JK Paper Ltd

JK Paper Ltd

₹ 389 -1.56%
29 Jul - close price
About

Established in 1962, JK Paper is the leading player in Office papers, Coated papers and Packaging boards. It is one of the most respected paper companies today. [1]

Key Points

Product Segments

  • Market Cap 7,045 Cr.
  • Current Price 389
  • High / Low 445 / 305
  • Stock P/E 25.8
  • Book Value 274
  • Dividend Yield 1.29 %
  • ROCE 7.77 %
  • ROE 5.10 %
  • Face Value 10.0

Pros

  • Company has been maintaining a healthy dividend payout of 23.1%

Cons

  • Company has a low return on equity of 10.4% 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.

Loading peers table ...

Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026 Jun 2026
1,395 1,453 1,512 1,500 1,479 1,424 1,390 1,652 1,600 1,421 1,560 1,807 1,700
1,044 1,126 1,203 1,190 1,267 1,201 1,250 1,454 1,375 1,256 1,427 1,581 1,464
Operating Profit 351 327 309 310 212 222 140 199 226 165 133 226 235
OPM % 25% 23% 20% 21% 14% 16% 10% 12% 14% 12% 9% 13% 14%
29 30 33 30 29 31 22 17 17 18 -0 5 23
Interest 44 35 72 28 29 61 17 44 61 44 39 47 31
Depreciation 60 62 61 60 61 63 62 76 74 64 76 77 76
Profit before tax 276 260 209 251 151 130 82 96 108 74 18 108 152
Tax % 16% 9% 2% 8% 28% 7% 26% 23% 29% 24% 20% 24% 26%
231 237 204 230 109 121 61 74 76 57 15 83 113
EPS in Rs 13.63 14.02 12.06 13.56 6.44 7.14 3.61 4.37 4.50 3.34 0.87 4.55 6.23
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026 TTM
2,159 2,437 2,629 2,844 3,256 3,054 2,742 3,981 6,232 5,860 5,732 6,632 6,488
1,904 2,046 2,116 2,231 2,386 2,150 2,110 3,038 4,570 4,564 4,972 5,857 5,728
Operating Profit 255 391 512 614 871 904 632 943 1,662 1,296 760 775 760
OPM % 12% 16% 19% 22% 27% 30% 23% 24% 27% 22% 13% 12% 12%
12 10 26 26 55 81 69 80 75 123 99 40 47
Interest 204 195 188 143 122 123 94 93 188 180 150 192 161
Depreciation 114 117 120 121 125 144 154 169 237 243 250 302 293
Profit before tax -51 89 232 375 678 719 453 761 1,312 996 459 320 353
Tax % -75% 32% 30% 31% 36% 31% 29% 33% 32% 9% 20% 25%
-13 61 163 260 437 493 322 511 885 902 365 241 267
EPS in Rs -0.93 4.10 10.44 14.82 24.53 27.64 19.02 30.17 52.26 53.27 21.56 13.29 14.99
Dividend Payout % 0% 12% 14% 17% 14% 14% 21% 18% 15% 16% 23% 30%
Compounded Sales Growth
10 Years: 11%
5 Years: 19%
3 Years: 2%
TTM: 7%
Compounded Profit Growth
10 Years: 15%
5 Years: -4%
3 Years: -34%
TTM: -18%
Stock Price CAGR
10 Years: 22%
5 Years: 8%
3 Years: 6%
1 Year: 10%
Return on Equity
10 Years: 15%
5 Years: 14%
3 Years: 10%
Last Year: 5%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Equity Capital 137 149 156 176 178 178 169 169 169 169 169 181
Reserves 641 963 1,166 1,470 1,863 2,190 2,431 2,875 3,605 4,383 4,669 4,794
2,089 1,892 1,698 1,310 1,350 1,370 2,302 2,701 2,393 1,886 1,546 2,192
448 483 575 653 844 1,005 1,132 1,371 1,633 1,464 1,441 1,653
Total Liabilities 3,315 3,486 3,594 3,608 4,236 4,743 6,035 7,117 7,801 7,902 7,825 8,820
2,297 2,751 2,636 2,603 2,568 2,522 2,418 4,466 4,341 4,198 4,060 4,662
CWIP 27 20 16 34 52 349 1,563 33 30 54 79 417
Investments 28 41 271 164 913 701 865 997 1,811 2,029 1,899 1,275
963 674 672 806 703 1,172 1,188 1,620 1,619 1,622 1,788 2,466
Total Assets 3,315 3,486 3,594 3,608 4,236 4,743 6,035 7,117 7,801 7,902 7,825 8,820

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
254 404 561 555 913 636 560 599 1,378 932 437 518
-50 -34 -260 46 -898 -298 -1,326 -757 -656 -94 49 -736
-195 -373 -289 -507 -123 -323 744 164 -704 -809 -536 251
Net Cash Flow 9 -3 13 95 -107 15 -22 6 18 29 -51 33
Free Cash Flow 132 368 504 470 796 172 -505 -118 1,292 804 265 70
CFO/OP 99% 109% 119% 102% 121% 85% 101% 77% 98% 90% 72% 82%

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Debtor Days 25 21 15 14 9 9 11 20 10 10 12 24
Inventory Days 102 83 94 94 72 119 91 85 75 83 95 95
Days Payable 65 47 57 61 60 90 94 88 64 60 57 59
Cash Conversion Cycle 62 57 53 47 21 38 8 17 20 33 50 61
Working Capital Days -7 -34 -33 -24 -23 -20 -37 -3 -9 9 24 17
ROCE % 5% 10% 13% 17% 25% 23% 12% 16% 25% 18% 9% 8%

Insights

In beta
Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Installed Production Capacity (Paper & Board)
MT TPA

Log in to view insights

Please log in to see hidden values.

Login
Capacity Utilization
%
Number of Trade Partners
Count
Plantation Area (Annual addition)
Acres
Total Sales Volume
MT
Market Share - Office/Copier Paper
%

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
49.64% 49.64% 49.64% 49.64% 49.64% 49.64% 49.64% 49.63% 49.63% 49.63% 52.94% 52.94%
10.90% 10.75% 9.26% 12.09% 11.37% 12.18% 11.86% 11.76% 11.50% 12.07% 11.59% 11.39%
3.18% 3.37% 3.71% 5.71% 5.81% 5.55% 5.50% 5.47% 5.58% 5.86% 6.15% 6.27%
36.29% 36.25% 37.39% 32.56% 33.19% 32.62% 33.00% 33.14% 33.29% 32.43% 29.32% 29.40%
No. of Shareholders 1,40,7391,43,4841,43,6141,23,1651,46,9461,50,3421,56,1341,51,6891,42,6221,36,0671,31,7921,30,169

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

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

Documents

Concalls