Tamil Nadu Newsprint & Papers Ltd. (TNPL) AI Stock Analysis

• Market Cap: ₹9.62B
• Dividend Yield: 2.08%
• Average Volume (3M): 40.50K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.08
• Revenue Growth: 4.65%
• EPS Growth: -127.24%
• Country: IN
• Employees: 3,232
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Paper, Lumber & Forest Products
• EPS (TTM): 1.17
• Shares Outstanding: 69,210,600
• 10 Day Avg. Volume: 5,503
• 30 Day Avg. Volume: 40,503
• PEG Ratio: -2.48
• Price to Book (P/B): 0.43
• Price to Sales (P/S): 0.20
• P/FCF Ratio: 2.29
• 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: 55 Neutral
• Price Target: ₹159.00 ▲(9.39% Upside)

The overall stock score of 55 reflects a combination of mixed financial performance, neutral technical indicators, and concerning valuation metrics. The company's strong cash flow generation is a positive factor, but challenges in profitability and valuation weigh heavily on the score. The absence of earnings call data and corporate events means these factors did not influence the score.

Positive Factors

Cash Generation Ability

Strong operational cash flow supports positive free cash flow, highlighting effective capital management and resilience, crucial for future growth.

Sustainable Practices

Eco-friendly production methods align with consumer trends towards sustainability, enhancing brand appeal and supporting long-term demand.

Market Presence

A strong market presence enables TNPL to maintain a wide customer base, supporting consistent revenue streams and competitive positioning.

Negative Factors

Net Profitability Challenges

Inconsistent net profit margins due to fluctuating net income can impact financial stability and investor confidence over the long term.

Equity Stability

A declining equity ratio indicates potential financial risk, as increased liabilities can strain resources and limit growth opportunities.

Revenue Growth Volatility

Volatile revenue growth can hinder strategic planning and long-term investment, affecting the company's ability to sustain market competitiveness.

Tamil Nadu Newsprint & Papers Ltd. Business Overview & Revenue Model

Company Description

Tamil Nadu Newsprint and Papers Limited manufactures and markets paper and paper boards in India. It operates through Paper & Paper Board, Energy, and Cement segments. The company offers surface-sized and non-surface sized papers for printing and writing; and coated and uncoated boards under the AURA brand for the packing industry. It also generates power through TGs and windmills. In addition, the company manufactures and sells cement, such as Portland pozzolana cement and ordinary Portland cement. It exports its products to Sri Lanka, Iran, Nigeria, Sudan, Uganda, Turkey, Kenya, South Africa, Malaysia, and Ghana. The company was incorporated in 1979 and is based in Chennai, India.

How the Company Makes Money

TNPL generates revenue primarily through the sale of its paper products, including newsprint and various grades of writing and printing paper. The company has established a strong market presence, allowing it to sell its products to a wide range of customers, including publishers, educational institutions, and packaging companies. Key revenue streams include the direct sale of paper products, which accounts for the majority of its income, as well as the sale of by-products from its manufacturing processes, such as pulp and waste paper. TNPL also benefits from partnerships with various distributors and retailers, enhancing its market reach. Additionally, the company emphasizes sustainable practices, which not only align with global environmental standards but also appeal to a growing consumer base that prioritizes eco-friendly products, further contributing to its revenue growth.

Tamil Nadu Newsprint & Papers Ltd. Financial Statement Overview

Summary

Tamil Nadu Newsprint & Papers Ltd. exhibits a mixed financial performance. The income statement reflects stable operational margins but challenges in sustaining net profitability. The balance sheet suggests a balanced capital structure, with room for improvement in equity stability. Cash flow analysis indicates strong operational cash generation, providing a solid foundation for future growth. The company needs to focus on enhancing net profitability and maintaining healthy cash flow to strengthen its financial position.

Income Statement

TNPL shows moderate financial performance in recent years. Gross profit margin has fluctuated but remains positive, indicating efficient cost management. However, net profit margin has been inconsistent due to varying net income, with a noticeable decline in the latest year. Revenue growth shows volatility, with a significant drop in 2025. EBITDA margin remains healthy, supporting operational efficiency. Overall, the income statement highlights stability in gross margins but challenges in net profitability.

Balance Sheet

The balance sheet reveals a moderate debt-to-equity ratio, indicating a balanced use of debt and equity financing. However, the decline in equity ratio suggests increasing reliance on liabilities over time. Return on Equity (ROE) has been inconsistent, reflecting fluctuating net income levels. Despite manageable leverage, the company faces challenges with equity stability and profitability.

Cash Flow

TNPL's cash flow statement demonstrates strong operational cash flow, supporting positive free cash flow even during challenging financial periods. The operating cash flow to net income ratio indicates efficient cash generation relative to accounting profits. Free cash flow growth has been volatile, but the company maintains a positive cash flow trajectory, highlighting effective capital expenditure management and operational resilience.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	44.81B	44.91B	46.93B	51.80B	40.20B	27.68B
Gross Profit	18.73B	12.12B	15.32B	10.98B	9.72B	8.00B
EBITDA	4.20B	4.28B	8.06B	10.48B	3.93B	3.18B
Net Income	-255.90M	37.30M	2.08B	3.88B	143.32M	-651.11M
Balance Sheet
Total Assets	0.00	58.83B	60.45B	61.23B	57.74B	59.83B
Cash, Cash Equivalents and Short-Term Investments	259.00M	259.00M	471.31M	1.15B	124.62M	105.53M
Total Debt	0.00	16.04B	18.01B	18.71B	22.39B	27.33B
Total Liabilities	-20.87B	37.96B	39.55B	41.79B	41.85B	43.87B
Stockholders Equity	20.87B	20.87B	20.90B	19.44B	15.89B	15.97B
Cash Flow
Free Cash Flow	0.00	3.96B	2.77B	6.99B	7.54B	-2.62B
Operating Cash Flow	0.00	5.70B	4.19B	8.06B	11.11B	4.23B
Investing Cash Flow	0.00	-1.62B	-1.36B	-1.01B	-3.53B	-6.82B
Financing Cash Flow	0.00	-4.93B	-2.70B	-6.52B	-7.60B	3.33B

Tamil Nadu Newsprint & Papers Ltd. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 145.35
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:TNPL, the sentiment is Negative. The current price of 145.35 is above the 20-day moving average (MA) of 143.52, above the 50-day MA of 145.05, and below the 200-day MA of 150.69, indicating a bearish trend. The MACD of -0.72 indicates Positive momentum. The RSI at 37.71 is Neutral, neither overbought nor oversold. The STOCH value of 16.35 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:TNPL.

Tamil Nadu Newsprint & Papers Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
RUCHIRA	68 Neutral	₹3.52B	5.22	―	4.14%	2.56%	36.81%
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
KUANTUM	60 Neutral	₹8.18B	12.59	―	3.24%	-9.47%	-54.96%
SESHAPAPER	58 Neutral	₹14.55B	17.04	―	1.03%	-9.17%	-57.37%
TNPL	55 Neutral	₹9.62B	-47.91	―	2.08%	4.65%	-127.24%
ANDHRAPAP	54 Neutral	₹12.74B	62.03	―	1.48%	-2.55%	-89.20%
RAMANEWS	43 Neutral	₹4.55B	-4.28	―	―	―	―

Tamil Nadu Newsprint & Papers Ltd. Corporate Events

Tamil Nadu Newsprint & Papers Limited Appoints New Independent Director

Tamil Nadu Newsprint & Papers Limited has announced the appointment of Thiru Mathew Thomas as an Independent Director, following approval by the company’s shareholders through a postal ballot. This strategic appointment is expected to strengthen the company’s governance and potentially enhance its market positioning.

TNPL Seeks Shareholder Approval for New Independent Director

Tamil Nadu Newsprint & Papers Limited has announced a postal ballot to seek shareholder approval for the appointment of Thiru Mathew Thomas as an Independent Director for a three-year term. This move is part of the company’s governance strategy and may impact its leadership structure, potentially influencing its market positioning and stakeholder relations.

Tamil Nadu Newsprint & Papers Releases Q2 2025 Financial Results

Tamil Nadu Newsprint & Papers Limited has released its unaudited financial results for the quarter and half-year ending September 30, 2025. The announcement, published in prominent newspapers, highlights the company’s commitment to transparency and regulatory compliance, potentially impacting its market perception and stakeholder confidence positively.

TNPL Opens Special Window for Physical Share Transfers

Tamil Nadu Newsprint & Papers Limited has announced a special window for the re-lodgment of transfer requests for physical shares, as per the regulations of the Securities and Exchange Board of India. This move is expected to streamline the process for shareholders, potentially enhancing the company’s compliance and operational efficiency.