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SummaryLatest NewsSector ComparisonEarnings ReportRevenue & GrowthPeersIncome StatementBalance SheetCash Flow
PAKKA logo

PAKKA - PAKKA LIMITED Share Price

Paper, Forest & Jute Products

Sharesguru Stock Score

PAKKA

59/100

High Scoring Large Cap stocks have outperformed low scoring stocks by 90% over last 4 years

₹81.60+2.12(+2.67%)
Market Closed as of Mar 11, 2026, 15:30 IST
Pros

Balance Sheet: Strong Balance Sheet.

Cons

Technicals: SharesGuru indicator is Bearish.

Smart Money: Smart money is losing interest in the stock.

Size: It is a small market cap company and can be volatile.

Momentum: Stock is suffering a negative price momentum. Stock is down -4.1% in last 30 days.

Growth: Declining Revenues! Trailing 12m revenue has fallen by -15.1% in past one year. In past three years, revenues have changed by -8.4%.

Price to Sales Ratio

Latest reported: 1.1

Revenue (Last 12 mths)

Latest reported: 358.4 Cr

Net Income (Last 12 mths)

Latest reported: 6.6 Cr
Sharesguru Stock Score

PAKKA

59/100

High Scoring Large Cap stocks have outperformed low scoring stocks by 90% over last 4 years

Valuation

Market Cap381.2 Cr
Price/Earnings (Trailing)57.69
Price/Sales (Trailing)1.06
EV/EBITDA17.01
Price/Free Cashflow-75.09
MarketCap/EBT32.86
Enterprise Value659.17 Cr

Fundamentals

Revenue (TTM)358.44 Cr
Rev. Growth (Yr)-9.8%
Earnings (TTM)6.63 Cr
Earnings Growth (Yr)-20.4%

Profitability

Operating Margin3%
EBT Margin3%
Return on Equity1.47%
Return on Assets0.80%
Free Cashflow Yield-1.33%

Growth & Returns

Price Change 1W-6%
Price Change 1M-4.1%
Price Change 6M-44.3%
Price Change 1Y-57.7%

Cash Flow & Liquidity

Cash & Equivalents21.18 Cr

Balance Sheet

Total Assets827.16 Cr
Total Liabilities376.77 Cr
Shareholder Equity450.39 Cr
Current Assets212.4 Cr
Current Liabilities151.6 Cr
Net PPE205.01 Cr
Inventory95.94 Cr
Goodwill1.76 Cr

Capital Structure & Leverage

Debt Ratio0.36
Debt/Equity0.66
Interest Coverage0.09

Dividend & Shareholder Returns

Dividend Yield1.14%
Shares Dilution (1Y)0.00%
Shares Dilution (3Y)18%
Pros

Balance Sheet: Strong Balance Sheet.

Cons

Technicals: SharesGuru indicator is Bearish.

Smart Money: Smart money is losing interest in the stock.

Size: It is a small market cap company and can be volatile.

Momentum: Stock is suffering a negative price momentum. Stock is down -4.1% in last 30 days.

Growth: Declining Revenues! Trailing 12m revenue has fallen by -15.1% in past one year. In past three years, revenues have changed by -8.4%.

The Good, Bad and Ugly
Growth
Measures how quickly a company is expanding through metrics like revenue growth, earnings growth, and cash flow growth over time. Strong growth can indicate future potential.
Profitability
Shows how efficiently a company turns business activities into profit, using metrics like profit margins, return on equity (ROE), and return on assets (ROA).
Size
Indicates the company's market presence through metrics like market capitalization, total assets, and revenue. Size can influence stability and market influence.
Dilution Rank
Tracks how much the company's shares have increased or decreased over time. Lower dilution means existing shareholders maintain stronger ownership stakes.
Balance Sheet
Evaluates the company's financial health by analyzing assets, debts, and equity. A strong balance sheet indicates financial stability and flexibility.
Momentum
Measures the strength and speed of price movements, showing whether the stock is gaining or losing market favor over different time periods.
Technicals
Analyzes price patterns, trading volumes, and other market indicators to identify potential trading opportunities and market trends.
Smart Money
Tracks the investment activities of institutional investors, hedge funds, and other large financial players who often have deep research capabilities.
Insider Trading
Monitors buying and selling of company shares by executives, directors, and other insiders who may have unique insights into the company's prospects.

Investor Care

Dividend Yield1.14%
Shares Dilution (1Y)0.00%
Earnings/Share (TTM)1.47

Financial Health

Current Ratio1.4
Debt/Equity0.66

Technical Indicators

RSI (14d)37.26
RSI (5d)26.01
RSI (21d)46.5
MACD SignalSell
Stochastic Oscillator SignalHold
SharesGuru SignalSell
RSI SignalHold
RSI5 SignalBuy
RSI21 SignalHold
SMA 5 SignalSell
SMA 10 SignalSell
SMA 20 SignalSell
SMA 50 SignalSell
SMA 100 SignalSell

Summary of Latest Earnings Report from PAKKA

Summary of PAKKA's latest earnings call, featuring management's outlook on business performance, financial results, and analyst Q&A sessions that highlight key strategic initiatives and market challenges.

The management's outlook for Pakka Limited emphasizes resilience amid challenges, strategic expansions, and innovation-driven growth. Key points include:

  1. Business Performance:

    • Challenges: Intense competition in food service disposables (50+ new entrants) impacted profitability. Molded fiber struggles persist due to technology inefficiencies (~55% capacity utilization).
    • Stability: Core segments like food wrap/carry maintained revenue (Rs.111 Cr in Q3) with profitability (Rs.17.45 Cr net profit).
  2. Growth Initiatives:

    • Project Jagruti (India): 44% complete, targeting base paper production by end-2025 and flexible packaging by early 2026. Focus on compostable, recyclable non-metallized substrates (NM).
    • Guatemala (Kawok): $380M project (100% flexible packaging) advancing; land acquired, supplier negotiations ongoing. Fundraising ($170M equity) targeted for Q1 FY26 with 30"“40% dilution.
  3. Innovation & Leadership:

    • Dr. Sam Sohn appointed Head of Innovation to accelerate sustainable materials R&D.
    • Trials for metallized (M3) and non-metallized substrates in progress; commercialization planned for Q2/Q3 FY26.
  4. Financials:

    • ROA/ROC impacted by equity dilution; strong debt-to-equity (0.36x).
    • US market entry via distributor partnerships; Europe expansion explored.
  5. Strategic Shifts:

    • Molded Fiber: Re-evaluating business model (B2B vs. B2C) to improve margins; potential technology overhaul.
    • Sustainability Focus: Despite geopolitical shifts (e.g., US policy changes), commitment to eco-friendly solutions remains.
  6. Risks & Mitigation:

    • Competition: Pricing pressures in India; cost efficiency prioritized.
    • Execution: Ayodhya project delays due to Kumbh Mela; Guatemala timelines dependent on engineering finalization (March 2025).

Outlook: Management aims to stabilize molded fiber, scale flexible packaging, and leverage innovation for long-term growth, targeting cleaner alternatives in global markets.

Major Questions and Answers:

  1. Question: What are the hindrances in the Guatemala Project fund raise, including off-take agreements and engineering delays?

Answer: Ved Krishna highlighted addressing five investor concerns: completing full-load engineering (by March 2025), securing supplier quotes, finalizing an EPCM contractor, transferring patents to the US entity, and converting off-take letters to contracts. Non-metallized substrate trials are ongoing, with Guatemala now focused solely on flexible packaging (no molded fiber).

  1. Question: Can metallized flexible packaging be scaled sustainably?

Answer: Ved explained metallization faces recyclability issues (aluminum in paper streams) and technical challenges (batch processes). Non-metallized dispersion coating (water-based, online application) is prioritized for scalability, cost efficiency, and compatibility with circular economy goals.

  1. Question: What is the targeted valuation for Guatemala's fund raise, and how will molded fiber losses be addressed?

Answer: Rolando Yon stated a $170M equity target (pre-money valuation: ~$500M). Ved discussed evaluating technology changes (higher-capacity machines) and strategic shifts (B2C focus) for molded fiber, targeting 20% market share or exiting the segment.

  1. Question: Will Project Jagruti face delays due to local disruptions?

Answer: Ved confirmed commissioning by December 2024 despite Ayodhya's logistical challenges. Base paper production begins in 2024, coating operations start in early 2025 for flexible packaging.

  1. Question: How will fund-raising proceed given market conditions, and can molded fiber recover?

Answer: Ved acknowledged sustainability's reduced priority in the US but noted strong investor interest. Rolando emphasized Guatemala's technical de-risking. Molded fiber's revival hinges on cost leadership (machine efficiency) or strategic exit.

  1. Question: Why are costs high despite bagasse and power advantages?

Answer: Ved cited low machine utilization (55%) and high fixed costs. Solutions include upgrading machinery (supplier credit) and renegotiating contracts, with a decision by March 2025.

  1. Question: How will geopolitical shifts (e.g., Trump) impact sustainability demand?

Answer: Ved stressed focusing on product performance and value over regulation. California's SB54 and conglomerate demand (140K tons/year) remain stable. Europe is a new target via cost-efficient shipping.

  1. Question: How will Pakka prevent competition from replicating innovations?

Answer: Ved emphasized continuous R&D, cost leadership, and customer loyalty via service/consistency. Collaborators are welcomed to scale sustainable solutions, with design patents as a secondary defense.

  1. Question: Can Guatemala serve Europe cost-effectively?

Answer: Ved noted flexible packaging's high density (26 tons/container), making shipping feasible. Latin America and US conglomerates are primary targets, with Europe as a secondary market.

  1. Question: Will R&D relocate to Portland? How do competitors affect raw materials?

Answer: Product innovation (flexible, food service, rigid packaging) shifts to Portland; process R&D (materials, waste valorization) stays in India. Competitors use outsourced pulp; Pakka's raw material supply remains secure until Jagruti's completion.

  1. Question: What is the financial guidance, and when will molded fiber turn profitable?

Answer: Ved avoided specifics but committed to a March 2025 update. Molded fiber's future depends on achieving 20% market share or exiting, prioritizing profitability over revenue.

  1. Question: Who leads India's food service business, and what's the growth strategy?

Answer: Ved mentioned hiring a dedicated lead (active search). Strategy focuses on scalable manufacturing, reducing SKUs, and B2B/B2C balance, leveraging cost leadership and design quality.

Revenue Breakdown

Analysis of PAKKA's financial performance, highlighting revenue trends, growth patterns, and key metrics through quarterly analysis.

Last Updated: Dec 31, 2025

DescriptionShareValue
Paper & Pulp83.1%82.9 Cr
Moulded Products16.9%16.8 Cr
Total99.8 Cr

Share Holdings

Understand PAKKA ownership landscape with insights into key distribution patterns, offering investors a clear view of stakeholder dynamics.

Holding Pattern

Share Holding Details

Shareholder NameHolding %
VED KRISHNA30.8%
SBI MAGNUM CHILDREN'S BENEFIT FUND-INVESTMENT FUND7.44%
SATORI GLOBAL LIMITED7.42%
YASH AGRO PRODUCTS LIMITED2.16%
SANGEETHA S2%
MANJULA JHUNJHUNWALA1.24%
VANDANA SEHGAL1.11%
KRISHNA KUMAR JHUNJHUNWALA0.04%
KIMBERLY ANN MCARTHUR0%

Overall Distribution

Distribution across major stakeholders

Ownership Distribution

Distribution across major institutional holders

Is PAKKA Better than it's peers?

Detailed comparison of PAKKA against industry peers, highlighting key financial metrics, valuation ratios, and performance indicators to provide competitive context within the sector.

Ticker
Name
Mkt Cap
Revenue
Price %, 1M
Returns, 1Y
P/E
P/S
Rev 1-Yr
Inc 1-Yr
EPLEPL6.35 kCr4.61 kCr-1.40%+2.20%15.831.38--
UFLEXUflex3.29 kCr15.29 kCr-5.70%-1.00%11.360.22--
COSMOFIRSTCosmo First1.79 kCr3.46 kCr+6.20%+9.80%12.050.52--
HUHTAMAKIHUHTAMAKI INDIA1.29 kCr2.5 kCr-7.60%-16.80%10.890.51--

Sector Comparison: PAKKA vs Paper, Forest & Jute Products

Comprehensive comparison against sector averages

Comparative Metrics

PAKKA metrics compared to Paper,

CategoryPAKKAPaper,
PE57.6921.66
PS1.060.55
Growth-15.1 %3 %
67% metrics above sector average
Key Insights
  • 1. PAKKA is NOT among the Top 10 largest companies in Paper & Paper Products.
  • 2. The company holds a market share of 1% in Paper & Paper Products.
  • 3. In last one year, the company has had a below average growth that other Paper & Paper Products companies.

Income Statement for PAKKA

Consolidated figures (in Rs. Crores) /
Description(%) Q/QMar-2025Mar-2024Mar-2023Mar-2022Mar-2021Mar-2020
Revenue From Operations0.2%406405408291--
Other Income83.5%158.63128.13--
Total Income1.9%421413420299--
Cost of Materials4.5%163156154117--
Purchases of stock-in-trade133.8%104.855.780.06--
Employee Expense10.9%52475037--
Finance costs11.8%109.05119.4--
Depreciation and Amortization15.4%16141310--
Other expenses0%12712711775--
Total Expenses7.8%373346353248--
Profit Before exceptional items and Tax-28.8%48676751--
Total profit before tax-28.8%48676751--
Current tax-60.9%10242115--
Total tax-60.9%10242115--
Total profit (loss) for period-11.9%38434636--
Other comp. income net of taxes-12.4%-0.54-0.37-0.18-0.49--
Total Comprehensive Income-14.3%37434635--
Earnings Per Share, Basic-22.1%8.9611.21212.19.38--
Earnings Per Share, Diluted-21.6%8.9511.13712.049.38--
Description(%) Q/QDec-2025Sep-2025Jun-2025Mar-2025Dec-2024Sep-2024
Revenue From Operations28%97768292106111
Other Income5.8%3.193.071.343.834.624
Total Income26.9%100798396111115
Cost of Materials31%393034394242
Purchases of stock-in-trade111.8%4.62.72.643.3601.8
Employee Expense98.4%116.0414131413
Finance costs-22.3%2.292.662.982.682.112.43
Depreciation and Amortization0.6%4.174.154.134.14.074.01
Other expenses3.4%313027343534
Total Expenses10%898183939797
Profit Before exceptional items and Tax431.1%11-2.020.162.781418
Total profit before tax431.1%11-2.020.162.781418
Current tax392.1%3.60.111.69-0.413.711.15
Deferred tax1%0-0.010010
Total tax385.7%3.60.091.69-0.414.71.15
Total profit (loss) for period295.5%7.08-2.11-1.533.198.8917
Other comp. income net of taxes-206%0.471.50.430.21-0.13-0.14
Total Comprehensive Income509.4%7.55-0.6-1.13.48.7617
Earnings Per Share, Basic138.8%1.57-0.47-0.390.762.174.3
Earnings Per Share, Diluted120.4%1.3-0.47-0.390.7623.49
Debt service coverage ratio---00-0.03
Standalone figures (in Rs. Crores) /
Description(%) Q/QMar-2025Mar-2024Mar-2023Mar-2022Mar-2021Mar-2020
Revenue From Operations0.2%406405408291184252
Other Income78.2%179.98128.13118.72
Total Income1.9%423415420299195261
Cost of Materials4.5%16315615411770102
Purchases of stock-in-trade133.8%104.855.780.060.040.03
Employee Expense0%454548362827
Finance costs12.9%108.97119.361113
Depreciation and Amortization15.4%161413109.669.76
Other expenses-7.2%117126114745271
Total Expenses4.1%356342348246172222
Profit Before exceptional items and Tax-8.3%677372542340
Total profit before tax-8.3%677372542340
Current tax-60.9%102421154.127.14
Deferred tax-0009.82.14.78
Total tax-60.9%102421256.2112
Total profit (loss) for period16.7%574951281728
Other comp. income net of taxes-0.8%-0.32-0.31-0.27-0.480.230.44
Total Comprehensive Income17%564851281728
Earnings Per Share, Basic8.3%13.5312.57313.5110.034.747.84
Earnings Per Share, Diluted9.1%13.5312.48813.4510.034.747.84
Debt equity ratio-0.3%041069----
Debt service coverage ratio-0.3%0.0410.0443----
Interest service coverage ratio1.7%0.09520.0799----
Description(%) Q/QDec-2025Sep-2025Jun-2025Mar-2025Dec-2024Sep-2024
Revenue From Operations26.7%96768292106111
Other Income56.1%3.452.572.024.055.434.88
Total Income28.6%100788496111116
Cost of Materials31%393034394242
Purchases of stock-in-trade91.5%4.162.652.413.3601.8
Employee Expense186.5%114.4911101211
Finance costs-23.8%2.282.682.952.671.992.4
Depreciation and Amortization1%4.164.134.124.094.064
Other expenses7.4%302824273333
Total Expenses11.7%877878849494
Profit Before exceptional items and Tax2100%130.46.54121722
Total profit before tax2100%130.46.54121722
Current tax418%3.830.111.69-0.413.711.15
Deferred tax-20.8%-0.22-0.010010
Total tax385.7%3.60.091.69-0.414.71.15
Total profit (loss) for period1262.9%9.140.34.86131321
Other comp. income net of taxes-7.1%0.10.16-0.290.030.18-0.07
Total Comprehensive Income1627.8%9.250.464.56131320
Earnings Per Share, Basic14%0.20.071.0833.125.22
Earnings Per Share, Diluted14%0.20.071.0832.874.24
Debt equity ratio---0041-0
Debt service coverage ratio---00.041-0.03
Interest service coverage ratio---00.0952-0

Balance Sheet for PAKKA

Consolidated figures (in Rs. Crores) /
Description(%) Q/QSep-2025Mar-2025Sep-2024Mar-2024Sep-2023Mar-2023
Cash and cash equivalents-69.7%21674255241
Current investments-0001.181.141.1
Loans, current37.7%1.731.532.851.347.240.51
Total current financial assets-45.2%691259711410035
Inventories-27.5%96132861116498
Total current assets-27%212290218240174150
Property, plant and equipment-1.4%205208211198189192
Capital work-in-progress81%28715955453419
Investment property-51.9%1.261.540.210.360.520.68
Goodwill0%1.761.761.761.765.855.85
Loans, non-current-211.1%0.61.3600.9700
Total non-current financial assets-191.9%0.661.3701.0501.87
Total non-current assets37.1%615449330267242223
Total assets12.1%827738548507416373
Borrowings, non-current60.7%1811131051123522
Total non-current financial liabilities76.8%1991131091163926
Provisions, non-current56.5%1.721.462.320.0600
Total non-current liabilities64.7%2251371341436451
Borrowings, current5.4%11811257727482
Total current financial liabilities3.1%13212870858391
Provisions, current28.6%0.70.589.377.16.717.07
Current tax liabilities0%1.941.942.995.215.681.39
Total current liabilities2%152149108113110117
Total liabilities31.9%377286241255174167
Equity share capital0%454539393938
Non controlling interest-0----0.1-0.08
Total equity-0.4%450452307251242206
Total equity and liabilities12.1%827738548507416373
Standalone figures (in Rs. Crores) /
Description(%) Q/QSep-2025Mar-2025Sep-2024Mar-2024Sep-2023Mar-2023
Cash and cash equivalents-71.9%19654054220.78
Current investments-0001.181.141.1
Loans, current37.7%1.731.532.851.34256.78
Total current financial assets-43.3%691219511211541
Inventories-28.2%95132861116498
Current tax assets-000000
Total current assets-26.8%209285210237189154
Property, plant and equipment-1.5%203206208197189192
Capital work-in-progress86.3%26014043352717
Investment property-51.9%1.261.540.210.360.520.68
Goodwill-00004.094.09
Loans, non-current-77.5%1041382800
Total non-current financial assets-77.5%1041382801.96
Total non-current assets36%655482352281235224
Total assets12.5%864768562518424378
Borrowings, non-current98.9%178901001103422
Total non-current financial liabilities78.9%1961101051143826
Provisions, non-current56.5%1.721.462.320.0600
Total non-current liabilities64.2%2211351291416351
Borrowings, current5.4%11811257727481
Total current financial liabilities4.8%13212669858391
Provisions, current7.1%0.610.589.377.16.717.07
Current tax liabilities0%1.941.942.995.215.691.39
Total current liabilities4.2%151145106112109114
Total liabilities32.6%371280236253172165
Equity share capital0%454539393938
Total equity1%493488326265252213
Total equity and liabilities12.5%864768562518424378

Cash Flow for PAKKA

Consolidated figures (in Rs. Crores) /
Finance costs32.7%
Change in inventories-51%
Depreciation15.4%
Unrealised forex losses/gains-15.1%
Adjustments for interest income-
Share-based payments-21.4%
Net Cashflows from Operations-59.1%
Interest received54.8%
Income taxes paid (refund)-11.1%
Net Cashflows From Operating Activities-78.3%
Cashflows used in obtaining control of subsidiaries-5.3%
Proceeds from sales of PPE-69.4%
Purchase of property, plant and equipment222%
Purchase of other long-term assets-
Cash receipts from repayment of advances and loans made to other parties43.6%
Interest received1400%
Other inflows (outflows) of cash171.6%
Net Cashflows From Investing Activities-156.6%
Proceeds from issuing shares1091.7%
Proceeds from issuing other equity instruments-
Proceeds from borrowings-56.2%
Repayments of borrowings103.9%
Dividends paid-111.9%
Interest paid32.7%
Other inflows (outflows) of cash-
Net Cashflows from Financing Activities136%
Net change in cash and cash eq.-79.2%
Standalone figures (in Rs. Crores) /
Description(%) Q/QMar-2025Mar-2024Mar-2023Mar-2022Mar-2021Mar-2020
Finance costs16.6%8.857.738.857.95--
Change in inventories-51%-20.82-13.45-18.92-18.92--
Depreciation15.4%16141310--
Impairment loss / reversal-120.7%05.8200--
Unrealised forex losses/gains-00-1.670--
Adjustments for interest income-6.7101.531.12--
Share-based payments-21.4%-1.27-0.8700--
Net Cashflows from Operations-45.9%41756550--
Interest received54.8%0-1.2100--
Income taxes paid (refund)-11.1%17191315--
Net Cashflows From Operating Activities-58.5%23545235--
Cashflows used in obtaining control of subsidiaries1784.2%170.053.683.76--
Proceeds from sales of PPE-245.8%0.170.761.080.13--
Purchase of property, plant and equipment293.3%178463229--
Purchase of other long-term assets-001.10--
Cash receipts from repayment of advances and loans made to other parties51.8%-10.41-22.65-6.350--
Interest received1400%4.151.211.531.12--
Other inflows (outflows) of cash171.6%8.11-8.93-0.28-2.6--
Net Cashflows From Investing Activities-149.4%-191.4-76.14-41.05-33.07--
Proceeds from issuing shares1091.7%1441302.84--
Proceeds from issuing other equity instruments-24000--
Proceeds from borrowings-55.2%40886.2218--
Repayments of borrowings116.1%199.337.267.87--
Dividends paid-111.9%09.47.623.52--
Interest paid16.6%8.857.738.850--
Other inflows (outflows) of cash-003.95-7.95--
Net Cashflows from Financing Activities145.2%18074-13.551.66--
Net change in cash and cash eq.-78.8%1253-2.823.41--

What does PAKKA LIMITED do?

Paper & Paper Products•Forest Materials•Small Cap

Pakka Limited engages in the manufacture and dealing of paper and moulded products in India and internationally. It operates through Paper, Pulp, and Other Products; and Moulded Products segments. The company offers bleached, unbleached, and colored kraft products; compostable flexible packaging; bleached and unbleached agro pulp products; and tableware products under the CHUK brand. It exports its products. The company was formerly known as Yash Pakka Limited and changed its name to Pakka Limited in July 2023. Pakka Limited was incorporated in 1981 and is based in Ayodhya, India.

Industry Group:Paper, Forest & Jute Products
Employees:508
Website:pakka.com

Important Disclosure & Data Context

This is an informational page just to provide a quick 'first look' at the stock. You must do your own deeper research. Know your risk appetite. Consult a SEBI-registered financial advisor before making any investment decisions.

Performance Comparison

PAKKA vs Paper, (2024 - 2026)

Although PAKKA is underperforming relative to the broader Paper, sector, it has achieved a 8.3% year-over-year increase.