Shree Rama Newsprint Limited manufactures and sells newsprint, and writing and printing papers in India.
Imperfect balance sheet and overvalued.
Share Price & News
How has Shree Rama Newsprint's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 500356's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: 500356 exceeded the Indian Forestry industry which returned -44.7% over the past year.
Return vs Market: 500356 underperformed the Indian Market which returned -8.7% over the past year.
Price Volatility Vs. Market
How volatile is Shree Rama Newsprint's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Shree Rama Newsprint undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: 500356 (₹15.5) is trading above our estimate of fair value (₹2.82)
Significantly Below Fair Value: 500356 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 500356 is unprofitable, so we can't compare its PE Ratio to the Forestry industry average.
PE vs Market: 500356 is unprofitable, so we can't compare its PE Ratio to the Indian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 500356's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 500356 is good value based on its PB Ratio (0.6x) compared to the IN Forestry industry average (0.7x).
How is Shree Rama Newsprint forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Materials industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Shree Rama Newsprint has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
- Take a look at our analysis of 500356’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
- Shree Rama Newsprint competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Materials industry.
How has Shree Rama Newsprint performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 500356 is currently unprofitable.
Growing Profit Margin: 500356 is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: 500356 is unprofitable, but has reduced losses over the past 5 years at a rate of 32.6% per year.
Accelerating Growth: Unable to compare 500356's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 500356 is unprofitable, making it difficult to compare its past year earnings growth to the Forestry industry (-9%).
Return on Equity
High ROE: 500356 has a negative Return on Equity (-11.02%), as it is currently unprofitable.
How is Shree Rama Newsprint's financial position?
Financial Position Analysis
Short Term Liabilities: 500356's short term assets (₹1.6B) do not cover its short term liabilities (₹3.8B).
Long Term Liabilities: 500356's short term assets (₹1.6B) exceed its long term liabilities (₹1.1B).
Debt to Equity History and Analysis
Debt Level: 500356's debt to equity ratio (93%) is considered high.
Reducing Debt: 500356 had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: 500356 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if 500356 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
What is Shree Rama Newsprint current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate 500356's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate 500356's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if 500356's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 500356's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of 500356's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Siddharth Chowdhary (36yo)
Mr. Siddharth Ganpatraj Chowdhary has been Whole Time Director of Shree Rama Newsprint Limited since June 23, 2016. Mr. Chowdhary served as a Non-Independent Non-Executive Director at Shree Rama Newsprint ...
CEO Compensation Analysis
Compensation vs Market: Siddharth's total compensation ($USD93.91K) is above average for companies of similar size in the Indian market ($USD49.50K).
Compensation vs Earnings: Siddharth's compensation has been consistent with company performance over the past year.
|Whole Time Director||no data||₹7.01m||no data|
|Independent Non-Executive Director||4.83yrs||₹30.00k||no data|
|Independent Non-Executive Director||4.42yrs||₹60.00k||0.0042% ₹97.0k|
|Non-Executive chairman||no data||₹30.00k||no data|
|Independent Non-Executive Director||5.08yrs||₹45.00k||no data|
|Additional Non-Executive Independent Director||1.67yrs||₹15.00k||no data|
Experienced Board: 500356's board of directors are considered experienced (4.8 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Shree Rama Newsprint Limited's company bio, employee growth, exchange listings and data sources
- Name: Shree Rama Newsprint Limited
- Ticker: 500356
- Exchange: BSE
- Founded: 1991
- Industry: Paper Products
- Sector: Materials
- Market Cap: ₹2.287b
- Shares outstanding: 147.52m
- Website: https://www.ramanewsprint.com
Number of Employees
- Shree Rama Newsprint Limited
- 10, Abhishree Corporate Park
- Near Swagat Bunglows BRTS BusStand
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|500356||BSE (Mumbai Stock Exchange)||Yes||Equity Shares||IN||INR||Oct 1995|
|RAMANEWS||NSEI (National Stock Exchange of India)||Yes||Equity Shares||IN||INR||Oct 1995|
Shree Rama Newsprint Limited manufactures and sells newsprint, and writing and printing papers in India. It also exports its products. The company was formerly known as Rama Newsprint and Papers Limited and changed its name to Shree Rama Newsprint Limited in June 2013. Shree Rama Newsprint Limited was incorporated in 1991 and is based in Ahmedabad, India.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/07/06 12:52|
|End of Day Share Price||2020/07/06 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.