Astron Paper & Board Mill Ltd
Astron Paper and Board mill Ltd is a paper manufacturing company. It is engaged in the manufacturing of Kraft Paper from waste paper. [1]
- Market Cap ₹ 99.0 Cr.
- Current Price ₹ 21.3
- High / Low ₹ 40.9 / 19.0
- Stock P/E
- Book Value ₹ 33.5
- Dividend Yield 0.00 %
- ROCE -9.37 %
- ROE -14.0 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.64 times its book value
Cons
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of 9.47% over past five years.
- Promoter holding is low: 27.1%
- Company has a low return on equity of -1.04% over last 3 years.
- Promoter holding has decreased over last 3 years: -18.9%
* 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 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|
251 | 373 | 358 | 434 | 512 | 395 | 324 | |
219 | 320 | 322 | 403 | 484 | 412 | 316 | |
Operating Profit | 32 | 53 | 36 | 32 | 28 | -18 | 8 |
OPM % | 13% | 14% | 10% | 7% | 5% | -4% | 3% |
1 | 1 | 1 | 2 | 1 | 1 | 1 | |
Interest | 10 | 11 | 11 | 11 | 10 | 11 | 12 |
Depreciation | 4 | 5 | 6 | 7 | 7 | 7 | 7 |
Profit before tax | 19 | 38 | 20 | 16 | 12 | -35 | -10 |
Tax % | -10% | 28% | 33% | 34% | 34% | 31% | |
21 | 28 | 13 | 10 | 8 | -24 | -6 | |
EPS in Rs | 4.48 | 5.94 | 2.85 | 2.20 | 1.74 | -5.15 | -1.40 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 9% |
3 Years: | 3% |
TTM: | -28% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
TTM: | 59% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | -26% |
3 Years: | -19% |
1 Year: | -16% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 4% |
3 Years: | -1% |
Last Year: | -14% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|
Equity Capital | 46 | 46 | 46 | 46 | 46 | 46 | 46 |
Reserves | 80 | 105 | 119 | 129 | 137 | 113 | 109 |
75 | 68 | 73 | 58 | 76 | 84 | 84 | |
31 | 92 | 90 | 90 | 90 | 68 | 65 | |
Total Liabilities | 232 | 313 | 329 | 323 | 350 | 312 | 304 |
90 | 138 | 151 | 149 | 144 | 155 | 153 | |
CWIP | 13 | 2 | 0 | 7 | 8 | 0 | 0 |
Investments | 0 | 1 | 1 | 2 | 2 | 1 | 1 |
128 | 172 | 176 | 166 | 197 | 155 | 150 | |
Total Assets | 232 | 313 | 329 | 323 | 350 | 312 | 304 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|
5 | 46 | 28 | 35 | -10 | 11 | |
-28 | -28 | -18 | -5 | -3 | -10 | |
38 | -33 | -4 | -24 | 11 | -0 | |
Net Cash Flow | 15 | -15 | 5 | 6 | -2 | 1 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|
Debtor Days | 86 | 84 | 96 | 67 | 70 | 60 |
Inventory Days | 75 | 95 | 88 | 61 | 50 | 58 |
Days Payable | 53 | 110 | 127 | 92 | 75 | 76 |
Cash Conversion Cycle | 108 | 69 | 57 | 36 | 45 | 42 |
Working Capital Days | 93 | 61 | 77 | 62 | 77 | 71 |
ROCE % | 23% | 14% | 11% | 9% | -9% |
Documents
Announcements
- Submission Of Certificate Under Regulation 40 (10) Of SEBI (LODR) Regulations, 2015 13 Apr
-
Announcement under Regulation 30 (LODR)-Credit Rating
6 Apr - Ratings assigned by Informerics Ratings vide their letter dated 5th April, 2024.
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
5 Apr - Certificate under regulation 74(5) of the SEBI (Depository and Participants), 2018 for the period ended on 31st, March, 2024.
-
Compliance Certificate For The Period Ended March 2024
4 Apr - Compliance Certificate pursuant to Regulation 7(3) of SEBI (LODR) Regulations, 2015 for the financial year ended on 31st March, 2024.
- Disclosure Under Regulation 30 Of SEBI (LODR) Regulations, 2015- Demand Notice For Wholly Owned Subsidiary Company 2 Apr
Product Portfolio
The product portfolio of the company consists of Fluting Medium Paper, Test Liners, VTL (Virgin Top Liner), Kraft Liner, H-RCT Kraft Liner, etc. [1]
The packaging paper of the company is used by the packaging industry for making corrugated boxes, sacks, liners, and composite containers. [2]