BSE:531426

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Tamil Nadu Newsprint and Papers

Executive Summary

Tamil Nadu Newsprint and Papers Limited manufactures and sells paper and paper boards in India.


Snowflake Analysis

Proven track record average dividend payer.


Similar Companies

Share Price & News

How has Tamil Nadu Newsprint and Papers's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 531426's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

8.2%

531426

2.7%

IN Forestry

1.1%

IN Market


1 Year Return

-33.1%

531426

-40.7%

IN Forestry

-6.0%

IN Market

Return vs Industry: 531426 exceeded the Indian Forestry industry which returned -40.7% over the past year.

Return vs Market: 531426 underperformed the Indian Market which returned -6% over the past year.


Shareholder returns

531426IndustryMarket
7 Day8.2%2.7%1.1%
30 Day12.2%8.5%6.2%
90 Day17.2%10.2%18.2%
1 Year-30.4%-33.1%-24.7%-40.7%-4.1%-6.0%
3 Year-62.4%-65.2%-38.6%-53.5%0.2%-4.5%
5 Year-30.3%-38.9%5.5%-23.5%24.5%14.9%

Price Volatility Vs. Market

How volatile is Tamil Nadu Newsprint and Papers's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Tamil Nadu Newsprint and Papers undervalued compared to its fair value and its price relative to the market?

6.27x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 531426 (₹117.9) is trading above our estimate of fair value (₹28.87)

Significantly Below Fair Value: 531426 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 531426 is good value based on its PE Ratio (6.3x) compared to the IN Forestry industry average (7.8x).

PE vs Market: 531426 is good value based on its PE Ratio (6.3x) compared to the Indian market (12.6x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 531426's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 531426 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 Tamil Nadu Newsprint and Papers 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 Tamil Nadu Newsprint and Papers 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 Tamil Nadu Newsprint and Papers performed over the past 5 years?

-19.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 531426 has high quality earnings.

Growing Profit Margin: 531426's current net profit margins (3.7%) are higher than last year (2.3%).


Past Earnings Growth Analysis

Earnings Trend: 531426's earnings have declined by -19.1% per year over the past 5 years.

Accelerating Growth: 531426's earnings growth over the past year (36.9%) exceeds its 5-year average (-19.1% per year).

Earnings vs Industry: 531426 earnings growth over the past year (36.9%) exceeded the Forestry industry -10.5%.


Return on Equity

High ROE: 531426's Return on Equity (7.6%) is considered low.


Next Steps

Financial Health

How is Tamil Nadu Newsprint and Papers's financial position?


Financial Position Analysis

Short Term Liabilities: 531426's short term assets (₹16.1B) do not cover its short term liabilities (₹22.5B).

Long Term Liabilities: 531426's short term assets (₹16.1B) do not cover its long term liabilities (₹16.1B).


Debt to Equity History and Analysis

Debt Level: 531426's debt to equity ratio (103.9%) is considered high.

Reducing Debt: 531426's debt to equity ratio has reduced from 172.5% to 103.9% over the past 5 years.

Debt Coverage: 531426's debt is not well covered by operating cash flow (13.6%).

Interest Coverage: 531426's interest payments on its debt are not well covered by EBIT (1.9x coverage).


Balance Sheet


Next Steps

Dividend

What is Tamil Nadu Newsprint and Papers's current dividend yield, its reliability and sustainability?

5.09%

Current Dividend Yield


Upcoming Dividend Payment


Dividend Yield vs Market

Notable Dividend: 531426's dividend (5.09%) is higher than the bottom 25% of dividend payers in the Indian market (0.69%).

High Dividend: 531426's dividend (5.09%) is in the top 25% of dividend payers in the Indian market (2.73%)


Stability and Growth of Payments

Stable Dividend: 531426's dividend payments have been volatile in the past 10 years.

Growing Dividend: 531426's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (39.9%), 531426's dividend payments are well 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?

2.7yrs

Average management tenure


CEO

S. Sivashanmugaraja (56yo)

2.67yrs

Tenure

₹4,188,000

Compensation

Mr. S. Sivashanmugaraja, IAS, has been CEO, Managing Director and Director of Tamil Nadu Newsprint and Papers Limited since November 29, 2017. Mr. Sivashanmugaraja has held various key positions in departm ...


CEO Compensation Analysis

Compensation vs Market: S.'s total compensation ($USD55.72K) is about average for companies of similar size in the Indian market ($USD48.72K).

Compensation vs Earnings: S.'s compensation has increased by more than 20% in the past year.


Leadership Team

NamePositionTenureCompensationOwnership
S. Sivashanmugaraja
MD, CEO & Director2.67yrs₹4.19mno data
S. Ramakrishnan
Executive Director of Operations3yrsno datano data
K. Manoharan
Chief Information Officer3yrsno datano data
P. Pattabiraman
Chief General Manager of HRno datano datano data
A. Balasubramanian
Chief General Manager of E&I and Commercials2.08yrsno datano data
Kushal Singh
Chief General Manager of Board Plant3yrsno datano data
K. Thangaraju
Chief General Manager of Production1.92yrsno datano data
B. Ravishankar
Company Secretary0.083yrno datano data

2.7yrs

Average Tenure

57yo

Average Age

Experienced Management: 531426's management team is considered experienced (2.7 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
S. Sivashanmugaraja
MD, CEO & Director2.67yrs₹4.19mno data
N. Narayanan
Additional Independent Director4yrs₹600.00kno data
Soundara Kumar
Independent Non-Executive Director3.08yrs₹320.00kno data
P. SanthanaKrishnan
Additional Independent Director0.83yr₹50.00kno data
Shanmugam Krishnan
Non-Executive Non Independent Director4yrs₹60.00kno data
V. Chandrasekaran
Independent Non Executive Director2.67yrs₹495.00kno data
Reeta Thakkar
Non-Executive Non Independent Director1.67yrs₹70.00kno data
N. Muruganandam
Non-Executive Non Independent Chairman1.33yrs₹35.00kno data
M. Arumugam
Additional Independent Director0.83yrno datano data

2.7yrs

Average Tenure

60yo

Average Age

Experienced Board: 531426's board of directors are not considered experienced ( 2.7 years average tenure), which suggests a new board.


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

Tamil Nadu Newsprint and Papers Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Tamil Nadu Newsprint and Papers Limited
  • Ticker: 531426
  • Exchange: BSE
  • Founded: 1979
  • Industry: Paper Products
  • Sector: Materials
  • Market Cap: ₹8.160b
  • Shares outstanding: 69.21m
  • Website: https://www.tnpl.com

Number of Employees


Location

  • Tamil Nadu Newsprint and Papers Limited
  • No. 67, Mount Road
  • Guindy
  • Chennai
  • Tamil Nadu
  • 600032
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
531426BSE (Mumbai Stock Exchange)YesEquity SharesININRFeb 1996
TNPLNSEI (National Stock Exchange of India)YesEquity SharesININRFeb 1996

Biography

Tamil Nadu Newsprint and Papers Limited manufactures and sells paper and paper boards in India. The company operates through Paper & Paper Board, Energy, and Cement segments. It offers surface-sized and non-surface sized papers for printing and writing; and coated and uncoated boards under the AURA brand for the packing industry. The company also generates power through TGs and wind mills. In addition, the company manufactures and sells cement. The company exports its products to Sri Lanka, Iran, Nigeria, Sudan, Uganda, Turkey, Kenya, South Africa, Malaysia, and Ghana. Tamil Nadu Newsprint and Papers Limited was incorporated in 1979 and is based in Chennai, 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 12:38
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.