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Astron Paper & Board Mill ASTRON.NS · INR

Materials · NSE · 🇮🇳 India

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2.57

-2.28%

Close of 9 Nov 2026, in INR

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About Astron Paper & Board Mill

Its shares trade on NSE under the ticker ASTRON.NS. It has been listed since 29 December 2017. In the fiscal year to 31 March 2026, it reported revenue of ₹27.9m and a net loss of ₹211.8m. At that date it held total assets of ₹2.03bn and shareholders' equity of ₹681.0m.

Astron Paper & Board Mill Ltd. manufactures corrugated paper and paper board. The company is headquartered in Ahmedabad, Gujarat. The company went IPO on 2017-12-29. The firm and its subsidiaries are engaged in the manufacturing of kraft paper from waste paper. The company is also involved in manufacturing recycled corrugated paper in India. The firm offers a range of products that include high ring crush test (HRCT), kraft liner to corrugated medium paper, mainly from approximately 80 grams per square meter (GSM) to 350 GSM and 16-40 burst factor (BF). The firm has three manufacturing units with four paper machines at three different locations in Gujarat, India with an industrial capacity of approximately 175 thousand tons annually. Its packaging paper is used by the packaging industry for manufacturing corrugated boxes and liners, corrugated sacks and composite containers. The firm's wholly owned subsidiary is Balaram Papers Private Limited.

Figures and description from our data supplier, not checked against the company's own report.

Company facts

Sector
Materials
Industry
Paper & Forest Products
Listed since
29 Dec 2017
Employees
292

Leadership

Pay as last reported

  • Mr. Kirit PatelExecutive Chairman of the Board, Managing Director, since 2016₹3.8m
  • Mr. Swapnil MadiyarChief Financial Officer
  • Mr. Karshanbhai PatelExecutive Director, since 2010
  • Mr. Ramakant PatelWhole Time Director, since 2010₹1.2m
  • Mr. Sudhir MaheshwariNon-Executive Independent Director₹100,000

Environmental, social and governance

Scores out of 100, from our data supplier

ESG
Overall
0
Environment
0
Social
0
Governance
0

SWOT analysis

AI-generated by our data supplier. Not written or checked by our editors.

AI-generated

Strengths

  • Manufactures corrugated paper and paper board with three manufacturing units in Gujarat.
  • Produces kraft paper from waste paper and recycled corrugated paper in India.
  • Offers products ranging from 80 GSM to 350 GSM with 16-40 burst factor.

Weaknesses

  • IPO date is 2017-12-29, indicating a relatively recent market entry.
  • Employees count is 292, which may limit operational scale.
  • No mention of international presence or global market reach.

Opportunities

  • Growing demand for recycled paper products in India.
  • Expansion potential in the packaging industry for corrugated boxes and liners.
  • Utilization of waste paper for kraft paper manufacturing could attract eco-conscious clients.

Threats

  • Dependence on domestic market in India for sales and operations.
  • Competition from other paper manufacturing companies in the sector.
  • Potential regulatory changes affecting waste paper sourcing or manufacturing processes.

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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