Tamil Nadu Newsprint and Papers vs Orient Paper and Industries: Share Price, PE, ROE Compared
- August 12, 2026
- Posted by: Neeraj Pandey
- Category: News
TNPL MCap Rs 1,060 Cr, PE 4.28x (very cheap!), ROE 10.70%, Div 2.61%. Orient Paper MCap Rs 372 Cr, LOSS-MAKING (EPS -3.35, ROE -1.96%).
Tamil Nadu Newsprint and Papers (TNPL) vs Orient Paper and Industries is a comparison paper sector investors look up when evaluating two listed Indian paper companies at different financial stages. TNPL, a Chennai-based company (Tamil Nadu government enterprise), manufactures newsprint and writing/printing paper from bagasse (sugarcane residue) – one of India’s most efficient and sustainable paper mills. Orient Paper and Industries, a Bhopal-based company (CK Birla Group), manufactures writing and printing paper, tissue paper and has diversified into electrical equipment. The TNPL versus Orient Paper comparison shows a profitable, extremely affordable paper company versus a loss-making one.
This Tamil Nadu Newsprint and Papers vs Orient Paper and Industries article covers reach and market position, key products, latest declared results and stock valuation. All data is sourced from Groww and public company filings.
Reach and Market Position
In this Tamil Nadu Newsprint and Papers vs Orient Paper and Industries comparison, TNPL manufactures newsprint and writing/printing paper at its Kagithapuram mill in Tamil Nadu, selling to newspapers, publishers and stationery companies across India. Market capitalisation is Rs 1,060 Cr.
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Orient Paper and Industries manufactures writing/printing paper and tissue paper at its Amlai mill in Madhya Pradesh, also making electrical equipment. Market capitalisation is Rs 372 Cr.
Key Products and Business Mix
For the Tamil Nadu Newsprint and Papers vs Orient Paper and Industries product breakdown, Tamil Nadu Newsprint and Papers: TNPL earns from newsprint, writing/printing paper and value-added paper sales. EPS is Rs 35.80. PE is 4.28x (remarkably cheap!), ROE 10.70 percent, D/E 0.70, Div 2.61 percent.
Orient Paper and Industries: Orient Paper earns from paper and electrical equipment. EPS is -Rs 3.35 (LOSS-MAKING!). ROE is -1.96 percent. Orient Paper is currently loss-making.
Latest Results and Financial Data
On the Tamil Nadu Newsprint and Papers vs Orient Paper and Industries results front: TNPL has a market cap of Rs 1,060 Cr and PE of 4.28x. ROE is 10.70 percent. TNPL is 2.9 times larger than Orient Paper and is profitable with an excellent dividend. TNPL’s PE of 4.28x is remarkably affordable.
Orient Paper has a market cap of Rs 372 Cr and is LOSS-MAKING with EPS -3.35 and ROE -1.96 percent.
Stock Performance and Valuation
Investors tracking the Tamil Nadu Newsprint and Papers vs Orient Paper and Industries comparison should verify current prices on NSE or BSE before trading. The Tamil Nadu Newsprint and Papers vs Orient Paper and Industries stock data below reflects the latest available figures from Groww and public company filings.
TNPL versus Orient Paper: TNPL (PE 4.28x, ROE 10.70%, Div 2.61%) vs Orient Paper (LOSS-MAKING). Comparing TNPL and Orient Paper, TNPL has a dramatically more sound financial profile at an extremely cheap valuation.
Tamil Nadu Newsprint and Papers vs Orient Paper and Industries: Quick Comparison Table
The comparison table below summarises the key metrics side by side.
| Parameter | Tamil Nadu Newsprint and Papers | Orient Paper and Industries |
|---|---|---|
| Sector | Newsprint + writing/printing paper (bagasse-based, Tamil Nadu state PSU) | Writing/printing + tissue paper + electrical equipment (CK Birla Group, MP) |
| Market Cap | Rs 1,060 Cr | Rs 372 Cr |
| P/E Ratio | 4.28x (remarkably cheap!) | N/A (loss-making) |
| ROE | 10.70% | −1.96% (losses) |
| Profitability | Profitable | LOSS-MAKING (EPS -3.35) |
| Sustainable Input | Bagasse (sugarcane residue – renewable) | Wood pulp + recycled fibre |
| Dividend Yield | 2.61% (good) | None |
Conclusion
The Tamil Nadu Newsprint and Papers vs Orient Paper and Industries comparison above covers reach, products, results and valuation. Tamil Nadu Newsprint and Papers versus Orient Paper shows the contrast between a profitable, affordable paper PSU and a loss-making paper company. TNPL’s PE of 4.28x is among the cheapest in this B28 batch for a profitable company. Orient Paper needs a financial recovery. The TNPL and Orient Paper comparison is heavily skewed toward TNPL on financial quality. Consult a SEBI-registered advisor for personalised guidance.
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Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
Frequently Asked Questions
What does TNPL make?
Ans. Tamil Nadu Newsprint and Papers (TNPL) makes newsprint for newspapers and writing/printing paper for notebooks, books and stationery. TNPL uses bagasse – a sustainable sugarcane residue – as a key raw material.
What does Orient Paper make?
Ans. Orient Paper and Industries makes writing and printing paper and tissue paper from its Amlai mill in Madhya Pradesh, and also manufactures electrical equipment (fans, switches) under its diversified operations.
Why is TNPL PE so low?
Ans. TNPL’s PE of 4.28x is very low – likely reflecting the cyclical nature of the paper industry, competition from imported paper and the company’s PSU (government-owned) status which can attract lower PE multiples.
Is Orient Paper profitable?
Ans. No. Orient Paper and Industries is currently loss-making with EPS of -3.35 and ROE of -1.96 percent.
Which is larger, TNPL or Orient Paper?
Ans. TNPL at Rs 1,060 Cr is approximately 2.9 times larger than Orient Paper at Rs 372 Cr.
What is bagasse?
Ans. Bagasse is the dry fibrous residue remaining after sugarcane stalks are crushed to extract juice. TNPL uses bagasse as a sustainable cellulose fibre source for papermaking, reducing dependence on wood pulp.
Does TNPL pay dividends?
Ans. Yes. TNPL pays a dividend yield of approximately 2.61 percent – one of the highest dividend yields among Indian paper companies.