Astron Paper & Board Mill Ltd Stock Price Today (NSE: ASTRON)

Astron Paper & Board Mill Ltd

3.95+0.01 (+0.25%)
Market Closed

Fundamental Score

...

Astron Paper & Board Mill Ltd Share Price — Live NSE/BSE Price, Fundamentals & Analysis

Astron Paper & Board Mill Ltd share price today is 3.95, up +0.25% on NSE/BSE as of 19 June 2026. Astron Paper & Board Mill Ltd (ASTRON) is a Small-cap company in the Paper & Paper Products sector with a market capitalisation of 32.03 (Cr). The 52-week high for ASTRON share price is 18.89 and the 52-week low is 3.26. The company has a Return on Equity (ROE) of -41.68% and a debt-to-equity ratio of 0.83.

Astron Paper & Board Mill Ltd Share Price Chart — NSE/BSE Historical Performance

No data
High
4.64
Low
3.88
Volume
26.0K
Change
-9.91%

Astron Paper & Board Mill Ltd share price chart: -9.91% return over the past month. 52-week high ₹18.89, 52-week low ₹3.26.

Astron Paper & Board Mill Ltd — Last 10 Trading Days

DateOpenHighLowCloseVolume
3.954.093.903.9514.85K (Cr)
3.874.063.873.9415.27K (Cr)
4.154.183.803.9666.86K (Cr)
4.104.103.974.0029.50K (Cr)
4.034.144.034.0611.45K (Cr)
4.054.133.884.1132.85K (Cr)
4.344.343.984.0530.29K (Cr)
4.444.444.114.1522.50K (Cr)
4.214.424.194.2714.93K (Cr)
4.194.344.034.2115.42K (Cr)

Astron Paper & Board Mill Ltd — Last 12 Months Price History

MonthOpenHighLowCloseChange
3.874.093.873.95+2.07%
4.604.603.803.96-13.91%
3.395.043.264.43+30.68%
3.864.343.373.38-12.44%
4.544.663.824.06-10.57%
6.226.594.474.64-25.40%
6.847.005.856.10-10.82%
10.5310.886.767.20-31.62%
13.1713.8210.0110.53-20.05%
13.4518.8912.9013.17-2.08%
15.3716.1411.5513.38-12.95%
18.0018.0014.4314.65-18.61%

AI Research Briefing

Powered by Gemini · 2026-04-13

Micro-cap paper stock bleeding cash and plagued by governance issues; stay away.

Research Confidence
4.0/10Low
DEBT TRAP TURNAROUNDBreakdown. 1M: -35.04%, 3M: -57.73%, 6M: -64.52%.P/E is non-existent due to losses. Industry P/E is 15.36x, making Astron appear expensive given its financial distress.

WHAT'S HAPPENING NOW (last 2-4 weeks)

Astron Paper is its 52-week low of , hitting it on April 1, 2026. Recent news includes the resignation of an independent director and the closure of the trading window in anticipation of FY26 financial results.

CORE STORY (THE REAL GAME)

Astron Paper is a micro-cap stock attempting to capitalize on the growing Indian paper packaging market, but struggling with profitability and governance issues.

Why Now
  • Trading near 52-week low
  • Packaging sector growth
  • Potential import substitution
Potential Catalysts
  • Positive earnings surprise
  • Successful debt restructuring
  • New order wins
Key Risks
  • Negative ROE and ROCE
  • High debt/equity
  • Director resignations
  • Micro-cap liquidity risk
  • Sales degrowth
Institutional Activity

No FII/DII interest. Promoter holding stable at a low 25.37%.

Macro Context

Paper industry faces rising energy costs and potential export disruption due to geopolitical tensions. Packaging demand is a tailwind.

Cash Flow Quality

Poor. Free Cash Flow 5Y is only ₹7.76 Cr, insufficient to cover debt obligations.

3–6 Month Outlook

Near-term outlook is bleak due to financial distress. A turnaround depends on debt restructuring and a recovery in sales and profitability.

Primary Thesis Risk

Inability to service debt will lead to bankruptcy.

For educational purposes only. Not investment advice. Consult a SEBI-registered advisor before investing.

Returns & Performance

Poor

Return on Equity (ROE)

-41.68%

Profit generated per ₹1 of shareholder equity

Poor

Return on Capital (ROCE)

-19.37%

Returns generated on total capital deployed

Poor

Oper. Profit Margin (5Y Avg)

0.53%

Average operating profit margin over 5 years

Dividend Yield

0.00%

Annual dividend as % of current share price

Astron Paper & Board Mill Ltd Valuation Check

Price to Earnings (P/E)

N/A

Share price ÷ earnings per share. Lower = cheaper

Poor

Industry Avg P/E

15.36x

Average P/E of all peers in this sector

Market-cap Classification
Small-cap
Higher growth potential with higher volatility.

Shareholding Pattern

Excellent

Promoter Holding

25.37%

% shares held by company founders/management

Poor

FII Holding

0.00%

% shares held by foreign institutional investors

Poor

DII Holding

0.00%

% held by domestic mutual funds, LIC, banks

Excellent

Promoter Pledged %

0.00%

% of promoter shares pledged as collateral — lower is safer

Growth Engine

Excellent

Profit Growth (Quarterly YoY)

51.51%

Net profit growth vs same quarter last year

Poor

Revenue Growth (Quarterly YoY)

-100.00%

Revenue growth vs same quarter last year

Poor

Revenue Growth (5-Year CAGR)

-23.18%

Compounded annual revenue growth over 5 years

EPS Growth (5-Year CAGR)

N/A

Earnings per share growth over 5 years

Net Profit Growth (5-Year CAGR)

N/A

Compounded annual net profit growth over 5 years

Balance Sheet Health

Poor

Debt to Equity Ratio

0.83x

Total debt ÷ equity. Below 0.5 = financially healthy

Poor

Interest Coverage Ratio

-2.11x

EBIT ÷ interest expense. Above 2.5 = can pay interest comfortably

Free Cash Flow (5-Year Total)

7.76 (Cr)

Cash left after capex over 5 years. Positive = self-funded growth

Labels (e.g., "Excellent", "Good") are peer-based vs industry/sector averages — data-only, not advice

Astron Paper & Board Mill Ltd Fundamental Analysis & Valuation Benchmarking

Educational evaluation of ASTRON across key market metrics for learning purposes.

Positive Indicators

2 factors identified

Robust Profit Growth (51.51%)

Observation: Strong year-over-year profit expansion demonstrates business momentum.

Analysis: Profit growth >20% indicates effective execution and market opportunity capture.

Zero Share Pledging Risk

Observation: No promoter shares pledged as collateral.

Analysis: Absence of share pledging eliminates potential forced-selling pressure.

Risk Factors

8 factors identified

Below-Average Return on Equity (-41.68%)

Observation: Returns on equity are below industry benchmarks.

Analysis: ROE <10% may indicate inefficient capital utilization. Consider monitoring for operational improvements and management effectiveness.

Suboptimal ROCE (-19.37%)

Observation: Returns on capital employed are below expectations.

Analysis: ROCE <10% suggests potential inefficiencies in capital allocation.

Margin Pressure Concerns (0.53%)

Observation: Operating margins are below industry standards.

Analysis: OPM <5% may indicate pricing pressures or cost management challenges.

Revenue Contraction (-100.00%)

Observation: Sales decline may indicate market challenges or competitive pressures.

Analysis: Negative revenue growth requires analysis of market conditions.

Limited Growth History (-23.18% CAGR)

Observation: Below-average 5-year sales growth trajectory.

Analysis: Low sales CAGR may indicate mature markets or limited growth opportunities.

Weak Interest Coverage (-2.11x)

Observation: Limited ability to service debt obligations from earnings.

Analysis: Low interest coverage raises concerns about financial stability.

Low Promoter Commitment (25.37%)

Observation: Reduced promoter stake may indicate limited confidence.

Analysis: Low promoter holding may raise questions about management commitment.

No Dividend Distribution

Observation: Company does not currently pay dividends to shareholders.

Analysis: Zero dividend yield may indicate growth reinvestment focus or cash flow constraints.

Astron Paper & Board Mill Ltd vs Paper & Paper Products Peers

Peer Comparison - Paper & Paper Products

Compare Astron Paper & Board Mill Ltd with 10 other companies in the same sector

11 companies
Company Info
Fundamental
Valuation
Profitability
Financial Health
Growth
Dividend
Company
Company name
Score
Bull Run comprehensive fundamental score based on 20+ metrics
Price
Current trading price of the stock
Market Cap
Total value of all shares in the market
P/E
Price per share divided by earnings per share
ROE
Net income divided by shareholder equity
ROCE
Earnings before interest and tax divided by capital employed
Debt/Eq
Total debt divided by total equity
Profit 5Y
Average annual profit growth over 5 years
Sales 5Y
Average annual sales growth over 5 years
Dividend
Annual dividend per share divided by price per share
6.7/100
4
₹32.03
-41.68%
Poor
-19.37%
Poor
0.8
Good
-23.18%
Poor
0.00%
6.3/100
1253
₹19780.17
-2.45%
Poor
-0.16%
Poor
1.4
Average
-18.66%
Poor
0.11%
Jk Paper Ltd...
JKPAPER532162
34.5/100
382
₹6162.84
20.7
Average
7.04%
Poor
8.63%
Poor
0.4
Excellent
-4.38%
Poor
17.03%
Excellent
1.37%
33/100
476
₹2807.42
15.6
Average
9.49%
Poor
11.47%
Average
0.1
Excellent
-2.98%
Poor
10.26%
Good
1.18%
28.2/100
237
₹1513.20
18.6
Average
5.60%
Poor
7.04%
Poor
0.0
Excellent
-9.68%
Poor
8.18%
Good
1.04%
22.3/100
63
₹1342.67
65.3
Average
3.07%
Poor
4.50%
Poor
0.1
Excellent
-22.73%
Poor
3.95%
Average
1.48%
25.1/100
150
₹994.42
-0.14%
Poor
5.54%
Poor
0.9
Good
5.29%
Good
2.09%
55.6/100
83
₹967.07
10.6
Average
16.74%
Good
22.35%
Excellent
0.0
Excellent
26.98%
Excellent
6.00%
Good
0.59%
36.7/100
77
₹833.98
12.8
Average
10.07%
Average
11.36%
Average
0.6
Good
10.35%
Good
8.25%
Good
3.12%
2.1/100
455
₹789.36
32.5
Average
2.35%
Poor
5.62%
Poor
0.9
Good
-31.16%
Poor
3.38%
Average
0.43%
39.3/100
59
₹678.59
10.9
Average
11.89%
Average
10.30%
Average
0.3
Excellent
5.09%
Good
13.23%
Good
0.59%

Astron Paper & Board Mill Ltd PE Ratio History

Historical price-to-earnings ratio for ASTRON — last 5 years

YearEPS (₹)Price (₹)P/E Ratio
FY 20221.74₹32.8018.9x

P/E = year-end price ÷ diluted EPS from annual filings. Source: NSE/BSE via Bull Run.

Astron Paper & Board Mill Ltd Quarterly Performance

Latest quarterly metrics for ASTRON — revenue growth and profit growth vs same quarter last year

Revenue Growth (YoY)

-100.00%

Latest quarter vs same quarter previous year

Net Profit Growth (YoY)

51.51%

Latest quarter net profit vs same quarter previous year

5-Year Revenue CAGR

-23.18%

Compounded annual revenue growth over 5 years

5-Year Profit CAGR

N/A

Compounded annual net profit growth over 5 years

Astron Paper & Board Mill Ltd Technical Indicators

SMA 50, SMA 200, RSI and volume signals for ASTRON — calculated from daily price history

32RSI 14
Neutral — RSI 32

Momentum is balanced — neither overbought nor oversold.

SMA 50
4
▼ Price below SMA 50 — Short-term bearish
SMA 200
8
▼ Price below SMA 200 — Long-term downtrend
30-Day Avg Volume
30K shares/day
Average daily traded volume over last 30 trading sessions

Technical indicators are for educational purposes only. Not investment advice.

Astron Paper & Board Mill Ltd Financial Statements

Annual income statement, balance sheet and cash flow for Astron Paper & Board Mill Ltd (ASTRON) — sourced from NSE/BSE filings.

Loading Financial Statements...

Fetching financial data for Astron Paper & Board Mill Ltd

About ASTRON (Astron Paper & Board Mill Ltd)

Astron Paper & Board Mill Ltd is a dynamic force within India's paper and paper products sector, specializing in the creation of kraft paper solutions. With a sharp focus on sustai...nability, Astron utilizes recycled wastepaper as the primary raw material in its manufacturing process, transforming discarded materials into high-quality packaging paper. The company's comprehensive product portfolio caters specifically to the diverse demands of the packaging industry, offering a range of options designed for various applications. Through continuous innovation and a dedication to environmental responsibility, Astron strives to provide reliable and eco-conscious paper solutions to meet the evolving needs of its customers. Astron Paper & Board Mill Ltd distinguishes itself through its diverse product line, encompassing essential grades of kraft paper. These include fluting medium, vital for providing structural integrity in corrugated boards, as well as test liner and kraft liner, both renowned for their strength and printability in packaging applications. Furthermore, the company produces virgin top liner, which provides a superior surface for enhanced aesthetics, and H-RCT kraft liner, engineered for high ring crush resistance, crucial for stacking strength. Astron's commitment to quality extends to the production of high ring crust test and corrugated medium papers, offering versatile solutions to meet a wide range of packaging requirements. Astron Paper & Board Mill Ltd operates from its base in Ahmedabad, India, serving both domestic and international markets. The company has rapidly expanded since its incorporation in 2010, establishing a strong presence in the kraft paper market. Its strategic location, coupled with a commitment to delivering high-quality products, enables Astron to effectively serve its customers across various sectors. Through a combination of sustainable practices and dedication to innovation, Astron continues to solidify its position as a prominent and reliable provider of kraft paper solutions. The company's export operations demonstrate its ambition to broaden its reach and impact within the global paper industry.

Company Details

Symbol:ASTRON
Industry:Paper & Paper Products
Sector:Paper & Paper Products

Key Leadership

Mr. Kiritbhai Ghanshyambhai Patel
Executive Chairman & MD
Mr. Rohit K. Patel
Chief Financial Officer
Mr. Ramakant Kantibhai Patel
Whole Time Director

ASTRON Share Price: Frequently Asked Questions

What is the current share price of Astron Paper & Board Mill Ltd?

Astron Paper & Board Mill Ltd (ASTRON) trades at ₹3.95 on NSE and BSE. Market cap ₹32.03 (Cr). Educational data only.

What is the P/E ratio of Astron Paper & Board Mill Ltd?

Astron Paper & Board Mill Ltd has a P/E of N/Ax vs industry average 15.36x.

What is the Bull Run score for Astron Paper & Board Mill Ltd?

Astron Paper & Board Mill Ltd has a Bull Run score of 6.7/100 based on 25+ financial parameters.

Does Astron Paper & Board Mill Ltd pay dividends?

Astron Paper & Board Mill Ltd has a dividend yield of 0.00%. Past dividends don't guarantee future payments.

What is the ROE of Astron Paper & Board Mill Ltd?

Astron Paper & Board Mill Ltd has ROE of -41.68%. Higher ROE indicates better use of shareholder equity.

What is the debt-to-equity ratio of Astron Paper & Board Mill Ltd?

Astron Paper & Board Mill Ltd has debt-to-equity of 0.83.

Is Astron Paper & Board Mill Ltd a good investment?

Bull Run gives Astron Paper & Board Mill Ltd a score of 6.7/100. This is not investment advice — consult a SEBI-registered advisor.