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List of the Best Paper Stocks in India (2025)

India’s paper industry has expanded steadily over the past decade, driven by rising demand from the packaging, e-commerce, and education sectors. As of FY 2024-25, India produces around 23.8 mn tonnes of paper annually, ranking 15th globally in output, with more than 850 operational mills nationwide.

Best Paper Products Stocks in India (2025)

Paper Products Stock Screener

Paper Products Stock Screener: Analyse & Filter Indian Stocks on Tickertape

Showing 1 - 20 of 59 results

last updated at 6:30 AM IST 
NameStocks (59)Sub-SectorSub-SectorMarket CapMarket CapClose PriceClose PricePE RatioPE Ratio1D Return1D Return1M Return1M Return6M Return6M Return1Y Return1Y ReturnPB RatioPB RatioReturn on EquityReturn on EquityROCEROCEDividend YieldDiv YieldDebt to EquityDebt to EquityVolatility vs NiftyVolatility vs Nifty
1.JK Paper LtdJKPAPERPaper ProductsPaper Products6,286.526,286.52371.10371.1015.3415.34-0.04-0.04-4.38-4.380.030.03-19.78-19.781.111.117.507.508.808.801.351.350.330.333.003.00
2.West Coast Paper Mills LtdWSTCSTPAPRPaper ProductsPaper Products2,762.502,762.50418.25418.258.888.880.480.48-8.63-8.63-13.72-13.72-30.66-30.660.680.687.907.9010.4410.441.201.200.110.112.922.92
3.Seshasayee Paper and Boards LtdSESHAPAPERPaper ProductsPaper Products1,500.391,500.39237.90237.9013.7413.74-0.97-0.97-8.55-8.55-16.72-16.72-26.81-26.810.750.755.605.606.536.531.051.050.040.042.562.56
4.Andhra Paper LtdANDHRAPAPPaper ProductsPaper Products1,332.101,332.1066.9966.9914.9814.98-0.13-0.13-14.13-14.13-12.93-12.93-32.96-32.960.690.694.644.646.246.241.491.490.150.152.642.64
5.Tamilnadu Newsprint & Papers LtdTNPLPaper ProductsPaper Products972.20972.20140.47140.47260.64260.640.360.36-9.38-9.38-14.78-14.78-19.70-19.700.470.470.180.186.526.522.142.140.770.773.123.12
6.Pudumjee Paper Products LtdPDMJEPAPERPaper ProductsPaper Products936.21936.2198.6098.609.789.78-1.16-1.16-14.44-14.44-8.17-8.17-45.79-45.791.611.6117.8117.8119.6219.620.610.610.020.023.683.68
7.Kuantum Papers LtdKUANTUMPaper ProductsPaper Products812.08812.0893.0693.067.057.05-1.38-1.38-10.14-10.14-18.36-18.36-32.58-32.580.670.679.869.8610.9510.953.223.220.540.542.892.89
8.N R Agarwal Industries LtdNRAILPaper ProductsPaper Products794.45794.45466.80466.8044.9944.99-2.63-2.636.026.0285.0285.0224.9524.951.031.032.302.305.555.550.860.860.830.834.404.40
9.Satia Industries LtdSATIAPaper ProductsPaper Products706.30706.3070.6370.635.955.954.514.51-12.01-12.01-10.36-10.36-32.70-32.700.670.6711.9811.9810.6110.610.570.570.230.232.522.52
10.Banganga Paper Industries LtdBANGANGAPaper ProductsPaper Products613.79613.7950.6650.66324.76324.76-3.47-3.4734.1934.19-38.14-38.14-30.52-30.5239.3239.3223.7923.7915.8915.89--0.640.643.163.16
11.Emami Paper Mills LtdEMAMIPAPPaper ProductsPaper Products540.62540.6289.3689.3620.7920.79-0.03-0.03-9.01-9.01-8.64-8.64-19.26-19.260.680.683.313.318.118.111.791.790.820.823.383.38
12.Orient Paper and Industries LtdORIENTPPRPaper ProductsPaper Products498.00498.0023.4723.47-9.11-9.111.471.47-9.65-9.65-18.45-18.45-44.85-44.850.320.32-3.47-3.47-2.91-2.91--0.260.263.273.27
13.Pakka LimitedPAKKAPaper ProductsPaper Products497.53497.53110.69110.6913.2613.26-1.13-1.13-20.73-20.73-33.78-33.78-65.29-65.291.101.1010.7210.729.939.93--0.460.463.943.94
14.Shree Rama Newsprint LtdRAMANEWSPaper ProductsPaper Products442.42442.4229.9929.99-4.16-4.16-0.33-0.332.382.38-25.91-25.9157.8457.841.321.32-27.32-27.32-16.48-16.48--0.030.034.254.25
15.Genus Paper & Boards LtdGENUSPAPERPaper ProductsPaper Products366.40366.4014.2514.25125.05125.052.442.44-14.82-14.82-28.14-28.14-38.20-38.200.710.710.580.585.115.11--0.780.783.053.05
16.Ruchira Papers LtdRUCHIRAPaper ProductsPaper Products360.29360.29120.72120.725.355.35-0.31-0.31-8.47-8.47-14.90-14.90-14.22-14.220.770.7715.2915.2917.6317.634.144.140.180.182.682.68
17.Nikita Greentech Recycling LtdNIKITAPaper ProductsPaper Products336.22336.22136.30136.3014.6114.614.974.976.076.0753.4953.4950.6950.693.233.2324.8524.8526.1126.11--2.142.144.364.36
18.Nutricircle LtdNUTRICIRCLEPaper ProductsPaper Products259.05259.05259.05259.052,158.752,158.754.984.9815.8515.8561.0061.0015.1315.1344.6644.6616.3316.331.821.82--0.140.144.374.37
19.Star Paper Mills LtdSTARPAPERPaper ProductsPaper Products254.21254.21163.92163.926.186.180.010.01-0.67-0.67-6.65-6.65-27.36-27.360.370.376.206.207.077.072.152.150.010.012.092.09
20.Shreyans Industries LtdSHREYANINDPaper ProductsPaper Products244.78244.78177.06177.064.844.84-1.78-1.78-17.58-17.58-20.47-20.47-26.34-26.340.570.5712.5012.5014.8114.812.822.820.110.112.932.93

Disclaimer: Please note that the above table is for informational purposes only, and is not recommendatory. Please do your own research or consult your financial advisor before investing. The data is derived from Tickertape Stock Screener and is subject to real-time updates.

Selection criteria: Sub-sector: Paper Products | Market Cap: Sorted from Highest to Lowest

How to Invest in Paper Stocks?

Investing in paper stocks using Tickertape is a straightforward process. Tickertape is a powerful stock analysis and screening tool that helps you make informed investment decisions. Here’s how you can use Tickertape to invest in paper stocks:

  1. Sign Up and Log In: You can create an account on the Tickertape or log in if you already have one.
  2. Search for Paper Stocks: Go to Tickertape Stock Screener and search for paper-related stocks.
  3. Use Filters: You can apply over 200 filters to get stocks sorted based on criteria like market cap, P/E ratio, or dividend yield. You can create your own custom filter if your preferred parameters are not available. This can help you narrow down the top paper-related stocks and paper share prices.
  4. Analyse Stock Data: Tickertape provides comprehensive data on each stock, including financials, performance metrics, future projections, red flags, and more. You can review this data to assess each company’s health and potential in-depth.
  5. Add to Watchlist: You may keep track of potential investments by adding them to your watchlist.
  6. Invest Through Your Broker: Once you’ve identified paper stocks that align with your investment thesis, you can place a buy order through your brokerage account linked to Tickertape.

You can stay updated with each of your favourite paper sector stocks’ alerts and announcements with Tickertape Alerts. Further, you can analyse your overall portfolio and potential red flags in it by connecting it to Tickertape. Check out detailed analysis of your portfolio now!

Overview of the Top Paper Stocks

JK Paper Ltd

JK Paper Ltd is a leading paper manufacturer in India. It produces copier paper, coated paper, packaging boards, and specialty paper. The company sells in India and abroad. Sustainability and innovation are priorities.

West Coast Paper Mills Ltd

West Coast Paper Mills is one of India's oldest and biggest paper makers. It produces premium printing, writing, and packaging papers. The company supplies many industries and uses eco-friendly methods.

Andhra Paper Ltd

Andhra Paper Ltd produces writing, printing, and specialty papers. The company operates sustainably. It sells to publishing, education, and packaging sectors.

Seshasayee Paper and Boards Ltd

Seshasayee Paper produces quality writing and printing paper, plus industrial paperboard. The company uses sustainable, energy-efficient processes. It serves many industries.

Pudumjee Paper Products Ltd

Pudumjee Paper produces tissue paper, packaging paper, and specialty papers. It serves hygiene, food, and pharmaceutical industries. The company values innovation and environmental care.

What are Paper Stocks?

Paper stocks are companies that make, distribute, or sell paper products. They work through the whole production chain - from getting raw materials to delivering finished goods. The industry has different parts. Writing and printing paper is one big part. Packaging paper and paperboard is another major part. Speciality papers fill specific market needs. Companies also make tissue paper, newsprint, and kraft paper for industrial and consumer use.

Overview of the Paper Industry in India

India is the 15th largest paper producer in the world. It makes about 5% of the global paper. India's paper market grows faster than any other country.


A survey from July-August 2025 found something interesting. The domestic market size is 238.38 lakh metric tonnes (roughly 23.8 million tonnes). Growth rate? 5.97% per year. By March 2027, paper consumption will hit 30 million tonnes.


Indians use about 16 kg of paper per person each year. The world average is 57 kg. Rich countries use over 200 kg per person. That's a huge difference. It means India has lots of room to grow as the economy gets bigger and more people learn to read and write.

Advantages of Investing in Paper Stocks in India

Stable Demand

Paper products remain essential in education, packaging, and printing. This guarantees consistent demand and steady revenue for paper sector stocks.

Export Opportunities

India's paper and paperboard exports reached approximately $3.04 billion. Small, mid and large-cap paper sector stocks can tap significant growth in international markets.

Sustainability Paper Stock Trends

The push for eco-friendly products drives up demand for paper-based packaging. Companies adopting sustainable practices benefit from this shift.

Industry Growth

The Indian paper industry stands at around ₹80,000 crore with production capacity exceeding 25 million tonnes annually. This shows strong growth prospects for paper recycling stocks.

Risks of Investing in Paper Stocks in India'

Raw Material Price Swings

Paper production depends on pulp, wood, and recycled fibre. Global pulp prices rise or imports get expensive, which pushes up production costs and eats into margins.

Environmental Compliance Costs

Pollution and sustainability rules keep getting tougher. Companies must upgrade equipment and switch to greener technologies. These changes cost money, hitting smaller mills harder.

Shifts in Demand

Writing and printing paper demand changes with education patterns and how fast people go digital. More users shift to digital platforms, which slows growth in some paper categories.

Import Competition

Indian manufacturers face cheaper imports from ASEAN countries. Global supply goes up or tariffs come down, domestic prices drop and hurt profitability.

High Energy and Transport Costs

Paper mills consume massive amounts of power and fuel. Energy or freight costs climb, production expenses shoot up and squeeze operating margins.

Capital-Heavy Operations

Building or upgrading a mill requires heavy investment and takes years to recover. Companies carrying high debt struggle more when demand slows or prices drop.

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Factors to Consider Before Investing in Paper Stocks

Sector Growth Trends

The Indian paper industry keeps growing steadily. Rising demand comes from the packaging, education, and hygiene segments. E-commerce and food delivery services push paper-based packaging demand higher, opening long-term opportunities for the sector.

Financial Health and Profit Margins

Paper manufacturing eats up capital, so companies with solid balance sheets and healthy profit margins handle business cycles better. How well they run operations and control input costs like pulp and energy affects their long-term survival.

Valuation and Market Size

Market capitalisation and valuation multiples show how investors view a company's potential. Larger players, including long-term paper stocks, offer more stability. Smaller ones might give you growth potential but come with higher volatility and bigger risk.

Debt Profile

Packaging paper stocks need major capital investment. Paper manufacturing stocks carrying low debt and generating strong cash flows can weather industry downturns better and handle input cost swings without destroying profitability.

Capital Efficiency Metrics

Metrics like Return on Capital Employed (ROCE) tell you how well a company uses its capital. In a competitive industry like paper, smart capital deployment signals strong long-term paper stock performance potential.

Position in Supply Chain and Expansion Potential

Sustainable paper stocks with strong distribution networks and backward integration—like in-house pulp production—hold a competitive edge. Expansion moves through capacity growth or geographic reach usually show ambition and confidence in market demand.

Conclusion

India's paper industry is changing in big ways. It's moving away from traditional writing and printing papers. Now, packaging, tissue, and specialty paper drive growth. Annual production is close to 24 million tonnes. Demand keeps rising from the e-commerce, FMCG, and retail sectors. The industry shows good growth potential. But challenges exist. Raw material costs fluctuate. India depends on imports. Environmental rules get stricter. These factors matter. You can explore listed paper stocks in India using the Tickertape Stock Screener. Compare companies by revenue growth, debt levels, and return ratios. This helps you analyze this evolving space better.

Frequently Asked Questions on Paper Stocks

  1. What are paper stocks?

    Paper stocks represent shares of companies involved in manufacturing, distributing, or selling paper and paper-based products across the production value chain, from raw material sourcing to finished product delivery.

  2. Which are the top paper companies in India by market capitalisation?

    Here are the top paper companies by market capitalisation
    1. JK Paper Ltd
    2. West Coast Paper Mills Ltd
    3. Seshasayee Paper and Boards Ltd
    4. Andhra Paper Ltd
    5. Tamilnadu Newsprint & Papers Ltd

    To gain a clear outlook on the top paper companies in India, you can conduct your analysis with Tickertape Stock Screener.



    Disclaimer: Please note that the above paper share list is for educational purposes only, and is not recommendatory. Please conduct your own research or consult with your financial advisor before investing.

  3. What products do these top paper companies manufacture?

    They produce a range of products such as writing and printing papers, packaging boards, and specialty papers, catering to diverse market needs.

  4. How has the Indian paper industry performed in recent years?

    The industry has experienced robust growth, with a Compound Annual Growth Rate (CAGR) exceeding 8% from 2022-23 to 2027-28.

  5. What factors are driving the growth of the paper industry in India?

    Key drivers include increased demand for packaging materials, growth in the education sector, and rising literacy rates.

  6. What are the future prospects for the Indian paper industry?

    The industry is expected to continue its paper industry growth trajectory, driven by sustainable practices and increasing demand for eco-friendly products.

  7. What are the risks associated with investing in the best-performing paper stocks?

    Risks include fluctuating raw material costs, environmental regulations, and demand shifts due to digitalisation and changing consumer preferences.

  8. How to invest in paper stocks?

    Here’s how you can invest in paper stocks -

    1. Go to the Tickertape Stock Screener
    2. Click on 'paper stocks'.
    3. Analyse and sort the Paper Stocks and paper share prices using over 200+ filters, including valuation ratios, financials, technical indicators, and more, based on your investment thesis.
    4. Review the filtered paper share list, and identify stocks that best align with your risk appetite, return expectations, and investment goals.
    5. Once you've shortlisted the stocks, click ‘Place Order’ to invest in your preferred Paper Stocks.

    Disclaimer: Please do your own research or consult your financial advisor before investing.