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Shree Rama Newsprint Ltd (RAMANEWS)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 500356 NSE: RAMANEWS Paper & Paper Products | Small Cap | Shree Rama News Share Price

₹29.12 0.12 (0.41%)

As on 04-Jun'26 16:59

Shree Rama Newsprint Ltd (RAMANEWS)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 500356 NSE: RAMANEWS Paper & Paper Products | Small Cap | Shree Rama News Share Price

₹29.12 0.12 (0.41%)

As on 04-Jun'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹430 Cr.
Current Price
₹29.1
52-Week Low / High
₹26 / 42
TTM EPS
₹-2.3
TTM Sales
₹32.7 Cr.
Book Value per Share
₹-3.3
P/E Ratio
0.00
Industry PE
16.9
Price to Book (P/B)
-8.94
Lower than its 5-year historical median
Price to Sales (P/S)
13.13
Higher than its 5-year historical median
EV/EBITDA
112.80
Higher than its 5-year historical median
Dividend Yield
0.00%
Profitability Efficiency
Return on Equity (ROE)
-73.29%
Underperforms industry median
Return on Capital Employed (ROCE)
1.87%
Underperforms industry median
Return on Assets (ROA)
-5.13%
Operating Profit Margin
15.9%
Net Profit Margin
-64.84%
Gross Profit Margin
-55.4%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Slowing versus 3-year growth rate
-6.19%
Operating Profit Growth (1 Year)
Slowing versus 3-year growth rate
7.18%
Net Profit Growth (1 Year)
-
-
Asset Quality
Promoter Holding
74.76%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹-196 Cr.
Equity
₹147.5 Cr.
Face Value
₹10
All Time Low / High
₹1.55 / 58.30

Shree Rama Newsprint stock performance

Key Ratios
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Valuation

Overvalued

Price Trend

Semi Strong
Q.1 Is Shree Rama Newsprint Ltd a good quality company?
Shree Rama Newsprint Ltd is a weak quality company, based on a inconsistent multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

How does Shree Rama Newsprint Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Shree Rama Newsprint Ltd vs industry peers?
Shree Rama Newsprint Ltd revenue CAGR is -33.39%, compared to the industry median CAGR of 5.29%, indicating slower growth and losing its market share.
Q.1 Promoter shareholding and pledge status of Shree Rama Newsprint Ltd?
Promoters hold 74.76% of the Shree Rama Newsprint Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Shree Rama Newsprint Ltd over the last decade?
Over the last 9 year(s), the stock has delivered a CAGR of 2.9% based on the current price.

10 Year X-Ray :

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

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
ROCE % 8.6%1.4%-1%8.9%-1.6%-5.1%-0.2%0.3%0.8%1.9%-
Value Creation
Index
-0.4-0.9-1.1-0.4-1.1-1.4-1.0-1.0-0.9NA-

Growth Parameters

Sales 38239043450433726531.946.74744.133
Sales YoY Gr.-2.3%11.1%16.2%-33.2%-21.3%-88%46.6%0.7%-6.2%-
Adj EPS -0.5-1-2.12.6-3-5.2-0.10.1-2.2-1.9-2.3
YoY Gr.-NANANA-215.3%NANANA-1692.9%NA-
BVPS (₹) 35.73027.930.527.522.317.59.56.3-1-3.3
Adj Net
Profit
-6.1-14.3-31.538.7-44.6-77.1-1.52-32.9-28.7-34
Cash Flow from Ops. -45.810.7-15.447.636.3-11.210.83013.29.2-
Debt/CF from Ops. -5.622.9-19.8710.8-39.944.612.127.639.3-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales -21.3%-33.4%11.5%-6.2%
Adj EPS NANANANA
BVPS-166.9%-151.1%-138%-115.4%
Share Price 1.9% 9.6% 30.8% -27.4%

Key Financial Parameters

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
-2.9-3.3-7.49-10.4-21-0.51-28.3-73.5109
Op. Profit
Mgn %
-3.742.317.72.6-6.19.29.813.915.90.7
Net Profit
Mgn %
-1.6-3.7-7.37.7-13.3-29.1-4.64.3-70-65-103.7
Debt to
Equity
0.60.60.70.711.41.92.64-25.6-
Working Cap
Days
941111101111862271,611611279249607
Cash Conv.
Cycle
-31-932143674231413129-430

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Sales38239043450433726532474744
Operating Expenses + 39637542441532828129424037
Manufacturing Costs1461361411581061017131212
Material Costs21320525221718915215212117
Employee Cost 1819182019181211
Other Costs 1915132014106677
Operating Profit -141610889-163477
Operating Profit Margin (%) -3.7%4.0%2.3%17.6%2.6%-6.1%8.9%9.5%13.9%15.9%
Other Income + 621662430215
Exceptional Items 15000000000
Interest 312425293237003736
Depreciation 2223232325274444
Profit Before Tax 9-15-3238-45-77-22-33-29
Tax 4-6-20000000
Profit After Tax 5-9-3038-45-77-22-33-29
PAT Margin (%) 1.3%-2.3%-6.9%7.6%-13.3%-29.1%-4.8%4.1%-70.0%-64.8%
Adjusted EPS (₹)0.4-0.6-2.02.6-3.0-5.2-0.10.1-2.2-1.9
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Valuation of Shree Rama News - Standalone

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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Analyst's Notes

data not found
No data found!

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund + 42144241245040532825914092-14
Share Capital 118148148148148148148148148148
Reserves 303294265303258181111-7-55-162
Debt +252232292319377430466361364361
Long Term Debt1641281191101029690350350350
Short Term Debt87104173209275334376111411
Minority Interest0000000000
Trade Payables89966262677649764
Others Liabilities 28292632423730116138164
Total Liabilities 790798793863891871804625600515

Fixed Assets

Net Fixed Assets +680663646626660706687349345341
Gross Block702708714717776849859375376376
Accumulated Depreciation22456891116143172273135
CWIP 2216566600000
Investments 0000000000
Inventories32645383728956555
Trade Receivables40252429322724845
Cash Equivalents 3103100000
Others Assets 33425366614837263246164
Total Assets 790798793863891871804625600515

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity + -4611-154836-111130139
PBT 9-15-3238-45-77-70-118-48-106
Adjustment 5337505257626213254115
Changes in Working Capital -109-12-34-4224418178-0
Tax Paid 100-0000000
Cash Flow From Investing Activity + -0-3-21-46-65-7-10264
Capex -2-6-21-43-68-7-10064
Net Investments 11-0-330-0000
Others 1200000200
Cash Flow From Financing Activity + 47-935-22918-1-32-19-13
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 103-7-12-13-10-97341-10-12
Interest Paid -31-18-21-25-28-32-8-4-3-2
Dividend Paid 0000000000
Others -2417683567590-369-61
Net Cash Flow 1-1-1-00-0-0-00-0

Financial Ratio

PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)2.33-2.06-7.018.87-10.44-20.99-0.520.96-28.29N/A
ROCE (%)8.561.38-1.038.92-1.58-5.12-0.20.310.78N/A
Asset Turnover Ratio0.70.490.550.610.380.30.040.070.080.08
PAT to CFO Conversion(x)-9.2N/AN/A1.26N/AN/AN/A15N/AN/A
Working Capital Days
Receivable Days28.9030.6020.6019.1033.1040.80293.70125.7046.9036
Inventory Days33.8044.9049.3049.2084.10110.90829.10237.5036.3039
Payable Days179.20164.40114.10104.20125.401721,474.20481.10110.40104

Management X-Ray

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 (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Shree Rama Newsprint Ltd FAQs

The current trading price of Shree Rama News on 04-Jun-2026 16:59 is ₹29.12.

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 03-Jun-2026 the market cap of Shree Rama News stood at ₹429.6 Cr

The latest P/E ratio of Shree Rama News as of 03-Jun-2026 is 0.00.

The latest P/B ratio of Shree Rama News as of 03-Jun-2026 is -8.94.

The 52-week high of Shree Rama News is ₹42.00 and the 52-week low is ₹25.51.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Shree Rama News is ₹32.72 ( Cr.) .

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

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.

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

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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