Three M Paper BoardsShare price, financial results, shareholding and management
- Market cap
- ₹44 cr
- Stock P/E
- 6.2peers 16.9
- Book value
- ₹57.7
- Price to book
- 0.40
- EV / operating profit
- -
- Market cap to sales
- 0.15
- ROCE · FY26
- 7.4%
- ROE · FY26
- 6.7%
- ROE, 3-year average
- 18.5%
- Operating margin · FY26
- 6.0%peers 7.8%
- Sales growth, 3 years
- -3.1%
- Profit growth, 3 years
- 0.8%
- Debt to equity
- 0.68peers 0.31
- Borrowings
- ₹75 cr
- Interest cover
- 2.0×
- Cash from business / op. profit
- 45%
- Debtor days
- 78
- Pledged
- 0.00%
- Promoter holding
- 70.13%
- Change in promoter holding
- +0.05 pts
- Shareholders
- 952
- 52-week high / low
- ₹40 / ₹18
- Dividend yield
- 0.00%
- Face value
- ₹10
Tap or hover on any figure for what it means. Our arithmetic on reported figures, at the latest close.
newboard is reading this company's filings. Its plain description, key points, management and study will appear here soon; the figures below are worked out from what it has filed.
Three M Paper Boards share price chart
Close on 6 Nov 2026 · -4.17% on the day · Vol 32,000
Daily prices to 6 Nov 2026, adjusted for splits and bonuses. Closing prices only: check the exchange for the live price.
Share price returns
To the close of 6 Nov 2026
- 1 month
- -1.1%
- 3 months
- -5.0%
- 6 months
- -11.1%
- 1 year
- -34.3%
- Traded a day, 20 days
- ₹0.01 cr
Business growth
Sales and net profit, from the reported results
| Sales | Profit | |
|---|---|---|
| FY26 on FY25 | +12% | -28% |
| 3 years, a year | -3% | +1% |
| Latest half, H2 FY26 | +10% | -4% |
Three M Paper Boards revenue and profit growth
Half-yearly results · Profit and lossSales have fallen. Last year profit fell even as sales rose, so the company kept less from each rupee of sales.
SME companies report every six months. In the latest half, sales were higher than in the same half a year before. Profit grew more slowly than sales, so each rupee of sales left a little less profit.
Three M Paper Boards half-yearly results
SME companies report every six months · ₹ crore
| H1FY24 | H2FY24 | H1FY25 | H2FY25 | H1FY26 | H2FY26 | |
|---|---|---|---|---|---|---|
| Sales | 131 | 141 | 125.98 | 139.55 | 143.33 | 153.86 |
| Expenses | 120 | 129 | 116.55 | 127.04 | 134.65 | 144.78 |
| Operating profit | 11 | 12 | 9.43 | 12.51 | 8.68 | 9.08 |
| OPM | 8.0% | 9.0% | 7.5% | 9.0% | 6.0% | 5.9% |
| Interest | 4 | 4 | 2.78 | 3.40 | 3.29 | 3.30 |
| Depreciation | 3 | 3 | 2.89 | 3.79 | 5.55 | 2.49 |
| Profit before tax | 5 | 8 | 4.52 | 7.54 | 2.15 | 4.31 |
| Net profit | 6 | 5 | 5.68 | 4.32 | 3.04 | 4.13 |
Three M Paper Boards profit and loss
Full years to March, FY20 to FY26 · ₹ crore, consolidated where reported
| FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | |
|---|---|---|---|---|---|---|---|
| Sales | 187 | 165 | 313 | 327 | 272 | 265.53 | 297.19 |
| Expenses | 177 | 151 | 298 | 308 | 249 | 243.59 | 279.43 |
| Operating profit | 11 | 14 | 14 | 19 | 23 | 21.94 | 17.76 |
| OPM | 6.0% | 9.0% | 4.6% | 6.0% | 9.0% | 8.3% | 6.0% |
| Other income | 1 | 0 | 3 | 2 | 4 | 2.98 | 3.34 |
| Interest | 7 | 7 | 7 | 10 | 7 | 6.19 | 6.59 |
| Depreciation | 6 | 6 | 6 | 6 | 7 | 6.67 | 8.04 |
| Exceptional and other items | · | 1 | 1 | 1 | · | · | · |
| Profit before tax | -1 | 2 | 5 | 6 | 13 | 12.06 | 6.46 |
| Tax rate | 188.0% | 0.0% | 40.0% | -16.7% | 15.4% | 17.2% | -11.0% |
| Net profit | -3 | 2 | 3 | 7 | 11 | 9.99 | 7.17 |
| EPS ₹ | -46.56 | 26.41 | 50.08 | 101.07 | 8.36 | 5.19 | 3.73 |
| Dividend payout | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
The years to FY24 come rounded to the nearest crore in the source.
Exceptional and other items: profit before tax beyond operating profit, other income, interest and depreciation, such as one-off items or a share of associates' profit, as reported.
A tax rate above 60% or below zero (FY20, FY23, FY26) comes from tax charged on a small or negative profit, as reported.
Earnings per share before FY24 is on the share count of that time, before later bonus or share issues, so it does not compare with the years after.
Three M Paper Boards profitability
Margins and returns on capitalLast year the company kept less from each rupee of sales than the year before. It earns a low return on the money it uses.
Operating margin, every year
Per cent of sales kept before interest, depreciation and tax
| FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | |
|---|---|---|---|---|---|---|---|
| Operating margin | 6.0% | 9.0% | 4.6% | 6.0% | 9.0% | 8.3% | 6.0% |
| Tax rate | 188.0% | 0.0% | 40.0% | -16.7% | 15.4% | 17.2% | -11.0% |
| ROCE | · | 9.8% | 26.1% | · | 30.1% | 12.2% | 7.4% |
| ROE | · | 5.4% | 15.8% | · | 36.7% | 12.2% | 6.7% |
| Dividend payout | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Three M Paper Boards debt and cash flow
Balance sheet · Cash flow · Working capitalThe company's own money, its net worth, has grown. Its loans are smaller than its own money. Last year the business brought in more cash than it showed as profit. It spent more on assets and investments than the business brought in, and raised the rest from loans or shares. Customers take about as long to pay as they did in FY24.
Bars below the line are cash going out.
Three M Paper Boards balance sheet
At each 31 March · ₹ crore
| FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | |
|---|---|---|---|---|---|---|---|
| Equity capital | 7 | 7 | · | · | 13 | 19 | 19 |
| Reserves | 29 | 31 | · | · | 47 | 85 | 92 |
| Net worth | 36 | 38 | · | · | 60 | 104 | 111 |
| Borrowings | 55 | 54 | · | · | 73 | 62 | 75 |
| Other liabilities | 47 | 50 | · | · | 62 | 75 | 85 |
| Total liabilities | 138 | 142 | · | · | 195 | 241 | 271 |
| Fixed assets | 74 | 71 | · | · | 76 | 85 | 107 |
| Capital work in progress | 0 | 0 | · | · | 2 | 15 | 1 |
| Investments | 0 | 1 | · | · | 1 | 1 | 1 |
| Other assets | 64 | 70 | · | · | 116 | 140 | 162 |
Three M Paper Boards cash flow
₹ crore
| FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | |
|---|---|---|---|---|---|---|---|
| Cash from operations | 13 | 12 | · | · | 11 | 10 | 8 |
| Cash from investing | -3 | -4 | · | · | -5 | -27 | -14 |
| Cash from financing | -8 | -8 | · | · | -12 | 17 | 7 |
| Net cash flow | 2 | 0 | · | · | -6 | 0 | 1 |
Working capital
Days
| FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | |
|---|---|---|---|---|---|---|---|
| Debtor days | 52 | 64 | · | · | 73 | 81 | 78 |
| Inventory days | 90 | 126 | · | · | 64 | 94 | 109 |
| Days payable | 125 | 186 | · | · | 101 | 130 | 138 |
| Cash conversion cycle | 16 | 4 | · | · | 36 | 45 | 48 |
| Working capital days | -9 | -1 | · | · | 31 | 45 | 33 |
Three M Paper Boards peers and competitors
Listed SME companies in the same industryBy sales, Three M Paper Boards is number 2 of the 9 listed SME companies in paper, forest & jute products.
Each company's latest full year and its latest close; companies the exchange puts in the same industry, whose businesses can differ a good deal. A list, not a comparison of their shares.
| Company | Market cap ₹ cr | P/E | Sales ₹ cr | Profit ₹ cr | Op. margin | Debt/equity |
|---|---|---|---|---|---|---|
| NIKITA GREENTECH RECYCLING | 163 | 14.6 | 350 | 11.1 | 8.0% | 1.33 |
| Three M Paper Boards | 44 | 6.2 | 297 | 7.2 | 6.0% | 0.68 |
| Exim Routes | 173 | 16.9 | 207 | 10.2 | 6.7% | 0.23 |
| Aten Papers & Foam | 22 | 3.2 | 187 | 7 | 6.0% | 0.18 |
| Aaradhya Disposal Industries | 174 | 28.7 | 151 | 6.1 | 7.6% | 0.55 |
| Utkal Speciality Industries India | - | - | 55.3 | 7.3 | 19.5% | 0.56 |
| Spinaroo Commercial | 33 | 61.5 | 39.3 | 0.5 | 3.7% | 0.39 |
| Labelkraft Technologies | 20 | 15.6 | 25.1 | 1.3 | 8.4% | 0.15 |
| S. V. J. ENTERPRISES | 94 | 128.1 | 4.6 | 0.7 | 25.4% | 0.09 |
| Median of the 8 others | 94 | 16.9 | 103 | 6.5 | 7.8% | 0.31 |
Three M Paper Boards shareholding pattern
Promoters, FIIs, DIIs, HNIs and small holdersThe promoters own more than half the company. Big foreign and Indian funds own very little. The number of shareholders is about the same.
Three M Paper Boards shareholding pattern
Per cent of shares, from the patterns filed with the exchange. Tap + to see everyone holding 1% or more in that group. HNIs and small holders show only where the pattern was filed in full.
| Sep 24 | Dec 24 | Mar 25 | Jun 25 | Sep 25 | Dec 25 | Mar 26 | Jun 26 | |
|---|---|---|---|---|---|---|---|---|
| Promoters | 69.99% | 69.99% | 69.99% | 69.99% | 69.99% | 70.03% | 70.08% | 70.13% |
| Foreign investors (FIIs) | 4.13% | 2.07% | 2.07% | 2.07% | 2.07% | 2.07% | 2.07% | - |
| Indian institutions (DIIs) | 2.61% | 2.03% | 1.42% | 1.42% | 1.42% | 1.42% | 1.42% | - |
| Number of shareholders | 1,159 | 1,110 | 1,074 | 1,037 | 1,024 | 993 | 987 | 952 |
Three M Paper Boards latest news and announcements
Announcements · Documents · Corporate actionsWhat changed recently
Each half-year is set against the same half a year earlier
- H2 FY26: sales ₹154 cr (+10%), net profit ₹4.1 cr (-4%) on H2 FY25.
- Shareholding, 30 June 2026: promoters 70.08% to 70.13%.
Three M Paper Boards announcements
4 on record, latest first; each opens the filing on the exchange
- AGM/EGMEvoting Results along with Scrutinzer Report for the AGM held on September 29, 2026PDF ↗
- AGM/EGMOutcome of 37th AGM held on September 29. 2026PDF ↗
- Company UpdateDisclosure under Regulation 29(2) of SEBI (SAST) Regulations, 2011PDF ↗
- Company UpdateDisclosure under Regulation 7(1)(b) of SEBI (PIT) Regulations, 2015PDF ↗
Three M Paper Boards annual reports, earnings calls and documents
Every document links to its source; “read” marks those this page is built from
Three M Paper Boards share split, bonus and dividends
From the corporate actions the company announces on the exchange
No share split, bonus issue or dividend is on record since listing.
Checks we ran on Three M Paper Boards' data · 9
Before any number shows, it goes through the same checks. A figure that fails is held back, never shown as if it were right.
- iNet profit is above profit before tax in FY26: a tax credit or a share of associates' profit, as reported.
- ✓Balance sheet totals add up for FY25 and FY26.
- ✓Market cap uses the share count in the latest shareholding pattern (1,92,37,360 shares).
- ✓The share capital in the FY26 results matches the share count in the shareholding pattern.
- ✓Promoter and public holdings add up to 100% in every shareholding pattern shown.
- ✓The two half-years of FY26 add up to the full-year sales.
- !Earnings per share changes basis between FY23 (₹101.07) and FY24 (₹8.36) because the share count behind it changes; EPS is shown as reported, and growth is worked out on profit.
- ✓Revenue and profit are reported for every year shown, FY20 to FY26.
- iPrices run to the close on 13 Oct 2026, from the exchange's daily figures.
Questions people ask about Three M Paper Boards
What does Three M Paper Boards do?
Three M Paper Boards is an SME company listed on BSE SME, in paper, forest & jute products.
What is the share price of Three M Paper Boards?
₹23 at the close on 6 Nov 2026, from the exchange's daily figures.
What is the market cap of Three M Paper Boards?
₹44 cr at the close on 6 Nov 2026, on 1,92,37,360 shares.
What is the P/E of Three M Paper Boards?
6.2 times FY26 profit at the close on 6 Nov 2026 (our arithmetic).
What are Three M Paper Boards' revenue and profit?
Revenue ₹297 cr and profit after tax ₹7 cr in FY26.
Who are the promoters of Three M Paper Boards?
The promoter group; promoters held 70.13% at 30 June 2026.
What is Three M Paper Boards' website?
www.threempaper.com
More SME companies like Three M Paper Boards
Other listed SME companies in paper, forest & jute products, the closest in size first, each read from its own documents.
- Spinaroo CommercialSPINAROO · BSE SME · Paper, Forest & Jute ProductsMarket cap ₹35 cr
- S. V. J. ENTERPRISESSVJ · BSE SME · Paper, Forest & Jute ProductsMarket cap ₹80 cr
- Aten Papers & FoamATENPAPERS · BSE SME · Paper, Forest & Jute ProductsMarket cap ₹24 cr
- Labelkraft TechnologiesLABELKRAFT · BSE SME · Paper, Forest & Jute ProductsMarket cap ₹20 cr
- Exim RoutesEXIMROUTES · NSE Emerge · Paper, Forest & Jute Products · listed 2025Market cap ₹135 cr
- NIKITA GREENTECH RECYCLINGNIKITA · NSE Emerge · Paper, Forest & Jute Products · listed 2025Market cap ₹165 cr
Built from 4 exchange announcements, 8 shareholding patterns and 7 years of reported results. Every figure carries its source; where the documents are silent, the page says so.