Income Statement Shree Rama Newsprint Limited Bombay S.E.

Stocks

RAMANEWS

INE278B01020

Non-Alcoholic Beverages

Market Closed - Bombay S.E. 06:02:22 2026-08-21 EDT			5-day change	1st Jan Change
31.92 ^INR	+0.50%		+2.14%	-4.37%

08-13	Shree Rama Newsprint Limited Reports Earnings Results for the First Quarter Ended June 30, 2026	CI
05-25	Shree Rama Newsprint Limited Reports Earnings Results for the Fourth Quarter and Full Year Ended March 31, 2026	CI

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Published financial data: SHREE RAMA NEWSPRINT LIMITED

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: March	2021	2022	2023	2024	2025
Revenues	2.65B	3.3B	467M	470M	441M
Other Revenues, Total	-	-	-	-	-
Total Revenues	2.65B	3.3B	467M	470M	441M
Cost of Goods Sold, Total	1.8B	2.19B	264M	251M	217M
Gross Profit	853M	1.11B	203M	220M	224M
Selling General & Admin Expenses, Total	182M	204M	17.4M	14.41M	14.62M
Depreciation & Amortization - (IS)	269M	285M	41.67M	41.44M	41.73M
Other Operating Expenses	832M	1B	139M	127M	93.98M
Other Operating Expenses, Total	1.28B	1.49B	198M	183M	150M
Operating Income	-431M	-382M	4.27M	37.14M	73.62M
Interest Expense, Total	-363M	-338M	-	-366M	-361M
Interest And Investment Income	14.02M	1.1M	16.39M	-	414K
Net Interest Expenses	-349M	-337M	16.39M	-366M	-361M
Currency Exchange Gains (Loss)	1.87M	-923K	-1.45M	-	1.06M
Other Non Operating Income (Expenses)	8.19M	23.08M	-	-11K	-23K
EBT, Excl. Unusual Items	-770M	-697M	19.2M	-329M	-286M
Gain (Loss) On Sale Of Assets	-	75K	-	-	-
Insurance Settlements	-	-	-	-	-
Other Unusual Items	-	-	-	-	-
EBT, Incl. Unusual Items	-770M	-697M	19.2M	-329M	-286M
Income Tax Expense	-	-	-	-	-
Earnings From Continuing Operations	-770M	-697M	19.2M	-329M	-286M
Earnings Of Discontinued Operations	-	-	-1.2B	-155M	-777M
Net Income to Company	-770M	-697M	-1.18B	-484M	-1.06B
Net Income - (IS)	-770M	-697M	-1.18B	-484M	-1.06B
Net Income to Common Incl Extra Items	-770M	-697M	-1.18B	-484M	-1.06B
Net Income to Common Excl. Extra Items	-770M	-697M	19.2M	-329M	-286M
Per Share Items
Net EPS - Basic	-5.22	-4.73	-8.01	-3.28	-7.2
Basic EPS - Continuing Operations	-5.22	-4.73	0.13	-2.23	-1.94
Basic Weighted Average Shares Outstanding	148M	148M	148M	148M	148M
Net EPS - Diluted	-5.22	-4.73	-8.01	-3.28	-7.21
Diluted EPS - Continuing Operations	-5.22	-4.73	0.13	-2.23	-1.94
Diluted Weighted Average Shares Outstanding	148M	148M	148M	148M	148M
Normalized Basic EPS	-3.26	-2.95	0.08	-1.39	-1.21
Normalized Diluted EPS	-3.26	-2.95	0.08	-1.39	-1.21
Supplemental Items
EBITDA	-164M	-98.32M	45.79M	78.43M	115M
EBITA	-431M	-382M	4.27M	37.14M	73.62M
EBIT	-431M	-382M	4.27M	37.14M	73.62M
EBITDAR	-	-	-	-	-
Total Revenues (As Reported)	2.68B	3.32B	483M	483M	488M
Effective Tax Rate - (Ratio)	-	-	-	-	-
Total Deferred Taxes	-	-	-	-	-
Normalized Net Income	-481M	-436M	12M	-206M	-179M
Interest on Long-Term Debt	58.1M	40.74M	-	-	-
Non-Cash Pension Expense	-333K	4.94M	-1.48M	-825K	183K
Supplemental Operating Expense Items
Research And Development Expense From Footnotes	318K	356K	-	-	-
Net Rental Expense, Total	-	-	-	-	-
Imputed Operating Lease Interest Expense	-	-	-	-	-
Imputed Operating Lease Depreciation	-	-	-	-	-
Maintenance & Repair Expenses, Total	38.52M	48.84M	462K	3.01M	6.32M

Fiscal Period: March	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	3.98M	846K	614K	1.48M	507K
Total Cash And Short Term Investments	3.98M	846K	614K	1.48M	507K
Accounts Receivable, Total	273M	239M	82.26M	38.67M	48.45M
Other Receivables	425M	315M	243M	210M	160M
Total Receivables	698M	555M	326M	249M	208M
Inventory	886M	561M	46.27M	47.33M	46.88M
Prepaid Expenses	8.65M	3.58M	503K	604K	890K
Other Current Assets, Total	21.79M	4.53M	2.37B	2.23B	1.46B
Total Current Assets	1.62B	1.13B	2.74B	2.53B	1.72B
Gross Property Plant And Equipment	8.48B	8.57B	3.74B	3.75B	3.75B
Accumulated Depreciation	-1.42B	-1.7B	-257M	-299M	-340M
Net Property Plant And Equipment	7.06B	6.87B	3.48B	3.45B	3.41B
Long-term Investments	365K	475K	584K	-	1.05M
Other Intangibles, Total	1.56M	1.32M	1.16M	1.01M	859K
Deferred Tax Assets Long-Term	-	-	-	-	-
Other Long-Term Assets, Total	28.34M	46.62M	16.16M	22.11M	19.59M
Total Assets	8.71B	8.04B	6.25B	6B	5.15B
Liabilities
Accounts Payable, Total	759M	492M	68.11M	55.86M	42.81M
Accrued Expenses, Total	36.46M	36.03M	4.76M	353M	702M
Short-term Borrowings	3.34B	3.76B	110M	140M	107M
Current Portion of Long-Term Debt	176M	132M	-	-	-
Unearned Revenue Current, Total	17.15M	16.05M	-	13.82M	22.98M
Other Current Liabilities	92.96M	79.68M	1.16B	1.01B	910M
Total Current Liabilities	4.42B	4.52B	1.34B	1.58B	1.79B
Long-Term Debt	957M	901M	3.5B	3.5B	3.5B
Unearned Revenue Non Current	-	-	-	-	-
Pension & Other Post Retirement Benefits	26.42M	22.48M	2.29M	1.53M	2.22M
Deferred Tax Liability Non Current	-	-	-	-	-
Other Non Current Liabilities	16.84M	15.45M	136K	196K	425K
Total Liabilities	5.42B	5.46B	4.84B	5.08B	5.29B
Common Stock, Total	1.48B	1.48B	1.48B	1.48B	1.48B
Retained Earnings	712M	14.96M	-1.17B	-1.65B	-1.62B
Comprehensive Income and Other	1.1B	1.1B	1.1B	1.1B	-
Total Common Equity	3.28B	2.59B	1.4B	922M	-141M
Total Equity	3.28B	2.59B	1.4B	922M	-141M
Total Liabilities And Equity	8.71B	8.04B	6.25B	6B	5.15B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	148M	148M	148M	148M	148M
ECS Total Common Shares Outstanding	148M	148M	148M	148M	148M
Book Value / Share	22.25	17.53	9.52	6.25	-0.96
Tangible Book Value	3.28B	2.58B	1.4B	921M	-142M
Tangible Book Value Per Share	22.24	17.52	9.51	6.24	-0.96
Total Debt	4.47B	4.8B	3.61B	3.64B	3.61B
Net Debt	4.47B	4.79B	3.61B	3.64B	3.61B
Debt Equivalent of Unfunded Proj. Benefit Obligation	34.14M	28.98M	3.81M	2.54M	3.19M
Debt Equivalent Oper. Leases	-	-	-	-	-
Account Code - Inventory Valuation	6	6	6	6	6
Inventories - Raw Materials, Total	453M	160M	18.64M	12.85M	11.85M
Inventories - Work In Process, Total	19.89M	8.4M	4.26M	5.18M	4.26M
Inventories - Finished Goods, Total	284M	252M	4.6M	7.41M	8.79M
Inventories - Others	129M	142M	18.76M	21.89M	21.98M
Land - (BS)	2.5B	2.5B	2.5B	2.5B	2.5B
Buildings, Total	901M	913M	913M	913M	913M
Machinery, Total	5.08B	5.16B	330M	333M	333M
Full Time Employees	379	285	61	51	51
Accumulated Allowance for Doubtful Accounts (Supple)	4.03M	4.03M	-	-	-

Fiscal Period: March	2021	2022	2023	2024	2025
Net Income	-770M	-697M	-1.18B	-484M	-1.06B
Depreciation & Amortization - CF	267M	284M	41.52M	41.29M	41.58M
Depreciation & Amortization, Total	267M	284M	41.52M	41.29M	41.58M
Amortization of Deferred Charges, Total - (CF)	2.06M	1.05M	152K	152K	152K
(Gain) Loss From Sale Of Asset	-	-	-62K	5.76M	20.07M
(Gain) Loss on Sale of Investments - (CF)	-	-	-	584K	-
Asset Writedown & Restructuring Costs	-	-	-	-	696M
Provision and Write-off of Bad Debts	-	-	12.12M	6.2M	-
Net Cash From Discontinued Operations	-	-	-18.98M	-155M	-777M
Other Operating Activities, Total	352M	339M	1.28B	638M	1.17B
Change In Accounts Receivable	45.34M	33.95M	110M	53.43M	-9.19M
Change In Inventories	-162M	324M	379M	15.58M	8.93M
Change In Accounts Payable	85.32M	-268M	-308M	-22.28M	-59.9M
Change in Other Net Operating Assets	67.78M	90.21M	-14.82M	31.64M	59.37M
Cash from Operations	-112M	107M	300M	132M	91.72M
Capital Expenditure	-71.28M	-96.55M	-	-3.15M	-
Sale of Property, Plant, and Equipment	-	-	3.74M	66.06M	37.82M
Other Investing Activities, Total	4.98M	489K	16.63M	-	-
Cash from Investing	-66.3M	-96.06M	20.38M	62.91M	37.82M
Short Term Debt Issued, Total	587M	178M	-	29.78M	10.28M
Long-Term Debt Issued, Total	-	-	3.41B	-	-
Total Debt Issued	587M	178M	3.41B	29.78M	10.28M
Short Term Debt Repaid, Total	-	-	-3.69B	-	-
Long-Term Debt Repaid, Total	-92.35M	-109M	-	-197M	-124M
Total Debt Repaid	-92.35M	-109M	-3.69B	-197M	-124M
Issuance of Common Stock	-	-	-	-	-
Other Financing Activities, Total	-319M	-82.8M	-35.03M	-26.26M	-16.54M
Cash from Financing	176M	-14.54M	-320M	-194M	-131M
Miscellaneous Cash Flow Adjustments	-	-1K	-	1K	-
Net Change in Cash	-2.04M	-3.14M	-232K	869K	-976K
Supplemental Items
Cash Interest Paid	319M	82.8M	35.03M	26.26M	16.54M
Cash Income Tax Paid (Refund)	-	-	-	-	-2.79M
Levered Free Cash Flow	-294M	-53.46M	-969M	254M	912M
Unlevered Free Cash Flow	-67.1M	158M	-969M	483M	1.14B
Change In Net Working Capital	-4.23M	-208M	1.01B	-422M	-1.05B
Net Debt Issued / Repaid	495M	68.26M	-285M	-168M	-114M

Fiscal Period: March	2021	2022	2023	2024	2025
Profitability
Return on Assets	-3.05	-2.85	0.04	0.38	0.83
Return on Total Capital	-3.42	-3.16	0.04	0.48	1.15
Return On Equity %	-20.99	-23.76	0.96	-28.29	-73.29
Return on Common Equity	-20.99	-23.76	0.96	-28.29	-73.29
Margin Analysis
Gross Profit Margin %	32.19	33.72	43.39	46.7	50.75
SG&A Margin	6.86	6.2	3.73	3.06	3.31
EBITDA Margin %	-6.18	-2.98	9.8	16.67	26.1
EBITA Margin %	-16.26	-11.6	0.91	7.89	16.68
EBIT Margin %	-16.26	-11.6	0.91	7.89	16.68
Income From Continuing Operations Margin %	-29.06	-21.15	4.11	-69.97	-64.84
Net Income Margin %	-29.06	-21.15	-253.07	-102.82	-240.84
Net Avail. For Common Margin %	-29.06	-21.15	4.11	-69.97	-64.84
Normalized Net Income Margin	-18.16	-13.22	2.57	-43.73	-40.52
Levered Free Cash Flow Margin	-11.11	-1.62	-207.4	54.1	206.73
Unlevered Free Cash Flow Margin	-2.53	4.79	-207.4	102.76	257.89
Asset Turnover
Asset Turnover	0.3	0.39	0.07	0.08	0.08
Fixed Assets Turnover	0.37	0.47	0.09	0.14	0.13
Receivables Turnover (Average Receivables)	8.95	12.86	2.9	7.78	10.13
Inventory Turnover (Average Inventory)	2.23	3.02	0.87	5.36	4.61
Short Term Liquidity
Current Ratio	0.37	0.25	2.05	1.61	0.96
Quick Ratio	0.16	0.12	0.24	0.16	0.12
Operating Cash Flow to Current Liabilities	-0.03	0.02	0.22	0.08	0.05
Days Sales Outstanding (Average Receivables)	40.8	28.38	125.71	47.05	36.03
Days Outstanding Inventory (Average Inventory)	163.53	120.87	419.57	68.32	79.09
Average Days Payable Outstanding	133.46	122.61	-407.17	90.11	83.02
Cash Conversion Cycle (Average Days)	70.87	26.64	952.45	25.26	32.1
Long Term Solvency
Total Debt/Equity	136.29	185.46	256.98	394.86	-2.56K
Total Debt / Total Capital	57.68	64.97	71.99	79.79	104.07
LT Debt/Equity	29.16	34.83	249.15	379.69	-2.48K
Long-Term Debt / Total Capital	12.34	12.2	69.79	76.73	100.98
Total Liabilities / Total Assets	62.29	67.85	77.51	84.64	102.74
EBIT / Interest Expense	-1.19	-1.13	-	0.1	0.2
EBITDA / Interest Expense	-0.45	-0.29	-	0.21	0.32
(EBITDA - Capex) / Interest Expense	-0.65	-0.58	-	0.21	0.32
Total Debt / EBITDA	-27.36	-48.77	78.84	46.41	31.31
Net Debt / EBITDA	-27.33	-48.76	78.83	46.39	31.31
Total Debt / (EBITDA - Capex)	-19.05	-24.61	78.84	48.35	31.31
Net Debt / (EBITDA - Capex)	-19.04	-24.6	78.83	48.33	31.31
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-21.3	24.49	46.58	0.72	-6.18
Gross Profit, 1 Yr. Growth %	-25.98	30.41	46.94	8.39	2.37
EBITDA, 1 Yr. Growth %	-285.55	-39.12	-83.08	71.28	46.89
EBITA, 1 Yr. Growth %	166.66	-11.19	-129.44	770.49	98.26
EBIT, 1 Yr. Growth %	166.66	-11.19	-129.44	770.49	98.26
Earnings From Cont. Operations, 1 Yr. Growth %	72.44	-9.42	-224.67	-1.81K	-13.05
Net Income, 1 Yr. Growth %	72.44	-9.42	69.51	-59.08	119.77
Normalized Net Income, 1 Yr. Growth %	72.44	-9.41	-224.67	-1.81K	-13.05
Diluted EPS Before Extra, 1 Yr. Growth %	72.28	-9.39	-224.5	-1.82K	-13.04
Accounts Receivable, 1 Yr. Growth %	-14.23	-12.42	-65.64	-52.99	25.3
Inventory, 1 Yr. Growth %	22.43	-36.62	-91.76	2.29	-0.96
Net Property, Plant and Equip., 1 Yr. Growth %	-2.7	-2.67	-49.26	-1.09	-1.21
Total Assets, 1 Yr. Growth %	-2.32	-7.62	-22.31	-3.96	-14.21
Tangible Book Value, 1 Yr. Growth %	-18.94	-21.24	-45.69	-34.4	-115.4
Common Equity, 1 Yr. Growth %	-18.98	-21.24	-45.67	-34.38	-115.29
Cash From Operations, 1 Yr. Growth %	-130.91	-195.88	178.77	-55.96	-30.48
Capital Expenditures, 1 Yr. Growth %	-89.57	35.44	-	-	-
Levered Free Cash Flow, 1 Yr. Growth %	-48.5	-81.83	-349.75	-126.27	258.54
Unlevered Free Cash Flow, 1 Yr. Growth %	-81.94	-335.32	-349.75	-149.9	135.46
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-27.49	-1.02	-58.01	21.5	-2.79
Gross Profit, 2 Yr. CAGR %	-40.3	-1.75	-51.25	26.2	5.12
EBITDA, 2 Yr. CAGR %	-59.06	5.61	-46.75	-46.17	58.62
EBITA, 2 Yr. CAGR %	-23.88	53.89	-90.05	60.1	315.43
EBIT, 2 Yr. CAGR %	-23.88	53.89	-90.05	60.1	315.43
Earnings From Cont. Operations, 2 Yr. CAGR %	41.9	24.98	-84.2	362.22	286
Net Income, 2 Yr. CAGR %	41.9	24.98	23.91	-16.71	-5.17
Normalized Net Income, 2 Yr. CAGR %	28.39	24.99	-84.2	362.22	286
Diluted EPS Before Extra, 2 Yr. CAGR %	41.97	24.94	-84.22	362.22	286.31
Accounts Receivable, 2 Yr. CAGR %	-3.12	-13.33	-45.15	-59.81	-23.25
Inventory, 2 Yr. CAGR %	3.54	-11.91	-77.15	-70.97	0.65
Net Property, Plant and Equip., 2 Yr. CAGR %	1.75	-2.68	-29.73	-29.16	-1.15
Total Assets, 2 Yr. CAGR %	0.42	-5.01	-15.29	-13.63	-9.23
Tangible Book Value, 2 Yr. CAGR %	-14.57	-20.1	-34.6	-40.31	-68.21
Common Equity, 2 Yr. CAGR %	-14.6	-20.12	-34.59	-40.29	-68.32
Cash From Operations, 2 Yr. CAGR %	-51.49	-45.56	63.49	10.8	-44.67
Capital Expenditures, 2 Yr. CAGR %	-59.14	-62.41	-	-81.94	-
Levered Free Cash Flow, 2 Yr. CAGR %	2.47	-69.41	81.46	-19	-2.95
Unlevered Free Cash Flow, 2 Yr. CAGR %	-19.54	-34.81	279.93	11.64	8.4
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-15.24	-13.18	-48.23	-43.79	11.47
Gross Profit, 3 Yr. CAGR %	-16.61	-22.54	-43.97	-36.37	17.54
EBITDA, 3 Yr. CAGR %	13.65	-53.47	-19.61	-21.4	-24.77
EBITA, 3 Yr. CAGR %	53.74	-19.87	-70.22	-55.82	71.92
EBIT, 3 Yr. CAGR %	53.74	-19.87	-70.22	-55.82	71.92
Earnings From Cont. Operations, 3 Yr. CAGR %	37.03	22.18	-64.96	-24.66	164.84
Net Income, 3 Yr. CAGR %	37.03	22.18	38.34	-14.35	15.09
Normalized Net Income, 3 Yr. CAGR %	32.44	14.3	-64.96	-24.66	164.84
Diluted EPS Before Extra, 3 Yr. CAGR %	37	22.23	-64.99	-24.68	164.86
Accounts Receivable, 3 Yr. CAGR %	5.17	-6.32	-36.33	-47.9	-41.29
Inventory, 3 Yr. CAGR %	18.59	-12.09	-60.01	-62.34	-56.29
Net Property, Plant and Equip., 3 Yr. CAGR %	2.15	0.25	-21.68	-21.25	-20.86
Total Assets, 3 Yr. CAGR %	3.18	-2.33	-11.17	-11.67	-13.82
Tangible Book Value, 3 Yr. CAGR %	-7.25	-16.85	-29.75	-34.53	-62
Common Equity, 3 Yr. CAGR %	-7.3	-16.87	-29.75	-34.52	-62.08
Cash From Operations, 3 Yr. CAGR %	-10.05	-39.12	-6.16	5.59	-5.14
Capital Expenditures, 3 Yr. CAGR %	-29.97	-39.08	-	-64.65	-
Levered Free Cash Flow, 3 Yr. CAGR %	-15.33	-42.43	19.25	-4.72	33
Unlevered Free Cash Flow, 3 Yr. CAGR %	-41.51	15.06	37.63	93.13	43.17
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-7.05	-3.32	-36	-37.77	-33.39
Gross Profit, 5 Yr. CAGR %	-7.86	-5.61	-32.72	-37.97	-27.93
EBITDA, 5 Yr. CAGR %	2.9	-8.94	-16.29	-39.6	5.5
EBITA, 5 Yr. CAGR %	3.41	40.61	-48.56	-45.08	-14.53
EBIT, 5 Yr. CAGR %	3.41	40.61	-48.56	-45.08	-14.53
Earnings From Cont. Operations, 5 Yr. CAGR %	74.03	50.92	-42.26	-2.95	-8.51
Net Income, 5 Yr. CAGR %	74.03	50.92	31.63	4.82	18.95
Normalized Net Income, 5 Yr. CAGR %	64.96	27.97	-43.43	-6.76	-8.51
Diluted EPS Before Extra, 5 Yr. CAGR %	61.17	45.97	-42.29	-2.94	-8.53
Accounts Receivable, 5 Yr. CAGR %	-7.45	-1.24	-18.94	-33.23	-31.39
Inventory, 5 Yr. CAGR %	22.33	-2.63	-38.62	-43.56	-42.15
Net Property, Plant and Equip., 5 Yr. CAGR %	0.73	0.68	-12.05	-12.75	-14.03
Total Assets, 5 Yr. CAGR %	1.95	0.15	-4.65	-7.02	-10.4
Tangible Book Value, 5 Yr. CAGR %	-4.83	-10.13	-19.35	-27.18	-48.84
Common Equity, 5 Yr. CAGR %	-4.87	-10.16	-19.36	-27.18	-48.91
Cash From Operations, 5 Yr. CAGR %	-24.54	0.13	14.24	-22.64	-24.04
Capital Expenditures, 5 Yr. CAGR %	23.77	9.42	-	-62.54	-
Levered Free Cash Flow, 5 Yr. CAGR %	-16.22	-36.09	14.86	-1.9	9.82
Unlevered Free Cash Flow, 5 Yr. CAGR %	-33.61	-14.88	23.63	36.06	25.09