N R Agarwal Industries logo

N R Agarwal Industries share price

NSE: NRAILBSE: 516082Paper, Forest & Jute ProductsSmall Cap

Last close ₹656.15down ₹16.65 (2.47%)BSE ₹656.05

Share price at the NSE close on 23 Oct 2026. Previous close ₹672.80.

52-week range of traded prices to 23 Oct 2026
₹385.00Low, 23 Mar 2026₹834.00High, 13 Oct 2026
Market cap
₹1,117 Cr1,630th largest listed
P/E
18.0
P/B
1.4
Dividend yield
0.30%
ROE
7.8%
ROCE
10.1%
Debt to equity
0.97
Volume, NSE
26,54954.5% delivered

Share price

Daily closes since Jan 2007, BSE closes Jan 2007 to Apr 2017, adjusted for splits and bonuses

+38.6%over a year · Nifty 500 −9.8%

Results20-session average 63,944 shares a day, 43.3% delivered

Results

Standalone; ₹ crore, the charts by years to March, the table by quarter.Quarterly results

Quarter to Jun 2026, against the quarter beforeFiled 5 Aug

Revenue
₹647 Crup 6.87%
Net profit
₹35 Crup 146.33%
Net margin
5.4%

Revenue by year

Peak revenue ₹2,145 Cr, year to Mar 2026

Net profit by year, a loss in red

₹ croreSep 2024Filed 8 NovDec 2024Filed 11 FebMar 2025Filed 13 JunJun 2025Filed 13 AugSep 2025Filed 14 NovDec 2025Filed 11 FebMar 2026Filed 22 MayJun 2026Filed 5 Aug
Revenue428418466452525563605647
Net profit813−717−1141435
Net margin1.9%3.0%−1.5%3.7%−0.3%2.6%2.3%5.4%
Standalone. The last eight quarters. The latest is shaded.

Business segments

In the year to Mar 2026 the company reports one business segment, PAPER, which carries all its revenue.

Valuation

Today, against the company's own history.PE ratio and valuation history

Price to earnings

At or below today's level on 88% of 2,118 trading days since May 2017.

LowestHighest
Its median7.0Industry median15.5
Price to book

At or below today's level on 91% of 1,975 trading days since Nov 2018.

LowestHighest
Its median0.9Industry median0.8
EV to EBITDA8.2

At or below today's level on 77% of 1,975 trading days since Nov 2018.

LowestHighest
Its median4.5Industry median8.2
Dividend yield

At or below today's level on 40% of 2,456 trading days over the last 10 years.

LowestHighest
Its median0.41%Industry median1.18%

Where the return came from

Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year+81.8%+147.6%−26.8%0.5%
3 years+26.2%−23.9%+65.1%0.6%
5 years+11.7%−5.3%+17.5%0.4%
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add. Earnings growth over 1, 3 and 5 years includes one-off items (exceptional items and the result of businesses sold or closed) of more than a tenth of the profit of the year to Mar 2026.

Who owns it

Per cent of the company's shares, from the filing for Sep 2026.Shareholding pattern

Shareholding by group

  • Promoters74.29%
  • Foreign institutions0.34%
  • Indian institutions0.07%
  • Individuals and others25.30%
Holder
RAJENDRA NAGIN AGARWALPromoter47.05%
REENA RAJENDRA AGARWALPromoter26.67%
MUKUL MAHAVIR AGRAWALResident individuals, over ₹2 lakh at face value2.06%
DEVENDRA BANKATLAL RATHIResident individuals, over ₹2 lakh at face value1.80%
INVESTOR EDUCATION AND PROTECTION FUND AUTHORITY MINISTRY OF CORPORATE AFFAIRSInvestor education fund1.41%
REERA HOLDINGS PRIVATE LIMITEDPromoter0.55%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names.

Peers and competitors

Paper & Paper Products, 49 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to N R Agarwal Industries in market cap.

Where the company sits among the companies nearest its size

Return on equity across, P/E up, size is market cap
Company
JK Paper logoJK PaperJKPAPER6,473–1.29.0+10.3%––7.1%1.12%
West Coast Paper Mills logoWest Coast Paper MillsWSTCSTPAPR5,26722.71.511.0+8.2%−7.9%6.5%5.7%0.38%
Seshasayee Paper and Boards logoSeshasayee Paper and BoardsSESHAPAPER1,25212.60.69.3+5.8%+13.0%4.9%3.6%1.01%
Andhra Paper logoAndhra PaperANDHRAPAP1,23844.80.617.6+5.1%−66.5%1.4%−1.2%0.80%
Tamil Nadu Newsprint & Papers logoTamil Nadu Newsprint & PapersTNPL9063.50.45.0+2.9%–11.9%4.6%3.06%
Pudumjee Paper Products logoPudumjee Paper ProductsPDMJEPAPER8018.81.26.4+1.5%−12.8%14.5%15.7%0.71%
Emami Paper Mills logoEmami Paper MillsEMAMIPAP6517.01.16.1+6.6%+379.9%15.0%13.4%2.97%
Satia Industries logoSatia IndustriesSATIA594–0.57.2−2.7%−107.9%−0.7%−1.1%0.67%
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.

Dividends

Per share, by the year it was paid for, and the latest payments.Dividend history and dates

Dividend per share, ₹, restated for later splits and bonuses

Highest ₹4.00 a share, year to Mar 2019.
Ex-dateTypePer share
25 Aug 2026Final₹2.00
17 Sep 2025Final₹2.00
16 Aug 2024Final₹2.00
21 Sep 2021Final₹1.00
6 Sep 2019Final₹4.00
18 Sep 2018Final₹3.00
Latest payments, as declared, by ex-date.

Latest announcements

Routine notices left out.Share news and announcements

N R Agarwal Industries share price by year

Each calendar year to 2025.N R Agarwal Industries share price history

YearClose at year endChangeHighest closeLowest close
2025484.30+38.1%506.45217.20
2024350.65−11.9%527.35328.20
2023398.20+35.1%410.95198.20
2022294.80+13.6%416.95205.10
2021259.50+17.3%346.35204.05
2020221.30+6.8%273.35126.50
2019207.30−50.2%422.15156.70
2018416.60−5.5%584.05345.00
2017BSE close441.05+97.9%478.55194.45
2016BSE close222.90+430.7%258.9029.80
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before.

Recent sessions

The last 10 trading days to 23 Oct 2026, as traded on NSE.

DateOpenHighLowCloseAverage priceVolumeDelivery
23 Oct 2026666.15667.80632.60656.15649.1126,54954.5%
22 Oct 2026677.05696.30665.15672.80684.1122,26742.4%
21 Oct 2026715.05726.20622.60677.80654.1275,98836.8%
19 Oct 2026723.00731.75689.10712.10705.2933,39238.9%
16 Oct 2026768.00787.40721.50731.75751.5732,35335.4%
15 Oct 2026774.00798.95752.25761.50777.3064,91042.0%
14 Oct 2026759.00816.90740.35774.20784.181,19,10922.2%
13 Oct 2026707.00834.00704.75754.10778.644,99,63917.4%
12 Oct 2026630.10763.35630.10706.10717.851,55,97019.0%
9 Oct 2026652.05662.10625.35636.15648.6217,25253.4%
Prices in ₹ per share as traded, not adjusted.

Company details

Legal name
N R Agarwal Industries Limited
NSE symbol
NRAIL
BSE code
516082
ISIN
INE740D01017
Industry
Paper, Forest & Jute Products
Listed
Sep 1994 on BSE, Apr 2017 on NSE
Face value
₹10
CIN
L22210MH1993PLC133365
Corporate identity number, the registrar of companies' code for it