NSEI:RAMANEWS

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Shree Rama Newsprint

Executive Summary

Shree Rama Newsprint Limited manufactures and sells newsprint, and writing and printing papers in India.


Snowflake Analysis

Imperfect balance sheet with weak fundamentals.


Similar Companies

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: RAMANEWS's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-1.8%

RAMANEWS

-0.5%

IN Forestry

-0.3%

IN Market


1 Year Return

6.6%

RAMANEWS

-36.4%

IN Forestry

2.0%

IN Market

Return vs Industry: RAMANEWS exceeded the Indian Forestry industry which returned -36.4% over the past year.

Return vs Market: RAMANEWS exceeded the Indian Market which returned 2% over the past year.


Shareholder returns

RAMANEWSIndustryMarket
7 Day-1.8%-0.5%-0.3%
30 Day3.5%-0.8%3.8%
90 Day29.7%14.8%19.7%
1 Year6.6%6.6%-17.9%-36.4%3.9%2.0%
3 Year-21.2%-21.2%-42.1%-57.0%-0.6%-5.3%
5 Year25.2%25.2%-2.7%-27.9%27.0%17.4%

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

Valuation

Is Shree Rama Newsprint undervalued compared to its fair value and its price relative to the market?

0.58x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: RAMANEWS (₹16.15) is trading above our estimate of fair value (₹2.83)

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


Price To Earnings Ratio

PE vs Industry: RAMANEWS is unprofitable, so we can't compare its PE Ratio to the IN Forestry industry average.

PE vs Market: RAMANEWS 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 RAMANEWS's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: RAMANEWS's PB Ratio (0.6x) is in line with the IN Forestry industry average.


Next Steps

Future Growth

How is Shree Rama Newsprint forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

15.5%

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 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.


Next Steps

Past Performance

How has Shree Rama Newsprint performed over the past 5 years?

32.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: RAMANEWS is currently unprofitable.

Growing Profit Margin: RAMANEWS is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: RAMANEWS is unprofitable, but has reduced losses over the past 5 years at a rate of 32.6% per year.

Accelerating Growth: Unable to compare RAMANEWS's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: RAMANEWS is unprofitable, making it difficult to compare its past year earnings growth to the Forestry industry (-7.9%).


Return on Equity

High ROE: RAMANEWS has a negative Return on Equity (-11.02%), as it is currently unprofitable.


Next Steps

Financial Health

How is Shree Rama Newsprint's financial position?


Financial Position Analysis

Short Term Liabilities: RAMANEWS's short term assets (₹1.6B) do not cover its short term liabilities (₹3.8B).

Long Term Liabilities: RAMANEWS's short term assets (₹1.6B) exceed its long term liabilities (₹1.1B).


Debt to Equity History and Analysis

Debt Level: RAMANEWS's debt to equity ratio (93%) is considered high.

Reducing Debt: RAMANEWS had negative shareholder equity 5 years ago, but is now positive and has therefore improved.


Balance Sheet


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: RAMANEWS has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if RAMANEWS has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Next Steps

Dividend

What is Shree Rama Newsprint current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate RAMANEWS's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate RAMANEWS'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 RAMANEWS's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if RAMANEWS'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 RAMANEWS's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.


Next Steps

Management

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

4.9yrs

Average board tenure


CEO

Siddharth Chowdhary (36 yo)

no data

Tenure

₹7,009,000

Compensation

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 ($USD93.42K) is above average for companies of similar size in the Indian market ($USD49.28K).

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


Board Members

NamePositionTenureCompensationOwnership
Siddharth Chowdhary
Whole Time Directorno data₹7.01mno data
Utkarsh Shah
Independent Non-Executive Director4.92yrs₹30.00kno data
Kanhaiya Chandak
Independent Non-Executive Director4.5yrs₹60.00k0.0042%
₹ 101.0k
Ganpatraj Chowdhary
Non-Executive chairmanno data₹30.00kno data
Keerthinarayanan Hemmige
Independent Non-Executive Director5.17yrs₹45.00kno data
Meenu Singhvi
Additional Non-Executive Independent Director1.75yrs₹15.00kno data

4.9yrs

Average Tenure

56yo

Average Age

Experienced Board: RAMANEWS's board of directors are considered experienced (4.9 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

Shree Rama Newsprint Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Shree Rama Newsprint Limited
  • Ticker: RAMANEWS
  • Exchange: NSEI
  • Founded: 1991
  • Industry: Paper Products
  • Sector: Materials
  • Market Cap: ₹2.382b
  • Shares outstanding: 147.52m
  • Website: https://www.ramanewsprint.com

Number of Employees


Location

  • Shree Rama Newsprint Limited
  • 10, Abhishree Corporate Park
  • Near Swagat Bunglows BRTS BusStand
  • Ahmedabad
  • Gujarat
  • 380058
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
500356BSE (Mumbai Stock Exchange)YesEquity SharesININROct 1995
RAMANEWSNSEI (National Stock Exchange of India)YesEquity SharesININROct 1995

Biography

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 an ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/08/05 12:37
End of Day Share Price2020/08/05 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.