Andhra Paper Ltd

₹ 317 3.19%
01 Jul - close price
About

Andhra Paper is engaged in the Business of Manufacture and sale of paper, pulp and paper & paper board.
[1]

Key Points

Product Portfolio
The company produces writing & printing paper, copier and a wide range of specialty paper used in diverse range of applications such as photos, batteries, cups, charts, etc.[1]

  • Market Cap 1,261 Cr.
  • Current Price 317
  • High / Low 375 / 201
  • Stock P/E 9.03
  • Book Value 275
  • Dividend Yield 2.37 %
  • ROCE 18.0 %
  • ROE 13.5 %
  • Face Value 10.0

Pros

  • Company is almost debt free.
  • Stock is trading at 1.15 times its book value
  • Company is expected to give good quarter

Cons

  • The company has delivered a poor sales growth of 3.32% over past five years.
  • Company has a low return on equity of 12.12% for 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.

Peer comparison

Sector: Paper Industry: Paper

Loading peers table ...

Quarterly Results

Figures in Rs. Crores

Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022
368 272 350 280 121 155 249 362 258 349 346 426
256 244 253 214 134 156 233 303 217 314 284 344
Operating Profit 112 28 97 66 -13 -2 16 60 42 35 62 82
OPM % 30% 10% 28% 23% -11% -1% 7% 16% 16% 10% 18% 19%
2 4 3 5 -1 4 4 4 12 9 7 16
Interest 1 1 2 1 1 1 1 2 1 1 1 2
Depreciation 19 19 19 19 19 18 18 18 18 18 18 18
Profit before tax 94 12 79 50 -34 -17 1 45 35 25 50 78
Tax % 35% 36% 36% -87% 27% 6% -638% 27% 26% 26% 26% 26%
Net Profit 61 8 51 93 -25 -16 4 32 26 19 37 57
EPS in Rs 15.34 1.99 12.84 23.36 -6.31 -4.01 1.02 8.13 6.57 4.74 9.37 14.45

Profit & Loss

Figures in Rs. Crores

Mar 2011 Dec 2011 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
782 595 1,230 1,092 1,163 1,124 1,172 1,264 1,427 1,270 887 1,380
639 528 1,115 1,030 1,068 992 1,002 1,038 1,047 965 826 1,159
Operating Profit 143 67 116 61 95 131 170 226 380 304 61 221
OPM % 18% 11% 9% 6% 8% 12% 15% 18% 27% 24% 7% 16%
21 6 7 13 12 39 -22 -7 7 13 11 45
Interest 40 36 55 43 45 40 34 26 9 5 5 5
Depreciation 67 51 88 87 69 73 70 66 68 76 73 72
Profit before tax 57 -13 -21 -56 -6 56 44 126 311 236 -6 188
Tax % 21% -643% -14% 26% 104% 35% 27% 34% 36% 10% 26% 26%
Net Profit 45 -98 -24 -42 0 37 32 83 200 213 -5 140
EPS in Rs 11.30 -24.59 -5.96 -10.46 0.06 9.28 8.15 20.89 50.31 53.54 -1.16 35.13
Dividend Payout % 9% 0% 0% 0% 0% 0% 0% 0% 0% 0% -432% 21%
Compounded Sales Growth
10 Years: 9%
5 Years: 3%
3 Years: -1%
TTM: 56%
Compounded Profit Growth
10 Years: 13%
5 Years: 21%
3 Years: -12%
TTM: 3443%
Stock Price CAGR
10 Years: 1%
5 Years: 1%
3 Years: -9%
1 Year: 27%
Return on Equity
10 Years: 10%
5 Years: 16%
3 Years: 12%
Last Year: 14%

Balance Sheet

Figures in Rs. Crores

Mar 2011 Dec 2011 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
40 40 40 40 40 40 40 40 40 40 40 40
Reserves 539 441 417 375 374 411 438 524 724 936 935 1,054
436 478 449 564 502 477 359 208 15 9 31 59
188 299 302 336 330 340 317 325 407 336 327 345
Total Liabilities 1,202 1,257 1,208 1,315 1,246 1,268 1,155 1,097 1,186 1,321 1,333 1,498
858 807 821 877 833 820 798 742 707 680 619 585
CWIP 30 61 22 10 16 17 3 4 8 2 9 8
Investments 17 16 16 15 15 15 10 15 16 44 219 383
297 373 348 413 382 415 344 336 455 595 486 523
Total Assets 1,202 1,257 1,208 1,315 1,246 1,268 1,155 1,097 1,186 1,321 1,333 1,498

Cash Flows

Figures in Rs. Crores

Mar 2011 Dec 2011 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
125 70 174 20 128 111 172 215 310 177 104 202
-52 -37 -90 -89 -31 -38 -29 -31 -110 -167 -114 -181
-65 -30 -90 68 -108 -67 -145 -175 -201 -11 11 -12
Net Cash Flow 7 2 -5 -0 -11 6 -3 9 -1 -0 1 9

Ratios

Figures in Rs. Crores

Mar 2011 Dec 2011 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Debtor Days 26 22 14 20 20 23 21 20 19 12 31 27
Inventory Days 206 685 114 172 141 151 131 113 120 216 169 109
Days Payable 162 395 82 121 110 110 99 97 130 125 134 122
Cash Conversion Cycle 70 311 46 71 52 64 54 37 8 102 66 14
Working Capital Days 35 16 -1 14 -28 28 -20 8 18 43 55 108
ROCE % 9% 2% 5% -1% 4% 7% 12% 21% 42% 27% 0% 18%

Shareholding Pattern

Numbers in percentages

Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022
75.00 75.00 92.20 92.20 75.00 72.20 72.20 72.20 72.20 72.20 72.20 72.20
1.15 0.99 0.22 0.16 0.11 0.07 0.03 0.03 0.00 0.00 0.00 0.19
3.72 6.13 0.62 0.62 8.47 11.43 12.14 12.74 12.90 12.26 11.67 9.17
20.13 17.88 6.96 7.03 16.43 16.31 15.63 15.03 14.90 15.54 16.13 18.44

Documents