limited announced that the company has appointed Mr. Pankaj Sharma as Head - Engineering and Projects (Vice President) (designated as Senior Management Personnel of the Company as per Regulation 16(1)(d) of SEBI Listing Regulations) with effect from 16 September 2024 and shall continue until his resignation or upon attaining the age of retirement (as per the company's policy), whichever is earlier. Mr. Sharma is a Diploma holder in Mechanical Engineering from the State Board of Technical Education Punjab and has more than three decades of experience in Paper manufacturing industries. He has worked with organizations like NR Agarwal Industries Limited, Khanna Paper Mills Pvt. Ltd., Shreyans Industries Ltd., and Oswal Paper's and Allied Industries Ltd, etc. Announcement • Aug 21
Orient Paper & Industries Limited Announces Cessation of Hirender Goyal as Head- Engineering & Utilities Orient Paper & Industries Limited announced that Mr. Hirender Goyal, Head- Engineering & Utilities (designated as Senior Management Personnel of the Company has tendered his resignation due to personal issues, With effect from 17th August, 2024. Reported Earnings • Aug 12
First quarter 2025 earnings released: ₹0.30 loss per share (vs ₹1.52 profit in 1Q 2024) First quarter 2025 results: ₹0.30 loss per share (down from ₹1.52 profit in 1Q 2024). Revenue: ₹2.38b (down 2.0% from 1Q 2024). Net loss: ₹64.2m (down 120% from profit in 1Q 2024). Over the last 3 years on average, earnings per share has increased by 64% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth. Announcement • Aug 03
Orient Paper & Industries Limited Approves Dividend for the Year Ended 31 March, 2024 Orient Paper & Industries Limited at its AGM held on August 2, 2024, approved a dividend of INR 0.25 (25%) per equity share of INR 1.00 each for the year ended 31 March, 2024. Announcement • Jul 29
Orient Paper & Industries Limited to Report Q1, 2025 Results on Aug 08, 2024 Orient Paper & Industries Limited announced that they will report Q1, 2025 results on Aug 08, 2024 Upcoming Dividend • Jul 19
Upcoming dividend of ₹0.25 per share Eligible shareholders must have bought the stock before 26 July 2024. Payment date: 01 September 2024. Payout ratio is on the higher end at 85% but the company is not cash flow positive. Trailing yield: 0.4%. Lower than top quartile of Indian dividend payers (1.1%). Lower than average of industry peers (0.6%). Reported Earnings • Jul 10
Full year 2024 earnings released: EPS: ₹0.29 (vs ₹4.68 in FY 2023) Full year 2024 results: EPS: ₹0.29 (down from ₹4.68 in FY 2023). Revenue: ₹8.32b (down 12% from FY 2023). Net income: ₹62.3m (down 94% from FY 2023). Profit margin: 0.7% (down from 11% in FY 2023). Over the last 3 years on average, earnings per share has increased by 96% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth. Announcement • Jul 04
Orient Paper & Industries Limited, Annual General Meeting, Aug 02, 2024 Orient Paper & Industries Limited, Annual General Meeting, Aug 02, 2024, at 15:00 Indian Standard Time. Declared Dividend • Jul 04
Dividend reduced to ₹0.25 Dividend of ₹0.25 is 75% lower than last year. Ex-date: 26th July 2024 Payment date: 1st September 2024 Dividend yield will be 0.4%, which is lower than the industry average of 0.8%. Sustainability & Growth Dividend is covered by earnings (86% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 9.6% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to decline by 4.2% to shift the payout ratio to a potentially unsustainable range, which is less than the 43% EPS decline seen over the last 5 years. Reported Earnings • May 30
Full year 2024 earnings released: EPS: ₹0.29 (vs ₹4.68 in FY 2023) Full year 2024 results: EPS: ₹0.29 (down from ₹4.68 in FY 2023). Revenue: ₹8.57b (down 9.1% from FY 2023). Net income: ₹62.3m (down 94% from FY 2023). Profit margin: 0.7% (down from 11% in FY 2023). Over the last 3 years on average, earnings per share has increased by 96% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth. Announcement • May 29
Orient Paper & Industries Limited Recommends Dividend for the Year Ended 31 March, 2024 Orient Paper & Industries Limited at its board of directors meeting held on May 29, 2024, recommended a dividend of INR 0.25 (25%) per equity share of INR 1.00 each for the year ended 31 March, 2024, subject to the approval of shareholders at the upcoming Annual General Meeting (AGM) of the Company. Valuation Update With 7 Day Price Move • Apr 29
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to ₹52.85, the stock trades at a trailing P/E ratio of 17.9x. Average trailing P/E is 20x in the Forestry industry in India. Total returns to shareholders of 145% over the past three years. Announcement • Apr 05
Orient Paper & Industries Limited Approves Appointment of Amit Poddar as Head - Finance & Accounts Orient Paper & Industries Limited informed that the Board of Directors of the Company at its meeting held on 3 April, 2024 approved appointment of Mr. Amit Poddar as Head - Finance & Accounts with effect from 3 April, 2024, based on the recommendation of the Nomination and Remuneration Committee. The term of appointment shall commence from 3 April, 2024 and shall continue until his resignation or upon attaining the age of retirement (as per the Company's policy), whichever is earlier. Mr. Amit Poddar is an alumnus of St. Xaviers' College, Kolkata and holds a bachelor's degree in commerce. He is a qualified Chartered Accountant and Company Secretary. He has more than 2 decades of experience in the field of Accounts, Costing Taxation, Financial Planning, Fund Management, Procurement of inventories, Commercial Operations, MIS. He has worked with organizations like India Power Corporation Limited, Tata Teleservices Limited, Whirlpool of India Limited. Reported Earnings • Feb 09
Third quarter 2024 earnings released: ₹0.15 loss per share (vs ₹1.86 profit in 3Q 2023) Third quarter 2024 results: ₹0.15 loss per share (down from ₹1.86 profit in 3Q 2023). Revenue: ₹2.07b (down 18% from 3Q 2023). Net loss: ₹32.2m (down 108% from profit in 3Q 2023). Over the last 3 years on average, earnings per share has increased by 111% per year but the company’s share price has only increased by 33% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Jan 19
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to ₹54.00, the stock trades at a trailing P/E ratio of 10.9x. Average trailing P/E is 11x in the Forestry industry in India. Total returns to shareholders of 168% over the past three years. Reported Earnings • Nov 09
Second quarter 2024 earnings released: ₹0.77 loss per share (vs ₹0.35 profit in 2Q 2023) Second quarter 2024 results: ₹0.77 loss per share (down from ₹0.35 profit in 2Q 2023). Revenue: ₹1.43b (down 35% from 2Q 2023). Net loss: ₹163.2m (down 316% from profit in 2Q 2023). Over the last 3 years on average, earnings per share has increased by 114% per year but the company’s share price has only increased by 36% per year, which means it is significantly lagging earnings growth. Announcement • Nov 04
Orient Paper & Industries Limited to Report Q2, 2024 Results on Nov 08, 2023 Orient Paper & Industries Limited announced that they will report Q2, 2024 results on Nov 08, 2023 Announcement • Sep 20
Orient Paper & Industries Limited Appoints Hirender Goyal as Head- Engineering & Utilities Orient Paper & Industries Limited announced the appointment of Mr. Hirender Goyal as Head- Engineering & Utilities with effect from 17th September, 2023. Mr. Hirender Goyal is an alumnus of NIT, Kurukshetra and holds a bachelor's degree in mechanical engineering. He has more than 3 decades of experience in different paper industries. Mr. Hirender Goyal has worked with organizations like Trident, Century Paper, APP Indonesia, BILT, Star Paper. Valuation Update With 7 Day Price Move • Aug 18
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹48.95, the stock trades at a trailing P/E ratio of 8x. Average trailing P/E is 8x in the Forestry industry in India. Total returns to shareholders of 168% over the past three years. Announcement • Aug 09
Orient Paper & Industries Limited Approves Dividend for the Financial Year Ended 31 March, 2023 Orient Paper & Industries Limited approved dividend of INR 1 (100%) per equity share of face value of INR 1/- each for the financial year ended 31st March, 2023 at its annual general meeting held on 8 August, 2023. Announcement • Jul 26
Orient Paper & Industries Limited to Report Q1, 2024 Results on Aug 09, 2023 Orient Paper & Industries Limited announced that they will report Q1, 2024 results on Aug 09, 2023 Upcoming Dividend • Jul 25
Upcoming dividend of ₹1.00 per share at 2.4% yield Eligible shareholders must have bought the stock before 01 August 2023. Payment date: 07 September 2023. Payout ratio is a comfortable 21% but the company is not cash flow positive. Trailing yield: 2.4%. Within top quartile of Indian dividend payers (1.5%). Higher than average of industry peers (1.0%). Reported Earnings • Jul 20
Full year 2023 earnings released: EPS: ₹4.68 (vs ₹1.36 loss in FY 2022) Full year 2023 results: EPS: ₹4.68 (up from ₹1.36 loss in FY 2022). Revenue: ₹9.43b (up 61% from FY 2022). Net income: ₹992.5m (up ₹1.28b from FY 2022). Profit margin: 11% (up from net loss in FY 2022). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 64% per year but the company’s share price has only increased by 29% per year, which means it is significantly lagging earnings growth. Announcement • Jul 13
Orient Paper & Industries Limited, Annual General Meeting, Aug 08, 2023 Orient Paper & Industries Limited, Annual General Meeting, Aug 08, 2023, at 11:00 Indian Standard Time. Announcement • May 19
Orient Paper & Industries Limited Recommends a Dividend for the Year Ended 31 March, 2023 Orient Paper & Industries Limited recommended a dividend of INR 1 (100%) per equity share of INR 1 each for the year ended 31 March, 2023, subject to the approval of shareholders at the upcoming Annual General Meeting (AGM) of the Company. Reported Earnings • May 19
Full year 2023 earnings released: EPS: ₹4.68 (vs ₹1.36 loss in FY 2022) Full year 2023 results: EPS: ₹4.68 (up from ₹1.36 loss in FY 2022). Revenue: ₹9.72b (up 66% from FY 2022). Net income: ₹992.5m (up ₹1.28b from FY 2022). Profit margin: 10% (up from net loss in FY 2022). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 64% per year but the company’s share price has only increased by 40% per year, which means it is significantly lagging earnings growth. Reported Earnings • Feb 05
Third quarter 2023 earnings released: EPS: ₹1.86 (vs ₹0.17 loss in 3Q 2022) Third quarter 2023 results: EPS: ₹1.86 (up from ₹0.17 loss in 3Q 2022). Revenue: ₹2.53b (up 54% from 3Q 2022). Net income: ₹395.1m (up ₹430.1m from 3Q 2022). Profit margin: 16% (up from net loss in 3Q 2022). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 23% per year, which means it is well ahead of earnings. Announcement • Jan 21
Orient Paper & Industries Limited to Report Q3, 2023 Results on Feb 03, 2023 Orient Paper & Industries Limited announced that they will report Q3, 2023 results on Feb 03, 2023 Upcoming Dividend • Jul 26
Upcoming dividend of ₹0.25 per share Eligible shareholders must have bought the stock before 02 August 2022. Payment date: 09 September 2022. The company is not currently making a profit and is not cash flow positive. Trailing yield: 1.0%. Lower than top quartile of Indian dividend payers (1.7%). Higher than average of industry peers (0.7%). Reported Earnings • Jul 17
Full year 2022 earnings released Full year 2022 results: Revenue: ₹5.86b (up 32% from FY 2021). Net loss: ₹288.8m (loss narrowed 38% from FY 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 117 percentage points per year, which is a significant difference in performance. Reported Earnings • May 31
Full year 2022 earnings released: ₹1.36 loss per share (vs ₹2.19 loss in FY 2021) Full year 2022 results: ₹1.36 loss per share (up from ₹2.19 loss in FY 2021). Revenue: ₹5.95b (up 34% from FY 2021). Net loss: ₹288.8m (loss narrowed 38% from FY 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 101 percentage points per year, which is a significant difference in performance. Reported Earnings • Feb 16
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: ₹0.17 loss per share (up from ₹0.50 loss in 3Q 2021). Revenue: ₹1.65b (up 39% from 3Q 2021). Net loss: ₹35.1m (loss narrowed 67% from 3Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 107 percentage points per year, which is a significant difference in performance. Reported Earnings • Aug 15
First quarter 2022 earnings released: ₹0.54 loss per share (vs ₹0.82 loss in 1Q 2021) The company reported a solid first quarter result with reduced losses, improved revenues and improved control over expenses. First quarter 2022 results: Revenue: ₹919.0m (up 14% from 1Q 2021). Net loss: ₹114.7m (loss narrowed 34% from 1Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 86 percentage points per year, which is a significant difference in performance. Upcoming Dividend • Aug 11
Upcoming dividend of ₹0.25 per share Eligible shareholders must have bought the stock before 18 August 2021. Payment date: 26 September 2021. Trailing yield: 0.9%. Lower than top quartile of Indian dividend payers (1.5%). Higher than average of industry peers (0.6%). Reported Earnings • Jul 01
Full year 2021 earnings released: ₹2.19 loss per share (vs ₹0.94 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: ₹4.43b (down 27% from FY 2020). Net loss: ₹465.5m (down 334% 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 77 percentage points per year, which is a significant difference in performance. Is New 90 Day High Low • Feb 18
New 90-day high: ₹23.85 The company is up 26% from its price of ₹19.00 on 20 November 2020. The Indian market is up 21% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Forestry industry, which is up 41% over the same period. Reported Earnings • Feb 13
Third quarter 2021 earnings released: ₹0.50 loss per share (vs ₹0.16 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: ₹1.18b (down 28% from 3Q 2020). Net loss: ₹106.0m (down 418% from profit in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 63% per year but the company’s share price has only fallen by 17% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Jan 01
New 90-day high: ₹21.80 The company is up 35% from its price of ₹16.15 on 01 October 2020. The Indian market is up 20% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Forestry industry, which is up 27% over the same period. Is New 90 Day High Low • Dec 17
New 90-day high: ₹21.25 The company is up 21% from its price of ₹17.50 on 18 September 2020. The Indian market is up 17% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Forestry industry, which is up 15% over the same period. Is New 90 Day High Low • Nov 22
New 90-day high: ₹19.00 The company is up 1.0% from its price of ₹18.85 on 24 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 4.0% over the same period. Is New 90 Day High Low • Sep 22
New 90-day low: ₹16.40 The company is down 21% from its price of ₹20.65 on 24 June 2020. The Indian market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Forestry industry, which is up 5.0% over the same period.