# Seshasayee Paper & Boards share price today (Seshasayee Paper & Boards Ltd, NSE: SESHAPAPER)

> Seshasayee Paper & Boards share price today: ₹206.64 at the NSE close on 3 November 2026, down 19.1% in a year. Seshasayee Paper & Boards (NSE: SESHAPAPER) is worth ₹1,302 crore, trades at a P/E of 11.0 and has closed between ₹199.05 and ₹279.76 over the past 52 weeks. > Seshasayee Paper & Boards Ltd's share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. SESHAPAPER · Paper · data as of 3 November 2026. Page: https://www.sectoralpha.in/stocks/seshasayee-paper-boards-ltd

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## Key numbers

- Business trend: Turning around, from the last 12 quarters
- Price: ₹206.64 (−19.1% in a year)
- P/E: 11.0× (higher than 61% of the last 11 years)
- Revenue (Sep 2026): ₹503 Cr (+45.4% on a year ago)
- Profit (Sep 2026): ₹42.0 Cr (+90.9% on a year ago)
- Operating margin: 9.0% (+1.0 points on a year ago)
- ROCE: 6%, FY26
- ROIC: 3.9%, against a 12.0% cost of capital: −8.1 points

The main question: profits are rising, but only 50% of the last 3 years' profit came in as cash from operations. The gap between reported profit and actual cash is the thing to watch. ## What is the Seshasayee Paper & Boards share price today? Seshasayee Paper & Boards Ltd's share price was ₹206.64 at the close on 3 November 2026. It has been falling for 24 weeks. That is 13.3% below its average price over the last 200 trading days. Over the past 13 weeks it has done worse than the NIFTY 500, and it has been behind for 4 weeks running. In the last 52 weeks it traded between ₹199 and ₹280, and at that close it sat 9% of the way up from that low. Over the last 11 years the share price moved +345% while the NIFTY 500 moved +257%, so it is ahead of the index over that whole period. It was last ahead over 13 weeks in the week of 9 October 2026. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What changed at Seshasayee Paper & Boards this quarter? Three changes stood out: foreign funds (FIIs) cut their stake for 6 quarters in a row, promoters raised their stake for 4 quarters in a row and highest quarterly profit in 10 quarters. 1. Foreign funds (FIIs) cut their stake for 6 quarters in a row From 13.1% to 12.4% of the company by the September 2026 quarter. 2. Promoters raised their stake for 4 quarters in a row From 42.9% to 43.3% of the company by the September 2026 quarter. 3. Highest quarterly profit in 10 quarters Profit of ₹42 crore in the September 2026 quarter is the highest of the last 10 quarters. ## What are Seshasayee Paper & Boards' latest quarterly results? For July to September 2026 (the quarter ended 30 September 2026), Seshasayee Paper & Boards reported revenue of ₹503 crore, up 45.4% from ₹346 crore a year earlier, and a profit of ₹42.0 crore, up 90.9% from ₹22.0 crore. ### Seshasayee Paper & Boards results: July to September 2026 against a year earlier

| Measure | July to September 2026 | July to September 2025 | Change |
| --- | --- | --- | --- |
| Revenue | ₹503 crore | ₹346 crore | +45.4% |
| Profit | ₹42.0 crore | ₹22.0 crore | +90.9% |
| Earnings per share | ₹6.71 | ₹3.55 | +89.0% |
| Operating margin | 9.0% | 8.0% | +1.0 points |

The next results, for October to December 2026, are due by 14 February 2027: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter). (From the company's reported quarterly results (quarter ended 30 September 2026). Revenue and profit in ₹ crore.)

## What is the Seshasayee Paper & Boards share price history? Seshasayee Paper & Boards closed at ₹206.64 on 3 November 2026, down 19.1% from ₹255.40 a year earlier (31 October 2025) and up 19.9% over five years. Its highest weekly close since February 2016 was ₹384.45 on 29 September 2023. ### Seshasayee Paper & Boards share price: then and now

| When | Close | Change to 3 Nov 2026 |
| --- | --- | --- |
| 1 week ago · 23 Oct 2026 | ₹199.05 | +3.8% |
| 1 month ago · 1 Oct 2026 | ₹239.55 | −13.7% |
| 6 months ago · 30 Apr 2026 | ₹268.09 | −22.9% |
| 1 year ago · 31 Oct 2025 | ₹255.40 | −19.1% |
| 3 years ago · 3 Nov 2023 | ₹348.10 | −40.6% |
| 5 years ago · 4 Nov 2021 | ₹172.40 | +19.9% |
| 10 years ago · 4 Nov 2016 | ₹139.59 | +48.0% |
| Earliest and lowest weekly close in our records · 26 Feb 2016 | ₹46.40 | +345.3% |
| Highest weekly close since February 2016 · 29 Sep 2023 | ₹384.45 | −46.3% |
| 52-week high (weekly close) · 18 Feb 2026 | ₹279.76 | −26.1% |
| 52-week low (weekly close) · 23 Oct 2026 | ₹199.05 | +3.8% |

Weekly closing prices, adjusted for splits and bonuses so every price is on today’s share count. Each change is the move from that price to the 3 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes. (565 weekly closes from 26 February 2016 to 3 November 2026.)

## What is the latest news on Seshasayee Paper & Boards? 3 Nov 2026: Seshasayee Paper & Boards closed at ₹206.64, up 3.8% on the week and down 13.7% on the month. Results for July to September 2026: Revenue up 45.4% and profit up 90.9% on a year earlier. ### Earlier

- 10 Jun 2026: ex-date for a dividend of ₹2 a share. ## What dividend does Seshasayee Paper & Boards pay? Seshasayee Paper & Boards paid ₹2 a share in regular dividends in the 12 months to 4 November 2026 (1 payment), a yield of 0.97% at the ₹206.64 close on 3 November 2026. The last was a dividend of ₹2 a share, ex-date 10 June 2026. ### Seshasayee Paper & Boards dividends since 1 April 2021

| Ex-date | Dividend per share | Type |
| --- | --- | --- |
| 10 Jun 2026 | ₹2 | Dividend |
| 4 Jun 2025 | ₹2.50 | Dividend |
| 22 May 2024 | ₹5 | Dividend |
| 7 Jun 2023 | ₹6 | Dividend |
| 12 Jul 2022 | ₹2.50 | Dividend |
| 13 Jul 2021 | ₹2.50 | Dividend |

Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date. The record date is the same day as the ex-date for every payment here. 5 of 5 Of the last 5 financial years, years with an NSE dividend record

Yes. Seshasayee Paper & Boards Ltd paid out 15% of its profit as dividends in FY26, and it paid a dividend in each of its last 13 reported years. (From the NSE corporate-actions record, read 4 November 2026.)

## Which stock lists is Seshasayee Paper & Boards on? Seshasayee Paper & Boards is not on any of our India lists this week. ## Is Seshasayee Paper & Boards profitable? Seshasayee Paper & Boards Ltd earned ₹42.0 Cr of net profit in the Sep 2026 quarter, +90.9% on the same quarter a year earlier. That is the 2nd quarter in a row of profit growth. Full-year FY26 profit was ₹83.0 Cr. Over 10 years profit has grown 8.7% a year on average. That is 8.3% of the quarter's revenue. The same quarter a year earlier earned ₹22.0 Cr. For the full year, FY26 profit was ₹83.0 Cr (−23.9% on the year before). Why profit moved: revenue changed +45.4% on a year earlier and the margin moved +1.0 percentage points. Sales did the work, and the margin was about flat. On average over the last four quarters, profit changed +53.1% and revenue +20.2%. Profit is growing faster than sales: fixed costs are spread over more sales, so each extra rupee of revenue adds more to profit. ## How much revenue does Seshasayee Paper & Boards make, and is it growing? Seshasayee Paper & Boards Ltd reported ₹503 Cr of revenue in the Sep 2026 quarter, +45.4% on the same quarter a year earlier. That is the 3rd quarter in a row with growth on the year before. Over 10 years it has grown 5.4% a year on average. The last full year, FY26, came in at ₹1,710 Cr. The last four reported quarters add to ₹1,974 Cr. FY26 revenue was ₹1,710 Cr, −2.5% on the year before. Recent pace: the last four quarters grew +20.2% on average, against 5.4% a year over the longer run, so this year is growing faster than its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew +18.6%, against +3.8% a year over the last 8 quarters (accelerating); profit over the last 12 months grew +46.9%, against −21.1% a year (accelerating). ## How much of every ₹100 of sales does Seshasayee Paper & Boards keep? Seshasayee Paper & Boards Ltd's operating margin was 9.0% in the Sep 2026 quarter, 1.0 percentage points higher than the same quarter a year ago. Across 13 years it has been between 6.0% and 26.0%. The latest quarter is within that range. Why the margin moved: operating margin changed +1.7 percentage points on the year while gross margin changed +0.7 points. So the gain came mostly from costs below the gross margin, such as staff and overheads, measured against sales. ## Is Seshasayee Paper & Boards' profit turning into cash? Over the last 3 years, 50% of Seshasayee Paper & Boards Ltd's reported profit came in as cash from its operations, a gap worth watching. In FY26 it brought in ₹92.0 Cr of operating cash against ₹83.0 Cr of profit. After ₹56.0 Cr of spending on assets, ₹36.0 Cr was left over as free cash. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. Why 50% of profit came in as cash: the cash cycle got 44 days shorter between FY21 and FY26, so cash that used to wait in the business now arrives sooner. When less than 70% of profit comes in as cash, it is the thing to watch on this page. What to look at next: no single use of cash stands out. The next section checks both the cash tied up in daily operations and the spending on assets. ## Where does Seshasayee Paper & Boards' cash go? Seshasayee Paper & Boards Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 96 days in FY26, down from 140 days in FY21. It spent ₹156 Cr on assets over the last 3 years. Customers take 41 days to pay, and stock sits for 164 days on average. At FY26 sales of ₹1,710 Cr, each day of that cycle ties up about ₹4.7 Cr, so roughly ₹450 Cr is tied up in the business at any time. FY26: customers took 41 days to pay and stock sat for 164 days, about 5.4 months of sales sitting as stock, for a full cycle of 96 days, shorter than FY21's 140. The full loop: cash goes out to suppliers and production on day 0. Stock sits for 164 days. Customers pay about 41 days after that. Suppliers are paid at 109 days. Together that makes the 96-day cycle. Spending on assets: ₹156 Cr over the last 3 years, against ₹134 Cr of depreciation (the yearly wear and tear on existing assets). So it is building a little beyond replacing what wears out. Work still in progress is ₹93.0 Cr (FY26): assets paid for that are not earning yet. In short: neither the daily cycle nor new spending is soaking up the cash, so the picture is fairly clean. ## What is Seshasayee Paper & Boards' P/E ratio, and how does it compare with its own history? Seshasayee Paper & Boards Ltd's P/E is 11.0×, in the middle of its own history: higher than 61% of past readings. Its usual P/E (the middle reading) is 9.9×, over 11 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth. Why the multiple is where it is: over the past year earnings per share moved −24.4% while the price moved −19.1%. The price did better than earnings, which pushed the multiple up within its own range. Where the price move came from: over 5 years the price moved +3.7% a year; about +0.6% a year came from earnings growth and about +3.1 percentage points from the multiple (the market paying more); over 10 years the price moved +4.0% a year; about +12.7% a year came from earnings growth and about −8.7 percentage points from the multiple (the market paying less). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple. In short: the multiple is about average against its own past, so the earnings trend underneath matters more than the multiple. ## Is the Seshasayee Paper & Boards business getting better or worse? Seshasayee Paper & Boards Ltd's business is turning around. Profit growth has swung from −59.8% at its low to +46.9%, improving for 5 quarters in a row, with ROCE steady at 7.0%. This is based on 12 quarters of 4 measures. Why it matters: a turn in growth is often where a bigger change starts. The lines say a turn is forming, so the question is whether the next quarters confirm it. ## How much does Seshasayee Paper & Boards earn on its capital? Seshasayee Paper & Boards Ltd earned a ROCE of 6% in FY26. Its return on capital used (ROIC) is 8.1 percentage points below its cost of capital, so growth here does not yet pay for the capital it uses. It comes from a 4.9% net margin and 0.68× asset turnover (sales divided by assets). Why the return is what it is (FY26): a 4.9% net margin × 0.68× asset turnover × 1.23× leverage (assets divided by equity) ≈ 4.1% on equity. The margin does its share; borrowing plays a small part, so this return is earned, not borrowed. The key test, return on capital used minus the cost of capital: 3.9% − 12.0% = −8.1 percentage points. The 12.0% is a standard assumption for the cost of capital in India, not an estimate for this company. Read the sign and size of the gap, not the decimals. Negative: growth at these returns loses value until returns improve. The 3.9% ROIC above is the latest reading, as reported. The yearly chart below shows FY26 at 2.1%, and the quarterly chart works out each 12-month window from the quarterly figures, so the readings differ by date, not by method. ## Does Seshasayee Paper & Boards have too much debt? Seshasayee Paper & Boards Ltd has total debt of ₹77.0 Cr against shareholder equity of ₹2,016 Cr as of Dec 2025, so its debt is 0.04× its equity, which is very little. Year by year, that ratio went from 0.00 in FY22 to 0.04 in FY25. So the returns on this page come from the business, not from borrowed money. ## What is the Seshasayee Paper & Boards shareholding pattern? No group of Seshasayee Paper & Boards Ltd's owners changed its stake by a full percentage point over the last two years. Promoters moved +0.5 points over the same period, to 43.3%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings. Over the last two years: Foreign institutions: −0.7 points over 8 quarters, to 12.4%; Promoters: +0.5 points over 8 quarters, to 43.3%; Domestic institutions: +0.3 points over 8 quarters, to 0.4%. ## How far is Seshasayee Paper & Boards from balance-sheet trouble? For Seshasayee Paper & Boards Ltd, the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date. ## How does Seshasayee Paper & Boards rank in its industry? 51.3 out of 100, rank 6 of 11 in Paper, with 100% of the evidence available. Seshasayee Paper & Boards Ltd scores 51.3 out of 100 against the 11 companies it is compared with in Paper, ranking 6. Earnings are strong; relative strength in its sector is -18.2% and the one-year return is -20.8%. The four parts add up to the total exactly: 25.2 + 11 + 13.6 + 1.5 = 51.3. This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector. ## Which companies is Seshasayee Paper & Boards compared with? Seshasayee Paper & Boards ranks 6 of 11 Paper companies on the 4-Factor Sector Score, with 51.3 out of 100. 1. [N R Agarwal Industries Ltd](https://www.sectoralpha.in/stocks/n-r-agarwal-industries-ltd) NRAIL · leader · Most evidence points up · 96% evidence 72.8 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 29.5/35 · Revenue 32.6% · Profit 100% · Operating margin change 7.4 points · 88% evidence Capital efficiency 13.0/25 · ROCE 8.5% · Operating margin 11% · 100% evidence Valuation 12.0/20 · P/E 17.1× · PEG 0.26 · 100% evidence Relative strength 18.3/20 · Lead over its industry 31.7% · Lead over NIFTY 500 40.6% · 1 year 52.4% · 100% evidence · 12 of 12 weeks ahead Exact sum: 29.5 + 13 + 12 + 18.3 = 72.8 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 2. [Emami Paper Mills Ltd](https://www.sectoralpha.in/stocks/emami-paper-mills-ltd) EMAMIPAP · breaking out · Most evidence points up · 60% evidence 68.6 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 29.5/35 · Revenue 16.6% · Profit 100% · Operating margin change 8 points · 95% evidence Capital efficiency 16.0/25 · ROCE 11.4% · Operating margin 16% · 76% evidence Valuation 11.2/20 · P/E 5.4× · PEG n/a · 15% evidence Relative strength 11.9/20 · Lead over its industry n/a · Lead over NIFTY 500 33.8% · 1 year n/a · 25% evidence · 11 of 12 weeks ahead Exact sum: 29.5 + 16 + 11.2 + 11.9 = 68.6 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 3. [Pudumjee Paper Products Ltd](https://www.sectoralpha.in/stocks/pudumjee-paper-products-ltd) PDMJEPAPER · quiet · Evidence leans up · 85% evidence 57.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 10.2/35 · Revenue 6.1% · Profit 6.5% · Operating margin change 0 points · 100% evidence Capital efficiency 18.8/25 · ROCE 18.1% · Operating margin 14% · 100% evidence Valuation 17.8/20 · P/E 8.5× · PEG 0.14 · 100% evidence Relative strength 10.3/20 · Lead over its industry n/a · Lead over NIFTY 500 3.4% · 1 year -24.5% · 25% evidence · 9 of 12 weeks ahead Exact sum: 10.2 + 18.8 + 17.8 + 10.3 = 57.1 · What this means: The valuation scores well, but earnings are not improving yet, so the business does not back up the low multiple so far. 4. [Andhra Paper Ltd](https://www.sectoralpha.in/stocks/andhra-paper-ltd) ANDHRAPAP · breaking out · Evidence leans up · 74% evidence 55.4 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 25.0/35 · Revenue 14% · Profit 100% · Operating margin change 8.7 points · 74% evidence Capital efficiency 7.3/25 · ROCE 0% · Operating margin 6.8% · 100% evidence Valuation 8.5/20 · P/E 25.5× · PEG n/a · 15% evidence Relative strength 14.6/20 · Lead over its industry -0.3% · Lead over NIFTY 500 7.2% · 1 year -14% · 100% evidence · 8 of 12 weeks ahead Exact sum: 25 + 7.3 + 8.5 + 14.6 = 55.4 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 5. [West Coast Paper Mills Ltd](https://www.sectoralpha.in/stocks/west-coast-paper-mills-ltd) WSTCSTPAPR · leader · Evidence leans up · 78% evidence 53.5 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 13.7/35 · Revenue 7.8% · Profit -13.1% · Operating margin change 7 points · 83% evidence Capital efficiency 13.8/25 · ROCE 6.2% · Operating margin 19% · 76% evidence Valuation 6.0/20 · P/E 23.4× · PEG n/a · 50% evidence Relative strength 20.0/20 · Lead over its industry 54.1% · Lead over NIFTY 500 64.1% · 1 year 80.1% · 100% evidence · 12 of 12 weeks ahead Exact sum: 13.7 + 13.8 + 6 + 20 = 53.5 · What this means: Relative strength against the index is 64.1%, and revenue and profit growth are weak. 6. Seshasayee Paper & Boards Ltd this page SESHAPAPER · quiet · Evidence leans up · 100% evidence 51.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 25.2/35 · Revenue 18.6% · Profit 46.9% · Operating margin change 1 points · 100% evidence Capital efficiency 11.0/25 · ROCE 5.6% · Operating margin 9% · 100% evidence Valuation 13.6/20 · P/E 10.8× · PEG 1.18 · 100% evidence Relative strength 1.5/20 · Lead over its industry -18.2% · Lead over NIFTY 500 -12% · 1 year -20.8% · 100% evidence · 4 of 12 weeks ahead Exact sum: 25.2 + 11 + 13.6 + 1.5 = 51.3 · What this means: Earnings are strong; relative strength in its sector is -18.2% and the one-year return is -20.8%. 7. [JK Paper Ltd](https://www.sectoralpha.in/stocks/jk-paper-ltd) JKPAPER · losing its lead · Evidence leans down · 78% evidence 46.7 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 13.8/35 · Revenue 10% · Profit -4.9% · Operating margin change 0 points · 83% evidence Capital efficiency 14.5/25 · ROCE 7.4% · Operating margin 15% · 76% evidence Valuation 8.4/20 · P/E 20.5× · PEG n/a · 50% evidence Relative strength 10.0/20 · Lead over its industry -1.2% · Lead over NIFTY 500 6.1% · 1 year -6.8% · 100% evidence · 6 of 12 weeks ahead Exact sum: 13.8 + 14.5 + 8.4 + 10 = 46.7 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 8. [Tamil Nadu Newsprint & Papers Ltd](https://www.sectoralpha.in/stocks/tamil-nadu-newsprint-papers-ltd) TNPL · quiet · Evidence leans down · 71% evidence 43.7 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 16.8/35 · Revenue 2.9% · Profit 100% · Operating margin change 1.1 points · 65% evidence Capital efficiency 12.2/25 · ROCE 6.4% · Operating margin 10% · 100% evidence Valuation 11.5/20 · P/E 3.4× · PEG n/a · 15% evidence Relative strength 3.2/20 · Lead over its industry -12.5% · Lead over NIFTY 500 -5.9% · 1 year -17.8% · 100% evidence · 4 of 12 weeks ahead Exact sum: 16.8 + 12.2 + 11.5 + 3.2 = 43.7 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 9. [Satia Industries Ltd](https://www.sectoralpha.in/stocks/satia-industries-ltd) SATIA · breaking out · Most evidence points down · 76% evidence 32.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 4.8/35 · Revenue -2.8% · Profit -80% · Operating margin change -3 points · 88% evidence Capital efficiency 6.0/25 · ROCE 4.5% · Operating margin 14% · 100% evidence Valuation 10.0/20 · P/E n/a · PEG n/a · 0% evidence Relative strength 11.3/20 · Lead over its industry -1.7% · Lead over NIFTY 500 5.7% · 1 year -17.1% · 100% evidence · 9 of 12 weeks ahead Exact sum: 4.8 + 6 + 10 + 11.3 = 32.1 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 10. [Kuantum Papers Ltd](https://www.sectoralpha.in/stocks/kuantum-papers-ltd) KUANTUM · quiet · Most evidence points down · 90% evidence 29.5 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 10.5/35 · Revenue 11.8% · Profit -49.8% · Operating margin change 0.1 points · 100% evidence Capital efficiency 8.9/25 · ROCE 5.2% · Operating margin 12.3% · 100% evidence Valuation 8.7/20 · P/E 17.4× · PEG n/a · 50% evidence Relative strength 1.4/20 · Lead over its industry -23.1% · Lead over NIFTY 500 -16.9% · 1 year -39.5% · 100% evidence · 4 of 12 weeks ahead Exact sum: 10.5 + 8.9 + 8.7 + 1.4 = 29.5 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 11. [KS Smart Technologies Limited](https://www.sectoralpha.in/stocks/ks-smart-technlogies-limited) quiet · Too little evidence to rank firmly · 42% evidence 38.8 out of 100 Growth Capital Valuation Relative

Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led NIFTY 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [Paper](https://www.sectoralpha.in/sectors/paper), all 11 compared on one page. ## Which companies are close to Seshasayee Paper & Boards in size? Seshasayee Paper & Boards is the 5th largest of 11 Paper companies on Sector Alpha by market value (scores of 30 October 2026). Just above it: West Coast Paper Mills, Andhra Paper and KS Smart Technologies. Just below it: N R Agarwal Industries, Tamil Nadu Newsprint & Papers and Pudumjee Paper Products. ### Paper companies close in size

1. [West Coast Paper Mills Ltd](https://www.sectoralpha.in/stocks/west-coast-paper-mills-ltd) ₹5,386 crore
2. [Andhra Paper Ltd](https://www.sectoralpha.in/stocks/andhra-paper-ltd) ₹1,328 crore
3. [KS Smart Technlogies Limited](https://www.sectoralpha.in/stocks/ks-smart-technlogies-limited) ₹1,315 crore
4. Seshasayee Paper & Boards Ltd ₹1,279 crore
5. [N R Agarwal Industries Ltd](https://www.sectoralpha.in/stocks/n-r-agarwal-industries-ltd) ₹1,132 crore
6. [Tamil Nadu Newsprint & Papers Ltd](https://www.sectoralpha.in/stocks/tamil-nadu-newsprint-papers-ltd) ₹887 crore
7. [Pudumjee Paper Products Ltd](https://www.sectoralpha.in/stocks/pudumjee-paper-products-ltd) ₹827 crore

[All 11 Paper companies, largest first](https://www.sectoralpha.in/sectors/paper#all-companies)

### Companies close in size in other industries

1. [All Time Plastics Ltd](https://www.sectoralpha.in/stocks/all-time-plastics-ltd) ₹1,286 crore · Plastics - Others
2. [Chamanlal Setia Exports Ltd](https://www.sectoralpha.in/stocks/chamanlal-setia-exports-ltd) ₹1,285 crore · FMCG - Rice
3. Seshasayee Paper & Boards Ltd ₹1,279 crore
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## What else do people ask about Seshasayee Paper & Boards? ### What is Seshasayee Paper & Boards's share price today? Seshasayee Paper & Boards Ltd's share price is ₹206.64, −19.1% over the past year. The whole company is worth ₹1,302 Cr on the market. In the last 52 weeks it traded between ₹199 to ₹280; today it is 9% of the way up from the low, 13.3% below its 200-day average (as of 3 November 2026). ### What were Seshasayee Paper & Boards's latest quarterly results? Seshasayee Paper & Boards Ltd reported revenue of ₹503 Cr and net profit of ₹42.0 Cr for the Sep 2026 quarter. Revenue rose 45.4% and profit rose 90.9% compared with a year earlier. Earnings per share were ₹6.71 (as of 3 November 2026). ### What is Seshasayee Paper & Boards's market cap? Seshasayee Paper & Boards Ltd's market capitalisation is ₹1,302 Cr at a share price of ₹206.64. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is Seshasayee Paper & Boards performing? Seshasayee Paper & Boards Ltd's share price has been falling for 24 weeks. In its latest quarter, revenue rose 45.4% and profit rose 90.9% compared with a year earlier. Over the past 13 weeks it has done worse than the NIFTY 500, for 4 weeks running (as of 3 November 2026). ### Will Seshasayee Paper & Boards's share price go up? This page does not forecast Seshasayee Paper & Boards Ltd's share price. What it shows instead: the share price is ₹206.64, and it has been falling for 24 weeks. Its P/E of 11.0× is higher than 61% of its own last 11 years (as of 3 November 2026). ### Who owns Seshasayee Paper & Boards? Promoters own 43.3% of Seshasayee Paper & Boards Ltd, foreign institutions 12.4%, domestic institutions 0.4% and the public 29.6% (latest quarter). No group of owners changed its stake by a full point over the last two years (as of 3 November 2026). ### Does Seshasayee Paper & Boards have too much debt? No, Seshasayee Paper & Boards Ltd has little debt: its debt is 0.00× its equity, and its operating profit is 11 times its interest bill. FY26 borrowings were ₹0.0 Cr against equity of ₹2,042 Cr. So the returns on this page come from the business, not borrowed money (as of 3 November 2026). ### Where is Seshasayee Paper & Boards in its business cycle? Seshasayee Paper & Boards Ltd's FY26 operating margin was 6.0%, against a 13-year range of 6.0% to 26.0%: the low end of its own range, which is often where recoveries start. The latest quarter was 9.0%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the Seshasayee Paper & Boards story? The main question: profits are rising, but only 50% of the last 3 years' profit came in as cash from operations. The gap between reported profit and actual cash is the thing to watch. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is Seshasayee Paper & Boards a stock worth studying right now? What the numbers show: Seshasayee Paper & Boards Ltd's share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. The main open question: whether the cash starts to follow the profit. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). This is research, not advice. We’re not SEBI-registered.