Shree Rama Newsprint Ltd. (IN:RAMANEWS)
:RAMANEWS
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Shree Rama Newsprint Ltd.
(RAMANEWS)
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Rating:49Neutral
Price Target:
₹30.00
▼(-5.66% Downside)
Action:ReiteratedDate:03/13/26
The score is held back primarily by weak financial quality—large net losses, negative equity, and limited deleveraging capacity despite improved margins—partly offset by strong technical momentum with the stock trading above key moving averages and a positive MACD. Valuation remains unattractive/unclear due to negative earnings and no stated dividend yield.
Positive Factors
Improving operating margins
Meaningful improvement in gross (≈39%) and EBITDA (≈26%) margins point to stronger core manufacturing economics and better input-cost pass-through or mix. Over 2–6 months, sustained higher operating margins provide a structural cushion to absorb volatility and support operating cash generation if non-operating costs are managed.
Negative Factors
Negative shareholders' equity / high leverage
Negative equity and ~3.6B of debt indicate pronounced balance-sheet stress that materially constrains financial flexibility. Over the medium term this reduces access to capital markets, increases refinancing and covenant risk, and may force restructuring, asset sales or dilutive capital raises to restore solvency.
Read all positive and negative factors
Positive Factors
Negative Factors
Improving operating margins
Meaningful improvement in gross (≈39%) and EBITDA (≈26%) margins point to stronger core manufacturing economics and better input-cost pass-through or mix. Over 2–6 months, sustained higher operating margins provide a structural cushion to absorb volatility and support operating cash generation if non-operating costs are managed.
Read all positive factors
Shree Rama Newsprint Ltd. (RAMANEWS) vs. iShares MSCI India ETF (INDA)
Market Cap
₹4.49B
Dividend YieldN/A
Average Volume (3M)8.59K
Price to Earnings (P/E)―
Beta (1Y)0.34
Revenue GrowthN/A
EPS GrowthN/A
CountryIN
Employees51
SectorBasic Materials
Sector Strength58
IndustryPaper, Lumber & Forest Products
Share Statistics
EPS (TTM)-0.69
Shares Outstanding147,522,030
10 Day Avg. Volume16,670
30 Day Avg. Volume8,592
Financial Highlights & Ratios
PEG Ratio-0.04
Price to Book (P/B)-34.93
Price to Sales (P/S)11.16
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Shree Rama Newsprint Ltd. Business Overview & Revenue Model
Company Description
Shree Rama Newsprint Limited manufactures and sells newsprint, and writing and printing papers in India. The company also offers photocopier and kraft paper; and packaged drinking water. It also exports its products. The company was formerly known...
How the Company Makes Money
RAMANEWS primarily makes money by manufacturing and selling finished paper products—most notably newsprint—to customers such as newspaper publishers, printers, and paper distributors. Revenue is generated from (1) domestic sales of newsprint and o...
Shree Rama Newsprint Ltd. Financial Statement Overview
Summary
Income Statement
24
Negative
Balance Sheet
14
Very Negative
Cash Flow
31
Negative
| Breakdown | TTM | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 397.61M | 441.32M | 470.37M | 467.01M | 318.61M | 2.62B |
| Gross Profit | 178.30M | 173.92M | 96.36M | 64.54M | 40.33M | 786.44M |
| EBITDA | 108.70M | 116.83M | 78.58M | 60.88M | 269.70M | -137.42M |
| Net Income | -1.06B | -1.06B | -483.62M | -1.18B | -697.21M | -769.72M |
Balance Sheet | ||||||
| Total Assets | 5.03B | 5.15B | 6.00B | 6.25B | 8.04B | 8.71B |
| Cash, Cash Equivalents and Short-Term Investments | 3.29M | 1.62M | 1.48M | 614.00K | 846.00K | 3.98M |
| Total Debt | 3.76B | 3.61B | 3.64B | 3.61B | 4.80B | 4.47B |
| Total Liabilities | 5.38B | 5.29B | 5.08B | 4.84B | 5.46B | 5.42B |
| Stockholders Equity | -345.83M | -140.98M | 921.80M | 1.40B | 2.59B | 3.28B |
Cash Flow | ||||||
| Free Cash Flow | -92.11M | 0.00 | 128.78M | 299.57M | 10.91M | -183.36M |
| Operating Cash Flow | -92.11M | 75.17M | 131.93M | 299.57M | 107.46M | -112.08M |
| Investing Cash Flow | 143.61M | 37.82M | 62.91M | 20.38M | -96.06M | -66.30M |
| Financing Cash Flow | -49.86M | -113.97M | -193.97M | -320.18M | -14.54M | 176.34M |
Shree Rama Newsprint Ltd. Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
74 Outperform | ₹3.29B | 44.75 | ― | 4.14% | 2.56% | 36.81% | |
74 Outperform | ₹2.11B | 7.89 | ― | 2.15% | -5.21% | -32.96% | |
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
50 Neutral | ₹190.19M | -1.40 | ― | ― | -98.56% | -96.41% | |
49 Neutral | ₹4.49B | -11.89 | ― | ― | ― | ― | |
43 Neutral | ₹3.02B | -4.16 | ― | 5.02% | -19.25% | -220.20% | |
40 Underperform | ₹567.22M | -2.96 | ― | ― | 18.31% | -251.78% |
* Basic Materials Sector Average
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Shree Rama Newsprint Ltd. Corporate Events
Shree Rama Newsprint Announces Completion of Independent Director’s Final Term
Feb 8, 2026
Shree Rama Newsprint Ltd. has announced that independent director Kanhaiyalal Chandak has completed his second and final term on the board and ceased to be a director as of the close of business on 8 February 2026. The board and management have fo...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.