Shree Ajit Pulp & Paper Ltd (BSE: 538795) is a Vapi, Gujarat-based company in the Paper Manufacturing industry. With a market capitalisation of ₹268 Cr, it ranks #2,392 by market cap among the 6,189 Indian listed companies on FinBizNet, and #6 of 14 in Paper Manufacturing. At ₹301.50 (as of 26 Oct 2026), the share price is 20.6% below its 52-week high of ₹379.95 and 13.6% above its 52-week low of ₹265.30.
| Current Price | ₹301.50 |
|---|---|
| Market Cap | ₹268 Cr |
| BSE Code | 538795 |
| Sector | Materials > Paper and Forest Products |
| Sub-Industry | Paper Products > Paper Manufacturing |
| P/E Ratio | 8.4 |
| Return on Equity | 11.42% |
| Return on Assets | 7.58% |
| 52-Week Range | ₹265.30 – ₹379.95 |
| 3-Month Price Change | -6.9% |
| Beta (1Y) | 0.17 |
| Dividend Yield | 0.00% |
| Headquarters | Vapi, Gujarat |
| Website | www.shreeajit.com |
Shree Ajit Pulp and Paper Limited manufactures and sells kraft paper in India. The company offers multilayer test liner and test liner paper used as packaging material for making corrugated boxes, paper carry bags, paper food boxes, reel wraps, duplex cartons, corrugated small e-flute, etc. It serves textiles, automobiles, appliances and consumer durables, foods and beverages, fruits and vegetables, and pharmaceutical industries. The company was incorporated in 1995 and is based in Vapi, India.
1. Manufacturing of Kraft Paper (Testliner and Multilayer Testliner)-This segment manufactures and sells kraft paper. 2. Paper-This segment engages in the manufacture and sale of kraft paper primarily for making corrugated boxes, duplex cartons, corrugated small e-?utes, etc. as packaging material. 3. Power Generation-This segment is involved in the windmill power generation. 4. Unallocable Assets-0
1. Manufacturing of Kraft Paper (Testliner and Multilayer Testliner)-100%
| Company | Market Cap | P/E | ROE | Latest Qtr Revenue | 1Y Change |
|---|---|---|---|---|---|
| Jk Paper Ltd | ₹6,467 Cr | 24.3 | 4.78% | ₹1,887 Cr | -11.2% |
| Seshasayee Paper And Boards Limited (Seshapaper) | ₹1,195 Cr | 14.5 | 4.10% | ₹503 Cr | -21.7% |
| ASGARD ALCOBEV LIMITED | ₹944 Cr | 303.1 | — | — | -39.0% |
| Tamil Nadu Newsprint & Papres (Tnpl) | ₹906 Cr | 3.7 | 11.25% | ₹1,147 Cr | -15.1% |
| Shree Rama Newsprint Ltd | ₹400 Cr | -11.8 | 70.20% | ₹10 Cr | -9.4% |
| Shree Ajit Pulp & Paper Ltd | ₹268 Cr | 8.4 | 11.42% | — | — |
| South India Paper Mills Ltd. | ₹216 Cr | 20.1 | 4.96% | — | +65.4% |
| Nidhi Granites Ltd. | ₹188 Cr | 24.5 | 41.03% | — | -39.0% |
| NIKITA GREENTECH RECYCLING LIMITED | ₹148 Cr | 13.3 | — | — | — |
Listed by market capitalisation. Ratios are shown for context only.
Shree Ajit Pulp & Paper Ltd is trading at ₹301.50, with a market capitalisation of ₹268 Cr.
Shree Ajit Pulp & Paper Ltd operates in the Materials > Paper and Forest Products space (Paper Products > Paper Manufacturing).
Shree Ajit Pulp & Paper Ltd has a P/E of 8.4 and a return on equity of 11.42%.
Shree Ajit Pulp & Paper Ltd is listed on the BSE under the scrip code 538795.
Data as of 26 Oct 2026. Descriptive market data only — not investment advice.