Coral Newsprints Ltd

Coral Newsprints Ltd

₹ 11.4 -3.39%
25 Apr - 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 5.76 Cr.
  • Current Price 11.4
  • High / Low 18.8 / 8.09
  • Stock P/E 8.47
  • Book Value 0.00
  • Dividend Yield 0.00 %
  • ROCE %
  • ROE %
  • Face Value 10.0

Pros

  • Debtor days have improved from 71.8 to 56.4 days.

Cons

  • The company has delivered a poor sales growth of -1.33% over past five years.
  • Promoter holding is low: 22.2%
  • Contingent liabilities of Rs.5.82 Cr.

* 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
0.68 3.18 1.29 1.27 1.80 1.86 2.68 2.86 2.24 2.93 0.58 0.27 0.02
0.81 3.57 1.93 1.45 3.14 2.44 3.26 3.29 3.09 3.33 1.20 0.78 0.20
Operating Profit -0.13 -0.39 -0.64 -0.18 -1.34 -0.58 -0.58 -0.43 -0.85 -0.40 -0.62 -0.51 -0.18
OPM % -19.12% -12.26% -49.61% -14.17% -74.44% -31.18% -21.64% -15.03% -37.95% -13.65% -106.90% -188.89% -900.00%
0.00 0.00 0.00 0.00 2.31 0.36 0.00 0.00 0.00 1.88 0.14 0.43 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 0.00 0.02 0.02
Profit before tax -0.16 -0.42 -0.67 -0.21 0.94 -0.25 -0.61 -0.46 -0.88 1.45 -0.48 -0.10 -0.20
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%
-0.16 -0.42 -0.67 -0.21 0.94 -0.25 -0.60 -0.46 -0.88 1.45 -0.48 -0.10 -0.19
EPS in Rs -0.32 -0.83 -1.33 -0.42 1.86 -0.49 -1.19 -0.91 -1.74 2.87 -0.95 -0.20 -0.38
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
13.64 12.85 15.36 14.69 17.10 15.74 12.81 17.69 12.16 6.70 7.02 11.98 3.80
13.10 12.59 15.11 14.79 16.73 15.61 13.56 18.25 14.51 8.45 9.59 14.47 5.51
Operating Profit 0.54 0.26 0.25 -0.10 0.37 0.13 -0.75 -0.56 -2.35 -1.75 -2.57 -2.49 -1.71
OPM % 3.96% 2.02% 1.63% -0.68% 2.16% 0.83% -5.85% -3.17% -19.33% -26.12% -36.61% -20.78% -45.00%
0.11 -0.02 -0.02 0.00 0.04 0.01 0.32 0.16 0.17 0.01 2.68 1.91 2.45
Interest 0.01 0.04 0.01 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Depreciation 0.45 0.45 0.44 0.16 0.16 0.17 0.17 0.11 0.12 0.12 0.12 0.11 0.07
Profit before tax 0.19 -0.25 -0.22 -0.26 0.25 -0.03 -0.60 -0.51 -2.30 -1.86 -0.01 -0.69 0.67
Tax % 52.63% 28.00% 22.73% 0.00% 12.00% 33.33% 30.00% -19.61% 0.43% 0.00% 0.00% 0.00%
0.09 -0.18 -0.17 -0.25 0.21 -0.03 -0.42 -0.61 -2.29 -1.86 -0.01 -0.70 0.68
EPS in Rs 0.18 -0.36 -0.34 -0.49 0.42 -0.06 -0.83 -1.21 -4.53 -3.68 -0.02 -1.39 1.34
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: -1%
5 Years: -1%
3 Years: -1%
TTM: -61%
Compounded Profit Growth
10 Years: %
5 Years: -20%
3 Years: 19%
TTM: 131%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: 35%
1 Year: -23%
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: %

Balance Sheet

Figures in Rs. Crores

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 5.05 5.05 5.05 5.05 5.05 5.05 5.05 5.05 5.05 5.05 5.05 5.05 0.00
Reserves -5.82 -6.01 -6.18 -6.45 -6.24 -6.68 -7.10 -7.70 -9.99 -11.85 -11.85 -12.55 0.00
2.21 1.01 1.00 0.97 1.02 2.08 2.27 2.11 2.02 2.04 1.98 2.19 7.33
4.30 5.17 5.51 5.34 7.08 7.55 7.28 6.89 8.62 9.66 8.63 10.96 3.10
Total Liabilities 5.74 5.22 5.38 4.91 6.91 8.00 7.50 6.35 5.70 4.90 3.81 5.65 10.43
2.50 2.01 1.62 1.54 1.73 1.62 1.50 1.60 1.52 1.40 1.25 1.12 1.12
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 7.99
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 0.00
3.24 3.21 3.76 3.37 5.18 6.38 6.00 4.75 4.18 3.50 2.56 4.53 1.32
Total Assets 5.74 5.22 5.38 4.91 6.91 8.00 7.50 6.35 5.70 4.90 3.81 5.65 10.43

Cash Flows

Figures in Rs. Crores

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
1.97 -0.49 -0.03 0.17 0.14 0.30 -0.41 0.44 0.09 0.05 -2.06 -0.79
-0.17 0.00 -0.05 -0.10 -0.31 -0.06 -0.04 -0.21 -0.03 0.00 2.37 1.92
-2.16 0.43 0.02 -0.03 0.05 0.00 0.20 -0.16 -0.10 -0.04 0.00 0.00
Net Cash Flow -0.36 -0.06 -0.06 0.03 -0.11 0.24 -0.26 0.07 -0.04 0.01 0.30 1.13

Ratios

Figures in Rs. Crores

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 52.18 53.97 51.57 48.45 87.51 122.21 139.90 73.87 70.24 115.49 43.68 56.36
Inventory Days 41.35 41.70 32.54 41.94 23.91 25.48 40.33 34.22 80.78 111.50 89.58 18.08
Days Payable 117.92 178.22 135.57 177.26 222.78 252.09 278.79 217.86 321.62 634.70 485.68 299.15
Cash Conversion Cycle -24.39 -82.55 -51.47 -86.86 -111.35 -104.40 -98.56 -109.77 -170.60 -407.71 -352.42 -224.70
Working Capital Days -40.41 -20.74 -14.73 -26.83 -22.63 -28.29 -33.91 -42.09 -127.57 -324.69 -320.80 -232.16
ROCE % 16.10% -22.82% -21.43% -179.10%

Shareholding Pattern

Numbers in percentages

1 Recently
Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
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% 77.52% 77.52% 77.53% 77.52% 77.52% 77.52%
No. of Shareholders 3,0273,1563,4433,7643,7453,7863,8363,8283,8473,9654,0604,328

* 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.

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