South India Paper Mills
Forest Materials
516108 BSE
₹116.45
Close ·
- P/E
- 14.82
Close 4 Nov 2026 ₹116.45 +36.45 +45.6% 1Y
Start ₹80.00
Key Fundamentals
MicrocapPaper, Forest & Jute ProductsForest MaterialsPrice-based figures at the close · EPS basis: Standalone · TTM
- ROCE
- 9.07%
- Debt to Equity
- 0.70
- EPS (TTM)
- ₹7.86
- Book Value
- ₹123.55
- Market Cap
- —
- P/E (TTM)
- 14.82
- P/B
- 0.94
- ROE
- 4.76%
- Dividend Yield
- 0.84%
- EBITDA
- ₹51.30 Cr
- 52W High
- ₹136.00
- 52W Low
- ₹78.00
Tapetide Score
Data-driven rating, 0–100, as of . How it works →
Overall score
60 Good
Data confidence 100/100
Category scores
- Quality
- 63
- Good
- Returns, margins, earnings quality 22% weight
- Valuation
- 68
- Strong
- Cheap vs sector & own history 24% weight
- Growth
- 55
- Good
- Sales & profit trajectory 9% weight
- Financial Health
- 28
- Poor
- Solvency, leverage, coverage 9% weight
- Momentum
- 86
- Strong
- Trend strength, vol-adjusted 12% weight
- Ownership
- 50
- Average
- FII/DII/promoter flows 24% weight
The Tapetide Score is data analysis, not investment advice. Tapetide is not a SEBI-registered research analyst or investment adviser.
Key Insights
Strengths
1- Stock is trading at 0.97 times its book value
Weaknesses
4- Company has low interest coverage ratio.
- Promoter holding is low: 27.8%
- Company has a low return on equity of -2.22% over last 3 years.
- Promoter holding has decreased over last 3 years: -5.33%
Technical Indicators
| Group | Signal | Bearish | Neutral | Bullish |
|---|---|---|---|---|
| Overall | Bullish | 6 | 6 | 7 |
| Oscillators | Bullish | 1 | 6 | 2 |
| Moving Averages | Neutral | 5 | 0 | 5 |
Oscillators
Bullish
Bearish
1
Neutral
6
Bullish
2
Overall
Bullish
Bearish
6
Neutral
6
Bullish
7
Moving Averages
Neutral
Bearish
5
Neutral
0
Bullish
5
Key readings
- RSI (14)
- 49.05
- Neutral
- MACD (12,26,9)
- 0.15
- Bullish
- SMA (50)
- 117.76
- Bearish
- SMA (200)
- 101.47
- Bullish
As of
Growth Rate
From the financial statements below. 10Y, 5Y, 3Y: compound annual growth to Mar 2026; 1Y: fiscal year to Mar 2026 against Mar 2025; TTM: four quarters to Jun 2026 against Jun 2025.
Revenue
| 10Y | +7.66% |
|---|---|
| 5Y | +13.78% |
| 3Y | +14.52% |
| 1Y | +17.44% |
| TTM | +15.05% |
Net profit
| 10Y | −7.51% |
|---|---|
| 5Y | −10.35% |
| 3Y | Turned to profit |
| 1Y | Turned to profit |
| TTM | Turned to profit |
Operating cash flow
| 10Y | +3.67% |
|---|---|
| 5Y | +14.34% |
| 3Y | +250.34% |
| 1Y | +7.50% |
| TTM | — |
TTM: Reported once a year, so there is no trailing-twelve-month figure.
Operating margin· change in pp
| 10Y | −5.65 pp |
|---|---|
| 5Y | −4.98 pp |
| 3Y | +13.92 pp |
| 1Y | +5.84 pp |
| TTM | +5.46 pp |
Revenue by year
| Mar 2017 | ₹195 Cr |
|---|---|
| Mar 2018 | ₹134 Cr |
| Mar 2019 | ₹241 Cr |
| Mar 2020 | ₹216 Cr |
| Mar 2021 | ₹226 Cr |
| Mar 2022 | ₹304 Cr |
| Mar 2023 | ₹287 Cr |
| Mar 2024 | ₹311 Cr |
| Mar 2025 | ₹367 Cr |
| Mar 2026 | ₹431 Cr |
Net profit by year
| Mar 2017 | ₹12.00 Cr |
|---|---|
| Mar 2018 | ₹1.00 Cr |
| Mar 2019 | ₹18.00 Cr |
| Mar 2020 | ₹16.00 Cr |
| Mar 2021 | ₹19.00 Cr |
| Mar 2022 | ₹22.00 Cr |
| Mar 2023 | −₹17.00 Cr |
| Mar 2024 | −₹13.00 Cr |
| Mar 2025 | −₹10.00 Cr |
| Mar 2026 | ₹11.00 Cr |
Quarterly Results
₹ Cr| Particulars | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 76.93 | 72.8 | 71.91 | 90.66 | 89.83 | 102 | 83.57 | 94.14 | 107 | 112 | 101 | 114 | 118 |
| Expenses | 74.32 | 68.16 | 67.2 | 85.38 | 85.07 | 95.34 | 79.35 | 88.1 | 96.48 | 98.65 | 89.19 | 98.91 | 102 |
| Operating Profit | 2.61 | 4.64 | 4.71 | 5.28 | 4.76 | 6.43 | 4.22 | 6.04 | 10.41 | 12.92 | 12.18 | 15.08 | 15.25 |
| OPM % | 3.39% | 6.37% | 6.55% | 5.82% | 5.3% | 6.32% | 5.05% | 6.42% | 9.74% | 11.58% | 12.02% | 13.23% | 12.97% |
| Other Income | 0.46 | 0.14 | 0.14 | 0.42 | 0.49 | 0.96 | 0.36 | 0.15 | 0.15 | 0.16 | 0.07 | 0.3 | 0.17 |
| Interest | 4.13 | 4.73 | 4.71 | 4.81 | 4.92 | 4.87 | 4.89 | 4.94 | 5.1 | 5.16 | 4.9 | 5.11 | 4.58 |
| Depreciation | 4.47 | 4.56 | 4.4 | 4.46 | 4.13 | 4.13 | 4.14 | 4.17 | 4.15 | 4.16 | 4.17 | 4.17 | 4.18 |
| PBT | −5.53 | −4.51 | −4.26 | −3.57 | −3.8 | −1.61 | −4.45 | −2.92 | 1.31 | 3.76 | 3.18 | 6.1 | 6.66 |
| Tax % | −25.14% | −25.28% | −25.12% | −23.81% | −25.26% | −25.47% | −25.17% | −22.6% | 25.19% | 25.27% | 25.16% | 25.08% | 25.23% |
| Net Profit | −4.14 | −3.38 | −3.19 | −2.73 | −2.84 | −1.21 | −3.33 | −2.26 | 0.98 | 2.81 | 2.37 | 4.57 | 4.98 |
| EPS (₹) | −2.21 | −1.8 | −1.7 | −1.46 | −1.51 | −0.65 | −1.78 | −1.21 | 0.52 | 1.5 | 1.26 | 2.44 | 2.66 |
Profit & Loss
₹ Cr| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 185 | 206 | 195 | 134 | 241 | 216 | 226 | 304 | 287 | 311 | 367 | 431 | 445 |
| Expenses | 155 | 170 | 164 | 122 | 204 | 182 | 188 | 266 | 293 | 293 | 346 | 380 | 389 |
| Operating Profit | 29 | 36 | 31 | 13 | 37 | 35 | 38 | 38 | −6 | 17 | 22 | 51 | 55 |
| OPM % | 16% | 18% | 16% | 9% | 15% | 16% | 17% | 12% | −2.1% | 6% | 6% | 12% | 12% |
| Other Income | 1 | 9 | 1 | 2 | 1 | 1 | 3 | 3 | 14 | 1 | 2 | 1 | 1 |
| Interest | 2 | 2 | 4 | 5 | 5 | 4 | 5 | 6 | 16 | 19 | 20 | 21 | 20 |
| Depreciation | 8 | 8 | 10 | 9 | 10 | 10 | 10 | 9 | 16 | 18 | 17 | 17 | 17 |
| PBT | 21 | 35 | 18 | 1 | 23 | 21 | 27 | 26 | −24 | −18 | −13 | 14 | 20 |
| Tax % | 35% | 31% | 34% | −19% | 21% | 25% | 28% | 16% | −31% | −25% | −25% | 25% | — |
| Net Profit | 14 | 24 | 12 | 1 | 18 | 16 | 19 | 22 | −17 | −13 | −10 | 11 | 15 |
| EPS (₹) | 9.02 | 16.06 | 7.97 | 0.63 | 12.25 | 10.63 | 12.7 | 14.44 | −8.89 | −7.16 | −5.14 | 5.73 | 7.86 |
| Div. Payout % | 28% | 19% | 19% | 158% | 12% | 14% | 8% | 7% | 0% | 0% | 0% | 0% | — |
Balance Sheet
₹ Cr| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 15 | 15 | 15 | 15 | 15 | 15 | 15 | 15 | 19 | 19 | 19 | 19 |
| Reserves | 93 | 112 | 126 | 125 | 141 | 154 | 171 | 191 | 215 | 202 | 192 | 204 |
| Borrowings | 17 | 34 | 45 | 53 | 38 | 42 | 100 | 199 | 192 | 198 | 175 | 156 |
| Other Liabilities | 37 | 55 | 44 | 42 | 45 | 42 | 53 | 66 | 65 | 38 | 57 | 71 |
| Total Liabilities | 162 | 216 | 230 | 235 | 239 | 253 | 339 | 471 | 490 | 457 | 443 | 449 |
| Fixed Assets | 79 | 114 | 136 | 130 | 132 | 128 | 120 | 304 | 343 | 331 | 317 | 305 |
| CWIP | 2 | 16 | 11 | 15 | 8 | 15 | 106 | 39 | 17 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 82 | 86 | 83 | 90 | 99 | 110 | 113 | 127 | 129 | 125 | 125 | 144 |
| Total Assets | 162 | 216 | 230 | 235 | 239 | 253 | 339 | 471 | 490 | 457 | 443 | 449 |
Cash Flow
₹ Cr| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating | 15 | 30 | 26 | −2 | 39 | 40 | 22 | 39 | 1 | −18 | 40 | 43 |
| Investing | −7 | −44 | −29 | 1 | −12 | −31 | −77 | −105 | −13 | −1 | 2 | −1 |
| Financing | −4 | 12 | 3 | −2 | −21 | −3 | 51 | 84 | 18 | −12 | −41 | −39 |
| Net Cash Flow | 3 | −2 | 1 | −2 | 5 | 6 | −4 | 18 | 5 | −32 | 1 | 2 |
| Free Cash Flow | 7 | −23 | −3 | −1 | 26 | 8 | −57 | −66 | −13 | −20 | 38 | 39 |
| CFO/EBITDA | 68 | 106 | 103 | −13 | 121 | 125 | 68 | 111 | −58 | −105 | 185 | 83 |
Ratios
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 60 | 64 | 56 | 104 | 60 | 50 | 75 | 58 | 56 | 69 | 58 | 65 |
| Inventory Days | 123 | 103 | 109 | 197 | 120 | 126 | 107 | 83 | 94 | 88 | 77 | 69 |
| Days Payable | 54 | 69 | 60 | 98 | 71 | 52 | 57 | 52 | 76 | 37 | 30 | 34 |
| Cash Conversion Cycle | 129 | 98 | 105 | 203 | 108 | 123 | 125 | 88 | 74 | 120 | 106 | 100 |
| Working Capital Days | 61 | 35 | 56 | 109 | 71 | 44 | 27 | −14 | −25 | 2 | −8 | 7 |
| ROCE % | 19% | 20% | 13% | 2% | 14% | 13% | 11% | 8% | −5% | 0% | 1% | 9% |
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
Log in to view South India Paper Mills insights
29 extracted metrics across FY15–FY27.
Documents
- 18 Feb 2026
- 17 Jan 2025
- 21 Jun 2024
- 21 Jun 2023
- 5 Jun 2023
Frequently Asked Questions about South India Paper Mills
What does South India Paper Mills Ltd do?
Incorporated in 1959, The South India Paper Mills Ltd manufactures Paper, Paperboards, Cartons and Power Generation
Where is South India Paper Mills Ltd (STHINPA) listed?
South India Paper Mills Ltd trades under code 516108 on the BSE.
Which sector does South India Paper Mills Ltd belong to?
South India Paper Mills Ltd is classified under the Forest Materials sector, in the Paper & Paper Products industry.
What is the PE ratio of South India Paper Mills Ltd?
South India Paper Mills Ltd trades at a PE ratio of 14.82 as of 4 Nov 2026, on earnings per share of ₹7.86, against a book value of ₹123.55 per share.
What is the 52-week high and low of South India Paper Mills Ltd?
Over the last 52 weeks South India Paper Mills Ltd has traded between ₹78 and ₹136 as of 4 Nov 2026.
Does South India Paper Mills Ltd pay dividends?
South India Paper Mills Ltd has a dividend yield of 0.84%.
What is the Return on Equity (ROE) of South India Paper Mills Ltd?
South India Paper Mills Ltd reported a return on equity of 4.76%. Its debt-to-equity ratio is 0.70.
Company Information
Incorporated in 1959, The South India Paper Mills Ltd manufactures Paper, Paperboards, Cartons and Power Generation
Website sipaper.com
Face Value ₹10
For AI agents and developers
Reading this as an AI agent, LLM or automated pipeline? Every page on Tapetide is also published as clean Markdown — no navigation, no scripts, just the data. Fetch https://tapetide.com/stocks/516108.md for South India Paper Mills Ltd: dated key facts, then this page's sections in order: latest price, key fundamentals, peer comparison, the Tapetide Score, technical indicators, analyst ratings, growth rates, analyst forecasts, the AI analysis and news digest (labelled as AI-generated), financial statements, shareholding pattern, documents and the FAQ.
Append .md to any Tapetide URL for
the same treatment. A full index of what we publish is at /llms.txt and /llms-full.txt. For
live, structured queries instead of documents, use our Indian stock market MCP server.