Price
Financials
Standalone, Rs crore| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 72.80 | 71.91 | 90.66 | 89.83 | 101.77 | 83.57 | 94.14 | 106.89 | 111.57 | 101.37 | 113.99 | 117.58 |
| Expenses | 68.16 | 67.20 | 85.38 | 85.07 | 95.34 | 79.35 | 88.10 | 96.48 | 98.65 | 89.19 | 98.91 | 102.33 |
| Operating Profit | 4.64 | 4.71 | 5.28 | 4.76 | 6.43 | 4.22 | 6.04 | 10.41 | 12.92 | 12.18 | 15.08 | 15.25 |
| OPM % | 6.37% | 6.55% | 5.82% | 5.30% | 6.32% | 5.05% | 6.42% | 9.74% | 11.58% | 12.02% | 13.23% | 12.97% |
| Other Income | 0.14 | 0.14 | 0.42 | 0.49 | 0.96 | 0.36 | 0.15 | 0.15 | 0.16 | 0.07 | 0.30 | 0.17 |
| Interest | 4.73 | 4.71 | 4.81 | 4.92 | 4.87 | 4.89 | 4.94 | 5.10 | 5.16 | 4.90 | 5.11 | 4.58 |
| Depreciation | 4.56 | 4.40 | 4.46 | 4.13 | 4.13 | 4.14 | 4.17 | 4.15 | 4.16 | 4.17 | 4.17 | 4.18 |
| Profit before tax | -4.51 | -4.26 | -3.57 | -3.80 | -1.61 | -4.45 | -2.92 | 1.31 | 3.76 | 3.18 | 6.10 | 6.66 |
| Tax % | -25.28% | -25.12% | -23.81% | -25.26% | -25.47% | -25.17% | -22.60% | 25.19% | 25.27% | 25.16% | 25.08% | 25.23% |
| Net Profit | -3.38 | -3.19 | -2.73 | -2.84 | -1.21 | -3.33 | -2.26 | 0.98 | 2.81 | 2.37 | 4.57 | 4.98 |
| EPS in Rs | -1.80 | -1.70 | -1.46 | -1.51 | -0.65 | -1.78 | -1.21 | 0.52 | 1.50 | 1.26 | 2.44 | 2.66 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 206 | 195 | 134 | 241 | 216 | 226 | 304 | 287 | 311 | 367 | 431 | 445 |
| Expenses | 170 | 164 | 122 | 204 | 182 | 188 | 266 | 293 | 293 | 346 | 380 | 389 |
| Operating Profit | 36 | 31 | 13 | 37 | 35 | 38 | 38 | -6 | 17 | 22 | 51 | 55 |
| OPM % | 18% | 16% | 9% | 15% | 16% | 17% | 12% | -2.1% | 6% | 6% | 12% | 12% |
| Other Income | 9 | 1 | 2 | 1 | 1 | 3 | 3 | 14 | 1 | 2 | 1 | 1 |
| Interest | 2 | 4 | 5 | 5 | 4 | 5 | 6 | 16 | 19 | 20 | 21 | 20 |
| Depreciation | 8 | 10 | 9 | 10 | 10 | 10 | 9 | 16 | 18 | 17 | 17 | 17 |
| Profit before tax | 35 | 18 | 1 | 23 | 21 | 27 | 26 | -24 | -18 | -13 | 14 | 20 |
| Tax % | 31% | 34% | -19% | 21% | 25% | 28% | 16% | -31% | -25% | -25% | 25% | |
| Net Profit | 24 | 12 | 1 | 18 | 16 | 19 | 22 | -17 | -13 | -10 | 11 | 15 |
| EPS in Rs | 16.06 | 7.97 | 0.63 | 12.25 | 10.63 | 12.70 | 14.44 | -8.89 | -7.16 | -5.14 | 5.73 | 7.86 |
| Dividend Payout % | 19% | 19% | 158% | 12% | 14% | 8% | 7% | 0% | 0% | 0% | 0% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | 8% | 14% | 15% | 15% | ||
| Compounded Profit Growth | -6% | -9% | 33% | 320% | ||
| Stock Price CAGR | -2% | -4% | 3% | 59% | ||
| Return on Equity | 2% | -2% | -2% | 5% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 15 | 15 | 15 | 15 | 15 | 15 | 15 | 15 | 19 | 19 | 19 | 19 |
| Reserves | 93 | 112 | 126 | 125 | 141 | 154 | 171 | 191 | 215 | 202 | 192 | 204 |
| Borrowings | 17 | 34 | 45 | 53 | 38 | 42 | 100 | 199 | 192 | 198 | 175 | 156 |
| Other Liabilities | 37 | 55 | 44 | 42 | 45 | 42 | 53 | 66 | 65 | 38 | 57 | 71 |
| Total Liabilities | 162 | 216 | 230 | 235 | 239 | 253 | 339 | 471 | 490 | 457 | 443 | 449 |
| Fixed Assets | 79 | 114 | 136 | 130 | 132 | 128 | 120 | 304 | 343 | 331 | 317 | 305 |
| CWIP | 2 | 16 | 11 | 15 | 8 | 15 | 106 | 39 | 17 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 82 | 86 | 83 | 90 | 99 | 110 | 113 | 127 | 129 | 125 | 125 | 144 |
| Total Assets | 162 | 216 | 230 | 235 | 239 | 253 | 339 | 471 | 490 | 457 | 443 | 449 |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 15 | 30 | 26 | -2 | 39 | 40 | 22 | 39 | 1 | -18 | 40 | 43 |
| Cash from Investing Activity | -7 | -44 | -29 | 1 | -12 | -31 | -77 | -105 | -13 | -1 | 2 | -1 |
| Cash from Financing Activity | -4 | 12 | 3 | -2 | -21 | -3 | 51 | 84 | 18 | -12 | -41 | -39 |
| Net Cash Flow | 3 | -2 | 1 | -2 | 5 | 6 | -4 | 18 | 5 | -32 | 1 | 2 |
| Free Cash Flow | 7 | -23 | -3 | -1 | 26 | 8 | -57 | -66 | -13 | -20 | 38 | 39 |
| CFO/OP | 68% | 106% | 103% | -13% | 121% | 125% | 68% | 111% | -58% | -105% | 185% | 83% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 60 | 64 | 56 | 104 | 60 | 50 | 75 | 58 | 56 | 69 | 58 | 65 |
| Inventory Days | 123 | 103 | 109 | 197 | 120 | 126 | 107 | 83 | 94 | 88 | 77 | 69 |
| Days Payable | 54 | 69 | 60 | 98 | 71 | 52 | 57 | 52 | 76 | 37 | 30 | 34 |
| Cash Conversion Cycle | 129 | 98 | 105 | 203 | 108 | 123 | 125 | 88 | 74 | 120 | 106 | 100 |
| Working Capital Days | 61 | 35 | 56 | 109 | 71 | 44 | 27 | -14 | -25 | 2 | -8 | 7 |
| ROCE % | 19% | 20% | 13% | 2% | 14% | 13% | 11% | 8% | -5% | 0% | 1% | 9% |
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 33.16% | 33.16% | 33.16% | 33.14% | 33.11% | 33.06% | 32.63% | 31.28% | 30.85% | 27.91% | 27.81% | 27.82% |
| DIIs | 0.07% | 0.07% | 0.07% | 0.07% | 0.07% | 0.07% | 0.07% | 0.07% | 0.08% | 0.07% | 0.07% | 0.07% |
| Government | 0.32% | 0.32% | 0.32% | 0.32% | 0.32% | 0.32% | 0.32% | 0.32% | 0.32% | 0.32% | 0.32% | 0.32% |
| Public | 66.45% | 66.45% | 66.46% | 66.46% | 66.48% | 66.54% | 66.98% | 68.33% | 68.76% | 71.69% | 71.79% | 71.80% |
| No. of Shareholders | 4,649 | 4,700 | 4,827 | 5,418 | 5,189 | 5,072 | 5,039 | 5,018 | 5,052 | 5,105 | 4,917 | 4,774 |
Fundamentals
Market Cap₹ 219 Cr.
Current Price₹ 117
Stock P/E14.9
Book Value₹ 119
ROCE9.07 %
ROE4.76 %
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)15%
Compounded Profit Growth (TTM)320%
Standalone figures.
Valuation
Market capRs 221 Cr
Enterprise valueRs 374 Cr
P/E (TTM)15.02x
Price to book1.00x
Price to sales0.50x
EV / EBITDA6.66x
EV / EBIT9.48x
EV / sales0.84x
Price to cash flow5.20x
Earnings yield6.66%
P/E, 3-year average15.02x
P/B, 3-year average0.70x
P/E, 5-year average13.23x
P/B, 5-year average0.84x
Profitability
Operating margin (excl. other income)11.81%
Operating margin (incl. other income)11.97%
EBITDA margin12.63%
Pre-tax margin4.43%
Net profit margin3.31%
Net margin, latest quarter4.24%
ROE4.96%
ROCE9.16%
ROA2.41%
ROE, 3-year average-1.81%
ROCE, 3-year average3.71%
ROA, 3-year average-0.86%
ROE, 5-year average-0.39%
ROCE, 5-year average3.70%
ROA, 5-year average-0.14%
ROIC (approx.)7.88%
Tax rate25.16%
Other income / net worth0.31%
Growth
Sales growth (latest year)17.45%
Sales CAGR, 3 years14.60%
Sales CAGR, 5 years13.85%
Profit CAGR, 5 years-10.83%
Sales growth QoQ3.15%
Profit growth QoQ8.97%
Sales growth YoY (latest quarter)10.00%
Profit growth YoY (latest quarter)408.16%
Per share
EPS (TTM)Rs 7.86
EPS (latest year)Rs 5.73
EPS (latest quarter)Rs 2.66
EPS, 3-year averageRs -2.19
EPS, 5-year averageRs -0.21
Book value per shareRs 118.55
Sales per shareRs 237.07
Cash flow per shareRs 22.69
Free cash flow per shareRs 20.80
Dividend per share, 5-year averageRs 1.00
Dividends
Dividend payout, 5-year average6.93%
Efficiency
Asset turnover0.96x
Fixed asset turnover1.42x
Inventory turnover6.84x
Inventory days53 days
Debtor days65 days
Debtors turnover5.65x
Creditor days34 days
Cash conversion cycle100 days
Working capital days7 days
Leverage
Total debtRs 156 Cr
Cash and bankRs 3 Cr
Net debtRs 153 Cr
Debt to equity0.70x
Net debt / EBITDA2.72x
Interest coverage2.00x
Owners' fund to total sources49.54%
Debt to assets34.74%
Cash flow
Cash from Operating Activity (latest year)Rs 43 Cr
Cash from Investing Activity (latest year)Rs -1 Cr
Cash from Financing Activity (latest year)Rs -39 Cr
Net Cash Flow (latest year)Rs 2 Cr
Free cash flow (latest year)Rs 39 Cr
FCFE (approx.: FCF + change in debt)Rs 20 Cr
Sales to cash flow10.14x
Statement figures
Net sales (TTM)Rs 445 Cr
Net sales (latest year)Rs 431 Cr
Sales (latest quarter)Rs 118 Cr
Operating profit excl. other income (latest year)Rs 51 Cr
Operating profit (latest quarter)Rs 15 Cr
Other income (TTM)Rs 1 Cr
EBITDA (TTM)Rs 56 Cr
PBDT (TTM)Rs 36 Cr
Profit before tax (TTM)Rs 20 Cr
Tax (latest year)Rs 4 Cr
Net profit (TTM)Rs 15 Cr
Net profit (latest year)Rs 11 Cr
Net profit (latest quarter)Rs 5 Cr
Depreciation (TTM)Rs 17 Cr
Depreciation (latest quarter)Rs 4 Cr
Interest (TTM)Rs 20 Cr
Cost of goods sold (latest year)Rs 325 Cr
Total expenditure (latest year)Rs 380 Cr
Total income (latest year)Rs 432 Cr
Share capitalRs 19 Cr
ReservesRs 204 Cr
Shareholders' fundsRs 222 Cr
Total assetsRs 449 Cr
Net blockRs 305 Cr
Capital work in progressRs 0 Cr
InvestmentsRs 0 Cr
ReceivablesRs 76 Cr
InventoryRs 47 Cr
Other liabilitiesRs 71 Cr
Shares outstanding (crore)1.88
Ownership
Promoter holding27.82% (-3.46 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/E 15.0 is at the 58th percentile of its own 6.8-year range
(median 14.0, low 4.3, high 223.0).
P/B 1.00 is at the 55th percentile (median 0.96).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
| Period | 516108 | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | +1.4% | -2.8% | +4.2 pts |
| 1 month | -2.6% | -6.8% | +4.2 pts |
| 3 months | +8.1% | -7.6% | +15.7 pts |
| 3 years | +9.3% | +14.2% | -4.9 pts |
| 5 years | -16.1% | +27.9% | -44.0 pts |
Red flags
F-score 8 of 8No red flags in the latest statements and filings.
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.
Latest quarter
Jun 2026Sales ₹118 Cr +10.0% vs Jun 2025.
Net profit ₹5 Cr +408.2%.
Activity
Compare| Company | Mcap (Cr) | P/E | ROCE |
|---|---|---|---|
| JK Paper Ltd | 7,096 | 21.7 | 7.39 % |
| West Coast Paper Mills Ltd | 4,641 | 20.2 | 6.17 % |
| Seshasayee Paper & Boards Ltd | 1,535 | 15.5 | 5.60 % |
| Andhra Paper Ltd | 1,427 | 51.7 | 0.04 % |
| N R Agarwal Industries Ltd | 1,125 | 17.0 | 8.49 % |
| Tamil Nadu Newsprint & Papers Ltd | 1,053 | 4.04 | 6.41 % |
| Pudumjee Paper Products Ltd | 898 | 9.86 | 18.1 % |
| Emami Paper Mills Ltd | 718 | 7.60 | 11.4 % |
| Satia Industries Ltd | 687 | 3.94 % | |
| Kuantum Papers Ltd | 671 | 18.6 | 5.24 % |
| Prabhatam Infra Venture Ltd | 614 | -97.1 % | |
| Shree Rama Newsprint Ltd | 464 | 0.93 % | |
| Pakka Ltd | 350 | 25.2 | 3.31 % |
| Orient Paper & Industries Ltd | 343 | -4.24 % | |
| Ruchira Papers Ltd | 313 | 9.39 | 11.1 % |
No bulk or block deals on record.
No corporate actions on record.
No announcements in our files yet.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Not on any NSE surveillance list in the latest file.
Quick answers
What is the market cap of South India Paper Mills Ltd?
South India Paper Mills Ltd (516108) has a market capitalisation of Rs 219 Cr. at the 2026-10-01 close.
What is the P/E ratio of South India Paper Mills Ltd?
South India Paper Mills Ltd trades at a P/E of 14.9 on trailing twelve-month profit, at the 2026-10-01 close.
What were South India Paper Mills Ltd's latest quarterly results?
In the Jun 2026 quarter, South India Paper Mills Ltd sales was Rs 118 Cr (+10.0% vs Jun 2025) and net profit was Rs 5 Cr.