Tamil Nadu Newsprint & Papers Ltd

Tamil Nadu Newsprint & Papers is in the business of manufacture and marketing of Paper, Paper Board, Cement and Generation of Power.

  • Market Cap: 687.22 Cr.
  • Current Price: 99.10
  • 52 weeks High / Low 215.40 / 85.00
  • Book Value: 247.49
  • Stock P/E: 20.23
  • Dividend Yield: 6.05 %
  • ROCE: 11.01 %
  • ROE: 7.78 %
  • Sales Growth (3Yrs): 5.48 %
  • Listed on BSE and NSE
  • Company Website
  • Face Value: 10.00
Edit ratios
Pros:
Stock is trading at 0.40 times its book value
Cons:
Company has low interest coverage ratio.
The company has delivered a poor growth of 10.20% over past five years.
Company has a low return on equity of 4.58% for last 3 years.
Contingent liabilities of Rs.805.98 Cr.
Dividend payout has been low at 1.61% of profits over last 3 years

Peer comparison Sector: Paper // Industry: Paper

Loading peers table ...

Quarterly Results Figures in Rs. Crores

Sep 2017 Dec 2017 Mar 2018 Jun 2018 Sep 2018 Dec 2018 Mar 2019 Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020
538 944 1,051 925 1,006 1,103 1,048 951 777 842 901 496
470 799 890 781 886 920 847 735 640 697 792 424
Operating Profit 68 145 161 144 120 184 202 216 137 145 110 73
OPM % 13% 15% 15% 16% 12% 17% 19% 23% 18% 17% 12% 15%
Other Income 7 8 12 10 8 10 -62 10 7 8 12 5
Interest 58 65 58 59 61 58 56 54 53 54 61 50
Depreciation 55 56 57 56 57 57 56 57 58 58 58 58
Profit before tax -38 32 58 39 10 79 27 114 33 41 2 -31
Tax % 65% 16% 43% 36% 36% 37% 50% 33% 35% 28% 2% 35%
Net Profit -13 27 33 25 7 50 13 77 22 30 2 -20
EPS in Rs -1.91 3.92 4.78 3.57 0.94 7.18 1.95 11.14 3.12 4.26 0.27 -2.89
Notes Notes Notes Notes Notes Notes Notes Notes Notes Notes Notes Notes

Profit & Loss Figures in Rs. Crores

Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 TTM
1,066 1,026 1,208 1,492 1,861 2,285 2,136 2,418 2,958 3,098 4,083 3,471 3,016
812 762 892 1,172 1,459 1,779 1,630 1,851 2,229 2,693 3,434 2,863 2,552
Operating Profit 254 264 316 319 402 506 506 567 729 405 649 608 465
OPM % 24% 26% 26% 21% 22% 22% 24% 23% 25% 13% 16% 18% 15%
Other Income 54 56 47 116 20 17 17 22 37 34 -34 36 32
Interest 49 46 44 141 121 128 155 122 252 245 233 223 218
Depreciation 101 116 123 169 175 192 137 144 208 222 227 231 232
Profit before tax 158 158 195 125 126 203 230 324 306 -28 155 191 46
Tax % 32% 20% 24% 13% 27% 20% 28% 20% 14% -51% 39% 32%
Net Profit 107 126 149 109 91 161 167 260 265 -42 94 130 33
EPS in Rs 14.72 17.42 20.67 14.89 12.34 22.21 22.81 36.23 38.13 0.00 13.60 18.74 4.76
Dividend Payout % 29% 25% 23% 32% 38% 26% 25% 20% 20% -82% 55% 32%
* Sales is net of excise duty and discounts
Compounded Sales Growth
10 Years:12.97%
5 Years:10.20%
3 Years:5.48%
TTM:-26.58%
Compounded Profit Growth
10 Years:1.18%
5 Years:-4.70%
3 Years:-20.91%
TTM:-78.11%
Stock Price CAGR
10 Years:-3.40%
5 Years:-11.34%
3 Years:-33.94%
1 Year:-49.81%
Return on Equity
10 Years:10.35%
5 Years:9.47%
3 Years:4.58%
Last Year:7.78%

Balance Sheet Figures in Rs. Crores

Corp Actions
Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020
69 69 69 69 69 69 69 69 69 69 69 69
Reserves 595 735 846 901 966 1,077 1,132 1,440 1,635 1,534 1,582 1,644
Borrowings 806 1,363 1,488 1,734 1,500 1,475 2,066 2,687 2,823 2,426 1,959 2,205
524 544 671 850 945 1,092 1,430 1,222 1,106 1,496 1,921 1,659
Total Liabilities 1,995 2,712 3,075 3,555 3,481 3,713 4,697 5,419 5,634 5,525 5,531 5,577
1,221 1,244 2,195 2,178 2,105 2,433 2,410 2,432 4,099 4,071 3,888 3,734
CWIP 263 852 98 309 457 95 631 1,815 59 18 14 62
Investments 1 11 1 1 1 1 1 6 1 1 1 0
510 604 781 1,067 918 1,183 1,656 1,166 1,475 1,435 1,628 1,780
Total Assets 1,995 2,712 3,075 3,555 3,481 3,713 4,697 5,419 5,634 5,525 5,531 5,577

Cash Flows Figures in Rs. Crores

Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020
145 208 275 306 632 524 404 620 284 833 819 241
-279 -702 -268 -282 -195 -284 -741 -894 -90 -115 -47 -207
128 495 -14 -17 -432 -252 345 270 -253 -574 -849 -36
Net Cash Flow -5 2 -7 7 5 -12 8 -4 -59 144 -77 -1

Ratios Figures in Rs. Crores

Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020
ROCE % 14% 11% 9% 7% 9% 13% 13% 12% 13% 5% 12% 11%
Debtor Days 58 71 62 89 54 60 86 73 66 71 39 55
Inventory Turnover 2.53 2.04 2.43 2.27 2.69 4.72 3.19 3.26 2.70 3.23 3.06 1.95

Shareholding pattern in percentages

Sep 2017 Dec 2017 Mar 2018 Jun 2018 Sep 2018 Dec 2018 Mar 2019 Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020
35.32 35.32 35.32 35.32 35.32 35.32 35.32 35.32 35.32 35.32 35.32 35.32
8.67 8.34 8.73 8.35 8.09 7.72 6.52 6.15 4.99 5.26 5.04 1.51
29.55 29.73 30.14 29.26 28.72 30.00 30.84 30.52 31.99 31.20 30.85 29.20
4.06 4.06 4.06 4.06 4.06 4.06 4.06 4.06 4.06 4.06 4.06 4.06
22.40 22.55 21.75 23.02 23.81 22.90 23.26 23.95 23.64 24.16 24.73 29.91