Emami Paper Mills (NSE:EMAMIPAP) ROCE %: 21.83% (As of Mar. 2026)


NSE:EMAMIPAP Emami Paper Mills Ltd NSE:EMAMIPAP
50 GF Score
Price ₹85.25
GF Value ₹96.67
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Emami Paper Mills ROCE %?

Emami Paper Mills NSE:EMAMIPAP -0.36% 50 ROCE % is 21.83% as of Mar. 2026. GuruFocus rates NSE:EMAMIPAP with a GF Score™ of 50/100 and a GF Value™ of ₹96.67 (Modestly Undervalued). The stock has 6 warning signs investors should review.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Emami Paper Mills's annualized ROCE % for the quarter that ended in Mar. 2026 was 21.83%.

Emami Paper Mills  (NSE:EMAMIPAP) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Emami Paper Mills ROCE % Related Terms

Emami Paper Mills ROCE % Historical Data

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The historical data trend for Emami Paper Mills's ROCE % 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.

Emami Paper Mills ROCE % Chart

Emami Paper Mills Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.90 12.99 15.05 8.09 13.87

Emami Paper Mills Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.79 9.05 9.83 15.85 21.83
NSE:EMAMIPAP
50GF Score
Emami Paper Mills Ltd NSE:EMAMIPAP
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Emami Paper Mills ROCE % Calculation

Emami Paper Mills's annualized ROCE % for the fiscal year that ended in Mar. 2026 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=1612.4/( ( (18171.4 - 6506.4) + (18224.8 - 6632.9) )/ 2 )
=1612.4/( (11665+11591.9)/ 2 )
=1612.4/11628.45
=13.87 %

Emami Paper Mills's ROCE % of for the quarter that ended in Mar. 2026 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=2530.8/( ( (0 - 0) + (18224.8 - 6632.9) )/ 1 )
=2530.8/( ( 0 + 11591.9 )/ 1 )
=2530.8/11591.9
=21.83 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

* 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.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of 21.83% mean?
Emami Paper Mills (NSE:EMAMIPAP) has a ROCE % of 21.83% as of Mar. 2026.
Is Emami Paper Mills' ROCE % too high?
Emami Paper Mills' current ROCE % is 21.83%. The Forest Products industry median ROCE % is 3.38. Emami Paper Mills' value of 21.83% is 545.9% above this industry median. Overall, Emami Paper Mills has a GF Score™ of 50/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Emami Paper Mills' ROCE % compare to competitors?
Emami Paper Mills' ROCE % of 21.83% can be compared against companies in the Forest Products industry. The industry median ROCE % is 3.38. Emami Paper Mills' value of 21.83% is 545.9% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for a Forest Products company?
The median ROCE % among Forest Products companies is 3.38, based on 280 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Emami Paper Mills's current ROCE % of 21.83% is 545.9% above 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 ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Forest Products industry, the median ROCE % is 3.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Emami Paper Mills's current ROCE % is 21.83%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Emami Paper Mills stock overvalued right now?
Based on GuruFocus' analysis, Emami Paper Mills (NSE:EMAMIPAP) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹96.67, compared to a current price of ₹85.25 — trading 11.8% below its estimated fair value. The current ROCE % is 21.83% and 545.9% above the Forest Products industry median of 3.38. Emami Paper Mills' overall GF Score™ is 50/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Emami Paper Mills (NSE:EMAMIPAP), the current ROCE % is 21.83% 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 Emami Paper Mills (NSE:EMAMIPAP) Overvalued in 2026?

Based on GuruFocus' analysis, Emami Paper Mills stock appears to be undervalued. The current stock price of ₹85.25 is trading 11.8% below its estimated GF Value™ of ₹96.67. GuruFocus considers Emami Paper Mills to be Modestly Undervalued.

Key valuation signals for NSE:EMAMIPAP:

  • ROCE %: 21.83%
  • GF Value™: ₹96.67 vs. price of ₹85.25 (11.8% below fair value)
  • GF Score™: 50/100 with 6 warning signs
  • Industry Position: 545.9% above the Forest Products median

No single metric tells the full story. See the NSE:EMAMIPAP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Emami Paper Mills Business Description

Other Exchanges 533208:India
Address 687, Anandapur, 1st Floor, E.M. Bypass, Kolkata, WB, IND, 700107
Emami Paper Mills Ltd is engaged in the manufacturing of paper and paper products. It offers various papers and paper products including newsprint, writing and printing paper, and multilayer-coated board used in pharmaceuticals, healthcare, fast-moving consumer goods, consumer durable goods, and food product industries. The company derives revenue from the sale of paper and paperboard.
50GF Score

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ROCE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹85.25
Price
₹96.67
GF Value