Astron Paper

Why is Astron Paper & Board Mill Ltd falling/rising?

As of 16-Jun, Astron Paper & Board Mill Ltd's stock price is currently rising at 3.99, reflecting a 1.01% increase. However, long-term trends show significant declines in performance and investor participation, indicating potential challenges ahead.

As of 16-Jun, Astron Paper & Board Mill Ltd's stock price is rising, as indicated by a current price of 3.99, which reflects a change of 0.04 or an increase of 1.01%. This rise is notable in the context of the stock's performance over the past week, where it has outperformed the benchmark Sensex with a gain of 5.84% compared to the Sensex's increase of 3.91%. <BR><BR>However, it is important to consider the broader performance metrics. Over the past month, the stock has declined by 4.77%, and year-to-date, it has seen a significant drop of 35.65%. Additionally, the stock has experienced a steep decline of 77.92% over the past year and 84.00% over the last three years. <BR><BR>Today's performance shows that while the stock is currently rising, there is a concerning trend of falling investor participation, with delivery volume on 15 June decreasing by 90.45% compared to the five-day average. This suggests that despite the current uptick, there may be underlying weaknesses in investor interest and overall market sentiment regarding the stock. <BR><BR>In summary, while Astron Paper & Board Mill Ltd is experiencing a short-term rise in stock price, the long-term trends and declining investor participation indicate potential challenges ahead.

Which are the latest news on Astron Paper?

What does Astron Paper do?

Astron Paper & Board Mill Ltd manufactures Kraft paper from waste paper and operates in the Micro Cap segment of the Paper, Forest & Jute Products industry. As of March 2026, it reported net sales of 0 Cr and a net profit of -6 Cr, with a market cap of INR 18 Cr.

Overview:<BR>Astron Paper & Board Mill Ltd is engaged in the manufacturing of Kraft paper from waste paper and operates within the Micro Cap category in the Paper, Forest & Jute Products industry.<BR><BR>History:<BR>The company was incorporated on December 29, 2010, in Gujarat and obtained the Certificate of Commencement of Business on February 3, 2011. The latest quarterly results reported net sales and net profit for the period ending March 2026.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: 0 Cr (Quarterly Results - Mar 2026) <BR>Most recent Net Profit: -6 Cr (Quarterly Results - Mar 2026) <BR>Market-cap value: INR 18 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: N/A <BR>Industry P/E: 17 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 1.13 <BR>Return on Equity: -40.76% <BR>Price to Book: 0.26<BR><BR>Contact Details:<BR>Address: D 702 7th Flr Ganesh Meridian, Opp. High Court S G Higway Ahmedabad Gujarat : 380060 <BR>Tel: 91-79-40081221 <BR>Email: cs@astronpaper.com <BR>Website: http://www.astronpaper.com

How big is Astron Paper?

As of 10th June, Astron Paper & Board Mill Ltd has a market capitalization of 18.00 Cr and reported net sales of 2.80 Cr, with a net loss of 21.18 Cr over the latest four quarters. Shareholder's funds are valued at 91.32 Cr, and total assets amount to 217.04 Cr.

As of 10th June, Astron Paper & Board Mill Ltd has a market capitalization of 18.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, Astron Paper reported net sales of 2.80 Cr. However, the company experienced a loss of 21.18 Cr in net profit during the same period.<BR><BR>The latest annual reporting period for the balance sheet is March 2025. Shareholder's funds are valued at 91.32 Cr, while total assets amount to 217.04 Cr.

Who are in the management team of Astron Paper?

The management team of Astron Paper includes Kirit G Patel (Chairman & Managing Director), Ramakant Patel and Karshanbhai Patel (Executive Directors), and independent directors Sudhir Maheshwari, Dhiren N Parikh, and Anand Maheshwari, along with Hina Ronak Patel as Company Secretary & Compliance Officer.

The management team of Astron Paper includes the following individuals:<BR><BR>1. **Kirit G Patel** - Chairman & Managing Director<BR>2. **Ramakant Patel** - Executive Director<BR>3. **Karshanbhai Patel** - Executive Director<BR>4. **Sudhir Maheshwari** - Independent Director<BR>5. **Dhiren N Parikh** - Independent Director<BR>6. **Anand Maheshwari** - Independent Director<BR>7. **Hina Ronak Patel** - Company Secretary & Compliance Officer<BR><BR>If you have any more questions about the company or its operations, feel free to ask!

Who are the peers of the Astron Paper?

Peers of Astron Paper include Aten Papers, Labelkraft Tech, Vapi Enterprise, Saffron Industri, Sangal Papers, Rama Paper Mills, Sh. Karthik Pap, Konndor Indust, and Gratex Industrie. Aten Papers shows excellent management and growth, while Astron Paper has the lowest 1-year return at -79.56%.

Peers: The peers of Astron Paper are Aten Papers, Labelkraft Tech., Vapi Enterprise, Saffron Industri, Sangal Papers, Rama Paper Mills, Sh. Karthik Pap., Konndor Indust., and Gratex Industrie.<BR><BR>Quality Snapshot: Excellent management risk is observed at Aten Papers, while Average management risk is found at Rama Paper Mills, and the rest have Below Average management risk. Growth is Excellent at Aten Papers, Average at Labelkraft Tech. and Rama Paper Mills, and the rest have Below Average growth. Good capital structure is noted at Aten Papers and Konndor Indust., while Average capital structure is found at Labelkraft Tech., Rama Paper Mills, and the rest have Below Average capital structure.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Saffron Industri at 166.21%, while the lowest is Astron Paper at -79.56%. Astron Paper's 1-year return is significantly lower than all peers. Additionally, Vapi Enterprise, Saffron Industri, Sangal Papers, and Astron Paper have negative six-month returns.

Should I buy, sell or hold Astron Paper & Board Mill Ltd?

Are Astron Paper & Board Mill Ltd latest results good or bad?

Astron Paper & Board Mill Ltd's latest results are concerning, showing a net profit loss of -₹6.11 crores and a 92.05% decline in net sales, indicating severe operational and financial challenges. The company faces negative margins, substantial shareholder value destruction, and increased long-term debt, suggesting a bleak outlook.

The latest results for Astron Paper & Board Mill Ltd are concerning and indicate a significant decline in performance. In the fourth quarter of FY26, the company reported a net profit of -₹6.11 crores, which is a 46.07% decrease year-over-year. This marks a troubling trend, as net sales plummeted to just ₹0.07 crores, reflecting a staggering 92.05% decline compared to the same quarter last year.<BR><BR>The operating margin is deeply negative at -3185.71%, highlighting severe operational dysfunction. Additionally, the return on equity (ROE) stands at -64.52%, indicating a substantial destruction of shareholder value. The company's financial situation is further exacerbated by a negative working capital of ₹34.46 crores and a significant increase in long-term debt, which raises concerns about its ability to service obligations.<BR><BR>Overall, these results paint a bleak picture for Astron Paper, suggesting that the company is facing critical operational and financial challenges with no immediate signs of recovery.

When is the next results date for Astron Paper & Board Mill Ltd?

The next results date for Astron Paper & Board Mill Ltd is 30 May 2026.

The next results date for Astron Paper & Board Mill Ltd is scheduled for 30 May 2026.

How has been the historical performance of Astron Paper?

Astron Paper has experienced a significant decline in financial performance, with net sales dropping from 512.84 crore in March 2022 to 96.23 crore in March 2025, resulting in an operating loss of -33.73 crore and a profit after tax loss of -56.71 crore. The company's total assets and cash flow have also decreased, indicating severe liquidity challenges.

Answer:<BR>The historical performance of Astron Paper shows a significant decline in net sales and profitability over the years, culminating in a challenging fiscal year ending March 2025.<BR><BR>Breakdown:<BR>Astron Paper's net sales have decreased from 512.84 crore in March 2022 to just 96.23 crore in March 2025, reflecting a downward trend in revenue generation. The total operating income followed a similar pattern, dropping from 394.73 crore in March 2023 to 96.23 crore in March 2025. The company's total expenditure, excluding depreciation, also decreased significantly, from 484.92 crore in March 2022 to 129.96 crore in March 2025. Despite this reduction in costs, Astron Paper reported an operating loss of -33.73 crore in March 2025, compared to a profit of 27.92 crore in March 2022. The profit before tax has turned negative, reaching -52.66 crore in March 2025, while the profit after tax showed a similar decline, resulting in a loss of -56.71 crore. The company's total assets decreased from 350.39 crore in March 2022 to 217.04 crore in March 2025, and total liabilities also fell from 290.19 crore to 217.04 crore during the same period. Cash flow from operating activities has diminished, with a net cash outflow of -10.00 crore in March 2025, indicating liquidity challenges. Overall, Astron Paper's financial performance has deteriorated significantly over the past few years, marked by declining sales, increasing losses, and reduced asset values.

Is Astron Paper overvalued or undervalued?

As of May 30, 2024, Astron Paper's valuation has shifted from very attractive to risky due to severe profitability issues, reflected in its negative PE ratio of -1.56 and ROE of -62.10%, indicating it is overvalued at 19.38 compared to healthier peers and has underperformed the Sensex with a year-to-date return of -15.92%.

As of 30 May 2024, the valuation grade for Astron Paper has moved from very attractive to risky. This shift indicates a significant deterioration in the company's financial health, leading to the conclusion that it is overvalued at its current price of 19.38. Key ratios highlight this concern, with a PE ratio of -1.56, an EV to EBITDA of -4.92, and a ROE of -62.10%, all suggesting severe profitability issues.<BR><BR>In comparison to its peers, Astron Paper's valuation metrics are troubling. For instance, while the industry may have companies with positive PE ratios, Astron stands out with its negative figures, indicating a lack of earnings relative to its share price. Other peers in the paper industry maintain healthier ratios, reinforcing the notion that Astron is not only overvalued but also struggling significantly compared to its competitors. Additionally, the company's recent stock performance has lagged behind the Sensex, with a year-to-date return of -15.92% versus the Sensex's 5.58%, further underscoring the challenges it faces in the current market environment.

What is the technical trend for Astron Paper?

As of April 23, 2025, Astron Paper's technical trend is mildly bearish, influenced by mixed signals from moving averages and Bollinger Bands, with weekly indicators showing some positive momentum while monthly indicators remain bearish.

As of 23 April 2025, the technical trend for Astron Paper has changed from bearish to mildly bearish. The weekly MACD and KST indicators are both mildly bullish, suggesting some positive momentum, while the monthly MACD remains mildly bullish but the KST is bearish. The Bollinger Bands indicate a mildly bullish stance on the weekly chart but bearish on the monthly. Daily moving averages are mildly bearish, indicating short-term weakness. The RSI shows no signals on both weekly and monthly time frames. Overall, the current technical stance is mildly bearish, driven primarily by the mixed signals from the moving averages and the contrasting trends in the Bollinger Bands.

Who are the top shareholders of the Astron Paper?

The top shareholders of Astron Paper include Kiritbhai Ghanshyambhai Patel with 15.21%, Dwarkesh Finance Limited at 14.63%, and individual investors holding 43.13%. There are no mutual funds or foreign institutional investors involved, and no pledged promoter holdings.

The top shareholders of Astron Paper include Kiritbhai Ghanshyambhai Patel, who holds the highest promoter stake at 15.21%. The highest public shareholder is Dwarkesh Finance Limited, with a holding of 14.63%. Additionally, individual investors collectively hold 43.13% of the shares. There are no mutual funds or foreign institutional investors currently holding shares in the company, and there are no pledged promoter holdings.

Has Astron Paper declared dividend?

No Dividend History Available