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 ₹ 153 Cr.
- Current Price ₹ 285
- High / Low ₹ 414 / 253
- Stock P/E 7.06
- Book Value ₹ 350
- Dividend Yield 0.35 %
- ROCE 17.0 %
- ROE 12.2 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.81 times its book value
- Company is expected to give good quarter
Cons
- Dividend payout has been low at 2.24% 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
130 | 151 | 174 | 205 | 203 | 237 | 209 | 249 | 270 | 240 | 267 | 418 | |
111 | 132 | 147 | 179 | 183 | 209 | 190 | 226 | 225 | 206 | 222 | 376 | |
Operating Profit | 20 | 18 | 27 | 26 | 20 | 28 | 19 | 24 | 44 | 34 | 45 | 43 |
OPM % | 15% | 12% | 16% | 13% | 10% | 12% | 9% | 10% | 16% | 14% | 17% | 10% |
0 | 0 | 0 | 0 | 0 | 0 | 0 | -0 | 1 | 1 | 1 | 1 | |
Interest | 4 | 4 | 4 | 4 | 5 | 5 | 4 | 6 | 5 | 4 | 4 | 5 |
Depreciation | 3 | 3 | 4 | 5 | 5 | 5 | 5 | 6 | 7 | 8 | 8 | 7 |
Profit before tax | 13 | 11 | 20 | 18 | 10 | 18 | 9 | 11 | 33 | 23 | 34 | 32 |
Tax % | 32% | 31% | 30% | 33% | 27% | 34% | 29% | 32% | 28% | 15% | 30% | 32% |
Net Profit | 9 | 8 | 14 | 12 | 7 | 12 | 6 | 8 | 24 | 20 | 24 | 22 |
EPS in Rs | 15.21 | 14.34 | 26.34 | 21.92 | 13.27 | 21.99 | 12.02 | 14.32 | 44.71 | 37.21 | 44.80 | 40.36 |
Dividend Payout % | 2% | 2% | 2% | 2% | 4% | 3% | 6% | 5% | 2% | 2% | 2% | 2% |
Compounded Sales Growth | |
---|---|
10 Years: | 11% |
5 Years: | 15% |
3 Years: | 16% |
TTM: | 57% |
Compounded Profit Growth | |
---|---|
10 Years: | 11% |
5 Years: | 27% |
3 Years: | -3% |
TTM: | -10% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 6% |
3 Years: | 12% |
1 Year: | -15% |
Return on Equity | |
---|---|
10 Years: | 14% |
5 Years: | 14% |
3 Years: | 14% |
Last Year: | 12% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
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 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | |
Reserves | 30 | 38 | 52 | 63 | 70 | 81 | 88 | 95 | 118 | 138 | 161 | 182 |
36 | 37 | 35 | 43 | 41 | 33 | 44 | 51 | 36 | 30 | 24 | 46 | |
21 | 26 | 24 | 30 | 33 | 38 | 36 | 36 | 40 | 37 | 54 | 48 | |
Total Liabilities | 93 | 107 | 116 | 142 | 149 | 157 | 173 | 187 | 199 | 210 | 245 | 282 |
54 | 61 | 61 | 89 | 91 | 91 | 89 | 111 | 127 | 134 | 129 | 128 | |
CWIP | 2 | 2 | 9 | 3 | 3 | 1 | 6 | 2 | 3 | 3 | 1 | 3 |
Investments | 0 | 1 | 2 | 0 | 0 | 0 | 5 | 5 | 8 | 8 | 7 | 4 |
37 | 43 | 45 | 51 | 54 | 65 | 73 | 69 | 62 | 65 | 108 | 147 | |
Total Assets | 93 | 107 | 116 | 142 | 149 | 157 | 173 | 187 | 199 | 210 | 245 | 282 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
15 | 14 | 17 | 14 | 16 | 17 | 14 | 18 | 45 | 32 | 25 | -7 | |
-7 | -12 | -14 | -16 | -9 | -4 | -27 | -18 | -24 | -14 | 0 | -15 | |
-8 | -3 | -6 | 2 | -8 | -13 | 13 | 1 | -21 | -10 | -10 | 16 | |
Net Cash Flow | 0 | -1 | -3 | -0 | -1 | -0 | 0 | -0 | 0 | 8 | 15 | -7 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
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 | 43 | 47 | 50 | 46 | 61 | 55 | 60 | 43 | 51 | 58 | 49 |
Inventory Days | 47 | 53 | 51 | 43 | 56 | 42 | 57 | 50 | 56 | 53 | 78 | 73 |
Days Payable | 53 | 59 | 35 | 31 | 36 | 40 | 45 | 35 | 40 | 42 | 57 | 32 |
Cash Conversion Cycle | 36 | 37 | 63 | 61 | 66 | 63 | 67 | 75 | 58 | 62 | 79 | 90 |
Working Capital Days | 23 | 23 | 32 | 39 | 46 | 50 | 60 | 56 | 41 | 47 | 51 | 75 |
ROCE % | 19% | 27% | 21% | 13% | 19% | 10% | 12% | 25% | 17% | 21% | 17% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Credit Rating
2d - ICRA has reaffirmed its Rating (ICRA) A (pronounced ICRA A) for long-term and (ICRA) A1 (pronounced ICRA A one) for short term rating of the …
- Closure of Trading Window 28 Jun
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 20 Jun
- Revised Disclosure Of Related Party Transactions Of Shree Ajit Pulp And Paper Limited For The Half Year Ended On March 31, 2022 13 Jun
- Disclosure Of Related Party Transactions Of Shree Ajit Pulp And Paper Limited For The Half Year Ended On March 31, 2022 11 Jun
Annual reports
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Financial Year 2021
from bse
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Financial Year 2020
from bse
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Financial Year 2019
from bse
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Financial Year 2018
from bse
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Financial Year 2017
from bse
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Financial Year 2016
from bse
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Financial Year 2015
from bse
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Financial Year 2014
from bse
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Financial Year 2013
from bse
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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]