T

Tamil Nadu Newsprint and Papers Limited

TNPL
Market snapshot · 2026-08-11 18:17 UTC

154.02

+₹0.14 (+0.09%)

MARKET CAP

₹1.07K Cr

STOCK P/E

4.3x

52W HIGH

₹179.90

52W LOW

₹121.51

BOOK VALUE

₹334.63

EPS

₹35.79

ROE

11.25%

SECTOR

Materials

DEBT/EQUITY

69.64

VOLUME

2.08L

P/B RATIO

0.46x

PEG RATIO

0.00

Sector

Materials

Themes

Paper Products
D
Dividend
₹161.78₹152.65₹143.51₹134.38₹125.24VolumeDAug '25Sep '25Nov '25Jan '26Mar '26Apr '26Jun '26Aug '26

AI Summary

✦ Clartha

Forecast

Analyst targets, estimate history, and probabilistic forward ranges for TNPL.

Coverage check

Price Forecast

Current
₹154.02
High Target
Median Target
Low Target
Now₹154.02Aug '25Now12M Target
Price history (1Y)
Analyst target range

Probabilistic Range

Probabilistic lognormal cone using 1Y realized volatility and analyst-target drift when available.

Time horizonRange ()Probability
3M₹126.76 - ₹182.7580%
6M₹116.12 - ₹194.8080%
12M₹101.88 - ₹211.7480%
Realized vol: +28.5% · Drift: -0.7%

Revenue Forecast

₹ Cr
Mar '26Current₹1,272.0
Sep 2026 ETrend estimate range
High₹1,263.5Base₹1,169.9Low₹1,076.3
Jun '25: ₹1,142.0 · Sep '25: ₹1,110.0 · Dec '25: ₹1,121.0 · Mar '26: ₹1,272.0 · Sep '26: ₹1,169.9 · Dec '26: ₹1,181.5
Jun '25Sep '25Dec '25Mar '26Sep '26 EDec '26 E1,142.01,110.01,121.01,272.01,169.91,181.5
PastCurrentTrend estimate: Low / Base / High

EPS Forecast

₹ / share
Mar '26Current₹34.72
Sep 2026 ETrend estimate range
High₹1.97Base₹1.76Low₹1.54
Jun '25: ₹-1.07 · Sep '25: ₹1.17 · Dec '25: ₹0.98 · Mar '26: ₹34.72 · Sep '26: ₹1.76 · Dec '26: ₹1.47
Jun '25Sep '25Dec '25Mar '26Sep '26 EDec '26 E-1.071.170.9834.721.761.47
PastCurrentTrend estimate: Low / Base / High
Analyst price target unavailable from FMP/yfinance. Analyst pillar unavailable from FMP/yfinance.
Market Intelligence

Multi-factor synthesis of 5 key dimensions

Overall Outlook
Supportive
76%
Analyst Consensus
Unavailable

Analyst coverage unavailable

Mean upsideNot available

Fundamentals

Moderate

Fundamentals institutional score is 53 using EVA spread proxy -0.8%; growth durability 65.2.

Valuation

Attractive relative to peers

Valuation institutional score is 80 using relative multiple z-scores where peer dispersion is available.

Analyst Consensus

Unavailable

No usable analyst target or recommendation data was available.

Technical Structure

Strong Trend

Technicals institutional score is 83 using EMA-20 continuation within 5% tolerance; VCP range/volume contraction proxy.

Market Sentiment

Positive catalysts emerging

Recent news flow is skewing constructive on impact and recency. Based on 10 recent ticker-linked news items.

Signal Summary

Market intelligence remains Supportive. valuation and technical structure provide support, while fundamentals remain considerations.

Composite weights: Fundamentals 25%, Valuation 20%, Analyst Consensus 20%, Technical Structure 20%, Market Sentiment 15%.

Fundamentals ModerateValuation Attractive relative to peersTechnical Structure Strong TrendMarket Sentiment Positive catalysts emerging

Key Data Points

Mean Target PriceUnavailable
Mean UpsideNot available
Technical Score83%
Fundamental Score53%
Data CoverageMedium

Important Note: This is market intelligence, not investment advice. Always conduct your own research and consider your financial goals and risk tolerance.

Valuation Metrics

Trading 5.7% below historical median. Valuation is stable — currently in the strongly undervalued zone (z-score: -0.7). Confidence: 71%.

Live forward EPS implies next-12-month EPS of ₹37.20. Applying the stock's normalized valuation corridor produces a fair range of ₹151.03 to ₹261.14, with base value near ₹169.63 (+10.1% vs current price).

Forward Valuation Outlook

Live forward estimate anchored to the company's historical valuation corridor.

Inside normalized range

Forward EPS

₹37.20

Forward P/E

4.1x

Base Fair Value

₹169.63

Fair Range

₹151.03 - ₹261.14

Upside To Base

+10.1%

Estimate Source

Live forward EPS

Growth Estimate

+984.8%

P/E
Strongly Undervalued

5Y Average

5.25

Current

4.30

Overvalued

7.02

Undervalued

4.06

EV/EBITDA
Strongly Undervalued

5Y Average

6.76

Current

5.54

Overvalued

8.26

Undervalued

5.33

P/B
Undervalued

5Y Average

0.48

Current

0.46

Overvalued

0.55

Undervalued

0.40

Peers & Comparison

Sector: Materials · Theme: Paper Products

Paper Products Peers8 peers
Avg P/E: 34.3x
CompanyRev. GrowthMarginP/Evs Avg52W Perf.
ANDHRA PAPER LIMITED
ANDHRAPAPPaper Products
+0.1%1.6%
64.1x
Premium
+87% vs avg
-18.5%
KUANTUM PAPERS LIMITED
KUANTUMPaper Products
+8.7%3.8%
17.8x
Undervalued
-48% vs avg
-25.5%
GENUS P&B LIMITED
GENUSPAPERPaper Products
+11.5%1.0%
33.0x
Fair
-4% vs avg
-31.0%
JK PAPER LIMITED
JKPAPERPaper Products
+12.7%4.3%
22.3x
Undervalued
-35% vs avg
+12.2%
MAGNUM VENTURES LTD.
MAGNUMPaper Products
+7.8%-2.4%
-15.6%
BALKRISHNA PAPER MILLS L
BALKRISHNAPaper Products
-46.7%-137.7%
-13.0%
MALU PAPER MILLS LIMITED
MALUPAPERPaper Products
+30.8%-3.3%
-14.8%
ASTRON PAPER BORD MIL LTD
ASTRONPaper Products
-92.4%0.0%
-74.8%
WHY THESE PEERS

Comparable-scale peer data is limited — showing nearest stored business/industry peers instead of an empty comparison.

Financials

Real statement data for revenue, earnings quality, conversion, and balance-sheet coverage. Monetary values are shown in Rs crore.

Latest revenue

₹1.27K CrMar 2026

Latest net profit

₹21 CrMar 2026

Latest EPS

₹34.72Mar 2026

Net margin

4.9%Mar 2026

Performance

Bars show revenue and net profit. The line shows net margin.

Rs crore + margin %
Q4 '25Q1 '26Q2 '26Q3 '26Q4 '260.0%2.0%4.0%6.0%8.0%-450 Cr0.00 Cr450 Cr900 Cr1.35K Cr
  • Revenue
  • Net income
  • Net margin %

Earnings

Revenue is shown in crores. EPS is rupees per share.

Rs crore + Rs/share
Q4 '25Q1 '26Q2 '26Q3 '26Q4 '260.00 Cr350 Cr700 Cr1.05K Cr1.40K Cr₹-12₹0₹12₹24₹36
  • Revenue
  • EPS

Revenue to profit conversion

Bridge from operating numbers to profit for the latest reported period.

Rs crore
RevenueExpensesDepreciationOperatingprofitOther incomeInterestProfitbefore taxTax & otherNet Profit0.00 Cr350 Cr700 Cr1.05K Cr1.40K Cr

Latest reported period: Mar 2026

Debt level and coverage

Debt, cash and free cash flow compared on the same crore scale.

Rs crore
Annual view
202120222023202420250.00 Cr700 Cr1.40K Cr2.10K Cr2.80K Cr
  • Debt
  • Free cash flow
  • Cash & equivalents

Results

MetricMar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Sales1,4271,2639581,2411,2291,1179151,1241,3371,1421,1101,1211,272
Expenses1,1529498011,1041,0699697901,0711,2341,0419871,0051,131
Operating Profit20624485.9661.7785.6173.3349.01-23.6326.224.1444.7136.6362.41
OPM %14.4%19.34%8.97%4.98%6.96%6.57%5.36%-2.1%1.96%2.11%4.03%3.27%4.91%
Other Income12.810.9419.9218.621.1913.2813.2812.9357.0212.4518.2424.9620.23
Interest55.5454.9458.0657.0753.4152.5557.2453.9452.3948.4150.0249.844.94
Depreciation69.4369.6670.7975.474.6574.4975.8976.4576.977.3378.4278.9878.17
Profit before tax16320047.8223.353.3934.065.05-64.6430.83-11.8212.9311.7937.7
Tax %36.86%35.75%75.51%30.47%38.21%35.67%48.71%7.89%33.57%37.31%37.35%42.58%44.67%
Net Profit10312911.7116.232.9921.912.59-59.5420.48-7.418.16.7720.86
EPS in Rs14.8618.594.382.344.773.170.37-6.203.20-1.071.170.9834.72

All values in Rs. Crore unless otherwise stated. Source: CMIE Prowess, Quarterly Interim Standalone.

Shareholding Pattern

HolderMar 2025Jun 2025Sep 2025Dec 2025Mar 2026
FII5.37%5.39%5.05%5.08%4.96%
DII16.44%16.08%15.42%15.31%14.60%
Government39.38%39.38%39.38%39.38%39.38%
Public25.93%25.78%26.64%26.55%26.47%
Others12.88%13.37%13.51%13.68%14.59%
Mar 2026
FII
DII
Government
Public
Others