Shree Ajit Pulp and Paper Ltd
Shree Ajit Pulp And Paper Ltd, incorporated in 1995, is engaged in the manufacturing of Kraft Paper which is mainly used for manufacturing of corrugated boxes. [1]
- Market Cap ₹ 148 Cr.
- Current Price ₹ 277
- High / Low ₹ 390 / 253
- Stock P/E 10.3
- Book Value ₹ 367
- Dividend Yield 0.36 %
- ROCE 18.4 %
- ROE 13.9 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.75 times its book value
Cons
- Company might be capitalizing the interest cost
- Dividend payout has been low at 2.12% of profits 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
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
130 | 155 | 174 | 190 | 189 | 222 | 209 | 249 | 270 | 240 | 267 | 418 | 439 | |
111 | 137 | 147 | 164 | 169 | 195 | 190 | 225 | 225 | 206 | 221 | 372 | 406 | |
Operating Profit | 20 | 18 | 27 | 25 | 19 | 27 | 19 | 24 | 44 | 34 | 45 | 46 | 33 |
OPM % | 15% | 12% | 16% | 13% | 10% | 12% | 9% | 10% | 16% | 14% | 17% | 11% | 8% |
0 | 0 | 0 | 0 | 0 | 0 | 0 | -0 | 0 | 1 | 1 | 1 | 1 | |
Interest | 4 | 4 | 4 | 3 | 4 | 4 | 4 | 6 | 5 | 4 | 4 | 5 | 6 |
Depreciation | 3 | 3 | 4 | 5 | 5 | 5 | 5 | 6 | 7 | 8 | 8 | 7 | 7 |
Profit before tax | 13 | 11 | 20 | 18 | 10 | 18 | 9 | 12 | 33 | 23 | 35 | 35 | 20 |
Tax % | 32% | 31% | 30% | 32% | 28% | 33% | 29% | 31% | 29% | 15% | 29% | 29% | |
Net Profit | 9 | 8 | 14 | 12 | 7 | 12 | 6 | 8 | 23 | 20 | 25 | 25 | 14 |
EPS in Rs | 15.25 | 14.36 | 26.30 | 22.74 | 13.29 | 22.59 | 11.95 | 15.40 | 43.18 | 36.68 | 46.02 | 46.76 | 26.84 |
Dividend Payout % | 2% | 2% | 2% | 2% | 4% | 3% | 6% | 5% | 2% | 2% | 2% | 2% |
Compounded Sales Growth | |
---|---|
10 Years: | 10% |
5 Years: | 15% |
3 Years: | 16% |
TTM: | 21% |
Compounded Profit Growth | |
---|---|
10 Years: | 13% |
5 Years: | 31% |
3 Years: | 3% |
TTM: | -59% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 6% |
3 Years: | 20% |
1 Year: | -24% |
Return on Equity | |
---|---|
10 Years: | 15% |
5 Years: | 15% |
3 Years: | 15% |
Last Year: | 14% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Sep 2022 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | |
Reserves | 30 | 38 | 52 | 64 | 70 | 82 | 88 | 96 | 119 | 138 | 162 | 187 | 191 |
37 | 37 | 35 | 38 | 34 | 27 | 44 | 51 | 36 | 30 | 24 | 46 | 134 | |
21 | 26 | 24 | 29 | 32 | 34 | 36 | 36 | 40 | 37 | 54 | 48 | 49 | |
Total Liabilities | 93 | 107 | 116 | 136 | 142 | 148 | 173 | 188 | 200 | 210 | 246 | 286 | 380 |
54 | 61 | 61 | 83 | 85 | 82 | 89 | 111 | 127 | 134 | 129 | 128 | 155 | |
CWIP | 2 | 2 | 9 | 3 | 1 | 1 | 6 | 2 | 3 | 3 | 1 | 3 | 86 |
Investments | 1 | 1 | 3 | 3 | 4 | 5 | 6 | 6 | 9 | 9 | 9 | 9 | 9 |
37 | 42 | 44 | 47 | 51 | 60 | 73 | 68 | 61 | 65 | 107 | 146 | 130 | |
Total Assets | 93 | 107 | 116 | 136 | 142 | 148 | 173 | 188 | 200 | 210 | 246 | 286 | 380 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
16 | 14 | 17 | 17 | 15 | 16 | 14 | 18 | 45 | 32 | 25 | -7 | |
-8 | -12 | -13 | -17 | -7 | -4 | -27 | -18 | -24 | -14 | 0 | -15 | |
-8 | -3 | -6 | -0 | -8 | -12 | 13 | 1 | -21 | -10 | -10 | 16 | |
Net Cash Flow | 0 | -1 | -2 | -0 | -1 | 0 | 0 | -0 | 0 | 8 | 15 | -7 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
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 | 42 | 41 | 47 | 50 | 48 | 61 | 55 | 60 | 43 | 51 | 58 | 49 |
Inventory Days | 47 | 53 | 51 | 44 | 59 | 43 | 57 | 50 | 56 | 53 | 78 | 73 |
Days Payable | 53 | 59 | 39 | 30 | 37 | 37 | 45 | 35 | 40 | 42 | 57 | 32 |
Cash Conversion Cycle | 36 | 36 | 60 | 64 | 70 | 66 | 67 | 75 | 58 | 62 | 79 | 90 |
Working Capital Days | 23 | 22 | 32 | 40 | 48 | 53 | 60 | 56 | 41 | 47 | 61 | 75 |
ROCE % | 24% | 19% | 27% | 21% | 13% | 20% | 10% | 12% | 24% | 17% | 21% | 18% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Change in Directorate
16 Jan - Disclosures Requirements) Regulation, 2015, the Board at their meeting held today i.e. 16th January, 2023 has approved the following: 1. Re-appointment of Mr. Gautam D. …
- Disclosures under Reg. 29(1) of SEBI (SAST) Regulations, 2011 11 Jan
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
9 Jan - Certificate under Regulation 74(5) of SEBI (Depository and Participants) Regulations, 2018 for the quarter ended 31st December, 2022 received from M/s. Link Intime India Private …
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Intimation Regarding Plant Shut Down
4 Jan - The plant of the Company is being shut down from tomorrow i.e. 5th January, 2023 to 19th January, 2023, to carry out installation and erection …
- Closure of Trading Window 26 Dec 2022
Annual reports
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Financial Year 2022
from bse
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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
from bse
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
from bse
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Financial Year 2011
from bse
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Financial Year 2010
from bse
Products
The company produces M. G. Kraft paper and Multi-layer Test Liner by using Waste Paper as raw material. The products - Fluting Medium, Test Liner & Semi Kraft Liner is available in Natural Shade, while Test Liner and Semi Kraft Liner is available in Ajit Gold Shade. This product is mainly used for making Corrugated Boxes, Duplex Cartons, Corrugated small e-flute etc. as packaging material. [1] [2]