Kuantum Papers Ltd
Incorporated in 1980, Kuantum Papers is in the business of production and marketing of wood-free writing and printing paper. The Co. is one of the largest fully integrated Agro-based paper manufacturers in India committed to manufacturing wood-free, high-quality maplitho, cream wove, copier and specialty paper. [1][2]
- Market Cap ₹ 1,315 Cr.
- Current Price ₹ 151
- High / Low ₹ 226 / 135
- Stock P/E 6.12
- Book Value ₹ 120
- Dividend Yield 1.99 %
- ROCE 22.0 %
- ROE 19.8 %
- Face Value ₹ 1.00
Pros
- Company has reduced debt.
- Company has delivered good profit growth of 19.6% CAGR over last 5 years
- Company's working capital requirements have reduced from 49.9 days to 36.9 days
Cons
- Company has a low return on equity of 7.37% over last 3 years.
* 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
Figures in Rs. Crores
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
376 | 422 | 477 | 499 | 526 | 608 | 704 | 793 | 745 | 404 | 830 | 1,310 | 1,256 | |
333 | 362 | 402 | 435 | 460 | 490 | 556 | 637 | 625 | 374 | 710 | 930 | 873 | |
Operating Profit | 43 | 60 | 76 | 64 | 65 | 118 | 148 | 156 | 119 | 30 | 120 | 380 | 383 |
OPM % | 12% | 14% | 16% | 13% | 12% | 19% | 21% | 20% | 16% | 7% | 14% | 29% | 31% |
2 | 1 | 3 | 1 | 1 | 3 | 3 | 9 | 9 | 1 | 4 | -60 | 3 | |
Interest | 24 | 23 | 22 | 21 | 20 | 21 | 25 | 29 | 31 | 28 | 70 | 71 | 51 |
Depreciation | 15 | 16 | 19 | 13 | 14 | 15 | 19 | 25 | 32 | 35 | 46 | 45 | 48 |
Profit before tax | 5 | 21 | 37 | 32 | 33 | 84 | 107 | 111 | 65 | -32 | 8 | 203 | 288 |
Tax % | 32% | 40% | 10% | 21% | 25% | 30% | 32% | 30% | -10% | 60% | -74% | 33% | |
4 | 13 | 34 | 25 | 25 | 59 | 73 | 78 | 72 | -13 | 13 | 136 | 215 | |
EPS in Rs | 0.43 | 1.47 | 3.84 | 2.87 | 2.81 | 6.79 | 8.35 | 8.93 | 8.23 | -1.46 | 1.54 | 15.60 | 24.63 |
Dividend Payout % | 0% | 0% | 0% | 3% | 4% | 3% | 3% | 6% | 3% | 0% | 0% | 19% |
Compounded Sales Growth | |
---|---|
10 Years: | 12% |
5 Years: | 13% |
3 Years: | 21% |
TTM: | 3% |
Compounded Profit Growth | |
---|---|
10 Years: | 30% |
5 Years: | 20% |
3 Years: | 35% |
TTM: | 65% |
Stock Price CAGR | |
---|---|
10 Years: | 41% |
5 Years: | 28% |
3 Years: | 36% |
1 Year: | 10% |
Return on Equity | |
---|---|
10 Years: | 9% |
5 Years: | 8% |
3 Years: | 7% |
Last Year: | 20% |
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 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 |
Reserves | 55 | 68 | 100 | 532 | 552 | 612 | 683 | 758 | 823 | 809 | 822 | 958 | 1,040 |
Preference Capital | 0 | 0 | 30 | 30 | 30 | 0 | 30 | 30 | 30 | 30 | 30 | 30 | |
202 | 203 | 147 | 194 | 213 | 302 | 291 | 365 | 543 | 659 | 732 | 483 | 469 | |
60 | 93 | 124 | 121 | 130 | 88 | 139 | 153 | 174 | 138 | 113 | 240 | 226 | |
Total Liabilities | 325 | 373 | 379 | 856 | 903 | 1,011 | 1,121 | 1,284 | 1,549 | 1,614 | 1,676 | 1,689 | 1,743 |
234 | 223 | 265 | 673 | 687 | 772 | 825 | 978 | 1,034 | 1,436 | 1,408 | 1,414 | 1,443 | |
CWIP | 12 | 37 | 0 | 26 | 50 | 42 | 84 | 55 | 310 | 21 | 29 | 31 | 37 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
79 | 112 | 114 | 157 | 166 | 198 | 213 | 251 | 206 | 158 | 239 | 245 | 263 | |
Total Assets | 325 | 373 | 379 | 856 | 903 | 1,011 | 1,121 | 1,284 | 1,549 | 1,614 | 1,676 | 1,689 | 1,743 |
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
45 | 53 | 62 | 32 | 57 | 73 | 131 | 136 | 75 | 80 | 48 | 375 | |
-31 | -27 | -11 | -56 | -50 | -93 | -132 | -150 | -252 | -178 | -35 | -60 | |
-14 | -26 | -50 | 23 | -6 | 41 | -8 | 39 | 138 | 98 | -11 | -318 | |
Net Cash Flow | 0 | 0 | 1 | -0 | 0 | 21 | -8 | 25 | -39 | -0 | 3 | -2 |
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 | 19 | 25 | 27 | 32 | 25 | 21 | 17 | 15 | 7 | 30 | 27 | 8 |
Inventory Days | 95 | 141 | 105 | 107 | 102 | 117 | 133 | 95 | 141 | 145 | 114 | 88 |
Days Payable | 46 | 114 | 89 | 54 | 47 | 47 | 54 | 47 | 42 | 124 | 47 | 25 |
Cash Conversion Cycle | 68 | 52 | 43 | 85 | 80 | 91 | 95 | 63 | 105 | 51 | 94 | 71 |
Working Capital Days | -4 | -3 | 1 | 26 | 23 | 17 | 24 | 17 | 11 | 51 | 62 | 37 |
ROCE % | 12% | 16% | 21% | 10% | 7% | 12% | 14% | 13% | 8% | 0% | 5% | 22% |
Documents
Announcements
- Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 3m
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 8 Apr
- Compliance Certificate Under Regulation 40(9) Of SEBI (LODR), Regulations, 2015 5 Apr
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 4 Apr
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Compliance Certificate For The Year Ended March 31, 2024.
4 Apr - Compliance Certificate Under Regulation 7(3) of SEBI (LODR) Regulations, 2015.
Annual reports
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
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Concalls
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Feb 2024Transcript PPT
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Feb 2024TranscriptNotesPPT
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Dec 2023TranscriptNotesPPT
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Nov 2023Transcript PPT REC
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Aug 2023Transcript PPT REC
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Jul 2023TranscriptNotesPPT
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May 2023TranscriptNotesPPT
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May 2023Transcript PPT
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May 2023TranscriptNotesPPT
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Feb 2023Transcript PPT
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Jan 2023TranscriptNotesPPT
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Oct 2022Transcript PPT
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Aug 2022Transcript PPT
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Jul 2022TranscriptNotesPPT
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May 2022TranscriptNotesPPT
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Feb 2022TranscriptNotesPPT
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Feb 2022TranscriptNotesPPT
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Nov 2021TranscriptNotesPPT
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Nov 2021TranscriptNotesPPT
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Aug 2021TranscriptNotesPPT
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Aug 2021TranscriptNotesPPT
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Jul 2021TranscriptNotesPPT
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Jul 2021TranscriptNotesPPT
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Jul 2021TranscriptNotesPPT
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Feb 2021TranscriptNotesPPT
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Feb 2021TranscriptNotesPPT
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Nov 2020TranscriptNotesPPT
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Sep 2020TranscriptNotesPPT
Product offerings
Maplitho, creamwove and value added specialty products like thermal paper, bond paper, parchment paper, azurelaid paper, catridge paper, coloured paper, ledger paper, stiffner paper, cupstock base paper for straws and carry bag paper with GSM range of 40 – 200. The company manufactures its products on an order-based system from its 100+ dealer network spread across India.[1]
These products are extensively used in the printing of books, notebooks, office stationery, etc. It is now foraying into new specialty products like Food Grade -OGR, Cup Stock Base, Tissue paper and also has several products under development. [2] [3]