Shree Ajit Pulp and Paper Ltd (SAPPL) — shareholding pattern, promoter holding, financials and share price
About Shree Ajit Pulp and Paper Ltd (SAPPL)
Shree Ajit Pulp and Paper Ltd operates in the Paper & Paper Products industry, within the Forest Materials sector. It trades on the NSE as SAPPL and on the BSE under scrip code 538795. Its ISIN is INE185C01017.
Incorporated in 1995, Shree Ajit Pulp And Paper Ltd does manufacturing of Kraft Paper (Testliner / Multilayer Testliner) which is mainly used for manufacturing of corrugated boxes [1]
Shree Ajit Pulp and Paper Ltd. (SAPPL) is a manufacturer of multilayer testliner and testliner paper used for packaging products like corrugated boxes and cartons.
The company has progressively expanded its production capacity from 16,500 tonnes to 108,000 tonnes per annum, showcasing significant growth through consistent innovation and technological advancements.
Listed peers in Paper & Paper Products: Ruchira Papers Ltd, Genus Paper & Boards Ltd, Star Paper Mills Ltd, Exim Routes Ltd, Nikita Greentech Recycling Ltd, South India Paper Mills Ltd.
Valuation & Returns
10 Jul 2026At ₹298.5 a share on 10 Jul 2026, Shree Ajit Pulp and Paper Ltd (SAPPL) was valued at a price-to-earnings ratio of 8.84x against an industry P/E of 17.71x and a price-to-book of 1.07x on a book value of ₹278.81 per share as of Mar 2025. Solomo computes return on equity of 12.12% and return on capital employed of 14.33% from filed results. Earnings ratios use consolidated results for the twelve months Jun 2025 to Mar 2026.
- P/E
- 8.84x
- Industry P/E
- 17.71x
- P/B
- 1.07x
- EPS (TTM)
- ₹33.78
- Book value / share
- ₹278.81
- ROE
- 12.12%
- ROCE
- 14.33%
- ROA
- 5.01%
- Debt / equity
- 1.15x
- Dividend yield
- 0%
- EBITDA margin
- 13.73%
- 52-week range
- ₹185.35 – ₹348
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2026In the year ended Mar 2026, Shree Ajit Pulp and Paper Ltd (SAPPL) reported revenue of ₹701 crore, net profit of ₹30 crore and earnings per share of ₹33.78. That compares with revenue of ₹506 crore and net profit of ₹9 crore in Mar 2025. Figures are consolidated, as filed with the exchanges.
In the quarter ended Mar 2026, revenue was ₹174.54 crore and net profit ₹9.61 crore (consolidated).
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 418 | 372 | 295 | 506 | 701 |
| Net profit (₹ cr) | 22 | 21 | 8 | 9 | 30 |
| EPS (₹) | 24.29 | 23.26 | 9.27 | 10.59 | 33.78 |
| Measure | 10Y | 5Y | 3Y | 1Y |
|---|---|---|---|---|
| Sales growth | 8.82% | 16.03% | 6.52% | 71.64% |
| Profit growth | -2.77% | -13.73% | -27.90% | 14.18% |
| Stock price CAGR | 12% | 4% | 14% | 47% |
Ownership Summary
Jun 2026As of Jun 2026, promoters hold 59.6% of Shree Ajit Pulp and Paper Ltd (SAPPL) (unchanged from the previous quarter). Market capitalisation was ₹266 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Sep 2014.
Largest disclosed public shareholders in Jun 2026: Mayur Jayantilal Shah 9.2%, Swetal M Shah 3.82%, Mahesh Hemraj Shah 3.51%, Investor Education And Protection Fund Authority Ministry Of Corporate Affairs 2.25%, Rushabh Maheshbhai Shah 2.18%, Bharat Mafatlal Shah 1.67%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Jun 2026 | 59.6% | - | - | - | 40.4% |
| Mar 2026 | 59.6% | - | - | - | 40.4% |
| Dec 2025 | 59.6% | - | - | - | 40.4% |
| Sep 2025 | 59.39% | - | - | - | 40.61% |
| Jun 2025 | 59.39% | - | - | - | 40.61% |
| Mar 2025 | 59.39% | - | - | - | 40.61% |
| Dec 2024 | 59.39% | - | - | - | 40.61% |
| Sep 2024 | 59.39% | - | - | - | 40.61% |