Andhra Paper (NSE:ANDHRAPAP) ROE %: 1.59% (As of Mar. 2026) — 89% Below Median


NSE:ANDHRAPAP Andhra Paper Ltd NSE:ANDHRAPAP
74 GF Score
Price ₹63.61
GF Value ₹86.67
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Andhra Paper ROE %?

Andhra Paper NSE:ANDHRAPAP -0.97% 74 ROE % is 1.59% as of Mar. 2026, which is 89% below its 10-year median of 14.73. GuruFocus rates NSE:ANDHRAPAP with a GF Score™ of 74/100 and a GF Value™ of ₹86.67 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 280 Forest Products companies, Andhra Paper ranks worse than 56.79% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Andhra Paper's annualized net income for the quarter that ended in Mar. 2026 was ₹309 Mil. Andhra Paper's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ₹19,394 Mil. Therefore, Andhra Paper's annualized ROE % for the quarter that ended in Mar. 2026 was 1.59%.

The historical rank and industry rank for Andhra Paper's ROE % or its related term are showing as below:

NSE:ANDHRAPAP' s ROE % Range Over the Past 10 Years
Min: -0.47   Med: 14.73   Max: 39.04
Current: 0.96

During the past 13 years, Andhra Paper's highest ROE % was 39.04%. The lowest was -0.47%. And the median was 14.73%.

NSE:ANDHRAPAP's ROE % is ranked worse than
56.79% of 280 companies
in the Forest Products industry
Industry Median: 2.07 vs NSE:ANDHRAPAP: 0.96

Andhra Paper  (NSE:ANDHRAPAP) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=308.988/19393.51
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(308.988 / 21081.908)*(21081.908 / 25380.949)*(25380.949 / 19393.51)
=Net Margin %*Asset Turnover*Equity Multiplier
=1.47 %*0.8306*1.3087
=ROA %*Equity Multiplier
=1.22 %*1.3087
=1.59 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=308.988/19393.51
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (308.988 / 470.492) * (470.492 / -79.8) * (-79.8 / 21081.908) * (21081.908 / 25380.949) * (25380.949 / 19393.51)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.6567 * -5.8959 * -0.38 % * 0.8306 * 1.3087
=1.59 %

Note: The net income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


Andhra Paper ROE % Related Terms


Andhra Paper ROE % Historical Data

* Premium members only.

The historical data trend for Andhra Paper's ROE % 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.

Andhra Paper ROE % Chart

Andhra Paper Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.51 39.04 19.55 4.64 0.96

Andhra Paper Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROE % 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 1.62 4.39 -4.21 2.05 1.59

Andhra Paper ROE % Competitor Comparison

For the Paper & Paper Products subindustry, Andhra Paper's ROE %, along with its competitors' market caps and ROE % 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 ROE % vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, Andhra Paper's ROE % distribution charts can be found below:

* The bar in red indicates where Andhra Paper's ROE % falls into.


NSE:ANDHRAPAP
74GF Score
Andhra Paper Ltd NSE:ANDHRAPAP
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Andhra Paper ROE % Calculation

Andhra Paper's annualized ROE % for the fiscal year that ended in Mar. 2026 is calculated as

ROE %=Net Income (A: Mar. 2026 )/( (Total Stockholders Equity (A: Mar. 2025 )+Total Stockholders Equity (A: Mar. 2026 ))/ count )
=186.167/( (19408.336+19393.51)/ 2 )
=186.167/19400.923
=0.96 %

Andhra Paper's annualized ROE % for the quarter that ended in Mar. 2026 is calculated as

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Dec. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=308.988/( (0+19393.51)/ 1 )
=308.988/19393.51
=1.59 %

* 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.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Mar. 2026) net income data. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 1.59% mean?
Andhra Paper (NSE:ANDHRAPAP) has a ROE % of 1.59% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Andhra Paper and its competitors. This is 89% below median its historical median of 14.73. According to the industry distribution chart, Andhra Paper ranks #159 out of 280 companies in the Forest Products industry, placing it in the top 56.8%.
Is Andhra Paper's ROE % too high?
Andhra Paper's current ROE % of 1.59% is 89% below median its 10-year median of 14.73. The Forest Products industry median ROE % is 2.07. Andhra Paper's value of 1.59% is 23.2% below this industry median. Based on the distribution chart, Andhra Paper ranks #159 out of 280 companies in the Forest Products industry, which is below the industry midpoint. Overall, Andhra Paper has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Andhra Paper's ROE % compare to competitors?
According to the Forest Products industry distribution chart, Andhra Paper ranks #159 out of 280 companies for ROE %. This places Andhra Paper in the lower half of its industry. The industry median ROE % is 2.07. Andhra Paper's value of 1.59% is 23.2% below this benchmark. While the company's 10-year median is 14.73 vs. the industry median of 2.07, 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 ROE % for a Forest Products company?
The median ROE % among Forest Products companies is 2.07, based on 280 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Andhra Paper's current ROE % of 1.59% is 23.2% 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Andhra Paper and its competitors. For the Forest Products industry, the median ROE % is 2.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Andhra Paper's current ROE % is 1.59%, which is 89% below median its own 10-year median of 14.73. 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 ₹86.67, compared to a current price of ₹63.61 — trading 26.6% below its estimated fair value. The current ROE % is 1.59%, which is 89% below median its 10-year median of 14.73 and 23.2% below the Forest Products industry median of 2.07. Andhra Paper's overall GF Score™ is 74/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For Andhra Paper (NSE:ANDHRAPAP), the current ROE % is 1.59% 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 ₹63.61 is trading 26.6% below its estimated GF Value™ of ₹86.67. GuruFocus considers Andhra Paper to be Modestly Undervalued.

Key valuation signals for NSE:ANDHRAPAP:

  • ROE %: 1.59% (89% below median its 10-year median of 14.73)
  • GF Value™: ₹86.67 vs. price of ₹63.61 (26.6% below fair value)
  • GF Score™: 74/100 with 5 warning signs
  • Industry Position: 23.2% below the Forest Products median (#159 of 280)

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 Business Description

Other Exchanges 502330:India
Address No. 31, Chowringee Road, Park Street, 1st Floor, Kolkata, WB, IND, 700016
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.
74GF Score

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

₹63.61
Price
₹86.67
GF Value