The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
Star Paper Mills Limited is an India-based company, which is engaged in the business of manufacturing and supplying paper and paper board. The Company has three main product lines, namely cultural papers, industrial papers, and other grades. The cultural papers product line…
Weekly engine runs — movement reflects the numbers, not analyst opinion.
A decent, stagnant business, priced for perfection — but flagged on governance.
Star Paper Mills is scored on the commodity / cyclical framework. It keeps a slim 7.5% of every rupee of sales as net profit. Cash broadly tracks reported profit (CFO/PAT 0.89×). Free cash flow is worth about -3.0% of its market value.
Over the last 3 years revenue compounded at -6%/yr and profit at -21%/yr. Book value has grown 6%/yr. Return on equity is a modest 9.6%.
At 7× earnings, the stock sits at the 92nd percentile of its own 3.6-year range — the expensive end of where it has historically traded. Today's price asks for only ~-23%/yr growth over a decade — undemanding expectations. The forensic screen raises a red flag: 69% of pre-tax profit is other income, not operations.
A plain-English restatement of the figures on this page — rules-based, for education and research context, not investment advice or a recommendation.
| Ratio | Company | Sector | Read |
|---|---|---|---|
| P/E | 2.45 | — | — |
| P/B | 0.22 | 0.65 | better |
| EV/EBITDA | 1.19 | 6.78 | better |
| ROE | 9.56 | 8.74 | better |
| ROCE | 13.66 | — | — |
| ROA | 10.4 | — | — |
| Quick Ratio | 5.47 | 3.27 | better |
| Peer | P/E | P/B | ROE |
|---|---|---|---|
| JK Paper | 18.9 | 1.2 | 6.1% |
| West Coast Paper Mills | 20.6 | 1.4 | 4.2% |
| Seshasayee Paper & Boards | 11.4 | 0.6 | 5.6% |
Revenue declined 6% in the latest year — a break from prior trajectory. Negative CAGR — the top line has shrunk over this window.
Revenue is outpacing profit (-6% vs -21%) — costs are rising faster than the top line.
Operating margin has compressed from 16% to 8% — costs or competition are eating into profitability. Interest or tax burden is shrinking — more of the operating profit is reaching the bottom line.
ROE at 5% — modest; the capital isn't working hard. Capital efficiency declining — ROE down 6pp.
EPS dropped in the latest year despite possible profit changes — dilution or a profit dip could be at play. -21% EPS CAGR — this is the rate at which each share's claim on earnings is compounding.
Operating cash flow has been positive every year — the business generates real cash, not just accounting profit. Financing outflows in consecutive years — balance-sheet discipline through debt repayment or dividends.
When operating cash keeps pace with reported profit, earnings are cash-backed; a persistent shortfall is a quality flag.
Revenue rose 10% sequentially — momentum is building.
1 of 4 quarters loss-making — quarterly profitability is uneven. Profit jumped 953% QoQ — check if this is operating leverage or a one-off item. Quarterly margins are compressing (12% → 9%) — more revenue isn't translating to proportionally more profit.
How today's P/E compares to the stock's own historical range. Dashed line = the 3.6y median.
Promoters at 44.9% — dispersed ownership; institutional flows drive the stock.
Produced by a rules-based engine over licensed exchange fundamentals — every sentence above is derived from the numbers shown, no analyst or AI opinion involved. Education and research context, not investment advice. We are not SEBI-registered as an Investment Adviser or Research Analyst.