Shree Karthik Papers Ltd

Shree Karthik Papers Ltd

₹ 9.90 3.88%
28 Mar - close price
About

Incorporated in 1994, Shree Karthik Papers
Ltd manufactures writing and printing papers.

Key Points

Product Profile:[1]
a) Maplitho
b) Super Cream Wove
c) Cream Wove
d) White Wove
e) White Printing
f) Newsprint
g) Deluxe Semi Printing

  • Market Cap 18.9 Cr.
  • Current Price 9.90
  • High / Low 16.0 / 6.00
  • Stock P/E 22.5
  • Book Value 1.26
  • Dividend Yield 0.00 %
  • ROCE 5.12 %
  • ROE 22.9 %
  • Face Value 5.00

Pros

  • Debtor days have improved from 59.7 to 43.6 days.
  • Company's working capital requirements have reduced from 71.8 days to 35.5 days

Cons

  • Stock is trading at 7.88 times its book value
  • Company has a low return on equity of -14.1% over last 3 years.
  • Company might be capitalizing the interest cost

* 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.

Peer comparison

Sector: Paper Industry: Paper

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Quarterly Results

Figures in Rs. Crores

Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
3.62 10.42 5.09 8.34 13.31 17.42 21.50 23.01 20.83 18.71 20.11 15.45 14.66
3.94 8.34 4.45 8.26 15.49 13.93 22.06 22.05 19.48 18.23 19.50 14.70 13.80
Operating Profit -0.32 2.08 0.64 0.08 -2.18 3.49 -0.56 0.96 1.35 0.48 0.61 0.75 0.86
OPM % -8.84% 19.96% 12.57% 0.96% -16.38% 20.03% -2.60% 4.17% 6.48% 2.57% 3.03% 4.85% 5.87%
0.01 0.06 0.01 0.01 0.01 0.11 0.05 0.06 0.03 0.08 0.04 0.03 0.03
Interest 0.30 0.29 0.23 0.29 0.25 0.26 0.25 0.23 0.24 0.25 0.24 0.23 0.21
Depreciation 0.30 0.36 0.30 0.30 0.30 0.15 0.30 0.30 0.30 0.11 0.30 0.30 0.30
Profit before tax -0.91 1.49 0.12 -0.50 -2.72 3.19 -1.06 0.49 0.84 0.20 0.11 0.25 0.38
Tax % 0.00% 1.34% 16.67% 12.00% -3.68% -0.63% 4.72% 4.08% 4.76% 20.00% 0.00% 8.00% 7.89%
-0.91 1.46 0.09 -0.44 -2.82 3.20 -1.01 0.47 0.80 0.16 0.11 0.22 0.35
EPS in Rs -0.48 0.76 0.05 -0.23 -1.48 1.67 -0.53 0.25 0.42 0.08 0.06 0.12 0.18
Raw PDF

Profit & Loss

Figures in Rs. Crores

Jun 2012 Jun 2013 Jun 2014 Jun 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
21.45 30.17 32.46 36.45 26.34 47.44 57.17 62.40 44.20 18.66 43.74 83.80 68.93
18.63 28.01 30.12 33.14 23.05 43.29 51.38 72.10 41.16 17.74 41.72 81.57 66.23
Operating Profit 2.82 2.16 2.34 3.31 3.29 4.15 5.79 -9.70 3.04 0.92 2.02 2.23 2.70
OPM % 13.15% 7.16% 7.21% 9.08% 12.49% 8.75% 10.13% -15.54% 6.88% 4.93% 4.62% 2.66% 3.92%
0.10 0.10 0.10 0.13 0.13 0.13 0.02 0.14 0.24 0.09 0.14 0.22 0.18
Interest 2.04 1.39 1.84 1.96 0.90 0.71 1.06 1.34 1.94 1.17 1.03 0.97 0.93
Depreciation 0.40 0.39 0.47 0.75 0.67 0.81 1.00 1.18 1.21 1.11 1.05 1.01 1.01
Profit before tax 0.48 0.48 0.13 0.73 1.85 2.76 3.75 -12.08 0.13 -1.27 0.08 0.47 0.94
Tax % 20.83% 14.58% 0.00% 0.00% 0.00% 20.29% 1.60% -2.15% 92.31% -6.30% 50.00% 10.64%
0.38 0.41 0.12 0.72 1.85 2.20 3.69 -12.34 0.01 -1.36 0.04 0.42 0.84
EPS in Rs 0.20 0.21 0.06 0.38 0.97 1.15 1.93 -6.46 0.01 -0.71 0.02 0.22 0.44
Dividend Payout % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: 15%
5 Years: 8%
3 Years: 24%
TTM: -17%
Compounded Profit Growth
10 Years: 1%
5 Years: -35%
3 Years: 248%
TTM: -76%
Stock Price CAGR
10 Years: %
5 Years: 0%
3 Years: 65%
1 Year: 65%
Return on Equity
10 Years: -7%
5 Years: -68%
3 Years: -14%
Last Year: 23%

Balance Sheet

Figures in Rs. Crores

Jun 2012 Jun 2013 Jun 2014 Jun 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 9.56 9.56 9.56 9.56 9.56 9.56 9.56 9.56 9.56 9.56 9.56 9.56 9.56
Reserves -2.33 -1.92 -1.80 -1.37 0.48 2.58 6.27 -6.09 -6.20 -7.50 -7.98 -7.47 -7.16
15.10 14.74 22.18 21.43 24.93 27.10 30.76 28.61 26.77 25.51 26.19 26.40 24.88
2.02 1.84 2.08 3.85 3.40 5.93 8.55 8.49 11.03 8.61 8.52 13.27 11.57
Total Liabilities 24.35 24.22 32.02 33.47 38.37 45.17 55.14 40.57 41.16 36.18 36.29 41.76 38.85
10.84 10.61 11.85 13.10 12.99 12.41 18.30 18.97 18.15 17.08 16.27 16.20 15.66
CWIP 0.00 0.00 1.07 0.00 0.00 3.03 0.87 0.87 0.00 0.00 0.00 0.00 0.00
Investments 0.00 0.00 2.86 0.00 0.00 0.00 0.00 0.03 0.00 0.00 0.00 0.06 0.06
13.51 13.61 16.24 20.37 25.38 29.73 35.97 20.70 23.01 19.10 20.02 25.50 23.13
Total Assets 24.35 24.22 32.02 33.47 38.37 45.17 55.14 40.57 41.16 36.18 36.29 41.76 38.85

Cash Flows

Figures in Rs. Crores

Jun 2012 Jun 2013 Jun 2014 Jun 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
-9.23 -2.13 4.31 1.10 5.37 3.50 0.92 2.31 3.63
1.63 -0.56 -3.26 -4.73 -1.88 0.25 0.06 0.72 -1.89
7.47 2.68 -0.98 3.58 -3.49 -3.76 -0.98 -3.01 -1.73
Net Cash Flow -0.12 -0.01 0.06 -0.05 0.00 -0.01 0.00 0.02 0.01

Ratios

Figures in Rs. Crores

Jun 2012 Jun 2013 Jun 2014 Jun 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 42.03 38.96 41.27 43.76 70.39 40.47 52.54 59.72 76.80 107.97 27.45 43.56
Inventory Days 300.08 165.16 194.11 241.37 437.90 242.81 231.03 25.99 79.50 223.97 130.55 51.39
Days Payable 32.14 15.81 18.69 38.47 52.49 45.70 55.36 39.46 135.44 268.54 81.04 67.60
Cash Conversion Cycle 309.97 188.31 216.69 246.67 455.81 237.58 228.22 46.25 20.86 63.40 76.96 27.34
Working Capital Days 182.76 132.84 148.65 154.31 292.11 161.11 143.14 29.13 35.67 110.71 69.18 35.54
ROCE % 12.35% 8.37% 7.53% 9.03% 8.47% 9.35% 11.21% -27.30% 6.65% -0.35% 4.01% 5.12%

Shareholding Pattern

Numbers in percentages

Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
74.52% 74.52% 74.52% 74.52% 74.52% 74.52% 74.52% 74.52% 74.52% 74.52% 74.52% 74.52%
0.50% 0.50% 0.50% 0.50% 0.50% 0.50% 0.50% 0.50% 0.50% 0.50% 0.50% 0.50%
0.14% 0.14% 0.14% 0.14% 0.14% 0.14% 0.15% 0.15% 0.15% 0.15% 0.15% 0.15%
24.83% 24.83% 24.83% 24.83% 24.83% 24.83% 24.82% 24.83% 24.84% 24.83% 24.84% 24.82%
No. of Shareholders 6,3076,2996,2955,8127,0166,9976,9046,9176,9506,9457,0887,409

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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