BSE:516108

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South India Paper Mills

Executive Summary

The South India Paper Mills Limited manufactures and sells paper and paper products in India.


Snowflake Analysis

Undervalued with excellent balance sheet.


Similar Companies

Share Price & News

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


Latest Share Price and Events

Stable Share Price: 516108's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

2.0%

516108

2.7%

IN Forestry

1.1%

IN Market


1 Year Return

-24.0%

516108

-40.7%

IN Forestry

-6.0%

IN Market

Return vs Industry: 516108 exceeded the Indian Forestry industry which returned -40.7% over the past year.

Return vs Market: 516108 underperformed the Indian Market which returned -6% over the past year.


Shareholder returns

516108IndustryMarket
7 Day2.0%2.7%1.1%
30 Day1.4%8.5%6.2%
90 Day16.3%10.2%18.2%
1 Year-22.5%-24.0%-24.7%-40.7%-4.1%-6.0%
3 Year-33.5%-36.4%-38.6%-53.5%0.2%-4.5%
5 Year-17.6%-24.9%5.5%-23.5%24.5%14.9%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 516108 (₹60.45) is trading below our estimate of fair value (₹143.11)

Significantly Below Fair Value: 516108 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 516108 is good value based on its PE Ratio (5.7x) compared to the IN Forestry industry average (7.8x).

PE vs Market: 516108 is good value based on its PE Ratio (5.7x) compared to the Indian market (12.6x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 516108's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 516108 is good value based on its PB Ratio (0.5x) compared to the IN Forestry industry average (0.7x).


Next Steps

Future Growth

How is South India Paper Mills forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

19.5%

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 South India 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 South India Paper Mills performed over the past 5 years?

-5.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 516108 has high quality earnings.

Growing Profit Margin: 516108's current net profit margins (7.3%) are lower than last year (7.6%).


Past Earnings Growth Analysis

Earnings Trend: 516108's earnings have declined by -5% per year over the past 5 years.

Accelerating Growth: 516108's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 516108 had negative earnings growth (-13.2%) over the past year, making it difficult to compare to the Forestry industry average (-10.5%).


Return on Equity

High ROE: 516108's Return on Equity (9.4%) is considered low.


Next Steps

Financial Health

How is South India Paper Mills's financial position?


Financial Position Analysis

Short Term Liabilities: 516108's short term assets (₹787.5M) exceed its short term liabilities (₹391.5M).

Long Term Liabilities: 516108's short term assets (₹787.5M) exceed its long term liabilities (₹448.6M).


Debt to Equity History and Analysis

Debt Level: 516108's debt to equity ratio (26%) is considered satisfactory.

Reducing Debt: 516108's debt to equity ratio has increased from 14.2% to 26% over the past 5 years.

Debt Coverage: 516108's debt is well covered by operating cash flow (94.2%).

Interest Coverage: 516108's interest payments on its debt are well covered by EBIT (6x coverage).


Balance Sheet


Next Steps

Dividend

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

2.48%

Current Dividend Yield


Upcoming Dividend Payment


Dividend Yield vs Market

Notable Dividend: 516108's dividend (2.48%) is higher than the bottom 25% of dividend payers in the Indian market (0.69%).

High Dividend: 516108's dividend (2.48%) is low compared to the top 25% of dividend payers in the Indian market (2.73%).


Stability and Growth of Payments

Stable Dividend: 516108's dividend payments have been volatile in the past 10 years.

Growing Dividend: 516108's dividend payments have not increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (14.1%), 516108'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?

25.0yrs

Average board tenure


CEO

Manish Patel (61yo)

no data

Tenure

₹12,059,000

Compensation

Mr. Manish Mahendra Patel, B.E., M.B.A., has been the Managing Director of The South India Paper Mills Limited since May 20, 2004 and serves as its Chairman. Mr. Patel is a Self Employed Executive of Perso ...


CEO Compensation Analysis

Compensation vs Market: Manish's total compensation ($USD160.43K) is above average for companies of similar size in the Indian market ($USD48.72K).

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


Board Members

NamePositionTenureCompensationOwnership
Manish Patel
Chairman & MDno data₹12.06m3.11% 28.2m
Dineshchandra Patel
Non-Executive Director44.92yrs₹335.00k3.47% 31.4m
M. G. Kumar
Independent Non-Executive Director26.08yrs₹395.00k0.021% 193.4k
Jagdish Patel
Independent Non-Executive Director33.08yrs₹395.00k0.98% 8.8m
Ajay Patel
Non-Executive Director23.92yrs₹335.00k2.22% 20.1m
S. R. Setty
Independent & Non-Executive Director28.5yrs₹405.00k0.013% 120.9k
Jitendra Patel
Non-Executive Director7.83yrs₹345.00k2.98% 27.1m
N. S. Kumar
Non-Executive Independent Director9.5yrs₹345.00k0.043% 386.9k
A. Shankar
Non-Executive Independent Director5.33yrs₹355.00kno data

25.0yrs

Average Tenure

63yo

Average Age

Experienced Board: 516108's board of directors are seasoned and experienced ( 25 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

The South India Paper Mills Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: The South India Paper Mills Limited
  • Ticker: 516108
  • Exchange: BSE
  • Founded: 1959
  • Industry: Paper Products
  • Sector: Materials
  • Market Cap: ₹906.750m
  • Shares outstanding: 15.00m
  • Website: https://www.sipaper.com

Number of Employees


Location

  • The South India Paper Mills Limited
  • #1205/1206, Prestige Meridian II
  • M.G. Road
  • Bengaluru
  • Karnataka
  • 560001
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
516108BSE (Mumbai Stock Exchange)YesEquity SharesININRNov 2004

Biography

The South India Paper Mills Limited manufactures and sells paper and paper products in India. The company operates through Paper & Paper Products, and Power segments. It offers corrugating case raw materials, including kraft liner substitutes, test liners, white kraft liners, fluting grades, high performance fluting and test liners, and special application grades for packaging. The company also provides corrugated papers and paperboards; and containers of papers and paper boards, as well as plain brown boxes, glued or stapled closures, and boxes and shelf ready packaging products. In addition, it generates and supplies power to the state grid. The company was incorporated in 1959 and is based in Bengaluru, India. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/07/11 12:43
End of Day Share Price2020/07/10 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.