JK Paper Ltd
JKPAPERJK Paper Ltd
JKPAPERPrice Chart
Scorecard
Performance
LowHasn't fared well - amongst the low performers
Valuation
AvgCan be considered moderately valued vs the market
Growth
AvgFinancials growth has been moderate for a few years
Profitability
HighShowing good signs of profitability & efficiency
Entry point
GoodThe stock is underpriced and is not in the overbought zone
Red flags
LowNo red flag found
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Key Metrics
No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
---|---|---|
10.13 | 1.50 | 1.83% |
Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
---|---|---|
31.17 | 3.55 | 1.31% |
Forecast & Ratings
Detailed Forecast from 2 analysts
Price
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
Company Profile
JK Paper Limited is a paper manufacturing company. The Company offers products in various categories, including coated papers and packaging boards, such as office documentation, uncoated paper and board, and coated paper and board.
Peers
Compare with peersÂWest Coast Paper Mills Ltd
Seshasayee Paper and Boards Ltd
Andhra Paper Ltd
Pudumjee Paper Products Ltd
Pakka Limited
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Forecasts
Price
Revenue
Earnings
Price Forecast
All values in ₹
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Revenue Forecast
All values in ₹ Thousand cr.
All values in ₹ Thousand cr.
Earnings Per Share Forecast
All values in ₹
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Income
Balance Sheet
Cash Flow
Income Statement
Financial Year | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | TTM | ||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Total Revenue | 2,777.26 | 2,915.95 | 3,110.21 | 3,542.26 | 3,404.07 | 3,111.77 | 4,368.69 | 6,944.82 | 7,227.46 | 6,995.95 | ||||||||||
Raw Materials | 1,453.64 | 1,491.06 | 1,538.85 | 1,579.64 | 1,498.02 | 1,223.66 | 1,724.77 | 2,885.11 | 3,486.61 | 5,546.29 | ||||||||||
Power & Fuel Cost | 214.63 | 212.38 | 245.59 | 258.67 | 295.27 | 323.72 | 492.31 | 685.78 | 542.12 | |||||||||||
Employee Cost | 180.62 | 218.15 | 231.88 | 262.73 | 287.67 | 305.32 | 381.52 | 483.67 | 566.20 | |||||||||||
Selling & Administrative Expenses | 349.85 | 268.23 | 264.16 | 258.24 | 266.65 | 323.73 | 400.09 | 429.29 | 436.48 | |||||||||||
Operating & Other expenses | 176.21 | 174.28 | 188.97 | 264.86 | 81.29 | 262.28 | 248.37 | 310.16 | 353.19 | |||||||||||
EBITDA | 402.31 | 551.85 | 640.76 | 918.12 | 975.17 | 673.06 | 1,121.63 | 2,150.81 | 1,842.86 | 1,449.66 | ||||||||||
Depreciation/Amortization | 118.29 | 120.68 | 122.32 | 127.68 | 149.48 | 174.25 | 193.05 | 281.85 | 310.10 | 309.26 | ||||||||||
PBIT | 284.02 | 431.17 | 518.44 | 790.44 | 825.69 | 498.81 | 928.58 | 1,868.96 | 1,532.76 | 1,140.40 | ||||||||||
Interest & Other Items | 195.23 | 187.64 | 143.02 | 124.40 | 129.30 | 128.60 | 131.88 | 222.48 | 208.08 | 218.47 | ||||||||||
PBT | 88.79 | 243.53 | 375.42 | 666.04 | 696.39 | 370.21 | 796.70 | 1,646.48 | 1,324.68 | 921.93 | ||||||||||
Taxes & Other Items | 32.86 | 71.71 | 114.84 | 238.76 | 221.07 | 130.26 | 254.10 | 450.69 | 202.91 | 142.95 | ||||||||||
Net Income | 55.93 | 171.82 | 260.58 | 427.28 | 475.32 | 239.95 | 542.60 | 1,195.79 | 1,121.77 | 778.98 | ||||||||||
EPS | 3.92 | 11.29 | 15.72 | 24.16 | 26.67 | 13.80 | 32.03 | 70.59 | 66.22 | 45.98 | ||||||||||
DPS | 0.50 | 1.50 | 2.50 | 3.50 | 4.00 | 4.00 | 5.50 | 8.00 | 8.50 | 8.50 | ||||||||||
Payout ratio | 0.13 | 0.13 | 0.16 | 0.14 | 0.15 | 0.29 | 0.17 | 0.11 | 0.13 | 0.18 |
Company Updates
Annual report
PDFAnnual report
PDFAnnual report
PDFAnnual report
PDFAnnual report
PDFPeers & Comparison
MaterialsPaper Products
Valuation
Technical
Forecast
Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
---|---|---|---|
JK Paper Ltd | 7.03 | 1.50 | 1.83% |
West Coast Paper Mills Ltd | 5.79 | 1.05 | 1.32% |
Seshasayee Paper and Boards Ltd | 7.55 | 1.07 | 1.54% |
Andhra Paper Ltd | 5.91 | 1.06 | 1.98% |
Price Comparison
Compare JKPAPER with any stock or ETFShareholdings
Promoter Holdings Trend
Total Promoter Holding
In last 6 months, promoter holding in the company has almost stayed constant
Low Pledged Promoter Holding
Pledged promoter holdings is insignificant
Institutional Holdings Trend
Increased Total Retail Holding
In last 3 months, retail holding in the company has increased by 1.27%
Foreign Institutional Holding
In last 3 months, foreign institutional holding of the company has almost stayed constant
Shareholding Pattern
Dec 2023
Mar 2024
Jun 2024
Sep 2024
Shareholding History
Mutual Funds Holding Trend
Mutual Fund Holding
In last 3 months, mutual fund holding of the company has almost stayed constant
Top 5 Mutual Funds holding JK Paper Ltd
Funds (Top 5) | The rupee value of the stock held by the fund divided by the stock’s market cap Market-cap held | Percentage of the fund’s portfolio invested in the stock Weight | Change in the portfolio weight of the stock over the last 3 months 3M holding change | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months Portfolio rank(3M change) |
---|---|---|---|---|
HSBC Value Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 2.3536% | Percentage of the fund’s portfolio invested in the stock 1.36% | Change in the portfolio weight of the stock over the last 3 months -0.20% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 28/78 (-2) |
UTI Aggressive Hybrid Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.4690% | Percentage of the fund’s portfolio invested in the stock 0.61% | Change in the portfolio weight of the stock over the last 3 months 0.03% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 75/104 (-2) |
Mahindra Manulife Small Cap Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.4568% | Percentage of the fund’s portfolio invested in the stock 0.84% | Change in the portfolio weight of the stock over the last 3 months 0.23% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 63/86 (+2) |
Compare 3-month MF holding change on Screener
smallcases
Looks like this stock is not in any smallcase yet.
Events
Dividend Trend
No Dividend Cuts
JKPAPER has increased or maintained dividend levels over the last 5 years
Dividend Yield
Current dividend yield is 1.83%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹18.25 every year
Dividends
Corp. Actions
Announcements
Legal Orders
Upcoming Dividends
No upcoming dividends are available
Past Dividends
Cash Dividend
Ex DateEx DateAug 20, 2024
Dividend/Share
₹5.00
Ex DateEx Date
Aug 20, 2024
Cash Dividend
Ex DateEx DateFeb 16, 2024
Dividend/Share
₹3.50
Ex DateEx Date
Feb 16, 2024
Cash Dividend
Ex DateEx DateAug 18, 2023
Dividend/Share
₹4.00
Ex DateEx Date
Aug 18, 2023
Cash Dividend
Ex DateEx DateFeb 17, 2023
Dividend/Share
₹4.00
Ex DateEx Date
Feb 17, 2023
Cash Dividend
Ex DateEx DateAug 23, 2022
Dividend/Share
₹5.50
Ex DateEx Date
Aug 23, 2022
The Board of Directors of JK Paper (JKPL) in it's meeting held today approved a Composite Scheme of Arrangement (Scheme) of, inter alia, JK Paper Ltd and Horizon Packs, Securipax Packaging, JKPL Utility Packaging Solutions which are wholly owned subsidiaries (WOS) of JKPL and Enviro Tech Ventures. As a part of the Scheme, the three WOS of JKPL engaged in manufacturing of packaging products and solutions will be merged with JKPL to create a consolidated paper and packaging company. Further, pursuant to the Scheme, The Sirpur Paper Mills will become a direct subsidiary of JKPL. Separately, the Board also approved the acquisition of majority stake in Radhesham Wellpack (RWPL) in today's meeting. JKPL entered into a Share Purchase and Shareholders' Agreement (SPSHA) for the acquisition of 60% shares of RWPL upfront and the balance 40% to be acquired within a period of two years as per the SPSHA. RWPL is engaged in the business of manufacture of corrugated boxes, corrugated sheets, and other corrugated packaging related work/ products. Corrugated Packaging is a rapidly growing segment in the Indian Paper & Packaging industry driven by growth in end-use industries.Powered by Capital Market - Live
The key equity indices continued to trade with moderate losses in early afternoon trade. The Nifty traded below the 23,900 level. Consumer Durables shares extended losses for the two consecutive trading sessions. At 12:30 IST, the barometer index, the S&P BSE, Sensex declined 374.05 points or 0.48% to 78,404.97. The Nifty 50 index fell 111.10 points or 0.46% to 23,884.25. In the broader market, the S&P BSE Mid-Cap index fell 0.62% and the S&P BSE Small-Cap index shed 0.84%. The market breadth was positive. On the BSE, 1,986 shares rose and 1,817 shares fell. A total of 134 shares were unchanged. Derivatives: The NSE's India VIX, a gauge of the market's expectation of volatility over the near term, jumped 7.21% to 17.05. The Nifty 31 October 2024 futures were trading at 23,997.05, at a premium of 112.8 points as compared with the spot at 23,884.25. The Nifty option chain for the 28 November 2024 expiry showed maximum Call OI of 27.8 lakh contracts at the 25,000 strike price. Maximum Put OI of 40 lakh contracts were seen at 24,000 strike price. Buzzing Index: The Nifty Consumer Durables index fell 0.99% to 38,748.65. The index declined 2.03% in two trading sessions. Kalyan Jewellers India (down 3.25%), V-Guard Industries (down 2.13%), Havells India (down 1.76%), Crompton Greaves Consumer Electricals (down 1.65%), Dixon Technologies (India) (down 1.42%), Voltas (down 0.78%), Titan Company (down 0.55%), Cera Sanitaryware (down 0.4%), Bata India (down 0.12%) declined. On the other hand, Whirlpool of India (up 2.28%), Rajesh Exports (up 1.36%) and Amber Enterprises India (up 1.29%) edged higher. Stocks in Spotlight : JK Paper fell 0.54% after its consolidated net profit tumbled 57.84% to Rs 128.85 crore in Q2 FY25 as against Rs 305.68 crore posted in same quarter last year. Revenue from operations rose 1.99% year on year (YoY) to Rs 1,682.93 crore in the quarter ended 30 September 2024. Indian Railway Catering and Tourism Corporation's (IRCTC) rose 0.46%. The company's consolidated net profit rose 4.47% to Rs 307.87 crore in Q2 FY25 as compared with Rs 294.68 crore posted in Q2 FY24. Revenue from operations grew by 7.21% to Rs 1,064 crore in Q2 FY25 as compared with Rs 992.40 crore reported in Q2 FY24. Meanwhile, the company's board declared an interim dividend of Rs 4 per share for financial year 2024-25 and has set the record date on 17 November 2024. Powered by Capital Market - Live
Revenue from operations rose 1.99% year on year (YoY) to Rs 1,682.93 crore in the quarter ended 30 September 2024. Profit before tax decreased by 57.35% to Rs 145.25 crore in Q2 FY25 over Q2 FY24. On half year basis, the company's net profit slumped 52.01% to Rs 296.64 crore on 5.04% rise in revenue from operations to Rs 3,396.58 crore in H1 FY25 over H1 FY24. Harsh Pati Singhania, chairman & MD, said, 'The results have been primarily affected due to continuing high wood cost. Sizeable increase in imports at much lower prices has significantly impacted volume and realisation in the printing & writing and packaging board segment.' JK Paper is the market leader in branded copier paper in India and amongst the top producers of coated paper and packaging boards in the country. The company is consistently following a policy of focusing on value added products like copier, bond, security, coated papers, virgin fibre packaging boards, high-end maplitho, food grade papers and boards.Powered by Capital Market - Live
Net profit of JK Paper declined 57.50% to Rs 128.51 crore in the quarter ended September 2024 as against Rs 302.35 crore during the previous quarter ended September 2023. Sales rose 1.99% to Rs 1682.93 crore in the quarter ended September 2024 as against Rs 1650.04 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales1682.931650.04 2 OPM %15.6624.68 - PBDT227.52424.08 -46 PBT145.25340.58 -57 NP128.51302.35 -57 Powered by Capital Market - Live
JK Paper will hold a meeting of the Board of Directors of the Company on 4 November 2024Powered by Capital Market - Live
JK Paper announced that R.V. Kanoria (DlN: 00003792) and Sandip Somany (DlN: 00053597) have completed their second term as Independent Directors of the Company on 22 August 2024 and consequently, they are not Members of the Board of Directors of the Company with effect from 23 August 2024. Powered by Capital Market - Live
JK Paper announced that the Annual General Meeting (AGM) of the company will be held on 3 September 2024.Powered by Capital Market - Live
JK Paper Q1 Results Review - Weathering The Challenges: IDBI Capital
JK Paper Ltd leads losers in ‘A’ group
Axis Bank Ltd, Garden Reach Shipbuilders & Engineers Ltd, DCB Bank Ltd and Welspun Corp Ltd are among the other losers in the BSE's 'A' group today, 25 July 2024.JK Paper Ltd tumbled 7.32% to Rs 522.6 at 14:46 IST.The stock was the biggest loser in the BSE's 'A' group.On the BSE, 84509 shares were traded on the counter so far as against the average daily volumes of 1.55 lakh shares in the past one month.Axis Bank Ltd crashed 5.78% to Rs 1168.1. The stock was the second biggest loser in 'A' group.On the BSE, 5.57 lakh shares were traded on the counter so far as against the average daily volumes of 2.98 lakh shares in the past one month.Garden Reach Shipbuilders & Engineers Ltd lost 4.66% to Rs 2267.25. The stock was the third biggest loser in 'A' group.On the BSE, 70315 shares were traded on the counter so far as against the average daily volumes of 4.05 lakh shares in the past one month.DCB Bank Ltd slipped 4.57% to Rs 127.25. The stock was the fourth biggest loser in 'A' group.On the BSE, 4.36 lakh shares were traded on the counter so far as against the average daily volumes of 1.48 lakh shares in the past one month.Welspun Corp Ltd corrected 4.51% to Rs 638.15. The stock was the fifth biggest loser in 'A' group.On the BSE, 37435 shares were traded on the counter so far as against the average daily volumes of 91995 shares in the past one month.Powered by Capital Market - Live
Higher than Industry Revenue Growth
Over the last 5 years, revenue has grown at a yearly rate of 15.33%, vs industry avg of 6.38%
Increasing Market Share
Over the last 5 years, market share increased from 12.02% to 19.86%
Higher than Industry Net Income
Over the last 5 years, net income has grown at a yearly rate of 21.29%, vs industry avg of 12%