Three M Paper Boards logo

Three M Paper Boards share price

BSE: 544214Paper, Forest & Jute ProductsSmall Cap

Last close ₹20.73down ₹3.76 (15.35%)

Share price at the BSE close on 23 Oct 2026. Previous close ₹24.49.

52-week range of traded prices to 23 Oct 2026
₹18.27Low, 30 Mar 2026₹39.99High, 13 Nov 2025
Market cap
₹40 Cr3,372nd largest listed
P/E
5.6
P/B
0.4
Dividend yield
Nonein the last 12 months
ROE
6.7%
ROCE
5.2%
Debt to equity
0.68
Volume, BSE
2,000

Share price

Daily closes since Jul 2024, adjusted for splits and bonuses

−37.2%over a year

20-session average 5,100 shares a session, over sessions from 31 Aug 2026 to 23 Oct 2026

Results

Standalone; ₹ crore, the charts by years to March, the table by half year.Half-yearly results

Half year to Mar 2026, against the half year beforeFiled 28 May

Revenue
₹154 Crup 7.35%
Net profit
₹4.13 Crup 35.56%
Net margin
2.7%

Revenue by year

Peak revenue ₹297 Cr, year to Mar 2026

Net profit by year, a loss in red

₹ croreSep 2024Filed 12 JunMar 2025Filed 12 JunSep 2025Filed 14 NovMar 2026Filed 28 May
Revenue126140143154
Net profit6434
Net margin4.5%3.1%2.1%2.7%
Standalone. The 4 half years from Sep 2024, the first on record. The latest is shaded.

Business segments

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

Valuation

Today, against the company's own history. Dividend yield is not shown: no dividend in the years on record.PE ratio and valuation history

Price to earnings

At or below today's level on 5% of 174 trading days over the last year.

LowestHighest
Its median6.9Industry median15.6
Price to book

At or below today's level on 3% of 174 trading days over the last year.

LowestHighest
Its median0.5Industry median0.9
EV to EBITDA6.5

At or below today's level on 46% of 174 trading days over the last year.

LowestHighest
Its median6.5Industry median8.4

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−39.7%−28.3%−15.9%0.0%
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 year is on profit divided by shares in issue at both ends: the earnings per share stated for one end does not match that year's profit and share count.

Who owns it

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

Shareholding by group

  • Promoters70.32%
  • Indian institutions0.70%
  • Individuals and others28.99%
Holder
HITENDRA DHANJI SHAHPromoter47.61%
PRAFULLA HITENDRA SHAHPromoter10.68%
RUSHABH HITENDRA SHAHPromoter7.66%
COMFORT SECURITIES LIMITEDCompanies3.61%
HITENDRA DHANJI SHAH (HUF)Promoter3.53%
SARLA JAGDISH GADAPromoter0.37%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names.

The filing reports 38,47,472 of its 1,92,37,360 shares locked in.

Peers and competitors

Paper & Paper Products, 49 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to Three M Paper Boards in market cap. 2 companies in the table last traded before then: their rows are priced on their last trade.

Where the company sits among the companies nearest its size

Return on equity across, P/E up, size is market cap
Company
Nath Industries logoNath IndustriesNATHIND9013.30.37.7+17.5%−48.9%2.6%3.8%0.00%
Malu Paper Mills logoMalu Paper MillsMALUPAPER57–––+15.2%––−1.6%0.00%
Balkrishna Paper Mills logoBalkrishna Paper MillsBALKRISHNA46–––+56.3%−2,405.7%––0.00%
Perfectpac logoPerfectpacPERFEPA4518.31.17.8−1.9%−32.1%6.3%8.2%1.49%
Kay Power and Paper logoKay Power and PaperKAYPOWR3530.80.411.6––1.7%1.0%0.00%
Mohit Paper Mills logoMohit Paper MillsMOHITPPR34–0.64.6+13.6%––11.3%0.00%
Spinaroo Commercial logoSpinaroo CommercialSPINAROO3361.32.0–−0.1%−62.7%4.4%–0.00%
Vapi Enterprise logoVapi EnterpriseVAPIENTER2920.00.8––+1.4%4.0%−1.2%0.00%
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.

Latest announcements

Routine notices left out.Share news and announcements

Three M Paper Boards share price by year

Each calendar year to 2025.Three M Paper Boards share price history

YearClose at year endChangeHighest closeLowest close
202536.80−42.2%64.8630.62
202463.65–79.8040.68
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. 2024 is from its first session, 22 Jul 2024.

Recent sessions

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

DateOpenHighLowCloseAverage priceVolume
23 Oct 202620.7320.7320.7320.7320.732,000
22 Oct 202621.1124.4919.8224.4921.816,000
15 Oct 202621.2021.2021.1221.1621.164,000
13 Oct 202622.0022.0022.0022.0022.004,000
12 Oct 202622.0322.0322.0322.0322.032,000
8 Oct 202623.2523.2523.2523.2523.252,000
5 Oct 202623.2523.2523.2523.2523.254,000
1 Oct 202623.0023.0023.0023.0023.002,000
30 Sep 202623.0023.0023.0023.0023.002,000
29 Sep 202623.0023.0023.0023.0023.002,000
Prices in ₹ per share as traded, not adjusted.

Company details

Legal name
THREE M PAPER BOARDS LIMITED
BSE code
544214
ISIN
INE0UK501010
Industry
Paper, Forest & Jute Products
Listed
Jul 2024
Face value
₹10
CIN
L22219MH1989PLC052740
Corporate identity number, the registrar of companies' code for it