Malu Paper Mills Limited (MALUPAPER) AI Stock Analysis

• Market Cap: ₹510.07M
• Dividend Yield: N/A
• Average Volume (3M): 7.91K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.10
• Revenue Growth: 18.31%
• EPS Growth: -251.78%
• Country: IN
• Employees: 211
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Paper, Lumber & Forest Products
• EPS (TTM): -2.99
• Shares Outstanding: 17,059,250
• 10 Day Avg. Volume: 1,403
• 30 Day Avg. Volume: 7,914
• PEG Ratio: <0.01
• Price to Book (P/B): -8.83
• Price to Sales (P/S): 0.18
• P/FCF Ratio: -5.10
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 40 Underperform
• Price Target: ₹26.00 ▼(-27.17% Downside)
• Action: Downgraded Date: 03/05/26
• Date: Action: Downgraded 03/05/26

The score is primarily constrained by very weak financial fundamentals (negative profitability, negative equity/high leverage, and poor free cash flow). Technicals add further pressure with the stock trading below key moving averages and negative MACD, while valuation remains unattractive due to loss-making results and no dividend support.

Positive Factors

Top-line growth

Reported revenue growth of ~23% indicates the company can expand sales volumes or win business in its core markets. Sustained top-line gains provide a platform to recover operating leverage, support working capital, and justify reinvesting in capacity or efficiency over the next several quarters.

Negative Factors

Balance sheet distress

Negative shareholders' equity and elevated leverage indicate capital erosion and financial distress. This reduces financial flexibility, raises default risk, limits ability to invest or refinance, and can constrain strategic options such as capex or scaling production without external recapitalization.

Malu Paper Mills Limited Business Overview & Revenue Model

Company Description

Malu Paper Mills Limited manufactures and sells paper in India. It provides newsprint, writing and printing, kraft, and packaging paper. Malu Paper Mills Limited was incorporated in 1994 and is based in Nagpur, India....

How the Company Makes Money

Malu Paper Mills Limited primarily makes money by manufacturing and selling paper products to customers through B2B distribution channels. Revenue is typically generated from (1) sale of finished paper products (the core operating revenue stream) ...

Read more

Malu Paper Mills Limited primarily makes money by manufacturing and selling paper products to customers through B2B distribution channels. Revenue is typically generated from (1) sale of finished paper products (the core operating revenue stream) ...

Malu Paper Mills Limited Financial Statement Overview

Breakdown	TTM	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	3.07B	2.78B	2.74B	2.33B	2.12B	1.69B
Gross Profit	785.79M	646.87M	1.00B	530.15M	48.52M	107.69M
EBITDA	-82.67M	-7.80M	169.31M	-5.80M	44.63M	63.10M
Net Income	-182.35M	-121.32M	8.95M	-104.54M	-62.62M	-57.71M
Balance Sheet
Total Assets	1.70B	1.72B	1.67B	1.51B	1.55B	1.51B
Cash, Cash Equivalents and Short-Term Investments	21.59M	26.61M	528.00K	18.66M	408.00K	502.98K
Total Debt	1.46B	1.42B	1.31B	1.23B	1.03B	932.66M
Total Liabilities	1.87B	1.78B	1.61B	1.45B	1.38B	1.27B
Stockholders Equity	-174.37M	-57.22M	67.98M	63.62M	172.48M	240.66M
Cash Flow
Free Cash Flow	11.14M	-99.02M	15.28M	-106.07M	-23.20M	20.10M
Operating Cash Flow	11.19M	-74.54M	92.85M	-91.63M	-22.42M	35.16M
Investing Cash Flow	6.80M	-30.39M	-75.08M	-14.96M	149.00K	-13.77M
Financing Cash Flow	-18.14M	105.89M	-17.49M	106.34M	24.70M	-24.70M

Malu Paper Mills Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 35.70
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:MALUPAPER, the sentiment is Negative. The current price of 35.7 is above the 20-day moving average (MA) of 31.14, above the 50-day MA of 32.06, and below the 200-day MA of 36.89, indicating a bearish trend. The MACD of -0.76 indicates Positive momentum. The RSI at 33.44 is Neutral, neither overbought nor oversold. The STOCH value of 26.21 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:MALUPAPER.

Malu Paper Mills Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
RUCHIRA	74 Outperform	₹2.99B	44.75	―	4.14%	2.56%	36.81%
STARPAPER	74 Outperform	₹2.01B	7.89	―	2.15%	-5.21%	-32.96%
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
RAMAPHO	61 Neutral	₹3.98B	10.12	―	0.46%	22.68%	―
BALLARPUR	46 Neutral	₹1.15B	-11.16	―	―	―	―
BALKRISHNA	41 Neutral	₹451.40M	-69.77	―	―	19.95%	―
MALUPAPER	40 Underperform	₹510.07M	-2.96	―	―	18.31%	-251.78%

Malu Paper Mills Limited Corporate Events