Shree Rama Newsprint Ltd - Stock Valuation and Financial Performance

BSE: 500356 | NSE: RAMANEWS | Paper & Paper Products | Small Cap

Shree Rama News Share Price

14.93 0.04 0.27%
as on 28-Mar'24 16:01

DeciZen - make an informed investing decision on Shree Rama News

Overall Rating
M-Cap below 500cr. High Risk from low Liquidity Bole Toh

1. Quality

2. Valuation

Overvalued

3. Price Trend

Shree Rama Newsprint stock performance -

mw4me loader
P/E Ratio (SA):
0.00
Market Cap:
216.7 Cr.
52-wk low:
10.3
52-wk high:
24.4

Is Shree Rama Newsprint Ltd an attractive stock to invest in?

1. Is Shree Rama Newsprint Ltd a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Shree Rama Newsprint Ltd is a below average quality company.

2. Is Shree Rama Newsprint Ltd undervalued or overvalued?

The key valuation ratios of Shree Rama Newsprint Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

3. Is Shree Rama Newsprint Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Shree Rama Newsprint Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Shree Rama News:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Shree Rama Newsprint Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Value Creation Index Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
ROCE % -4.4%-15.7%3.4%0.4%-2%7.8%-2.8%-6.5%-0.2%0.3%-
Value Creation
Index
-1.3NA-0.8-1.0-1.2-0.4-1.2-1.5-1.0-1.0-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 40837538239043450433726531.946.747
Sales YoY Gr.--8.2%1.8%2.3%11.1%16.2%-33.2%-21.3%-88%46.6%-
Adj EPS -8.5-13.7-0.5-1-2.12.6-3-5.2-0.10.1-1.6
YoY Gr.-NANANANANA-215.3%NANANA-
BVPS (₹) 6.4-1.535.73027.930.527.522.317.59.57.8
Adj Net
Profit
-49.6-79.6-6.1-14.3-31.538.7-44.6-77.1-1.52-24
Cash Flow from Ops. 19.482.9-45.810.7-15.447.636.3-11.210.830-
Debt/CF from Ops. 15.73.3-5.622.9-19.8710.8-39.944.612.1-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales -21.4%-36%-48.2%46.6%
Adj EPS NANANANA
BVPS4.5%-19.4%-29.8%-45.7%
Share Price 8.2% -7.3% -2.6% 38.9%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
-110-550.7-2.9-3.3-7.49-10.4-21-0.51-18.6
Op. Profit
Mgn %
5.2-10.2-3.742.317.72.6-6.19.29.812.2
Net Profit
Mgn %
-12.2-21.2-1.6-3.7-7.37.7-13.3-29.1-4.64.3-50.1
Debt to
Equity
8.1-32.20.60.60.70.711.41.92.6-
Working Cap
Days
136129941111101111862271,6111,5361,125
Cash Conv.
Cycle
42-5-31-93214367423141785

Recent Performance Summary

Sales growth is good in last 4 quarters at 11.74%

Return on Equity is Poor

Sales growth has been subdued in last 3 years -48.23%

Debt to equity has increased versus last 3 years average to 2.57

Latest Financials - Shree Rama Newsprint Ltd.

Standalone Consolidated
TTM EPS (₹) -1.6 -
TTM Sales (₹ Cr.) 47.4 -
BVPS (₹.) 7.8 -
Reserves (₹ Cr.) -33 -
P/BV 1.89 -
PE 0.00 -
From the Market
52 Week Low / High (₹) 10.30 / 24.38
All Time Low / High (₹) 1.55 / 58.30
Market Cap (₹ Cr.) 217
Equity (₹ Cr.) 147.5
Face Value (₹) 10
Industry PE 6.8

Management X-Ray of Shree Rama News:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Shree Rama News

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Sales4083753823904345043372653247
Operating Expenses 3914133963754244153282812942
Manufacturing Costs156143146136141158106101713
Material Costs1972332132052522171891521521
Employee Cost 161718191820191812
Other Costs 212019151320141066
Operating Profit 17-38-141610889-1634
Operating Profit Margin (%) 4.3%-10.3%-3.7%4.0%2.3%17.6%2.6%-6.1%8.9%9.5%
Other Income 036216624302
Interest 494631242529323700
Depreciation 351222232323252744
Exceptional Items 5252150000000
Profit Before Tax -13-439-15-3238-45-77-22
Tax 204-6-200000
Profit After Tax -16-435-9-3038-45-77-22
PAT Margin (%) -3.8%-11.3%1.3%-2.3%-6.9%7.6%-13.3%-29.1%-4.8%4.1%
Adjusted EPS (₹)-2.7-7.30.4-0.6-2.02.6-3.0-5.2-0.10.1
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23

Equity and Liabilities

Shareholders Fund 37-8421442412450405328259140
Share Capital 5858118148148148148148148148
Reserves -21-67303294265303258181111-7
Minority Interest0000000000
Debt272237252232292319377430466361
Long Term Debt1571251641281191101029690350
Short Term Debt1141128710417320927533437611
Trade Payables143120899662626776497
Others Liabilities -58-4928292632423730116
Total Liabilities 394299790798793863891871804625

Fixed Assets

Gross Block725726702708714717776849859375
Accumulated Depreciation5075232245689111614317227
Net Fixed Assets218204680663646626660706687349
CWIP 0122165666000
Investments 0000000000
Inventories7339326453837289565
Trade Receivables5220402524293227248
Cash Equivalents 2331031000
Others Assets493333425366614837263
Total Assets 394299790798793863891871804625

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity 1983-4611-154836-111130
PBT -13-949-15-3238-45-77-70-118
Adjustment 315853375052576262132
Changes in Working Capital 267-109-12-34-422441817
Tax Paid 0010000000
Cash Flow From Investing Activity 43-10-3-21-46-65-7-102
Capex 38-1-2-6-21-43-68-7-100
Net Investments 00110-33000
Others 5012000002
Cash Flow From Financing Activity -61-8147-935-22918-1-32
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing -19-33103-7-12-13-10-97-29
Interest Paid -49-46-31-18-21-25-28-32-8-4
Dividend Paid 0000000000
Others 7-3-24176835675900
Net Cash Flow 101-1-100000
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)-34.39N/A2.33-2.06-7.018.87-10.44-20.99-0.520.96
ROCE (%)10.02N/A8.561.38-1.038.92-1.58-5.12-0.20.31
Asset Turnover Ratio1.061.090.70.490.550.610.380.30.040.07
PAT to CFO Conversion(x)N/AN/A-9.2N/AN/A1.26N/AN/AN/A15
Working Capital Days
Receivable Days4235293121193341294126
Inventory Days57543445494984111829238
Payable Days1291581791641141041251721,474481

Shree Rama Newsprint Ltd Stock News

Shree Rama Newsprint Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Shree Rama News on 28-Mar-2024 16:01 is ₹14.93.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 28-Mar-2024 16:01 the market cap of Shree Rama News stood at ₹216.7.
The latest P/E ratio of Shree Rama News as of 28-Mar-2024 16:01 is 0.00.
The latest P/B ratio of Shree Rama News as of 28-Mar-2024 16:01 is 1.89.
The 52-week high of Shree Rama News is ₹24.38 and the 52-week low is ₹10.30.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Shree Rama News is ₹47.42 ( Cr.) .

About Shree Rama Newsprint Ltd

Rama Newsprint and Papers Ltd. established in 1996 is the India’s largest private sector Newsprint and Printing & Writing paper manufacturing facility at a single location, having an installed capacity, based on Virgin Pulp as well as Recycled fibre, to manufacture either 1,44,000 tonnes per annum of Newsprint or 1,80,000 tonnes per annum of Printing & Writing paper or a mix of both.

The mill is equipped to manufacture Newsprint and Printing & Writing Paper from Virgin Pulp as well as Non-Conventional raw materials. The company has also demonstrated deep commitment to the cause of preserving the environment, by setting up a state of the art facility for manufacture of Environ Friendly Chlorine free paper.

The company is the India’s largest private sector Newsprint and Printing & Writing Paper manufacturing Company at a single location in India, meeting 22% of India's newsprint production capacity. Set up with an equity of Rs. 233 crore ($50 million) and Spread over 450 acres of land in Village Barbhodhan, Gujarat, the company is managed by a professional Board of Directors having vast experience in related fields.

The fact that the company has its captive power plant and captive water works, means uninterrupted power and water supply leading to non-stop production.

A contributing feature is the in-house engineering workshop for preventive maintenance and repairs leading to continuous improvisation of process, quality and productivity. Technical collaboration with world leaders in the newsprint industry and aided by a highly qualified and committed workforce of about 500 personnel has now seen us diversify into synergetic industries as well as establish an export presence in Asia and Africa.

The company has tapped the ready market by focussing its exports to Bangladesh, Sri Lanka, Nepal, etc., in South Asia, the Middle East and West Asia as well as the continents of Africa.

Product range of the company includes:

  • Cream Wove 
  • Super Printing
  • Base Paper for coating
  • Maplitho
  • SS Maplitho
  • Copier Paper
  • Newsprint

The Printing & Writing Papers was included in its product mix from January 2002.

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