Three M Paper Boards IPO Peer Comparison
Three M Paper Boards Limited peer comparison with similar listed entities. (As on March 31, 2024)
| Company Name | EPS (Basic) | EPS (Diluted) | NAV (per share) (Rs) | P/E (x) | RoNW (%) | P/BV Ratio | Financial statements |
|---|
| Three M Paper Boards Limited | 91.89 | 91.89 | 45.38 | | 18.57 | 1.52 | Consolidated |
| N R Agarwal Industries Ltd | 46.05 | 46.05 | 446.73 | 6.84 | 16.50 | 1.13 | Consolidated |
| Kuantum Papers Ltd. | 12.35 | 12.35 | 128.79 | 7.64 | 12.07 | 1.25 | Consolidated |
| Shree Ajit Pulp And Paper Ltd | 7.11 | 7.11 | 302.68 | 15.86 | 3.51 | 0.74 | Consolidated |
Notes:
- All the financial information for listed industry peers mentioned above is on a consolidated basis(unless otherwise available only on a standalone basis) and is sourced from the financial statements of the respective company for the year ended March 31, 2024, submitted to the stock exchange(s).
- As of the date of this Red Herring Prospectus, Three M Paper Boards Limited specializes in the production of Duplex Paper Boards derived from 100% recycled wastepaper. Since there is no listed entity presently engaged exclusively in the manufacturing 93 of Duplex Paper Boards, hence it is difficult to categorize the exact comparable peers for determining the basis of issue price. However, for the sake of comparison, the company has considered peer companies from the Paper Industry, as aforesaid.
- The P/E Ratio for the peer group has been computed based on the closing market price of equity shares on the Stock Exchange as of June 26, 2024, divided by the diluted EPS for the year ended March 31, 2024
