Risk factor
Very poor trading liquidity
Profitability factor
Greatly overvalued vs peers
About
Shrenik Limited is an Indian enterprise primarily involved in the trading and conversion of a wide range of paper, pulp, and paperboard goods. Its business activities extend across the Indian states of Gujarat, Rajasthan, and Maharashtra. The company's extensive product offerings include various paper types such as printing and writing papers, other specialized paper grades, coated paper, uncoated maplitho paper, and copier paper. Furthermore, it provides paperboard solutions like duplex board and folding box boards. Many of these items are sold under Shrenik's proprietary brand names, specifically Shrenik Premium Copier Paper and Shrenik Premium Digital Paper. Established in 2012, Shrenik Limited maintains its corporate headquarters in Ahmedabad, India.
Company Valuation
From both historical and forecast perspectives, the stock is considerably overpriced compared to similar stocks. In particular, the stock is 'expensive' on EV/EBITDA.