Shree Rama Newsprint Ltd

₹ 15.1 0.00%
02 Dec - close price
About

Shree Rama Newsprint Limited is engaged in the business of manufacturing and selling of papers. The Company also has an operating segment of Water bottle plant.[1]

Key Points

Product Portfolio
Writing & Printing Paper: Co. provides different models including, Rama Silver, Rama Pearls, Rama Platinum, etc ranging from 75% to 89% whiteness.
Photocopier Paper: Co. plans to launch Rama Prestige and Rama Polaris that will be made from 100% recycled fiber.
Newsprint: Co’s newsprint is designed for high speed offset printing on both cold and heatset offset presses and for high-volume publications.
Kraft Paper: Co. uses recycled and waste paper and offers high-strength compression, folding resistance and toughness at lower GSMs.
Packaged Drinking Water [1][2][3][4]

  • Market Cap 223 Cr.
  • Current Price 15.1
  • High / Low 22.8 / 14.3
  • Stock P/E
  • Book Value 16.8
  • Dividend Yield 0.00 %
  • ROCE -4.73 %
  • ROE -23.8 %
  • Face Value 10.0

Pros

  • Stock is trading at 0.90 times its book value
  • Company's working capital requirements have reduced from 70.9 days to 55.4 days

Cons

  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of -3.32% over past five years.
  • Company has a low return on equity of -17.6% over last 3 years.
  • Company might be capitalizing the interest cost
  • Earnings include an other income of Rs.3.93 Cr.

* 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

Sector: Paper Industry: Paper

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Quarterly Results

Figures in Rs. Crores

Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022
67.73 96.84 93.14 44.72 26.96 53.97 139.22 105.92 105.58 88.22 30.00 45.72 21.60
66.98 91.13 90.43 49.59 40.70 67.05 123.69 102.23 114.71 92.61 29.99 39.34 21.22
Operating Profit 0.75 5.71 2.71 -4.87 -13.74 -13.08 15.53 3.69 -9.13 -4.39 0.01 6.38 0.38
OPM % 1.11% 5.90% 2.91% -10.89% -50.96% -24.24% 11.16% 3.48% -8.65% -4.98% 0.03% 13.95% 1.76%
0.65 0.04 1.27 0.05 0.19 0.15 2.34 0.06 0.13 0.22 2.13 1.37 0.21
Interest 8.05 8.08 8.12 9.50 8.92 8.86 9.37 10.33 10.78 10.16 2.66 2.56 2.28
Depreciation 6.29 6.44 6.41 6.45 6.50 7.06 6.90 7.13 7.23 7.10 7.05 7.15 7.17
Profit before tax -12.94 -8.77 -10.55 -20.77 -28.97 -28.85 1.60 -13.71 -27.01 -21.43 -7.57 -1.96 -8.86
Tax % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Net Profit -12.94 -8.77 -10.55 -20.77 -28.97 -28.84 1.60 -13.71 -27.01 -21.43 -7.58 -1.96 -8.86
EPS in Rs -0.88 -0.59 -0.72 -1.41 -1.96 -1.95 0.11 -0.93 -1.83 -1.45 -0.51 -0.13 -0.60
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 TTM
319 351 383 408 375 382 390 434 504 337 265 330 186
326 471 380 391 413 396 375 424 415 328 281 340 183
Operating Profit -7 -120 3 17 -38 -14 16 10 88 9 -16 -10 2
OPM % -2% -34% 1% 4% -10% -4% 4% 2% 18% 3% -6% -3% 1%
0 242 1 52 54 77 16 6 2 4 3 3 4
Interest 37 52 49 49 46 31 24 25 29 32 37 34 18
Depreciation 35 35 35 35 12 22 23 23 23 25 27 29 28
Profit before tax -79 35 -80 -13 -43 9 -15 -32 38 -45 -77 -70 -40
Tax % -78% -77% 29% -15% 0% 46% 40% 6% 0% 0% 0% 0%
Net Profit -140 62 -57 -16 -43 5 -9 -30 38 -45 -77 -70 -40
EPS in Rs -24.12 10.68 -9.75 -2.67 -7.31 0.41 -0.60 -2.03 2.59 -3.03 -5.22 -4.73 -2.69
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: -1%
5 Years: -3%
3 Years: -13%
TTM: -54%
Compounded Profit Growth
10 Years: -2%
5 Years: %
3 Years: %
TTM: 41%
Stock Price CAGR
10 Years: -1%
5 Years: -10%
3 Years: 3%
1 Year: -19%
Return on Equity
10 Years: -15%
5 Years: -9%
3 Years: -18%
Last Year: -24%

Balance Sheet

Figures in Rs. Crores

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Sep 2022
58 58 58 58 58 118 148 148 148 148 148 148 148
Reserves 23 51 -5 -21 -67 303 294 265 303 258 181 111 100
235 277 308 304 272 256 244 305 332 393 447 480 458
120 138 150 185 167 113 112 76 82 93 95 66 40
Total Liabilities 437 525 511 526 431 790 798 793 863 891 871 804 746
308 273 238 218 204 680 663 646 626 660 706 687 672
CWIP 2 4 5 0 1 2 2 16 56 66 0 0 0
Investments 0 0 0 0 0 0 0 0 0 0 0 0 0
127 248 268 307 227 109 133 130 181 166 165 117 73
Total Assets 437 525 511 526 431 790 798 793 863 891 871 804 746

Cash Flows

Figures in Rs. Crores

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
38 7 38 19 83 -46 11 -15 48 36 -11 11
-1 1 -1 43 -1 -0 -3 -21 -46 -65 -7 -10
-37 -8 -36 -61 -81 47 -9 35 -2 29 18 -1
Net Cash Flow 0 -0 0 1 0 1 -1 -1 -0 0 -0 -0

Ratios

Figures in Rs. Crores

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Debtor Days 62 47 40 46 20 38 24 20 21 35 38 26
Inventory Days 73 97 83 112 53 47 114 77 139 140 213 109
Days Payable 174 211 175 219 165 130 170 90 105 130 182 96
Cash Conversion Cycle -38 -67 -52 -61 -92 -44 -32 7 55 44 68 40
Working Capital Days -3 -15 -40 -37 -107 -29 9 32 52 60 98 55
ROCE % -11% -9% -8% -5% -16% 5% 1% -1% 9% -2% -5% -5%

Shareholding Pattern

Numbers in percentages

Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022
69.81 69.81 74.76 74.76 74.76 74.76 74.76 74.76 74.76 74.76 74.76 74.76
0.05 0.06 0.05 0.05 0.05 0.05 0.05 0.05 0.05 0.05 0.05 0.05
1.58 1.57 1.57 1.57 1.57 1.57 1.57 1.57 1.57 1.57 1.57 1.57
28.56 28.56 23.61 23.61 23.61 23.61 23.61 23.61 23.61 23.61 23.61 23.61

* The XBRL reporting format changed from Sep'2022 onwards. The new format added details about banks and foreign portfolio investors. These were not available earlier.
The sudden increase in FII or DII might be because of these changes.

Please click on the line-items to see the names of individual entities.

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