South India Paper Mills Ltd
SIPA

South India Paper Mills Ltd (SIPAPER)

₹141.63.65%

Key Stats

₹136.05
Day's Price Range
₹143.4
₹80
52-Week Price Range
₹195
1 Month Return-17.08 %
3 Month Return1.34 %
1 Year Return73.29 %

Company Financials

  • Annual
Value in ₹ crore

Peer Comparsion

PE
Rank 17
EPS
Rank 17
BVPS
Rank 19
Dividend Yield
Rank 10
ROE
Rank 12
9.33%
Price To Book Ratio
Rank 16
Debt To Asset
Rank 19

Company Information

South India Paper Mills SIPM incorporated in 1959 produces writing printing and packing paper paper boards from its Nanjangud factory.SIPM went public at a premium of Rs.50 per share in Dec. 1994 to partfinance the expansion of its paper manufacturing capacity from 57 tpd to 69 tpd and to set up a cogeneration facility to produce 2.7 MW of power by processing steam While the expanded capacity went on stream in Mar.95 work on the cogeneration project commenced in Aug.95. The cogeneration of power has considerable reduced the energy cost and improved its costcompetitiveness. The company has under taken an expansion project involving setting up of Turbo Generating set of 8 MW capacity for captive and suplus to grid Electro Static Precipitator System High Presure Boiler of 25 tph capacity and New Paper Machine at an outlay of Rs.41 Crores. The project was completed as per schedule in November2002. The 141 MT per day was also completed in 2002. The above said project was funded by Term loans from Banks/Financial Institutions of Rs.25 crores and balance by Internal Accruals of Rs.16 crores.
OrganisationSouth India Paper Mills Ltd
HeadquartersNanjangud
IndustryPaper