JK Paper Ltd
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]
- Market Cap ₹ 6,570 Cr.
- Current Price ₹ 388
- High / Low ₹ 453 / 204
- Stock P/E 8.57
- Book Value ₹ 201
- Dividend Yield 1.42 %
- ROCE 15.7 %
- ROE 17.6 %
- Face Value ₹ 10.0
Pros
- Company is expected to give good quarter
- Company has been maintaining a healthy dividend payout of 17.9%
Cons
- The company has delivered a poor sales growth of 8.65% over past five 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.
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
1,233 | 1,330 | 1,459 | 1,738 | 2,159 | 2,437 | 2,629 | 2,844 | 3,256 | 3,054 | 2,742 | 3,981 | 5,460 | |
974 | 1,183 | 1,327 | 1,614 | 1,904 | 2,046 | 2,116 | 2,231 | 2,386 | 2,150 | 2,110 | 3,038 | 4,093 | |
Operating Profit | 259 | 147 | 133 | 124 | 255 | 391 | 512 | 614 | 871 | 904 | 632 | 943 | 1,367 |
OPM % | 21% | 11% | 9% | 7% | 12% | 16% | 19% | 22% | 27% | 30% | 23% | 24% | 25% |
13 | 29 | 28 | -3 | 12 | 10 | 26 | 26 | 55 | 81 | 69 | 80 | 60 | |
Interest | 51 | 51 | 50 | 122 | 204 | 195 | 188 | 143 | 122 | 123 | 94 | 93 | 89 |
Depreciation | 72 | 73 | 73 | 122 | 114 | 117 | 120 | 121 | 125 | 144 | 154 | 169 | 211 |
Profit before tax | 148 | 52 | 37 | -123 | -51 | 89 | 232 | 375 | 678 | 719 | 453 | 761 | 1,127 |
Tax % | 28% | 5% | -1% | 37% | 75% | 32% | 30% | 31% | 36% | 31% | 29% | 33% | |
Net Profit | 106 | 49 | 38 | -77 | -13 | 61 | 163 | 260 | 437 | 493 | 322 | 511 | 752 |
EPS in Rs | 3.61 | 2.76 | -5.65 | -0.93 | 4.10 | 10.44 | 14.82 | 24.53 | 27.64 | 19.02 | 30.17 | 44.38 | |
Dividend Payout % | 17% | 42% | 181% | 0% | 0% | 12% | 14% | 17% | 14% | 14% | 21% | 18% |
Compounded Sales Growth | |
---|---|
10 Years: | 12% |
5 Years: | 9% |
3 Years: | 7% |
TTM: | 68% |
Compounded Profit Growth | |
---|---|
10 Years: | 27% |
5 Years: | 26% |
3 Years: | 5% |
TTM: | 72% |
Stock Price CAGR | |
---|---|
10 Years: | 27% |
5 Years: | 22% |
3 Years: | 43% |
1 Year: | 82% |
Return on Equity | |
---|---|
10 Years: | 14% |
5 Years: | 18% |
3 Years: | 17% |
Last Year: | 18% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Sep 2022 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
78 | 137 | 137 | 137 | 137 | 149 | 156 | 176 | 178 | 178 | 169 | 169 | 169 | |
Reserves | 511 | 715 | 739 | 661 | 641 | 963 | 1,150 | 1,470 | 1,863 | 2,190 | 2,431 | 2,875 | 3,242 |
647 | 1,094 | 1,746 | 2,189 | 2,089 | 1,892 | 1,698 | 1,310 | 1,350 | 1,370 | 2,302 | 2,701 | 2,498 | |
226 | 438 | 443 | 484 | 448 | 483 | 590 | 653 | 844 | 1,005 | 1,132 | 1,371 | 1,545 | |
Total Liabilities | 1,461 | 2,383 | 3,064 | 3,472 | 3,315 | 3,486 | 3,594 | 3,608 | 4,236 | 4,743 | 6,035 | 7,117 | 7,454 |
844 | 807 | 771 | 2,468 | 2,297 | 2,751 | 2,636 | 2,603 | 2,568 | 2,522 | 2,418 | 4,466 | 4,366 | |
CWIP | 25 | 582 | 1,541 | 17 | 27 | 20 | 16 | 34 | 52 | 349 | 1,563 | 33 | 53 |
Investments | 83 | 73 | 15 | 96 | 28 | 41 | 271 | 164 | 913 | 701 | 865 | 997 | 1,564 |
509 | 921 | 738 | 890 | 963 | 674 | 672 | 806 | 703 | 1,172 | 1,188 | 1,620 | 1,471 | |
Total Assets | 1,461 | 2,383 | 3,064 | 3,472 | 3,315 | 3,486 | 3,594 | 3,608 | 4,236 | 4,743 | 6,035 | 7,117 | 7,454 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
229 | 7 | 124 | 130 | 254 | 404 | 561 | 555 | 913 | 636 | 560 | 599 | |
-100 | -596 | -792 | -332 | -50 | -34 | -260 | 46 | -898 | -298 | -1,326 | -757 | |
-107 | 706 | 554 | 176 | -195 | -373 | -289 | -507 | -123 | -323 | 744 | 164 | |
Net Cash Flow | 23 | 117 | -114 | -25 | 9 | -3 | 13 | 95 | -107 | 15 | -22 | 6 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 32 | 40 | 30 | 36 | 25 | 21 | 15 | 14 | 9 | 9 | 11 | 20 |
Inventory Days | 79 | 83 | 87 | 102 | 102 | 83 | 94 | 94 | 72 | 119 | 91 | 85 |
Days Payable | 0 | 72 | 55 | 74 | 65 | 47 | 57 | 61 | 60 | 90 | 94 | 88 |
Cash Conversion Cycle | 111 | 50 | 62 | 64 | 62 | 57 | 53 | 47 | 21 | 38 | 8 | 17 |
Working Capital Days | 18 | 25 | 23 | 28 | 35 | -15 | -15 | -14 | -21 | -6 | 16 | 38 |
ROCE % | 18% | 6% | 3% | 0% | 5% | 10% | 13% | 17% | 25% | 23% | 12% | 16% |
Documents
Announcements
- Closure of Trading Window 23h
- Board Meeting Intimation for Unaudited Financial Results Of The Company For The Quarter And Nine Months Ended 31St December 2022 23h
- Announcement under Regulation 30 (LODR)-Credit Rating 19 Jan
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
3 Jan - Certificate under Reg. 74 (5) of SEBI (DP) Regulations, for the quarter ended 31.12.2022.
- Closure of Trading Window 30 Dec
Annual reports
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2011
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Financial Year 2010
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Financial Year 2010
from nse
Concalls
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Aug 2022Transcript PPT
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May 2022Transcript PPT
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Aug 2021Transcript PPT
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Jun 2021Transcript PPT
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Feb 2021TranscriptPPT
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Nov 2020TranscriptPPT
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Nov 2018TranscriptPPT
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May 2018TranscriptPPT
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Feb 2018TranscriptPPT
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Aug 2017Transcript PPT
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Jun 2017TranscriptPPT
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Feb 2017TranscriptPPT
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Nov 2016TranscriptPPT
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Jul 2016TranscriptPPT
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May 2016TranscriptPPT
Distribution Network
J K Paper has a robust distribution network of over 300 trade partners and 4000 dealers with 15 pan-India depots, reducing the turnaround time in servicing customers. [1]