Sundaram Multi Pap Ltd
NSE: SUNDARAM BSE: 533166
Incorporated in 1985, Sundaram Multi Pap Ltd is in the business of School & Office stationery and E-learning[1]
₹1.4
52W: ₹1.06 — ₹2.46
PE 88.4 · Book ₹1.45 · -3% vs bookMarket Cap₹66.4 Cr
Stock P/E88.4Price to Earnings
ROCE2.2%Return on Capital
ROE5.92%Return on Equity
Div. Yield0%Face Value ₹1
Strengths
- +Company has reduced debt.
- +Stock is trading at 0.96 times its book value
- +Company's working capital requirements have reduced from 123 days to 78.2 days
Weaknesses
- −Company has low interest coverage ratio.
- −Promoter holding is low: 31.1%
- −Company has a low return on equity of -1.07% over last 3 years.
- −Earnings include an other income of Rs.3.29 Cr.
Shareholding Pattern
Promoters31.11%
FIIs0%
DIIs0.05%
Public68.84%
| Category | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters | 31.11% | 31.11% | 31.11% | 31.11% | 31.11% | 31.11% | 31.11% | 31.11% |
| FIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| DIIs | 0.03% | 0.03% | 0.05%▲0.0 | 0.05% | 0.05% | 0.05% | 0.05% | 0.05% |
| Public | 68.86% | 68.85%▼0.0 | 68.84%▼0.0 | 68.85%▲0.0 | 68.83%▼0.0 | 68.83% | 68.83% | 68.84%▲0.0 |
Financial Statements
| Metric | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 22.3 | 21.94 | 40.51 | 42.42 | 24 | 21.36 | 39.65 | 40.66 | 26.03 | 26.07 |
| Expenses | 22.54 | 22.41 | 37.93 | 38.69 | 24.04 | 22.26 | 40.81 | 39.52 | 24.28 | 23.97 |
| Operating Profit | -0.24 | -0.47 | 2.58 | 3.73 | -0.04 | -0.9 | -1.16 | 1.14 | 1.75 | 2.1 |
| OPM % | -1.08% | -2.14% | 6.37% | 8.79% | -0.17% | -4.21% | -2.93% | 2.8% | 6.72% | 8.06% |
| Net Profit | -2.35 | -2.14 | 0.24 | 0.25 | -1.83 | -2.69 | -0.85 | -0.44 | 0.83 | 1.62 |
| EPS ₹ | -0.05 | -0.05 | 0.01 | 0.01 | -0.04 | -0.06 | -0.02 | -0.01 | 0.02 | 0.03 |
AI Insights
Revenue Trend
TTM revenue at ₹132Cr, up 3.9% YoY. OPM at 3%.
Debt Position
Borrowings at ₹21Cr. Debt-to-equity ratio: 1.00x. High leverage — monitor closely.
Institutional Flow
DIIs: 0.05% (+0.02pp change). FIIs: 0% (+0.00pp change). Promoters hold 31.11%.
Margin & Efficiency
ROCE declining from 7% (Mar 2014) to -2% (Mar 2025). Working capital days: 78.
Valuation
PE 88.4x with 2.2% ROCE. Price is -3% above book value of ₹1.45. Dividend yield: 0%.
Recent Announcements
- Board Meeting Intimation for Declaration Of Audited Standalone Financial Results Of The Company. 2d - Board meeting on May 25, 2026 to approve audited standalone FY26 results.
- Announcement under Regulation 30 (LODR)-Press Release / Media Release 14 May - May 14, 2026 press release: Sundaram expands pan-India sales network across Tier II and Tier III cities.
- Announcement under Regulation 30 (LODR)-Press Release / Media Release 20 Apr - Sundaram installed and commissioned a fully automatic notebook machine at Palghar, investing over ₹30 million.
- Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 8 Apr - Company confirms it is not a Large Corporate; outstanding borrowings were Rs. 20.02 crore as of March 31, 2026.
- Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 8 Apr - Compliance certificate for quarter ended March 31, 2026 under Regulation 74(5) submitted.
- Financial Year 2025 from bse
- Financial Year 2024 from bse
- Financial Year 2023 from bse