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 ₹ 6,298 Cr.
- Current Price ₹ 372
- High / Low ₹ 453 / 306
- Stock P/E 5.18
- Book Value ₹ 272
- Dividend Yield 2.15 %
- ROCE 28.5 %
- ROE 34.0 %
- Face Value ₹ 10.0
Pros
- Company has delivered good profit growth of 36.4% CAGR over last 5 years
- Company has been maintaining a healthy dividend payout of 18.9%
Cons
* 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 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
1,330 | 1,459 | 1,738 | 2,160 | 2,437 | 2,629 | 2,844 | 3,257 | 3,060 | 2,751 | 3,969 | 6,437 | 6,597 | |
1,179 | 1,320 | 1,597 | 1,902 | 2,042 | 2,112 | 2,226 | 2,388 | 2,189 | 2,188 | 2,971 | 4,425 | 4,663 | |
Operating Profit | 151 | 139 | 141 | 259 | 396 | 517 | 618 | 868 | 871 | 563 | 997 | 2,012 | 1,934 |
OPM % | 11% | 10% | 8% | 12% | 16% | 20% | 22% | 27% | 28% | 20% | 25% | 31% | 29% |
25 | 26 | -5 | 3 | 7 | 35 | 22 | 50 | 104 | 111 | 124 | 139 | 204 | |
Interest | 51 | 54 | 129 | 205 | 195 | 188 | 143 | 124 | 129 | 129 | 132 | 222 | 250 |
Depreciation | 74 | 74 | 127 | 116 | 118 | 121 | 122 | 128 | 149 | 174 | 193 | 282 | 314 |
Profit before tax | 51 | 38 | -119 | -60 | 89 | 244 | 375 | 666 | 696 | 370 | 797 | 1,646 | 1,573 |
Tax % | 6% | 0% | 37% | 69% | 32% | 28% | 31% | 36% | 33% | 36% | 32% | 27% | |
49 | 38 | -75 | -18 | 56 | 172 | 261 | 425 | 468 | 237 | 544 | 1,208 | 1,235 | |
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 | 70.59 | 72.05 |
Dividend Payout % | 42% | 180% | 0% | 0% | 13% | 14% | 17% | 15% | 15% | 28% | 17% | 11% |
Compounded Sales Growth | |
---|---|
10 Years: | 16% |
5 Years: | 18% |
3 Years: | 28% |
TTM: | 21% |
Compounded Profit Growth | |
---|---|
10 Years: | 50% |
5 Years: | 36% |
3 Years: | 38% |
TTM: | 31% |
Stock Price CAGR | |
---|---|
10 Years: | 29% |
5 Years: | 17% |
3 Years: | 56% |
1 Year: | -12% |
Return on Equity | |
---|---|
10 Years: | 18% |
5 Years: | 22% |
3 Years: | 22% |
Last Year: | 34% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 137 | 137 | 137 | 137 | 149 | 156 | 176 | 178 | 178 | 169 | 169 | 169 | 169 |
Reserves | 714 | 739 | 664 | 639 | 954 | 1,165 | 1,468 | 1,860 | 2,187 | 2,347 | 2,827 | 3,865 | 4,439 |
Preference Capital | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 48 | 51 | 54 | 58 | 62 | |
1,094 | 1,784 | 2,248 | 2,104 | 1,892 | 1,698 | 1,310 | 1,515 | 1,731 | 2,736 | 3,079 | 2,741 | 2,482 | |
439 | 443 | 491 | 448 | 485 | 577 | 656 | 969 | 1,194 | 1,303 | 1,550 | 2,145 | 2,123 | |
Total Liabilities | 2,383 | 3,103 | 3,538 | 3,328 | 3,478 | 3,596 | 3,608 | 4,522 | 5,290 | 6,555 | 7,625 | 8,920 | 9,214 |
858 | 824 | 2,577 | 2,370 | 2,752 | 2,688 | 2,654 | 2,706 | 3,142 | 3,031 | 5,280 | 5,756 | 5,784 | |
CWIP | 584 | 1,541 | 23 | 27 | 20 | 16 | 37 | 329 | 400 | 1,704 | 46 | 124 | 97 |
Investments | 64 | 6 | 69 | 4 | 70 | 259 | 152 | 675 | 491 | 641 | 724 | 931 | 1,424 |
877 | 732 | 870 | 927 | 636 | 633 | 766 | 812 | 1,258 | 1,180 | 1,574 | 2,110 | 1,909 | |
Total Assets | 2,383 | 3,103 | 3,538 | 3,328 | 3,478 | 3,596 | 3,608 | 4,522 | 5,290 | 6,555 | 7,625 | 8,920 | 9,214 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
13 | 91 | 137 | 260 | 405 | 565 | 560 | 879 | 558 | 475 | 774 | 1,762 | |
-602 | -794 | -332 | -14 | -34 | -262 | 40 | -1,115 | -395 | -1,282 | -874 | -948 | |
706 | 589 | 173 | -240 | -373 | -289 | -507 | 140 | -148 | 784 | 103 | -787 | |
Net Cash Flow | 117 | -114 | -22 | 6 | -2 | 14 | 93 | -97 | 15 | -22 | 3 | 27 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 40 | 30 | 36 | 25 | 21 | 15 | 14 | 8 | 9 | 10 | 20 | 20 |
Inventory Days | 77 | 87 | 98 | 102 | 83 | 94 | 94 | 78 | 133 | 106 | 110 | 105 |
Days Payable | 67 | 55 | 71 | 65 | 47 | 57 | 61 | 62 | 102 | 110 | 111 | 84 |
Cash Conversion Cycle | 50 | 62 | 62 | 62 | 57 | 53 | 47 | 24 | 40 | 7 | 19 | 40 |
Working Capital Days | 12 | 22 | 19 | 35 | -15 | -16 | -15 | -11 | 12 | 47 | 51 | 50 |
ROCE % | 6% | 3% | 1% | 5% | 10% | 13% | 17% | 23% | 21% | 10% | 16% | 28% |
Documents
Announcements
- Disclosure Under Regulation 30 Of SEBI (LODR) Regulations, 2015 21 Nov
- Announcement under Regulation 30 (LODR)-Credit Rating 16 Nov
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 7 Nov
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 3 Nov
- Announcement under Regulation 30 (LODR)-Press Release / Media Release 3 Nov
Annual reports
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Financial Year 2023
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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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Concalls
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May 2023Transcript PPT
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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 2020TranscriptNotesPPT
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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 2017TranscriptNotesPPT
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Feb 2017TranscriptNotesPPT
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Nov 2016TranscriptNotesPPT
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Jul 2016TranscriptNotesPPT
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May 2016TranscriptNotesPPT
Distribution Network [1]
J K Paper has a robust distribution network of over 450 trade partners and 4000 dealers with 14 pan-India depots and 2 Quick Service centers, reducing the turnaround time in servicing customers.