IP
IndiaPulse

Astron Paper & Board Mill Limited (ASTRON)

Small Cap

Industrials stocks · Small cap · NSE

Astron Paper & Board Mill Limited operates in Paper, within the Industrials sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers.

₹3.06
+0.06 · +2.00%
Quote04 Sept, 03:51 pm IST
Fundamentals05 Sept 2026 · screener
Score05 Sept, 10:20 pm IST · v4.3-runtime-valuation
Tags02 May 2026
Coverage13/14 · 93%
Valuation2026-07-20 · Rf 6.8% · Industrials P/E 26.4 (n=540)
Data confidence
Fresh enough for analysis
Investor decision lenses

One read, four checks

75+ is strong, 60-74 is usable, 45-59 is mixed, and below 45 needs caution. These are research lenses, not buy/sell instructions.

Weak fundamentals, management trust needs verification, price trend argues for patience, and recent execution is weak.

Suggested next step
Check latest quarters
Result consistency is weak; verify whether the thesis is improving or deteriorating.
U-Score
OVERVALUED
13

Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.

Trust
Weak Trust
54

low confidence · 0/0 claims checked

Technical
Bearish
34

Timing lens: price trend and sector relative strength.

Result consistency
weak
33

Rolling lens: recent quarterly delivery, not the latest single-result score.

Latest result

Quarter ended 31 Mar 2026

Bad · 0/100

Rev -92% YoY · margin compression

Filed 01 Jun 2026
Open results browser →
MetricThis quarterYoYQoQ
Revenue₹0.1 Cr-92.0%-95.2%
EBITDA₹-2.2 Cr-5.7%-160.5%
Operating margin-3200.0%-295909 bpsNDF
PAT₹-6.1 CrNDFNDF
PAT margin-8728.6%-744107 bpsNDF

NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.

Business & thesis

Growth engines, tailwinds/headwinds, and risk radar from management commentary

Business and thesis

Issuer presentation review pending

Astron Paper & Board Mill Limited operates in Paper, within the Industrials sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers. The structured result feed currently covers the quarter ended 31 Mar 2026. Investor presentations and earnings-call PDFs will be added as issuer-backed evidence before management claims appear here.

Management accountability

What management said, and what results must prove

Technical timing lens

Trend score and candlestick chart

34Bearish

full bear SMA stack · SMA20 -16.3% / mo · MACD + · near 52W low

Stock trend: 24
Sector RS: 48
Sector 3M: -1.6% vs Nifty -1.5%

Technical chart

ASTRONdaily · 1Y · AUTO-23.1%
Latest close ₹3.06 on 2026-09-04
Bar
+2.0%
RSI
35
MACD hist
0.01
52W pos
1%
2026-09-04O ₹3.00H ₹3.14L ₹2.88C ₹3.06Vol 45,331 sh
₹2.77₹3.37₹3.96₹4.56₹5.1652L3.062026-03VolRSIMACD2026-032026-042026-062026-072026-09
Up bar
Down bar
EMA 20
EMA 50
Volume + 20D avg
Result date
RSI(14)
MACD / signal

Daily technical trend read

Bearish setup

Trend is weak — long-term trend down. RSI 35.

  • Price < SMA20 < SMA50 < SMA200 — full bearish stack.
  • SMA20 falling (~19.4% over last month) — short-term momentum negative.
  • RSI(14) at 35 — sideways, no extreme reading.
  • MACD above signal but histogram contracting — bullish momentum cooling.
  • 84% off 52W high · 6% above 52W low.

Mechanical read from the price + indicator series above. Not a recommendation — technical setups can reverse without warning, especially around earnings and macro events.

Valuation & score drivers

U-Score 13 · OVERVALUED · pillar breakdown, sector model, fair-value anchor

13U-SCORE
Distress Watch

Fundamental score breakdown

OVERVALUED
Valuation5/30
Growth3/25
Quality0/20
Balance Sheet1/15
Cash Flow10/10
Piotroski
3/9 (+1)
Penalties
-7
Raw sum
13

Why this score?

Top U-Score contributors and drags from the latest stored fundamentals.

13/100 · OVERVALUED

Positive drivers

  • FCF yield is supportive at 98.6%.
  • Cash flow contributes 10/10 to the score.
  • Valuation contributes 5/30 to the score.

Main drags

  • Altman Z is 0.3, in distress territory.
  • Penalty bucket subtracts 7 points.
  • Quality is weaker at 0/20; verify the latest quarterly trend.
Sector valuation model

Cyclical valuation: normalized earnings, not just trailing PE

Cyclical companies can look cheapest near peak profits, so IndiaPulse flags value-trap risk separately.

Cyclical normalized
Primary lens
Mid-cycle PE/EV/EBITDA using multi-year average margins or earnings.
Secondary checks
Current margin versus 5-year average, balance sheet strength, commodity cycle.
Main risk check
A low trailing PE may mean peak-cycle earnings, not true cheapness.
PE
PB
0.2
EV/EBITDA
18.2
ROE
-26.6%
ROCE
-6.1%
FCF Yield
98.6%
Debt/Equity
1.1
MoS
Cyclical/value-trap warning
This sector can look cheap when profits are temporarily high. Check mid-cycle margins/earnings before relying on trailing PE. Debt/equity is 1.1, so downturn resilience matters.
Score movement

Stored run vs live recompute

This shows the stored score trend when snapshots exist, and also compares the latest stored nightly score with a live recompute from current fundamentals and price.

Stored run: 05 Sept 2026
v4.3-runtime-valuation
Final score
13
Previous: 13
Verdict
OVERVALUED
Previous: OVERVALUED
Margin of safety
No stored baseline yet

Score history

12 stored score snapshots. Latest stored move: +0 points.

05 Sept 2026
v4.3-runtime-valuation
13
13
13
13
13
13
13
12
12
13
13
13

Factor attribution

No pillar movement versus the latest stored run. Historical score trend will appear after snapshot storage is enabled.

Modelled fair value

Graham Number
Growth-justified P/E
0.9
Growth-justified Value
— MoS
PEG

Trust score

Does management behaviour match later outcomes? Claim delivery, forensic breakdown, evidence depth

Trust Score
54Weak Trust · low confidenceTrust Lite

Trust asks: does management behaviour match later outcomes? Higher is better, but confidence and evidence depth matter as much as the number.

Weak Trust: Claim history is still being built. It ranks around the 13th percentile of the scored universe and 10th percentile within Industrials. Main check: financial discipline is weak at 22/100.

Mixed Trust Lite: Promoter pledge is zero. Key concern: Altman Z is 0.32.

Computed 05 Sept 2026
management-trust-v1
5 docs text-extracted · 0 concalls text-extracted
Score band
Weak Trust

Management or financial behaviour needs caution. Demand stronger valuation compensation.

Relative rank
13th percentile

overall median 67 · Industrials: 10th pctile, median 68 · Small: 15th pctile, median 66

Evidence depth
Financial-only

5 documents have extracted text, but claim history is not strong enough yet.

Claim delivery
Outcome history still building

0 claims extracted · No contradicted claim yet

How to read this Trust Score

Weak Trust · low confidence
What it measures
Reliability of management and financial delivery, using financial behaviour only.
Confidence
Treat this as an early read until more concalls and outcomes are matched.
Investor use
Needs extra due diligence; demand valuation comfort and recent improvement.

Read Trust alongside U-Score, result consistency, and technical trend. A cheap stock with weak Trust needs a larger margin of safety; a high Trust score does not make an expensive stock attractive by itself.

Forensic breakdown

Read low sub-scores as due-diligence warnings, not automatic sell signals.

Promoter
78
strong · holding, pledge, alignment
Cash flow
89
strong · profit to cash conversion
Balance sheet
35
weak · leverage and solvency
Discipline
22
weak · capital discipline
Results
33
weak · quarterly consistency

Trust positives

  • Promoter pledge is zero.
  • FCF yield is 98.6%.
  • 7 years of positive FCF.

Trust risks

  • Altman Z is 0.32.
  • Debt/equity is 1.13.
  • ROCE is low at -6.1%.
  • ROE is low at -26.6%.

Trust Lite uses financial behaviour only. Prefer claim-tested Trust when enough concall claims have later outcomes.

Financials

Full fundamentals table and 10-year revenue / profit / ROE history

Fundamentals

Valuation

P/E
P/B
0.21
EV/EBITDA
18.24
Market Cap
14.20Cr

Profitability

ROE
-26.60%
ROCE
-6.12%
ROA
-10.34%
Dividend Y

Growth (CAGR)

Revenue 5Y
-64.00%
EPS 5Y
-45.00%
Revenue 3Y
-81.00%
EPS 3Y
4.00%

Balance Sheet

Debt/Equity
1.13
Interest Coverage
-0.17×
Altman Z
0.32
Book Value
14.60

Cash Flow

FCF Yield
98.59%
FCF Positive Y
7/5
OCF
14.00 Cr
EPS TTM
-4.55

Shareholding

Promoter Hold
25.37%
Promoter Pledge
0.00%
Momentum 52W
1%

Financial History

Updated 5/9/2026

Revenue

₹ Cr
No data

Net Profit

₹ Cr
No data

Return on Equity

%
No data

Peers

Business-comparable names in Industrials, ranked by similarity

Verify on:NSE India ↗
All information is for study purposes only. For investment decisions, consult your financial advisor. See Playbook for methodology.