---
title: "Servalakshmi Paper Ltd (SERVALL) — Share Price, Financials & Analysis"
symbol: "SERVALL"
company: "Servalakshmi Paper Ltd"
canonical: "https://tapetide.com/stocks/SERVALL"
sector: "Commodities"
industry: "Paper, Forest & Jute Products"
generated_at: "2026-09-13T18:45:29.349Z"
---

# Servalakshmi Paper Ltd (SERVALL)

Canonical page: https://tapetide.com/stocks/SERVALL

## Company

- **Sector:** Commodities
- **Industry:** Paper, Forest & Jute Products
- **Macro Sector:** Commodities
- **Stock Type:** EQUITY
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** servalakshmi.in

## About

Servalakshmi Paper Limited,Incorporated in India, listed on the Bombay Stock Exchange Limited, and National Stock Exchange Limited, the company is engaged in Paper and Power.

## Latest Price

## Key Insights

### Strengths

- Company has reduced debt.

### Weaknesses

- Company has low interest coverage ratio.
- Contingent liabilities of Rs.4.17 Cr.
- Debtor days have increased from 46.9 to 61.0 days.
- Company's cost of borrowing seems high

## Growth Rates

| Metric | 1Y | 3Y |
| --- | --- | --- |
| net income growth | 39% | — |
| revenue growth | -100% | -35% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Jun 2014 | Sep 2014 | Dec 2014 | Mar 2015 | Jun 2015 | Sep 2015 | Dec 2015 | Mar 2016 | Jun 2016 | Sep 2016 | Dec 2016 | Mar 2017 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 58 | 42 | 44 | 36 | 31 | 15 | 4 | 0 | 0 | 0 | 0 | 0 |
| Expenses | 54 | 46 | 46 | 40 | 34 | 19 | 7 | 38 | 2 | 1 | 1 | 1 |
| Operating Profit | 4 | -4 | -2 | -4 | -3 | -3 | -4 | -37 | -2 | -1 | -1 | -1 |
| OPM % | 6 | -9 | -4.1 | -12 | -10 | -20 | -93 | -12068 | -2700 | -1075 | -3033 | — |
| Other Income | 2 | 1 | 1 | 2 | 2 | 1 | -24 | -1 | 0 | 0 | 0 | 0 |
| Interest | 9 | 10 | 10 | 2 | 8 | 8 | 17 | 15 | 12 | 12 | 12 | 12 |
| Depreciation | 3 | 3 | 4 | 0 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 2 |
| Profit before tax | -6 | -16 | -15 | -5 | -12 | -13 | -47 | -55 | -16 | -16 | -15 | -15 |
| Tax % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Profit | -6 | -16 | -15 | -5 | -12 | -13 | -47 | -55 | -16 | -16 | -15 | -15 |
| EPS in Rs | -1.5 | -3.72 | -3.43 | -1.12 | -2.76 | -3.01 | -10.92 | -12.87 | -3.77 | -3.69 | -3.58 | -3.52 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2008 | Mar 2009 | Mar 2010 | Jun 2011 15m | Mar 2012 9m | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 0 | 0 | 0 | 131 | 54 | 180 | 222 | 180 | 50 | 0 |
| Expenses | 0 | 0 | 0 | 138 | 79 | 172 | 212 | 184 | 97 | 5 |
| Operating Profit | 0 | 0 | 0 | -7 | -25 | 8 | 10 | -4 | -47 | -5 |
| OPM % | — | — | — | -5 | -45 | 4.3 | 4.5 | -2.3 | -93 | -2105 |
| Other Income | 0 | 0 | 0 | 4 | 6 | 4 | 12 | 6 | -23 | 0 |
| Interest | 0 | 0 | 0 | 37 | 31 | 44 | 37 | 34 | 48 | 48 |
| Depreciation | 0 | 0 | 0 | 14 | 8 | 14 | 14 | 10 | 10 | 10 |
| Profit before tax | 0 | 0 | 0 | -54 | -58 | -46 | -28 | -42 | -127 | -63 |
| Tax % | 50 | 29 | 12 | 0 | 0 | 0 | 0 | 0 | 0 | — |
| Net Profit | 0 | 0 | 0 | -54 | -58 | -46 | -28 | -42 | -127 | -63 |
| EPS in Rs | — | — | — | -12.44 | -13.45 | -10.62 | -6.55 | -9.76 | -29.55 | -14.56 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2008 | Mar 2009 | Mar 2010 | Jun 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Sep 2016 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 4 | 8 | 21 | 43 | 43 | 43 | 43 | 43 | 43 | 43 |
| Reserves | 17 | 34 | 33 | 19 | -39 | -85 | -113 | -155 | -283 | -315 |
| Borrowings | 18 | 124 | 231 | 266 | 303 | 334 | 361 | 347 | 260 | 205 |
| Other Liabilities | 3 | 8 | 18 | 42 | 38 | 43 | 63 | 127 | 273 | 349 |
| Total Liabilities | 42 | 174 | 302 | 371 | 345 | 335 | 354 | 362 | 294 | 282 |
| Fixed Assets | 3 | 3 | 4 | 260 | 256 | 244 | 233 | 231 | 226 | 220 |
| CWIP | 25 | 140 | 256 | 1 | 4 | 4 | 5 | 3 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 14 | 31 | 42 | 110 | 84 | 87 | 115 | 127 | 68 | 62 |
| Total Assets | 42 | 174 | 302 | 371 | 345 | 335 | 354 | 362 | 294 | 282 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Jun 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | -10 | 4 | -10 | -6 | -36 | -2 | 11 | 29 | 3 | -4 |
| Cash from Investing Activity | -1 | -26 | -108 | -95 | -14 | -8 | -1 | -4 | -6 | -1 |
| Cash from Financing Activity | 16 | 24 | 117 | 97 | 57 | 4 | -10 | -24 | 3 | 3 |
| Net Cash Flow | 5 | 2 | 0 | -4 | 6 | -6 | 0 | 1 | 0 | -1 |
| Free Cash Flow | -11 | -21 | -116 | -93 | -51 | -10 | 10 | 26 | -3 | -5 |
| CFO/OP | — | -6517 | 7967 | 19767 | 549 | 9 | 140 | 291 | -82 | 8 |

### Ratios

| Item | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Jun 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | — | — | — | — | 30 | 88 | 29 | 30 | 49 | 61 |
| Inventory Days | — | — | — | — | 279 | 296 | 133 | 131 | 150 | 29 |
| Days Payable | — | — | — | — | 166 | 259 | 139 | 157 | 207 | 275 |
| Cash Conversion Cycle | — | — | — | — | 143 | 124 | 23 | 4 | -8 | -184 |
| Working Capital Days | — | — | — | — | 126 | 245 | 69 | 68 | -19 | -1544 |
| ROCE % | 0 | 0 | 0 | 0 | -5 | — | 0 | 2 | -3 | -43 |

## Shareholding Pattern

### annual

| Category | Mar 2017 |
| --- | --- |
| Promoters | 52.01% |
| Public | 47.99% |
| No. of Shareholders | 6044 |

### Quarterly

| Category | Jun 2016 | Sep 2016 | Dec 2016 | Mar 2017 |
| --- | --- | --- | --- | --- |
| Promoters | 52.01% | 52.01% | 52.01% | 52.01% |
| Public | 47.99% | 47.99% | 47.99% | 47.99% |
| No. of Shareholders | 6129 | 6057 | 6064 | 6044 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 3 / 4 / 12

### Moving Averages — summary: **Strong Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 47.03 | Sell |
| EMA (10) | 46.46 | Sell |
| SMA (20) | 50.1 | Sell |
| EMA (20) | 48.28 | Sell |
| SMA (50) | 51.66 | Sell |
| EMA (50) | 52.43 | Sell |
| SMA (100) | 61.46 | Sell |
| EMA (100) | 59.32 | Sell |
| SMA (200) | 72.33 | Sell |
| EMA (200) | 69.19 | Sell |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 34.83 | Neutral |
| MACD (12,26,9) | -2.13 | Sell |
| Stochastic (14,3,3) | 3.92 | Buy |
| ADX (14) | 23.09 | Neutral |
| Williams %R (14) | -99.36 | Buy |
| ATR (14) | 2.04 | High Volatility |
| ROC (12) | -14.96 | Sell |
| Stoch RSI (14) | 1.23 | Buy |
| UO (7,14,28) | 40.58 | Neutral |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 31 Jan 2018 - Of extension of Corporate Insolvency Resolution process by 90 days from 17.12.2017 under section 12 of insolvency and Bankruptcy Code, 2016. | [Updates 31 Jan 2018 - Of extension of Corporate Insolvency Resolution process by 90 days from 17.12.2017 under section 12 of insolvency and Bankruptcy Code, 2016.](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2018/1/59a8b199-ca60-4779-baf9-220d1b57f169.pdf) |
| 31 Jan 2018 - Intimation of extension of Corporate Insolvency Resolution process by 90 days from 17.12.2017 under section 12 of insolvency and Bankruptcy Code, 2016. | [Updates 31 Jan 2018 - Intimation of extension of Corporate Insolvency Resolution process by 90 days from 17.12.2017 under section 12 of insolvency and Bankruptcy Code, 2016.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=59a8b199-ca60-4779-baf9-220d1b57f169.pdf) |
| 10 May 2018 - S Dhanapal, Liquidator for Sevalakshmi Paper Ltd (Under Liquidation) has informed BSE regarding "Intimation of Initiation of Liquidation proceeding under Insolvency Bankruptcy Code, 2016". | [Intimation of Liquidation process 10 May 2018 - S Dhanapal, Liquidator for Sevalakshmi Paper Ltd (Under Liquidation) has informed BSE regarding "Intimation of Initiation of Liquidation proceeding under Insolvency Bankruptcy Code, 2016".](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=4D855A24_13CC_454F_ACA7_56CB0FACF343_194815.pdf) |
| 10 May 2018 - S Dhanapal, Liquidator for Sevalakshmi Paper Ltd (Under Liquidation) has informed BSE regarding "Intimation of Initiation of Liquidation proceeding under Insolvency Bankruptcy Code, 2016". | [Intimation of Liquidation process 10 May 2018 - S Dhanapal, Liquidator for Sevalakshmi Paper Ltd (Under Liquidation) has informed BSE regarding "Intimation of Initiation of Liquidation proceeding under Insolvency Bankruptcy Code, 2016".](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2018/5/4D855A24_13CC_454F_ACA7_56CB0FACF343_194815.pdf) |
| — | [Statement Of Investors Complaints For The Quarter Ended 31-12-2017 Pursuant To Regulation 13(3) Of SEBI(LODR) Regulations 2015 22 Feb 2018](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=4b8528d2-fdd0-425b-8811-0710b5057623.pdf) |
| — | [Statement Of Investors Complaints For The Quarter Ended 31-12-2017 Pursuant To Regulation 13(3) Of SEBI(LODR) Regulations 2015 22 Feb 2018](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2018/2/4b8528d2-fdd0-425b-8811-0710b5057623.pdf) |
| — | [Statement Of Investor Complaints For The Quarter Ended September, 2017. 30 Oct 2017](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=3c4c0f55-f959-4786-930b-c6baf5e8d0fd.pdf) |
| — | [Statement Of Investor Complaints For The Quarter Ended September, 2017. 30 Oct 2017](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2017/10/3c4c0f55-f959-4786-930b-c6baf5e8d0fd.pdf) |
| — | [Outcome of Board Meeting 30 May 2017](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f5e91d1c-0a6a-4c9e-8de6-b1b85a1bfe65.PDF) |
| — | [Outcome of Board Meeting 30 May 2017](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2017/5/f5e91d1c-0a6a-4c9e-8de6-b1b85a1bfe65.PDF) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Annual Report 2012 from nse](https://archives.nseindia.com/annual_reports/AR_SERVALL_2011_2012_11072012120545.zip) |
| from bse | [Annual Report 2016 from bse](https://www.bseindia.com/bseplus/AnnualReport/533401/5334010316.pdf) |
| from bse | [Annual Report 2015 from bse](https://www.bseindia.com/bseplus/AnnualReport/533401/5334010315.pdf) |
| from bse | [Annual Report 2014 from bse](https://www.bseindia.com/bseplus/AnnualReport/533401/5334010314.pdf) |
| from bse | [Annual Report 2013 from bse](https://www.bseindia.com/bseplus/AnnualReport/533401/5334010313.pdf) |
| from bse | [Annual Report 2012 from bse](https://www.bseindia.com/bseplus/AnnualReport/533401/5334010312.pdf) |
| from bse | [Annual Report 2011 from bse](https://www.bseindia.com/bseplus/AnnualReport/533401/5334010611.pdf) |

---

Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T18:45:29.349Z.