BSE:516022

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Executive Summary

Star Paper Mills Limited engages in the manufacture and supply of paper and paper products in India and internationally.


Snowflake Analysis

Flawless balance sheet with solid track record.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: 516022's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-6.0%

516022

-0.3%

IN Forestry

3.5%

IN Market


1 Year Return

4.6%

516022

-41.9%

IN Forestry

-5.5%

IN Market

Return vs Industry: 516022 exceeded the Indian Forestry industry which returned -44.7% over the past year.

Return vs Market: 516022 exceeded the Indian Market which returned -8.7% over the past year.


Shareholder returns

516022IndustryMarket
7 Day-6.0%-0.3%3.5%
30 Day11.0%6.7%6.4%
90 Day39.0%20.6%22.9%
1 Year7.2%4.6%-25.9%-41.9%-3.7%-5.5%
3 Year-46.6%-49.1%-39.9%-54.2%1.6%-3.1%
5 Year340.6%320.3%7.3%-22.0%27.4%17.7%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is Star Paper Mills undervalued compared to its fair value and its price relative to the market?

2.99x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 516022 (₹107.8) is trading above our estimate of fair value (₹75.5)

Significantly Below Fair Value: 516022 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 516022 is good value based on its PE Ratio (3x) compared to the Forestry industry average (7.3x).

PE vs Market: 516022 is good value based on its PE Ratio (3x) compared to the Indian market (12.7x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 516022's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 516022 is good value based on its PB Ratio (0.4x) compared to the IN Forestry industry average (0.7x).


Next Steps

Future Growth

How is Star Paper Mills 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 Star Paper Mills 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 Star Paper Mills performed over the past 5 years?

23.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 516022 has high quality earnings.

Growing Profit Margin: 516022's current net profit margins (16.6%) are higher than last year (10.5%).


Past Earnings Growth Analysis

Earnings Trend: 516022 has become profitable over the past 5 years, growing earnings by 23.7% per year.

Accelerating Growth: 516022's earnings growth over the past year (39.4%) exceeds its 5-year average (23.7% per year).

Earnings vs Industry: 516022 earnings growth over the past year (39.4%) exceeded the Forestry industry -9%.


Return on Equity

High ROE: 516022's Return on Equity (12%) is considered low.


Next Steps

Financial Health

How is Star Paper Mills's financial position?


Financial Position Analysis

Short Term Liabilities: 516022's short term assets (₹1.7B) exceed its short term liabilities (₹566.7M).

Long Term Liabilities: 516022's short term assets (₹1.7B) exceed its long term liabilities (₹841.8M).


Debt to Equity History and Analysis

Debt Level: 516022 is debt free.

Reducing Debt: 516022 has no debt compared to 5 years ago when its debt to equity ratio was 50.3%.

Debt Coverage: 516022 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 516022 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

What is Star Paper Mills's current dividend yield, its reliability and sustainability?

2.32%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 516022's dividend (2.32%) is higher than the bottom 25% of dividend payers in the Indian market (0.69%).

High Dividend: 516022's dividend (2.32%) is low compared to the top 25% of dividend payers in the Indian market (2.81%).


Stability and Growth of Payments

Stable Dividend: 516022's dividend payments have been volatile in the past 10 years.

Growing Dividend: 516022's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (6.9%), 516022'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

Madhukar Mishra (63yo)

10yrs

Tenure

₹21,610,274

Compensation

Mr. Madhukar Mishra, B.Sc, DMS (Mgt.), has been the Managing Director of Star Paper Mills Limited since July 1, 2010 and has been its Director since July 1, 2001. Mr. Mishra has experience in wide range of ...


CEO Compensation Analysis

Compensation vs Market: Madhukar's total compensation ($USD289.54K) is above average for companies of similar size in the Indian market ($USD49.50K).

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


Leadership Team

NamePositionTenureCompensationOwnership
Gouri Goenka
Executive Chairman0.92yr₹26.92mno data
Madhukar Mishra
MD & Executive Director10yrs₹21.61mno data
Saurabh Arora
Compliance Officer & Company Secretaryno data₹1.09mno data
Sandeep Rastogi
Chief Financial Officer1.08yrsno datano data
Puneet Verma
General Manager of HR & Admin.no datano datano data
Dipak Vij
General Manager of Marketingno datano datano data

1.1yrs

Average Tenure

57.5yo

Average Age

Experienced Management: 516022's management team is not considered experienced ( 1.1 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Gouri Goenka
Executive Chairman0.92yr₹26.92mno data
Madhukar Mishra
MD & Executive Director10yrs₹21.61mno data
Chander Vasudev
Independent Non-Executive Director11.08yrs₹160.00kno data
Shrivardhan Goenka
Non-Independent Non-Executive Director17.83yrs₹80.00k0.29% 4.8m
Michael Pinto
Independent Non-Executive Director10.5yrs₹120.00kno data
Shiromani Sharma
Independent Non-Executive Director27.08yrs₹280.00kno data
Savita Acharya
Additional Independent Director5.33yrs₹180.00kno data

11.1yrs

Average Tenure

77yo

Average Age

Experienced Board: 516022's board of directors are seasoned and experienced ( 11.1 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

Star Paper Mills Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Star Paper Mills Limited
  • Ticker: 516022
  • Exchange: BSE
  • Founded: 1936
  • Industry: Paper Products
  • Sector: Materials
  • Market Cap: ₹1.660b
  • Shares outstanding: 15.61m
  • Website: https://www.starpapers.com

Number of Employees


Location

  • Star Paper Mills Limited
  • Duncan House
  • 2nd Floor
  • Kolkata
  • West Bengal
  • 700001
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
516022BSE (Mumbai Stock Exchange)YesEquity SharesININRNov 1995
STARPAPERNSEI (National Stock Exchange of India)YesEquity SharesININRNov 1995

Biography

Star Paper Mills Limited engages in the manufacture and supply of paper and paper products in India and internationally. It offers a range of cultural papers, industrial papers, and other grades. The company was incorporated in 1936 and is based in Kolkata, 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 12:53
End of Day Share Price2020/07/06 00:00
Earnings2019/12/31
Annual Earnings2019/03/31


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.