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Seshasayee Paper & Boards

SESHAPAPER NSE
₹217.99 +11.35 (+5.49%)
P/E
13.88
View as Markdown
MCP
Close 4 Nov 2026 ₹217.99 −35.31 −13.9% 1Y
Start ₹253.30

Key Fundamentals

MicrocapPaper, Forest & Jute ProductsForest Materials

Price-based figures as of · EPS basis: Consolidated · TTM

ROCE
5.60%
Debt to Equity
0.00
EPS (TTM)
₹15.70
Book Value
₹335.00
Market Cap
—
P/E (TTM)
13.88
P/B
0.65
ROE
4.10%
Dividend Yield
0.97%
EBITDA
₹145 Cr
52W High
₹293.11
52W Low
₹189.60
Day Range
₹205.48 – ₹219.97
Volume
1,13,087

Peer Comparison

Commodities › Forest Materials › Paper & Paper Products

Seshasayee Paper & Boards peer comparison
₹368.3020.58₹6,706 Cr1.181.09%4.77%7.39%₹7,319 Cr₹328 Cr
₹829.7023.86₹5,327 Cr1.520.37%4.25%6.17%₹4,375 Cr₹238 Cr
₹217.9913.88₹1,302 Cr0.650.97%4.10%5.60%₹1,817 Cr₹99 Cr
₹64.1146.12₹1,267 Cr0.650.79%−1.66%0.04%₹1,702 Cr₹28 Cr
₹669.4018.33₹1,174 Cr1.400.28%6.04%8.49%₹2,340 Cr₹62 Cr
₹139.903.71₹929 Cr0.422.97%11.20%6.41%₹4,649 Cr₹261 Cr
₹87.649.14₹830 Cr1.150.69%12.80%18.10%₹814 Cr₹92 Cr
Median 7 companies₹217.9918.33₹1,267 Cr1.150.79%4.77%6.41%₹2,340 Cr₹99 Cr

Comparable companies in the same industry. Market cap, P/E and P/B use the latest price; other metrics are as reported in filings. A dash means the figure is not published for that company.

Tapetide Score

Data-driven rating, 0–100, as of . How it works →

Overall score

53 Average

Data confidence 100/100

Category scores

Quality
55
Good
Returns, margins, earnings quality 22% weight
Valuation
67
Strong
Cheap vs sector & own history 24% weight
Growth
40
Weak
Sales & profit trajectory 9% weight
Financial Health
75
Strong
Solvency, leverage, coverage 9% weight
Momentum
23
Poor
Trend strength, vol-adjusted 12% weight
Ownership
53
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

3
  • Company has reduced debt.
  • Company is almost debt free.
  • Stock is trading at 0.66 times its book value

Weaknesses

4
  • Company has a low return on equity of 8.06% over last 3 years.
  • Earnings include an other income of Rs.63.4 Cr.
  • Dividend payout has been low at 13.2% of profits over last 3 years
  • Debtor days have increased from 31.8 to 40.6 days.

Technical Indicators

Technical signals: verdict and indicator counts
GroupSignalBearishNeutralBullish
OverallBearish856
OscillatorsNeutral252
Moving AveragesStrong Bearish604

Key readings

RSI (14)
51.38
Neutral
MACD (12,26,9)
−6.98
Bullish
SMA (50)
228.38
Bearish
SMA (200)
239.26
Bearish

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

Revenue growth by window
10Y+5.43%
5Y+16.94%
3Y−6.37%
1Y−2.51%
TTM+5.89%

Net profit

Net profit growth by window
10Y+8.71%
5Y−4.77%
3Y−40.60%
1Y−23.85%
TTM+13.79%

Operating cash flow

Operating cash flow growth by window
10Y−1.95%
5YTurned positive
3Y−34.61%
1YTurned positive
TTM—

TTM: Reported once a year, so there is no trailing-twelve-month figure.

Operating margin· change in pp

Operating margin growth by window
10Y−5.01 pp
5Y−8.20 pp
3Y−20.03 pp
1Y−0.72 pp
TTM+1.65 pp

Revenue by year

Revenue by year, ₹ crore
Mar 2017₹1,108 Cr
Mar 2018₹1,105 Cr
Mar 2019₹1,326 Cr
Mar 2020₹1,184 Cr
Mar 2021₹782 Cr
Mar 2022₹1,355 Cr
Mar 2023₹2,083 Cr
Mar 2024₹1,802 Cr
Mar 2025₹1,754 Cr
Mar 2026₹1,710 Cr

Net profit by year

Net profit by year, ₹ crore
Mar 2017₹132 Cr
Mar 2018₹123 Cr
Mar 2019₹192 Cr
Mar 2020₹182 Cr
Mar 2021₹106 Cr
Mar 2022₹110 Cr
Mar 2023₹396 Cr
Mar 2024₹271 Cr
Mar 2025₹109 Cr
Mar 2026₹83.00 Cr

Quarterly Results

₹ Cr
SESHAPAPER quarterly results, ₹ crore
Particulars Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026
Sales
427
362
473
539
422
398
431
502
385
346
387
592
492
503
Expenses
331
273
386
472
374
368
424
477
365
320
362
568
449
456
Operating Profit
95
89
88
68
48
31
8
25
20
26
25
24
44
47
OPM %
22%
25%
19%
13%
11%
8%
1.8%
5%
5%
8%
6%
4%
9%
9%
Other Income
11.02
18
15
17
15
19
21
18.19
14
18
13
20
12
19
Interest
0
0
0
1
1
1
2
4
1
4
3
1
0
0
Depreciation
11
11
11
11
11
11
11
11
12
11
11
11
12
12
PBT
96
96
91
74
50
37
16
29
21
29
24
32
43.78
54
Tax %
25%
24%
24%
23%
26%
23%
−4%
8%
28%
22%
23%
19%
27%
22%
Net Profit
72
73
69
57
37
28
17
27
15
22
19
26
32
42
EPS (₹)
11.38
11.61
10.94
9.01
5.87
4.51
2.64
4.29
2.45
3.55
2.96
4.13
5.06
—

Sep 2026: from the results filed on 24 Oct 2026, ahead of the full statement, so some rows are blank.

Profit & Loss

₹ Cr
SESHAPAPER profit and loss, annual, ₹ crore
Particulars Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales
998
1,008
1,108
1,105
1,326
1,184
782
1,355
2,083
1,802
1,754
1,710
1,817
Expenses
908
901
894
898
1,030
917
675
1,189
1,549
1,462
1,643
1,615
1,699
Operating Profit
90
107
214
207
296
267
108
166
534
340
111
96
118
OPM %
9%
11%
19%
19%
22%
23%
14%
12%
26%
19%
6%
6%
6%
Other Income
3
4
12
15
25
31
26
24
40
63
75
64
63
Interest
37
32
23
14
14
7
3
3
3
2
8
9
8
Depreciation
29
29
31
32
34
35
38
41
45
44
45
45
45
PBT
26
50
172
176
273
256
93
146
525
357
132
106
128
Tax %
32%
29%
23%
30%
30%
29%
−15%
24%
25%
24%
18%
22%
—
Net Profit
16
36
132
123
192
182
106
110
396
271
109
83
99
EPS (₹)
2.61
5.71
20.97
19.54
30.44
28.79
16.87
17.44
62.76
42.93
17.31
13.09
15.7
Div. Payout %
31%
17%
10%
15%
13%
13%
14%
14%
9%
11%
14%
15%
—

Balance Sheet

₹ Cr
SESHAPAPER balance sheet, annual, ₹ crore
Particulars Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital
13
13
13
13
13
12
12
12
12
12
12
12
Reserves
401
430
592
713
881
1,007
1,131
1,243
1,623
1,899
1,976
2,030
Borrowings
329
302
171
149
97
10
8
4
0
21
82
0
Other Liabilities
380
391
343
406
446
419
367
400
443
459
452
460
Total Liabilities
1,123
1,135
1,118
1,281
1,436
1,448
1,518
1,660
2,079
2,391
2,522
2,502
Fixed Assets
661
638
650
686
685
688
747
828
809
789
769
758
CWIP
13
50
41
27
23
31
32
14
20
35
71
93
Investments
43
47
93
108
107
103
152
178
197
248
278
305
Other Assets
405
399
335
460
621
626
585
640
1,054
1,319
1,404
1,346
Total Assets
1,123
1,135
1,118
1,281
1,436
1,448
1,518
1,660
2,079
2,391
2,522
2,502

Cash Flow

₹ Cr
SESHAPAPER cash flow, annual, ₹ crore
Particulars Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating
105
112
200
225
273
165
−7
276
329
202
−61
92
Investing
−20
−46
−36
−50
−16
−26
−54
−251
−372
−225
42
6
Financing
−104
−66
−154
−51
−89
−124
−31
−22
−22
−19
23
−103
Net Cash Flow
−20
0
10
124
168
15
−91
3
−66
−42
5
−5
Free Cash Flow
86
69
168
172
243
119
−108
171
297
166
−123
37
CFO/EBITDA
119
104
103
125
112
79
9
184
86
88
−37
125

Ratios

SESHAPAPER financial ratios, annual
Particulars Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days
45
47
35
35
22
25
38
27
17
24
31
41
Inventory Days
116
97
115
147
110
187
413
87
138
170
165
164
Days Payable
194
188
168
220
211
215
311
137
134
153
115
109
Cash Conversion Cycle
−33
−44
−18
−38
−79
−3
140
−23
21
41
81
96
Working Capital Days
−20
−11
−1
−13
−17
12
65
5
14
26
43
58
ROCE %
—
11%
26%
22%
31%
26%
9%
12%
37%
20%
7%
6%

Insights

Beta

AI-extracted from concalls & annual reports · figures as reported, with sources

Log in to view Seshasayee Paper & Boards insights

63 extracted metrics across FY11–FY27.

Shareholding Pattern

As of Sep 2026

  • Promoters 43.30%
  • Public 20.25%
  • Government 14.27%
  • FIIs 12.37%
  • Others 9.39%
  • DIIs 0.41%

No promoter shares pledged as of Sep 2026

Change vs previous quarter

Not shown for some quarters: Others. Not available separately for this quarter: the shareholding filing gives Public and Others as one figure, shown under Public, so Others is left blank rather than estimated.

Documents

Frequently Asked Questions about Seshasayee Paper & Boards

What does Seshasayee Paper & Boards Ltd do?
Seshasayee Paper & Boards is engaged in the business of manufacture and sale of printing and writing paper. SPBL is the flagship company of SPB-ESVIN Group headquarted at Chennai.
Where is Seshasayee Paper & Boards Ltd (SESHAPAPER) listed?
Seshasayee Paper & Boards Ltd trades as SESHAPAPER on the NSE and under code 502450 on the BSE.
Which sector does Seshasayee Paper & Boards Ltd belong to?
Seshasayee Paper & Boards Ltd is classified under the Forest Materials sector, in the Paper & Paper Products industry.
What is the PE ratio of Seshasayee Paper & Boards Ltd?
Seshasayee Paper & Boards Ltd trades at a PE ratio of 13.88 as of 4 Nov 2026, on earnings per share of ₹15.7, against a book value of ₹335 per share.
What is the 52-week high and low of Seshasayee Paper & Boards Ltd?
Over the last 52 weeks Seshasayee Paper & Boards Ltd has traded between ₹189.6 and ₹293.11 as of 4 Nov 2026.
Does Seshasayee Paper & Boards Ltd pay dividends?
Seshasayee Paper & Boards Ltd has a dividend yield of 0.97%.
What is the Return on Equity (ROE) of Seshasayee Paper & Boards Ltd?
Seshasayee Paper & Boards Ltd reported a return on equity of 4.10%. Its debt-to-equity ratio is 0.00.

Company Information

Seshasayee Paper & Boards is engaged in the business of manufacture and sale of printing and writing paper. SPBL is the flagship company of SPB-ESVIN Group headquarted at Chennai. The company was incorporated in the year 1960, Seshasayee Paper has six decades of experience in the Indian paper industry.

Website spbltd.com
Listed 29 Mar 1995
Face Value ₹2

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