Orient Paper & Industries Ltd

₹ 32.4 3.68%
06 Oct 3:31 p.m.
About

Orient Paper & Industries Ltd is engaged in manufacturing and selling of paper and other products including Caustic soda Lye, C.S Flakes, Liquid Chlorine and Hydrochloric Acid.[1][2]

Key Points

Part of C.K. Birla Group
The C.K. Birla group is a leading industrial group of India having presence in diverse businesses like auto ancillary products, cement, paper, fan and IT solutions and services through its various group entities. Being part of the C. K. Birla group provides significant financial flexibility to the company. [1]

  • Market Cap 687 Cr.
  • Current Price 32.4
  • High / Low 39.4 / 19.8
  • Stock P/E
  • Book Value 73.2
  • Dividend Yield 0.78 %
  • ROCE -2.34 %
  • ROE -1.90 %
  • Face Value 1.00

Pros

  • Stock is trading at 0.43 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 2.74% over past five years.
  • Company has a low return on equity of -1.43% over last 3 years.
  • Contingent liabilities of Rs.592 Cr.
  • Earnings include an other income of Rs.10.5 Cr.

* 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

Standalone Figures in Rs. Crores / View Consolidated

Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022
149.77 158.67 163.64 134.48 80.64 89.79 118.36 154.57 90.80 139.52 164.19 191.14 211.22
132.11 139.97 153.02 133.96 96.76 105.60 125.11 149.25 100.10 152.98 162.98 186.50 201.35
Operating Profit 17.66 18.70 10.62 0.52 -16.12 -15.81 -6.75 5.32 -9.30 -13.46 1.21 4.64 9.87
OPM % 11.79% 11.79% 6.49% 0.39% -19.99% -17.61% -5.70% 3.44% -10.24% -9.65% 0.74% 2.43% 4.67%
1.37 3.97 3.01 3.48 2.09 2.67 0.96 3.88 1.10 3.91 0.75 3.41 2.44
Interest 1.10 1.38 1.28 1.47 1.31 1.54 1.89 1.87 1.06 1.33 1.25 1.33 1.17
Depreciation 8.03 8.22 8.39 8.52 8.03 8.13 8.26 7.97 7.93 7.83 7.72 7.72 7.71
Profit before tax 9.90 13.07 3.96 -5.99 -23.37 -22.81 -15.94 -0.64 -17.19 -18.71 -7.01 -1.00 3.43
Tax % 18.89% 11.63% 15.91% 50.25% 25.42% 35.64% 33.56% -500.00% 33.28% 37.52% 49.93% -120.00% 34.99%
Net Profit 8.02 11.55 3.33 -2.98 -17.44 -14.68 -10.60 -3.83 -11.47 -11.69 -3.51 -2.20 2.23
EPS in Rs 0.38 0.54 0.16 -0.14 -0.82 -0.69 -0.50 -0.18 -0.54 -0.55 -0.17 -0.10 0.11
Raw PDF

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
1,980 2,490 1,268 1,575 1,667 1,819 511 661 710 607 443 586 706
1,660 2,063 1,275 1,529 1,640 1,719 510 549 572 559 477 602 704
Operating Profit 319 427 -7 46 27 99 1 112 138 48 -33 -17 2
OPM % 16% 17% -1% 3% 2% 5% 0% 17% 19% 8% -8% -3% 0%
16 22 17 39 19 17 77 11 34 12 10 9 11
Interest 44 42 19 37 44 51 21 15 10 5 7 5 5
Depreciation 81 88 37 47 44 44 25 28 32 33 32 31 31
Profit before tax 210 318 -45 1 -42 21 33 80 130 21 -63 -44 -23
Tax % 32% 33% 29% -190% 32% 2% -16% 38% 22% 5% 26% 34%
Net Profit 143 212 -32 4 -29 21 38 49 102 20 -47 -29 -15
EPS in Rs 7.16 10.00 -1.52 0.20 -1.35 0.99 1.79 2.32 4.79 0.94 -2.19 -1.36 -0.71
Dividend Payout % 20% 19% -6% 48% -7% 24% 56% 43% 23% 53% -11% -18%
Compounded Sales Growth
10 Years: -13%
5 Years: 3%
3 Years: -6%
TTM: 56%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: 63%
Stock Price CAGR
10 Years: 19%
5 Years: -4%
3 Years: 8%
1 Year: 1%
Return on Equity
10 Years: 1%
5 Years: 1%
3 Years: -1%
Last Year: -2%

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
20 20 20 20 20 20 21 21 21 21 21 21
Reserves 865 1,098 418 412 379 394 953 997 1,067 1,070 1,447 1,532
489 510 305 337 380 443 186 90 28 36 88 210
561 602 362 448 444 442 642 701 688 568 404 410
Total Liabilities 1,935 2,230 1,106 1,218 1,223 1,299 1,803 1,809 1,805 1,695 1,960 2,173
1,196 1,232 548 518 515 493 1,280 1,354 1,331 1,323 1,311 1,288
CWIP 27 173 6 2 3 19 86 11 18 53 54 181
Investments 66 87 9 9 9 19 238 297 289 148 436 538
646 737 544 688 697 769 199 148 168 171 159 165
Total Assets 1,935 2,230 1,106 1,218 1,223 1,299 1,803 1,809 1,805 1,695 1,960 2,173

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
237 282 -20 38 36 76 36 126 99 68 -20 -24
-192 -247 -20 -24 -30 -45 -78 15 1 -47 -7 -87
-33 -42 6 -7 -4 1 -7 -146 -100 -21 35 104
Net Cash Flow 12 -7 -34 7 2 31 -49 -5 -1 0 8 -8

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 44 51 95 98 79 77 17 20 15 16 19 14
Inventory Days 85 84 62 60 84 77 179 117 138 146 185 136
Days Payable 98 95 111 113 112 94 190 133 153 186 238 184
Cash Conversion Cycle 31 40 46 45 52 60 7 4 0 -24 -33 -34
Working Capital Days 19 22 60 53 49 48 -7 -21 2 -10 -23 -13
ROCE % 19% 24% -2% 5% 0% 9% 2% 8% 11% 2% -4% -2%

Shareholding Pattern

Numbers in percentages

Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022
38.74 38.74 38.74 38.74 38.74 38.74 38.74 38.74 38.74 38.74 38.74 38.74
0.39 0.39 0.10 0.10 0.04 0.04 0.04 0.07 0.12 0.56 0.79 0.86
15.26 15.32 15.36 14.25 12.23 12.30 12.07 11.56 11.35 10.58 10.58 9.40
45.62 45.56 45.80 46.91 49.00 48.92 49.16 49.64 49.79 50.12 49.89 51.00

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