Skip to main content
Swing Capital

Seshasayee Paper & Boards Ltd

NSE: SESHAPAPER BSE: 502450

Seshasayee Paper & Boards is engaged in the business of manufacture and sale of printing and writing paper.

₹230
52W: ₹212 — ₹324
PE 21.4 · Book ₹309 · -26% vs book
Market Cap₹1,450 Cr
Stock P/E21.4Price to Earnings
ROCE5.09%Return on Capital
ROE3.51%Return on Equity
Div. Yield0.86%Face Value ₹2

Strengths

  • +Company has reduced debt.
  • +Company is almost debt free.
  • +Stock is trading at 0.74 times its book value

Weaknesses

  • −Company has a low return on equity of 7.83% over last 3 years.
  • −Earnings include an other income of Rs.49.5 Cr.
  • −Dividend payout has been low at 14.6% of profits over last 3 years
  • −Debtor days have increased from 31.8 to 40.5 days.

Shareholding Pattern

Promoters43.11%
FIIs12.94%
DIIs0.1%
Public29.59%
CategoryJun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Promoters42.78%42.78%42.81%▲0.042.9%▲0.142.9%42.9%43.03%▲0.143.11%▲0.1
FIIs13.01%13.11%▲0.113.05%▼0.113.06%▲0.013.03%▼0.013.02%▼0.012.99%▼0.012.94%▼0.1
DIIs0.06%0.08%▲0.00.08%0.1%▲0.00.1%0.1%0.1%0.1%
Public29.88%29.77%▼0.129.78%▲0.029.68%▼0.129.7%▲0.029.69%▼0.029.61%▼0.129.59%▼0.0

Financial Statements

MetricDec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Sales473539422398431502385346387592
Expenses386472374368424477364320362568
Operating Profit8868483182521262524
OPM %19%13%11%8%2%5%6%8%6%4%
Net Profit66533825162617181617
EPS ₹10.428.436.083.932.514.062.712.822.462.76

AI Insights

Revenue Trend

Mar 2026 revenue at ₹1,710Cr, down 2.5% YoY. OPM at 6%.

Debt Position

Borrowings at ₹0Cr. Debt-to-equity ratio: 0.00x. Healthy balance sheet.

Capex Cycle

CWIP at ₹93Cr (12% of fixed assets). Moderate ongoing capital expenditure.

Institutional Flow

DIIs: 0.1% (-0.11pp change). FIIs: 12.94% (+0.08pp change). Promoters hold 43.11%.

Margin & Efficiency

ROCE declining from 9% (Mar 2015) to 5% (Mar 2026). Working capital days: 58.

Valuation

PE 21.4x with 5.09% ROCE. Price is -26% above book value of ₹309. Dividend yield: 0.86%.

Recent Announcements