Shree Rama Newsprint Ltd.

Shree Rama Newsprint Ltd.

28.12
INR
-0.87
(-3.00%)
-2.40EPS
4.23BMarket Cap
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
70.23
64.48
38.37
31
29.13
33.89
22.62
17.79
2.1
3.11
3.16
2.96
2.18
2.26
Basic EPS, GAAP
-2.67
-7.31
0.48
-0.71
-2.03
2.59
-3.03
-5.22
-4.73
-8.01
-3.28
-7.2
-4.65
-4.68
Free Cash Flow per Basic Share
0.75
14.04
-4.61
0.86
-1.04
3.23
2.46
-0.76
0.73
2.03
0.89
0.62
-0.07
- -
Dividend per Share
- -
7.88
3.16
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
6.42
60.66
35.67
29.95
27.93
30.51
27.47
22.25
17.53
9.52
6.25
-0.96
-5.6
- -
Tangible Book Value per Share
6.42
60.66
35.58
29.82
27.88
30.47
27.44
22.24
17.52
9.51
6.24
-0.96
-5.61
- -
Basic Weighted Avg Shares
58
58
99
125
148
148
148
148
148
148
148
148
148
147
Sales/Revenue/Turnover
4,084
3,750
3,817
3,867
4,298
5,000
3,338
2,624
310
459
466
437
322
333
Operating Margin (%)
-3.34
-13.02
-8.14
-1.8
-3.04
13.17
-4.84
-16.4
-4.67
0.93
5.17
6.51
-11.77
-17.37
Depreciation Expense
348
124
222
227
230
233
250
269
285
42
41
42
42
42
Net Income, GAAP
-155
-425
48
-89
-299
382
-446
-770
-697
-1,182
-484
-1,063
-685
-688
Effective Tax Rate (%)
- -
- -
45.61
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
-3.8
-11.34
1.26
-2.3
-6.96
7.65
-13.37
-29.33
-224.65
-257.49
-103.85
-243.16
-212.92
-206.68
Working Capital
-1,538
-2,459
-1,144
-935
-1,354
-1,336
-2,196
-2,803
-3,393
1,404
954
-65
-715
- -
LT Debt
1,575
1,248
1,642
1,280
1,190
1,102
1,016
957
901
3,500
3,500
3,500
3,500
- -
Total Equity
373
3,528
4,214
4,418
4,121
4,501
4,052
3,283
2,586
1,405
922
-141
-826
- -
Return on Invested Capital (%)
- -
- -
0.74
- -
- -
8.8
- -
- -
- -
0.07
- -
- -
- -
- -
Return on Capital (%)
- -
- -
3.02
- -
- -
8.87
- -
- -
- -
-19.07
- -
- -
- -
- -
Return on Common Equity (%)
-34.39
-21.8
1.25
-2.06
-7.01
8.87
-10.44
-20.99
-23.76
-59.24
-41.57
- -
- -
- -

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
263
- -
LT Borrowings
- -
3,500
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
148
148
148
Market Capitalization
4,924
4,299
4,227

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
1,256
- -
Cash, Cash Equivalents & STI
- -
15
- -
Accounts Receivable, Net
- -
58
- -
Inventories
- -
54
- -
Total Current Liabilities
- -
1,970
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
263
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
24.79%
53.9%
486.1%
Free Cash Flow
-114.7%
-43.08%
-111.83%
Net Income, GAAP
-33.56%
17.05%
-35.52%
Sales/Revenue/Turnover
-9.71%
-14.26%
-26.36%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
114
90
124
113
437
2026
92
68
88
79
322
2027
97
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
-0.7
-0.69
-5.48
-0.36
-7.2
2026
-0.7
-0.69
-0.69
-2.57
-4.65
2027
-0.72
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
2027
- -
- -
- -
- -
- -

Company Description

CEO
Ganpatraj Lalchand Chowdhary
Full Time Employees
42
Sector
Process industries
Industry
Pulp & paper
Address
10, Abhishree Corporate Park Ahmedabad GJ India 380058
IPO Date
Oct 24, 1994
Business
Shree Rama Newsprint Limited manufactures recycled paper-based writing and printing paper, newsprint, and kraft paper from 100% waste paper at its integrated facility in Village Barbhodhan, Taluka Olpad, District Surat, Gujarat; the plant spans 230 acres with an installed annual capacity of 150,000 metric tons and benefits from proximity to Hazira Port for exports. Established in 1993 as part of the Riddhi Siddhi Group and listed on the Bombay Stock Exchange and National Stock Exchange (ticker: RAMANEWS.NS), the company primarily serves domestic newspaper publishers, printers, and commercial users while exporting up to 40% of production to markets in Asia and Africa. It operates a captive power plant and employs over 1,000 personnel, focusing on eco-friendly production processes including advanced de-inking technology. The company produces writing and printing paper in various grades suitable for photocopying and offset printing; newsprint for newspaper publishing; and kraft paper in the 42-100 GSM range for packaging applications, with plans to enhance high burst factor (BF) kraft via film sizer installation on Paper Machine 2 (PM2). Since shifting from newsprint due to import competition, it has emphasized value-added writing and printing paper production launched in October 2019 and introduced A4-size paper variants. Operations also include sale of scrap materials and, more recently, packaged drinking water from a commissioned bottling plant with 32,000 bottles per hour capacity in 200 ml and 500 ml sizes. Acquired by Riddhi Siddhi Gluco Biols Ltd from the West Coast Paper Mills group in May 2015 with promoter holding at 74.76%, the company underwent strategic revival including recommissioning of Paper Machine 1 (PM1) around 2020 and recent revamping of PM1 as announced via social media. In the current fiscal year, it pursues PM2 modernization for kraft paper upgrades amid stabilizing operations post-temporary closures due to weak demand and high input costs. Financials reflect revenue of Rs 48.34 crore in fiscal 2023, with ongoing board meetings including one scheduled for November 13, 2025, to review quarterly results.