S I Paper Mills Share Price ₹123 | P/E 15.1

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

Financials of S I Paper Mills

Quarter-by-quarter operating performance

	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025
Sales +	63.08	69.06	76.93	72.80	71.91	90.66	89.83	101.77	83.57	94.14	106.89	111.57	101.37
Expenses +	68.11	76.28	74.32	68.16	67.20	85.38	85.07	95.34	79.35	88.10	96.48	98.65	89.19
Operating Profit	-5.03	-7.22	2.61	4.64	4.71	5.28	4.76	6.43	4.22	6.04	10.41	12.92	12.18
OPM %	-7.97%	-10.45%	3.39%	6.37%	6.55%	5.82%	5.30%	6.32%	5.05%	6.42%	9.74%	11.58%	12.02%
Other Income +	13.37	0.94	0.46	0.14	0.14	0.42	0.49	0.96	0.36	0.15	0.15	0.16	0.07
Interest	4.29	5.01	4.13	4.73	4.71	4.81	4.92	4.87	4.89	4.94	5.10	5.16	4.90
Depreciation	3.90	4.39	4.47	4.56	4.40	4.46	4.13	4.13	4.14	4.17	4.15	4.16	4.17
Profit before tax	0.15	-15.68	-5.53	-4.51	-4.26	-3.57	-3.80	-1.61	-4.45	-2.92	1.31	3.76	3.18
Tax %	0.00%	-34.25%	-25.14%	-25.28%	-25.12%	-23.81%	-25.26%	-25.47%	-25.17%	-22.60%	25.19%	25.27%	25.16%
Net Profit +	0.14	-10.30	-4.14	-3.38	-3.19	-2.73	-2.84	-1.21	-3.33	-2.26	0.98	2.81	2.37
EPS in Rs	0.09	-5.49	-2.21	-1.80	-1.70	-1.46	-1.51	-0.65	-1.78	-1.21	0.52	1.50	1.26

Financials of S I Paper Mills

Annual income statement trend

	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	TTM
Sales +	142	185	206	195	134	241	216	226	304	287	311	367	414
Expenses +	128	155	170	164	122	204	182	188	266	293	293	346	372
Operating Profit	15	29	36	31	13	37	35	38	38	-6	17	22	42
OPM %	10%	16%	18%	16%	9%	15%	16%	17%	12%	-2%	6%	6%	10%
Other Income +	1	1	9	1	2	1	1	3	3	14	1	2	1
Interest	2	2	2	4	5	5	4	5	6	16	19	20	20
Depreciation	7	8	8	10	9	10	10	10	9	16	18	17	17
Profit before tax	6	21	35	18	1	23	21	27	26	-24	-18	-13	5
Tax %	32%	35%	31%	34%	-19%	21%	25%	28%	16%	-31%	-25%	-25%
Net Profit +	4	14	24	12	1	18	16	19	22	-17	-13	-10	4
EPS in Rs	2.59	9.02	16.06	7.97	0.63	12.25	10.63	12.70	14.44	-8.89	-7.16	-5.14	2.07
Dividend Payout %	58%	28%	19%	19%	158%	12%	14%	8%	7%	0%	0%	0%

Financials of S I Paper Mills

Capital structure and asset base

	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Sep 2025
Equity Capital	15	15	15	15	15	15	15	15	15	19	19	19	19
Reserves	85	93	112	126	125	141	154	171	191	215	202	192	196
Borrowings +	15	17	34	45	53	38	42	100	199	192	198	175	172
Other Liabilities +	38	37	55	44	42	45	42	53	66	65	38	57	69
Total Liabilities	153	162	216	230	235	239	253	339	471	490	457	443	456
Fixed Assets +	80	79	114	136	130	132	128	120	304	343	331	317	310
CWIP	3	2	16	11	15	8	15	106	39	17	0	0	0
Investments	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Assets +	69	82	86	83	90	99	110	113	127	129	125	125	145
Total Assets	153	162	216	230	235	239	253	339	471	490	457	443	456

Financials of S I Paper Mills

Operating, investing and financing cash movement

	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Cash from Operating Activity +	11	15	30	26	-2	39	40	22	39	1	-18	40
Cash from Investing Activity +	-12	-7	-44	-29	1	-12	-31	-77	-105	-13	-1	2
Cash from Financing Activity +	-0	-4	12	3	-2	-21	-3	51	84	18	-12	-41
Net Cash Flow	-1	3	-2	1	-2	5	6	-4	18	5	-32	1
Free Cash Flow	-2	7	-23	-3	-1	26	8	-57	-66	-13	-20	42
CFO/OP	95%	68%	106%	103%	-13%	121%	125%	68%	111%	-58%	-105%	185%

Financials of S I Paper Mills

Working capital efficiency and return ratios

	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Debtor Days	69	60	64	56	104	60	50	75	58	56	69	58
Inventory Days	130	123	103	109	197	120	126	107	83	94	88	77
Days Payable	76	54	69	60	98	71	52	57	52	76	37	30
Cash Conversion Cycle	124	129	98	105	203	108	123	125	88	74	120	106
Working Capital Days	55	61	35	56	109	71	44	27	-14	-25	2	-1
ROCE %	7%	19%	20%	13%	2%	14%	13%	11%	8%	-5%	0%	1%

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S I Paper Mills Share Price & Earnings Call Analysis