Subam Papers Ltd
Incorporated in October 2006, Subam Papers Limited is a manufacturer of Kraft Paper and paper products. [1]
- Market Cap ₹ 314 Cr.
- Current Price ₹ 135
- High / Low ₹ 174 / 70.8
- Stock P/E 9.30
- Book Value ₹ 134
- Dividend Yield 0.00 %
- ROCE 13.8 %
- ROE 13.4 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 1.01 times its book value
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 11.1% over last 3 years.
- Debtor days have increased from 78.0 to 99.2 days.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Half Yearly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|
243 | 268 | 318 | 445 | 448 | 448 | |
213 | 220 | 278 | 421 | 392 | 395 | |
Operating Profit | 31 | 48 | 39 | 24 | 56 | 53 |
OPM % | 13% | 18% | 12% | 5% | 12% | 12% |
8 | -8 | 7 | 7 | 5 | 6 | |
Interest | 0 | 2 | 3 | 11 | 13 | 9 |
Depreciation | 8 | 8 | 7 | 14 | 10 | 8 |
Profit before tax | 30 | 29 | 37 | 6 | 38 | 43 |
Tax % | 28% | 25% | 26% | 59% | 25% | 21% |
22 | 22 | 27 | 3 | 29 | 34 | |
EPS in Rs | 134.12 | 132.70 | 167.54 | 15.42 | 176.94 | 14.53 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 13% |
3 Years: | 12% |
TTM: | 0% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 9% |
3 Years: | 7% |
TTM: | 15% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
1 Year: | % |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 14% |
3 Years: | 11% |
Last Year: | 13% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|
Equity Capital | 2 | 2 | 2 | 2 | 2 | 23 |
Reserves | 111 | 133 | 160 | 162 | 191 | 289 |
25 | 11 | 115 | 103 | 123 | 114 | |
37 | 43 | 61 | 62 | 54 | 80 | |
Total Liabilities | 175 | 188 | 337 | 329 | 370 | 506 |
38 | 31 | 123 | 135 | 144 | 162 | |
CWIP | 0 | 3 | 0 | 0 | 20 | 0 |
Investments | 3 | 12 | 16 | 16 | 15 | 141 |
133 | 142 | 198 | 178 | 191 | 204 | |
Total Assets | 175 | 188 | 337 | 329 | 370 | 506 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|
19 | 17 | 19 | 43 | 28 | 27 | |
-5 | -14 | -120 | -21 | -35 | -103 | |
-9 | -7 | 101 | -22 | 7 | 74 | |
Net Cash Flow | 5 | -4 | -0 | 0 | -0 | -2 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|
Debtor Days | 94 | 84 | 84 | 60 | 75 | 99 |
Inventory Days | 31 | 60 | 90 | 37 | 74 | 43 |
Days Payable | 59 | 64 | 77 | 54 | 55 | 34 |
Cash Conversion Cycle | 66 | 81 | 96 | 43 | 94 | 108 |
Working Capital Days | 104 | 91 | 48 | 26 | 28 | 44 |
ROCE % | 30% | 19% | 6% | 18% | 14% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
7 Sep - News Paper Advertisement for Subam papers Limited 21st Annual General Meeting.
- Reg. 34 (1) Annual Report. 5 Sep
-
Notice Of Annual General Meeting And Annual Report For Financial Year 2024-25
5 Sep - AGM on Sep 27, 2025; seek approvals for loans/guarantees ₹250cr, investments ₹300cr, RPT ₹200cr, borrowings ₹350cr.
-
Intimation Of The 21St Annual General Meeting Of The Company
2 Sep - 21st AGM on September 27, 2025 at 10:30 AM at registered office, Subam Papers Limited.
-
Announcement Under Regulation 30 Of SEBI LODR In Relation To New Line Of Business To Be Commenced By Wholly Owned Subsidiary
13 Aug - Subsidiary to invest Rs.10 Cr in new logistics vertical VIB Logistics for cost efficiency and external clients.
Product Portfolio - Application
1. Kraft Paper [1]
- Usage: Corrugated boxes, online retail packaging, carry bags, wrapping, and protective packaging.
Usage: Mono cartons, small boxes, notebook covers, invitations, matchboxes, carry bags, online retail packaging, writing, and printing paper.
Corrugated Boxes [2]
Usage: Corrugated boxes and packaging materials.
Paper Cones [3]
Usage: Yarn winding, thread storage, tape rolls, wire and cable, packaging, protective packaging, confectionery, and arts and crafts.
Paper Tubes and Cores [3]