Stock DNA
Paper, Forest & Jute Products
PKR 9,467 Million (Small Cap)
7.00
NA
7.20%
-0.23
16.29%
1.08
Revenue and Profits:
Net Sales:
2,045 Million
(Quarterly Results - Jun 2025)
Net Profit:
423 Million
Total Returns (Price + Dividend) 
TimePeriod
Price Return
Dividend Return
Total Return
3 Months
-6.1%
0%
-6.1%
6 Months
-7.38%
0%
-7.38%
1 Year
20.79%
0%
20.79%
2 Years
75.43%
0%
75.43%
3 Years
47.52%
0%
47.52%
4 Years
6.88%
0%
6.88%
5 Years
17.28%
0%
17.28%
Security Papers Ltd. for the last several years.
Risk Adjusted Returns v/s 
News
No Recent News for the Company
Announcements 
No announcement available
Corporate Actions 
No corporate action available
Quality key factors 
Factor
Value
Sales Growth (5y)
10.01%
EBIT Growth (5y)
0.55%
EBIT to Interest (avg)
100.00
Debt to EBITDA (avg)
0
Net Debt to Equity (avg)
-0.30
Sales to Capital Employed (avg)
0.90
Tax Ratio
37.89%
Dividend Payout Ratio
44.72%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
35.46%
ROE (avg)
17.55%
Valuation key factors
Factor
Value
P/E Ratio
7
Industry P/E
Price to Book Value
1.14
EV to EBIT
4.32
EV to EBITDA
3.76
EV to Capital Employed
1.21
EV to Sales
0.93
PEG Ratio
2.86
Dividend Yield
6.63%
ROCE (Latest)
28.02%
ROE (Latest)
16.93%
Technicals key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bearish
Mildly Bullish
Moving Averages
Bearish (Daily)
KST
Bearish
Mildly Bearish
Dow Theory
No Trend
Mildly Bearish
OBV
No Trend
No Trend
Shareholding Snapshot
No data for shareholding present.
Shareholding Compare (%holding) 
No data for shareholding present.
Quarterly Results Snapshot (Consolidated) - Jun'25 - QoQ
Jun'25
Mar'25
Change(%)
Net Sales
2,045.50
1,657.00
23.45%
Operating Profit (PBDIT) excl Other Income
483.40
364.20
32.73%
Interest
0.00
0.00
Exceptional Items
0.00
0.00
Consolidate Net Profit
423.00
298.70
41.61%
Operating Profit Margin (Excl OI)
236.30%
179.10%
5.72%
USD in Million.
Net Sales
QoQ Growth in quarter ended Jun 2025 is 23.45% vs -21.44% in Mar 2025
Consolidated Net Profit
QoQ Growth in quarter ended Jun 2025 is 41.61% vs -28.18% in Mar 2025
Annual Results Snapshot (Consolidated) - Jun'25
Jun'25
Jun'24
Change(%)
Net Sales
7,870.70
7,311.70
7.65%
Operating Profit (PBDIT) excl Other Income
1,702.30
1,618.70
5.16%
Interest
0.00
5.60
-100.00%
Exceptional Items
0.00
2.20
-100.00%
Consolidate Net Profit
1,523.80
1,488.70
2.36%
Operating Profit Margin (Excl OI)
216.30%
190.80%
2.55%
USD in Million.
Net Sales
YoY Growth in year ended Jun 2025 is 7.65% vs 26.18% in Jun 2024
Consolidated Net Profit
YoY Growth in year ended Jun 2025 is 2.36% vs 53.89% in Jun 2024
About Security Papers Ltd. 
Security Papers Ltd.
Paper, Forest & Jute Products
Security Papers Limited is a Pakistan-based company, which is engaged in manufacturing of specialized paper for banknote and non-banknote security documents. The Company manufactures banknote papers, including prize bonds, share certificates and watermarked certificate/degree papers for various educational institutions of Pakistan, financial and instruments. It also manufactures other security papers, including judicial and non-judicial stamp paper, paper for identity cards, birth certificates, paper for driving licenses, bond paper and paper incorporating an organization's insignia. The Company manufactures paper for passports and for checks. The Company has produced approximately 2,660 tons of bank notes and other security papers. The Company's factory is located at Jinnah Avenue, Malir Halt, Karachi.
Company Coordinates 
Company Details
Jinnah Avenue, Malir Halt , KARACHI None : 75100
Registrar Details






