South India Paper Mills Ltd.
Snapshot View

177.85 +12.00 ▲7.2%

23 July 2021, 04:00:00 P.M.
Volume: 132,342

Overview View Details

Sector Paper Compare with Sector peers
Industry Paper & Paper Products Compare with Industry peers
Website http://www.sipaper.com
Financial Indicators
Market Cap 266.78 Cr.
Earnings per share (EPS) 12.70 Trailing Twelve Months Ending 2021-03
Price-Earning Ratio (PE) 14.00 Trailing Twelve Months Ending 2021-03
Industry PE - Trailing Twelve Months Ending 2021-03
Book Value / Share 123.74 Trailing Twelve Months Ending 2021-03
Price to Book Value 1.44 Calculated using Price: 177.85
Dividend Yield 0.56 Period Ending 2020-03
No. of Shares Subscribed 1.50 Cr. 15,000,000 Shares
FaceValue 10
Company Profile

South India Paper Mills (SIPM) was incorporated in 1959 and promoted by the South India Paper group. The company is engaged in paper business. It manufactures paper and paperboards such as cartons. The company caters to the needs of various segments of paper-based industries such as newsprint, writing paper, packaging, etc. SIPM is also engaged in power cogeneration. It generates steam process requirements as well as power generation by fluidised bed combustion (FBC) boilers. The plant is located at Chikkayanachatra (Mysore) in Karnataka. The total installed capacity of the company is 56,000 MT of paper and paper boards per annum. SIPM is a 47-year old public limited company listed on BSE. SIPM primarily manufactures corrugating raw material (Kraft, Liner board, Test Liner & Fluting).

SIPM's clientele includes top FMCG companies and several EOUs. The company has stake on a box manufacturing company as well. Future plans include installation of a state-of-the-art sheet plant to cater to the box manufacturer's requirement. South India Paper Mills Limited is an India-based company.

Milestones:

1959 - The company was incorporated and acquired a paper mill for a consideration of Rs 7.16 lakh. 

1968- 1970 - The company increased its capacity to 24 TPD. 

1982 - SIPM's capacity was further enhanced to 45 TPD. The company's object is to manufacture paper and paper boards. 

1996- The high pressure power boiler became operational from February. This is expected to insulate the cost of fuel by virtue of supply shortages and off season scarcities. 

1998 - The company undertook an expansion project for setting up (i) Electro static precipitator system (ii) High pressure boiler of 25 tph capacity (iii) New paper machine (iv)Turbo generating set of 3.5 MW capacity.

Business areas of the company:

The company is engaged in the manufacture of paper and paper products. It is also engaged in the generation of power. The company operates in two segments: Paper & Paper Products and Power. Its products include Kraft liners / Test liners, MG Kraft Paper, MF Printing and Writing & Newsprint.

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
+7.24%
1 Week
+16.85%
1 Month
+61.39%
3 Month
+124.98%
6 Month
+85.16%
1 Year
+191.56%
2 Year
+132.18%
5 Year
+28.88%
9 years 2012-03 2013-03 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03
Return on Equity (%) 18.55 14.57 3.92 12.99 20.46 8.91 0.68 12.42 9.80
Return on Capital Employed (%) 22.49 19.13 6.95 18.90 25.67 12.84 3.06 14.45 12.64
Return on Assets (%) 11.74 9.88 2.64 8.58 12.73 5.35 0.41 7.75 6.48

Balance Sheet View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Shh. Funds 89 99 100 108 127 141 140 156 169
Non Curr. Liab. 19 16 16 19 36 49 53 49 45
Curr. Liab. 27 27 37 35 53 40 42 34 39
Minority Int.
Equity & Liab. 135 141 153 163 216 231 235 239 253
Non Curr. Assets 86 86 91 91 139 156 150 150 175
Curr. Assets 49 56 62 72 77 74 85 88 79
Misc. Exp. not W/O
Total Assets 135 141 153 163 216 231 235 239 253

Profit Loss View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Net Sales 170 168 144 186 207 195 135 243 218
Other Income 2 1 1 1 0 1 2 1 1
Total Income 172 169 144 187 207 197 137 243 218
Total Expenditure -148 -141 -129 -156 -171 -165 -122 -206 -183
PBIDT 25 28 15 30 37 32 15 37 35
Interest -3 -2 -2 -2 -2 -4 -5 -5 -4
Depreciation -6 -7 -7 -8 -8 -10 -9 -10 -10
Taxation -5 -5 -2 -7 -11 -6 0 -5 -5
Exceptional Items 4 8
PAT 15 14 4 14 24 12 1 18 16

Cash Flow View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Cash Fr. Operatn. 22 17 11 15 38 26 -2 39 42
Cash Fr. Inv. -12 -8 -12 -7 -52 -29 1 -12 -33
Cash Fr. Finan. -12 -7 0 -4 12 3 -2 -21 -3
Net Change -3 2 -1 3 -2 1 -2 5 6
Cash & Cash Eqvt 1 5 3 6 4 5 2 8 13

Shareholding Pattern View Details

9 Qtrs 2019-03 (%) 2019-06 (%) 2019-09 (%) 2019-12 (%) 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%)
Promoter 41.88 41.88 41.88 41.88 41.85 41.85 41.85 41.90 41.92
Public 58.12 58.12 58.12 58.12 58.15 58.15 58.15 58.10 58.08
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Announcements View Details

Thu, 22 Jul 2021
Disclosure Of Related Party Transactions Under Reg 23(9) Of SEBI (LODR) Regulations On Consolidated Basis For The Half Year Ended 31St March 2021
Submission of Disclosures of Related Party transactions under Reg 23(9) of SEBI (LODR) Regulations on a consolidated basis for the half year ended 31st March 2021 (from 1st October 2020 to 31st March 2021)
Tue, 20 Jul 2021
Format of Initial Disclosure to be made by an entity identified as a Large Corporate
Format of Initial Disclosure to be made by an entity identified as a Large Corporate.

Sr. No. Particulars Details
1Name of CompaySOUTH INDIA PAPER MILLS LTD.
2CINL85110KA1959PLC001352
3 Outstanding borrowing of company as on 31st March / 31st December as applicable (in Rs cr) 69.94
4Highest Credit Rating during the previous FY BBB+
4aName of the Credit Rating Agency issuing the Credit Rating mentioned in (4)ICRA LIMITED
5Name of Stock Exchange# in which the fine shall be paid in case of shortfall in the required borrowing under the frameworkBSE


We confirm that we are a Large Corporate as per the applicability criteria given under the SEBI circular SEBI/HO/DDHS/CIR/P/2018/144 dated November 26 2018. No



Name of the Company Secretary: VIDYA BHAT
Designation: COMPANY SECRETARY
EmailId: vidya@sipaper.com
Name of the Chief Financial Officer: B RAVI HOLLA
Designation: CFO
EmailId: holla@sipaper.com

Date: 20/07/2021

Note: In terms para of 3.2(ii) of the circular beginning F.Y 2022 in the event of shortfall in the mandatory borrowing through debt securities a fine of 0.2% of the shortfall shall be levied by Stock Exchanges at the end of the two-year block period. Therefore an entity identified as LC shall provide in its initial disclosure for a financial year the name of Stock Exchange to which it would pay the fine in case of shortfall in the mandatory borrowing through debt markets.
Fri, 16 Jul 2021
Shareholding for the Period Ended June 30 2021
South India Paper Mills Ltd has submitted to BSE the Shareholding Pattern for the Period Ended June 30 2021. For more details kindly Click here

Technical Scans View Details

Fri, 23 Jul 2021
Stock Outperforming Benchmark Index in both 1 Week and 3 Month Stock Outperforming Benchmark Index in both 1 Week and 3 Month
Stock Outperforming Sectoral Index in both 1 Week and 3 Month Stock Outperforming Sectoral Index in both 1 Week and 3 Month
Strongly Outperforming Benchmark Index Strongly Outperforming Benchmark Index
Increasing Relative Strength - Benchmark index Increasing Relative Strength - Benchmark index
Strongly Outperforming Sectoral Index Strongly Outperforming Sectoral Index

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