Company Valuation: Shree Rama Newsprint Limited

Data adjusted to current consolidation scope
Fiscal Period: March 2020 2021 2022 2023 2024 2025
Market Cap 1 1,697 2,456 2,515 1,645 2,161 4,840
Change - 44.78% 2.4% -34.6% 31.39% 123.96%
Enterprise Value (EV) 1 5,622 6,926 7,310 5,254 5,799 8,447
Change - 23.21% 5.53% -28.12% 10.38% 45.65%
P/E -3.8x -3.19x -3.6x -1.39x -4.47x -4.55x
PBR 0.42x 0.75x 0.97x 1.17x 2.34x -34.3x
PEG - -0x 0.38x -0x 0.1x -0x
Capitalization / Revenue 0.5x 0.93x 0.76x 3.52x 4.59x 11x
EV / Revenue 1.67x 2.62x 2.22x 11.3x 12.3x 19.1x
EV / EBITDA 65.3x -42.3x -74.3x 115x 73.9x 73.3x
EV / EBIT -34.8x -16.1x -19.1x 1,232x 156x 115x
EV / FCF -9.84x -23.5x -137x -5.42x 22.8x 9.26x
FCF Yield -10.2% -4.25% -0.73% -18.4% 4.39% 10.8%
Dividend per Share 2 - - - - - -
Rate of return - - - - - -
EPS 2 -3.03 -5.22 -4.73 -8.012 -3.278 -7.205
Distribution rate - - - - - -
Net sales 1 3,365 2,649 3,297 467 470.4 441.3
EBITDA 1 86.09 -163.6 -98.32 45.79 78.43 115.2
EBIT 1 -161.5 -430.5 -382.4 4.266 37.14 73.62
Net income 1 -446.4 -769.7 -697.2 -1,182 -483.6 -1,063
Net Debt 1 3,925 4,470 4,794 3,609 3,638 3,607
Reference price 2 11.50 16.65 17.05 11.15 14.65 32.81
Nbr of stocks (in thousands) 147,522 147,522 147,522 147,522 147,522 147,522
Announcement Date 9/1/20 8/24/21 8/29/22 9/2/23 9/2/24 9/2/25
1INR in Million2INR
Estimates

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
21.85x6.19x14.05x3.14% 56.81B
157x - - - 826M
19.38x2.67x9.77x1.02% 500M
Average 66.08x 4.43x 11.91x 2.08% 19.38B
Weighted average by Cap. 23.75x 6.16x 14.02x 3.12%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

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