AnnouncementSep 2026
Sep 2026 · Announcement under Regulation 30 (LODR)-Change in Management 4 Sep - Shareholders approved Sri R.J. Ramesh’s appointment as Nominee Director on September 4, 2026.
Source: Bse
Seshasayee Paper and Boards Limited (SESHAPAPER)
Small CapIndustrials stocks · Small cap · NSE
Seshasayee Paper and Boards Limited operates in Paper, within the Industrials sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers.
Data qualityFresh enough for analysisQuote updated 19 Oct, 03:31 pm ISTDetails
Quote19 Oct, 03:31 pm IST
Base fundamentals06 Oct 2026 · screener
Latest result25 Jul, 07:32 pm IST
Score20 Oct, 04:30 am IST · v4.3-runtime-valuation
Tags02 May 2026
Coverage14/14 · 100%
Valuation2026-07-20 · Rf 6.8% · Industrials P/E 26.2 (n=537)
Technical timing lens
Trend score and candlestick chart
36Bearishfull bear SMA stack · SMA20 -1.9% / mo · RSI oversold · MACD − · near 52W low
Stock trend: 26
Sector RS: 50
Sector 3M: -6.3% vs Nifty 500 -5.6%
Industrials FPI tailwindNot confirmed
Latest mapped FPI equity flow was not positive. View sector evidence
Technical chart
SESHAPAPERD candles · FIT view-21.4%Latest close ₹209.89 on 2026-10-19
Bar
-4.6%
RSI
24
MACD hist
-2.77
52W pos
1%
2026-10-19O ₹219.92H ₹219.93L ₹209.00C ₹209.89Vol 1.1L sh
Up bar
Down bar
EMA 20
EMA 50
Volume + 20D avg
Result date
RSI(14)
MACD / signal
Market context
Relative performance and chart statistics
Adjusted completed-session prices, rebased to 100
SESHAPAPERNifty India ManufacturingNifty 500
- SESHAPAPER
- -5.8%
- Nifty 500
- -5.6%
- Nifty India Manufacturing
- -5.8%
- Vs Nifty 500
- -0.2 pp
Chart stats
19 Oct 2026- From 52W high
- -28.4%
- 52W range position
- 1%
- ATR (14)
- 3.9%
- Volume vs 20D
- 1.02x
- Avg traded value
- ₹2.6 Cr
- 20D price channel
- ₹209 - ₹253.3
₹293.1
₹209 - ₹293.1
₹8.2
Latest completed session
20-session average
20.3% annualized volatility
Research snapshot
What the evidence says now
Weak fundamentals, management evidence is still limited to a financial-only Trust Lite signal, price trend argues for patience, and recent execution is weak.
Suggested next step
Research, do not rush
The evidence is not strongly aligned. Compare peers and wait for a cleaner setup.
U-Score
Legacy · WATCHLIST43
Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.
Latest result
Excellent90
Revenue +27.8% · PAT +113.3% YoY
Technical
Bearish36
Price trend and sector-relative-strength timing.
Valuation
Legacy model-160.6%
Legacy margin-of-safety estimate; the revised evidence label remains in shadow validation.
Trust
Limited evidence71
Financial-only signal; management claim evidence is not sufficient yet.
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Latest result
Quarter ended 30 Jun 2026
Excellent · 90/100Rev +28% YoY · PAT +113% YoY · margin expansion · operating leverage
Filed 25 Jul 2026
Open results browser →| Metric | This quarter | YoY | QoQ |
|---|---|---|---|
| Revenue | ₹492 Cr | +27.8% | -16.9% |
| EBITDA | ₹44 Cr | +120.0% | +83.3% |
| Operating margin | 9.0% | +400 bps | +500 bps |
| PAT | ₹32 Cr | +113.3% | +23.1% |
| PAT margin | 6.5% | +260 bps | +211 bps |
NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.
Fundamentals
Valuation
- P/E
- 15.00
- P/B
- 0.73
- EV/EBITDA
- 9.09
- Market Cap
- 1481.00Cr
Profitability
- ROE
- 4.10%
- ROCE
- 5.60%
- ROA
- 3.96%
- Dividend Y
- 0.85%
Growth (CAGR)
- Revenue 5Y
- 17.00%
- EPS 5Y
- -5.00%
- Revenue 3Y
- -6.00%
- EPS 3Y
- -41.00%
Balance Sheet
- Debt/Equity
- 0.00
- Interest Coverage
- 14.75×
- Altman Z
- 3.72
- Book Value
- 324.00
Cash Flow
- FCF Yield
- 6.62%
- FCF Positive Y
- 8/5
- OCF
- 92.00 Cr
- EPS TTM
- 15.70
Shareholding
- Promoter Hold
- 43.27%
- Promoter Pledge
- 0.00%
- Momentum 52W
- 25%
Financial History
Updated 20/10/2026
Revenue
₹ CrLatest: 492-16.9% vs prev
Net Profit
₹ CrLatest: 32.0+23.1% vs prev
ROE is shown only in the Annual view — quarterly equity data isn't published.
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Daily technical trend read
Mixed signalsSignals are conflicting — long-term trend down. RSI 24. Wait for confirmation.
- Price < SMA20 < SMA50 < SMA200 — full bearish stack.
- SMA20 falling (~1.9% over last month) — short-term momentum negative.
- RSI(14) at 24 — oversold zone; bounce conditions.
- MACD below signal but histogram contracting — bearish momentum easing.
- Within 5% of 52-week low — testing support.
Mechanical read from the price + indicator series above. Not a recommendation — technical setups can reverse without warning, especially around earnings and macro events.
Nifty 500 leadership
Relative Strength & Trend Stage
36
RS percentile
Stage 4 Downtrend
1M return
-16.0%
3M return
-5.8%
6M return
-23.8%
1Y return
-16.9%
RS 1D
-5
RS 20D
-16
Sector rank
#2
Industry rank
#42
Stage evidence
- Price is 12.2% below the 30-week proxy.
- The 50-DMA is below the 30-week proxy and its slope is falling -1.7%.
- Both 3-month and 6-month returns are negative.
50-DMA
price below
200-DMA
price below
Sector
leading
Industry
weakening
Relative-strength line vs Nifty 500 (base 100)
262 observations
19 Oct 2026Value 85.83-2.92%
RS vs Nifty 50086
Valuation & peers
U-Score 43 · legacy U-Score band WATCHLIST · valuation evidence and comparable companies
Valuation & peers
U-Score 43 · legacy U-Score band WATCHLIST · valuation evidence and comparable companies
WATCHLIST
Fundamental score breakdown
U band · WATCHLISTValuation17/30
Growth5/25
Quality0/20
Balance Sheet11/15
Cash Flow7/10
Piotroski
6/9 (+3)
Penalties
0
Raw sum
43
Why this score?
Top U-Score contributors and drags from the latest stored fundamentals.
43/100 · legacy band WATCHLIST
Positive drivers
- FCF yield is supportive at 6.6%.
- Balance sheet contributes 11/15 to the score.
- Cash flow contributes 7/10 to the score.
Main drags
- Fair-value margin of safety is negative at -160.6%.
- Quality is weaker at 0/20; verify the latest quarterly trend.
- Growth is weaker at 5/25; verify the latest quarterly trend.
Sector valuation model
Cyclical valuation: normalized earnings, not just trailing PE
Cyclical companies can look cheapest near peak profits, so IndiaPulse flags value-trap risk separately.
Primary lens
Mid-cycle PE/EV/EBITDA using multi-year average margins or earnings.
Secondary checks
Current margin versus 5-year average, balance sheet strength, commodity cycle.
Main risk check
A low trailing PE may mean peak-cycle earnings, not true cheapness.
PE
15.0
PB
0.7
EV/EBITDA
9.1
ROE
4.1%
ROCE
5.6%
FCF Yield
6.6%
Debt/Equity
0.0
MoS
-160.6%
Cyclical/value-trap warning
This sector can look cheap when profits are temporarily high. Check mid-cycle margins/earnings before relying on trailing PE.
Score movement
Stored run vs live recompute
This shows the stored score trend when snapshots exist, and also compares the latest stored nightly score with a live recompute from current fundamentals and price.
Stored run: 20 Oct 2026
v4.3-runtime-valuation
Final score
43
Previous: 43
Legacy U-Score band
WATCHLIST
Previous: WATCHLIST
Margin of safety
-160.6%
Previous: -160.6%
Score history
12 stored score snapshots. Latest stored move: +3 points.
20 Oct 2026
v4.3-runtime-valuation
40
40
40
40
40
40
40
40
40
40
40
43
Factor attribution
No pillar movement versus the latest stored run. Historical score trend will appear after snapshot storage is enabled.
Modelled fair value
Graham Number
₹338.31
+38.0% MoS
Growth-justified P/E
5.1
Growth-justified Value
₹80.54
-160.6% MoS
PEG
—
Comparable companies
Peers
Business-comparable peers in Industrials — ranked by industry, sub-sector, theme-tag overlap, market cap, and U-Score similarity. Green cells mark the best available peer metric in this table.
Ticker
Name
Why peer
Score
PE
ROE
MoS
Verdict
SEJALLTD
Small
Sejal Glass Limited
Paper & Packaging
match 97
61
26.3
31.1%
+34%
UNDERVALUED
TNPL
Small
Tamil Nadu Newsprint & Papers Limited
Paper & Packaging
match 97
69
3.9
11.2%
+91%
UNDERVALUED
PDMJEPAPER
Small
Pudumjee Paper Products Limited
Paper & Packaging
match 96
67
10.0
12.8%
+68%
UNDERVALUED
MOLDTKPAC
Small
Mold-Tek Packaging Limited
Paper & Packaging
match 95
61
35.6
17.8%
+62%
UNDERVALUED
STARPAPER
Small
Star Paper Mills Limited
Paper & Packaging
match 93
35
17.4
13.7%
-81%
WATCHLIST
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business and thesis
Issuer presentation review pending
Seshasayee Paper and Boards Limited operates in Paper, within the Industrials sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers. The structured result feed currently covers the quarter ended 30 Jun 2026. Investor presentations and earnings-call PDFs will be added as issuer-backed evidence before management claims appear here.
Trust Score
71Limited evidence · low confidenceTrust Lite
Trust asks: does management behaviour match later outcomes? Higher is better, but confidence and evidence depth matter as much as the number.
Limited evidence: Claim history is still being built. It ranks around the 66th percentile of the scored universe and 64th percentile within Industrials. Main check: financial discipline is weak at 30/100.
This is a financial-behaviour screen, not a claim-tested management reliability verdict.
Computed 05 Sept 2026
management-trust-v1
4 docs text-extracted · 0 concalls text-extracted
Score band
Limited evidence
Financial behaviour is scored, but management claims do not yet have enough outcome checks.
Relative rank
66th percentile
overall median 67 · Industrials: 64th pctile, median 68 · Small: 69th pctile, median 66
Evidence depth
Financial-only
4 documents have extracted text, but claim history is not strong enough yet.
Claim delivery
Outcome history still building
0 claims extracted · No contradicted claim yet
How to read this Trust Score
Limited evidence · low confidenceWhat it measures
Reliability of management and financial delivery, using financial behaviour only.
Confidence
Treat this as an early read until more concalls and outcomes are matched.
Investor use
Acceptable, but check the weakest sub-score before increasing exposure.
Read Trust alongside U-Score, result consistency, and technical trend. A cheap stock with weak Trust needs a larger margin of safety; a high Trust score does not make an expensive stock attractive by itself.
Forensic breakdown
Read low sub-scores as due-diligence warnings, not automatic sell signals.
Promoter
78
strong · holding, pledge, alignment
Cash flow
89
strong · profit to cash conversion
Balance sheet
96
strong · leverage and solvency
Discipline
30
weak · capital discipline
Results
50
watch · quarterly consistency
Trust positives
- ▸Promoter pledge is zero.
- ▸FCF yield is 6.7%.
- ▸8 years of positive FCF.
- ▸Debt/equity is 0.00.
Trust risks
- ▸ROCE is low at 5.6%.
- ▸ROE is low at 4.1%.
- ▸ROCE trend is -5.4%.
- ▸4 older quarters in the 8-quarter window had PAT decline worse than 25% YoY.
Trust Lite uses financial behaviour only. Prefer claim-tested Trust when enough concall claims have later outcomes.
Continue researching Seshasayee Paper and Boards Limited
Important announcements & filings
Latest exchange and company disclosures found within the past two years.
Open source ↗
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 6 Aug
Source: Bse
Announcement
Capital Investment Of Rs 25 Crores For Copier Conversion Facilities 12 May - Board approved Rs.25 crore capex to augment copier paper conversion at Erode and Tirunelveli; completion in 6 months.
Source: Bse
Annual report
Annual Report 2026
Source: Bse
Annual report
Annual Report 2025
Source: Bse
Annual report
Announcement under Regulation 30 (LODR)-Newspaper Publication 29 May - Intimation of dispatch of Annual Report for the Financial Year 2025-26 to Shareholders.
Source: Bse
All information is for study purposes only. For investment decisions, consult your financial advisor. See Playbook for methodology.