JK Paper

₹356.7 2.9 | 0.8%

WEBSITE BSE:532162 NSE : JK PAPER 10 May, 16:01

Market Cap ₹6043 Cr.

Stock P/E 5.4

P/B 1.2

Current Price ₹356.7

Book Value ₹ 286

Face Value 10

52W High ₹452

Dividend Yield 2.24%

52W Low ₹ 306.6

Edit Ratio

JK Paper Research see more...

Fundamental Analysis of JK Paper

Overview Inc. Year: 1960Industry: Paper & Paper Products

JK Paper Ltd is a paper manufacturing organization. The Company's merchandise/offerings comprises Paper and Paper board. The Company gives products under diverse classes, consisting of coated paper and board, uncoated paper and board, packaging large and workplace documentation. Its workplace documentation products include JK Copier Plus, JK Copier, JK Easy Copier, JK CMax, JK Cedar, JK Excel Bond, JK Bond and JK Ledger. Its uncoated paper and board products encompass JK SS Maplitho (SHB), JK MICR Cheque paper and JK SS pulpboard. Its coated paper and board merchandise include JK Cote (Matt/Gloss), JK Superkote/JK Cote Premium and JK Cote Chromo (Matt/Gloss). Its packaging boards consist of JK Ultima, JK TuffCote, JK TuffPac, JK Endura, JK Club Card and JK IV Board. Its workplace documentation papers consist of photocopy and multi-cause papers for use in desktop, inkjet and laser printers, fax machines, photocopiers and other gadgets. Its manufacturing devices include JK Paper Mills and Central Pulp Mills.

JK Paper Share Price

New

Volume

Price

Price: NSE50 DMA200 DMAVolume

Quarterly Price

Quarterly Monthly

Show Value Show %

Peer Comparison

JK Paper Quarterly Results

#(Fig in Cr.)	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023
Net Sales	944	1024	1340	1430	1644	1643	1719	1584	1650	1706
Other Income	35	33	22	35	48	49	41	55	59	56
Total Income	980	1056	1362	1465	1692	1692	1760	1639	1709	1762
Total Expenditure	725	772	1004	1007	1105	1078	1236	1107	1243	1334
Operating Profit	255	284	358	458	587	614	525	532	466	428
Interest	37	29	32	29	36	94	63	51	42	80
Depreciation	45	45	60	65	67	70	81	80	84	83
Exceptional Income / Expenses	0	0	0	0	-34	0	0	0	0	0
Profit Before Tax	173	210	266	364	451	451	381	401	341	265
Provision for Tax	54	59	96	100	124	117	98	88	35	28
Profit After Tax	118	151	170	264	327	334	284	313	306	236
Adjustments	0	-1	-0	-2	-3	-4	-3	-4	-3	-1
Profit After Adjustments	118	150	170	262	324	329	280	309	302	235
Adjusted Earnings Per Share	7	8.9	10	15.5	19.1	19.4	16.5	18.2	17.8	13.9

JK Paper Profit & Loss

#(Fig in Cr.)	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	TTM
Net Sales	1459	1738	2160	2437	2629	2844	3257	3060	2751	3969	6437	6659
Other Income	10	13	9	14	35	42	50	104	113	138	173	211
Total Income	1470	1751	2169	2451	2664	2887	3307	3164	2863	4106	6609	6870
Total Expenditure	1320	1597	1902	2048	2112	2243	2389	2189	2189	2971	4425	4920
Operating Profit	150	153	267	403	552	644	918	975	674	1135	2184	1951
Interest	54	129	205	196	188	146	124	129	130	145	222	236
Depreciation	74	127	116	118	121	122	128	149	174	193	282	328
Exceptional Income / Expenses	16	-17	-6	0	0	0	0	0	0	0	-34	0
Profit Before Tax	38	-119	-60	89	244	375	666	696	370	797	1646	1388
Provision for Tax	-0	-44	-41	28	69	115	241	228	133	253	438	249
Profit After Tax	38	-75	-18	61	174	261	425	468	237	544	1208	1139
Adjustments	-0	-0	0	-5	-3	0	2	7	3	-1	-12	-11
Profit After Adjustments	38	-75	-18	56	172	261	427	475	240	543	1196	1126
Adjusted Earnings Per Share	2.8	-5.5	-1.3	3.8	11	14.8	24	26.7	14.2	32	70.6	66.4

Growth Rates

#	1 Year	3 Year	5 Year	10 Year
Sales CAGR	62%	28%	18%	16%
Operating Profit CAGR	92%	31%	28%	31%
PAT CAGR	122%	37%	36%	41%

#	1 Year	3 Year	5 Year	10 Year
Share Price CAGR	-6%	36%	21%	28%
ROE Average	34%	21%	22%	13%
ROCE Average	29%	19%	20%	14%

JK Paper Balance Sheet

#(Fig in Cr.)	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Shareholder's Funds	875	800	776	1102	1321	1643	2038	2365	2516	2996	4034
Minority's Interest	0	0	0	0	0	0	51	8	5	6	131
Borrowings	1514	1739	1613	1415	1299	971	1287	1425	2358	2666	2137
Other Non-Current Liabilities	151	115	75	127	159	202	305	468	530	658	989
Total Current Liabilities	563	883	865	834	816	792	840	1024	1146	1298	1629
Total Liabilities	3103	3538	3328	3478	3596	3608	4522	5290	6555	7625	8920
Fixed Assets	824	2577	2370	2752	2636	2604	2653	3088	2976	5226	5703
Other Non-Current Assets	1692	106	89	97	115	152	468	776	1965	372	505
Total Current Assets	560	833	842	630	844	852	1400	1427	1614	2026	2704
Total Assets	3103	3538	3328	3478	3596	3608	4522	5290	6555	7625	8920

JK Paper Cash Flow

#(Fig in Cr.)	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Opening Cash & Cash Equivalents	148	34	12	18	16	30	123	27	42	6	9
Cash Flow from Operating Activities	91	137	260	405	565	560	879	558	475	774	1762
Cash Flow from Investing Activities	-794	-332	-14	-34	-262	40	-1115	-395	-1282	-874	-967
Cash Flow from Financing Activities	589	173	-240	-373	-289	-507	140	-148	784	103	-787
Net Cash Inflow / Outflow	-114	-22	6	-2	14	93	-97	15	-23	3	8
Closing Cash & Cash Equivalent	34	12	18	16	30	123	27	42	20	9	36

JK Paper Ratios

#	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Earnings Per Share (Rs)	2.78	-5.47	-1.35	3.77	11.02	14.85	23.97	26.67	14.16	32.03	70.59
CEPS(Rs)	8.19	3.79	7.12	12.05	18.93	21.82	31	34.67	24.26	43.5	87.96
DPS(Rs)	0.5	0	0	0.5	1.5	2.5	3.5	4	4	5.5	8
Book NAV/Share(Rs)	61.78	56.66	54.6	74.2	84.72	93.62	114.35	132.71	148.53	176.86	238.13
Core EBITDA Margin(%)	8.07	6.89	10.19	13.43	17.13	19.27	24.86	26.4	18.72	23.5	29.71
EBIT Margin(%)	5.32	0.46	5.75	9.83	14.29	16.71	22.63	25.02	16.66	22.19	27.6
Pre Tax Margin(%)	2.21	-5.83	-2.35	3.06	8.07	12.03	19.07	21.1	12.34	18.77	24.31
PAT Margin (%)	2.21	-3.66	-0.73	2.1	5.78	8.35	12.17	14.19	7.89	12.81	17.84
Cash Profit Margin (%)	6.48	2.54	3.84	6.18	9.78	12.27	15.82	18.72	13.7	17.36	22
ROA(%)	1.39	-2.25	-0.54	1.78	4.93	7.23	10.45	9.55	4	7.67	14.61
ROE(%)	4.51	-9.23	-2.42	6.57	14.4	17.58	23.09	21.27	9.7	19.73	34.37
ROCE(%)	4.02	0.33	4.96	9.75	14.34	17.46	24.12	21.31	10.58	16.46	28.82
Receivable days	27.84	25.93	22.81	17.98	15.12	12.86	9.54	8.14	9.3	12.74	15.27
Inventory Days	40.17	45.45	47.98	44.67	43.42	45.45	38.7	46.7	53.6	38.79	36.07
Payable days	84.63	80.5	85.2	70.52	69.42	78.06	79.19	128.3	150.32	147.21	107.77
PER(x)	10.09	0	0	11.26	8.6	9.11	5.96	2.8	10.58	9.5	5.41
Price/Book(x)	0.45	0.53	0.58	0.57	1.12	1.44	1.25	0.56	1.01	1.72	1.6
Dividend Yield(%)	1.78	0	0	1.18	1.58	1.85	2.45	5.37	2.67	1.81	2.1
EV/Net Sales(x)	1.46	1.52	1.17	1.03	1.2	1.25	1.25	1	1.93	2.08	1.43
EV/Core EBITDA(x)	14.23	17.22	9.42	6.21	5.7	5.53	4.45	3.15	7.87	7.29	4.22
Net Sales Growth(%)	9.7	19.11	24.29	12.83	7.85	8.2	14.5	-6.03	-10.11	44.27	62.2
EBIT Growth(%)	-10.29	-89.75	1447.45	95.45	51.34	20.93	51.59	4.46	-39.44	88.33	98.46
PAT Growth(%)	-20.64	-295.83	75.34	429.75	187.27	49.34	63.07	10.23	-49.46	129.73	122.17
EPS Growth(%)	-21.69	-296.68	75.39	379.74	192.57	34.77	61.45	11.24	-46.88	126.13	120.38
Debt/Equity(x)	2.11	2.9	2.82	1.72	1.28	0.8	0.77	0.75	1.11	1.05	0.69
Current Ratio(x)	0.99	0.94	0.97	0.75	1.03	1.08	1.67	1.39	1.41	1.56	1.66
Quick Ratio(x)	0.61	0.61	0.54	0.35	0.57	0.58	1.25	0.91	1.07	1.16	1.16
Interest Cover(x)	1.71	0.07	0.71	1.45	2.3	3.57	6.35	6.39	3.85	6.49	8.4
Total Debt/Mcap(x)	4.66	5.52	4.87	3	1.15	0.55	0.61	1.34	1.1	0.61	0.43

JK Paper Shareholding Pattern

#	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024
Promoter	49.52	49.63	49.63	49.63	49.63	49.63	49.63	49.63	49.63	49.63
FII	3.89	3.53	3.43	6.05	9.43	11.49	10.46	10.9	10.75	9.26
DII	2.52	3.5	5.87	4.46	2.92	2.84	3.11	3.18	3.37	3.72
Public	44.07	43.34	41.07	39.85	38.02	36.04	36.79	36.29	36.25	37.39
Others	0	0	0	0	0	0	0	0	0	0
Total	100	100	100	100	100	100	100	100	100	100

#	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024
Promoter	8.39	8.41	8.41	8.41	8.41	8.41	8.41	8.41	8.41	8.41
FII	0.66	0.6	0.58	1.03	1.6	1.95	1.77	1.85	1.82	1.57
DII	0.43	0.59	0.99	0.76	0.49	0.48	0.53	0.54	0.57	0.63
Public	7.47	7.34	6.96	6.75	6.44	6.1	6.23	6.15	6.14	6.33
Others	0	0	0	0	0	0	0	0	0	0
Total	16.94	16.94	16.94	16.94	16.94	16.94	16.94	16.94	16.94	16.94

Pros

Company has delivered good profit growth of 35% CAGR over last 5 years
Company has a good return on equity (ROE) track record: 3 Years ROE 21%
Debtor days have improved from 147.21 to 107.77days.
Company has reduced debt.

Cons

Promoter holding is low: 49.63%.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

JK Paper News

IPO

Companies	Open Date	Close Date	Issue Price	Cost of 1 Lot	GMP	Expected Listing	Listing Gain(%)	Listing Price	Current Price	Type	Exchange

Companies	Open Date	Close Date	Issue Price	Cost of 1 Lot	GMP	Expected Listing	Listing Gain(%)	Listing Price	Current Price	Type	Exchange

Companies	Open Date	Close Date	Issue Price	Cost of 1 Lot	GMP	Expected Listing	Listing Gain(%)	Listing Price	Current Price	Type	Exchange

Companies	Open Date	Close Date	Issue Price	Cost of 1 Lot	GMP	Expected Listing	Listing Gain(%)	Listing Price	Current Price	Type	Exchange

Companies	Open Date	Close Date	Issue Price	Cost of 1 Lot	GMP	Expected Listing	Listing Gain(%)	Listing Price	Current Price	Type	Exchange

JK Paper

Add Watchlist

JK Paper Research see more...

Overview Inc. Year: 1960Industry: Paper & Paper Products

JK Paper Share Price

Alert Data

Quarterly Price

Peer Comparison

JK Paper Quarterly Results

JK Paper Profit & Loss

Growth Rates

JK Paper Balance Sheet

JK Paper Cash Flow

JK Paper Ratios

JK Paper Shareholding Pattern

JK Paper News

IPO

Stocx: India's #1 Marketplace to Find Your Winning Stock

Please Login!

Error!