Andhra Paper Ltd. (ANDHRAPAP) AI Stock Analysis

2 Followers

Andhra Paper Ltd.

(NSE:ANDHRAPAP)

Select Model

Rating:55.3Neutral

Price Target:INR 65.00▲(2.96% Upside)

Action:reiterated

Date:09/08/26

The overall score reflects a company with weakening earnings quality and highly inconsistent cash generation as the primary concern, despite a still-strong balance sheet. Valuation is demanding given the recent drop in operating profitability and negative free cash flow, limiting upside at current levels. Recent price strength is notable, but momentum indicators are stretched, suggesting the risk of a pullback rather than a clean technical entry.

Positive Factors

Integrated manufacturing modelIntegrated pulp and paper operations give Andhra Paper control across key production stages and support a broad offering for publishing, printing, office, and institutional customers. This business structure can strengthen operating coordination and customer reach over the next several quarters.

Negative Factors

Severe profitability deteriorationThe shift to negative operating profit and sharply lower net income shows that recent revenue growth is not translating into earnings. Persistently weak profitability would reduce internal funding capacity, weaken returns, and make recovery dependent on improved operating conditions.

Andhra Paper Ltd. (ANDHRAPAP) vs. iShares MSCI India ETF (INDA)

Market Cap: INR 12.47B
Dividend Yield: 0.79%
Average Volume (3M): 93.14K
Price to Earnings (P/E): 23.9
Beta (1Y): 0.57
Revenue Growth: 14.01%
EPS Growth: 153.87%
Country: India
Employees: 1,874
Sector: General
Sector Strength: 55
Industry: Paper, Lumber & Forest Products

Andhra Paper Ltd. Business Overview & Revenue Model

Company Description

Andhra Paper Limited manufactures and sells paper, paperboard, and pulp in India and internationally. The company offers writing and printing, copier, and specialty paper products; and office documentation and multipurpose papers for use in home and...

Andhra Paper Ltd. Financial Statement Overview

Summary

Financial performance is mixed: revenue is growing, but operating margins and EBIT turned negative in 2026 and free cash flow is deeply negative, partly offset by a still-solid equity base and manageable leverage.

Income Statement

54Neutral

Balance Sheet

73Positive

Cash Flow

41Neutral

Financial statement breakdown
Breakdown	TTM	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022
Income Statement
Total Revenue	17.66B	17.01B	15.41B	18.01B	20.98B	13.67B
Gross Profit	3.01B	1.82B	4.84B	6.94B	10.31B	5.29B
EBITDA	1.74B	1.51B	1.35B	5.26B	7.69B	2.65B
Net Income	521.59M	186.17M	889.11M	3.40B	5.22B	1.40B
Balance Sheet
Total Assets	26.33B	25.38B	26.05B	24.51B	20.05B	14.98B
Cash, Cash Equivalents and Short-Term Investments	6.30B	5.21B	7.52B	8.78B	7.53B	2.95B
Total Debt	2.87B	2.32B	2.83B	1.14B	548.80M	585.87M
Total Liabilities	6.71B	5.99B	6.64B	5.58B	4.23B	4.04B
Stockholders Equity	19.63B	19.39B	19.41B	18.93B	15.82B	10.94B
Cash Flow
Free Cash Flow	0	-1.84B	-3.20B	-123.11M	4.21B	1.63B
Operating Cash Flow	0	1.15B	-553.95M	3.19B	5.36B	2.02B
Investing Cash Flow	0	-280.12M	-611.62M	-3.34B	-4.99B	-1.81B
Financing Cash Flow	0	-760.15M	1.09B	50.28M	-413.34M	-117.38M

Andhra Paper Ltd. Technical Analysis

Technical Analysis SentimentNegative

Last Price63.13

Price Trends

50DMA68.09Negative

100DMA64.62Negative

200DMA64.29Negative

Market Momentum

MACD-1.54Positive

RSI43.21Neutral

STOCH24.51Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:ANDHRAPAP, the sentiment is Negative. The current price of 63.13 is below the 20-day moving average (MA) of 64.61, below the 50-day MA of 68.09, and below the 200-day MA of 64.29, indicating a bearish trend. The MACD of -1.54 indicates Positive momentum. The RSI at 43.21 is Neutral, neither overbought nor oversold. The STOCH value of 24.51 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:ANDHRAPAP.

Andhra Paper Ltd. Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

IN:ANDHRAPAP against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
IN:PDMJEPAPER	82Outperform	INR 8.46B	8.69	―	0.68%	5.99%	5.77%
IN:JKPAPER	65Neutral	INR 68.16B	19.29	―	1.07%	12.02%	10.74%
IN:TNPL	60Neutral	INR 10.13B	3.71	―	2.87%	2.88%	―
IN:WSTCSTPAPR	58Neutral	INR 47.49B	14.21	―	1.15%	8.20%	-8.74%
IN:ANDHRAPAP	55Neutral	INR 12.51B	23.93	―	0.79%	14.01%	153.87%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
IN:SESHAPAPER	53Neutral	INR 13.89B	10.95	―	0.93%	18.52%	45.83%

* General Sector Average

Performance Comparison

IN:ANDHRAPAP and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
IN:ANDHRAPAP	Andhra Paper Ltd.	63.13	-6.79	-9.71%
IN:JKPAPER	JK Paper Limited	375.05	0.57	0.15%
IN:PDMJEPAPER	Pudumjee Paper Products Ltd.	88.54	-15.81	-15.15%
IN:SESHAPAPER	Seshasayee Paper & Boards Ltd.	216.05	-33.76	-13.51%
IN:TNPL	Tamil Nadu Newsprint & Papers Ltd.	139.20	-5.68	-3.92%
IN:WSTCSTPAPR	West Coast Paper Mills Limited	696.65	271.79	63.97%

Andhra Paper Ltd. Corporate Events

Andhra Paper Faces ₹21 Crore Environmental Levy from AP Pollution Board

Sep 8, 2026

Andhra Paper Limited has disclosed that the Andhra Pradesh Pollution Control Board has levied an environmental compensation of ₹21.02 crore on the company, citing alleged breaches of consent conditions and directions issued by the regulator. The orde...

Glossary

BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.

Date of analysis: Sep 08, 2026

Andhra Paper Ltd. AI Stock Analysis