CEPB Century Paper & Board Mills Limited

Century Paper & Board Mills Limited (CEPB) financial ratios

Century Paper & Board Mills Limited earned a net margin of -0.2% in FY2026 against a five-year average of 1.5% (Paper, Board & Packaging median 3.6%). Return on equity was -0.4%, compared with a sector median of 5.5%. The current ratio stood at 1.40× and debt was 94.1% of equity. Cash took about 155 days to cycle through receivables, inventory and payables.

FY2026 vs the Paper, Board & Packaging median

Gross margin: 6.6%; Sector median 14.1%
Operating margin: 3.4%; Sector median 9.6%
Net margin: -0.2%; Sector median 3.6%
Return on equity (ROE): -0.4%; Sector median 5.5%
Return on assets (ROA): -0.2%; Sector median 2.5%
Current ratio: 1.40×; Sector median 1.50×
Debt to equity: 94.1%; Sector median 43.0%
Asset turnover: 1.23×; Sector median 0.87×

Median of the 12 companies in the sector with the figure for their latest fiscal year.

CEPB financial ratios (annual) (Rs mn)
Rs mn	FY2026 Jul 2025 – Jun 2026	FY2025 Jul 2024 – Jun 2025	FY2024 Jul 2023 – Jun 2024	FY2023 Jul 2022 – Jun 2023	FY2022 Jul 2021 – Jun 2022	FY2021 Jul 2020 – Jun 2021	FY2020 Jul 2019 – Jun 2020	FY2019 Jul 2018 – Jun 2019	FY2018 Jul 2017 – Jun 2018	FY2017 Jul 2016 – Jun 2017	FY2016 Jul 2015 – Jun 2016	FY2015 Jul 2014 – Jun 2015	FY2014 Jul 2013 – Jun 2014	FY2013 Jul 2012 – Jun 2013	FY2012 Jul 2011 – Jun 2012	FY2011 Jul 2010 – Jun 2011	FY2010 Jul 2009 – Jun 2010	FY2009 Jul 2008 – Jun 2009	FY2008 * Jul 2007 – Jun 2008	FY2007 * Jul 2006 – Jun 2007
Profitability
Gross margin	6.6%	7.1%	9.7%	9.3%	12.8%	19.9%	16.2%	12.0%	13.2%	11.6%	9.5%	6.7%	13.6%	17.7%	16.2%	16.9%	14.7%	(1.3%)	7.3%	8.0%
EBITDA margin	5.8%	7.2%	9.6%	9.5%	12.8%	19.9%	17.4%	13.4%	15.2%	14.5%	12.5%	10.3%	16.6%	21.1%	19.6%	20.9%	20.4%	6.6%	9.7%	12.5%
Operating margin	3.4%	4.0%	7.0%	7.2%	10.1%	16.0%	12.9%	9.0%	10.0%	8.6%	5.9%	3.5%	10.4%	14.7%	13.6%	14.5%	12.6%	(3.2%)	3.1%	5.6%
Pre-tax margin	0.3%	(1.1%)	2.3%	2.4%	8.4%	14.8%	8.9%	5.6%	7.5%	5.9%	3.3%	(1.3%)	6.2%	9.9%	6.1%	6.2%	0.7%	(22.3%)	0.8%	3.2%
Net margin	(0.2%)	(0.9%)	1.2%	1.9%	5.7%	10.3%	6.3%	4.0%	5.2%	3.9%	2.4%	(1.6%)	4.3%	6.5%	4.0%	3.4%	0.4%	(14.7%)	0.4%	2.2%
Effective tax rate	143.6%	—	45.6%	21.3%	32.1%	30.3%	29.4%	28.6%	30.7%	33.4%	26.1%	—	31.1%	34.0%	34.8%	44.9%	40.1%	—	54.5%	32.8%
Returns
Return on equity (ROE)	(0.4%)	(2.5%)	3.9%	7.1%	19.6%	33.1%	22.1%	15.1%	17.8%	11.0%	5.4%	(5.9%)	10.0%	16.7%	4.9%	0.7%	(11.2%)	(43.8%)	0.6%	2.9%
Return on assets (ROA)	(0.2%)	(1.2%)	1.8%	3.1%	8.8%	14.8%	8.2%	4.9%	6.1%	4.0%	2.2%	(1.5%)	4.8%	6.9%	3.7%	2.9%	0.3%	(7.8%)	0.1%	1.2%
Return on invested capital (ROIC)	(2.3%)	—	6.5%	10.8%	14.0%	21.6%	15.3%	10.0%	9.9%	6.9%	4.6%	—	9.1%	11.5%	8.6%	7.3%	5.8%	—	1.0%	2.3%
Liquidity
Current ratio	1.40×	1.40×	1.62×	1.70×	1.33×	1.60×	1.27×	1.20×	1.14×	0.98×	1.07×	1.21×	1.41×	1.59×	1.09×	1.06×	0.99×	1.02×	1.01×	1.22×
Quick ratio	0.60×	0.64×	0.64×	0.63×	0.43×	0.57×	0.52×	0.55×	0.52×	0.41×	0.44×	0.42×	0.40×	0.55×	0.40×	0.25×	0.33×	0.37×	0.26×	0.56×
Leverage
Debt to equity	94.1%	82.2%	70.2%	79.9%	81.9%	53.2%	86.0%	136.2%	113.2%	120.9%	116.4%	121.8%	99.8%	100.3%	110.7%	138.1%	162.5%	555.4%	315.9%	200.2%
Debt to capital	48.5%	45.1%	41.2%	44.4%	45.0%	34.7%	46.2%	57.7%	53.1%	54.7%	53.8%	54.9%	50.0%	50.1%	52.5%	58.0%	61.9%	84.7%	76.0%	66.7%
Debt to assets	37.9%	36.9%	32.5%	34.7%	34.8%	25.6%	35.1%	45.7%	42.2%	44.8%	45.5%	47.7%	43.5%	44.0%	47.8%	52.0%	56.5%	75.7%	69.1%	60.3%
Assets to equity	2.36×	2.19×	2.23×	2.33×	2.23×	2.23×	2.69×	2.83×	2.69×	2.63×	2.56×	2.42×	2.29×	2.30×	2.48×	2.76×	4.11×	5.65×	3.95×	2.46×
Efficiency
Asset turnover	1.23×	1.25×	1.41×	1.62×	1.55×	1.43×	1.31×	1.24×	1.16×	1.01×	0.92×	0.97×	1.11×	1.06×	0.94×	0.84×	0.70×	0.53×	0.38×	0.55×
Receivable days days	71	62	51	41	40	45	54	55	49	45	44	39	34	35	31	31	33	33	40	27
Inventory days days	117	112	108	99	104	103	94	85	84	83	90	97	92	84	103	115	101	97	115	67
Payable days days	33	27	24	22	37	55	48	34	16	6	5	7	12	17	20	24	26	25	33	26
Cash conversion cycle days	155	148	134	118	106	92	99	106	117	122	129	129	114	102	114	122	107	104	122	69
Dividends
Dividend payout ratio	—	—	0.0%	197.3%	12.0%	7.5%	9.7%	12.5%	36.0%	0.0%	0.0%	—	0.0%	0.0%	0.0%	0.0%	—	—	0.0%	0.0%
Earnings retention rate	—	—	1.00×	(0.97×)	0.88×	0.93×	0.90×	0.88×	0.64×	1.00×	1.00×	—	1.00×	1.00×	1.00×	1.00×	—	—	1.00×	1.00×

Ratios as reported for each fiscal year; returns are on average equity / assets. Debt ratios are percentages; turnover in times; working-capital measures in days.

CEPB: frequently asked questions

What is CEPB's EPS?

Century Paper & Board Mills Limited reported basic earnings per share of Rs -0.15 for FY2026 (Jul 2025 – Jun 2026).

Does CEPB pay dividends?

Century Paper & Board Mills Limited did not declare a cash dividend for FY2026.

What was CEPB's revenue and profit in FY2026?

Century Paper & Board Mills Limited reported revenue of Rs 38.7 bn and profit attributable to shareholders of -Rs 58.3 mn for FY2026 (Jul 2025 – Jun 2026).

What is CEPB's book value per share?

Century Paper & Board Mills Limited's book value per share was Rs 33.29 at the end of FY2026. The shares trade at 0.77× book value.

Information only, not investment advice.