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← CockpitCompetitor Analysis › JKPAPER.NS JK Paper LimitedOpen in the cockpit ↗

JK Paper LimitedJKPAPER.NSCompetitor analysis, valuation and peers

India · INR·Materials›Pulp & Paper
Momentum neutral 50
Mkt cap
$707M
US dollars, full cap
Free float
38%
of shares outstanding
$/day
$1.62M
20-day average traded
Fwd P/E
9.8×
forward earnings
ROIC−WACC
-8.6 pp
WACC 14.6%
Hurdle
-1 pp
Req g minus delivered
Next earnings
96 days
10 Feb 2027
Close · INR₹368.00
1D-0.9%
1W-0.6%
1M-4.3%
3M-5.5%
6M-1.3%
YTD+3.3%
1Y-8.0%
ATR %3.8%
Beta0.84
52w lowhigh16.7% off high

What JK Paper does

Employees: 9,632

JK Paper at a glance

Size JK Paper (JKPAPER.NS) is an India Materials company (Pulp & Paper) with a market value of $707M, the 713th largest of 1,058 India companies the cockpit tracks. Shares closed at ₹368.00 on 6 Nov 2026.

Performance Over six months the shares fell 1.3%, against -23.5% for the median peer and 0.0% for the India market (cap-weighted) — 3rd highest of 21 in its peer set.

Growth Revenue grew 12.0% over the last twelve months (peer median -0.7%); the operating margin is 8.3% (peer median 0.7%).

Valuation It trades at 9.8× forward earnings against a peer median of 15.3× (cheapest of 10).

Price implies For today's price to make sense, revenue must grow about 20% a year for seven years (Req g). Recent delivered growth is +21%, so the hurdle is -1 pp: the price already allows for a slowdown.

Capital Return on invested capital runs 8.6 points below its cost of capital (14.6% WACC).

Next results Next results expected around 10 Feb 2027 (exchange calendar; dates can move).

Relative performance

8010011 May 202611 Aug 20266 Nov 2026JKPAPER.NS 97Peer median 77
Six months, rebased to 100: JK Paper against the median of its 20 peers (local-currency closes).

JK Paper financials

Reported figures in INR; fiscal year ends 2026-03-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
Revenue₹75.6B₹69.9B₹65.8B₹66.5B₹64.3B
Revenue growth—+6%-1%+3%—
Gross profit₹12.7B₹7.60B₹8.05B₹15.6B₹19.4B
EBITDA₹10.3B₹9.29B₹9.36B₹16.1B₹20.1B
Net income₹3.51B₹2.66B₹4.09B₹11.2B₹12.0B
Free cash flown/a₹1.67B₹2.50B₹9.55B₹13.5B
Capital expendituren/a₹5.03B₹2.51B₹2.40B₹2.24B
Total debt₹25.0B₹25.8B₹18.9B₹22.0B₹28.0B

Quarterly statements and history in the cockpit →

JK Paper competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-40%-20%0%-20%-10%0%6003086053770020676004333865ENC0029516009660022358032605007386360316518126034296001036007946005673708600963JKPAPER.NS6-month return →1-month return →
Up and to the right = strong over both horizons. JK Paper is the large dot.

Fundamentals: revenue growth against valuation

-20%0%+20%10×20×30×40×605377600433386560096680326050073863600794600963JKPAPER.NSRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. JK Paper is the large dot.

Capital: growth delivered against growth the price implies

-20%0%+20%-20%0%20%605377600433600966803238636001036007946005673708JKPAPER.NSGrowth delivered (Del g) →Growth the price implies (Req g, 7 yrs) →
Above the diagonal = the price needs more growth than the company has been delivering; below = the price already allows for a slowdown. JK Paper is the large dot.

JK Paper competitors and peer comparison

How JK Paper compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

JK Paper against its 20 peers (data as of 6 Nov 2026)
MeasureJKPAPER.NSPeer medianRank in peer set
1-month return-4.3%-8.4%6th highest of 21
6-month return-1.3%-23.5%3rd highest of 21
Distance from 52-week high-16.7%-41.1%3rd highest of 21
Revenue growth (TTM)+12.0%-0.7%3rd highest of 21
Operating margin8.3%0.7%highest of 21
Forward P/E9.8×15.3×cheapest of 10
Growth the price implies (Req g, 7 yrs)19.8%3.5%2nd most demanding of 10
Growth delivered (Del g)+20.7%+3.4%highest of 10
Hurdle (Req g minus delivered)-0.9 pp+4.0 pp5th least demanding of 10
ROIC minus cost of capital-8.6 pp-4.7 pp6th lowest of 21
EV / EBITDA8.4×10.9×cheapest of 6
Net debt / EBITDA1.6×4.4×3rd least indebted of 9

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginForward P/EReq gDelivered g
JK Paper JKPAPER.NSIndia$707M-1%+12%8%9.8×19.8%+20.7%
Shandong Huatai Paper 600308.SSChina$662M-25%-5%-2%n/an/an/a
Hangzhou Huawang New Material Technology 605377.SSChina$655M-20%-13%8%13.2×-7.9%+14.8%
Zhejiang Jingxing Paper Joint Stock 002067.SZChina$787M-27%+18%0%n/an/an/a
Guangdong Guanhao High-Tech 600433.SSChina$788M-37%-1%-4%11.7×25.9%+2.0%
Hokuetsu 3865.TJapan$816M-9%-5%2%17.2×n/an/a
ENCE Energia y Celulosa ENC.MCSpain$608M-9%-1%1%n/an/an/a
Sichuan Jinshi Technology 002951.SZChina$840M-7%-52%-102%n/an/an/a
Shandong Bohui Paper Industry 600966.SSChina$841M-33%-2%2%38.0×-0.6%+6.5%
Xiamen Anne 002235.SZChina$593M-38%+1%-9%n/an/an/a
Japan Pulp and Paper 8032.TJapan$877M+9%+10%2%15.3×3.5%+5.6%
Wuzhou Special Paper 605007.SSChina$882M-22%+17%5%12.1×n/an/a
Nippon Paper Industries 3863.TJapan$899M-6%+2%2%11.8×15.4%+3.4%
Zhejiang Rongsheng Environmental Protection Paper 603165.SSChina$554M-32%+10%2%n/an/an/a
Shandong Chenming Paper 1812.HKHong Kong$545M-52%+4%-37%n/an/an/a
Anhui Genuine New Materials 603429.SSChina$539M-33%-37%-46%n/an/an/a
Fujian Qingshan Paper Industry 600103.SSChina$930M-35%+5%2%n/a14.6%-0.5%
Zhangjiagang Freetrade Science & Technology 600794.SSChina$533M-17%-35%-32%22.8×-9.2%-21.8%
Shanying International 600567.SSChina$962M-27%+1%-7%n/a-11.8%+2.9%
Tokushu Tokai Paper 3708.TJapan$494M+34%0%5%n/a8.5%+4.5%
Yueyang Forest & Paper 600963.SSChina$1.02B-14%-10%-5%19.9×n/an/a

Questions

Which companies are JK Paper's closest peers?
The cockpit's peer set: Shandong Huatai Paper (600308.SS), Hangzhou Huawang New Material Technology (605377.SS), Zhejiang Jingxing Paper Joint Stock (002067.SZ), Guangdong Guanhao High-Tech (600433.SS), Hokuetsu (3865.T), ENCE Energia y Celulosa (ENC.MC), Sichuan Jinshi Technology (002951.SZ), Shandong Bohui Paper Industry (600966.SS).
Is JK Paper expensive compared with its peers?
On forward p/e it trades at 9.8× against a peer median of 15.3×, cheapest of 10 in its peer set. For today's price to make sense, revenue must grow about 20% a year for seven years (Req g). Recent delivered growth is +21%, so the hurdle is -1 pp: the price already allows for a slowdown.
How has JK Paper stock performed?
Over six months to 6 Nov 2026 the shares returned -1.3% against -23.5% for the median peer; over one year -8.0%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.