Speciality Papers (Delisted) share price

BSE: 502465Paper, Forest & Jute Products

Speciality Papers Ltd. · Face value ₹10

Last traded ₹0.38 on 4 Sep 2017

Delisted on 20 Jun 2023.

Last announcements

The company's own last announcements before its shares stopped trading, routine notices left out.

  1. Apr 2023

  2. Oct 2022

    • 21 Oct · Statement Of Investor Complaints For The Quarter Ended September 2022

      No.of Investor complaints pending at the beginning of the quarter No.of Investor complaints received during the quarter No.of Investor complaints disposed of during the quarter No.of Investor complaints unresolved at the end of the quarter 0 0 0 0
  3. Sep 2022

  4. Aug 2022

Share price history

Daily closes since Apr 2008, adjusted for splits and bonuses. Earlier closes are left out: on 15 Apr 2008 the price changed in a way no corporate action on record explains.

Daily close, ₹ per share

Q1 results, quarter to Jun 2022

Standalone: the listed company alone, without its subsidiaries. ₹ crore.

Revenue
₹0.00 Cr
Operating profit
−₹0.01 Cr
Net profit
−₹0.01 Cr
Earnings per share
₹0.00

From revenue to net profit, ₹ crore

  1. Revenue0.0
  2. Employee costs0.0
  3. Other expenses0.0
  4. Operating profit0.0
  5. Depreciation0.0
  6. Other income0.0
  7. Finance costs0.0
  8. Profit before tax0.0
  9. Tax0.0
  10. Net profit0.0

Speciality Papers results by quarter

Standalone: the listed company alone, without its subsidiaries. Latest quarter to Jun 2022. Results for the quarter to Sep 2022 were due by 14 Nov 2022, 45 days after it ends. Every company's dates are on the results calendar.

Revenue and net profit by quarter, ₹ crore

  • Revenue
  • Net profit
  • Loss
6.00.0Sep 192.7−47Dec 193.10.4Mar 2000.0Jun 200.00.0Sep 20Dec 20Mar 21Jun 21Sep 21Dec 21Mar 2200.0Jun 22
Peak revenue ₹5.99 Cr, quarter to Sep 2019; lowest ₹0.00 Cr, quarter to Jun 2020A loss in 5 of the 6 quarters with results on record

Operating and net margin by quarter, per cent

  • Operating margin
  • Net margin
14.0%−1,739.8%−0.8%−1,739.8%−49.3%−797.3%−0.8%−1,739.8%14.0%−827.0%Sep 19Mar 20Sep 20Mar 21Sep 21Mar 22Jun 22
₹ croreSep 2017Dec 2017Mar 2018Jun 2018Q1Sep 2018Dec 2018Q3Mar 2019Jun 2019Q1Sep 2019Dec 2019Q3Mar 2020Jun 2020Q1Sep 2020Dec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Q1
Revenue from operations0.00.10.90.24.56.53.72.46.02.73.10.00.0––––––0.0
––10.40.34.66.76.22.66.049.34.60.00.0––––––0.0
Materials and goods bought––0.90.24.66.53.82.56.02.74.50.00.0––––––0.0
Employee costs––0.00.00.00.00.00.00.00.00.00.00.0––––––0.0
Other expenses––9.50.10.00.12.40.10.046.60.10.00.0––––––0.0
Operating profit before depreciation––−9.5−0.1−0.1−0.1−2.5−0.10.0−46.6−1.50.00.0––––––0.0
Operating margin––−1,113.1%−23.5%−2.7%−2.1%−67.9%−6.2%−0.8%−1,739.8%−49.3%–−797.3%–––––––
Depreciation and amortisation0.00.00.00.00.00.00.00.00.00.00.00.00.0––––––0.0
Other income––2.90.00.00.02.40.00.00.00.10.00.0––––––0.0
Finance costs––0.00.00.00.00.00.00.00.00.00.00.0––––––0.0
One-off items––0.00.00.00.00.00.00.00.00.00.00.0––––––0.0
Profit before tax−0.10.0−6.6−0.1−0.1−0.2−0.1−0.10.0−46.6−1.40.00.0––––––0.0
Tax––−7.10.0−2.50.0−1.00.00.00.0−1.80.00.0––––––0.0
Net profit−0.10.00.5−0.12.4−0.20.9−0.10.0−46.60.40.00.0––––––0.0
Other comprehensive income––0.00.01.70.03.20.00.00.0−10.20.00.0––––––0.0
Total comprehensive income––0.5−0.14.1−0.24.1−0.10.0−46.6−9.80.00.0––––––0.0
Net margin−2,466.7%55.3%56.1%−30.7%53.0%−2.7%23.7%−6.2%−0.8%−1,739.8%14.0%–−827.0%–––––––
Earnings per share––₹0.03–₹0.15––−₹0.02₹0.00−₹2.99–₹0.00₹0.00––––––₹0.00
Earnings per share in rupees, restated for later splits and bonuses. No results on record for the quarters to Dec 2020, Mar 2021, Jun 2021, Sep 2021, Dec 2021 and Mar 2022.

10 years at a glance

Standalone: the listed company alone, without its subsidiaries. ₹ crore, years to March.

Revenue, net profit and borrowings, ₹ crore

  • Revenue
  • Net profit
  • Borrowings
  • Loss
84−20Mar 1137−0.4Mar 12Mar 13Mar 14Mar 150.2−0.7Mar 160.0−18Mar 170.90.40.4Mar 18153.10Mar 1914−460.4Mar 20
Peak revenue ₹84 Cr, year to Mar 2011; lowest ₹0.05 Cr, year to Mar 2017A loss in the year to Mar 2020, −₹46 Cr

Operating and net margin, per cent

  • Operating margin
  • Net margin
42.4%−40,884.4%−20.6%−1,007.4%−18.9%−341.6%−23.6%−1.2%−429.7%−40,884.4%42.4%20.9%−327.8%Mar 11Mar 13Mar 15Mar 17Mar 19Mar 20

Results for the year to Mar 2020

Standalone: the listed company alone, without its subsidiaries. ₹ crore.

From revenue to net profit

  1. Revenue14
  2. Materials and goods−16
  3. Employee costs−0.1
  4. Other expenses−47
  5. Operating profit−48
  6. Depreciation0.0
  7. Other income+0.1
  8. One-off items0.0
  9. Finance costs0.0
  10. Profit before tax−48
  11. Tax+1.8
  12. Net profit−46

What the company owns

  • Plant, investments and other assets₹37 Cr
  • Receivables₹10 Cr
  • Inventory₹2 Cr
  • Cash and bank₹0 Cr

What pays for it: net worth and liabilities

  • Net worth₹42 Cr
  • Owed to suppliers₹4 Cr
  • Other liabilities₹2 Cr
  • Borrowings₹0 Cr

Profit and loss

Standalone, ₹ crore, years to March. No results on record for the years to Mar 2013, Mar 2014 and Mar 2015.

₹ croreMar 2011Mar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020
Revenue from operations8437–––0011514
102––––––101863
Materials and goods bought18––––0911516
Employee costs–––––––000
Other expenses–––––––10347
Operating profit before depreciation−17––––––−10−3−48
Operating margin−20.6%––––––−1,007.4%−18.9%−341.6%
Materials, % of revenue–––––––99.1%101.0%110.5%
Employee costs, % of revenue–––––––0.1%0.4%0.5%
Other expenses, % of revenue–––––––1,008.1%17.5%330.6%
Depreciation and amortisation20–––10000
Operating profit after depreciation−19––––––−10−3−48
Other income0–––––0320
Finance costs1––––––000
One-off items–––––––000
Profit before tax−200–––−1−19−70−48
––––––0−7−4−2
Net profit−200–––−1−1803−46
Other comprehensive income–––––––02−10
Total comprehensive income–––––––05−57
Net margin−23.6%−1.2%–––−429.7%−40,884.4%42.4%20.9%−327.8%
Materials, employee costs and other expenses are shown for the years they add up to operating expenses; for the year to Mar 2011 they do not, so they are left blank. Operating expenses, operating profit before depreciation and operating profit after depreciation are left blank for the years to Mar 2012, Mar 2016 and Mar 2017: the statement does not state its finance costs, which operating profit is worked out from, so operating profit is not given.

Balance sheet

Standalone, ₹ crore, at 31 March.

₹ croreMar 2018Mar 2019Mar 2020
979842
Share capital156156156
Reserves−59−58−114
Borrowings000
1027
Liabilities due after a year000
Total assets10710148
999237
8912
Net debt0−30
Borrowings are counted again inside the liabilities due within a year and after a year. No balance sheet is on record for the years to Mar 2011, Mar 2012, Mar 2016 and Mar 2017, so its lines and the ratios worked from it are blank there.

Per share

Standalone, ₹ per share, years to March.

₹ per shareMar 2016Mar 2017Mar 2018Mar 2019Mar 2020
Earnings per share–−₹1.18₹0.03₹0.10−₹3.62
Diluted earnings per share–−₹1.18₹0.03₹0.10−₹3.62
Market cap at the year end (₹ crore)8.90––––

Ratios

Standalone, years to March.

RatioMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020
Revenue growth−55.5%––––−72.7%2,005.6%1,453.7%−3.8%
Net profit growth–––––––668.0%–
Earnings per share growth–––––––233.3%–
––––––0.4%3.2%−66.3%
–––––––2.7 pts−69.5 pts
From the net margin–––––––−0.2 pts−52.6 pts
From asset turnover–––––––3.1 pts−16.9 pts
From borrowing–––––––−0.1 pts0.0 pts
Return on capital employed––––––−9.9%−2.9%−114.8%
Debt to equity––––––0.000.000.01
Receivable days––––––5014256
Inventory days––––––1,87314436
Payable days––––––22714103
Cash conversion cycle, days––––––2,146135189
Working capital days––––––−83197134
Asset turnover––––––0.010.140.19
Assets per rupee of net worth––––––1.111.071.07
Sales per rupee of plant––––––0.18766.79970.12
Plant being built, % of plant in use–––––––0.0%0.0%
Interest cover is left blank for the year to Mar 2011: operating profit after depreciation is a loss, and a loss covers no interest bill. No balance sheet is on record for the years to Mar 2011, Mar 2012, Mar 2016 and Mar 2017, so its lines and the ratios worked from it are blank there.

Growth and returns over 3, 5 and 10 years

Standalone: the listed company alone, without its subsidiaries. Each window ends with the year to Mar 2020.

Return on assets, latest year
−62.2%
Measure5 years3 years
Revenue growth, yearly rate–580.2%
Return on equity, average–−20.9%
Return on capital employed, average–−42.5%
Operating margin, average–−455.9%
Net margin, average−8,315.7%−88.2%
Asset turnover, average–0.11
Cash conversion cycle, days, average–823
Debt to equity, average–0.00

Accounting checks

Standalone, years to March. Published tests of whether reported profit is backed by cash and the balance sheet.

CheckMar 2019Mar 2020
Receivables growth less revenue growthOur threshold 0 percentage points−1,539.835,408.94
Inventory growth less cost-of-goods growthOur threshold 0 percentage points−1,460.70−79.19
Other current assets growth less revenue growthOur threshold 5 per cent of revenue1.07−2.30
A threshold marked as ours has no published figure; it is the line we read the check against.

Business segments

In the year to Mar 2020 the company reports one business segment which carries all its revenue.

Speciality Papers share price by year

Each calendar year to 2017.

YearClose at year endChangeHighest closeLowest close
20170.38−35.6%0.940.38
20160.59−37.9%1.190.33
20150.95−53.7%2.030.56
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. The 2017 close is its last trade, on 4 Sep 2017.

Recent sessions

The 10 trading days to 4 Sep 2017, as traded on BSE.

DateOpenHighLowCloseAverage priceVolume
4 Sep 20170.380.380.380.380.385,000
7 Aug 20170.380.410.350.400.381,25,115
4 Aug 20170.400.400.380.380.3937,467
3 Aug 20170.390.390.370.390.3849,835
2 Aug 20170.390.390.380.380.3825,18,860
1 Aug 20170.390.390.380.380.385,59,612
31 Jul 20170.390.400.380.390.3964,150
28 Jul 20170.380.390.370.390.3893,000
27 Jul 20170.390.390.380.380.391,24,056
26 Jul 20170.380.380.380.380.3832,420
Prices in ₹ per share as traded, not adjusted.

Price adjustments

What the price chart is corrected for, so it reads as one share held throughout.

Ex-dateEventPrice factorWhat happened
1 Dec 2009Price move–Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for.
15 Apr 2008Price move–Between two trading sessions the price fell 47% or more, or rose 90% or more. No corporate action is on record. Earlier prices are not shown.
Where an event has no factor that can be worked out, the chart leaves out the closes before it. Any other event is noted and not adjusted for.

Company details

BSE code
502465
ISIN
INE260F01011
Industry
Paper, Forest & Jute Products
CIN
L21012GJ1961PLC001073
Corporate identity number, the registrar of companies' code for it
Incorporated
1961
Registered office
105, 1st Floor, Shree Jalaram Complex Co. Op. Soc., Near DCB Bank, Silvassa Road, Vapi 396191, Gujarat
Share registrar
Bigshare Services Pvt. Ltd
Keeps the register of shareholders and handles transfers and dividend payments