BSE:502450

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Seshasayee Paper and Boards

Executive Summary

Seshasayee Paper and Boards Limited operates an integrated pulp, paper, and paper board mill in Tamilnadu, India.


Snowflake Analysis

Flawless balance sheet with acceptable track record.

Share Price & News

How has Seshasayee Paper and Boards's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 502450's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-6.0%

502450

-0.3%

IN Forestry

3.5%

IN Market


1 Year Return

-20.9%

502450

-41.9%

IN Forestry

-5.5%

IN Market

Return vs Industry: 502450 exceeded the Indian Forestry industry which returned -44.7% over the past year.

Return vs Market: 502450 underperformed the Indian Market which returned -8.7% over the past year.


Shareholder returns

502450IndustryMarket
7 Day-6.0%-0.3%3.5%
30 Day9.3%6.7%6.4%
90 Day31.3%20.6%22.9%
1 Year-19.3%-20.9%-25.9%-41.9%-3.7%-5.5%
3 Year8.2%2.8%-39.9%-54.2%1.6%-3.1%
5 Year325.9%290.5%7.3%-22.0%27.4%17.7%

Price Volatility Vs. Market

How volatile is Seshasayee Paper and Boards's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Seshasayee Paper and Boards undervalued compared to its fair value and its price relative to the market?

5.39x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 502450 (₹156.35) is trading above our estimate of fair value (₹114.81)

Significantly Below Fair Value: 502450 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 502450 is good value based on its PE Ratio (5.4x) compared to the Forestry industry average (7.3x).

PE vs Market: 502450 is good value based on its PE Ratio (5.4x) compared to the Indian market (12.7x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 502450's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 502450 is overvalued based on its PB Ratio (1x) compared to the IN Forestry industry average (0.7x).


Next Steps

Future Growth

How is Seshasayee Paper and Boards forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

18.7%

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 Seshasayee Paper and Boards 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.


Next Steps

Past Performance

How has Seshasayee Paper and Boards performed over the past 5 years?

27.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 502450 has high quality earnings.

Growing Profit Margin: 502450's current net profit margins (15.4%) are higher than last year (14.6%).


Past Earnings Growth Analysis

Earnings Trend: 502450's earnings have grown significantly by 27.1% per year over the past 5 years.

Accelerating Growth: 502450's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 502450 had negative earnings growth (-4.9%) over the past year, making it difficult to compare to the Forestry industry average (-9%).


Return on Equity

High ROE: 502450's Return on Equity (17.7%) is considered low.


Next Steps

Financial Health

How is Seshasayee Paper and Boards's financial position?


Financial Position Analysis

Short Term Liabilities: 502450's short term assets (₹6.0B) exceed its short term liabilities (₹2.3B).

Long Term Liabilities: 502450's short term assets (₹6.0B) exceed its long term liabilities (₹2.0B).


Debt to Equity History and Analysis

Debt Level: 502450's debt to equity ratio (0.6%) is considered satisfactory.

Reducing Debt: 502450's debt to equity ratio has reduced from 79.4% to 0.6% over the past 5 years.

Debt Coverage: 502450's debt is well covered by operating cash flow (2510%).

Interest Coverage: 502450's interest payments on its debt are well covered by EBIT (33.7x coverage).


Balance Sheet


Next Steps

Dividend

What is Seshasayee Paper and Boards's current dividend yield, its reliability and sustainability?

2.24%

Current Dividend Yield


Upcoming Dividend Payment


Dividend Yield vs Market

Notable Dividend: 502450's dividend (2.24%) is higher than the bottom 25% of dividend payers in the Indian market (0.69%).

High Dividend: 502450's dividend (2.24%) is low compared to the top 25% of dividend payers in the Indian market (2.81%).


Stability and Growth of Payments

Stable Dividend: 502450's dividend payments have been volatile in the past 10 years.

Growing Dividend: 502450's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (12.1%), 502450's dividend payments are thoroughly covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

1.1yrs

Average management tenure


CEO

Kasi Subramanian Kallidaikurichi (69yo)

3.5yrs

Tenure

₹18,931,360

Compensation

Mr. K. S. Kasi Viswanathan, B.Tech., MMS serves as the Managing Director of Seshasayee Paper and Boards Ltd. Mr. Viswanathan served as the Deputy Managing Director of Seshasayee Paper and Boards Ltd., sin ...


CEO Compensation Analysis

Compensation vs Market: Kasi's total compensation ($USD253.65K) is above average for companies of similar size in the Indian market ($USD49.50K).

Compensation vs Earnings: Kasi's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Kasi Subramanian Kallidaikurichi
MD & Executive Director3.5yrs₹18.93m0.0046% 449.9k
Venkatataraman Pichai
CFO, Deputy MD15.5yrs₹18.93m0.068% 6.6m
A. Mehrotra
Senior President of Operations0.50yrno datano data
P. Vasist
Senior Vice President of Marketingno datano datano data
A. Alagarsamy
Head of HR2.92yrsno datano data
C. Balasubramanian
Senior Vice President of Business Developmentno datano datano data
A. Srinivasan
Chief of Projectsno datano datano data
Ganesh Bhadti
President of Operations0.50yrno datano data
S Srinivas
Head of Finance1.08yrsno datano data
R. Krishnan
Presidentno datano datano data

1.1yrs

Average Tenure

69yo

Average Age

Experienced Management: 502450's management team is not considered experienced ( 1.1 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Kasi Subramanian Kallidaikurichi
MD & Executive Director3.5yrs₹18.93m0.0046% 449.9k
Venkatataraman Pichai
CFO, Deputy MD15.5yrs₹18.93m0.068% 6.6m
Subbaraman Narayan
Independent Non-Executive Director13.5yrs₹750.00kno data
Venkatesan Sridar
Independent Non-Executive Director11.08yrs₹1.20mno data
Natarajan Gopalaratnam
Chairman19yrs₹19.09m0.073% 7.1m
Chinny Nanditha Krishna
Independent Non-Executive Director5.83yrs₹600.00kno data
Mohan Chunkath
Independent Director1.25yrs₹310.00kno data
Lakshminarasimha Somayaji
Independent Non-Executive Director5.83yrs₹750.00kno data
Manickavasagam Aarthi
Additional Nominee Director2.42yrs₹525.00kno data
Deepak Srivastava
Additional Director1yrno datano data

8.5yrs

Average Tenure

69yo

Average Age

Experienced Board: 502450's board of directors are considered experienced (8.5 years average tenure).


Ownership

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.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Seshasayee Paper and Boards Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Seshasayee Paper and Boards Limited
  • Ticker: 502450
  • Exchange: BSE
  • Founded: 1960
  • Industry: Paper Products
  • Sector: Materials
  • Market Cap: ₹9.760b
  • Shares outstanding: 63.07m
  • Website: https://www.spbltd.com

Number of Employees


Location

  • Seshasayee Paper and Boards Limited
  • Pallipalayam
  • Cauvery RS PO
  • Erode
  • Tamil Nadu
  • 638007
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
502450BSE (Mumbai Stock Exchange)YesEquity SharesININRMar 1995
SESHAPAPERNSEI (National Stock Exchange of India)YesEquity SharesININRMar 1995

Biography

Seshasayee Paper and Boards Limited operates an integrated pulp, paper, and paper board mill in Tamilnadu, India. The company offers printing and writing papers, packing and wrapping papers, and specialty papers under SPrint, Colour Sprint, Index, SprintPlus, and Success brand names. It also exports its products. The company was incorporated in 1960 and is based in Erode, India. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/07/06 12:52
End of Day Share Price2020/07/06 00:00
Earnings2020/03/31
Annual Earnings2020/03/31


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.