NSEI:RAMANEWS

Stock Analysis Report

Shree Rama Newsprint

Executive Summary

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

Snowflake

Fundamentals

Fair value with questionable track record.

Risks

  • Shree Rama Newsprint has significant price volatility in the past 3 months.
  • Shree Rama Newsprint is not covered by any analysts.

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


Market Performance


7 Day Return

-3.1%

NSEI:RAMANEWS

-18.2%

IN Forestry

0.4%

IN Market


1 Year Return

-52.0%

NSEI:RAMANEWS

-36.1%

IN Forestry

-13.4%

IN Market

RAMANEWS underperformed the Forestry industry which returned -35.6% over the past year.

RAMANEWS underperformed the Market in India which returned -12.8% over the past year.


Share holder returns

RAMANEWSIndustryMarket
7 Day-3.1%-18.2%0.4%
30 Day-16.4%-0.7%-3.7%
90 Day-32.8%-10.9%-7.4%
1 Year-52.0%-52.0%-35.3%-36.1%-11.7%-13.4%
3 Year-39.6%-39.6%-4.7%-7.2%18.7%12.4%
5 Year103.6%103.6%80.2%72.6%37.5%24.5%

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 based on future cash flows and its price relative to the stock market?

7.72x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

Unable to calculate intrinsic value for Shree Rama Newsprint to establish if it is available at moderate discount.

Unable to calculate intrinsic value for Shree Rama Newsprint to establish if it is available at substantial discount.


Price Based on Earnings

Shree Rama Newsprint is good value based on earnings compared to the IN Forestry industry average.

Shree Rama Newsprint is good value based on earnings compared to the India market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Shree Rama Newsprint, we can't assess if its growth is good value.


Price Based on Value of Assets

Shree Rama Newsprint is good value based on assets compared to the IN Forestry industry average.


Next Steps

Future Growth

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

13.7%

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 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?

36.1%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Shree Rama Newsprint has delivered over 20% year on year earnings growth in the past 5 years.

Shree Rama Newsprint has become profitable in the last year making the earnings growth rate difficult to compare to the 5-year average.

Shree Rama Newsprint has become profitable in the last year making it difficult to compare the IN Forestry industry average.


Return on Equity

Shree Rama Newsprint has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

Shree Rama Newsprint used its assets less efficiently than the IN Forestry industry average last year based on Return on Assets.


Return on Capital Employed

Shree Rama Newsprint has become profitable over the past 3 years. This is considered to be a significant improvement in its use of capital (Return on Capital Employed).


Next Steps

Financial Health

How is Shree Rama Newsprint's financial position?


Financial Position Analysis

Shree Rama Newsprint's short term (1 year) commitments are greater than its holdings of cash and other short term assets.

Shree Rama Newsprint's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

Shree Rama Newsprint's level of debt (73.7%) compared to net worth is high (greater than 40%).

The level of debt compared to net worth has been reduced over the past 5 years (736.3% vs 73.7% today).

Debt is not well covered by operating cash flow (14.4%, less than 20% of total debt).

Interest payments on debt are not well covered by earnings (EBIT is 2.2x annual interest expense, ideally 3x coverage).


Balance Sheet

High level of physical assets or inventory.

Debt is not covered by short term assets, assets are 0.5x debt.


Next Steps

Dividend

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


Dividend Yield and Payments Analysis

Unable to evaluate Shree Rama Newsprint's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate Shree Rama Newsprint's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as Shree Rama Newsprint has not reported any payouts.

Unable to verify if Shree Rama Newsprint's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as Shree Rama Newsprint has not reported any payouts.


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of Shree Rama Newsprint's salary, the management and board of directors tenure and is there insider trading?

3.9yrs

Average board tenure


CEO

Siddharth Chowdhary (35yo)

0.0yrs

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

Siddharth's remuneration is higher than average for companies of similar size in India.

Siddharth's compensation has been consistent with company performance over the past year, both up more than 20%.


Board Age and Tenure

3.9yrs

Average Tenure

55yo

Average Age

The tenure for the Shree Rama Newsprint board of directors is about average.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Dinesh Agrawal (66yo)

    Joint President of Works

    • Tenure: 0.0yrs
  • Ashok Bhatia

    Joint President of Works

    • Tenure: 11.3yrs
  • Binay Surana (66yo)

    Senior Vice President of Commercial

    • Tenure: 0.0yrs
  • Shashi Jain (60yo)

    General Manager of Sales & Marketing

    • Tenure: 0.0yrs
  • Shyam Adak (67yo)

    Assistant Vice President of Technical

    • Tenure: 0.0yrs
  • C. Venugopal (75yo)

    General Manager of Corporate Development

    • Tenure: 0.0yrs
  • Siddharth Chowdhary (35yo)

    Whole Time Director

    • Tenure: 0.0yrs
    • Compensation: ₹7.01m
  • Utkarsh Shah (59yo)

    Independent Non-Executive Director

    • Tenure: 3.9yrs
    • Compensation: ₹30.00k
  • Praveen Mundra

    President of Finance

    • Tenure: 2.7yrs
    • Compensation: ₹6.31m

Board Members

  • Kanhaiya Chandak (73yo)

    Independent Non-Executive Director

    • Tenure: 3.5yrs
    • Compensation: ₹60.00k
  • Ganpatraj Chowdhary (56yo)

    Chairman of the Board

    • Tenure: 0.0yrs
    • Compensation: ₹30.00k
  • Siddharth Chowdhary (35yo)

    Whole Time Director

    • Tenure: 0.0yrs
    • Compensation: ₹7.01m
  • Keerthinarayanan Hemmige (54yo)

    Independent Non-Executive Director

    • Tenure: 4.2yrs
    • Compensation: ₹45.00k
  • Utkarsh Shah (59yo)

    Independent Non-Executive Director

    • Tenure: 3.9yrs
    • Compensation: ₹30.00k
  • Meenu Singhvi (38yo)

    Additional Non-Executive Independent Director

    • Tenure: 0.8yrs
    • Compensation: ₹15.00k

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: ₹2.132b
  • 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 Analysis2019/08/20 12:47
End of Day Share Price2019/08/20 00:00
Earnings2019/06/30
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.