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Paper, Board & Packaging

MACFL MACPAC Films Limited

Latest results: FY2026 · Jun 2026

Last close · 16 Oct 2026

Rs 100.33 -10.00%

Valuation · at the close on 16 Oct 2026

MACPAC Films Limited (MACFL) valuation

At Rs 100.33 (close on 16 Oct 2026) MACFL trades at 45.5× earnings (FY2026), above its five-year average of 15.3× and above the Paper, Board & Packaging median of 11.7×. The shares are priced at 2.55× book value (sector median 0.77×). Enterprise value of Rs 6.9 bn is 16.0× EBITDA.

P/E · today
45.5×
FY2026
5-yr average15.3× Sector median11.7×
P/B · today
2.55×
FY2026
5-yr average0.95× Sector median0.77×
EV/EBITDA · today
16.0×
5-yr average4.4× Sector median5.0×
Dividend yield · today
0.0%
FY2026
5-yr average2.6% Payers' median5.9%

Market value Rs 5.9 bn at Rs 100.33. Sector medians use the latest close of 12 Paper, Board & Packaging companies; P/E and P/B only where earnings / book value are positive; the yield median covers dividend payers only. Not investment advice.

P/E history P/E at fiscal year-end 5-year average
P/E history 37.1× 18.5× 0.0× P/E at fiscal year-end FY17: 15.4× P/E at fiscal year-end FY18: 29.7× P/E at fiscal year-end FY21: 7.3× P/E at fiscal year-end FY22: 5.0× P/E at fiscal year-end FY23: 2.5× P/E at fiscal year-end FY24: 4.1× P/E at fiscal year-end FY25: 34.3× P/E at fiscal year-end FY26: 30.4× FY17 FY18 FY19 FY20 FY21 FY22 FY23 FY24 FY25 FY26

Valuation history

At each fiscal year-end price.

MACFL valuation history (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
Market capitalisation 3,972.6 2,928.3 1,062.7 929.2 928.1 1,359.8 1,369.3 806.5 1,752.9 1,207.0 738.8 711.6 658.0 887.0 651.0
Enterprise value 4,950.4 3,813.9 1,560.8 1,114.2 1,579.0 2,069.2 2,211.7 1,583.7 1,844.4 1,509.6 843.5 854.4 778.7 885.7 760.7
Share price (period end) Rs 66.99 49.38 17.92 15.67 15.65 22.93 23.09 13.60 29.56 24.18 14.80 14.25 13.18 17.77 13.04
P/E (diluted) 30.40× 34.34× 4.12× 2.45× 5.04× 7.28× — — 29.72× 15.42× 8.55× 11.51× — 4.16× —
Price to book 1.70× 1.30× 0.48× 0.49× 0.59× 0.97× 1.13× 1.24× 1.94× 2.03× 1.33× 1.40× 1.47× 1.88× 2.06×
Price to sales 0.59× 0.49× 0.19× 0.17× 0.22× 0.45× 0.63× 0.33× 0.77× 0.80× 0.56× 0.53× 0.55× 0.61× —
EV / EBITDA 11.40× 11.78× 2.56× 1.01× 3.04× 4.64× 29.45× 19.69× 9.50× 6.47× 3.78× 3.55× 6.85× 3.44× —
EV / Sales 0.74× 0.64× 0.28× 0.20× 0.38× 0.68× 1.02× 0.66× 0.87× 1.00× 0.64× 0.64× 0.65× 0.61× —
Dividend yield (gross) 0.7% 2.5% 8.4% 6.4% 0.0% 0.0% 0.0% 1.5% 2.4% 3.2% 5.3% 0.0% 0.0% 6.6% —
Free cash flow yield (0.1%) 1.8% 1.7% 35.7% 18.6% 7.0% (4.0%) (72.3%) (3.2%) (0.7%) 10.2% (3.1%) (4.6%) 18.6% —
PEG ratio 0.57× (0.51×) (0.13×) 0.02× (3.89×) 0.02× — — (0.81×) (1.64×) 0.22× 0.03× — — —
P/E (diluted, normalised) 30.40× 34.34× 4.12× 2.45× 5.04× 7.28× — — 29.72× 15.42× 8.55× 11.51× — 4.16× —
Price to book — 5-year average 0.95× 0.77× 0.68× 0.80× 1.08× 1.38× 1.51× 1.62× 1.67× 1.63× 1.59× — — — —
EV / EBITDA — 5-year average 4.36× 3.38× 3.10× 3.85× 7.06× 8.96× 9.91× 6.83× 5.80× 4.56× — — — — —
Dividend yield — 5-year average 2.6% 3.1% 2.6% 1.3% 0.9% 1.5% 2.3% 2.5% 2.4% 3.2% — — — — —

MACFL valuation: frequently asked questions

What is MACFL's P/E ratio?

At the closing price of Rs 100.33 on 16 Oct 2026, MACFL trades at a P/E of 45.5× based on EPS of Rs 2.20 (FY2026).

What is MACFL's book value per share?

MACPAC Films Limited's book value per share was Rs 39.37 at the end of FY2026. The shares trade at 2.55× book value.

Information only, not investment advice.