Coral Newsprints Ltd

₹ 10.2 -0.68%
05 Dec - close price
About

Incorporated in 1992, Coral News Prints Limited is engaged in manufacturing of Newsprints and Absorbent Kraft Papers of different grammages

Key Points

Product Portfolio:[1]
The newsprint is used for the publication of newspaper and magazines while Absorbent Kraft is used for manufacturing of Sunmica sheets.
a) Newsprint:[2]
Newsprint is low-cost, non-archival paper commonly used to print newspapers, and other publications and advertising material. Newsprint is used in printing of newspapers, flyers, and other printed material intended for mass distribution.
b) Absorbent Kraft Paper:[3]
Absorbent Kraft Paper has a good absorbance and penetrating power. The high viscosity Absorbent Kraft Paper is used for lamination. It is also used for the manufacturing of Sun-mica sheets. It is made of clean low kappa hardwood Kraft with good uniformity.

  • Market Cap 5.16 Cr.
  • Current Price 10.2
  • High / Low 16.5 / 3.50
  • Stock P/E
  • Book Value -13.5
  • Dividend Yield 0.00 %
  • ROCE %
  • ROE %
  • Face Value 10.0

Pros

  • Debtor days have improved from 76.5 to 43.7 days.

Cons

  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of -14.9% over past five years.
  • Promoter holding is low: 22.2%

* 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

Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022
3.13 2.37 2.09 0.76 1.13 0.68 3.18 1.29 1.27 1.80 1.86 2.68 2.86
3.37 2.61 3.80 1.28 1.82 0.81 3.57 1.93 1.45 3.14 2.44 3.26 3.29
Operating Profit -0.24 -0.24 -1.71 -0.52 -0.69 -0.13 -0.39 -0.64 -0.18 -1.34 -0.58 -0.58 -0.43
OPM % -7.67% -10.13% -81.82% -68.42% -61.06% -19.12% -12.26% -49.61% -14.17% -74.44% -31.18% -21.64% -15.03%
0.00 0.00 0.16 0.00 0.00 0.00 0.00 0.00 0.00 2.31 0.36 0.00 0.00
Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Depreciation 0.03 0.03 0.03 0.03 0.03 0.03 0.03 0.03 0.03 0.03 0.03 0.03 0.03
Profit before tax -0.27 -0.27 -1.58 -0.55 -0.72 -0.16 -0.42 -0.67 -0.21 0.94 -0.25 -0.61 -0.46
Tax % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Net Profit -0.26 -0.27 -1.58 -0.55 -0.72 -0.16 -0.42 -0.67 -0.21 0.94 -0.25 -0.60 -0.46
EPS in Rs -0.51 -0.53 -3.13 -1.09 -1.42 -0.32 -0.83 -1.33 -0.42 1.86 -0.49 -1.19 -0.91
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 TTM
13.82 13.64 12.85 15.36 14.69 17.10 15.74 12.81 17.69 12.16 6.70 7.02 9.20
13.76 13.10 12.59 15.11 14.79 16.73 15.61 13.56 18.25 14.51 8.45 9.59 12.13
Operating Profit 0.06 0.54 0.26 0.25 -0.10 0.37 0.13 -0.75 -0.56 -2.35 -1.75 -2.57 -2.93
OPM % 0.43% 3.96% 2.02% 1.63% -0.68% 2.16% 0.83% -5.85% -3.17% -19.33% -26.12% -36.61% -31.85%
0.03 0.11 -0.02 -0.02 0.00 0.04 0.01 0.32 0.16 0.17 0.01 2.68 2.67
Interest 0.00 0.01 0.04 0.01 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Depreciation 0.39 0.45 0.45 0.44 0.16 0.16 0.17 0.17 0.11 0.12 0.12 0.12 0.12
Profit before tax -0.30 0.19 -0.25 -0.22 -0.26 0.25 -0.03 -0.60 -0.51 -2.30 -1.86 -0.01 -0.38
Tax % -60.00% 52.63% 28.00% 22.73% 0.00% 12.00% 33.33% 30.00% -19.61% 0.43% 0.00% 0.00%
Net Profit -0.48 0.09 -0.18 -0.17 -0.25 0.21 -0.03 -0.42 -0.61 -2.29 -1.86 -0.01 -0.37
EPS in Rs -0.95 0.18 -0.36 -0.34 -0.49 0.42 -0.06 -0.83 -1.21 -4.53 -3.68 -0.02 -0.73
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: -6%
5 Years: -15%
3 Years: -27%
TTM: 43%
Compounded Profit Growth
10 Years: %
5 Years: 11%
3 Years: 26%
TTM: 75%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: 26%
1 Year: 190%
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: %

Balance Sheet

Figures in Rs. Crores

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
5.05 5.05 5.05 5.05 5.05 5.05 5.05 5.05 5.05 5.05 5.05 5.05
Reserves -5.92 -5.82 -6.01 -6.18 -6.45 -6.24 -6.68 -7.10 -7.70 -9.99 -11.85 -11.85
2.66 2.21 1.01 1.00 0.97 1.02 2.08 2.27 2.11 2.02 2.04 1.98
4.31 4.30 5.17 5.51 5.34 7.08 7.55 7.28 6.89 8.62 9.66 8.63
Total Liabilities 6.10 5.74 5.22 5.38 4.91 6.91 8.00 7.50 6.35 5.70 4.90 3.81
2.80 2.50 2.01 1.62 1.54 1.73 1.62 1.50 1.60 1.52 1.40 1.25
CWIP 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Investments 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
3.30 3.24 3.21 3.76 3.37 5.18 6.38 6.00 4.75 4.18 3.50 2.56
Total Assets 6.10 5.74 5.22 5.38 4.91 6.91 8.00 7.50 6.35 5.70 4.90 3.81

Cash Flows

Figures in Rs. Crores

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
1.83 1.97 -0.49 -0.03 0.17 0.14 0.30 -0.41 0.44 0.09 0.05 -2.06
-0.14 -0.17 0.00 -0.05 -0.10 -0.31 -0.06 -0.04 -0.21 -0.03 0.00 2.37
-1.41 -2.16 0.43 0.02 -0.03 0.05 0.00 0.20 -0.16 -0.10 -0.04 0.00
Net Cash Flow 0.28 -0.36 -0.06 -0.06 0.03 -0.11 0.24 -0.26 0.07 -0.04 0.01 0.30

Ratios

Figures in Rs. Crores

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Debtor Days 47.01 52.18 53.97 51.57 48.45 87.51 122.21 139.90 73.87 70.24 115.49 43.68
Inventory Days 31.37 41.35 41.70 32.54 41.94 23.91 25.48 40.33 34.22 80.78 111.50 89.58
Days Payable 88.14 117.92 178.22 135.57 177.26 222.78 252.09 278.79 217.86 321.62 634.70 485.68
Cash Conversion Cycle -9.76 -24.39 -82.55 -51.47 -86.86 -111.35 -104.40 -98.56 -109.77 -170.60 -407.71 -352.42
Working Capital Days -47.01 -40.41 -20.74 -14.73 -26.83 -22.63 -28.29 -33.91 -42.09 -127.57 -324.69 -320.80
ROCE % -10.97% 16.10% -22.82% -21.43% -179.10%

Shareholding Pattern

Numbers in percentages

Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022
22.17 22.17 22.17 22.17 22.17 22.17 22.17 22.17 22.17 22.17 22.17 22.17
0.30 0.30 0.30 0.30 0.30 0.30 0.30 0.30 0.30 0.30 0.30 0.30
77.53 77.53 77.53 77.53 77.53 77.53 77.53 77.53 77.53 77.53 77.53 77.53

* The XBRL reporting format changed from Sep'2022 onwards. The new format added details about banks and foreign portfolio investors. These were not available earlier.
The sudden increase in FII or DII might be because of these changes.

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

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