Price
Financials
Standalone, Rs crore| Mar 2013 | Jun 2013 | Sep 2013 | Dec 2013 | Mar 2014 | Jun 2014 | Sep 2014 | |
|---|---|---|---|---|---|---|---|
| Sales | 103 | 99 | 101 | 109 | 114 | 107 | 86 |
| Expenses | 106 | 105 | 117 | 113 | 110 | 112 | 109 |
| Operating Profit | -3 | -6 | -16 | -4 | 4 | -4 | -23 |
| OPM % | -2.8% | -6% | -16% | -3.5% | 3.8% | -4.0% | -27% |
| Other Income | 1 | 0 | 1 | 0 | 0 | 0 | 0 |
| Interest | 8 | 10 | 10 | 11 | 10 | 11 | 12 |
| Depreciation | 7 | 7 | 7 | 7 | 7 | 5 | 5 |
| Profit before tax | -17 | -23 | -33 | -22 | -13 | -21 | -40 |
| Tax % | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Net Profit | -17 | -23 | -33 | -22 | -13 | -21 | -40 |
| EPS in Rs | -10.33 | -14.06 | -19.42 | -12.92 | -7.61 | -12.16 | -23.47 |
| Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2018 | Mar 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 233 | 242 | 243 | 346 | 335 | 365 | 390 | 354 | 420 | 0 | 1 |
| Expenses | 216 | 216 | 217 | 300 | 296 | 329 | 350 | 392 | 445 | 32 | 6 |
| Operating Profit | 18 | 25 | 26 | 47 | 40 | 35 | 39 | -38 | -24 | -32 | -5 |
| OPM % | 8% | 11% | 11% | 13% | 12% | 10% | 10% | -11% | -6% | -501% | |
| Other Income | 14 | 5 | 9 | 12 | 13 | 12 | 11 | 9 | 10 | 2 | 1 |
| Interest | 6 | 5 | 6 | 32 | 34 | 35 | 42 | 45 | 48 | 0 | 2 |
| Depreciation | 10 | 10 | 12 | 28 | 30 | 30 | 30 | 29 | 29 | 16 | 6 |
| Profit before tax | 16 | 15 | 17 | -1 | -10 | -18 | -22 | -103 | -91 | -46 | -12 |
| Tax % | 10% | 13% | -94% | 23% | 13% | -1% | -22% | -5% | 0% | 0% | 0% |
| Net Profit | 15 | 13 | 33 | -2 | -12 | -18 | -17 | -97 | -91 | -46 | -12 |
| EPS in Rs | -11.28 | -10.90 | -59.08 | -53.56 | -27.29 | -6.88 | |||||
| Dividend Payout % | 26% | 39% | 16% | -137% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | -45% | -70% | % | % | ||
| Compounded Profit Growth | % | 13% | % | 75% | ||
| Stock Price CAGR | % | % | % | % | ||
| Return on Equity | % | % | % | % |
| Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2018 | Mar 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 11 | 15 | 15 | 15 | 15 | 16 | 16 | 16 | 17 | 17 | 182 |
| Reserves | 194 | 223 | 246 | 239 | 225 | 208 | 189 | 89 | -3 | -267 | -7 |
| Borrowings | 140 | 247 | 273 | 300 | 297 | 281 | 310 | 348 | 382 | 370 | 213 |
| Other Liabilities | 102 | 116 | 105 | 123 | 111 | 119 | 122 | 143 | 169 | 168 | 33 |
| Total Liabilities | 447 | 600 | 639 | 677 | 647 | 624 | 637 | 595 | 565 | 288 | 420 |
| Fixed Assets | 202 | 220 | 269 | 516 | 510 | 483 | 448 | 418 | 399 | 250 | 75 |
| CWIP | 125 | 263 | 276 | 23 | 7 | 5 | 10 | 9 | 0 | 0 | 276 |
| Investments | 17 | 3 | 4 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 102 | 114 | 90 | 138 | 130 | 135 | 178 | 168 | 166 | 39 | 70 |
| Total Assets | 447 | 600 | 639 | 677 | 647 | 624 | 637 | 595 | 565 | 288 | 420 |
| Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2018 | Mar 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 24 | 33 | 49 | 30 | 33 | 47 | -0 | -9 | -1 | -1 | -61 |
| Cash from Investing Activity | -90 | -158 | -78 | -19 | -9 | -6 | -2 | -5 | -2 | 0 | -96 |
| Cash from Financing Activity | 63 | 136 | 19 | -6 | -31 | -37 | -1 | 13 | 1 | 1 | 166 |
| Net Cash Flow | -3 | 11 | -10 | 5 | -7 | 4 | -3 | -0 | -2 | 0 | 9 |
| Free Cash Flow | -74 | -139 | -29 | 6 | 24 | 41 | -2 | -8 | -3 | -1 | -158 |
| CFO/OP | 148% | 134% | 178% | 67% | 84% | 134% | -0% | 28% | 4% | 3% | 1,290% |
| Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2018 | Mar 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 38 | 24 | 35 | 64 | 53 | 54 | 59 | 65 | 52 | 0 | |
| Inventory Days | 132 | 156 | 111 | 154 | 158 | 76 | 113 | 86 | 74 | 13,365 | |
| Days Payable | 258 | 263 | 278 | 310 | 231 | 117 | 139 | 169 | 151 | 6,166 | |
| Cash Conversion Cycle | -88 | -82 | -132 | -92 | -19 | 13 | 32 | -17 | -26 | 7,199 | |
| Working Capital Days | 27 | 2 | -20 | 13 | 28 | 49 | 68 | 51 | 19 | 7,346 | |
| ROCE % | 5% | 4% | 5% | 4% | 3% | 4% | -12% | -10% | -4% |
| Jun 2016 | Sep 2016 | Dec 2016 | Mar 2017 | Jun 2017 | Sep 2017 | Dec 2017 | Mar 2018 | |
|---|---|---|---|---|---|---|---|---|
| Promoters | 49.91% | 49.91% | 49.91% | 49.91% | 49.91% | 49.91% | 49.91% | 49.91% |
| DIIs | 9.97% | 9.72% | 9.72% | 9.72% | 9.72% | 9.72% | 9.72% | 9.72% |
| Government | 1.37% | 1.37% | 1.37% | 1.37% | 1.37% | 1.37% | 1.37% | 1.37% |
| Public | 38.75% | 39.01% | 39.01% | 39.01% | 39.01% | 39.01% | 39.01% | 39.01% |
| No. of Shareholders | 8,514 | 8,508 | 8,510 | 8,509 | 8,509 | 8,509 | 8,518 | 8,527 |
Fundamentals
Market Cap₹ 18.1 Cr.
Current Price₹ 10.6
Book Value₹ 103
ROCE-3.81 %
ROE%
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)%
Compounded Profit Growth (TTM)75%
Standalone figures.
Valuation
Market capRs 14 Cr
Enterprise valueRs 216 Cr
Price to book0.08x
Price to sales0.03x
EV / sales0.53x
Earnings yield-682.01%
P/B, 3-year average0.95x
P/B, 5-year average0.70x
Profitability
Operating margin (excl. other income)-501.05%
Operating margin (incl. other income)-390.53%
EBITDA margin-6.57%
Pre-tax margin-23.07%
Net profit margin-23.07%
Net margin, latest quarter-20.12%
ROE31.34%
ROCE-3.81%
ROA-3.30%
ROE, 3-year average-27.28%
ROCE, 3-year average-10.61%
ROA, 3-year average-9.95%
ROE, 5-year average-30.53%
ROCE, 5-year average-7.98%
ROA, 5-year average-9.67%
ROIC (approx.)-14.85%
Other income / net worth0.60%
Growth
Sales CAGR, 3 years-86.10%
Sales CAGR, 5 years-69.58%
Sales growth QoQ8.09%
Per share
EPS (TTM)Rs -55.92
EPS (latest year)Rs -0.64
EPS (latest quarter)Rs -12.92
EPS, 3-year averageRs -27.15
EPS, 5-year averageRs -30.28
Book value per shareRs 103.01
Sales per shareRs 242.46
Cash flow per shareRs -36.13
Free cash flow per shareRs -92.98
Efficiency
Asset turnover0.00x
Fixed asset turnover0.01x
Inventory turnover0.03x
Inventory days12775 days
Creditor days6166 days
Cash conversion cycle7199 days
Working capital days7346 days
Leverage
Total debtRs 213 Cr
Cash and bankRs 10 Cr
Net debtRs 202 Cr
Debt to equity1.21x
Interest coverage-1.44x
Owners' fund to total sources41.64%
Debt to assets50.56%
Cash flow
Cash from Operating Activity (latest year)Rs -61 Cr
Cash from Investing Activity (latest year)Rs -96 Cr
Cash from Financing Activity (latest year)Rs 166 Cr
Net Cash Flow (latest year)Rs 9 Cr
Free cash flow (latest year)Rs -158 Cr
FCFE (approx.: FCF + change in debt)Rs -316 Cr
Statement figures
Net sales (TTM)Rs 412 Cr
Net sales (latest year)Rs 1 Cr
Sales (latest quarter)Rs 109 Cr
Operating profit excl. other income (latest year)Rs -5 Cr
Operating profit (latest quarter)Rs -4 Cr
Other income (TTM)Rs 2 Cr
EBITDA (TTM)Rs -27 Cr
PBDT (TTM)Rs -66 Cr
Profit before tax (TTM)Rs -95 Cr
Net profit (TTM)Rs -95 Cr
Net profit (latest year)Rs -12 Cr
Net profit (latest quarter)Rs -22 Cr
Depreciation (TTM)Rs 29 Cr
Depreciation (latest quarter)Rs 7 Cr
Interest (TTM)Rs 39 Cr
Cost of goods sold (latest year)Rs 1 Cr
Total expenditure (latest year)Rs 6 Cr
Total income (latest year)Rs 2 Cr
Share capitalRs 182 Cr
ReservesRs -7 Cr
Shareholders' fundsRs 175 Cr
Total assetsRs 420 Cr
Net blockRs 75 Cr
Capital work in progressRs 276 Cr
InventoryRs 24 Cr
Other liabilitiesRs 33 Cr
Shares outstanding (crore)1.70
Ownership
Promoter holding49.91% (+0.00 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
Not enough history to build valuation bands (needs two years of profits and prices).
| Period | SIRPAPER | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | -4.7% | -2.8% | -1.9 pts |
| 1 month | -18.0% | -6.8% | -11.2 pts |
| 3 months | -20.0% | -7.6% | -12.4 pts |
| 6 months | -41.2% | +0.4% | -41.6 pts |
| 1 year | -61.0% | -9.9% | -51.0 pts |
| 2 years | -72.5% | -13.6% | -58.9 pts |
| 3 years | -67.8% | +14.2% | -82.0 pts |
| 5 years | -83.5% | +27.9% | -111.3 pts |
Red flags
F-score 3 of 6| explain | High accruals Profit exceeded operating cash by 12% of total assets in 2019 |
| look | Repeated losses Net loss in each of the last two years |
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
Sep 2014Sales ₹86 Cr -14.9% vs Sep 2013.
Net loss ₹40 Cr.
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.
| Ex-date | Action | Factor |
|---|---|---|
| 2017-09-21 | Annual General Meeting | |
| 2017-06-01 | Annual General Meeting | |
| 2015-12-22 | Annual General Meeting | |
| 2014-09-23 | Annual General Meeting | |
| 2013-09-19 | Annual General Meeting | |
| 2012-09-20 | Annual General Meeting | |
| 2011-09-22 | Annual General Meeting | |
| 2010-09-23 | Annual General Meeting | |
| 2009-09-03 | Agm/Div-Rs.1.50 Per Share | |
| 2008-08-21 | Agm/Div. - Rs.3.50 Per Sh | |
| 2007-09-05 | Agm/Dividend-35% | |
| 2006-07-19 | Agm/Final Dividend-10% |
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 Sirpur Paper Mills Ltd?
Sirpur Paper Mills Ltd (SIRPAPER) has a market capitalisation of Rs 18.1 Cr. at the 2016-03-21 close.
What were Sirpur Paper Mills Ltd's latest quarterly results?
In the Sep 2014 quarter, Sirpur Paper Mills Ltd sales was Rs 86 Cr (-14.9% vs Sep 2013) with a net loss of Rs 40 Cr.