Ballarpur Industries Ltd

₹ 1.45 -1.36%
01 Jul - close price
About

Ballarpur Industries is engaged in the business of manufacturing and selling of writing and printing paper.

  • Market Cap 188 Cr.
  • Current Price 1.45
  • High / Low 3.02 / 0.93
  • Stock P/E
  • Book Value 0.51
  • Dividend Yield 0.00 %
  • ROCE -33.7 %
  • ROE -1,411 %
  • Face Value 2.00

Pros

  • Company has reduced debt.

Cons

  • Stock is trading at 2.84 times its book value
  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of -7.85% over past five years.
  • Promoter holding is low: 2.67%
  • Company has a low return on equity of -143.47% for last 3 years.
  • Contingent liabilities of Rs.432.29 Cr.
  • Promoters have pledged 96.18% of their holding.
  • Company's cost of borrowing seems high
  • Promoter holding has decreased over last 3 years: -22.38%

* 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

Standalone Figures in Rs. Crores / View Consolidated

Jun 2017 Sep 2017 Dec 2017 Mar 2018 Jun 2018 Sep 2018 Dec 2018 Mar 2019 Jun 2019 Sep 2019 Dec 2019 Mar 2020
68 41 82 108 105 112 120 113 113 108 59 20
62 70 94 111 104 127 135 108 110 106 81 454
Operating Profit 5 -29 -12 -3 0 -15 -15 4 3 2 -22 -435
OPM % 8% -71% -14% -3% 0% -13% -13% 4% 3% 2% -38% -2,222%
8 14 12 -147 12 46 -19 -343 5 4 -349 22
Interest 66 68 62 49 52 57 52 81 65 40 40 327
Depreciation 13 15 18 13 16 16 16 16 16 16 16 -2
Profit before tax -66 -99 -80 -212 -56 -42 -102 -436 -72 -50 -427 -738
Tax % 0% 0% 0% 69% 0% 0% 0% 0% 0% 0% 0% 0%
Net Profit -66 -99 -80 -66 -56 -42 -102 -436 -72 -50 -427 -738
EPS in Rs -1.01 -0.76 -0.62 -0.51 -0.43 -0.32 -0.79 -3.37 -0.56 -0.38 -3.30 -5.70

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Jun 2009 Jun 2010 Jun 2011 Jun 2012 Jun 2013 Jun 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020
999 1,021 1,061 1,094 985 950 451 562 216 303 455 300
771 836 893 971 827 819 383 485 531 338 474 751
Operating Profit 228 184 168 123 158 131 68 76 -315 -35 -19 -451
OPM % 23% 18% 16% 11% 16% 14% 15% 14% -146% -11% -4% -151%
36 29 13 5 10 4 1 109 -185 -119 -311 -317
Interest 44 43 46 26 49 54 36 108 153 244 242 472
Depreciation 77 83 84 90 81 72 44 58 53 60 63 46
Profit before tax 142 87 50 12 38 10 -11 20 -705 -457 -636 -1,287
Tax % 12% 33% 40% 46% 12% -247% 181% -9% 4% 32% 0% 0%
Net Profit 125 58 30 7 33 35 9 22 -680 -311 -636 -1,287
EPS in Rs 2.26 0.89 0.46 0.10 0.51 0.54 0.14 0.33 -10.37 -2.41 -4.91 -9.95
Dividend Payout % 22% 56% 130% 499% 59% 37% 147% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: -11%
5 Years: -8%
3 Years: 12%
TTM: -34%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: -262%
Stock Price CAGR
10 Years: -24%
5 Years: -38%
3 Years: -9%
1 Year: -6%
Return on Equity
10 Years: -15%
5 Years: -52%
3 Years: -143%
Last Year: -1411%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Jun 2009 Jun 2010 Jun 2011 Jun 2012 Jun 2013 Jun 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020
111 131 131 131 131 131 131 131 131 259 259 259
Reserves 1,239 1,520 1,487 1,456 1,466 1,486 1,479 1,545 -40 526 -193 -193
890 862 983 751 874 1,002 1,031 1,974 2,513 1,691 1,656 943
468 625 458 406 385 328 317 1,268 2,079 1,632 1,848 2,560
Total Liabilities 2,708 3,138 3,059 2,744 2,856 2,947 2,958 4,918 4,683 4,107 3,569 3,569
849 972 950 893 1,215 1,246 1,260 2,633 2,369 2,609 1,782 1,782
CWIP 194 88 137 175 137 133 160 299 313 1 3 3
Investments 286 1,151 1,196 814 814 814 814 1,065 1,065 1,058 946 946
1,379 927 776 863 690 754 724 921 936 440 839 839
Total Assets 2,708 3,138 3,059 2,744 2,856 2,947 2,958 4,918 4,683 4,107 3,569 3,569

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Jun 2009 Jun 2010 Jun 2011 Jun 2012 Jun 2013 Jun 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020
140 818 122 194 160 54 103 -185 -533 42 28 19
-302 -943 -73 132 -191 -81 -63 -343 46 -12 13 0
-191 196 -43 -324 23 29 -38 577 433 -22 -46 -22
Net Cash Flow -353 72 6 2 -8 2 2 49 -54 7 -5 -2

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Jun 2009 Jun 2010 Jun 2011 Jun 2012 Jun 2013 Jun 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020
Debtor Days 75 79 83 78 79 80 175 10 9 8 9 14
Inventory Days 147 178 180 163 202 235 608 423 1,033 197 111 127
Days Payable 65 142 109 79 104 89 247 186 377 734 465 519
Cash Conversion Cycle 157 115 154 163 176 225 537 247 665 -528 -345 -378
Working Capital Days 363 115 97 90 86 138 319 357 673 -1,233 -1,152 -1,746
ROCE % 8% 5% 4% 2% 4% 3% 1% 3% -11% -2% -1% -34%

Shareholding Pattern

Numbers in percentages

Sep 2018 Dec 2018 Mar 2019 Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021
25.05 25.05 25.05 25.05 24.22 24.22 24.22 24.22 2.68 2.68 2.68 2.68
5.09 8.16 8.02 7.99 7.89 3.74 3.74 3.74 1.76 0.63 0.63 0.63
34.04 34.01 33.46 33.23 33.22 33.27 33.23 33.22 32.45 30.24 29.67 29.67
35.82 32.78 33.47 33.73 34.67 38.77 38.81 38.82 63.11 66.45 67.03 67.03

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