Sharescart Research Club logo

JK Paper Overview

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 pa...Read More

Want to Start Investing in Top Unlisted Stocks?

Our experts help you choose the right stocks based on performance, risk, and growth potential.

JK Paper Key Financials

Market Cap ₹5723 Cr.

Stock P/E 13.9

P/B 1

Current Price ₹337.9

Book Value ₹ 324.5

Face Value 10

52W High ₹444.5

Dividend Yield 1.48%

52W Low ₹ 288

JK Paper Share Price

₹ | |

Volume
Price

JK Paper Quarterly Price

Show Value Show %

JK Paper Peer Comparison

JK Paper Quarterly Results

#(Fig in Cr.) Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025
Net Sales 1650 1706 1719 1714 1683 1632 1690 1674 1749 1763
Other Income 59 56 57 29 32 22 25 25 20 19
Total Income 1709 1762 1776 1743 1715 1654 1714 1699 1768 1782
Total Expenditure 1243 1334 1360 1433 1419 1464 1473 1427 1525 1586
Operating Profit 466 428 416 309 296 190 242 272 244 196
Interest 42 80 35 36 68 24 50 67 51 47
Depreciation 84 83 63 80 82 83 86 89 91 97
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 -14
Profit Before Tax 341 265 318 193 145 83 105 116 101 37
Provision for Tax 35 28 40 53 16 18 28 31 23 9
Profit After Tax 306 236 279 141 129 65 77 85 78 28
Adjustments -3 -1 -3 -1 -0 0 -1 -4 -3 -0
Profit After Adjustments 302 235 276 140 129 65 76 81 75 27
Adjusted Earnings Per Share 17.8 13.9 16.3 8.2 7.6 3.9 4.5 4.8 4.4 1.6

JK Paper Profit & Loss

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 2160 2437 2629 2844 3257 3060 2751 3969 6437 6659 6718 6876
Other Income 9 14 35 42 50 104 113 138 173 227 108 89
Total Income 2169 2451 2664 2887 3307 3164 2863 4106 6609 6886 6826 6963
Total Expenditure 1902 2048 2112 2243 2389 2189 2189 2971 4425 5044 5790 6011
Operating Profit 267 403 552 644 918 975 674 1135 2184 1843 1036 954
Interest 205 196 188 146 124 129 130 145 222 208 178 215
Depreciation 116 118 121 122 128 149 174 193 282 310 332 363
Exceptional Income / Expenses -6 0 0 0 0 0 0 0 -34 0 0 -14
Profit Before Tax -60 89 244 375 666 696 370 797 1646 1325 527 359
Provision for Tax -41 28 69 115 241 228 133 253 438 191 115 91
Profit After Tax -18 61 174 261 425 468 237 544 1208 1133 412 268
Adjustments 0 -5 -3 0 2 7 3 -1 -12 -11 -2 -8
Profit After Adjustments -18 56 172 261 427 475 240 543 1196 1122 410 259
Adjusted Earnings Per Share -1.3 3.8 11 14.8 24 26.7 14.2 32 70.6 66.2 24.2 15.3

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 1% 19% 17% 12%
Operating Profit CAGR -44% -3% 1% 15%
PAT CAGR -64% -9% -3% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR 13% -5% 18% 23%
ROE Average 8% 22% 19% 16%
ROCE Average 10% 20% 18% 16%

JK Paper Balance Sheet

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 776 1102 1321 1643 2038 2365 2516 2996 4034 5070 5407
Minority's Interest 0 0 0 0 51 8 5 6 131 142 248
Borrowings 1613 1415 1299 971 1287 1425 2358 2609 2083 1630 1274
Other Non-Current Liabilities 75 127 159 202 305 468 530 716 1043 1008 1078
Total Current Liabilities 865 834 816 792 840 1024 1146 1298 1629 1476 1533
Total Liabilities 3328 3478 3596 3608 4522 5290 6555 7625 8920 9326 9542
Fixed Assets 2370 2752 2636 2604 2653 3088 2976 5226 5703 5793 6205
Other Non-Current Assets 89 97 115 152 468 776 1965 372 505 475 475
Total Current Assets 842 630 844 852 1400 1427 1614 2026 2704 3058 2862
Total Assets 3328 3478 3596 3608 4522 5290 6555 7625 8920 9326 9542

JK Paper Cash Flow

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 12 18 16 30 123 27 42 6 9 36 64
Cash Flow from Operating Activities 260 405 565 560 879 558 475 774 1762 1376 613
Cash Flow from Investing Activities -14 -34 -262 40 -1115 -395 -1282 -874 -967 -411 -2
Cash Flow from Financing Activities -240 -373 -289 -507 140 -148 784 103 -787 -938 -656
Net Cash Inflow / Outflow 6 -2 14 93 -97 15 -23 3 8 27 -45
Closing Cash & Cash Equivalent 18 16 30 123 27 42 20 9 36 64 28

JK Paper Ratios

# Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) -1.35 3.77 11.02 14.85 23.97 26.67 14.16 32.03 70.59 66.22 24.19
CEPS(Rs) 7.12 12.05 18.93 21.82 31 34.67 24.26 43.5 87.96 85.2 43.9
DPS(Rs) 0 0.5 1.5 2.5 3.5 4 4 5.5 8 8.5 5
Book NAV/Share(Rs) 54.6 74.2 84.72 93.62 114.35 132.71 148.53 176.86 238.13 299.26 319.2
Core EBITDA Margin(%) 10.19 13.43 17.13 19.27 24.86 26.4 18.72 23.5 29.71 23.08 13.03
EBIT Margin(%) 5.75 9.83 14.29 16.71 22.63 25.02 16.66 22.19 27.6 21.9 9.9
Pre Tax Margin(%) -2.35 3.06 8.07 12.03 19.07 21.1 12.34 18.77 24.31 18.92 7.4
PAT Margin (%) -0.73 2.1 5.78 8.35 12.17 14.19 7.89 12.81 17.84 16.19 5.79
Cash Profit Margin (%) 3.84 6.18 9.78 12.27 15.82 18.72 13.7 17.36 22 20.62 10.44
ROA(%) -0.54 1.78 4.93 7.23 10.45 9.55 4 7.67 14.61 12.42 4.37
ROE(%) -2.42 6.57 14.4 17.58 23.09 21.27 9.7 19.73 34.37 24.9 7.86
ROCE(%) 4.96 9.75 14.34 17.46 24.12 21.31 10.58 16.55 29.07 21.91 9.79
Receivable days 22.81 17.98 15.12 12.86 9.54 8.14 9.3 12.74 15.27 18.53 20.34
Inventory Days 47.98 44.67 43.42 45.45 38.7 46.7 53.6 38.79 36.07 45.91 56.15
Payable days 85.2 70.52 69.42 78.06 79.19 128.3 150.32 147.21 107.77 91.21 80.28
PER(x) 0 11.26 8.6 9.11 5.96 2.8 10.58 9.5 5.41 4.87 12.9
Price/Book(x) 0.58 0.57 1.12 1.44 1.25 0.56 1.01 1.72 1.6 1.08 0.98
Dividend Yield(%) 0 1.18 1.58 1.85 2.45 5.37 2.67 1.81 2.1 2.64 1.6
EV/Net Sales(x) 1.17 1.03 1.2 1.25 1.25 1 1.93 2.07 1.42 1.13 1.04
EV/Core EBITDA(x) 9.42 6.21 5.7 5.53 4.45 3.15 7.87 7.24 4.19 4.09 6.77
Net Sales Growth(%) 24.29 12.83 7.85 8.2 14.5 -6.03 -10.11 44.27 62.2 3.46 0.88
EBIT Growth(%) 1447.45 95.45 51.34 20.93 51.59 4.46 -39.44 88.33 98.46 -17.99 -54.03
PAT Growth(%) 75.34 429.75 187.27 49.34 63.07 10.23 -49.46 129.73 122.17 -6.21 -63.64
EPS Growth(%) 75.39 379.74 192.57 34.77 61.45 11.24 -46.88 126.13 120.38 -6.19 -63.47
Debt/Equity(x) 2.82 1.72 1.28 0.8 0.77 0.75 1.11 1.03 0.68 0.42 0.33
Current Ratio(x) 0.97 0.75 1.03 1.08 1.67 1.39 1.41 1.56 1.66 2.07 1.87
Quick Ratio(x) 0.54 0.35 0.57 0.58 1.25 0.91 1.07 1.16 1.16 1.43 1.05
Interest Cover(x) 0.71 1.45 2.3 3.57 6.35 6.39 3.85 6.49 8.4 7.37 3.96
Total Debt/Mcap(x) 4.87 3 1.15 0.55 0.61 1.34 1.1 0.6 0.43 0.39 0.34

JK Paper Shareholding Pattern

# Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025
Promoter 49.63 49.63 49.63 49.63 49.63 49.63 49.63 49.63 49.63 49.63
FII 10.9 10.75 9.26 12.09 11.37 12.19 11.86 11.76 11.5 12.07
DII 3.18 3.37 3.72 5.72 5.59 5.33 5.12 5.09 5.17 5.46
Public 36.29 36.25 37.39 32.56 33.41 32.85 33.38 33.52 33.69 32.83
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

JK Paper News

JK Paper Pros & Cons

Pros

  • Company has a good return on equity (ROE) track record: 3 Years ROE 22%
  • Debtor days have improved from 91.21 to 80.28days.
  • Company has reduced debt.
  • Company is almost debt free.

Cons

  • Promoter holding is low: 49.63%.
  • The company has delivered a poor profit growth of -2% over past five years.
whatsapp