N R Agarwal Industries Limited (NRAIL) fundamentals

N R Agarwal Industries Limited is a listed company in Paper Forest & Jute Products, part of the Forest Materials sector, listed on the NSE as NRAIL (ISIN INE740D01017). This page carries its reported financials, balance sheet, cash flow, shareholding pattern and valuation ratios.

What N R Agarwal Industries Limited does

N R Agarwal Industries Limited is an India-based company, which is a manufacturer of recycled paper in India and a manufacturer of gray back and white back duplex boards. The Company operates through the Paper and Paper Boards segment. It manufactures recycled paper-based products addressing four categories: duplex boards, writing and printing papers, copiers, and newsprint. The Company’s duplex board products include Coated Paper Board Gray Back (Chromo), Coated Paper Board White Back (Chromo), Coated Paper Board Gray Back (Diamond) and Coated Paper Board White Back (Diamond). Its writing and printing paper products include NR Excel Specification Sheet (SS), NR Excel, NR Maxima SS, NR Maxima, NR Classic, NR Shine SS and NR Shine. Its Copier products are NR Copier and NR Brilliance Copier. The Company has its manufacturing facilities located in Vapi and Sarigam, Gujarat.

Valuation and market data

Last close₹627.90
Market capitalisation₹1,068 crore
Enterprise value₹1,789 crore
P/E (TTM)24.45
Price to book1.31
Price to sales (TTM)0.28
Book value per share₹479.17
Dividend yield63.70%
SectorForest Materials
IndustryPaper Forest & Jute Products
Listed sinceWed Apr 05

Annual results

PeriodRevenueProfit before taxNet profitEPS
Mar 2026₹2,169 crore₹60 crore₹44 crore25.68
Mar 2025₹1,690 crore₹16 crore₹18 crore10.37
Mar 2024₹1,301 crore₹138 crore₹125 crore73.72
Mar 2023₹1,779 crore₹148 crore₹99 crore58.35
Mar 2022₹1,628 crore₹95 crore₹61 crore35.85

Figures are as reported (standalone), in ₹ crore.

Shareholding pattern

As of Jun 2026:

Promoters74.3%
Foreign institutions (FII)0.3%
Mutual funds0.0%
Other domestic institutions0.0%
Retail and others25.4%

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Data is sourced from exchange filings and vendor feeds and is for research, not investment advice. Figures can be restated by the company after publication.