Seshasayee Paper & Boards Ltd
Seshasayee Paper & Boards is engaged in the business of manufacture and sale of printing and writing paper.
SPBL is the flagship company of SPB-ESVIN Group headquarted at Chennai. The company was incorporated in the year 1960, Seshasayee Paper has six decades of experience in the Indian paper industry.
- Market Cap ₹ 2,057 Cr.
- Current Price ₹ 325
- High / Low ₹ 422 / 254
- Stock P/E 6.39
- Book Value ₹ 270
- Dividend Yield 1.85 %
- ROCE 37.3 %
- ROE 27.8 %
- Face Value ₹ 2.00
Pros
- Company has reduced debt.
- Company is almost debt free.
- Company has delivered good profit growth of 26.5% CAGR over last 5 years
- Debtor days have improved from 27.4 to 16.7 days.
- Company's working capital requirements have reduced from 28.2 days to 13.6 days
Cons
* 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.
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
601 | 821 | 996 | 998 | 1,008 | 1,108 | 1,105 | 1,325 | 1,184 | 782 | 1,355 | 2,083 | 1,835 | |
502 | 716 | 872 | 908 | 901 | 894 | 897 | 1,029 | 917 | 674 | 1,189 | 1,548 | 1,406 | |
Operating Profit | 99 | 106 | 124 | 89 | 107 | 214 | 207 | 296 | 267 | 108 | 166 | 534 | 429 |
OPM % | 16% | 13% | 12% | 9% | 11% | 19% | 19% | 22% | 23% | 14% | 12% | 26% | 23% |
5 | 4 | 5 | 3 | 4 | 8 | 14 | 23 | 23 | 19 | 17 | 31 | 47 | |
Interest | 24 | 44 | 39 | 37 | 32 | 23 | 14 | 14 | 7 | 3 | 3 | 3 | 3 |
Depreciation | 34 | 49 | 49 | 29 | 29 | 31 | 32 | 34 | 35 | 38 | 41 | 45 | 43 |
Profit before tax | 45 | 16 | 41 | 25 | 50 | 168 | 175 | 271 | 248 | 86 | 139 | 516 | 429 |
Tax % | 24% | -25% | 35% | 32% | 29% | 24% | 30% | 30% | 30% | -16% | 26% | 25% | |
34 | 21 | 27 | 17 | 36 | 128 | 123 | 190 | 173 | 100 | 103 | 387 | 322 | |
EPS in Rs | 6.06 | 3.64 | 4.25 | 2.75 | 5.64 | 20.29 | 19.48 | 30.11 | 27.50 | 15.90 | 16.35 | 61.29 | 51.07 |
Dividend Payout % | 16% | 22% | 19% | 29% | 18% | 10% | 15% | 13% | 14% | 15% | 15% | 9% |
Compounded Sales Growth | |
---|---|
10 Years: | 10% |
5 Years: | 14% |
3 Years: | 21% |
TTM: | -7% |
Compounded Profit Growth | |
---|---|
10 Years: | 34% |
5 Years: | 26% |
3 Years: | 31% |
TTM: | -1% |
Stock Price CAGR | |
---|---|
10 Years: | 23% |
5 Years: | 12% |
3 Years: | 30% |
1 Year: | 19% |
Return on Equity | |
---|---|
10 Years: | 17% |
5 Years: | 18% |
3 Years: | 16% |
Last Year: | 28% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 11 | 11 | 13 | 13 | 13 | 13 | 13 | 13 | 12 | 12 | 12 | 12 | 12 |
Reserves | 299 | 352 | 372 | 380 | 408 | 569 | 689 | 855 | 974 | 1,090 | 1,194 | 1,564 | 1,693 |
220 | 434 | 389 | 328 | 301 | 171 | 149 | 97 | 10 | 8 | 4 | 0 | 0 | |
279 | 320 | 320 | 379 | 390 | 343 | 406 | 446 | 418 | 367 | 400 | 443 | 431 | |
Total Liabilities | 809 | 1,117 | 1,094 | 1,101 | 1,112 | 1,095 | 1,257 | 1,410 | 1,415 | 1,476 | 1,610 | 2,020 | 2,136 |
450 | 712 | 666 | 648 | 625 | 637 | 673 | 672 | 675 | 734 | 815 | 796 | 784 | |
CWIP | 6 | 2 | 9 | 13 | 50 | 41 | 27 | 23 | 31 | 32 | 14 | 20 | 19 |
Investments | 23 | 23 | 32 | 34 | 38 | 84 | 99 | 95 | 84 | 126 | 143 | 152 | 181 |
330 | 379 | 386 | 405 | 399 | 333 | 459 | 620 | 625 | 584 | 638 | 1,052 | 1,151 | |
Total Assets | 809 | 1,117 | 1,094 | 1,101 | 1,112 | 1,095 | 1,257 | 1,410 | 1,415 | 1,476 | 1,610 | 2,020 | 2,136 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
15 | 209 | 66 | 105 | 112 | 200 | 225 | 273 | 165 | -7 | 276 | 328 | |
-6 | -317 | -21 | -20 | -46 | -38 | -50 | -16 | -26 | -53 | -251 | -372 | |
-31 | 176 | -89 | -104 | -65 | -153 | -51 | -89 | -124 | -31 | -22 | -22 | |
Net Cash Flow | -22 | 67 | -44 | -20 | 0 | 9 | 124 | 168 | 15 | -91 | 3 | -66 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 61 | 44 | 44 | 45 | 47 | 35 | 35 | 22 | 25 | 38 | 27 | 17 |
Inventory Days | 181 | 112 | 103 | 116 | 97 | 115 | 147 | 110 | 187 | 413 | 87 | 138 |
Days Payable | 339 | 250 | 162 | 194 | 188 | 168 | 220 | 211 | 215 | 311 | 137 | 134 |
Cash Conversion Cycle | -97 | -94 | -15 | -33 | -44 | -18 | -38 | -79 | -3 | 140 | -23 | 21 |
Working Capital Days | 53 | 3 | 36 | 27 | 24 | -1 | -13 | -17 | 12 | 65 | 6 | 14 |
ROCE % | 11% | 9% | 10% | 9% | 11% | 26% | 23% | 31% | 26% | 8% | 12% | 37% |
Documents
Announcements
- Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 11 Apr
- Board Meeting Intimation for Audited Financial Results Of The Company For The Year Ended March 31, 2024 & Recommendation Of Dividend For The FY 2023-24. 10 Apr
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 3 Apr
- Compliance Certificate Under Regulation 7(3) Of SEBI (LODR) Regulations, 2015 For The Year Ended March 31, 2024 2 Apr
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
2 Apr - Certificate under Regulation 74(5) of the SEBI (DP) Regulation, 2018 for the quarter ended march 31, 2024 received from M/s Integrated Registry Management Services Private …
Annual reports
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2011
from nse
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Financial Year 2010
from bse
Products & Brands
SPBL manufactures a variety of papers such as printing and writing (P&W) grade papers (WPP), packing and wrapping grade papers, specialty grade papers, etc. It markets paper products in the domestic market under the brand name Sprint, Sprint Plus, Swift, and Success, which are among the leading brands in Southern India. [1]