S I Paper Mills

Why is South India Paper Mills Ltd falling/rising?

As of 10-Jun, the stock price of South India Paper Mills Ltd is Rs 92.51, reflecting a decline of 1.59%. The stock has underperformed its sector and shows reduced investor interest, indicating a downward trend despite being above longer-term moving averages.

As of 10-Jun, the stock price of South India Paper Mills Ltd is falling, currently at Rs 92.51, which reflects a decrease of Rs 1.49 or 1.59%. This decline is evident in today's performance, where the stock underperformed its sector by 0.25%. Additionally, the stock reached an intraday low of Rs 92.1, marking a drop of 2.02%. <BR><BR>Over the past week, the stock has decreased by 0.77%, while over the past month, it has seen a more significant decline of 3.17%. In terms of investor participation, there has been a notable drop, with delivery volume on June 9 falling by 96.9% compared to the 5-day average, indicating reduced interest from investors. <BR><BR>Although the stock is currently above its 100-day and 200-day moving averages, it is below the 5-day, 20-day, and 50-day moving averages, suggesting a short-term weakness. Overall, these factors contribute to the stock's current downward trend.

What does S I Paper Mills do?

South India Paper Mills Ltd manufactures paper, paperboards, cartons, and generates power, with a market cap of INR 176 Cr. As of March 2026, it reported net sales of 114 Cr and a net profit of 5 Cr.

Overview: <BR>South India Paper Mills Ltd is engaged in the manufacture of paper, paperboards, cartons, and power generation, operating within the Micro Cap category of the Paper, Forest & Jute Products industry.<BR><BR>History: <BR>Incorporated in 1959, South India Paper Mills Ltd has maintained its operations in the paper manufacturing sector. The latest quarterly results reported net sales and net profit for the period ending March 2026.<BR><BR>Financial Snapshot: <BR>Net Sales: 114 Cr (Quarterly Results - Mar 2026) <BR>Net Profit: 5 Cr (Quarterly Results - Mar 2026) <BR>Market Cap: INR 176 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: 16.00 <BR>Industry P/E: 17 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 0.69 <BR>Return on Equity: 4.83% <BR>Price to Book: 0.79<BR><BR>Contact Details: <BR>Address: Chikkayanachatra P O, Nanjangud, Karnataka: 571302 <BR>Tel: 91-08221-228265/267/266 <BR>Email: corporate@sipaper.com/marketing@sip <BR>Website: http://www.sipaper.com

Which are the latest news on S I Paper Mills?

How big is S I Paper Mills?

As of 10th June, South India Paper Mills Ltd has a market capitalization of 176.00 Cr and reported net sales of 433.82 Cr and a net profit of 10.73 Cr over the latest four quarters.

As of 10th June, <BR><BR>Market Cap: South India Paper Mills Ltd has a market capitalization of 176.00 Cr, classified as a Micro Cap.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters is 433.82 Cr, while the sum of Net Profit for the same period is 10.73 Cr.<BR><BR>Balance Sheet Snapshot: The reporting period is March 2025, with Shareholder's Funds amounting to 211.18 Cr and Total Assets totaling 443.09 Cr.

Who are in the management team of S I Paper Mills?

The management team of S I Paper Mills includes Chairman & Managing Director Manish M Patel, along with several Non-Executive and Independent Non-Executive Directors, providing a blend of executive leadership and independent oversight.

The management team of S I Paper Mills includes the following members:<BR><BR>1. **Manish M Patel** - Chairman & Managing Director<BR>2. **Dineshchandra C Patel** - Non Executive Director<BR>3. **Jagdish M. Patel** - Independent Non Executive Director<BR>4. **Maddur Mohan Kumar** - Independent Non Executive Director<BR>5. **S. R. Chandrasekara Setty** - Independent Non Executive Director<BR>6. **Ajay Patel** - Non Executive Director<BR>7. **N. S. Kishore Kumar** - Independent Non Executive Director<BR>8. **Jitendra A Patel** - Non Executive Director<BR>9. **Girija Shankar** - Independent Non Executive Director<BR>10. **Harshad Natvarlal Modi** - Non Executive Director<BR><BR>This team brings a mix of executive and independent oversight to the company.

Should I buy, sell or hold South India Paper Mills Ltd?

Are South India Paper Mills Ltd latest results good or bad?

South India Paper Mills Ltd's latest results are positive, with a record quarterly revenue of ₹113.99 crores and a net profit of ₹4.57 crores, marking a significant turnaround from a loss last year. The company shows strong operational efficiency and improved financial health, indicating a positive trajectory.

The latest results for South India Paper Mills Ltd are quite positive. In the quarter ending March 2026, the company achieved its highest-ever quarterly revenue of ₹113.99 crores, which represents a significant year-on-year growth of 21.09% and a sequential increase of 12.45%. This marks the fourth consecutive quarter of revenue expansion, indicating strong demand for its products.<BR><BR>Moreover, the company reported a net profit of ₹4.57 crores, showcasing a remarkable turnaround from a loss of ₹2.26 crores in the same quarter last year. This reflects a substantial improvement of 92.81% compared to the previous quarter. The operating margin also reached a record high of 13.23%, up 682 basis points year-on-year, demonstrating enhanced operational efficiency and pricing power.<BR><BR>Additionally, the interest coverage ratio improved to 2.95 times, the highest in recent years, indicating better financial health and ability to service debt. Overall, these results suggest that South India Paper Mills has made significant operational improvements and is on a positive trajectory moving forward.

When is the next results date for South India Paper Mills Ltd?

The next results date for South India Paper Mills Ltd is 28 May 2026.

The next results date for South India Paper Mills Ltd is scheduled for 28 May 2026.

Is S I Paper Mills overvalued or undervalued?

As of October 31, 2025, S I Paper Mills is considered overvalued with a negative PE ratio of -74.12 and low ROE of -0.96%, despite a Price to Book Value of 0.71, and it underperforms compared to peers like JK Paper and West Coast Paper, alongside a year-to-date return of -25.00% versus the Sensex's 7.42%.

As of 31 October 2025, the valuation grade for S I Paper Mills has moved from very attractive to attractive. The company is currently assessed as overvalued, primarily due to its significantly negative PE ratio of -74.12 and a low ROE of -0.96%. In contrast, its Price to Book Value stands at 0.71, indicating that the stock is trading below its book value, which is a positive sign but overshadowed by the other metrics.<BR><BR>When compared to peers, S I Paper Mills shows a stark contrast with JK Paper, which has a PE ratio of 19.18 and an EV to EBITDA of 9.12, and West Coast Paper with a PE of 11.87 and an EV to EBITDA of 5.32. These comparisons highlight that S I Paper Mills is not only underperforming in profitability metrics but also appears less attractive relative to its peers. Recent stock performance has been poor, with a year-to-date return of -25.00%, significantly lagging behind the Sensex's 7.42% return, reinforcing the notion that the stock is currently overvalued.

How has been the historical performance of S I Paper Mills?

S I Paper Mills has shown growth in net sales from 287.85 Cr in March 2023 to 369.31 Cr in March 2025, but has struggled with profitability, with negative profit before tax and profit after tax in both years. Total liabilities and assets decreased, while cash flow from operating activities improved significantly to 40.00 Cr in March 2025.

Answer:<BR>The historical performance of S I Paper Mills shows a fluctuating trend in key financial metrics over the years.<BR><BR>Breakdown:<BR>S I Paper Mills has experienced a notable increase in net sales, rising from 287.85 Cr in March 2023 to 369.31 Cr in March 2025. However, the company has faced challenges with profitability, as evidenced by its operating profit, which turned negative in March 2023 at -6.24 Cr, before recovering to 21.44 Cr in March 2025. Despite this recovery, the profit before tax remained negative at -12.78 Cr in March 2025, although it improved from -24.03 Cr in March 2023. The profit after tax also reflected losses, with -9.64 Cr in March 2025 compared to -16.67 Cr in March 2023. The company's total liabilities decreased from 489.76 Cr in March 2023 to 443.09 Cr in March 2025, while total assets also declined from 489.76 Cr to 443.09 Cr in the same period. Cash flow from operating activities showed a positive trend, reaching 40.00 Cr in March 2025, a significant improvement from -18.00 Cr in March 2024. Overall, while S I Paper Mills has seen growth in sales, it continues to grapple with profitability and asset management challenges.

Who are the top shareholders of the S I Paper Mills?

The top shareholders of S I Paper Mills include promoter Upendra Ambalal Patel with 3.56% and public shareholder Harshad Natvarlal Modi with 13.55%. Individual investors hold a total of 40.43%, with no pledged promoter holdings and minimal institutional involvement.

The top shareholders of S I Paper Mills include Upendra Ambalal Patel, who is the promoter with the highest holding at 3.56%. The highest public shareholder is Harshad Natvarlal Modi, holding 13.55%. Additionally, individual investors collectively hold 40.43% of the company's shares. There are no pledged promoter holdings, and the company has minimal institutional involvement, with only 0.01% held by mutual funds and no foreign institutional investors.

Who are the peers of the S I Paper Mills?

Peers of S I Paper Mills include Star Paper Mills, Indian Wood Prod, Sh. Ajit Pulp, AI Champ. Inds., Magnum Ventures, Nath Industries, S. V. J. Enterp., Ganga Papers, and Three M Paper. S I Paper Mills has average management risk and a 1-year return of -21.85%, better than Magnum Ventures but worse than S. V. J. Enterp. at 606.67%.

Peers: The peers of S I Paper Mills are Star Paper Mills, Indian Wood Prod, Sh. Ajit Pulp, AI Champ.Inds., Magnum Ventures, Nath Industries, S. V. J. Enterp., Ganga Papers, Three M Paper.<BR><BR>Quality Snapshot: Excellent management risk is observed at Star Paper Mills, while Average management risk is found at Indian Wood Prod, Sh. Ajit Pulp, Magnum Ventures, S I Paper Mills, Nath Industries, S. V. J. Enterp., Ganga Papers, and Three M Paper, and the rest. Below Average management risk is noted at AI Champ.Inds. and Nikita Papers. Growth is rated as Average for Magnum Ventures and Nikita Papers, while Below Average growth is seen at Star Paper Mills, Indian Wood Prod, Sh. Ajit Pulp, AI Champ.Inds., S I Paper Mills, Nath Industries, S. V. J. Enterp., Ganga Papers, and Three M Paper, and the rest. Capital Structure is Excellent for Star Paper Mills, Good for S. V. J. Enterp., and Below Average for Indian Wood Prod, Sh. Ajit Pulp, AI Champ.Inds., Magnum Ventures, S I Paper Mills, Nath Industries, Ganga Papers, and Three M Paper, and the rest.<BR><BR>Return Snapshot: The peer with the highest 1-year return is S. V. J. Enterp. at 606.67%, while Magnum Ventures has the lowest at -50.86%. S I Paper Mills' 1-year return of -21.85% is worse than the highest but better than the lowest. Additionally, peers with negative six-month returns include Star Paper Mills, Magnum Ventures, and S I Paper Mills.

What is the technical trend for S I Paper Mills?

As of May 30, 2025, S I Paper Mills shows a mildly bearish trend overall, influenced by bearish monthly indicators and mildly bullish weekly signals suggesting potential for recovery.

As of 30 May 2025, the technical trend for S I Paper Mills has changed from bearish to mildly bearish. The weekly MACD indicates a mildly bullish stance, while the monthly MACD remains bearish. The Bollinger Bands show a mildly bearish trend on both weekly and monthly time frames. Daily moving averages also reflect a mildly bearish position. The KST is mildly bullish on both weekly and monthly charts, and Dow Theory supports a mildly bullish view on the weekly but is bearish on the monthly. Overall, the current technical stance is mildly bearish, driven primarily by the bearish monthly indicators and the mildly bullish weekly signals that suggest some potential for recovery.

What is the bonus history of the S I Paper Mills?

S I Paper Mills announced a 1:1 bonus issue on September 6, 2010, with a record date of September 8, 2010, allowing shareholders to receive one additional share for each share held.

S I Paper Mills has a bonus history that includes a notable 1:1 bonus issue announced on September 6, 2010. The record date for this bonus was September 8, 2010. This means that shareholders received one additional share for every share they held as of the record date. If you have any more questions about the company or its financial activities, feel free to ask!

Has S I Paper Mills declared dividend?

South India Paper Mills Ltd has declared a 10% dividend, amounting to ₹1 per share, with an ex-date of August 29, 2022. However, the dividend yield is 0%, and total returns have shown significant declines over the short to medium term, despite a recovery in the long term.

South India Paper Mills Ltd has declared a 10% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 10%<BR>- Amount per share: 1<BR>- Ex-date: 29 Aug 22<BR><BR>Dividend Yield: 0%<BR><BR>Total Returns by Period:<BR>In the last 6 months, the price return was -18.21%, with a dividend return of 0%, resulting in a total return of -18.21%.<BR><BR>Over the past year, the price return was -2.78%, the dividend return was 0%, leading to a total return of -2.78%.<BR><BR>In the 2-year period, the price return was -23.42%, with a dividend return of 0%, resulting in a total return of -23.42%.<BR><BR>For the 3-year period, the price return was -36.41%, while the dividend return was 0.85%, culminating in a total return of -35.56%.<BR><BR>In the 4-year period, the price return was -19.89%, with a dividend return of 1.77%, leading to a total return of -18.12%.<BR><BR>Over the last 5 years, the price return was 45.76%, the dividend return was 5.86%, resulting in a total return of 51.62%.<BR><BR>Overall, while South India Paper Mills Ltd has declared a dividend, the total returns over various periods show significant declines, particularly in the short to medium term, with a notable recovery in the long term. The dividend yield remains at 0%, indicating limited income from dividends relative to the stock price.