Flash Finance

N R Agarwal Industries LimitedNRAILCorporate

Paper Latest results: Mar 2026 13 quarters of data
₹731.75
MCap ₹1,245 Cr · P/E 28.3
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AI-assisted data: figures and text on this page are extracted from public quarterly filings with AI assistance, checked automatically and overseen by our editorial team (human in the loop). They may still contain errors or omissions. Verify critical numbers against official company / SEBI / NSE / BSE filings before making any decision. Educational information only, not financial advice.
₹605 Cr
Sales · Mar 2026
+29.8% YoY
₹57 Cr
Operating Profit · Mar 2026
+103.6% YoY
9.4%
OPM % · Mar 2026
+56.7% YoY
₹14 Cr
Net Profit · Mar 2026
+300.0% YoY
₹8.34
EPS · Mar 2026
+308.0% YoY

📝 N R Agarwal Industries Limited — results explained

Quarter ended March 2026 (Q4 FY26)

N R Agarwal Industries Limited reported revenue of ₹605 crore for the quarter ended March 2026 (Q4 FY26), up 29.8% from ₹466 crore in the same quarter last year, and up 7.5% sequentially over the December 2025 quarter.

The company swung to a net profit of ₹14 crore from a net loss of ₹7 crore a year earlier. Earnings per share (EPS) came in at ₹8.34.

Operating profit stood at ₹57 crore — an operating margin (OPM) of 9.4%, compared with 6.0% in the year-ago quarter.

Full year and trailing twelve months

For the full year FY26, N R Agarwal Industries Limited posted revenue of ₹2,145 crore, a growth of 29.3% over FY25, with a net profit of ₹44 crore (up 158.8% year-on-year).

On a trailing-twelve-month (TTM) basis, revenue stands at ₹2,145 crore with a net profit of ₹44 crore.

Valuation snapshot

At the current price of ₹731.75, NRAIL has a market capitalisation of ₹1,245 crore and a trailing P/E of about 28.3.

Within the Paper industry, it is the 5th-largest of the 21 companies we track by market value.

Shareholding pattern

As of Sep 2026, promoters held 74.29%, foreign institutional investors (FIIs) 0.34%, domestic institutional investors (DIIs) 0.07%, public shareholders 25.30% of N R Agarwal Industries Limited.

📈 Share price & events

📊 Quarterly trend

₹ crore · OPM % on right axis

🎯 Key metrics

price-linked ratios use the latest close
Valuation
Market Cap ?
₹1,245 Cr
Current Price ?
₹731.8
P/E ?
28.30above ind
Industry P/E ?
22.10
P/B ?
1.53
P/S ?
0.58
P/FCF ?
-6.35
Enterprise Value ?
₹2,066 Cr
EV/EBITDA ?
11.81
PEG ?
N/A
Earnings Yield ?
5.1%
Dividend Yield ?
0.28%
Profitability & Returns
Sales (TTM) ?
₹2,145 Cr
OPM ?
8.2%
Profit after tax (TTM) ?
₹44 Cr
EPS (TTM) ?
₹25.85
ROCE ?
8.0%
ROE ?
5.4%
ROA ?
2.2%
Growth
Sales — latest qtr ?
₹605 Cr
PAT — latest qtr ?
₹14 Cr
YoY qtr sales growth ?
29.8%
YoY qtr profit growth ?
300.0%
Sales growth (3y) ?
7%
Sales growth (5y) ?
13%
Profit growth (3y) ?
-22%
Profit growth (5y) ?
-4%
Financial Health
Debt ?
₹821 Cr
Debt to Equity ?
1.01
Interest Coverage ?
1.6
Current Ratio ?
N/A
Ownership
Promoter holding ?
74.29%
Change in promoter holding ?
0.32%
Pledged percentage ?
N/A
Market
Return 3 months ?
71.1%
Return 6 months ?
53.1%

🗓️ Quarterly results (13 quarters · ₹ Cr)

same fiscal quarter as Mar bestweakest per row · for costs (interest, NPAs) low is best
Metric Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026 YoY % QoQ %
Sales 386369342336247347428418466452525563605 +29.8% +7.5%
Operating Profit 35474848342827292817445757 +103.6% +0.0%
Other Income 232237914126-1020 -100.0% -100.0%
Interest 321251316161616171616 +0.0% +0.0%
Depreciation 9999101616171617171718 +12.5% +5.9%
Profit Before Tax 2539393921649-31002624 +900.0% -7.7%
Net Profit 20413831163813-717-11414 +300.0% +0.0%
EPS 11.6823.8322.2218.479.202.004.907.48-4.019.72-0.868.488.34 +308.0% -1.7%
OPM % 9.1% 12.7% 14.0% 14.3% 13.8% 8.1% 6.3% 6.9% 6.0% 3.8% 8.4% 10.1% 9.4% +56.7% -6.9%

📆 Annual results (₹ Cr, FY = Apr–Mar)

Metric FY25 FY26 TTM YoY %
Sales ₹1,659 Cr ₹2,145 Cr ₹2,145 Cr +29.3%
Operating Profit ₹112 Cr ₹175 Cr ₹175 Cr +56.2%
OPM % 6.75% 8.16% 8.16% +20.9%
NPM % 1.02% 2.05% 2.05% +101.0%
Other Income ₹31 Cr ₹18 Cr ₹18 Cr -41.9%
Depreciation ₹65 Cr ₹69 Cr ₹69 Cr +6.2%
Interest ₹61 Cr ₹65 Cr ₹65 Cr +6.6%
EBIT ₹47 Cr ₹106 Cr ₹106 Cr +125.5%
PBT ₹16 Cr ₹60 Cr ₹60 Cr +275.0%
Tax — — — —
Net Profit ₹17 Cr ₹44 Cr ₹44 Cr +158.8%
EPS ₹10.37 ₹25.68 ₹25.68 +147.6%
Material Cost — — — —
Employee Cost — — — —
Extraordinary Items — — — —

🏛️ Balance Sheet (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Equity Capital 17171717 +0.0%
Reserves 619743758798 +5.3%
Borrowings 164579644821 +27.5%
Other Liabilities 245227351396 +12.8%
Total Liabilities 1,0451,5671,7702,031 +14.7%
Fixed Assets 4831,1351,1971,221 +2.0%
CWIP 1222920227 +1035.0%
Investments 12110113 -87.1%
Other Assets 439381452571 +26.3%
Total Assets 1,0451,5671,7702,031 +14.7%

💧 Cash Flow (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Cash from Operating Activity 12913517695 -46.0%
Cash from Investing Activity -96-548-175-188 -7.4%
Cash from Financing Activity -25405-196 +9700.0%
Net Cash Flow 8-803 —
Free Cash Flow 29-39266-196 -397.0%
CFO/OP 86%84%159%53% -66.7%

➗ Ratios (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Debtor Days 29254142 +2.4%
Inventory Days 44866164 +4.9%
Days Payable 32328462 -26.2%
Cash Conversion Cycle 40791844 +144.4%
Working Capital Days 29261112 +9.1%
ROCE % 22%14%6%8% +33.3%

👥 Shareholding (latest 6 periods)

Metric Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026 % Chg
Promoters 73.97%74.11%74.11%74.28%74.29%74.29% +0.0%
FIIs 0.40%0.39%0.41%0.39%0.34%0.34% +0.0%
DIIs 0.03%0.03%0.03%0.02%0.01%0.07% +600.0%
Public 25.60%25.46%25.44%25.29%25.36%25.30% -0.2%
No. of Shareholders 9,2828,6838,2337,8867,6338,271 +8.4%

⚖️ Peer comparison

Industry: Paper · 21 companies · full page →
# Company CMP MCap (Cr) P/E Sales TTM NP TTM OPM% NPM% Sales YoY% NP YoY% Qtr Rev Δ% Qtr NP Δ%
1 JKPAPER JK Paper ₹411.40 7,459 22.5 7,319 332 13.2% 4.5% 6.0% -30.2% 12.7% 59.5%
2 WSTCSTPAPR West Coast ₹717.80 4,741 21.2 4,389 237 13.0% 5.4% 5.7% -53.6% 10.1% 135.4%
3 ANDHRAPAP ANDHRA PAPER ₹72.94 1,450 52.5 1,702 27 4.9% 1.6% 10.4% -79.1% 0.1% 40.8%
4 SESHAPAPER Seshasayee Paper ₹222.70 1,405 20.6 1,817 67 6.5% 3.7% -2.5% -24.4% 27.7% —
5 NRAIL N R ₹646.65 1,101 24.9 2,145 44 8.2% 2.1% 29.3% 158.8% 29.8% 300.0%
6 TNPL Tamil Nadu ₹155.01 1,073 4.1 4,649 261 10.6% 5.6% 3.4% 5923.5% 0.4% 182.0%
7 PDMJEPAPER Pudumjee Paper ₹94.89 901 9.9 815 92 15.4% 11.3% -0.1% -1.7% 3.3% -7.0%
8 KUANTUM Kuantum Papers ₹80.00 698 19.4 1,175 36 13.7% 3.1% -1.2% -63.4% 36.3% -48.3%
9 SATIA Satia Industries ₹68.21 682 — 1,443 -8 7.8% -0.6% — — -2.5% -153.5%
10 EMAMIPAP Emami Paper ₹111.56 675 7.2 2,007 95 12.0% 4.7% -1.1% 129.6% 21.7% 550.0%
11 BBTCL B&B Triplewall ₹232.79 477 23.7 616 20 14.7% 3.2% -94.4% -91.8% 14.7% 549.5%
12 ORIENTPPR Orient Paper ₹16.67 354 — 895 -71 -3.5% -8.0% 1.2% 47.3% -4.5% -124.3%
13 PAKKA PAKKA ₹73.34 350 24.3 392 14 10.2% 3.6% -9.7% -70.1% 27.2% 84.6%
14 RUCHIRA Ruchira Papers ₹102.76 307 9.2 655 33 10.4% 5.1% -1.6% -34.4% 3.8% -63.8%
15 GENUSPAPER Genus Paper ₹11.11 286 20.6 908 14 8.5% 1.5% 10.7% 80.4% -12.7% -15.3%
16 STARPAPER Star Paper ₹148.05 231 7.5 412 31 3.6% 7.5% -6.0% -20.4% 2.3% -14.1%
17 SHREYANIND Shreyans Industries ₹129.79 179 29.9 623 6 1.1% 1.0% 1.0% -88.0% -6.1% -155.6%
18 MAGNUM Magnum Ventures ₹19.47 133 — 473 -1 16.4% -0.3% 17.5% -219.9% 6.6% 54.4%
19 MALUPAPER Malu Paper ₹32.46 57 — 364 -12 1.1% -3.4% — — 30.8% 120.8%
20 BALKRISHNA Balkrishna Paper ₹16.15 52 — 5 -7 -16.7% -121.7% 104.3% -179.6% 57.1% -2.1%
21 ASTRON Astron Paper ₹2.95 14 — 3 -21 -88.9% -756.4% -97.1% 62.7% -92.0% 46.1%
❓ Frequently asked questions
What was N R Agarwal Industries Limited's revenue in Q4 FY26?
N R Agarwal Industries Limited reported revenue of ₹605 crore for the quarter ended March 2026 (Q4 FY26), up 29.8% from ₹466 crore in the same quarter last year, and up 7.5% sequentially over the December 2025 quarter.
What was N R Agarwal Industries Limited's net profit in Q4 FY26?
The company swung to a net profit of ₹14 crore from a net loss of ₹7 crore a year earlier. Earnings per share (EPS) came in at ₹8.34.
What is NRAIL's market capitalisation and P/E ratio?
At the current price of ₹731.75, NRAIL has a market capitalisation of ₹1,245 crore and a trailing P/E of about 28.3.
Who owns N R Agarwal Industries Limited? (shareholding pattern)
As of Sep 2026, promoters held 74.29%, foreign institutional investors (FIIs) 0.34%, domestic institutional investors (DIIs) 0.07%, public shareholders 25.30% of N R Agarwal Industries Limited.
TTM ends 2026-03-31. Amounts are ₹ crore unless stated otherwise. Figures are extracted by AI from public quarterly filings; gaps are filled from public market data. Live price refreshed about twice a day from exchange data. Educational information only — not financial advice.
⚠️ How this site is made: Market data pages are computed automatically from NSE/BSE publications and company filings; news articles and announcement analyses are written with AI assistance, with a human in the loop: our editors review what the AI produces. Both can contain errors. Verify with the original sources before any investment decision. Not investment advice; Flash Finance is not SEBI-registered. How we use AI