Tamil Nadu Newsprint & Papers (NSE:TNPL) ROCE %: 9.17% (As of Mar. 2026)


NSE:TNPL Tamil Nadu Newsprint & Papers Ltd NSE:TNPL
72 GF Score
Price ₹144.99
GF Value ₹183.13
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Tamil Nadu Newsprint & Papers ROCE %?

Tamil Nadu Newsprint & Papers NSE:TNPL -0.54% 72 ROCE % is 9.17% as of Mar. 2026. GuruFocus rates NSE:TNPL with a GF Score™ of 72/100 and a GF Value™ of ₹183.13 (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. Tamil Nadu Newsprint & Papers's annualized ROCE % for the quarter that ended in Mar. 2026 was 9.17%.

Tamil Nadu Newsprint & Papers  (NSE:TNPL) 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.

Tamil Nadu Newsprint & Papers ROCE % Related Terms

Tamil Nadu Newsprint & Papers ROCE % Historical Data

* Premium members only.

The historical data trend for Tamil Nadu Newsprint & Papers'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.

Tamil Nadu Newsprint & Papers ROCE % Chart

Tamil Nadu Newsprint & Papers 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 4.38 21.36 14.53 6.35 6.96

Tamil Nadu Newsprint & Papers 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 9.80 4.31 7.29 7.14 9.17
NSE:TNPL
72GF Score
Tamil Nadu Newsprint & Papers Ltd NSE:TNPL
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Tamil Nadu Newsprint & Papers ROCE % Calculation

Tamil Nadu Newsprint & Papers'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 )
=2437.6/( ( (58827.817 - 24864.788) + (62101.1 - 26049.8) )/ 2 )
=2437.6/( (33963.029+36051.3)/ 2 )
=2437.6/35007.1645
=6.96 %

Tamil Nadu Newsprint & Papers'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 )
=3305.6/( ( (0 - 0) + (62101.1 - 26049.8) )/ 1 )
=3305.6/( ( 0 + 36051.3 )/ 1 )
=3305.6/36051.3
=9.17 %

(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 9.17% mean?
Tamil Nadu Newsprint & Papers (NSE:TNPL) has a ROCE % of 9.17% as of Mar. 2026.
Is Tamil Nadu Newsprint & Papers' ROCE % too high?
Tamil Nadu Newsprint & Papers' current ROCE % is 9.17%. The Forest Products industry median ROCE % is 3.38. Tamil Nadu Newsprint & Papers' value of 9.17% is 171.3% above this industry median. Overall, Tamil Nadu Newsprint & Papers has a GF Score™ of 72/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tamil Nadu Newsprint & Papers' ROCE % compare to competitors?
Tamil Nadu Newsprint & Papers' ROCE % of 9.17% can be compared against companies in the Forest Products industry. The industry median ROCE % is 3.38. Tamil Nadu Newsprint & Papers' value of 9.17% is 171.3% 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. Tamil Nadu Newsprint & Papers's current ROCE % of 9.17% is 171.3% 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. Tamil Nadu Newsprint & Papers's current ROCE % is 9.17%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tamil Nadu Newsprint & Papers stock overvalued right now?
Based on GuruFocus' analysis, Tamil Nadu Newsprint & Papers (NSE:TNPL) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹183.13, compared to a current price of ₹144.99 — trading 20.8% below its estimated fair value. The current ROCE % is 9.17% and 171.3% above the Forest Products industry median of 3.38. Tamil Nadu Newsprint & Papers' overall GF Score™ is 72/100 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 Tamil Nadu Newsprint & Papers (NSE:TNPL), the current ROCE % is 9.17% 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 Tamil Nadu Newsprint & Papers (NSE:TNPL) Overvalued in 2026?

Based on GuruFocus' analysis, Tamil Nadu Newsprint & Papers stock appears to be undervalued. The current stock price of ₹144.99 is trading 20.8% below its estimated GF Value™ of ₹183.13. GuruFocus considers Tamil Nadu Newsprint & Papers to be Modestly Undervalued.

Key valuation signals for NSE:TNPL:

  • ROCE %: 9.17%
  • GF Value™: ₹183.13 vs. price of ₹144.99 (20.8% below fair value)
  • GF Score™: 72/100 with 6 warning signs
  • Industry Position: 171.3% above the Forest Products median

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

Tamil Nadu Newsprint & Papers Business Description

Other Exchanges 531426:India
Address 67, Mount Road, Guindy, Chennai, TN, IND, 600 032
Tamil Nadu Newsprint & Papers Ltd is engaged in the business of printing and writing paper. It operates in two segments Paper & Paper Board and Energy. Paper & Paper Board is involved in the Manufacturing and selling of Paper and Paper boards, and the Energy involved in the Generation of Power through TGs and Windmills for captive consumption and for export of power. Its products include Paper, Packaging Board, Cement, and Marketing Network.
72GF Score

Get the complete analysis for NSE:TNPL

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

₹144.99
Price
₹183.13
GF Value