Top Paper & Forest Products companies in India by Debt to Equity Ratio

This ranking features the top 195 Paper & Forest Products companies in India ranked by Debt to Equity Ratio, averaging a Debt to Equity Ratio of 0.82, for January 15, 2025.

India

Paper & Forest Products

#	Name	Debt to Equity Ratio	Reported Date	Stock Price	Change	Country
1	Kesoram Industries Limited 1 KESORAMIND.NS	23.94	March 31, 2024	USD 2.34	-0.96%	India
2	Malu Paper Mills Limited 2 MALUPAPER.NS	19.33	March 31, 2024	USD 0.48	3.76%	India
3	Sampann Utpadan India Limited 3 SAMPANN.BO	18.81	March 31, 2024	USD 0.41	-0.36%	India
4	Aarvee Denims and Exports Ltd. 4 AARVEEDEN.NS	16.14	March 31, 2024	USD 1.53	-1.50%	India
5	McLeod Russel India Limited 5 MCLEODRUSS.NS	7.57	March 31, 2024	USD 0.47	-1.15%	India
6	Sakthi Sugars Limited 6 SAKHTISUG.NS	6.56	March 31, 2024	USD 0.32	6.96%	India
7	Shree Rama Newsprint Limited 7 RAMANEWS.NS	3.95	March 31, 2024	USD 0.20	0.86%	India
8	BSL Limited 8 BSL.NS	3.88	March 31, 2024	USD 2.75	0.78%	India
9	Indo Rama Synthetics (India) Limited 9 INDORAMA.NS	3.64	March 31, 2024	USD 0.48	0.61%	India
10	Lagnam Spintex Limited 10 LAGNAM.NS	3.47	March 31, 2024	USD 1.32	1.56%	India
11	Salona Cotspin Limited 11 SALONA.NS	3.22	March 31, 2024	USD 3.14	2.73%	India
12	Digjam Limited 12 DIGJAMLMTD.NS	3.21	March 31, 2024	USD 0.63	-0.40%	India
13	The Ugar Sugar Works Limited 13 UGARSUGAR.NS	2.41	March 31, 2024	USD 0.61	-1.05%	India
14	Damodar Industries Limited 14 DAMODARIND.NS	2.22	March 31, 2024	USD 0.46	2.30%	India
15	Kshitij Polyline Limited 15 KSHITIJPOL.NS	2.19	March 31, 2024	USD 0.05	5.98%	India
16	Loyal Textile Mills Limited 16 LOYALTEX.NS	1.94	March 31, 2024	USD 3.42	0.15%	India
17	Himatsingka Seide Limited 17 HIMATSEIDE.NS	1.86	March 31, 2024	USD 2.01	3.66%	India
18	T.T. Limited 18 TTL.NS	1.80	March 31, 2024	USD 1.56	-1.88%	India
19	Raj Rayon Industries Limited 19 RAJRILTD.NS	1.63	March 31, 2024	USD 0.24	-1.90%	India
20	B&B Triplewall Containers Limited 20 BBTCL.NS	1.58	March 31, 2024	USD 2.28	2.52%	India
21	United Polyfab Gujarat Limited 21 UNITEDPOLY.NS	1.58	March 31, 2024	USD 1.76	-1.15%	India
22	Grasim Industries Limited 22 GRASIM.NS	1.55	March 31, 2024	USD 26.70	1.13%	India
23	PCBL Limited 23 PCBL.NS	1.53	March 31, 2024	USD 4.20	3.38%	India
24	Signet Industries Limited 24 SIGIND.NS	1.53	March 31, 2024	USD 0.75	4.17%	India
25	Mangalam Global Enterprise Limited 25 MGEL.NS	1.45	March 31, 2024	USD 0.32	3.23%	India
26	Mawana Sugars Limited 26 MAWANASUG.NS	1.38	March 31, 2024	USD 1.08	3.00%	India
27	Vishwaraj Sugar Industries Limited 27 VISHWARAJ.NS	1.36	March 31, 2024	USD 0.16	9.65%	India
28	Bhartiya International Ltd. 28 BIL.NS	1.33	March 31, 2024	USD 8.62	-4.54%	India
29	Archidply Industries Limited 29 ARCHIDPLY.NS	1.33	March 31, 2024	USD 1.12	3.18%	India
30	Avadh Sugar & Energy Limited 30 AVADHSUGAR.NS	1.28	March 31, 2024	USD 5.27	2.35%	India
31	Jindal Worldwide Limited 31 JINDWORLD.NS	1.23	March 31, 2024	USD 4.59	-0.20%	India
32	UPL Limited 32 UPL.NS	1.20	March 31, 2024	USD 6.26	1.69%	India
33	DCM Nouvelle Limited 33 DCMNVL.NS	1.18	March 31, 2024	USD 2.25	4.68%	India
34	Manaksia Coated Metals & Industries Limited 34 MANAKCOAT.NS	1.17	March 31, 2024	USD 1.23	-1.37%	India
35	Nagreeka Exports Limited 35 NAGREEKEXP.NS	1.13	March 31, 2024	USD 0.41	2.00%	India
36	Airo Lam Limited 36 AIROLAM.NS	1.13	March 31, 2024	USD 1.41	0.59%	India
37	Jindal Poly Films Limited 37 JINDALPOLY.NS	1.12	March 31, 2024	USD 9.71	2.53%	India
38	Mangalore Chemicals & Fertilizers Limited 38 MANGCHEFER.NS	1.11	March 31, 2024	USD 1.88	3.92%	India
39	Sangam (India) Limited 39 SANGAMIND.NS	1.08	March 31, 2024	USD 4.42	2.41%	India
40	Dhampur Bio Organics Limited 40 DBOL.NS	1.04	March 31, 2024	USD 1.19	2.30%	India
41	Greenlam Industries Limited 41 GREENLAM.NS	1.03	March 31, 2024	USD 6.19	0.74%	India
42	Manorama Industries Limited 42 MANORAMA.NS	1.03	March 31, 2024	USD 11.66	0.53%	India
43	Orient Press Limited 43 ORIENTLTD.NS	0.99	March 31, 2024	USD 1.23	3.98%	India
44	K.M. Sugar Mills Limited 44 KMSUGAR.NS	0.96	March 31, 2024	USD 0.34	-0.46%	India
45	TCPL Packaging Limited 45 TCPLPACK.NS	0.96	March 31, 2024	USD 36.41	-1.46%	India
46	Emmbi Industries Limited 46 EMMBI.NS	0.92	March 31, 2024	USD 1.58	-0.16%	India
47	Davangere Sugar Company Limited 47 DAVANGERE.NS	0.91	March 31, 2024	USD 0.07	12.62%	India
48	Precot Limited 48 PRECOT.NS	0.89	March 31, 2024	USD 6.92	3.83%	India
49	Dhampur Sugar Mills Limited 49 DHAMPURSUG.NS	0.89	March 31, 2024	USD 1.67	6.12%	India
50	Sutlej Textiles and Industries Limited 50 SUTLEJTEX.NS	0.88	March 31, 2024	USD 0.66	4.23%	India

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Frequently Asked Questions

Which Paper & Forest Products company in India has the highest Debt to Equity Ratio ?

The Paper & Forest Products company in India with the highest Debt to Equity Ratio is Kesoram Industries Limited (NSE: KESORAMIND.NS) at 23.94.
Which Paper & Forest Products company in India has the lowest Debt to Equity Ratio ?

The Paper & Forest Products company in India with the lowest Debt to Equity Ratio is Flexituff Ventures International Limited (NSE: FLEXITUFF.NS) at -19.59.

What are the top 10 Paper & Forest Products companies in India by Debt to Equity Ratio ?

The top 10 Paper & Forest Products companies in India by Debt to Equity Ratio are Kesoram Industries Limited, Malu Paper Mills Limited, Sampann Utpadan India Limited, Aarvee Denims and Exports Ltd., McLeod Russel India Limited, Sakthi Sugars Limited, Shree Rama Newsprint Limited, BSL Limited, Indo Rama Synthetics (India) Limited and Lagnam Spintex Limited.
What are the bottom 10 Paper & Forest Products companies in India by Debt to Equity Ratio ?

The bottom 10 Paper & Forest Products companies in India by Debt to Equity Ratio are Flexituff Ventures International Limited, SVP Global Textiles Limited, Simbhaoli Sugars Limited, Shree Renuka Sugars Limited, Alok Industries Limited, Vardhman Polytex Limited, Universus Photo Imagings Limited, The United Nilgiri Tea Estates Company Limited, Priti International Limited and The Sandesh Limited.