SESHAPAPER
Seshasayee Paper and Boards share price & financials
- Price
- ₹225.76
- Market cap
- ₹1.6k Cr
- Sector
- Forest Materials
What Seshasayee Paper and Boards Limited does
Seshasayee Paper and Boards Limited is engaged in the manufacture of paper and paper boards, with production units at Erode and at Tirunelveli in Tamil Nadu. It is one of India's older paper manufacturers, incorporated in 1960 and now in its 66th year of operation. The company earns by producing and selling paper and paperboard from these two manufacturing units.
- Manufacturing units
- 2 (Erode and Tirunelveli, Tamil Nadu)
Quarterly results
Q1 FY27: revenue up 27.8%, net profit up 100.0% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 398 | 431 | 502 | 385 | 346 −13% | 387 −10% | 592 +18% | 492 +28% |
| EBITDA | 31 | 8 | 25 | 21 | 26 −16% | 25 +213% | 24 −4% | 44 +110% |
| Net profit | 25 | 16 | 26 | 17 | 18 −28% | 16 +0% | 17 −35% | 34 +100% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance −7.1% 1Y
1Y: ₹270.45 on 10 Sept 2025 → ₹251.14. High ₹279.35 (18 Feb 2026), low ₹213.86 (24 Jun 2026).
Financials, as filed
Revenue fell 6.4% a year over 3 years, FY23 to FY26. Operating margin narrowed to 5.6%.
| Year ending | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Revenue | ₹2.1k Cr | ₹1.8k Cr | ₹1.8k Cr | ₹1.7k Cr |
| Operating profit | ₹535 Cr | ₹340 Cr | ₹112 Cr | ₹96 Cr |
| Operating margin | 25.7% | 18.9% | 6.4% | 5.6% |
| Interest | ₹4 Cr | ₹1 Cr | ₹8 Cr | ₹9 Cr |
| Depreciation | ₹46 Cr | ₹44 Cr | ₹44 Cr | ₹45 Cr |
| Net profit | ₹396 Cr | ₹259 Cr | ₹105 Cr | ₹68 Cr |
| Net margin | 19.0% | 14.4% | 6.0% | 4.0% |
| Cash from operations | ₹328 Cr | ₹202 Cr | ₹-61 Cr | ₹92 Cr |
| Free cash flow | ₹297 Cr | ₹166 Cr | ₹-123 Cr | ₹37 Cr |
| ROCE | 37.0% | 20.0% | 7.0% | 5.0% |
How to read this
From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.
Balance sheet
| Year ending | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹12 Cr | ₹12 Cr | ₹12 Cr | ₹12 Cr | ₹12 Cr | ₹12 Cr |
| Reserves | ₹1.1k Cr | ₹1.2k Cr | ₹1.6k Cr | ₹1.8k Cr | ₹2.0k Cr | ₹1.9k Cr |
| Borrowings | ₹8 Cr | ₹4 Cr | ₹0 Cr | ₹21 Cr | ₹77 Cr | ₹0 Cr |
| Other liabilities | ₹367 Cr | ₹400 Cr | ₹443 Cr | ₹459 Cr | ₹394 Cr | ₹460 Cr |
| Total liabilities | ₹1.5k Cr | ₹1.6k Cr | ₹2.0k Cr | ₹2.3k Cr | ₹2.5k Cr | ₹2.4k Cr |
| Fixed assets | ₹734 Cr | ₹815 Cr | ₹796 Cr | ₹776 Cr | ₹773 Cr | ₹745 Cr |
| Capital work in progress | ₹32 Cr | ₹14 Cr | ₹20 Cr | ₹35 Cr | ₹73 Cr | ₹93 Cr |
| Investments | ₹126 Cr | ₹143 Cr | ₹152 Cr | ₹189 Cr | ₹313 Cr | ₹228 Cr |
| Other assets | ₹584 Cr | ₹638 Cr | ₹1.1k Cr | ₹1.3k Cr | ₹1.3k Cr | ₹1.3k Cr |
| Total assets | ₹1.5k Cr | ₹1.6k Cr | ₹2.0k Cr | ₹2.3k Cr | ₹2.5k Cr | ₹2.4k Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Jun 2026
Since Jun 2025, FIIs trimmed −0.43 pp while promoters added +0.37 pp. The shareholder count grew 2% to 22,671.
- Promoters
- 43.3%
- FIIs
- 12.6%
- DIIs
- 0.1%
- Government
- 14.3%
- Public
- 29.8%
Since Jun 2025
- FIIs −0.43 pp
- Promoters +0.37 pp
- Public +0.06 pp
How it drifted, 12 quarters
Ownership split by quarter, oldest first. Sep '23: Promoters 42.8%, FIIs 12.9%, DIIs 0.0%, Government 14.3%, Public 30.1%.Dec '23: Promoters 42.8%, FIIs 13.0%, DIIs 0.0%, Government 14.3%, Public 30.0%.Mar '24: Promoters 42.8%, FIIs 13.0%, DIIs 0.0%, Government 14.3%, Public 30.0%.Jun '24: Promoters 42.8%, FIIs 13.0%, DIIs 0.1%, Government 14.3%, Public 29.9%.Sep '24: Promoters 42.8%, FIIs 13.1%, DIIs 0.1%, Government 14.3%, Public 29.8%.Dec '24: Promoters 42.8%, FIIs 13.1%, DIIs 0.1%, Government 14.3%, Public 29.8%.Mar '25: Promoters 42.9%, FIIs 13.1%, DIIs 0.1%, Government 14.3%, Public 29.7%.Jun '25: Promoters 42.9%, FIIs 13.0%, DIIs 0.1%, Government 14.3%, Public 29.7%.Sep '25: Promoters 42.9%, FIIs 13.0%, DIIs 0.1%, Government 14.3%, Public 29.7%.Dec '25: Promoters 43.0%, FIIs 13.0%, DIIs 0.1%, Government 14.3%, Public 29.6%.Mar '26: Promoters 43.1%, FIIs 12.9%, DIIs 0.1%, Government 14.3%, Public 29.6%.Jun '26: Promoters 43.3%, FIIs 12.6%, DIIs 0.1%, Government 14.3%, Public 29.8%.
Who bought this quarter
since Mar 2026
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- Dhanashree Investments Private Limited +0.12 pp 4.94% held
The same filing shows 0 holders trimming and 0 off the list — both are in the register beside this.
Who is on the register
Named in the Jun 2026 filing
Every holder of Seshasayee Paper and Boards Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| The Tamil Nadu Industrial Investment Corpn Ltd | 14.27% | unchanged |
| Ponni Sugars (Erode) Limited | 14.02% | unchanged |
| Synergy Investments Pte Ltd | 12.27% | unchanged |
| Time Square Investments Private Limited | 10.22% | unchanged |
| Atyant Capital India Fund I FPI fund | 5.36% | unchanged |
| Dhanashree Investments Private Limited | 4.94% | +0.12 pp |
| SPB Equity Share Trust - AYYALU LAKSHMINARASIMHA SOMAYAJI | 4.50% | unchanged |
| Gothic Corporation Endowment | 1.81% | unchanged |
| Vanderbilt University - Atyant Capital Management Limited Endowment | 1.80% | unchanged |
| Pushpa Devi Saraogi | 1.78% | unchanged |
| Usha Devi Saraogi | 1.78% | unchanged |
| Investor Education And Protection Fund Authority Ministry Of Corporate Affairs | 1.67% | unchanged |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
Learn to analyse Seshasayee Paper and Boards Limited
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