About Star Paper Mills Ltd.
Data last updated: 15 July 2026
Star Paper Mills Ltd. is a public limited company based in Kolkata, West Bengal, India. It specialises in paper and packaging products, a part of the broader manufacturing sector. Incorporated on 31 August 1936, the company has been in operation for over 90 years.
Registered with ROC Kolkata under CIN U21011WB1936PLC008726. Listed on BSE: 516022 and NSE: STARPAPER.
Capital: an authorised share capital of ₹40 Cr and a paid-up capital of ₹15.61 Cr. It is led by directors including Madhukar Mishra and Shrivardhan Goenka.
Last AGM: 25 September 2025. Financial statements filed for year ended 31 March 2025. Office: Duncan House 2Nd Floor 31 Netaji Subhas Road, Kolkata, West Bengal, India – 700001.
As per NSE-filed standalone financials for FY 2026, the company reported a revenue of ₹409.94 Cr, a decline of 6.05% compared to the previous year. The net worth stands at ₹708.3 Cr (up 4.02% YoY). Total assets are valued at ₹837.71 Cr (up 1.85% YoY).
The company has a workforce of approximately 333 employees as per the latest available data.
The company is associated with 1 brand - Star Paper Mills. As per MCA filings, the company has satisfied charges of ₹215.41 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website starpapers.com.
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Registered AddressDuncan House 2Nd Floor 31 Netaji Subhas Road, Kolkata, West Bengal, India – 700001
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IndustryManufacturing, Paper & Packaging Products
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
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CIN History of Star Paper Mills Ltd.
Star Paper Mills Ltd. has one previous CIN (Corporate Identification Number): U21011WB1936PLC008726. The current CIN is L21011WB1936PLC008726, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L21011WB1936PLC008726 | Current |
| U21011WB1936PLC008726 | Previous |
Associated Brands with Star Paper Mills Ltd.
Star Paper Mills Ltd. operates one associated brand: Star Paper Mills. These brands represent Star Paper Mills Ltd.'s diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Star Paper Mills Limited is engaged in manufacturing high-quality paper products. | starpapers.com |
Business Activity of Star Paper Mills Ltd.
Star Paper Mills Ltd. is engaged in the principal business activity of manufacturing, with detailed activities including wood and wood products, furniture, paper and paper products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C3 | Wood and wood products, furniture, paper and paper products | Locked |
Business activity turnover details for Star Paper Mills Ltd.
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Star Paper Mills Ltd.
Star Paper Mills Ltd. is audited by LODHA & CO., LLP CHARTERED ACCOUNTANTS, KOLKATA (ICAI peer reviewed, certificate valid till 2027-03-31) for the financial year 2026, as reported in its NSE exchange filings. The statutory auditor is responsible for expressing an independent opinion on whether the financial statements present a true and fair view in accordance with applicable accounting standards.
| Name | Financial year | Audit opinion |
|---|---|---|
| LODHA & CO., LLP CHARTERED ACCOUNTANTS, KOLKATA (ICAI peer reviewed, certificate valid till 2027-03-31) | FY 2026 | Declaration of unmodified opinion |
Board of Directors of Star Paper Mills Ltd.
Star Paper Mills Ltd. is currently managed by 6 directors, with 17 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Madhukar Mishra | Managing Director | 29 Jun 2001 | 25 Years 0 Months | Current |
|
Shrivardhan Goenka
Also directs:
Odyssey Travels Ltd.
|
Director | 09 Sep 2002 | 23 Years 10 Months | Current |
|
Pragya Jhunjhunwala
Also directs:
Amritam Horizon Llp, Mega Flex Plastics Limited, Masa Times Private Limited and 3 more
|
Director | 25 Jun 2021 | 5 Years 0 Months | Current |
| Atul Mani Sharma | Director | 28 Sep 2024 | 1 Years 9 Months | Current |
| Anoop Mishra | Director | 28 Sep 2024 | 1 Years 9 Months | Current |
|
Rishabh Chand Lodha
Also directs:
Nitin Spinners Limited, Swadeshi Polytex Ltd
|
Director | 24 May 2024 | 2 Years 1 Months | Current |
Financials of Star Paper Mills Ltd. FY 2026 filings available
Star Paper Mills Ltd. reported revenue of ₹409.94 Cr (down 6.05% YoY) for FY 2026.
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹409.94 Cr | ₹436.34 Cr | ₹444.47 Cr | ₹492.69 Cr | ₹330.54 Cr | ₹233.37 Cr | ₹340.99 Cr |
| Other Income | ₹23.64 Cr | ₹23.94 Cr | ₹31.91 Cr | ₹21.71 Cr | ₹18.03 Cr | ₹9.49 Cr | ₹6.86 Cr |
| Total Income | ₹433.58 Cr | ₹460.27 Cr | ₹476.39 Cr | ₹514.4 Cr | ₹348.57 Cr | ₹242.86 Cr | ₹347.86 Cr |
| Cost of Materials Consumed | ₹202 Cr | ₹202.01 Cr | ₹221.15 Cr | ₹219.46 Cr | ₹146.76 Cr | ₹88.23 Cr | ₹139.16 Cr |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | ₹14.07 Cr | ₹17.78 Cr | -₹29.42 Cr | -₹24.71 Cr | -₹1.24 Cr | ₹6.71 Cr | -₹9.57 Cr |
| Employee Benefit Expense | ₹31.51 Cr | ₹30.73 Cr | ₹30.17 Cr | ₹26.89 Cr | ₹24.67 Cr | ₹22.5 Cr | ₹27.87 Cr |
| Finance Costs | ₹93.08 Lakh | ₹96.41 Lakh | ₹83.76 Lakh | ₹55.94 Lakh | ₹47.35 Lakh | ₹57.97 Lakh | ₹64.78 Lakh |
| Depreciation & Amortisation | ₹6.97 Cr | ₹6.39 Cr | ₹5.44 Cr | ₹5.28 Cr | ₹5.36 Cr | ₹5.23 Cr | ₹5.16 Cr |
| Other Expenses | ₹143.87 Cr | ₹148.96 Cr | ₹165.51 Cr | ₹191.32 Cr | ₹128.34 Cr | ₹94.73 Cr | ₹135.44 Cr |
| Total Expenses | ₹399.35 Cr | ₹406.83 Cr | ₹393.68 Cr | ₹418.8 Cr | ₹304.37 Cr | ₹217.98 Cr | ₹298.71 Cr |
| Profit Before Exceptional Items & Tax | ₹34.23 Cr | ₹53.44 Cr | ₹82.7 Cr | ₹95.6 Cr | ₹44.2 Cr | ₹24.88 Cr | ₹49.15 Cr |
| Exceptional Items | ₹0 | ₹0 | -₹1.8 Cr | -₹12.26 Cr | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹34.23 Cr | ₹53.44 Cr | ₹80.9 Cr | ₹83.34 Cr | ₹44.2 Cr | ₹24.88 Cr | ₹49.15 Cr |
| Total Tax Expense | ₹1.47 Cr | ₹12.3 Cr | ₹16.9 Cr | ₹17.67 Cr | ₹7.55 Cr | ₹7.37 Cr | ₹11.88 Cr |
| Net Profit | ₹32.75 Cr | ₹41.14 Cr | ₹64 Cr | ₹65.67 Cr | ₹36.65 Cr | ₹17.52 Cr | ₹37.27 Cr |
| attributable to Owners | - | - | - | - | - | - | ₹0 |
| attributable to NCI | - | - | - | - | - | - | ₹0 |
| Other Comprehensive Income | ₹10.45 Lakh | -₹1.27 Cr | -₹3.34 Cr | -₹60.91 Lakh | ₹18.23 Lakh | -₹2.16 Lakh | ₹77.91 Lakh |
| Total Comprehensive Income | ₹32.86 Cr | ₹39.87 Cr | ₹60.66 Cr | ₹65.06 Cr | ₹36.83 Cr | ₹17.49 Cr | ₹38.05 Cr |
| EBITDA (computed) | ₹42.13 Cr | ₹60.8 Cr | ₹88.98 Cr | ₹101.44 Cr | ₹50.03 Cr | ₹30.7 Cr | ₹54.96 Cr |
| Basic EPS | ₹20.98 | ₹26.36 | ₹41.01 | ₹42.08 | ₹23.48 | ₹11.22 | ₹23.88 |
| Diluted EPS | ₹20.98 | ₹26.36 | ₹41.01 | ₹42.08 | ₹23.48 | ₹11.22 | ₹23.88 |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Total Assets | ₹837.71 Cr | ₹822.5 Cr | ₹789.55 Cr | ₹728.39 Cr |
| Non-current Assets | ₹457.76 Cr | ₹454.05 Cr | ₹458.83 Cr | ₹442.36 Cr |
| Current Assets | ₹379.95 Cr | ₹368.45 Cr | ₹330.73 Cr | ₹286.04 Cr |
| Property, Plant & Equipment | ₹420.05 Cr | ₹423.68 Cr | ₹425.4 Cr | ₹413.59 Cr |
| Inventories | ₹116.97 Cr | ₹135.38 Cr | ₹115.17 Cr | ₹95.58 Cr |
| Trade Receivables | ₹6.76 Cr | ₹5.84 Cr | ₹3.9 Cr | ₹2.55 Cr |
| Cash & Equivalents | ₹9.34 Cr | ₹22.65 Cr | ₹10.86 Cr | ₹3.47 Cr |
| Equity (Net Worth) | ₹708.3 Cr | ₹680.9 Cr | ₹647.28 Cr | ₹594.42 Cr |
| Equity Share Capital | ₹15.61 Cr | ₹15.61 Cr | ₹15.61 Cr | ₹15.61 Cr |
| Borrowings (Non-current) | ₹0 | ₹0 | ₹0 | ₹0 |
| Borrowings (Current) | ₹0 | ₹0 | ₹0 | ₹0 |
| Total Debt (computed) | ₹0 | ₹0 | ₹0 | ₹0 |
| Current Liabilities | ₹48.07 Cr | ₹53.33 Cr | ₹53.45 Cr | ₹54.5 Cr |
| Total Liabilities | ₹129.41 Cr | ₹141.6 Cr | ₹142.28 Cr | ₹133.97 Cr |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Operating Cash Flow | ₹29.09 Cr | ₹14.84 Cr | ₹25.84 Cr | ₹46.77 Cr | ₹18.67 Cr |
| Investing Cash Flow | -₹35.64 Cr | ₹4.48 Cr | -₹9.48 Cr | -₹41.12 Cr | -₹13.46 Cr |
| Financing Cash Flow | -₹6.77 Cr | -₹7.54 Cr | -₹8.96 Cr | -₹6.5 Cr | -₹4.89 Cr |
| Capital Expenditure | ₹8.67 Cr | ₹3.78 Cr | ₹11.19 Cr | ₹4.75 Cr | ₹2.32 Cr |
| Free Cash Flow (computed) | ₹20.42 Cr | ₹11.06 Cr | ₹14.64 Cr | ₹42.02 Cr | ₹16.35 Cr |
| Dividends Paid | ₹5.44 Cr | ₹6.24 Cr | ₹7.75 Cr | ₹5.41 Cr | ₹3.9 Cr |
| Net Change in Cash | -₹13.31 Cr | ₹11.78 Cr | ₹7.4 Cr | -₹86.07 Lakh | ₹32.34 Lakh |
| Metrics | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q4 FY25 | Q3 FY25 | Q2 FY25 | Q1 FY25 | Q4 FY24 | Q3 FY24 | Q2 FY24 | Q1 FY24 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹112.59 Cr | ₹91.82 Cr | ₹104.37 Cr | ₹101.16 Cr | ₹114.09 Cr | ₹97.48 Cr | ₹110.91 Cr | ₹113.85 Cr | ₹100.43 Cr | ₹114.81 Cr | ₹105.66 Cr | ₹123.57 Cr |
| Other Income | -₹5.57 Cr | ₹11.8 Cr | ₹5.54 Cr | ₹11.87 Cr | ₹1.14 Cr | ₹4.5 Cr | ₹10.06 Cr | ₹8.24 Cr | ₹10.6 Cr | ₹8.83 Cr | ₹8.49 Cr | ₹3.99 Cr |
| Total Income | ₹107.02 Cr | ₹103.62 Cr | ₹109.92 Cr | ₹113.02 Cr | ₹115.23 Cr | ₹101.99 Cr | ₹120.97 Cr | ₹122.09 Cr | ₹111.03 Cr | ₹123.64 Cr | ₹114.15 Cr | ₹127.56 Cr |
| Cost of Materials Consumed | ₹45.5 Cr | ₹54.83 Cr | ₹51.14 Cr | ₹50.53 Cr | ₹40.49 Cr | ₹55.82 Cr | ₹51.93 Cr | ₹53.76 Cr | ₹55.5 Cr | ₹60.06 Cr | ₹52.33 Cr | ₹53.26 Cr |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | ₹18.47 Cr | -₹5.42 Cr | ₹45.98 Lakh | ₹56.63 Lakh | ₹18.88 Cr | -₹10.15 Cr | ₹4.38 Cr | ₹4.67 Cr | -₹12.45 Cr | -₹6.91 Cr | -₹7.42 Cr | -₹2.64 Cr |
| Employee Benefit Expense | ₹7.88 Cr | ₹7.98 Cr | ₹8.24 Cr | ₹7.4 Cr | ₹7.44 Cr | ₹8.06 Cr | ₹7.76 Cr | ₹7.48 Cr | ₹9.38 Cr | ₹7.18 Cr | ₹6.93 Cr | ₹6.61 Cr |
| Finance Costs | ₹21.4 Lakh | ₹23.42 Lakh | ₹25.25 Lakh | ₹23.01 Lakh | ₹24.12 Lakh | ₹25.76 Lakh | ₹23.47 Lakh | ₹23.06 Lakh | ₹34.18 Lakh | ₹19.31 Lakh | ₹19.47 Lakh | ₹11.16 Lakh |
| Depreciation & Amortisation | ₹2.15 Cr | ₹1.62 Cr | ₹1.61 Cr | ₹1.59 Cr | ₹2.25 Cr | ₹1.38 Cr | ₹1.39 Cr | ₹1.37 Cr | ₹1.37 Cr | ₹1.38 Cr | ₹1.38 Cr | ₹1.32 Cr |
| Other Expenses | ₹36.29 Cr | ₹33.82 Cr | ₹37.39 Cr | ₹36.38 Cr | ₹37.08 Cr | ₹35.97 Cr | ₹37.8 Cr | ₹38.11 Cr | ₹42.55 Cr | ₹40.68 Cr | ₹38.55 Cr | ₹43.79 Cr |
| Total Expenses | ₹110.51 Cr | ₹93.05 Cr | ₹99.1 Cr | ₹96.7 Cr | ₹106.37 Cr | ₹91.34 Cr | ₹103.5 Cr | ₹105.63 Cr | ₹96.69 Cr | ₹102.59 Cr | ₹91.96 Cr | ₹102.45 Cr |
| Profit Before Exceptional Items & Tax | -₹3.49 Cr | ₹10.57 Cr | ₹10.82 Cr | ₹16.32 Cr | ₹8.85 Cr | ₹10.65 Cr | ₹17.48 Cr | ₹16.47 Cr | ₹14.34 Cr | ₹21.05 Cr | ₹22.19 Cr | ₹25.11 Cr |
| Exceptional Items | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | -₹4.65 Lakh | -₹1.75 Cr | ₹0 | ₹0 |
| Profit Before Tax | -₹3.49 Cr | ₹10.57 Cr | ₹10.82 Cr | ₹16.32 Cr | ₹8.85 Cr | ₹10.65 Cr | ₹17.48 Cr | ₹16.47 Cr | ₹14.3 Cr | ₹19.3 Cr | ₹22.19 Cr | ₹25.11 Cr |
| Total Tax Expense | -₹2.19 Cr | ₹2.36 Cr | -₹2.2 Cr | ₹3.51 Cr | ₹3.84 Cr | ₹2.94 Cr | ₹2.96 Cr | ₹2.56 Cr | -₹1.56 Lakh | ₹4.54 Cr | ₹7 Cr | ₹5.38 Cr |
| Net Profit | -₹1.29 Cr | ₹8.22 Cr | ₹13.02 Cr | ₹12.81 Cr | ₹5.01 Cr | ₹7.71 Cr | ₹14.52 Cr | ₹13.91 Cr | ₹14.31 Cr | ₹14.76 Cr | ₹15.19 Cr | ₹19.74 Cr |
| Other Comprehensive Income | -₹24.91 Lakh | ₹11.79 Lakh | ₹11.79 Lakh | ₹11.79 Lakh | -₹37.11 Lakh | -₹6.82 Lakh | -₹76.65 Lakh | -₹6.83 Lakh | -₹2.56 Cr | ₹4.98 Lakh | ₹4.96 Lakh | -₹87.77 Lakh |
| Total Comprehensive Income | -₹1.54 Cr | ₹8.33 Cr | ₹13.14 Cr | ₹12.93 Cr | ₹4.64 Cr | ₹7.64 Cr | ₹13.75 Cr | ₹13.84 Cr | ₹11.75 Cr | ₹14.81 Cr | ₹15.24 Cr | ₹18.86 Cr |
| EBITDA (computed) | -₹1.12 Cr | ₹12.42 Cr | ₹12.68 Cr | ₹18.14 Cr | ₹11.35 Cr | ₹12.29 Cr | ₹19.1 Cr | ₹18.06 Cr | ₹16.05 Cr | ₹22.62 Cr | ₹23.77 Cr | ₹26.54 Cr |
| Basic EPS | ₹-0.83 | ₹5.26 | ₹8.34 | ₹8.21 | ₹3.21 | ₹4.94 | ₹9.30 | ₹8.91 | ₹9.17 | ₹9.46 | ₹9.73 | ₹12.64 |
| Diluted EPS | ₹-0.83 | ₹5.26 | ₹8.34 | ₹8.21 | ₹3.21 | ₹4.94 | ₹9.30 | ₹8.91 | ₹9.17 | ₹9.46 | ₹9.73 | ₹12.64 |
Board & Governance of Star Paper Mills Ltd.
As per the corporate governance filing with NSE for the quarter ended 31-MAR-2026, the board of Star Paper Mills Ltd. has 6 directors - 3 independent and 1 executive.
| Director | Position | On board since | Listed boards |
|---|---|---|---|
| SHRIVARDHAN GOENKA | Non-Executive - Non Independent Director | 2002-09-09 | 1 |
| MADHUKAR MISHRA | Executive Director · MD | 2001-06-29 | 1 |
| PRAGYA JHUNJHUNWALA | Non-Executive - Non Independent Director | 2021-06-25 | 2 |
| RISHABH CHAND LODHA | Non-Executive - Independent Director | 2024-05-24 | 3 |
| ATULMANI SHARMA | Non-Executive - Independent Director | 2024-09-28 | 1 |
| ANOOP MISHRA | Non-Executive - Independent Director | 2024-09-28 | 2 |
| Committee | Members |
|---|---|
| Audit Committee | SHRIVARDHAN GOENKA, RISHABH CHAND LODHA (Chairperson), ANOOP MISHRA, ATULMANI SHARMA |
| Nomination and remuneration committee | ANOOP MISHRA (Chairperson), ATULMANI SHARMA, SHRIVARDHAN GOENKA |
| Stakeholders Relationship Committee | PRAGYA JHUNJHUNWALA (Chairperson), MADHUKAR MISHRA, ANOOP MISHRA |
| Corporate Social Responsibility Committee | SHRIVARDHAN GOENKA (Chairperson), MADHUKAR MISHRA, ATULMANI SHARMA |
Charges & Borrowings of Star Paper Mills Ltd.
| Date | Lender | Amount | Status |
|---|---|---|---|
| 17 Jul 2009 | Bank of Baroda | ₹29 Cr | Satisfied |
| 15 Sep 2005 | Punjab National Bank | ₹50 Cr | Satisfied |
| 06 Feb 2004 | Bank of Baroda | ₹25 Cr | Satisfied |
| 30 Jul 1998 | Industrial Development Bank of India | ₹15 Cr | Satisfied |
| 13 May 1997 | The Industrial Finance Corporation of India Ltd. | ₹6 Cr | Satisfied |
Total charge records: 10 View all charges
Employees and EPFO Compliance at Star Paper Mills Ltd.
View historical data on people associated with Star Paper Mills Ltd., including employment history and EPFO contributions.
Employee and EPFO history for Star Paper Mills Ltd.
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
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GST Compliance of Star Paper Mills Ltd.
GST registrations and filing compliance for Star Paper Mills Ltd.
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Credit Ratings, Litigation & Regulatory Alerts for Star Paper Mills Ltd.
Credit ratings, litigation, and regulatory alerts for Star Paper Mills Ltd.
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MSME Payment Delays by Star Paper Mills Ltd.
MSME payment history for Star Paper Mills Ltd.
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Subsidiaries & Group Companies of Star Paper Mills Ltd.
Corporate group structure for Star Paper Mills Ltd.
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MCA Filings & Documents of Star Paper Mills Ltd.
MCA filings and documents for Star Paper Mills Ltd.
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Recent Activity on Star Paper Mills Ltd.
Frequently Asked Questions about Star Paper Mills Ltd.
Star Paper Mills Ltd. is an active public limited company in the manufacturing sector based in Kolkata, West Bengal, India. It was incorporated on 31 August 1936 (90+ years old) and is registered under CIN L21011WB1936PLC008726. Listed on BSE: 516022 and NSE: STARPAPER. The company has 333 employees.
Star Paper Mills Ltd. reported revenue of ₹409.94 Cr for FY 2026 (down 6.05% YoY) based on standalone NSE filings.
The current directors of Star Paper Mills Ltd. are:
- Madhukar Mishra - Managing Director
- Shrivardhan Goenka - Director
- Pragya Jhunjhunwala - Director
- Atul Mani Sharma - Director
- Anoop Mishra - Director
- Rishabh Chand Lodha - Director
The primary industry of Star Paper Mills Ltd. is manufacturing. The company specifically operates in paper and packaging products. The company is currently active in this sector.
Yes. Star Paper Mills Ltd. is listed on both BSE (code: 516022) and NSE (symbol: STARPAPER).
Star Paper Mills Ltd. can be reached at the registered office: Duncan House 2Nd Floor 31 Netaji Subhas Road, Kolkata, West Bengal, India – 700001, or through the website starpapers.com.