Seshasayee Paper & Boards Q2 FY27 Share Price & Earnings Call Analysis

₹203.63+0.44% today
Market cap
₹1,284 Cr
P/E
10.80
ROE
4.10%
PEG
-0.26
Price to sales
0.65
Debt to equity
0.00
52W high / low
₹279 / ₹193
Sales growth (5Y)
16.94%
EBITDA margin
7.03%
Net profit margin
4.83%
Promoter holding
43.31%
Sales (last year)
₹1,974 Cr

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

Potential multibaggers · Q2 FY27

Potential multibaggers in Paper, Forest & Jute Products
on management's own guidance

  1. 2
  2. Kuantum PapersModerate growth
    1
  3. Satia IndustriesSlow growth
    3

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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.

Peers

Paper, Forest & Jute Products companies ranked on guidance

#CompanyRevenue guidedMargin guidedMarket capP/E
1Kuantum Papers10–20%Up 2%+₹566 Cr17.4
2Nikita Greentech Recycling0–10%Up 0–2%₹155 Cr14.0
3Satia Industries0–10%Flat₹641 Cr—

Financials of Seshasayee Paper

Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.

Shareholder Pattern

Seshasayee Paper

Shareholding breakup across reporting periods.

Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026
Promoters +42.78%42.78%42.78%42.78%42.81%42.90%42.90%42.90%43.03%43.11%43.27%43.31%
FIIs +12.98%12.97%13.01%13.11%13.05%13.06%13.03%13.02%12.99%12.94%12.60%12.37%
DIIs +0.02%0.02%0.06%0.08%0.08%0.10%0.10%0.10%0.10%0.10%0.09%0.42%
Government +14.27%14.27%14.27%14.27%14.27%14.27%14.27%14.27%14.27%14.27%14.27%14.27%
Public +29.96%29.96%29.88%29.77%29.78%29.68%29.70%29.69%29.61%29.59%29.76%29.64%
No. of Shareholders26,43625,87525,72923,43023,31622,47122,19922,23421,66122,28222,67123,074

Financials of Seshasayee Paper

Quarterly Results

Quarter-by-quarter operating performance

Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026
Sales +362473539422398431502385346387592492503
Expenses +273386472374368424477365320362568449456
Operating Profit8988684831825202625244447
OPM %25%19%13%11%8%1.8%5%5%8%6%4.0%9%9%
Other Income +18151715192120141813201219
Interest0011124143100
Depreciation11111111111111121111111212
Profit before tax96917450371629212924324354
Tax %24%24%23%26%23%-4%8%28%22%23%19%27%22%
Net Profit +73695737281727152219263242
EPS in Rs11.6110.949.015.874.512.644.292.453.552.964.135.066.71

Financials of Seshasayee Paper

Profit & Loss

Annual income statement trend

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales +9981,0081,1081,1051,3261,1847821,3552,0831,8021,7541,7101,974
Expenses +9089018948981,0309176751,1891,5491,4621,6431,6151,835
Operating Profit9010721420729626710816653434011196139
OPM %9%11%19%19%22%23%14%12%26%19%6%6%7%
Other Income +341215253126244063756465
Interest373223141473332894
Depreciation29293132343538414544454546
Profit before tax265017217627325693146525357132106154
Tax %32%29%23%30%30%29%-15%24%25%24%18%22%
Net Profit +163613212319218210611039627110983119
EPS in Rs2.615.7120.9719.5430.4428.7916.8717.4462.7642.9317.3113.0918.86
Dividend Payout %31%17%10%15%13%13%14%14%9%11%14%15%

Financials of Seshasayee Paper

Balance Sheet

Capital structure and asset base

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026Sep 2026
Equity Capital13131313131212121212121212
Reserves4014305927138811,0071,1311,2431,6231,8991,9762,0302,100
Borrowings +3293021711499710840218200
Other Liabilities +380391343406446419367400443459452460417
Total Liabilities1,1231,1351,1181,2811,4361,4481,5181,6602,0792,3912,5222,5022,530
Fixed Assets +661638650686685688747828809789769758760
CWIP135041272331321420357193120
Investments434793108107103152178197248278305330
Other Assets +4053993354606216265856401,0541,3191,4041,3461,320
Total Assets1,1231,1351,1181,2811,4361,4481,5181,6602,0792,3912,5222,5022,530

Financials of Seshasayee Paper

Cash Flows

Operating, investing and financing cash movement

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity +105112200225273165-7276329202-6192
Cash from Investing Activity +-20-46-36-50-16-26-54-251-372-225426
Cash from Financing Activity +-104-66-154-51-89-124-31-22-22-1923-103
Net Cash Flow-2001012416815-913-66-425-5
Free Cash Flow8669168172243119-108171297166-12337
CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit119%104%103%125%112%79%9%184%86%88%-37%125%

Financials of Seshasayee Paper

Ratios

Working capital efficiency and return ratios

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days454735352225382717243141
Inventory Days1169711514711018741387138170165164
Days Payable194188168220211215311137134153115109
Cash Conversion Cycle-33-44-18-38-79-3140-2321418196
Working Capital Days-20-11-1-13-171265514264358
ROCE %11%26%22%31%26%9%12%37%20%7%6%
13out of 100

Momentum score · price trend

13 out of 100 — Cooling

Over the past year its share price has done worse than most of the stocks we track.

PeriodShare price changeBetter than … of 1,910 stocks
Last 12 months−20.3%35%
Last 6 months−24.9%13%
Last 3 months−14.4%33%

The price is 47.1% below its all-time high of ₹385.1 (29 Sept 2023). Stocks more than 20% below their peak have their score halved, so 26 became 13.

How we calculate it

“Better than 30%” means that over that period the share price did better than 30 out of every 100 stocks we track (1,910 Indian companies worth ₹500 Cr or more, with at least a year of prices).

The score weighs the longer periods more: 40% × 12-month + 40% × 6-month + 20% × 3-month. For Seshasayee Paper: 0.4 × 35 + 0.4 × 13 + 0.2 × 33 = 26, halved to 13 because the price is more than 20% below its all-time high.

Strengthening is 70 and above, Steady 40 to 70, Cooling below 40. Scores are recalculated every night after the market closes.

Full methodology →

This describes only how the share price has moved up to 2 Nov 2026, compared with other stocks. It says nothing about the business, and it is not a prediction, a price target or a recommendation to buy or sell.

What Seshasayee Paper's management said in earlier quarters

Others in Paper, Forest & Jute Products this season

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  • Malu Paper (Q2 FY27)

    26% EBITDA margin. Key results statement takeaways from Malu Paper Mills Ltd's Q2 FY27 results statement — and how it ranks against sector peers.

  • Andhra Paper (Q2 FY27)

    Revenue from operations for the quarter ended September 30, 2026: ₹42,606.88 lakhs . Key results statement takeaways from Andhra Paper Ltd's Q2 FY27 results sta

  • Pudumjee Paper (Q2 FY27)

    2,017 lakhs increase (~9.7%) . Key results statement takeaways from Pudumjee Paper Products Ltd's Q2 FY27 results statement — and how it ranks against sector pe