Shreyans Industries Ltd Stock Research

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Shreyans Industries Ltd Detail

Shreyans Industries Ltd is in portfolio of Subramanian P. He is one of the top investors in India. The company belongs to Paper sector.

As per the Company website it is engaged in the business of Paper and Textiles. This group is promoted by Oswal family of Ludhiana. The paper division of the Company is divided into below parts

  • Shreyans Paper
  • Shree Rishabh paper

Both of them have different type of paper products. I have mentioned some of them for your reference

  • Postal Envelope paper
  • offset paper
  • Cover paper
  • Rail ticket paper
  • Stamp paper
  • Super printing paper
  • Duplicating paper
  • Maplitho paper

Some of the paper products from Shreyans paper and Shree Rishabh paper are same.The paper plants are situated in Punjab for both Shreyans paper and Shree Rishabh paper. The textile plant is located in Ludhiana. The head office is located in Ludhiana. It also has branch offices in Mumbai and New Delhi.

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I have shared long term price performance chart of the Company below.As per Dow theory of technical analysis price performance over a period of time reflects Company state.

Shreyans Industries Ltd Stock Performance

The stock got listed in year 2006 at listing price of 30 INR. In last 12 years it has given 5 times return. Majority of that came in last two years. Before year 2016 it was trading below 50 INR mark. The stock was trading flat for almost 10 years with minor appreciation in price.

The dividend yield of Company is close to 1% at current market price. This translates to 5% on listing price which is good.I would have loved to see more price appreciation and positive appreciation per year instead of major jump in couple of years. The stock may go into consolidation phase after the jump.

Shreyans Industries Ltd My Opinion

Shreyans Industries Ltd is in Paper sector. It is predominately Paper Company but have some presence in Textiles as well. It has shown decent performance on exchanges.

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Paper is necessary evil. Due to recent environment and tree protection drives Government is paying focus to decrease usage of paper in almost all areas. It is seen as environment friendly cost cutting measure. All these drives will decrease paper consumption.

For example Company manufactures Rail ticket paper if Government takes initiatives to decrease usage of that it will impact Company adversely. Having said that Paper is here to stay. There is no immediate alternative of it. Digital initiatives are lessening use of it in one area. But education sector is one of the biggest consumer of paper and without digitization in that field Paper will continue to thrive.

I do not have any Paper stocks in my portfolio. The reason is Government push to go digital and use less paper. This will shrink market demand and slowly but surely education sector will also lessen paper usage. This way take time and Company may compensate by exporting to other countries.

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In case you are interested then you can track the company by adding it to your stock watch list. That way you can keep close eye on the Company.

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