Kuantum Papers Ltd

₹ 72.8 2.39%
01 Jul - close price
About

Incorporated in 1980, Kuantum Papers is in the business of production and marketing of wood-free writing and printing paper. The Co. is one of the largest fully integrated Agro-based paper manufacturers in India committed to manufacturing wood-free, high-quality maplitho, cream wove, copier and specialty paper. [1][2]

Key Points

Product offerings
The company offers a wide range of paper and paper-related products like Maplitho, Coloured Paper, Ledger, Cartridge, Parchment, Duplicating Paper and wood-free speciality paper.
These products are extensively used in the printing of books, notebooks, office stationery, etc. It is now foraying into new specialty products like Food Grade -OGR, Cup Stock Base, Tissue paper and also has several products under development. [1] [2]

  • Market Cap 635 Cr.
  • Current Price 72.8
  • High / Low 108 / 63.2
  • Stock P/E 47.3
  • Book Value 95.2
  • Dividend Yield 0.00 %
  • ROCE 4.95 %
  • ROE 1.60 %
  • Face Value 1.00

Pros

  • Stock is trading at 0.76 times its book value
  • Company is expected to give good quarter

Cons

  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of 6.45% over past five years.
  • Company has a low return on equity of 3.22% for last 3 years.
  • Promoters have pledged 80.90% of their holding.
  • Dividend payout has been low at 1.01% of profits 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.

Peer comparison

Sector: Paper Industry: Paper

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Quarterly Results

Figures in Rs. Crores

Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022
188.61 190.43 187.43 178.26 47.58 68.67 118.58 169.06 147.52 201.11 229.78 251.99
149.73 159.91 163.12 153.42 57.79 69.83 105.83 141.16 132.03 161.17 199.32 218.92
Operating Profit 38.88 30.52 24.31 24.84 -10.21 -1.16 12.75 27.90 15.49 39.94 30.46 33.07
OPM % 20.61% 16.03% 12.97% 13.93% -21.46% -1.69% 10.75% 16.50% 10.50% 19.86% 13.26% 13.12%
2.27 1.11 1.53 3.86 0.64 6.37 2.06 -7.61 1.48 0.89 0.81 0.67
Interest 7.46 8.82 7.09 7.06 7.58 7.81 8.03 4.32 16.97 16.76 17.66 17.56
Depreciation 7.50 7.80 8.02 8.38 8.41 8.44 8.40 9.57 12.08 11.74 11.13 11.20
Profit before tax 26.19 15.01 10.73 13.26 -25.56 -11.04 -1.62 6.40 -12.08 12.33 2.48 4.98
Tax % 29.86% -29.05% -94.97% 0.83% 36.42% 48.55% 25.31% -62.97% 54.97% 14.68% -62.50% 13.05%
Net Profit 18.37 19.37 20.92 13.15 -16.26 -5.68 -1.21 10.42 -5.45 10.51 4.04 4.32
EPS in Rs 2.10 2.22 2.40 1.51 -1.86 -0.65 -0.14 1.19 -0.62 1.20 0.46 0.50

Profit & Loss

Figures in Rs. Crores

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
307 376 422 477 499 526 608 704 793 745 404 830
262 333 362 402 435 460 490 556 637 625 374 711
Operating Profit 46 43 60 76 64 65 118 148 156 119 30 119
OPM % 15% 12% 14% 16% 13% 12% 19% 21% 20% 16% 7% 14%
2 2 1 3 1 1 3 3 9 9 1 4
Interest 23 24 23 22 21 20 21 25 29 31 28 69
Depreciation 15 15 16 19 13 14 15 19 25 32 35 46
Profit before tax 10 5 21 37 32 33 84 107 111 65 -32 8
Tax % -78% 32% 40% 10% 21% 25% 30% 32% 30% -10% 60% -74%
Net Profit 18 4 13 34 25 25 59 73 78 72 -13 13
EPS in Rs 2.10 0.43 1.47 3.84 2.87 2.81 6.79 8.35 8.93 8.23 -1.46 1.54
Dividend Payout % 5% 0% 0% 0% 3% 4% 3% 3% 6% 3% 0% 0%
Compounded Sales Growth
10 Years: 8%
5 Years: 6%
3 Years: 2%
TTM: 106%
Compounded Profit Growth
10 Years: 14%
5 Years: -26%
3 Years: -44%
TTM: 422%
Stock Price CAGR
10 Years: 39%
5 Years: 9%
3 Years: 23%
1 Year: 2%
Return on Equity
10 Years: 7%
5 Years: 6%
3 Years: 3%
Last Year: 2%

Balance Sheet

Figures in Rs. Crores

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
10 9 9 39 39 39 9 39 39 39 39 9
Reserves 52 55 68 100 532 552 612 683 758 823 809 822
190 202 203 147 194 213 302 291 365 543 659 762
49 60 93 124 121 130 88 139 153 174 138 83
Total Liabilities 299 325 373 379 856 903 1,011 1,121 1,284 1,549 1,614 1,676
235 234 223 265 673 687 772 825 978 1,034 1,436 1,408
CWIP 4 12 37 0 26 50 42 84 55 310 21 29
Investments 0 0 0 0 0 0 0 0 0 0 0 0
61 79 112 114 157 166 198 213 251 206 158 239
Total Assets 299 325 373 379 856 903 1,011 1,121 1,284 1,549 1,614 1,676

Cash Flows

Figures in Rs. Crores

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
43 45 53 62 32 57 73 131 136 75 80 48
-21 -31 -27 -11 -56 -50 -93 -132 -150 -252 -178 -35
-21 -14 -26 -50 23 -6 41 -8 39 138 98 -11
Net Cash Flow 2 0 0 1 -0 0 21 -8 25 -39 -0 3

Ratios

Figures in Rs. Crores

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 22 19 25 27 32 25 21 17 15 7 30 27
Inventory Days 102 95 141 105 107 102 117 133 95 141 145 103
Days Payable 30 33 65 70 42 32 47 54 47 42 124 42
Cash Conversion Cycle 94 81 101 62 97 95 91 95 63 105 51 87
Working Capital Days -1 -4 -3 1 26 23 17 24 17 11 37 62
ROCE % 14% 12% 16% 21% 10% 7% 12% 14% 13% 8% 0% 5%

Shareholding Pattern

Numbers in percentages

Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022
70.30 70.30 70.30 70.30 70.30 70.30 70.30 70.30 70.30 70.30 70.30 70.30
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.01 0.00 0.02 0.01
0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.00 0.01 0.00 0.01
29.69 29.69 29.69 29.69 29.69 29.69 29.69 29.69 29.68 29.69 29.67 29.68

Documents

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