Seshasayee Paper & Boards Ltd
Seshasayee Paper & Boards is engaged in 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.
Production Capacity #
Company has two manufacturing units in the state of Tamil Nadu. During the year 2019, the company had a cumulative production of 209,015 tonnes of paper.
- Market Cap ₹ 1,059 Cr.
- Current Price ₹ 168
- High / Low ₹ 184 / 80.0
- Stock P/E 11.7
- Book Value ₹ 167
- Dividend Yield 2.08 %
- ROCE 26.0 %
- ROE 19.0 %
- Face Value ₹ 2.00
Pros
- Company has reduced debt.
- Company is almost debt free.
- Stock is trading at 1.00 times its book value
Cons
- The company has delivered a poor sales growth of 3.48% over past five years.
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Jun 2018 | Sep 2018 | Dec 2018 | Mar 2019 | Jun 2019 | Sep 2019 | Dec 2019 | Mar 2020 | Jun 2020 | Sep 2020 | Dec 2020 | |
---|---|---|---|---|---|---|---|---|---|---|---|
274.90 | 331.30 | 354.55 | 364.76 | 278.51 | 299.95 | 285.46 | 320.33 | 139.23 | 150.42 | 164.52 | |
227.98 | 249.17 | 271.64 | 281.63 | 216.24 | 227.80 | 217.63 | 255.64 | 107.75 | 122.39 | 150.72 | |
Operating Profit | 46.92 | 82.13 | 82.91 | 83.13 | 62.27 | 72.15 | 67.83 | 64.69 | 31.48 | 28.03 | 13.80 |
OPM % | 17.07% | 24.79% | 23.38% | 22.79% | 22.36% | 24.05% | 23.76% | 20.19% | 22.61% | 18.63% | 8.39% |
Other Income | 2.96 | 6.10 | 4.21 | 12.69 | 6.52 | 10.20 | 8.13 | 7.13 | 7.42 | 9.48 | 3.51 |
Interest | 3.79 | 3.56 | 3.41 | 3.05 | 2.87 | 2.04 | 1.13 | 0.85 | 0.72 | 0.88 | 0.71 |
Depreciation | 8.92 | 9.01 | 9.01 | 6.88 | 9.07 | 9.17 | 9.16 | 7.63 | 9.16 | 9.27 | 9.46 |
Profit before tax | 37.17 | 75.66 | 74.70 | 85.89 | 56.85 | 71.14 | 65.67 | 63.34 | 29.02 | 27.36 | 7.14 |
Tax % | 28.81% | 31.34% | 32.76% | 26.17% | 31.38% | 29.87% | 30.23% | 24.20% | 33.49% | 31.25% | 34.87% |
Net Profit | 26.46 | 51.95 | 50.23 | 63.41 | 39.01 | 49.89 | 45.82 | 48.01 | 19.30 | 18.81 | 4.65 |
EPS in Rs | 4.19 | 8.23 | 7.96 | 10.05 | 6.18 | 7.91 | 7.27 | 7.61 | 3.06 | 2.98 | 0.74 |
Notes | Notes | Notes | Notes | Notes | Notes | Notes | Notes | Notes | Notes | Notes |
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | TTM | |
---|---|---|---|---|---|---|---|---|
820 | 998 | 1,008 | 1,108 | 1,105 | 1,326 | 1,184 | 774 | |
716 | 908 | 901 | 894 | 898 | 1,030 | 917 | 636 | |
Operating Profit | 105 | 90 | 107 | 214 | 207 | 296 | 267 | 138 |
OPM % | 13% | 9% | 11% | 19% | 19% | 22% | 23% | 18% |
Other Income | 5 | 3 | 4 | 12 | 15 | 25 | 32 | 28 |
Interest | 44 | 37 | 32 | 23 | 14 | 14 | 7 | 3 |
Depreciation | 49 | 29 | 29 | 31 | 32 | 34 | 35 | 36 |
Profit before tax | 16 | 26 | 50 | 172 | 176 | 273 | 257 | 127 |
Tax % | -25% | 32% | 29% | 23% | 30% | 30% | 29% | |
Net Profit | 20 | 16 | 36 | 132 | 123 | 192 | 183 | 91 |
EPS in Rs | 3.64 | 2.61 | 5.71 | 20.97 | 19.54 | 30.44 | 28.97 | 14.39 |
Dividend Payout % | 25% | 31% | 17% | 10% | 15% | 13% | 14% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 3% |
3 Years: | 2% |
TTM: | -37% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 58% |
3 Years: | 11% |
TTM: | -54% |
Stock Price CAGR | |
---|---|
10 Years: | 15% |
5 Years: | 28% |
3 Years: | -1% |
1 Year: | 20% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 20% |
3 Years: | 20% |
Last Year: | 19% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Sep 2020 | |
---|---|---|---|---|---|---|---|---|
11 | 13 | 13 | 13 | 13 | 13 | 13 | 13 | |
Reserves | 351 | 401 | 430 | 592 | 713 | 881 | 1,019 | 1,042 |
Borrowings | 434 | 329 | 302 | 171 | 149 | 97 | 10 | 6 |
322 | 380 | 391 | 343 | 406 | 446 | 418 | 434 | |
Total Liabilities | 1,118 | 1,123 | 1,135 | 1,118 | 1,281 | 1,436 | 1,461 | 1,494 |
726 | 661 | 638 | 650 | 686 | 685 | 688 | 693 | |
CWIP | 2 | 13 | 50 | 41 | 27 | 23 | 31 | 47 |
Investments | 11 | 43 | 47 | 93 | 108 | 107 | 103 | 116 |
379 | 405 | 399 | 335 | 460 | 621 | 638 | 637 | |
Total Assets | 1,118 | 1,123 | 1,135 | 1,118 | 1,281 | 1,436 | 1,461 | 1,494 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | |
---|---|---|---|---|---|---|---|
209 | 105 | 112 | 200 | 225 | 273 | 166 | |
-317 | -20 | -46 | -36 | -50 | -16 | -27 | |
176 | -104 | -66 | -154 | -51 | -89 | -124 | |
Net Cash Flow | 68 | -20 | 0 | 10 | 124 | 168 | 15 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | |
---|---|---|---|---|---|---|---|
ROCE % | 11% | 26% | 22% | 31% | 26% | ||
Debtor Days | 44 | 45 | 47 | 35 | 35 | 22 | 25 |
Inventory Turnover | 4.50 | 4.35 | 3.73 | 4.14 | 3.11 |
Documents
Add documentRecent announcements
- Announcement under Regulation 30 (LODR)-Newspaper Publication 9 Feb
- Financial Results For The Quarter And Nine Months Ended 31St December 2020. 6 Feb
- Announcement under Regulation 30 (LODR)-Newspaper Publication 25 Jan
- Board Meeting Intimation for To Consider And Approve The Standalone And Consolidated Un-Audited Financial Results For The Quarter / Nine Months Ended December 31, 2020 22 Jan
- Shareholding for the Period Ended December 31, 2020 12 Jan
View all
Annual reports
- Financial Year 2020 from bse
- Financial Year 2019 from bse
- Financial Year 2018 from bse
- Financial Year 2017 from bse
- Financial Year 2016 from bse
- Financial Year 2015 from bse
- Financial Year 2014 from bse
- Financial Year 2013 from bse
- Financial Year 2012 from bse
- Financial Year 2011 from bse
- Financial Year 2011 from nse
- Financial Year 2010 from bse
- Financial Year 2010 from nse