South India Paper Mills Ltd (SIPAPER) — shareholding pattern, promoter holding, financials and share price
About South India Paper Mills Ltd (SIPAPER)
South India Paper Mills Ltd operates in the Paper & Paper Products industry, within the Forest Materials sector. It trades on the NSE as SIPAPER and on the BSE under scrip code 516108. Its ISIN is INE088G01014.
Incorporated in 1959, The South India Paper Mills Ltd manufactures Paper, Paperboards, Cartons and Power Generation [1]
South India Paper Mills Limited (SIPM) manufactures paper, paperboards, cartons, and generates power. Its operations are based in Karnataka, India.
SIPM's annual production capacity recently increased to 350 metric tons per day, demonstrating a significant enhancement in manufacturing capabilities.
Listed peers in Paper & Paper Products: Star Paper Mills Ltd, Exim Routes Ltd, Nikita Greentech Recycling Ltd, Shreyans Industries Ltd, Magnum Ventures Ltd, Shree Krishna Paper Mills & Industries Ltd.
Valuation & Returns
10 Jul 2026At ₹105 a share on 10 Jul 2026, South India Paper Mills Ltd (SIPAPER) was valued at a price-to-earnings ratio of 18.35x against an industry P/E of 17.71x and a price-to-book of 0.93x on a book value of ₹112.63 per share as of Mar 2025. Solomo computes return on equity of 5.08% and return on capital employed of 8.97% from filed results. Earnings ratios use standalone results for the twelve months Jun 2025 to Mar 2026.
- P/E
- 18.35x
- Industry P/E
- 17.71x
- P/B
- 0.93x
- EPS (TTM)
- ₹5.72
- Book value / share
- ₹112.63
- ROE
- 5.08%
- ROCE
- 8.97%
- ROA
- 2.42%
- Debt / equity
- 0.83x
- Dividend yield
- 0%
- EBITDA margin
- 11.82%
- 52-week range
- ₹65.1 – ₹114.95
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2026In the year ended Mar 2026, South India Paper Mills Ltd (SIPAPER) reported revenue of ₹434 crore, net profit of ₹11 crore and earnings per share of ₹5.73. That compares with revenue of ₹367 crore and net profit of ₹-10 crore in Mar 2025. Figures are standalone, as filed with the exchanges.
In the quarter ended Mar 2026, revenue was ₹113.99 crore and net profit ₹4.57 crore (standalone).
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 304 | 287 | 311 | 367 | 434 |
| Net profit (₹ cr) | 22 | -17 | -13 | -10 | 11 |
| EPS (₹) | 14.44 | -8.89 | -7.16 | -5.14 | 5.73 |
| Measure | 10Y | 5Y | 3Y | 1Y |
|---|---|---|---|---|
| Sales growth | 5.97% | 11.16% | 6.54% | 18.25% |
| Profit growth | - | - | - | 28.22% |
Ownership Summary
Jun 2026As of Jun 2026, promoters hold 26.91% of South India Paper Mills Ltd (SIPAPER) (down 0.9 pp QoQ), foreign institutional investors (FII) hold 0% and domestic institutional investors (DII) hold 0.07%. Market capitalisation was ₹197 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Mar 2001.
Largest disclosed public shareholders in Jun 2026: HARSHAD NATVARLAL MODI 13.55%, RAJUL HARSHAD MODI 6.67%, ANIL KUMAR GOEL 5.33%, FORTUNE PACKAGING LLP 4.63%, SEEMA GOEL 3.74%, NANDINI MODI 2.85%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Jun 2026 | 26.91% | - | 0% | 0.07% | 73.09% |
| Mar 2026 | 27.81% | - | - | 0.07% | 72.19% |
| Dec 2025 | 27.91% | - | - | 0.07% | 72.09% |
| Sep 2025 | 30.85% | - | - | 0.08% | 69.15% |
| Jun 2025 | 31.28% | - | - | 0.07% | 68.72% |
| Mar 2025 | 32.63% | - | - | 0.07% | 67.37% |
| Dec 2024 | 33.06% | - | - | 0.07% | 66.94% |
| Sep 2024 | 33.11% | - | - | 0.07% | 66.89% |