Shree Ajit Pulp and Paper Ltd

NSE: BSE: 538795

₹340.65

-8.90 (2.55%)

Thu, 22 Oct 2026, 07:49 pm

MTF 5xInvest in Shree Ajit Pulp and Paper Ltd with 5x Leverage Buy with MTF

Market Cap (in Cr)308.05

PE Ratio7.31

Dividend0

Process Industries

Pulp & Paper

24.5K

Shree Ajit Pulp and Paper Balance Sheet

Income Statement Balance Sheet Cashflow

Particulars	Mar 2009	Mar 2010	Mar 2011	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Interest expense on debt	-10.02M	-32.37M	-39.87M	-37.84M	-36.09M	-45.14M	-50.89M	-48.66M	-43.48M	-62.04M	-50.03M	-54.22M	-31.94M	-43.64M	-63.66M	-73.97M	-225.47M
Pretax equity in earnings	—	—	0	0	0	0	0	0	0	0	—	—	—	—	—	—	—
Equity in earnings	0	0	0	0	0	0	0	0	74.00K	-6.08M	7.96M	2.54M	-6.80M	-34.52M	93.89M	5.41M	-992.00K
Total assets	562.54M	873.27M	916.43M	1.07B	1.16B	1.48B	1.55B	1.63B	1.75B	1.89B	2.00B	2.11B	2.45B	2.82B	4.29B	5.21B	6.15B
Total current assets	170.13M	359.51M	353.40M	382.34M	408.20M	513.67M	521.57M	622.38M	616.74M	656.27M	588.22M	636.22M	1.05B	1.33B	1.17B	1.31B	1.86B
Cash and short term investments	2.50M	12.41M	32.99M	41.29M	19.52M	16.50M	10.54M	11.43M	11.36M	14.99M	17.48M	99.06M	253.51M	183.64M	31.79M	16.32M	158.58M
Cash & equivalents	2.50M	12.41M	32.99M	9.05M	19.52M	16.50M	10.54M	11.43M	11.36M	14.99M	17.48M	16.05M	253.51M	183.64M	31.79M	16.32M	158.58M
Short term investments	—	—	0	32.24M	0	0	0	0	0	0	0	83.01M	0	0	0	0	0
Total receivables, net	67.65M	180.64M	192.98M	178.07M	226.19M	301.16M	275.87M	408.01M	318.26M	408.42M	316.18M	338.94M	424.05M	568.18M	484.24M	549.96M	788.37M
Accounts receivable - trade, net	17.06M	110.64M	150.90M	176.02M	224.58M	277.97M	255.74M	399.54M	315.64M	406.69M	314.66M	337.19M	421.49M	561.95M	414.49M	536.13M	784.78M
Other receivables	50.60M	70.00M	42.08M	2.05M	1.61M	23.20M	20.12M	8.47M	2.62M	1.73M	1.52M	1.75M	2.56M	6.24M	69.75M	13.83M	3.59M
Total inventory	82.16M	129.83M	102.40M	154.77M	150.77M	150.81M	210.09M	186.38M	219.02M	227.15M	247.47M	193.44M	360.70M	574.08M	643.46M	706.52M	857.65M
Other current assets, total	17.82M	36.63M	25.03M	6.11M	8.79M	8.70M	0	11.18M	62.43M	0	—	—	—	30.00K	30.00K	23.26M	46.21M
Total non-current assets	392.40M	513.76M	563.03M	688.61M	753.58M	965.83M	1.03B	1.01B	1.13B	1.23B	1.41B	1.47B	1.41B	1.49B	3.13B	3.90B	4.28B
Long term investments	116.89K	116.89K	1.22M	10.27M	24.97M	19.58M	34.49M	67.50K	47.51M	45.32M	75.80M	78.19M	71.40M	36.88M	134.35M	45.37M	3.89M
Note receivable - long term	0	0	—	2.30M	4.80M	16.14M	30.82M	—	—	—	—	—	—	—	—	—	—
Investments in unconsolidated subsidiaries	0	0	1.00M	7.90M	20.10M	0	0	0	47.15M	45.07M	75.56M	78.07M	71.28M	36.76M	130.65M	81.00K	81.00K
Other investments	116.89K	116.89K	219.89K	73.20K	71.57K	3.44M	3.67M	67.50K	357.00K	249.00K	246.00K	120.00K	126.00K	123.00K	3.71M	45.29M	3.81M
Net property/plant/equipment	392.29M	512.50M	558.59M	630.33M	689.60M	916.84M	948.50M	924.57M	1.05B	1.15B	1.31B	1.37B	1.30B	1.39B	2.93B	3.75B	4.09B
Gross property/plant/equipment	460.69M	603.18M	678.58M	784.35M	875.73M	1.15B	1.24B	1.27B	1.11B	1.26B	1.49B	1.62B	1.63B	1.79B	3.41B	4.31B	4.82B
Deferred tax assets	—	—	2.13M	2.51M	3.24M	3.28M	6.11M	7.94M	17.20M	17.21M	5.41M	5.22M	4.95M	5.97M	6.83M	46.41M	142.46M
Net intangible assets	0	0	0	0	0	277.36K	385.55K	282.98K	1.41M	8.58M	7.62M	5.79M	4.32M	2.93M	1.80M	6.06M	4.04M
Goodwill, net	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other intangibles, net	0	0	0	0	0	277.36K	385.55K	282.98K	1.41M	8.58M	7.62M	5.79M	4.32M	2.93M	1.80M	6.06M	4.04M
Other long term assets, total	0	0	0	26.86M	28.12M	2.30M	375.00K	19.40M	5.85M	7.93M	11.46M	11.63M	7.07M	6.98M	30.18M	36.34M	26.16M
Short term debt	85.07M	174.22M	171.91M	210.84M	224.17M	264.28M	271.40M	195.94M	289.89M	294.27M	152.23M	96.00M	122.71M	394.88M	304.92M	635.45M	988.67M
Current portion of LT debt and capital leases	47.37M	66.56M	77.61M	84.75M	107.19M	79.07M	66.33M	78.62M	64.68M	69.07M	66.06M	48.16M	72.15M	64.48M	124.40M	354.12M	386.46M
Short term debt excl. current portion of LT debt	37.70M	107.66M	94.30M	126.09M	116.97M	185.21M	205.07M	117.32M	225.22M	225.19M	86.17M	47.85M	50.55M	330.40M	180.52M	281.33M	602.21M
Accounts payable	72.50M	116.53M	98.57M	154.23M	110.35M	109.80M	129.51M	166.13M	168.22M	153.35M	166.94M	145.67M	228.30M	230.49M	214.90M	355.47M	324.94M
Income tax payable	-3.97M	420.55K	-9.03M	4.38M	3.07M	48.76M	23.71M	3.33M	77.00K	8.22M	56.00K	3.36M	5.08M	6.86M	6.39M	57.00K	7.58M
Long term debt	161.95M	227.96M	189.83M	162.20M	122.77M	164.94M	133.87M	131.43M	152.09M	214.99M	204.72M	207.19M	121.06M	62.94M	1.39B	1.63B	1.86B
Long term debt excl. lease liabilities	161.95M	227.96M	189.83M	162.20M	122.77M	164.94M	133.87M	131.43M	152.09M	214.99M	204.72M	207.19M	121.06M	62.94M	1.39B	1.63B	1.86B
Total equity	196.51M	272.18M	358.12M	433.61M	571.55M	686.42M	752.16M	865.17M	929.68M	1.00B	1.24B	1.43B	1.67B	1.88B	2.08B	2.27B	2.48B
Shareholders' equity	196.51M	272.18M	358.12M	433.61M	571.55M	686.42M	752.16M	865.17M	929.68M	1.00B	1.24B	1.43B	1.67B	1.88B	2.08B	2.27B	2.48B
Common equity, total	196.51M	272.18M	358.12M	433.61M	571.55M	686.42M	752.16M	865.17M	929.68M	1.00B	1.24B	1.43B	1.67B	1.88B	2.08B	2.27B	2.48B
Other common equity	141.92M	217.56M	303.47M	380.04M	517.99M	3.03M	3.03M	3.03M	1.44M	1.66M	1.44M	1.33M	1.34M	1.33M	1.35M	1.45M	1.42M
Total debt	247.02M	402.18M	361.75M	373.04M	346.93M	429.23M	405.27M	327.37M	441.99M	509.25M	356.95M	303.20M	243.76M	457.82M	1.69B	2.26B	2.85B
Net debt	244.52M	389.77M	328.75M	331.75M	327.41M	412.73M	394.73M	315.94M	430.62M	494.26M	339.47M	204.14M	-9.74M	274.18M	1.66B	2.25B	2.69B
Change in accounts receivable	919.38K	-131.80M	-3.21M	-24.64M	-44.67M	-42.96M	22.22M	-143.80M	55.07M	-91.59M	91.52M	-24.61M	-84.74M	-140.46M	147.46M	-121.64M	-249.02M
Change in taxes payable	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Change in accounts payable	—	—	-11.01M	38.12M	-43.88M	6.86M	20.45M	35.91M	25.35M	-15.53M	16.23M	-16.68M	81.70M	-5.20M	-16.79M	140.05M	-28.89M
Change in other assets/liabilities	-6.67M	54.12M	0	5.52M	22.29M	-45.20M	-3.49M	-140.40K	-50.29M	71.91M	-9.15M	12.25M	16.91M	-74.88M	-155.90M	16.46M	-11.82M
Sale of fixed assets & businesses	0	2.50K	674.00K	30.00K	5.61M	480.73K	593.86K	19.78M	0	6.13M	0	127.00K	0	0	160.00M	12.88M	0
Purchase/sale of investments, net	0	0	-1.10M	-6.75M	-12.20M	4.86M	-2.58M	-1.02M	-5.00M	-4.00M	-22.50M	589.00K	161.00K	-995.00K	2.24M	-45.46M	-531.00K
Sale/maturity of investments	0	0	0	0	0	4.86M	—	—	0	0	0	589.00K	161.00K	0	2.24M	0	0
Purchase of investments	0	0	-1.10M	-6.75M	-12.20M	0	-2.58M	-1.02M	-5.00M	-4.00M	-22.50M	0	0	-995.00K	0	-45.46M	-531.00K
Other investing cash flow items, total	-1.59K	-620	0	0	0	0	0	0	0	0	-1.42M	0	0	0	0	131.26M	2.47M
Issuance/retirement of debt, net	151.24M	155.16M	-40.44M	11.29M	-26.11M	58.04M	-23.96M	-77.89M	176.14M	67.26M	-152.30M	-53.86M	-59.42M	214.07M	1.24B	569.31M	590.31M
Issuance/retirement of long term debt	155.89M	85.21M	-27.08M	-20.49M	-16.99M	-10.38M	-43.82M	9.85M	47.60M	67.29M	-13.28M	-15.54M	-62.13M	-65.77M	1.39B	238.78M	269.43M
Issuance/retirement of short term debt	-4.65M	69.95M	-13.35M	31.78M	-9.11M	68.42M	19.86M	-87.75M	128.54M	-23.00K	-139.03M	-38.32M	2.71M	279.84M	-149.87M	330.53M	320.88M
Issuance/retirement of other debt	—	—	—	—	—	—	—	—	0	0	—	—	—	—	—	—	—
Total cash dividends paid	-1.56M	-1.56M	-1.60M	-1.37M	-1.34M	-3.10M	-3.13M	-3.22M	-4.84M	-4.84M	-4.84M	-4.85M	-4.02M	-5.36M	-5.36M	-5.36M	0
Other financing cash flow items, total	0	0	0	-226.95K	-217.25K	0	0	0	0	0	0	-210.00K	0	0	0	0	0

Particulars	Mar 2009	Mar 2010	Mar 2011	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Interest expense on debt	-10.02M	-32.37M	-39.87M	-37.84M	-36.09M	-45.14M	-50.89M	-48.66M	-43.48M	-62.04M	-50.03M	-54.22M	-31.94M	-43.64M	-63.66M	-73.97M	-225.47M
Pretax equity in earnings	—	—	0	0	0	0	0	0	0	0	—	—	—	—	—	—	—
Equity in earnings	0	0	0	0	0	0	0	0	74.00K	-6.08M	7.96M	2.54M	-6.80M	-34.52M	93.89M	5.41M	-992.00K
Total assets	562.54M	873.27M	916.43M	1.07B	1.16B	1.48B	1.55B	1.63B	1.75B	1.89B	2.00B	2.11B	2.45B	2.82B	4.29B	5.21B	6.15B
Total current assets	170.13M	359.51M	353.40M	382.34M	408.20M	513.67M	521.57M	622.38M	616.74M	656.27M	588.22M	636.22M	1.05B	1.33B	1.17B	1.31B	1.86B
Cash and short term investments	2.50M	12.41M	32.99M	41.29M	19.52M	16.50M	10.54M	11.43M	11.36M	14.99M	17.48M	99.06M	253.51M	183.64M	31.79M	16.32M	158.58M
Cash & equivalents	2.50M	12.41M	32.99M	9.05M	19.52M	16.50M	10.54M	11.43M	11.36M	14.99M	17.48M	16.05M	253.51M	183.64M	31.79M	16.32M	158.58M
Short term investments	—	—	0	32.24M	0	0	0	0	0	0	0	83.01M	0	0	0	0	0
Total receivables, net	67.65M	180.64M	192.98M	178.07M	226.19M	301.16M	275.87M	408.01M	318.26M	408.42M	316.18M	338.94M	424.05M	568.18M	484.24M	549.96M	788.37M
Accounts receivable - trade, net	17.06M	110.64M	150.90M	176.02M	224.58M	277.97M	255.74M	399.54M	315.64M	406.69M	314.66M	337.19M	421.49M	561.95M	414.49M	536.13M	784.78M
Other receivables	50.60M	70.00M	42.08M	2.05M	1.61M	23.20M	20.12M	8.47M	2.62M	1.73M	1.52M	1.75M	2.56M	6.24M	69.75M	13.83M	3.59M
Total inventory	82.16M	129.83M	102.40M	154.77M	150.77M	150.81M	210.09M	186.38M	219.02M	227.15M	247.47M	193.44M	360.70M	574.08M	643.46M	706.52M	857.65M
Other current assets, total	17.82M	36.63M	25.03M	6.11M	8.79M	8.70M	0	11.18M	62.43M	0	—	—	—	30.00K	30.00K	23.26M	46.21M
Total non-current assets	392.40M	513.76M	563.03M	688.61M	753.58M	965.83M	1.03B	1.01B	1.13B	1.23B	1.41B	1.47B	1.41B	1.49B	3.13B	3.90B	4.28B
Long term investments	116.89K	116.89K	1.22M	10.27M	24.97M	19.58M	34.49M	67.50K	47.51M	45.32M	75.80M	78.19M	71.40M	36.88M	134.35M	45.37M	3.89M
Note receivable - long term	0	0	—	2.30M	4.80M	16.14M	30.82M	—	—	—	—	—	—	—	—	—	—
Investments in unconsolidated subsidiaries	0	0	1.00M	7.90M	20.10M	0	0	0	47.15M	45.07M	75.56M	78.07M	71.28M	36.76M	130.65M	81.00K	81.00K
Other investments	116.89K	116.89K	219.89K	73.20K	71.57K	3.44M	3.67M	67.50K	357.00K	249.00K	246.00K	120.00K	126.00K	123.00K	3.71M	45.29M	3.81M
Net property/plant/equipment	392.29M	512.50M	558.59M	630.33M	689.60M	916.84M	948.50M	924.57M	1.05B	1.15B	1.31B	1.37B	1.30B	1.39B	2.93B	3.75B	4.09B
Gross property/plant/equipment	460.69M	603.18M	678.58M	784.35M	875.73M	1.15B	1.24B	1.27B	1.11B	1.26B	1.49B	1.62B	1.63B	1.79B	3.41B	4.31B	4.82B
Deferred tax assets	—	—	2.13M	2.51M	3.24M	3.28M	6.11M	7.94M	17.20M	17.21M	5.41M	5.22M	4.95M	5.97M	6.83M	46.41M	142.46M
Net intangible assets	0	0	0	0	0	277.36K	385.55K	282.98K	1.41M	8.58M	7.62M	5.79M	4.32M	2.93M	1.80M	6.06M	4.04M
Goodwill, net	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other intangibles, net	0	0	0	0	0	277.36K	385.55K	282.98K	1.41M	8.58M	7.62M	5.79M	4.32M	2.93M	1.80M	6.06M	4.04M
Other long term assets, total	0	0	0	26.86M	28.12M	2.30M	375.00K	19.40M	5.85M	7.93M	11.46M	11.63M	7.07M	6.98M	30.18M	36.34M	26.16M
Short term debt	85.07M	174.22M	171.91M	210.84M	224.17M	264.28M	271.40M	195.94M	289.89M	294.27M	152.23M	96.00M	122.71M	394.88M	304.92M	635.45M	988.67M
Current portion of LT debt and capital leases	47.37M	66.56M	77.61M	84.75M	107.19M	79.07M	66.33M	78.62M	64.68M	69.07M	66.06M	48.16M	72.15M	64.48M	124.40M	354.12M	386.46M
Short term debt excl. current portion of LT debt	37.70M	107.66M	94.30M	126.09M	116.97M	185.21M	205.07M	117.32M	225.22M	225.19M	86.17M	47.85M	50.55M	330.40M	180.52M	281.33M	602.21M
Accounts payable	72.50M	116.53M	98.57M	154.23M	110.35M	109.80M	129.51M	166.13M	168.22M	153.35M	166.94M	145.67M	228.30M	230.49M	214.90M	355.47M	324.94M
Income tax payable	-3.97M	420.55K	-9.03M	4.38M	3.07M	48.76M	23.71M	3.33M	77.00K	8.22M	56.00K	3.36M	5.08M	6.86M	6.39M	57.00K	7.58M
Long term debt	161.95M	227.96M	189.83M	162.20M	122.77M	164.94M	133.87M	131.43M	152.09M	214.99M	204.72M	207.19M	121.06M	62.94M	1.39B	1.63B	1.86B
Long term debt excl. lease liabilities	161.95M	227.96M	189.83M	162.20M	122.77M	164.94M	133.87M	131.43M	152.09M	214.99M	204.72M	207.19M	121.06M	62.94M	1.39B	1.63B	1.86B
Total equity	196.51M	272.18M	358.12M	433.61M	571.55M	686.42M	752.16M	865.17M	929.68M	1.00B	1.24B	1.43B	1.67B	1.88B	2.08B	2.27B	2.48B
Shareholders' equity	196.51M	272.18M	358.12M	433.61M	571.55M	686.42M	752.16M	865.17M	929.68M	1.00B	1.24B	1.43B	1.67B	1.88B	2.08B	2.27B	2.48B
Common equity, total	196.51M	272.18M	358.12M	433.61M	571.55M	686.42M	752.16M	865.17M	929.68M	1.00B	1.24B	1.43B	1.67B	1.88B	2.08B	2.27B	2.48B
Other common equity	141.92M	217.56M	303.47M	380.04M	517.99M	3.03M	3.03M	3.03M	1.44M	1.66M	1.44M	1.33M	1.34M	1.33M	1.35M	1.45M	1.42M
Total debt	247.02M	402.18M	361.75M	373.04M	346.93M	429.23M	405.27M	327.37M	441.99M	509.25M	356.95M	303.20M	243.76M	457.82M	1.69B	2.26B	2.85B
Net debt	244.52M	389.77M	328.75M	331.75M	327.41M	412.73M	394.73M	315.94M	430.62M	494.26M	339.47M	204.14M	-9.74M	274.18M	1.66B	2.25B	2.69B
Change in accounts receivable	919.38K	-131.80M	-3.21M	-24.64M	-44.67M	-42.96M	22.22M	-143.80M	55.07M	-91.59M	91.52M	-24.61M	-84.74M	-140.46M	147.46M	-121.64M	-249.02M
Change in taxes payable	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Change in accounts payable	—	—	-11.01M	38.12M	-43.88M	6.86M	20.45M	35.91M	25.35M	-15.53M	16.23M	-16.68M	81.70M	-5.20M	-16.79M	140.05M	-28.89M
Change in other assets/liabilities	-6.67M	54.12M	0	5.52M	22.29M	-45.20M	-3.49M	-140.40K	-50.29M	71.91M	-9.15M	12.25M	16.91M	-74.88M	-155.90M	16.46M	-11.82M
Sale of fixed assets & businesses	0	2.50K	674.00K	30.00K	5.61M	480.73K	593.86K	19.78M	0	6.13M	0	127.00K	0	0	160.00M	12.88M	0
Purchase/sale of investments, net	0	0	-1.10M	-6.75M	-12.20M	4.86M	-2.58M	-1.02M	-5.00M	-4.00M	-22.50M	589.00K	161.00K	-995.00K	2.24M	-45.46M	-531.00K
Sale/maturity of investments	0	0	0	0	0	4.86M	—	—	0	0	0	589.00K	161.00K	0	2.24M	0	0
Purchase of investments	0	0	-1.10M	-6.75M	-12.20M	0	-2.58M	-1.02M	-5.00M	-4.00M	-22.50M	0	0	-995.00K	0	-45.46M	-531.00K
Other investing cash flow items, total	-1.59K	-620	0	0	0	0	0	0	0	0	-1.42M	0	0	0	0	131.26M	2.47M
Issuance/retirement of debt, net	151.24M	155.16M	-40.44M	11.29M	-26.11M	58.04M	-23.96M	-77.89M	176.14M	67.26M	-152.30M	-53.86M	-59.42M	214.07M	1.24B	569.31M	590.31M
Issuance/retirement of long term debt	155.89M	85.21M	-27.08M	-20.49M	-16.99M	-10.38M	-43.82M	9.85M	47.60M	67.29M	-13.28M	-15.54M	-62.13M	-65.77M	1.39B	238.78M	269.43M
Issuance/retirement of short term debt	-4.65M	69.95M	-13.35M	31.78M	-9.11M	68.42M	19.86M	-87.75M	128.54M	-23.00K	-139.03M	-38.32M	2.71M	279.84M	-149.87M	330.53M	320.88M
Issuance/retirement of other debt	—	—	—	—	—	—	—	—	0	0	—	—	—	—	—	—	—
Total cash dividends paid	-1.56M	-1.56M	-1.60M	-1.37M	-1.34M	-3.10M	-3.13M	-3.22M	-4.84M	-4.84M	-4.84M	-4.85M	-4.02M	-5.36M	-5.36M	-5.36M	0
Other financing cash flow items, total	0	0	0	-226.95K	-217.25K	0	0	0	0	0	0	-210.00K	0	0	0	0	0