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Andhra PaperNSE:ANDHRAPAP +0.10%78 Debt-to-Equity is 0.12 as of Mar. 2026, which is 140% above its 10-year median of 0.05. GuruFocus rates NSE:ANDHRAPAP with a GF Score™ of 78/100 and a GF Value™ of ₹85.47 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 256 Forest Products companies, Andhra Paper ranks better than 80.47% on this metric.
A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for Andhra Paper's Debt-to-Equity or its related term are showing as below:
NSE:ANDHRAPAP'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.05 Max: 0.73
Current: 0.12
During the past 13 years, the highest Debt-to-Equity Ratio of Andhra Paper was 0.73. The lowest was 0.01. And the median was 0.05.
NSE:ANDHRAPAP's Debt-to-Equity is ranked better than 80.47% of 256
companies
in the Forest Products industry
Industry Median: 0.48
vs NSE:ANDHRAPAP: 0.12
Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.
Andhra Paper Debt-to-Equity Related Terms
Andhra Paper Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Andhra Paper's Debt-to-Equity can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Paper & Paper Products subindustry, Andhra Paper's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Andhra Paper Debt-to-Equity vs Forest Products Industry
For the Forest Products industry and Basic Materials sector, Andhra Paper's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Andhra Paper's Debt-to-Equity falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Andhra Paper (NSE:ANDHRAPAP) has a Debt-to-Equity of 0.12 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Andhra Paper and its competitors. This is 140% above median its historical median of 0.05. Over the past decade, Andhra Paper's Debt-to-Equity has ranged from 0.01 to 0.73. According to the industry distribution chart, Andhra Paper ranks #50 out of 256 companies in the Forest Products industry, placing it in the top 19.5%.
Is Andhra Paper's Debt-to-Equity too high?
Andhra Paper's current Debt-to-Equity of 0.12 is 140% above median its 10-year median of 0.05. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 0.73. The Forest Products industry median Debt-to-Equity is 0.48. Andhra Paper's value of 0.12 is 75% below this industry median. Based on the distribution chart, Andhra Paper ranks #50 out of 256 companies in the Forest Products industry, which is in the top quartile — a strong position relative to peers. Overall, Andhra Paper has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Andhra Paper's Debt-to-Equity compare to competitors?
According to the Forest Products industry distribution chart, Andhra Paper ranks #50 out of 256 companies for Debt-to-Equity. This places Andhra Paper in the top 20% of its industry — outperforming the majority of peers. The industry median Debt-to-Equity is 0.48. Andhra Paper's value of 0.12 is 75% below this benchmark. Historically, Andhra Paper's own Debt-to-Equity has ranged from 0.01 to 0.73 over the past decade. While the company's 10-year median is 0.05 vs. the industry median of 0.48, Andhra Paper has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Forest Products company?
The median Debt-to-Equity among Forest Products companies is 0.48, based on 256 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Andhra Paper's current Debt-to-Equity of 0.12 is 75% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Andhra Paper and its competitors. For the Forest Products industry, the median Debt-to-Equity is 0.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Andhra Paper's current Debt-to-Equity is 0.12, which is 140% above median its own 10-year median of 0.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Andhra Paper stock overvalued right now?
Based on GuruFocus' analysis, Andhra Paper (NSE:ANDHRAPAP) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹85.47, compared to a current price of ₹60.68 — trading 29% below its estimated fair value. The current Debt-to-Equity is 0.12, which is 140% above median its 10-year median of 0.05 and 75% below the Forest Products industry median of 0.48. Andhra Paper's overall GF Score™ is 78/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Andhra Paper (NSE:ANDHRAPAP), the current Debt-to-Equity is 0.12 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Andhra Paper (NSE:ANDHRAPAP) Overvalued in 2026?
Based on GuruFocus' analysis, Andhra Paper stock appears to be undervalued.
The current stock price of ₹60.68 is trading 29% below its estimated GF Value™ of ₹85.47.
GuruFocus considers Andhra Paper to be Modestly Undervalued.
Key valuation signals for NSE:ANDHRAPAP:
Debt-to-Equity: 0.12 (140% above median its 10-year median of 0.05)
GF Value™: ₹85.47 vs. price of ₹60.68 (29% below fair value)
Industry Position: 75% below the Forest Products median (#50 of 256)
No single metric tells the full story. See the NSE:ANDHRAPAP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Andhra Paper Ltd is an integrated paper and pulp manufacturer in India. The company is engaged in the business of manufacturing pulp, paper, and paperboard and produces writing, printing, copier, and industrial papers for Indian and international markets. In addition, the company also provides a range of office documentation and multipurpose papers, from economy to premium grades for both home and commercial use. The company generates maximum revenue from its business in India and the rest from the sale of its products outside India.
78GF Score
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