Sree Sakthi Paper Mills Ltd


BSE: 532701 | NSE: NA | ISIN: INE266H01014 
Market Cap: [Rs.Cr.] 26 | Face Value: [Rs.] 10
Industry: Paper

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Company Profile

Sree Sakthi Paper Mills Ltd is an India-based company. The company is engaged in the manufacture and trading (including exports) of Kraft paper and duplex board. Their products include Kraft paper from non-conventional raw materials, such as waste paper Kraft cuttings, paper board coated with china clay using unconventional raw materials. The company's Kraft Paper Unit I and II are located at Industrial Development Area, Muppathadom, Edayar, Aluva and their Duplex Board Unit is located at Chalakudy, Kerala, India. Their subsidiaries include Sree Kailas Palchuram Hydro Power Ltd, Sree Adisakthi Mukkuttathode Hydro Power Ltd and Jalashaayi Alamparathode Hydro Power Ltd. Sree Sakthi Paper Mills Ltd was incorporated in the year 1991. The company set up a manufacturing unit with an installed capacity of 6000 tonnes per annum with a capital investment of Rs 315 lakh at Industrial Development Area, Edayar. Subsequently, they increased the capacity to 10000 tonnes per annum to meet the increased demand of Kraft Paper. In the year 1995, the company commissioned the duplex board plant with the installed capacity of 9000 MTPA. In the year 1996, they increase the production at Kraft Unit by 2000 MTPA. They started coating at Duplex Board Unit and installed Zero Discharge System at Duplex Unit. In the year 1998, the company received Pollution Control Board Award for Best Unit at Duplex Unit. In the year 1999, they received Pollution Control Board Award for Best Unit at Kraft Unit. Also, they received ISO certification for their Duplex Unit. In the year 2000, the company was awarded ISO 9002 to Kraft Unit. In the year 2003, the company increased the production at Duplex Unit by 5000 MTPA. In the year 2004, they started production of Double Coated board at Duplex Unit. Also, they increased production at Duplex Unit by 6000 MTPA. In the year 2005, the company increased the production at Kraft Unit by 8400 MTPA. During the year 2006-07, the company increased the production capacity of Paper & Paper Boards by 43400 MT to 85000 MT. During the year 2008-09, the company completed the modernization project at the Duplex Board Unit. They took up three small hydro power projects, namely 3 MW at Mukkuttathode (Kerala), 3 MW at Alamparathode (Kerala) and 5.25 MW at Palchuram (Kerala). During the year 2009-10, the company modernized their Kraft Paper Unit I and their capacity were upgraded to 80 tpd by adding more dryers and installing second wire. Installation of second wire was completed in August 2010. The company has proposed to install Krima Disperser Unit, which is meant for dispersing contaminants like wax, bitumen, ink spots, stickies, etc. in the pulp in the stock preparation process. The equipment has already been ordered and the project is expected to be completed during the financial year 2010-11. The company plans to modernize the Kraft Paper Unit 2, by adding dryers and by installing Third Wire. They decided to install a 25 tone high pressure boiler with 2 MW back pressure turbine.

Peer Comparison

Company Market Cap
(Rs. in Cr.)
P/E (TTM)
(x)
P/BV (TTM)
(x)
EV/EBIDTA
(x)
ROE
(%)
ROCE
(%)
D/E
(x)
Ballarpur Inds. 975.38 32.35 0.61 10.70 2.1 3.3 0.51
Internat. Paper 942.15 0.00 2.06 9.78 0.0 0.0 0.99
T N Newsprint 901.46 6.67 0.87 5.06 9.1 9.2 1.61
Rainbow Papers 733.22 24.06 1.89 14.52 9.8 7.6 1.93
JK Paper 446.75 0.00 0.51 13.08 2.7 3.0 1.65
West Coast Paper 353.70 40.26 0.59 6.35 8.3 7.7 2.01
Seshasayee Paper 230.76 10.56 0.64 5.50 6.1 8.9 0.97
Emami Paper 169.40 6.75 0.73 6.43 5.8 7.7 2.34
Metroglobal 70.22 2.67 0.36 3.55 7.8 6.4 0.52
Pudumjee Pulp 51.66 4.09 0.38 4.44 13.1 9.6 0.77
S I Paper Mills 47.25 8.90 0.48 2.28 14.6 19.1 0.14
Shree Rama News. 45.60 0.00 0.86 96.55 0.0 0.0 3.61
Mysore Paper 45.30 0.00 -0.20 0.00 0.0 0.0 0.00
Kuantum Papers 44.52 2.25 0.58 3.63 18.2 15.8 2.87
N R Agarwal Inds 43.66 54.57 0.40 9.88 4.3 4.8 2.01

Futures & Options Quote

 
Expiry Date
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Instrument: NA
Expiry Date: NA
Strike Price: NA
Open Price: NA
Average Price: NA
No. of Contracts Traded: NA
Open Interest: NA
Underlying: NA
Option Type: NA
Market Lot: NA
Previous Close: NA
Day’s High | Low: NA | NA
Turnover (Cr.): NA
Open Int. Change: NA | NA
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Key Information

Key Executives:

S Sivathanu Pillai , Director  

S Rajkumar , Vice Chairman & M.D.  

S Giridhar , Director  

A S Unni , Chairman  


Company Head Office / Quarters:
57/2993 Sree Kailas,
Paliam Road Ernakulam,
Cochin,
Kerala-682016
Phone : 91-484-3002000/2373230/2371085
Fax : 91-484-2370395
E-mail : secretary@sreekailas.com
Web : http://www.sreekailas.com
Registrars:
Bigshare Services Pvt Ltd
E-2/3 Ansa Indl Est
Saki Vihar Road
Sakinaka Andheri(E)
Mumbai - 400072

Fund Holding

 
Scheme Name No. of Shares
No data found

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