Astron Paper & Board Mill Ltd
Astron Paper and Board mill Ltd is a paper manufacturing company. It is engaged in the manufacturing of Kraft Paper from waste paper. [1]
- Market Cap ₹ 108 Cr.
- Current Price ₹ 23.2
- High / Low ₹ 40.9 / 19.0
- Stock P/E
- Book Value ₹ 33.5
- Dividend Yield 0.00 %
- ROCE -9.37 %
- ROE -14.0 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.69 times its book value
Cons
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of 9.47% over past five years.
- Promoter holding is low: 27.1%
- Company has a low return on equity of -1.04% over last 3 years.
- Promoter holding has decreased over last 3 years: -18.9%
* 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.
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|
251 | 373 | 358 | 434 | 512 | 395 | 324 | |
219 | 320 | 322 | 403 | 484 | 412 | 316 | |
Operating Profit | 32 | 53 | 36 | 32 | 28 | -18 | 8 |
OPM % | 13% | 14% | 10% | 7% | 5% | -4% | 3% |
1 | 1 | 1 | 2 | 1 | 1 | 1 | |
Interest | 10 | 11 | 11 | 11 | 10 | 11 | 12 |
Depreciation | 4 | 5 | 6 | 7 | 7 | 7 | 7 |
Profit before tax | 19 | 38 | 20 | 16 | 12 | -35 | -10 |
Tax % | -10% | 28% | 33% | 34% | 34% | 31% | |
21 | 28 | 13 | 10 | 8 | -24 | -6 | |
EPS in Rs | 4.48 | 5.94 | 2.85 | 2.20 | 1.74 | -5.15 | -1.40 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 9% |
3 Years: | 3% |
TTM: | -28% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
TTM: | 59% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | -26% |
3 Years: | -18% |
1 Year: | -11% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 4% |
3 Years: | -1% |
Last Year: | -14% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|
Equity Capital | 46 | 46 | 46 | 46 | 46 | 46 | 46 |
Reserves | 80 | 105 | 119 | 129 | 137 | 113 | 109 |
75 | 68 | 73 | 58 | 76 | 84 | 84 | |
31 | 92 | 90 | 90 | 90 | 68 | 65 | |
Total Liabilities | 232 | 313 | 329 | 323 | 350 | 312 | 304 |
90 | 138 | 151 | 149 | 144 | 155 | 153 | |
CWIP | 13 | 2 | 0 | 7 | 8 | 0 | 0 |
Investments | 0 | 1 | 1 | 2 | 2 | 1 | 1 |
128 | 172 | 176 | 166 | 197 | 155 | 150 | |
Total Assets | 232 | 313 | 329 | 323 | 350 | 312 | 304 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|
5 | 46 | 28 | 35 | -10 | 11 | |
-28 | -28 | -18 | -5 | -3 | -10 | |
38 | -33 | -4 | -24 | 11 | -0 | |
Net Cash Flow | 15 | -15 | 5 | 6 | -2 | 1 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|
Debtor Days | 86 | 84 | 96 | 67 | 70 | 60 |
Inventory Days | 75 | 95 | 88 | 61 | 50 | 58 |
Days Payable | 53 | 110 | 127 | 92 | 75 | 76 |
Cash Conversion Cycle | 108 | 69 | 57 | 36 | 45 | 42 |
Working Capital Days | 93 | 61 | 77 | 62 | 77 | 71 |
ROCE % | 23% | 14% | 11% | 9% | -9% |
Documents
Announcements
- Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 30 Apr
- Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 30 Apr
- Submission Of Certificate Under Regulation 40 (10) Of SEBI (LODR) Regulations, 2015 13 Apr
-
Announcement under Regulation 30 (LODR)-Credit Rating
6 Apr - Ratings assigned by Informerics Ratings vide their letter dated 5th April, 2024.
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
5 Apr - Certificate under regulation 74(5) of the SEBI (Depository and Participants), 2018 for the period ended on 31st, March, 2024.
Product Portfolio
The product portfolio of the company consists of Fluting Medium Paper, Test Liners, VTL (Virgin Top Liner), Kraft Liner, H-RCT Kraft Liner, etc. [1]
The packaging paper of the company is used by the packaging industry for making corrugated boxes, sacks, liners, and composite containers. [2]