Debt-Free Paper Co:TINY MKTCAP

Rama Pulp Papers(502587)

*DebtFree*

_Trading @0.60xBook_

*Mktcap 27cr only*

_Avlbl@_3.67xFY18Eeps_

*Tdg @ 2.30xFY19Eeps*

RamaPulp, belonging to Nath Bio group, is engaged in production of Speciality Grade Papers from 18GSM to 120 GSM. RamaPulp is making Writing & Printing paper, Absorbent Kraft paper, Carbon base paper, Poster & Napkin grade Tissue. In fact, RamaPulp has leadership in Carbon base (OTC) and Absorbent category.

                9m/FY17 FY16

Sales.     83.47.     94.65

NP.            2.10.      2.23

Equity.     11

BV Rs.      42

RamaPulp has recently diversified into chemicals by setting up plant to produce LABSA with capacity of 16000 tonnes

Higher grade of paper for Laminate industry is exported to Thailand, Malaysia etc. Co has developed special grade of MG White Tissue paper for protection printing which exported even to Wal Mart

           FY17  FY18  FY19

Sales.  115.   135.   190

NP.        3.60.  7.50.  12

EPS.     3.28.  6.80.  10.90

MAJOR TRIGGERS

1) RamaPulp is planning to *double production capacity of LABSA*

2) RamaPulp planning to *increase paper capacity by 50%*through debottlenecking
Full impact of same will be reflected in FY19. RamaPulp has enough land to undertake expansion

PERHAPS CHEAPEST PAPER STOCK BEING DEBT FREE PERATIO 3.67,2.30 AND MKTCAP ONLY 27CR

*Investors can expect 50% appreciation in 2-3 months and stock can be 80 in 12-15 months*