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 ₹ 5,153 Cr.
- Current Price ₹ 304
- High / Low ₹ 387 / 192
- Stock P/E 9.50
- Book Value ₹ 177
- Dividend Yield 1.31 %
- ROCE 16.3 %
- ROE 19.6 %
- Face Value ₹ 10.0
Pros
- Company is expected to give good quarter
- Company has been maintaining a healthy dividend payout of 20.14%
Cons
- The company has delivered a poor sales growth of 8.59% over past five years.
- Company might be capitalizing the interest cost
* 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 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
1,233 | 1,330 | 1,459 | 1,738 | 2,160 | 2,437 | 2,629 | 2,844 | 3,257 | 3,060 | 2,751 | 3,969 | |
974 | 1,179 | 1,320 | 1,597 | 1,902 | 2,042 | 2,112 | 2,226 | 2,388 | 2,189 | 2,188 | 2,971 | |
Operating Profit | 259 | 151 | 139 | 141 | 259 | 396 | 517 | 618 | 868 | 871 | 563 | 997 |
OPM % | 21% | 11% | 10% | 8% | 12% | 16% | 20% | 22% | 27% | 28% | 20% | 25% |
13 | 25 | 26 | -5 | 3 | 7 | 35 | 22 | 50 | 104 | 111 | 124 | |
Interest | 51 | 51 | 54 | 129 | 205 | 195 | 188 | 143 | 124 | 129 | 129 | 132 |
Depreciation | 72 | 74 | 74 | 127 | 116 | 118 | 121 | 122 | 128 | 149 | 174 | 193 |
Profit before tax | 148 | 51 | 38 | -119 | -60 | 89 | 244 | 375 | 666 | 696 | 370 | 797 |
Tax % | 28% | 6% | 0% | 37% | 69% | 32% | 28% | 31% | 36% | 33% | 36% | 32% |
Net Profit | 107 | 49 | 38 | -75 | -18 | 56 | 172 | 261 | 427 | 475 | 240 | 543 |
EPS in Rs | 3.55 | 2.78 | -5.47 | -1.35 | 3.77 | 11.02 | 14.85 | 23.97 | 26.67 | 14.16 | 32.03 | |
Dividend Payout % | 17% | 42% | 180% | 0% | 0% | 13% | 14% | 17% | 15% | 15% | 28% | 17% |
Compounded Sales Growth | |
---|---|
10 Years: | 12% |
5 Years: | 9% |
3 Years: | 7% |
TTM: | 44% |
Compounded Profit Growth | |
---|---|
10 Years: | 28% |
5 Years: | 28% |
3 Years: | 9% |
TTM: | 142% |
Stock Price CAGR | |
---|---|
10 Years: | 24% |
5 Years: | 27% |
3 Years: | 32% |
1 Year: | 39% |
Return on Equity | |
---|---|
10 Years: | 13% |
5 Years: | 18% |
3 Years: | 16% |
Last Year: | 20% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
78 | 137 | 137 | 137 | 137 | 149 | 156 | 176 | 226 | 229 | 224 | 169 | |
Reserves | 511 | 714 | 739 | 664 | 639 | 954 | 1,150 | 1,468 | 1,860 | 2,156 | 2,316 | 2,827 |
538 | 1,094 | 1,784 | 2,248 | 2,104 | 1,892 | 1,698 | 1,310 | 1,515 | 1,731 | 2,736 | 3,137 | |
334 | 439 | 443 | 491 | 448 | 485 | 592 | 656 | 969 | 1,225 | 1,334 | 1,492 | |
Total Liabilities | 1,461 | 2,383 | 3,103 | 3,538 | 3,328 | 3,478 | 3,596 | 3,608 | 4,522 | 5,290 | 6,555 | 7,625 |
896 | 858 | 824 | 2,577 | 2,370 | 2,752 | 2,688 | 2,654 | 2,706 | 3,142 | 3,031 | 5,284 | |
CWIP | 25 | 584 | 1,541 | 23 | 27 | 20 | 16 | 37 | 329 | 400 | 1,704 | 42 |
Investments | 74 | 64 | 6 | 69 | 4 | 70 | 259 | 152 | 675 | 491 | 641 | 724 |
467 | 877 | 732 | 870 | 927 | 636 | 633 | 766 | 812 | 1,258 | 1,180 | 1,574 | |
Total Assets | 1,461 | 2,383 | 3,103 | 3,538 | 3,328 | 3,478 | 3,596 | 3,608 | 4,522 | 5,290 | 6,555 | 7,625 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
272 | 13 | 91 | 137 | 260 | 405 | 565 | 560 | 879 | 558 | 475 | 774 | |
-142 | -602 | -794 | -332 | -14 | -34 | -262 | 40 | -1,115 | -395 | -1,282 | -874 | |
-107 | 706 | 589 | 173 | -240 | -373 | -289 | -507 | 140 | -148 | 784 | 103 | |
Net Cash Flow | 23 | 117 | -114 | -22 | 6 | -2 | 14 | 93 | -97 | 15 | -22 | 3 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
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 | 8 | 9 | 10 | 20 |
Inventory Days | 74 | 77 | 87 | 98 | 102 | 83 | 94 | 94 | 78 | 133 | 106 | 110 |
Days Payable | 67 | 67 | 55 | 71 | 65 | 47 | 57 | 61 | 62 | 102 | 110 | 111 |
Cash Conversion Cycle | 39 | 50 | 62 | 62 | 62 | 57 | 53 | 47 | 24 | 40 | 7 | 19 |
Working Capital Days | 6 | 12 | 22 | 19 | 35 | -15 | -16 | -15 | -11 | 12 | 14 | 108 |
ROCE % | 19% | 6% | 3% | 1% | 5% | 10% | 14% | 17% | 24% | 21% | 10% | 16% |
Documents
Announcements
- Closure of Trading Window 1d
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Announcement under Regulation 30 (LODR)-Credit Rating
24 Jun - CRISIL Ratings has migrated the rating for Fixed Deposits (FD) Programme of JK Paper Limited of Rs. 100 crore to 'CRISIL AA-/Stable' from 'FAA/Stable'. As …
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
2 Jun - Audio recording link - Annual Investor Conference call held on 2nd June 2022
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
31 May - The Company will be attending Annual Investor Conference Call titled 'Trinity India- 2022' organised by Batlivala & Karnani Securities India Pvt. Ltd. on Thursday, 2nd …
- Compliance Under Regulation 23(9) Of SEBI (LODR) Regulations, 2015 For Half Year Ended 31.3.2022. 27 May
Annual reports
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Financial Year 2021
from bse
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Financial Year 2020
from bse
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Financial Year 2019
from bse
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Financial Year 2018
from bse
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Financial Year 2017
from bse
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Financial Year 2016
from bse
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Financial Year 2015
from bse
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Financial Year 2014
from bse
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Financial Year 2013
from bse
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Financial Year 2012
from bse
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Financial Year 2011
from bse
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Financial Year 2011
from nse
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Financial Year 2010
from bse
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Financial Year 2010
from nse
Concalls
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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]