Andhra Paper Ltd

₹ 421 -0.52%
02 Dec - 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 a diverse range of applications such as photos, batteries, cups, charts, and other packing solutions [1]

  • Market Cap 1,673 Cr.
  • Current Price 421
  • High / Low 510 / 201
  • Stock P/E 5.71
  • Book Value 317
  • Dividend Yield 1.78 %
  • ROCE 18.0 %
  • ROE 13.6 %
  • Face Value 10.0

Pros

  • Company is almost debt free.
  • 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 12.2% 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.

Peer comparison

Sector: Paper Industry: Paper

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Quarterly Results

Figures in Rs. Crores

Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022
272 350 280 121 155 249 362 258 349 346 426 452 485
244 253 214 134 156 233 303 217 314 284 344 328 339
Operating Profit 28 97 66 -13 -2 16 60 42 35 62 82 124 146
OPM % 10% 28% 23% -11% -1% 7% 16% 16% 10% 18% 19% 27% 30%
4 3 5 -1 4 4 4 12 9 7 16 9 13
Interest 1 2 1 1 1 1 2 1 1 1 2 1 1
Depreciation 19 19 19 19 18 18 18 18 18 18 18 17 15
Profit before tax 12 79 50 -34 -17 1 45 35 25 50 78 114 143
Tax % 36% 36% -87% 27% 6% -638% 27% 26% 26% 26% 26% 26% 20%
Net Profit 8 51 93 -25 -16 4 32 26 19 37 57 85 113
EPS in Rs 1.99 12.84 23.36 -6.31 -4.01 1.02 8.13 6.57 4.74 9.37 14.45 21.36 28.52
Raw PDF

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 TTM
782 595 1,230 1,092 1,163 1,124 1,172 1,264 1,427 1,270 887 1,380 1,709
639 528 1,115 1,030 1,068 992 1,002 1,038 1,047 965 826 1,156 1,296
Operating Profit 143 67 116 61 95 131 170 226 380 304 61 224 413
OPM % 18% 11% 9% 6% 8% 12% 15% 18% 27% 24% 7% 16% 24%
21 6 7 13 12 39 -22 -7 7 13 11 42 45
Interest 40 36 55 43 45 40 34 26 9 5 5 5 6
Depreciation 67 51 88 87 69 73 70 66 68 76 73 72 68
Profit before tax 57 -13 -21 -56 -6 56 44 126 311 236 -6 188 385
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 -5 140 293
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 73.70
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: 40%
Compounded Profit Growth
10 Years: 13%
5 Years: 22%
3 Years: -12%
TTM: 260%
Stock Price CAGR
10 Years: 4%
5 Years: 8%
3 Years: 14%
1 Year: 83%
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 Sep 2022
40 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 1,222
436 478 449 564 502 477 359 208 15 9 44 59 57
188 299 302 336 330 340 317 325 407 336 313 345 353
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 1,671
858 807 821 877 833 820 798 742 707 680 619 585 591
CWIP 30 61 22 10 16 17 3 4 8 2 9 8 15
Investments 17 16 16 15 15 15 10 15 16 44 219 383 603
297 373 348 413 382 415 344 336 455 595 486 523 461
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 1,671

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 57 44
ROCE % 9% 2% 5% -1% 4% 7% 12% 21% 42% 27% 0% 18%

Shareholding Pattern

Numbers in percentages

Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022
92.20 92.20 75.00 72.20 72.20 72.20 72.20 72.20 72.20 72.20 72.20 72.24
0.22 0.16 0.11 0.07 0.03 0.03 0.00 0.00 0.00 0.19 0.26 0.93
0.62 0.62 8.47 11.43 12.14 12.74 12.90 12.26 11.67 9.17 8.84 7.18
6.96 7.03 16.43 16.31 15.63 15.03 14.90 15.54 16.13 18.44 18.70 19.67

* The XBRL reporting format changed from Sep'2022 onwards. The new format added details about banks and foreign portfolio investors. These were not available earlier.
The sudden increase in FII or DII might be because of these changes.

Please click on the line-items to see the names of individual entities.

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