Star Paper Mills (NSE:STARPAPER) ROE %: -0.73% (As of Mar. 2026)


NSE:STARPAPER Star Paper Mills Ltd NSE:STARPAPER
77 GF Score
Price ₹138.10
GF Value ₹170.64
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Star Paper Mills ROE %?

Star Paper Mills NSE:STARPAPER +0.15% 77 ROE % is -0.73% as of Mar. 2026. GuruFocus rates NSE:STARPAPER with a GF Score™ of 77/100 and a GF Value™ of ₹170.64 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 280 Forest Products companies, Star Paper Mills ranks better than 63.93% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Star Paper Mills's annualized net income for the quarter that ended in Mar. 2026 was ₹-52 Mil. Star Paper Mills's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ₹7,083 Mil. Therefore, Star Paper Mills's annualized ROE % for the quarter that ended in Mar. 2026 was -0.73%.

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

NSE:STARPAPER' s ROE % Range Over the Past 10 Years
Min: 3.54   Med: 9.11   Max: 18.73
Current: 4.7

During the past 13 years, Star Paper Mills's highest ROE % was 18.73%. The lowest was 3.54%. And the median was 9.11%.

NSE:STARPAPER's ROE % is ranked better than
63.93% of 280 companies
in the Forest Products industry
Industry Median: 2.07 vs NSE:STARPAPER: 4.70

Star Paper Mills  (NSE:STARPAPER) 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
=-51.66/7082.989
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-51.66 / 4503.404)*(4503.404 / 8377.075)*(8377.075 / 7082.989)
=Net Margin %*Asset Turnover*Equity Multiplier
=-1.15 %*0.5376*1.1827
=ROA %*Equity Multiplier
=-0.62 %*1.1827
=-0.73 %

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
=-51.66/7082.989
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-51.66 / -139.412) * (-139.412 / 91.748) * (91.748 / 4503.404) * (4503.404 / 8377.075) * (8377.075 / 7082.989)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.3706 * -1.5195 * 2.04 % * 0.5376 * 1.1827
=-0.73 %

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.


Star Paper Mills ROE % Related Terms


Star Paper Mills ROE % Historical Data

* Premium members only.

The historical data trend for Star Paper Mills'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.

Star Paper Mills ROE % Chart

Star Paper Mills 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 7.07 11.63 10.31 6.20 4.72

Star Paper Mills 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 2.94 7.52 7.42 4.69 -0.73

Star Paper Mills ROE % Competitor Comparison

For the Paper & Paper Products subindustry, Star Paper Mills'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.


Star Paper Mills ROE % vs Forest Products Industry

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

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


NSE:STARPAPER
77GF Score
Star Paper Mills Ltd NSE:STARPAPER
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Star Paper Mills ROE % Calculation

Star Paper Mills'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 )
=327.534/( (6809.039+7082.989)/ 2 )
=327.534/6946.014
=4.72 %

Star Paper Mills'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 )
=-51.66/( (0+7082.989)/ 1 )
=-51.66/7082.989
=-0.73 %

* 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 -0.73% mean?
Star Paper Mills (NSE:STARPAPER) has a ROE % of -0.73% 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 Star Paper Mills and its competitors. Over the past decade, Star Paper Mills' ROE % has ranged from 3.54 to 18.73. According to the industry distribution chart, Star Paper Mills ranks #101 out of 280 companies in the Forest Products industry, placing it in the top 36.1%.
Is Star Paper Mills' ROE % too high?
Star Paper Mills' current ROE % is -0.73%. Over the past 10 years, this metric has ranged from a low of 3.54 to a high of 18.73. Based on the distribution chart, Star Paper Mills ranks #101 out of 280 companies in the Forest Products industry, which is above the industry midpoint. Overall, Star Paper Mills has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Star Paper Mills' ROE % compare to competitors?
According to the Forest Products industry distribution chart, Star Paper Mills ranks #101 out of 280 companies for ROE %. This puts Star Paper Mills in the upper half of its industry. The industry median ROE % is 2.07. Historically, Star Paper Mills' own ROE % has ranged from 3.54 to 18.73 over the past decade. 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. 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 Star Paper Mills 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. Star Paper Mills's current ROE % is -0.73%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Star Paper Mills stock overvalued right now?
Based on GuruFocus' analysis, Star Paper Mills (NSE:STARPAPER) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹170.64, compared to a current price of ₹138.10 — trading 19.1% below its estimated fair value. The current ROE % is -0.73%. Star Paper Mills' overall GF Score™ is 77/100 with 6 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 Star Paper Mills (NSE:STARPAPER), the current ROE % is -0.73% 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 Star Paper Mills (NSE:STARPAPER) Overvalued in 2026?

Based on GuruFocus' analysis, Star Paper Mills stock appears to be undervalued. The current stock price of ₹138.10 is trading 19.1% below its estimated GF Value™ of ₹170.64. GuruFocus considers Star Paper Mills to be Modestly Undervalued.

Key valuation signals for NSE:STARPAPER:

  • ROE %: -0.73%
  • GF Value™: ₹170.64 vs. price of ₹138.10 (19.1% below fair value)
  • GF Score™: 77/100 with 6 warning signs

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


Star Paper Mills Business Description

Other Exchanges 516022:India
Address 31 Netaji Subhash Road, Duncan House, 2nd Floor, Kolkata, WB, IND, 700 001
Star Paper Mills Ltd is engaged in the manufacture and supply of Paper, paperboard, and other related products as its core business. It produces a wide range of Industrial Packaging and cultural paper catering to various segments of the consumer. It sells within Indian markets and Outside India.
77GF Score

Get the complete analysis for NSE:STARPAPER

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

₹138.10
Price
₹170.64
GF Value