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Sundaram Multi Pap Ltd (SUNDARAM)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 533166 NSE: SUNDARAM Printing & Stationery | Small Cap | Sundaram Multi Pap Share Price

₹1.31 -0.01 (-0.76%)

As on 02-Jul'26 16:59

Sundaram Multi Pap Ltd (SUNDARAM)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 533166 NSE: SUNDARAM Printing & Stationery | Small Cap | Sundaram Multi Pap Share Price

₹1.31 -0.01 (-0.76%)

As on 02-Jul'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹62 Cr.
Current Price
₹1.3
52-Week Low / High
₹1 / 2
TTM EPS
₹0.1
TTM Sales
₹137 Cr.
Book Value per Share
₹1.9
P/E Ratio
19.52
Industry PE
46
Price to Book (P/B)
0.68
Lower than its 5-year historical median
Price to Sales (P/S)
0.45
Lower than its 5-year historical median
EV/EBITDA
10.30
Lower than its 5-year historical median
Dividend Yield
0%
Profitability Efficiency
Return on Equity (ROE)
-5.68%
Underperforms industry median
Return on Capital Employed (ROCE)
-2.04%
Underperforms industry median
Return on Assets (ROA)
-4.00%
Operating Profit Margin
1.3%
Net Profit Margin
-4.02%
Gross Profit Margin
0.7%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Slowing versus 3-year growth rate
0.3%
Operating Profit Growth (1 Year)
Slowing versus 3-year growth rate
-61.86%
Net Profit Growth (1 Year)
-
-
Asset Quality
Promoter Holding
31.11%
Pledged shares (%) of Promoter's holding (%)
2.22%
Reserves
₹43 Cr.
Equity
₹47.4 Cr.
Face Value
₹1
All Time Low / High
₹1.02 / 48.15

Sundaram Multi Pap stock performance

Key Ratios
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Check Before You Invest

M-Cap below 100cr DeciZen not available

Q.1 Is Sundaram Multi Pap Ltd a good quality company?
Sundaram Multi Pap Ltd is a quality company, based on a 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 Sundaram Multi Pap Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Sundaram Multi Pap Ltd vs industry peers?
Sundaram Multi Pap Ltd revenue CAGR is 5.61%, compared to the industry median CAGR of 3.76%, indicating faster growth and gaining its market share.
Q.1 Promoter shareholding and pledge status of Sundaram Multi Pap Ltd?
Promoters hold 31.11% of the Sundaram Multi Pap Ltd, with 2.22% of their stake pledged, indicating low pledge risk.
Q.1 Stock return of Sundaram Multi Pap Ltd over the last decade?
Over the last 9 year(s), the stock has delivered a CAGR of -5.2% based on the current price.

10 Year X-Ray : Login to view analysis.

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.
Sundaram Multi Pap Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
ROCE % 2.7%3.6%-3.9%8.9%4.9%-2%7%5.3%-1.1%-2%-
Value Creation
Index
-0.8-0.7-1.3-0.4-0.7-1.2-0.5-0.6-1.1-1.2-

Growth Parameters

Sales 9694.410699.69750.670.4114127127137
Sales YoY Gr.--1.7%12.8%-6.5%-2.6%-47.8%39.1%62.6%11.1%0.3%-
Adj EPS -0.10.1-0.10.1-0.1-0.20.10.1-0.1-0.10.1
YoY Gr.-NA-200%NA-175%NANA11.1%-180%NA-
BVPS (₹) 3.14.23.62.22.11.922.121.91.9
Adj Net
Profit
-1.71.8-25.9-4.3-8.84.44.7-3.8-5.33
Cash Flow from Ops. 20.81.24.27.93.15.65.411.45.46.9-
Debt/CF from Ops. 4.452.713.75.615.18.17.435.93.7-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales 3.2%5.6%21.9%0.3%
Adj EPS NANA-206.9%NA
BVPS-5.5%-2.6%-2.6%-5.1%
Share Price -10.2% -7% -16.3% -40.7%

Key Financial Parameters

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
-1.61.7-25.9-4.2-9.24.74.8-4-5.93.7
Op. Profit
Mgn %
12.516.411.214.96.9-2.7168.33.41.34.3
Net Profit
Mgn %
-1.81.9-1.95.9-4.4-17.36.24.1-3-4.12.4
Debt to
Equity
1.40.60.60.40.50.50.40.40.30.30
Working Cap
Days
39537031833035865245724518617489
Cash Conv.
Cycle
23916611114719234022014113112954

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Sales96.0294.35106.4699.5996.9950.5970.36114.37127.05127.43
Operating Expenses + 84.0578.8894.5284.8290.3652.0359.15104.83122.76125.78
Manufacturing Costs4.133.955.195.735.823.524.516.888.289.48
Material Costs74.0968.7477.6367.1770.7137.5143.0480.0199.3193.49
Employee Cost 2.853.134.266.477.086.607.228.6310.3413.14
Other Costs 2.983.067.445.446.754.404.399.314.839.67
Operating Profit 11.9715.4711.9314.776.63-1.4411.209.544.301.64
Operating Profit Margin (%) 12.5%16.4%11.2%14.8%6.8%-2.8%15.9%8.3%3.4%1.3%
Other Income + 2.602.262.222.104.712.452.714.320.291.98
Exceptional Items -6.89-9.70-18.50000-0.64-2.96-1.86-1.71
Interest 12.2710.858.677.449.926.165.434.383.662.70
Depreciation 3.282.221.843.574.113.873.813.894.144.34
Profit Before Tax -7.87-5.04-14.875.86-2.70-9.024.032.63-5.08-5.12
Tax -1.45-0.02-000-0.180.120.0400
Profit After Tax -6.41-5.01-14.865.86-2.70-8.843.912.59-5.08-5.12
PAT Margin (%) -6.7%-5.3%-14.0%5.9%-2.8%-17.5%5.6%2.3%-4.0%-4.0%
Adjusted EPS (₹)-0.3-0.2-0.60.1-0.1-0.20.10.1-0.1-0.1
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Valuation of Sundaram Multi Pap - 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 + 101.78103.2796.34102.5599.7690.9294.9897.7092.6387.54
Share Capital 21.5624.5627.1647.3947.3947.3947.3947.3947.3947.39
Reserves 80.2278.7169.1855.1752.3743.5347.5950.3245.2440.15
Debt +64.9659.6551.3138.9441.6839.7240.0534.1831.8525.51
Long Term Debt21.8416.6510.931.6023.8221.6516.0424.7223.474.92
Short Term Debt43.124340.3837.3517.8618.07249.468.3820.59
Minority Interest0000000000
Trade Payables9.5014.0318.889.613.936.604.652.356.642.85
Others Liabilities 30.3119.508.3412.4513.1710.446.333.853.455.71
Total Liabilities 206.55196.45174.88163.55158.54147.68146.01138.07134.58121.60

Fixed Assets

Net Fixed Assets +87.2354.1752.5766.7363.9560.1156.5471.1869.2751.03
Gross Block119.3456.3871.3199.32100.1199.52100.37118.76120.98107.08
Accumulated Depreciation32.112.2218.7432.5936.1639.4243.8347.5751.7156.05
CWIP 0000000000
Investments 2538.7038.7000.050.050.050.0500
Inventories41.9324.6136.7339.2738.9930.8933.4133.9841.1032.82
Trade Receivables27.0524.8516.2121.2017.0317.5015.8512.6011.8814.69
Cash Equivalents 1.320.160.030.380.880.370.362.540.2214.21
Others Assets 24.0253.9830.6435.9837.6338.7639.7917.7212.118.86
Total Assets 206.55196.45174.88163.55158.54147.68146.01138.07134.58121.60

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity + 20.821.234.157.943.085.595.4111.355.416.89
PBT -7.87-5.04-14.876.60-1.96-9.024.032.63-5.08-5.12
Adjustment 4.5510.7825.908.558.717.869.408.107.665.20
Changes in Working Capital 24.21-4.51-6.89-7.15-3.726.75-7.940.632.836.81
Tax Paid -0.0800-0.060.050-0.08000
Cash Flow From Investing Activity + 10.440.924.74-4.324.442-0.32-0.58-1.9316.12
Capex 9.51-1.373.44-6.212.45-0.31-0.27-0.52-1.9216.23
Net Investments 0.0100-0.04-0.10-0.06-0.05-0.06-0.03-0.14
Others 0.932.291.301.932.102.37000.010.04
Cash Flow From Financing Activity + -30.54-3.29-9.02-3.39-7.03-8.09-5.10-8.60-5.78-9.02
Net Proceeds from Shares 012.307.9319.60000000
Net Proceeds from Borrowing 000-9.4822.35-2.18-5.6110.03-1.24-18.55
Interest Paid -12.22-10.81-8.61-7.40-9.89-6.13-5.42-4.09-3.46-2.68
Dividend Paid 0000000000
Others -18.32-4.78-8.34-6.11-19.490.225.93-14.54-1.0812.20
Net Cash Flow 0.72-1.13-0.130.230.50-0.51-0.012.17-2.3113.99

Financial Ratio

PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)-9.26-5.92-14.895.9-2.67-9.274.212.69-5.34-5.68
ROCE (%)2.653.58-3.858.854.92-2.036.985.25-1.11-2.04
Asset Turnover Ratio0.450.480.580.590.60.330.480.810.930.99
PAT to CFO Conversion(x)N/AN/AN/A1.35N/AN/A1.384.38N/AN/A
Working Capital Days
Receivable Days90.4097.7069.9068.6072124.6086.5045.4035.2038.10
Inventory Days196.30125.20104.40139.30147.30252.10166.80107.50107.90105.90
Payable Days46.7062.5077.4077.4034.9051.2047.701616.5018.50

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *2.222.222.222.222.222.222.222.222.222.22
* Pledged shares as % of Promoter's holding (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Sundaram Multi Pap Ltd FAQs

The current trading price of Sundaram Multi Pap on 02-Jul-2026 16:59 is ₹1.31.

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 01-Jul-2026 the market cap of Sundaram Multi Pap stood at ₹62.08 Cr

The latest P/E ratio of Sundaram Multi Pap as of 01-Jul-2026 is 19.52.

The latest P/B ratio of Sundaram Multi Pap as of 01-Jul-2026 is 0.68.

The 52-week high of Sundaram Multi Pap is ₹2.40 and the 52-week low is ₹1.06.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Sundaram Multi Pap is ₹137 ( Cr.) .

Past 10 year's financial track record analysis by Moneyworks4me indicates that Sundaram Multi Pap Ltd is a average quality company.

The key valuation ratios of Sundaram Multi Pap Ltd's currently when compared to its past seem to suggest it is in the Somewhat Undervalued zone.

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

About Sundaram Multi Pap Ltd

‘Sundaram’ Brand and subsequently a public limited company incorporated in the year 1995. The company manufactures exercise books and other paper stationery products for education & corporate sector. The company caters to the need of domestic market with strong presence in the state of Maharashtra & Gujarat. The company also exports its products to Africa & USA Markets.

The manufacturing activity extended in the area of more than 1 lakh sq. ft. located at logistically ideal site i.e. Palghar, the outskirts of Mumbai. The company has a manufacturing capability of more than 5 lakh books per day with the help of state of the art automatic German technology machinery in combination with Indian technology machinery and requisite infrastructure in place, which makes an ideal mix.

The company has state of the art machines with fully automatic exercise books line and advanced machinery. 'Sundaram' brand paper stationeries are popular in domestic market as well as in the international market. The company exports its products to the Middle East, U. S. A. and major African countries. To meet customers' requirements viz. size of the product, quality of the paper, design of the cover, etc. the company undertakes extreme precaution.

Sundaram Multi Pap Ltd. has a very wide demand in the Domestic as well as in the International Market. It has sufficient plant & machinery, to cope up with the increasing demand in the export as well as the domestic market.

The company has imported a German plant to fulfill the demand of their customers. Sundaram tries to provide good quality and square back exercise book to its foreign customers.

Product range of the company:

Sundaram' is the only company across India with widest range of school paper stationery products in its product basket which suites to each and every class of student in domestic market and also at the international front.  

Local

  • Long Exercise Book- Friendly
  • Long Exercise Book -Cool
  • Long Exercise Book -Winner
  • MR big
  • Drawing book
  • Other paper stationery
  • Education stationery
  • Office paper stationery

International

  • Exercise Book
  • Arabic Exercise Book 
  • Cahier 
  • French Exercise Book 
  • A4 Exercise Book 
  • A4 French Book 
  • Hard Bound
  • Counter Book 
  • Hard Bound
  • Counter Book 
  • Hard Bound
  • Manuscript Book
  • Single Colour
  • Exercise Book 
  • A4 Single Colour
  • Exercise Book 
  • Ruled/Square
  • Paper  Typing
  • Duplicate Paper 
  • Copier Paper/Multi Purpose Paper
  • A4 Locked
  • Spiral Notebook 
  • Locked Spiral
  • Shorthand Notebook 
  • Full Hard
  • Bound Book
  • Account Book 
  • Locked Spiral Poly Cover
  • Subject Book 
  • Drawing Book  Manila
  • Colour Bound
  • Normal File  

Achievements/ recognition:-

  • Best Export Award for the year 2007-08
  • 2010 The Company has successfully launched a new business vertical-an innovative educational content under the brand name ""e-class"".
  • 2011 E-Class Education Systems Ltd launched its new Education Portal
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