Subam Papers Ltd
Incorporated in October 2006, Subam Papers Limited is a manufacturer of Kraft Paper and paper products. [1]
- Market Cap ₹ 604 Cr.
- Current Price ₹ 220
- High / Low ₹ 246 / 127
- Stock P/E 57.7
- Book Value ₹ 143
- Dividend Yield 0.00 %
- ROCE 4.83 %
- ROE 3.06 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- Tax rate seems low
- Company has a low return on equity of 8.42% over last 3 years.
* 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.
Peer comparison
Quarterly 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 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|
| 243 | 268 | 318 | 445 | 448 | 448 | 487 | 509 | |
| 213 | 220 | 278 | 421 | 392 | 395 | 456 | 478 | |
| Operating Profit | 31 | 48 | 39 | 24 | 56 | 53 | 32 | 31 |
| OPM % | 13% | 18% | 12% | 5% | 12% | 12% | 7% | 6% |
| 8 | -8 | 7 | 7 | 5 | 6 | 2 | 2 | |
| Interest | 0 | 2 | 3 | 11 | 13 | 12 | 11 | 11 |
| Depreciation | 8 | 8 | 7 | 14 | 10 | 13 | 12 | 13 |
| Profit before tax | 30 | 29 | 37 | 6 | 38 | 35 | 10 | 10 |
| Tax % | 28% | 25% | 26% | 59% | 25% | 26% | -3% | |
| 22 | 22 | 27 | 3 | 29 | 26 | 11 | 10 | |
| EPS in Rs | 134.12 | 132.70 | 167.54 | 15.42 | 176.94 | 11.13 | 3.94 | 4.18 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 13% |
| 3 Years: | 3% |
| TTM: | 9% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | -19% |
| 3 Years: | 63% |
| TTM: | -58% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 49% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 9% |
| 3 Years: | 8% |
| Last Year: | 3% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 2 | 2 | 2 | 2 | 2 | 23 | 27 |
| Reserves | 111 | 133 | 160 | 162 | 191 | 290 | 366 |
| 25 | 11 | 115 | 103 | 123 | 114 | 65 | |
| 37 | 43 | 61 | 62 | 54 | 74 | 107 | |
| Total Liabilities | 175 | 188 | 337 | 329 | 370 | 501 | 565 |
| 38 | 31 | 123 | 135 | 144 | 162 | 160 | |
| CWIP | 0 | 3 | 0 | 0 | 20 | 0 | 1 |
| Investments | 3 | 12 | 16 | 16 | 15 | 145 | 145 |
| 133 | 142 | 198 | 178 | 191 | 194 | 259 | |
| Total Assets | 175 | 188 | 337 | 329 | 370 | 501 | 565 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| 19 | 17 | 19 | 43 | 28 | 27 | 32 | |
| -5 | -14 | -120 | -21 | -35 | -101 | -43 | |
| -9 | -7 | 101 | -22 | 7 | 74 | 10 | |
| Net Cash Flow | 5 | -4 | -0 | 0 | -0 | -0 | -0 |
| Free Cash Flow | 16 | 13 | -76 | 16 | -10 | 16 | 21 |
| CFO/OP | 92% | 54% | 48% | 179% | 63% | 61% | 104% |
Ratios
Standalone / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Debtor Days | 94 | 84 | 84 | 60 | 75 | 99 | 89 |
| Inventory Days | 31 | 60 | 90 | 37 | 74 | 63 | 105 |
| Days Payable | 59 | 64 | 77 | 54 | 55 | 50 | 86 |
| Cash Conversion Cycle | 66 | 81 | 96 | 43 | 94 | 112 | 108 |
| Working Capital Days | 104 | 91 | 48 | 26 | 28 | 44 | 48 |
| ROCE % | 30% | 19% | 6% | 18% | 13% | 5% |
Insights
In beta| Mar 2025 | Mar 2026 | |
|---|---|---|
| Group Installed Capacity MTPD |
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| Captive Renewable Power Capacity MW |
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| Number of Customers count |
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| Per-Machine Installed Capacity (Post-Expansion Target) MTPD |
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Extracted by Screener AI
Documents
Announcements
-
Shareholder Meeting / Postal Ballot-Scrutinizer''s Report
- 22nd AGM resolutions passed on September 25, 2026, including audited statements and two director reappointments.
- Closure of Trading Window
-
Announcement under Regulation 30 (LODR)-Meeting Updates
- 22nd AGM held on 25 September 2026; shareholders approved financial statements and director reappointments.
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
- Intimation of 22 ND ANNUAL GENERAL MEETING AND E- VOTING
-
Notice Of 22Nd Annual General Meeting ('AGM') And Annual Report For FY 2025-26
- Subam Papers issues 22nd AGM notice for September 25, 2026; annual report FY2025-26 and director reappointments.
Annual reports
-
Annual Report 2026
from bse
-
Annual Report 2025
from bse
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]