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.
- Market Cap ₹ 1,773 Cr.
- Current Price ₹ 281
- High / Low ₹ 349 / 160
- Stock P/E 4.48
- Book Value ₹ 259
- Dividend Yield 2.13 %
- ROCE 36.5 %
- ROE 27.4 %
- Face Value ₹ 2.00
Pros
- Company has reduced debt.
- Company is almost debt free.
- Stock is trading at 1.08 times its book value
- Company is expected to give good quarter
- Company has delivered good profit growth of 27.0% CAGR over last 5 years
- Debtor days have improved from 27.4 to 16.7 days.
- Company's working capital requirements have reduced from 27.8 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|
820 | 998 | 1,008 | 1,108 | 1,105 | 1,326 | 1,184 | 782 | 1,355 | 2,083 | |
716 | 908 | 901 | 894 | 898 | 1,030 | 917 | 675 | 1,189 | 1,549 | |
Operating Profit | 105 | 90 | 107 | 214 | 207 | 296 | 267 | 108 | 166 | 534 |
OPM % | 13% | 9% | 11% | 19% | 19% | 22% | 23% | 14% | 12% | 26% |
5 | 3 | 4 | 12 | 15 | 25 | 31 | 26 | 24 | 40 | |
Interest | 44 | 37 | 32 | 23 | 14 | 14 | 7 | 3 | 3 | 3 |
Depreciation | 49 | 29 | 29 | 31 | 32 | 34 | 35 | 38 | 41 | 45 |
Profit before tax | 16 | 26 | 50 | 172 | 176 | 273 | 256 | 93 | 146 | 525 |
Tax % | -25% | 32% | 29% | 23% | 30% | 30% | 29% | -15% | 24% | 25% |
Net Profit | 20 | 16 | 36 | 132 | 123 | 192 | 182 | 106 | 110 | 396 |
EPS in Rs | 3.64 | 2.61 | 5.71 | 20.97 | 19.54 | 30.44 | 28.79 | 16.87 | 17.44 | 62.76 |
Dividend Payout % | 25% | 31% | 17% | 10% | 15% | 13% | 13% | 14% | 14% | 9% |
Compounded Sales Growth | |
---|---|
10 Years: | 10% |
5 Years: | 14% |
3 Years: | 21% |
TTM: | 54% |
Compounded Profit Growth | |
---|---|
10 Years: | 34% |
5 Years: | 27% |
3 Years: | 30% |
TTM: | 260% |
Stock Price CAGR | |
---|---|
10 Years: | 21% |
5 Years: | 9% |
3 Years: | 31% |
1 Year: | 50% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 18% |
3 Years: | 16% |
Last Year: | 27% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|
11 | 13 | 13 | 13 | 13 | 13 | 12 | 12 | 12 | 12 | |
Reserves | 352 | 401 | 430 | 592 | 713 | 881 | 1,007 | 1,131 | 1,243 | 1,623 |
434 | 329 | 302 | 171 | 149 | 97 | 10 | 8 | 4 | 0 | |
320 | 380 | 391 | 343 | 406 | 446 | 419 | 367 | 400 | 443 | |
Total Liabilities | 1,118 | 1,123 | 1,135 | 1,118 | 1,281 | 1,436 | 1,448 | 1,518 | 1,660 | 2,079 |
726 | 661 | 638 | 650 | 686 | 685 | 688 | 747 | 828 | 809 | |
CWIP | 2 | 13 | 50 | 41 | 27 | 23 | 31 | 32 | 14 | 20 |
Investments | 11 | 43 | 47 | 93 | 108 | 107 | 103 | 152 | 178 | 197 |
379 | 405 | 399 | 335 | 460 | 621 | 626 | 585 | 640 | 1,054 | |
Total Assets | 1,118 | 1,123 | 1,135 | 1,118 | 1,281 | 1,436 | 1,448 | 1,518 | 1,660 | 2,079 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|
209 | 105 | 112 | 200 | 225 | 273 | 165 | -7 | 274 | 329 | |
-317 | -20 | -46 | -36 | -50 | -16 | -26 | -54 | -250 | -372 | |
176 | -104 | -66 | -154 | -51 | -89 | -124 | -31 | -22 | -22 | |
Net Cash Flow | 68 | -20 | 0 | 10 | 124 | 168 | 15 | -91 | 3 | -66 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 44 | 45 | 47 | 35 | 35 | 22 | 25 | 38 | 27 | 17 |
Inventory Days | 112 | 116 | 97 | 115 | 147 | 110 | 187 | 413 | 87 | 89 |
Days Payable | 251 | 194 | 188 | 168 | 220 | 211 | 215 | 311 | 137 | 86 |
Cash Conversion Cycle | -95 | -33 | -44 | -18 | -38 | -79 | -3 | 140 | -23 | 20 |
Working Capital Days | 3 | 27 | 24 | -1 | -13 | -17 | 12 | 65 | 5 | 14 |
ROCE % | 11% | 26% | 22% | 31% | 26% | 9% | 12% | 37% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Newspaper Publication
27 May - Copies of the Notice to the Shareholders Meeting published in the newspapers, "Business Standard" and Dinamalar dated 26.05.2023, for the 63rd Annual General Meeting of …
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Furnishing PAN, KYC Details And Nomination
25 May - The Letters for Updating KYC Information (including PAN, Nomination, etc.) has been dispatched by the Company through Ordinary Post on 15.05.2023, to all the equity …
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Announcement under Regulation 30 (LODR)-Newspaper Publication
25 May - Copies of the Notice to the Shareholders published in the newspapers, "Business Standard" and Maalai Malar dated 23 05 2023, for the 63rd Annual General …
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Announcement under Regulation 30 (LODR)-Newspaper Publication
25 May - Newspaper advertisement about transfer of unclaimed shares to IEPF Demat Account
- Annual General Meeting 24 May
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
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Financial Year 2010
from nse
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]