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Raama Paper Mills Limited (RAMAPPR-B) Fair Value & Analysis

Basic Materials · IN · Market cap ₹123M

RP Raama Paper Mills Limited RAMAPPR-B · BSE
Price₹12.75
Fair Value₹29.37
Upside+130.4%
Quality39/100
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Strengths

Trades 57% below our fair value of ₹29.37
Negative equity (buybacks among others) · generates free cash flow

Risks

!Weak Growth (revenue 5y −44.2 %/yr)
!Thin margins · 0.0% net margin
!Mixed vs. peers (4/9)
!Narrow moat 23/100
Weak Growth (revenue 5y −44.2 %/yr)
Thin margins · 0.0% net margin
Negative equity (buybacks among others) · generates free cash flow
Mixed vs. peers (4/9)
Narrow moat 23/100
Evidence: Low Range ₹26.54 – ₹31.94 Share as image

Fair value as of: Aug 26, 2026

From 5 valuation models · updated today

Fair value updated Aug 26, 2026, revised from ₹27.53 to ₹29.37 (+6.7%) since Aug 21, 2026. Share price +3.7% over the past month.

Below-average quality, trading 57% below our fair value.

What runs behind every stock

69 individual criteria per stock, every one traceable See the method →

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What matters now

  • The large discount to fair value meets weak quality (39/100). That raises the risk this is a value trap rather than a bargain.
  • The price is below even our cautious bear case (₹26.54). The market is more pessimistic than our downside scenario.
  • The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution.
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Price vs Fair Value (5 years)

₹37.75 ₹7.01 Fair Value ₹29.37 Oct 2020 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 26, 2026.

How to read this chart

60‑month range ₹7.01 – ₹37.75 · fair‑value band ₹26.54 – ₹31.94 · the ₹12.75 price screens below the ₹29.37 fair value. Dashed = 300-day average. As of Aug 26, 2026.

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Analysis

Raama Paper Mills Limited (RAMAPPR-B) currently trades at ₹12.75, while our model-based Fair Value estimate is ₹29.37, implying the stock looks roughly 130.4% undervalued today. The Quality Score stands at 39/100 (below-average quality), in the Basic Materials sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: low), always confirm before acting.

Trailing-twelve-month revenue stands at ₹12.8M. Net debt stands at ₹510M. Fundamentals as of Aug 26, 2026

Our scenario range runs from ₹26.54 (bear case) to ₹31.94 (bull case); at ₹12.75, the current price sits below that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 26% below its 52-week high and 55% above its 52-week low, currently above its 200-day average. For context, the median of 10 Basic Materials peers we cover trades at 10% fair-value upside, at 130%, RAMAPPR-B screens cheaper than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model Bear Bear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull Bull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence
Highest evidence
Growth DCF ₹37.51 ₹46.45 ₹59.75 80
EV/Revenue ₹7.15 ₹10.24 ₹13.34 43
5Y Revenue Exit ₹20.83 ₹24.52 ₹29.77 39
All 5 models by family
DCF Models
FCF DCF ₹36.58 ₹46.10 ₹61.42 38
5Y Revenue Exit ₹20.83 ₹24.52 ₹29.77 39
10Y Revenue Exit ₹28.06 ₹31.20 ₹34.06 36
Multiples
EV/Revenue ₹7.15 ₹10.24 ₹13.34 43
Growth DCF
Growth DCF ₹37.51 ₹46.45 ₹59.75 80

Widest divergence: Growth DCF (₹46.45) versus Multiples (₹10.24). Highest evidence: Growth DCF (80).

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Key figures & financial health

P/S ratio 9.79 TTM
Return on assets -6.3% TTM
Operating margin -488% TTM
EPS (TTM) ₹-12.53
Revenue (TTM) ₹12.6M TTM
Revenue growth (YoY) -93.9% 3y avg -56.3%
More key figures
Balance sheet & cash flow
Free cash flow ₹49.1M FY2025
Net debt ₹510M FY2025 · ≈ 10.4 yrs of FCF

Figures from reported company fundamentals · as of Aug 26, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 39/100

Of which business quality 38 · Market factors (momentum, volatility) 42

Profitability 0
Margins and returns on capital today
Quality Growth 14
Are margins and returns improving?
Cashflow 88
Earnings quality: real cash, not paper profit
Fin. Strength 1
Balance sheet, leverage, solvency risk
Investment 67
Disciplined investing over empire-building
Low Volatility 55
Calm price path (market factor)
Momentum 33
Price trend over the last 3–12 months (market factor)
52W Momentum 43
Distance to the 52-week high (market factor)
Net Issuance 82
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

All values are scores from 0 to 100 (100 = best against fixed, research-based bands), not percentages. The three market factors (momentum, 52-week proximity, low volatility) are displayed but carry zero weight in the headline number: market sentiment is not a business property.

About the company

Raama Paper Mills Limited engages in the manufacture and sale of newsprint, duplex board, and tissue papers in India. It provides writing and printing papers, as well as poster, cream wove, colored, kraft, absorbent, one time carbon base, and electrical grade insulating papers. The company was formerly known as Rama Paper Mills Limited.

Full company description

Raama Paper Mills Limited engages in the manufacture and sale of newsprint, duplex board, and tissue papers in India. It provides writing and printing papers, as well as poster, cream wove, colored, kraft, absorbent, one time carbon base, and electrical grade insulating papers. The company was formerly known as Rama Paper Mills Limited. The company was incorporated in 1985 and is based in New Delhi, India.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Raama Paper Mills Limited reported revenue of ₹66.5M in FY2025 versus ₹916M in FY2021, a compound −48.1%/yr. Reported net income was −₹164M in FY2025.

Growth Quality 17/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
₹66.5M
Latest YoY
−88.3%
Avg. revenue growth/yr (3Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
−56.3%
Avg. revenue growth/yr (5Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
−44.2%
Avg. revenue growth/yr (6Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
−41.3%
Value creation/yr We only publish this rate when it is defensible. Reason: fiscal 2025 is a loss year, no rate is defined from a loss
not computed
Revenue −48.1%/yr
FY21 ₹916M
FY22 ₹795M
FY23 ₹770M
FY24 ₹567M
FY25 ₹66.5M
Net income
FY21 −₹33.0M
FY22 ₹26.3M
FY23 −₹55.2M
FY24 −₹195M
FY25 −₹164M

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Cite: Fair Value Calculator (2026). "Raama Paper Mills Limited Fair Value". https://www.fairvalue-calculator.com/stock/RAMAPPR-B

Peer Group

Paper & Paper Products · 115 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 39 · Bottom 25%
Fair Value upside +130% · Top 25%
Return on assets -6% · Bottom 25%
Net margin (TTM) 0% · Below median
Revenue growth -94% · Bottom 25%

Valuation Multiples vs Paper & Paper Products median · lower = cheaper

P/S (TTM) 0.10× · Cheaper than 75% of peers
P/FCF 0.0× · Cheaper than 75% of peers

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE100 · sector 25
FUTURE0 · sector 7
PAST0 · sector 12
HEALTH100 · sector 91
DIVIDEND0 · sector 48

PAST 0: with negative equity (buybacks among others) return on equity is not meaningfully computable.

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

Similar stocks

10 more Paper & Paper Products stocks, each showing price versus our Fair Value estimate (as of Aug 26, 2026).

Stock Price Fair Value vs Fair Value
UPM-Kymmene Oyj UPM €23.67 €14.21 -40%
Suzano S.A SUZ $8.50 $23.89 +181%
Svenska Cellulosa Aktiebolaget SCA (publ) SCAA kr 111.50 kr 45.12 -60%
Shandong Sunpaper Co 002078 ¥13.94 ¥17.29 +24%
Holmen AB HOLMB kr 314.00 kr 217.72 -31%
Nine Dragons Paper (Holdings) Limited 2689 HK$7.92 HK$8.74 +10%
Empresas CMPC S.A CMPC 1,000 CLP 1,253 CLP +25%
The Navigator Company NVG €3.24 €2.65 -18%
Xianhe Co 603733 ¥21.11 ¥21.06 -0%
Semapa - Sociedade de Investimento e Gestão, SGPS, S.A SEM €22.40 €24.73 +10%

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Frequently asked questions

Is Raama Paper Mills Limited (RAMAPPR-B) overvalued or undervalued?
As of Aug 26, 2026, our model estimates a fair value of ₹29.37 versus a price of ₹12.75, about +130% (undervalued).
What is the fair value of RAMAPPR-B?
Our model-based fair value for Raama Paper Mills Limited is ₹29.37 (as of Aug 26, 2026), built from audited fundamentals. The current price: ₹12.75.
What is the quality score of RAMAPPR-B?
Raama Paper Mills Limited has a Quality Score of 39/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the revenue of Raama Paper Mills Limited (RAMAPPR-B)?
Raama Paper Mills Limited reported trailing-twelve-month revenue of about ₹12.8M (latest available figure, as of Aug 26, 2026).
What is the net profit margin of RAMAPPR-B?
The net profit margin of Raama Paper Mills Limited is about 0.0%, meaning it keeps roughly 0.0% of revenue as net income. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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