Star Paper Mills Share Price & Earnings Call Analysis

₹143.53+1.38% today

Market cap: ₹224 Cr
P/E: 7.24
ROE: 3.66%
PEG: -0.24
Price to sales: 0.55
Debt to equity: 0.01
52W high / low: ₹170 / ₹120
Sales growth (5Y): 11.93%
EBITDA margin: 3.64%
Net profit margin: 6.19%
Promoter holding: 44.93%
Sales (last year): ₹412 Cr

All 12 ratios ↓

Incorporated in 1938, Star Paper Mills Ltd manufactures and supplies Paper and Paper Board[1]

Potential multibaggers · Q2 FY27

This quarter's potential multibaggers
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See all potential multibaggers Where does Star Paper Mills rank?

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

Financials of Star Paper Mills

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

Financials of Star Paper Mills

Quarterly Results

Quarter-by-quarter operating performance

	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026
Sales +	123.41	123.57	105.66	114.81	100.43	113.85	110.91	97.48	114.09	101.16	104.37	91.82	112.59
Expenses +	108.81	101.02	90.39	101.02	94.98	104.03	101.88	89.69	103.88	94.89	97.23	91.20	108.14
Operating Profit	14.60	22.55	15.27	13.79	5.45	9.82	9.03	7.79	10.21	6.27	7.14	0.62	4.45
OPM %	11.83%	18.25%	14.45%	12.01%	5.43%	8.63%	8.14%	7.99%	8.95%	6.20%	6.84%	0.68%	3.95%
Other Income +	8.48	3.99	8.49	7.08	10.55	8.24	10.06	4.50	1.14	11.87	5.54	11.80	-5.57
Interest	0.20	0.11	0.19	0.19	0.34	0.23	0.23	0.26	0.24	0.23	0.25	0.23	0.21
Depreciation	1.39	1.32	1.38	1.38	1.37	1.37	1.39	1.38	2.25	1.59	1.61	1.62	2.15
Profit before tax	21.49	25.11	22.19	19.30	14.29	16.46	17.47	10.65	8.86	16.32	10.82	10.57	-3.48
Tax %	23.45%	21.43%	31.55%	23.52%	-0.07%	15.55%	16.94%	27.51%	43.34%	21.51%	-20.33%	22.33%	-62.93%
Net Profit +	16.45	19.74	15.19	14.76	14.31	13.91	14.52	7.71	5.01	12.81	13.02	8.22	-1.29
EPS in Rs	10.54	12.65	9.73	9.46	9.17	8.91	9.30	4.94	3.21	8.21	8.34	5.27	-0.83

Financials of Star Paper Mills

Profit & Loss

Annual income statement trend

	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Sales +	271	272	324	347	378	341	233	331	493	444	436	410
Expenses +	256	246	253	274	328	293	212	299	412	387	399	391
Operating Profit	15	27	71	72	49	48	21	32	80	57	37	18
OPM %	5%	10%	22%	21%	13%	14%	9%	10%	16%	13%	8%	5%
Other Income +	1	1	2	5	7	7	9	18	9	30	24	24
Interest	3	3	1	1	1	1	1	0	1	1	1	1
Depreciation	5	4	4	4	4	5	5	5	5	5	6	7
Profit before tax	8	21	68	72	52	49	25	44	83	81	53	34
Tax %	-107%	20%	11%	25%	-3%	24%	30%	17%	21%	21%	23%	4%
Net Profit +	16	16	60	54	53	37	18	37	66	64	41	33
EPS in Rs	9.96	10.57	38.67	34.76	34.08	23.88	11.22	23.48	42.07	41.00	26.36	20.98
Dividend Payout %	0%	0%	5%	7%	7%	10%	22%	15%	12%	10%	13%	12%

Financials of Star Paper Mills

Balance Sheet

Capital structure and asset base

	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	16	16	16	16	16	16	16	16	16	16	16	16
Reserves	31	48	337	390	440	473	486	519	579	632	665	693
Borrowings +	14	7	4	2	1	0	1	1	0	5	5	4
Other Liabilities +	109	106	157	154	135	142	147	136	134	137	137	125
Total Liabilities	170	176	514	562	592	630	650	672	728	790	822	838
Fixed Assets +	86	85	404	405	410	412	415	415	414	425	424	420
CWIP	1	1	2	7	4	7	6	3	3	3	2	4
Investments	32	32	46	78	81	89	94	113	47	194	203	247
Other Assets +	51	58	61	71	96	122	135	141	265	167	194	167
Total Assets	170	176	514	562	592	630	650	672	728	790	822	838

Financials of Star Paper Mills

Cash Flows

Operating, investing and financing cash movement

	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from Operating Activity +	15	12	39	36	31	18	29	19	47	26	15	29
Cash from Investing Activity +	-0	-3	-35	-31	-28	-4	-25	-13	-41	-9	4	-36
Cash from Financing Activity +	-10	-10	-3	-7	-5	-8	-5	-5	-6	-9	-8	-7
Net Cash Flow	5	-1	1	-2	-2	5	-2	0	-1	7	12	-13
Free Cash Flow	14	9	35	31	25	8	22	17	42	15	11	21
CFO/OP	100%	47%	74%	68%	85%	55%	161%	89%	83%	84%	71%	212%

Financials of Star Paper Mills

Ratios

Working capital efficiency and return ratios

	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	9	14	8	8	7	4	1	7	2	3	5	6
Inventory Days	70	90	113	144	131	224	294	189	179	219	225	198
Days Payable	211	205	148	136	105	124	112	73	57	46	35	34
Cash Conversion Cycle	-133	-102	-27	16	33	104	182	122	124	176	194	170
Working Capital Days	-82	-52	-19	-2	13	40	42	43	44	63	81	285
ROCE %	19%	36%	32%	19%	12%	10%	5%	9%	17%	13%	8%	5%

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