Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
post
Last Updated: April 2, 2026, 4:19 am
Author: Getaka|Social: XLinkedIn
Stock Ticker - BSE: 532701 | NSE: CELLA

Cella Space Ltd: Intrinsic Value & Share Price Analysis

Fair Value

₹35.55Undervalued by 165.30%vs CMP ₹13.40

P/E (28.2) × ROE (15.0%) × BV (₹10.30) × DY (2.00%)

Defaults: ROE=15%

₹15.78Undervalued by 17.76%vs CMP ₹13.40
MoS: +15.1% (Adequate)Confidence: 49/100 (Moderate)Models: 1 Under, 4 Over
ModelCategoryValueWeightSignal
PE-ROEEarnings₹35.5532%Under (+165.3%)
Graham NumberEarnings₹9.8729%Over (-26.3%)
EV/EBITDAEnterprise₹3.4216%Over (-74.5%)
Earnings YieldEarnings₹4.2013%Over (-68.7%)
Revenue MultipleRevenue₹3.6610%Over (-72.7%)
Consensus (5 models)₹15.78100%Undervalued
Key Drivers: Wide model spread (₹3–₹36) — high uncertainty.

PE-ROE · Graham · EPV · DCF · NAV · EV/EBITDA · DDM · Earnings Yield · ROCE Capital · Revenue Multiple | CoE: 12% · Terminal: 4% · EPS CAGR: 0.0% · Defaults: ROE=15%

*Investments are subject to market risks

Investment Snapshot

58
Cella Space Ltd scores 58/100 (Average)
Based on 5 dimensions: health, institutional flow, earnings quality, momentum, and peer comparison
Stock Health51/100 · Moderate
ROCE 10.7% AverageROE 0.0% WeakD/E -0.63 Low debtInterest Coverage 0.0x RiskyProfitable 5/5 years Consistent
Smart Money50/100 · Moderate
Promoter holding at 58.5% Stable
Earnings Quality65/100 · Strong
OPM expanding (33% → 68%) Improving
Quarterly Momentum60/100 · Moderate
Revenue (4Q): +9% YoY GrowingProfit (4Q): -64% YoY DecliningOPM: 74.5% (up 5.5% YoY) Margin expansion
Industry Rank60/100 · Moderate
P/E 28.2 vs industry 25.3 In-lineROCE 10.7% vs industry 9.3% Average3Y sales CAGR: 40% High growth

Weights: Health 30% · Earnings Quality 25% · Momentum 20% · Industry Rank 15% · Smart Money 10%. Scores are computed from reported financials and recalculated daily. Not investment advice.

Share Price and Basic Stock Data

Last Updated: April 2, 2026, 4:19 am

Market Cap 27.1 Cr.
Current Price 13.4
Intrinsic Value₹15.78
High / Low 19.3/9.55
Stock P/E28.2
Book Value 10.3
Dividend Yield0.00 %
ROCE10.7 %
ROE%
Face Value 10.0
PEG Ratio0.00

Stock P/E, Current Price, and Intrinsic Value Over Time

View Share Price Target for Cella Space Ltd

Competitors

Stock Name ⇩Market Cap ⇩Current Price ⇩High / Low ⇩Stock P/E ⇩Book Value ⇩Dividend Yield ⇩ROCE ⇩ROE ⇩Face Value ⇩
Cella Space Ltd 27.1 Cr. 13.4 19.3/9.5528.2 10.30.00 %10.7 %% 10.0
Genus Paper & Boards Ltd 266 Cr. 10.4 22.0/8.6528.3 20.30.00 %4.73 %0.61 % 1.00
West Coast Paper Mills Ltd 2,877 Cr. 434 583/37520.2 5361.15 %11.5 %9.49 % 2.00
Seshasayee Paper & Boards Ltd (SESHAPAPER) 1,604 Cr. 254 324/21219.2 3200.98 %7.04 %5.60 % 2.00
Shrenik Ltd 23.3 Cr. 0.38 0.77/0.3617.9 2.880.00 %%% 1.00
Industry Average694.36 Cr69.4125.25107.280.86%9.32%134.80%6.50

All Competitor Stocks of Cella Space Ltd

Quarterly Result

MetricDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Sales 1.161.371.221.251.271.611.901.761.742.011.851.881.92
Expenses 0.330.630.210.270.270.960.520.550.540.830.430.500.49
Operating Profit 0.830.741.010.981.000.651.381.211.201.181.421.381.43
OPM % 71.55%54.01%82.79%78.40%78.74%40.37%72.63%68.75%68.97%58.71%76.76%73.40%74.48%
Other Income 0.56-0.500.000.000.061.790.090.090.100.130.110.090.04
Interest 0.440.500.940.850.740.750.750.700.660.630.940.930.92
Depreciation 0.210.300.320.310.320.240.370.370.360.390.370.370.37
Profit before tax 0.74-0.56-0.25-0.180.001.450.350.230.280.290.220.170.18
Tax % 0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%10.34%0.00%0.00%0.00%
Net Profit 0.74-0.56-0.25-0.180.011.450.350.230.290.260.220.170.18
EPS in Rs 0.39-0.28-0.13-0.090.010.760.170.110.140.130.110.090.09

Last Updated: February 28, 2025, 12:40 pm

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: March 15, 2025, 4:04 am

MetricMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales 196.70203.77202.44154.0499.4927.541.520.002.693.285.347.417.66
Expenses 176.02184.95190.00152.18105.3064.283.144.902.471.371.702.442.25
Operating Profit 20.6818.8212.441.86-5.81-36.74-1.62-4.900.221.913.644.975.41
OPM % 10.51%9.24%6.15%1.21%-5.84%-133.41%-106.58%8.18%58.23%68.16%67.07%70.63%
Other Income -0.440.420.78-7.44-2.181.14-5.907.172.580.660.200.410.37
Interest 5.747.166.865.906.455.712.140.081.611.411.632.743.42
Depreciation 4.325.034.903.773.181.380.730.570.430.821.181.481.50
Profit before tax 10.187.051.46-15.25-17.62-42.69-10.391.620.760.341.031.160.86
Tax % 35.76%33.33%19.18%-22.89%-3.80%-13.73%-26.08%-17.28%0.00%0.00%0.00%2.59%
Net Profit 6.544.711.18-11.76-16.95-36.83-7.681.890.760.331.031.130.83
EPS in Rs 4.002.860.71-7.16-10.31-22.41-4.441.040.420.190.540.560.42
Dividend Payout % 52.55%52.47%84.31%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2012-20132013-20142014-20152015-20162016-20172017-20182018-20192019-20202020-20212021-20222022-2023
YoY Net Profit Growth (%)-27.98%-74.95%-1096.61%-44.13%-117.29%79.15%124.61%-59.79%-56.58%212.12%9.71%
Change in YoY Net Profit Growth (%)0.00%-46.97%-1021.66%1052.48%-73.15%196.43%45.46%-184.40%3.21%268.70%-202.41%

Cella Space Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2012-2013 to 2022-2023.

Growth

Compounded Sales Growth
10 Years:-28%
5 Years:37%
3 Years:40%
TTM:9%
Compounded Profit Growth
10 Years:-14%
5 Years:-33%
3 Years:44%
TTM:43%
Stock Price CAGR
10 Years:1%
5 Years:29%
3 Years:27%
1 Year:15%
Return on Equity
10 Years:%
5 Years:%
3 Years:%
Last Year:%

Last Updated: September 5, 2025, 2:51 pm

Balance Sheet

Last Updated: March 3, 2026, 12:43 am

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital 16.4416.4416.4416.4416.4416.4417.3018.2019.1519.1519.1520.1520.15
Reserves 25.6727.4827.4915.10-1.85-39.08-44.32-43.30-43.75-43.44-42.41-41.25-40.84
Borrowings 47.7243.3745.1948.7642.8153.3533.5126.5839.0949.3659.3257.5457.58
Other Liabilities 48.8746.9249.8139.4736.3811.7210.699.345.404.618.227.516.46
Total Liabilities 138.70134.21138.93119.7793.7842.4317.1810.8219.8929.6844.2843.9543.35
Fixed Assets 74.7374.5171.4558.3655.039.667.709.399.2526.7539.4239.1538.43
CWIP 0.160.020.170.180.23-0.00-0.00-0.009.021.730.33-0.00-0.00
Investments 0.740.740.740.740.530.020.020.010.010.010.010.010.01
Other Assets 63.0758.9466.5760.4937.9932.759.461.421.611.194.524.794.91
Total Assets 138.70134.21138.93119.7793.7842.4317.1810.8219.8929.6844.2843.9543.35

Reserves and Borrowings Chart

Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity + 18.3519.668.525.6511.37-8.638.9610.63-0.961.485.303.07
Cash from Investing Activity + -25.10-4.17-1.42-1.480.520.989.54-3.83-9.17-11.04-12.40-0.77
Cash from Financing Activity + 7.75-15.59-7.91-3.50-12.396.28-12.57-2.4213.408.838.33-3.52
Net Cash Flow 1.00-0.10-0.810.67-0.50-1.375.934.383.27-0.721.23-1.22
Free Cash Flow -7.0514.986.583.6711.40-8.3518.466.85-10.19-9.57-7.152.23
CFO/OP 104%119%73%325%-197%23%-559%-217%-386%91%160%76%

Free Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Free Cash Flow-27.04-24.55-32.75-46.90-48.62-90.09-35.13-31.48-38.87-47.45-55.68-52.57

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days 46.8454.2064.7661.4761.0544.27429.8420.3536.7225.2926.60
Inventory Days 61.7833.0343.2066.2056.4315.020.00
Days Payable 61.7859.5667.1065.52102.2481.88
Cash Conversion Cycle 46.8427.6740.8662.1415.24-22.59429.8420.3536.7225.2926.60
Working Capital Days -21.34-9.58-3.05-9.34-66.95-160.37-5,746.35-3,218.51-1,268.60-587.83-438.39
ROCE %20.77%16.22%9.44%-1.01%-11.91%-83.83%40.49%-37.11%5.30%8.81%8.68%10.73%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthMar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Promoters 58.49%58.49%58.49%58.49%58.50%58.50%58.50%58.50%58.50%58.50%58.50%58.50%
Public 41.50%41.49%41.50%41.50%41.49%41.50%41.51%41.51%41.49%41.50%41.50%41.50%
No. of Shareholders 7,5627,3377,5427,4577,3677,8197,7087,5607,4647,3807,3567,308

Shareholding Pattern Chart

No. of Shareholders

Cella Space Ltd: Intrinsic Value & Share Price Analysis - Shareholder trend analysis

This stock is not held by any mutual fund.

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 23Mar 22Mar 21Mar 20Mar 19
FaceValue 10.0010.0010.0010.0010.00
Basic EPS (Rs.) 0.560.540.170.411.04
Diluted EPS (Rs.) 0.560.540.170.410.98
Cash EPS (Rs.) 1.291.160.600.621.36
Book Value[Excl.RevalReserv]/Share (Rs.) -10.43-12.10-12.64-12.79-13.70
Book Value[Incl.RevalReserv]/Share (Rs.) -10.43-12.10-12.64-12.79-13.70
Revenue From Operations / Share (Rs.) 3.672.791.711.400.00
PBDIT / Share (Rs.) 2.672.011.340.44-0.52
PBIT / Share (Rs.) 1.941.390.900.22-0.84
PBT / Share (Rs.) 0.570.530.170.390.88
Net Profit / Share (Rs.) 0.560.530.170.391.04
NP After MI And SOA / Share (Rs.) 0.560.530.180.421.04
PBDIT Margin (%) 72.7171.9678.1931.840.00
PBIT Margin (%) 52.7049.8053.1415.840.00
PBT Margin (%) 15.7019.3010.2028.230.00
Net Profit Margin (%) 15.2419.3010.1828.230.00
NP After MI And SOA Margin (%) 15.2419.3210.9430.130.00
Return on Networth / Equity (%) -5.34-4.43-1.47-3.29-7.57
Return on Capital Employeed (%) 12.057.7910.00-9.5511.09
Return On Assets (%) 2.562.321.204.0717.58
Long Term Debt / Equity (X) -1.88-1.81-1.12-0.280.00
Total Debt / Equity (X) -2.27-2.10-1.47-1.11-0.63
Asset Turnover Ratio (%) 0.160.140.130.170.00
Current Ratio (X) 0.230.280.070.050.05
Quick Ratio (X) 0.230.280.070.050.05
Interest Coverage Ratio (X) 1.972.361.820.53-11.81
Interest Coverage Ratio (Post Tax) (X) 1.411.631.240.26-15.48
Enterprise Value (Cr.) 74.7271.8157.6843.9036.62
EV / Net Operating Revenue (X) 10.0913.4517.6016.330.00
EV / EBITDA (X) 13.8818.6922.5051.27-37.99
MarketCap / Net Operating Revenue (X) 2.322.563.172.190.00
Price / BV (X) -0.81-0.58-0.42-0.23-0.40
Price / Net Operating Revenue (X) 2.322.573.172.190.00
EarningsYield 0.060.070.030.130.18

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

About the Company - Qualitative Analysis

Cella Space Ltd. is a Public Limited Listed company incorporated on 03/10/1991 and has its registered office in the State of Kerala, India. Company's Corporate Identification Number(CIN) is L93000KL1991PLC006207 and registration number is 006207. Currently Company is involved in the business activities of Warehousing non-refrigerated. Company's Total Operating Revenue is Rs. 2.46 Cr. and Equity Capital is Rs. 20.15 Cr. for the Year ended 31/03/2025.
INDUSTRYADDRESSCONTACT
Paper & Paper Products57/2993,Sree Kailas Paliam Road, Cochin Kerala 682016Contact not found
Management
NamePosition Held
Mr. N SubramanianChairman(NonExe.&Ind.Director)
Mr. S RajkumarVice Chairman & Mng.Director
Mr. Kul Bhushan JainInd. Non-Executive Director
Mr. Akhilesh AgarwalInd. Non-Executive Director
Mr. V ManoharanInd. Non-Executive Director
Mr. Visakh RajkumarNon-Executive Promoter Director
Mrs. Rajee RajkumarNon-Executive Promoter Director
Mr. S SubramoniamNon-Executive Promoter Director
Mrs. E KamalamNon-Executive Promoter Director

FAQ

What is the intrinsic value of Cella Space Ltd and is it undervalued?

As of 14 April 2026, Cella Space Ltd's intrinsic value is ₹15.78, which is 17.76% higher than the current market price of ₹13.40, suggesting the stock is undervalued. This is calculated using the PE ratio method factoring in ROE (%), book value (₹10.3), dividend yield (0.00 %), and 5-year EPS CAGR.

What is the current share price and 52-week range of Cella Space Ltd?

Cella Space Ltd is trading at ₹13.40 as of 14 April 2026, with a FY2026-2027 high of ₹19.3 and low of ₹9.55. The stock is currently in the middle of its 52-week range. Market cap stands at ₹27.1 Cr..

How does Cella Space Ltd's P/E ratio compare to its industry?

Cella Space Ltd has a P/E ratio of 28.2, which is above the industry average of 25.25. The premium over industry average may reflect growth expectations or speculative interest.

Is Cella Space Ltd financially healthy?

Key indicators for Cella Space Ltd: ROCE of 10.7 % is moderate; ROE of % is below ideal levels (industry average: 134.80%). Dividend yield is 0.00 %.

Is Cella Space Ltd profitable and how is the profit trend?

Cella Space Ltd reported a net profit of ₹1 Cr in Mar 2023 on revenue of ₹7 Cr. Compared to ₹1 Cr in Mar 2020, the net profit shows an improving trend.

Does Cella Space Ltd pay dividends?

Cella Space Ltd has a dividend yield of 0.00 % at the current price of ₹13.40. The company is currently not paying meaningful dividends.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in Cella Space Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE
Explore Industry-wise Stock Analysis Reports