South India Paper Mills Ltd.

BSE: STHINPA516108ISIN INE088G01014

Commodities
Paper & Paper Products

BSE listing

Share price

₹117.75-5.00 (-4.07%)

as of 18 Sep 2026

52W high: ₹136.00
52W low: ₹65.10
Off 52W high: -13.42%
1M return: -2.85%
3M return: +24.79%
6M return: +30.83%
1Y return: +47.19%
20D avg volume: 16,055
50 DMA: ₹111.18
200 DMA: ₹96.82

Key ratios Standalone

Market cap: ₹220.78 Cr
Current price: ₹117.75
52W high / low: ₹136.00 / ₹65.10
Face value: ₹10.00
P/E: 14.98
P/B: 1.02
EPS (TTM): ₹7.86
Book value / share: ₹115.44
ROE: 6.81%
ROCE: 10.60%
Operating margin: 13.11%
Net margin: 4.23%
Debt / equity: 0.70
Net debt: ₹153.77 Cr
Interest cover: 1.71
Dividend yield: —
Dividend / share (TTM): —
Payout: —
Cash conversion cycle: 84.8 days

Financials

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q4 FY24
Income statement
	117.58	113.99	101.37	111.57	106.89	94.14	—
	0.17	0.30	0.07	0.16	0.15	0.15	—
	111.10	108.19	98.27	107.96	105.72	97.22	—
	65.01	64.07	57.77	66.60	64.71	56.97	—
	0.00	0.00	0.00	0.00	0.00	0.00	—
	9.15	9.39	8.07	8.30	8.03	7.73	—
	4.58	5.11	4.90	5.16	5.10	4.94	—
	4.18	4.17	4.17	4.16	4.15	4.17	—
	26.51	25.51	22.30	25.27	25.06	22.86	—
	6.65	6.10	3.17	3.76	1.31	-2.92	—
	0.00	0.00	0.00	0.00	0.00	0.00	—
	6.65	6.10	3.17	3.76	1.31	-2.92	—
	1.68	1.53	0.80	0.95	0.33	-0.66	—
	4.98	4.57	2.37	2.81	0.98	-2.26	—
	2.65	2.44	1.27	1.50	0.52	-1.20	—
Key metrics
	15.41	15.38	12.24	13.08	10.56	6.19	—
	13.10%	13.50%	12.10%	11.70%	9.90%	6.60%	—
	4.20%	4.00%	2.30%	2.50%	0.90%	-2.40%	—
	—	3.40%	—	2.70%	—	0.60%	—
	10.00%	21.10%	—	—	—	—	—
	408.20%	302.20%	—	—	—	—	—

Metric	TTM	FY26	FY25	FY24
Income statement
	444.51	433.81	369.31	—
	0.70	0.68	1.09	—
	425.52	420.14	384.07	—
	253.45	253.15	226.38	—
	0.00	0.00	0.00	—
	34.91	33.79	30.67	—
	19.75	20.27	19.62	—
	16.68	16.65	16.57	—
	99.59	98.14	91.02	—
	19.68	14.35	-13.66	—
	0.00	0.00	0.88	—
	19.68	14.35	-12.78	—
	4.96	3.61	-3.14	—
	14.73	10.74	-9.64	—
	7.86	5.73	-5.14	—
Key metrics
	56.11	51.27	23.41	—
	12.62%	11.80%	6.30%	—
	3.31%	2.50%	-2.60%	—
	—	10.60%	2.10%	—
	—	17.50%	—	—
	—	211.40%	—	—
	—	38.61	37.51	—
	—	3.96	-4.18	—
	—	0.70	0.83	—
	—	153.77	174.83	—
	—	84.8	86.9	—
Balance sheet
	—	448.73	443.09	—
	—	133.33	113.52	—
	—	2.13	0.04	—
	—	76.37	58.47	—
	—	47.49	47.93	—
	—	5.55	5.25	—
	—	304.61	317.35	—
	—	23.15	18.56	—
	—	121.15	120.11	—
	—	155.90	174.87	—
	—	84.27	92.35	—
	—	71.63	82.52	—
	—	222.28	211.18	—
Cash flow
	—	42.55	40.29	—
	—	-1.48	1.58	—
	—	-38.97	-41.23	—
	—	3.94	2.78	—

Compounded growth

Sales CAGR 3Y: —
Sales CAGR 5Y: —
Sales CAGR 10Y: —
Profit CAGR 3Y: —
Profit CAGR 5Y: —
Profit CAGR 10Y: —
Sales YoY (TTM): —
Profit YoY (TTM): —

Compounded from reported annual figures. We publish no share-price CAGR: our prices are as-traded, so one would be wrong across every split and bonus issue.

Shareholding as of 30 Jun 2026

Promoter holding: 27.82%

Holder	Type	Holding	Previous	Change
HARSHAD NATVARLAL MODI	Public	13.55%	—	—
RAJUL HARSHAD MODI	Public	6.67%	—	—
ANIL KUMAR GOEL	Public	5.33%	—	—
FORTUNE PACKAGING LLP	Public	4.63%	—	—
SEEMA GOEL	Public	3.74%	—	—
UPENDRA AMBALAL PATEL	Promoter	3.56%	—	—
NANDINI MODI	Public	2.85%	—	—
MANISH MAHENDRA PATEL	Promoter	2.68%	—	—
SACHIN KIRIT MODI	Public	2.54%	—	—
RIGID CONTAINERS PVT LTD	Public	2.20%	—	—
JITENDRA AMBALAL PATEL	Promoter	2.19%	—	—
SHIELJA DIPAM PATEL	Promoter	2.07%	—	—
APARNA RAMESH PATEL	Promoter	2.07%	—	—
SHISHIR PRAFUL PATEL	Promoter	2.07%	—	—
PRITI RAMESHCHANDRA PATEL	Promoter	2.07%	—	—

Public shareholders are disclosed individually only above 1%.

Filings & corporate actions

Recent announcements

Submission of Scrutiniser report and Voting results of the AGM of the Company under Regulation 44(3) of SEBI (LODR) Regulations19 Sep 2026 · AGM/EGM / AGM
Submission of Proceedings (Revised) of the 67th Annual General Meeting18 Sep 2026 · AGM/EGM / AGM
Submission of Proceedings of the 67th Annual General Meeting of the Company17 Sep 2026 · AGM/EGM / AGM
Intimation regarding receipt of Draft letter of Offer from merchant bankers with respect to open offer.2 Sep 2026 · Company Update / Open Offer - Updates
Indcap Advisors Pvt. Ltd. ("Manager to the Offer") has submitted to BSE a copy of Draft Letter of Offer to the public shareholders of South India Paper Mills Ltd ("Target Company").2 Sep 2026 · Company Update / General
Submission of Newspaper ad regarding AGM and evoting published in Business Standard and Vishwavani published on 25-08-202626 Aug 2026 · Company Update / Newspaper Publication
Submission of newspaper advertisements regarding Detailed Public Statement received from Indcap Advisors Pvt Ltd (Manager to open offer) in connection with open offer made by Nandini Modi ....25 Aug 2026 · Company Update / Newspaper Publication
Filing of Detailed Public statement received by the Company from Acquirer Mrs Nandini Modi and Kirit Modi in connection with open offer, to acquire upto 48,75,000 fully paid up equity shares ....25 Aug 2026 · Company Update / General
Submission of intimation regarding cut off date for evoting for AGM25 Aug 2026 · Corp. Action / Record Date
Submission of SIPM Annual report25 Aug 2026 · Others / Reg. 34 (1) Annual Report
Indcap Advisors Pvt. Ltd. ("Manager to the Offer") has submitted to BSE a copy of Detailed Public Statement in terms of Regulations 3(1) and 4 read with Regulations 13(4), 14(3) and 15(2) ....25 Aug 2026 · Company Update / General
Submission of Notice of the 67th AGM of the Company scheduled to be held on 17th September 2026 at 11-30 am24 Aug 2026 · AGM/EGM / AGM
Submission of SIPM 67th Annual Report FY 2025-2624 Aug 2026 · Others / Reg. 34 (1) Annual Report
Filing of Public announcement received by the Company from Acquirer Mrs Nandini Modi and Mr Kirit Modi in connection with open offer to the shareholders of The South India Paper Mills Limited ....19 Aug 2026 · Company Update / General
Indcap Advisors Pvt. Ltd. ("Manager to the Offer") has submitted to BSE a copy of Public Announcement under Regulations 3(1) and 4 read with Regulations 13, 14 and 15(1) of Securities and ....18 Aug 2026 · Company Update / Open Offer
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Kirit Natwarlal Modi & Others10 Aug 2026 · Insider Trading / SAST / Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
Submission of Newspaper ad for Q1 Results published in Business Standard and Vishwavani on 01-08-20263 Aug 2026 · Company Update / Newspaper Publication
Submission of SIPM Unaudited financial results for the Quarter ended 30th June 202630 Jul 2026 · Result / Financial Results
Submission of Outcome of Board Meeting30 Jul 2026 · Board Meeting / Outcome of Board Meeting
Submission of certificate under Reg 74(5) of SEBI (DP) Regulations 201811 Jul 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
South India Paper Mills Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 30/07/2026 ,inter alia, to consider and approve the unaudited financial ....11 Jul 2026 · Board Meeting / Board Meeting
Intimation regarding closure of trading window for Q1 Results commencing from 1st July 2026 till the expiry of 48 hours after the declaration of unaudited financial results for the quarter ....30 Jun 2026 · Insider Trading / SAST / Closure of Trading Window
Submission of Newspaper ad regarding Audited financial results published in Business Standard and Vishwavani on 30th May 20261 Jun 2026 · Company Update / Newspaper Publication
Submission of Annual Secretarial Compliance report 31st March 202630 May 2026 · Company Update / Reg.24(A)-Annual Secretarial Compliance
Submission of Audited Financial Results for the Quarter / Year ended 31st March 2026 along with Statement of Assets and Liabilities and Cash flow statement28 May 2026 · Result / Financial Results
Submission of outcome of the Board meeting held on 28th May 202628 May 2026 · Board Meeting / Outcome of Board Meeting
The Company will be investing in 1,40,000 equity shares of Clean Wind Power (Manvi) Pvt Ltd. The Company has today entered into Share Subscription cum Shareholder''s Agreement (SSSHA) with ....27 May 2026 · Company Update / Acquisition
South India Paper Mills Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 28/05/2026 ,inter alia, to consider and approve the Audited financial ....18 May 2026 · Board Meeting / Board Meeting
Format of Initial Disclosure to be made by an entity identified as a Large Corporate. <table border=''1px''><tr> <td>Sr. No.</td> <td>Particulars</td> <td>Details</td> ....30 Apr 2026 · Others / Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A
Submission of compliance certificate under Reg 74(5) of SEBI (DP) Regulations for the Qtr ended 31st March 202610 Apr 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
SIPM intimation regarding closure of trading window for the Quarter ended 31st March 202628 Mar 2026 · Insider Trading / SAST / Closure of Trading Window
Submission of newspaper ad pertaining to Q3 results published in Business Standard & Vishwavani on 17-01-202622 Jan 2026 · Company Update / Newspaper Publication
Submission of Unaudited Financial Results for the Quarter / 9 months ended 31st Dec 202515 Jan 2026 · Result / Financial Results
Submission of Unaudited Financial results for the Quarter / 9 months ended 31st Dec 202515 Jan 2026 · Board Meeting / Outcome of Board Meeting
Submission of Compliance certificate under Reg 74(5) of SEBI (DP) Regulations for the Qtr ended 31st December 202512 Jan 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
South India Paper Mills Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 15/01/2026 ,inter alia, to consider and approve the unaudited financial ....5 Jan 2026 · Board Meeting / Board Meeting
Intimation regarding closure of Trading window for Quarter ended 31st December 202530 Dec 2025 · Insider Trading / SAST / Closure of Trading Window
Newspaper Advt regarding Q2 Results FY 2025-26 published in Business Standard and Vishwavani on 25.10.202529 Oct 2025 · Company Update / Newspaper Publication
Submission of Financial Results for the Quarter / Half year ended 30th September 2025 along with Statement of Assets and Liabilities and Cash flow statement and Limited Review Report23 Oct 2025 · Result / Financial Results
Outcome of Board meeting held on 23rd October 202523 Oct 2025 · Board Meeting / Outcome of Board Meeting

Board meetings

30 Jul 2026 Board Meeting - Financial Results