Kuantum Papers Ltd

₹ 144 -1.87%
02 Dec - 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 1,261 Cr.
  • Current Price 144
  • High / Low 180 / 63.2
  • Stock P/E 16.3
  • Book Value 96.8
  • Dividend Yield 0.00 %
  • ROCE 5.03 %
  • ROE 1.59 %
  • Face Value 1.00

Pros

  • Company is expected to give good quarter

Cons

  • The company has delivered a poor sales growth of 6.45% over past five years.
  • Company has a low return on equity of 3.21% over last 3 years.
  • Promoters have pledged 80.1% of their holding.
  • Dividend payout has been low at 1.01% of profits over last 3 years
  • Working capital days have increased from 41.3 days to 62.2 days

* 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

Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022
190 187 178 48 69 119 169 148 201 230 252 274 341
160 163 153 58 70 106 141 132 161 199 219 213 242
Operating Profit 31 24 25 -10 -1 13 28 15 40 30 33 61 99
OPM % 16% 13% 14% -21% -2% 11% 16% 10% 20% 13% 13% 22% 29%
1 2 4 1 6 2 -8 1 1 1 1 -62 1
Interest 9 7 7 8 8 8 4 17 17 18 18 18 20
Depreciation 8 8 8 8 8 8 10 12 12 11 11 11 11
Profit before tax 15 11 13 -26 -11 -2 6 -12 12 2 5 -31 69
Tax % -29% -95% 1% 36% 49% 25% -63% 55% 15% -62% 13% -27% 24%
Net Profit 19 21 13 -16 -6 -1 10 -5 11 4 4 -39 53
EPS in Rs 2.22 2.40 1.51 -1.86 -0.65 -0.14 1.19 -0.62 1.20 0.46 0.50 -4.45 6.04
Raw PDF

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 TTM
307 376 422 477 499 526 608 704 793 745 404 830 1,097
262 333 362 402 435 460 490 556 637 625 374 710 873
Operating Profit 46 43 60 76 64 65 118 148 156 119 30 120 224
OPM % 15% 12% 14% 16% 13% 12% 19% 21% 20% 16% 7% 14% 20%
2 2 1 3 1 1 3 3 9 9 1 4 -60
Interest 23 24 23 22 21 20 21 25 29 31 28 70 73
Depreciation 15 15 16 19 13 14 15 19 25 32 35 46 45
Profit before tax 10 5 21 37 32 33 84 107 111 65 -32 8 46
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 22
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 2.55
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: 72%
Compounded Profit Growth
10 Years: 14%
5 Years: -26%
3 Years: -44%
TTM: 239%
Stock Price CAGR
10 Years: 46%
5 Years: 13%
3 Years: 46%
1 Year: 80%
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 Sep 2022
10 9 9 39 39 39 9 39 39 39 39 39 9
Reserves 52 55 68 100 532 552 612 683 758 823 809 822 836
190 202 203 147 194 213 302 291 365 543 659 732 662
49 60 93 124 121 130 88 139 153 174 138 113 178
Total Liabilities 299 325 373 379 856 903 1,011 1,121 1,284 1,549 1,614 1,676 1,685
235 234 223 265 673 687 772 825 978 1,034 1,436 1,408 1,403
CWIP 4 12 37 0 26 50 42 84 55 310 21 29 32
Investments -0 -0 -0 -0 -0 -0 -0 -0 -0 -0 -0 -0 -0
61 79 112 114 157 166 198 213 251 206 158 239 249
Total Assets 299 325 373 379 856 903 1,011 1,121 1,284 1,549 1,614 1,676 1,685

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 95 141 145 114
Days Payable 30 46 114 89 54 47 47 54 47 42 124 47
Cash Conversion Cycle 94 68 52 43 85 80 91 95 63 105 51 94
Working Capital Days -1 -4 -3 1 26 23 17 24 17 11 51 62
ROCE % 14% 12% 16% 21% 10% 7% 12% 14% 13% 8% 0% 5%

Shareholding Pattern

Numbers in percentages

2 recently
Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022
70.30 70.30 70.30 70.30 70.30 70.30 70.30 70.30 70.30 70.30 70.30 70.31
0.00 0.00 0.00 0.00 0.00 0.00 0.01 0.00 0.02 0.01 0.00 0.00
0.01 0.01 0.01 0.01 0.01 0.01 0.00 0.01 0.00 0.01 0.01 0.00
29.69 29.69 29.69 29.69 29.69 29.69 29.68 29.69 29.67 29.68 29.69 29.69

* The XBRL reporting format changed from Sep'2022 onwards. The new format added details about banks and foreign portfolio investors. These were not available earlier.
The sudden increase in FII or DII might be because of these changes.

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

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