AnnouncementSep 2026
Sep 2026 · Announcement under Regulation 30 (LODR)-Resignation of Company Secretary / Compliance Officer 9 Sep - Mr. Chinmay Methiwala resigned as Company Secretary and Compliance Officer, effective 9 September 2026.
Source: Bse
Shree Ajit Pulp & Paper Limited (SAPPL)
Small CapIndustrials stocks · Small cap · NSE
Shree Ajit Pulp & Paper 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.
Data qualityFresh enough for analysisQuote updated 19 Oct, 05:50 pm ISTDetails
Quote19 Oct, 05:50 pm IST
Base fundamentals06 Oct 2026 · screener
Latest result16 Aug, 01:22 am IST
Score20 Oct, 04:30 am IST · v4.3-runtime-valuation
Tags02 May 2026
Coverage14/14 · 100%
Valuation2026-07-20 · Rf 6.8% · Industrials P/E 26.2 (n=537)
Technical timing lens
Trend score and candlestick chart
56NeutralSMA20 +9.2% / mo · MACD +
Stock trend: 61
Sector RS: 50
Sector 3M: -6.3% vs Nifty 500 -5.6%
Industrials FPI tailwindNot confirmed
Latest mapped FPI equity flow was not positive. View sector evidence
Technical chart
SAPPLD candles · FIT view+9.7%Latest close ₹306.00 on 2026-10-19
Daily history is available from 2026-04-21; the requested 1Y window is partially covered.
Bar
-7.3%
RSI
48
MACD hist
0.25
52W pos
42%
2026-10-19O ₹330.00H ₹330.00L ₹299.90C ₹306.00Vol 1,401 sh
Up bar
Down bar
EMA 20
EMA 50
Volume + 20D avg
Result date
RSI(14)
MACD / signal
Market context
Relative performance and chart statistics
Adjusted completed-session prices, rebased to 100
SAPPLNifty India ManufacturingNifty 500
- SAPPL
- +0.3%
- Nifty 500
- -5.6%
- Nifty India Manufacturing
- -5.8%
- Vs Nifty 500
- +5.9 pp
Chart stats
19 Oct 2026- From 52W high
- -19.5%
- 52W range position
- 42%
- ATR (14)
- 8.1%
- Volume vs 20D
- 0.40x
- Avg traded value
- ₹0.1 Cr
- 20D price channel
- ₹270 - ₹380
₹380
₹252 - ₹380
₹24.7
Latest completed session
20-session average
57.4% annualized volatility
Research snapshot
What the evidence says now
Investable fundamentals, management evidence is still limited to a financial-only Trust Lite signal, price trend is neutral, and recent execution is consistent.
Suggested next step
Research, do not rush
The evidence is not strongly aligned. Compare peers and wait for a cleaner setup.
U-Score
Legacy · UNDERVALUED66
Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.
Latest result
Excellent90
Revenue +13.6% · PAT +171.4% YoY
Technical
Neutral56
Price trend and sector-relative-strength timing.
Valuation
Legacy model+46.8%
Legacy margin-of-safety estimate; the revised evidence label remains in shadow validation.
Trust
Limited evidence81
Financial-only signal; management claim evidence is not sufficient yet.
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Latest result
Quarter ended 30 Jun 2026
Excellent · 90/100Rev +14% YoY · PAT +171% YoY · margin expansion · +15% QoQ · operating leverage
Filed 30 Jun 2026
Open results browser →| Metric | This quarter | YoY | QoQ |
|---|---|---|---|
| Revenue | ₹201 Cr | +13.6% | +14.9% |
| EBITDA | ₹36 Cr | +56.5% | +38.5% |
| Operating margin | 18.0% | +500 bps | +300 bps |
| PAT | ₹19 Cr | +171.4% | +90.0% |
| PAT margin | 9.4% | +550 bps | +374 bps |
NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.
Fundamentals
Valuation
- P/E
- 7.01
- P/B
- 1.04
- EV/EBITDA
- 4.34
- Market Cap
- 291.00Cr
Profitability
- ROE
- 11.40%
- ROCE
- 14.30%
- ROA
- 6.82%
- Dividend Y
- —
Growth (CAGR)
- Revenue 5Y
- 21.00%
- EPS 5Y
- 5.00%
- Revenue 3Y
- 24.00%
- EPS 3Y
- 13.00%
Balance Sheet
- Debt/Equity
- 0.92
- Interest Coverage
- 3.12×
- Altman Z
- 3.04
- Book Value
- 313.00
Cash Flow
- FCF Yield
- 18.90%
- FCF Positive Y
- 6/5
- OCF
- 63.00 Cr
- EPS TTM
- 46.68
Shareholding
- Promoter Hold
- 59.60%
- Promoter Pledge
- 0.00%
- Momentum 52W
- 85%
Financial History
Updated 19/10/2026
Revenue
₹ CrLatest: 201+14.9% vs prev
Net Profit
₹ CrLatest: 19.0+90.0% vs prev
ROE is shown only in the Annual view — quarterly equity data isn't published.
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Daily technical trend read
Mixed signalsSignals are conflicting — long-term trend unclear. RSI 48. Wait for confirmation.
- SMA20 rising (~8.4% over last month) — short-term momentum positive.
- RSI(14) at 48 — falling, no extreme reading.
- MACD above signal but histogram contracting — bullish momentum cooling.
- 19% off 52W high · 21% 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.
Nifty 500 leadership
Relative Strength & Trend Stage
67
RS percentile
Insufficient history
1M return
+10.8%
3M return
+0.3%
6M return
+5.4%
1Y return
-
RS 1D
-7
RS 20D
-
Sector rank
#2
Industry rank
#42
Stage evidence
- At least 170 daily sessions are required for the trend-stage read.
50-DMA
price above
200-DMA
unavailable
Sector
leading
Industry
weakening
Partial-history RS: the 3M and 6M weights are re-normalised because 12M history is unavailable.
Relative-strength line vs Nifty 500 (base 100)
126 observations
19 Oct 2026Value 114.66-4.70%
RS vs Nifty 500115
Valuation & peers
U-Score 66 · legacy U-Score band UNDERVALUED · valuation evidence and comparable companies
Valuation & peers
U-Score 66 · legacy U-Score band UNDERVALUED · valuation evidence and comparable companies
Deep Value
Fundamental score breakdown
U band · UNDERVALUEDValuation30/30
Growth14/25
Quality5/20
Balance Sheet7/15
Cash Flow8/10
Piotroski
8/9 (+5)
Penalties
-3
Raw sum
66
Why this score?
Top U-Score contributors and drags from the latest stored fundamentals.
66/100 · legacy band UNDERVALUED
Positive drivers
- FCF yield is supportive at 18.9%.
- Piotroski is strong at 8/9.
- Fair-value margin of safety is positive at 46.8%.
Main drags
- Penalty bucket subtracts 3 points.
- Quality is weaker at 5/20; verify the latest quarterly trend.
- Balance sheet is weaker at 7/15; 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.
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
7.0
PB
1.0
EV/EBITDA
4.3
ROE
11.4%
ROCE
14.3%
FCF Yield
18.9%
Debt/Equity
0.9
MoS
+46.8%
Cyclical/value-trap warning
This sector can look cheap when profits are temporarily high. Check mid-cycle margins/earnings before relying on trailing PE. Current PE is low at 7.0, so peak-cycle earnings risk should be checked.
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: 20 Oct 2026
v4.3-runtime-valuation
Final score
66
Previous: 66
Legacy U-Score band
UNDERVALUED
Previous: UNDERVALUED
Margin of safety
+46.8%
Previous: +46.8%
Score history
12 stored score snapshots. Latest stored move: +0 points.
20 Oct 2026
v4.3-runtime-valuation
66
66
66
66
66
63
63
66
66
66
66
66
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
₹573.36
+46.6% MoS
Growth-justified P/E
12.3
Growth-justified Value
₹575.1
+46.8% MoS
PEG
0.88
Comparable companies
Peers
Business-comparable peers in Industrials — ranked by industry, sub-sector, theme-tag overlap, market cap, and U-Score similarity. Green cells mark the best available peer metric in this table.
Ticker
Name
Why peer
Score
PE
ROE
MoS
Verdict
RUCHIRA
Small
Ruchira Papers Limited
Paper & Packaging
match 101
67
9.3
9.2%
+76%
UNDERVALUED
ORIENTPPR
Small
Orient Paper & Industries Limited
Paper & Packaging
match 100
64
2.2
22.1%
+43%
UNDERVALUED
STARPAPER
Small
Star Paper Mills Limited
Paper & Packaging
match 98
35
17.4
13.7%
-81%
WATCHLIST
MODIRUBBER
Small
Modi Rubber Limited
Paper & Packaging
match 98
23
30511.0
0.1%
-1305614%
OVERVALUED
GENUSPAPER
Small
Genus Paper & Boards Limited
Paper & Packaging
match 92
50
19.0
3.0%
+52%
FAIR VALUE
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business and thesis
Issuer presentation review pending
Shree Ajit Pulp & Paper 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 30 Jun 2026. Investor presentations and earnings-call PDFs will be added as issuer-backed evidence before management claims appear here.
Trust Score
81Limited evidence · 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.
Limited evidence: Claim history is still being built. It ranks around the 93rd percentile of the scored universe and 92nd percentile within Industrials. No major sub-score weakness stands out.
This is a financial-behaviour screen, not a claim-tested management reliability verdict.
Computed 05 Sept 2026
management-trust-v1
2 docs text-extracted · 0 concalls text-extracted
Score band
Limited evidence
Financial behaviour is scored, but management claims do not yet have enough outcome checks.
Relative rank
93rd percentile
overall median 67 · Industrials: 92nd pctile, median 68 · Small: 95th pctile, median 66
Evidence depth
Financial-only
2 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
Limited evidence · low confidenceWhat 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
Can support position sizing if valuation and trend also agree.
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
86
strong · holding, pledge, alignment
Cash flow
89
strong · profit to cash conversion
Balance sheet
65
acceptable · leverage and solvency
Discipline
76
strong · capital discipline
Results
87
strong · quarterly consistency
Trust positives
- ▸Promoter holding is 59.6%.
- ▸Promoter pledge is zero.
- ▸FCF yield is 21.9%.
- ▸6 years of positive FCF.
Trust risks
- ▸No major Trust Lite risk flags.
Trust Lite uses financial behaviour only. Prefer claim-tested Trust when enough concall claims have later outcomes.
Continue researching Shree Ajit Pulp & Paper Limited
Important announcements & filings
Latest exchange and company disclosures found within the past two years.
Open source ↗
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 14 Sep - Enclosed here with copy of Newspaper Advertisement with respect to the Notice of the 31st Annual General Meeting.
Source: Bse
Credit rating
Announcement under Regulation 30 (LODR)-Credit Rating 5 Aug - ICRA reaffirmed Shree Ajit Pulp and Paper’s BBB+ long-term and A2 short-term ratings.
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 1 Jun - Newspaper publication pursuant to Regulation 47 of SEBI (LoDR) Regulations, 2015.
Source: Bse
Annual report
Annual Report 2026
Source: Bse
Annual report
Annual Report 2025
Source: Bse
All information is for study purposes only. For investment decisions, consult your financial advisor. See Playbook for methodology.