Shree Ajit Pulp and Paper

Shree Ajit Pulp and Paper Dividend Coverage

The Dividend Coverage Ratio of Shree Ajit Pulp and Paper (538795.BO) as of Oct 21, 2026 is 34.41. In the previous year, Dividend Coverage Ratio was 24.31 — a change of 41.54% (higher).

Dividend Coverage

34.41

YoY

41.54%

Last updated:

Dividend Coverage Ratio of Shree Ajit Pulp and Paper is 2023 34.41 . Dividend Coverage Ratio of Shree Ajit Pulp and Paper was 2022 24.31 . It decreases by 41.54% higher compared to the previous year.

The Shree Ajit Pulp and Paper Dividend Coverage history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Dividend Coverage
Date
Dividend Coverage
Jan 1, 2016
17.66 INR
Jan 1, 2017
16.02 INR
Jan 1, 2018
11.50 INR
Jan 1, 2019
35.90 INR
Jan 1, 2020
29.87 INR
Jan 1, 2021
26.98 INR
Jan 1, 2022
24.31 INR
Jan 1, 2023
34.41 INR
The Shree Ajit Pulp and Paper Dividend Coverage history
YEARDividend CoverageYoY
34.41+41.54%
24.31-9.89%
26.98-9.70%
29.87-16.78%
35.90+212.21%
11.50-28.24%
16.02-9.29%
17.66+10.52%
15.98-39.45%
26.39—

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Shree Ajit Pulp and Paper Stock analysis

What does Shree Ajit Pulp and Paper do? Shree Ajit Pulp & Paper Ltd. manufactures kraft paper primarily for corrugated box production, with key products Multilayer Testliner (triple wire) and Testliner Paper (single wire) available in 80–300 GSM and 18–35 busting factor. The company offers these products in Natural and Golden shades for packaging applications like corrugated boxes, duplex cartons, and corrugated small e-fluet. Its manufacturing unit in Morai, Vapi, Gujarat, utilizes two windmills generating 2.75 MW capacity, supporting sustainable operations. The subsidiary Shree Samrudhi Industrial Papers Private Limited aids in expanding production capabilities. The firm targets packaging material manufacturers and corrugated box producers as its primary customers, leveraging its product range for industrial packaging needs. By producing paper in specific GSM and busting factor ranges, it caters to the technical requirements of the packaging sector. The company's focus on natural and golden shades meets market preferences for aesthetic and functional packaging solutions. Shree Ajit Pulp & Paper Ltd. generates revenue through the sale of its kraft paper products to industrial clients in the packaging industry. The company's two windmills contribute to operational efficiency, reducing energy costs while supporting eco-friendly manufacturing. Its subsidiary Shree Samrudhi Industrial Papers Private Limited enhances production capacity, enabling consistent supply to meet client demands in the packaging market. Shree Ajit Pulp and Paper is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Shree Ajit Pulp and Paper stock

Dividend Coverage Ratio of Shree Ajit Pulp and Paper is 34.41 in 2023.

Dividend Coverage Ratio of Shree Ajit Pulp and Paper changed from 24.31 to 34.41, representing a 41.54% change. The value is higher than the previous year.

On Eulerpool you can find the complete historical development of Dividend Coverage Ratio Shree Ajit Pulp and Paper since 2006 – with annual values, charts, and detailed analysis.

The dividend coverage ratio measures how many times dividends can be covered by net income. Higher coverage suggests more sustainable dividend payments.

Dividend Coverage Ratio's is a key factor for investors. Changes in this metric can signal improving or deteriorating fundamentals, directly impacting the stock price. On Eulerpool, you can track Dividend Coverage Ratio's Shree Ajit Pulp and Paper historically and in real time.

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Dividend — Shree Ajit Pulp and Paper

DividendDividend YieldDividend per ShareYears Dividend PaidYears Dividend Not DecreasedYears Dividend IncreasedDividend Coverage

All Key Metrics — Shree Ajit Pulp and Paper