Three M Paper Boards Ltd
Founded in July 1989, Three M Paper Boards Limited manufactures high-quality recycled paper-based duplex board products for packaging applications across various industries.[1]
- Market Cap ₹ 75.3 Cr.
- Current Price ₹ 39.1
- High / Low ₹ 82.7 / 30.1
- Stock P/E 6.60
- Book Value ₹ 45.3
- Dividend Yield 0.00 %
- ROCE 15.6 %
- ROE 21.1 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Stock is trading at 0.86 times its book value
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Tax rate seems low
- Debtor days have increased from 58.0 to 72.7 days.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Half Yearly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| 187 | 165 | 313 | 327 | 272 | |
| 177 | 151 | 298 | 308 | 249 | |
| Operating Profit | 11 | 14 | 15 | 19 | 23 |
| OPM % | 6% | 9% | 5% | 6% | 9% |
| 1 | 0 | 3 | 2 | 4 | |
| Interest | 7 | 7 | 7 | 10 | 7 |
| Depreciation | 6 | 6 | 6 | 6 | 7 |
| Profit before tax | -1 | 2 | 5 | 6 | 13 |
| Tax % | 188% | 26% | 29% | -11% | 13% |
| -3 | 2 | 3 | 7 | 11 | |
| EPS in Rs | -46.56 | 26.41 | 50.08 | 101.07 | 8.43 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 18% |
| TTM: | -17% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 86% |
| TTM: | 72% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 16% |
| Last Year: | 21% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
|---|---|---|---|---|---|---|
| Equity Capital | 7 | 7 | 7 | 7 | 13 | 19 |
| Reserves | 29 | 31 | 34 | 41 | 48 | 68 |
| 55 | 54 | 78 | 82 | 73 | 64 | |
| 48 | 51 | 63 | 60 | 61 | 57 | |
| Total Liabilities | 138 | 142 | 182 | 189 | 195 | 208 |
| 74 | 71 | 69 | 78 | 76 | 84 | |
| CWIP | 0 | 0 | 1 | 0 | 2 | 5 |
| Investments | 0 | 1 | 1 | 1 | 1 | 1 |
| 65 | 70 | 110 | 110 | 116 | 118 | |
| Total Assets | 138 | 142 | 182 | 189 | 195 | 208 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| 13 | 12 | -10 | 24 | 14 | |
| -3 | -4 | -6 | -18 | 0 | |
| -8 | -8 | 16 | -5 | -14 | |
| Net Cash Flow | 2 | -0 | 0 | -0 | 0 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| Debtor Days | 52 | 64 | 54 | 47 | 73 |
| Inventory Days | 90 | 126 | 46 | 71 | 74 |
| Days Payable | 125 | 186 | 100 | 93 | 119 |
| Cash Conversion Cycle | 16 | 4 | -1 | 25 | 29 |
| Working Capital Days | 43 | 57 | 64 | 58 | 83 |
| ROCE % | 10% | 12% | 13% | 16% |
Documents
Announcements
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
1d - Certificate under Reg 74(5) of the SEBI (Depositories and participants) Regulations, 2018 for the period of quarter ended March 31, 2025
-
Disclosure Under Regulation 31(4) Of SEBI (SAST) Regulations, 2011
7 Apr - Disclosure under SEBI regulations regarding share encumbrance.
- Closure of Trading Window 27 Mar
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Closure of Trading Window
27 Mar - Closure of trading window from April 1, 2025.
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Board Meeting Outcome for Outcome Meeting Of Board Held To Consider The Constitution Of Executive Committee Of Board
24 Feb - Board approves Executive Committee constitution and internal auditor appointment.
Annual reports
No data available.
Business Profile[1] The company manufactures recycled paper-based Duplex Board products for packaging in industries like food, beverage, pharmaceuticals, cosmetics, and consumer goods, catering to domestic and international markets.