Sree Sakthi Paper Mills revenue decline accelerated to 23.9% in FY2015 vs. 0.85% a year earliner
31-05-2015 • About Sree Sakthi Paper Mills (
$SREESAKHTI) • By InTwits
Sree Sakthi Paper Mills reported FY2015 financial results today. Overall the company's long term financial model is characterised by the following facts: Sree Sakthi Paper Mills is a company in decline: FY2015 revenue growth was -23.9%, 5 years revenue CAGR was -3.1%.
Below you can find a comprehensive analysis of the key data driving the company's performance and stock price.
Sree Sakthi Paper Mills ($SREESAKHTI) key annual financial indicators
| mln. INR | 2011 | 2012 | 2013 | 2014 | 2015 | 2015/2014 |
|---|
P&L
|
|---|
| Revenue | 1,828 | 1,977 | 2,048 | 2,031 | 1,545 | -23.9% |
| EBITDA | 192 | 217 | 189 | | 19 | |
| Net Income | 70 | 66 | 47 | 12 | -118 | -1,106.6% |
Balance Sheet
|
|---|
| Cash | 5 | 15 | 49 | | | |
| Short Term Debt | 225 | 282 | 184 | | | |
| Long Term Debt | 93 | 196 | 190 | | | |
Cash flow
|
|---|
| Capex | 84 | 261 | | | | |
Ratios
|
|---|
| Revenue growth | 1.0% | 8.2% | 3.6% | -0.9% | -23.9% | |
| EBITDA growth | 37.7% | 12.8% | -13.0% | | | |
| EBITDA Margin | 10.5% | 11.0% | 9.2% | 0.0% | 1.2% | 1.2% |
| Net Income Margin | 3.8% | 3.3% | 2.3% | 0.6% | -7.6% | -8.2% |
| CAPEX, % of revenue | 4.6% | 13.2% | | | | 0.0% |
| ROIC | 19.1% | 18.6% | 13.9% | | | 0.0% |
| ROE | 18.5% | 16.1% | 10.9% | | | 0.0% |
| Net Debt/EBITDA | 1.6x | 2.1x | 1.7x | | 0.0x | 0.0x |
Revenue and profitability
Sree Sakthi Paper Mills's Revenue dropped on 23.9% in FY2015.
Net Income marign decreased on 8.2 pp from 0.58% to -7.6% in FY2015.
Appendix 1: Peers in Paper & Paper Products
Below you can find Sree Sakthi Paper Mills benchmarking vs. other companies in Paper & Paper Products industry. It's shown for the period of 5 years for the key financial metrics. Each table has median value for all the companies in the industry together with individual financial data of the top-5 companies in the industry by particular financial metric.
Top companies by Revenue growth, %
| Top 5 | FY2011 | FY2012 | FY2013 | FY2014 | FY2015 |
|---|
| N.R.Agarwal Industries ($NRAGRINDQ) | | 5.5% | 4.0% | 5.5% | 34.1% |
| South India Paper Mills ($STHINPA) | | 2.2% | -1.1% | -14.7% | 29.2% |
| Pudumjee Pulp & Paper Mills ($PDUMJEPULP) | | 2.1% | 8.4% | 4.9% | 26.5% |
| Tcpl Packaging ($TCPLPACK) | | 17.8% | 33.7% | 5.8% | 26.1% |
| Jk Paper ($JKPAPER) | | 7.9% | 9.4% | 18.5% | 24.3% |
| |
|---|
| Median (14 companies) | | 9.5% | 6.6% | 8.4% | 5.0% |
|---|
| Sree Sakthi Paper Mills ($SREESAKHTI) | | 8.2% | 3.6% | -0.9% | -23.9% |
Top companies by EBITDA margin, %
| Top 5 | FY2011 | FY2012 | FY2013 | FY2014 | FY2015 |
|---|
| Tamil Nadu Newsprint & Papers ($TNPL) | 26.2% | 21.0% | 22.2% | 22.5% | 24.0% |
| Tcpl Packaging ($TCPLPACK) | 14.7% | 16.1% | 14.9% | 15.7% | 16.5% |
| South India Paper Mills ($STHINPA) | 14.9% | 13.5% | 16.1% | 10.2% | 15.8% |
| Yash Papers ($YASHPPR) | 15.6% | 15.7% | 16.8% | 16.0% | 15.7% |
| Kuantum Papers ($KUANTUM) | 15.1% | 11.2% | 14.2% | 15.9% | 12.7% |
| |
|---|
| Median (14 companies) | 13.9% | 12.2% | 14.4% | 14.5% | 10.7% |
|---|
| Sree Sakthi Paper Mills ($SREESAKHTI) | 10.5% | 11.0% | 9.2% | | 1.2% |
Top companies by CAPEX/Revenue, %
| Top | FY2011 | FY2012 | FY2013 | FY2014 | FY2015 |
|---|
| Emami Paper Mills ($EMAMIPAP) | 5.0% | 24.4% | 7.3% | 19.2% | 89.3% |
| Tamil Nadu Newsprint & Papers ($TNPL) | 23.6% | 18.9% | 10.4% | 5.5% | 35.2% |
| Tcpl Packaging ($TCPLPACK) | 12.1% | 18.3% | 8.6% | 11.1% | 12.1% |
| Jk Paper ($JKPAPER) | 10.1% | 47.6% | 59.5% | 15.9% | 4.2% |
| |
|---|
| Median (4 companies) | 5.8% | 11.3% | 9.5% | 13.5% | 23.6% |
|---|
Top companies by ROIC, %
| Top 5 | FY2011 | FY2012 | FY2013 | FY2014 | FY2015 |
|---|
| Tcpl Packaging ($TCPLPACK) | 13.3% | 15.4% | 17.4% | 16.9% | 23.1% |
| Tamil Nadu Newsprint & Papers ($TNPL) | 7.6% | 5.3% | 8.2% | 11.1% | 12.7% |
| Jk Paper ($JKPAPER) | 15.4% | 5.2% | 2.7% | 1.1% | 4.3% |
| Emami Paper Mills ($EMAMIPAP) | | 5.8% | 5.9% | 5.4% | 3.0% |
| Arms Paper ($ARMSPAPER) | 1.1% | 2.5% | 4.8% | | |
| |
|---|
| Median (20 companies) | 6.8% | 7.9% | 8.2% | 11.1% | 8.5% |
|---|
| Sree Sakthi Paper Mills ($SREESAKHTI) | 19.1% | 18.6% | 13.9% | | |
Top companies by Net Debt / EBITDA
| Top 5 | FY2011 | FY2012 | FY2013 | FY2014 | FY2015 |
|---|
| Emami Paper Mills ($EMAMIPAP) | 5.9x | 7.4x | 5.3x | 5.0x | 11.2x |
| Jk Paper ($JKPAPER) | 2.0x | 6.8x | 12.7x | 14.1x | 8.6x |
| Tamil Nadu Newsprint & Papers ($TNPL) | 4.7x | 5.4x | 3.6x | 2.8x | 4.0x |
| Tcpl Packaging ($TCPLPACK) | 2.6x | 2.6x | 2.3x | 2.2x | 1.9x |
| Yash Papers ($YASHPPR) | 5.7x | 5.2x | 5.5x | 4.5x | 0.0x |
| |
|---|
| Median (12 companies) | 4.3x | 3.6x | 3.3x | 0.0x | 0.0x |
|---|
| Sree Sakthi Paper Mills ($SREESAKHTI) | 1.6x | 2.1x | 1.7x | | 0.0x |
